Dajin Establishes Association with Provincial Mining Investment Authority 'Jemse', in Argentina
March 08 2013 - 1:19PM
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Vancouver, BC Canada- March 8, 2013 - Dajin Resources Corp.
("Dajin" or the "Company") (DJI: TSX-V) is pleased to report that
the Company held a meeting in San Salvador de Jujuy, Argentina with
directors of Jujuy Energia y Mineria Sociedad del Estado ("JEMSE"),
the government of Jujuy's mining investment company involved in the
development of mining projects in the province of Jujuy. Mr. Cosme
M. Beccar Varela, President of Dajin's wholly owned subsidiary
Dajin Resources S.A., along with its Project Manager, Horacio
Garkus, and Corporate Adviser, Fernando Eleit, met with the
President of JEMSE, Mr. Marcos Calachi and other members of his
team. The purpose of the meeting was to begin the process of
putting together the framework for an ongoing working relationship
to advance Dajin's 100% interest in the Salinas Grandes Project in
north western Argentina. JEMSE confirmed that they have entered
into associations with two other companies, Orocobre Limited (Sales
de Jujuy) and Lithium Americas Corp. (Exxar) for the production of
Lithium in the province of Jujuy. Dajin is a Canadian mining
company with significant land holdings (approx. 250,000 acres) in
the 'Lithium Triangle' that is committed to investing in
exploration and development in the province of Jujuy. The results
of the meeting were very constructive and as a result established
an association between Dajin and JEMSE for the purpose of
conducting mining exploration programs in Jujuy, in search of
Lithium, Potassium and Borate. The establishment of a solid working
relationship with JEMSE is an important step in the process of
conducting exploration and mining activities within Jujuy province
and Dajin is pleased to be moving forward. About Dajin:
(www.dajin.ca) Dajin holds a 100% interest in concessions or
concession applications in Jujuy Provinces that were acquired in
regions known to contain brines with potassium, lithium and boron
values. These concessions total approximately 100,000 hectares,
with 80,248 hectares located in the Salinas Grandes / Guayatayoc
salt lakes basin. Other potash /lithium/boron companies currently
exploring in Jujuy province include Lithium Americas Inc. (LAC:
TSX-T) backed by Mitsubishi and Orocobre Limited (ORL: TSX-T)
backed by Toyota. When Orocobre reported results from their
sampling program on their Salines Grandes concessions in Salta
province they announced, "Extensive pit sampling at the Salinas
Grandes salar shows the highest average lithium and potassium
grades in Argentina and comparable with the Atacama brines." The
TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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