> About Capital Gold Corp

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.

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CAPITAL GOLD CORP
Headquarters

76 Beaver St - 14th floor
New York, NY 10005 USA

Phone: (212) 344-2785
Fax: (212) 344-4537

Web:www.capitalgoldcorp.com

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Symbol:   CGLD.OB
Last Price:   0.64 USD
Volume:   168316
Symbol:   CGC.TO
Last Price:   0.64 CAD
Volume:   1000
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Officers

CHRISTOPHER M. CHIPMAN,

Chief Financial Officer.  Mr. Chipman has been our Chief Financial Officer since March 1, 2006.  Since November 2000, Mr. Chipman has been a managing member of Chipman & Chipman, LLC, a consulting firm that assists public companies with the preparation of periodic reports required to be filed with the Securities and Exchange Commission and compliance with Section 404 of the Sarbanes Oxley Act of 2002.  The firm also provides outsourced financial resources to clients assisting in financial reporting, forecasting and accounting services.  Mr. Chipman is a CPA and, from 1996 to 1998, he was a senior accountant with the accounting firm of Grant Thornton LLP. Mr. Chipman was the Controller of Frontline Solutions, Inc., a software company (March 2000 to November 2000); a Senior Financial Analyst for GlaxoSmithKline (1998-2000); and an Audit Examiner for Wachovia Corporation (1994-1996).  He received a B.A. in Economics from Ursinus College in 1994.  He is a member of the American and Pennsylvania Institute of Certified Public Accountants.  Mr. Chipman devotes approximately 50% of his time to our business.

SCOTT HAZLITT,

Vice President – Mine Operations, has been a geologist since 1974. He has been providing geological consulting services to the Company since November 1999. From 1995 to 1999, he was chief Geologist for Getchell Gold Corp. Mr. Hazlitt received a B.S degree in Geology from Fort Lewis College in 1974 and a M.S. degree in Economic Geology from Colorado State University in 1985.