FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  	OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2008 
Estimated average burden
hours per response... 0.5	
                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

ROYAL GOLD INC	2. Issuer Name and Ticker or Trading Symbol

Battle Mountain Gold Exploration Corp. [ BMGX ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)	
(Last)          (First)          (Middle)

1660 WYNKOOP STREET, SUITE 1000	3. Date of Earliest Transaction (MM/DD/YYYY)

9/4/2007		
(Street)

DENVER, CO 80202-1132
(City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Common Stock  	9/4/2007  	 	X	  	12102940  	A	  (1)	12103040  	D  	
 	
Common Stock  	9/5/2007  	 	C	  	4086794  	A	$.50  	16189834  	D  	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code
(Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					
Stock Options (right to buy)  	  (2)	9/4/2007  	 	X 	  	  	16189734   (3)  	3/5/2007  	9/5/2007   (4)	Common Stock  	16189734  	$0   (5)	0  	D  	
 	
Convertible Debenture  	$.50  	9/5/2007  	 	C 	  	  	$2000000.00   	9/5/2007  	4/25/2008  	Common Stock  	4086794   (6)	$0  	0  	D  	
 	
Convertible Bridge Loan  	$.60  	3/28/2007   (7)	 	J 	  	878670   (8)  	  	3/28/2007  	4/4/2008  	Common Stock  	878670   (8)	$0   (7)	25069590   (9)	D  	

Explanation of Responses:	
(  1) 	The options were exercised for 0.0179 shares of Royal Gold common stock par value $0.01 per share. See remarks attached hereto as Exhibit 99.1.	
(  2) 	The minimum exercise price is equal to 0.016925 shares of Royal Gold common stock par value $0.01 per share. See remarks attached hereto as Exhibit 99.1.	
(  3) 	Comprised of 12,102,940 shares of Battle Mountain common stock, par value $0.001 ("common stock") reported on Table I hereof, and 4,086,794 shares of common stock underlying a 6% convertible debenture that is subject to the Stock Option. See remarks attached hereto as Exhibit 99.1.	
(  4) 	The options may expire at an earlier date. See remarks attached hereto as Exhibit 99.1.	
(  5) 	The options were acquired pursuant to an Option and Support Agreement entered into with IAMGOLD Corporation. See remarks attached hereto as Exhibit 99.1.	
(  6) 	Based on outstanding principal and accured interest under the convertible debenture as of 09/04/2007. See remarks attached hereto as Exhibit 99.1.	
(  7) 	On 03/28/2007, 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 04/14/2007, pursuant to the terms of the bridge facility, the maximum availability of the bridge facility was reduced to $15 million. Interest on advances will accrue at LIBOR plus 3% per annum. Outstanding principal, interest and expenses under the bridge facility may be converted at Royal Gold's option into Battle Mountain common stock at a conversion price per share of $0.60 any time during the term of the bridge facility, provided that Royal Gold gives notice of its intent to convert on or before 04/04/2008. Currently, Battle Mountain has borrowed $14,514,552 under the facility. The bridge facility will mature on 06/06/2008.	
(  8) 	Represents the number of shares of common stock into which the accrued interest as of September 4, 2007 under the bridge facility may be converted.	
(  9) 	Represents the number of shares of common stock into which the outstanding principal and accrued interest as of September 4, 2007 under the bridge facility may be converted.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
ROYAL GOLD INC
1660 WYNKOOP STREET, SUITE 1000
DENVER, CO 80202-1132		X			

Signatures		
Royal Gold, Inc. By: Bruce C. Kirchhoff, Vice President and General Counsel		9/6/2007	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.