A Lithium Exploration Company Investor...

Investor Presentation

August 2017

DJI:TSX-Venture

DJIFF:OTC Markets

C2U1:Germany

www.dajin.ca

A Lithium Exploration Company

A Lithium exploration company

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information is not intended to be a comprehensive review of all matters and developments concerning Dajin

Resources Corp. All information is offered on a "best intentions" basis. No securities commission or other

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including without limitation, statements regarding exploration results, future plans and objectives of Dajin

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information available on such sites.

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Lithium Future and Dajin

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Dajin is a Lithium brine exploration company.

• Advanced stage Lithium brine exploration projects in Nevada

and Argentina. www.dajin.ca

• Early entry in the sector with significant land position.

• Nevada water rights, the important permit for mine

development in Nevada, are granted for Teels Marsh and in

process for Alkali Lake.

• Strategic partnership with LSC Lithium. www.lsclithium.com

• “State of the Art” Lithium brine extraction plant in Argentina

designed by Enirgi Group using “DXP Technology” with results

expected in mid 2017. www.enirgi.com


Lithium Future

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• Expanding growth in Lithium market globally.

“The new gasoline” - Goldman Sachs.

“An Increasingly Precious Metal” - The Economist.

Increased consumption and uses.

• Demand is currently outstripping supply in the short term.

Room for new exploration and development companies.

• North America’s Lithium Hub is centered on Nevada, a mining friendly

state.

• New industrial capacity to use Lithium globally and in Nevada.

Tesla’s (Elon Musk) battery Gigafactory near Sparks, Nevada.

• South America’s Lithium Triangle has significant growth potential,

particularly in Argentina.

• Lithium extraction from brine is lowest cost process.

Brine projects in Nevada and Argentina under development.

• New technologies have faster processing and decreased

environmental footprint.


Lithium Future

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These four companies account for 86% of global lithium production:

- 31% (40%) from China’s Tianqi Group

- 22% (26%) from Chemical & Mining Co. of Chile (SQM)

- 20% (20%) from Albemarle Corporation (NYSE:ALB)

- 13% (12%) from FMC Corporation (NYSE:FMC)

Another 13% of production comes from a variety of Chinese producers.

That means that there is only 1% of production coming from outside

these five sources none of whom offer investors a pure play on lithium

production.

Tesla’s Nevada gigafactory is reliant on Panasonic to produce the

battery cells. Panasonic uses non US based sources. Tesla needs US

based sources in order to continue to reinforce its “green footprint”.

(Dec. 2016 https://ceo.ca/@Leni/the-lithium-supply-and-demand-story)


Uses of Lithium

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Not just car batteries….

Lithium-Ion Battery for

motorcycles and bikes

Power walls and large

scale power storage

Lithium ceramics and glass products

Lithium Aluminum alloy

Only in 2016 did market share for

batteries exceeded ceramic/glass use

Grease and drilling muds


Lithium – Location and Chemistry

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New technologies coming online that:

• Create high purity products in a few days,

• Eliminate the need for evaporation ponds (saves up to 2 years processing time),

• Re-inject the spent brine and are much more environmentally friendly,

• Example is Enirgi Group’s DXP Technology being commissioned in Salar del Rincon,

Argentina with initial results expected mid 2017.

Conceptual drawing of Enirgi Group’s

proprietary “state of the art” Direct Extraction

Process Technology ("DXP Technology")


Lithium – Production Cost and Price

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• Brines - cheaper to produce from than “hard rock” Lithium sources.

• Accelerating market prices; new production has been slow to come on-line.

• As yet, Lithium recycling is not economic. Lithium-ion batteries in EV vehicles

can last anywhere from “5 to 20 years depending on many factors” (ACS 2013).


Lithium – Megafactories

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• Capacity of the Lithium cell/battery plants listed above expected to triple by 2020.

• China has reported there are as many as 14 mega and gigafactories being constructed.

• A large quantity of lithium (LCE) goes into each fully electric vehicle battery (about 21.4

kilograms or 47 pounds per car).

• Accelerating market consumption, with new production slow to come on-line.

(From SRK October 2016)

Approx. current world production of

which 60% is currently non battery

use.


Who is Dajin?

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Dajin Advantages

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• People: Management with a strong track

record and experience in Lithium brine

exploration as well as been involved in major

discoveries in other commodities with

experience taking exploration discoveries to

production.

• Stocks and Public relations: Committed to

getting our message out to the investment

community.

• Properties: High quality Lithium exploration

targets of significant size.

• Locations: Advantageously located within

Nevada’s Lithium Hub and South America’s

Lithium Triangle.

• Brines: Resource is brine based; mined at

substantially lower cost than hard rock

deposits.

• Water Rights: Teels Marsh

project - water rights have

been granted.

