Companies Team Up on Exploration Data for Lithium, Geothermal Projects

Vancouver, B.C.-based Dajin Resources Corp. last week signed a memorandum of understanding with Reno, Nev.-based Geothermal Development Associates (GDA) to share geothermal data to support their separate operational goals in Nevada.

The exploration data will help Dajin in the development of a Lithium brine extraction facility, while GDA will work on the development of a geothermal plant for electrical generation and the production of direct-use thermal water.

“This relationship will provide Dajin preferential access to green renewable electrical power and thermal energy to power a potential future Lithium brine operation without competition over surface and water rights,” Dajin President Brian Findlay said in an Aug. 23 statement.

According to Dajin, the company has identified near-surface Lithium-bearing brines at the Teels Marsh valley Lithium brine project, and the project has been granted water rights. The basin beneath the playa is up to 8,200 feet deep, Dajin said.

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