China Dongsheng International Stock

China Dongsheng International, Inc. operates as a U.S. based mineral exploration and mining company in the pursuit of lithium, a critical battery metal, which will be a major pillar for lowering carbon emissions leading to a zero-carbon future.

The company’s focus is on developing its two lithium-in-clay projects located in northern Tanzania and its West End Lithium project located near Tonopah, Nevada. The company intends to explore and develop these projects with the intention of producing and selling lithium carbonate, a key ingredient for the battery supply chain.

The company’s largest mineral projects and properties are in Tanzania, and as of September 30, 2023, the company’s mineral rights portfolio for battery metals included approximately 72,344 acres (293 km2) for lithium in two Prospecting Licenses, Titan One and Titan Two.

The company is also developing a lithium-in-clay project located in Nevada. The project is strategically located nearby Tonopah close to the center of lithium exploration activities in the U.S. Nevada.

At present, the company’s exploration efforts have been confined to Phase One surficial testing of lithium and other elements on the Titan projects.

The company’s subsidiaries include Titan Lithium, Inc. and Kilimanjaro Lithium Limited.

Mineral Properties

Titan Projects (Tanzania)

The company acquired an 80% ownership interest in Kilimanjaro Lithium, LTD (KLL) and two prospecting licenses (PLs) authorizing exploration activities on Titan 1 and Titan 2 located in Tanzania (collectively hereinafter the Titan Projects). Since initiating the company’s exploration program in the first months of 2023, its team has focused on evaluating the lithium potential of the areas by examining the geochemical constituents in the alluvium cover of the Titan projects.

The Titan 1 (T1) project is centered over a vast flat-lying playa covered by a thin layer of alluvium overlying volcano-sedimentary basin fill and is depositionally very similar to the playas overlying mudstone-hosted lithium deposits found in the Southwest U.S. (i.e., the TLC project of American Lithium Corp. and the Thacker Pass of Lithium Americas Corp.). A previously recognized eastwest fault crossing the center of the T1 playa, which holds low to no Lithium, has been used to simplify and divide the work at Titan 1 into a large North and South Block. Geochemical coverage of the South Block encountered positive Lithium values in 85% of samples collected with the best two lines, occurring the in northeast and southwest of the Block, averaging a continuous 2.5 miles (4kms) of 1.88% LiO2 (8,700 ppm Li) and 4.3 miles (7kms) of 1.08% Li2O (5,000 ppm Li) respectively. The South Block anomaly, which has absorbed the earlier reported T1 ‘mid zone’ measures 10,900 acres (44 square kms) in size. The average grade of all lithium values in the South Block anomaly is 4,318 ppm Li or 0.93% Li2O Rigorous Quality control of the samples was maintained for collection and transportation to the laboratory. All samples were prepared and analyzed at the independent and ISO 9001 certified African Minerals and Geosciences Centre (AMGC) in Dar es Salaam.

Titan One Lithium Project: The company’s Titan One Lithium Project is its largest endeavor and primary focus. The project is in northeastern Tanzania, within the Pangani Rift Valley (PRV), a geologic feature which extends for more than 850 kilometers in a roughly north-south fashion originating south of Mount Kilimanjaro. The company’s property position at Titan 1 covers approximately 115 square miles (298 km2), which is centered over a large sparsely vegetated playa very similar to those located within the Southwest U.S. The Titan 1 Property is situated to the west of Tanzanian Highway B1 in northeastern Tanzania, approximately sixty-five miles southeast of the Kilimanjaro International Airport and 18.5 miles southwest of the town of Same, Same District, Kilimanjaro Region.

Titan Two Lithium Project: The Titan 2 Property is situated approximately thirty-six miles south of the Kilimanjaro International Airport and 18.5 miles northeast of the town of Landanai, Simanjiro District Manyara Region. The Titan 2 PL covers approximately 13,220 acres (53.5 km2), which centers over a dry lakebed with no outflow.

Lithium Claystone Project (Nevada)

On March 17, 2022, the company entered into an agreement with American Lithium Minerals Inc., a Nevada based publicly held corporation, whereby the company will have the right to earn up to a 60% interest in the West End Lithium Project near Tonopah Nevada. The company has the right to acquire an additional 50% of the project.

The West End Lithium (WEL) Project is located directly within the Tonopah Lithium Claims (TLC) Claim. The TLC Project is a sedimentary hosted lithium claystone deposit located six miles northwest of the town of Tonopah, Nevada. As of September 30, 2023, the company had not drilled on the WEL claim block.

The West End Lithium Project comprises 24 unpatented lode mining claims over approximately 460 acres of land located 6 miles northwest of Tonopah, Nevada. The company is in the process of formalizing and organizing exploration plans for the WEL claims.

Government Regulations

The Titan projects are held by a Prospecting License (PL), which are granted for an initial period of four years and may be renewed for a further period of three years and if necessary, a second renewal of a further two years.