UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
DC 20549



FORM
10-Q



|[X]      | Quarterly
    Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|-------- | -------------------------------------------------------------------------------------------
|         |                                                                                            
|         | For
    the quarterly period ended October 31, 2010                                        
|         |                                                                                            
|[ 
    ] | Transition
    Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934       
|         |                                                                                            
|         | For
    the transition period  to __________                                               
|         |                                                                                            
|         | Commission
    File Number: 333-146442                                                     



Goldspan
Resources, Inc.(Exact name of small business issuer as specified in its charter)



|Nevada                                                             | 26-3342907                           
|------------------------------------------------------------------ | -------------------------------------
|(State
    or other jurisdiction of incorporation or organization) | (IRS
    Employer Identification No.)
|                                                                   |                                      



|836
    Fernbrook Court, Vacaville, CA 95687
|--------------------------------------------
|(Address
    of principal executive offices)



|707.469.8732                                                                                                                                
|--------------------------------------------------------------------------------------------------------------------------------------------
|(Issuer’s
    telephone number)                                                                                                             
|                                                                                                                                            
|_______________________________________________________________                                                                             
|(Former
                                                          name, former address and former fiscal year, if changed since last report)



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days [ ] Yes [X] No



Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). [ ] Yes [X] No



Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company.



|[
    ] Large accelerated filer | [
    ] Accelerated filer        
|------------------------------- | ---------------------------------
|[
    ] Non-accelerated filer   | [X]
    Smaller reporting company



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). [X] Yes [ ] No



Indicate
the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 63,199,631
as of June 22, 2012.




Table of Contents




|                                   | TABLE OF CONTENTS                                                                         |     
|---------------------------------- | ----------------------------------------------------------------------------------------- | ----
|                                   |                                                                                           | Page
|                                  
|PART
    I – FINANCIAL INFORMATION
|                                  
|Item
    1:                        | Financial
    Statements                                                                  | 3   
|Item
    2:                        | Management’s
    Discussion and Analysis of Financial Condition and Results of Operations | 4   
|Item
    3:                        | Quantitative
    and Qualitative Disclosures About Market Risk                            | 6   
|Item
    4:                        | Controls
    and Procedures                                                               | 6   
|                                  
|PART
    II – OTHER INFORMATION   
|                                  
|Item
    1:                        | Legal
    Proceedings                                                                     | 7   
|Item
    1A:                       | Risk
    Factors                                                                          | 7   
|Item
    2:                        | Unregistered
    Sales of Equity Securities and Use of Proceeds                           | 7   
|Item
    3:                        | Defaults
    Upon Senior Securities                                                       | 7   
|Item
    4:                        | Mine
    Safety Disclosures                                                               | 7   
|Item
    5:                        | Other
    Information                                                                     | 7   
|Item
    6:                        | Exhibits                                                                                  | 7   

2


Table of Contents




PART
I - FINANCIAL INFORMATION



Item
1.	     Financial Statements



Our
financial statements included in this Form 10-Q are as follows:



|F-1 | Balance Sheets as of October 31, 2010 and July 31, 2010 (unaudited);                                                                                                       
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|F-2 | Statements
    of Operations for the three months ended October 31, 2010 and October 31, 2009 and from Inception on March 2, 2007 through
    October 31, 2010 (unaudited);
|F-3 | Statement of Stockholders’
    Deficit from inception on March 2, 2007 through October 31, 2010 (unaudited);                                                               
|F-4 | Statements of Cash Flows
    for the three months ended October 31, 2010 and October 31, 2009 and from Inception on March 2, 2007 through October 31, 2010
    (unaudited);
|F-5 | Notes
    to Financial Statements.                                                                                                                                         



These
financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America
for interim financial information and the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered
necessary for a fair presentation and for the financial statements to be not misleading have been included. Operating results
for the interim period ended October 31, 2010 are not necessarily indicative of the results that can be expected for the full
year.



