SAN JOSE, Calif.--(BUSINESS WIRE)--A European smelter found gold, silver and other precious metals in an initial sample shipment of electronic-waste sent by Green Technology Solutions Inc. (OTCBB: GTSO) and its partners, GTSO announced today.
GTSO and partner Chilerecicla are pleased with the smelter’s findings. Sent as a trial that could potentially lead to more shipments, final valuation revealed the sample contained 1.3 tons of copper, 5.5 kilograms of silver and 0.5 kilograms of gold.
GTSO and Chilerecicla are confident the shipment provides proof of concept and is the prelude to future e-waste transactions with this and other European smelters.
“It is exciting to literally strike gold in our first business transaction with this smelter,” GTSO CEO Paul Watson said. “We expect this transaction to be a springboard to future business dealings with this and other overseas smelters.”
Urban mining is pivotal to GTSO’s vision to compete alongside major international corporations striving for sustainable waste solutions, such as Covanta Holding Corporation (NYSE: CVA), Industrial Services of America (NASDAQ: IDSA) and Sims Metal Management Ltd. (NYSE: SMS). In 2012, GTSO acquired the company Global Cell Buyers and soon after rebranded the company as Green Urban Mining to handle its domestic recycling and resale operations.
About Green 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 http://www.gtsoresources.com/investors.html.
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