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Las Vegas, NV – March 30, 2022 – China Dongsheng International Inc. (OTC Markets: CDSG) (the “Company” or “CDSG”) is currently reviewing and analyzing all geological data on its West End Lithium (“WEL”) project. The WEL project, next to the TLC Project being developed by American Lithium Corp. (LI.V), (OTCQB: LIACF), appears to be underlain by the same rock sequences. CDSG is planning a program of geological mapping, sampling, geochemical analysis, and drilling.
The West End Lithium Project is located next to the same lithium mineralization hosted within the Miocene claystones of the Tonopah Lithium Claims (“TLC”) property held by American Lithium Corp.
The TLC Project is a NI 43-101 compliant resource of 5.37 million tonnes of Lithium Carbonate Equivalent (“LCE”) in the Measured and Indicated category, which compares very favorably to the multi-billion dollar Thacker Pass Lithium project owned by Lithium Americas (NYSE: LAC). Nevada’s Thacker Pass sedimentary hosted deposit holds 3.13 million tonnes of Proven and Probable Reserves of LCE.
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.
www.cdsgholdings.com
Forward-Looking Statements:
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 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.
Source: China Dongsheng International Inc.
Las Vegas, NV – March 17, 2022 – China Dongsheng International Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) is pleased to announce that it has entered into an Agreement with American Lithium Minerals Inc., a Nevada based publicly held corporation, whereby CDSG will have the right to earn up to a Sixty Percent (60%) interest in the West End Lithium Project near Tonopah Nevada.
The Company recognizes the massive growth in the global lithium-ion battery market. With the majority of automakers turning towards the production of Electric and Hybrid vehicles, the Lithium battery market grew to 44.49 billion USD in 2021 and is projected to reach 193.13 billion USD by 2028. Just in the last 12 months the demand for Lithium has resulted in a price gain of over 10x for Lithium Carbonate, one of the key components for battery makers.
The West End Lithium Project is located directly adjacent to the growing resource of the Tonopah Lithium Claims (“TLC”) Project of American Lithium Corp. The TLC Project is sedimentary hosted lithium claystone deposit and possesses a NI 43-101 compliant initial resource of 5.37 million tonnes Lithium Carbonate Equivalent (“LCE”) in the Measured and Indicated category and 1.76 tonnes LCE in the Inferred category. The West End and TLC Projects are located just 6 miles northwest of the town of Tonopah, Nevada and just 200 miles by road from Tesla’s Nevada Gigafactory.
To date, the Lithium at the TLC project appears to be held within relatively near-surface claystones and exploration and drilling continues to expand along a northwest-southeast trend off the main mineralization. The project size compares favorably to the 3.13 million tonnes LCE Proven and Probable Reserves of the Lithium Americas’ Thacker Pass Lithium Deposit located in Humboldt County, about 25 miles from the Nevada-Oregon border.
About the Company
China Dongsheng International Inc. (OTC Markets: CDSG) is an emerging company based in Nevada. The company’s principal activity is seeking opportunities in both public and private companies in the technology, natural resource and various other sectors.
www.cdsgholdings.com
Forward-Looking Statements:
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 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.
SOURCE: China Dongsheng International Inc.
Las Vegas, NV – March 10, 2022 – China Dongsheng International Inc. (OTC Markets: CDSG) (the “Company” or “CDSG”) is pleased to announce that the company has signed a Strategic Partnership with Stallion Energy Group, Inc. (“Stallion”) of Houston Texas, for a Working Interest to develop oil production in Frio County, southwest Texas.
The drill-ready leasehold is located within an area of two of the most productive oilfields in the San Antonio Oil and Gas district, with over 100 million barrels and 400 billion cubic feet of gas produced. The multimillion-barrel potential of the project was identified after critical evaluation, mapping and analysis of a large petrophysical database of well logs, mud logs and production analogues completed by Texas based team of petroleum engineers and a geologist with a combined 90+ years of experience.
The plan is to drill vertical wells using a 40-acre spacing within a 640 acre area of the lease portfolio acquired by Stallion. Our primary production target will be the shallow, oil rich Olmos Formation, which has been a consistent oil producing strata and continues to be an active exploration target in the area.
The target horizon offers low risk, shallow conventional oil production from several pay zones identified by local offset logs. Texas American Resources (now Trinity Oil & Gas) previously computed volumetric reserves for the Olmos in the direct lease area to have original oil in place (OOIP) of 15-27 million barrels per 640-acre section. At present, this volumetric calculation has not been re-verified by Stallion.
CDSG’s Chairman, Harp Sangha, stated, “With our objective of providing energy needs for today and tomorrow, this project provides an incredible opportunity for us to rapidly enhance the domestic energy output during a time of dire need. Solid projected revenues from production from this field were originally modeled on $55/barrel in 2021, thus at this time, we see an incredible opportunity for well-timed production and robust economics for now and the longer term.”
About the Company
China Dongsheng International Inc. (OTC Markets: CDSG) is an emerging company based in Las Vegas, Nevada. The company’s principal activity is seeking opportunities in both public and private companies in the technology, natural resource and various other sectors.
About Stallion: Stallion Energy Group, Inc. is an independent exploration and production company based in Houston, Texas primarily engaged in the activities of acquiring, developing, exploiting, and producing oil and gas properties. The Company is a wholly owned subsidiary of Canadian based Stallion Oil Corporation who are currently planning to go public on the Canadian Securities Exchange (“CSE”} in Canada.
Contact:
Harp Sangha-Chairman
1-702-595-2247
www.cdsgholdings.com
Company Disclaimers: As a “penny stock” Company, within the meaning of federal and state securities law, China Dongsheng International Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, CDSG provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment.
Forward-Looking Statements:
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 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.
SOURCE: China Dongsheng International Inc.
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