| (x) | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES ACT OF 1934 |
|-----|------------------------------------------------------------------------------|

|   | For the fiscal year ended :  August 31, 2010 |
|--------|--------------------------------------------------------|

| ( ) | TRANSACTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|-----|-------------------------------------------------------------------------------------------|

|   | For the transaction period from_____to______                                                        |
|--------|-----------------------------------------------------------------------------------------------------|
|   | Commission File number:           333-108218 |

| STANFORD MANAGEMENT LTD.                           |
|----------------------------------------------------|
| (Exact name of registrant as specified in charter) |

| Delaware                                                     | 98-0413066                           |
|--------------------------------------------------------------|--------------------------------------|
| State or other jurisdiction of incorporation or organization | (I.R.S. Employee Identification No.) |

|           2431 M. de la Cruz Street          Pasay City, Philippines                                            |       |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|
|        (Address of principal executive offices)                                                                                                                                                                                                                                                                                                                                                         | (Zip Code) |

|   |   |
|--------|--------|

|        Registrant’s telephone number, including area code:                                                                                      011-632-813-1139 |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Securities registered pursuant to section 12 (b) of the Act: |
|--------|--------------------------------------------------------------|

| Title of each share                                  | Name of each exchange on which registered |
|------------------------------------------------------|-------------------------------------------|
|         None | None                                      |

|   | Securities registered pursuant to Section 12 (g) of the Act: |
|--------|--------------------------------------------------------------|

| None             |
|------------------|
| (Title of Class) |

----

----

| PART 1     |                                                                                                               | Page     |
|------------|--------------------------------------------------------------------------------------------------------------------|----------|
|       |                                                                                                               |     |
| ITEM 1.    | Business.                                                                                                          | 4        |
|       |                                                                                                               |     |
| ITEM 1A.   | Risk Factors.                                                                                                      | 5        |
|       |                                                                                                               |     |
| ITEM 1B.   | Unresolved Staff Comments.                                                                                         | 8        |
|       |                                                                                                               |     |
| ITEM 2.    | Properties.                                                                                                        | 8        |
|       |                                                                                                               |     |
| ITEM 3.    | Legal Proceedings.                                                                                                 | 13       |
|       |                                                                                                               |     |
| ITEM 4.    | Submission of Matters to Vote of Securities Holders                                                                | 13       |
|       |                                                                                                               |     |
| PART II    |                                                                                                               |     |
|       |                                                                                                               |     |
| ITEM 5.    | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchase of Equity Securities. | 13       |
|       |                                                                                                               |     |
| ITEM 6     | Selected Financial Information.                                                                                    | 13       |
|       |                                                                                                               |     |
| ITEM 7.    | Management’s Discussion and Analysis of Financial Conditions and Results of Operations.                      | 14       |
|       |                                                                                                               |     |
| ITEM 7A.   | Quantitative and Qualitative Disclosure about Market Risk.                                                         | 17       |
|       |                                                                                                               |     |
| ITEM 8.    | Financial Statement and Supplementary Data.                                                                        | 17       |
|       |                                                                                                               |     |
| ITEM 9.    | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.                              | 17       |
|       |                                                                                                               |     |
| ITEM 9A    | Controls and Procedures.                                                                                           | 18       |
|       |                                                                                                               |     |
| ITEM 9A(T) | Controls and Procedures                                                                                            | 21       |
|       |                                                                                                               |     |
| ITEM 9B    | Other information                                                                                                  | 21       |
|       |                                                                                                               |     |
| PART III   |                                                                                                               |     |
|       |                                                                                                               |     |
| ITEM 10.   | Directors, Executive Officers and Corporate Governance.                                                            | 21       |
|       |                                                                                                               |     |
| ITEM 11.   | Executive Compensation.                                                                                            | 23       |
|       |                                                                                                               |     |
| ITEM 12.   | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.                    |  25 |
|       |                                                                                                               |     |
| ITEM 13.   | Certain Relationships and Related Transactions, and Director Independence.                                         | 26       |
|       |                                                                                                               |     |
| ITEM 14    | Principal Accounting Fees and Services.                                                                            | 27       |
|       |                                                                                                               |     |
| PART IV    |                                                                                                               |     |
|       |                                                                                                               |     |
| ITEM 15.   | Exhibits, Financial Statement Schedules                                                                            | 27       |
|       |                                                                                                               |     |
|       | SIGNATURES                                                                                                         | 28       |