3


Table of Contents




GOLDSPAN
RESOURCES, INC.

(An
Exploration Stage Company)

Balance
Sheets

(unaudited)



|ASSETS                                                                                                                              
|------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                    
|                                                                                                                                    
|                                                                                                                                    
|                                                                                                                                    
|CURRENT ASSETS                                                                                                                      
|                                                                                                                                    
|Cash                                                                                                                                
|Prepaids                                                                                                                            
|                                                                                                                                    
|Total Current Assets                                                                                                                
|                                                                                                                                    
|TOTAL ASSETS                                                                                                                        
|                                                                                                                                    
|                                                                                                                                    
|LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                               
|                                                                                                                                    
|CURRENT LIABILITIES                                                                                                                 
|                                                                                                                                    
|Accounts payable                                                                                                                    
|Loan from shareholder                                                                                                               
|                                                                                                                                    
|Total Current Liabilities                                                                                                           
|                                                                                                                                    
|STOCKHOLDERS' DEFICIT                                                                                                               
|                                                                                                                                    
|Common stock: $0.001 par value; 400,000,000 shares authorized; 61,449,631 and 43,449,631 shares issued and outstanding, respectively
|Additional paid-in capital                                                                                                          
|Deficit accumulated during the exploration stage                                                                                    
|                                                                                                                                    
|Total Stockholders' Deficit                                                                                                         
|TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                         









The
accompanying notes are an integral part of these financial statements.



F-1


Table of Contents


GOLDSPAN
RESOURCES, INC.(An Exploration Stage Company)
Statements of Operations
(unaudited)









|                                              |  |               |            |               |  | From Inception
|--------------------------------------------- |  | ------------- | ---------- | ------------- |  | --------------
|                                              |  | For the Three |            | For the Three |  | on March 2,   
|                                              |  | Months Ended  |            | Months Ended  |  | 2007 Through  
|                                              |  | October 31,   |            | October 31,   |  | October 31,   
|                                              |  | 2010          |            | 2009          |  | 2010          
|                                              |  |               |            |               |  |               
|REVENUES                                      |  | $             | —          |               |  | $             
|                                              |  |               |            |               |  |               
|OPERATING EXPENSES                            |  |               |            |               |  |               
|                                              |  |               |            |               |  |               
|Management fees                               |  |               | 18,000     |               |  |               
|Professional fees                             |  |               | 157,185    |               |  |               
|General and administrative                    |  |               | 161        |               |  |               
|                                              |  |               |            |               |  |               
|Total Operating Expenses                      |  |               | 175,346    |               |  |               
|                                              |  |               |            |               |  |               
|LOSS FROM OPERATIONS                          |  |               | (175,346   | )             |  |               
|                                              |  |               |            |               |  |               
|OTHER INCOME/EXPENSE                          |  |               |            |               |  |               
|                                              |  |               |            |               |  |               
|Extinguishment of Debt                        |  |               | —          |               |  |               
|                                              |  |               |            |               |  |               
|LOSS BEFORE INCOME TAXES                      |  |               | (175,346   | )             |  |               
|                                              |  |               |            |               |  |               
|PROVISION FOR INCOME TAXES                    |  |               | —          |               |  |               
|                                              |  |               |            |               |  |               
|NET LOSS                                      |  | $             | (175,346   | )             |  | $             
|                                              |  |               |            |               |  |               
|BASIC AND DILUTED LOSS PER SHARE              |  | $             | (0.00      | )             |  | $             
|                                              |  |               |            |               |  |               
|WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING |  |               | 47,049,631 |               |  |               







The
accompanying notes are a integral part of these financials statements.



