United States
                    Securities and Exchange Commission
                           Washington, DC 20549

                                FORM 10-KSB

                [X] ANNUAL REPORT UNDER 13 OR 15 (d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934

                  For the year ending September 30, 2003

         [ ] TRANSITION REPORT UNDER SECTION  13 OR 15 (d) OF THE
                               EXCHANGE ACT

                                  0-31849
                          Commission file Number

                        Magnum d'Or Resources, Inc.

      Exact name of small business issuer as specified in its charter

      Nevada                                           98 - 02152222
(State or other jurisdiction of        I.R.S. Employer Identification No.
incorporation or organization)

            Suite 404, 170 the Donway West, Toronto, ON M3C 2G3
                       (Address of principal executive office)

                              (416-386-0044)
                         Issuer's telephone number


                 ____________________ ____________________
   (Former name, former address and former fiscal year, if changed since
                               last  report)

     Securities Registered under Section 12(b) of the Exchange Act:  None.

     Securities Registered under Section 12(g) of the Exchange Act:

                  Class A common stock, $.001 par value.
                              Title of Class



   Check whether the registrant filed all documents and reports required
   To be filed by Section 12, 13 or 15 (d) of the Exchange Act after the
                              distribution of
      Securities under a plan confirmed by a court.  Yes ___  No ____

                   APPLICABLE ONLY TO CORPORATE ISSUERS
      State the number of shares outstanding of each of the Issuer's
    common equity as of the last practicable date:  80,000,000 shares.

Transitional Small Business Disclosure Format (check one)  Yes ___No X

Check if there is no disclosure of delinquent filers in response To Item
405 of  Regulation S-B is not contained in this form, and no disclosure
will be contained, to the best of registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of
this form 10-KSB or any amendment to this Form 10-KSB.

State issuer's revenues for its most recent fiscal year ($821,369)

State the aggregate market value of the voting and non-voting common equity
held by non-affiliates computed by reference to the price at which the
common equity was sold , or the average bid and asked price of such common
equity, as of a specified date within the past 60 days.   $10,499,911.28











 PART I


ITEM 1 - DESCRIPTION OF BUSINESS

          Magnum d'Or Resources, Inc. ("Magnum" or "the Company") is a
          junior resource company managed by professionals focused on the
          exploration and advancement of premium base and precious metal
          assets primarily in Mongolia. The Company is currently exploring
          4 properties in Mongolia whereby the company has an option to
          earn a 100% in the properties and to purchase the royalties
          outright. Two of the properties are strategically located near
          the town of Undershill adjacent to Ivanhoe Mines' property in
          Mongolia. Magnum's recent discoveries in the Undershill
          properties and the recent acquisition to earn up to a 100%
          interest in the Khol Morit porphyry-copper gold property will
          ensure a busy exploration year for Magnum in 2004. Recent
          Mongolian discoveries are attracting worldwide exploration
          interest in Mongolia and land acquisition processes are proving
          favourable for exploration licensing.


          ITEM 2 - DESCRIPTION OF PROPERTY

          Magnum  acquired an option to earn a 100% interest in the Shandi
          gold-copper property located in southeastern Mongolia. The
          property hosts favourable geology and shares borders with Ivanhoe
          Mines and International Uranium Corp. The Shandi property lies
          within the Undurshil Deep Fault, a region favourable to
          significant copper and gold discoveries. The company has
           expanded its holdings in the area by acquiring interest in the
          two properties adjacent to the Shandi property.

          Magnum has signed an agreement on two highly prospective gold
          properties in Mongolia bordering the famous Ivanhoe Mines
          licenses, and the existing Shandi property.

          The two highly prospective licenses neighboring Ivanhoe Mines and
          the Shandi Property have recently had work programs, which
          resulted in the discovery of the 'North Zone' in property one and
          the 'East Zone' the second property. The 'North Zone' discovery
          has an identified area of high mineral potential; the North Zone
          exploration program resulted in encouraging assay values from
          samples, which realized both copper and gold values. Other areas
          also showed very high potential for mineral exploration and will
          be further pursued in an initial work program. Based on fieldwork
          it is recommended that the North Zone undergo additional
          geological mapping, rock and soil sampling, and Induced
          Polarization surveys to help define the possibilities of a
          significant new discovery. Future work is also highly recommended
          on the other prospective areas within the North Zone that were
          previously identified in the program. In the identification of
          'The East Zone,' the second property, the East Zone is described
          as an epithermal-magnetite occurrence similar to a Nevada type
          occurrence giving immediate elevated nickel and cobalt values. In
          addition, the zone is coincident with a geophysical high, which
          extends in an east-west direction for 5 km. This zone may be
          representative of a porphyry/skarn occurrence and endures the
          possibility of significant mineralization.

          Magnum has acquired an option to earn a 100% interest in the Khol
          Morit porphyry-copper gold property located west of Ivanhoe
          Mine's Turquoise Hill Project in south-eastern Mongolia. Under
          the terms of the option agreement, Magnum has an exclusive right
          to earn a 100% interest in the property within a 9-month period
          through share issuance, a small cash consideration, and an
          exploratory work program to take place within 9 months.

          The Khol Morit property hosts a porphyry copper system with
          alteration covering 2 square kilometers. In a recent report on
          the property, it was suggested that due to the effects of surface
          oxidation and leaching, copper mineralization may be more
          extensive at depth than at the surface.

          Item 3.        Legal Proceedings

     None

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

          None


                                  PART II

Item 5.        Market for Common Equity and Related Stockholders Matters.

     There is no public market for the registrant's securities.

     The market for common equity for the high and low bid information for
     the registrant's last two fiscal years by quarters is as follows:

     Date

Date            Bid              Ask
3/31/02         .09              .10
6/30/02         .002             .004
9/30/02         .042             .072
12/31/02        .17              .25
3/31/03         .10              .11
6/31/03         .035             .038
9/30/03         .108             .11
12/31/03        .165             .17

     The above numbers are over-the-counter market quotations that reflect
     inter-dealer prices, without retail mark-up, mark-down or commission
     and may not represent actual transactions.  These numbers have been
     presented by management.

The registrant has _____shareholders of record as of September 30, 2003.

The registrant has never paid any dividends.

Item 6.        Management's Discussion and Analysis or Plan of Operation.

     a) Plan of Operation.

The following discussion and analysis should be read in conjunction with
our financial statements dated September 30, 2002, and September 30, 2003
(audited)...

Results of Operations

During the period from September 3, 1999, (inception) through September 30,
2003, we have accomplished the following:

     - Organizational activities and preparation for registration of our
       securities under the Securities Act of 1933. Magnum d'Or Resources, Inc.
       received only minimal ($7,505) revenues during this period.
     - Changed the name of our company from Progolftournaments.com, to
       Registrant, Inc and later to  Magnum d'Or Resources, Inc.
     - Effected a two for one stock split for all shareholders of record
       on January 31, 2001.
     - Effected a 50 for one reverse stock split for all shareholders
       of record on July 15, 2002.
     - Effected a 300 for one reverse stock split for all shareholders
       of record on October 21, 2002


For the current fiscal year, Magnum d'Or Resources, Inc. anticipates
incurring a loss as a result of organizational expenses, expenses
associated with registration under the Securities Act of 1933, and expenses
associated with setting up a company structure to begin implementing its
business plan. Magnum d'Or Resources Inc. anticipates that until these
procedures are completed it will not generate substantial revenues and may
continue to operate at a loss thereafter, depending upon the performance of
the business.

During the period from September 30, 2002 to September 30, 2003 Magnum d'Or
Resources, Inc. had losses of $821,369.

Liquidity and Capital Resources

Our balance sheet as of September 30, 2003 reflects total assets of $204.

(b)  Management's discussion and analysis of Financial Condition and
     Results of Operations.

Management is currently looking for the capital to complete our business
plan.  Negotiations and exploration are continuing.

Magnum d'Or Resources, Inc. ("the Company") expects to carry out its plan
of business. In addition, we may engage in a combination with another
business. The Company cannot predict the extent to which its liquidity and
capital resources will be diminished prior to the consummation of a
business combination or whether its capital will be further depleted by the
operating losses (if any) of that entity. The Company has not engaged in
discussions concerning potential business combinations.

The Company will need additional capital to carry out its business plan or
to engage in a business combination. Limited commitments to provide
additional funds have been made by management or other shareholders. We
cannot assure you that any additional funds will be available on acceptable
terms or at all. The Company has no commitments for capital expenditures.

The Company continues to work towards interpreting the wide range of data
and information from its Mongolian Gold- Copper properties.

