February 5, 2015 / Vancouver, BC – Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) is pleased to report that the company’s wholly owned subsidiary, Dajin Resources (US) Corp. has received the lithium and boron assay results from a widely spaced sediment sampling program carried out on Dajin’s 100% owned Teels Marsh claims in Mineral County, Nevada.
This program confirmed the presence of near surface lithium in dry and wet sediments within an anomalous zone up to 18,000 feet long in an east-west direction and up to 6,000 feet wide in a north-south direction (5480 m x 1820 m). A total of 74 sample locations were tested, at approximately 1,000 feet (300 m) intervals along east-west lines 1,600 feet (487 m) apart. With most of the analyses completed, the highest lithium assay value was 460 ppm. There were 28 assays that returned values greater than 150 ppm, 23 assays were greater than 100 ppm and only 5 assays were lower than 100 ppm. (These values were comparable to those reported in USGS Report – See Press Release of December 18, 2014).
The sediment samples were collected with a hand auger using an extension that allowed holes to reach a depth of approximately 3 m (10 feet). Each sample was placed in a Sentry II spun-bonded polypropylene bag, labeled and numbered tag placed in the bag. They were then loaded onto the geologist’s vehicle and transported to a secure room. When shipped, the bags were transferred by hand out of the field vehicle and under receipt by geologist to ALS Minerals in Reno, Nevada. Brine samples were collected when encountered and the alkalinity of the brines was measured in the field with a standard test. The brine samples returned 19 values of 10 to 20 ppm lithium with a higher lithium value of 70 ppm outside that range. The remainder of samples, 45 in number were below the limit of detection which was 10 ppm lithium, for the method of analysis used. The shallow brines encountered would be expected to be well diluted by rain water that had a maximum precipitation in the period October to November of 2014, just prior to the sampling that started in November 2014.
Upon completion of the analysis and interpretation of the sampling program Dajin is planning to carry out geophysical and sampling surveys with deeper drilling in order to test the depth and size of the aquifers within the Teels Marsh basin and their lithium concentrations.
The Teels Marsh property is located approximately 50 miles northwest of the lithium production unit of Rockwood Lithium Inc., currently the only producing brine based lithium mine in operation in North America. Like Clayton Valley, Teels Marsh is a classic, fault bounded closed basin. Active tectonics have, over time, created a deep basin that has trapped ground water within the sedimentary fill rich in volcanic sediments. Trapped ground water has circulated for millennia in a climate where evaporation was greater than precipitation. This strongly evaporitic climate lead to the increasing enrichment of the basin’s ground water with soluble salts of lithium and boron that were probably leached from volcanic ash that was generated by large eruptions to the west including the Mono Lake Crater eruptions.
Teels Marsh is also a known geothermal site. Just as with circulating basin waters, the hot ones associated with the geothermal resource, dissolve rocks, liberating boron, lithium and other elements such as sodium and chloride. These minerals are brought to the surface as springs emanating from the faults bounding the playa. Halite (table salt), and ulexite (a calcium sodium borate) were mined in the valley in the late 1800s (1872 – 1892). The supposition of a closed basin in an arid environment with a geothermal circulation system and sources of lithium suggests that Teels Marsh is a target for significant lithium rich brines.
The technical information in this press release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and has been reviewed and approved on behalf of the company by Benjamin Ainsworth, P.Geo, a qualified person.
About Dajin: (www.dajin.ca)
Dajin is an early stage energy metals exploration company holding a 100% interest in claims known to contain lithium and boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 2,187 hectares (5,405 acres), was the birth place of US Borax Corp’s first borax mine. Dajin’s recent oversubscribed private placement raised in excess of $1.2 million for Dajin’s exploration programs and for general working capital.
Dajin also holds a 100% interest in concessions or concession applications in Jujuy Province, Argentina that were acquired in regions known to contain brines with potassium, lithium and boron values. These concessions total approximately 100,000 hectares (247,000 acres) with 80,248 hectares (198,000 acres) located in the Salinas Grandes/Guayatayoc salt lakes basin adjacent to concessions held by Orocobre Limited (ORL-T: TSX), who is partnered with Toyota Tsusho.
For further information please contact:
DAJIN RESOURCES CORP.
Brian Findlay, President
Phone: 604-681-6151; Fax: 604-689-7654
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