D2 Lithium Corp (DTWOF)

[TradingCharts]

Teels Marsh valley, Mineral County, Nevada, USA
Dajin Lithium (US) Corp. has 100% ownership of 403 placer claims covering 7,914 acres (3,202 hectares) of the Teels Marsh area. This area of the Teels Marsh was extensively prospected by the well-known prospector, “Borax” Smith. In 1867, Smith began processing borax and salt deposits. This property eventually became part of the early history of the giant borax producer, U.S. Borax Inc., a wholly owned subsidiary of one of the world’s largest mining companies, Rio Tinto PLC.

With the recognition of Lithium and Boron in the Teels Marsh brines, it was concluded that these brines were formed by the evaporation of water leaching from volcanic ash, originating from the the super eruption of nearby Long Valley Caldera, California. This is the same ash fall environment that contributed to the Lithium brines of the nearby Clayton Valley/ Silver Peak operations of Albemarle Corporation, which is the sole Lithium producer in the USA. Historical reporting of the Teels Marsh property, by the US Geological Survey (OFR: 76-567) indicates Lithium concentrations in the Teels Marsh playa brines of up to 850ppm. A report by the Clay Minerals society in 1981 analyzed 17 interstitial brine samples at Teels Marsh, which contained concentrations of Boron ranging from 214 to 893ppm.

http://dajin.ca/en/projects