F-2


Table of Contents


GOLDSPAN
RESOURCES, INC.(An Exploration Stage Company)
Statement of Stockholders' Deficit
(unaudited)









|                                                             |  |  |              |   |  |            |         | Deficit     |  |  
|------------------------------------------------------------ |  |  | ------------ | - |  | ---------- | ------- | ----------- |  | -
|                                                             |  |  |              |   |  |            |         | Accumulated |  |  
|                                                             |  |  |              |   |  | Additional |         | During the  |  |  
|                                                             |  |  | Common Stock |   |  |            | Paid-In |             |  |  
|                                                             |  |  | Shares       |   |  |            | Amount  |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Balance, March 2, 2007                                       |  |  | —            |   |  | $          | —       |             |  | $
|                                                             |  |  |              |   |  |            |         |             |  |  
|Shares issued for cash at $0.001 per share to the founders   |  |  | 34,953,602   |   |  |            | 5,500   |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Shares issued for cash at $0.0075 per share on June 24, 2000 |  |  | 15,856,224   |   |  |            | 2,495   |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Shares issued for cash at $0.20 per share on June 29, 2007   |  |  | 311,405      |   |  |            | 49      |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Net loss for the period ended July 31, 2007                  |  |  | —            |   |  |            | —       |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Balance, July 31, 2007                                       |  |  | 51,121,231   |   |  |            | 8,044   |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Net loss for the year ended July 31, 2008                    |  |  | —            |   |  |            | —       |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Balance, July 31, 2008                                       |  |  | 51,121,231   |   |  |            | 8,044   |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Shares issued for cash at $0.01 per share on                 |  |  | 4,766,400    |   |  |            | 750     |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Shares cancelled in spin off on August 26, 2008              |  |  | (15,888,000  | ) |  |            | (2,500  | )           |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Net loss for year ended July 31, 2009                        |  |  | —            |   |  |            | —       |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Balance, July 31, 2009                                       |  |  | 39,999,631   |   |  |            | 6,294   |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Effect of forward stock split                                |  |  |              |   |  |            | 33,706  |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Shares issued for services at $0.13 per share                |  |  | 3,450,000    |   |  |            | 3,450   |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Contributed capital                                          |  |  | —            |   |  |            | —       |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Net loss for the year ended July 31, 2010                    |  |  |              |   |  |            |         |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Balance, July 31, 2010                                       |  |  | 43,449,631   |   |  |            | 43,450  |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Shares issued for services at $.001 per share                |  |  | 18,000,000   |   |  |            | 18,000  |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Net loss for the three months ended October 31, 2010         |  |  | —            |   |  |            | —       |             |  |  
|                                                             |  |  |              |   |  |            |         |             |  |  
|Balance, October 31, 2010                                    |  |  | 61,449,631   |   |  | $          | 61,450  |             |  | $





The
accompanying notes are an integral part of these financial statements.



F-3


Table of Contents


GOLDSPAN
RESOURCES, INC.(An Exploration Stage Company)
Statements of Cash Flows
(unaudited)





