UNITED STATES				SECURITIES AND EXCHANGE COMMISSION				WASHINGTON, D.C. 20549				Form 10-KSB				(Mark one)				[X]  ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934				For the fiscal year ended December 31, 2007				[  ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934				For the transition period from ___________ to _____________				Commission File Number: 000-52482

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| **Georgia International Mining Corporation**(Exact name of registrant as specified in its charter) |
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| 299 – 1917 West 4th Avenue, Vancouver, BC. V6J 1M7 (604) 813-8529**** |
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| (Address and telephone number of registrant's principal executive offices) |

Securities registered under Section 12(b) of the Exchange Act:     None				Securities registered under Section 12(g) of the Exchange Act

Common Shares(Title of class)

Check whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.				          YES [  ]   NO [X]				Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).				          YES [  ]   NO [X]				Check if 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 the 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.   [X]				The Company's revenues for the most recent fiscal year were $Nil.				The aggregate market value of the voting stock held by non-affiliates of the Company on March 30, 2008 was $413,265.				As of March 30, 2008 the Company had 8,265,300 issued and outstanding shares of common stock.

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**Table of Contents**

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| Part I ................................................................................................................................................... | 1                                                                                                                                                                                                                                         |
|------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                  |                                                                                                                                                                                                                                           |  |
|                                                                                                                                                            | Item 1.  Description of Business ....................................................................................................                                                                                                | 1 |
|                                                                                                                                                            | Item 2. Description of Property ....................................................................................................                                                                                                 | 5 |
|                                                                                                                                                            | Item 3. Legal Proceedings ............................................................................................................                                                                                                    | 6 |
|                                                                                                                                                            | Item 4. Submission of Matters to a Vote of Security Holders .........................................................                                                                                                                     | 6 |
|                                                                                                                                                  |                                                                                                                                                                                                                                           |  |
| Part II .................................................................................................................................................. | 6                                                                                                                                                                                                                                         |
|                                                                                                                                                  |                                                                                                                                                                                                                                           |  |
|                                                                                                                                                            | Item 5.  Market for Common Equity and Related Stockholder Matters ..........................................                                                                                                                         | 6 |
|                                                                                                                                                            | Item 6.  Management’s Discussion and Analysis or Plan of Operation ............................................                                                                                                           | 7 |
|                                                                                                                                                            | Item 7. Financial Statements .........................................................................................................                                                                                               | 10 |
|                                                                                                                                                            | Item 8.  Changes in and disagreements with Accountants on Accounting and Financial Disclosure ..                                                                                                                                | 24 |
|                                                                                                                                                            | Item 8A. Controls and Procedures ................................................................................................                                                                                                         | 24 |
|                                                                                                                                                            | Item 8B. Other Information ...........................................................................................................                                                                                               | 25 |
|                                                                                                                                                  |                                                                                                                                                                                                                                           |  |
| Part III ................................................................................................................................................  |                                                                                                                                                                                                                                           |
|                                                                                                                                                  |                                                                                                                                                                                                                                           | 26 |
|                                                                                                                                                            | Item 9. Directors, Executive Officers, Promoters and Control Persons; Compliance with Section 16(a) of the Exchange Act ............................................................................................................ | 26 |
|                                                                                                                                                            | Item 10. Executive Compensation .................................................................................................                                                                                                    | 26 |
|                                                                                                                                                            | Item 11. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters ....................................................................................................................              | 27 |
|                                                                                                                                                            | Item 12. Certain Relationships and Related Transactions ...............................................................                                                                                                                   | 28 |
|                                                                                                                                                            | Item 13. Exhibits ..........................................................................................................................                                                                                              | 28 |
|                                                                                                                                                            | Item 14. Principal Accountant Fees and Services ..........................................................................                                                                                                           | 28 |
|                                                                                                                                                  |                                                                                                                                                                                                                                           |  |
| SIGNATURES ....................................................................................................................................       | 29                                                                                                                                                                                                                                        |
|                                                                                                                                                  |                                                                                                                                                                                                                                           |  |
|                                                                                                                                                            | Exhibit 31.1 - Certifications ..........................................................................................................                                                                                                  | 30 |
|                                                                                                                                                            | Exhibit 14.1 – Code of Ethics .......................................................................................................                                                                                                | 32 |

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**GEORGIA INTERNATIONAL MINING CORP.**

**Part I****Item 1.   Description of Business****Business Development**				Georgia International Mining Corporation (“GIMC”) was incorporated on January 19, 2005 in the State of Nevada. Upon formation, 8,200,000 shares were issued to twenty-two investors, including our officers and director for $8,200 or $0.001 per share. Our president and director, Mark Hague purchased 4,000,000 shares.  There are no bankruptcy, receivership, or similar proceedings against the parent or operating subsidiary.				On July 30, 2005, Georgia International Mining Corporation signed an option agreement with Gemco Minerals, Inc., a Florida Corporation (Gemco) to purchase three mineral claims numbers; 506335, 506336 and 506337 located in the Cariboo District, British Columbia. The claims are part of the Burns Group Mineral Claim that encompass 3,900 hectare or 12,000 acres. The area size of the three claims is defined on the geological maps registered in the British Columbia Mining Office. The option price is $285,000 of which, $35,000 was paid upon signing the agreement and the remainder balance of $250,000 is payable on two installments (i) $125,000 due on June 30, 2007 and (ii) $125,000 due on June 2008. The agreement stipulates that Georgia International Mining Corporation must conduct mineral exploration as soon its securities become listed on a public market, and will have one year from that date to complete its exploration program on the three mineral claims otherwise, Gemco will have the right to cancel this agreement and Georgia International Mining Corporation will not be entitled to recover its $35,000 investment.				On June 30, 2007, the option to purchase the three mineral claims expired as the Company was unable to pay the installment of $125,000, due June 30, 2007 and complete its required exploration program on the claims. Pursuant to the option agreement, the Company will not be entitled to recover its initial $35,000 investment in said claims, and the amount has been written off in the financial statements.				On December 13, 2006, Georgia International Mining Corporation incorporated a British Columbia subsidiary named EG Gold Mines, Inc.  EG Gold Mines, Inc. purchased a mining claim from the president of GIMC on January 8, 2007. The purchase price is the same value the President paid for the property in the amount of $7.038.00 ($8,000 CDN plus $10 CDN registration fee). The property claim number is 529404, in the Caribou Mountains, 40 miles south of Wells.  The president, Mark Hague, accepted a promissory note in the amount of $7.038.				To our knowledge no one has been on our mineral claim. The claim is remote and is best accessed by helicopter from the town of Wells, British Columbia. There is no electrical power that can be utilized on the property other than electrical power that can be provided by gas or diesel generators that we would bring on site. We have not commenced any work on the property.				On April 18, 2007, the company raised $6,530.00 and issue 65,300 free-trading common shares pursuant to the SB-2 Registration Statement that was declared effective February 14, 2007.				Mark Hague is a director and officer and has no previous experience in mineral exploration or operating a mining company. Mr. Hague owns 48.39% of our outstanding common stock. Since Mr. Hague owns a majority of our outstanding shares and he is a director and officer of our company he has the ability to elect directors and control the future course of our company. Investors may find the corporate decisions influenced by Mr. Hague are inconsistent with the interests of other stockholders.				SEC Rule 405 under the Securities Exchange Act defines a "shell company" as a registrant with no or nominal operations and no or nominal assets or just assets consisting entirely of cash.  A shell company is required to identify itself as such on the cover page of its periodic SEC reports.  In the event of certain corporate reorganizations effecting a change in control of the SEC reporting company with an otherwise privately held

