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, 2006				[  ]  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-

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| **Georgia International Mining Corporation**								(Exact name of registrant as specified in its charter) |
|------------------------------------------------------------------------------------------------------------|
| Nevada                                                               | 20-2308107                                    |
|----------------------------------------------------------------------|-----------------------------------------------|
| (State or other jurisdiction							of incorporation or organization) | (I.R.S. Employer							Identification Number) |

| 299 – 1917 West 4th Avenue, Vancouver, BC. V6J 1M7 (604) 813-8529**** |
|----------------------------------------------------------------------------|
| (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     [X ] No				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, 2007 was $400,000.				As of March 30, 2007 the Company had 8,200,000 issued and outstanding shares of common stock.

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**Table of Contents**

PART I......................................................................................................................................................... 3

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ITEM 1. DESCRIPTION OF BUSINESS.......................................................................................... 3ITEM 2. DESCRIPTION OF PROPERTY......................................................................................... 7ITEM 3. LEGAL PROCEEDINGS..................................................................................................... 7ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.......................... 8

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PART II........................................................................................................................................................ 8
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ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS..... 8ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION......... 8ITEM 7. FINANCIAL STATEMENTS............................................................................................ 11ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON						ACCOUNTING AND FINANCIAL DISCLOSURE....................................................................... 21ITEM 8A. CONTROLS AND PROCEDURES................................................................................ 21ITEM 8B. OTHER INFORMATION............................................................................................... 22

PART III..................................................................................................................................................... 22
> 
ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL						PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT....................... 22ITEM 10. EXECUTIVE COMPENSATION................................................................................... 23ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND						MANAGEMENT AND RELATED STOCKHOLDER MATTERS................................................. 24ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.............................. 24ITEM 13. EXHIBITS....................................................................................................................... 24ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES................................................. 24

SIGNATURES........................................................................................................................................... 25
> 
EXHIBIT 31.1 - CERTIFICATIONS.............................................................................................. 26EXHIBIT 32.1 - CERTIFICATIONS.............................................................................................. 27EXHIBIT 14.1 - CODE OF ETHICS.............................................................................................. 28

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**ITEM 1.  DESCRIPTION OF BUSINESS**

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**ITEM 2. DESCRIPTION OF PROPERTY**
**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.

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**ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS****Part II****ITEM 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS****ITEM 6. MANAGEMENT****S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION**

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**Plan of Operations**

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**ITEM 7. FINANCIAL STATEMENTS**

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					INDEX TO CONSOLIDATED FINANCIAL STATEMENTS					DECEMBER 31, 2006					US FUNDS**

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| Report of Independent Registered Public Accounting Firm  | * *  | **                |
|----------------------------------------------------------|-----------|-------------------|
| Consolidated Balance Sheet                               | *Exhibit* | *“A”* |
| Consolidated Statement of Operations                     | *Exhibit* | *“B”* |
| Consolidated Statement of Changes in Cash Flows          | *Exhibit* | *“C”* |
| Consolidated Statement of Stockholders’ Deficiency | *Exhibit* | *“D”* |
| Consolidated Notes to the Financial Statements           | *Exhibit* | *“E”* |

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors				Georgia International Mining CorporationWe have audited the accompanying balance sheet of Georgia International Mining Corporation as of December 31, 2006 and 2005, and the related statements of operations, stockholders’ equity and cash flows from inception January 19, 2005 through December 31, 2006. 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 as of December 31, 2006 and 2005 and the results of its operations and its cash flows from inception January 19, 2005 through December 31, 2006, 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 3 to the financial statements, the Company’s net losses of $19,754 as of December 31, 2006 and its lack of operations and sources of revenues raises substantial doubt about its ability to continue as a going concern.  Management’s plans concerning these matters are also described in Note 3.  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				February 27, 2007

*2675 S. Jones Blvd. Suite 109, Las Vegas, NV 89146 (702) 253-7511 Fax (702) 253-7501*

