williams45
1 month ago
$CDSG has 500,000,000 authorized shares, offering significant potential for future growth and strategic ventures. With 257,463,772 outstanding shares, the company maintains a solid market presence and a well-established shareholder base, supporting its expansion efforts.
bjl
4 months ago
CDSG PLANS HIGHLY PROFITABLE GOLD PRODUCTION IN WESTERN TANZANIA
Las Vegas, NV., April 22, 2024 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the โCompanyโ or โCDSGโ) is pleased to announce CDSG has entered into a co-production agreement with a company based in Tanzania to recover gold from the processed tailings within the heart of the gold region of Tanzania.
The Company is presently planning a 200 ton per day Carbon in Pulp (โCIPโ) processing plant that will serve to initially process 20,000 - 30,000 tons of tailings annually. CDSG has begun sourcing out prefabricated CIP plants that are available. Typically, CIP plant costs include all materials, shipping and construction. Operating costs per gold ounce for the CIP plant is anticipated to be extremely low, between $400 - $500 per ounce, which will allow the company to achieve robust profits per ounce.
The processing project is located in the northwest of Tanzania within a world class region containing many large gold deposits including the Geita mine, operated by AngloGold Ashanti, a deposit which has been in operation for over 50 years and still contains 9.9 Moz of gold resources and the Bulyanhulu mine containing gold, silver and copper operated by Barrick Gold.
Recently, a CIP pilot test program at the site proved very effective in recovering gold at the site. CDSG intends to rapidly develop positive cash flow for the company. Predicted annual operating costs of under $2.0 million could generate over $5 million in positive cash flow which could run for 7 to 10 years.
Harp Sangha, Chairman of CDSG states, โThis step into gold production is game changer for the company. The market conditions are excellent for low-cost gold production and nearby to the CIP plant our local geologic team has identified at least 7 other gold targets which will allow us to expand our production efforts in the area.โ
About the Company: 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.
https://finance.yahoo.com/news/cdsg-plans-highly-profitable-gold-130000796.html
bjl
4 months ago
CDSG PROVIDES A CORPORATE AND STRATEGIC UPDATE FOR 2024
Las Vegas, NV, April 18, 2024 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the โCompanyโ or โCDSGโ) is pleased to provide a corporate update regarding a number of significant business items.
On April 3rd 2024, the company filed our Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) and we anticipate the Form 10 will be fully effective in June of this year. The Form 10 includes important information about the companyโs business, assets, strategy, and historical financial results. Sept 30th 2024 will mark the companyโs fiscal year end and the filing of the financials on or before December 31st 2024 with thus mark the second full year of providing audited financial statements to the SEC. We fully anticipate, that after the year end filing, and with the capital assets on the books, the company will then to be able to apply for a Nasdaq or CBOE listing in 2025.
CDSG management is keenly aware the macro climate for resource investment and development is shifting in favor of precious metals and copper. Precious metals miners and explorers are entering an upswing in value and a new cycle of intensive capital allocation for such projects has begun.
CDSG management has extensive experience in the development of precious metals and holds knowledge of quality projects shelved in the past due to market downturns. Thus, moving forward, the company intends to add precious metal projects to our portfolio with an emphasis on previously known projects, as well as strategic joint ventures and acquisitions of production-ready projects. Targeted regions span key geologic areas of known mineral wealth and recent discoveries.
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), is a mineral explorer and developer with operations in Nevada, USA and The United Republic of Tanzania.
Contact:
Harp Sangha-Chairman
sanghaharp1964@gmail.com
+1-702-595-2247
https://finance.yahoo.com/news/cdsg-provides-corporate-strategic-2024-130000970.html