Tuesday, April 30, 2013

Local Environmental NGO ECOLUR Demanding Global Gold Shut down TOUKHMANUK Gold Mine

The Environmental NGO's just want Global Gold to shut down their operations. WHY?

There appears to be environmental damage to the locla environment and citizens from surrounding communities, especially the Village of Melik, do not support the building of a thrid Tailings Damn,

You would figure that Mr. Van Z. Krikorian, a "respected" lawyer and Trustee of the Armenian Assembly of America, would make sure the Armenian people that he has been fighting for all his life are not trampled upon by a corporation that does not appear to take care of their environmental responsibilities. But Mr.Van Z. Krikorian is the President, Director and Corporate Counsel of Global Gold Corp. the Operator of the TOUKHMNUK Gold Mine.

Read the open Letter below or click on this Link to take you to the site :

Union of Greens of Armenia and Public Environmental Alliance Addressed Open Letter to Global Gold Corporation Owner

Union of Greens of Armenia and Public Environmental Alliance Addressed Open Letter to Global Gold Corporation Owner
14:31 January 28, 2013

The Union of Greens of Armenia and the Public Environmental Alliance has circulated in social networks and press an open letter addressed to the Chairman and CEO of Global Gold Corporation Van Krikorian. The letter particularly says, "American" Global Gold "Corporation develops a number of mines in opencast manner in Armenia destroying and polluting the environment. Tukhmanuk is one of these mines, the main stock of its Shares belongs to Van Krikorian. Meliq Village is located next to the mine. Water Supply and Drainage Systems have already been Destroyed in the territory. The quality of drinking water and irrigation water has deteriorated to a huge extent. Water will not turn into one unsuitable for use, If the volume of ore is increased. Two tailing dumps are located on the sloped of the gorge of Getik River. The content of the tailing dumps overflows to the Getik River, flows into the Kasagh Which Further, Hrazdan and Araks Rivers. That is, the Operation of the Tukhmanuk undermnines not only Melik Village and neighboring VILLAGES, but the Whole Ararat Valley. Toxic wastes and tails contain heavy metals, which find themselves in land areas and agricultural products through the irrigation system. In floured condition they are spread via winds polluting air, plough land areas, pastures and water springs. Moreover, At present Global Gold has Proposed to construct the tailing dump next to the First Third Two ones. Meliq Villagers State the number has increased since the Development of Cancer Diseases was launched, especially Women and Children is the Situation with rather serious. The Villagers are defenseless in regard with the prevention and relief of serious consequences. During our meetings it became clear that many of us are afraid of pressure and can not oppose to the construction project of a new tailing dumps and increase in ore mining. "

The village is in dirt poor. So far the company has not implemented any social program in the village. While the villagers make income not from the mine, but from high-mountain meadows, black-earth soil which give magnificent opportunities for the development of agriculture. All this is under the hazard of complete destruction, which will turn into a huge loss for Armenia, and a direct way to migration for the villagers.

The operation of Global Gold resulted in the drastic reduction of crop productivity of agricultural land areas of Meliq village, restriction of pastures and decrease of incomes. Poverty is getting deeper and deeper. The Armenian peasant will not be able to deal with his / her main activities when losing water and land areas and has to be hired for a low-paid work in mines.

Mr. Krikorian,
The disasters caused by you are presented as investments into creating working places and charity. For comparison we would say that in 2009 your monthly salary was US $ 18,500, while US 0 designed as salaries for workers were paid with great delay after legal proceedings. And all this refers only to one mine, and what will happen, if the corporation reaches Hanqavan, Marjan and Getik, where there uranium and thorium. The Armenian Assembly of America, the member of which you are, deserves the honor and trust of the Armenian people. Nevertheless, all this is undermined by the activities of Global Gold. Receiving the Powers of the Administration of the National Institute of Armenia, you will have your contribution into the Implementation of the Armenian Genocide. We, the undersigned, to immediately Demand Demand to Stop the Operation of the Company in Armenia, Unless Caused damage to the meliq Village and Armenia is DeTeRmInEd and Consequences studies and are compensated, "says the Letter.

About this Blog:  Between 2009 and 2012 I was an active investor in the mineral exploration sector in the Republic of Armenia.  Our main project in Armenia was the MARJAN polymetallic gold and silver project located in near Sissian.  My JV partner, Mr. Van Z. Krikorian, President of Global Gold Corp (otcqb: GBGD) and Trustee of the Armenian Assembly of America, used corrupt means including using his influence with the US EMBASSY in YEREVAN to secure an indictment against me for theft of the JV and to corrupt the Armenia judicial system to give him a favourable ruling.

Mr. Van Z. Krikorian is the President, CEO and Legal Counsel of Global Gold Corp. (otcqb:GBGD), a penny stock listed on the OTC  markets. His public filings with the US Securities and Exchange Commission  fail to fully disclose the reality on the ground in Armenia in the promotion and development of GBGD's gold project, the TOUKHMANUK GOLD MINE.

This blog is an effort to bring transparency of the activities of Global God Corp. (otcqb: GBGD) and Mr. Van Z. Krikorian in Armenia.

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