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**SECURITIES        AND EXCHANGE COMMISSION**

**Washington,        D.C. 20549**

**FORM        10-QSB**

|   | x | **Quarterly                    Report Pursuant to Section 13 or 15 (d) of the Securities Exchange                    Act of                    1934for the period ended December 31,                    2005** |
|--------|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  ̈ | **Transition                    report under Section 13 or 15(d) of the Exchange Act for the                    transition                    period                    from          to** |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Commission        file number:   000-30805**

**DUTCH        GOLD RESOURCES, INC.**

| **Nevada**                                | **84-1125214**                                        |
|-------------------------------------------|-------------------------------------------------------|
| (State                  of Incorporation) | (I.R.S.                  Employer Identification No.) |

**3500        Lenox Road, NE**

**(404)        419-2440**

| Class                                                     |   | Outstanding                  at December 31, 2005 |
|-----------------------------------------------------------|--------|---------------------------------------------------|
|                                                      |   |                                              |
| Common                  Stock, par value $0.001 per share |   | 13,109,000                                        |

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TABLE        OF CONTENTS

| PART                  I  | FINANCIAL                  INFORMATION                                    |   |
|--------------------------|---------------------------------------------------------------------------|--------|
| ITEM                  1. | FINANCIAL                  STATEMENTS                                     |   |
|                     | CONSOLIDATED                  BALANCE SHEET                               |   |
|                     | CONSOLIDATED                  STATEMENTS OF OPERATION                     |   |
|                     | CONSOLIDATED                  STATEMENTS OF CASH FLOWS                    |   |
|                     | NOTES                  TO CONSOLIDATED FINANCIAL STATEMENTS               |   |
| ITEM                  2. | MANAGEMENT’S                  DISCUSSION AND ANALYSIS OF RESULTS OF |   |
|                     | OPERATIONS                  AND FINANCIAL CONDITION                       |   |
|                     | FORWARD                  LOOKING STATEMENTS                               |   |
|                     | OVERVIEW                  AND RESULTS OF OPERATIONS                       |   |
|                     | TWELVE                  MONTH BUSINESS OUTLOOK                            |   |
|                     | OPERATING                  EXPENSES AND CAPITAL EXPENDITURES              |   |
|                     | SOURCE                  OF REVENUE                                        |   |
|                     | DISPOSITION                  OF ASSETS                                    |   |
|                     | OPERATING                  LOSSES                                         |   |
|                     | LIQUIDITY                  AND CAPITAL RESOURCES                          |   |
| ITEM                  3. | CONTROLS                  AND PROCEDURES                                  |   |
| PART                  II | OTHER                  INFORMATION                                        |   |
| ITEM                  1. | LEGAL                  PROCEEDINGS                                        |   |
| ITEM                  2. | CHANGES                  IN SECURITIES AND USE OF PROCEEDS                |   |
| ITEM                  3. | DEFAULTS                  UPON SENIOR SECURITIES                          |   |
| ITEM                  4. | SUBMISSION                  OF MATTERS TO A VOTE OF SECURITY HOLDERS      |   |
| ITEM                  5. | OTHER                  INFORMATION                                        |   |
| ITEM                  6. | EXHIBITS                  AND REPORTS ON FORM 8-K                         |   |

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**DUTCH        GOLD RESOURCES, INC.**

**(Formerly        Small Town Radio, Inc.)**

**CONSOLIDATED        BALANCE SHEET**

**AS        OF DECEMBER 31, 2005**

|                                                                                                                                        |   | December                  30, 2005 |       |
|---------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|------------|
| **Assets**                                                                                                                                  |   |                               |       |
| Current                  Assets                                                                                                             |   |                               |       |
| Cash                                                                                                                                        |   | $                                  | 1,036      |   |
|                                                                                                                                        |   |                               |       |   |
| Total                  current assets                                                                                                       |   |                               | 1,036      |   |
|                                                                                                                                        |   |                               |       |   |
| TOTAL                  ASSETS                                                                                                               |   | $                                  | 1,036      |   |
|                                                                                                                                        |   |                               |       |   |
| **Liabilities                  and Stockholders' Deficit**                                                                                  |   |                               |       |   |
| Current                  Liabilities                                                                                                        |   |                               |       |   |
| Notes                  payable-stockholders                                                                                                 |   | $                                  | 535,500    |   |
| Accounts                  payable                                                                                                           |   |                               | 616,817    |   |
| Accounts                  payable-related party                                                                                             |   |                               | 787,500    |   |
| Accrued                  interest                                                                                                           |   |                               | 180,635    |   |
| Accrued                  settlement costs                                                                                                   |   |                               | 260,000    |   |
| Loans                  from shareholders                                                                                                    |   |                               | 12,005     |   |
|                                                                                                                                        |   |                               |       |   |
| Total                  current liabilities                                                                                                  |   |                               | 2,392,457  |   |
|                                                                                                                                        |   |                               |       |   |
| Stockholders’                  Deficit                                                                                                |   |                               |       |   |
| Preferred                  stock, $.001 par value 100,000,000 authorized, no share issued                  and                  outstanding |   |                               | -          |   |
| Common                  stock, $.001 par value 100,000,000 authorized, 11,059,000 issued                  and                  outstanding  |   |                               | 13,109     |   |
| Additional                  paid-in-capital                                                                                                 |   |                               | 1,819,814  |   |
| Accumulated                  deficit                                                                                                        |   |                               | (4,224,344 | ) |
|                                                                                                                                        |   |                               |       |   |
| Total                  stockholders’ deficit                                                                                          |   |                               | (2,391,421 | ) |
|                                                                                                                                        |   |                               |       |   |
| TOTAL                  LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                |   | $                                  | 1,036      |   |