In more recent months, the Company has successfully fulfilled the terms
outlined in the 2003 Option Agreement on the North and East Zone properties
by completing the initial work program.  Moreover, through the completion
of the work program, two mineral discoveries are now confirmed and an
additional discovery has since been made.  The areas are identified as
Magnetite Hill, the Gold-Copper Zone and the (new) Copper Zone.  The
Company expects to commence drilling in the Spring of 2004.

Finally, the Company acquired an additional Option to earn 100% interest in
the Khol Morit prorphyry-copper gold property in South Eastern Mongolia.

On the corporate front, the last quarter included the appointment of Robert
Currie to the Board of Directors of the Company.

Liquidity and Capital Resources

The Registrant is a development stage company and has had no revenues for
the past three months.















































Item 7.  Financial Statements

                      RUSSELL & ATKINS, PLC

                                     5809 North Grand, Suite D
  Dennis Atkins                      Oklahoma City, OK  73118
  Casey Russell                      Telephone:  (405) 607-8743
  Member SEC                         Fax:  (405) 607-8744
Practice Section                     E-mail: HARCPAS@hotmail.com




                  INDEPENDENT AUDITORS' REPORT


To the Board of Directors and Shareholders of
Magnum d'Or Resources Inc. and Subsidiary

We have audited the balance sheet of Magnum d'Or Resources Inc.
and Subsidiary - (A Development Stage Enterprise) as of September
30, 2003 and the related statements of operations, shareholders'
equity and cash flows for the period September 3, 1999 (date of
inception) to September 30, 2003.  These consolidated financial
statements are the responsibility of the Company's management.
Our responsibility is to express an opinion on the financial
statements based on our audit.

We did not audit the consolidated financial statements of Magnum
d'Or Resources, Inc. and Subsidiary for the period September 3,
1999 (date of inception) to September 30, 2002.  The consolidated
financial statement amounts of the statements of operations, cash
flows and changes in shareholders' equity for such period are
encompassed in the cumulative financial statements for the period
September 3, 1999 (date of inception) to September 30, 2002.  The
consolidated financial statements for all periods prior to
October 1, 2002 were audited by other auditors whose reports
expressed an unqualified opinion on those statements, and our
opinion, in so far as it relates to amounts for the period from
inception to September 30, 2002 in the cumulative totals for the
consolidated statements of operations, cash flows and changes in
shareholders' equity is based solely on the report of the other
auditors.

We conducted our audit in accordance with auditing standards
generally accepted in the United States of America.  Those
standards require that we plan and perform the audit to obtain
reasonable assurance about whether the consolidated financial
statements are free of material misstatement.  An audit includes
examining, on a test basis, evidence supporting the amounts and
disclosures in the consolidated financial statements.  An audit
also includes evaluating the overall financial statement
presentation.  We believe that our audit provides a reasonable
basis for our opinion.

In our opinion, the financial statements referred to above,
present fairly, in all material respects, the financial position
of Magnum d'Or Resources Inc. as of September 30, 2003 and the
results of its operations and its cash flows for the period
September 3, 1999 (date of inception) to September 30, 2003 in
conformity with accounting principles generally accepted in the
United States of America.

/s/ Russell & Atkins, PLC

January 19, 2004





MAGNUM D'OR RESOURCES INC.
(A DEVELOPMENT STAGE
ENTERPRISE)
BALANCE SHEET
AS AT SEPTEMBER 30, 2003

                                               2003        2002

ASSETS

CURRENT ASSETS
Cash                                             -        -
Sundry asset                                     -        100
                                                -------------
Total Current Assets                             -        100
                                                -------------
FIXED ASSETS
Office furniture                                 581      524
Less: Accumulated
depreciation                                    (377)    (249)
                                                -------------
Total Fixed Assets                               204      275

Total Assets                                     204      375
                                                 ------------
LIABILITIES AND SHAREHOLDER EQUITY

CURRENT LIABILITIES

Accounts payable                              61,443        -
Loan payable                                     -     54,887
                                             ----------------
Total Current Liabilities                     61,443   54,887
                                              ---------------
SHAREHOLDER EQUITY

Common stock, par value $.001,
160,000,000 authorized,
  issued and outstanding - 80,000,000
(2002 - 1,810,460)                             80,000   1,810

Preferred stock, par value $.001,
10,000,000 authorized,
 issued and outstanding -
7,000,000                                       7,000    -

Additional paid in capital                  1,301,361 571,809


Deficit accumulated during
development stage                          (1,449,600) (628,231)
                                           --------------------

Total Shareholder Equity                      (61,239)  (54,612)
                                             ------------------

Total Liabilities and
Shareholder Equity                                204       275



The accompanying notes are an integral part of
these financial statements








MAGNUM D'OR RESOURCES INC.
(A DEVELOPMENT STAGE
ENTERPRISE)
STATEMENT OF OPERATIONS
FOR THE YEAR ENDED SEPTEMBER 30, 2003
                                                               From
                                                            Inception
                                                             (Sept 3,
                                                              1999)
                                                           to September
                                          2003     2002       30, 2003

REVENUE                                     -        -        -

OPERATING EXPENSES
Management and consulting
fees                                    797,012  205,000  989,179
Web site development costs
                                        -        190,000  188,000
Travel and promotion
                                         15,551   21,881   99,144
Depreciation
                                            107      105   31,332
Exploration and development
costs                                    20,000     -      20,000
Professional fees                        26,396   24,475   77,319
General and administrative               58,686   3,793    81,810
                                         ------------------------
Total Operating Expenses
                                       917,752  445,254  1,486,784
                                       ---------------------------
LOSS FROM OPERATIONS BEFORE UNUSUAL
ITEM                                  (917,752)(445,254)(1,486,784)



UNUSUAL ITEM
  Gain(loss) on settlement of
debt                                    96,383   (59,199)  37,184
                                        --------------------------

NET LOSS                                 $        $        $
                                      (821,369) (504,453)  (1,449,600)
                                      -------------------------------

WEIGHTED AVERAGE NUMBER OF COMMON
 SHARES OUTSTANDING - BASIC AND
DILUTED                             29,550,600  694,484
                                    ====================

LOSS PER SHARE - BASIC AND               $        $
DILUTED                                 (0.027)  (0.727)
                                    ====================

The accompanying notes are an integral part of
these financial statements


MAGNUM D'OR RESOURCES INC.
(A DEVELOPMENT STAGE
ENTERPRISE)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED SEPTEMBER 30, 2003
                                                               From
                                                            Inception
                                                             (Sept 3, 1999)
                                                            to September
                                           2003     2002       30, 2003

CASH FLOW FROM OPERATING ACTIVITIES

Net Loss                                (821,369) (504,453)  (1,449,600)

Adjustments to reconcile net
loss to net cash
 used in operating
activities
Stock issued for services and
expenses                                 814,742   395,000    1,209,742
Depreciation                                 107       105       31,332
Loss on sale of software
license                                        -    57,525       57,525
Issuance of preference
shares                                    (7,000)      -         (7,000)
Gain(loss) on settlement of
debt - noncash portion                     1,718   108,562       95,639
Foreign exchange
adjustment                                   (50)     -
Changes in assets and
liabilities
 Decrease in sundry assets                   100     5,067
 Increase(decrease) in
accounts payable                          61,443  (120,983)       61,443
                                          ------------------------------


                                         871,060   445,276     1,448,681
                                         -------------------------------
Net Cash Used in Operating
Activities                                49,691   (59,177)         (919)
                                         -------------------------------

CASH FLOW FROM FINANCING ACTIVITIES
 Adjustment of stock re
reverse split                             (1,804)       -           -
 Issuance of  shares                       7,000     1,500         1,500
 Increase(decrease) in loans
payable- net                             (54,887)   40,116          -
                                        ---------------------------------


Net Cash Used In Financing
Activities                               (49,691)   41,616          1,500
                                         --------------------------------

CASH FLOW FROM INVESTING ACTIVITIES
 Disposal of fixed assets                  -        17,561           -
 Purchase of fixed assets                  -           -             (581)
                                           ------------------------------
Net Cash Provided By Investing
Activities                                 -        17,561           (581)
                                          -------------------------------
Increase(Decrease) in Cash
                                           -            -             -

Cash and Cash Equivalents -
Beginning of Period                        -            -             -

Cash and Cash Equivalents - End          $        $        $
of period                                  -            -             -
                                          --------------------------------
Supplementary Information
   Interest paid                           486          633          1,119
   Taxes paid                              -            -             -

The accompanying notes are an integral part of
these financial statements








































MAGNUM D'OR RESOURCES INC.
(A DEVELOPMENT STAGE ENTERPRISE)
STATEMENT OF CHANGES IN STOCKHOLDER EQUITY
FROM INCEPTION(SEPTEMBER 3, 1999) TO SEPTEMBER 30, 2003

