Advanced Technology Would Enhance GTSO's Minerals Recovery Rate
SAN JOSE, Calif.--(BUSINESS WIRE)-- GTSO Resources, the mining subsidiary of Green Technology Solutions, Inc. (OTCBB: GTSO), announced today that it has tested a new technology at MINExpo 2012 that would dramatically improve the rate of mineral recovery in the company's mining projects.
Thermo Scientific's Portable XRF analyzers, such as the Niton XL3 Series, could soon help GTSO and its partners identify concentrations of crucial elements in seconds at prospective mining sites around the world. The electronic devices are designed to drastically improve accuracy in mapping mineral hot spots, improving overall operational efficiency.
"We were introduced to these amazing tools at MINExpo International, and we're extremely excited about its potential to streamline our discovery processes," said GTSO CEO Paul Watson. "The XRF analyzer is able to locate potentially lucrative mineral samples and map their locations using built-in GPS. We see potential in its use in a range of activities from on-field assessment in traditional mining to analyzing minerals reclaimed in urban mining operations."
MINExpo International 2012 drew 1,890 exhibitors to Las Vegas this week, resulting in the largest collection of mining equipment ever gathered.
GTSO is currently pursuing opportunities in the mining of tungsten, lithium, gold and other valuable metals in mineral-rich regions including Ghana, Chile and Alaska. Alongside the company's joint venture partners, Diamond V Associates, GTSO has initially analyzed surface samples now in preparation to begin excavation at the most promising of its target sites.
In addition, the company is in talks to partner with or acquire urban mining operations in North and South America in order to capitalize on the rise of e-waste recycling services worldwide.
For more information on GTSO's current traditional and urban mining projects, please visit www.GTSOResources.com/investors.html.
GTSO is working to service a fast-growing global appetite for rare and precious metals in order to compete in an exciting sector that includes FMC Corp. (NYS: FMC) , North American Tungsten Corp. Ltd. (NAS: NTC.V) , Newmont Mining Corp. (NYS: NEM) , and Rio Tinto (NYS: RIO) .
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc. [www.GTSOresources.com] is a growth-oriented company exploring rare earth minerals and precious metals production around the world. To learn more, please visit our website at www.GTSOresources.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
KEYWORDS: United States North America California Nevada
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