Tuesday, May 22, 2012

Green Technology Solutions, Inc. (GTSO) Advances to Negotiations with Alaskan Mining Company

Green Technology Solutions today announced it is progressing with discussions on a potential partnership or joint venture with Diamond V Associates. With the due diligence period almost completed, Green Technology Solutions aims acquire and develop new tungsten prospects in the U.S. and around the globe.

The company believes Diamond’s extensive mining experience could be a huge asset as it moves forward to bring new sources of tungsten online. Diamond’s president, W. Kirk Bastian, has accumulated 21 years of experience in the mining and excavation business. The company has extensive contacts in Alaska, the West African nation of Ghana, and other mining hotbeds in a range of minerals.

Green Technology Solutions is already evaluating Diamond’s prospects for tungsten and other metal resources. If a definitive agreement is reached, both companies will start targeting promising new reserves around the world for excavation.

The northwest region of North America is a major focus of the company’s mineral strategy. Last week, one of its representatives conducted site visits and began preliminary due diligence on mining prospects in western Canada.

For more information on GTSO Resources’ aggressive international mineral development plans, please visit www.gtsoresources.com/investors.html

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