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

                                FORM 10-KSB


     (X) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                          EXCHANGE ACT OF 1934
               For the fiscal year ended December 31, 2003

     ( ) TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES
                 EXCHANGE ACT OF 1934 (NO FEE REQUIRED)

     For the transition period from  ___________ to ___________

                    Commission File Number:  000-33167
                                             ---------

                       TINTIC GOLD MINING COMPANY
                       --------------------------
     (Exact name of small business issuer as specified in its charter)

               UTAH                                87-0448400
               ----                                ----------
    (State or other jurisdiction of incorporation)    (I.R.S. EMPLOYER ID NO.)

            3131 Teton Drive
            Salt Lake City, Utah                        84109
            --------------------                        -----
  (Address of principal executive offices)           (Zip Code)

                             (801) 467-2021
                              -------------
               (Issuer's telephone number, including area code)

Securities registered under Section 12(b) of the Exchange Act: None.
Securities registered under Section 12(g) of the Exchange Act:
Common Capital Voting Stock, $0.001 par value per share

                       (Title of Class)

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act 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.

(1) Yes [X] No [ ] (2) Yes [X] No [ ]

Check if there is no disclosure of delinquent filers in response to Item 405
of Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of the issuer'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. [ ]
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State issuer's revenues for its most recent fiscal year: $0.00

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

On January 31, 2002, the Registrant's common stock became eligible for trading
on the OTC Bulletin Board.  During the 2003 year, there was no "established
trading market" for our securities. As of the close of business on December
31, 2003, the Registrant's fiscal year-end, the aggregate market value of the
243,375 shares of common voting stock held by non-affiliates was approximately
$24,337.50, based upon a $0.10 per share valuation of the Registrant's
securities by the Board of Directors. On the date of this Annual Report, the
aggregate market value of the same 243,375 shares of common voting stock held
by non-affiliates remained valued by the Board of Directors at approximately
$0.10 per share.

Effective February 3, 2003, the Board of Directors of the Registrant voted to
reverse split the Registrant's outstanding common stock on a basis of one for
10.  This resulted in a total of 952,567 shares issued and outstanding, a
figure that includes 80,556 shares that are to be registered on an S-8
registration statement.  Such 80,556 shares have been shown on the
Registrant's reports as issued and outstanding for some time, even though the
appropriate registration statement necessary to physically issue these shares
to their owners has not been filed.  This total figure of 952,567 shares takes
into account rounding up of fractional shares to the nearest whole share and
the effect of the exercise of certain options granted to members of management
pursuant to the Registrant's 2003 Stock Option/Stock Issuance Plan that were
exercised effective February 3, 2003. All computations herein take into
account the February 3, 2003 reverse split.

Effective December 31, 2003, the Board of Directors authorized the issuance of
an additional of 57,076 shares to the Registrant's chairman of the board and
chief executive officer and its legal counsel for services rendered during the
latter half of 2003.  These shares shall be issued as "restricted securities."
This results in a total of 1,009,643 common capital shares issued and
outstanding as of December 31, 2003.

     (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

Not applicable.

               (APPLICABLE ONLY TO CORPORATE REGISTRANTS)

State the number of shares outstanding of each of the Registrant's classes of
common equity, as of the last practicable date:

February 6, 2004: 1,009,643 shares.

Transitional Small Business Disclosure Format: Yes [  ]; No [X ].
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                     NOTICE AND DISCLAIMER REGARDING
                       FORWARD-LOOKING STATEMENTS

Certain matters discussed herein may be forward-looking statements that
involve significant risks and uncertainties. These could include, for example,
any of the following: the timely development of existing or future properties,
reserves and projects; the impact of metals prices and metal production
volatility; changing market conditions; changes in the regulatory environment;
and other material risks that are or will be described from time to time in
the Registrant's filings with the Securities and Exchange Commission
("Commission"). In this regard, reference is made to Exhibit 99 attached to
and incorporated by reference into the Registrant's September 19, 2001, Form
10-SB on file with the Commission, an exhibit titled "Risk Factors" and which
lists and describes a several risk factors that the Registrant believes are
material to a person investing or considering investing in the Registrant.

In light of the significant risk factors involved with or facing the
Registrant, actual results may differ materially or considerably from those
projected, implied or suggested. As a result, any forward-looking statements
expressed herein are deemed to represent the Registrant's judgment as of the
date of this filing. The Registrant does NOT express any intent or obligation
to update any forward-looking statement because it is unable to give any
assurances regarding the likelihood that, or extent to which, any event
discussed in any such forward-looking statement may or may not occur or
otherwise bear materially upon the Registrant's future business, developments
or plans, or its financial condition and results of operations.
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                       TABLE OF CONTENTS
                                                                        PAGE

          Risk Factors . . . . . . . . . . . . . . . . . . . . . . . . . .5

                               PART I

ITEM 1.   Description of Business. . . . . . . . . . . . . . . . . . . . 10

ITEM 2.   Description of Property. . . . . . . . . . . . . . . . . . . . 17

ITEM 3.   Legal Proceedings. . . . . . . . . . . . . . . . . . . . . . . 22

ITEM 4.   Submission of Matters to a Vote of Security Holders . . . . . .23

                              PART II

ITEM 5.   Market for Common Equity and Related Stockholder Matters. . . .23

ITEM 6.   Management's Discussion and Analysis or Plan of Operation. . . 25

ITEM 7.   Financial Statements. . . . . . . . . . . . . . . . . . . . . .26

ITEM 8.   Changes In and Disagreements With Accountants on Accounting
          and Financial Disclosure. . . . . . . . . . . . . . . . . . . .27

                                   PART III

ITEM 9.   Directors, Executive Officers, Promoters and Control Persons;
          Compliance With Section 16(a) of the Exchange Act. . . . . . . 27

ITEM 10   Executive Compensation. . . . . . . . . . . . . . . . . . . . .29

ITEM 11.  Security Ownership of Certain Beneficial Owners and Management.30

ITEM 12.  Certain Relationships and Related Transactions. . . . . . . . .32

ITEM 13.  Exhibits and Reports on Form 8-K . . . . . . . . . . . . . . . 33

ITEM 14.  Controls and Procedures . . . . . . . . . . . . . . . . . . . .33

Signatures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

Sarbanes-Oxley Section 302 Certifications . . . . . . . . . . . . . . . .35

Sarbanes-Oxley Section 906 Certification . . . . . . . . . . . . . . . . 37
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The Registrant, Tintic Gold Mining Company, a Utah corporation, includes
herein references to the "Company," "Tintic Gold," "Issuer," "we," "our" and
"us" and words of similar import.

                         RISK FACTORS

Investment in Tintic Gold's securities should be considered highly
speculative. The Company has no recent operating history and is subject to all
of the risks inherent in developing a business enterprise. Reference is again
made to Exhibit 99 to the Company's Form 10-SB filed on September 19, 2001.
Such exhibit contains an extensive though non-exhaustive list of possible risk
factors facing both the Company and any person either investing or interested
in investing in or with the Company.

We need additional capital and during the fiscal year, we had no revenues.  As
of the date of this Annual Report, our officers and directors and an
affiliated person have advanced us nearly $5,000 in cash in order to pay
legal, accounting and Edgarizing costs and fees.  These and other non-arms
length transactions with related parties may occur in the future that may
involve conflicts of interest. Furthermore, it should be carefully noted that
Tintic Gold does NOT anticipate paying any dividends on its common stock.

In brief, our securities involve a high degree of risk. The reader is
cautioned, therefore, to carefully read this Annual Report for our fiscal year
ended December 31, 2003 in its entirety and to seriously consider all of the
factors and financial data that are herein disclosed. In addition, an investor
or potential investor is encouraged to review the various risk factors
disclosed in our Form 10-SB and 10-SB/A registration statements. The following
constitutes an effort to itemize significant risk factors involving us and our
business:

1. RELATIVELY RECENT STATUS AS A NON-REPORTING, NON-TRADED PUBLIC COMPANY.
Between the 1960's and January 2002, no trading market existed for Tintic
Gold's common stock, other than for brief periods in the "pink sheets." As a
result, the public is not familiar with us, our mining properties or business
plan. Tintic Gold obligated itself as a fully reporting company with its
submission of a Form 10SB/12G on September 19, 2001, Commission File Number:
000-33167; CIK No. 0001159275. An amendment to this Form 10-SB was filed on
November 16, 2001. This Form 10-SB registration statement became effective on
November 19, 2001.  On January 31, 2002, the Registrant's common stock became
eligible for trading on the OTC Bulletin Board.

The uncertainty that our mining exploration business will be successful or
that a trading market for our securities will develop must be considered in
light of the potential difficulties, complications, problems, expenses and/or
delays frequently encountered in connection with any new business, not to
mention a mining exploration business, a business involving a great deal of
expense and regulation on the part of both state and federal government.
These same factors may be compounded by even greater risks, particularly those
characteristic of a speculative industry like mining exploration, and may be
adversely affected by the competition in the industry, not to mention the
strict regulatory environment in which Tintic Gold operates and will operate.

2. EXPLORATION STAGE COMPANY.  Mineral exploration (particularly gold and
silver), is highly speculative in nature, is frequently nonproductive, and
involves many risks, often greater than those involved in the actual
development or mining of mineralization.
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Such risks may be considerable and may add unexpected expenditures or delays
in the Company's plans. There can be no assurance that Tintic Gold's mineral
exploration activities, if and when undertaken, will be successful or
profitable. Even if mineralization is discovered, it may take considerable
time and further expense to determine if that mineralization would have
commercial value. Further, once a development plan were initiated to determine
the commercial content of any mineralization discovered, it may take a number
of years from the initial phase of development drilling until production is
possible, during which time the economic feasibility of the entire effort may
change.

There can be no assurance that a determination of economic feasibility will
apply over time because such a determination would be based partly on
assumptions and factors that are subject to fluctuation and uncertainty, such
as, for example, metals prices, production costs, and the actual quantity and
grade of ore discovered on and within our mining properties.

3. LACK OF SUFFICIENT CAPITAL TO CONTINUE INDEFINITELY AS A REPORTING COMPANY.
Tintic Gold's management has reactivated the Company and has voluntarily
registered its common stock with the Commission to give its current
shareholders liquidity and to otherwise make Tintic Gold more attractive to
potential investors, including venture capitalists. Management also believes
that being a reporting company under the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), could provide a prospective merger or
acquisition candidate with additional and more comprehensive information
concerning us. In addition, management believes that "reporting" status might
also make us more attractive to an operating business opportunity as a
potential business combination candidate.

The cost of becoming a reporting company has been fairly substantial and the
cost of continuing to file all necessary reports with the Commission and
obtain the necessary accountings will continue to drain what capital reserves
we might have. As of December 31, 2003, the Issuer had limited cash on hand
and based on management's willingness to advance the funds necessary to
maintain the Company's reporting obligations, management believes that the
Company will be able to maintain its reporting obligation for at least the
next 18 months.

We can provide no assurance that we will obtain future capital, or if so, that
the amount raised or obtained will be sufficient to continue to establish us
as a going concern.

4. ACCUMULATED NET LOSS; NOMINAL WORKING CAPITAL. Tintic Gold has NOT
commenced significant business operations. We remain in the exploration stage,
but have not yet engaged in any exploration activities on our properties.
Accumulated deficits and the potential for future deficits in working capital
are losses that are expected to continue into the foreseeable future because
our operations are subject to numerous risks and uncertainties associated with
a mining exploration company, which has not yet reached planned operations.

5. LACK OF REVENUE. Tintic Gold needs additional capital because currently, it
has no revenues and no sources of income. What revenues it has had were from
interest income on cash balances in its money market account, cash balances
that were expended in the beginning of the fiscal year pursuing the failed Zer
Communications transaction discussed elsewhere herein and in previous EDGAR
filings. Substantial expenditures are required to explore for ore reserves
through drilling and to determine metallurgical processes to extract the
mineralization from any ore, once discovered. Tintic Gold has not reached any
of these stages.
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We lack any flow of revenue. Currently, Tintic Gold does NOT have royalty
interests in any mining production or properties. There is no assurance that
we will obtain any such royalty interests, or that if so, we will receive any
royalty payments, or that we will otherwise receive adequate funding to be
able to finance our desired exploration activities.

While Tintic Gold intends to seek revenue sources on an on-going basis, there
can be no assurance that such sources can be found, or that if available, that
the terms of such financing will be commercially acceptable. This lack of
consistent revenue detrimentally affects our plans and progress simply because
we need additional capital to fund any exploration operations and to acquire
additional mineral properties, if otherwise warranted or possible.

6. REGULATORY AND ENVIRONMENTAL CONCERNS. Environmental and other government
regulations at the federal, state and local level pertaining to the Company's
business and properties may include: (a) surface impact; (b) water
acquisition; (c) site access; (d) reclamation; (e) wildlife preservation; (f)
licenses and permits; and (g) maintaining the environment. See Item 2 of this
Part I below titled "Description of Properties" which discusses risk factors
relative to the ownership and exploration of our properties.

7. RETENTION AND ATTRACTION OF KEY PERSONNEL. In addition to funding, Tintic
Gold's success will depend, in large part, on our ability to retain and
attract highly qualified personnel, and to provide them with competitive
compensation arrangements, equity participation and other benefits. There is
no assurance that, if need be, we will be successful in retaining or
attracting highly qualified individuals in key management positions.

8. RELIANCE UPON DIRECTORS AND OFFICERS. At present, Tintic Gold is wholly
dependent upon the personal efforts and abilities of its officers and
directors, persons who exercise control over our day-to-day affairs. There can
be no assurance that we will succeed in its various plans and endeavors, nor
that our proposed operations will eventually prove to be profitable.

9. INDEMNIFICATION OF OFFICERS AND DIRECTORS. Tintic Gold's Articles of
Incorporation and Bylaws authorize us to indemnify any director, officer,
agent and/or employee against certain liabilities. Further, we may purchase
and maintain insurance on behalf of any such persons whether or not we would
have the power to indemnify such person against the liability insured against.
Indemnifying and/or insuring officers and directors from the increasing
liabilities and risks to which such individuals are exposed as a result of
their corporate acts and omissions could result in substantial expenditures by
an issuer, while preventing or barring any recovery from such individuals for
the possible losses incurred by the Issuer as a result of their actions. At
the same time, the Commission, including state regulatory authorities, take
the position that indemnification against securities violations is against
public policy as expressed in the 1933 Act, as amended, and, therefore, any
such indemnification is unenforceable with respect to any claim, issue,
question, or matter of liability touched upon by anything within the purview
of the federal securities laws and regulations. We have no plans or other
ability at this time to obtain any officer or director (D&O) liability
insurance. See heading in Item 9 of Part III below titled "Director and
Officer Liability Limitation."
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10. NO DIVIDENDS. Holders of our common stock are entitled to receive
dividends when, as and if declared by the Board of Directors out of funds
legally available for that purpose. To date, Tintic Gold has NOT paid any cash
dividends. The Board does NOT intend to declare any dividends in the
foreseeable future, but instead intends to retain all earnings, if any, for
use in our business operations. Even if the Board desired to declare any
dividends, our ability to do so would very likely be restricted because we are
seeking, or will be seeking, outside financing and financing covenants tend to
prohibit such declarations.

