The company is currently evaluating potential mining acquisitions and partnerships in Guyana.
GTSO CEO Paul Watson said the company has initiated talks with a gold developer that owns the rights to a potentially lucrative claim in western Guyana.
"We’re investigating the possibility of forming a strategic partnership with this developer or acquiring it outright. GTSO is very interested in South American gold prospects, and we’ll continue to seek out promising deals in the region," Watson said.
The company is also investigating prospects across the state of Alaska for possible acquisition targets containing potentially valuable mineral assets.
GTSO is engaged in the exploration of precious metals production across the globe.