🕐09.11.11 - 20:54 Uhr
NEWS OUT (GOLD):DJI.V/DJIFF.OTC-DAJIN RESOURCES- DRILLING COWTAIL PROPERTY
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DJI.V/DJIFF.OTC
Dajin Resources Corp.
Gold / Copper Targets Drilled At Cowtrail
Vancouver, B.C.
- November 9, 2011 - Dajin Resources Corp.
("Dajin") (DJI-V)
reports that it has commenced a 6 hole - 2400 meter diamond drill program at
Dajins Cowtrail gold / copper porphyry project located north of Horsefly in
the Cariboo Mining District of south central British Columbia.
This location
is within the mineral deposit prolific Quesnel Trough approximately midway
between the Mount Polley copper / gold mine to the northwest and Gold Field
Limiteds advanced copper / gold porphyry project to the south.
The 6 NQ2 gauge (2.0" diameter) diamond drill holes will follow-up a gold /
copper intersection (1.16 g/t gold and 0.043% copper over 18.3 meters)
obtained by Dajin in an earlier drill program at the Cowtrail and will test
additional I.P.
anomalies identified in a survey Dajin completed in 2008.
About Dajin: (www.dajin.ca)
Dajin is currently drilling on the Addie 1 property in the British Columbia
Cariboo Mining District, on the north side of the west arm of Quesnel Lake,
where Dajin owns a 100% interest in 29 mineral claims with a 1,500 meter
long, linear gold in soils anomaly adjacent to Spanish Mountain Gold Ltd.s
(SPA-V) Spanish Mountain gold discovery.
The Company also owns a 100%
interest in the Addie 2 property comprising of 48 mineral claims south of
Quesnel Lake, and adjacent to the Frasergold deposit.
Dajin has an option agreement with Cariboo Rose Resources Ltd.
(CRB-V)
whereby Dajin can earn a 65% interest in the Cowtrail Property where the
Company intersected 1.16 g/t gold and copper mineralization over 60.0 feet
(18.3 meters).
The Cowtrail Property is adjacent to the Fjordland/Cariboo
Rose copper gold joint venture which has been optioned by Gold Fields
Limited with a commitment to spend $40 million to earn a 70% interest in the
project.
Dajin holds a 100% interest in concessions or concession applications in
Salta and Jujuy Provinces that were acquired in regions known to contain
brines with potassium, lithium and boron values.
These lands total
approximately 100,000 hectares, with 80,248 hectares located in the Salinas
Grandes / Guayatayoc salt lakes basin.
Other potash /lithium companies
currently exploring in Jujuy province include Orocobre Limited (ORL: TSX-T)
and Lithium Americas Inc.
(LAC: TSX-T).
David Jenkins, P.Geo, a qualified person as defined by NI 43-101, has
approved the technical content of this press release.
For further information please contact:
Brian Findlay or Dave Jenkins Don Mosher or Rich Kaiser - Investor Relations
Phone: 604-681-151 Phone: 604-638-3166 Phone : 800-631-8127
Email: Email: Email:
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