Dajin Resources Corp. (“Dajin”) holds an option to purchase a 100% interest in fifteen (15) mineral claims covering 1,770 hectares of geological terrains that are prospective for zinc/lead deposits in the Ymir region in the Nelson Mining District of south eastern British Columbia. In addition, Dajin owns a 100% interest in twelve (12) claims totalling 2,155 hectares which are on strike of the Badshot-Reeves Limestone zone to the south and contiguous to the other claims. This zone has hosted several producing zinc/lead mines including the Reeves MacDonald, Jersey and HB.
Key Points:
Politically stable environment
Located near existing infrastructure (hydro, roads & highways)
Access to a skilled workforce
Area has strong mining history as well as numerous past producing mines
Within 50 km’s of Teck Cominco’s smelter in Trail, BC
Development of this region can be carried on year round, due to modified continental climate.
Chief Properties
In 2006 Dajin acquired a 100% interest in 27 mineral claims in the Nelson Mining District – The Oscar Project is comprised of the Oxide deposit and the Jackpot deposit, both zinc/lead prospects where a 15 hole drill program was completed in the fall of 2007.
Zinc/lead mineralization is observed intermittently for more than 2.7 kilometers on Dajin’s claims ranging from its zinc/lead deposit at the Jackpot prospect in the south to the Oxide and Last Chance prospects in the north. Previous drilling on the Jackpot by Cominco Ltd. indicated reserves of 3,000,000 tonnes of 5% combined zinc-lead mineralization” (non-NI 43-101 compliant and therefore of historical interest only and may not be depended on). The New Jersey Zinc Exploration Company (Canada) Ltd., a major mining company that was a previous operator at the Jackpot, reported reserves of approximately 1,000,000 tonnes grading 4.68% combined zinc-lead, inferred reserves of 3,000,000 tonnes and an exploration potential for an additional 10 million tons of mineralization at an unspecified grade. A section through the Jackpot prospect announced by a previous owner, illustrated several layers of mineralization of 9.5% zinc over 10 feet, 4.8% zinc over 25.5 feet and 4.5% zinc over 4.5 feet.
At the Oxide prospect, zinc oxide mineralization occurring in a steeply dipping fault has been the target of exploration by adits, drill holes and trenches by several operators since the late 1940’s. All mineralization to date is oxide in character, but can locally contain zinc grades in excess of 16% over widths in excess of 5 metres. Zinc grades up to 23% have been reported for narrower intersections.
The focus of Dajin’s initial work has been a series of zinc/lead soil samples that are interpreted to be in aggregate as much as 2,000 metres long and as much as 500 metres wide. Numerous zinc values greater than 900 ppm comprise the core of the anomaly. Mineralized boulders recently found along an access road crossing the main anomaly have been assayed with results up to 44% zinc. To the best of Dajin’s knowledge little or no surface exploration has been completed on these anomalies.
In 2006 an access road was constructed on the Oscar deposit in preparation for a trenching and sampling program. The program re-commenced in the summer of 2007, where a 15 hole Diamond Drill program was completed.
Management
Brian Findlay – President & Chief Executive Officer, over 25 years of experience in financing & investment industry, with a strong background in managing, financing and administration of public companies. Brian has participated in the raising of over $100 million in investment capital for a number of junior resource companies.
David M. Jenkins – Director, P.Geo, an MS graduate of the University of Florida. Dave brings over 35 years experience in mining & exploration, Exploration Manager (Central America) Placer Development, Vice President of Triton Mining Corp.
James (Jim) Currie – P.Eng, a mining engineer with more than 28 years experience in the industry. Jim has worked on gold, base metal, coal and industrial metal projects in North and South America, Asia and Africa for such companies as First Quantum Mineral Ltd., Placer Dome Inc., Ivanhoe Mines Ltd. and Miramar Mining Corp. When with Miramar Jim led the team in developing that company’s 10 million ounce gold project at Hope Bay in the Canadian Arctic. Miramar was recently taken over by Newmont Mining Corp. in a (US) $1.5 – billion all-cash transaction.
Donald Mosher – Director, a principal of B & D Capital Partners, Don has over 20 years experience in the financial markets where he has been instrumental in raising capital in numerous public sectors.
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Dajin’s Oscar Project
Share Information
Issued & Outstanding:
Warrants Outstanding:
Stock Exchange:
39,139,154
1,629,500
TSX-V:DJI, Frankfurt:C2U
Contact Information
Mark Carruthers
Corporate Communications
Email : mark@dajin.ca