ROYAL GOLD INC — Director's Dealing 2007

May 23, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Battle Mountain Gold Exploration Corp. (BMGX)
CIK: 0001162177
Period of Report: 2007-05-09

Reporting Person: ROYAL GOLD INC (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-09	Convertible Bridge Loan	$.60	J	1000000	Acquired	2008-03-28	Common Stock (1000000)	Direct

Footnotes

F1: On March 28, 2007, Royal Gold entered into a Bridge Finance Facility Agreement with Battle Mountain Gold Corporation ("Battle Mountain") and BMGX (Barbados) Corporation, as borrowers, whereby Royal Gold will make available to the borrowers a bridge facility of up to $20 million. On April 14, 2007, pursuant to the terms of the bridge facility, the maximum availability of the bridge facility was reduced to $15 million. Outstanding principal, interest and expenses under the bridge facility may be converted at Royal Gold's option into Battle Mountain common stock, par value $0.001, at a conversion price per share of $0.60 any time during the term of the bridge facility. On May 9, 2007, Royal Gold advanced an additional $600,000 pursuant to the facility. Currently, Battle Mountain has borrowed $14,514,552 under the facility. The bridge facility will mature on March 28, 2008.

F2: Represents the number of shares of common stock into which the $600,000 advance under the facility may be converted.