<TABLE>
<CAPTION>
                                                                             Accumulated
                                                                 Additional  During the
                                                 Preference       Paid-In    Development
                      Common Stock               Shares
                         Shares        Amount   Shares  Amount   Capital       Stage     Totals

<S>                      <C>           <C>      <C>      <C>     <C>          <C>         <C>
Balance -
September 3, 1999         -             -        -        -       -            -           -

September 30,
1999
  Shares issued           8,861,300     8,861    -        -       85,080                   93,941
for cash

  Shares issued           1,000,000
for services                            1,000    -        -         -           -          1,000

Net Loss -
September 30, 1999           -           -        -        -        -           (12,197)   (12,197)


Balance -                 9,861,300
September 30, 1999                       9,861    -        -        85,080      (12,197)    82,744

September 30,
2000
  Options issued
for software
   license                   -           -        -        -        82,178        -         82,178

Net Loss -
September 30, 2000           -           -        -        -         -           (38,599)  (38,599)


Balance -                 9,861,300
September 30, 2000                       9,861    -        -        167,258      (50,796)   126,323

January 30, 2001
 2 for 1 stock            9,861,300
split                                    9,861    -        -        (9,861)          -           -

Net Loss -
September 30, 2001           -            -       -        -          -           (72,982)    (72,982)


Balance -                19,722,600
September 30, 2001                       19,722   -         -        157,397       (123,778)   53,341

Stock issued for         13,300,000
services                                 13,300   -         -        371,700         -         385,000

July 15, 2002
 Reverse stock           (32,362,140)
split 1 for 50                           (32,362)  -        -         32,362         -           -


Shares issued for         1,000,000
services                                  1,000    -        -          9,000         -           10,000

Shares issued to            150,000
settle debt                                150     -        -          1,350         -            1,500

Net Loss -
September 30, 2002             -            -       -        -           -           (504,453)   (504,453)


Balance -                 1,810,460
September 30, 2002                         1,810    -        -          571,809      (628,231)    (54,612)


October 2002
 Reverse stock            (1,804,276)
split 1 for 300                            (1,804)  -        -           1,804           -           -

Stock issued for
services and
 expenses                  79,993,816
                                           79,994   -        -            734,748        -         814,742

Issuance of
preference shares             -             -        7000000 7,000        (7,000)        -           -


Net Loss -
September 30, 2003            -             -        -        -             -           (821,369)   (821,369)


Balance -                   80,000,000
September 30, 2003                         80,000    7000000  7,000         1301361      (1449600)    (61239)


</TABLE>






                        MAGNUM D'OR RESOURCES INC.
                     (A Development Stage Enterprise)
                      Notes To  Financial Statements
                            September 30, 2003

Note 1 - General

     Nature of Business

     MAGNUM  D'OR RESOURCES INC., Inc. (the "Company") was incorporated  on
     September  3,  1999  under  the laws of  the  State  of  Nevada.   The
     Company's  primary  business activity is  to  invest  in  and  develop
     resource properties.

     In  April  2003,  the  Company  spun off  is  wholly-owned  subsidiary
     Progolftournaments.com Inc.

     The Company's fiscal year end is September 30.

Note 2 - Summary of Significant Accounting Policies:

     Basis of Presentation - Development Stage Company

     The  Company  has  not  earned  any  revenue  from  limited  principal
     operations.  Accordingly, the Company's activities have been accounted
     for  as  those  of a "Development Stage Enterprise" as  set  forth  in
     Financial  Accounting  Standards Board Statement  No.  7  ("SFAS  7").
     Among  the  disclosures  required by SFAS 7  are  that  the  Company's
     financial  statements be identified as those of  a  development  stage
     company,  and that the statements of operations, stockholders'  equity
     (deficit)  and  cash flows disclose activity since  the  date  of  the
     Company's inception.

     Basis of Accounting

     The  accompanying  financial statements  have  been  prepared  on  the
     accrual  basis of accounting in accordance with accounting  principles
     generally  accepted  in  the  United States.   Significant  accounting
     principles  followed by the Company and the methods of applying  those
     principles,  which  materially affect the determination  of  financial
     position and cash flows are summarized below.


     Estimates

     The  preparation of financial statements in conformity with accounting
     principles generally accepted in the United States requires management
     to make estimates and assumptions that affect certain reported amounts
     and  disclosures.  Accordingly, actual results could differ from those
     estimates.
















                        MAGNUM D'OR RESOURCES INC.
                     (A Development Stage Enterprise)
                       Notes To Financial Statements
                            September 30, 2003

Note 2 - Summary of Significant Accounting Policies: (Continued)

     Cash and Cash Equivalents

      For  purposes of the statement of cash flows, the Company  considered
all  cash  and other highly     liquid investments with initial  maturities
of three months or less to be cash equivalents.

     Property and Equipment

     The   Company  follows  the  practice  of  capitalizing  property  and
     equipment  is stated at cost in excess of $500.  The cost of  ordinary
     maintenance  and repairs is charged to operations while  renewals  and
     replacements  are  capitalized.  Depreciation  is  computed  over  the
     estimated useful lives of the assets generally as follows:

               Office Furniture         5 years

     Income Taxes

     The  Company  accounts  for income taxes under  SFAS  No.  109,  which
     requires  the  asset and liability approach to accounting  for  income
     taxes.   Under  this method, deferred tax assets and  liabilities  are
     measured  based  on  differences between financial reporting  and  tax
     bases  of assets and liabilities measured using enacted tax rates  and
     laws  that are expected to be in effect when differences are  expected
     to reverse

     Net earning (loss) per share

     Basic  and  diluted net loss per share information is presented  under
     the  requirements of SFAS No. 128, Earnings per Share.  Basic net loss
     per  share  is  computed by dividing net loss by the weighted  average
     number  of  shares  of common stock outstanding for the  period,  less
     shares subject to repurchase.  Diluted net loss per share reflects the
     potential  dilution  of  securities  by  adding  other  common   stock
     equivalents,  including stock options, shares subject  to  repurchase,
     warrants  and  convertible preferred stock,  in  the  weighted-average
     number  of  common shares outstanding for a period, if dilutive.   All
     potentially   dilutive  securities  have  been   excluded   from   the
     computation, as their effect is anti-dilutive.

     Fair Value of Financial Instruments

     The carrying amount of cash, deposits, accounts payable are considered
     to  be  representative of their respective fair values because of  the
     short-term nature of these financial instruments.

















                        MAGNUM D'OR RESOURCES INC.
                        (A Development Enterprise)
                       Notes To Financial Statements
                            September 30, 2003

Note 2 - Summary of Significant Accounting Policies: (Continued)

     Recently Issued Accounting Standards

     In  December 2002, the FASB issued SFAS No. 148 "Accounting for Stock-
     Based  Compensation-Transition and Disclosure - an amendment  of  FASB
     Statement  No.  123"  (FAS  148).  The  statement  amends   SFAS   123
     "Accounting  for  Stock  Based Compensation:"  (FAS  123)  to  provide
     alternative methods of voluntarily transition to the fair value  based
     method  of accounting for stock based employee compensation.  FAS  148
     also   amends  the  disclosure  requirement  of  FAS  123  to  require
     disclosure  of  the  method used to account for stock  based  employee
     compensation and the effect of the method on reported results in  both
     annual  and  interim  financial statements. The disclosure  provisions
     will be effective for the Company beginning with the Company's quarter
     ended  March 31, 2003. The Company has no current intention to  change
     its policy of accounting for stock-based compensation.

     In  January 2003, the FASB issued FASB Interpretation No. 46 (FIN 46),
     "  Consolidation of Variable Interest Entities, and Interpretation  of
     ARB  No.51." FIN 46 requires certain variable interest entities to  be
     consolidated  by the primary beneficial of the entity  if  the  equity
     investors  in the entity do not have characteristics of a  controlling
     financial  interest or do not have sufficient equity at risk  for  the
     entity  to  finance  its  activities without  additional  subordinated
     financial support from other parties. FIN 46 is effective for all  new
     variable interest entities created or acquired after January 31, 2003.
     For  variable interest entities created or acquired prior to  February
     1,  2003,  the  provisions of FIN 46 must be  applied  for  the  first
     interim or annual period beginning on or after June 15, 2003.

