Dajin Releases Seismic Interpretation of Teels Marsh, Nevada
Suite 450-789 West Pender Street Telephone: (604) 681-6151
Vancouver, BC V6C 1H2 Fax: (604) 689-7654
www.dajin.ca Email: [email protected]
PRESS RELEASE
DAJIN RELEASES SEISMIC INTERPRETATION OF TEELS MARSH, NEVADA
March 16, 2017 - Vancouver, BC - Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany:
C2U1) is pleased to release the seismic interpretation report, with maps and cross sections, for its Teels Marsh
property in Mineral County, Nevada. (See link below)
Dajin Director, Dr. Mark Coolbaugh in collaboration with researchers at the Nevada Bureau of Mines and
Geology (NBMG), at the University of Nevada (“UNR”), Reno prepared the report. UNR’s involvement was
made possible by a grant to the Nevada Bureau of Mines and Geology at UNR from Dajin Resources (US)
Corp. The report completed the analysis of the high resolution reflection seismic data and updated the
structural interpretation of the playa. These data have also been used to refine well targeting as to depth and
location, and will provide constraints for interpreting aquifer distributions following drilling.
The results confirm that the sedimentary basin at Teels Marsh is up to 8,200 feet (2,500 metres) in depth. The
seismic sections reveal a number of strong reflectors that are variable in strength with depth but can be traced
laterally for significant distances. The exact nature of these strong reflectors cannot be confirmed until drilled,
but their presence verifies the stratified nature of the basin fill deposits. Many of the reflectors are likely to
correspond to accumulations of volcanic ash and/or gravels or other types of sedimentary deposits. Ash
deposits from Long Valley Caldera (called the Bishop Tuff) are likely to be found in the marsh due to the size
of the catchment basin (313 mi2 or 812 km2 in size) and its proximity to Long Valley. These ash layers have
proven to be productive brine sources in Clayton Valley, where the Silver Peak Lithium brine mine is located
and operated by Albemarle Corporation.
As stated in the seismic report, “The basin is bounded by normal faults that accommodated development of a
composite northwest-tilted half-graben elongate in a N20E to N30E direction and approximately 7 km (4.3
miles) long and 1 to 2.4 km (0.6 to 1.5 miles) wide. Greater displacements along normal faults that form the
northwestern margin of the basin led to the development of a northwest-tilted half-graben. The half-graben is
filled with generally unconsolidated sediments dipping northwesterly to westerly with dips progressively
increasing from 0° near the surface to as much as 25° at 2 km (6,560 f eet) depth. Due to the consistent
northwesterly to westerly dip of sediments, the deepest portion of any given sedimentary layer will generally
lie northwest of the central axis of the graben, but southeast of the primary bounding graben faults on the
northwest.”
This detailed analysis significantly expands the size of the basin filling deposits by showing that basin fill
extends farther north-westward under surface gravel deposits. For this reason Dajin recently increased its
claim size early this year by staking an additional 66 placer claims , bringing the total to 403 placer claims
covering 7,914 acres (3,202 hectares) . Dajin awaits approval from the Bureau of Land Management of a
“Notice of Intent” which is required prior to commencing a drill program. Dajin has been granted the water
right to the Teels Marsh by the Nevada Division of Water Resources and water permits for drilling have
already been received.
To view a copy of the report “Interpretation of the Seismic Reflection Survey at Teels Marsh, Mineral County,
Nevada” please click here.
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 Coolb augh, CPG, the
Qualified Persons.
About Dajin: (www.dajin.ca)
Dajin is an early stage Lithium exploration company holding a 100% interest in the aforementioned placer
claims in the Teels Marsh region of Mineral County, Nevada. These claims are known to contain Lithium
and Boron values 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 reg ion of
Esmeralda County, Nevada, located 7 miles (1 1 kilometers) northeast of Albemarle’s Silver Peak Lithium
brine operation in Clayton Valley.
Dajin, through Dajin Resources S.A. (“Dajin S.A.”), 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 S.A. is partnered with LSC Lithium Corporation who has agreed
to spend $2,000,000 to earn a 51% interest in Dajin S.A.’s Lithium properties while building a significant
presence in Argentina. (click here for information on LSC Lithium Corporation)
DAJIN RESOURCES CORP.
Brian Findlay, President
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.