----

|   | ITEM 1.  BUSINESS |
|--------|-----------------------------|

----

| 1. | The Company’s share price is subject to the Penny Stock Rule which results in any broker-dealer involved in the Company’s shares having increased administrative responsibilities which has a negative effect on both the Company’s ability to raise funds and an investor’s ability to purchase or sell his shares. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The Company’s common stock is considered to be a “penny stock” because it meets one or more of the definitions in SEC Rule 3a51-1: |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)    |   | it has a price of less than five dollars per share;                                                                                                                                                                                                                         |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                        |
| (ii)   |   | it is not traded on a recognized national exchange;                                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                        |
| (iii)  |   | it is quoted on a National Association of Securities Dealers, Inc.(“NASD”) automated quotation system (NASDAQ) and has a price less than five dollars per share; or                                                                                             |
|   |   |                                                                                                                                                                                                                                                                        |
| (iv)   |   | is issued by a company with net tangible assets of less that $2,000,000, if in business more than three years continuously, or$5,000,000, if the business is less than three years continuously, or with average revenues of less than $6,000,000 for the past three years. |

----

|   | A broker-dealer has to undertake certain administrative functions required when dealing in a penny stock transaction.   Disclosure forms detailing the level of risk in acquiring the Company’s shares will have to be sent to an interested investor, current bid and offer quotations will have to be provided with an indication as to what compensation the broker-dealer and the salesperson will be receiving from this transaction and a monthly statement showing the closing month price of the shares being held by the investor.   In addition, the broker-dealer will have to receive from the investor a written agreement consenting to the transaction.  This additional administrative work might make the broker-dealer reluctant to participate in the purchase and sale of the Company’s shares. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | The Company has a limited operating history in which new investors can value the performance of the Company, its management and its future expectations. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The Company has a lack of working capital which, unless obtained on acceptable terms in the future, will inhibit its future growth strategy. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3. | The Company has incurred losses since its inception and therefore has an accumulated deficit which might inhibit the raising of additional capital. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Since inception, the Company has incurred losses and has an accumulative deficit of $368,031 as at August 31, 2010.  The Company has never generated any revenue from its business activities and has no prospect of generating any such revenue in the foreseeable future.   Those factors are expected to negatively affect the Company’s ability to raise funds from the public since there is no certainty the Company will ever be able to make a profit. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | The auditors have examined the financial statements based on the Company being a going concern but have substantial doubt that it will be able to continue as a going concern. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The Company’s auditors, Madsen & Associates CPA’s Inc., in the audited financial statements attached to its 10-K for the year ended August 31, 2010, has stated in their audit report the following: |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The auditors are concerned that the Company, without any established source of revenue and being dependent on its ability to raise capital from its shareholders or other sources might not be able to sustain operations.  If this is the case, the Company, without adequate future funding, might not be able to continue as a going concern.  This might result in the total loss of the investor’s investment. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | Absence of cash dividends may affect a shareholder’s return on investment. |
|----|----------------------------------------------------------------------------------|

| 6. | There is an absence of recent exploration activities on the San Carlos other than the preparation of a geological report containing an initial exploration program. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Since its purchase on February 2, 2008, there has been no significant exploration activity on the San Carlos, except for several properties being drilled by junior mineral exploration companies west of the claim.   The Company does not have sufficient funds to under take the exploration program recommended by Jeffrey Manalastas, Professional Geologist. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 7. | No matter how much money is spent on exploring the San Carlos there may never be an ore reserve found. |
|----|--------------------------------------------------------------------------------------------------------|

| ITEM 2. | PROPERTIES |
|---------|------------|

----

----

----

----

| Phase I                                                                                                                   |            |         |
|---------------------------------------------------------------------------------------------------------------------------|-----------------|--------------|
|                                                                                                                      | Philippine Paso | U. S. Dollar |
|                                                                                                                      |            |         |
| 1.    Geological Mapping                                                                              | 321,420         | 6,996        |
|                                                                                                                      |            |         |
| 2.    Geophysical Surveying                                                                           | 279,500         | 6,084        |
|                                                                                                                      |            |         |
|      TOTAL PHASE I                                                                               | 600,920         | 13,080       |
|                                                                                                                      |            |         |
| Phase II                                                                                                                  |            |         |
|                                                                                                                      |            |         |
| 1.    Geochemical surveying and surface sampling  (includes sample collection and assaying) | 1,155,291       | 25,147       |
|                                                                                                                      |            |         |
|      TOTAL EXPLORATION                                                                           | 1,756,211       | 38,227       |

