STOCK TITAN

CDSG EXTENDS LITHIUM RICH SOUTH ZONE OVER 3.3 MILES EASTWARD AND SAMPLES UP TO 16,400 PPM IN NEW AREA

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Titan Lithium Inc. announces strong lithium geochemical sampling results from additional surface sampling program at Titan 1 lithium property in Tanzania. The 'South Block' area shows a lithium anomaly with an average grade of 4,318 ppm Li or 0.93% Li2O, covering a total of 10,900 acres. New work in the eastern side of the South Block reveals high-grade lithium values, with sample MW67 averaging 6,314 ppm Li or 1.36% Li2O.
Positive
  • None.
Negative
  • None.

Las Vegas, NV., July 10, 2023 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the “Company” or CDSG) is pleased to announce strong Lithium geochemical sampling results from additional surface sampling program at the company’s Titan 1 lithium property in Tanzania.

As part of our continued 2023 exploration program at the Titan 1 lithium project, several additional soil geochemical sample lines were completed in various targeted areas to both follow up previous results and to attempt to define the outer boundaries of our huge lithium discovery.

Towards this effort, our technical team returned to the south portion of Titan 1 to prospect, survey and conduct new lines of soil sampling. This area, designated the ‘South Block’ contains a lithium anomaly both massive and high-grade, having an average grade of 4,318 ppm Li or 0.93% Li2O, which covers a total of 10,900 acres (44 square kms).

The new work targeted an area on the eastern side of the South Block where an isolated reconnaissance sample, MW67, located roughly 3.3 miles (5.3kms) out from the main survey returned strong lithium (9,000 ppm Li). Samples were collected via several in-fill lines between the MW67 and the South Block.

Results indicate generally very high grades of lithium in this new region, and with sample MW67, the positive lithium values averaging 6,314 ppm Li ( 1.36% Li2O). The highest value returned a strong 3.54% Li2O (16,400 ppm Li). Several nul values were returned, however, results are questionable due to fresh water drainage patterns.

Craig Alford, MSc, PGeo, CEO of the Company and a Qualified Person under NI 43-101, noted “We were very excited to finally link up the MW67 sample to the main tested area. Our field work continues to reveal very high-grade lithium values and this new survey will add substantially to acreage of the South Block. Titan 1 is proving to be the most exciting lithium target in the world.”

Rigorous Quality control of the samples was maintained and all samples were prepared and analyzed at the independent and ISO 9001 certified African Minerals and Geosciences Centre (AMGC) in Dar es Salaam. Soil samples are all consistently removed from the B soil horizon, from a depth of 6 to 10 inches.

About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium Inc., is a lithium explorer and developer.

Contact:

Harp Sangha-Chairman

harp@titanlithiuminc.com                        

+1-702-595-2247

titanlithiuminc.com

Forward-Looking Statements:

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers.  Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.


FAQ

What company announced the strong lithium geochemical sampling results?

Titan Lithium Inc. announced the strong lithium geochemical sampling results.

Where is the Titan 1 lithium property located?

The Titan 1 lithium property is located in Tanzania.

What is the average grade of lithium in the 'South Block' area?

The 'South Block' area has an average grade of 4,318 ppm Li or 0.93% Li2O.

What is the total acreage covered by the lithium anomaly in the 'South Block' area?

The lithium anomaly in the 'South Block' area covers a total of 10,900 acres.

What are the lithium values of sample MW67 in the eastern side of the South Block?

Sample MW67 in the eastern side of the South Block has lithium values averaging 6,314 ppm Li or 1.36% Li2O.

CHINA DONGSHENG INTL INC

OTC:CDSG

CDSG Rankings

CDSG Latest News

CDSG Stock Data

520.08k
145.52M
Shell Companies
Financial Services
Link
United States of America
Las Vegas