Dajin Obtains Permits for Teels Marsh Geoprobe Exploration

Press Releases |

Vancouver, BC / August 18, 2015  -  Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) is pleased to report that the company’s wholly owned subsidiary, Dajin Resources (US) Corp. has received permits for deep geoprobe work at Dajin’s 100% owned Teels Marsh claims, located in Mineral County, Nevada.  Click to see map.  

Dajin has retained Pediment Gold LLC., of Sparks, Nevada to carry out the work on Teels Marsh. Pediment Gold LLC has significant experience in geoprobe sampling of Nevada playas to obtain fluid and sediment samples. The gravity survey completed earlier in the year indicates Teels Marsh is a deep closed basin greater than 8,900 feet (2,700 meter) in depth which indicates the potential to retain a large quantity of fluids. This exploratory work is to help determine if shallow (less than 200 feet (60 meters)) brine deposits exist and to determine the subsurface properties of the Marsh in preparation for deep drilling.

The Teels Marsh property is located approximately 50 miles (80 kilometers) northwest of the lithium production unit of Rockwood Lithium Inc., currently the only producing brine based lithium mine in operation in North America.  The geological model for Clayton Valley is a similar fault bounded half graben to that which has been imaged by gravity and magnetics at Teels Marsh.  Over time, faulting in these locations has created a deep basin trapping ground water within the sedimentary fill rich in volcanic sediments high in Lithium.

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 holding a 100% interest in 150 placer claims known to contain lithium and boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 3,002 acres (1,215 hectares), was the birth place of US Borax Corp’s first borax mine.  Dajin also hold a 100% interest in claims covering 2,811 acres (1,138 hectares) in Alkali Lake region of Esmeralda County, Nevada, 12 kilometers (7 miles) northeast of Rockwood’s Clayton Valley Lithium operations.

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.  Dajin recently completed an agreement with the Tres Morres community for exploration of the 4,400 hectare (10,873 acres) San Jose and Navidad concessions within the Salinas Grande salar.

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.

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

Taranis Resources Inc.

Taranis Resources Inc is an exploration stage company. The Company along with its subsidiaries is engaged in the acquisition and exploration of mineral properties. Its projects include Thor Property in…

Private Markets

Spotify

Spotify is a online music service offering providing digital content from a range of record labels and artists. Users can browse through the interface by artist, album, genre, playlist, record…

Dropbox, Inc.

Dropbox is a service that allows their users to bring all photos, docs, and videos anywhere, and share them easily. Any file saved to Dropbox will automatically save to all…