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|                                                                        |                                                                                                        | *Exhibit “A”*                                                                              |
|------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------|
|                                                              |                                                                                                        |                                                                                                        |
| **GEORGIA INTERNATIONAL MINING CORPORATION**                           |
| (An Exploration Stage Company)                                         |
| **Balance Sheet**                                                      |
| ** December 31, 2006**                                            |
| (US Dollars)                                                           |
| **Audited**                                                            |
|                                                              |                                                                                                        |                                                                                                        |
|                                                                        | **December 31,**                                                                                       | **December 31,**                                                                                       |
| **2006**                                                               | **2005**                                                                                               |
|                                                                        |                                                                                                        |                                                                                                        |
| **Assets**                                                             |                                                                                                        |                                                                                                        |
|                                                              |                                                                                                        |                                                                                                        |
| Current:                                                               |                                                                                                        |                                                                                                        |
| Cash on hand                                                           |  $              1,615            |  $              1,564            |
|                                                              |                                                                                                        |                                                                                                        |
| Mineral Property (Note 3)                                              | 35,000                                                                                                 | 35,000                                                                                                 |
|                                                                        |                                                                                                        |                                                                                                        |
|                                                              |                                                                                                        |                                                                                                        |
|                                                                        |  $            36,615                       |  $            36,564                       |
|                                                                        | ============                                                                                           | ============                                                                                           |
|                                                              |                                                                                                        |                                                                                                        |
| **Liabilities **                                                  |                                                                                                        |                                                                                                        |
| Current:                                                               |                                                                                                        |                                                                                                        |
| Amounts Payable                                                        |                  6,281 |                10,327            |
| Due to Shareholders   (Note 4)                               |                65,999            |                42,149            |
|                                                                        |                                                                                                        |                                                                                                        |
| Total Liabilities                                                      | 72,282                                                                                                 | 52,476                                                                                                 |
|                                                                        |                                                                                                        |                                                                                                        |
|                                                              |                                                                                                        |                                                                                                        |
| **Stockholders Equity and Deficit**                                    |                                                                                                        |                                                                                                        |
| Deficit, per Exhibit “B”                                   |              (43,866)                      |              (24,112)                      |
| Capital stock, $0.001 par value, 70,000,000 shares                     |                                                                                                        |                                                                                                        |
| authorized, 8,200,000 issued and outstanding                           |                  8,200 |                  8,200 |
|                                                                        |                                                                                                        |                                                                                                        |
| Total Equity                                                           |              (35,666)                      |              (15,912)                      |
|                                                                        |                                                                                                        |                                                                                                        |
|                                                              |                                                                                                        |                                                                                                        |
|                                                                        |  $            36,615                       |  $            36,564                       |
|                                                                        | ============                                                                                           | ============                                                                                           |
|                                                              |                                                                                                        |                                                                                                        |
| Continuing operations (Note 1)                                         |                                                                                                        |                                                                                                        |
|                                                              |                                                                                                        |                                                                                                        |
| The accompanying notes are integral part of these financial statements |                                                                                                        |

