**FORM      10-QSB**

| [X]                | Quarterly                Report pursuant to Section 13 or 15(d) of the Securities Exchange                Act of                1934 |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------|
|               |                                                                                                                                 |
|               | For                the quarterly period ended September                30, 2005                                                      |
|               |                                                                                                                                 |
| [                ] | Transition                Report pursuant to 13 or 15(d) of the Securities Exchange Act of                1934                       |
|               |                                                                                                                                 |
|               | For                the transition period                  to                __________                                          |
|               |                                                                                                                                 |
|               | Commission                File Number: 000-51013                                                                                     |

| Nevada                                                                        | 76-0730088                                       |
|-------------------------------------------------------------------------------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (IRS                Employer Identification No.) |

| 375                Water Street, Suite 610, Vancouver, BC Canada |
|------------------------------------------------------------------|
| (Address                of principal executive offices)          |

| 604-691-6518                                                                                                     |
|------------------------------------------------------------------------------------------------------------------|
| (Issuer’s                telephone number)                                                                 |
|  _______________________________________________________________                                            |
| (Former                name, former address and former fiscal year, if changed since last                report) |

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Table          of Contents

|                                                   | TABLE                OF CONTENTS                                                     |      Page |
|--------------------------------------------------------|-------------------------------------------------------------------------------------------|------------------------------------|
| PART                I - FINANCIAL INFORMATION     |
| Item                1:                                 | Financial                Statements                                                       | 3                                  |
| Item                2:                                 | Management’s                Discussion and Analysis                                 | 4                                  |
| Item                3:                                 | Controls                and Procedures                                                    | 7                                  |
|  PART                II - OTHER INFORMATION  |
| Item                1:                                 | Legal                Proceedings                                                          | 9                                  |
| Item                2:                                 | Unregistered                Sales of Equity Securities and Use of                Proceeds | 9                                  |
| Item                3:                                 | Defaults                Upon Senior Securities                                            | 9                                  |
| Item                4:                                 | Submission                of Matters to a Vote of Security                Holders         | 9                                  |
| Item                5:                                 | Other                Information                                                          | 9                                  |
| Item                6:                                 | Exhibits                                                                                  | 10                                 |

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Table          of Contents

**PART      I - FINANCIAL INFORMATION**

**Item      1.** **     Financial      Statements**

| (a)   | Unaudited                Balance Sheet as of September 30,                2005. |
|-----------------|---------------------------------------------------------------------------------|

| (b)   | Unaudited                Statements of Operations for the three and nine month periods ended                September 30, 2005 and 2004; |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Unaudited                Statement of Stockholder’s Equity from Inception, March 25, 2003, to                September 30, 2005; |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Unaudited                Statements of Cash Flows for the nine months ended September 30,                2005 and                2004; |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Notes                to Unaudited Financial Statements. |
|-----------------|---------------------------------------------------------|

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**COLOMBIA      GOLDFIELDS LTD. **

**(FORMERLY      SECURE AUTOMATED FILING ENTERPRISES INC.)**

**(An      Exploration Stage Company)**

**FINANCIAL      STATEMENTS**

**September      30, 2005**

**(Unaudited)**

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| **COLOMBIA                  GOLDFIELDS LTD.****(FORMERLY                  SECURE AUTOMATED FILING ENTERPRISES INC.)****(An                  Exploration Stage Company)** **Balance                  Sheets** |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                       | **September                  30,** | **December                  31,** |
|----------------------------|------------------------------------|-----------------------------------|
| **As                  at** | **2005**                           | **2004**                          |
|                       | **(Unaudited)**                    | **(Audited)**                     |
|                       | $                                  | $                                 |

