Dajin Resources fka DJI

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Hawthorne news may reflect on Dajin.
Here's the start of that news:

"VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 29, 2009 -- Hawthorne Gold Corp. ("Hawthorne" or the "Company") (CDNX:HGC.V - News)(Other OTC:HWTHF.PK - News) has entered into an amending option agreement ("Amended Agreement"), subject to regulatory approval, to acquire a mineral claim from Bob Bourdon ("Bourdon"), that is located in the historic Cariboo Gold Mining District of central British Columbia. This property is located between the Hawthorne-optioned Frasergold Property owned by Eureka Resources Inc. and the Hawthorne-optioned Dajin Resources Inc. property. The mineral claim optioned from Bourdon falls within a two kilometer 'Area-of-Interest' clause and is an expansion of the original optioned Frasergold Property..."

Dajin has mentioned, in the past, Frazergold possibilities. Besides being next to this news as part of a JV, Dajin still has more claims "down the line".

Could we be finally seeing better SP than .05?

g.p.

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Up on no news, best volume in months. After hitting .025, recently, it looks like perhaps, a buyer is getting in the 'action'. Dajin closed at .065 (H.065, L .05) with still a relatively strong bid at .05.
There is nothing new, here. Last financial promises about the same strategy of waiting.
Two neighbors need to be watched: Skygold (SKV) and Hawthorne (HGC). HGC is also a JV partner with DJI.
g.p.

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Under .04 CDN, Dajin is worth watching. While neighbors have held to their recent gains, at least in part, DJI continues to struggle. Their negative cash position (only debt, as far as I can see,) does not help as any work will require some sort of fund raising. Not that good of a prospect at these price. Dajin's claims do have very good value and recuperation in the price of some commodities would help too.
Due diligence!!!
g.p.

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Still floundering around .05. Changes: neighbors have started to regain a small part of their share price, one, in particular, had a good find, just a few days ago.
Dajin hasn't moved but looking at Level 2, tonight, the support at .04 to .05 has doubled while the ask to .075 remains fairly thin.
Not an invitation to buy, your DD is required, but might be worth watching, early next week.
g.p.

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OK, we may be coming out of this depression. Canadian Juniors are still at ot close to year-low levels.
I like Dajin's chances to recuperate. Have a look at this:
http://www.youtube.com/DajinResourcesCorp and see what it's all about.
g.p.

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Rock bottom was .095 CDN. Today's news lets us preview a much better future from now on. Volume was low but Dajin gained .03 to close at .15.
Just read this latest news and judge for yourself:
''2008-09-04 14:33 ET - News Release

Mr. Brian Findlay reports

BEN AINSWORTH, P.ENG. B.C., APPOINTED DIRECTOR

Ben Ainsworth, MA (Oxon), PEng, has agreed to accept the position of director of Dajin Resources Corp. He earned an honours degree in geology at Oxford in 1962 and was with Placer Development for 21 years, having held assignments as chief geochemist, exploration manager -- Eastern Canada, exploration manager -- Chile, president -- Placer Chile S.A. de C.V. In Chile and Western Canada, Placer worked mainly on bulk tonnage mineral projects such as the porphyry-class copper-molybdenum deposits.

"The board of Dajin is very excited to have Ben join the team," reports Brian Findlay, president of Dajin. "Ben's experience and professional qualifications will greatly add to the future development of Dajin."

He joined Placer in 1965 after working in base metal exploration in Eire and completing service as a development geologist with the Ghana Geological Survey in West Africa. From 1968 to 1978, his principal specialty area of work related to the application and research of geochemistry for mineral exploration. He carried out extensive exploration work in British Columbia and the Yukon, which lead to the discovery, in 1972, of the world-class Howards Pass lead-zinc deposit, by the application of exploration geochemistry.

In 1986, he and a partner formed the consulting firm of Ainsworth-Jenkins Holdings Inc. The first years of practice focused on gold and silver in Nevada, and northern tier states in Mexico, drawing on the experience gained from working on similar projects for Placer. The consultancy undertook the design and implementation of the reactivation of the Huckleberry porphyry copper-gold project financed by New Canamin Resources Ltd. in the period 1992 to 1994. The project became a successful mining operation and was subsequently placed into production by Princeton Mines in 1997.

The consultancy was also responsible for the concept, design and implementation of the 1995 exploration program that lead to the discovery of the first reported marine alluvial diamonds in the territorial waters of Sierra Leone, West Africa.