     On  April  30,  2003 the FASB issued Statement No. 149, "Amendment  of
     Statement  133 on Derivative Instruments and Hedging Activities."  The
     Statement  amends and clarifies accounting for derivative instruments,
     including  certain derivative instruments embedded in other contracts,
     and  for  hedging activities under Statement 133. The  amendments  set
     forth  in Statement 149 improve financial reporting by requiring  that
     contracts  with comparable characteristics be accounted for similarly.
     In  particular,  this Statement clarifies under what  circumstances  a
     contract with an initial net investment meets the characteristic of  a
     derivative  as discussed in Statement 133. In addition,  it  clarifies
     when a derivative contains a financing component that warrants special
     reporting  in the statement of cash flows. This Statement is effective
     for contracts entered into or modified after June 30, 2003.

     On  May  15,  2003 the FASB issued Statement No. 150, "Accounting  for
     Certain Financial Instruments with Characteristics of both Liabilities
     and  Equity".  The  Statement  improves  the  accounting  for  certain
     financial  instruments  that, under previous guidance,  issuers  could
     account  for  as  equity.  The  new  Statement  requires  that   those
     instruments  be classified as liabilities in statements  of  financial
     position.  In addition to its requirements for the classification  and
     measurement of financial instruments in its scope, Statement 150  also
     requires   disclosures  about  alternative  ways   of   settling   the
     instruments and the capital structure of entities, all of whose shares
     are  mandatorily redeemable. Most of the guidance in Statement 150  is
     effective for all financial instruments entered into or modified after
     May 31, 2003.

     The  company  believes  that  none of the recently  issued  accounting
     standards will have a material impact on the financial statements.













                        MAGNUM D'OR RESOURCES INC.
                        (A Development Enterprise)
                       Notes To Financial Statements
                            September 30, 2003


Note 3 - Income Taxes

      There has been no provision for U.S. federal, state, or foreign income
     taxes  for any period because the Company has incurred losses  in  all
     periods and for all jurisdictions.

       Deferred  income  taxes  reflect the net tax  effects  of  temporary
     differences between the carrying amounts of assets and liabilities for
     financial  reporting  purposes and the amounts  used  for  income  tax
     purposes.  Significant  components  of  deferred  tax  assets  are  as
     follows:

     Deferred tax assets
        Net operating loss carryforwards                $1,449,600
        Valuation allowance for deferred tax assets     (1,449,600)
     Net deferred tax assets                          $          -

    Realization  of deferred tax assets is dependent upon future  earnings,
    if  any,  the  timing and amount of which are uncertain.   Accordingly,
    the  net  deferred  tax assets have been fully offset  by  a  valuation
    allowance.  As  of  September 30, 2003, the Company had  net  operating
    loss  carryforwards of approximately $1,449,600 for federal  and  state
    income  tax purposes.  These carryforwards, if not utilized  to  offset
    taxable  income  begin  to  expire in 2016.   Utilization  of  the  net
    operating loss may be subject to substantial annual limitation  due  to
    the  ownership change limitations provided by the Internal Revenue Code
    and  similar state provisions.  The annual limitation could  result  in
    the expiration of the net operating loss before utilization.

Note 4 - Share Capital

    The  company  has  authorized 50,000,000 shares  of  $0.001  par  value
    common  stock  and  10,000,000 shares of  $0.001  par  value  preferred
    stock. On September 30, 1999 the company issued 8,861,300 common  stock
    to  the  founders in exchange for $93,941 cash. Also on  September  30,
    1999,  the company issued 1,000,000 common stock at par value of $0.001
    or $1,000 for services rendered.

    On  April 26, 2000, the company granted an option to Psygnosis Ltd.  to
    purchase  25%  of  the issued share capital of the corporation  for  an
    aggregate  price  of  $1.  The additional  paid  in  Capital  has  been
    increased by $82,178 to record the value of the software license.

    On January 30, 2001, the company split its common stock two shares for
    each share outstanding. 9,861,300 shares were issued to shareholders
    on record as at January 30, 2001.

    Prior  to the fifty to one reverse split on July 15, 2002, the  company
    issued   13,300,000  shares  for  various  consulting   and   marketing
    services.  The services were valued based on the fair market  value  of
    the  stock at the date of issue. 6,300,000 shares were valued at  $0.05
    per share and 7,000,000 shares were valued at $0.01 per share.


    On  July 15, 2002, the company reverse split its common stock fifty  to
    one.  32,362,140 shares were cancelled based on shareholders on  record
    as  at July 15, 2002. In August, 2002, 1,000,000 shares were issued for
    various consulting and marketing services. The services were valued  at
    $0.01  per  share being fair market value of the stock at the  date  of
    issue.

    In September, 2002, 150,000 shares were issued on settlement of debt .




                        MAGNUM D'OR RESOURCES INC.
                        (A Development Enterprise)
                       Notes To Financial Statements
                            September 30, 2003

Note 4 - Share Capital(continued)

    The  company reverse split its common stock 300 to 1. 1,804,276  shares
    were cancelled based on shareholders on record at October 21, 2002.

    In  April 2003, the Company amended its articles to increase its  share
    capital to 160,000,000 common shares.

    During  the year ended September 30, 2003,  the Company issued a  total
    of  77,907,216  of  shares in exchange for consulting and  professional
    services  rendered  to  various  individuals  and  companies  of  which
    21,285,600 were issued to the Company president.

    During  the year ended September 30, 2003 the Company issued  2,086,600
    in shares to the Company president for reimbursement of expenses.

    During  the year ended September 30, 2003, the Company issued  a  total
    of   7,000,000  preference  shares  to  the  Company  president.   Each
    preference  share  is allowed 20 common share votes and  the  stock  is
    non-convertible at 20 common shares for each preference share owned.

Note 5 - Purchase of Option On Resource Property

    On  November 13, 2002, the Company entered into an agreement to acquire
    an  option  to purchase 60% of a resource property known as the  Shandi
    Property in Shuteen, Mongolia for 200,000 shares of the Company  stock,
    $  35,000  in  cash and an agreement to spend $ 20,000  in  exploration
    costs  during the 12 months subsequent to this agreement.  In  addition
    to  acquire  the balance of the property, the Company  must  spend   an
    additional  $  60,000  in  exploration  costs  during  the  12   months
    subsequent to this agreement.  The Company subsequent to September  30,
    paid  the  additional  funds  to  satisfy  its  commitment  under  this
    agreement.

Note6 - Related Party Transactions

     The  Company's  president was paid $212,856  in  consulting  fees  and
     reimbursed for $ 20,866 in expenses salaries during the year. Included
     in accounts payable is $ 54,611 owing to the Company's president.

Note 7 - Going Concern

     The accompanying financial statements have been prepared in conformity
     with  generally  accepted  accounting principles,  which  contemplates
     continuation  of  the  Company  as  a  going  concern.   The   Company
     operations are in the development stage, the Company has generated  no
     income,  and  has  incurred losses of $1,449,600 in  operations  since
     inception.

     The  future success of the Company is likely dependent on its  ability
     to  attain  additional  capital to develop its resource  property  and
     ultimately,  upon its ability to attain future profitable  operations.
     There  can  be  no  assurance that the Company will be  successful  in
     obtaining  such financing, or that it will attain positive  cash  flow
     from operations.










                        MAGNUM D'OR RESOURCES INC.
                        (A Development Enterprise)
                       Notes To Financial Statements
                            September 30, 2003

Note 8 - Comparative Financial Statements

     The  prior year's financial statements which were prepared by  another
     firm  of  accountants has been restated and reclassified to take  into
     account the spin off of the assets, liabilities, revenues and expenses
     of the wholly-owned subsidiary.




 ITEM 8 - CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.

On July 7, 2003 in accordance with Regulation S-K Item 304,  MacCallum Horn
LLP resigned as auditor of Magnum d'Or Resources Inc.  MacCallum Horn
confirmed in a letter to the SEC that they have issued a standard auditor's
report for the past two years with no qualifications or modifications.
MacCallum Horn further confirmed to the SEC that there has been no
disagreements with management of registrant on any accounting issues or
that a change was recommended by the Board of Directors or the Audit
Committee.

ITEM 8A - CONTROLS AND PROCEDURES

Registrant's principal executive and principal financial officers are
comfortable with the effectiveness of the registrant's disclosure controls
and procedures as defined in Section 240.13a-15(e) or 240.15d15d-15(e) of
The Securities Exchange Act of 1934.


Registrant does not have an audit committee and internal control over
financial reporting is solely in the hands of registrant's principal
executive and principal financial officers.