*See        notes to consolidated financial statements*

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**DUTCH        GOLD RESOURCES, INC.**

**(Formerly        Small Town Radio, Inc.)**

**CONSOLIDATED        STATEMENT OF OPERATIONS**

**FOR        THE THREE MONTHS ENDED DECEMBER 31, 2005 AND 2004**

|                                                        |   | Three                  Months Ended December 31, 2005 |       |   | Three                  Months Ended December 31, 2004 |   |
|-------------------------------------------------------------|--------|-------------------------------------------------------|------------|--------|-------------------------------------------------------|--------|
|                                                        |   |                                                  |       |   |                                                  |   |
| Net                  Sales                                  |   | $                                                     | -          |   |                                                  | $      | - |   |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Operational                  Expenses                       |   |                                                  | 60,553     |   |                                                  |   | 60,079 |   |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Operating                  loss                             |   |                                                  | (60,553    | )      |                                                  |   | (60,079 | ) |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Other                  income (expense)                     |   |                                                  |       |   |                                                  |   |   |   |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Interest1                                                   |   |                                                  | (4,387     | )      |                                                  |   | (4,922 | ) |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Income                  before income taxes                 |   |                                                  | (64,940    | )      |                                                  |   | (65,001 | ) |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Income                  tax provision                       |   |                                                  | -          |   |                                                  |   | - |   |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Net                  income (loss)                          |   |                                                  | (64,940    | )      |                                                  |   | (65,001 | ) |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Basic                  and fully diluted earnings per share |   | $                                                     | (0.00      | )      |                                                  | $      | (0.00 | ) |
|                                                        |   |                                                  |       |   |                                                  |   |   |   |
| Weighted                  average shares outstanding        |   |                                                  | 13,109,000 |   |                                                  |   | 13,109,000 |   |

*See        notes to consolidated financial statements*

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**DUTCH        GOLD RESOURCES, INC.**

**(Formerly        Small Town Radio, Inc.)**

**CONSOLIDATED        STATEMENT OF OPERATIONS**

**FOR        THE SIX MONTHS ENDED DECEMBER 31, 2005 AND 2004**

|                                                        |   | Six                  Months Ended December 31, 2005 |       |   | Six                  Months Ended December 31, 2004 |   |
|-------------------------------------------------------------|--------|-----------------------------------------------------|------------|--------|-----------------------------------------------------|--------|
|                                                        |   |                                                |       |   |                                                |   |
| Net                  Sales                                  |   | $                                                   | -          |   |                                                | $      | - |   |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Operational                  Expenses                       |   |                                                | 117,307    |   |                                                |   | 127,032 |   |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Operating                  loss                             |   |                                                | (117,307   | )      |                                                |   | (127,032 | ) |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Other                  income (expense)                     |   |                                                |       |   |                                                |   |   |   |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Interest                                                    |   |                                                | (8,774     | )      |                                                |   | (9,844 | ) |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Income                  before income taxes                 |   |                                                | (126,081   | )      |                                                |   | (136,876 | ) |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Income                  tax provision                       |   |                                                | -          |   |                                                |   | - |   |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Net                  income (loss)                          |   |                                                | (126,081   | )      |                                                |   | (136,876 | ) |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Basic                  and fully diluted earnings per share |   | $                                                   | (0.01      | )      |                                                | $      | (0.01 | ) |
|                                                        |   |                                                |       |   |                                                |   |   |   |
| Weighted                  average shares outstanding        |   |                                                | 13,109,000 |   |                                                |   | 13,109,000 |   |

*See        notes to consolidated financial statements*

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**DUTCH        GOLD RESOURCES, INC.**