|                                                                                      |  |               |          |               |  | From Inception
|------------------------------------------------------------------------------------- |  | ------------- | -------- | ------------- |  | --------------
|                                                                                      |  | For the Three |          | For the Three |  | on March 2,   
|                                                                                      |  | Months Ended  |          | Months Ended  |  | 2007 Through  
|                                                                                      |  | October 31,   |          | October 31,   |  | October 31,   
|                                                                                      |  | 2010          |          | 2009          |  | 2010          
|                                                                                      |  |               |          |               |  |               
|OPERATING ACTIVITIES                                                                  |  |               |          |               |  |               
|                                                                                      |  |               |          |               |  |               
|Net loss                                                                              |  | $             | (175,346 | )             |  | $             
|Adjustments to reconcile net income to net cash provided by operating
    activities: |  |               |          |               |  |               
|Issuance of common stock for services                                                 |  |               | 173,179  |               |  |               
|Changes in operating assets and liabilities:                                          |  |               |          |               |  |               
|Increase (decrease) in accounts payable                                               |  |               | 2,006    |               |  |               
|                                                                                      |  |               |          |               |  |               
|Net Cash Used in Operating Activities                                                 |  |               | (161     | )             |  |               
|                                                                                      |  |               |          |               |  |               
|INVESTING ACTIVITIES                                                                  |  |               | —        |               |  |               
|                                                                                      |  |               |          |               |  |               
|FINANCING ACTIVITIES                                                                  |  |               |          |               |  |               
|Increase in loan from shareholder                                                     |  |               | 0        |               |  |               
|Repayment of shareholder loans                                                        |  |               | 0        |               |  |               
|Proceeds from common stock issued                                                     |  |               | —        |               |  |               
|                                                                                      |  |               |          |               |  |               
|Net Cash Provided by  Financing Activities                                            |  |               | —        |               |  |               
|                                                                                      |  |               |          |               |  |               
|NET DECREASE IN CASH                                                                  |  |               | (161     | )             |  |               
|                                                                                      |  |               |          |               |  |               
|CASH AT BEGINNING OF PERIOD                                                           |  |               | 161      |               |  |               
|                                                                                      |  |               |          |               |  |               
|CASH AT END OF PERIOD                                                                 |  | $             | —        |               |  | $             
|                                                                                      |  |               |          |               |  |               
|SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION                                     |  |               |          |               |  |               
|                                                                                      |  |               |          |               |  |               
|CASH PAID FOR:                                                                        |  |               |          |               |  |               
|                                                                                      |  |               |          |               |  |               
|Interest                                                                              |  | $             | —        |               |  | $             
|Income Taxes                                                                          |  | $             | —        |               |  | $             
|                                                                                      |  |               |          |               |  |               
|SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:                             |  |               |          |               |  |               
|                                                                                      |  |               |          |               |  |               
|Common stock issued for prepaid consulting                                            |  | $             | —        |               |  |               
|Common stock issued for management fees                                               |  |               | 18,000   |               |  |               
|Shareholder loan converted to contributed capital                                     |  | $             | —        |               |  | $             
|Accounts payable converted to contributed capital                                     |  | $             | —        |               |  | $             



The
accompanying notes are an integral part of these financial statements.



F-4


Table of Contents




GOLDSPAN
RESOURCES, INC.

Notes
to Financial Statements

October
31, 2010 and July 31, 2010





NOTE 1 – CONDENSED FINANCIAL STATEMENTS



The accompanying financial statements have
been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring
adjustments) necessary to present fairly the financial position, results of operations, and cash flows at October 31, 2010 and
for all periods presented herein, and for them to be not misleading, have been made.



Certain information and footnote disclosures
normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States
of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with
the financial statements and notes thereto included in the Company’s July 31, 2010 audited financial statements. The results
of operations for the periods ended October 31, 2010 are not necessarily indicative of the operating results for the full year.





NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES



Use of Estimates



The preparation of financial statements in
conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.



Recent Accounting Pronouncements



No recent accounting standards or interpretations
issued or recently adopted are expected to have a material impact on the Company’s financial position, operations or cash
flows.





NOTE 3 – SIGNIFICANT TRANSACTIONS



Effective September 15, 2010 Leon Caldwell
resigned as CFO and Barbara Erdmann resigned as Secretary.





F-5


Table of Contents




NOTE 4 – SUBSEQUENT EVENTS



Effective November 22, 2010 John Baird resigned
as the Chairman of the Board.



Effective April 28th, 2011 Vincent
Franzone and Fred Jackson, Jr. resigned from their positions and appointed Robert W. George II as Chairman of the Board, CEO and
President and James McLaughlin as CFO and Secretary.



On March 26, 2012, the board of directors appointed the following
new officers and directors:



· David Hedderly-Smith – Chief Executive Officer and
Chairman of the Board

· Robert W. George II – Director and President

· James McLaughlin – Director, Chief Financial Officer,
and Treasurer

· David Saykally – Director and Secretary



Concurrently, Robert W. George II resigned as CEO and as the Chairman
of the Board.



