Dajin Completes Seismic Survey at Teels Marsh
Vancouver, BC / TheNewswire / July 7, 2016 - Dajin Resources Corp.. ("Dajin") (TSX-V: DJI) (OTC: DJIFF) (Frankfurt: A1XF20) is pleased to announce that it has completed a high resolution seismic survey at its 100% owned Teels Marsh Lithium brine project located in Mineral County, Nevada.
Eagle Exploration Inc. (based in Michigan), recently completed a 12 mile (19 km) seismic survey on the Teels Marsh. Mr. Jerry Schwinkendorf, of Columbia Geophysical, LLC (based in Colorado) is processing the seismic data. Initial review of the data appears encouraging and upon receipt of the final results, Dajin will be able to determine the locations and depths of the target wells to be drilled later this fall. This high resolution survey data will also assist in the defining of any inferred resources estimate that may be calculated following drilling.
An earlier gravity survey and structural analysis suggests that the playa may be well over 6,500 feet (2,000 metres) deep. In addition, thick accumulations of volcanic ash deposits from Long Valley Caldera (called the Bishop Tuff) are likely to be found in the closed basin due to the size (812 km2) of the catchment area. These ash layers have proven to be productive brine sources in Clayton Valley, which holds the only producing Lithium brine mine in North America, Rockwood Lithium Inc.
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 Director, 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 294 placer claims known to contain Lithium and Boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 5,853 acres (2,369 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.
DAJIN RESOURCES CORP.
Brian Findlay, President
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