Dajin Permitted for Direct Push Drilling at Gabbs Valley

December 6, 2016 – Vancouver, BC – Dajin Resources Corp. (TSXV:DJI) (OTCMKTS: DJIFF) (Germany: C2U1) is pleased to report that it has received approval from the Nevada Bureau of Land Management of its Notice of Intent application to undertake direct-push (“DP”) drilling in Gabbs Valley, Mineral County, Nevada.
Dajin has retained Pediment Gold LLC., of Sparks, Nevada to carry out the exploration program. The DP sampling method is unlike conventional drilling in that the technique uses direct downward force coupled with a high frequency hammer. One and a half inch (3.8 cm) diameter hollow steel tubes are pushed into the playa to obtain fluid and sediment samples. The permit provides for the DP drilling of nine exploratory holes up to 200 feet (60 meters) deep (click here for proposed sites of DP drilling).
This exploratory work is designed to determine if shallow brine deposits exist and assess the subsurface properties of the marsh in preparation for possible additional deep drilling. Fluids will be collected and analyzed for a suite of solutes and elements, including Boron and Lithium.
The 690 placer claims staked at Gabbs Valley cover 13,800 acres (5,600 hectares) in the lower-elevation western portion of Gabbs Valley, where a playa (salar) with surface salt and mud flats occurs. The playa is considered to be a viable prospect for sub-surface lithium brines for the following reasons: 1) it is a deep, closed basin in a dry, desert environment, 2) geothermal activity is known to occur on all sides of the playa, including the south end where the operating Don Campbell geothermal power plant is located, 3) potential lithium source rocks are found throughout much of the catchment basin, and 4) the catchment basin covers an area of 1,270 mi2 (3,295 km2 ; twice the size of Clayton Valley). Lithium concentrations of up to 720 ppm in sediments have been publicly reported in Gabbs Valley, but have not been verified by Dajin. These concentrations are considered to be a favourable indicator of the possible occurrence of Lithium-bearing brines, which will be sought by Dajin as it carries out its sampling program.
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 Directors, Dr. Catherine Hickson, P. Geo and Dr. Mark Coolbaugh, CPG, the Qualified Persons.
About Dajin: (www.dajin.ca)
Dajin is an early stage Lithium exploration company holding a 100% interest in 294 placer claims known to contain Lithium and Boron values in the Teels Marsh region of Mineral County, Nevada. These claims cover 5,853 acres (2,369 hectares) and are adjacent to the birth place of US Borax Corp’s first borax mine. Dajin also holds a 100% interest in 191 placer claims covering 3,851 acres (1,558 hectares) in the Alkali Lake region of Esmeralda County, Nevada, located 7 miles (12 kilometers) northeast of Albemarle’s Clayton Valley Lithium brine operation and a 100% interest in the recently acquired 690 placer claims covering 13,800 acres (5,600 hectares) in Gabbs Valley located in Mineral County, Nevada.
Dajin, through Dajin Resources S.A. (Argentina), holds 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 exceed 93,000 hectares (230,000 acres) and are primarily located in the Salinas Grandes/Guayatayoc salt lakes basin. Dajin Resources S.A. has partnered with Lithium S Corporation who will expend $2,000,000 on Dajin’s concessions to earn a 51% interest while building a significant presence in Argentina (click here for info on Lithium S).
Read the full press release.
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