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~~ 17January 27, ~~2009~~2010

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.)

1055 Cornell Avenue

Lovelock, NV

89419

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (775) 273-7800

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:

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

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

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

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

Item 81.0103 ~~Other~~Bankruptcy ~~Events~~Filing

AsOn ~~previously~~January ~~reported~~27, in2010 ~~conjunction with a series of proposed transactions between~~ Firstgold Corp. ~~and the~~voluntarily ~~Xi'an,~~filed ~~China~~for ~~headquartered~~bankruptcy ~~Northwest~~protection ~~Non-Ferrous~~under ~~International~~Chapter ~~Investment~~11 ~~Company~~of ~~Limited (“Northwest”),~~ the ~~parties~~U.S. ~~sought~~Bankruptcy toCode. ~~obtain~~The ~~necessary regulatory approvals including the~~ filing ofwas amade ~~joint application by Northwest and Firstgold with the Committee on Foreign Investment~~ in the United States ~~(“CFIUS”)~~Bankruptcy ~~on October 6~~Court, ~~2009~~District ~~relating~~of toNevada ~~the~~(Case ~~proposed~~#10-50215). ~~acquisition~~In ofthe filing Firstgold ~~control~~listed ~~shares~~assets byof ~~Northwest~~$17,957,805 and ~~the~~liabilities ~~acquisition~~ of $1126,~~500~~981,~~000~~427 ofand ~~Secured~~outstanding ~~Notes.~~common Onshares ~~November~~of 6196,770,012. ~~2009~~The ~~Firstgold~~current ~~and~~management ~~Northwest were informed by CFIUS that additional time was required to complete their review~~ of ~~the~~Firstgold ~~Application~~will ~~pursuant~~continue to ~~applicable~~operate ~~authority and invoked an additional 45-day period in which to perform a full investigation of~~ the ~~Application. Pursuant to discussions between CFIUS and~~company ~~representatives~~ subject ~~of the Applicants culminating late last week, CFIUS made its determination~~ to ~~disapprove~~ the ~~Application.~~supervision ~~CFIUS officials based this decision on serious, significant~~ and ~~consequential~~orders ~~national~~of ~~security issues they had identified including~~ the ~~fact~~Bankruptcy ~~that~~Court while Firstgold’s ~~properties~~seeks ~~were adjacent~~ to orestablish ~~in proximity to~~ a ~~military~~reorganization ~~air base~~plan. ~~In further discussions CFIUS officials determined that no mitigation scenarios could sufficiently resolve the identified national security issues.~~

InItem light of the above, the Applicants have the option of either withdrawing the Application or allowing the CFIUS recommendation of disapproval to be forwarded to the President for his action to: (i) acceptance of the CFIUS action, (ii) allow the transaction to proceed despite the CFIUS objection or (iii) allow the transaction to proceed but with an appropriate mitigation plan that addresses the national security issues5.02 ~~The~~Departure ~~Applicants have until December 21, 2009 (the expiration~~ of ~~the CFIUS review period) to decide whether to withdraw the Application or allow the Application to be forwarded to the President who must then act upon the matter within 15 days.~~ Directors

InOn ~~light~~January of26, ~~these~~2010 ~~recent~~Bob ~~and~~Heimler ~~unexpected~~submitted ~~developments,~~his ~~all~~resignation ~~parties~~as toa ~~the~~Director ~~transactions~~of ~~are~~Firstgold ~~assessing~~Corp. ~~their~~This ~~positions~~action was voluntary and ~~future~~not ~~courses~~as a result of ~~action~~any disagreement with Firstgold or its management.

Item 9.01 Financial Statements and Exhibits

Exhibits

99.1 Press Release dated ~~December~~January 1728, ~~2009~~2010

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.

Date: December 18, 2009		FIRSTGOLD CORP.
Date: January 29, 2010		FIRSTGOLD CORP.
	By:	/s/ Terry Lynch
		Terry Lynch, Chief Executive Officer

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