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Division of Reclamation, Mining, and Safety <br />Fee Receipt for M1990057 <br />Capital Gold Corporation <br />76 Beaver Street, 14th Floor <br />New York NY 100050000 <br />Receipt #: <br />Date: <br />Permit: <br />2381 <br />01/28/2008 <br />M1990057 <br />C?ribCn7?i 'noC 1u o o , ` <br />6287 2730 BS-CARG Cash Bond "M" Regular Permit - Minerals or Coal <br />M-1990-057 for S103 $46,150.00 <br /> <br /> Receipt Total: $46,150.00 <br />RECEIVED <br />JAN 2 8 2008 <br />Division of RBClemetl®n. <br />Mining and Safety <br />Page 1 of 1