| **Assets**                                                                                                             |
|------------------------------------------------------------------------------------------------------------------------|
| **Current**                                                                                                            |   |   |
|    Cash                                                                                                 | 431,426 | 104,685 |
|    Prepaid                  expense (Note 5)                                                            | 500,000 | - |
|    Accounts                  receivable                                                                 | - | 910 |
|                                                                                                                   |   |   |
|                                                                                                                   | 931,426 | 105,595 |
|                                                                                                                   |   |   |
|  **Mineral                  Properties (Note 5)**                                                                 |  - |  - |
|  **Website                  Development (Notes 3 & 6)**                                                       |  21,000 |  - |
|  **Office                  Equipment,**net                  of accumulated amortization of $201**(Note 3)**       |  1,579 |  - |
|                                                                                                                   |   |   |
| **Total                  Assets**                                                                                      | 954,005 | 105,595 |
|                                                                                                                   |   |   |
| **Liabilities**                                                                                                        |
| **Current**                                                                                                            |   |   |
|    Accounts                  payable and accrued liabilities                                            | 35,004 | 3,687 |
|    Due                  to                  related parties                                             | 828 | 6,000 |
|                                                                                                                   |   |   |
| **Total                  Liabilities**                                                                                 | 35,832 | 9,687 |
|                                                                                                                   |   |   |
| **Stockholders’                  Equity**                                                                        |
| **Common                  Stock**   Authorized:                  50,000,000 shares , $0.00001 par value |   |   |
|    Issued                  and                  outstanding: 24,000,000 shares                          |   |   |
|    (December                  31,                  2004: 24,000,000 shares)                             | 250 | 240 |
|                                                                                                                   |   |   |
| **Additional                  Paid-In Capital**                                                                        | 405,151 | 155,161 |
|                                                                                                                   |   |   |
| **Share                  subscriptions received**                                                                      | 1,020,250 | - |
|                                                                                                                   |   |   |
| **Deficit                  Accumulated during the Development Stage**                                                  | (507,478) | (59,493) |
|                                                                                                                   |   |   |
| **Total                  Stockholders’ Equity**                                                                  | 918,173 | 95,908 |
|                                                                                                                   |   |   |
| **Total                  Liabilities and Stockholders’ Equity**                                                  | 954,005 | 105,595 |

**See        accompanying Notes to the Financial Statements**

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| **COLOMBIA                GOLDFIELDS LTD.****(FORMERLY                SECURE AUTOMATED FILING ENTERPRISES INC.)****(An                Exploration Stage Company)** **Statements                of Operations****(Unaudited)** |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                |   |                        |       |                        |   |                       |   |                       |       | Cumulative                    |
|-----------------------------------------------------------------------------------------------------|--------|-----------------------------|------------|-----------------------------|--------|----------------------------|--------|----------------------------|------------|-------------------------------|
|                                                                                                |   |                        |       |                        |   |                       |   |                       |       | from                Inception |
|                                                                                                |   | Three                Months |       | Three                Months |   | Nine                Months |   | Nine                Months |       | on                March 25,   |
|                                                                                                |   | Ended                       |       | Ended                       |   | Ended                      |   | Ended                      |       | 2003                to        |
| Sept.                30,                                                                            |   | Sept.                30,    |       | Sept.                30,    |   | Sept.                30,   |   | Sept.                30,   |
|                                                                                                |   | 2005                        |       | 2004                        |   | 2005                       |   | 2004                       |       | 2005                          |
|                                                                                                |   | $                           |       | $                           |   | $                          |   | $                          |       | $                             |
