GTSO Steps Up Pursuit of Urban Mining Targets in Chile

  GTSOSteps Up Pursuit of Urban Mining Targets in Chile

Business Wire

SAN JOSE, Calif. -- January 9, 2013

GTSO Resources, the mining subsidiary of Green Technology Solutions, Inc.
(OTCBB: GTSO), will evaluate potential acquisitions and partnering
opportunities in Chile’s urban mining sector in 2013, the Company announced

In line with GTSO’s focus on urban mining opportunities in emerging
economies,the Company has already commenced with on-the-ground due diligence
on a number of Chilean firms through its consultants at CCI Capital SpA. GTSO
operations consultant Rodrigo Cordova is currently in Chile to further talks
with the company’s targets near Santiago.

“We’re looking for partners that can provide comprehensive management services
and processes for the recycling of electrical and electronic equipment in
Chile,” said GTSO CEO Paul Watson. “We’re in talks now with some prominent
e-waste recyclers there that we look forward to announcing and working with in
the very near future.”

Chile has been a major focus of GTSO’s efforts to expand its urban mining
footprint due to its high rate of industrialization, affordable labor and
local business connections with CCI Capital. Today, more than 95 percent of
Chileans have a mobile phone. These phones have an average life span of less
than two years, and a huge market is developing in Chile and around the world
to keep the highly valuable and highly toxic materials used to build them out
of landfills.

Urban mining is a major pillar of the Company’s plans to compete alongside
major international corporations striving for sustainable manufacturing
solutions, such as Sprint Nextel Corp. (NYSE:S) and Toyota Motor Corporation
(NYSE:TM). Late last year, GTSO acquired the company Green Urban Mining to
handlethe company’s recycling and resale operations.

The company is also exploring traditional mining opportunities in the U.S. and
Africa through its joint venture withDiamond V Associates.

AboutGreen Technology Solutions, Inc.

Green Technology Solutions, Inc. [] is a growth-oriented
company exploring rare earth minerals and precious metals production around
the world. To learn more, please visit the website

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Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
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