11. PREEMPTIVE RIGHTS, CUMULATIVE VOTING AND CONTROL. In accordance with our
Second Restated and Amended Articles of Incorporation that we filed with the
Utah Division of Corporations on August 25, 2003, and also, under the laws of
Utah, there are no preemptive rights in connection with Tintic Gold's common
stock. There can be no assurance that Tintic Gold shareholders might not be
further diluted in their percentage ownership of our common stock in the event
that additional shares are issued in the future. Moreover, cumulative voting
in electing directors is NOT provided for. Accordingly, the holder(s) of a
majority of our outstanding shares, present in person or by proxy, will be
able to elect all of our Directors. See "Description of Securities" heading at
the end of Item 1, Part I below.

12. MARKET FOR COMMON STOCK. On January 30, 2002, we became eligible for
listing on the OTC Bulletin Board ("OTCBB") administered by the National
Association of Securities Dealers, Inc. ("NASD"). The present trading symbol
assigned to its common capital stock is "TTGM.OB." Since that date, and during
fiscal 2002, a limited or sporadic and low volume trading market has existed
for our common capital stock. However, this did not occur during 2003 during
which no trades occurred in our stock.  Because the market price for shares of
our common stock was volatile and otherwise traded, during 2002, at a large
spread between the bid and asked prices, we anticipate that this may possibly
occur in the future.  To the knowledge of management, the last trade in our
stock occurred in early December 2002 and it involved 200 shares at what now,
after the Feb. 3, 2003, reverse split, amounts to $4.00 per share. No other
trades have occurred at $4.00 per share and no trades have occurred since
December 2002. Management is therefore not presently aware of what the current
market is for our stock, if anything.

Stock markets generally experience extreme price and volume fluctuations that
can, and do, greatly affect the stock trading of "small capital" companies
such as Tintic Gold. These fluctuations often are unrelated to the operating
performance of the company itself. Further, factors such as changes in
economic and political conditions may adversely affect the market price of our
common stock. Reference is made to Part II, Item 1 of Issuer's Form 10-SB
registration statement, pp. 30-31 thereof, titled "Market Price of and
Dividends on Registrant's Common Equity and Other Shareholder Matters."

13. RISKS OF PENNY STOCKS. Our common stock is considered to be a "penny
stock" because it meets one or more of the definitions in Commission Rules
15g-2 through 15g-6, Rules made effective on July 15, 1992. These include but
are not limited to the following: (i) the stock trades at a price less than
five dollars ($5.00) per share; (ii) it is NOT traded on a "recognized"
national exchange; (iii) it is NOT quoted on the NASD's automated quotation
system (NASDAQ), or even if so, has a price less than five dollars ($5.00) per
share; OR (iv) is issued by a company with net tangible assets less than
$2,000,000, if in business more than three years continuously, or $5,000,000,
if in business less than a continuous three years, or with average revenues of
less than $6,000,000 for the past three years. The principal result or effect
of being designated a "penny stock" is that securities broker-dealers cannot
recommend the stock but must trade in it on an unsolicited basis. See
paragraph 14 immediately below.
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14. BROKER-DEALER REQUIREMENTS MAY AFFECT TRADING AND LIQUIDITY. Section 15(g)
of the Securities Exchange Act of 1934, as amended, and Rule 15g-2 promulgated
thereunder by the Commission require broker-dealers dealing in penny stocks to
provide potential investors with a document disclosing the risks of penny
stocks and to obtain a manually signed and dated written receipt of the
document before effecting any transaction in a penny stock for the investor's
account.

Potential investors in the Company's common stock are urged to obtain and read
such disclosure carefully before purchasing any shares that are deemed to be
"penny stock." Moreover, Commission Rule 15g-9 requires broker-dealers in
penny stocks to approve the account of any investor for transactions in such
stocks before selling any penny stock to that investor. This procedure
requires the broker-dealer to (i) obtain from the investor information
concerning his or her financial situation, investment experience and
investment objectives; (ii) reasonably determine, based on that information,
that transactions in penny stocks are suitable for the investor and that the
investor has sufficient knowledge and experience as to be reasonably capable
of evaluating the risks of penny stock transactions; (iii) provide the
investor with a written statement setting forth the basis on which the broker-
dealer made the determination in (ii) above; and (iv) receive a signed and
dated copy of such statement from the investor, confirming that it accurately
reflects the investor's financial situation, investment experience and
investment objectives. Compliance with these requirements may make it more
difficult for investors in the Company's common stock to resell their shares
to third parties or to otherwise dispose of them in the market or otherwise.

15. PUBLIC, NON-AFFILIATE SHAREHOLDERS WILL SUFFER THE GREATEST LOSSES IF THE
COMPANY IS UNSUCCESSFUL. If our future exploratory plans end up being
successful, present shareholders who are not affiliates of us would realize
benefits from Tintic Gold's growth. However, if our future prospective
operations are unsuccessful, persons who purchase our securities in the market
or by means of a subsequent public or private offering likely will sustain a
severe or principal loss of their investment.

16. POTENTIAL FUTURE STOCK ISSUANCES; DILUTION. It is not now known, nor might
it ever be known, what other stock issuances we might find advisable or
otherwise be required to undertake in the future, issuances that would
substantially dilute existing shareholders. See headings titled "Business of
Issuer and Risks Associated Therewith," "Sources of Business Opportunities and
Risks Associated Therewith," "Evaluation and Risks Associated Therewith," and
"Form of Potential Acquisition, Merger or Reorganization and Risks Associated
Therewith," all on pp. 10-13 of Part I, Item I of the Company's Form 10-SB
registration statement titled "Description of Business"; see also Part I, Item
2 of our Form 10-SB titled "Management's Discussion and Analysis or Plan of
Operation," pp. 16-22 thereof, the contents of which are incorporated herein
by reference.

The potential impact or significance of any future stock issuance of
"restricted" shares is as follows: under Rule 144 a person (or persons whose
shares are aggregated) who has satisfied a one (1) year holding period, may
sell within any three month period, an amount of shares which does not exceed
the greater of one percent (1%) of the then outstanding shares of common
stock, or the average weekly trading volume during the four calendar weeks
prior to such sale. Rule 144 also permits the sale of shares, under certain
circumstances, without any quantity limitation, by persons who are not
affiliates of the Issuer and who have beneficially owned the shares for a
minimum period of two (2) years. Hence, the possible sale of the restricted
shares issued and outstanding may, in the future, dilute the percentage of
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free-trading shares held by a shareholder or subsequent purchaser of our
securities in the market, and may have a depressive effect on the price of an
issuer's securities. Further, such sales, if substantial, might also adversely
affect an issuer's ability to raise additional equity capital in the future.

In addition to the foregoing, a secondary public offering and consequent
public issuance of additional securities as a result thereof, would also have
a dilutive effect on the holdings of existing shareholders and would
otherwise, more than likely, have a depressive effect on the market price of
an issuer's common stock. At this time, we have NO plans to engage in any
public offering of our securities.

17. COMPETITIVE CONDITIONS IN THE INDUSTRY. Mining exploration companies
compete to obtain favorable mining properties and to evaluate exploration
prospects. Tintic Gold faces competition from certain other similarly situated
junior mining companies in connection with the acquisition of properties
capable of exploration. This includes numerous other mining companies either
operating or who own properties within the Tintic Mining District of Juab
County, Utah.

At the same time, however, we are unable to ascertain the exact number of
competitor mining exploration companies, or whether or when any such
competitors' competitive positions could improve. Thus, Tintic Gold may be
unable to acquire or develop attractive mining properties or investors on
terms acceptable to management. Accordingly, there can be no assurance that
such competition, although customary in the mining industry, will not result
in delays, increased costs, or other types of adverse consequences affecting
Tintic Gold. See heading titled "Competition" in Part I, Item 1 of the
Company's 10-SB registration statement titled "Description of Business," pp.
9-10 thereof.

18. MANAGEMENT'S RELATIVE LACK OF EXPERIENCE IN AND/OR WITH MINING. No one
currently serving as an officer or director of us is or has ever been employed
with a mining company; furthermore, none has ever been employed in or with the
mining industry in general. Also, no director or officer has an education or
college or university degree in mining or geology or a field related directly
to mining. Such persons therefore lack relative experience in or with mining,
including the mining of precious metals. See  Item 9 of Part III below titled
"Directors, Executive Officers, etc."
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                            PART I

ITEM 1.   DESCRIPTION OF BUSINESS

                     Business Development.

BACKGROUND. TINTIC GOLD MINING COMPANY (the "Issuer" or "Company" or "Tintic
Gold"), incorporated on June 14, 1933, is a U.S. mineral resource and
exploration company chartered, since its inception, as a Utah corporation. We
are classified under Industry Guide No. 7 as an exploration stage company.
Since we reorganized ourselves in 2001, we have not yet commenced or engaged
in any mining exploration activities and due to lack of funding, have not yet
reached or achieved planned operations.

Tintic Gold's patented mining claims are located within the historic Tintic
Mining District (organized on December 13, 1869) in Juab County, Utah. These
properties were part of a once-thriving mining district with worldwide
acclaim. In 1979, the Tintic Mining District was listed in the National
Register of Historic Places.

Tintic Gold is authorized to conduct business in Utah and has conducted
business in Utah since 1933. We have also owned our existing patented mining
claims since 1933, properties that we acquired from the Emerald Mining
Company. These properties are owned free and clear of any lien or encumbrance
other than the fact that a prior director from over 20 years ago, Mr. C. Chase
Hoffman, owns the surface rights and otherwise retains a 3% net smelter return
interest on any mineral production, if any ever occurs. For more information
regarding our history, reference is made to its Form 10-SB filed on EDGAR on
September 19, 2001, a document detailing our history and which further
attaches two geological reports relative to our patented mining claims.

Tintic Gold has not been involved in any bankruptcy, receivership or similar
proceeding; and, other than in the ordinary course of business, there has been
no material reclassification, consolidation, merger, or purchase or sale of
any significant amount of assets. None of our officers and directors or
majority shareholders has been involved, directly or indirectly, in any
bankruptcy or insolvency proceeding and none is involved in any litigation
that would have any direct or indirect impact or bearing on us or our
business.

EXECUTIVE OFFICES. Our executive or principal offices are located at 3131
Teton Drive, Salt Lake City, Utah.

SUBSIDIARIES AND RELATED COMPANIES. As of December 31, 2003, Tintic Gold did
NOT have any subsidiaries or related companies or entities. None of its
officers or directors currently serve on the board or otherwise act as
officers of any other company, partnership or limited liability company
engaged in mining or involved in the mining business.

TRADING AND REPORTING HISTORY. Tintic Gold's common stock may have been, at
one time, listed on the Intermountain Stock Exchange but, if so, management
believes that would have been prior to 1955. During the 1960's and early
1980's it was listed for trading in the so-called "pink sheets." Between the
early to mid-1980's and January 29, 2002, the Company was not listed in the
"pink sheets" nor was it listed on any exchange or any electronic inter-dealer
quotation medium or system of any kind. On January 30, 2002, after having
filed a Form 10-SB registration statement with the Commission on September 19,
2001, and a Form 10-SB/A on November 16, 2001, the Company received notice
from the National Association of Securities Dealers, Inc. ("NASD"), that its
submission, through a Salt Lake City-based securities broker-dealer, would be
accepted and that it would be listed on the Over-the-Counter Bulletin Board
(OTCBB). Accordingly, since January 30, 2002, we have been listed on the OTCBB
and we trade under the symbol TTGM.OB. During the 2003 fiscal year there was
no trading activity in our stock. In early to mid-2002, a few trades in our
stock occurred at between $1.00 and $2.50. To the knowledge
                              11
<PAGE>
of management, an isolated trade occurred in our stock in early December 2002
and it involved 200 shares at four dollars ($4.00) per share. No other trades
have occurred at $4.00 per share and no trades have occurred since.
Management is therefore not presently aware of what the current market is for
our stock, if anything.

JOINT VENTURES. We have neither entered into, nor participate in, any joint
venture arrangements nor do we have any plans to engage in any joint venture
with any person or party.

RECENT CHANGES OR INCREASES IN OWNERSHIP. In consideration for services
rendered to us during the 2003 fiscal year, our chairman of the board and
chief executive officer and our corporate counsel have been authorized, as of
December 31, 2003, to receive a total of 57,076 "restricted" shares of our
stock.  In addition, a total of 80,556 shares of stock that were to have been
registered on Form S-8, have been deemed by our Board of Directors to be
issued pursuant to our 2003 Stock Option/Stock Issuance Plan, a copy of which
was attached to last year's Annual Report.  While these shares showed as
issued and outstanding on last year's Annual Report, they had not been
physically issued because an S-8 registration statement had not been filed by
us until recently.  These latter 80,556 shares were issued to officers,
directors, counsel, and a consultant for services rendered towards our effort,
earlier in the year, to complete an acquisition transaction with Zer
Communications, Ltd., a transaction that was terminated last April. See
subsections below titled "CURRENT DEVELOPMENTS" and "ADOPTION OF 2002 and 2003
STOCK OPTION/STOCK ISSUANCE PLANS." See also Item 7 of Part II below, which
include the Company's financial statements for the year ended December 31,
2003 and Item 11 of Part III below titled "Security Ownership of Certain
Beneficial Owners and Management."

PATENTS, TRADEMARKS, LICENSES, FRANCHISES. We do NOT own any patents,
trademarks, licenses, franchises, or concessions, except for patented mining
claims granted by the government to private landowners.

LONG-TERM GOAL AND OBJECTIVES. Tintic Gold's long-term business goal is
focused on advancing the exploration of the mining properties it owns. Our
intermediate objectives for funding and advancing this goal have been two-
fold: First, we have sought to re-establish ourselves as an active business
operation.  Accomplishing this preliminary goal has in part been met in that
we are now a fully "reporting company" and have obtained audited financial
statements. To accomplish the second of these objectives, we have sought, and
continue to seek, to obtain capital funds, preferably from equity investment
sources, if possible, but also by participation in joint business
arrangements.

