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HeliosX Lithium & Technologies Profile

Within the Cariboo Mining District Dajin holds, southeast of Skygold Ventures Ltd. (TSX-V: SKV) recent gold discovery, a 100% interest in 28 Addie 1 mineral claims in Spanish Lake region where an airborne survey was flown in July 2007 and a 100% interest in 20 Addie 2 mineral claims in the Eureka Peak region where an airborne survey was conducted August 2007.

In May 2007 Dajin entered into an option agreement with Hawthorne Gold Corp. (TSX-V: HGC) whereby, upon the expenditure of $500,000 over a three year period, Hawthorne shall earn a 70% interest in 18 mineral claims. The mineral claims are centered on Eureka Peak and the Eureka Peak syncline. Two styles of gold mineralization are known within this portion of the syncline. Historical drilling results indicated the presence of the 360,000 oz FRASERGOLD deposit which is hosted within phyllitic sediments and is located on the eastern limb of the syncline. Eureka Peak gold-sulphide mineralization is found closer to the core of the fold, near the base of volcanics that overlay the sediments. Similar deposits within the Orogenic Gold model range in size up to multi-million ounces and include such noted examples as McRaes Flat (New Zealand) and Sukhoi Log (Russia).

Dajin has the right to earn a 65% interest in 32 Cowtrail mineral claims where a seven hole drill program was completed in the summer of 2007 to explore for a copper/gold porphyry system similar to that at the Mount Polley Mine which is owned by Imperial Metals Corporation (TSX: III).

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.

Last changed at 18-May-2022 11:55AM by AGORACOM