November 10, 2015 / Vancouver, BC - Dajin Resources Corp. (“Dajin”) ($DJI:CA) ($DJIFF) (Frankfurt: A1XF20) is pleased to report that the company’s wholly owned subsidiary, Dajin Resources (US) Corp. has received initial geochemical results from its Geoprobe program at Dajin’s 100% owned Teels Marsh placer claims, located in Mineral County, Nevada.
Dajin retained Pediment Gold LLC., of Sparks, Nevada to carry out the exploration work on Teels Marsh. This preliminary exploration program was designed to recover cores of playa sediments and test for the presence of near surface brine deposits (less than 200 feet (60 meters)). This work will aid in the defining subsurface properties of the marsh in preparation for deep drilling.
High conductivity brines were intersected between surface and 195 feet (59 meters). Initial analysis of cores indicate the potential for commercially important Lithium concentrations. Analytical work is being carried out by Western Environmental Testing Laboratories, Sparks, Nevada, This lab is currently being used by the Clayton Valley production unit. In an effort to determine the mineral species that contains the Lithium and Boron x-ray diffraction analysis of the sediments was carried out by the Geothermal Research Group, University of Utah in Salt Lake City. Quantities of Smectite clay (of which Hectorite (a Lithium bearing clay is a possible constituent)) were found in the samples along with Searlesite (a Boron Lithium mineral). Interpretation of the results is underway and additional samples are being analyzed.
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 Teels Marsh geological model is similar to Clayton Valley. Over time, faulting in these locations has created a deep basin trapping ground water within the sedimentary fill, which contain Lithium rich volcanic sediments. Teels Marsh is also the site of an active geothermal system, similar to Clayton Valley, Alkali Lake and other valleys with known Lithium concentrations. Based on analysis of Dajin's gravity data and these new geochemical results, Dajin has staked an additional 65 placer claims increasing its claims to 215 comprising 4,574 acres (1,851 hectares). Click to see maps. (Please remember to refresh your browser to see updated maps.)
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 215 placer claims known to contain lithium and boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 4,574 acres (1,851 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.
DAJIN RESOURCES CORP.
Brian Findlay, President
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