We have been focused on accomplishing the first of these intermediate
objectives. Having completed that objective, we are now better able to more
specifically determine the necessary short-term plans and strategies best
suited to accomplishing the second of our intermediate objectives. This will
require raising money and obtaining strategic alliances or partnerships with
others having greater capital resources. Reference is made to our Form 10-SB
registration statement filed with the Commission on September 19, 2001, a
document that further explains our plans and objectives in greater detail.
                              12
<PAGE>
BUSINESS PLAN. Management has continued to develop its business plan, and if
justified, to resume mineral exploration and promotion of our mineral
properties. To finance these activities, we may seek to receive funding
through a joint venture of some kind or some other form of business
arrangement with a larger and better-capitalized mining company.

We have the power and authority to entertain and negotiate with potential
merger candidates who are NOT engaged in the business of mineral exploration
and/or mining. Management believes that the Company has the flexibility to
negotiate a merger or acquisition transaction with any type of business or
entity, provided that consummation of a transaction is ultimately in the best
interests of the Company and its stockholders.

In the event that we do successfully acquire or merge with an operating
business opportunity, it is likely that our present shareholders will
experience substantial dilution and there is the further possibility of a
change in control of the Company.

Any target acquisition or merger candidate of the Company will become subject
to the same reporting requirements as we have upon consummation of any such
business combination. Thus, in the event that we successfully complete an
acquisition or merger with another operating business, the resulting combined
business must provide audited financial statements for at least the two most
recent fiscal years or, in the event that the combined operating business has
been in business less than two years, audited financial statements will be
required from the period of inception of the target acquisition or merger
candidate. This type of information might not be readily available to some
types of business ventures, or otherwise too expensive and time consuming,
thereby rendering the possibility of a merger or other acquisition transaction
with such an entity unlikely.

Depending upon future events and our ability to attract exploration capital or
funding, we will not be able to explore our properties on our own. At the same
time, however, we do NOT, in any event, foresee or otherwise contemplate
expanding our mining exploration plans or activities outside the State of
Utah, let alone the United States of America.

CURRENT DEVELOPMENTS. Tintic Gold is a mining exploration stage company. While
it is an active Utah corporation in good standing with the State of Utah, the
Company has not reached planned operations. During April 2003, the Company
terminated a potential reorganization or acquisition transaction with an
Israeli-based company called Zer Communications, Ltd. ("Zer"), a company
engaged in the voice mail technology business. It was the negotiations and
work focused on closing this transaction, a transaction that failed, that
generated the substantial services rendered by officers, directors,
consultants and counsel during both 2002 and 2003.

SEASONABILITY. Tintic Gold's business is not seasonal in nature except to the
extent that weather conditions at certain times of the year may affect access
to its property.

NUMBER OF EMPLOYEES. At present, Tintic Gold does NOT have any employees.
Should it succeed in obtaining sufficient working capital, we may contract for
the services of 1 or 2 part-time employees, and we may also enter into
contractual arrangements with 1 or more consultants. Tintic Gold may or may
not contract with additional employees or consultants from time to time,
depending upon the circumstances of its operations and whether such a course
of conduct is warranted. Any consultants retained by us shall be considered
independent contractors who it is not anticipated will be able to bind the
Company in any way as an agent of the Company.

2003 STOCK OPTION/STOCK ISSUANCE PLAN. During the first part of 2003, by
unanimous written consent of the directors, we adopted a Stock Option/Stock
Issuance Plan for 2003 that was virtually identical in its terms to the 2002
Plan ("2003 Plan"). A copy of this 2003 Plan was attached to last year's
Annual Report on Form 10-KSB.  See also Item 10 in Part III below titled
"Executive Compensation." This Plan, like the Plan before it, allows for the
issuance of stock for compensation and incentive purposes to officers,
directors, employees and consultants under both qualified and non-qualified
plans or programs.

We have authorized the issuance of a total of 80,556 shares to be issued to
three officers and directors, corporate counsel and a consultant.  25,000 of
these shares were issued to the officers, directors and counsel for services
rendered by them in 2002.  These shares were issued under our 2002 Plan.
Reference is made to our 2002 Plan, a copy of which is attached to our Annual
Report for the year ended December 31, 2001 as Exhibit 10.  The remaining
55,556 of these 80,556 shares were issued solely to the consultant for
services rendered by him in 2003.  These shares were issued under our 2003
Plan.  While the total number of 80,556 shares show as issued and outstanding
on our financial statements, they have not yet been physically issued to their
recipients because we had not filed an S-8 registration statement.  Reference
is made to our 2003 Plan, a copy of which was attached to our last Annual
Report as Exhibit 10. Both our 2002 and 2003 Plans were adopted with a view to
eventually filing S-8 registration statements with the Commission pursuant to
which certain shares authorized to be issued under either or both Plans could
be registered under such form, an event which would not only dilute existing
shareholders but which might also have a depressive effect on the market price
of the Company's stock. This is because stock registered pursuant to S-8 is
                              14
<PAGE>
or can be "free-trading" depending upon whether it is issued to affiliates of
the Company or not. This said, the additional 57,076 shares issued as of
December 31, 2003 for services rendered by an officer and director and counsel
will NOT be issued under our 2003 Plan nor will such shares be registered on
Form S-8.   Instead, these shares will be issued as "restricted securities"
pursuant to the Section 4(2) exemption.

In addition to the foregoing, subsequent to last year's year-end and during
February 2003, a total of 536,611 additional shares were issued to officers,
directors, counsel, and a consultant for services rendered in 2003 in
connection with the failed Zer transaction. This figure of 536,611 includes
the 55,556 S-8 shares referenced in the preceding paragraph and which were
issued to a consultant.

The above issuances under the 2003 Plan bring our total number of issued and
outstanding shares to 1,009,643 as of December 31, 2003. The latter and most
recent issuance of 57,076 "restricted" shares also gives management, counsel,
and certain consultants ownership of as much as 80% of our issued and
outstanding shares. See Item 7 of Part II below; see also Item 11 of Part III
below titled "Security Ownership of Certain Beneficial Owners and Management."

During the year and for the year ended December 31, 2003, a total of 593,687
shares have been issued.  This figure is arrived at by adding the 536,611
shares previously issued under our 2003 Plan (and as disclosed in our last
Annual Report) and 57,076 "restricted" shares that were issued by year end for
services rendered during the latter half of 2003 by two individuals involved
with the Company.  All of these shares have been issued at a value of $0.10
per share in consideration for services provided to us.  As a result, the
total stock issuance of 593,687 shares during the fiscal year, 536,611 of
which were issued pursuant to our 2003 Plan, have resulted in a charge to
operations of $59,368.70 for 2003. The valuations of $0.10 per share were
determined by the Board to be the fair value of the stock issued at the times
that the stock was earned.  This discussion is not to ignore that any board
member, officer, employee or consultant who ultimately acquires shares under
either Plan will be required to either register such shares or have an
exemption from registration in the event that he or she seeks to offer, sell
or otherwise dispose of them after receipt thereof.

GOVERNMENT REGULATION OF ENVIRONMENTAL CONCERNS. In the event that Tintic Gold
undertakes a mining exploration program, we must comply with various federal,
state and local provisions that regulate the discharge of materials into the
environment and which further govern the conduct of mining activities for the
protection of the environment. To our knowledge, we were in full compliance
with these environmental regulations during fiscal 2003 and we intend to
continue to fully comply in fiscal 2004 and beyond.

To management's best knowledge, information and belief, Tintic Gold is neither
listed on any known environmental cleanup roster, nor is Tintic Gold's
property listed on or within any "Superfund" site. We are aware, through local
newspaper articles, as we were last year, that the federal Environmental
Protection Agency (EPA) has listed the Eureka, Utah, area (an area within the
Tintic Mining District) as a Superfund site and that it is otherwise concerned
about possible lead contamination of Eureka, Utah inhabitants.  Nonetheless,
our properties are located near another town, Mammoth, Utah. While the Company
                              15
<PAGE>
understands that a state agency has, within the last year or so, taken soil
samples on or near the town of Mammoth, we have received no notice that the
EPA or any corollary state agency intends to do any environmental clean-up or
other work to or with any property located in or near the town of Mammoth, let
alone our own properties. See Item 3 of Part 1 below titled "Legal
Proceedings."

In the event that we undertake a mining exploration program on our properties
and in order to fulfill environmental compliance obligations, we must be aware
of and attend to the complex requirements of both state and federal laws
encompassing matters affecting land, mineral rights and/or the surface under
which mining exploration activities are proposed. Such compliance would likely
materially affect our capital expenditures, earnings and competitive position
in the following general areas:

1) surface impact, 2) water acquisition, 3) site access, 4) reclamation,
5) wildlife preservation, and 6) permit and license qualification. To date,
compliance has not had a material financial effect or other impact on Tintic
Gold because its activities have not had a material and significant impact on
the environment.

In the event that we become active in exploring our properties, compliance
with environmental regulations could substantially impact or drain whatever
capital resources we would have. Such future compliance could include
performing feasibility studies on the surface impact of our proposed
operations; minimizing surface impact, water treatment and protection;
reclamation activities including rehabilitation of various sites; and on-going
efforts at alleviating the exploration impact on wildlife. Moreover,
governmental agencies may require permits or bonds from year to year to ensure
our compliance with applicable regulations.

During fiscal 2003, we did not engage in any activity that would have
required, and no governmental agency required, it to obtain any permits or
bonds, or otherwise cause us to expend any funds to comply with any material
environmental regulation. Moreover, we do not anticipate that any reclamation
bonding will be required during fiscal 2004, or in the reasonably foreseeable
future.

Tintic Gold does NOT anticipate any material capital expenditures for
environmental control facilities during fiscal 2004. The cost of future
compliance affecting our mineral properties will depend upon the extent and
type of exploration and testing that we decide to undertake or have the
financing to undertake.

There can be no assurance, however, that we will be able to comply with all
requirements imposed on any such future development, or that we will be able
to economically operate or pursue exploration activities under future
regulatory provisions.

DESCRIPTION OF SECURITIES; COMMON STOCK AND DIVIDENDS. The authorized capital
stock of the Company consists of 50,000,000 shares of common stock, $0.001 par
value, of which a total of 1,009,643 were issued and are outstanding as of our
fiscal year-end, December 31, 2003. It should be noted that during the fiscal
year, we conducted a shareholders' meeting by written consent by which a
majority of our shareholders approved amending our Articles of Incorporation,
primarily to increase our authorized number of shares to 50 million.  In that
same written consent of the shareholders, our Board of Directors was given
broad authority to take action to change our name in the future without the
necessity of conducting a formal shareholders' meeting.  Reference is made to
our 14C Information Statement materials filed on EDGAR in August 2003.  The
holders of our common stock are entitled to receive such lawful dividends as
may be declared by the Board of Directors. As of this date, no such dividends
have been declared nor does management believe it likely that dividends will
be declared in the near or distant future. There are no redemption or sinking
fund provisions applicable to any shares of common stock. All outstanding
shares of common stock are fully paid and non-assessable.
                              16
<PAGE>
VOTING RIGHTS. Stockholders are entitled to one vote on all matters to be
voted upon for each share of common stock held. The shares do not have the
right to cumulative voting for directors, meaning that holders of more than 50
percent of the shares voting for the election of directors can elect all of
the directors if they choose to do so.

LIQUIDATION RIGHTS. In the event of liquidation, dissolution or winding up of
the Company, holders of common stock shall be entitled to receive pro rata all
of the remaining assets of the Company that are available and distributable to
the shareholders after first satisfying claims of creditors and anyone else
having rights that are superior to those of the stockholders.

PREEMPTIVE RIGHTS. Stockholders do NOT have a preemptive right, by statute or
under our Second Restated and Amended Articles of Incorporation or Bylaws, to
acquire our unissued shares of common stock. See Risk Factor No. 11 at the
beginning of this document.

TRANSFER AGENT. Fidelity Stock Transfer Company is the transfer agent for our
common stock. Its address is 1800 South West Temple Street, Suite 302, Salt
Lake City, Utah 84115, and its telephone number is (801)484-7222.

ITEM 2. DESCRIPTION OF PROPERTY

Our mining property consists of three (3) patented mining claims located in
the Tintic Mining District, Juab County, Utah, about a quarter or half a mile
from the town of Mammoth, Utah, approximately 90 miles south of Salt Lake
City.

FORM OF OWNERSHIP. Tintic Gold does not hold "unpatented" mining claims. (An
unpatented mining claim is a parcel of property located on federal lands that
the U.S. government continues to own, though it has granted the private party
claimholder the right to explore and mine the claim.) Instead, we own patented
mining claims. (A "patented" mining claim is land originally held as
unpatented, to which the private-party claimholder has been conveyed fee
simple title by the U.S. government, after meeting the federal patenting
requirements.) The important distinction or difference in the type of mineral
interest it represents is that the patent gives the claimholder full and
complete ownership, outright, of the land on which the claim is located. In
this case, however, the surface rights are owned by a former officer and
director named C. Chase Hoffman. Such rights were conveyed to Mr. Hoffman in
1980 in consideration for money Mr. Hoffman had advanced the Company over the
years. See the heading titled "Description of Property" comprising Item 3,
Part I, pp. 22-25 of our Form 10-SB filed on EDGAR on September 19, 2001. Mr.
Hoffman also retains a 3% net smelter return royalty interest in the event of
any mineral production on the property.

THE EFFECT OF REGULATORY CHANGES ON HOLDING UNPATENTED MINING CLAIMS. The U.S.
Bureau of Land Management (BLM) promulgated new regulations in 1997 regarding
hardrock unpatented mining claims (see 43 CFR 3809). Compliance with the 1997
regulations is both time-consuming and costly. Therefore, Tintic Gold does NOT
intend to purchase or locate any unpatented claims, but instead, to
concentrate its exploration activities on its own privately-held land and
perhaps on land that, at some point in the future, it may decide to acquire,
including but not limited to a Utah state mineral leasehold of some kind.
Management believes that these BLM regulations will have little or no effect
on the Company's activities.
                              17
<PAGE>
TYPE OF PROPERTY/MINING AND PRODUCTION HISTORY. Our three (3) patented mining
claims are lode claims. (Such claims contain deposits of minerals, in this
case, gold, silver, copper and lead, in solid rock. A placer claim, on the
other hand, is a deposit of sand and gravel containing valuable minerals.)

Our mining claim property, which we have owned since 1933, lies within the
Central portion of the Main Tintic Mining District, Juab County, Utah,
approximately 90 miles south of Salt Lake City. The property is bounded on the
north and east by the Centennial Eureka, Grand Central, and Mammoth mines, and
on the south and west by the Empire Mines property. The property consists of
three (3) patented lode mining claims known as the Emerald, Ruby and Diamond
Lode Mining Claims. These claims embrace a portion of Sections 19 and 30,
Township 10 South, Range 2 West and Sections 24 and 25, Township 10 South,
Range 3 West, Salt Lake Base and Meridian, bearing Mineral Survey Number 188,
and together designated as Lot No. 224, more particularly described in the
patent recorded at Book 60, Page 406, of the records of Juab County, Utah.
These properties comprise an area of approximately 44.43 acres. These claims
cover an area 3,000 feet north-south and 550 to 900 feet east-west.