ITEM 9 - DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.
Reno J. Calabrigo, CPO, President and Director, age 46, holds a 1981 B.A.
from Simon Fraser University and an MBA form the University of Idaho
(1983).  From 2000 through 2004 Mr. Calabrigo served as president of Eagle
Asset Management Corporation.  Previously to this Mr. Calabrigo was self
employed.
Janet Winkler, CFO and Director, age 47, has been involved as a self
employed consultant for the last 5 years.
John K. Yee, age 48, has been semi retired for the last 5 years.  While
semi retired he has been involved as an investor in the golf and housing
industry in both Palm Springs, California and Vancouver, British Columbia.
Kenneth G. Sanders, BA Sc, P.Eng,, age 78, is a Director and retired
professional engineer/mining geologist. Mr. Sanders is a graduate of the
University of Toronto (1949) with a degree in engineering, majoring in
mining geology.
Robert Currie, Director, age 49, has served as a president and director of
R. Currie, a private British Columbia corporation involved in contracting
and investing, including mining, constructing and explosures over a period
of 30 years.


ITEM 10.  EXECUTIVE COMPENSATION

No officer or director has received any cash remuneration from Registrant.
Although there is a current plan for executive compensation in existence
and this plan as well as amendments have been filed with the SEC, it is
possible that Registrant will amend this plan to pay or accrue compensation
to its Directors and Officers for services related to the implementation of
the concept and business plan.
The registrant does not have a policy established for non-cash remuneration
or reimbursement for Directors and Officers.  The following table shows the
stock that has been issued to the officers and directors of registrant:

Reno J. Calabrigo, CEO, President     10,965,816
and Director
Janet Winkler, CFO, Secretary and        250,000
Director
John Yee, Director                     6,000,000
Robert Currie, Director                1,000,000
Kenneth Sanders, Director                      0







ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth as of September 30, 2003, Registrant's
outstanding common stock owned of record or beneficially by each executive
officer and director and by each person who owned of record, or was known
by Registrant to own beneficially, more than 5% of the Company's common
stock and the shareholdings of all executive officers as a group.

Class                    Name and Address  Shares Owned  Percentage of Class
Reno J. Calabrigo, CEO, President            10,965,816           13.71%
and Director
Janet Winkler, CFO, Secretary and              250,000            00.31
Director
John Yee, Director                           6,000,000            07.95
Robert Currie, Director                      1,000,000             00.1325
Kenneth Sanders, Director                       0















ITEM 12 Certain Relatiionships and Related Transactions.

No officer or director has received any cash remuneration from Registrant.
Although there is a current plan for executive compensation in existence
and this plan as well as amendments have been filed with the SEC, it is
possible that Registrant will amend this plan to pay or accrue compensation
to its Directors and Officers for services related to the implementation of
the concept and business plan.

The registrant does not have a policy established for non-cash remuneration
or reimbursement for Directors and Officers.  The following table shows the
stock that has been issued to the officers and directors of registrant:

Reno J. Calabrigo, CEO, President          10,965,816
and Director
Janet Winkler, CFO, Secretary and             250,000
Director
John Yee, Director                          6,000,000
Robert Currie, Director                     1,000,000
Kenneth Sanders, Director                           0


Item 13.       Item 13.  Index to Exhibits and reports on Form 8-K..


     The following list describes the exhibits filed as part of this Annual
Report on Form 10-KSB.



Exhibit         Name                     Page

  3.1           Articles of Incorporation*
  3.2           Bylaws*
  5             Opinion re: Legality*
  10.1          Psygnosis Ltd. Contract*
  10.2          V-Store Agreement*
  23.1          Consent of Independent Auditors
  23.2          Consent of Counsel (see Exhibit 5.1)*
  23.3          Consent of Independent Auditors.

* Previously submitted

Reports on Form 8-K


Form 8-K dated July 7, 2003.
This 8-K involves amendments to the Consulting Services Plan of the
registrant as well as the appointment of additional directors and the
resignation of accountants.

(A)  EXHIBITS

NUMBER                                 DESCRIPTION

(B)                                 REPORTS ON FORM 8-K


Form 8-K dated July 7, 2003

ITEM 14 PRINCIPAL ACCOUNTANT FEES AND SERVICES

During the past two fiscal years the registrant paid $1,364 to the firm of
MacCallum Horn Chartered Accountants for review of interim financial
statements,  The year end review for 2002 and the audit as disclosed in the
year 2003 financial statements cost registrant $5,698.

Registrant paid the firm of Atkins & Russell, Certified Public
Accountants, 5809 N. Grand Ave. Suite D, Oklahoma City, OK 73118, the
amount of $3,500 for the year end 2003 review and audit.

Registrant does not have an audit committee.










                              CERTIFICATIONS



I, Reno Calabrigo, certify that:

    (1) I have reviewed this annual report on Form 10-KSB of Magnum d'Or
Resources Inc.;


    (2) Based on my knowledge, this annual report does not contain any
untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the  circumstances
under which such  statements  were made, not  misleading with respect to
the period covered by this annual report;

    (3) Based on  my  knowledge, the financial statements, and other
financial information  included in this annual report, fairly  present in
all  material respects  the  financial condition, results of  operations
and cash  flows of the  registrant  as of, and for,  the  periods
presented in this annual report;

    (4) The registrant's other certifying officer and I are  responsible
for establishing and  maintaining  disclosure  controls  and  procedures
(as defined in Exchange  Act Rules  13a-14 and  15d-14) for  the
registrant and have:

             (a) designed such  disclosure  controls and  procedures to
ensure that material information relating to the registrant, including its
consolidated subsidiaries, is made  known to us by  others within those
entities, particularly during the period in  which this annual report is
being prepared;

             (b) evaluated  the  effectiveness  of  the registrant's
disclosure controls and  procedures as of  a date  within  90  days  prior
to  the  filing  of  this annual report  (the  "Evaluation Date"); and

             (c) presented in this annual report our conclusions  about
the effectiveness of  the disclosure controls and procedures  based on our
evaluation as of the Evaluation Date;

    (5) The registrant's other certifying officer and I have disclosed,
based on our  most  recent evaluation, to the registrant's auditors and the
audit committee of registrant's board of directors:

             (a) all significant  deficiencies in  the  design or
operation  of internal controls which could adversely affect the
registrant's ability to record, process, summarize and report financial
data and have identified for the registrant's auditors any  material
weaknesses in internal controls; and

             (b) any fraud, whether or not material, that involves
management or other employees who have a significant role in the
registrant's internal controls; and

    (6) The registrant's other certifying officer and I have indicated in
this annual report whether  there were  significant  changes in  internal
controls or  other  factors  that  could significantly  affect  internal
controls subsequent to the date of our most recent evaluation, including
any  corrective  actions  with  regard  to significant deficiencies and
material weaknesses.





Date: January 14, 2004                       /s/ Reno J. Calabrigo
- -----------------------                   ------------------------
                                          Reno Calabrigo
                                          Chief Executive Officer
                                          President
                                          (Principal Executive Officer)










I, Janet Winkler, certify that:

    (1) I have reviewed this annual report on Form 10-KSB of Magnum d'Or
Resources Inc.;

    (2) Based on my knowledge, this annual report does not contain any
untrue statement of a material  fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances  under
which such  statements  were made, not misleading with respect to  the
period covered by this annual report;

    (3) Based on my knowledge, the financial statements, and  other
financial information  included in this annual report,  fairly  present in
all material respects  the  financial  condition, results of
operations and cash  flows of the registrant as of, and for, the periods
presented  in  this annual report;

    (4) The registrant's  other  certifying  officer  and I are
responsible for establishing  and  maintaining  disclosure  controls and
procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
registrant and have:

             (a) designed such disclosure controls and procedures to ensure
that material  information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others
within those  entities,  particularly  during the period in which
this annual report is being prepared;

             (b) evaluated  the  effectiveness of  the  registrant's
disclosure controls and  procedures as of a date  within 90 days
prior  to the  filing of  this annual report (the "Evaluation
Date");                and

             (c) presented in  this annual report our  conclusions about
the effectiveness of the disclosure controls and  procedures
based on our evaluation as of the Evaluation Date;

    (5) The registrant's other certifying officer and I have disclosed,
based on our most recent evaluation,  to the registrant's auditors and  the
audit committee of registrant's board of directors:
             (a) all significant deficiencies  in  the  design  or
operation  of internal controls which could adversely affect the
registrant's ability to record, process, summarize and report financial
data and have identified for the registrant's auditors any
material weaknesses in internal controls; and

             (b) any fraud, whether or not material, that involves
management or other employees who have a significant role in the
registrant's internal controls; and
    (6) The registrant's other certifying officer and I have indicated in
this annual report whether  there were  significant  changes in  internal
controls  or  other factors  that could  significantly  affect
internal controls subsequent to the date of our most recent evaluation,
including any  corrective actions  with  regard  to significant  deficiencies
and material weaknesses.


