(NEW YORK)–Ludlow Research alerted its subscribers on March 28, 2023 that it had initiated a research opinion on Titan Lithium (OTC:CDSG) based on strong test results from their Tanzania Lithium mine, and our continued bullish outlook for the Lithium sector.
In late Feb. 2023, the company signed a Definitive Agreement with Kilimanjaro Lithium, whereby CDSG would have the exclusive right to earn up to 100% interest in two large projects in The United Republic of Tanzania.
The Tanzanian projects, which cover more than 150 square miles, adds to the company’s current Lithium portfolio, including their West End Lithium, a project that currently holds the largest U.S lithium carbonate equivalent (LCE) resource.
Titan 1 Results
Initial surface sampling at the Titan 1 lithium property in Tanzania returned values which averaged 2.64% Li2O (12,266 ppm Li) over 1.25 miles (2kms). The highest grade encountered on the western line area returned 4.82% Li2O (22,400 ppm Li).
Titan 2 Results
The Titan 2 project is located approximately 20 miles west of the larger Titan 1 claim.
After the strong initial geochemical sample results that averaged 3,920 ppm Lithium, the technical team sampled a broader area employing regular spaced samples over a grid that covers 6.2 square miles.
With approximately half of the soil sample results from the grid in, we note that the new positive Lithium results averaged 4,600 ppm Lithium. The lowest positive value returned 900 ppm Li and the highest value, located near the center of grid, returned 1.95% Li2O (9,100 ppm Li) which was nearly identical to the previous high value returned from the area.
What Initial Tests Show
A typical run of Lithium mine ore can usually contain 1-2% Li2O. Based on CDSG initial surface tests, the company looks like it could be sitting on a substantial resource of high-grade Lithium on its Tanzania project.
For these reasons, Ludlow Research has initiate research coverage on Titan Lithium (OTC:CDSG) with the potential for substantial price increase from its current levels.
Ludlow will be releasing a more detailed report, price prediction, and analyst interview with CDSG in the near-future. Register to receive updates. https://ludlowresearch.com/investors/
About Titan Lithium
China Dongsheng International Inc. (OTC Markets: 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. www.titanlithiuminc.com