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Dajin Resources Corp (2)
Symbol DJI
Shares Issued 103,245,731
Close 2015-11-09 C$ 0.11
Market Cap C$ 11,357,030
Recent Sedar+ Documents

Dajin intersects high-conductivity brines at Teels

2015-11-10 07:13 ET - News Release

Mr. Brian Findlay reports

DAJIN RECEIVES GEOPROBE RESULTS FROM TEELS MARSH

Dajin Resources Corp.'s wholly owned subsidiary, Dajin Resources (U.S.) Corp., has received initial geochemical results from its Geoprobe program at Dajin's 100-per-cent-owned Teels Marsh placer claims, located in Mineral county, Nevada.

Dajin retained Pediment Gold LLC, of Sparks, Nev., to carry out the exploration work on Teels Marsh. This preliminary exploration program was designed to recover cores of playa sediments and test for the presence of near-surface brine deposits (less than 200 feet (60 metres)). This work will aid in the defining subsurface properties of the marsh in preparation for deep drilling.

High-conductivity brines were intersected between surface and 195 feet (59 metres). Initial analysis of cores indicates the potential for commercially important lithium concentrations. Analytical work is being carried out by Western Environmental Testing Laboratories, Sparks, Nev. This lab is currently being used by the Clayton Valley production unit. In an effort to determine the mineral species that contains the lithium and boron, X-ray diffraction analysis of the sediments was carried out by the geothermal research group, University of Utah, in Salt Lake City. Quantities of smectite clay (of which hectorite (a lithium-bearing clay) is a possible constituent) were found in the samples, along with searlesite (a boron lithium mineral). Interpretation of the results is under way, and additional samples are being analyzed.

The Teels Marsh property is located approximately 50 miles (80 kilometres) northwest of the lithium production unit of Rockwood Lithium Inc., currently the only producing brine-based lithium mine in operation in North America. The Teels Marsh geological model is similar to Clayton Valley. Over time, faulting in these locations has created a deep basin, trapping groundwater within the sedimentary fill, which contains lithium-rich volcanic sediments. Teels Marsh is also the site of an active geothermal system, similar to Clayton Valley, Alkali Lake and other valleys with known lithium concentrations. Based on analysis of Dajin's gravity data and these new geochemical results, Dajin has staked an additional 65 placer claims, increasing its claims to 215, comprising 4,574 acres (1,851 hectares).

The technical information in this news 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 the Dajin by Dr. Catherine Hickson, PGeo, a qualified person.

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