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SCOTCH CREEK DISCOVERS LITHIUM-ENRICHED SANDSTONE AT MIRANDA PROJECT

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SCOTCH CREEK DISCOVERS LITHIUM-ENRICHED SANDSTONE AT MIRANDA PROJECT

Executive Summary

Scotch Creek Ventures Inc. has announced successful results from its soil sampling program at the Miranda project, confirming the presence of lithium in what the company describes as lithium-enriched sandstone. The exploration work was conducted on the company's 5,360-acre property, building on previously announced sampling initiatives from November 2023.

The discovery of lithium-enriched sandstone at Miranda represents a notable development in Scotch Creek's exploration portfolio, particularly given the current market focus on securing domestic lithium resources for North America's growing battery supply chain. Lithium-bearing sandstone formations have emerged as an important exploration target as the industry seeks alternatives to traditional hard-rock spodumene deposits and brine operations.

For the broader lithium sector, this discovery adds to the growing inventory of potential lithium resources in British Columbia, a province that has been positioning itself as a key jurisdiction for critical minerals development. The confirmation of lithium presence through soil sampling represents an early but encouraging step in what could become a more comprehensive exploration and development program.

Looking ahead, Scotch Creek will likely need to advance to more detailed exploration phases, including drilling programs and metallurgical testing, to determine the commercial viability of the lithium-enriched sandstone discovery. The company's multi-exchange listing provides access to capital markets that could support expanded exploration efforts as the project advances through its development stages.
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