Date: January 14, 2004                       /s/ Janet Winkler
- -----------------------                   ------------------------
                                          Janet Winkler

                                   Secretary
                                   (Principal Financial
                                          and Accounting Officer)












                                SIGNATURES

     In accordance with the requirements of the Exchange Act, the
     registrant caused this report to be signed on its behalf by the
     undersigned, hereunto duly authorized.


                              Dated January 14, 2003

                              MAGNUM D'OR RESOURCES, INC.

                              /S/ Reno J. Calabrigo
                              Reno J. Calabrigo, President, and Director







OMB Number:
3235-0060

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                         UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.  20549


     FORM 8-K/A

                         CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934


       Date of report (Date of earliest event reported) July 7, 2003

                  Magnum d' Or Resources Inc.
     (Exact name of registrant as specified in its charter)


    NEVADA                                    0-31849             98-02152222
(State or other jurisdiction of incorporation) (Commission File
                                                       Number)  (IRS Employer
                                                            Identification No.)


       305 Lakeshore Road East, Oakville, Ontario L6J 1J3
            (Address of principal executive offices)


   Registrant's telephone number, including area code    (416) 962-4508

     ________________________________________________________
  (Former name or former address, if changed since last report)









          Item 4.  Changes in Registrant's Certifying Accountant

Registrant's Chartered Accountant, who was previously engaged as
registrant's principal accountant, has submitted the letter of resignation
attached as an exhibit to this Form 8-K on July 7, 2003.  This resignation
was not because of any problems related to generally accepted accounting
principals or any audit of the registrant.

  The  principal accountant's report on the financial statement for neither
of  the  past  two  years contained an adverse opinion or a  disclaimer  of
opinion,  however for both years it was qualified as to uncertainty  as  to
registrant's ability to  continue as a going concern.

The  decision to change accountants was not recommended or approved by  the
board of directors.  The registrant does not have an auditing committee.

During  the  registrant's two most recent fiscal years and  any  subsequent
interim period preceding this resignation, there were no disagreements with
the  former accountant on any matter of accounting principles or practices,
financial  statement  disclosure, or auditing  scope  of  procedure,  which
disagreement(s),  if  not  resolved  to  the  satisfaction  of  the  former
accountant, would have caused it to make reference to the subject matter of
the disagreement(s) in connection with its report.

The  registrant has provided the former accountant with a copy of this Form
8-K  along  with  a  request  that the former  accountant  to  furnish  the
registrant  with  a letter addressed to the Commission stating  whether  it
agrees with the statements made by the registrant in this Form 8-K and,  if
not,  stating  the respects in which it does not agree. The registrant  has
filed the former accountant's letter as an exhibit to this Form 8-K.

Registrant has not yet engaged a new chartered accountant but is actively
seeking one.  Registrant shall promptly file a Form 8-K when such new
chartered accountant is engaged.

                           ITEM 5. OTHER EVENTS

The registrant has admitted three new members to its Board of Directors.
The attached press releases include the resumes and professional
credentials of these persons.




                        FORWARD-LOOKING STATEMENTS

  Certain statements under this Item and elsewhere in this Form 8-K and  in
  the  exhibits  to this Form 8-K are not historical facts  but  constitute
  "forward-looking   statements"  within  the  meaning   of   the   Private
  Securities  Litigation Reform Act of 1995. These statements include,  but
  are  not  limited  to:  statements relating to  potential  growth  or  to
  potential   increases  in  revenues  and  net  income  through  previous,
  potential or possible mergers; acquisitions;
  license   agreements;   share  exchanges;  and  joint   ventures.   These
  statements  often can be identified by the use of terms  such  as  "may",
  "will",  "expect", "anticipate", "estimate", "should", "could",  "plans",
  "believes",  "potential",  or "continuing",  or  the  negative  of  these
  terms.  Such  forward-looking statements speak only as of the  date  made
  and  may  involve both known and unknown risks, uncertainties  and  other
  factors which may cause the actual results, performance
  or  achievements  of the registrant to be materially different  from  any
  future results, performance or achievements expressed or implied by  such
  forward-looking  statements. Although the registrant  believes  that  the
  expectations   reflected   in   such   forward-looking   statements   are
  reasonable,  the  registrant cannot guarantee future results,  levels  of
  activity,  performance,  achievements or events.  Moreover,  neither  the
  registrant nor any other person
  assumes   responsibility  for  the  accuracy  or  completeness  of   such
  statements.  The registrant disclaims any responsibility  to  revise  any
  forward-looking statements to reflect events or circumstances  after  the
  date  of  such  statement or to reflect the occurrence of anticipated  or
  unanticipated events.



                                 Exhibits


Exhibit One -Resignation Letter of Chartered Accountant
Exhibit Two- Appointment of new Director
Exhibit Three - Appointment of new Directors



















                                SIGNATURES


       Pursuant  to  the  requirements of the Securities  Exchange  Act  of
  1934,  the  registrant has duly caused this report to be  signed  on  its
  behalf by the undersigned hereunto duly authorized.








Magnum d'Or Resources Inc.
  September  4,2003
  By:  /S/ Reno J. Calabrigo
CEO, President, Secretary and Director











                                Exhibit One

Date:  September 4, 2003

United States Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC  20549

     RE: Resignation of Auditor

In accordance with Regulation S-K 304, we have resigned as auditor of
Magnum d'Or Resources Inc. effective July 7, 2003.  We confirm that we have
issued a standard auditor's report for the past two years with no
qualifications or modifications.  We also confirm that there have been no
disagreements with management on any accounting issues or that a change was
recommended by the Board of Directors or the Audit Committee.

We have reviewed the Form 8-K/A dated as of today and agree with the
statements made in the Form 8-K, Item 4.

Please contact us if you have any questions or concerns.

Yours truly,

                            MacCallum Horn LLP


________/s/____________
Harold VanderSchee, CA

G:\84610

C.C. -    Christopher Moran
     Via - Email























                                EXHIBIT TWO




PRESS RELEASE                 SOURCE: MAGNUM D'OR RESOURCES, INC.

MAGNUM d'OR RESOURCES, INC. ANNOUNCES THE APPOINTMENT OF ROBERT CURRIE TO
MAGNUM'S BOARD OF DIRECTORS


July 16, 2003                                     OTCBB: MAGR

Mr. Reno Calabrigo, the President of Magnum D'Or Resources, Inc. ("Magnum"
or "the Company") is pleased to announce the appointment of Mr. Robert
Currie to the Board of Directors of the Company.

As noted by Mr. Calabrigo, "The appointment of Mr. Currie is consistent
with Magnum's commitment to continue building the fundamentals of the
Company through strong management and a Board of Directors that will give
investors an opportunity to speculate in a "grass roots" scenario in an
under explored area where large ore bodies are currently being discovered.
I am confident that Mr. Currie will bring his proven work ethics and
leadership capabilities to our Board of Directors.  I look forward to
working with Mr. Currie as the newest member of Magnum's team. "

Robert Currie has been active in the public markets for over 20 years as
both a director and a private investor. Mr. Currie served as a Board member
of both Beaver Resources and Goldrush Casino and Mining, and was
instrumental in the success of both companies.  For 15 years, Mr. Currie
ran a successful private corporation in logging road construction. When
asked about his appointment to Magnum's Board, Mr. Currie commented
"Magnum's property is located in a very exciting area and the possibility
of finding something large is born out of Ivanhoe's successful discovery."

Magnum is a junior resource exploration and development company seeking
precious and base metal resource deposits. Recently, Magnum acquired an
option to purchase a 100% interest in a property in Mongolia (comprising
55,000 hectares), which shows potential for gold and copper. The property
named the Shandi Property is in an excellent geological region and borders
the famous Ivanhoe Mines as well as International Uranium Corp.  The Shandi
Property lies within the Undershil Deep Fault, known to be the most popular
fault in Mongolia for significant gold discoveries.

Magnum d'Or Resources, Inc. anticipates the release of further
announcements in the coming days.

Disclaimer:  Any statements contained herein that are not historical facts
are forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, and involve risks and uncertainties.
Potential factors could cause actual results to differ materially from
those expressed or implied by such statements. Information on the potential
factors that could affect the Company's actual results of operations is
included in its filings with the Securities and Exchange Commission. These
risks may be further discussed in periodic reports and registration
statements to be filed by the Company from time to time with the Securities
and Exchange Commission in the future.