On April 5, 2012, we entered into a
non-binding letter of intent with Alix Resources Corp. (“Alix”) for the potential purchase of an option to
acquire a 60% ownership interest in certain mineral properties known as the “Golden Zone Property” located in the
State of Alaska (the “Property”). The Property is located along the south flank of the Alaska Range 15 miles west
of the Parks Highway, approximately halfway between the cities of Anchorage and Fairbanks. Alix has the existing option on
the Property (the “Underlying Option”) which was entered into in September of 2010 with Hidefield Gold Inc. and
Mines Trust Company (collectively the "Owners") whereby Alix can earn up to a 70% interest in the Property.



The letter of intent contemplates the sale
of an option to us which, when exercised in conjunction with the Underlying Option held by Alix, will result in our ownership of
60% of the Property, with Alix retaining 10% ownership.



F-6


Table of Contents


Item
2.     Management’s Discussion and Analysis or Plan of Operation



Forward-Looking
Statements



Certain
statements, other than purely historical information, including estimates, projections, statements relating to our business plans,
objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking
statements.” Forward-looking statements are based on current expectations and assumptions that are subject to risks and
uncertainties which June cause actual results to differ materially from the forward-looking statements. Our
ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have
a material adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes
in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted
accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue
reliance should not be placed on such statements.



Company
Overview and Plan of Operations



We
were incorporated on March 2, 2007, under the laws of the state of Nevada.



On April
5, 2012, we entered into a non-binding letter of intent with Alix Resources Corp. (“Alix”) for the potential purchase
of an option to acquire a 60% ownership interest in certain mineral properties known as the “Golden Zone Property”
located in the State of Alaska (the “Property”). The Property is located along the south flank of the Alaska Range
15 miles west of the Parks Highway, approximately halfway between the cities of Anchorage and Fairbanks. Alix has the existing
option on the Property (the “Underlying Option”) which was entered into in September of 2010 with Hidefield Gold Inc.
and Mines Trust Company (collectively the "Owners") whereby Alix can earn up to a 70% interest in the Property.



The letter
of intent contemplates the sale of an option to us which, when exercised in conjunction with the Underlying Option held by Alix,
will result in our ownership of 60% of the Property, with Alix retaining 10% ownership.



The
letter of intent contemplates the sale of an option to us which, when exercised in conjunction with the Underlying Option held
by Alix, will result in our ownership of 60% of the Property, with Alix retaining 10% ownership. In order to maintain our rights
under the contemplated option agreement and ultimately exercise the option, the letter of intent contemplates that we will make
the following payments:



