Capital Gold Corp. (CGLD) is a gold production and development company.CGLD owns the El Chanate gold property in Sonora, Mexico. The 2007 updated proven and probable gold reserve is 832,000 ounces.
During December and January two third year University of Sonora mining engineering students are getting practical mining experience at Capital Gold’s El Chanate Gold Mine, located near Altar Sonora. Arturo Aguilar, the chief mine engineer, is shown with students Silvia Rubio (on the left) and Adriana Magaña (on the right) on the 479 meter bench of the El Chanate Mine Phase One pit. Cooperative education for Mexico’s future mining professionals is encouraged by Capital Gold Corporation’s Mexican subsidiary Minera Santa Rita S de RL de CV.