For further information please contact:  Reno J. Calabrigo, President
Telephone: (416) 200-1958, Email: info@magnumexploration.com














































                               EXHIBIT THREE

PRESS RELEASE            SOURCE: MAGNUM D'OR RESOURCES INC

MAGNUM D'OR RESOURCES APPOINTS KENNETH G. SANDERS AND JOHN K. YEE TO THE
BOARD OF DIRECTORS

JUNE 23, 2003

Toronto, Canada - Magnum D'Or Resources Inc., ("Magnum" or "the Company")
(MAGR- OTCBB), today announced the appointments of Mr. Kenneth G. Sanders
and Mr. John K. Yee to the Board of Directors, effective immediately.

"The appointment of Mr. Sanders and Mr. Yee is consistent with Magnum's
commitment to continue building the fundamentals of the Company through
strong management and a Board of Directors dedicated to assist Magnum in
becoming a world class mining exploration company," said Mr. Reno
Calabrigo, President of Magnum. "Mr. Sanders and Mr. Yee are proven
business leaders with the experience needed to work with public companies
like Magnum.  Their wealth of management and mining experience will be
vital to the Company as it realizes on its growth strategy.  I look forward
to working with them both."

Kenneth G. Sanders, BASc, P.Eng, graduated in 1949 from the engineering
faculty of the University of Toronto as a mining geologist [Engineer] at
the age of 20. Mr. Sanders has 53 years experience in all phases of the
mining industry, specializing in mineral exploration, feasibility studies,
and early mine development.  He has experience in the United States,
Nicaragua, and Colombia and extensive experience with junior stock market
oriented public companies both on the TSX and TSX- Venture and on the
NASDAQ.

He spent seven years with Newmont Mining based in Vancouver.  Earlier
employment included Kennecott; International Nickel; Canada Tungsten as
Chief Geologist and Denison Mines as Western Canada Exploration Manager.

Mr. Sanders guided Pan American Minerals to a TSE listing, and Consolidated
Cinola Mines to one of the first full NASDAQ listings of any VSE company,
while acting as President for both.

He was instrumental in raising over $44 million for both companies enabling
the development of their respective gold properties, from exploration
through full feasibility study.  In addition to his management duties, Mr.
Sanders was actively involved in investor relations.

John K. Yee has 15 years experience in the golf and hospitality industries
in the United States and Canada. As an independent land developer, Mr. Yee
has a multinational background in consulting agreements and joint ventures
in the United States, Canada, and more specifically in the Far East. In
1994, Mr. Yee was appointed Director of Goldrush Casino and Mining
Corporation ("Goldrush"), a Vancouver Stock Exchange listed company.  He
then became President and Director of Goldrush during 1995 and 1996, to
oversee the business plan of that company.  When asked about his
appointment to the Magnum board, Mr. Yee stated "I look forward with
anticipation, to being involved with Magnum at this early stage of its
development and in the exploration of the Mongolia property that is
adjacent to the world-famous Ivanhoe Mines."

Magnum D'Or Resources expects to make further announcements in the coming
days.

Magnum D'Or Resources Inc. (MAGR-OTCBB) is a junior resource exploration
and development company that primarily seeks precious and base metal
resource deposits. Recently, Magnum acquired an option to purchase a 100%
interest in a property (comprising 55,000 hectares), which shows potential
for gold and copper, in Mongolia. The property named the Shandi property is
in an excellent geological region and borders the famous Ivanhoe Mines as
well as International Uranium Corp.  The Shandi property hosts potential
with the Undershil Deep Fault, which is known to be the most popular fault
in Mongolia for significant gold discoveries.

Disclaimer:  Any statements contained herein that are not historical facts
are forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, and involve risks and uncertainties.
Potential factors could cause actual results to differ materially from
those expressed or implied by such statements. Information on the potential
factors that could affect the Company's actual results of operations are
included in its filings with the Securities and Exchange Commission. These
risks may be further discussed in periodic reports and registration
statements to be filed by the Company from time to time with the Securities
and Exchange Commission in the future.

For further information please contact:  Magnum D'Or Resources Inc.
www.magnumexploration.com
CONTACT: Reno J. Calabrigo, President, Telephone: (416) 200-1958,
Email: info@magnuminformation.com


_______________________________
                         AMENDMENT NUMBER ONE TO
                       2002 CONSULTING SERVICES PLAN
                                    OF
                       MAGNUM  D' OR RESOURCES  INC.

1.  Purpose. The purpose of this Consulting Services Plan is to advance the
interests  of  the Corporation by rewarding, encouraging and  enabling  the
acquisition of larger personal proprietary interests in the Corporation  by
employees,  directors and former directors of, contractors and  consultants
to,  the  Corporation  and its Subsidiaries who have:   1)  served  without
salaries  or  other  compensation; and 2)  assisted  the  Corporation  with
support   services  for  business  development.   These   persons   require
incentives to put forth maximum effort for the success of the Corporation's
business.  It  is  anticipated  that these incentives  will  stimulate  the
efforts  of  such  employees, directors and consultants on  behalf  of  the
Corporation and its Subsidiaries.  It also is expected that such incentives
will  enable  the  Corporation and its Subsidiaries to attract  and  retain
desirable personnel.

2.  Definitions.  When  used  in this Plan, unless  the  context  otherwise
requires:

(a).  "Board of Directors" or "Board" shall mean the Board of Directors  of
the Corporation, as constituted at any time.

(b).  "Chairman of Board" shall mean the person who at the  time  shall  be
Chairman of the Board of Directors.

(c).  "Corporation" shall mean MAGNUM D' OR RESOURCES INC. The  Corporation
was previously known as REGISTRANT, INC.

(d). "Eligible Persons" shall mean those person described in Section 4  and
13 who will receive stock pursuant to this 2002 Consulting Services Plan.

(e).  "Fair  Market  Value" on a specified date shall  mean  the  value  as
established  by  the  Board for such date using any  reasonable  method  of
valuation.

(f). "Awarded Stock" shall mean the Stock awarded pursuant to this Plan.

(g).  "Plan" shall mean this 2002 Consulting Services Plan of Magnum D'  Or
Resources, Inc, as adopted by the Board on January 10, 2002, as  this  Plan
from time to time may be amended.

(h).  "President"  shall  mean the person who at  the  time  shall  be  the
President of the Corporation.00

(i).  "Shares" shall mean shares of common stock, $0.001 par value, of  the
Corporation.

(j). "Subsidiary" shall mean a wholly owned subsidiary of the Corporation.



3.  Administration.  This  Plan  shall be  administered  by  the  Board  of
Directors  as  provided  herein. Determination  of  the  Board  as  to  any
question,  which  may  arise  with respect to  the  interpretation  of  the
provisions of this Plan and Awarded Stocks, shall be final. The  Board  may
authorize  and establish such rules, regulations and revisions thereof  not
inconsistent with the provisions of this Plan, as it may been advisable  to
make   this  Plan  and  Awarded  Stocks  effective  or  provide  for  their
administration, and may take such other action with regard to this Plan and
Awarded Stocks as it shall deem advisable to effectuate their purpose.

4.  Participants. All employees and directors of, former directors  of  and
consultants to, the Corporation or a Subsidiary, who, as determined by  the
Board,  have  met the conditions of Section 1 of this Plan,  shall  receive
Awarded  Stocks  under this Plan. The parties to whom Awarded  Stocks  have
been, or will be, granted under this Plan, and the number of Shares subject
to  each such Awarded Stock, have been determined by the Board, in its sole
discretion, subject however, to the terms and conditions of this Plan.

5.  Shares. Subject to the provisions of Section 13 hereof, the  Board  may
award  stocks  with respect to an aggregate of 20,000,000  Shares,  all  of
which Shares are authorized but unissued Shares.

6.  Grant of Awarded Stocks. The number of Shares of Awarded Stocks granted
to  any  Eligible  Person  will be determined by  the  Board  in  its  sole
discretion based upon, among other facts, the Fair Market Value of services
rendered to, and expenses incurred on behalf of, the Corporation.

7. Stock Certificates.  Within ninety (90) days from the date of this Plan,
the Corporation shall cause to be delivered to the person entitled thereto,
a  certificate  for  the Shares of the Awarded Stock.  The  certificate  or
certificates  may bear a restrictive legend as described  in  paragraph  9,
below.

8.  Restrictions on Transferability of Awarded Stocks.  Awarded Stocks that
were issued prior to January 10, 2002 shall not be transferable, except  as
authorized in writing by the Board of Directors in its sole discretion.

