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Dajin Resources Corp (2)
Symbol DJI
Shares Issued 76,454,731
Close 2014-12-17 C$ 0.04
Market Cap C$ 3,058,189
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Dajin collects brine, solids samples from Teels Marsh

2014-12-18 14:43 ET - News Release

An anonymous director reports

DAJIN SHIPS SAMPLES FOR LITHIUM ASSAY FROM TEELS MARSH

Dajin Resources Corp.'s wholly owned subsidiary, Dajin Resources (US) Corp., has delivered to its assay labs in Reno, Nev., the first batch of brine and solids samples from a shallow auger exploration program on Dajin's 100-per-cent-owned Teels Marsh claims, which cover 2,187 hectares (5,405 acres) in Mineral county, Nevada. The samples will be analyzed for lithium, boron, magnesium and potassium, and a further suite of elements that could be of commercial interest.

Work by the U.S. Geological Survey in 1976 identified the presence of lithium concentrations for 127 samples from three areas sampled in and around Teels Marsh. See attached tables.

                                       Lithium
                                       content             Number
                                        (ppm)                  of
Sample description                High   Low   Average    samples

Samples near
springs marginal to playa          850    24    223            47
Seven backhoe pits near springs    580    13    115            50
Playa surface                      560    25     76            30

  FOR REFERENCE: U.S. GEOLOGICAL SURVEY BULLETIN 1622 (1986)

Clayton Valley wells      CV5A           283 parts per million
Highest values           FM116           230 ppm
                         FM133           180 ppm
Average lithium assays                   231 ppm

The current sampling program is designed to confirm the earlier analyses and test the general distribution of the lithium at shallow depths. Success with this work would encourage a further work program to investigate the possible volumes of lithium brines and solids to depth.

The Teels Marsh property is located approximately 50 miles northwest of the Silver Peak mine in Clayton Valley, the only producing brine-based lithium mine operation in North America. The U.S. federal government recently granted funding of over $28-million to the Clayton Valley operations to assist in the expansion of this production.

Lithium news headlines

Tesla Motors Inc. has recently announced that it will construct a gigafactory battery manufacturing facility for the production of lithium ion batteries east of Reno, Nev. These batteries are being produced for the automotive markets (plug-in electric and hybrid systems). Recently, Tesla announced interest in building the much larger battery installations for storing the erratic power production of so-called sustainable power generators such as windmills and solar cells. This is a simple solution for cleaning up the power supplied by typical variations in supply from sources such as wind and sunshine impaired by cloud cover.

Elsewhere on the lithium markets front, Alcoa has announced the start of a lithium-aluminum alloy production facility in Indiana that will produce 20,000 tonnes annually of an alloy that competes favourably with steel in automotive and aerospace applications, allowing the use of a lighter, stronger material that could return substantial fuel savings in both sectors. The initial new market requirement for this metallurgical application of lithium is estimated (using published information describing the percentage of lithium used in the alloys) to be approximately one million pounds annually.

Dajin's management has recently upgraded its website and incorporated new information relating to the company's two major holdings, the Teels Marsh project in Nevada, United States, and the Salinas Grandes project in Jujuy province, Argentina. Visit the company's website often and register for Dajin's Energy Metal Quarterly to keep up to date on its projects and industry-related news.

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