----

| ITEM 3. | LEGAL PROCEEDINGS |
|---------|-------------------|

| ITEM 4. | SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS |
|---------|-------------------------------------------------------|

|   | PART II |
|--------|---------|

|   | ITEM 5.  MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASE OF EQUITY SECURITIES |
|--------|--------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                              |  For the year endedAugust 31, 2010                        | September 24, 1998(date of incorporation) toAugust 31, 2010                |
|-------------------------------------------------------------------|----------------------------------------------------------------|----------------------------------------------------------------------------|
|                                                              |                                                           |                                                                       |
| Revenue                                                           | $          - | $            - |
|                                                              |                                                           |                                                                       |
| Impairment on mineral claim acquisition costsExploration expenses | --                                                             | 5,00020,940                                                                |
| General and Administration                                        |   22,365                                             |  342,091                                                              |
| Net loss                                                          | (22,365)                                                       | (368,031)                                                                  |
|                                                              |                                                           |                                                                       |
| Weighted average shares outstanding (basic)                       | 52,170,000                                                     |                                                                       |
| Weighted average shares outstanding (diluted)                     | 52,170,000                                                     |                                                                       |
| Net loss per share (basic)                                        | $ (0.00)                                                       |                                                                       |
| Net loss per share (diluted)                                      | $ (0.00)                                                       |                                                                       |

| Cash and cash equivalent             | $   1,015  |   |
|--------------------------------------|--------------------------------|--------|
| Total assets                         | 1,015                          |   |
| Total liabilities                    | 157,446                        |   |
| Total Shareholders’ deficiency |   $ (157,446)        |   |

|   | ITEM 7.   MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATION |
|--------|----------------------------------------------------------------------------------------------------------------------|

| Expenditure                                                                |   | Amount                                                                   |
|----------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|
|                                                                       |   |                                                                     |
| Accounting and audit                                                       | i      |          $  7,600 |
| Bank charges and interest                                                  | ii     | 105                                                                      |
| Edgarizing                                                                 | iii    | 750                                                                      |
| Filing fees and franchise taxes                                            | iv     | 346                                                                      |
| Management fees                                                            | v      |  6,000                                                              |
| Office                                                                     | vi     | 446                                                                      |
| Rent                                                                       | vii    | 4,200                                                                    |
| Telephone                                                                  | viii   | 2,400                                                                    |
| Transfer agent's fees and interest                                         | ix     |     518                                              |
|           Total expenses |   |         $  22,365      |

|   | i. | The Company has paid its auditors, Madsen & Associates CPA’s Inc, $500 for the review of the November 30, 2009 quarterly financial statements and $600 for the six and nine months financial statements.  The Company accrued $1,250 each for the November 2009, February and May 31, 2010 for preparation of working papers for filing with the various Form 10-Qs.  In addition to the above payments, there was a charge of $2,150 for a review of the former auditor’s financial statements. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | ii. | Represents bank charges incurred during the year. |
|--------|-----|---------------------------------------------------|

|   | iii. | Represents the cost to edgarize certain documents required for filing with the SEC. |
|--------|------|-------------------------------------------------------------------------------------|

|   | iv | The Company paid this amount to maintain the Company in good standing in the State of Delaware. |
|--------|----|-------------------------------------------------------------------------------------------------|

|   | v. | The Company does not compensate its directors for the service they perform for the Company since, at the present time, it does not have adequate funds to do so.  Nevertheless, management realizes that it should give recognition to the services performed by the directors and officers and therefore has accrued $500 per month.  This amount has been expensed in the current period with the offsetting credit being allocated to "Capital in Excess of Par Value" on the balance sheet.  The Company will not, in the future, be responsible for paying either cash or shares in settling this accrual. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | vi. | Office expenses of $446 comprised courier, faxing, photocopying and office supplies during the year. |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | vii. | The Company does not incur any rental expense since it uses the office of its President.  Similar to management fees, rent expense should be reflected as an operating expense.  Therefore, the Company has accrued $350 per month as an expense with an offsetting credit to "Capital in Excess of Par Value". |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | viii | The Company does not have its own telephone number but uses the telephone number of its President.  Similar to management fees and rent, the Company accrues an amount of $200 per month to represent the charges for telephone with an offsetting entry to "Capital in Excess of Par Value". |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | xi. | Fees paid to Holladay Stock Transfer for share issuance and other services provided. |
|--------|-----|--------------------------------------------------------------------------------------|

