000-54254
(Commission File No.)
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27-3051592
(IRS Employer Identification No.)
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o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b))
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o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))
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Item 8.01
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Other Events
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(a)
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On October 1, 2012, the Company’s CEO and CFO each lent the Company $40,000 for a total of $80,000. The Company is using the funds to acquire mining equipment for its mining operations in Peru. The equipment includes forty foot sluice box, miners moss, 2 gravity shaker tables, 2 diesel engines, fuel tanks, batteries, water pumps, gravel pumps, water system, recovery system, spare parts, and other mining supplies.
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(b)
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The Company has determined that it qualifies for a 2-year exemption from the Ministry of Mining in Peru. The exemption allows the Company to conduct full mining operations on its mining property Gorila for 2-years while completing the environmental impact study. The Company has filed for the exemption and expects to receive the exemption in the next few weeks. The Company is allowed to conduct limited production operations until it receives the exemption from the Ministry of Mining.
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