• Large footprint on playa

surfaces.


Dajin Board

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• People: Management with a strong track record and experience in Lithium

brine exploration as well as been involved in major discoveries in other

commodities with experience taking exploration discoveries to production.

Brian Findlay

President &

CEO

Dr. Catherine

Hickson

COO

BOARD OF DIRECTORS

Dr. Mark

Coolbaugh

Exploration

Cosme

Beccar Varela

Dajin S.A.

TECHNICAL BOARD

Dr. Fernando

Munoz

Social Licence

Dr. Mark

King

Hydrogeologist

Dr. Betty Coira

Tectonics

Dick Benoit

Drilling &

Geochemistry

Roberto Page

Corporate & Mining


• Shares issued & outstanding: 137m

• Market cap: $13.7M

• Recent price $0.10/share

• Warrants: 13.0m

• $0.17 - expire April 2018

• $0.25 - expire Oct. 2018

• Incentive Stock Options: 6.3m

• $0.05 - $0.16/share

• Insider ownership (~10%): 12.6m

Public Relations: Committed to getting our message

out to the investment community.

Stock Information

LSC Lithium Corporation Transaction(Closed October 25, 2016)

Cash payment received: $1.0MProperty expenditure commitment: $2.0MEquity Investment in Dajin: $0.5M

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Dajin DJI.V

Trading Symbols:

TSX-V: DJI

OTC: DJIFF

GERMANY: C2U1


Dajin Advantages

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• Properties: High quality Lithium exploration targets of significant size.

• Locations: Advantageously located in Nevada’s Lithium Hub and

South America’s Lithium Triangle.

SA Lithium Triangle

Nevada’s Lithium Hub

Alkali Lake

Teels Marsh

Salinas

Grandes


Dajin Advantages

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• Water rights are highly regulated in

Nevada, rights are have been

granted at Teels Marsh and are in

process at Alkali Lake.

• Brines: Dajin will deploy “new

technology” to speed up permitting

and development time.

• “Large footprint” land position is not

fragmented by multiple companies.


Nevada – Property Locations

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Teels Marsh

Alkali Lake

Tesla Gigafactory

Albemarle’s Silver Peak

Lithium brine mine

Alkali Lake

Teels Marsh



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Teels Marsh

Alkali Lake



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Albemarle’s Silver Peak Lithium brine operation in Clayton Valley

• Lithium Carbonate production started in 1966.

• Initial concentrations were ~400 milligram/liter (mg/l).

• By 1998 concentrations were 100 – 300 mg/l.

• Low Phosphorus; medium high evaporation.

• 6,000 tonnes per annum Lithium Carbonate

equivalent capacity. (From SRK October 2016)

• Teels Marsh has similar geology, greater depth, an

identified near surface resource of 79 mg/l Lithium.

• Dajin has been granted water rights at Teels Marsh.

• In 2015 Albemarle bought Rockwood for $US6.2B

[Lithium Carbonate - 6,000 tonnes per annum @

$US12,000/tonne could be worth $US72 Million.]


Teels Marsh, Nevada

• 7,914 acres (3,202 hectares); 403 placer claims, 100% owned.

• 50 mi (80 km) NW of Albemarle’s Silver Peak Lithium mine in Clayton Valley.

• Water rights granted & permitted, good access and infrastructure.

• February 2015 Lithium potential confirmed.

Surface auger, 74 sample locations tested, ~1,000 feet (300 meter) intervals,

Highest Lithium sediment assay = 460 ppm, 28 were >150 ppm, 23 > 100 ppm;

Highest brine analysis of 79 mg/l at 9 feet (3 meters).

• Gravity, magnetic and seismic surveys completed: fault-bound deep basin – over 8,200 feet

(2,500 meters) deep.

Large catchment basin (313 mi2 /811 km2) retaining lithium rich volcanic ash deposits.

Basin structure defined, reports completed January & November 2016.

• September 2015 - GeoProbe survey.

Nine sites sampled, depth of 195 feet. (59 meters). Three 25 feet (7.5 meters) core

samples which returned significant Boron and Lithium values.

• Drill ready and Bureau of Land Management (BLM) permit granted.

Well targeting completed and civil work commencing.

Four wells planned; depths from 500 feet (150 m) to more than 2,000 feet (600 m).

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Teels Marsh - Geology

Structural model

• Fault-bounded, northeast-trending graben 4.0

miles (6.5 km)-long and 0.6 to 1.5 miles (1 to

2.4 km)-wide.

• Estimated maximum depth (to consolidated

bedrock) of greater than 8,200 feet (2,500 m)

near the center of the basin beneath the playa.

• Graben is part of a structural pull-apart block in

a subsiding extensional basin near the western

end of the active Excelsior Mountain

sinistral/normal fault zone.