|  Expenditures                                           |   | Requirements ForTwelve Months                                         | Current AccountsPayable                                                                     | Required Funds forTwelve Months                           |
|--------------------------------------------------------------|--------|-----------------------------------------------------------------------|---------------------------------------------------------------------------------------------|-----------------------------------------------------------|
|                                                         |   |                                                                  |                                                                                        |                                                      |
| Accounting and audit                                         | 1      |     $   10,050                     | $  50,413                                                                         |  $     60,463               |
| Bank charges                                                 | 2      |   100                                                       |              -             | 100                                                       |
| Edgar filing fees                                            | 3      | 1,200                                                                 | -                                                                                           | 1,200                                                     |
| Filing fees and franchise taxes                              | 4      |            375 |             -                   |          375 |
| Office                                                       | 5      |          1,000           | 5,941                                                                                       |        6,941           |
| Repayment to former Directors                                | 6      | -                                                                     | 74,914                                                                                      | 74,914                                                    |
| Transfer agent's fees                                        | 7      |          1,200           |                - |        1,200           |
|        Estimated expenses |   |    $  13,925                                 | $ 131,268                                                                                   | $   145,193                                |

----

| Filings                       | Accountant                                                                                                  | Auditors                                                                                            | Total                                                                                |
|-------------------------------|-------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------|
|                          |                                                                                                        |                                                                                                |                                                                                 |
| Form 10K - Aug 31, 2010       |        $       1,750                  |        $      2,750                |         $     4,500 |
| Form 10Q - Nov. 30, 2010      |               1,250                   |              600                   |           1,850                    |
| Form 10Q – Feb 28, 2011 |                  1,250 |                 600 |              1,850  |
| Form 10Q - May 31, 2011       |                  1,250 |                 600 |              1,850  |
|                          |                                                                                                        |                                                                                                |                                                                                 |
|                          |      $      5,500                                         |   $      4,550                                                   |   $    10,050                                          |

|      2. | Bank charges have been estimated for twelve months. |
|----------------------------------|-----------------------------------------------------|

|      3. | Edgar filing fees comprise the cost of filing the various Forms 10-K and 10-Q on Edgar.  It is estimated the cost for each of the Form 10-Qs will be $250 and the cost of filing the 10-K will be $450. |
|-----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|      4. | Filing fees to The Company Corporation as a registered agent in the State of Delaware   is estimated at $215 per year.  Franchise taxes paid to the State of Delaware are $160. |
|-----------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|      5. | Relates to photocopying and faxing and miscellaneous directors’ expenses based on prior year’s actual charges giving consideration to some of the expenses not being of a recurring nature. |
|-----------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|      6. | Certain advances and expenses incurred by the former directors and officers in the past years have been reclassified to accounts payable from due to directors.   None of these advances and expense payments on behalf of the Company bears interest and are on a demand basis. |
|----------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|      7. | Estimated amount due to transfer agent during the forthcoming year. |
|-----------------------------|---------------------------------------------------------------------|

----

| Title of Document                                                                                                                                      | Page   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                   |   |
| Report of Madsen & Associates, CPA’s Inc.                                                                                                    | 29     |
|                                                                                                                                                   |   |
| Balance Sheet as at August 31, 2010 and 2009                                                                                                           | 30     |
|                                                                                                                                                   |   |
| Statement of Operations for the years ended August 31, 2010 and 2009 and for the period from September 24, 1998 (Date of Inception) to August 31, 2010 | 31     |
|                                                                                                                                                   |   |
| Statement in Changes in Stockholders’ Equity for the period from September 24, 1998 (Date of Inception) to August 31, 2010                       | 32     |
|                                                                                                                                                   |   |
| Statement of Cash Flows for the years ended August 31, 2010 and 2009 and for the period from September 24, 1998 (Date of Inception) to August 31, 2010 | 33     |
|                                                                                                                                                   |   |
| Notes to the Financial Statements                                                                                                                      | 34     |

| ITEM 9. | CHANGES IN AND DISAGREEMENT WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE |
|---------|-------------------------------------------------------------------------------------|

