CHILE

Chile, renowned for its mining industry, is the third largest producer of gold in Latin America.  The country is politically stable and has a prosperous free market economy.   As an investment grade country with a pro-mining legal climate, Chile represents the model country for foreign investment in exploration, development, and mining.

Disclaimer:  To the extent that statements are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company’s development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.  Former Soviet country or “GKZ” estimations are presented for historical reporting and to provide a basis for assessing Global Gold’s choices for its business activities and not to be understood as indicating the existence of reserves or resources.