China Dongsheng International, Inc. (OTCMKTS: CDSG) through its wholly owned subsidiary Titan Lithium, Inc., is a lithium explorer and developer with operations in Nevada, USA and The United Republic of Tanzania. The Company recently reported it is applying for a name change to Titan Lithium, Inc. The name change will reflect the company’s lithium focus. The Company has a new twitter handle to: @TitanLithiumInc 

The West End Lithium Project is a world-class, shallow lithium deposit located in a low-risk jurisdiction just outside of Tonopah, Nevada. CDSG Lithium has partnered with Barrel Energy Inc. to utilize the company’s highly innovative lithium extraction methodologies designed for clay-hosted deposits. The WEL site, comprised of 24 unpatented lode claims, is strategically located directly adjacent to the TLC Lithium-in-clay project. Surficial rock samples from the TLC project have reportedly shown widespread lithium held in the sediments that have achieved results of up to 1300-2200 ppm. The TLC resource’s 8.83 Mt LCE measured and indicated resource now stands well above Nevada’s multi-billion-dollar Thacker Pass Lithium project, which holds 3.13 Mt of proven and probable LCE reserves. 

The Titan 1 project is centered over a large, sparely vegetated, flat lying ‘playa’ covering over sixty square miles (155 square kilometers). The basin is reportedly filled with a sequence of sediments and volcanics and has a thin alluvium cover. The area is morphologically and depositionally comparable to the mudstone/claystone projects of the southwest U.S., being very similar to the company’s WEL project claim area, the TLC project and the Thacker Pass projects of Nevada. The main target at Titan 2 is a dry lake bed and is an Endorheic Basin, meaning it has no outflow. Over time this basin has likely be the repository for a vast area of volcanic ash collection stemming from the volcanic activity to the north. The dry lake measures approximately 11.5 square miles (30 sq kms) in size and initial sampling of the Titan 2 prospect has returned high value Lithium within the surface sampling of up to 9,000 ppm (1.93% Li2O). A second round of sampling of the Titan 2 prospect was performed via equal grid spacing and we are awaiting the results. 

The Company recently reported positive soil geochemical sampling results from the first phase of the company’s extensive Titan 1 lithium property in Tanzania; positive geochemical results indicated lithium values ranging from 100 ppm to highs of 13,000 ppm. Craig Alford, MSc, PGeo, and CEO of the Company, a Qualified Person under NI 43-101, noted “The results from the initial geochemical sampling are staggering. The size and strength of the Lithium anomaly at Titan 1 is particularly exceptional as it is within an area that has had no previous exploration and both sample lines ended at their northern limit within some of the highest grades of up 2.79% Li2O. These very strong results are being followed up by ongoing sampling and exploration on the Titan 1 Project area.” More results will be announced in the coming weeks. 

• Lithium values ranging from 100 ppm to highs of 13,000 ppm
• Within the central line, the first line run on the project, the positive Li values averaged 0.55% Li2O (2,569ppm Li) over 7.4 miles (12 km)
• A parallel line, 1.8 miles east of the central line was run and returned positive values of 1.14% Li2O (5,300ppm Li) over 3.7 miles (6 km)
• Values for sodium, potassium, magnesium broadly mirror and confirm the distribution of the anomalous lithium values. Potassium oxide (K2O) values ranged as high as 3.6% in the results
• Additional samples have now been collected on lines that have now extended the original described two both to the north and south, as well as new lines run parallel that should assist in defining the Titan 1 massive Lithium anomaly
• For the Titan 2 prospect, just one 0.8 miles (1.3km) long line of soil samples was originally collected
• Results from the Titan 2 line averaged 2,930ppm Li, the lowest value returned 800ppm and the highest value, located at the end of the line returned 9,200 ppm (1.98% Li2O)

In January the Company brought on mining executive and professional geoscientist Mr. Craig Alford as a Chief Executive Officer. Mr. Alford has been responsible for budgeting and the expenditure of hundreds of millions of dollars and developed economic analysis for large M & A transactions. Mr. Alford’s tenure as Deputy General Manager with the Zijin Mining Group resulted in large investments in Pretium Resources, Kyrgyzstan’s Taldybulak Gold Mine, Norton Gold in Australia, Barrick Gold’s Porgera mine and Ivanhoe Mines’ Kamoa Copper Project. During this crucial time for the battery metal sector, Mr. Alford has been involved in a number of base metal and lithium exploration projects key to the industry. 

