Dajin Resources Expands Deep Lithium Brine Target at Teels Marsh
Vancouver, February 7, 2017 - Dajin Resources Corp. ("Dajin") (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) is pleased to report that it has increased its claim block holdings at the Teels Marsh project located in Mineral County, Nevada to cover an expanded deep Lithium brine target. An additional 66 placer claims have been staked bringing the total land position to 403 placer claims covering 7,914 acres (3,202 hectares). The expanded target area was identified from structural analysis of Dajin's seismic reflection survey. The seismic profiles reveal that the deeper portion of the sedimentary basin extends approximately 1 mile (1.5 km) farther to the northwest than is evident at the surface, encompassing an additional area of 2 square miles (5 km2). As brines tend to sink due to their greater density relative to fresh water, this newly defined deep northwest portion of the basin is especially prospective for the potential accumulation of Lithium brines.
The additional claims acquired by Dajin also protect its Lithium brine deposit from potential fragmentation by other developers seeking to acquire a footprint in the valley. The large land base will enable Dajin to expedite the development of the project as it moves forward on the infrastructure work. Dajin recently met with Federal and State agencies to discuss all aspects of the permitting process required to initiate the Teels Marsh drill program.
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, the Qualified Persons.
About Dajin: (www.dajin.ca)
Dajin is an early stage Lithium exploration company holding a 100% interest in the aforementioned placer claims in the Teels Marsh region of Mineral County, Nevada. These claims are known to contain Lithium and Boron values and are adjacent to the birth place of US Borax Corp's first borax mine. Dajin also holds a 100% interest in 191 placer claims covering 3,851 acres (1,558 hectares) in the Alkali Lake region of Esmeralda County, Nevada, located 7 miles (12 kilometers) northeast of Albemarle's Clayton Valley Lithium brine operation.
Dajin, through Dajin Resources S.A. ("Dajin S.A."), holds 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 exceed 93,000 hectares (230,000 acres) and are primarily located in the Salinas Grandes/Guayatayoc salt lakes basin. Dajin S.A. is partnered with Lithium S Corp. who has agreed to spend $2,000,000 to earn a 51% interest in Dajin S.A.'s Lithium properties while building a significant presence in Argentina. Lithium S Corp. is planning to go public on the TSX Venture Exchange at the end of February, 2017.
DAJIN RESOURCES CORP.
Brian Findlay, President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
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