GTSO Resources, an emerging tungsten mining company, today reported that it has reached a framework joint venture agreement to explore mining projects and operations in North America and Africa.
According to GTSO CEO Paul Watson, an agreement is expected to be signed with experienced exploration and excavation specialists Diamond V Associates, Inc. (NYSE:DVA).
"Now that we have reached a workable structure, executives from both companies are now finalizing a joint venture contract," Watson stated. "We hope to move forward with a signed agreement by the end of this week."
As terms of the joint venture, GTSO would provide funding and expertise in exchange for DVA's help researching, planning, and developing promising reserves of tungsten and other valuable minerals in North America and Africa.
For more information on GTSO Resources' aggressive growth plans, please visit gtsoresources.com/investors.html
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