Dajin Expands Exploration At Alkali Lake And Teels Marsh

Press Releases |

Vancouver, BC  /  June 24, 2015  - Dajin Resources Corp. (“Dajin”) ($DJI:CA) ($DJIFF) is pleased to report that the company’s wholly owned subsidiary, Dajin Resources (US) Corp. has initiated  a 550 station gravity survey at Alkali Lake Nevada, as well as begun further investigations at Teels Marsh in preparation for drilling.  

Dajin’s 100% owned Alkali Lake property consists of 138 placer claims covering an area of 1,138 hectares (2,811 acres). Surface sampling in March and April, 2015, confirmed the presence of near surface lithium. The ongoing gravity survey will define the depth and volume of the basin, critical parameters necessary to define prior to additional exploration work.  The basin is situated approximately 12 km northeast of Rockwood Lithium’s Clayton Valley lithium operation, the only producing brine based lithium mine in operation in North America.  Like Clayton Valley, Alkali Lake is a classic, fault bounded closed basin.  (Click here to see map)

In addition to the work at Alkali Lake, steady progress is being made at Teels Marsh in preparation for drilling to test for Lithium brines. Structural studies and integration of existing information including the gravity study completed by Dajin in March 2015 are underway.

The technical information in this news 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 Dajin by Dr. Catherine Hickson, P.Geo, a qualified person.

About Dajin: (www.dajin.ca)

Dajin is an early stage energy metals exploration company who in addition to the Alkali Lake claims noted above, holds 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 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

Email info@dajin.ca

The TSX Venture Exchange has not reviewed and does not accept responsibility

for the adequacy or accuracy of this release.

Copyright (c) 2015 TheNewswire - All rights reserved

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Inception Mining Inc

Inception Mining Inc a mining exploration stage company engaged in the acquisition, exploration, and development of mineral properties, for gold from owned mining properties.

Private Markets

Uber

Uber connects riders with safe, reliable, convenient transportation providers at a variety of price-points in cities around the world. Uber makes money from charging their drivers 20% of the fare…

GoCoin

Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…