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Gold And Copper Drill Results At The Cowtrail


Vancouver, B.C. - March 5, 2012 - Dajin Resources Corp. (“Dajin”) (DJI: TSX-V) is pleased to report results of a seven diamond drill hole program (8,991 ft or 2,740 m) completed on the Cowtrail Project during the last quarter of 2011 to follow up on the results from a previous diamond drill program which reported an 18.3 meters long intersection grading 1.16 g/t gold and 0.043% copper and to investigate anomalies indicated by a reconnaissance Induced Polarization (“IP”) survey.  Contiguous to the Cowtrail Project, Gold Fields Limited holds interests in projects that are to the south and west of Dajin’s claims.  Gold Fields Limited (NYSE: GFI) and Consolidated Woodjam Copper Corp.(WCC: TSX-V) have recently reported an initial resource estimate of 146.5 million tonnes at 0.33% copper for 1.06 billion pounds of copper on their Woodjam Project.

Drill holes 2011-11, 2011-11A and 2011-12 were drilled into IP anomalies near the western edge of the IP grid and each hole encountered anomalous copper and gold or gold mineralization over intervals on the order of 200 meters in length.  Drill hole 2011-12 of the current program intersected 0.11 g/t gold and 0.2% copper over an interval of 38 meters starting at 32.2 meters of depth.  The true thicknesses of these intersections are unknown.  In the case of hole 2011-11 narrow zones of anomalous gold mineralization, containing up to 0.30 g/t occurred discontinuously to the bottom of the hole at 404.85 meters.

The strength of the mineralization appears to increase to the west and northwest of these widely spaced holes.  Dajin plans to initiate a ground geophysical program to the west and northwest of these drill holes to obtain new data where bedrock is masked by glacial till.

Selected intervals are reported in the table below:

HOLE
IDENTIFIER
 
FROM
TO
LENGTH
GOLD
COPPER
 
 
meter
meter
meter
g/t
%
2011-12
 
32.2
70.2
38.0
0.11
0.20
 
 
70.2
214.2
144.0
0.06
0.02
 
Including
70.2
122.2
52.0
0.06
0.04
2011-11
 
199.0
213.0
14.0
0.08
0.02
 
 
339.0
404.9
65.9
0.08
0.01
 
Including
339.0
371.0
32.0
0.10
0.01
 
Including
365.0
371.0
6.0
0.19
0.01
 
 
389.0
404.9
15.9
0.08
0.03
2011-11A
 
77.0
283.0
206.0
0.04
0.04
 
Including
77.0
117.0
40.0
0.02
0.05
 
and
147.0
213.0
66.0
0.05
0.04
 
and
223.0
243.0
20.0
0.05
0.04
 
and
267.0
283.0
16.0
0.06
0.09


The drill core was logged and sampled in the field and the analysis was performed by ACME Analytical Laboratories (Vancouver) Ltd., an ISO certified facility located in Vancouver, B.C., using the fire assay technique for gold and multi element (I.C.P.) geochemical procedures for other elements using a 30 gram aliquot.  Dajin used a comprehensive QA/QC program incorporating certified standards, blanks, field duplicates and preparation duplicates to demonstrate the adequacy of the analytical data provided by ACME.

Brian Findlay, President of Dajin Resources Corp., comments the long intercepts of anomalous gold, copper and other base metals in the very widely spaced drill holes continues to suggest potential for economic mineralization at the Cowtrail project.

About Dajin: (www.dajin.ca)

Dajin is currently waiting on drill results from the 2011 drill program on the Addie 1 property which is on the north side of the west arm of Quesnel Lake in the British Columbia Cariboo Mining District. Dajin owns a 100% interest in 29 mineral claims with a 1,500 meter long, linear gold in soils anomaly adjacent to Spanish Mountain Gold Ltd.’s (SPA: TSX-V) Spanish Mountain gold discovery.  Dajin also owns a 100% interest in 48 mineral claims in the Addie 2 property which is located south of Quesnel Lake and adjacent to the Frasergold deposit.

Dajin owns a 65% interest in 32 certain mineral claims and 100% interest in 20 additional minerals claims which make up  the Cowtrail Property where Dajin has intersected 1.16 g/t gold and 0.043% copper mineralization over 60.0 feet (18.3 meters).  The Cowtrail Property is contiguous to Consolidated Woodjam Copper Corp’s (WCC: TSX-V) Woodjam Copper-Gold project which has been optioned by Gold Fields Limited (NYSE: GFI) with a commitment by Gold Fields to spend up to $40 million to earn a 70% interest in the project.  An initial resource estimate on their Woodjam Project has recently been reported by Gold Fields of 146.5 million tonnes at 0.33% copper (1.06 billion pounds of copper).

Dajin holds a 100% interest in concessions or concession applications in Salta and Jujuy Provinces that were acquired in regions known to contain brines with potassium, lithium and boron values.  These lands total approximately 100,000 hectares, with 80,248 hectares located in the Salinas Grandes / Guayatayoc salt lakes basin.  Other potash /lithium/boron companies currently exploring in Jujuy province include Lithium Americas Inc. (LAC: TSX-T) backed by Mitsubishi and Orocobre Limited (ORL: TSX-T) backed by Toyota.  Orocobre previously sampled it’s concessions and  announced, “Extensive pit sampling at the Salinas Grandes salar shows the highest average lithium and potassium grades in Argentina and comparable with Atacama brines.”

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:

Brian Findlay or Dave Jenkins  
Phone:  604-681-6151 
Email:  brian@dajin.ca  

Rich Kaiser - Investor Relations
Phone :   800-631-8127
Email:  rich@yesinternational.com

 

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