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**GEORGIA INTERNATIONAL MINING CORP.**

				company, a shell company is required to make extensive additional disclosures regarding the shell company and the privately held company whose objective may be to become an SEC reporting, public company.  We have identified ourselves as a shell company because of our limited operations and assets to date.  It is not our plan or intention to seek out or entertain proposals for reorganization of our company with any other company which would result in a change in control or change in our business objective of being a successful mining company.   The point at which a potential shell company's operations and assets would no longer be considered nominal is not defined in the Rule and has not been clarified by any SEC pronouncements or judicial interpretations.  We intend to re-evaluate our operations and assets as well as any additional legal clarification prior to the filing of every report to determine if it is appropriate to change our self determined status.				We need to raise funds to carry-on with our  objective to conduct exploration activities on our mineral claim to assess whether the claim possesses any commercially viable gold deposits. Access to the claim is restricted to the period of June 1 to October 15 of each year due to snow in the area. This means that our exploration activities are limited to a period of about four and a half months per year. If we raise sufficient funds we will explore our claim between June 1, 2008and October 15, 2008.				If our exploration activities indicate that there are no commercially viable gold deposits on our claim we will abandon the claim and stake a new claim to explore in British Columbia. We are able to stake claims online via the Internet with the Mineral Titles Online service operated by the government of British Columbia. We will continue to stake an explore claims in British Columbia as long as we can afford to do so.				We are a new and under-funded company with no history of operations or revenue generation. Our management team has no mining background. Our competitors are in the business for many years and are well funded. Our success will depend on the successful implementation of our business strategies as outlined in this document.**Business of Issuer**We are in the mining business and the purpose of the company is to explore minerals for commercial use. The main focus is on the precious metal such as gold, diamond and silver. The secondary focus will be on the prime industrial metals such as copper and zinc. The mineralization focus is based on the market breadth and width for each type of mineral. The precious metals are used to hedge against economic fluctuations and for personal use, such as jewelry, and therefore its market is much greater than the industrial metals which, depends on economic conditions related to the manufacturing sector.				We will be engaged in the exploration of potential commercial mineral deposits. The current claims are without any known reserves.				Investors should be aware that we are an exploration stage company and the property is without known reserves and the proposed program is exploratory in nature. There is no assurance that a commercially viable mineral deposit will exist on the claims mentioned below.**Corporate History**Georgia International Mining Corporation was incorporated on January 19, 2005 in the State of Nevada. Upon formation, 8,200,000 shares were issued to twenty-two investors, including our officers and director for $8,200 or $0.001 per share. Our president and director, Mark Hague purchased 4,000,000 shares.  There are no bankruptcy, receivership, or similar proceedings against the parent or operating subsidiary.				On July 30, 2005, Georgia International Mining Corporation signed an option agreement with Gemco Minerals, Inc., a Florida Corporation (Gemco) to purchase three mineral claims numbers; 506335, 506336 and 506337 located in the Cariboo District, British Columbia. The claims are part of the Burns Group Mineral Claim that encompass 3,900 hectare or 12,000 acres. The area size of the three claims is defined on the geological maps registered in the British Columbia Mining Office. The option price is $285,000 of which, $35,000 was paid upon signing the agreement and the remainder balance of $250,000 is payable on two installments (i) $125,000 due on June 30, 2007 and (ii) $125,000 due on June 2008. The agreement stipulates that Georgia International Mining Corporation must

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**GEORGIA INTERNATIONAL MINING CORP.**

				conduct mineral exploration as soon its securities become listed on a public market, and will have one year from that date to complete its exploration program on the three mineral claims otherwise, Gemco will have the right to cancel this agreement and Georgia International Mining Corporation will not be entitled to recover its $35,000 investment. The option agreement does not include any current or future royalty payments or any other types of payments that will have to be accrued other then the two installments mentioned above once Georgia International Mining Corporation starts its mining operations. The region where the claims are situated enjoys a moderate weather that allows mining companies to conduct tests or drilling programs during the fall and early spring season. Once Georgia International Mining Corporation has incurred the exploration expenditures, and made the payments set out in Section 3 of the Option Agreement to Gemco will own an undivided 100% of Gemco’s right, title, and interest in and to the Claims.				On December 13, 2006, Georgia International Mining Corporation incorporated a British Columbia subsidiary named EG Gold Mines, Inc.  EG Gold Mines, Inc. purchased a mining claim from the president of GIMC on January 8, 2007. The purchase price is the same value the President paid for the property in the amount of $7.038.00 ($8,000 CDN plus $10 CDN registration fee). The property claim number is 529404, in the Caribou Mountains, 40 miles south of Wells.  The president, Mark Hague, accepted a promissory note in the amount of $7.038.				From December 13 to December 18, 2006, GIMC conducted a shareholder vote via telephone to vote on a name change from Georgia International Mining Corporation to Empire Gold Mines, Inc.  The company received 100% of the votes in favour of the name change.  The company has not yet filed the forms with the Nevada Secretary of State to amended articles of the company. 				In February 2007, our director Noelle Anderson resigned and our president, Mark Hague is sole director and officer of our company.				On April 18, 2007, the company raised $6,530.00 and issue 65,300 free-trading common shares pursuant to the SB-2 Registration Statement that was declared effective February 14, 2007.				On June 30, 2007, the option to purchase the three mineral claims expired as the Company was unable to pay the installment of $125,000, due June 30, 2007 and complete its required exploration program on the claims. Pursuant to the option agreement, the Company will not be entitled to recover its initial $35,000 investment in said claims, and the amount has been written off in the financial statements.				There are no bankruptcy, or receivership, or similar proceedings against the parent or operating subsidiary.**Future Development Projects**The Company is designated a Shell Company and is seeking additional funding to carryout the company’s operations plan. 				Our objective is to raise funds to conduct exploration activities on our mineral claim to assess whether the claim possesses any commercially viable gold deposits. Access to the claim is restricted to the period of June 1 to October 15 of each year due to snow in the area. This means that our exploration activities are limited to a period of about four and a half months per year. We will explore our claim between June 1, 2008 and October 15, 2008.				If our exploration activities indicate that there are no commercially viable gold deposits on our claim we will abandon the claim and stake a new claim to explore in British Columbia. We are able to stake claims online via the Internet with the Mineral Titles Online service operated by the government of British Columbia. We will continue to stake an explore claims in British Columbia as long as we can afford to do so.				We are a new and under funded company with no history of operations or revenue generation and we are designated as a shell company. Our management team has no mining background. Our competitors are in the business

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**GEORGIA INTERNATIONAL MINING CORP.**

				for many years and are well funded. Our success will depend on the successful implementation of our business strategies as outlined in this document.**Marketing and Sales Strategy**The company will need to raise funds to commence the drilling program. Once we are able to drill and we receive positive results and they are confirmed and the existing shareholders approve the new stock issuance, we will contact the commodity traders to secure sales contracts. The traders usually sign an agreement (namely: Supply Agreement) to purchase one or two years worth of supplies. This means GIMC will have one or two years of revenue generated from its mining activities to support its on going operations while seeking additional contracts or conducting more drilling programs to increase the volume of its mineral reserves.				GIMC intends to be a member of a mining association (such as British Columbia Mining Association) to create market awareness. We are in the process of developing our website to communicate our business initiatives and results to all of our stakeholders (Shareholders, employees, customers and suppliers).**Relevant Regulations**Our proposed exploration, mining and mineral processing operations are subject to the laws and regulations of federal, provincial, state and local governments in the jurisdictions in which we operates. These laws and regulations are extensive and govern prospecting, development, production, exports, taxes, labour standards, occupational health and safety, waste disposal, toxic substances, environmental protection, mine safety and other matters. Compliance with such laws and regulations increases the costs of planning, designing, drilling, developing, constructing, operating, closing, reclaiming and rehabilitating mines and other facilities. Amendments to current laws and regulations governing operations and activities of mining companies or more stringent implementation or interpretation thereof could have a material adverse impact on the Company, cause a reduction in levels of exploration and delay or prevent the exploration of new mining properties.				Failure to comply with applicable laws, regulations and permitting requirements may result in enforcement actions, including orders issued by regulatory or judicial authorities causing operations to cease or be curtailed, and may include corrective measures requiring capital expenditures, installation of additional equipment or remedial actions. Parties engaged in exploration and mining operations may be required to compensate those suffering loss or damage by reason of the mining activities and may have civil or criminal fines or penalties imposed for violation of applicable laws or regulations.				GIMC has registered is an  Extraprovincial Company in the province of British Columbia during August 2005 in order to conduct mining activities in Canada.  “Extraprovincial Company” is a legal term and refers to non Canadian companies who register in any province in Canada to become a resident of Canada and to conduct business in all the provinces of Canada as oppose to “Provincial Company” where a company is registered in only one province and conducting business in only that province. The registration will allow us to apply for permits to conduct mining activities and to hire the required personnel. We are not aware of any existing or probable government regulation or costs that would affect our business. We are required to obtain a permit in order to operate a mine in British Columbia, Canada. We will apply to the Ministry of Energy, Mines and Petroleum Resources to obtain a Mineral Exploration Permit under the mine code of British Columbia, Canada. The process will take three weeks to complete from the date of the application and will cost $500. Our research indicated that the mineral claims under the option agreement with Gemco Minerals Inc. are not under any investigations under the environmental laws. Gemco has already obtained its permits to operate in the area and we expect to obtain our permits as well since we, or any of our directors and executives has no history of any legal or environmental violations. 				Under the British Columbia Mineral Tenure Act, title to British Columbia mineral claims can only be held by individuals or British Columbia corporations.  In order to commence operations in British Columbia, GIMC has registered as an Extraprovincial company in British Columbia, Canada and has applied, through its new subsidiary EG Gold Mines, Inc., for mining activities permit in accordance with mining code of British Columbia. 

