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What Does a Good Lithium Assay Look Like?

Dr. Catherine Hickson, world renowned volcanologist and director of Dajin Resources, provides some insight to Investing News Network…

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Dajin Resources Corp is an energy metals company with brine based lithium exploration projects strategically located in both North and South America.

The company holds a 100% interest in 265 placer claims totaling 2,138 hectares (5,282 acres) located on a desert playa known as Teels Marsh in Mineral County, Nevada, USA. This is a potential brine-based lithium target. Exploration activities since early 2015 have included: a gravity survey, a 9-hole Geoprobe survey, a structural analysis and most recently, a seismic survey carried out during May-June 2016.

The company also holds a 100% interest in 191 placer claims totaling 1,558 hectares (3,851 acres) in Alkali Lake, Esmeralda County, Nevada, just 12 km (7.5 mi) from Rockwood Lithium Mine, North America’s only producing brine-based lithium mine.

Dajin holds a 100% interest in 25 mineral concessions totaling 93,000 hectares (230,000 acres) in Jujuy Province, northwest Argentina. These claims include the Salinas Grandes and Guyayatoyoc salt lake basins that lie within the “Lithium Triangle”, reported to contain in excess of 80% of the world’s supply of lithium.

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About Lithium

Lithium is the lightest, and least dense of all the metals on Earth, two of several reasons it is the most common material used for batteries. Lithium consumption for batteries made up ~35% of global end use in 2015, surpassing ceramics and glass (~32%) for the first time (USGS, 2016). Demand for lithium in batteries continues to grow for use in the energy storage, electric vehicle, and electronics markets.

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