SCV up after sharing results from its Macallan Project Cut core samples from Scotch Creek Ventures' (SCV.c SCVFF) Macallan lithium property returned grades as high as 461 ppm Lithium.
The core hole, drilled to 1115ft, intersected two thick sections of ash-rich siltstones, claystones, and massive volcanic ash units. Warm, brackish groundwater with an organic odour was also produced. All of this indicates a lake sedimentary origin and a brine water environment.
These early results will help SCV plan the next phase of drilling on the project. Currently, SVC is trading 5% up.
https://www.scotch-creek.com/scotch-creek-discovers-lithium-mineralized-evaporite-stratigraphy-at-macallan/