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CDSG PLANNING EXPLORATION PROGRAM ON TLC ADJACENT LITHIUM PROJECT WITH BARREL ENERGY INC

CDSG PLANNING EXPLORATION PROGRAM ON TLC ADJACENT LITHIUM PROJECT WITH BARREL ENERGY INC

CDSG 计划与 BARREL ENERGY INC 一起在 TLC 附近的锂项目上进行勘探计划
GlobeNewswire ·  2022/11/16 10:35

Las Vegas, NV., Nov. 16, 2022 (GLOBE NEWSWIRE) -- China Dongsheng International Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to provide an update on our exploration program for our West End Lithium ("WEL") project.

内华达州拉斯维加斯,2022 年 11 月 16 日(GLOBE NEWSWIRE)— 中国东升国际有限公司(场外市场:CDSG)(“公司” 或 “CDSG”) 很高兴提供我们西区锂业(“WEL”)项目勘探计划的最新情况。

CDSG will partner with Barrel Energy Inc (OTC: BRLL) ("Barrel") on its exploration and production endeavors with Barrel due to the highly innovative Lithium extraction methodologies Barrel is currently advancing for clay hosted deposits.

CDSG将与Barrel Energy Inc(场外交易代码:BRLL)(“Barrel”)合作,与Barrel进行勘探和生产,这是因为Barrel目前正在推进粘土含矿床的高度创新的锂开采方法。

The WEL claims are located in Nye county Nevada, just 6 miles northwest of Tonopah and sit directly within the surrounding outer boundary of the TLC Project being developed by American Lithium Corp. (LI.V) (OTCQB: LIACF).

WEL索赔位于内华达州奈县,位于托诺帕西北仅6英里处,直接位于美国锂业公司(LI.V)(OTCQB:LIACF)正在开发的TLC项目的周围外部边界内。

The TLC Project currently hosts a large NI 43-101 compliant resources of 5.37 million tonnes (Mt) lithium carbonate equivalent (LCE) in the measured and indicated category with a further 1.76 Mt LCE in the inferred category. The present size of the TLC resource is expected to grow following the results of new 2022 drilling, some around the WEL claim area.

TLC项目目前拥有符合NI 43-101标准的大型资源,为537万吨(Mt)碳酸锂当量(LCE),属于测定和指示类别,另外还有176万吨的LCE属于推断类别。继2022年新的钻探结果公布之后,TLC资源目前的规模预计将增加,其中一些钻探位于WEL索赔区附近。

Lithium demand has caused the price of lithium carbonate, a key component for lithium-ion batteries, to surge throughout the past year. In November 2021 prices were roughly $27,000 USD per tonne with lithium carbonate prices fetching over $84,000 USD per tonne.

在过去的一年中,锂需求导致锂离子电池的关键成分碳酸锂的价格飙升。2021年11月,价格约为每吨27,000美元,碳酸锂的价格上涨了每吨超过84,000美元。

The company's co-exploration program will begin in 2023 (subject to federal and state permitting), and timed well to provide a new lithium resource to help meet the ever-growing demand.

该公司的共同勘探计划将于2023年开始(视联邦和州许可而定),提供新的锂资源以帮助满足不断增长的需求的时机恰到好处。

See attached map of TLC lithium project. CDSG's West End Lithium claims are located in red.

见所附的TLC锂项目地图。CDSG的西区锂电索赔显示为红色。

About the Company: China Dongsheng International Inc. (OTC Markets: CDSG) is an emerging company based in Nevada. The company's principal activity is acquiring and developing opportunities in the natural resource sector and complimentary technologies.

关于本公司: 中国东升国际有限公司(场外交易市场:CDSG)是一家总部位于内华达州的新兴公司。该公司的主要活动是收购和开发自然资源领域的机会和补充技术。

Contact:
Harp Sangha
+17025952247/sanghaharp1964@gmail.com

联系人:
Harp Sangha
+17025952247/ sanghaharp1964@gmail.com

Forward-Looking Statements:

前瞻性陈述:

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current

本新闻稿可能包含1995年《私人证券诉讼改革法》所指的 “前瞻性陈述”,例如与财务资源有关的声明结果和未来发展活动的计划,因此是前瞻性的。前瞻性陈述包括所有非关于意图、信念或当前的历史事实陈述

expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.

公司、其董事或其业务的期望军官。提醒投资者,任何此类前瞻性陈述都不能保证未来的业绩,并且涉及风险和不确定性,其中许多风险和不确定性超出了公司的控制能力。实际结果可能与实际结果存在重大差异前瞻性陈述中预测的玫瑰。可能导致实际业绩与前瞻性陈述中指出的业绩存在重大差异的因素包括与公司业务和财务相关的风险和不确定性总体而言,包括继续和管理其增长的能力、竞争、全球经济状况以及公司向美国证券交易委员会提交的定期文件中详细讨论的其他因素。


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