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**GEORGIA INTERNATIONAL MINING CORP.**

**Products and Services Offered**We are engaged in the acquisition and exploration of mineral properties in the Province of British Columbia. Our primary focus is to raise funds to explore our property.				We are an exploration stage company and all of our properties are presently in the exploration stage. We have been designated as a “shell” company. We do not have any commercially viable reserves on any of our properties. There is no assurance that a commercially viable mineral deposit exists on any of our mineral properties. Further exploration will be required before a final evaluation as to the economic and legal feasibility of mining of any of our properties is determined. There is no assurance that further exploration will result in a final evaluation that a commercially viable mineral deposit exists on any of our mineral properties.**Employees**We have one employee as of the date of this annual report our director and president, Mark Hague.**Competition**While the  mineral  property  exploration  business  is  competitive,  we do not anticipate  having any  difficulties  retaining  qualified  personnel to conduct exploration on the Burns Lake and Cariboo Mountain areas.				Despite competition amongst gold producers, there is a strong market for any gold that is removed from the Burns Lake and Cariboo Mountain claims.  While it is unlikely that we will discover a mineral deposit on the property, if we do, the value of the property will be influenced by the market price for gold.  This price,  to some  degree,  is  influenced  by the  amount  of  gold  sold by  advanced  gold production companies.				There are a large number of mineral exploration companies such as us that look to acquire interests in properties and conduct exploration on them.  Given the large  number  of  unexplored  or under  explored  mineral  properties  that are currently available for  acquisition,  we do not expect  competition  to have a material impact on our business operations.				In the mineral exploration sector, our competitive position is insignificant.				There are numerous mineral exploration companies with substantially more capital and resources that are able to secure ownership of mineral properties with a greater potential to host economic mineralization.  We are not able to complete with such companies.  Instead, we will attempt to acquire properties without proven mineral deposits that may have the potential to contain mineral deposits.**Subsidiaries**We have one subsidiary EG Gold Mines, Inc. a province of British Columbia based-subsidiary.**Seasonality**Access to the claim is restricted to the period of June 1 to October 15 of each year due to snow in the area. This means that our exploration activities are limited to a period of about four and a half months per year. If we raise sufficient funds we will explore our claim between June 1, 2008 and October 15, 2008.**Item 2.   Description of Property**Georgia International Mining Corporation mailing address is 299 – 1917 West 4th Avenue, Vancouver, BC. V6J 1M7 (604) 813-8529.  The office is located in the president’s residence in Langley, British Columbia, Canada.				On December 13, 2006, the company purchased from the President the mining claim property located in the Caribou Mountains, 40 miles south of Wells. The 1,500 acre property claim number is 529404. To our knowledge no one has been on our mineral claim. The claim is remote and is best accessed by helicopter from the town of Wells, British Columbia. There is no electrical power that can be utilized on the property other than

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**GEORGIA INTERNATIONAL MINING CORP.**

				electrical power that can be provided by gas or diesel generators that we would bring on site. We have not commenced any work on the property.**TENURE 529404****Item 3.   Legal Proceedings**We are not aware of any legal proceedings or pending legal proceedings against us. We may however be involved, from time to time, in various legal proceedings and claims incident to the normal conduct of our business.**Item 4.   Submission of Matters to a Vote of Security Holders**None to report.**Part II****Item 5.  Market for Common Equity and Related Stockholder Matters**Our securities are quoted on the Over-the-Counter Bulletin Board under symbol “GIMC”. There is no assurance that a trading market will be sustained. A purchaser of common shares may, therefore, find it difficult to resell the securities offered herein should he or she desire to do so for public resale. Furthermore, the common shares are not marginal and it is unlikely that a lending institution would accept our common stock as collateral for a loan. Pursuant to this registration statement, we proposed to publicly offer a maximum of 10,000,000 common shares of which only 65,300 shares were sold. To date, none of our outstanding shares of common stock are subject to outstanding options, warrants to purchase or securities convertible into common stock. We currently have 41 shareholders.**Market Information**Our common stock is quoted on the U.S Over-the-counter Bulletin Board under symbol “GIMC”.				As of March 30, 2008, there have been no trades.

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**GEORGIA INTERNATIONAL MINING CORP.**

**Holders**As of March 30, 2008, there were 41 holders of record of Georgia International Mining Corporation holding 8,265,300 shares.**Dividends**Georgia International Mining Corporation has not declared, and does not foresee declaring, any dividends now or in the foreseeable future.**Item 6.   Management’s Discussion and Analysis or Plan of Operation**The following analysis of the results of operations and financial condition of the company for the period ending December 31, 2007 should be read in conjunction with the company’s financial statements, including the notes thereto contained elsewhere in this form 10-KSB. Our financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.				SEC Rule 405 under the Securities Exchange Act defines a "shell company" as a registrant with no or nominal operations and no or nominal assets or just assets consisting entirely of cash.  A shell company is required to identify itself as such on the cover page of its periodic SEC reports.  In the event of certain corporate reorganizations effecting a change in control of the SEC reporting company with an otherwise privately held company, a shell company is required to make extensive additional disclosures regarding the shell company and the privately held company whose objective may be to become an SEC reporting, public company.  We have identified ourselves as a shell company because of our limited operations and assets to date.  It is not our plan or intention to seek out or entertain proposals for reorganization of our company with any other company which would result in a change in control or change in our business objective of being a successful mining company.   The point at which a potential shell company's operations and assets would no longer be considered nominal is not defined in the Rule and has not been clarified by any SEC pronouncements or judicial interpretations.  We intend to re-evaluate our operations and assets as well as any additional legal clarification prior to the filing of every report to determine if it is appropriate to change our self determined status.**Discussion of Operations & Financial Condition**During the twelve months ended December 31, 2007 the Company recorded a net loss of $67,455  as compared to a loss of $19,754  for the twelve months ended December 31, 2006. This is a decrease in the loss of approximately $47,701 . The loss is represents $0.005 per common share on a cumulative basis since inception. The Company has not yet generated any revenues from its Mineral Exploration Program. Our ability to emerge from the exploration stage and conduct mining operations is dependent, in large part, upon our raising additional equity financing.				Selected annual information
|                                               | Dec 31, 2007 | Dec 31, 2006 |
|-----------------------------------------------|--------------|--------------|
| Revenues                                      | Nil          | Nil          |
| Net Loss                                      | $67,455      | $19,754      |
| Loss per share-basic and diluted (cumulative) | $0.008       | $0.005       |
| Total Assets                                  | $19,634      | $36,615      |
| Total Liabilities                        | $116,224     | $72,282      |
| Cash dividends declared per share             | Nil          | Nil          |
|                                               |              |              |

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**GEORGIA INTERNATIONAL MINING CORP.**

