*New Press Release*
March 1st, 2011
Caldera gets OK from Government of Armenia

Caldera Resources – Advancing Gold Projects in the Republic of Armenia

Caldera holds a 55% interest exness in the Marjan Gold-Silver project with a purchase obligation to acquire 100% of the project from Global Gold Corporation, by December 2012. The Marjan project is located in southern Armenia and has Soviet-Era historical resources classified as C1 and C2, which is equivalent to measured and indicated resources, totalling 405,147 oz of Gold and 14.2M oz of Silver. The project also contains Soviet-Era historical resource classified as P1, which is equivalent exness asia to inferred resources, totaling 647,152 oz of Gold and 37.1M oz of Silver.

View Marjan Gold and Silver Deposit
Central Zone Historical Resource Report
English Translation

The goal of our current work program is to move towards qualifying this significant historical resource.

*A qualified person has not done sufficient work exness.net.pk to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon or understood to indicate the existence of reserves or resources. More details are available on our recently published NI 43-101 Technical Report which can be found on our website and on SEDAR.

According to the Committee for Mineral Reserves International Reporting Standards (CRIRSCO), “C1″ and “C2″ classifications are equivalent to “indicated” and “inferred” resources. Resources identified as “P1″ and “P2″ can be considered in the “Inferred” and “Mineralized Zone” categories respectively, as defined by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) in their document “Estimation of Mineral Resources and Mineral Reserves Best Practices Guidelines”.

View Marjan Gold and Silver Deposit
Central Zone Historical Resource Report
English Translation