🕐18.10.10 - 15:27 Uhr
NEWS OUT(GOLD/LITHIUM):DJI.TSXV/DJIFF.OTC-DAJIN RESOURCES-GOLD SAMPLING RESULTS
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DAJIN SOIL SAMPLING PROGRAM IDENTIFIES GOLD
ANOMALIES ON ADDIE 1 CLAIMS
Vancouver, B.C.
October 18, 2010 - Dajin Resources Corp.
(Dajin) (DJI:
TSX-V) is pleased to report that the sampling phase of a geochemical soil
sampling program was recently completed on the Addie 1 claims which are
located in the Cariboo Mining District in south central British Columbia.
Dajin holds a 100% interest in 29 mineral claims covering 10,904 hectares
which are south east and along strike of the stratigraphy and regional
structure that host an estimated 3.9 million ounces of NI 43-101 compliant
gold resource at the Spanish Mountain gold discovery owned by Spanish
Mountain Ltd.
(SPA: TXS-V).
Spanish Mountain is expecting additional drill
hole assay results by the end of October.
The analytical data generated by the 2009 and 2010 soil sampling programs
produced a number of gold geochemical anomalies.
The two most prominent of
which trend west to northwest with interpreted lengths of 1100 and 1600
meters within the sampled area and commonly consist of elevated (>20 ppb)
gold values along 100 meters to 400 meters of individual sample lines
oriented north to south.
Some of the samples contain gold on the order of
500 ppb or greater to a maximum of 750 ppb.
Gold analyses above 100 ppb are
common in the set of anomalous samples.
No natural exposure of the gold
mineralization producing these anomalies is known.
The scale of the
anomalies and their distribution along the trend of regional stratigraphy
are suggestive of disseminated or sediment hosted gold mineralization.
In
addition to the more prominent anomalies the geochemical sampling programs
produced several linear anomalies that are one to two samples wide and
hundreds of meters long.
The narrow widths and linear character of the
latter anomalies are suggestive of gold mineralization located in near
vertical veins.
The 2010 sampling program was a follow up to infill between the 500 meter
spaced lines which provided encouraging results from the 2009 Dajin soil
sampling program.
The 2009 analytical data indicated the presence of new
anomalous gold region on the claims.
The 2010 sampling program consisted of
approximately 900 samples collected at 25 metre intervals along lines spaced
at 100 metre intervals and located between the widely spaced lines of the
earlier program.
The samples were sent to ACME Analytical Laboratories Ltd.
for analysis.
The analytical protocols are the same for both the 2009 and
2010 samples.
The soil samples acquired in the programs were analyzed for
gold using nominal 30 gram sample aliquots and wet chemical assay techniques
at ACME Laboratories.
Arsenic and other indicator elements were analyzed
using a 0.5 gram sample aliquot and conventional ICP geochemical analysis
techniques which also gave a second gold analytical value for each sample.
The samples that contain clearly anomalous quantities of gold in some cases
also contain elevated quantities of arsenic, molybdenum, lead, selenium and
antimony.
Dajin holds a 100% interest in boron/potash/lithium concessions in the
provinces of Salta and Jujuy in northwestern Argentina.
The principal
properties in the Salar de Salinas Grandes and Guyatayoc salt lake basin
cover approximately 83,000 hectares or 200,500 acres.
A contract has been
signed for an initial deep drilling program on these properties.
Drilling is
expected to start as soon as the rig mobilization is completed.
In the Cariboo Mining District of British Columbia Dajin owns a 100%
interest in 38 mineral claims adjacent to the Frasergold deposit, owns a
100% interest in 29 mineral claims in the Spanish Mountain region adjacent
to the Spanish Mountain Ltd.
(SPA: TXS-V) gold discovery and holds a joint
venture agreement with Cariboo Rose Resources Ltd.
(CRB: TSX-V) whereby
Dajin can earn a 65% interest in the Cowtrail Property which is adjacent to
the Fjordland/Cariboo Rose copper gold joint venture which was recently
optioned by Gold Fields Limited with a $19 million work commitment over the
next seven years.
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:
DAJIN RESOURCES CORP.
Brian Findlay or Dave Jenkins Don Mosher
Phone: 604-681-6151 Phone: 604-638-3166
E-mail: E-mail:
Rich Kaiser
Investor Relations
800-631-8127
Outside North America #001-757-306-6090
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