----

----

----

| ► | The audit committee has only two members; being Jancy Gregorio and Reynan Ballan, the only officers and directors of the Company.   There is no independent third director on the audit committee and the current members have not appointed an “expert” who has the ability to inform the committee members of generally accepted accounting procedures.   Both the current members of the audit committee are professional geologists and do not have accounting and financial statement disclosure knowledge. |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ► | With limited officers and directors there is a lack of division of duties.   The Company will have to increase the size of the Board of Directors and have more officers assigned to various tasks.   At present the Company is small, its operations are limited and it lacks the funds to induce employees to participate in the activities of the Company.   One problem which could occur is there is no independent director to oversee the use of exploration funds, as determined by the two professional geologists on the Board of Directors, so that the Company is receiving the best possible prices.    The current Board members could use their own services at rates higher than the prevailing price and there is no independent director to monitor this. |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ► | The Company does not have a procedural manual indicating the job functions of its directors, officers and future employees.   Presently all transactions are handled by the two directors and officers and the internal accountant.   At this stage in the development of the Company, a procedural manual is not warranted but as the Company grows it will require a procedural manual. |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ITEM 10. | DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE |
|----------|--------------------------------------------------------|

| Name                     | Age    | Position Held                                                   | Term as Director Since |
|--------------------------|--------|-----------------------------------------------------------------|------------------------|
|                     |   |                                                            |                   |
|  Jancy Boy Gregorio | 31     |       President, CEO and Director | 2007                   |
|                     |   |                                                            |                   |
|  Reynan Ballan      | 32     | CFO, CAO, Secretary Treasurer and Director                      | 2007                   |

----

| (1) | filed a petition under the federal bankruptcy laws or any state insolvency law, nor had a receiver, fiscal agent or similar officer appointed by the court for the business or property of such person, or any partnership in which he was a general partner at or within two years before the time of such filings; |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | was convicted in a criminal proceeding or named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses); |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | was the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining him from or otherwise limiting, the following activities: |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction merchant, associated person of any of the foregoing, or as an investment advisor, underwriter, broker or dealer in securities, or as an affiliate person, director or employee of any investment company, or engaging in or continuing any conduct or practice in connection with such activity; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (4) | was the subject of any order, judgment, or decree, not subsequently reversed, suspended, or vacated, of any federal or state authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described above under this Item, or to be associated with persons engaged in any such activities; |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | was found by a court of competent jurisdiction in a civil action or by the Securities and Exchange Commission to have violated any federal or state securities law, and the judgment in such civil action or finding by the Securities and Exchange Commission has not been subsequently reversed, suspended, or vacated. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6)   | was found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|       Name and Principal position              |      Year |      Salary |      Bonus ($) |      Stock awards($) |      Option awards($) |   Non-equityincentiveplancompensation($) | Change in pension value and nonqualified deferred compensation earnings($) |     All othercompensation($) |
|------------------------------------------------------------------------------|------------------------------------|--------------------------------------|----------------------------------------------|-----------------------------------------------|------------------------------------------------|----------------------------------------------------|----------------------------------------------------------------------------|--------------------------------------------------|
|                                                                         |                               |                                 |                                         |                                          |                                           |                                               |                                                                       |                                             |
| Glen MacdonaldFormer President And Director                                  | 20062007                           | -0--0-                               | -0--0-                                       | -0--0-                                        | -0--0-                                         | -0--0-                                             | -0--0-                                                                     | -0--0-                                           |
|                                                                         |                               |                                 |                                         |                                          |                                           |                                               |                                                                       |                                             |
| Vera McCullough Former Secretary Treasurer, and Director           | 20062007                      | -0--0-                          | -0--0-                                  | -0--0-                                   | -0--0-                                    | -0--0-                                        | -0--0-                                                                | -0--0-                                      |
|                                                                         |                               |                                 |                                         |                                          |                                           |                                               |                                                                       |                                             |
| William Nielsen Former Chief Accounting Officer  and Director | 20062007                      | -0--0-                          | -0--0-                                  | -0--0-                                   | -0--0-                                    | -0--0-                                        | -0--0-                                                                | -0--0-                                      |
|                                                                         |                               |                                 |                                         |                                          |                                           |                                               |                                                                       |                                             |
| Jancy GregorioPresident, ChiefExecutive Officerand Director                  | 2007200820092010                   | -0--0--0--0-                         | -0--0--0--0-                                 | -0--0--0--0-                                  | -0--0--0--0-                                   | -0--0--0--0-                                       | -0--0--0--0-                                                               | -0--0--0--0-                                     |
|                                                                         |                               |                                 |                                         |                                          |                                           |                                               |                                                                       |                                             |
| Reynan BallanSecretary Treasurer, Chief Financial Officerand Director        | 2007200820092010                   | -0--0--0--0-                         | -0--0--0--0-                                 | -0--0--0--0-                                  | -0--0--0--0-                                   | -0--0--0--0-                                       | -0--0--0--0-                                                               | -0--0--0--0-                                     |

