GTSO: Chery Minerals Targets Core Gold Assets in W. Africa

Chery Minerals, LLC, the company with which Green Technology Solutions, Inc. (OTCBB:GTSO) is negotiating a strategic partnership, announced this week that it has identified a collection of core gold assets in West Africa.

Currently, Chery Minerals is taking steps to secure safe logistics routes to transport the gold assets to a refining center where a sample of the greater assets can be processed. The company plans to use Bruker AXS handheld XRF analyzers to test the gold at its point of origin before it is shipped for processing.

“We're very pleased with Chery Minerals' progress in West Africa, and we look forward to the results of the sample processing,” said GTSO CEO Paul Watson. “GTSO remains committed to completing a definitive agreement with Chery in time to share in any profits yielded from this exciting project.”

As gold prices remain strong in the face of the global recession, it has rarely—if ever—been more profitable to mine and develop gold resources than it is today. Demand for the yellow metal is growing around the world, with East Asia, Central Asia and the Middle East accounting for approximately 70 percent of world demand. India, China, the U.S., Turkey and Saudi Arabia represented over half of world demand. A different set of socio-economic and cultural incentives drives each market, creating a diverse range of factors influencing demand that have proven resilient to recent economic turmoil.

“After a historic year in 2011, gold is poised to enjoy a tremendous 2012,” Watson said. “GTSO is working to capitalize on this market trend by involving itself in development efforts on three continents. Once our strategic partnership with Chery Minerals is finalized, we'll continue to pursue new claims and opportunities in North and South America, as well.”

GTSO plans to service a fast-growing global appetite for rare and precious metals to compete in an exciting sector that includes Kinross Gold Corp. (NYSE: KGC), Newmont Mining Corp. (NYSE: NEM), SPDR Gold Shares (NYSEArca: GLD) and Yamana Gold Inc. (NYSE: AUY).

To track gold's meteoric rise and learn more about GTSO's resource development initiative, please visit www.gtsogold.com/investors.

About Green Technology Solutions, Inc.

Green Technology Solutions, Inc. [www.GTSOgold.com] is a growth-oriented company exploring precious metals production around the world. To learn more, please visit our website at www.GTSOgold.com/investors.

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