Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 14, 2009, the Board of Directors of Capital Gold Corporation (the "Company") appointed John Brownlie to the office of President. Mr. Brownlie, 59, also serves as the Company's Chief Operating Officer and a director. Mr. Brownlie has served as the Company's Chief Operating Officer and a director since February 2007 and, from May 2006 through February 2007, as the Company's Vice President of Operations. He will continue in his new position under the terms of his current employment agreement entered into with the Company effective January 1, 2009. Mr. Gifford Dieterle will continue as the Company's Chief Executive Officer, Treasurer and Chairman of the Board of Directors.

Prior to joining the Company, from 2000-2006, Mr. Brownlie was a consultant providing mining and mineral related services to various companies including SRK, Oxus Mining plc and Cemco Inc. Between 1975-2000, Mr. Brownlie held senior level positions at Bateman Engineering in South Africa, Monarch Resources in Venezuela and Newmont Mining Corporation in Uzbekistan. Mr. Brownlie is also a director of Palladon Ventures, a mineral-related company which is publicly traded on the Toronto Stock Exchange.

The Company issued a press release announcing the appointment of Mr. Brownlie as President on September 18, 2009. A copy of the release is furnished with this report as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibits

99.1 Press Release issued by Capital Gold Corporation dated September 18, 2009

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