----

| ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDERS MATTERS |
|----------|-------------------------------------------------------------------------------------------------|

| Title or Class | Name and Address of Beneficial Owner (1)                                     | Amount of Beneficial Ownership (2) | Percent of Class |
|----------------|------------------------------------------------------------------------------|------------------------------------|------------------|
|           |                                                                         |                               |             |
| Common Stock   | Jancy Gregorio2432 M. de la Cruz StreetPasay City, Metro Manila, Philippines | 8,000,000 (3)                      | 15               |
|           |                                                                         |                               |             |
| Common Stock   | Reynan Ballan2429 M. de la Cruz StreetPasay City, Metro Manila, Philippines  | 0                                  | -                |
|           |                                                                         |                               |             |
| Common Stock   | Ownership of all Directors and Officers as a group                           | 8,000,000                          | 15               |

| (1) |   | Jancy Gregorio has sole voting power and sole dispositive power as to all the shares shown as beneficially owned by him. |
|-----|--------|--------------------------------------------------------------------------------------------------------------------------|

----

| (2)    |   | Under Rule 13-d of the Exchange Act, shares not outstanding but subject to options, warrants, rights and conversion privileges pursuant to which such shares may be required in the next 60 days are deemed to be outstanding for the purpose of computing the percentage of outstanding shares owed by the person having such rights, but are not deemed outstanding for the purpose of computing the percentage for such other persons.   None of the directors of Stanford have any options, warrants, rights or conversion privileges outstanding.                                                                                                                                                                                                |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (3)    |   | The shares held by Jancy Gregorio are restricted since they were issued to a director in compliance with an exemption from registration by Section 4(2) of the Securities Act of 1933, as amended.   After these shares have been held for one year, Jancy Gregorio could sell a percentage of his shares based on one percent of the issued and outstanding shares of Stanford.  In other words, Gregorio’s shares can be sold after the expiration of one year in compliance with the provisions of Rule 144.   The share certificate bears a ‘stop transfer’ legend on it.  As at August 31, 2010, the number of shares which could presently be sold pursuant to Rule 144 is 521,700 shares. |

| ITEM 13. | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND    DIRECTOR INDEPENDENCE |
|----------|--------------------------------------------------------------------------------------------------|

----

| The following exhibits are included as part of this report by reference:                                                                                             |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                 |
| 1.     Certificate of Incorporation , Articles of Incorporation and By-laws                                                                 |
|                                                                                                                                                                 |
| 1.1 Certificate of Incorporation  (incorporated by reference from Stanford’s Registration Statement on Form SB-2 filed on August 26, 2003) |
|                                                                                                                                                                 |
| 1.2 Articles of Incorporation  (incorporated by reference from Stanford’s Registration Statement on Form SB-2 filed on August 26, 2003)    |
|                                                                                                                                                                 |
| 1.3 By-laws (incorporated by reference from Stanford’s Registration Statement on Form SB-2 filed on August 26, 2003)                                      |
|                                                                                                                                                                 |

----

----

| MADSEN & ASSOCIATES, CPA’s INC.                   | 684 East Vine Street, #3 |
|-------------------------------------------------------------|--------------------------|
| Certified Public Accountants and Business Consultants Board | Murray, Utah, 84107      |
|                                                        | Telephone: 801-268-2632  |
|                                                        | Fax: 801-262-3978        |

