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Scotch Creek Ventures (CSE:SCV) New Listing

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The company is engaged in the acquisition and exploration of mineral properties, primarily focused on gold exploration.

Additional Information:

Company: Scotch Creek Ventures
Stock Symbol: CSE: SCV
Date Published: Jan 2, 2019
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Scotch Creek Ventures is one of the latest new listing on the Canadian Securities Exchange, trading under the symbol “SCV”.

The company is engaged in the acquisition and exploration of mineral properties, primarily focused on
gold exploration.
.
The company has acquired a 100% undivided interest in the Cupz Property, located in Esmerelda County, Nevada.

It is 12 road miles southwest of Goldfield, Nevada, and 278 miles southeast of Reno or about 195 miles
from Las Vegas, Nevada.

The property, consisting of a contiguous block of 39 claims, covering about 8 hectares or 20 acres, is
located in the Cuprite Hills District, between the Cuprite and Goldfield mining districts

Prior to the discovery of the supergiant Carlin type gold deposits, Goldfield ranked as the third largest gold, silver, and copper producer in Nevada.

Work done on the Cupz Property to date includes geologic mapping, prospecting, scale rock chip sampling, ground magnetics, and gravity.

There were 72 rock samples taken from property

Gold in rocks ranged from less than detection to 3.87 parts per million.

Silver ranged from less than detection to 195.1 parts per million.

Lead ranged from less than detection to 8.15%.

Zinc ranged from less than detection to 1.84%.

The central area of the property has numerous copper values greater than one percent (1.2%, 1.6%, 2.4%, 3.8%, 4.4%, and 6.4%) including one sample with greater than 10% copper.

The company plans to allocate $120,000 to a proposed exploration program including two scout drill holes of about 500 feet each.

The company recently closed an IPO, raising gross proceeds of $397,000 from the placement of 3.3 million shares priced at $0.12 per share.

Canaccord Genuity acted as the agent for the offering.

The shares are currently bid at $0.12.

For more information, please contact David Ryan, CEO, at 604-685-4745.

I’m Samantha Deutscher for Investmentpitch Media