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Mon, August 20, 2012

GTSO Mining Partner DVA Collects Promising African Core Samples


Published on 2012-08-20 03:02:14 - Market Wire
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SAN JOSE, Calif.--([ ])--[ Diamond V Associates ] (DVA), the joint venture partner of Green Technology Solutionsa (OTCBB: GTSO) mining subsidiary GTSO Resources, is preparing a promising new batch of black sand and rock samples from Africa to send to a premier lab for analysis of their economic potential.

"We have high expectations for this region, and we look forward to reviewing the results of ALSa analysis of these black sands samples"

With support from GTSO, DVA has spent weeks in Western Ghana with its partners in the Africa Support Network (ASN) identifying potentially lucrative mining targets and collecting core samples for testing. The joint ventureas latest batch of samples was taken from the mine site of Ghanaas Ashanti region.

The black sand/rock samples will be sent to the laboratories of [ ALS Minerals ] next week for analysis of their concentrations of tungsten, gold and a number of other valuable minerals.

aWe have high expectations for this region, and we look forward to reviewing the results of ALSa analysis of these black sands samples,a said GTSO CEO Paul Watson. aIf the results confirm that the amounts of gold and other metals in this targeted location are economically recoverable, we plan to proceed with the development of mining operations there as rapidly as possible.a

With help from DVA, GTSO will continue to explore traditional mining opportunities in West Africa, where ASN and its affiliates develop mining and logistics operations to support the excavation and trade of tungsten and other in-demand minerals.

The exploration of traditional mining operations in Africa is only one of GTSOas ongoing mining projects. The company is also working to increase its footprint in the booming urban mining industry and has already engaged in initial talks with potential acquisition and joint venture targets.

GTSO plans to service a fast-growing global appetite for rare and precious metals to compete in an exciting sector that includes FMC Corp. (NYSE:FMC),North American Tungsten Corp. Ltd. (TSXV:NTC.V), Newmont Mining Corp.(NYSE:NEM), and Rio Tinto (NYSE:RIO).

AboutGreen 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 ].

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