TORONTO, Nov. 14, 2012 /CNW/ - Gold World Resources Inc. (GDW - TSX Venture) (the "Company") is saddened to announce the retirement of Hermann Derbuch as Chairman and Chief Executive Officer ("CEO") of the Company effective immediately due to health concerns. In his absence, Domenico Bertucci, currently CFO of the Company will also take on the temporary role of Chief Operating Officer ("COO"). The Company is in discussions with potential candidates to replace Mr. Derbuch and advance the Company's Mount Anderson Yukon gold/silver, polymetallic project ("Mt. Anderson").

Mr. Derbuch has been Chairman and CEO of the Company since September 2006, and has guided the Company through some very difficult times including the global economic downturn in September 2008. Mr. Derbuch was responsible for securing the Company's Option Agreement to acquire a 100% interest in Mt. Anderson. The Company wishes to express its gratitude to Mr. Derbuch, and wish him all the very best during his retirement.

About Gold World Resources Inc.:
The Company is a precious and base metals exploration company focusing on Mt. Anderson.

ON BEHALF OF THE BOARD
Domenico Bertucci ,
CFO and COO
Gold World Resources Inc.

This Press Release may contain forward-looking statements (including "forward looking information" within the meaning of applicable Canadian securities legislation) related to the Company's activities which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws. The forward-looking statements contained herein are expressly qualified by this disclaimer. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE: Gold World Resources Inc.