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

On October 23, 2009, the Board of Directors of Capital Gold Corporation (the "Company") appointed Mr. Stephen M. Cooper to the Board.

Mr. Cooper serves as an independent director and is expected to be appointed to the Compensation Committee and the Nominating and Corporate Governance Committee which the Board of Directors of the Company expects to form in the near future.

There is no arrangement or understanding between Mr. Cooper and any other persons pursuant to which Mr. Cooper was selected as a director, and there are no related party transactions involving Mr. Cooper that are reportable under Item 404(a) of Regulation S-K.

There are no material plans, contracts or arrangements to which Mr. Cooper is a party or in which he participates nor has there been any material amendment to any plan, contract or arrangement by virtue of Mr. Cooper's appointment.

A copy of the press release announcing the appointment of Mr. Cooper to the Company's board is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.

Item 9.01 Financial Statement and Exhibits.

(d) Exhibits.

Exhibit
No. Description

99.1 Press Release of Capital Gold Corporation dated October 28, 2009.

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