|                                                                                                |   |                        |       |                        |   |                       |   |                       |       |                          |
| **Revenue**                                                                                         |   | -                           |       | 1,527                       |   | 763                        |   | 3,841                      |       | 9,827                         |
|                                                                                                |   |                        |       |                        |   |                       |   |                       |       |                          |
| **General                and Administrative Expenses**                                              |   |                        |       |                        |   |                       |
|                                                                                                |   |                        |       |                        |   |                       |   |                       |       |                          |
| Audit                                                                                               |   |                        | 484        |                        |   | 520                        |   |                       | 2,606      |                          |   | 520 |   |   | 10,326 |
| Bank                charges                                                                         |   |                        | 706        |                        |   | 24                         |   |                       | 1,172      |                          |   | 130 |   |   | 1,464 |
| Consulting                fees                                                                      |   |                        | 25,525     |                        |   | 4,800                      |   |                       | 87,750     |                          |   | 14,400 |   |   | 140,150 |
| Corporate                communications                                                             |   |                        | 785        |                        |   | -                          |   |                       | 1,285      |                          |   | - |   |   | 1,285 |
| Depreciation                                                                                        |   |                        | 134        |                        |   | -                          |   |                       | 201        |                          |   | - |   |   | 201                67 |
| Foreign                exchange (gain) loss                                                         |   |                        | -          |                        |   | -                          |   |                       | -          |                          |   | - |   |   | (459) |
| Legal                and filing fees                                                                |   |                        | 26,694     |                        |   | 625                        |   |                       | 43,172     |                          |   | 3,846 |   |   | 49,058 |
| Office                expenses                                                                      |   |                        | 19,275     |                        |   | 60                         |   |                       | 23,025     |                          |   | 203                1 |   |   | 23,45 |
| Travel                                                                                              |   |                        | 15,301     |                        |   | -                          |   |                       | 39,216     |                          |   | - |   |   | 39,216 |
| Mineral                property acquisition costs                                                   |   |                        | 250,000    |                        |   | -                          |   |                       | 250,000    |                          |   | - |   |   | 250,000 |
| Web                site and software development                                                    |   |                        | 321        |                        |   | -                          |   |                       | 321        |                          |   | - |   |   | 2,613 |
|                                                                                                |   |                        |       |                        |   |                       |   |                       |       |                          |   |   |   |   |   |
|                                                                                                |   |                        | 339,225    |                        |   | 6,029                      |   |                       | 448,748    |                          |   | 19,099 |   |   | 517,305 |
|                                                                                                |   |                        |       |                        |   |                       |   |                       |       |                          |   |   |   |   |   |
| **Net                Loss for the Period**                                                          |   |                        | (339,225)  |                        |   | (4,502)                    |   |                       | (447,985)  |                          |   | (15,258) |   |   | (507,478) |
|                                                                                                |   |                        |       |                        |   |                       |   |                       |       |                          |   |   |   |   |   |
| **Basic                and Diluted Loss per Share**                                                 |   |                        | (0.01)     |                        |   | (0.00)                     |   |                       | (0.02)     |                          |   | (0.02) |   |   |   |
|                                                                                                |   |                        |       |                        |   |                       |   |                       |       |                          |   |   |   |   |   |
| **Weighted                Average Number of Shares Outstanding - Basic and                Diluted** |   |                        | 24,097,826 |                        |   | 8,000,000                  |   |                       | 24,032,967 |                          |   | 8,000,000 |   |   |   |

