Dajin Begins Permitting Lithium Brine Project For Teels Marsh - Nevada
Vancouver, BC / TheNewswire / June 14, 2016 - Dajin Resources Corp. ("Dajin") (TSX-V: DJI) (OTC: DJIFF) (Frankfurt: A1XF20) is pleased to announce that it has retained the services of Enviroscientists Inc., Reno, Nevada to prepare the base-line studies and documentation for a "Plan of Operations" (POO) to be submitted to the Bureau of Land Management (BLM) for the Teels Marsh Lithium brine project in Mineral County, Nevada.
Dajin continues to carry out exploration on its 100% owned Teels Marsh Project under "Notices of Intent" (NOIs) to the BLM. These NOIs have included gravity, seismic and geoprobe surveys. The surveys are designed to impact less than five acres (two hectares) of land, which is the maximum amount that can be disturbed without undergoing more extensive base-line studies for biology and culture and preparation of a POO. On May 23rd, a kick-off meeting was held with the BLM and planning initiated to complete the "Plan of Operations" by the fall. This POO will address Dajin's forward planning for drilling in 2017, by permitting the construction of roads and pads sufficient to access the playa and the drilling of additional wells. It is anticipated that the POO will be awarded early to mid-2017.
The POO will build upon Dajin's plans to drill two wells in the fall of this year. Dajin has engaged the California-based drilling engineering company, Capuano Engineering Corporation, to assist in the planning of these exploration wells. Should these wells be successful at identifying Lithium concentrations of economic interest, Dajin will be positioned to drill additional wells in 2017. To do this in an expeditious manner Dajin must have the aforementioned POO prepared and approved.
Dajin believes that by initiating the POO process now, continued drilling in 2017 will become possible, lowering costs and minimizing the risk of permitting delays. This allows Dajin the maximum flexibility as it moves forward with its development plans.
The technical information in this press release has been prepared in accordance with the Canadian regulatory requirements of National Instrument 43-101 and has been reviewed and approved on behalf of Dajin Resources Corp. by Dajin Directors Dr. Catherine Hickson, P. Geo and Dr. Mark Coolbaugh, CPG, Qualified Persons.
About Dajin: (www.dajin.ca)
Dajin is an early stage energy metals exploration company holding a 100% interest in 265 placer claims known to contain Lithium and Boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 5,282 acres (2,138 hectares), are adjacent to the birth place of US Borax Corp's first borax mine. Dajin also holds 191 placer claims covering 3,851 acres (1,558 hectares) in the Alkali Lake region of Esmeralda County, Nevada. Dajin has entered into an option agreement with Nevada Energy Metals Inc. (TSX-V:BFF) to explore these claims located 7 miles (12 kilometers) 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 93,000 hectares (230,000 acres) and are located in the Salinas Grandes/Guayatayoc salt lakes basin adjacent to concessions held by Orocobre Ltd. (TSX-T:ORL), who is partnered with Toyota Tsusho. In July 2015, Dajin executed an agreement with the Tres Morros Cooperativa for exploration of the San Jose Project consisting of 4,400 hectares (10,873 acres) of mineral concessions (San Jose and Navidad) within the Salinas Grandes salar.
ON BEHALF OF THE BOARD OF DIRECTORS of DAJIN RESOURCES CORP.
Brian Findlay, President
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
Suite 450-789 West Pender Street Telephone: (604) 681-6151
Vancouver, BC V6C 1H2 Fax: (604) 689-7654
www.dajin.ca Email: info@dajin.ca
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