Item 7.01 Regulation FD Disclosure.

On March 31, 2009, Capital Gold Corporation (the "Company") issued a press release announcing that the Letter of Intent with Gammon Gold, Inc., previously announced on March 12, 2009, was allowed to expire and that further negotiations will not take place.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information furnished in this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibits

99.1 Press release issued by Capital Gold Corporation dated March 31, 2009

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