Structurally, these properties lie along the west flank of the northward
plunging asymmetric trough of the Tintic syncline. Beds strike approximately
due north and dip steeply to the east. Surface exposures show the predominant
rock type to be Ajax Dolomite of Cambrian Age. The central portion of the
property is cut by the trace of the northeast striking Emerald-Grand Central
fault. The east-west striking Sioux-Ajax fault zone is inferred to cut through
the property and could intersect the northeast structure within the boundaries
of the property. Due to soil cover, their exact position cannot be readily
determined.

Some of the property's nearest neighbors have been large producers of high-
grade ore, including the Centennial Eureka on the north and east, the Mammoth
on the east, and the Empire Mines on the south and west.

The property is located on the outcrop of the Ajax limestone. This has been
one of the most favorable ore-bearing formations of the Main Tintic Mining
District.

Because of general geological conditions, our property has three favorable
prospects. One is in deeper development in the northern part of the property;
two, in a mineralized vein near the main shaft on the 1,000 level; and three,
above the 600 level on the southern end of the property.

From the standpoint of the vertical range of the ore deposits in adjoining
mines, the same locations for possible development work are indicated. In the
Centennial Eureka and Grand Central properties to the north, the ore bodies
occurred several hundred feet lower than the 700 level of the Tintic Gold,
while in the Mammoth Mine, to the east, an ore channel came to the surface.

There are several prominent fissures in our property. Fissures north of the
shaft show calcite and oxidized iron. This suggests possibilities for improved
mineralization at depth. Close to the shaft an east-west cross fissure
reportedly carries substantial values in lead from the 200 to 1,000 levels in
workings presently inaccessible. This fissure should be prospected for
intersections and at greater depth. South of the shaft are two main north-
south fissures. One known as the Diamond fissure shows jasperoid quartz.
                              18
<PAGE>
A spur line of the Union Pacific Railroad with loading ramps lies less than
two miles to the northeast.

The property has been explored by numerous shallow shafts, surface workings,
and a one and one-half compartment shaft sunk one thousand feet deep, with
levels driven at the 400, 500, 600, 700 and 1,000 foot levels. This shaft is
known as the Emerald Mine or Shaft. At present, all of the existing
underground workings are inaccessible. No ore minerals of commercial grade are
believed to have been encountered in the old workings and no ores having
significant value are believed to have been produced from the property
directly. It is not anticipated that the opening up or rehabilitation of the
old workings will be attempted at the present time or at any future time. Any
exploration will be in the nature of surface assay sampling or testing and, if
sufficient evidence is obtained, exploratory drilling may be considered. In
such event, we will be subject to regulation by the Utah Division of Oil, Gas
and Mining (DOGM). See "Government Regulation" section above. It should be
again noted that the potential for pursuing an extensive permitting process in
order to further drill the property is dependent on the price of gold and
silver.

The mineralization of interest is believed to be of the siliceous copper-
gold-silver category. However, the possibility of this property attaining the
status of a gold or silver producer will depend upon the results of any future
exploration testing and drilling program engaged in by us. At the present
time, this property has no known ore reserves.  Accordingly, we cannot be
considered a "development mining company."  The objective of the proposed
geological mapping and other work would be to determine what exploration
program, if any, to pursue.

It should be noted that although smelting facilities have historically been
located within at least seventy (70) miles of the property, management
believes that it would be premature and perhaps misleading to discuss milling
and smelting contracts with ore purchasers inasmuch as we not only need to
conduct exploratory work but no ore has been discovered and thus, no
development plan or program exists. There is no assurance that ores, if they
exist and if developed, could ever be sold, let alone sold for a profit.

For further information regarding the gold, silver and other mining potential
of the property, including its specific geology, reference is made to two (2)
geology reports attached to the Company's Form 10-SB registration statement.
The first report attached thereto as Exhibit 10(iii) is dated March 24, 1939
and authored by geologist J.J. Beeson and titled "Report on the Property of
the Tintic Gold Mining Company in the Tintic Mining District Near Mammoth,
Utah." The second report, dated April 15, 1975, is in the form of a letter to
Golden Spike Oil & Mining Co. and is attached thereto as Exhibit
10(iv). Geological engineer Murray C. Godbe, III, authors this latter report.

As to the property's mining and production history, if any, the extent of
exploration on our mining properties is not known. Management believes and is
informed that no production ever occurred. This lack of knowledge makes sense
in that precious metals were first discovered in the Tintic Mining District
area in 1870, over 130 years ago. Nonetheless, the property does contain the
Emerald Shaft or Mine which existing data and other information suggests is at
least 1,000 feet deep. There are also other "prospecting pits" on the
property.
                              19
<PAGE>
EXPLORATION, DEVELOPMENT AND REHABILITATION WORK. There has been no
exploration or other mining activity on Tintic Gold's properties since the
1930's and 1940's, except perhaps briefly before World War II. Only a limited
amount of exploration or development work has been conducted on the Company's
properties since World War II. ("Exploration" is the work involved in
searching for ore. "Development" is the construction and other work necessary
to be carried out for the purpose of extracting ore from the deposit or mine.)
See the 1939 and 1975 Geology Reports attached, respectively, as Exs. 10(iii)
and 10(iv) to our Form 10-SB filed with the Commission on September 19, 2001.
In 1987, Centurion Mines Corporation ("Centurion"), later to be known and now
known as Grand Central Mining Company, negotiated a five-year lease with us to
explore and possibly develop its patented mining claims.

Centurion carried out limited mineral exploration work on the Tintic Gold
properties, but terminated this lease in 1997. To the best knowledge,
information and belief of current management, no ore production has come from
the Company's properties. Prior to that time, Tintic Gold's properties were
inactive from World War II until 1987, when Centurion carried out limited
exploration consisting mainly of geologic mapping and sampling. Centurion also
performed some maintenance and rehabilitation work on the Tintic Gold
properties though it is not believed that Centurion did any maintenance or
rehabilitation on the underground workings of the Emerald Mine. Centurion
continued its activities until 1997. No additional work has been done on the
properties since that time. Under the Company's lease agreement with
Centurion, Centurion was obligated to do a certain amount of assessment work
every five (5) years. This was done and we possess copies of the assessment
work carried out by Centurion and its successor.

FUTURE PLANS FOR EXPLORATION AND DEVELOPMENT WORK. To date, management has NOT
applied for exploration permits for work on any of its patented mining claims.
However, during 2004 and into 2005, the Company may consider conducting
geological mapping, geochemical sampling, and geophysical surveys, but only if
sufficient funds are available for such purpose, and if all goes well and we
have sufficient capital, to possibly file applications for permits that would
permit exploratory sampling or drilling to be carried out. Tintic Gold's
management has not yet determined whether we will actually carry out drilling
exploratory operations. This will depend on sources of and the availability of
funds, not to mention the prices of gold and silver. Accordingly, no assurance
can be given that exploration will in fact be either undertaken or carried
out.
          RISK FACTORS RELATED TO COMPANY'S PROPERTY

1. REALIZATION OF INVESTMENTS IN MINERAL PROPERTIES AND ADDITIONAL CAPITAL
NEEDS. The ultimate realization of Tintic Gold's investment in mineral
properties is dependent upon, among other factors, the existence of
economically recoverable reserves, the ability of us to obtain financing or
make other arrangements for exploration, and the profitability of prospective
production, once such occurs, if this fact is ever established. There
presently exists substantial uncertainty concerning these and other matters
and no assurances can be made regarding our expectation of acquiring
sufficient funds to finance any exploration operations throughout fiscal 2004,
2005 and beyond.

Tintic Gold does NOT have sufficient capital to implement a full-fledged
business development plan or finance its intended operations, let alone to
explore its mineral properties. There can be no assurance that we will ever be
successful in obtaining the required funds to finance its long- term capital
needs.
                              20
<PAGE>

2. ABSENCE OF RECENT MINING ACTIVITY. There has been no significant mining
activities on our properties recently, except for limited assessment and
exploration work during the late 1980's and early to mid-1990's. After
Centurion Mines Corporation and its successor, Grand Central Mining, no other
mining company or entity has made any offer to purchase, lease, or engage in
any other transaction, such as a joint venture, with respect to Tintic Gold's
property. Although we incur only nominal expense to preserve our ownership and
maintain our property, it presently receives no revenue or other income for
that purpose.

3. UNCERTAINTY OF DEMAND FOR TINTIC-TYPE, OXIDIZED ORE. Due to the development
of modern hydrometallurgical processes, the absence of suitable smelters, and
the availability of more cost-effective techniques, it is uncertain what the
future level of demand will be for the type of oxidized mineralization present
in the vicinity of our  properties. Also, the amount it could cost to reopen
and finance an exploration operation is likely to be dependent upon several
factors. These include: acceptable price levels of the relevant metals;
milling and smelting availability; fluctuations in market demand over time;
extent of competition with other companies; availability of acceptable
construction costs; availability of acceptable labor costs; feasibility of
obtaining economical housing facilities; manageable equipment costs; realistic
capital costs; and the acceptability of other price and cost variables.

4. RELIANCE UPON ESTIMATES AND ASSUMPTIONS. Exploration stage mining companies
use the evaluation work of professional geologists, geophysicists, and
engineers to make estimates in determining whether to acquire an interest in
property, or to commence exploration work. These estimates generally rely on
scientific and economic assumptions, and in some instances may not be correct.
The economic viability of a property cannot be determined until extensive
exploration and development work has been conducted and a comprehensive
feasibility study performed. This work could result in the expenditure of
substantial amounts of money on a property before it even can be determined
whether or not the property contains economically recoverable mineralization.
No feasibility studies have been performed on Tintic Gold's properties because
considerable exploration work remains to be done. Moreover, market prices of
minerals produced are subject to fluctuation, which may adversely affect the
economic viability of properties on which expenditures have been made. We are
not able to presently determine whether or not, or the extent to which, such
risks may adversely affect our strategy and business plan.

5. UNCERTAINTY OF TOPOGRAPHICAL EFFECT ON EXPLORATION. Our properties are
located in mountainous terrain. Because the surface of the land has a
topographic relief, any ruggedness in the overlying area could affect the
location of drilling sites and shafts, as well as the construction of
industrial facilities. It also could require that additional exploration or
drilling on the property be accessed below ground. These outcomes are
uncertain at present, and we cannot provide assurances that they will not have
a materially adverse effect on the ability of us or a business partner to
conduct mining activities.

6. UNCERTAIN CONDITION OF MINE WORKINGS. Other than the Emerald Shaft or Mine
which contains an old headframe, there are no other surface mine shafts or
usable headframes on our property. Moreover, the
                              21
<PAGE>
underground workings have been inactive for many years due to the absence of
significant exploration activities on our properties since the 1930's.
Considerable cost would be incurred to recondition shafts, drifts, tunnels,
winces and other workings, to the extent they exist, as well as to re-equip
hoisting bases and framework. It is uncertain whether and to what extent the
workings themselves, as well as any rehabilitation of them, could expose us to
significant environmental and safety concerns. If so, remediating these
concerns could require expending an uncertain amount of funds to render the
workings safe, acceptable, and environmentally sound. No assurance can be made
that we will have sufficient capital to absorb these costs and expenses.

ITEM 3. LEGAL PROCEEDINGS.

Tintic Gold is not aware of any pending legal proceeding contemplated by a
governmental authority concerning our business or properties. As of the date
of this filing, Tintic Gold is NOT a party to any legal proceeding, either as
plaintiff or defendant. Our financial statements, as set forth in Item 7 of
Part II below have therefore NOT been adjusted to reflect any material
uncertainty regarding exposure to liability in legal proceedings.

To management's best knowledge, information and belief, our property is
neither listed on any known environmental cleanup roster or otherwise listed
on or within any designated "Superfund" site. We are aware, however, through
local newspaper articles that the federal Environmental Protection Agency
(EPA) has declared the town of Eureka, Utah, as a Superfund site for lead
contamination, an area several miles from the Company's properties, inasmuch
as our properties are located near the town of Mammoth, Utah, not Eureka. We
have received no actual or direct notice or knowledge of these events and
management knows nothing further in this regard. See the subheading under Item
1 of Part I above titled "Government Regulation of Environmental Concerns."
During 2002, the Utah Department of Air Quality undertook soil sampling in and
around the town of Mammoth, Utah, an area near our properties. We are informed
that some of these samples showed elevated levels of contaminants. However, we
have received no notice that these findings have any impact or other bearing
on our mining properties and management does NOT believe that our properties
can, or will, be considered a source of any such alleged contamination.

MEASURES TAKEN BY US DURING THE LAST FISCAL YEAR TO INSULATE US AGAINST FUTURE
LIABILITY. In the fall of 2001 and in an effort to insulate us from future
liability, we hired an environmental engineer named Bruce Yeomans of B.
Yeomans Consulting, Inc., who constructed a six foot high chain link fence,
with four 30-foot runs, around the Emerald Shaft or Mine located on the
property. The fence was also stranded with barbed wire along the upper edge.
This was done to mark the Shaft and otherwise prevent intruders and
trespassers from getting injured by possibly falling into the mine shaft, a
shaft which existing data suggests is at least 1,000 feet deep. The shaft had
been partially collapsed around the collar and campers appeared to have lit
bonfires adjacent to the open shaft on the flat topped dump around it. After
this fence was built, a "dangerous/no trespassing" sign was posted on it. In a
further effort to insulate us from and against future liability, this work was
also photographed. In addition, Mr. Yeomans further erected a 12 foot long,
three stranded, 4 foot high barbed wire fence across the access road to the
Emerald Shaft at the
                              22
<PAGE>
approximate eastern boundary of the property. This was to done to further
discourage intruders and trespassers, the large majority of whom are hikers
and campers in the summer and snow-mobilers in the winter.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS AND REPORTS TO
SHAREHOLDERS.

In early August 2003, we filed a 14C Information Statement on EDGAR and, after
receiving no comments from the Commission and after filing our definitive
information statement, we mailed the same to our security holders.  Reference
is thus made to our 14C Information Statement materials on file on EDGAR.  In
such Information Statement, we disclosed that, by written consent of a
majority, we had voted on and approved certain amendments to our then-existing
Articles of Incorporation, all of which were adopted by unanimous board
resolution and by a majority of our stockholders, namely, each of our three
board members and two additional stockholders.  Such five persons together
owned and held a total of 684,192 shares and all such persons cast their votes
in favor of the proposed amendments.  Because there were, at the time this
corporate action by written consent occurred, a total of 952,567 shares issued
and outstanding, the figure of 684,192 shares constituted approval by
approximately 72% of our issued and outstanding securities.  The corporate
action was thus approved by a 72% majority of our shareholders.