In the period 1995 to 1997, Mr. Ainsworth was consultant to Columbia Yukon Exploration Ltd., Consolidated Venturex Holdings Ltd. and BHR-Buffalo Head Resources, and served on the boards of those companies. He managed their broad spectrum exploration campaign on more than one million acres of claims in Labrador, following the Voisey's Bay nickel discovery. This work located a significant discovery of nickel-copper-cobalt on claim block 1506, north of Voisey's Bay, and an exhalative gold deposit on claim block 785 to the south of Voisey's Bay.

Mr. Ainsworth served on the B.C. and Yukon Chamber of Mines (BCYCM) focus group for the task force on sustainable development, and is an active correspondent in the movement to keep Crown lands open to multiple resource use. Between 1988 and 2002 he assisted as a member of the technical liaison committee, which gives inputs to the Geological Survey Branch of the Ministry of Mines of B.C. to help keep programs relevant to the needs of the mining industry.

Recent projects he has been involved with include a large uranium discovery by Hathor Exploration Ltd. (TSX-V: HAT) in the Athabasca basin, gold and molybdenum-tungsten exploration in B.C., porphyry-related, copper-gold and calcium borate exploration in Sonora, Mexico, diamond exploration in Sierra Leone and the NWT of Canada, and industrial minerals in B.C.

In 1972, he qualified and registered as a professional engineer in the Province of B.C. and acts as a qualified person under the definition used in National Instrument 43-101, a regulatory instrument of the Toronto Stock Exchange. He is a Canadian citizen by naturalization....''

Looks like Dajin is getting serious about its claims. Watch this one. Do your DD, of course.

g.p.

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Talk about tanking! Dajin has reached rock bottom (more than 52-week low at this point,) but many in the area are at a similar depressed situation.
Some positive notes: Labs will not be late like last year when promised results were often six months late. Because of the low share price for so many, juniors are not looking at major private placements for money. The last Dajin PP is only up to a maximum of $256K (1.8 million shares), enough to proceed with the Summer work schedule and not enough to cause major dilution. With Skygold and Hawthorne doing work adjacent to Dajin's claims, we could see a change of fortune within a couple months.
Your DD, of course....
g.p.

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Jackpot results are in. Care to have a look? Constant high zinc content. One very high silver find (658g/t)
I'm posting the full release. You be the judge.

2008-04-07 18:23 ET - News Release

Mr. Brian Findlay reports

DAJIN REPORTS SILVER ZINC LEAD RESULTS AT JACKPOT

Dajin Resources Corp. has released assay results from its 100-per-cent-owned Jackpot and Hunter V prospects at the Oscar project located in southeastern British Columbia. The Jackpot prospect is one of several zinc, lead and silver deposits known in the Kootenay Arc belt of similar deposits, several of which have been mined by major companies such as Placer Dome and Teck Cominco Ltd.

Dajin's drilling penetrated multiple zones of mineralization similar to those encountered in historical drilling on the prospect and, in addition, found what are believed to be previously unknown mineralized zones. Notably, holes JP-07-05 and JP-07-07 encountered new mineralization in a previously unexplored region. Hole JP-07-07 was sited as a 1,200-foot step-out hole to the south and east of drill holes JP-07-1B, JP-07-02 and JP-07-03. This hole encountered what can be interpreted as five separate zones of zinc mineralization. Drill hole JP-07-05 was sited as a step-out hole from the Hunter V prospect located west-southwest of the Jackpot prospect and was designed as a test for silver mineralization. The Hunter V prospect is a skarn deposit that was previously mined for smelter silica flux and for the three to four ounces of silver contained in the siliceous skarn. The hole drilled here encountered a narrow interval containing 658 grams per tonne of silver and a previously unreported 12.0-foot-thick interval containing 3.3 per cent zinc mineralization.


DRILL RESULTS
Total
Drill hole depth
No. (ft) Zone From (ft) To (ft) Length (ft) Zn% Pb% Ag (g/t)

JP 07 - 1 B 517 A 82.34 105.00 22.66 1.04 0.05 1.5
including 91.00 97.70 6.10 2.37 0.09 3.1
B 208.00 219.50 11.50 1.75 0.07 1.5
C 288.40 330.80 42.40 1.31 0.44 3.8
including 324.20 327.00 2.80 2.40 3.60 16.7

JP 07 - 02 287 A 9.30 19.20 9.90 0.40 0.02 0.9
B 43.00 50.40 7.40 5.83 0.06 3.2

JP 07 - 03 375 A 29.50 32.00 2.00 8.80 0.21 5.9
B 105.50 112.00 6.50 2.55 0.16 3.9
C 153.35 162.40 9.05 4.39 0.18 3.1

JP 07 - 05 736 A 123.75 124.50 0.75 1.54 0.59 658.0
B 290.40 311.30 20.90 1.96 0.15 2.3
including 290.40 302.40 12.00 3.30 0.07 2.3
including 290.40 297.75 7.35 3.86 0.07 2.1