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|                                                                           |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        | *Exhibit “B”* |
|---------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------|---------------------------|
|                                                                 |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |                           |
| **GEORGIA INTERNATIONAL MINING CORPORATION**                              |
| (An Exploration Stage Company)                                            |
| **Statement of Operations**                                               |
| **For the Year Ended December 31, 2006**                                  |
| (US Dollars)                                                              |
| **Audited**                                                               |
|                                                                 |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |                           |
|                                                                           | ** December 31, 2006**                                                                                                             | ** December 31, 2005**                                                                                                                        | **Cumulative From								January 19, 2005								(Date of Inception)								To December 31,								2006**                              |
|                                                                           |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |                           |
|                                                                 |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |                           |
| **Revenue**                                                               |  $                    -   |  $                   -                    |  $                  -              |
|                                                                 |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |                           |
| **Expenses:**                                                             |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |
|                                                                           | Accounting and audit                                                                                                          |                  9,848                                             |                 9,395                                       | 19,243                    |
|                                                                           | Bank charges                                                                                                                            |                     364                             |                    234                       | 598                       |
|                                                                           | Exchange gain and loss                                                                                                                  |                        -   |                      34            | 34                        |
|                                                                           | Legal                                                                                                                                   |                  4,139                                             |                 8,000                                       | 12,139                    |
|                                                                           | License and registration                                                                                                                |                     599                             |                 2,907                                       | 3,506                     |
|                                                                           | Transfer agent                                                                                                                          |                  4,804                                             |                 3,542                                       | 8,346                     |
|                                                                           |
|                                                            |                                                                                                                                    |                                                                                                                                               |                                                                                                                                   |                      |
| **Net Loss**                                                              | ** $            19,754**                                                    |  $           24,112                                                                         |  $           43,866                                                             |
| Deficit beginning                                                         | 24,112                                                                                                                                  |                       -         |                      -   |
|                                                                           |
|                                                            |                                                                                                                                    |                                                                                                                                               |                                                                                                                                   |                      |
| **Deficit ending**                                                        | ** $            43,866**                                                    |  $           24,112                                                                         |  $           43,866                                                             |
| =================================================================         |
|                                                                 |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |                           |
| **Loss per share:**                                                       |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |
|                                                                           | Basic                                                                                                                                   | $0.005                                                                                                                                             | $0.003                                                                                                                                 | $0.005                    |
|                                                                           | Fully diluted                                                                                                                           | $0.005                                                                                                                                             | $0.003                                                                                                                                 | $0.005                    |
|                                                            |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |                           |
| **Weighted average number of common shares outstanding:**                 |
|                                                                           | Basic                                                                                                                                   | 8,200,000                                                                                                                                          | 8,200,000                                                                                                                              | 8,200,000                 |
|                                                                           | Fully Diluted                                                                                                                           | 8,200,000                                                                                                                                          | 8,200,000                                                                                                                              | 8,200,000                 |
|                                                                 |                                                                                                                                         |                                                                                                                                                    |                                                                                                                                        |                           |
| The accompanying notes are an integral part of these financial statements |

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|                                                                           |                                           |                                                                                                                                        |                                                                                                                                        | *Exhibit “C”*                                                                                 |
|---------------------------------------------------------------------------|-------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------|
|                                                                 |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
| **GEORGIA INTERNATIONAL MINING CORPORATION**                              |
| (An Exploration Stage Company)                                            |
| **Statement of Changes in Cash Flows**                                    |
| **For the Year Ended December 31, 2006**                                  |
| (US Dollars)                                                              |
| **Audited**                                                               |
|                                                                 |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
|                                                                           |                                           | ** December 31,								2006**                                                                                                     | ** December 31,								2005**                                                                                                     | **Cumulative From								January 19, 2005								(Date of Inception)								To December 31,								2006** |
|                                                                           |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
| Operating activities:                                                     |                                           |                                                                                                                                        |                                                                                                                                        |
|                                                                           | Net (Loss), per Exhibit “B”   |  $         (19,754)                                                                       |             (24,112)                                                            |  $         (43,866)                                          |
|                                                                           | Net change in non-cash working capital    |               (4,045)                                                 |              10,327                                                        | 6,282                                                                                                     |
|                                                                           |                                           |                                                                                                                                        |
|                                                                 |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
|                                                                 |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
|                                                                           | Cash flows (used in) operating activities |             (23,799)                                                            |             (13,785)                                                            |             (37,584)                               |
|                                                                           |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
| Investing activity:                                                       |                                           |                                                                                                                                        |                                                                                                                                        |
|                                                                           | Purchase of mineral properties            |                      -   |             (35,000)                                                            |             (35,000)                               |
|                                                                           |                                           |                                                                                                                                        |
|                                                                           | Cash flows (used in) investing activities |                      -   |             (35,000)                                                            |             (35,000)                               |
|                                                                 |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
| Financing activities:                                                     |                                           |                                                                                                                                        |                                                                                                                                        |
|                                                                           | Loans from shareholders                   | 23,850                                                                                                                                 |              42,149                                                        |              65,999                           |
|                                                                           | Common Shares issued                      |                      -   |                8,200                                             | 8,200                                                                                                     |
|                                                                           |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
|                                                                           | Cash flows from financing activities      | 23,850                                                                                                                                 | 50,349                                                                                                                                 | 74,199                                                                                                    |
|                                                                           |                                           |                                                                                                                                        |
|                                                                 |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
| Net increase in cash                                                      | 51                                        | 1,564                                                                                                                                  | 1,615                                                                                                                                  |
|                                                                           |                                           |
| Cash, beginning of period                                                 | 1,564                                     |                      -   |                      -   |
|                                                                           |                                           |
| **Cash, end of period**                                                   | **$1,615**                                | **$1,564**                                                                                                                             | **$1,615**                                                                                                                             |
|                                                                           |                                           | ============                                                                                                                           | ============                                                                                                                           | ================                                                                                          |
|                                                            |                                           |                                                                                                                                        |                                                                                                                                        |                                                                                                           |
| The accompanying notes are an integral part of these financial statements |

