Dajin Resources Corp.: Letter from the President
![Dajin Resources Corp.: Letter from the President](https://www.minenportal.de/media/goldseiten-news.jpg)
Dear Dajin Shareholders,
Although the exploration and mining sector continues to experience challenging times, I am pleased to report through confident investor support, Dajin has completed a financing in excess of $1.2 million. With the support of our investors, we are now gaining traction on our 100% owned and controlled lithium exploration projects.
Our directors, Ben Ainsworth and Cathie Hickson have been working together to further the development of our Dajin operations in South America. Ben and Cathie, through their network of affiliates are compiling an exploration team for developing our concessions in Argentina. Cathie has vast experience in liaising with the indigenous people in foreign countries where she understands and respects their values and needs. Her prior experience will assist us greatly in providing a smooth cohesive working relationship with the locals. Dajin's Argentina office is managed by Cosme Beccar Varela, who has extensive experience as a mining lawyer and dealings with political authorities. His personal relationships with government agencies, judges and the business community will greatly assist Dajin in making headway. Dajin continues to negotiate with landowners and is actively pursuing new opportunities in Argentina to expand holdings.
Our newly acquired lithium target, Teels Marsh, located in Mineral County, Nevada is cause for excitement. A month prior to our acquisition Tesla Motors Inc. announced "Mining Friendly" Nevada as home to their new "Gigafactory" facility designed for the production of lithium-ion batteries; one of the heavier components to the new electric vehicle is the lithium battery. It only makes sense to build a battery manufacturing plant close to the source of supply of lithium.
Located approximately 50 miles southeast of the Teels Marsh in Clayton Valley is the Silver Peak Mine, owned by Rockwood Lithium. This mine is the only producing brine based lithium mine operation in North America.
Teels Marsh has a strong mining history dating back to the 1870's.
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This was the birthplace of the famous 20 Mule Team who pulled massive wagons hauling borax 165 miles through Death Valley.
Lithium is in increasing demand and is now one of the most sought after commodities in the world. Hybrid and plug-in electric cars are adding to that demand. On the cutting edge of technology, Tesla, has in good faith, made available all of their patents to auto manufacturers world-wide. Society requires rechargeable batteries in everyday basics from cell phones to laptops to cameras as well as new tech toys like the drone. Elon Musk, CEO of Tesla Motors is quoted saying "Given that annual new vehicle production is approaching 100 million per year and the global fleet is approximately 2 billion cars, it is impossible for Tesla to build electric cars fast enough to address the carbon crisis." On another note of increasing demand for lithium, Alcoa, an aluminum producer recently announced a billion dollar aluminum/lithium contract with Boeing. The contract is to supply Boeing with frame parts to further lighten and strengthen their future commercial jet liners.
Dajin is positioned in the energy metals industry which is on the forefront of new technology. How lucky we are to be living in a time that we can take advantage of this opportunity. Lithium is a strategically necessary component that contributes to the technology for an energy efficient future.
Dajin is a mid-term investment opportunity compared to many other investments. With an exceptionally high demand for lithium there appears to be a rewarding market developing.
With our recently completed funding and restructuring, we have been grooming Dajin for the 21st century. Dajin's new website www.dajin.ca is designed to reflect the new focus of your company.
Thank you for your continued support.
Respectfully,
Brian Findlay
Brian Findlay, President & CEO
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