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Dajin Resources Completes Structural Study of Teels Marsh, Nevada
Dajin Resources Corp. (TSXV:DJI,OTCMKTS:DJIFF) announced that Dr. Mark Coolbaugh has completed a preliminary structural study on Teels Marsh.
Dajin Resources Corp. (TSXV:DJI,OTCMKTS:DJIFF) announced that Dr. Mark Coolbaugh has completed a preliminary structural study on Teels Marsh.
As quoted in the press release:
Dajin retained the services of Reno, Nevada-based geothermal and mineral exploration geologist, Dr. Mark Coolbaugh, to carry out a structural and stratigraphic analysis of Teels Marsh. Dr. Coolbaugh used gravity, magnetic and geochemical data already collected, to develop a new structural model of the basin. The structural study also identified drill targets to test favourable aquifers that may contain Lithium-rich brines.
The analysis reveals that Teels Marsh has a large catchment basin 313 square miles (812 square kilometers) in area and is bounded by faults. The basin is also tectonically active. Thick accumulations of ash deposits known as “Bishop Tuff” are likely to occur beneath the marsh as the marsh occupies a closed basin and is located east of nearby Mono Lake and Long Valley Caldera (source of the Bishop Tuff), and other ash producing volcanic centres. These ash layers have proven to be the most productive brine sources in Clayton Valley, where the only North American lithium brine deposit is being mined by Rockwood Lithium Inc.
This structural model features a fault-bounded, northeast-trending graben 4.0 miles (6.5-km)-long and 0.6 to 1.5 miles (1 to 2.4 km)- wide with an estimated maximum depth (to consolidated bedrock) of greater than 6,500 feet (2,000 m) near the center of the basin beneath the playa. This graben is part of a structural pull-apart block in a subsiding extensional basin near the western end of the active Excelsior Mountain sinistral/normal fault zone. The graben occupies a broader, roughly circular-shaped basin 3.7 miles (6 km) in diameter. These studies are being used to refine the layout of a seismic survey and for determining exploration well locations. Permitting for these future exploration activities is currently underway.
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