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CDSG PLANS DRILLING ON LARGE CARLIN TYPE GOLD TARGET IN NEVADA
CDSG PLANS DRILLING ON LARGE CARLIN TYPE GOLD TARGET IN NEVADA.
About this update from China Dongsheng International, Inc.
[{"type":"text","content":"\n Las Vegas, NV., May 05, 2022 (GLOBE NEWSWIRE) -- China Dongsheng International Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) is pleased to announce an update for the Carlin-type Walker Ridge Gold Property (“Walker Ridge”) located in Elko County, Nevada. The Walker Ridge project is road accessible located 60 miles north of Elko Nevada just off of Highway 225. The Walker Ridge claims cover an area just north of the Jerritt Canyon gold mines, currently operated by First Majestic Silver Corp (NYSE: AG), Walker Ridge contains a broad geochemical and geophysical anomaly highly indicative of a Carlin gold type deposit (“CTGD”). Similar anomalies in the same geologic units have resulted in the success of locating the nearby Jerritt Canyon deposits which have now produced over 9.7 million ounces of gold from both open pit and underground operations. Production from CTGDs make up the bulk of Nevada’s output and are the backbone of Nevada Gold Mines, the joint venture between Barrick Gold (NYSE: GOLD) and Newmont gold (NYSE: NEM), which produces approximately 2 million ounces per year. Our 2022 drill program at Walker Ridge has been approved by Nevada state authorities in which we plan to investigate the over mile-wide ‘bullseye’ geochemical and gravity anomaly at Walker Ridge. Results from a Controlled Source Audio-frequency Magnetotellurics (CSAMT) survey completed by a previous investigation identified a northwest-southeast trending resistive feature within a broad resistivity low that looks nearly identical to the classic CTGD mineralization model. Craig Alford, CDSGs’ President and a Professional Geoscientist, states, “This is elephant country for gold deposits, and we are very excited about how each characteristic of Walker Ridge checks the boxes of the features that belonging to a Carlin type gold deposit. Our drill program plans to combine reverse circulation with later diamond drilling to maximize our investigative scope of this big target.” 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. Contact:Harp Sangha-...