| | a) | pay
                                                                                                                                Alix
                                                                                                                                Resources
                                                                                                                                an
                                                                                                                                amount
                                                                                                                                of
                                                                                                                                CDN
                                                                                                                                $1,000,000
                                                                                                                                as
                                                                                                                                follows:
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | i) | an
                                                                                                                               initial
                                                                                                                               amount
                                                                                                                               of
                                                                                                                               CDN
                                                                                                                               $200,000
                                                                                                                               upon
                                                                                                                               execution
                                                                                                                               of
                                                                                                                               the
                                                                                                                               Definitive
                                                                                                                               Agreement;
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | ii) | an
                                                                                                                                additional
                                                                                                                                amount
                                                                                                                                of
                                                                                                                                CDN
                                                                                                                                $300,000
                                                                                                                                on
                                                                                                                                or
                                                                                                                                before
                                                                                                                                that
                                                                                                                                date
                                                                                                                                which
                                                                                                                                is
                                                                                                                                12
                                                                                                                                months
                                                                                                                                from
                                                                                                                                the
                                                                                                                                date
                                                                                                                                of
                                                                                                                                the
                                                                                                                                Definitive
                                                                                                                                Agreement;
                                                                                                                                and
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | iii) | the
                                                                                                                                 remaining
                                                                                                                                 amount
                                                                                                                                 of
                                                                                                                                 CDN
                                                                                                                                 $500,000
                                                                                                                                 on
                                                                                                                                 or
                                                                                                                                 before
                                                                                                                                 that
                                                                                                                                 date
                                                                                                                                 which
                                                                                                                                 is
                                                                                                                                 24
                                                                                                                                 months
                                                                                                                                 from
                                                                                                                                 the
                                                                                                                                 date
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 Definitive
                                                                                                                                 Agreement;
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | b) | fund
                                                                                                                                CDN
                                                                                                                                $3,500,000
                                                                                                                                in
                                                                                                                                exploration
                                                                                                                                expenditures
                                                                                                                                as
                                                                                                                                follows:
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | i) | an
                                                                                                                               initial
                                                                                                                               amount
                                                                                                                               of
                                                                                                                               CDN
                                                                                                                               $1,500,000
                                                                                                                               on
                                                                                                                               or
                                                                                                                               before
                                                                                                                               that
                                                                                                                               date
                                                                                                                               which
                                                                                                                               is
                                                                                                                               12
                                                                                                                               months
                                                                                                                               from
                                                                                                                               the
                                                                                                                               date
                                                                                                                               of
                                                                                                                               the
                                                                                                                               Definitive
                                                                                                                               Agreement;
                                                                                                                               and
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | ii) | the
                                                                                                                                remaining
                                                                                                                                CDN
                                                                                                                                $2,000,000
                                                                                                                                on
                                                                                                                                or
                                                                                                                                before
                                                                                                                                that
                                                                                                                                date
                                                                                                                                which
                                                                                                                                is
                                                                                                                                24
                                                                                                                                months
                                                                                                                                from
                                                                                                                                the
                                                                                                                                date
                                                                                                                                of
                                                                                                                                the
                                                                                                                                Definitive
                                                                                                                                Agreement;
                                                                                                                                and
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | c) | assume
                                                                                                                                all
                                                                                                                                payment
                                                                                                                                obligations
                                                                                                                                of
                                                                                                                                the
                                                                                                                                Alix
                                                                                                                                Group
                                                                                                                                under
                                                                                                                                the
                                                                                                                                Underlying
                                                                                                                                Agreement,
                                                                                                                                including
                                                                                                                                but
                                                                                                                                not
                                                                                                                                limited
                                                                                                                                to:
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

