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GTSO JV Partner Identifies Promising Tungsten Reserves in Alaska

SAN JOSE, Calif.--()--While the details are still private pending core sample testing and securing claims, Green Technology Solutions (OTCBB:GTSO) mining subsidiary GTSO Resources announced today that its new joint venture partner Diamond V Associates (DVA) has identified tungsten resources near Alaska’s Yukon River for potential excavation.

“As the DVA team nears the end of its current project in Alaska, Kirk is already vetting promising new mining prospects throughout the state.”

“DVA President Kirk W. Bastian has wasted no time in identify potential mining prospects in line with our JV agreement,” said GTSO CEO Paul Watson. “As the DVA team nears the end of its current project in Alaska, Kirk is already vetting promising new mining prospects throughout the state.

“We are excited about the prospects for our company moving forward now that we have an experienced group on the ground in DVA to vet and manage deals in Alaska’s mineral-rich territories.”

Due to its unique hardness, tungsten is essential to the manufacture of all kinds of crucial machinery from wind turbines and ballistic missiles to tablet computers and smartphones. Fears of a global supply shortage have sparked sharp rises in the price of tungsten recently.

Most of the world’s supply of tungsten comes from China. Trade representatives from the U.S., Japan and the European Union have asked for the World Trade Organization to establish a dispute settlement panel to rule on claims that China is unfairly restraining exports of tungsten, rare earths and other minerals.

GTSO signed a joint venture agreement with DVA earlier this month to identify and develop tungsten resources in North America and Africa to help ensure stable supplies of the critical metal outside of China’s control.

GTSO plans to service a fast-growing global appetite for rare and precious metals to compete in an exciting sector that includes Goldcorp Inc. (NYSE: GG), Newmont Mining Corp. (NYSE: NEM), Royal Gold, Inc. (NASDAQ: RGLD) and Barrick Gold Corp. (NYSE: ABX).

About Green 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.

Notice Regarding Forward-Looking Statements

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,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors 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 anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

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