**See      accompanying Notes to the Financial Statements**

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| **COLOMBIA                GOLDFIELDS LTD.****(FORMERLY                SECURE AUTOMATED FILING ENTERPRISES INC.)****(An                Exploration Stage Company)** **Statement                of Stockholders’ Equity****(Unaudited)** |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**From      Inception of the Development Stage (March 25, 2003) to September 30,      2005:**

|                                                                                                                         |   |      **Common****Shares** |        |      **Stock****Amount** |   |     **Additional****Paid-in****Capital** |   |   **Share****Subscriptions****Received** |    |  **Deficit****Accumulated                During****the****Development** **Stage** |   |    **Total****Stockholders’                Equity****(Deficiency)** |
|------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------|-------------|---------------------------------------------------|--------|--------------------------------------------------------------|--------|----------------------------------------------------|---------|---------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------|
|                                                                                                                         |   |                                               |        |                                              |   | $                                                       |   |                                               | $       |                                                                                        |   | $                                                                                   |   |   | $ |   |   | **$** |
|                                                                                                                         |   |                                               |        |                                              |   |                                                         |   |                                               |    |                                                                                        |   |                                                                                     |   |   |   |   |   |   |
| Issue                of common stock for cashat                $0.000125 per share on March                25, 2003          |   |                                               | 8           |                                              |   | -                                                            |   |                                               | 1       |                                                                                        |   | -                                                                                        |   |   | - |   |   | 1 |
|  Issue                of common stock for cashat                $0.000125 per share on May                5, 2003       |   |                                               | 16,000,000  |                                              |   | 160                                                          |   |                                               | 1,840   |                                                                                        |   | -                                                                                        |   |   | - |   |   | 2,000 |
|  Repurchase                of common stock for cash at $0.000125 per share on October 31,                2003           |   |                                               | (8,000,008) |                                              |   | (80)                                                         |   |                                               | (920)   |                                                                                        |   | -                                                                                        |   |   | - |   |   | (1,000) |
|  Donated                Capital                                                                                         |   |                                               | -           |                                              |   | -                                                            |   |                                               | 35,200  |                                                                                        |   | -                                                                                        |   |   | - |   |   | 35,200 |
|  Net                loss for the period                                                                                 |   |                                               | -           |                                              |   | -                                                            |   |                                               | -       |                                                                                        |   | -                                                                                        |   |   | (36,399) |   |   | (36,399) |
|  Balance,                December 31, 2003                                                                              |   |                                               | 8,000,000   |                                              |   | 80                                                           |   |                                               | 36,121  |                                                                                        |   | -                                                                                        |   |   | (36,399) |   |   | (198) |
|  Issue                of common stock for cash                at $0.00625 per share on                December 20, 2004 |   |                                               | 16,000,000  |                                              |   | 160                                                          |   |                                               | 99,840  |                                                                                        |   | -                                                                                        |   |   | - |   |   | 100,000 |
|  Donated                Capital                                                                                         |   |                                               | -           |                                              |   | -                                                            |   |                                               | 19,200  |                                                                                        |   | -                                                                                        |   |   | - |   |   | 19,200 |
|  Net                loss for the year                                                                                   |   |                                               | -           |                                              |   | -                                                            |   |                                               | -       |                                                                                        |   | -                                                                                        |   |   | (23,094) |   |   | (23,094) |
|  Balance,                December 31, 2004                                                                              |   |                                               | 24,000,000  |                                              |   | 240                                                          |   |                                               | 155,161 |                                                                                        |   | -                                                                                        |   |   | (59,493) |   |   | 95,908 |
|  Issue                of common stock for Mineral                property at $0.25 per share on September 22, 2005      |   |                                               | 1,000,000   |                                              |   | 10                                                           |   |                                               | 249,990 |                                                                                        |   | -                                                                                        |   |   | - |   |   | 250,000 |
|  Share                Subscriptions Received                                                                            |   |                                               | -           |                                              |   | -                                                            |   |                                               | -       |                                                                                        |   | 1,020,250                                                                                |   |   | - |   |   | 1,020,250 |
|  Net                loss for the period                                                                                 |   |                                               | -           |                                              |   | -                                                            |   |                                               | -       |                                                                                        |   | -                                                                                        |   |   | (447,985) |   |   | (447,985) |
|  Balance,                September 30, 2005                                                                             |   |                                               | 25,000,000  |                                              |   | 250                                                          |   |                                               | 405,151 |                                                                                        |   | 1,020,250                                                                                |   |   | (507,478) |   |   | 918,173 |

