Company Facts

Through a wholly-owned subsidiary and an affiliate, Capital Gold Corporation owns 100% of 16 mining concessions located in the Municipality of Altar, State of Sonora, Republic of Mexico totaling approximately 3,544 hectares ( 8,756 acres or 13.7 square miles). We also own outright 466 hectares (1,151 acres or 1.8 square miles) of surface rights at El Chanate and no third party ownership or leases exist on this fee land or the El Chanate concessions. The 2006 updated proven and probable reserve is 832,000 ounces of gold.

We are constructing a surface gold mine and facility at El Chanate capable of producing about 2.6 million metric tons per year of ore from which we anticipate recovering about 44,000 to 48,000 ounces of gold per year, over a seven year mine life. The crushing and stacking of ore began in March, and we anticipate the first gold sales by the end of the second quarter of 2007.

Symbols:

OTCBB:CGLD
TSX:CGC

Directors :

Gifford A. Dieterle
Robert N. Roningen
Roger A. Newell
Jeffrey W. Pritchard
John Postle
Ian Shaw
Mark T. Nesbitt
John Brownlie

Legal Counsel:

Richard Feiner, Esq.
381 Park Avenue South
New York, NY 10016
212-779-8600

Randy Hubbard
Davis, Graham & Stubbs
1550 Seventeenth Street
Denver, Colorado 80202
(303) 892-9400

Transfer Agent:

American Stock Transfer & Trust Co.
59 Maiden Lane
New York, NY 10038

Officers:

Gifford A. Dieterle, Chmn./Pres./Treas
John Brownlie, Chief Operating Officer
Chris Chipman, Chief Financial Officer
Jeffrey W. Pritchard, Corporate Secretary, VP Investor Relations
Robert N. Roningen, Senior VP
J. Scott Hazlitt, VP Mine Development

Auditor:

Wolinetz, Gottlieb & Lafazan
5 North Village Avenue
Rockville Centre, NY 11570

Direct inquiries to:
Jeffrey W. Pritchard,
pritchard@capitalgoldcorp.com
VP-Corporate Relations.

Administrative Contact:
Josephine Scott, Asst. to the President
Josephine@capitalgoldcorp.com