FOR IMMEDIATE RELEASE

CAPITAL GOLD CORPORATION EXPANDS EXPLORATION
AT ITS SARIC PROPERTIES; BEGINS CONSTRUCTION OF
ADDITIONAL LEACH PAD AT EL CHANATE MINE

NEW YORK, September 9, 2009 - Capital Gold Corporation (TSX: CGC; OTC Bulletin Board: CGLD) today announced that it will begin an expanded drill program at its Saric properties in northern Sonora, Mexico.

The properties are located near the village of Saric and are accessible by paved roads. Capital Gold acquired the 4,000 hectare El Oso project, which consists of leased and owned concessions, from local prospectors in early 2008.

Earlier this year, the Company completed preliminary exploration work consisting of geological mapping, systematic geochemical sampling of rock and soils, geophysical surveys, trenching and 32 reverse circulation drill holes totaling 2,560 meters.

"We have identified four anomalous zones within the concession groupings and have selected an area for a more intense drilling campaign," said John Brownlie, Capital Gold's Chief Operating Officer. The Sombreretillo-Cometa Zone has shown the best possibility for delineation of a near surface, open pit, oxide gold zone.

One of the areas of interest, the El Oso project area, is located over Cretaceous and Tertiary age volcanic and intrusive rocks. These volcanic rock rest on, or intrude, older coarse grain granodioritic rocks. Mineralization is structurally controlled and associated with low angle thrust/detachment zones, and with high angle strike slip zones which trend northeast. Mineralization is associated with strong iron oxide alteration, quartz pyrite stockwork veining and with calcite infilling along structures.

Layne Drilling has been selected to commence drilling by the end of September. SRK of Denver will provide quality assurance-quality control (QA-QC) guidance.

Meanwhile, work to expand the output of the Company's operating El Chanate mine continues with the construction of a new leach pad. Permitting and site clearing has been completed and the construction contractor is preparing to begin earthworks. Golder Engineering of Tucson, Arizona will oversee construction activities and QA-QC for the project. The construction schedule anticipates that stacking ore on the new pad will commence in January 2010.

About Capital Gold

Capital Gold Corporation (CGC; CGLD) is a gold production and exploration company. Through its Mexican subsidiaries and affiliates, it owns 100% of the El Chanate gold property in Sonora, Mexico. The Company has produced 40,000 ounces of gold in its first year of operation. Further information about Capital Gold and the El Chanate gold mine is available on the Company's website, www.capitalgoldcorp.com.