**Revenues**No revenue was generated by the Company's operations during the years ended December 31, 2007 and December 31, 2006.**Net Loss**The Company's expenses are reflected in the Statements of Operations under the category of Expenses. To meet the criteria of United States generally accepted accounting principles ("GAAP"), all exploration and general and administrative costs related to projects are charged to operations in the year incurred.				The significant components of expense that have contributed to the loss of $67,455consist of accounting and audit, legal and transfer agent fees, in the amounts of $4,293, $3,298 and $19,720 respectively.**Plan of Operations**Our plan of operations for the next twelve months is to raise the $1,000,000 capital as per our SB2 filing and principally use the offering proceeds to finance the drilling program and to provide working capital necessary to complete the exploration and drilling phase for our mineral properties.****We have signed an option agreement with Gemco Minerals Inc. (formerly Firstline Environmental Solutions Inc.) to purchase three claims, numbers; 506335, 506336 and 506337, located in the Cariboo District, British Columbia.  The claims are part of the Burns Group Mineral Claim that, encompass 5,134 hectares (12,685 acres). The option price is $285,000 of which, $35,000 was paid upon signing the agreement and the remaining balance of $250,000 is payable on two installments (i) $125,000 due on June 30, 2007 and (ii) $125,000 due on June 2008. The first installment is due to Gemco within the next three months and GIMC does not currently have the funds in place to fulfill the installment payment of $125,000 at this time.  GIMC may have to seek equity or debt financing to pay the next payment or GIMC may lose the project.  The agreement further stipulates that Georgia must commence mineral exploration on the properties as soon its securities are listed on a public market, and will have one year from that date to complete its exploration program on the three mineral claims. Gemco may cancel this agreement and Georgia will not be entitled to recover its $35,000 investment as  Georgia did not complete the exploration by June 30, 2007.				On December 8, 2006 the GIMC received confirmation for the name reservation of Empire Gold Mines, Inc.  From December 13 to December 18, 2006, GIMC conducted a shareholder vote via telephone to vote on a name change from Georgia International Mining Corporation to Empire Gold Mines, Inc.  The company received 100% of the votes in favour of the name change.  On January 22, 2007, the company prepared and filed its amended Articles with the State of Nevada changing the company name to Empire Gold Mines, Inc.  We expect to receive stamped file copies in due course.				On December 13, 2006, Georgia International Mining Corporation incorporated a British Columbia subsidiary named EG Gold Mines, Inc.  EG Gold Mines, Inc. also purchased a mining claim from the president of GIMC on January 8, 2007. The purchase price is the same value the President paid for the property in the amount of $7.038.00 ($8,000 CDN plus $10 CDN registration fee). The property claim number is 529404, in the Cariboo Mountains, 40 miles south of Wells and in close proximity to the above noted three claims on the Burns Group Mineral Claim. 				Once we raise sufficient funds our objective is to conduct exploration activities on our mineral claim to assess whether the claim possesses any commercially viable gold deposits.   Access to the claim is restricted to the period of June 1 to October 15 of each year due to snow in the area. This means that our exploration activities are limited to a period of about four and a half months per year. We will explore our claim between June 1, 2008 and October 15, 2008.

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**GEORGIA INTERNATIONAL MINING CORP.**

**Liquidity and Capital Resources					Cash and Working Capital**We had cash of $3,580as of December 31, 2007, compared to cash of $1,615as of December 31, 2006. We had a working capital deficiency of $103,628as of December 31, 2007, compared to a working capital deficiency of $70,337as of December 31, 2006.				The Company’s assets are recorded at the lower of cost or market value. The total assets at December 31, 2007 were $19,634. The majority of our assets are long-term in nature and thus considered to be of lower liquidity. The Company’s cash inflow has been generated mainly from shareholder loans, short-term loans and issuance of common stock with minimal revenues and government incentive programs since inception.				Management continually reviews its overall capital and funding needs to ensure that the capital base can support the estimated needs of the business. These reviews take into account current business needs as well as the Company’s future capital requirements. Based upon these reviews, to take advantage of strong market conditions and to fully implement our expansion strategy, management believes that the Company will continue to increase our net capital through the proceeds from sales of our securities. The Company currently maintains minimal cash balances and is funded by management and shareholder loans to satisfy monthly cash requirements in the interim of raising external funding.**Cash Used in Operating Activities**Cash used in operating activities increased $22,154to $45,953for 2007, compared to $23,799for 2006. We funded the cash used in operating activities primarily through shareholders loans and equity issues of our common shares.**Investing Activities**We did not undertake any investing activities during 2007compared to cash of $35,000 used in investing activities during 2006. Investing activities during 2005 was primarily comprised of acquisition of mineral claims. We anticipate continuing to rely on equity sales of our common shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to our existing shareholders. We do not have any arrangements in place for further sales of our equity securities.**Going Concern**Our financial statements have been prepared on a going concern basis, which assumes the realization of assets and settlement of liabilities in the normal course of business. Our ability to continue as a going concern is dependent upon our ability to generate profitable operations in the future and/ or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they become due. The outcome of these matters cannot be predicted with any certainty at this time and raise substantial doubt that we will be able to continue as a going concern. Our financial statements do not include any adjustments to the amount and classification of assets and liabilities that may be necessary should we be unable to continue as a going concern.

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**GEORGIA INTERNATIONAL MINING CORP.**

**Item 7.   Financial Statements**

**GEORGIA INTERNATIONAL MINING CORPORATION					CONSOLIDATED					FINANCIAL STATEMENTS					For the Year ended December 31, 2007**

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**GEORGIA INTERNATIONAL MINING CORP.**

**MOORE & ASSOCIATES, CHARTERED***           ACCOUNTANTS AND ADVISORS                        PCAOB REGISTERED*

**REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

**To the Board of Directors					Georgia International Mining Corporation**(An Exploration Stage Company)				We have audited the accompanying consolidated balance sheets of Georgia International Mining Corporation (An Exploration Stage Company) as of December 31, 2007 and December 31, 2006, and the related consolidated statements of operations, stockholders’ equity and cash flows for the years ended December 31, 2007 and December 31, 2006 and the period from inception January 19, 2005 through December 31, 2007. These financial statements are the responsibility of the Company’s management.  Our responsibility is to express an opinion on these financial statements based on our audits. 				We conducted our audits in accordance with standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement.  An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.  An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.  We believe that our audits provide 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 Georgia International Mining Corporation (An Exploration Stage Company) as of December 31, 2007 and December 31, 2006, and the related consolidated statements of operations, stockholders’ equity and cash flows for the years ended December 31, 2007 and December 31, 2006 and the period from inception January 19, 2005 through December 31, 2007, in conformity with accounting principles generally accepted in the United States of America.				The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  As discussed in Note 1 to the financial statements, the Company has not generated any revenues since inception, which raises substantial doubt about its ability to continue as a going concern.  Management’s plans concerning these matters are also described in Note 1.  The financial statements do not include any adjustments that might result from the outcome of this uncertainty.***/s/ Moore & Associates, Chartered***Moore & Associates Chartered				Las Vegas, Nevada				March 28, 2008

*2675 S. Jones Blvd. Suite 109, Las Vegas, NV 89146 (702) 253-7499 Fax (702) 253-7501*

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					INDEX TO 					CONSOLIDATED FINANCIAL STATEMENTS**

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| Balance Sheets                        | *Page* | *F-1*       |
|---------------------------------------|--------|-------------|
|                             |        |             |
| Statements of Operations              | *Page* | *F-2*       |
|                             |        |             |
| Statements of Changes in Cash Flows   | *Page* | *F-3*       |
|                             |        |             |
| Statements of Stockholders Deficiency | *Page* | *F -4*      |
|                                  |        |             |
| Notes to the Financial Statement      | *Page* | *F-5 to 10* |

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Consolidated Balance Sheets**
|                                                                                                                                                                                                                            | December 31,							2007							$               |  | December 31,							2006							$       |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------|--|---------------------------------------|
|                                                                                                                                                                                                                            |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Assets                                                                                                                                                                                                                     |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Cash                                                                                                                                                                                                                       | $      3,580         |  | $     1,615       |
|                                                                                                                                                                                                                            |                                               |  |                                       |
| Miscellaneous receivable                                                                                                                                                                                                   | 250                                           |  | ----                                  |
| Prepaid expenses (note 3)                                                                                                                                                                                                  |   8,766                                  |  |       ----   |
|                                                                                                                                                                                                                            |                                               |  |                                       |
|      Current assets                                                                                                                                                                               | 12,596                                        |  |   1,615                          |
|                                                                                                                                                                                                                            |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Mineral property                                                                                                                                                                                                           | 7,038                                         |  | 35,000                                |
|                                                                                                                                                                                                                            |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Total Assets                                                                                                                                                                                                               |     $    19,634 |  | $    36,615            |
|                                                                                                                                                                                                                            | ============                                  |  | ============                          |
|                                                                                                                                                                                                                  |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Liabilities and Stockholders’ Deficit                                                                                                                                                                                |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Liabilities                                                                                                                                                                                                                |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Accounts payable                                                                                                                                                                                                           | $      1,799         |  | $      6,281 |
| Due to related parties (Note 5)                                                                                                                                                                                            | 114,425                                       |  | 65,999                                |
|                                                                                                                                                                                                                            |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
|      Current liabilities                                                                                                                                                                          | 116,224                                       |  | 72,280                                |
|                                                                                                                                                                                                                            |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Stockholders’ Equity ( Deficit )                                                                                                                                                                                     |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Capital stock $0.001 par value, 70,000,000,authorized							   8,265,300 issued and outstanding  at December 31, 2007							   (8,200,000 issued and outstanding at December 31 , 2006) | 14,730                                        |  | 8,200                                 |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Deficit Accumulated During the Exploration Stage                                                                                                                                                                           | (111,320)                                     |  | (43,865)                              |
|                                                                                                                                                                                                                            |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
|                                                                                                                                                                                                                       | (  96,590)                               |  | (35,665)                              |
|                                                                                                                                                                                                                            |                                               |  |                                       |
|                                                                                                                                                                                                                  |                                               |  |                                       |
| Total Liabilities and Stockholders’ Deficit                                                                                                                                                                          | $   19,634                          |  | $    36,615            |
|                                                                                                                                                                                                                            | ============                                  |  | ============                          |

