8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported):  December 21, 2007

FIRSTGOLD CORP.

(Exact Name of Registrant as Specified in Charter)

Delaware	0-20722	16-1400479
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3108 Ponte Morino Drive, Suite 210 Cameron Park, CA	95682
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (530) 677-5974

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02                                 Resignation of Director; Appointment of New Director

On December 21, 2007, Firstgold’s Board of Directors accepted the resignation of A. Scott Dockter as a Director and appointed Kevin Bullock to the Board.  Mr. Dockter also resigned as President and CEO effective on January 4, 2008, however, he will continue to serve as Chief Operating Officer of Firstgold.  As of January 4, 2008, Chairman Stephen Akerfeldt assumed the positions of President and CEO.

Mr. Bullock currently serves as President, CEO and a Director of Goldcrest Resources Ltd. (a mining and mineral exploration company listed on the Toronto Venture Exchange).  Prior to joining Goldcrest Resources in August 2003 he was the Vice President, Corporate Development of Kirkland Lake Gold Inc. (formerly Foxpoint Resources Ltd.) from November 2001 to August 2003.  Prior thereto, he was Managing Director, Mining Division of Cook Engineering, Thunder Bay, Ontario from January 2001 to November 2001.  Mr. Bullock has served as a member of the advisory board of Orezone Resources Inc. since June 1999.  From June 1999 to September 1999, Mr. Bullock was a consultant to Orezone Resources Inc.  Mr. Bullock served as Vice President of Brandon Gold Corporation from June 1997 to September 1999 and as Manager of Operations for IAMGOLD Corporation from January 1995 to June 1997.  He is currently also a director of Young Shannon Gold Mines Ltd., Rolling Rock Resources and Kingsmill Capital Ventures.  Mr. Bullock is a professional engineer and received his B.Eng. degree from Laurentian University in Sudbury, Ontario.  He is a member of the Canadian Institute of Mining and Metallurgy, the Professional Engineers of Ontario and the Society of Mining Engineers.

Upon joining the Board, Mr. Bullock was issued incentive stock options to purchase 500,000 shares of Firstgold common stock exercisable at the current market price of $0.85 per share. The options have a term of 10 years.

In recognition of their significant contributions to the Company over the past year, Mr. Dockter and Mr. Akerfeldt were each issued incentive stock options to purchase 250,000 shares of Firstgold common stock. Mr. Akerfeldt’s options have an exercise price of $.85 per share and a term of 10 years while Mr. Dockter’s options have an exercise price of $.94 per share and a term of 5 years.

Item 9.01                                 Financial Statements and Exhibits

Exhibits

99(a)                       Press release dated January 11, 2008

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FIRSTGOLD CORP.
Date: January 11, 2008	By:	/s/ A. SCOTT DOCKTER
		A. Scott Dockter, Chief Operating Officer
		(Duly Authorized Officer)

EX-99.(A)

Exhibit 99(a)

Firstgold Corp., announces changes in Board and appointment of new CEO.

Jan 11, 2008, Cameron Park, CA - Firstgold Corp. (OTCBB: FGOC) announced today the appointment of Stephen Akerfeldt as the new CEO of Firstgold Corp. Mr Akerfeldt will retain his position as company Chairman. Scott Dockter founder of Firstgold will remain as COO of Firstgold. He will step down from the company board of directors and be replaced by mining industry veteran Kevin Bullock.

“We are at an exciting stage in our company’s development and we see this as the ideal time to separate the two executive roles. Scott Dockter has done an incredible job building this company.  We are encouraged about our mining properties at Relief Canyon, where we have almost completed the construction of our processing plant, and the 30,000+ acres of exploration acreage we control in the heart of some of Nevada’s most prolific mining areas.” commented Akerfeldt.

Prior to joining Firstgold Corp board in 2006 Mr. Akerfeldt had previously been Chairman of the Board of Jura Energy Corporation (JEC: TSX), an Oil and Gas exploration company based in Calgary and continues to sit on their board. Mr. Akerfeldt, a Chartered Accountant by training, has had a long and distinguished career including 15 years as a partner with Price Waterhouse Coopers. He has acted and continues to act as a principal in the acquisition, management and resale of a number of large private businesses and has served as Vice Chairman and CFO of Magna International Inc, the most diversified automotive supplier in the world.

“The board felt it was critical that Scott devote his time to getting our plant operational and to growing our company value through the drill bit. My mission as CEO is to ensure our shareholders get maximum benefit out of the assets we have accumulated. To achieve this the board was unanimous in its recommendation that Firstgold needed to expand the management team to ensure we could install the processes and procedures to manage the growth opportunities Scott has been able to bring to the table.”

“As we enter this next stage in our company growth we know we need to communicate our development to our current and future shareholders. To help us in this respect the company has concluded it would be beneficial to open an executive office in Toronto. Toronto is one of the leading mining financial centers in the world and we feel we need to have a significant presence here”, commented Akerfeldt. “In this respect we are also very pleased that Toronto mining veteran Kevin Bullock has agreed to join the board.

Mr Bullock is currently, Founder, President & CEO, Director of Goldcrest Resources (TSXV : GCL) He is a registered Professional Mining Engineer in the province of Ontario and a qualified person under the act. Kevin has had over 20 years experience, at senior levels, in mining exploration, mine development and mine operations.

Mr. Bullock has a wide knowledge base in the mineral industry and has completed several exploration and mining projects, both in North America and abroad, including projects in Mexico, Sweden, and West Africa, where he was Iamgold Corporation Ltd's General Manager. Throughout his career, Kevin has been involved in projects from inception through exploration to development and production and until recently was VP, Operations for Kirkland Lake Gold Ltd. Kevin was instrumental in the reopening of the Macassa Gold Mine in Kirkland Lake, Ontario. “We are very pleased to add Kevin’s expertise to our board and trust his experience will prove invaluable” commented Akerfeldt.

Firstgold currently leases over 30,000 acres of prime exploration property in Nevada. Its principal project is Relief Canyon. The Relief Canyon mine recently had its Plan of Operation reinstated in the state of Nevada and the company is conducting extensive drilling and development analysis on the project. Relief Canyon is located outside Lovelock Nevada on the site of the previously producing Pegasus Gold Mine. Additional information about Firstgold Corp. can be found by visiting its web site at www.firstgoldcorp.com.

Safe Harbor Statement

The matters discussed in this release contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended that involve risks and uncertainties. Although Firstgold Corp. believes that the expectations reflected in such forward-looking statements are reasonable; the forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. Firstgold Corp. cautions investors that any forward-looking statements made by Firstgold Corp. are not guarantees of future performance and those actual results may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those reflected in forward-looking statements include, but are not limited to, risks and uncertainties regarding the actual mineralization of Firstgold Corp.'s mining properties, the unproven nature of and potential changes to Firstgold Corp.'s business model, the risk that the capital and other resources that Firstgold Corp will need to exploit its business model will not be available, and the risks discussed in Firstgold Corp's Form 10-KSB and in Firstgold Corp.'s 10-QSBs and in Firstgold Corp.'s other filings with the Securities and Exchange Commission.