Dajin Resources Corp. is an energy metals company with brine based lithium exploration projects strategically located in both South and North America.
The company holds a 100% interest in 403 placer claims totaling 3,202 hectares (7,914 acres) located on a desert playa known as Teels Marsh in Mineral County, Nevada. 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 191 placer claims totaling 1,558 hectares (3,854 acres) in Alkali Lake, Esmeralda County, Nevada, just 11 km from Albemarle's Silver Peak Lithium Brine Mine, North America's only producing brine-based lithium mine.
Dajin also holds mineral concessions totalling 93,000 hectares (230,000 acres) in a salt flat known as Salinas Grandes in Jujuy Province, Argentina. These claims sit within the "Lithium Triangle" which is reported to contain in excess of 80% of the world's supply of lithium. On August 8, 2016, Dajin's wholly owned Argentinian subsidiary, Dajin Resources S. A., signed a binding Memorandum of Understanding ("MOU") with Lithium S Corporation ("Lithium S") whereby Lithium S will be granted an option to earn a 51% interest in Dajin's lithium properties in Argentina. On October 27, 2016, Dajin reported that it has completed the share purchase agreement with Lithium S.