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Consolidated Statements of Operations**
|                                     |                 |  |                                                |  | For the period                                                       |
|-------------------------------------|-----------------|--|------------------------------------------------|--|----------------------------------------------------------------------|
|                                     | For the period  |  | For the Year                                   |  | From inception                                                       |
|                                |  Ended     |  | Ended                                          |  | January 19, 2005                                                     |
|                                     | December 31,    |  | December 31,                                   |  | to December 31,                                                      |
|                                     | 2007            |  | 2006                                           |  | 2007                                                                 |
|                                     | $               |  | $                                              |  | $                                                                    |
|                                     |                 |  |                                                |  |                                                                      |
|                           |                 |  |                                                |  |                                                                      |
| Revenue                             | –          |  | –                                         |  | –                                                               |
|                           |                 |  |                                                |  |                                                                      |
| General and Administration Expenses | 32,455          |  | 19,754                                         |  | 76,320                                                               |
|                                     |                 |  |                                                |  |                                                                      |
|                           |                 |  |                                                |  |                                                                      |
| Operating ( Loss )                  | (32,455)        |  | (19,754)                                       |  | (76,320)                                                             |
|                           |                 |  |                                                |  |                                                                      |
| Writedown of mineral property       | 35,000          |  |         --- |  | -           35,000 |
|                                     |                 |  |                                                |  |                                                                      |
|                           |                 |  |                                                |  |                                                                      |
| Provision for Income Taxes          | ----            |  | -----                                          |  | -----                                                                |
|                                     |                 |  |                                                |  |                                                                      |
|                           |                 |  |                                                |  |                                                                      |
| Net ( Loss)                         | (  67,455) |  | ( 19,754)                                      |  | ( 111,320)                                                           |
|                                     | ============    |  | ============                                   |  | =============                                                        |
|                           |                 |  |                                                |  |                                                                      |
| Net Loss Per Share                  | (  $ 0.08) |  | (  $ 0.02)                                |  | (  $ 0.13)                                                      |
|                           |                 |  |                                                |  |                                                                      |
| Weighted Average Shares Outstanding | 8,205,820       |  | 8,200,000                                      |  | 8,205,820                                                            |
|                                     |                 |  |                                                |  |                                                                      |

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Statements of Cash Flows**

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|                                                 |                                                                                  |  |                                                                                                        |  | For the period                              |
|-------------------------------------------------|----------------------------------------------------------------------------------|--|--------------------------------------------------------------------------------------------------------|--|---------------------------------------------|
|                                                 |                                                                                  |  |                                                                                                        |  | From inception                              |
|                                                 | December 31, 								2007                                                   |  |  December 31,								2006                                                                         |  | January 19, 2005 to								December 31,2007 |
|                                                 | $                                                                                |  | $                                                                                                      |  | $                                           |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
| Operating Activities                            |                                                                                  |  |                                                                                                        |  |                                             |
| Net Loss                                   | (67,455)                                                                         |  | (19,754)                                                                                               |  | (111,320)                                   |
| Change in Non-Cash Working Capital Items        |                                                                                  |  |                                                                                                        |  |                                             |
| Receivables                                     |  (250)                                                                      |  | -----                                                                                                  |  | (250)                                       |
| Prepaid Expenses                                | (8,766)                                                                          |  | -----                                                                                                  |  | (8,766)                                     |
| Mineral Property Writedown                      | 35,000                                                                           |  | -----                                                                                                  |  | 35,000                                      |
| Accounts Payable                                | (  4,482)                                                                   |  |  (  4,045)                                                                                   |  |     1,799                    |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
| Net Cash(used) Provided by Operating Activities | (45,953)                                                                         |  | (23,799)                                                                                               |  | (83,537)                                    |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
|                                       |                                                                                  |  |                                                                                                        |  |                                             |
| Investing Activities                            |                                                                                  |  |                                                                                                        |  |                                             |
| Mineral Properties                              | (7,038)                                                                          |  | ------                                                                                                 |  | (42,038)                                    |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
| Net Cash (Used) in Investing Activities         |              (7,038) |  |                  ----- |  | (42,038)                                    |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
|                                       |                                                                                  |  |                                                                                                        |  |                                             |
| Financing Activities                            |                                                                                  |  |                                                                                                        |  |                                             |
| Common Shares Issued                            | 6,530                                                                            |  |      ----                                                                          |  | 14,730                                      |
| Related Party Payables                          | 48,426                                                                           |  | 23,850                                                                                                 |  | 114,425                                     |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
| Net Cash Provided by Financing Activities       | 54,956                                                                           |  | 23,850                                                                                                 |  | 129,155                                     |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
|                                       |                                                                                  |  |                                                                                                        |  |                                             |
| Increase in Cash                                | 1,965                                                                            |  | 51                                                                                                     |  | 3,580                                       |
| Cash – Beginning of Period                 | 1,615                                                                            |  | 1,564                                                                                                  |  | 0                       |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
| Cash – End of Period                       | $  3,580                                                                    |  | $  1,615                                                                                          |  | $  3,580                               |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
|                                       |                                                                                  |  |                                                                                                        |  |                                             |
|                                       |                                                                                  |  |                                                                                                        |  |                                             |
| Supplemental Information                        |                                                                                  |  |                                                                                                        |  |                                             |
| Taxes Paid                                      | 0                                                                                |  | 0                                                                                                      |  | 0                                           |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |
| Interest Paid                                   | 0                                                                                |  | 0                                                                                                      |  | 0                                           |
|                                                 |                                                                                  |  |                                                                                                        |  |                                             |

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**GEORGIA INTERNATIONAL MINING CORP.**

| **GEORGIA INTERNATIONAL MINING CORPORATION**                       |
|--------------------------------------------------------------------|
| **(An Exploration Stage Company)**                                 |
|                                                          |
| **Consolidated Statements of Stockholders’ Deficiency**      |
| **From January 19, 2005 (date of inception) to December 31, 2007** |
| **(US Dollars)**                                                   |
|                                                          |
|                                                                    | Common								Stock |  |  |  | Accumulated								Deficit during								Exploration |  |  |
|                                                                    | Shares |  | Amount |  | Stage |  | Total |
|                                                                    |  |  |  |  |  |  |  |
|                                                          |  |  |  |  |  |  |  |
| Balance January 19, 2005                                           | $    - |  | $     - |  | $           - |  | $- |
|                                                          |  |  |  |  |  |  |  |
| Shares issued for cash at $0.001 on							February 10, 2005        | 8,200,000 |  | 8,200 |  | ------- |  | 8,200 |
|                                                          |  |  |  |  |  |  |  |
| Net Loss – December 31, 2005                                  | -----  |  |  ----- |  | (24,111) |  | (24,112) |
|                                                                    |  |  |  |  |  |  |  |
|                                                          |  |  |  |  |   |  |  |
| Balance at December 31, 2005                                       | 8,200,000 |  | 8,200 |  | (24,111) |  | (15,912) |
|                                                     |  |  |  |  |  |  |  |
| Net Loss – December 31, 2006                                  | ------ |  | ----- |  | (19,754) |  | (19,754) |
|                                                                    |  |  |  |  |  |  |  |
|                                                          |  |  |  |  |  |  |  |
| Balance at December 31, 2006                                       | 8,200,000 |  | 8,200 |  | (43,865) |  | (35,665) |
|                                                          |  |  |  |  |  |  |  |
| Share issued for cash April 18, 2007						at $0.010                | 65,300 |  | 6,530 |  | ----- |  | 6,530 |
|                                                          |  |  |  |  |  |  |  |
| Net Loss – December 31, 2007                                  | ----- |  | ----- |  | (67,455) |  | (67,455)  |
|                                                                    |  |  |  |  |  |  |  |
|                                                          |  |  |  |  |  |  |  |
| **Balance at December 31, 2007**                                   | **8,265,300** |  | **14,730** |  | **(111,320)** |  | **(96,590)** |
|                                                                    | ========== |  | ========== |  | ============ |  | ========== |