**See      Accompanying Notes to the Financial Statements **

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| **COLOMBIA                GOLDFIELDS LTD.****(FORMERLY                SECURE AUTOMATED FILING ENTERPRISES INC.)****(An                Exploration Stage Company)** **Statements                of Cash Flows****(Unaudited)** |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                |   |   |                                   |   |   |                             |   |   | **Cumulative**               |
|-------------------------------------------------------------------------------------|--------|--------|----------------------------------------|--------|--------|----------------------------------|--------|--------|-----------------------------------|
|                                                                                |   |   |                                   |   |   |                             |   |   | **from                Inception** |
|                                                                                |   |   | **Nine                Months**    |   |   | **Nine                Months**   |   |   | **on                March 25,**   |
|                                                                                |   |   | **Ended**                              |   |   | **Ended**                        |   |   | **2003                to**        |
|                                                                                |   |   | **September                30,**  |   |   | **September                30,** |   |   | **September                30,**  |
|                                                                                |   |   | **2005**                               |   |   | **2004**                         |   |   | **2005**                          |
|                                                                                |   |   |                                   |   | $      | $                                |   | **$**  |                                   |
| **Operating                Activities**                                             |   |   |                                   |   |   |                             |   |   |                              |
| Net                loss for the period                                              |   |   | (447,985)                              |   |   | (15,258)                         |   |   | (507,478)                         |
| Items                not requiring cash outlay:                                     |   |   |                                   |   |   |                             |   |   |                              |
|    Mineral                property acquisition costs                 |   |   | 250,000                                |   |   | -                                |   |   | 250,000                           |
|    Consulting                fees                                    |   |   | -                                      |   |   | 14,400                           |   |   | 52,400                            |
|    Depreciation                                                      |   |   | 201                                    |   |   | -                                |   |   | 201                               |
|    Website                design and software development            |   |   | -                                      |   |   | -                                |   |   | 2,000                             |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| Cash                provided by (used in) changes                                   |   |   |                                   |   |   |                             |   |   |                              |
|    In                operating                assets and liabilities |   |   |                                   |   |   |                             |   |   |                              |
|     -                Prepaid expense                            |   |   | (500,000)                              |   |   | -                                |   |   | (500,000)                         |
|     -                Accounts receivable                        |   |   | 910                                    |   |   | (181)                            |   |   | -                                 |
|     -                Accounts payable and accrued liabilities   |   |   | 31,317                                 |   |   | (2,900)                          |   |   | 35,004                            |
|     -                Due                to related parties      |   |   | (5,172)                                |   |   | 5,251                            |   |   | 828                               |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| Net                cash provided by (used in) operating activities                  |   |   | (670,729)                              |   |   | 1,312                            |   |   | (667,045)                         |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| **Investing                Activities**                                             |   |   |                                   |   |   |                             |   |   |                              |
| Website                development costs                                            |   |   | (21,000)                               |   |   | -                                |   |   | (21,000)                          |
| Purchase                of office equipment                                         |   |   | (1,780)                                |   |   | -                                |   |   | (1,780)                           |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| Net                cash (used in) investing activities                              |   |   | (22,780)                               |   |   | -                                |   |   | (22,780)                          |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| **Financing                Activities**                                             |   |   |                                   |   |   |                             |   |   |                              |
| Share                subscriptions received                                         |   |   | 1,020,250                              |   |   | -                                |   |   | 1,020,250                         |
| Common                shares issued for cash                                        |   |   | -                                      |   |   | -                                |   |   | 101,001                           |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| Net                cash provided by financing activities                            |   |   | 1,020,250                              |   |   | -                                |   |   | 1,121,251                         |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| Net                increase in cash during the period                               |   |   | 326,741                                |   |   | 1,312                            |   |   | 431,426                           |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| **Cash                Position, Beginning of Period**                               |   |   | 104,685                                |   |   | 3,491                            |   |   | -                                 |
|                                                                                |   |   |                                   |   |   |                             |   |   |                              |
| **Cash                Position, End of Period**                                     |   |   | 431,426                                |   |   | 4,803                            |   |   | 431,426                           |

**See      Accompanying Notes to the Financial Statements**

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| **COLOMBIA                GOLDFIELDS LTD.****(FORMERLY                SECURE AUTOMATED FILING ENTERPRISES INC.)****(An                Exploration Stage Company)** **Notes                to the Financial Statements****(Unaudited)** |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **September                30, 2005** |
|---------------------------------------|

**NOTE      1 - BASIS OF PRESENTATION**

**NOTE      2 - GOING CONCERN **

**NOTE      3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES **

**Website      Costs**

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| **COLOMBIA                GOLDFIELDS LTD.****(FORMERLY                SECURE AUTOMATED FILING ENTERPRISES INC.)****(An                Exploration Stage Company)** **Notes                to the Financial Statements****(Unaudited)** |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **September                30, 2005** |
|---------------------------------------|

**Mineral      Claim Payments and Exploration Expenditures**

**Environmental      Costs**

**Office      Equipment**

**NOTE      4 - RELATED PARTY TRANSACTIONS**

**NOTE      5 - MINERAL PROPERTIES**

**NOTE      6 - WEB-SITE DEVELOPMENT COSTS**

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| **COLOMBIA                GOLDFIELDS LTD.****(FORMERLY                SECURE AUTOMATED FILING ENTERPRISES INC.)****(An                Exploration Stage Company)** **Notes                to the Financial Statements****(Unaudited)** |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **September                30, 2005** |
|---------------------------------------|

**NOTE      7 - SUBSEQUENT EVENTS**

**NOTE      8 - RECLASSIFICATIONS**

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**Item        2.     ****Management’s        Discussion and Analysis****Forward-Looking        Statements**