4


Table of Contents




| | i) | all
                                                                                                                               outstanding
                                                                                                                               and
                                                                                                                               ongoing
                                                                                                                               cash
                                                                                                                               payments
                                                                                                                               required
                                                                                                                               under
                                                                                                                               Section
                                                                                                                               2.3
                                                                                                                               of
                                                                                                                               the
                                                                                                                               Underlying
                                                                                                                               Agreement;
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | ii) | all
                                                                                                                                outstanding
                                                                                                                                and
                                                                                                                                ongoing
                                                                                                                                share
                                                                                                                                issuance
                                                                                                                                obligations
                                                                                                                                under
                                                                                                                                Section
                                                                                                                                2.3
                                                                                                                                of
                                                                                                                                the
                                                                                                                                Underlying
                                                                                                                                Agreement,
                                                                                                                                such
                                                                                                                                that
                                                                                                                                Goldspan
                                                                                                                                shall
                                                                                                                                issue
                                                                                                                                securities
                                                                                                                                in
                                                                                                                                its
                                                                                                                                capital
                                                                                                                                in
                                                                                                                                lieu
                                                                                                                                and
                                                                                                                                in
                                                                                                                                replacement
                                                                                                                                of
                                                                                                                                Alix
                                                                                                                                Resources
                                                                                                                                issuing
                                                                                                                                securities
                                                                                                                                in
                                                                                                                                its
                                                                                                                                respective
                                                                                                                                capital;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | iii) | all
                                                                                                                                 cash
                                                                                                                                 payment
                                                                                                                                 and
                                                                                                                                 share
                                                                                                                                 issuance
                                                                                                                                 obligations
                                                                                                                                 under
                                                                                                                                 Section
                                                                                                                                 2.8
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 Underlying
                                                                                                                                 Agreement,
                                                                                                                                 such
                                                                                                                                 that
                                                                                                                                 Goldspan
                                                                                                                                 shall
                                                                                                                                 issue
                                                                                                                                 securities
                                                                                                                                 in
                                                                                                                                 its
                                                                                                                                 capital
                                                                                                                                 in
                                                                                                                                 lieu
                                                                                                                                 and
                                                                                                                                 in
                                                                                                                                 replacement
                                                                                                                                 of
                                                                                                                                 Alix
                                                                                                                                 Resources
                                                                                                                                 issuing
                                                                                                                                 securities
                                                                                                                                 in
                                                                                                                                 its
                                                                                                                                 respective
                                                                                                                                 capital;
                                                                                                                                 and
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | iv) | all
                                                                                                                                lease
                                                                                                                                payments,
                                                                                                                                taxes
                                                                                                                                or
                                                                                                                                other
                                                                                                                                amounts
                                                                                                                                payable
                                                                                                                                to
                                                                                                                                the
                                                                                                                                State
                                                                                                                                of
                                                                                                                                Alaska
                                                                                                                                or
                                                                                                                                other
                                                                                                                                governmental
                                                                                                                                authorities
                                                                                                                                with
                                                                                                                                respect
                                                                                                                                to
                                                                                                                                the
                                                                                                                                Property.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



Alix
is required to notify the Owners of the Property of the letter of intent. Upon exercise of our option, the Owners will have the
option to form a joint venture with us and Alix or sell their remaining 30% interest in the Property in exchange for an overriding
perpetual royalty equal to 2.5% of the net smelter returns.



The
letter of intent is non-binding and conditional upon the parties’ entry into a definitive agreement, the completion of our
due diligence on the Property, and the approval of the Owners and any necessary regulatory approvals.



Expected
Changes In Number of Employees, Plant, and Equipment



We
do not have plans to purchase any physical plant or any significant equipment or to change the number of our employees during
the next twelve months.



Results
of Operations for the three months ended October 31, 2010



We
did not earn any revenues from inception on March 2, 2007 through the period ending October 31, 2010. We can provide no assurance
that we will produce significant revenues in the future, or, if revenues are earned, that we will be profitable.



We
incurred operating expenses of $642,309 and net losses in the amount of $641,309 from our inception on March 2, 2007 through the
period ending October 31, 2010.  We incurred operating expenses and net losses in the amount of $175,346 during the
three months ended October 31, 2010, compared to operating expenses and net losses in the amount of $6,200 during the three months
ended October 31, 2009. Our operating expenses for the three months ended October 31, 2010 included $155,179 for investor relations,
legal fees of $2,006, management fees of $18,000 and office expenses of $161. By way of comparison our operating expenses for
the three months ended October 31, 2009 included auditing fees of $3,500, officer and director expenses of $1,640, auto expense
of $605, lodging and meals of $201 and office expenses of $636.  Our losses are attributable to our operating expenses
combined with a lack of any revenues during our current stage of development.



Liquidity
and Capital Resources



As
of October 31, 2010, we had no cash and no current assets. We had current liabilities and a working capital deficit of $56,527.
We will require significant financing in order to perform the terms of the purchase transaction for the Golden Zone Property as
contemplated by the Letter of Intent. We do not have any formal commitments or arrangements for the sales of stock or the advancement
or loan of funds at this time. There can be no assurance that such additional financing will be available to us on acceptable
terms, or at all.



Off
Balance Sheet Arrangements



As
ofOctober 31, 2010, there were no off balance sheet arrangements.