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|                                                                           |                       |                             |                                                                                   | *“Exhibit D”* |
|---------------------------------------------------------------------------|-----------------------|-----------------------------|-----------------------------------------------------------------------------------|---------------------------|
|                                                                 |                       |                             |                                                                                   |                           |
| **GEORGIA INTERNATIONAL MINING CORPORATION**                              |
| (An Exploration Stage Company)                                            |
| **Statement of Stockholders’ Deficiency**                           |
| **From January 19, 2005 (date of inception) to December 31, 2006 **  |
| (US Dollars)                                                              |
| **Audited**                                                               |
|                                                                 |                       |                             |                                                                                   |                           |
|                                                                 |                       |                             |                                                                                   |                           |
|                                                                           | Common Stock     |                             |                                                                                   |
|                                                                           | Shares                | Amount                      | Deficit                                                                           | 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                                                                  |                  |                        | -24,112                                                                           | -24,112                   |
|                                                                           |
|                                                                 |                       |                             |                                                                              |                           |
| Balance at December 31, 2005                                              | 8,200,000             | 8,200                       | -24,112                                                                           | -15,912                   |
|                                                            |                       |                             |                                                                                   |                           |
| Net Loss – December 31, 2006                                         |                       |                             | -19,754                                                                           | -19,754                   |
|                                                                           |
|                                                                 |                       |                             |                                                                                   |                           |
| **Balance at December 31, 2006**                                          | **8,200,000**         | **8,200**                   | **-43,866**                                                                       | **-35,666**               |
| =====================================================================     |
|                                                                           |                       |                             |                                                                                   |                      |
|                                                                 |                       |                             |                                                                                   |                           |
| The accompanying notes are an integral part of these financial statements |                       |

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*Exhibit “E”*

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to the Audited Financial Statements					For the Year Ended December 31, 2006**

**1.     Organization and continuing operations**Georgia International Mining Corporation (“Georgia”) 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 has elected December 31 as its fiscal year end.				Georgia was organized for the purpose of conducting mining exploration, developing mining sites and producing minerals to the consumer markets.				Since its inception, Georgia has completed private placement offerings of 8,200,000 common shares for $8,200.				The financial statements have been prepared on the basis of going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. Georgia has not generated any revenues or completed exploration of any mineral property to date and losses are expected to be incurred in exploring its properties. The ability of Georgia to continue as a going concern is dependent on raising additional capital, the support of its shareholders and ultimately on generating future profitable operations.**2.     Summary of significant accounting policies**Basis of presentation				The financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. 				The preparation of financial statements in accordance with generally accepted accounting principles in the United States of America requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and the reported amounts of revenues and expenses during the reporting period.  Uncertainties with respect to such estimates and assumptions are inherent in the preparation of Georgia’s financial statements; accordingly, it is possible that the actual results could differ from these estimates and assumptions and could have a material effect on the reported amounts of Georgia’s financial position and results of operations.