     The principal effect or purpose of the corporate action by written
consent was to amend our Articles to increase our authorized shares to 50
million common capital shares, to expand our corporate purposes beyond that of
mining, and to implement other, more up-to-date housekeeping amendments with
respect to our Articles.

     In addition to the foregoing corporate action approved by the written
consent of a majority of our shareholders, the same majority of our
shareholders also approved the following resolution which did NOT result in a
specific amendment to our existing Articles of Incorporation:

     1.   To authorize the Board of Directors to change the name of our
          Company to conform with the business or industry that the Board of
          Directors determines we engage in or which otherwise conforms with
          the name or names of any properties, ventures or businesses
          acquired by our Company.

                            Part II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

Our common stock is quoted on the OTC Bulletin Board of the NASD under the
symbol "TTGM.OB"; however, the market for shares of our common stock is
extremely limited and did NOT trade during the 2003 calendar year. No
assurance can be given that the present limited market for our common stock
will continue or will be maintained, and the potential sale of our common
stock pursuant to Rule 144 of the Commission by officers and directors may
have a substantial adverse impact on any such public market. See Item 11 of
this Annual Report.
                              23
<PAGE>
Though there were no actual trades during the year to the knowledge of
management, the high and low closing bid prices for our shares of common stock
for each quarter within the 2003 fiscal year are as follows:

                                        Bid
Quarter ending:             High                Low
---------------             ----                ---

March 30, 2003               $0.90             $0.20

June 30, 2003                $0.50             $0.50

September 30, 2003           $0.50             $0.50

December 31, 2003            $0.50             $0.50

The foregoing bid prices, are as reported by the OTCBB, do not necessarily
reflect actual transactions, retail markups, mark downs or commissions.  These
prices also take into account the 10-for-1 reverse split of our shares that
occurred during the first quarter of 2003.

     The high and low closing bid prices for shares of common stock of the
Company for each quarter within the 2002 fiscal year were as follows.

                                     Bid
Quarter ending:             High             Low
---------------             ----             ---

March 30, 2002               $1.00          $0.50

June 30, 2002                $1.00          $0.50

September 30, 2002           $1.00          $0.50

December 31, 2002            $1.00          $0.50


    The foregoing bid prices, as reported by the OTCBB, do not necessarily
reflect actual transactions, retail markups, mark downs or commissions.  While
in early December 2002, 200 shares of our stock actually sold at $4.00 per
share on a reverse-split basis or $.40 per share on a pre-split basis, this
was NOT a bid price.  Regardless of the price where an isolated trade may have
occurred, to management's best knowledge, information and belief, our stock
was never bid, during the 2002 year, above $1.00 per share on a post-split
basis.

No assurance can be given that any "established public market" will develop in
our common stock, regardless of whether we are successful in completing an
acquisition, reorganization or merger deemed by management to be beneficial
for the Company and our shareholders, or if any such market does develop, that
it will continue or be sustained for any period of time.

As of December 31, 2003, there were three hundred fifty six (356) shareholders
of record of Tintic Gold's common shares. We have not paid any dividends on
our common shares since our inception and do not anticipate that dividends
will be paid at any time in the immediate future.

SECURITIES ISSUANCES/RECENT SALES OF UNREGISTERED SECURITIES. See RISK FACTOR
No. 16 above titled "Potential for Future Stock Issuances; Dilution." During
all of 2003, we issued a total of 593,687 common capital shares for services
rendered. The Board valued these shares at ten cents per share or $59,368.70.
The issuances are reflected in Part III, Item 11 below titled "Security
Ownership of Certain Beneficial Owners and Management." See also the
subheading above titled RECENT CHANGES IN OWNERSHIP of Item 1, Part I of this
document.  All but 55,556 of these 593,687 shares have been issued as
"restricted securities."  The difference of 538,131 "restricted securities"
were issued to officers, directors and counsel pursuant to the section 4(2)
exemption from registration. All but 57,076 of these  "restricted
securities"were issued in early 2003 for services rendered in connection with
the failed Zer transaction.  The remaining 57,076 shares were issued to an
officer and counsel for services rendered by them in the latter part of 2003.
The 55,556 shares mentioned above which are not considered "restricted
securities" were issued to a consultant for services rendered by him relative
to the failed Zer transaction in early 2003.  As mentioned in the subheading
above titled RECENT CHANGES IN OWNERSHIP of Item 1, Part I of this document,
these 55,556 shares issued to the consultant will be registered on Form S-8.
The section 4(2) statutory provision under the Securities Act of 1933 provides
an exemption from securities registration for shares issued in a private
transaction and not involving a public offering. Such issuance is similarly
exempt under a corollary provision of the Utah Uniform Securities Act. Shares
issued for services that
                              24
<PAGE>
are not registered are typically issued pursuant to the Section 4(2) exemption
and corollary state law provisions.

ITEM 6.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

Our discussion hereunder is based on certain reasonable expectations
concerning mining exploration in general and, in particular, our ability or
inability to obtain the type of financial capital or funding necessary to
implement or engage in a mining exploration program of some kind on our
properties located in the Tintic Mining District of Juab County, Utah.  These
expectations involve "forward-looking statements."  We do not intend to
forecast what may or may not occur in the future, nor can we predict that any
particular event may or may not occur. Management emphasizes that it can
neither control nor predict many of the risks and uncertainties applicable to,
or involving, a mining exploration company that currently lacks investment
capital and funding.

Plan of Operation

Our goal and ultimate objective is to generate recurring cash flow by
establishing long-term business opportunities. The uncertainty of future
events, however, presently limits our ability to provide any assurances
regarding its ability to implement such a plan, raise financial resources, or
undertake these or any other business activities.

During the next twelve to eighteen months, we will actively seek out and
investigate possible business opportunities with the intent to acquire or
merge with one or more business ventures. This includes but is not limited to
doing what we believes is necessary to further explore our mining properties,
properties that we believe may be valuable. Because we lack substantial cash
and other capital resources, it may be necessary for the officers and
directors to either advance funds to the Company or to accrue expenses until
such time as a successful business combination or consolidation can be made.
During 2003, officers, directors and a majority shareholder together advanced
the Company $3,600 to pay accounting, Edgarizing, and other costs and fees. As
of the date of this document, one officer and a major shareholder have
advanced  the Company an additional $1,000.  Total advances, to date, by
insiders total nearly $5,000.

Management no longer believes that we can satisfy our minimal cash
requirements from current cash on hand to continue required business
operations. These operations include costs and fees necessary to maintain our
compliance and filing obligations with the Commission as a "reporting
company." Since the Zer transaction failed and we spent much of our cash
reserves pursuing that transaction, our officers and directors will need to
advance the Company the necessary funds to fulfill and continue our reporting
obligations. We do NOT have sufficient other funds of our own to finance any
mining exploration operations, or to make any capital improvements to our
properties.

If and when the funds are available for such purpose, management believes that
further exploration on our patented mining claims may be warranted, even
though they cover a relatively small number of acres for the following
reasons: First, to the best knowledge of current management, the basic geology
and other reports and information concerning the property show that the
property has good potential for mining. Second, to the best knowledge of
current management, there has been limited comprehensive exploration, to date,
of the property's mineralization other than by means of what exploration has
been done in the Emerald Mine. Third, worldwide and in
                              25
<PAGE>
the U.S., major ore bodies have been found on property encompassing fewer
acres than that which Tintic Gold encompasses. Consider, for purposes of
comparison only, the El Indio deposit in Peru and the Orphan Mine in Arizona,
each of which is approximately 20 acres.

Should we be unable to raise a significant amount of additional working
capital in the next eighteen months, we more than likely would not have
sufficient funds, or access to sufficient funds, for exploration work. As a
result, our plan of operation depends largely on our ability to cultivate
financial resources and business arrangements with investors and larger and
better-capitalized mining or exploration companies.

Management intends to hold expenses to a minimum and to obtain expert or other
services on a contingency basis when possible. Our directors and officers hope
to defer payment of any additional compensation or remuneration until such
time as an acquisition or merger of some kind can be accomplished, if any. At
present, no such additional compensation or remuneration is owed. During 2003,
we engaged the services of a consultant who has already rendered substantial
services to the Company during 2003 in connection with the failed Zer
transaction. In this regard, such consultant received 55,556 shares under our
2003 Plan, shares that have not yet been physically issued but which will be
physically issued at such time as we register the same on Form S-8.

As of December 31, 2003, we made no arrangements or definitive agreements to
use outside advisors or consultants or to raise any capital. As stated
elsewhere herein, in the event we do need to raise capital, most likely the
only method available to us would be the private sale of its securities.
Because of our current nominal operations, it is unlikely that we could make a
public sale of securities or be able to borrow any significant sum from either
a commercial or private lender. Once again, there can be no assurance that we
will be able to obtain additional funding when and if needed, or that such
funding, if available, can be obtained on terms acceptable to us.

Because our current cash situation is low, management has expressed a
willingness to advance us the funds necessary to maintain our reporting
obligations for at least the next 18 months.

We do not intend to use or hire any employees, with the possible exception of
part-time clerical assistance on an as-needed basis. Outside advisors or
consultants will be used only if they can be obtained for minimal cost or on a
deferred payment basis. Management is confident that it will be able to
operate in this manner and to continue its search for business opportunities
during the next eighteen months.

Our business plan is directed primarily toward seeking out business
opportunities and also pursuing the eventual and possible exploration of its
patented mining claims. The mineral interests and rights with respect to these
claims are believed to represent durable value for exploration as Tintic Gold
owns these patented mining claims in fee simple.
                              26
<PAGE>

ITEM 7. FINANCIAL STATEMENTS.
<PAGE>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

                       FINANCIAL STATEMENTS

                        DECEMBER 31, 2003
<PAGE>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]


                             CONTENTS

                                                               PAGE

     -    Independent Auditors' Report                          F-1


     -    Balance Sheet, December 31, 2003                      F-2


     -    Statements of Operations, for the years
             ended December 31, 2003 and 2002
             and from inception on December 31, 1997
             through December 31, 2003                          F-3

     -    Statement of Stockholders' Equity (Deficit),
             from inception on December 31, 1997 through
               December 31, 2003                                F-4

     -    Statements of Cash Flows, for the years
             ended December 31, 2003 and 2002
             and from inception on December 31, 1997
             through December 31, 2003                          F-5

     -    Notes to Financial Statements                  F-6 - F-11
<PAGE>




                  INDEPENDENT AUDITORS' REPORT



Board of Directors
TINTIC GOLD MINING COMPANY
Salt Lake City, Utah

We have audited the accompanying balance sheet of Tintic Gold Mining Company
[an exploration stage company] at December 31, 2003, and the related
statements of operations, stockholders' equity (deficit) and cash flows for
the year ended December 31, 2003 and for the period from inception on December
31, 1997 through December 31, 2003.  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 audit.  The financial
statements of Tintic Gold Mining Company for the period from inception on
December 31, 1997 through December 31, 2002 were audited by other auditors
whose report included an explanatory paragraph expressing concern about the
Company's ability to continue as a going concern.  The financial statements as
of December 31, 2002 reflect an accumulated deficit of $59,297.  The other
auditors' report has been furnished to us, and our opinion, insofar as it
relates to the amounts for the period from inception on December 31, 1997
through December 31, 2002, is based solely on the report of the other
auditors.

We conducted our audit in accordance with generally accepted auditing
standards in the United States of America.  Those standards require that we
plan and perform the audit 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
audit provides a reasonable basis for our opinion.

In our opinion, based on our audit and the report of the other auditors, the
financial statements referred to above present fairly, in all material
respects, the financial position of Tintic Gold Mining Company as of December
31, 2003, and the results of its operations and its cash flows for the year
ended December 31, 2003 and for the period from inception on December 31, 1997
through December 31, 2003, in conformity with generally accepted accounting
principles in the United States of America.

The accompanying financial statements have been prepared assuming the Company
will continue as a going concern.  As discussed in Note 6 to the financial
statements, the Company has suffered recurring losses from operations and has
no sources of revenue.  Further, the Company has inadequate working capital to
maintain or develop its operations.  These factors raise substantial doubt
about the ability of the Company to continue as a going concern.  Management's
plans in regards to these matters are also described in Note 6.  The financial
statements do not include any adjustments that might result from the outcome
of these uncertainties.

/S/Pritchett, Siler & Hardy, P.C.
PRITCHETT, SILER & HARDY, P.C.

February 25, 2004
Salt Lake City, Utah
<PAGE>
       HANSEN, BARNETT & MAXWELL
      A Professional Corporation
     CERTIFIED PUBLIC ACCOUNTANTS

                                                           (801) 532-2200
                                                         Fax (801) 532-7944
                                                     5 Triad Center, Suite 750
                                                    Salt Lake City, Utah 84180
                                                           www.hbmcpas.com


            REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

To the Board of Directors and Stockholders
Tintic Gold Mining Company

We have audited the accompanying balance sheets of Tintic Gold Mining Company
(an exploration stage company) as of December 31, 2002 and 2001, and the
related statements of operations, stockholders' equity and cash flows for the
years then ended, and for the period from December 31, 1997 (date of inception
of the exploration stage) through December 31, 2002. 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 auditing standards generally
accepted in the United States of America. 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 Tintic Gold Mining Company as
of December 31, 2002 and 2001, and the results of its operations and cash
flows for the years then ended, and for the period December 31, 1997 (date of
inception of the exploration stage) through December 31, 2002 in conformity
with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 1 to the
financial statements, the Company has suffered recurring losses from
operations. During the year ended December 31, 2002 and 2001, the Company has
no revenue sources, had net losses of $34,774 and $35,530, used $10,305 and
$22,196 of cash in operating activities, respectively. These matters raise
substantial doubt about the Company's ability to continue as a going concern.
Management's plans in regard to these matters are also described in Note 1.
The financial statements do not include any adjustments relating to the
recoverability and classification of asset carrying amounts or the amount and
classification of liabilities that might result should the Company be unable
to continue as a going concern.


