| DELAWARE                                                            |   | 16-1400479                                   |
|---------------------------------------------------------------------|--------|----------------------------------------------|
| (State      of other jurisdiction of incorporation or organization) |   | (I.R.S.      Employer Identification Number) |
|                                                                |   |                                         |
| 3108      Ponte Morino Drive, Suite 210Cameron      Park, CA        |   | 95682                                        |
| (Address      of Principal Executive Offices)                       |   | Zip      Code                                |

| Issuer's      telephone number:   |         (530) 677-5974 |
|---------------------------------------------|----------------------------------|

|   |  Large      accelerated filer                        |   |  Accelerated      filer             |   |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------|--------|
|   |                                                                                                                                                                         |   |                                                                                                 |   |
|   |  Non-accelerated      filer                          |   |  Smaller      reporting company     X              |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | Page                                                              |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                                              |
| EXPLANATORY      NOTE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                                                              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                                              |
| PART      I - FINANCIAL      INFORMATION                                                                                                                                              | 3                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                                              |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | ITEM      4T.    CONTROLS AND      PROCEDURES | 4 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                                              |   |
| PART      II - OTHER INFORMATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                                              |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | ITEM      6.    EXHIBITS                      | 5 |

----

----

ITEM 4T.         CONTROLSAND PROCEDURES

|   | 1. | Deficiencies      in Segregation of Duties. Firstgold lacked adequate segregation of duties      in our financial reporting process, as our CFO serves as our only      qualified internal accounting and financial reporting personnel, and as      such, performs substantially all accounting and financial reporting      functions with the assistance of an inexperienced internal      accountant. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | Deficiencies      in Firstgold’s financial reporting process controls. We did not      consistently prepare and review account reconciliations and analyses for      significant financial statement accounts on a timely  basis. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

ITEM 6.    EXHIBITS

|     31.1 | Revised Certification of CEO pursuant to Section      302 of the Sarbanes-Oxley Act of 2002. |
|------------------------------|----------------------------------------------------------------------------------------------|
|     31.2 | Revised Certification of CFO pursuant to Section      302 of the Sarbanes-Oxley Act of2002.  |

|                        | FIRSTGOLD      CORP. |                                                                             |
|-----------------------------|----------------------|----------------------------------------------------------------------------------|
|                        |                 |                                                                             |   |
| Dated:      October 9, 2008 |                 | /s/      Stephen Akerfeldt                                                       |   |
|                        |                 | Stephen      Akerfeldt, Chief Executive Officer                                  |   |
|                        |                 |                                                                             |   |
|                        |                 |                                                                             |   |
|                        |                 |  /s/      James Kluber                                                      |   |
|                        |                 | James      Kluber, Principal Accounting Officer and Chief Financial      Officer |   |
|                        |                 |                                                                             |   |