Global Gold Corporation - International Gold Mining, Development and Exploration in Armenia and Chile

Global Gold Corporation Names Ambassador Harry Gilmore (Ret) to Board

Greenwich, CT -- December 8, 2006 -- Global Gold Corporation (OTCBB-GBGD) ( today announced that former United States Ambassador to Armenia Harry Gilmore was elected as an independent director effective January 1, 2007. "It is a real pleasure to welcome Ambassador Gilmore to our board; his experience, record of accomplishment and integrity exemplify the best standards. As Global Gold continues to grow, we look forward to benefiting form his insights and guidance," said Board chairman Drury J. Gallagher.

Ambassador Gilmore is a retired Foreign Service Officer. In his thirty-five year career in the United States Foreign Service, Ambassador Gilmore held a number of senior positions. He served as the first U.S. Ambassador to the Republic of Armenia from May, 1993 to July, 1995. His other senior positions included Deputy Commandant for International Affairs, U.S. Army War College (1991-1992) and U.S. Minister and Deputy Commandant of the American Sector, Berlin (1987-1990). Following the reunification of Germany, he served as Principal Officer of the U.S. Embassy Office, Berlin (1990-1991).

Earlier in his Foreign Service career Mr. Gilmore served as Deputy Chief of Mission, U.S. Embassy, Belgrade (1981-1985) and Director, Office of Central European Affairs, U.S. Department of State. His other overseas postings included Munich, Moscow, Budapest and Ankara. Mr. Gilmore's final assignments as a Foreign Service Officer were devoted to the education and training of Foreign Service and other U.S. Government personnel assigned abroad. He was Dean of the Senior Seminar at the Foreign Service Institute (1996-1997) and Dean of Area Studies (1995-1996).

Mr. Gilmore received a B.A. degree from the University of Pittsburgh. He did graduate work in Russian and East European studies at Indiana University and George Washington University. Ambassador Gilmore is married to Carol Louise Kunz. They are both from Clairton, Pennsylvania. They have three children and five grandchildren.

To the extent that statements in this press release 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 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.

Global Gold Corporation
International Corporate Center at Rye
555 Theodore Fremd Avenue, Suite C208
Rye, New York 10580
Tel: 914-925-0020
Fax: 914-925-8860

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