GTSO Excited by Surface Sample Assay Results
SAN JOSE, Calif.--(BUSINESS WIRE)-- Green Technology Solutions, Inc. (OTCBB:GTSO) announced that the company is thrilled by new assay data collected on surface samples taken from prospective mining sites in mineral-rich regions of Africa and Alaska.
The promising data was collected using Thermo Scientific's portable x-ray fluorescent analyzers at MINExpo 2012 in Las Vegas. Advanced devices 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 analysis performed on our samples at MINExpo was very exciting," said GTSO CEO Paul Watson. "The results were just what we'd hoped they would be. The next step for our company will be to purchase this technology and put it to use at mining claims around the world, assessing the commercial viability of a number of potential excavation projects."
XRF analyzers such as those made by Thermo Scientific enable quick, accurate exploration assay data to guide mining operations. The rapid acquisition of this data for the delineation of ore boundaries and mine mapping could soon prove critical to the mission of GTSO's mining subsidiary, GTSO Resources.
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.
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. (TSXV: 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 Alaska California Nevada Africa
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