JP 07 - 07 858 A 128.40 139.00 10.60 0.31 0.01 1.1
B 613.35 623.00 9.65 1.80 0.09 2.5
C 648.00 650.00 2.00 0.59 0.26 6.1
D 688.00 724.65 36.65 2.76 0.14 3.9
including 688.00 694.00 6.00 5.40 0.02 3.6
and 708.00 718.65 10.65 5.73 0.41 7.1
E 773.00 778.00 5.00 3.87 0.74 26.3
F 800.00 800.50 0.50 3.94 0.77 32.5


The diamond drill program was designed by Dajin to provide initial confirmation of historical drilling results reported from programs completed over several decades by New Jersey Zinc Co. and Teck Cominco and to locate additional mineralized zones of zinc, lead and silver mineralization. Said historical programs generated a database used by New Jersey Zinc and Teck Cominco to estimate historical and non-National Instrument 43-101-compliant resources of three to four million tons of zinc mineralization at the Jackpot prospect.

The Oscar project is the beneficiary of robust local infrastructure, including access by high-speed logging roads leading to the project's location five to 10 kilometres from the highway (No. 6). Electrical power exists alongside the highway where the villages of Salmo and Ymir are located in the near vicinity of the Oscar project. The city of Nelson, 30 kilometres to the north, is the source of most of the supplies needed to support Dajin's exploration work. The project is approximately 50 kilometres by paved road from the zinc smelter at Trail, B.C.

These drill results clearly confirm the presence of widespread zinc mineralization similar in grade to that mined from a number of mines in the region. Due to the structural complexity of the region being drilled, Dajin cannot at this time correlate mineralized zones between the drill holes or confidently determine true widths of the sulphide mineralization in each mineralized zone.

With the high zinc prices that are projected to continue into at least the intermediate future, zinc mineralization with the characteristic simple metallurgy common to Kootenay Arc deposits is very attractive. Mineralization available by low-cost adit entry and very close to not only the requisite infrastructure but also to smelting capacity is particularly attractive. The fact that a deposit of this nature can be quickly explored by drilling to only relatively shallow depths is an additional bonus.

Quality control and assurance

A rigorous quality-control-and-assurance program (QC/QA) is in place, including systematic inclusion of standard sample materials. Samples are sent in security-sealed sacks to Loring Laboratories Ltd. in Calgary, Alta. The control samples and duplicate assay results received for the drilling program demonstrated to Dajin that the assay results reported herein are reliable.

David M. Jenkins, PGeo, vice-president, exploration, is designated as the qualified person for the Oscar project.

eo NR. Watch the market reaction today. g.p.

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Without a news release of the work done at the Jackpot claims,
Dajin is taking a beating. Trading around .20, DJI will need to raise some funds relatively soon, imo.
Pictures of samples at Jackpot looked impressive. I'm surprised nothing has been issued about this yet. The labs have caught up with their backlogs now.
Let's hope news will come next week. Dajin is worth much more than it shows, right now.
(Discl: as this is a major investment for me, Do Your Due Diligence. www.dajin.ca would be a start.)
g.p.

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To tie-in with DJI's latest news, have a look at the NBF (National Bank Financial) analyst review of Spanish Mountain in British Columbia (Skygold):

http://www.wildroseresources.com/i/pdf/Nat_Bank_Span_Mtn.pdf

g.p.

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News, finally. Not bad at all!
This first news about Addie II, is promising. It's adjoining their JV with Hawthorne (HGC could have results soon too,) and it means results are finally starting to come in. The labs backup of about 4 months was not good for those juniors in B.C.
DJI didn't move that much but note the closing B/A.
Here's part of that NR dated today:

''...
During Dajin's 2007 exploration season an airborne geophysical survey by Aeroquest International Ltd, geological mapping and an extensive soil sampling program were completed over 20 square kilometers in a gold prospective region previously identified from the results from Dajin's 2006 stream sediment and soil sampling programs. During 2007, Dajin's exploration crew collected 4,635 samples at a 25m spacing along 35 lines spaced 100m apart. The samples were forwarded to Acme Analytical Laboratory for analysis. Results from the soil sampling program have outlined regions where soils are anomalous in gold or arsenic, which is commonly a gold indicator element. On the western side of the Addie 2 an anomalous region was identified were gold in soils ranges from 156 ppb to 343 ppb. On the eastern part of Addie 2 an anomalous area was found were gold in soil ranges as high as 3,653 ppb, the equivalent to gold in rock grade of 3.6 gpt. Several additional gold anomalous regions are also present on the property. To view Geochemical maps click on the link (http://dajin.ca/property-maps.html).

