SAN JOSE, Calif.–()–Green Technology Solutions, Inc. (OTCBB:GTSO), an emerging precious metals exploration company, announced today that it extended its option to explore a potential acquisition or strategic partnership with the mineral development companyChery Minerals, LLC.
&8220;Rising demand is turning Africa into an increasingly high-reward market for gold developers&8221;
Currently, Chery Minerals is working to develop new gold resources in the African nations of Mali, Burkina Faso and Ghana. GTSO extended its option agreement with Chery in order to continue talks with capital investors interested in joining the African mining efforts.
Rising demand is turning Africa into an increasingly high-reward market for gold developers, said GTSO CEO Paul Watson. GTSO continues to develop its relationship with Chery Minerals to enable the Company to capitalize on the incredible rise in gold prices. The African gold industry remains one of the worlds largest developers of gold resources and presents a ntastic growth opportunity for the coming years. Its the perfect market for an aggressive startup like GTSO with an expansive international network.
GTSO is not alone in its efforts to capitalize on the opportunity in Africa. The major mining company Randgold Resources has produced approximately 5.8 million ounces of gold and distributed more than $1.6 billion to stakeholders over the last decade thanks to its development efforts in southern Mali. The company expects to be producing 1.2 million ounces of gold per year by 2015. Tanzanian-based gold company Barrick Gold PLC, reported dramatically increased profits in the third quarter of this year wow gold selle, triggered by a boost in increased production and high gold prices. The companys net profit for the period jumped to $102 million, exceeding projections.
The success of other companies within this sector has been incredible,Perpetuum Nic and we believe Africa is the next frontier for significant gold development opportunities, Watson said.
GTSO plans to service a st-growing global appetite for rare earth and precious metals to compete in an exciting sector that includes Kinross Gold Corporation (NYSE:KGC), MV Rare Earth/Strategic Metals (NYSEArca: REMX), SPDR Gold Shares (NYSEArca: GLD) and AngloGold Ashanti (NYSE:AU).
To track golds meteoric rise and learn more about GTSOs resource development initiative,RuneScape Gold. please visit
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc. [ is a growth-oriented company exploring precious metals production around the world. In addition to gold, GTSO pursues the acquisition of rare earths and emerging clean technology innovations. To learn more, please visit our website at
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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 World of Warcraft US Gold, expects, anticipate or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other ctors 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 anyones past success gold farming runescape, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth aPerfect World goldbove 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
infogreentech-solutions.com
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