Dajin Completes Structural Study of Teels Marsh, Nevada
TSX VENTURE: DJI
January 21, 2016 / TheNewswire / Vancouver, BC - Dajin Resources Corp. ("Dajin") (TSX-V: DJI) (OTC: DJIFF) (Frankfurt: A1XF20) is pleased to report that Dr. Mark Coolbaugh has completed a preliminary structural study on Teels Marsh.
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. (Click to see figures. [Please remember to refresh your browser to see updated material]).
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 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 215 placer claims known to contain lithium and boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 4,574 acres (1,851 hectares), was the birth place of US Borax Corp's first borax mine. Dajin has entered into an option agreement with Southern Sun Minerals Inc. (TSX-V: SSI) to explore their 191 placer claims covering 3,851 acres (1,558 hectares) in the Alkali Lake region of Esmeralda County, Nevada, 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 100,000 hectares (247,000 acres) with 80,248 hectares (198,000 acres) located in the Salinas Grandes/Guayatayoc salt lakes basin adjacent to concessions held by Orocobre Limited (ORL-T: TSX), who is partnered with Toyota Tsusho. Dajin recently completed an agreement with the Tres Morres community for exploration of the 4,400 hectare (10,873 acres) San Jose and Navidad concessions within the Salinas Grandes salar.
On Behalf of the Board of Directors
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