MONTREAL, Dec. 13, 2011 /PRNewswire/ -- Caldera Resources Inc.

Global Gold Corporation (OTCBB: GBGD) is pleased to announce that its exploration, test mining, and processing work has uncovered a significant gold and silver discovery in the Central Area of its Toukhmanuk property in the north central mineral belt of Armenia.

Global Gold Corporation (OTCBB: GBGD) (www.globalgoldcorp.com) announced today that it has concluded a review of its options with the termination of the July 31, 2008 agreement to sell all of its Chilean Operations to a private company.

Global Gold Corporation (OTCBB: GBGD) (www.globalgoldcorp.com) announced today that it has entered into an agreement to sell all of the Company's interest in its mining claims and properties in Chile (the "Chilean Interests") in exchange for five million dollars ("Purchase Price") to Madre Gold, LLC a private Delaware Limited Liability Company ("MG").

Global Gold Corporation (OTCBB: GBGD), an international gold mining, development and exploration company with mining properties in Armenia, Chile and Canada, held its annual shareholders meeting as noticed last Friday (www.globalgoldcorp.com).