**Overview**

*Concessions          6602, 1343, and 6329*

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|   | (a) | Five                hundred thousand dollars ($500,000), which has been paid in                full; |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | (b) | seven                hundred fifty thousand dollars ($750,000) during the 12 month period                of                the Assignment Agreement commencing June 25, 2006, and, on the earlier                of                June 26, 2006 or commencement of the second exploration phase, one                million                restricted shares of our common stock;                and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | one                million seven hundred and forty thousand dollars ($1,740,000) during                the                12 month period of the Assignment Agreement, commencing June 25,                2007. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*Letter      of Intent to purchase an interest in RNC (Colombia) Limited*

| (a)   | We                will have the right to subscribe for an undetermined number of shares                which shall be equal to twenty-five (25%) percent of the issued and                outstanding common stock of RNC following this issuance, in exchange                for                us investing $1,000,000 in RNC and issuing 1,000,000 restricted shares                of                our common stock to Investcol.  The $1,000,000 investment                is proposed                to be made in one US $500,000 payment on or before November 15, 2005                and a                second payment of US $500,000 on or before December 15,                2005; |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | We                    will have the right to subscribe for an undetermined number of                    shares,                    which shall enable us to own fifty (50%) percent of the total                    issued and                    outstanding common stock of RNC in exchange for us issuing 2,000,000                    restricted shares of our common stock to Investcol and investing                    $4,000,000 in RNC.  The $4,000,000 investment is proposed                    to be made                    in one US $1,000,000 payment on or before February 15, 2006 and                    a second                    payment of US $3,000,000 on or before March 30,                    2006; |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | We                will have the right to subscribe for an undetermined number of shares                which shall enable us to own seventy-five (75%) percent of the total                issued and outstanding common stock of                RNC, |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | in                exchange for us issuing 4,000,000 restricted shares of our common                stock to                Investcol and investing US $15,000,000 in RNC. This investment is                proposed                to be made on or before September 30, 2006; and |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | We                shall have the right to acquire from Investcol the remaining issued                and                outstanding shares of RNC common stock not held by us in exchange                for                payment to Investcol of twenty-five (25%) percent of the value of                mining                interests held by RNC in the Zona Alta portion of the Marmato project                as                determined by a feasibility study. Payment is proposed to be made                in                either cash, restricted shares or a combination at our                option. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*Appointment      of Officer and Director *

**Results      of Operations for the period ending September 30, 2005**

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**Liquidity      and Capital Resources**

**Going      Concern **

**Revenue      Recognition **

**Item      3.     Controls and Procedures**

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**PART      II - OTHER INFORMATION**

**Item      1.     Legal      Proceedings**

**Item      2.     Unregistered Sales of Equity      Securities and Use of Proceeds**

**Item      3.     Defaults upon Senior      Securities**

**Item      4.     Submission of Matters      to a Vote of Security Holders**

**Item      5.     Other      Information**

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**Item      6.      Exhibits**

| **Exhibit                Number** | **Description                of Exhibit**                                                                                                                                                                                                                |
|-----------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.1                               | Letter                of Intent to Purchase interest in RNC (Colombia) Limited 1                                                                                                                                                                         |
| 10.1                              | Assignment                Agreement with Investcol Limited 2                                                                                                                                                                                             |
| 10.2                              | Agreement                with Investcol Limited 2                                                                                                                                                                                                        |
| 31.1                              | Certification                of Chief Executive Officer pursuant to 18                U.S.C. Section 1350, as adopted pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                                                           |
| 31.2                              | Certification                of Chief Financial Officer pursuant to 18                U.S.C. Section 1350, as adopted pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                                                           |
| 32.1                              | Certification                of Chief Executive Officer and Chief                Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted                pursuant                to Section 906 of the Sarbanes-Oxley Act of                2002 |

| 1   | Previously                filed as an exhibit to Current Report on Form 8-K filed with the                Securities and Exchange Commission on October 24,                2005 |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2   | Previously                filed as an exhibit to Current Report on Form 8-K filed with the                Securities and Exchange Commission on September 28,                2005 |
|---------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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Table          of Contents

**SIGNATURES**

|   | **Colombia                Goldfields Ltd.**                                                                                                                                                                                                                            |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                   |
| Date:  | November                14, 2005                                                                                                                                                                                                                                       |
|   |                                                                                                                                                                                                                                                                   |
|   |   By:    /s/                Daniel Hunter            Daniel                HunterTitle:**    Chief                Executive Officer and Director**  |