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DJIFF JV partner about to start drilling...

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BatterUp88   Wednesday, 08/01/18 05:25:11 PM
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DJIFF JV partner about to start drilling...

The value here could be HUGE if they continue as expected. GL all.

Exploration
In 2016, Dajin signed an earn in agreement with LSC Lithium Corp. As per the agreement LSC is the operator for Dajin S.A. On November 11, 2017 Dajin S.A. received the exploration permits for the San Jose/Navidad minas, part of Dajin S.A.’s Salinas Grandes land package. Exploration was carried out in late December on a portion of the minas and the results were released February 28, 2018. Twenty five (25) shallow brine samples were taken from an area of 550 hectares (5.5 km2) in the northwestern corner of the 4,300 hectare (43 km2) San Jose/Navidad minas. Concentrations range from 281 mg/l to 1,353 mg/l, averaging 591 mg/l Lithium. Of the analysis taken, 60% of assays returned greater than 500mg/l Lithium and 16% were greater than 800mg/l Lithium. The highest value was 1,353 mg/l. This sampling program will be followed up with geophysical surveys to generate a subsurface target and thereafter drilling later in 2018.

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