Record Gold Production At El Chanate 

NEW YORK, NY - Capital Gold reported that it produced 5,375 ounces of gold in December at its El Chanate mine in Sonora, Mexico. This represents the Company's best monthly production to date, and surpasses the previous best monthly total of 4,750 ounces by 13%. Capital Gold's Chief Operating Officer, John Brownlie, said, "This increased production is the result of careful planning and implementation of our production enhancement program that we initiated in mid-2008. The program will culminate with the installation of an additional crusher module, scheduled for late March. This will allow for further production increases." All of the financing for the program's upgrades and additions have been provided through operational cash flow.