Dajin Resources Corp., Featured in this WSR Corporate Profile

Mar 19, 2018

Dajin Resources Corp., (OTCQB:DJIFF TSX-V:DJI) is an early stage Lithium exploration and development company. Lithium is often seen as the element that will power the future of our energy storage technologies.

from WallStreetResearch.org:

Dajin Resources Corp., (The “Company” or “Dajin”) based in Vancouver, Canada is focused on early stage Lithium exploration and development. Lithium is an essential ingredient used in the production of Lithium ion batteries and is a key component for electric devices, transportation vehicles and is often looked at as the element that will power the future of our energy storage technologies.

Lithium is considered a strategic metal with growing demand. This demand is being driven by the new push for clean technology – with focuses on electric vehicles, energy storage and electronics. Lithium carbonate and Lithium hydroxide are in great demand and are forecast to exceed global supply by 2025 unless Lithium production capacity increases significantly. Lithium extraction from brine sources has gained recent exploration interest, where Lithium carbonate production from brine deposits has proven to be more economical than hard-rock mine deposits. A study done by the UBS Evidence Lab, completed in May of 2017, suggests that there will be a 2,898% rise in Lithium demand use for electric vehicles by 2026. Global demand for Lithium is predicted to increase for many years to come and Dajin is positioned to take advantage of this rising global demand. On February 1, 2017, Bloomberg New Energy Finance reported that it predicts electric busses will take over half the world fleet by 2025 and the number will triple within seven years with the majority of the growth in China.

Dajin seeks strategically located brine based Lithium targets and has projects in the Salar basins of northwestern Argentina, as well as in Nevada, USA. The Company holds a 49% interest in mineral concessions in excess of 230,000 acres (93,000 hectares) in Jujuy Province, Argentina. These claims sit within the “Lithium Triangle”, which consists of Chile, Argentina and Bolivia and is reported to contain in excess of 80% of the world’s supply of lithium – otherwise called “white petroleum”. On October 27th, 2016, Dajin’s wholly owned Argentinian subsidiary, Dajin Resources S. A., signed an earn-in agreement with LSC Lithium (TSX:LSC) who paid $1,000,000 dollars and agreed to spend $2,000,000 to earn a 51% interest in Dajin S.A. Lithium properties while building a significant presence in Argentina. The region also contains Potassium and Boron.

Dajin also holds a 100% interest in 403 placer claims covering 7,914 acres (3,202 hectares) in the Teels Marsh valley of Mineral County, Nevada. The region is a potential brine-based lithium target with confirmed lithium and boron mineralization. Dajin also holds a 100% interest in 278 placer claims covering 5,591 acres (2,262 hectares) in the Alkali Lake Valley of Esmeralda County, Nevada. Dajin’s land is 11 km from Albemarle’s, (an industry leader of Lithium and Lithium derivatives / in the specialty chemicals industry) Silver Peak Lithium Brine mine which is North America’s only producing brine based lithium mine, and Dajin’s project is 3 hours south of Elon Musk’s Gigafactory, just east of Reno. The Companys’ Teels Marsh project has large potential and is significant due to the already identified, near-surface Lithium brines, minimal land fragmentation, granted water rights, drill permitted by the Bureau of Land Management and construction of roads and drill pads is underway. This project has confirmed Lithium potential after surface auger was tested on 74 sample locations. The project also has completed gravity, magnetic and seismic surveys.

The Company is lead by a management team with strong track records and experience in Lithium brine exploration. President and CEO, Brian Findlay, has decades of senior management experience in financing and operations of companies in the mining industry. Dr. Catherine Hickson, PGeo, Director and COO, is an exploration geologist and science manager with global geothermal and technical experience. Dr. Mark Coolbaugh, CPG, Director, is a metals and geothermal geologist with 30 years of global experience. Cosme Beccar Varela, LLB, Director of Dajin Resources S.A. has specialized in Mining Law in Argentina for 25 years. The team has also been involved in several major discoveries in other minerals, taking them to full production for commercial use and sales. Dajin has a Technical Advisory Board made up of professionals with expertise in engineering, drilling, geology, mining and corporate business. With this experienced team in place, and the great locations of the playas, the potential for long term Lithium production is anticipated. The demand for batteries and other uses is increasing rapidly and this places Dajin in a position for potential strong future growth.

On December 6, 2017, the Company received $1.3 million Canadian dollars net proceeds via the conversion of warrants at $.13 cents Canadian per share. The Company has no long term debt.

The Company is well positioned for future growth and development of its properties.

The information presented herein is not to be construed as an offer to sell, nor a solicitation of an offer to purchase, any securities. This corporate profile is not a research report, but a compilation of information available to the public, which has been furnished by the featured company or gathered from other sources, in each case without independent verification, and no representations are made as to he accuracy or validity thereof. The information may include certain forward-looking statements within the meaning of Section 21E of the SEC Act of 1934, which may be affected by unforeseen circumstances or certain risks. Any investments in securities mentioned here contain inherent and significant risks, and are suitable only for speculative oriented investors. Any investments should only be made after consulting an investment professional. The featured company will pay a fee of $2500 in cash to Alan Stone & Company LLC for preparation and distribution of this profile, plus other potential fees associated with various consulting and investor relation services. For complete disclaimer information, the readers are hereby referred to the Disclaimer Page at the www.WallStreetResearch.org website.

Key Investment Highlights

Dajin Resources Corp., listed on TSXV and OTCQB, owns properties in high lithium mineral rich areas including both Mineral County, Nevada and northwestern Argentina within Jujuy Province. It is engaged in the early stage of lithium exploration and development.
Lithium is considered a strategic metal with growing demand, being driven by the new push for clean energy and technology, with focuses on electric vehicles, energy storage and electronics.

Studies show there could be a 2,898 percent rise in Lithium demand for use by electric vehicles, by 2026.

Lithium extraction from brine sources, the mining methods being used by Dajin Resources, has proven to be more economical than extraction from hard rock mine deposits.

Dajin Resources recently announced that high grade Lithium assay results were found at its Argentina site.
The Company’s Teels Marsh project in Nevada has very high potential and is well situated near North America’s only producing brine lithium mine, and is close to Elon Musk’s Tesla® Gigafactory just east of Reno NV.

Dajin Resources has a very strong management team with top geologists and mining executives with impressive credentials.

The Company has a sound balance sheet with recent conversion of $1.3 million in warrants into cash at $.13 Canadian per share ($.11 US).

The Company’s shares were recently listed and began trading on the OTCQB under symbol DJIFF, on January 10th. The Company intends to build its US Shareholder base and plans a series of road shows in US Markets.