Based on the encouraging results Dajin received from its 2007 geochemical and geophysical exploration programs a trenching and drilling program for the 2008 exploration program on the Addie 2 property is planned. A permit for trenching and diamond drilling within the anomalous areas has been received.

Dajin's Addie 2 property is located in the Quesnel Trough, an area known for its sedimentary rock hosted gold deposits such as those currently being explored for by Hawthorne Gold Corp. and Skygold Ventures Ltd....''

g.p.

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Still waiting for official results. A shame it takes so long.
Dajin is slipping badly; today, 1000 sold at .205.
Lack of news really hurting.
Holding, nevertheless, as this has real potential.
Do your DD...
g.p.

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A couple of large blocks at .315 went for sale,these last two days. Looks like we may not get official lab results until the New Year and next week is last week for Income tax.
Could still be some bargains yet. To watch...
g.p.

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You noticed the .32 bargain sale on DJI? I heard,but can't confirm, that one seller was ready to sell close to 250 thousand shares at that price. Seems the sale is over as DJI is climbing back. We're due for a lab result soon.
(Looking at the .32 trades, the seller was from a single Broker. That's as close as I can verify.)
Due Diligence; This is a major investment for me.
g.p.

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It works. Notice the color (zinc-lead claims)
This hole had depth and thickness, in other words, this type of drilled core was not over just a few feet!
repeated link: http://img410.imageshack.us/img410/8184/003lj9.jpg
All these claims are NOT in remote areas.
g.p.

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Testing: a photo of last hole drilled at Jackpot:
http://img410.imageshack.us/img410/8184/003lj9.jpg
Not very good at this so I'll post and try it.
g.p.

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I know, I know, I'm the only one posting here.
This is one of my larger investments so YOUR DUE DILIGENCE is essential.
Dajin is still at the .35 - .40 range. Recent work at their zinc claims(Jackpot,in particular), has shown core assais that could show more than the 5% zinc-lead of previous older assais.
A lucky break while creating a path, may increase the reserve tonnage.
Needless to say,I'm maintaining a good long holding base on DJI.
Results should start coming in early to mid December.
IMO, a good buy under .40
g.p.

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Profit taking? Dajin closed at .415 after a strong opening up to .445, down to .37.
News today of a private Placement of 1 million units at .50.
Each unit gives one flow-through share and one half-warrant.
A full warrant to buy a regular share at .75.
The closing was on an up-note. This one will be interesting for a while yet.
g.p.

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Pictures of drilling cores have made DJI climb to .48,today, closing at .43.
The climb will likely not stop there.
Compare where it was just a few weeks ago...
g.p.

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Dajin Resources is very active, this year, compared to the past two years. Drilling at Cowtrail, Jackpot and Oxide is moving along well. Rumors must be starting as DJI reached .35 today. Number of trades and volume are much higher than usual, signaling a wider interest in this little gem.
Checking in Frankfurt (C2U), there are still only quotes but it's fairly in line with the TSX.V.
.35is about a 40% gain in a week.
I expect much more...
g.p.

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Not just gold. The Oxide and Jackpot claims are presently being drilled. Trying to prove the inferred millions of tonnes of about 5% zinc-lead deposits. (Southern British Columbia)
Plus gold getting expensive ($770), I'm not surprised to see this one moving up.
Check it out! May not be too late...
g.p.

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Still in the .22-.27 range but with results coming in like: Skygold and Wildrose JV results (different from past year or so,) and Hawthorne Gold money commitment around Eureka Peak,
DJI looks promising.
g.p.

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With all that turmoil in the market, even the junior resources feel the effect. The TSX-Vancouver (or ventures, if you prefer.) was down about 10%,yesterday alone!
Dajin traded mostly at .25 today.One of the bargains around.
Mentioned before that DJI is one of my main investments.
DJI is close to its 52-week low. Worth a good look-see, imo.
g.p.

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So, it wasn't it. Dajin trades around .30. Summer is slow, so much work done in BC that there's even shortage of crew or equipment BUT work is progressing. SKV, WRS, HGC all will report on progress and Dajin is starting to get AddieII's results. DJI should update on this this month especially since Dajin is trading also in Frankfurt.
News:DAJIN COMMENCES TRADING ON FRANKFURT EXCHANGE - SYMBOL "C2U"

The shares of Dajin Resources Corp. have been listed with the Deutsche Borse Group on the Frankfurt Stock Exchange (FSE) in Germany under the symbol C2U. The listing will facilitate recent interest in Dajin by European investors who have expressed an interest in Dajin's British Columbia gold, copper and zinc/lead mining projects."
g.p.