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Seismic cross section

• Geologically young sediments that

fill the basin show up as dark and

light reflectors. Faults are shown

in red and the basin bottom is

outlined in yellow.

Teels Marsh Seismic Results

Cross Sections


Teels Marsh - Geology

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Lithium surface concentration:Good values in surface sediments

with brines up to 79 mg/l at 9 ft./3 m.

• Dajin holds more than 95% of the playa surface as well as the hypothetical

subsurface reservoir based on the gravity and seismic surveys.

• Submission of a “Plan of Operations” is underway and all baseline surveys

completed (including spring botany and birds).

Claim

boundary

Claim

boundary

Gravity Survey plus seismic and

magnetic surveys results identify:Deep basin, over 8,200 ft. (2,500 m)


Alkali Lake, Nevada

• 3,851 acres (1,558 hectares), 191 placer claims 100% owned.

• Gravity and magnetic survey completed.

Shows basin to be over 4,000 feet (1,200 meters) deep.

• 7 miles (11 km) northeast of Albemarle’s Lithium mine in Clayton Valley.

Similar geology to Clayton Valley, classic fault bound closed-basins termed

“playas” (or “salars” in South America).

Both Clayton Valley and Alkali Lake have active geothermal systems.

Clayton Valley Lithium brines have been in production since 1967.

Nearby to property held by Pure Energy and others.

• Application for water rights underway.

• Limited shallow surface sampling completed.

Yielded up to 382 ppm Lithium in sediments.

No deep sampling has been carried out.

• Preliminary NI 43-101 completed.

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Alkali Lake, Nevada

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Gravity survey• Over 4,000 feet (1,200 meters) deep with a “blind”

sub basin to the east.

• 7 miles (11 km) northeast of Albemarle’s Silver Peak Lithium brine mine in Clayton Valley.

2 mi./ 3 km

2 mi./ 3 km


Argentina – Property Locations

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Lithium Triangle(estimated to contain 80%

of world’s lithium reserves1)

Salinas Grandes

1 - South American Countries Mineral Industry Handbook

Salinas Grandes


Jujuy Province, Argentina

• Dajin holds more than 93,000 hectares (230,000 acres).

Primarily located in Salinas Grandes and Guayatayoc salars.

Good access and infrastructure.

• Share Purchase agreement with LSC Lithium Corporation (LSC).

To earn 51% interest in Dajin Resourses S.A. (Argentina).

$1M paid to Dajin, $2M property expenditures to be made.

• LSC Lithium co-founded by Stephen Dattels and Mike Beck.

Successful mining executives with decades of experience.

Project aggregator of Argentine salars in “The Lithium Triangle”.

Made Investment of $500,000 P/P in Dajin @ $0.18/unit.

• Wayne Richardson (CEO of LSC and ENIRGI Group) has stated

the following for Salinas Grandes,

“Given the size of this salar, it has the potential to be LSC’s largest

source of future revenue.”

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Canada



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Salinas Grandes - Guayatoyoc

LSC consolidation

LSC Lithium Corporation Transaction

$1M paid and $2M property expenditure

commitment to earn 51%Working on obtaining exploration permits.Stakeholder engagement and community consultation.Acquisition of majority of Salinas Grandesland position

Dajin holdings

Dajin/LSC

LSC



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Salinas Grandes

• LSC Lithium and Enirgi Group;

Consolidating land position throughout Argentina,

Focused on becoming a major player in Lithium production,

Working on exploration permits.

• LSC Lithium entered into a strategic agreement with Enirgi Group and their new DXP technology.

• DXP Plant being constructed on Salar de Rincon with commercial production in mid 2017.

• Enirgi Group has Salta based operations and proven track record of project development.

Salar de Rincon

Salta


Why Dajin?

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Dajin has the right projects, the right location, the right partners, at the right time.

• Partnership with LSC Lithium Corporation (LSC) provides financial and technical

strength. LSC is being structured to be the leading Lithium producer in Argentina.

• LSC has confidence in Dajin’s Nevada assets. Invested $500,000 as a private

placement and holds $700,000 warrants.

• New Lithium extraction technology is technically challenging. Enirgi Group (LSC

Lithium partner) have developed DXP technology and chemical engineering; plant

operational in Salar de Rincon mid 2017.

• New technologies will not negate need for water rights in Nevada. Dajin has been

granted water rights for Teels Marsh and is in process at Alkali Lake.

• Land fragmentation in Nevada is a concern (cooperation between multiple

stakeholders in a basin will be necessary for development).

Dajin has more than 95% control of the playa surface at Teels Marsh.

Dajin Resources Corp.450 - 789 West Pender Street

Vancouver, BC V6C 1H2 Canada

Office: 604-681-6151

Website: www.dajin.ca

Email: [email protected]

A Lithium Exploration Company Investor...

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