EXHIBIT 31.2

CERTIFICATION OF MICHAEL H. MCILVAIN, EXECUTIVE
VICE PRESIDENT ANDCHIEF FINANCIAL OFFICER, PURSUANT TO RULE 13a-14(a) UNDERTHE SECURITIES EXCHANGE
ACT OF 1934

I, Michael H. McIlvain, certify that:

| | 1. | I have reviewed this Annual Report on Form 10-K of Golden Chief Resources, Inc.;
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| | 2. | Based on my knowledge, this 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 report;
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| | 3. | Based on my knowledge, the financial statements, and other financial information
                    included in this 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 report;
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| | 4. | The registrants other certifying officer(s) and I are responsible for
                    establishing and maintaining disclosure controls and procedures (as defined in
                    Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:
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| | 5. | Designed such disclosure controls and procedures, or caused such disclosure
                    controls and procedures to be designed under our supervision, 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 report is being prepared;
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| | 6. | Evaluated the effectiveness of the registrants disclosure controls and
                    procedures and presented in this report our conclusions about the effectiveness
                    of the disclosure controls and procedures, as of the end of the period covered
                    by this report based on such evaluation; and
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| | 7. | Disclosed in this report any change in the registrants internal control
                    over financial reporting (as defined in Exchange Act Rules 13a-15(f) and
                    15d-15(f)) that occurred during the registrants fourth fiscal quarter that
                    has materially affected, or is reasonably likely to materially affect, the
                    registrants internal control over financial reporting; and
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| | 8. | The registrants other certifying officer(s) and I have disclosed, based on
                    our most recent evaluation of internal control over financial reporting, to the
                    registrants auditors and the audit committee of registrants board of
                    directors (or persons performing the equivalent functions):
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| | 9. | All significant deficiencies and material weaknesses in the design or operation
                    of internal control over financial reporting which are reasonably likely to
                    adversely affect the registrants ability to record, process, summarize and
                    report financial information; and
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| | 10. | Any fraud, whether or not material, that involves management or other employees
                    who have a significant role in the registrants internal control over
                    financial reporting.
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|July 27, 2004 | /s/ MICHAEL H. MCILVAIN
Michael H. McIlvain
Senior Vice President and Chief
Financial Officer,
Golden Chief Resources, Inc