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to Consolidated Financial Statements					For the Year December 31, 2007					(Unaudited)**

**1.     Exploration Stage Company**Georgia International Mining Corporation (“the “Company”) was incorporated under the laws of the State of Nevada on January 19, 2005 with authorized common stock of 70,000,000 shares at $0.001 par value.  Georgia was organized for the purpose of conducting mining exploration, developing mining sites and producing minerals to the consumer markets. The Company has not presently determined whether its properties contain mineral reserves that are economically recoverable.				These consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated any revenues since inception and has never paid any dividends and is unlikely to pay dividends or generate earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations and to determine the existence, discovery and successful exploitation of economically recoverable reserves in its resource properties, confirmation of the Company’s interests in the underlying properties, and the attainment of profitable operations. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern.**2.     Summary of Significant Accounting Policies**a)     Basis of Presentation and Consolidation				These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. These consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, E G Gold Mines Canada, Inc. (“E G Gold”), a company incorporated in the Province of British Columbia, Canada, on December 13, 2006. All intercompany transactions and balances have been eliminated. The Company’s fiscal year end is December 31.

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to Consolidated Financial Statements					For the Year Ended December 31, 2007					(Unaudited)**

**2.     Summary of Significant Accounting Policies (continued)**b)     Use of Estimates				The preparation of these consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to donated expenses, and deferred income tax asset valuations. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.				c)     Cash and Cash Equivalents				The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents.				d)     Basic and Diluted Net Income (Loss) Per Share				The Company computes net income (loss) per share in accordance with SFAS No. 128, "*Earnings per Share*" (SFAS 128). SFAS 128 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including stock options, using the treasury stock method, and convertible preferred stock, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.				e)     Financial Instruments				The fair values of cash, investments, accounts payable, accrued liabilities, amounts due to shareholders and amounts due to related parties, approximate their carrying values due to the immediate or short-term maturity of these financial instruments.  Foreign currency transactions are primarily undertaken in Canadian dollars. The financial risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility to these rates.  Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. 

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to Consolidated Financial Statements					For the Year Ended December 31, 2007					(Unaudited)**

**2.     Summary of Significant Accounting Principles (continued)**f)     Foreign Currency Transactions/Balances				The Company’s functional currency is the United States dollar. The consolidated financial statements of the Company are translated to United States dollars in accordance with SFAS No. 52 “*Foreign Currency Translation*” (“SFAS No. 52). Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. Foreign currency transactions are primarily undertaken in Canadian dollars. The Company has not, to the date of these consolidated financials statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.				The functional currency of the wholly owned subsidiary is the Canadian dollar. The financial statements of the subsidiary are translated to United States dollars in accordance with SFAS No. 52 using period-end rates of exchange for assets and liabilities, and average rates of exchange for the year for revenues and expenses. Translation gains (losses) are recorded in accumulated other comprehensive income (loss) as a component of stockholders’ equity. Foreign currency transaction gains and losses are included in current operations.				g)     Mineral Property Costs				The Company is primarily engaged in the acquisition, exploration and development of mineral properties. Mineral property acquisition costs are capitalized in accordance with EITF 04-2 when management has determined that probable future benefits consisting of a contribution to future cash inflows have been identified and adequate financial resources are available or are expected to be available as required to meet the terms of property acquisition and budgeted exploration and development expenditures.  Mineral property acquisition costs are expensed as incurred if the criteria for capitalization are not met.  In the event that mineral property acquisition costs are paid with Company shares, those shares are valued at market at the time the shares are due.				Mineral property exploration costs are expensed as incurred. When mineral properties are acquired under option agreements with future acquisition payments to be made at the sole discretion of the Company, those future payments, whether in cash or shares, are recorded only when the Company has made or is obliged to make the payment or issue the shares.  Because option payments do not meet the definition of tangible property under EITF 04-2, all option payments are expensed as incurred.				When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves and pre feasibility, the costs incurred to develop such property are capitalized.  Estimated future removal and site restoration costs, when determinable are provided over the life of proven reserves on a units-of-production basis.  Costs, which include production equipment removal and environmental remediation, are estimated each period by management based on current regulations, actual expenses incurred, and technology and industry standards.  Any charge is included in exploration expense or the provision for depletion and depreciation during the period and the actual restoration expenditures are charged to the accumulated provision amounts as incurred.

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to Consolidated Financial Statements					For the Year Ended December 31, 2007					(Unaudited)**

**2.     Summary of Significant Accounting Principles (continued)**i)     Long-Lived Assets				In accordance with SFAS No. 144, “Accounting for the Impairment or Disposal of Long-Lived Assets”, the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicate that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and current expectation that the asset will more likely than not be sold or disposed significantly before the end of its estimated useful life.				Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances. An impairment loss is recognized when the carrying amount is not recoverable and exceeds fair value.				j)     Comprehensive Loss				SFAS No. 130, “*Reporting Comprehensive Income*” establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at February 28, 2007, the Company’s only component of comprehensive loss was foreign currency translation adjustments.				k)     Income Taxes				Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted SFAS No. 109 “*Accounting for Income Taxes*” as of its inception. Pursuant to SFAS No. 109 the Company is required to compute tax asset benefits for net operating losses carried forward. Potential benefit of net operating losses have not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.				l)     Stock-based Compensation				Prior to January 1, 2006, the Company accounted for stock-based awards under the recognition and measurement provisions of Accounting Principles Board Opinion No. 25, “*Accounting for Stock Issued to Employees*” using the intrinsic value method of accounting, under which compensation expense was only recognized if the exercise price of the Company’s employee stock options was less than the market price of the underlying common stock on the date of grant. Effective January 1, 2006, the Company adopted the fair value recognition provisions of SFAS No. 123R “*Share Based Payments*”, using the modified retrospective transition method. The Company has not issued any stock options or share based payments since its inception. Accordingly, there was no effect on the Company’s reported loss from operations, cash flows or loss per share as a result of adopting SFAS No 123R.

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to Consolidated Financial Statements					For the Year Ended December 31, 2007					(Unaudited)**

**2.     Summary of Significant Accounting Principles (continued)**m)     Recent Accounting Pronouncements				In February 2007, the Financial Accounting Standards Board (FASB) issued SFAS No. 159, “*The Fair Value Option for Financial Assets and Financial Liabilities – Including an Amendment of FASB Statement No. 115*”.  This statement permits entities to choose to measure many financial instruments and certain other items at fair value. Most of the provisions of SFAS No. 159 apply only to entities that elect the fair value option. However, the amendment to SFAS No. 115 “*Accounting for Certain Investments in Debt and Equity Securities*” applies to all entities with available-for-sale and trading securities. SFAS No. 159 is effective as of the beginning of an entity’s first fiscal year that begins after November 15, 2007. Early adoption is permitted as of the beginning of a fiscal year that begins on or before November 15, 2007, provided the entity also elects to apply the provision of SFAS No. 157, “*Fair Value Measurements”.* The adoption of this statement is not expected to have a material effect on the Company's financial statements.				In September 2006, the Financial Accounting Standards Board (“FASB”) issued SFAS No. 158, “Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans – an amendment of FASB Statements No. 87, 88, 106, and 132(R)”. This statement requires employers to recognize the overfunded or underfunded status of a defined benefit postretirement plan (other than a multiemployer plan) as an asset or liability in its statement of financial position and to recognize changes in that funded status in the year in which the changes occur through comprehensive income of a business entity or changes in unrestricted net assets of a not-for-profit organization. This statement also requires an employer to measure the funded status of a plan as of the date of its year-end statement of financial position, with limited exceptions. The provisions of SFAS No. 158 are effective for employers with publicly traded equity securities as of the end of the fiscal year ending after December 15, 2006. The adoption of this statement is not expected to have a material effect on the Company's future reported financial position or results of operations.				In September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements”. The objective of SFAS No. 157 is to increase consistency and comparability in fair value measurements and to expand disclosures about fair value measurements. SFAS No. 157 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. SFAS No. 157 applies under other accounting pronouncements that require or permit fair value measurements and does not require any new fair value measurements. The provisions of SFAS No. 157 are effective for fair value measurements made in fiscal years beginning after November 15, 2007. The adoption of this statement is not expected to have a material effect on the Company's future reported financial position or results of operations.

