09:47 AM EST - Capital Gold Corp. : announced that it expects to produce 65,000 to 70,000 ounces of gold in fiscal 2011. In order to meet its production target, the company said that about 5.4 million tonnes of ore is anticipated to be processed for the year with an average grade of 0.70 grams per tonne gold and a strip ratio of 2:1. Capital Gold Corp.
shares T.CGC are trading even at $3.53.
