Dajin Establishes Association with Provincial Mining Investment Authority 'Jemse', in Argentina
08.03.2013 | The Newswire
Vancouver, BC Canada - March 8, 2013 - Dajin Resources Corp. ("Dajin" or the "Company") (DJI: TSX-V) is pleased to report that the Company held a meeting in San Salvador de Jujuy, Argentina with directors of Jujuy Energia y Mineria Sociedad del Estado ("JEMSE"), the government of Jujuy's mining investment company involved in the development of mining projects in the province of Jujuy. Mr. Cosme M. Beccar Varela, President of Dajin's wholly owned subsidiary Dajin Resources S.A., along with its Project Manager, Horacio Garkus, and Corporate Adviser, Fernando Eleit, met with the President of JEMSE, Mr. Marcos Calachi and other members of his team. The purpose of the meeting was to begin the process of putting together the framework for an ongoing working relationship to advance Dajin's 100% interest in the Salinas Grandes Project in north western Argentina.
JEMSE confirmed that they have entered into associations with two other companies, Orocobre Limited (Sales de Jujuy) and Lithium Americas Corp. (Exxar) for the production of Lithium in the province of Jujuy. Dajin is a Canadian mining company with significant land holdings (approx. 250,000 acres) in the 'Lithium Triangle' that is committed to investing in exploration and development in the province of Jujuy.
The results of the meeting were very constructive and as a result established an association between Dajin and JEMSE for the purpose of conducting mining exploration programs in Jujuy, in search of Lithium, Potassium and Borate. The establishment of a solid working relationship with JEMSE is an important step in the process of conducting exploration and mining activities within Jujuy province and Dajin is pleased to be moving forward.
About Dajin: (www.dajin.ca)
Dajin holds a 100% interest in concessions or concession applications in Jujuy Provinces that were acquired in regions known to contain brines with potassium, lithium and boron values. These concessions total approximately 100,000 hectares, with 80,248 hectares located in the Salinas Grandes / Guayatayoc salt lakes basin. Other potash /lithium/boron companies currently exploring in Jujuy province include Lithium Americas Inc. (LAC: TSX-T) backed by Mitsubishi and Orocobre Limited (ORL: TSX-T) backed by Toyota. When Orocobre reported results from their sampling program on their Salines Grandes concessions in Salta province they announced, "Extensive pit sampling at the Salinas Grandes salar shows the highest average lithium and potassium grades in Argentina and comparable with the Atacama brines."
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