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Tuesday, August 18, 2015

USA, Nevada:

Permits Obtained for More Exploration of Teel Marsh Lithium Resource

Study shows a deep closed basin with potential to retain a large quantity of geothermal fluids


Vancouver based Dajin Resources Corp. reports that the company’s wholly owned subsidiary, Dajin Resources (US) Corp. has received permits for deep geoprobe work at Dajin’s 100% owned Teels Marsh claims, located in Mineral County, Nevada.

The gravity survey completed earlier in the year indicates Teels Marsh is a deep closed basin greater than 8,900 feet (2,700 meter) in depth which indicates the potential to retain a large quantity of geothermal fluids. This exploratory work is to help determine if shallow (less than 200 feet (60 meters)) brine deposits exist and to determine the subsurface properties of the Marsh in preparation for deep drilling.

The geological model for Clayton Valley is a similar fault bounded half graben to that which has been imaged by gravity and magnetics at Teels Marsh. Over time, faulting in these locations has created a deep basin trapping ground water within the sedimentary fill rich in volcanic sediments high in Lithium.

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