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*Exhibit “E”*

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to the Audited Financial Statements					For the Year Ended December 31, 2006**

**2.     Summary of significant accounting policies (continued)**Basis of presentation (continued)				The financial statements have, in management’s opinion, been properly prepared within the reasonable limits of materiality and within the framework of the significant accounting policies summarized below:				Cash and Cash Equivalents -				Georgia considers all liquid investments, with an original maturity of three months or less when purchased, to be cash equivalents.				Fair Value of Financial Instruments -				The following disclosure of the estimated fair value of financial instruments is made in accordance with the requirements of SFAS No. 107 Disclosures about Fair Value of Financial Instruments. The estimated fair value amounts have been determined by Georgia, using available market information and appropriate valuation methodologies. The fair value of financial instruments classified as current assets or liabilities including cash approximate carrying value due to the short-term maturity of the instruments.				Income Taxes -				The Company utilized the asset and liability method of accounting for income taxes. Temporary differences represent differences in the recognition of assets and liabilities for tax and financial reporting purposes, primarily net operating losses carry-forward. As of December 31, 2006, respectively, the deferred tax asset is related solely to the Company’s net operating loss carry-forward and is fully reserved.**3.     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

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*Exhibit “E”*

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to the Audited Financial Statements					For the Year Ended December 31, 2006**

**3.     Mineral Property Interest (continued)**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. 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 starts its mining operations.				Although Georgia has taken steps to verify title to mineral properties in which it has an interest, according to the usual industry standards for the stage of exploration of such properties, these procedures do not guarantee Georgia’s title.  Such properties may be subject to prior agreements or transfers and title may be affected by undetected defects.**4.     Related Party Transactions**During the period ended December 31, 2006 the Company’s president and director loaned the Company $23,850 (December 31, 2005: $7,149) to finance working capital.  The loan does not bear any interest and no specific repayment date.				During the period ended December 31, 2005 the Company’s president and director paid $35,000 to Firstline Environmental Solutions on behalf of the Company to secure an option agreement to purchase three mining claims in the Cariboo District, British Columbia. The amount was recorded as shareholder loan, does not bear any interest, and has no repayment date.				All loans are recorded at face value and are expected to be paid during the 2006 fiscal year.  As such, these loans are recorded as current liabilities.				During the period ended December 31, 2005 Georgia entered into agreement with a company controlled by a former officer to provide consulting services. The contract value was $4,000 per year and was terminated in September 2006.   

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*Exhibit “E”*

**GEORGIA INTERNATIONAL MINING CORPORATION					(An Exploration Stage Company)					Notes to the Audited Financial Statements					For the Year Ended December 31, 2006**

**5.     Subsequent Event**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.				E G Gold Mines Inc. was incorporated in British Columbia, Canada on December 13, 2006 and is wholly owned by Georgia International Mining Corporation.

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**ITEM 8.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE**
**ITEM 8A. CONTROLS AND PROCEDURES**

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**ITEM 8B. OTHER INFORMATION**
**Part III**
**ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT**

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**Mark Hague, Chairman, Chief Executive Officer, President, Chief Financial Officer and Chief Accounting Officer **
**ITEM 10. EXECUTIVE COMPENSATION**
| Person       | Director’s Position | Stock Based Salary | Fees | Compensation | Total |
|--------------|---------------------------|--------------------|------|--------------|-------|
|    | 2005                      | 2006               | 2005 | 2006         | 2005  | 2006 | 2005 | 2006 |
| Mark Hague   | Chair, CEO, CFO, CAO      | 0                  | 0    | 0            | 0     | $0 | $0 | $0 | $0 |

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**ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS**
**ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS**
**ITEM 13. EXHIBITS**
**ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.**

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**SIGNATURES**
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