                                  HANSEN, BARNETT & MAXWELL
Salt Lake City, Utah
March 20, 2003


<PAGE>

<TABLE>
<CAPTION>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

                          BALANCE SHEET


                              ASSETS


                                                          December 31,
                                                         2003
                                                          ___________
<S>                                                       <C>
CURRENT ASSETS:
     Cash                                                 $     2,792
                                                          ___________
          Total Current Assets                                  2,792
                                                       ___________
                                                       $     2,792
                                                       ===========


          LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES:
     Accounts payable                                 $      2,701
     Accrued interest payable                                   44
                                                       ___________
          Total Current Liabilities                          2,745
                                                       ___________

NOTE PAYABLE   Related Party                                 3,501
                                                       ___________

STOCKHOLDERS' EQUITY (DEFICIT):
     Common stock, $.001 par value,
     50,000,000 shares authorized,
     1,009,643 shares issued
     and outstanding                                         1,010
     Capital in excess of par value                        136,811
     Deficit accumulated during the exploration stage     (141,275)
                                                       ___________
          Total Stockholders' Equity (Deficit)              (3,454)
                                                       ___________
                                                       $     2,792
                                                       ===========
</TABLE>
The accompanying notes are an integral part of this financial statement.
                               F-2
<PAGE>
<TABLE>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

                     STATEMENTS OF OPERATIONS

                                          For the              From Inception
                                         Year Ended            on December 31,
                                         December 31,          1997, Through
                                  ______________________        December 31,
                                      2003         2002             2003
                                  ______________________       _____________
<S>                               <C>           <C>          <C>
REVENUE                          $           -  $      -       $           -
                                 _____________  ________       _____________
          Total Revenue                      -         -                   -
                                 _____________  ________       _____________

EXPENSES:
     General and administrative         20,250    35,114              73,954
     Failed acquisition costs           62,281         -              85,758
                                 _____________  ________       _____________
          Total Expenses                82,531    35,114             159,712
                                 _____________  ________       _____________
LOSS FROM OPERATIONS                   (82,531)  (35,114)           (159,712)
                                 _____________  ________       _____________
OTHER INCOME:
     Interest Income                        40       340               8,632
     Interest Expense                      (44)        -                 (44)
     Gain on sale of securities              -         -               8,084
                                 _____________  ________       _____________
          Total Other Income                (4)      340              16,672
                                 _____________  ________       _____________
LOSS BEFORE INCOME TAXES               (82,535)  (34,774)           (143,040)

CURRENT INCOME TAXES (BENEFIT)            (557)        -               1,765

DEFERRED INCOME TAXES                        -         -                   -
                                 _____________  ________       _____________
NET LOSS                         $     (81,978) $(34,774)      $    (141,275)
                                 =============  ========       =============

(LOSS) PER SHARE:                $        (.09) $   (.12)      $        (.40)
                                 =============  ========       =============
</TABLE>
The accompanying notes are an integral part of these financial statements.
                               F-3
<PAGE>
<TABLE>
<CAPTION>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

           STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

         FROM THE DATE OF INCEPTION ON DECEMBER 31, 1997

                    THROUGH DECEMBER 31, 2003

                                                               Additional
                                           Common Stock          Paid-In
                                        Shares     Amount        Capital
<S>                               <C>           <C>          <C>
BALANCE - December 31, 1997
  (Date of Inception of the
  Exploration Stage)                    231,797    $     232   $  39,743

Net Income for December 31, 1997
  through December 31, 2000                   -            -           -

Unrealized losses on available-
  for-sale securities, net of tax             -            -           -

Stock issued for services in
December 2001 at $0.03 per share         50,006           50      14,950

Net loss for the year ended
December 31, 2001                             -            -           -

Unrealized gains on available-
  for-sale securities, net of tax             -            -           -

Comprehensive loss                            -            -           -
                                      ---------   ----------   ---------
BALANCE, December 30, 2001              281,803          282      54,693

Stock issued for services in
December, 2002, $0.175 per share        134,153          134      23,343

Net loss for the year ended
December 31, 2002                             -            -           -
                                      ---------   ----------   ---------
BALANCE, December 31, 2002              415,956          416      78,036

Stock issued for services in
February, 2003 at $.10 per share        536,611          537      53,124

Stock issued for services in
December, 2003 at $.10 per share         57,076           57       5,651

Net loss for the year ended
December 31, 2003                             -            -           -
                                      ---------   ----------   ---------
BALANCE, December 31, 2003            1,009,643   $    1,010   $ 136,811
                                      =========   ==========   =========
</TABLE>
CONTINUED
<TABLE>

                    TINTIC GOLD MINING COMPANY
                  (An Exploration Stage Company)

           STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (CONTINUED)

         FROM THE DATE OF INCEPTION ON DECEMBER 31, 1997

                    THROUGH DECEMBER 31, 2003

<CAPTION>

                                                    Unrealized
                                    Deficit       Gains (Losses)
                                 Accumulated       on Available-     Total
                                   During the        for-Sale    Stockholders'
                               Exploration Stage    Securities      Equity
<S>                                <C>           <C>            <C>
BALANCE, December 31, 1997
  (Date of Inception of the
  Exploration Stage)                $        -    $          -   $     39,975

Net Income for December 31, 1997
  through December 31, 2000             11,007               -         11,007

Unrealized losses on available-
  for-sale securities, net of tax            -            (278)          (278)

Stock issued for services in
December 2001 at $0.03 per share             -               -         15,000

Net loss for the year ended
December 31, 2001                      (35,530)              -        (35,530)

Unrealized gains on available-
  for-sale securities, net of tax            -             278            278

Comprehensive loss                           -               -        (35,252)
                                    ----------   -------------   ------------
BALANCE, December 30, 2001             (24,523)              -         30,452

Stock issued for services in
December, 2002, $0.175 per share             -               -         23,477

Net loss for the year ended
December 31, 2002                      (34,774)              -        (34,774)
                                    ----------   -------------   ------------
BALANCE, December 31, 2002          $  (59,297)  $           -   $     19,155

Stock issued for services in
February, 2003 at $.10 per share             -               -         53,661

Stock issued for services in
December, 2003 at $.10 per share             -               -          5,708

Net loss for the year ended
December 31, 2003                      (81,978)              -        (81,978)
                                   -----------   -------------   ------------
BALANCE, December 31, 2003         $  (141,275)  $           -   $    (3,454)
                                    ==========   =============   ============
</TABLE>
The accompanying notes are an integral part of these financial statements.
                               F-4
<PAGE>
<TABLE>
<CAPTION>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

                     STATEMENTS OF CASH FLOWS

                                          For the              From Inception
                                         Year Ended      on December 31,
                                         December 31,    1997, Through
                                  ______________________        December 31,
                                      2003         2002             2003
                                  ______________________       _____________
<S>                                 <C>           <C>          <C>
Cash Flows From Operating Activities:
     Net loss                     $ (81,978)  $  (34,774)      $    (141,275)
     Adjustments to reconcile net
     loss to net cash used by
     operating activities:
       Non-cash stock issued for
       services rendered             59,369       23,477              97,846
       Loss from sale of securities       -            -              (8,086)
       Change in assets and
       liabilities:
         Decrease in income tax
         receivable                       -        3,876                   -
         Increase (decrease) in
         accounts payable             2,301       (2,884)              2,601
         (Decrease) in income
         taxes payable                    -            -                (565)
         Increase in accrued
         interest payable                44            -                  44
                                ___________   __________       _____________
            Net Cash (Used) by
            Operating Activities    (20,264)     (10,305)            (49,435)
                                ___________   __________       _____________
Cash Flows From Investing Activities:
     Purchase of securities               -            -              (7,609)
     Proceeds from sale of securities     -            -              23,962
                                ___________   __________       _____________
          Net Cash Provided by
          Investing Activities            -            -              16,353
                                ___________   __________       _____________
Cash Flows From Financing Activities:
     Proceeds from note payable
     - related party                  3,501            -               3,501
                                ___________   __________       _____________
          Net Cash Provided by
          Financing Activities        3,501            -               3,501
                                ___________   __________       _____________
Net Increase (Decrease) in Cash     (16,763)     (10,305)            (29,581)

Cash at Beginning of Period          19,555       29,860              32,373
                                ___________   __________       _____________
Cash at End of Period           $     2,792   $   19,555       $       2,792
                                ___________   __________       _____________

Supplemental Disclosures of Cash Flow Information:
     Cash paid during the periods for:
       Interest                 $         -   $        -       $           -
       Income taxes             $       100   $      100       $       3,565
</TABLE>
Supplemental Schedule of Noncash Investing and Financing Activities:
     For the year ended December 31, 2003:
          During 2003, the Company issued 593,687 shares of common stock for
          services rendered valued at $59,369 or $.10 per share.

     For the year ended December 31, 2002:
          In December 2002, the Company issued 134,153 shares of common
          stock for services rendered valued at $23,477 or $.175 per share.


The accompanying notes are an integral part of these financial statements.
                               F-5
<PAGE>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 1 -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Organization   Tintic Gold Mining Company ("Parent") was incorporated on
     September 14, 1933 under the laws of the State of Utah. The Company was
     incorporated for the purpose of mining, milling, ore reducing, and
     smelting.

     Rescinded Acquisition   In an attempt to acquire Zer Communications,
     Ltd. (Zer), the Company incurred legal, consulting and management costs
     related to the attempted acquisition.  During the nine months ending
     September 30, 2003 the Company issued 536,611 shares of common stock
     valued at their fair value of $0.10 per share as established by the
     Board of Directors, or $53,661, for services related to the acquisition.
     As of September 30, 2003 the acquisition of Zer was terminated and all
     costs incurred were expensed as of September 30, 2003.

     Exploration Stage   The Company is considered to be an Exploration Stage
     Company according to the provisions of Industry Guide 7.  The Company is
     currently unable to estimate the length of time necessary to initiate an
     exploration stage program and has no assurance that a commercially
     viable ore body exists in its properties until appropriate geological
     work and testing of the mineralized areas can support an economically
     feasible evaluation which the Company is unable to perform due to a lack
     of working capital.

     Accounting Estimates - The preparation of financial statements in
     conformity with generally accepted accounting principles in the United
     States of America requires management to make estimates and assumptions
     that effect the reported amounts of assets and liabilities, the
     disclosures of contingent assets and liabilities at the date of the
     financial statements, and the reported amounts of revenues and expenses
     during the reporting period.  Actual results could differ from those
     estimated by management.

     Cash and Cash Equivalents - For purposes of the financial statements,
     the Company considers all highly liquid debt investments purchased with
     a maturity of three months or less to be cash equivalents.

     Stock Based Compensation   Compensation or services that are received in
     exchange for the issuance of common stock is recognized based on the
     fair value of the services received or the fair value of the common
     stock issued, which ever is more reliably measured.

     Income Taxes   The Company accounts for income taxes in accordance with
     Statement of Financial Accounting Standards No. 109, "Accounting for
     Income Taxes."  This statement requires an asset and liability approach
     for accounting for income taxes (See Note 7).

     Earnings (Loss) Per Share - The computation of earnings (loss) per share
     is based on the weighted average number of shares outstanding during the
     period presented in accordance with Statement of Financial Accounting
     Standards ["SFAS"] No. 128, "Earnings (Loss) Per Share" [See Note 8].
                               F-6
<PAGE>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]
                  NOTES TO FINANCIAL STATEMENTS

NOTE 1 -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

     Recently Enacted Accounting Standards - Statement of Financial
     Accounting Standards ("SFAS") No. 146, "Accounting for Costs Associated
     with Exit or Disposal Activities", SFAS No. 147, "Acquisitions of
     Certain Financial Institutions - an Amendment of FASB Statements No. 72
     and 144 and FASB Interpretation No. 9", SFAS No. 148, "Accounting for
     Stock-Based Compensation - Transition and Disclosure - an Amendment of
     FASB Statement No. 123", SFAS No. 149, "Amendment of Statement 133 on
     Derivative Instruments and Hedging Activities", and SFAS No. 150,
     "Accounting for Certain Financial Instruments with Characteristics of
     both Liabilities and Equity", were recently issued.  SFAS No. 146, 147,
     148, 149 and 150 have no current applicability to the Company or their
     effect on the financial statements would not have been significant.

NOTE 2   MINING CLAIMS

     At the time of organization, the Company acquired certain patented
     mining claims from the Emerald Mining Company, which mining claims the
     Company continues to own. The mining claims are located in the Tintic
     Mining District of Juab County, Utah. The Company does not have any
     current mining exploration, development, or production activities on its
     existing properties. The Company intends to explore its existing
     properties in the future and to acquire additional mining properties
     that contain potential exploration opportunities if funding becomes
     available for such purpose.

     Because the Company has no foreseeable revenues and no recent revenues
     generated from the use of the mining claims, the Company is carrying the
     claims at $0 as of December 31, 2003 and 2002.

NOTE 3   NOTE PAYABLE   RELATED PARTY

     On September 30, 2003, the Company issued a note payable to a group of
     shareholders for proceeds of $3,501. The note is callable on October 1,
     2006 and accrues interest at a rate of five percent. The note does not
     require regular payments of principle or interest. The note may be paid
     at anytime without penalty.  For the year ended December 31, 2003
     interest of $44 was accrued but not paid.

NOTE 4   COMMON STOCK

     Common Stock - The Company has authorized 50,000,000 shares of common
     stock with a par value of $.001. At December 31, 2003, the Company had
     1,009,643 shares issued and outstanding. In August 2003, the Company
     amended its articles of incorporation, including, increasing the
     authorized shares of common stock to 50,000,000.

     Stock issuances   In December 2003, the Company issued 57,076 shares of
     common stock for services rendered valued at $5,708 or $.10 per share.

     In February 2003, the Company issued 536,611 shares of common stock to
     members of the board of directors, the Company's legal counsel and
     shareholders for services rendered valued at $53,661, or $.10 per share.
                               F-7
<PAGE>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]
                  NOTES TO FINANCIAL STATEMENTS

NOTE 4   COMMON STOCK [Continued]

     In December 2002, the Company issued 134,153 shares of common stock for
     services rendered valued at $23,477 or $.175 per share.

     In December 2001, the Company issued 50,006 shares of common stock for
     services rendered valued at $15,000 or $.30 per share.

     Held Stock Certificates   The Company is currently holding certificates
     representing approximately 80,556 shares of common stock, which are
     reflected as issued and outstanding. Management of the Company is
     planning on delivering the certificates upon a successful registration
     with the SEC on Form S-8.

     Stock Split - On January 17, 2003, the board of directors approved a one
     share for ten shares reverse stock split. The financial statements have
     been retroactively restated for the effects of the reverse stock split
     for all periods presented.

     Stock Option Plans   In January 2002, the Company adopted a Stock Option
     Plan (the "2002 Plan") with a maximum of 100,000 shares of common stock
     reserved under the plan. The 2002 Plan provides for both direct award
     and sale of shares and for the grant of options to purchase shares. The
     board of directors shall determine the exercise price per share of the
     options granted. The option terms shall not exceed ten years from the
     option grant date. As of December 31, 2003, no options are outstanding
     and 25,000 shares of common stock have been issued under this plan.

