Archive for the ‘Green Technology Solutions Inc. (GTSO)’ Category

Green Technology Solutions, Inc. (GTSO) Subsidiary Signs Joint Venture Agreement

Monday, June 11th, 2012

GTSO Resources, subsidiary of Green Technology Solutions, signed a joint venture agreement with Alaskan mining company, Diamond V Associates, Inc. (www.akdva.com). The joint venture represents a major step forward in the company’s mission to deliver tungsten and other minerals to a thriving global demand.

GTSO will provide funding and business expertise in exchange for DVA’s expertise in researching, planning, and developing promising reserves of tungsten and other valuable metals in North America and Africa. Both companies have been prospecting and reviewing resources and will now engage to target and evaluate new and existing mineral excavation opportunities globally.

“After months of strategy development and negotiations, we are confident Diamond V Associates will be a strong ally in our mission to secure reliable supplies of tungsten and precious manufacturing metals to thriving industries within the U.S. and abroad,” stated GTSO CEO Paul Watson. “Diamond’s president, W. Kirk Bastian, brings 21 years of experience in the mining and excavation business to the table, and his company has extensive contacts in Alaska, Africa, and other mining hotbeds with a range of minerals.”

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

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Green Technology Solutions, Inc. (GTSO): Is Tungsten Becoming an Endangered Element?

Tuesday, June 5th, 2012

Tungsten, one of the world’s most critical commodities, is at risk of becoming an endangered element—potentially crippling the global manufacturing economy. GTSO is dedicated to ensuring U.S. manufacturers have access to strained tungsten supplies before prices for the heavy metal rise even higher.

There’s virtually no substitute for tungsten and its many crucial manufacturing uses. It’s used for hardening construction and drilling tools, military ordnance, and other megadurable applications. Without tungsten, it might not even be possible to mine other, more precious metals like platinum or palladium. Yet access to this critical metal is being threatened.

China produces more than 85 percent of the world’s tungsten supply. When the emerging superpower restricted sales of ammonium paratungstate (APT), the main form in which tungsten is sold, the price doubled. For that reason, the metal was one of last year’s best performing commodities, rising 35 percent in value. Tungsten appears to be following the same path as rare earths.

GTSO, an emerging tungsten mining company, is positioning itself at the forefront of the exploration and development sector as demand for technologies that rely on tungsten rises across the globe. Currently, the company is close to signing a joint venture agreement to explore mining projects and operations in North America and Africa.

GTSO CEO Paul Watson anticipates signing an agreement with experienced exploration and excavation specialists Diamond V Associates, Inc. (DVA) this week. The joint venture will allow GTSO to provide funding and expertise in exchange for DVA’s help researching, planning, and developing promising reserves of tungsten and other valuable minerals on an international scale.

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

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GTSO Resources, Inc. (GTSO) Reaches Framework Agreement with JV Target

Wednesday, May 30th, 2012

GTSO Resources, an emerging tungsten mining company, today reported that it has reached a framework joint venture agreement to explore mining projects and operations in North America and Africa.

According to GTSO CEO Paul Watson, an agreement is expected to be signed with experienced exploration and excavation specialists Diamond V Associates, Inc. (DVA).

“Now that we have reached a workable structure, executives from both companies are now finalizing a joint venture contract,” Watson stated. “We hope to move forward with a signed agreement by the end of this week.”

As terms of the joint venture, GTSO would provide funding and expertise in exchange for DVA’s help researching, planning, and developing promising reserves of tungsten and other valuable minerals in North America and Africa.

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

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GTSO Resources, Inc. (GTSO) Evaluates Tungsten Recycling Technology with Ambitions to Turn Waste into Wealth

Thursday, May 24th, 2012

Today before the opening bell, GTSO Resources said it is exploring innovative new techniques that are making tungsten recycling more profitable and environmentally sound than ever before. The emerging mineral exploration company continues preliminary discussions with tungsten miners and prospectors, as well.

Second only to diamond, tungsten is an extraordinarily hard metal. Its unique properties make the element critical to the manufacture of a wide array of indispensable items. As demand for the metal rises worldwide and available supplies tighten, a relatively simple new thermo-mechanical process allows recyclers to break down tungsten from alloys in drill bits, machine parts, and other products to produce a high-grade powder suitable for new manufacturing uses.

“We see incredible earning potential in tungsten recycling as this unique metal becomes more and more critical to modern life,” stated GTSO CEO Paul Watson. “In addition to profit potential realized through this technology, recycling also offers a much more environmentally friendly solution than mining to increase global supplies of this invaluable metal”

“GTSO will continue to pursue advantageous new agreements and potential partnerships with the emerging leaders in tungsten mining and exploration as we explore innovative ways to recycle waste and capitalize on the mineral’s soaring global demand,” he added.

GTSO isn’t the only company pursuing new opportunities in the booming tungsten market. IMC Group, a subsidiary of Warren Buffett’s Berkshire Hathaway, recently invested $70 million in the mining company Woulfe’s South Korean tungsten operations.

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

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

Tuesday, May 22nd, 2012

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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Green Technology Solutions, Inc. (GTSO) is “One to Watch” Next Week!

Friday, May 18th, 2012

Green Technology Solutions, via GTSO Resources, is an early-stage company poised for rapid growth by feeding the exploding demand for the versatile metal tungsten. With the demand for tungsten now far exceeding supplies, GTSO is capturing the opportunity to link with mining experts around the world, targeting tungsten mining companies for acquisition or joint venture. To date, the company has developed significant relationships with early and mid-stage mining experts and companies in the U.S., China, Africa, and South America.

Why tungsten? It’s natural to think of underground wealth in terms of things like gold or silver, oil or natural gas. But the hot underground commodity today is increasingly tungsten, a heavy super-hard grey metal so versatile that it has become virtually indispensable to modern life. Second only to diamonds in terms of measured hardness, it is essential to any type of application requiring toughness, precision, and the ability to withstand heat and wear, from missile parts to armor-piercing tank shells, from drill bits and saw blades to a whole range of electrical components.

The one problem with tungsten is that there simply isn’t enough of it. Demand has been growing, as more countries industrialize, but world tungsten production has actually been relatively flat. For years, the tungsten market has been dominated by China, the source of close to 90% of worldwide tungsten production. Today, as China’s own growing industries demand more tungsten, they’ve been cutting back on exports, causing prices to soar.

The price of tungsten jumped 35% in 2011, with steep increases continuing in 2012. It’s one of the reasons that Warren Buffett and Berkshire Hathaway unit IMC International Metalworking recently agreed to invest $80 million in a tungsten mining project in South Korea. Global supplies simply can’t keep up with global demand. The search for new resources begins now, and GTSO Resources sees itself as leading the way.

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