Titan Lithium Inc (OTCMKTS:CDSG) Stock In Focus After Recent News
On Tuesday Titan Lithium Inc (OTCMKTS:CDSG) was in focus after it announced the results from the lithium geochemical sampling from the additional surface sampling initiative at its Titan 1 Lithium property located in Tanzania.
Trading Data
On Tuesday, CDSG stock ended flat at $0.1240 with more than 9.85K shares, compared to volume of 498.89K shares. The stock moved within a range of $0.1240 – 0.1400 after opening trade at $0.1400.
CDSG Delineates Over 17 Square Miles Of 4,319 PPM Lithium In Titan 1 South Block
The sampling program had been designed so as to define the outer boundaries of the previously reported Titan 1 lithium anomaly that had been reported on March 2 this year. To that end, the technical team at Titan Lithium returned to the same area to sample more lines and to extend older ones as well. The total surveyed area extended to a length of 11 miles and its widest it extended to 6.2 miles.
The geochemical coverage of the South Block encountered positive lithium values to the tune of 85% of the samples that had been collected. The Chief Executive Officer of the company Craig Alford spoke about the development as well.
He noted that the results from the Titan 1 property continued to be impressive in both scale and grade. He went on to note that the South Block of the property now commanded double the area and grade that it did previously. It may be a good idea to keep an eye on the Titan stock this week.