$CDSG @TitanLithiumInc

13,000 PPM!!!!!!!

This is looking HUGE!!!! pic.twitter.com/gcapL0DSS4

— Bluebird Skies (@skies_bluebird) March 4, 2023

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The Company also recently entered into a Definitive Agreement with Kilimanjaro Lithium Inc., a private corporation, whereby CDSG will have the exclusive right to earn up to a One Hundred Percent (100%) interest in several Prospecting Licences (PLs) that make up two large projects in The United Republic of Tanzania. Tanzania is presently experiencing attention and investment into Lithium exploration from numerous companies, including Liontown Resources. Recently, the U.S announced it has entered into a Memorandum of Understanding (“MOU”) for critical battery minerals with several African nations.   

The Tanzanian projects, which cover more than 150 square miles, will greatly add to the company’s portfolio. The company will acquire an immediate 80% interest in the PL’s by issuing 133 million common shares (at a deemed value of $6,650,000). After CDSG has attained this initial 80% ownership, the Company shall be responsible for exploration and development expenditures and shall make cash payments totaling $350,000.00 over the next 9 months. To attain the final 20% interest in the Properties, CDSG will make further payments of $1,000,000 for each additional 5% interest for the full 100% interest for an aggregate payment of $4,000,000 of additional payments. A 3% Net Smelter Return (“NSR”) on production of the Properties has been retained by the Licensor, however, CDSG has the exclusive right to purchase up to 2% of the NSR for $1,000,000 per 1%, for an aggregate of up to $2,000,000. 

On March 6 CDSG announced positive soil geochemical sampling results from an initial sampling phase of the company’s expansive Titan 2 lithium property in Tanzania. The Titan 2 project is located approximately 20 miles west of the Titan 1 claim group and is centered over a large, flat lying area of approximately 23 square miles (60 square kilometers). As part of the preliminary prospecting work on the project one line of surficial geochemical soil sampling was conducted over a length of 0.8 miles (1.3kms).\ 

Results from the line averaged 3,930 ppm Lithium. The lowest value returned 800 ppm Li and the highest value, located at the end of the line, returned 1.98% Li2O (9,200 ppm Li). Values for other elements broadly mirror and confirm the distribution of the anomalous lithium values. 

Craig Alford, MSc, PGeo, and CEO of the Company, a Qualified Person under NI 43-101, noted “The results from this initial prospecting sampling were extremely impressive. Much like Titan 1, our end of line samples returned the highest grade. Our field team has now returned to the site to follow up on the strong Lithium results by employing a sample grid over a much larger area that is roughly 2.5 miles by 2 miles in size.” 

$CDSG
China Dongsheng International, Inc. pic.twitter.com/U55C6Ui6OA

— Randylus (@randylus) March 6, 2023

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Currently trading at a $19 million market valuation CDSG os is 231,776,927 and the Company has just 2,388,960 shares in the public float. CDSG which is in the process of changing its name to Titan Lithium is at the right place at the right time as North America’s capacity for battery cell production will likely grow more than tenfold in the coming five years and there is a deficiency of production. CDSG has already made a number of significant discoveries including positive geochemical results indicated lithium values ranging from 100 ppm to highs of 13,000 ppm at its Titan 1 project as well as positive soil geochemical sampling results from an initial sampling phase of the company’s expansive Titan 2 lithium property in Tanzania. Results from the line averaged 3,930 ppm Lithium. The lowest value returned 800 ppm Li and the highest value, located at the end of the line, returned 1.98% Li2O (9,200 ppm Li). Values for other elements broadly mirror and confirm the distribution of the anomalous lithium values.We will be updating on CDSG when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

Disclosure: we hold no position in CDSG either long or short and we have not been compensated for this article.