     During February 2003, the board of directors adopted the 2003 Stock
     Option/Stock Issuance Plan ("2003 Plan"). The 2003 plan provides for the
     issuance of a maximum of 645,764 shares of common stock. In February
     2003, all 645,764 shares available under the plan were issued.

NOTE 5   COMMITMENTS AND CONTINGENCIES

     Environmental   In 2002, the Utah Department of Environmental Quality
     conducted soil sampling in the town of Mammoth, Utah, in an area
     adjacent to the Company's mining claims.  Those samples indicate
     elevated contaminated metals levels.  The nearby Mammoth mine had
     significant workings and production in the past, while the Company's
     properties have never been worked.  The source of the elevated
     contaminants is unclear.  No claims have been made against the Company
     nor has anyone asserted that the Company is a responsible party. The
     Environmental Protection Agency has listed Eureka, Utah, as a
     "superfund" clean-up site.  While the Company's properties are in the
     same overall mining district as Eureka, Utah, the Company does not
     expect the Eureka, Utah, superfund cleanup project will expand to
     include either the Mammoth area or the Company's properties.  The
     Company is not aware of any state or federal agency's plan or intention
     to do any environmental cleanup or other work to or with any property
     located in or near Mammoth or the Company's properties.

     Former officer - During 1980, a former president of the Company entered
     into an agreement with the Company whereby he settled a note due from
     the Company and relinquished his direct control of the Company. Among
     other consideration, the Company conveyed to the former president a 3%
     net smelter return on any ores sold from its historical patented mining
     claims held, plus surface rights.  The Company retained rights to enter
     and exit the property for exploration and mining activity.
                               F-9
<PAGE>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 6   GOING CONCERN

     The accompanying financial statements have been prepared in conformity
     with generally accepted accounting principles in the United States of
     America which contemplate continuation of the Company as a going
     concern. However, the Company has suffered recurring losses from
     operations and has no sources of revenues.  During the years ended
     December 31, 2003 and 2002, the company incurred net losses of $81,978
     and $34,774 and used $20,264 and $10,305 of cash in operating
     activities, respectively.  Further, the Company has inadequate working
     capital to maintain or develop its operations. These factors raise
     substantial doubt about the ability of the Company to continue as a
     going concern.  In this regard, management is proposing to raise any
     necessary additional funds through loans, through additional sales of
     its common stock or through the possible acquisition of other companies.
     There is no assurance that the Company will be successful in raising
     this additional capital.

NOTE 7 - INCOME TAXES

     The Company accounts for income taxes in accordance with Statement of
     Financial Accounting Standards No. 109. SFAS No. 109 requires the
     Company to provide a net deferred tax asset or liability equal to the
     expected future tax benefit or expense of temporary reporting
     differences between book and tax accounting and any available operating
     loss or tax credit carryforwards. The Company has a federal net
     operating loss carryover of approximately $148,000 at December 31, 2003.

     At December 31, 2003 and 2002, the total of all deferred tax assets was
     approximately $30,000 and $10,000. The total of all deferred tax
     liabilities was $0 and $0, respectively. The amount of and ultimate
     realization of the benefits from the deferred tax assets for income tax
     purposes is dependent, in part, upon the tax laws in effect, the
     Company's future earnings, and other future events, the effects of which
     cannot be determined. Because of the uncertainty surrounding the
     realization of the loss carryforwards the Company has established a
     valuation allowance of approximately $30,000. The net change in the
     valuation allowance for the year ended December 31, 2003 was an increase
     of approximately $20,000.

     The temporary differences gave rise to the following deferred tax asset
     (liability):

                                             December 31,   December 31,
                                                 2003           2002
                                              _________      _________

       Deferred compensation                 $    1,099      $       -
       Net operating loss carryover - federal    28,454          9,967
                               F-9
<PAGE>
                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 7 - INCOME TAXES [Continued]

The reconciliation of income tax from continuing operations computed at the
U.S. federal statutory tax rate to the Company's effective rate is as follows
for the year ended:

                                                  December 31,    December 31,
                                                     2003             2002
                                                  _________         _________
       Computed tax at the expected
         federal statutory rate                      15.00%         15.00%
       State income taxes, net of federal benefit     4.25           3.30
       Compensation deferred                          5.51            -
       Valuation allowance                          (23.89)        (17.19)
       Other                                         (0.19)         (1.11)
                                                  _________         _________
       Effective income tax rates                     0.68%          0.00%
                                                  _________         _________

  The components of federal income tax expense from continuing operations
  consisted of the following for the year ended:

                                              December 31,     December 31,
                                                  2003            2002
                                              _________        _________
       Current income tax expense:
       Federal                                $    (557)       $       -
       State                                          -                -
                                              _________        _________
       Net current tax expense                $    (557)       $       -
                                              _________        _________

       Deferred tax expense (benefit) resulted from:
        Deferred compensation                 $  (1,099)       $       -
        Net operating loss                      (18,487)          (6,694)
        Valuation allowance                      19,586            6,694
                                              _________        _________
       Net deferred tax expense               $       -        $       -
                                              _________        _________


Deferred income tax expense results primarily from the reversal of temporary
timing differences between tax and financial statement income.
                               F-10
<PAGE>

                    TINTIC GOLD MINING COMPANY
                  [An Exploration Stage Company]

                  NOTES TO FINANCIAL STATEMENTS

NOTE 8   EARNINGS (LOSS) PER SHARE

       The following data show the amounts used in computing income (loss)
       per share and the effect on income and the weighted average number of
       shares of dilutive potential common stock for the periods persented:

                                                              Cumulative from
                                                            the Re-entering of
                                          For the Year       Exploration Stage
                                              Ended          on December 31,
                                          December 31,          1997 through
                                          __________________  December 31,
                                            2003      2002         2003
                                           ________ ________    __________
      (Loss) from continuing operations
      available to common stockholders
      (numerator)                         $ (81,978)$(34,774)   $ (141,275)
                                           ________ ________    __________
      Weighted average number of common
      shares outstanding used in earnings
      per share during the period
      (denominator)                         884,939  281,803       349,300
                                           ________ ________    __________

Dilutive earnings per share were not presented, as the Company had no common
equivalent shares for all periods presented that would effect the computation
of diluted earnings (loss) per share.
                               F-11
<PAGE>


ITEM 8.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
PROCEDURE.

          None.

ITEM 8A.  CONTROLS AND PROCEDURES.

(a) Evaluation of Disclosure Controls and Procedures. Our Chief Executive
Officer/Treasurer has evaluated the Company's disclosure controls and
procedures within 90 days prior to the date of this Annual Report, and has
concluded that these controls and procedures are effective.

(b) Changes in Internal Controls. There were no significant changes in the
Company's internal controls or, to the Company's knowledge, in other factors
that could significantly affect its disclosure controls and procedures
subsequent to the evaluation date.

                           Part III

ITEM 9.   DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT.

DIRECTORS. According to our Second Restated and Amended Articles of
Incorporation, we shall be managed by a board of directors of a minimum of
three (3) persons.  This is actually a requirement under Utah law.  In
addition, each director shall hold not less than 100 shares of our stock in
order to be eligible to hold the office of director.

Under our Second Restated and Amended Articles and Bylaws, the directors are
elected to serve until the next annual shareholders' meeting or until their
respective successors are elected and qualify. Interim replacements for
vacancies on the Board of Directors are appointed by the remaining, incumbent
directors. No director that was appointed or elected during any of the past
five fiscal years has declined to serve, and none has been found unable or
unfit to serve, the only exception of a former officer and director who
voluntarily chose to resign from the Board and as our vice president on
December 20, 2001. See the Form 8-K filed by the Company on or about December
28, 2002.

EXECUTIVE OFFICERS. Our officers hold office until the meeting of the Board of
Directors immediately following the next annual shareholders' meeting or until
removal by the Board of Directors. Tintic Gold's Bylaws specify that its
officers shall be a president, one or more vice presidents, a secretary and a
treasurer. Interim replacements for officers that have resigned or been
terminated are appointed by the Board of Directors. The following sets forth
pertinent information about each of Tintic Gold's directors and executive
officers:

The current directors and officers of Tintic Gold are as follows:

Name                        Age       Position
------------------        -------     -----------------------------------
George Christopulos           54      President, Chief Executive Officer,
                                      Director (Chairman of the Board)

Hugh Coltharp                 52      Secretary/Treasurer and Director

Jack Coombs                   77      Director and Vice President

Mr. CHRISTOPULOS is currently employed by the Salt Lake County Assessor's
office as a commercial real estate appraiser. He received a B.S. degree in
Accounting from the University of Utah in 1974, graduating cum laude. He has
been the chairman of the board and the president of the Company since 1982. He
is NOT currently an officer, director or "control person" of any other
"reporting company."
                                27
<PAGE>

Mr. COLTHARP is a retired stockbroker, formerly of Potter Investment Company,
a local stock brokerage firm, who currently buys, sells and restores antique
cars. He has been a director of the Company longer than any other director,
having become a director in 1980. He is NOT currently an officer, director or
"control person" of any other "reporting company."

Mr. COOMBS is a retired Salt Lake City businessman and private investor. Mr.
Coombs graduated from the University of Utah in 1950 with a B.S. degree in
business administration. He has been involved with other exploratory mining
companies in the past. Mr. Coombs served as an officer and director of a
company known as Vis Viva Corporation, a "reporting company" now known as
WideBand Corporation and which has traded on the OTC Bulletin Board under the
symbol ZWBC.OB. He is NOT currently an officer, director or "control person"
of any other "reporting company."

The Company does not believe that any of its officers or directors come within
the definition of a "promoter" as defined in Rule 405 of the General Rules and
Regulations of the Commission, 17 CFR Section 230.405.

No officer or director has been involved, directly or indirectly, in any
bankruptcy or insolvency proceeding of any kind. None is currently involved in
any litigation nor has any been involved in any litigation that would have a
bearing on any such person's fitness or other ability to act and serve as a
director or officer of the Company.

No arrangement or understanding exists between or among any of the directors
or executive officers and any other person pursuant to which any director was
elected, or any executive officer was appointed. None of our directors or
officers are currently directors or officers of any other company registered
under the Securities Exchange Act of 1934.

Each director and executive officer intends to devote such amount of time as
that person's responsibilities require, but none of them work full time for
us. Also, no family relationship exists among any of the named directors and
executive officers. None of the directors or officers has ever been employed
by a mining company and none has any college or university degree involving or
relating to mining.

None of our directors, officers, or principal shareholders has been involved
in any legal proceeding during the past five (5) years arising from any of the
following events that would be material in evaluating the ability or integrity
of any such person: (1) any bankruptcy petition filed by or against any
business of which such person was a general partner or executive officer
either at the time of the bankruptcy or within two years prior to that time;
(2) any conviction in a criminal proceeding or being subject to a pending
criminal proceeding (excluding traffic violations and other minor offenses);
(3) being subject to any order, judgment, or decree, not subsequently
reversed, suspended or vacated, of any court of competent jurisdiction,
permanently or temporarily enjoining, barring, suspending or otherwise
limiting that person's involvement in any type of business, securities or
banking activities; and (4) being found by a court of competent jurisdiction
(in a civil action), the Commission, or the Commodity Futures Trading
Commission to have violated a federal or state securities, or commodities law
and the judgment has not been reversed, suspended, or vacated.
                              28
<PAGE>
BOARD MEETINGS. Pursuant to Utah law, the Board of Directors conducted all of
its business and approved all corporate action during fiscal 2003 by the
unanimous consent of all its members, in the absence of formal Board meetings.

STANDING AUDIT AND COMPENSATION COMMITTEES; NO OTHER COMMITTEES. The Board of
Directors has not established Compensation or Audit Committees. At present,
the Board does not have a nominating committee, or any other Board committees.
Under the 2002 and 2003 Stock Option/Stock Issuance Plans that the Company
adopted and discussed in its last Annual Report on Form 10-KSB, the Board must
nominate and appoint a Committee and a Plan Administrator to oversee and
administer the Plans. To date, the Board has not done such.

COMPLIANCE WITH SECTION 16(a) OF THE SECURITIES EXCHANGE ACT OF 1934. Section
16(a) of the Securities and Exchange Act of 1934 requires officers, directors,
and persons who own more than ten percent (10%) of the Issuer's common stock
to file initial reports of beneficial ownership and to report changes in such
ownership with the Commission and the NASD. These persons are also required to
furnish the Company with copies of all Section 16(a) forms they file. These
requirements commenced upon the effective date of the Company's registration
statement which was November 19, 2001. Therefore, as of the date of this
Annual Report on Form 10-KSB, these persons have been subject to the
requirements of Section 16(a). Tintic Gold has informed these persons of their
obligations under Section 16(a). Further, the Company has set up a procedure
whereby periodically it will (i) notify these persons of their Section 16(a)
obligations; (ii) review the copies of Forms 3, 4, and 5 that these persons
furnish to the Company; (iii) request written representations from them that
no other transactions were required; and (iv) make a determination that the
pertinent officers, directors and principal shareholders have complied with
all applicable Section 16(a) requirements during the fiscal year.

We are not aware of any reporting persons who filed late reports or failed to
file reports since January 1, 2003.

Our officers and directors intend to timely file Form 4's reporting their
increased holdings as disclosed elsewhere in this document.

DIRECTOR AND OFFICER LIABILITY LIMITATION. Our Second Restated Articles of
Incorporation and Bylaws, limit the personal liability of directors, officers
and the shareholders to the full extent allowed by Utah law. This is a risk
factor that an investor or potential investor should consider because it means
that a disgruntled or injured investor's remedies may not be as significant or
meaningful as might otherwise be the case in the absence of these statutory
and common law protections. See also Risk Factor No. 9 in the beginning of
this document above titled "Indemnification of Officers and Directors."

AUDIT COMMITTEE.  We do not have a "financial expert" on our audit committee
as of the date of this report.  We are currently in the process of
interviewing and deciding who would be the best candidate for this position.

CODE OF ETHICS

We have adopted a Code of Ethics which is attached to this report as Exhibit
14.  See Item 13.

ITEM 10. EXECUTIVE COMPENSATION

COMPENSATION OF EXECUTIVE OFFICERS AND DIRECTORS. Because Tintic Gold's
officers and directors are the same persons, we are discussing both categories
of persons together under this disclosure item. This includes those persons
referred to under Item 402 of Regulation S-B as "Named Executive Officers."

