Dajin Resources Corp. (TSXV:DJI) President & CEO Brian Findlay posted an update for its shareholders, reporting that financing in excess of $1.2 million was completed, and information about its newly acquired lithium target, Teels Marsh, which is located in proximity to Tesla Motors’ Gigafactory in Nevada.

As quoted in the press release:

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.

Click here to read the Dajin Resources Corp. (TSXV:DJI) press release

acquisition brian findlay dajin resources dajin resources corp.financing gigafactory lithium mine nevada production of lithium rockwood lithium Company News