Dajin Resources Completes Drill Pads and Access Roads at Teels Marsh Lithium Brine Project
Vancouver, August 17, 2018 - Dajin Resources Corp. ("Dajin") (TSX-V: DJI) (OTCQB: DJIFF) (Germany: C2U1) management is pleased to report that Dajin's engineers, Welsh Hagen Associates, Inc. located in Reno, Nevada, have completed the construction of access roads and drill pads at Dajin's 100% owned, Teels Marsh Lithium brine project in Mineral County, Nevada. Welsh Hagen provided the design, prepared the BLM Notice of Intent and construction services for Dajin. Construction equipment was supplied by Tipton Trucking of Mina, Mineral County, Nevada, Coan Equipment and MB America both of Reno, Nevada. The drill pads and roads were constructed to ensure that large-diameter, deep drilling can take place under all weather conditions in the Teels Marsh valley. During construction, the integrity of the engineered roads and pads was tested during two flash flood events that washed out local county roads, but left Dajin's structures unaffected. Dajin's exploration approach is significantly different than what other companies have undertaken in Nevada. The drill pads are designed to support a four (4) hole large-diameter drill program to test for the presence of Lithium-bearing aquifers to depth. Preparations for drilling these wells are now underway. These wells are intended to follow-up on the favorable surface lithium brine results that Dajin previously announced on June 9, 2016. For photos of the drill pads and roads click here.
The drilling of deep, large-diameter, cased wells with the ability to discharge will make it possible to not only measure the concentration of Lithium brine in the subsurface aquifers but to also carry out the flow testing of any Lithium bearing subsurface aquifers that may be encountered during the drilling. As a result of Dajin holding water rights in Teels Marsh valley and being permitted under the Nevada Division of Water Resources (State Engineer), the pump-test volumes proposed for these wells are not limited by AB 52 Chapter 507 regulations codified under NRS 534B which are administered by the Nevada Division of Minerals.
The technical information in this press release has been prepared in accordance with the Canadian regulatory requirements set out in 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:
In the United States Dajin holds a 100% interest in 403 placer claims covering 7,914 acres (3,202 hectares) in the Teels Marsh valley of Mineral County, Nevada. Construction of drill pads and roads has been completed in anticipation of commencing a drill program later in the year. 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 278 placer claims covering 5,591 acres (2,262 hectares) in the Alkali Lake valley of Esmeralda County, Nevada, located 7 miles (11 kilometers) northeast of Albemarle'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 Lithium, Potassium, and Boron values and is partnered with LSC Lithium Corp.. These concessions exceed 93,000 hectares (230,000 acres) and are primarily located in Salinas Grandes and Guayatayoc salt lake basins. In February 2018, Dajin announced the results of 25 shallow brine samples covering an area of 550 hectares (5.5 km2) in the northwestern corner of the 4,300-hectare (43 km2) San Jose and Navidad minas. Concentrations ranged from 281 mg/l to 1,353 mg/l, averaging 591 mg/l Lithium. A drill program for the San Jose and Navidad minas is currently being organized.
ON BEHALF OF DAJIN'S BOARD OF DIRECTORS
Brian Findlay
President & CEO
For further information please contact Dajin:
Brian Findlay, President & CEO
604-609-6151 or info@dajin.ca
Suite 450-789 West Pender Street
Vancouver, BC V6C 1H2
www.dajin.ca
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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