Dajin Resources Corp. Receives Permit for Drilling Teels Marsh Project
Vancouver, March 23, 2017 - Dajin Resources Corp.. ("Dajin") (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) is pleased to announce that it has received the permit (Notice NVN-94695) from the Bureau of Land Management to proceed with drilling and civil works at its 100% owned Teels Marsh project located in Mineral County, Nevada. Dajin's President, Mr. Brian Findlay remarked, "This Notice has been a long time coming but encompasses a significantly different approach to exploration for Lithium brines in Nevada than undertaken by other companies. The Notice includes permission for the drilling of four large diameter wells, potentially to a depth of 4,000 feet (1,200 meters). These wells are intended to follow-up on the excellent surface brine results that Dajin previously announced. The drilling of deep, large-diameter, cased wells with the ability to discharge, is intended to not only measure the concentration of Lithium in the subsurface but to also carry out robust aquifer testing of any Lithium bearing subsurface aquifer(s) that may be encountered during the drilling. The testing volumes proposed for these wells could discharge up to a maximum of 20 acre-feet per well. This testing volume is possible because Dajin holds water rights in Teels Marsh.
During the application process, a number of ancillary permits were acquired by Dajin in order to proceed with its exploration drilling plans. Dajin has temporary permits to change the point of diversion for each of the proposed wells under their base Water Right Permit #85204. Dajin has also received a Special Use Permit from Mineral County for use of heavy equipment on county roads. An agreement to obtain a local source of gravel from private land within the basin has also been completed. Dajin thanks its contractors Welsh Hagen Associates (civil works and permitting), and Capuano Engineering (drilling design), Mahannah & Associates (water rights permitting) and EM Strategies (formerly Enviroscientists; base-line studies), for their help through this process.
About Dajin: (www.dajin.ca)
Dajin is an early stage Lithium exploration company holding a 100% interest in 403 placer claims covering 7,914 acres (3,202 hectares) 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 (11 kilometers) northeast of Albemarle Holding's Silver Peak Lithium brine operation in Clayton Valley.
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 LSC Lithium 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. (click here for information on LSC Lithium Corp.)
ON BEHALF OF THE BOARD OF DIRECTORS For further information please contact:
Brian Findlay Julie Hajduk at 604-609-6151or julie@dajin.ca
President & CEO Head of Corporate Development
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for the adequacy or accuracy of this release.
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