-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000898080-05-000528.txt : 20051208
<SEC-HEADER>0000898080-05-000528.hdr.sgml : 20051208
<ACCEPTANCE-DATETIME>20051208175422
ACCESSION NUMBER:		0000898080-05-000528
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051130
FILED AS OF DATE:		20051208
DATE AS OF CHANGE:		20051208

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOLDFIELD CORP
		CENTRAL INDEX KEY:			0000042316
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623]
		IRS NUMBER:				880031580
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0705

	BUSINESS ADDRESS:	
		STREET 1:		1684 WEST HIBISCUS BLVD.
		CITY:			MELBOURNE
		STATE:			FL
		ZIP:			32901
		BUSINESS PHONE:		321-724-1700

	MAIL ADDRESS:	
		STREET 1:		1684 WEST HIBISCUS BLVD.
		CITY:			MELBOURNE
		STATE:			FL
		ZIP:			32901

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GOLDFIELD CONSOLIDATED MINES CO
		DATE OF NAME CHANGE:	19670628

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WHERRY STEPHEN R
		CENTRAL INDEX KEY:			0001136385

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07525
		FILM NUMBER:		051253605

	BUSINESS ADDRESS:	
		STREET 1:		THE GOLDFIELD CORP
		STREET 2:		100 RIALTO PLACE SUITE 500
		CITY:			MELBOURNE
		STATE:			FL
		ZIP:			32901
		BUSINESS PHONE:		3217241700

	MAIL ADDRESS:	
		STREET 1:		1684 W. HIBISCUS BLVD.
		CITY:			MELBOURNE
		STATE:			FL
		ZIP:			32901-2631
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>edgar1173_31300form4aex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2005-11-30</periodOfReport>

    <dateOfOriginalSubmission>2005-12-01</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000042316</issuerCik>
        <issuerName>GOLDFIELD CORP</issuerName>
        <issuerTradingSymbol>GV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001136385</rptOwnerCik>
            <rptOwnerName>WHERRY STEPHEN R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3916 PEACOCK DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MELBOURNE</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>32904</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>VP, CFO, TREAS, ASST. SEC</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-11-30</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>X</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>41667</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.2188</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>135000</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Employee stock option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.2188</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-11-30</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>X</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>41667</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2002-03-09</value>
            </exerciseDate>
            <expirationDate>
                <value>2009-03-09</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>41667</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Includes 41,667 shares held directly, 83,333 shares held by the Stephen R. Wherry Revocable Trust, dated the 8th day of
 March, 2004 (the &quot;Wherry Trust&quot;) and 10,000 shares held in a self-directed IRA.</footnote>
        <footnote id="F2">The reporting person's original Form 4 filed on December 1, 2005 incorrectly reported the securities acquired in the reported
 transaction as beneficially owned by the Wherry Trust.</footnote>
        <footnote id="F3">Not applicable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Stephen R. Wherry</signatureName>
        <signatureDate>2005-12-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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