**(Formerly        Small Town Radio, Inc.)**

**CONSOLIDATED        STATEMENT OF CASH FLOWS**

**FOR        THE SIX MONTHS ENDED DECEMBER 31, 2005 AND 2004**

|                                                                                    |   | Six                  Months Ended December 31, 2005 |     |   | Six                  Months Ended December 31, 2004 |   |
|-----------------------------------------------------------------------------------------|--------|-----------------------------------------------------|----------|--------|-----------------------------------------------------|--------|
|                                                                                    |   |                                                |     |   |                                                |   |
| Operating                  Activities                                                   |   |                                                |     |   |                                                |   |
|                                                                                    |   |                                                |     |   |                                                |   |
| Net                  income (loss)                                                      |   | $                                                   | (126,081 | )      |                                                | $      | (136,876 | ) |
| Adjustments                  to reconcile net loss to cash used by operating activities |   |                                                |     |   |                                                |   |   |   |
| Changes                  in assets and liabilities                                      |   |                                                |     |   |                                                |   |   |   |
| Accounts                  receivable                                                    |   |                                                | -        |   |                                                |   | - |   |
| Accounts                  payable                                                       |   |                                                | 600      |   |                                                |   | 280 |   |
| Accounts                  payable-related party                                         |   |                                                | 112,500  |   |                                                |   | 119,300 |   |
| Accrued                  interest                                                       |   |                                                | 8,774    |   |                                                |   | 9,844 |   |
| Accrued                  expenses                                                       |   |                                                | -        |   |                                                |   | - |   |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Net                  cash used by operating activities                                  |   |                                                | (4,207   | )      |                                                |   | (7,452 | ) |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Investing                  activities                                                   |   |                                                |     |   |                                                |   |   |   |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Note                  receivable lending                                                |   |                                                | -        |   |                                                |   | - |   |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Net                  cash used by investing activities                                  |   |                                                | -        |   |                                                |   | - |   |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Financing                  activities                                                   |   |                                                |     |   |                                                |   |   |   |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Notes                  payable payments                                                 |   |                                                | (10,000  | )      |                                                |   | 5,000 |   |
| Loans                  from shareholders                                                |   |                                                | 6,800    |   |                                                |   | - |   |
| Notes                  payable borrowings                                               |   |                                                | 8,000    |   |                                                |   | - |   |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Net                  cash provided by financing activities                              |   |                                                | 4,800    |   |                                                |   | 5,000 |   |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Net                  (decrease)increase in cash                                         |   |                                                | 593      |   |                                                |   | (2,452 | ) |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Cash,                  beginning of period                                              |   |                                                | 443      |   |                                                |   | 4,339 |   |
|                                                                                    |   |                                                |     |   |                                                |   |   |   |
| Cash,                  end of period                                                    |   | $                                                   | 1,036    |   |                                                | $      | 1,887 |   |

*See        notes to consolidated financial statements*

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**DUTCH        GOLD RESOURCES, INC. (formerly SMALL TOWN RADIO, INC.)**

**NOTES        TO CONSOLIDATED FINANCIAL STATEMENTS**

**NOTE 1—NATURE        OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING        POLICIES**

**NATURE        OF OPERATIONS**

**PRINCIPLES        OF CONSOLIDATION**

**ORGANIZATIONAL        AND START-UP EXPENSES**

**EARNINGS        PER SHARE**

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**USE        OF ESTIMATES**

**REVENUE        RECOGNITION**

**INCOME        TAX**

**FINANCIAL        INSTRUMENTS**

**FISCAL        YEAR**

**STOCK        BASED COMPENSATION**

**NOTE 2—FINANCIAL        CONDITION AND GOING CONCERN**

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**Item        2  Management’s Discussion and Analysis of Results of Operations and        Financial Condition**

**Forward        Looking Statements**

**Overview        and Results of Operations**

**Twelve        Month Business Outlook**

**Operating        Expenses and Capital Expenditures**

*Operating        Expenses*

**Source        of Revenue**

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**Operating        Losses**

**Liquidity        and Capital Resources**

**ITEM        3.  Controls and Procedures**

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**PART        II — OTHER INFORMATION**

| **Item                  1.** | **Legal                  Proceedings** |
|------------------------------|----------------------------------------|

| **Item                  2.** | **Changes                  in Securities and Use of                  Proceeds** |
|------------------------------|---------------------------------------------------------------------------------|

| **Item                  3.** | **Defaults                  Upon Senior Securities** |
|------------------------------|------------------------------------------------------|

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

| **Item                  5.** | **Other                  Information** |
|------------------------------|----------------------------------------|

| **Item                  6.** | **Exhibits                  and Reports on Form 8-K** |
|------------------------------|-------------------------------------------------------|

*Exhibits*

31.1

32.1

*Reports        on Form 8-K*

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**SIGNATURES**

| DUTCH                  GOLD RESOURCES, INC. |                                                       |
|---------------------------------------------|------------------------------------------------------------|
|                                        |                                                       |
| By:                                         | /s/Daniel                  W. Hollis                       |   |
|                                        | Daniel                  W. Hollis, Chief Executive Officer |   |
|                                        |                                                       |
| By:                                         | /s/Daniel                  W. Hollis                       |   |
|                                        | Daniel                  W. Hollis, Chief Financial Officer |   |
|                                        |                                                       |
| Date:                  November 19, 2007    |                                                       |

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