Dajin Completes Seismic Survey at Teels Marsh
Vancouver, BC / TheNewswire / September 15, 2016 - Dajin Resources Corp. ("Dajin") (TSX-V: DJI) (OTC: DJIFF) (Frankfurt: A1XF20) is pleased to announce that it has completed the processing and interpretation of the high resolution seismic survey recently carried out at its 100% owned Teels Marsh Lithium brine project located in Mineral County, Nevada.
Eagle Exploration Inc. (based in Michigan), carried out the 12 mile (19 km) seismic survey of the Teels Marsh and Columbia Geophysical, LLC (based in Colorado) completed the processing of the data. Dajin Director, Dr. Mark Coolbaugh, in conjunction with the University of Nevada, Reno, completed the analysis of the data and created an updated structural interpretation of the playa. This data has been used to evaluate drill target depths and locations. The high resolution survey will also provide data to constrain any resource estimate calculated following drilling. A drill program is being organized for later this fall.
Dajin's earlier gravity survey and structural analysis indicated that the playa may be well over 6,500 feet (2,000 metres) deep and the seismic data has confirmed this earlier estimate. Within the playa a number of strong reflectors are present from shallow to deep levels. The nature of these strong reflectors will be confirmed upon drilling. They may indicate interstratified accumulations of volcanic ash with sands, gravels, evaporites and other types of sedimentary deposits. Volcanic ash deposits from Long Valley Caldera (called the Bishop Tuff) are likely to be found in the marsh due to the size of the catchment basin (313 square miles or 812 square kilometers) and its proximity to Long Valley. These ash layers have proven to be productive brine sources in Clayton Valley, where the only North American lithium brine deposit is being mined by Rockwood Lithium Inc. (owned by Albermarle Corp.).
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 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. to explore these claims located 7 miles (12 kilometers) northeast of Rockwood's Clayton Valley Lithium operation.
In Argentina, Dajin holds a 100% interest in concessions or concession applications in Jujuy Province, 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.. Dajin has signed a binding Memorandum of Understanding with Lithium S Corporation ("Lithium S") whereby Lithium S has been granted an option to earn a 51% interest in Dajin's lithium properties in Argentina.
DAJIN RESOURCES CORP.
Brian Findlay, President & CEO
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for the adequacy or accuracy of this release.
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