5


Table of Contents


Going
Concern



Our
financial statements have been prepared on a going concern basis. As of October 31, 2010, we had a working capital deficit of
$56,527 and an accumulated deficit of $641,309 since inception. Our ability to continue as a going concern is dependent upon our
ability to generate profitable operations in the future and/or to obtain the necessary financing to meet our obligations and repay
our liabilities arising from normal business operations when they come due. The outcome of these matters cannot be predicted with
any certainty at this time. These factors raise substantial doubt that we will be able to continue as a going concern. Management
plans to continue to provide for our capital needs by the issuance of common stock and related party advances.



Critical
Accounting Policies



In
December 2001, the SEC requested that all registrants list their most “critical accounting polices” in the Management
Discussion and Analysis. The SEC indicated that a “critical accounting policy” is one which is both important to the
portrayal of a company’s financial condition and results, and requires management’s most difficult, subjective or
complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain.
We do not believe that any accounting policies fit this definition for our company.



Recently
Issued Accounting Pronouncements



No
recent accounting standards or interpretations issued or recently adopted are expected to have a material impact on the Company’s
financial position, operations or cash flows.



Item
3.     Quantitative and Qualitative Disclosures About Market Risk



A
smaller reporting company is not required to provide the information required by this Item.



Item
4.     Controls and Procedures

We carried out an evaluation of the effectiveness of the design and operation
of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of October 31, 2010. This
evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and Chief Financial
Officer. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of October 31,
2010, our disclosure controls and procedures were not effective. There have been no changes in our internal controls over financial
reporting during the quarter ended October 31, 2010.



Management
determined that the material weaknesses that resulted in controls being ineffective are primarily due to lack of resources and
number of employees. Material weaknesses exist in the segregation of duties required for effective controls and various reconciliation
and control procedures not regularly performed due to the lack of staff and resources.



Disclosure
controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed
in our reports filed or submitted under the Exchange Act are recorded, processed, summarized and reported, within the time periods
specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures
designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated
to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required
disclosure.

6


Table of Contents


Limitations
on the Effectiveness of Internal Controls



Our
management does not expect that our disclosure controls and procedures or our internal control over financial reporting will necessarily
prevent all fraud and material error.   Further, the design of a control system must reflect the fact that there are
resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations
in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud,
if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making
can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by
the individual acts of some persons, by collusion of two or more people, or by management override of the internal control. The
design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there
can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time,
control may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may
deteriorate.



PART
II – OTHER INFORMATION



Item
1.     Legal Proceedings



We
are not a party to any pending legal proceeding. We are not aware of any pending legal proceeding to which any of our officers,
directors, or any beneficial holders of 5% or more of our voting securities are adverse to us or have a material interest adverse
to us.



Item
1A. Risk Factors



A
smaller reporting company is not required to provide the information required by this Item.



Item
2.     Unregistered Sales of Equity Securities and Use of Proceeds



None



Item
3.     Defaults upon Senior Securities



None



Item
4.     Mine Safety Disclosures



Not
applicable.



Item
5.     Other Information



None.



Item
6.      Exhibits



|Exhibit
    Number | Description
                                                                      of Exhibit                                                                                         
|------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|31.1               | Certification
    of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act
    of 2002                            
|31.2               | Certification
    of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act
    of 2002                            
|32.1               | Certification
    of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section
    906 of the Sarbanes-Oxley Act of 2002



7


Table of Contents


SIGNATURES



Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.





|    | Goldspan
    Resources, Inc.                                     
|--- | -----------------------------------------------------------------
|    |                                                                  
|By: | /s/
    David Hedderly-Smith                                     
|    | David Hedderly-Smith
        Chief
Executive Officer and Director
|    | July 6, 
    2012                                                

By:
    /s/
    James McLaughlinJames McLaughlin
        Chief
Financial Officer and DirectorJuly 6, 
    2012






    8