F-9

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to Consolidated Financial Statements					For the Year Ended December 31, 2007					(Unaudited)**

**2.     Summary of Significant Accounting Principles (continued)**m)     Recent Accounting Pronouncements (continued)				In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Integration No. 48, “Accounting for Uncertainty in Income Taxes, an interpretation of FASB Statements No. 109” (FIN 48). FIN 48 clarifies the accounting for uncertainty in income taxes by prescribing a two-step method of first evaluating whether a tax position has met a more likely than not recognition threshold and second, measuring that tax position to determine the amount of benefit to be recognized in the financial statements. FIN 48 provides guidance on the presentation of such positions within a classified statement of financial position as well as on de-recognition, interest and penalties, accounting in interim periods, disclosure, and transition. FIN 48 is effective for fiscal years beginning after December 15, 2006. The adoption of this standard is not expected to have a material effect on the Company’s results of operations or financial position.				In March 2006, the FASB issued SFAS No. 156, "Accounting for Servicing of Financial Assets, an amendment of FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities". This statement requires all separately recognized servicing assets and servicing liabilities be initially measured at fair value, if practicable, and permits for subsequent measurement using either fair value measurement with changes in fair value reflected in earnings or the amortization and impairment requirements of Statement No. 140. The subsequent measurement of separately recognized servicing assets and servicing liabilities at fair value eliminates the necessity for entities that manage the risks inherent in servicing assets and servicing liabilities with derivatives to qualify for hedge accounting treatment and eliminates the characterization of declines in fair value as impairments or direct write-downs. SFAS No. 156 is effective for an entity's first fiscal year beginning after September 15, 2006. The adoption of this statement is not expected to have a material effect on the Company's future reported financial position or results of operations.				The FASB has issued SFAS No. 155 “*Accounting for Certain Hybrid Financial Instruments*” and SFAS No. 156 “*Accounting for Servicing of Financial Assets*”, but they will not have any relationship to the operations of the Company. Therefore a description and its impact for each on the Company’s operations and financial position have not been disclosed.				n)     Reclassifications				Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the current period’s presentation.**3.     Prepaid Expenses**In March 15, 2007 the Company prepaid $20,000 for transfer agency fees for a period of one year.  As of December 31, 2007, $16,234 has been allocated to transfer agent expenses. The Company also issued $5,000 to TD Canada Trust as a deposit for the corporate visa during the period ended June 30, 2007.

F-10

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**GEORGIA INTERNATIONAL MINING CORP.**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to Consolidated Financial Statements					For the Yesr Ended December 31, 2007					(Unaudited)**

**4.    Mineral Property Interest**On July 30, 2005 Georgia signed an option agreement with Firstline Environmental Solutions Inc, A Florida Corporation “FESI” to purchase three mineral claims numbers; 506335, 506336 and 506337 located in the Cariboo District, British Columbia. The claims are part of the Burns Group Mineral Claim that, encompass 3,900 hectare or 12,000 acres. The option price is $285,000 of which, $35,000 was paid upon signing the agreement and the remaining balance of $250,000 is payable on two installments (i) $125,000 due on June 30, 2007 and (ii) $125,000 due on June 2008.				The agreement stipulates that Georgia must commence mineral exploration on the properties as soon its securities are listed on a public market, and will have one year from that date to complete its exploration program on the three mineral claims. FESI may cancel this agreement and Georgia will not be entitled to recover its $35,000 investment in the event that Georgia does not complete the exploration by June 30, 2007.				On June 30, 2007, the option to purchase the three mineral claims expired as the Company was unable to pay the installment of $125,000, due June 30, 2007 and complete its required exploration program on the claims. Pursuant to the option agreement, the Company will not be entitled to recover its initial $35,000 investment in said claims, and the amount has been written off in the financial statements.				On January 8, 2007 the Company’s wholly owned subsidiary, E G Gold Mines Inc. entered into an agreement with the President to acquire 100% of his rights to mineral claim #204547 which is located approximately 40 miles south of Wells, British Columbia, Canada.  The claim is situated in the Cariboo Mountains and contains 25 cells (approximately 1,500 acres) of gold mining property.				The purchase price is $7,038 USD ($8,010 CDN) which is the same amount the President paid for the claim on original acquisition including the $10 CDN registration fee. The parties have signed a promissory note whereby the full amount of $7,038 is due on demand, has no specific terms of repayment, is non-interest bearing and is unsecured.**5.     Related Party Transactions**During the period ended December 31, 2007 the Company’s President and Director loaned the Company $114,425 (December 31, 2006: $65,999) to finance working capital.  The loan does not bear any interest and no specific repayment date.				All loans are recorded at face value and are expected to be paid during the 2007 fiscal year.  As such, these loans are recorded as current liabilities.**6.     Common Stock**In March 2007, the Company authorized subscription agreements for 65,300 common shares at $0.10 per share pursuant to the issuer’s Registration Statement filed on Form SB-2 which became effective February 14, 2007. The proceeds of $6,530 were deposited in April 2007 and the shares were issued April 18, 2007.

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**GEORGIA INTERNATIONAL MINING CORP.**

**Item 8.   Changes in and disagreements with Accountants on Accounting and Financial Disclosure**There have been no disagreements on accounting and financial disclosures from the inception of the Company through to the date of this Report.**Item 8A.   Controls and Procedures****Critical Accounting Policies**The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America, requires us to make estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, the reported amount of revenues and expenses during the reporting period and related disclosure of contingent assets and liabilities. On an ongoing basis, we evaluate our estimates and judgments, particularly those related to the determination of the estimated Canadian exploration tax credit receivable. To the extent actual results differ from those estimates, our future results of operations may be affected. Besides this critical accounting policy on use of estimates, we believe the following critical accounting policy affects the preparation of our consolidated financial statements.**Acquisition, Exploration and Evaluation Expenditures**The Company is an exploration stage mining company and has not yet realized any revenue from its operations. It is primarily engaged in the acquisition, exploration and development of mining properties. Mineral property acquisition and exploration costs are expensed as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property, are capitalized. For the purpose of preparing financial information, all costs associated with a property that has the potential to add to the Company's proven and probable reserves are expensed until a final feasibility study demonstrating the existence of proven and probable reserves is completed. No costs have been capitalized in the periods covered by these financial statements. Once capitalized, such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. **Recent Accounting Pronouncements**In March 2005, the FASB issued an interpretation of Statement No. 143, "Accounting for Asset Retirement Obligations". This interpretation clarifies that the term "conditional asset retirement obligation" as used in the Statement No. 143, refers to a legal obligation to perform an asset retirement activity in which the timing and (or) method of settlement are conditional on a future event that may or may not be within the control of the entity. The obligation to perform the asset retirement activity is unconditional even though uncertainty exists about the timing and (or) method of settlement. Thus, the timing and (or) method of settlement may be conditional on a future event. Accordingly, an entity is required to recognize a liability for the fair value of a conditional asset retirement obligation if the fair value of the liability can be reasonably estimated.			The fair value of a liability for the conditional asset retirement obligation should be recognized when incurred - generally upon acquisition, construction, or development and (or) through the normal operation of the asset. Uncertainty about the timing and (or) method of settlement of a conditional asset retirement obligation should be factored into the measurement of the liability when sufficient information exist.			Statement No. 143 acknowledges that in some cases, sufficient information may not be available to reasonably estimate the fair value of an asset retirement obligation. This interpretation also clarifies when an entity would have sufficient information to reasonable estimate the fair value of an asset retirement obligation. This interpretation is effective no later than the end of fiscal years after December 15, 2005. Management does not 
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**GEORGIA INTERNATIONAL MINING CORP.**

