China Dongsheng International Inc (CDSG) revealed that its subsidiary, Titan Lithium Inc (OTC:CDSG), reported strong lithium geochemical sampling results from the continuation of the surface sampling program at its flagship Titan 1 lithium property, in Tanzania.
“Our team was both excited and surprised by the high grades encountered in this new area so far to the north,” said Titan Lithium CEO Craig Alford.
“We will continue to examine and develop the area which is proving itself to be of the highest grade and size compared to its sedimentary-style competitors.”
As part of Titan Lithium’s extensive geochemical sampling program designed to define the boundaries of the massive Titan 1 (T1) lithium discovery, extensions of the T1 survey were implemented by field crews both to the north and south of the previously reported soil geochemical survey line results. The soil samples were all consistently removed from the B soil horizon, from a depth of 6-to-10 inches, said the company.
The newly received results average 8,530 parts per million (ppm) lithium (Li) and occur at a distance of 3.65 miles north of the former northernmost sample. The lowest-grade sample in the area was still highly anomalous at 700 ppm Li, while the highest-grade value returned 4.02% Li2O, which translates into 18,700 ppm Li.
Titan Lithium has previously divided the massive T1 anomaly into a North and South Block, with the south block anomaly averaging 4,318 Li ppm over a full 17 square miles. The company noted that both areas are underlain by a thick volcano-sedimentary sequence deposited by rift related volcanism, which is the source of lithium in the region.
Work is still in progress to define the size and grade of the North Block, according to Titan Lithium, which has used the certified African Minerals and Geosciences Centre (AMGC), in Dar es Salaam, to analyze all its samples.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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