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This could be it. Dajin gained over 5 cents,yesterday and volume picked up nicely. I heard some neighbors could announce good results soon. Skygold and Wildrose have made good gains too andtheir current work is next to Addie I(a DJI claim area.)
News could also come from unexpected source... watch!
(A major investmnet of mine. Your DD!!!!)
g.p.

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Dajin's still in the .30-.35 range, yet,
Hawthorne, since my last post, got hold of the Bob Bourdon's claims(between theDJI and EUK jv claims) and recently announced a $5M+ private placement, the funds mostly tagged to work these Frasergold claims. The PP was at $1.60 per unit. HGC closed at $1.65. Both Skygold and Wildrose (SKV, WRS,) are gaining as their work around Spanish Mountain continues. Dajin itself, should report soon on the recent aerial survey at Jackpot and Oxide claims and define their work schedule there.
All good reasons to watch DJI.
Due diligence| (Disclosure: Long on DJI, SKV.)
g.p.

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An interesting afterthought to the JV with HGC: Hawthorne only has the eastern half of Addie II. I'm told the western half might be extremely valuable...
Closing at .37 at the ask. IMO, it could still be a good buy around .35.
Holding+,
g.p.

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News out today. Not necessarily as great as expected, but sufficient to move Dajin above .30(close.35).
Hawthorne Gold (HGC) has a JV agreement with DJI for the Cariboo claims (east Eureka mountain) to earn 70%. The money isn't that great, compared with the EUK JV, but is enough to stir interest.
There should be other news before long.
g.p.

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Start of survey work.
Dajin announced yesterday aerial survey work to start in June at Addie I and II. Especially interesting is the work on the Western part of Addie II. That's the Eureka Peak claims where just east of Dajin's claim, Hawthorne bought in a Joint Venture with Eureka Res and must spend hundreds of thousands to earn a percentage in the EUK claims. HGC would know what they were doing. I remind you that EUK more than doubled and HGC too,since becoming public,a month ago.
Dajin's been inthe mid-twenties for the major part of the last two years. This could be it, this time.
g.p.

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Dajin's recent news:
"2007-05-04 19:14 ET - News Release

Mr. Brian Findlay reports

MARK CARRUTHERS APPOINTED HEAD OF CORPORATE COMMUNICATIONS

Dajin Resources Corp. is retaining Mark Carruthers to manage corporate communications for the company. Mr. Carruthers has extensive experience in the junior resource market where he has raised investment capital to assist in the development of numerous exploration/mining projects, having worked with company management to develop a marketing program to increase shareholders awareness of the potential of a company. ..."

ALSO: options to employees at.30 for 5 years.

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Dajin should start work on its own soon. IMO, that could explain the last hour gain, today. I'm told to expect good news relatively soon.
Don't forget, there is always the Eureka/Hawthorne JV. Once Hawthorne becomes public, work will start next door.
g.p.

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Hawthorne Gold should become public in about 2 weeks. Hawthorne will then start work at Eureka peak... on those EUK claims, next to Dajin.
g.p.

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With Hawthorne/Eureka scheduled for some spring work next to some Dajin claims, it may be time for a second look at this sleeper.
Watch next week and decide...
(...as for me, already a shareholder.)
g.p.

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When EUK (Eureka pk area claims) signed a multimillion JV with Hawthorne Gold, EUK shares just about tripled.
Today, Hawthorne Gold is just one step away from becoming a public company.
Eureka's claims are just east of Dajin's claims in the same area. Dajin's claims cover an area about 5X that of EUK.
A look at the maps should be convincing.
DJI last PP was at a higher price per unit (.27) than the current price (close .24).
IMO, a sleeper,for now, and a buy at these prices. Due Dil....
g.p.

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With the recent addition of the Falcon claims, Dajin's holdings:

"Upon completion of this transaction Dajin will hold a 100% interest in 29 mineral claims covering 10,900 hectares in the Spanish Mountain region, a 100% interest in 38 mineral claims covering 26,200 hectares in the Eureka Peak region and holds a joint venture agreement with Cariboo Rose Resources Ltd. (CRB-V) whereby Dajin has the right to earn a 65% interest in 32 mineral claims in the Horsefly region covering 4,600 hectares in the Cariboo Mining District in south central British Columbia. In the Nelson Mining District Dajin holds a 100% interest in 22 mineral claims covering 3,530 hectares in the Ymir region 35 kilometers northeast of the Trail smelter, in southeastern British Columbia."

Check also EUK.V; This one I like.(DD!! I own shares of DJI.)

g.p.