SOURCE: Triton Distribution Systems, Inc.

Triton Distribution Systems, Inc.

May 05, 2011 08:00 ET

Triton Introduces Initial Business Plan for the Launching of the Mining Operations

TIBURON, CA--(Marketwire - May 5, 2011) - Triton's (PINKSHEETS: TTDZ) management has decided to publish an initial business plan for the launching of the mining operations that are scheduled to start May 25th, 2011. Copy of the business plan is attached.

The complete business plan will be available by the end of June 1, 2011 and will be made available to the shareholders via a public announcement.

Both principal companies that own the majority shares of Green Earth Partners, LLC, GEO Green Earth Operations, Inc. and Triton Distribution Systems, Inc. made arrangements for personnel and purchased equipment to start the launching of the mining operations. Mining operations are targeted to start May 25th, 2011. The initial operation will involve extracting gold and silver from 1,800 tons of tailings readily available on the Golden Arrow property.

It is important to note that the company will use a proprietary water filtration system and a green process technology developed to extract and refine gold and silver.

It is estimated that the total sales forecast of gold and silver extracted from the tailings have an approximate value of $7.8 Million. From there on the Company will continue its mining operations as originally planned.

FORWARD-LOOKING STATEMENTS
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. The company's operations and business prospects are always subject to risk and uncertainties.

Contact Information

  • Contact:

    Triton Distribution Systems, Inc.
    Gregory Lykiardopoulos
    CEO
    415-381-4806