Green Technology Solutions, a rare earth and precious metals production company, yesterday announced that its mining subsidiary GTSO Resources has signed a letter of intent (LOI) with a Canadian entity to aid in the implementation of urban mining deals in Chile.
Chile boasts rich mining opportunities, which Green Technology said makes it an ideal location for GTSO to expand operations and strategy to mine for tungsten and lithium, in particular.
The Canadian organization has offices in Canada and Chile, backed by experience in the identification, structuring, and development of international business endeavors. GTSO said it plans to present the specialist firm with a consulting arrangement regarding emerging urban mining opportunities in Chile while leveraging the firm’s expertise.
“This is a company that provides tremendous local support both governmental and corporate to facilitate, negotiate and operate urban mining deals in Chile for our current acquisition and joint venture targets there,” GTSO CEO Paul Watson stated in the press release. “We’ve signed the LOI, which will allow us to explore different ways to work with this company to achieve our goals.”
For more information visit www.GTSOresources.com
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