			expect FASB interpretation to the Statement No. 143 to have an impact to the Company's consolidated financial position or consolidated results of operations and cash flows.			In May 2005, the FASB issued Statement No. 154, "Accounting Changes and Error Corrections", a replacement of APB Opinion 20, "Accounting Changes" and FASB Statement No. 3, "Reporting Accounting Changes in Interim Financial Statements." This Statement changes the requirements for the accounting for and reporting of a change in accounting principle. APB Opinion 20 previously required that most voluntary changes in  accounting principles be recognized by including in net income of the period of the change the cumulative effect of changing to the new accounting principle.			FASB Statement No. 154 requires retrospective application to prior periods' financial statements of changes in accounting principle, unless it is impracticable to determine either the period specific effects or the cumulative effect of the change. This statement is effective for accounting changes and corrections of errors made in fiscal periods that begin after December 15, 2005. Management does not anticipate this statement will impact the Company's consolidated financial position or consolidated results of operations and cash flows.			In February 2006, the FASB issued Statement No. 155, "Accounting for Certain Hybrid Financial Instruments", an amendment of FASB Statement No.133, "Accounting for Derivative Instruments and Hedging Activities" and FASB Statement No. 140, "Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities." This Statement permits fair value re measurement for any hybrid financial instrument that contains an embedded derivative that otherwise would require bifurcation; clarifies which interest-only strips and principal-only strips are not subject to the requirements of Statement No. 133, establishes a requirement to evaluate interests in securitized financial assets to identify interests that are freestanding derivatives or that are hybrid financial instruments that contain an embedded derivative requiring bifurcation; clarifies that concentrations of credit risk in the form of subordination are not embedded derivatives and amends Statement 140 to eliminate the prohibition on a qualifying special-purpose entity from holding a derivative financial instrument that pertains to a beneficial interest other than another derivative financial instrument. Management does not anticipate this Statement will impact the Company's consolidated financial position or consolidated results of operations and cash flows.			In March 2006, the FASB issued Statement No. 156, "Accounting for Servicing of Financial Assets", an amendment of FASB Statement No. 140, "Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities." This Statement amends Statement No. 140 with respect to the accounting for separately recognized servicing assets and servicing liabilities. Management does not anticipate this Statement will impact the Company's consolidated financial position or consolidated results of operations and cash flows.			SFAS NO. 123R- In December 2004, the Financial Accounting Standards Board ("FASB") issued Statement of Financial Accounting Standards No. 123R, "Share-Based Payment" ("FAS 123R"), which revised FAS 123 "Accounting for Stock-Based Compensation". FAS 123R requires measurement and recognition of the costs of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award, recognized over the period during which an employee is required to provide service in exchange for such award. Implementation is required as of the first interim or annual reporting period that begins after December 15, 2005 for public entities that file as small business issuers. 			The Company believes that the above standards would not have a material impact on its financial position, results of operations or cash flows at this time.**Item 8B.   Other Information**None to Report.

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**GEORGIA INTERNATIONAL MINING CORP.**

**Part III****Item 9.   Directors, Executive Officers, Promoters and Control Persons; Compliance with Section 16(a) of the Exchange Act**The following table sets forth certain information as of March 30, 2008.**Executive Compensation**The following table sets forth the salaries and directors’ fees we expect to pay to our executives on an annual basis.**Person                           Age              Position                                   Term**Mark Hague*                  40                President & Director                 1 Year			*Mark Hague is the President and Director of Georgia International Mining Corporation.			We do not have comparative compensation disclosure for the past fiscal year due to the company only being in operation for 12 months. 			We do not have an audit committee, nor do we have a compensation committee. We anticipate forming these committees at a future Board of Directors’ meeting.**Mark Hague, Chairman, Chief Executive Officer, President, Chief Financial Officer and Chief Accounting Officer**			Since January 30, 2004 Mr. Hague owns and operates Marval Enterprises, Ltd., a residential real estate development company in Lower Mainland Vancouver, British Columbia.  Prior to starting his own business Mr. Hague from the early 1990’s until December 31, 2003, Mr. Hague was general manager of Fu Kwai Enterprises Ltd., a company involved in Real Estate Development in British Columbia, Canada. Through this company, Mr. Hague developed many properties for commercial and residential use. He also explored sites for mining companies to house their employees and to store mining equipments. Mr. Hague continues to be the general manager of Fu Kwai Enterprises Ltd. and devotes approximately 20 hours per week to Georgia International Mining Corporation and will devote additional time as need requires.  			Mr. Hague resides in Langley, British Columbia.			Compliance with Section 16(a) of Securities Exchange Act of 1934			During the fiscal year ended December 31, 2007, our sole Director and Officer complied with all applicable Section 16(a) filing requirements. This statement is based solely on a review of the copies of such reports that reflect all reportable transactions furnished to us by our Director and Officer and their written representations that such reports accurately reflect all reportable transactions.**Item 10.   Executive Compensation**The following table sets forth the salaries and directors’ fees paid to our executives on an annual basis.**Executive Compensation**The following table sets forth the salaries and directors’ fees we expect to pay to our executives on an annual basis.

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**GEORGIA INTERNATIONAL MINING CORP.**

**Person                           Position                          Salary                Directors’ fees**Mark Hague(*)               President & Director         $0.00                         $0.00			(*) Mark Hague is the President and Director of  Georgia  International Mining Corporation.			We do not have comparative compensation disclosure for the past fiscal year due to the company only being in operation for 12 months. 			We do not have an audit committee, nor do we have a compensation committee. We anticipate forming these committees at a future Board of Directors’ meeting.

Person

Director’sPosition

Stock BasedSalary

Fees

Compensation

Total

 

2006

2007

2006

2007

2006

2007

2006

2007

Mark Hague

Chair, CEO,						CFO, CAO

0

0

0

0

$0

$0

$0

$0
		We currently have one director.		As of March 30, 2008, there are no other arrangements, standard or otherwise, with any director or officer wherein the director or officer is compensated other than as stated above.		We intend to do one or a combination of the following to compensate our employees, officers and directors so that they are retained and so that we can attract qualified personnel as we deem appropriate.		Develop a stock option plan and have our employees, officers and directors opt in to the plan at their choosing; and/or issue shares to our employees, officers and directors.		We do not have an audit committee or a compensation committee.**Item 11.   Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**The following table sets forth, as of  March 30, 2008, certain information as to shares of our common stock owned by (i) each person known by us to beneficially own more than 5% of our outstanding common stock, (ii) each of our directors, and (iii) all of our executive officers and directors as a group:		                                                AMOUNT AND NATURE          PERCENT OF		                                                OF BENEFICIAL SHARES         OUTSTANDING		            NAME                         OWNED                                      OWNERSHIP		Mark Hague                             4,000,000 common shares                   48.39%		_________________		Mr. Hague’s shares are not registered.
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**GEORGIA INTERNATIONAL MINING CORP.**

**Item 12.   Certain Relationships and Related Transactions**We intend that any transactions between us and our officers, directors, principal stockholders, affiliates or advisors will be on terms no less favorable to us than those reasonably obtainable from third parties.  To date, several related party transactions have taken place.			In September 2006, the president purchased Claim number 529404 from shareholder Doug Merrick in the amount of $7, 038. On January 8, 2007, the president sold this same claim to the issuer’s subsidiary, EG Gold Mines, Inc. for the same purchase price of $7,038.			Shareholder, Tom Hatton is the president of Gemco Minerals and company entered into an agreement with Gemco on July 30, 2005 as disclosed throughout our 10KSB.**Item 13.   Exhibits****Exhibits**(a)     Audited Consolidated Financial Statements (included in Part 11 of this Report):

Auditor’s Report				Consolidated Balance Sheet – December 31, 2007				Consolidated Statements of  Operations and Deficit – December 31, 2007				Consolidated Statements of Cash Flows – December 31, 2007				Consolidated Statement of Stockholders’ Equity – December 31, 2007				Notes to Consolidated Financial Statements – December 31, 2007

(b)     None			(c)     Exhibit
          14.1       Code of Ethics31.1Certification of Chief Executive Officer and Chief Financial Officer and Chief Accounting Officer32.1Certification of Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer**Item 14.   Principal Accountant Fees and Services.**Although our audit fees have increased because we are a reporting company and filing the requisite quarterly and annual reports with the Securities and Exchange Commission, many of these same expenses have been incurred to date due to our merger, and during the last fiscal year we have had two full audits performed whereas only one would be done in a typical year. However, we are aware that audit fees have generally increased as a function of the increased reporting requirements mandated by the recently enacted Sarbanes-Oxley Act.  We are also optimistic that our business activities will increase, which will require auditing procedures over a greater transaction base. 		The auditor’s fee for fiscal 2007 were approximately $6,000 was paid but yet not invoiced.
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**GEORGIA INTERNATIONAL MINING CORP.**

**SIGNATURES**In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.                                                                    GEORGIA INTERNATIONAL MINING CORPORATION                                                                            (Registrant)                                                            By     /s/ Mark Hague                                                                                                                 Mark Hague, Chief Executive Officer,                                                                     Chief Financial Officer & Chief Accounting Officer                                                            Date  March 30, 2008                                           

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