Global Gold Appoints Hrayr Agnerian Senior Vice President

Market Wire (press release)
Jan 4 2007

Global Gold Appoints Hrayr Agnerian Senior Vice President

GREENWICH, CT — (MARKET WIRE) — January 05, 2007 — Global Gold
Corporation (OTCBB: GBGD) () is pleased to
announce the appointment of Toronto based geologist Hrayr Agnerian of
Scott Wilson Roscoe Postle Associates, Inc. to the position of Senior
Vice President for Exploration and Development. Mr. Agnerian has been
a member of the board of directors of Global Gold, but agreed to step
down from the board as of December 31, 2006 to maintain an
independent board of directors. He brings over thirty years
experience in the international mining and exploration field with a
substantial background in uranium properties.

Prior to joining Scott Wilson Roscoe Postle, Mr. Agnerian was a
District Geologist with the Saskatchewan Mining Development
Corporation (now Cameco Corporation), where he was responsible for
organization and management of exploration projects and monitoring of
exploration joint ventures. He has also worked as a Senior Project
Geologist with senior and junior mining companies. Mr. Agnerian is
fluent in Armenian, French, and Spanish. He has a working knowledge
of Arabic, Dutch, Italian, Portuguese, Russian and Turkish.

Mr. Agnerian has extensive experience in mineral exploration
activities, from project generation through management. He has worked
in a variety of geological environments across Canada, as well as in
Kazakhstan, Armenia, Brazil, Chile, Cuba, Guyana, Kenya, Lebanon,
Mali, Mexico, Panama, Peru, Portugal, Russia, South Africa, Spain,
Suriname, Tanzania, the United States and Venezuela. As a Consulting
Geologist since 1987, Mr. Agnerian has worked on a variety of
projects involving estimation of Mineral Resources and Mineral
Reserves of gold, massive sulphide and uranium deposits, gemstones
and industrial minerals.

Mr. Agnerian has a B.Sc. Degree from the American University of
Beirut in Lebanon, a Diploma in Mining Exploration from Delft, the
Netherlands, and a M.Sc. (Applied) Degree from McGill University. He
is a member of several professional associations and has published on
the uranium deposits of the Athabaska Basin in Saskatchewan, the
Vezza Gold Deposit in northwestern Québec, the copper, gold and
silver deposits of Chile, the Contour Method of estimating resources
and valuation of exploration properties.

Global Gold Corporation is an international gold mining, development
and exploration company with mining properties in Chile and Armenia.
Global Gold Corporation is located at 45 East Putnam Avenue,
Greenwich, CT 06830. The phone number is 203-422-2300. More
information can be found at

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.

Contact:
Andrew Barwicki
Email Contact
203-422-2320

From: Emil Lazarian | Ararat NewsPress

www.globalgoldcorp.com
www.globalgoldcorp.com.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS