Dajin Begins Seismic Survey at Teels Marsh
Vancouver, BC / TheNewswire / May 4, 2016 - Dajin Resources Corp. ("Dajin") (TSX-V: DJI) (OTC: DJIFF) (Frankfurt: A1XF20) is pleased to announce that it has completed the selection of a company to carry out a high resolution seismic survey at its 100% owned Teels Marsh Lithium project located in Mineral County, Nevada.
Eagle Exploration Inc. (based in Michigan), has been chosen from four companies considered for the work based on a combination of experience and price to carry out a 12 mile (19 km) seismic survey of the Teels Marsh. Eagle has completed numerous high resolution seismic surveys in their 26 year history of operations throughout the United States. Dajin has also retained the services of Mr. Jerry Schwinkendorf of Columbia Geophysical, LLC (based in Colorado), to provide survey oversite and analysis. Dajin expects the seismic survey to help in well targeting as to depth and location. This high resolution survey will also provide data to constrain any inferred resource estimate calculated following drilling.
An earlier gravity survey and structural analysis suggests that the marsh may be well over 6,500 feet (2,000 metres) deep. In addition, thick accumulations of volcanic ash deposits from Long Valley Caldera (called the Bishop Tuff) are likely to be found in the marsh due to the size of the catchment basin which is 313 square miles (812 square kilometers) in size. These ash layers have proven to be productive brine sources in Clayton Valley, where the only North American lithium brine deposit is being mined by Rockwood Lithium Inc.
The technical information in this press release has been prepared in accordance with the Canadian regulatory requirements of National Instrument 43-101 and has been reviewed and approved on behalf of Dajin Resources Corp. by Dajin Director, Dr. Catherine Hickson, P. Geo, a Qualified Person.
About Dajin: (www.dajin.ca)
Dajin is an early stage energy metals exploration company holding a 100% interest in 265 placer claims known to contain Lithium and Boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 5,282 acres (2,138 hectares), are adjacent to the birth place of US Borax Corp's first borax mine. Dajin also holds 191 placer claims covering 3,851 acres (1,558 hectares) in the Alkali Lake region of Esmeralda County, Nevada. Dajin has entered into an option agreement with Nevada Energy Metals Inc. (TSX-V:BFF) to explore these claims located 7 miles (12 kilometers) northeast of Rockwood's Clayton Valley Lithium operations.
Dajin also holds a 100% interest in concessions or concession applications in Jujuy Province, Argentina that were acquired in regions known to contain brines with Potassium, Lithium and Boron values. These concessions total approximately 93,000 hectares (230,000 acres) and are located in the Salinas Grandes/Guayatayoc salt lakes basin adjacent to concessions held by Orocobre Ltd. (TSX-T:ORL), who is partnered with Toyota Tsusho. In July 2015, Dajin executed an agreement with the Tres Morros Cooperativa for exploration of the San Jose Project consisting of 4,400 hectares (10,873 acres) of mineral concessions (San Jose and Navidad) within the Salinas Grandes salar.
DAJIN RESOURCES CORP.
Brian Findlay, President
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