Other than as set forth in the Company's 2002 and 2003 Stock Option/Stock
Issuance Plans("Plans") discussed in detail above, we do NOT have any
contracts with or contractual arrangements for compensation of directors or
officers. We also do NOT pay any monetary fees or other form of cash
compensation for their services. Directors and officers are entitled to
                              29
<PAGE>
receive reimbursement of out-of-pocket expenses incurred by them on behalf of
the Company. Because none of our officers or directors, during any of the last
three (3) fiscal years, received individual total annual salary and bonus in
excess of $100,000 for any fiscal year, we have NOT included a table under
this item describing such compensation as would otherwise be required. Such
compensation, if it had occurred, would include the dollar value of base
salaries and bonus awards, the number and value of stock options granted, and
any other compensation, if any, none of which occurred other than those
538,131 "restricted" shares issued to officers, directors and counsel for
services rendered by them during the fiscal year ended December 31, 2003 and
pursuant to our 2003 Plan.  This figure is arrived at in that in our last
Annual Report, we disclosed that 536,611 shares were issued to officers,
directors, counsel and a consultant for services rendered in early 2003
relative to the failed Zer transaction.  Backing out the consultant's shares
results in a figure of 481,055 shares.  At year end, the Board of Directors
authorized the issuance of an additional 57,076 "restricted" shares issued to
Messrs. Christopulos and JM Coombs for services rendered in the latter part of
2003.  This means that a total of 538,131 (481,055 + 57,076) shares were
issued, during the 2003 fiscal year, to insiders and counsel.

2003 STOCK OPTION/STOCK ISSUANCE PLAN. Reference is made to the subsection in
Item 1, Part 1 above titled " 2003 STOCK OPTION/STOCK ISSUANCE PLAN."

NO RETIREMENT, PENSION OR PROFIT SHARING PLANS. At present, directors and
officers do NOT receive any award of options, warrants, or stock appreciation
rights (SAR's) for their service. There are no retirement, pension, or profit
sharing plans for the benefit of officers, directors or key employees as of
the date of this filing.

OPTION/STOCK APPRECIATION RIGHTS (SAR) GRANTS TABLE.   To the extent that our
issuance of "restricted" and non-restricted securities under our 2002 and 2003
Stock Option/Stock Issuance Plans for services rendered would be considerd
stock options, stock appreciation rights, or grants of one kind or another and
thus, disclosable under any such table to be included in this category, the
following table sets forth what stock has been issued to date under such
Plans:

     Under the 2002 PLAN

          No "restricted" shares have been issued to officers and directors

          25,000 shares have been issued to officers, directors and counsel
          to be registerered on Form S-8

     Under the 2003 PLAN

          109,153  "restricted" shares were issued under our 2003 Plan to
          officers, directors and counsel for services rendered in 2002

          481,055 "restricted" shares were issued to officers, directors and
          counsel for services rendered in early 2003 relative to the failed
          Zer transaction

          55,556 shares issued to a consultant to be registered on Form S-8,
          services that were rendered in early 2003 relative to the failed
          Zer transaction

          The 57,076 "restricted" shares that are described elsewhere herein
          and which were issued for services rendered by an officer and
          counsel during the end of 2003 were NOT issued under, or pursuant
          to, any Plan

          The total number of shares authorized to be issued under our 2003
          Plan is 645,764 shares and all those shares have been issued
          (109,153 + 481,055 + 55,556 = 645,764).

AGGREGATED OPTION/STOCK APPRECIATION RIGHTS (SAR) EXERCISES AND FISCAL YEAR-
END OPTION/SAR VALUE TABLE. This table has been omitted because there has been
no compensation in the form of options or SARs awarded or paid to, or earned,
exercised, or retained by, any Company officer or director during any
pertinent fiscal year as required to be covered by such a table.

LONG-TERM INCENTIVE PLAN (LTIP) AWARDS TABLE. This table has been omitted
because there has been no compensation in the form of long-term incentive
awards that have been granted or paid to, or earned, exercised, or retained
by, any Company officer or director during any pertinent fiscal year as
required to be covered by such a table.

ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

The following table sets forth the beneficial ownership of our common stock
with respect each person known to be the owner of 5% or more of the common
capital stock of the Company, each director, each officer, and all executive
officers, directors and 5% or greater shareholders of the Company as a group.
As of December 31, 2003, there were 1,009,076 common capital shares issued and
outstanding, a figure that includes the 536,611 shares issued in the first
quarter to certain persons for services rendered and the additional 57,076
"restricted" shares issued to Messrs. Christopulos and JM Coombs for services
rendered by them in the latter part of fiscal 2003. The following table takes
into account or otherwise reflects the 1 for 10 reverse split of our shares
that took place during the year on February 3, 2003.

                                                                 Percent of
                                    Number of Shares of          Ownership of
                                      Common Stock               Common Stock
Name of Beneficial Owner            Beneficially* Owned          Outstanding
----------------------------       ---------------------         ------------
George Christopulos (1)
3131 Teton Drive
Salt Lake City, Utah 84109              168,079(2)               16.65%

Hugh Coltharp (3)
1478 Roosevelt Avenue
Salt Lake City, Utah 84105               17,429(4)                1.73%

Jack Coombs (5)
2581 East 1300 South
Salt Lake City, Utah 84108              104,627(6)               10.36%

John Michael Coombs(7)
3098 South Highland Drive, Suite 323    306,133(8)
Salt Lake City, Utah 84106-6001                                  30.32%

Leonard W. Burningham (9)               170,000
455 East 500 South, Suite 200
Salt Lake City, Utah 84101                                       16.84%

Edward H. Hall, Jr. (10)                 55,556
252 West Cottage Avenue
Sandy, Utah 84070                                                 5.5%

All 5% or more owners, all
directors and all officers as a
group (5 persons)(9)                    821,824                 81.44%

-------------------------------

* Beneficial ownership is determined in accordance with the rules and
regulations of the Commission and generally includes voting or investment
power with respect to securities. Shares of common stock issuable upon the
exercise of options or warrants currently exercisable, or exercisable or
convertible within 60 days of our year end, are also deemed outstanding for
computing the percentage ownership of the person holding such options or
warrants but are not deemed outstanding for computing the percentage ownership
of any other person.

(1) Mr. Christopulos is the president of the Company and the chairman of the
board. He has been president of the Company since 1982.

(2) This figure includes an additional 31,392 "restricted" shares that Mr.
Christopulos acquired for services rendered in the latter part of 2003.  It
also includes all restricted and S-8 shares that Mr. Christopulos acquired in
2002 and earlier in 2003 under both our 2002 and 2003 Stock Option/Stock
Issuance Plans.

(3) Mr. Coltharp is the secretary/treasurer of the Company and a director. He
became a director in 1980.

(4) This figure includes all restricted and S-8 shares that Mr. Coltharp
acquired in 2002 and earlier in 2003 under both our 2002 and 2003 Plans.
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(5) Mr. Jack Coombs is a director and the vice president of the Company. He
became a director in 1994. He also acted as a director of the Company for a
brief time in the early 1980's.

(6) This figure includes all restricted and S-8 shares that Mr. Coombs
acquired in 2002 and earlier in 2003 under both our 2002 and 2003 Plans.

(7) Mr. John Michael Coombs has acted as our legal counsel. He is not and
never has served as an officer or director of the Company. Mr. J.M. Coombs is
also the son of director and officer, Jack Coombs.

(8) This figure includes an additional 25,684 "restricted" shares that Mr. JM
Coombs acquired for services rendered in the latter part of 2003.  If one
combines these 25,684 "restricted" shares with the 31,392 "restricted" shares
issued to Mr. Christopulos as mentioned in note 2 above, these figures add up
to 57,076 shares, the total number of shares issued to such two individuals
for services rendered by them in the latter part of 2003.  The gross or total
figure for Mr. JM Coombs in the chart also includes all restricted and S-8
shares that Mr. Coombs acquired in 2002 and earlier in 2003 under both our
2002 and 2003 Plans.

(9)  Mr. Leonard W. Burningham has acted as our outside securities counsel
over the last two or three years.  The figure beside his name represents
"restricted" shares that he acquired in February 2003 for legal services
rendered.

(10)  Mr. Edward H. Hall, Sr., acted as consultant in late 2002 and early 2003
in connection with the failed Zer transaction and was determined to be
entitled to receive shares for services rendered as a consultant, even though
that Zer transaction was never consummated.  We do not believe that any of our
officers or directors come within the definition of a "promoter" as defined in
Rule 405 of the General Rules and Regulations of the Commission, 17 CFR
Section 230.405.

We deny that any person other than those persons identified above "controls",
or has the power to "control," the Company as contemplated in the "control
person" provisions of both state and federal securities laws and as the word
"control" is further defined in Rule 405.
Equity Compensation Plan Information

  The following table sets forth certain information regarding our equity
compensation plans as of December 31, 2003.

                         Number of      Weighted-average  Number of securities
                       securities to     exercise price   remaining available
                       be issued upon    of outstanding   for future issuance
                      exercise of out   options, warrants   under equity
                      standing options,    and rights      compensation plans
                    warrants and rights

Equity compensation
plans approved by
security holders             0                     0              0

Equity compensation
Plan for 2002 not     25,000 (see Item    $0.175 per share      75,000
approved by           10 above)
security holders

Equity compensation   645,764 (see Item   $0.10 per share  None; all shares
Plan for 2003 not     10 above)                            issuable under the
approved by security                                       2003 Plan have been
holders                                                    issued

Total                 670,764           $0.1028 per share  75,000 left under
                                                           2002 Plan

    For information and a description concerning our equity compensation
plans for 2002 and 2003, both of which are identical other than the number of
shares that can be issued thereunder, reference is made to the subcategory
above titled "2003 STOCK OPTION/STOCK ISSUANCE PLAN" under Item 1 above titled
"Description of Business."  Reference is also made to the Plans themselves.
                                32
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ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

We have not been a party to any transaction, or proposed transaction, in which
any director, executive officer, or principal shareholder had or will have a
direct or indirect material interest, where:

(1) the amount involved in the transaction or series of similar transactions
exceeds $60,000; or (2) the person's interest arises solely from the ownership
of our securities, and the person receives no extra or special benefit not
shared equally (pro rata) by all holders of the same class of securities. In
this regard, the dollar value of the total of 593,687 shares issued to
officers, directors, a consultant and the Company's counsel for fiscal 2003,
an issuance valued at 10 cents per share, totals $59,368.70. This figure is
arrived at by adding 57,076 shares to the figure of 536,611 shares that were
earned and issued in February 2003.  During the fiscal year, our officers and
directors have received a material benefit, namely, shares of our stock not
shared by all other holders of the same class of securities; however, this is
because they received such stock for services rendered the Company, services
not rendered by any other shareholder or person.

Our Board of Directors has not adopted or approved any policy regarding future
transactions with related third parties.  This is because the Revised Utah
Business Corporations Act contains provisions which address and govern this
issue.

ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K.

                     Reports on Form 8-K.

On or about July 21, 2003, we filed a Form 8-K announcing a change of
auditors.  Our current auditors a Pritchett Siler & Hardy located in Salt Lake
City, Utah.
                           Exhibits.

14                    Code of Ethics

31                    302 Certification of Geroge Christopulos

32.1                  906 Certification of George Christopulos

32.2                  906 Certification of Hugh Coltharp

The following Exhibits are incorporated by reference as a part of this Annual
Report on Form 10-KSB:

3.1                   Amended and Restated Articles of Incorporation, which
                      were filed as an exhibit to our Schedule 14C
                      Definitive Information Statement filed on EDGAR on
                      August 4, 2003

3.2                   Bylaws, which were filed as an exhibit to our Form 10-
                      SB.

10.1                  2002 Stock Option/Stock Issuance Plan, which was filed
                      as an exhibit to our Annual Report on Form 10-KSB for
                      the year ended December 31, 2001.

10.2                  2003 Stock Option/Stock Issuance Plan, which was filed
                      as an exhibit to our Annual Report on Form 10-KSB for
                      the year ended December 31, 2002.

ITEM 14.    PRINCIPAL ACCOUNTANT FEES AND SERVICES

  AUDIT AND NON-AUDIT FEES

  Aggregate fees for professional services rendered for us by Pritchett
Siler & Hardy, for the fiscal year ended December 31, 2003 and by Hansen
Barnett & Maxwell, Certified Public Accountants, for the fiscal year ended
December 31, 2002, are set forth below.  The aggregate fees included in the
Audit category are fees billed for the fiscal years for the audit of our
annual financial statements and review of financial statements and statutory
and regulatory filings or engagements.  The aggregate fees included in each of
the other categories are fees billed in the fiscal years.  (All reference to
"$" in this Annual Report are to United States dollars.)

                      FISCAL YEAR 2003         FISCAL YEAR 2002
AUDIT FEES                 $    7,474               $    3,500
AUDIT-RELATED FEES         $    1,720               $    1,476
TAX FEES                   $    1,045               $      460
ALL OTHER FEES             $        0               $        0
  TOTAL                    $   10,239               $    5,436

Audit fees for the fiscal years ended December 31, 2003 and 2002, were for
professional services rendered for the audits of the consolidated financial
statements of the Company, quarterly review of the financial statements
included in Quarterly Reports on Form 10-Q, consents, and other assistance
required to complete the year end audit of the consolidated financial
statements.

  Audit-Related Fees as of the fiscal years ended December 31, 2003 and
2002 were for assurance and related services reasonably related to the
performance of the audit or review of financial statements and not reported
under the caption Audit Fees.

  Tax Fees as of the fiscal years ended September 30, 2003 and 2002 were
for professional services related to tax compliance, tax authority audit
support and tax planning.

  There were no fees that were classified as All Other Fees as of the
fiscal years ended December 31, 2003 and 2002.

  As we do not have a formal audit committee (see end of Item 9 above),
the services described above were not approved by the audit committee under
the de minimus exception provided by Rule 2-01(c)(7)(i)(C) under Regulation S-
X.  Further, as we do not have a formal audit committee, we do not have audit
committee pre-approval policies and procedures.
                              33
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                          SIGNATURES

In accordance with the provisions of the Securities and Exchange Act of 1934
and the rules and regulations promulgated thereunder, Tintic Gold Mining
Company has duly caused this Annual Report on Form 10-KSB for its fiscal year
ended December 31, 2003, to be signed on its behalf by the undersigned,
thereunto duly authorized.

              TINTIC GOLD MINING COMPANY, Issuer

                           /s/ George P. Christopulos
                           ---------------------------------
                           George P. Christopulos
                           Chairman of the Board, President, CEO
                           and Chief Financial Officer (CFO)
                           Dated:  March 8, 2004



                           /s/ Hugh N. Coltharp
                           ---------------------------------
                           Hugh N. Coltharp
                           Secretary/Treasurer and director
                           Dated:  March 8, 2004

                               34

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