GoldStar Technologies, Inc. Advances F-GEM Technology for Commercialization and Releases an Exclusive Video of its Proprietar...
14 May 2015 - 11:00PM
Access Wire
PHOENIX, AZ / ACCESSWIRE / May 14, 2015 /
GoldStar North American Mining, Inc. (OTCMKTS:GDSR) as part of its
ongoing transition to its GoldStar Technologies, Inc. mandate
announced today as part of its North American coverage, the company
is announcing the release of video footage of their proprietary
F-GEM Technology, in operation, on their website. This cutting edge
technology incorporates some of the most advanced fine precious
metals recovery intelligence with a revolutionary approach to
permanent magnet separation/capture technology.
"I felt it is important to release these videos so that our
shareholders and potential partners globally can clearly see that
this is much more than a concept but rather, many years of work
that has resulted in operating and proven technology ready for
scaled commercialization." Stated CEO, Matthew D. Hay.
This system not only uses ultra strong rare earth permanent
magnets, specifically designed and created for this task, but also,
the proprietary alignment and positioning of the resulting magnetic
fields. The result is an incredibly effective, efficient and
environmentally friendly recovery system that can be brought to
bear on almost any material type.
Samples of material from some of the most financially and
geographically attractive sources have been identified and continue
to be received for analysis and testing at our facility. Testing
has commenced on our first set of samples with detailed data
analysis to follow. Fine gold particle sizes as small as 400 mesh
have been recovered with regularity, including in the most recent
tests.
The machines are easily transportable and can be shipped ready
for assembly and utilization within hours of unpacking. The labor
involved is minimal and is conducive to be implemented in the most
remote and logistically challenging areas. All that is required is
a small power source and clean water that can be recycled, and any
spare parts considered necessary. The operation can function with a
maximum of two people.
Mr. Hay further commented "We are very pleased with the test
results being conducted on the source materials. Early indicators
have demonstrated the collection of extremely small particles of
precious metals and preliminary financial viability analysis shows
very promising possibilities. We continue to strive towards
discovering and engaging the best material sources in order to
maximize our results and profitability in an intelligent and
deliberate fashion. I would also like to stress the environmental
friendliness of this technology - low power and water requirements
and absolutely chemical free. We remain committed to providing
ongoing 'in operation' and other updates to demonstrate Goldstar
Technologies ongoing performance and growth potential and
success."
Please visit the website to view the videos of the F-Gem
Technology at www.goldstarmining.com.
About GoldStar Technologies, Inc.
Phoenix, Arizona-based GoldStar Technologies, Inc. is a
technology provider company who also own land and carry out fine
precious metals extraction operations on prime gold-bearing
properties in North America. In addition GoldStar Technologies,
Inc. is a technology provider to the mining, power, food
preparation, health care, and engineering sectors. The company's
legal team continues its process of facilitating a proposed name
change to Gold Star Technologies Inc. (GSTI).
Safe Harbor
Statements released by Gold Star that are not purely historical
are forward-looking within the meaning of the "Safe Harbor"
provisions of the Private Securities Litigation Reform Act of 1995,
including statements regarding the company's expectations, hopes,
intentions, and strategies for the future. Investors are cautioned
that forward-looking statements involve risk and uncertainties that
may affect the company's business prospects and performance. The
company's actual results could differ materially from those in such
forward-looking statements. Risk factors include but are not
limited to general economic, competitive, governmental, and
technological factors. The company does not undertake any
responsibility to update the forward-looking statements contained
in this release.
Contact:
Gold Star Technologies, Inc.
Tel: 602-772-3968
E: IR@goldstarmining.com
SOURCE: Gold Star Technologies, Inc.
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