CDSG PLANS HIGHLY PROFITABLE GOLD PRODUCTION IN WESTERN TANZANIA
CHINA DONGSHENG INTL INC (CDSG)
Company Research
Source: GlobeNewswire
Las Vegas, NV., April 22, 2024 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) 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 (“CIP”) 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 As
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