9.  Issuance  of Shares and Compliance with Securities Act. The Corporation
may  postpone the issuance and delivery of the Shares pursuant to the grant
of  any  Awarded Stock until the completion of such registration  or  other
qualification  of  such  Shares  under any  State  of  Federal  law,  rule,
requirements  or  regulation  as  the Corporation  shall  determine  to  be
necessary  or  advisable. Any holder of an Awarded Stock  shall  make  such
representations  and furnish such information as may,  in  the  opinion  of
counsel  for the Corporation, be appropriate to permit the Corporation,  in
light of the then existence or non-existence with respect to such Shares of
an  effective Registration Statement under the Securities Act of  1933,  as
amended  (the "Act"), to issue Shares in compliance with the provisions  of
the Act or any comparable act. The Corporation shall have the right, in its
sole  discretion, to legend any Shares that may be issued pursuant  to  the
grant  or exercise of any Awarded Stock, or may issue stop transfer  orders
with respect thereof.

10.  Income Tax Withholding. If the Corporation or a Subsidiary is required
to  withhold  and  amounts by reason of any provincial, federal,  state  or
local  tax  rules  or  regulations in respect of  the  issuance  of  Shares
pursuant  to  the  grant  of  the Awarded Stock,  the  Corporation  or  the
Subsidiary  shall be entitled to deduct or withhold such amounts  from  any
cash  or  payment to be made to the holder of the Awarded  Stock.   In  any
event,  the  holder  shall  make  available  to  the  Corporation  or  such
Subsidiary,  promptly when requested by the Corporation or such Subsidiary;
and  the  Corporation or Subsidiary shall be entitled to take and authorize
such steps as it deems necessary in order to have such funds made available
to  the Corporation or Subsidiary out of funds or property due or to become
due to the holder of such Awarded Stock.

11.  No Right of Employment or Service. Nothing contained herein or  in  an
Awarded  Stock shall be construed to confer upon any director, employee  or
consultant  any  right  to be continued in the employ  or  service  of  the
Corporation  or any Subsidiary or mitigate any right of the Corporation  or
any  Subsidiary  to  retire, request the resignation  of  or  discharge  or
otherwise cease its services arrangement with any employee or consultant at
any time, with or without cause.

12.  Effective Date. This Amendment Number One to the Plan is effective  as
of October 21,  2002. The Plan is effective as of January 10, 2002.






                                   ______________________


                                   ______________________


                                   ______________________

                          AMENDMENT NUMBER ONE TO
                       2002 CONSULTING SERVICES PLAN
                                    OF
                       MAGNUM  D' OR RESOURCES  INC.

1.  Purpose. The purpose of this Consulting Services Plan is to advance the
interests  of  the Corporation by rewarding, encouraging and  enabling  the
acquisition of larger personal proprietary interests in the Corporation  by
employees,  directors and former directors of, contractors and  consultants
to,  the  Corporation  and its Subsidiaries who have:   1)  served  without
salaries  or  other  compensation; and 2)  assisted  the  Corporation  with
support   services  for  business  development.   These   persons   require
incentives to put forth maximum effort for the success of the Corporation's
business.  It  is  anticipated  that these incentives  will  stimulate  the
efforts  of  such  employees, directors and consultants on  behalf  of  the
Corporation and its Subsidiaries.  It also is expected that such incentives
will  enable  the  Corporation and its Subsidiaries to attract  and  retain
desirable personnel.

2.  Definitions.  When  used  in this Plan, unless  the  context  otherwise
requires:

(a).  "Board of Directors" or "Board" shall mean the Board of Directors  of
the Corporation, as constituted at any time.

(b).  "Chairman of Board" shall mean the person who at the  time  shall  be
Chairman of the Board of Directors.

(c).  "Corporation" shall mean MAGNUM D' OR RESOURCES INC. The  Corporation
was previously known as REGISTRANT, INC.

(d). "Eligible Persons" shall mean those person described in Section 4  and
13 who will receive stock pursuant to this 2002 Consulting Services Plan.

(e).  "Fair  Market  Value" on a specified date shall  mean  the  value  as
established  by  the  Board for such date using any  reasonable  method  of
valuation.

(f). "Awarded Stock" shall mean the Stock awarded pursuant to this Plan.

(g).  "Plan" shall mean this 2002 Consulting Services Plan of Magnum D'  Or
Resources, Inc, as adopted by the Board on January 10, 2002, as  this  Plan
from time to time may be amended.

(h).  "President"  shall  mean the person who at  the  time  shall  be  the
President of the Corporation.00

(i).  "Shares" shall mean shares of common stock, $0.001 par value, of  the
Corporation.

(j). "Subsidiary" shall mean a wholly owned subsidiary of the Corporation.



3.  Administration.  This  Plan  shall be  administered  by  the  Board  of
Directors  as  provided  herein. Determination  of  the  Board  as  to  any
question,  which  may  arise  with respect to  the  interpretation  of  the
provisions of this Plan and Awarded Stocks, shall be final. The  Board  may
authorize  and establish such rules, regulations and revisions thereof  not
inconsistent with the provisions of this Plan, as it may been advisable  to
make   this  Plan  and  Awarded  Stocks  effective  or  provide  for  their
administration, and may take such other action with regard to this Plan and
Awarded Stocks as it shall deem advisable to effectuate their purpose.

4.  Participants. All employees and directors of, former directors  of  and
consultants to, the Corporation or a Subsidiary, who, as determined by  the
Board,  have  met the conditions of Section 1 of this Plan,  shall  receive
Awarded  Stocks  under this Plan. The parties to whom Awarded  Stocks  have
been, or will be, granted under this Plan, and the number of Shares subject
to  each such Awarded Stock, have been determined by the Board, in its sole
discretion, subject however, to the terms and conditions of this Plan.

5.  Shares. Subject to the provisions of Section 13 hereof, the  Board  may
award  stocks  with respect to an aggregate of 20,000,000  Shares,  all  of
which Shares are authorized but unissued Shares.

6.  Grant of Awarded Stocks. The number of Shares of Awarded Stocks granted
to  any  Eligible  Person  will be determined by  the  Board  in  its  sole
discretion based upon, among other facts, the Fair Market Value of services
rendered to, and expenses incurred on behalf of, the Corporation.

7. Stock Certificates.  Within ninety (90) days from the date of this Plan,
the Corporation shall cause to be delivered to the person entitled thereto,
a  certificate  for  the Shares of the Awarded Stock.  The  certificate  or
certificates  may bear a restrictive legend as described  in  paragraph  9,
below.

8.  Restrictions on Transferability of Awarded Stocks.  Awarded Stocks that
were issued prior to January 10, 2002 shall not be transferable, except  as
authorized in writing by the Board of Directors in its sole discretion.

9.  Issuance  of Shares and Compliance with Securities Act. The Corporation
may  postpone the issuance and delivery of the Shares pursuant to the grant
of  any  Awarded Stock until the completion of such registration  or  other
qualification  of  such  Shares  under any  State  of  Federal  law,  rule,
requirements  or  regulation  as  the Corporation  shall  determine  to  be
necessary  or  advisable. Any holder of an Awarded Stock  shall  make  such
representations  and furnish such information as may,  in  the  opinion  of
counsel  for the Corporation, be appropriate to permit the Corporation,  in
light of the then existence or non-existence with respect to such Shares of
an  effective Registration Statement under the Securities Act of  1933,  as
amended  (the "Act"), to issue Shares in compliance with the provisions  of
the Act or any comparable act. The Corporation shall have the right, in its
sole  discretion, to legend any Shares that may be issued pursuant  to  the
grant  or exercise of any Awarded Stock, or may issue stop transfer  orders
with respect thereof.

10.  Income Tax Withholding. If the Corporation or a Subsidiary is required
to  withhold  and  amounts by reason of any provincial, federal,  state  or
local  tax  rules  or  regulations in respect of  the  issuance  of  Shares
pursuant  to  the  grant  of  the Awarded Stock,  the  Corporation  or  the
Subsidiary  shall be entitled to deduct or withhold such amounts  from  any
cash  or  payment to be made to the holder of the Awarded  Stock.   In  any
event,  the  holder  shall  make  available  to  the  Corporation  or  such
Subsidiary,  promptly when requested by the Corporation or such Subsidiary;
and  the  Corporation or Subsidiary shall be entitled to take and authorize
such steps as it deems necessary in order to have such funds made available
to  the Corporation or Subsidiary out of funds or property due or to become
due to the holder of such Awarded Stock.

11.  No Right of Employment or Service. Nothing contained herein or  in  an
Awarded  Stock shall be construed to confer upon any director, employee  or
consultant  any  right  to be continued in the employ  or  service  of  the
Corporation  or any Subsidiary or mitigate any right of the Corporation  or
any  Subsidiary  to  retire, request the resignation  of  or  discharge  or
otherwise cease its services arrangement with any employee or consultant at
any time, with or without cause.

12.  Effective Date. This Amendment Number One to the Plan is effective  as
of October 21,  2002. The Plan is effective as of January 10, 2002.