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Dajin Resources Corp (TSXV:DJI,OTC:DJIFF) released assay results from its sediment sampling program at its Alkali Lake project in Nevada. The program confirmed the presence of near surface lithium in all 14 sediment samples, with values ranging between 73 and 382 ppm.
As quoted in the press release:
There were eight widely spaced locations sampled and fourteen sediment samples submitted for analysis. The program confirmed the presence of near surface lithium in all fourteen samples ranging from a low value 73 ppm to the high value of 382 ppm. There were two assays that returned lithium values greater than 300 ppm and seven assays with values greater than 90 ppm.
Upon completion of the analysis and interpretation of the sampling program, Dajin is planning to carry out further ground based geophysical and sampling surveys in order to better define the depth and size of the aquifers within the Alkali Lake basin and their Lithium concentrations.
Alkali Lake consists of 138 placer claims covering an area of 2,811 acres (1,138 hectares). The property is located approximately 7 miles (12 km) northeast of Rockwood Lithium’s Clayton Valley lithium operation, the only producing brine based lithium mine in operation in North America. The Rockwood Lithium operation was recently acquired by Albemarle Corp., the world’s largest producer of lithium products, as part of a $6.2 billion transaction.
Like Clayton Valley, Alkali Lake is a classic, fault bounded closed basin where evaporation exceeds precipitation. Alkali Lake is in a known geothermal area and contains volcanic rocks with high lithium values. Just as with circulating basin waters, deep fluids, particularly hot ones associated with the geothermal resource, dissolve rocks, liberating boron, lithium and other elements such as sodium and chloride. These minerals are brought to the surface as springs emanating from the faults bounding the playa. The location of a closed basin in an arid environment with a geothermal system and plentiful sources of Lithium suggest that Alkali Lake may host significant Lithium rich brines.
Click here to read the Dajin Resources Corp (TSXV:DJI,OTC:DJIFF) press release
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