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|                                                                                                                                                                                                   | August 31, 2010                                        | August 31, 2009                                  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------|
|                                                                                                                                                                                                   |                                                   |                                             |
| ASSETS                                                                                                                                                                                                 |                                                   |                                             |
|                                                                                                                                                                                                   |                                                   |                                             |
| CURRENT ASSETS                                                                                                                                                                                         |                                                   |                                             |
|                                                                                                                                                                                                   |                                                   |                                             |
|     Cash                                                                                                                                                                           | $     1,015                        | $       2,621 |
|                                                                                                                                                                                                   |                                                   |                                             |
|        Total Current Assets                                                                                                                                         | $     1,015                   | $       2,621 |
|                                                                                                                                                                                                   |                                                   |                                             |
|                                                                                                                                                                                                   |                                                   |                                             |
| LIABILITIES AND STOCKHOLDERS’ DEFICIENCY                                                                                                                                                         |                                                   |                                             |
|                                                                                                                                                                                                   |                                                   |                                             |
| CURRENT LIABILITIES                                                                                                                                                                                    |                                                   |                                             |
|                                                                                                                                                                                                   |                                                   |                                             |
|     Accounts payable and accrued liabilities                                                                                                                                       | $       131,268     | $   128,806                       |
|     Advances from related parties – Note 4                                                                                                                                   | 26,178                                                 |    20,481                         |
|                                                                                                                                                                                                   | 157,446                                                | 149,287                                          |
|                                                                                                                                                                                                   |                                                   |                                             |
| STOCKHOLDERS’ DEFICIENCY                                                                                                                                                                         |                                                   |                                             |
|                                                                                                                                                                                                   |                                                   |                                             |
|     Common Stock                                                                                                                                                                   |                                                   |                                             |
|          500,000,000 shares authorized, at $0.001 par value         52,170,000 shares issued and outstanding |  52,170                                           |  52,170                                     |
|     Capital in excess of par value                                                                                                                                                 | 154,480                                                | 141,880                                          |
|     Deficit accumulated during the pre-exploration stage                                                                                                                           | (363,081)                                              | (340,716)                                        |
|                                                                                                                                                                                                   |                                                   |                                             |
|                 Total Stockholders’ Deficiency                                                                   | (156,431)                                              | (146,666)                                        |
|                                                                                                                                                                                                   |                                                   |                                             |
|                                                                                                                                                                                                   | $        1,015 | $      2,621       |
|                                                                                                                                                                                                   |                                                   |                                             |

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|                                                     |  Aug 31, 2010                                                                                       |  Aug 31, 2009                                                                     | Sept 24, 1998to Aug 31, 2010                                                                                   |
|----------------------------------------------------------|----------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|
|                                                     |                                                                                                     |                                                                                   |                                                                                                           |
| REVENUES                                                 | $                 - | $              - | $                  - |
|                                                     |                                                                                                     |                                                                                   |                                                                                                           |
| EXPENSES                                                 |                                                                                                     |                                                                                   |                                                                                                           |
|                                                     |                                                                                                     |                                                                                   |                                                                                                           |
| Impairment on mineral claim acquisition costsExploration | --                                                                                                       | - -                                                                                    | 5,000 25,940                                                                                                   |
| General and administrative                               | 22,365                                                                                                   | 30,027                                                                                 | 337,141                                                                                                        |
|                                                     |                                                                                                     |                                                                                   |                                                                                                           |
| NET LOSS                                                 | $     (22,365)                                                                  | $  (30,027)                                                                  | $    (363,081)                                                                             |
|                                                     |                                                                                                     |                                                                                   |                                                                                                           |
|                                                     |                                                                                                     |                                                                                   |                                                                                                           |

| NET LOSS PER COMMON SHARE                       |                                        |                                                          |   |
|-------------------------------------------------|---------------------------------------------|---------------------------------------------------------------|--------|
|                                            |                                        |                                                          |   |
|      Basic and diluted | $      (0.00) |   $       (0.00) |   |
|                                            |                                        |                                                          |   |
| WEIGHTED AVERAGE OUTSTANDING SHARES             |                                        |                                                          |   |
|                                            |                                        |                                                          |   |
|      Basic and diluted | 52,170,000                                  |     52,170,000                            |   |

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|                                           |  CommonShares                                                                                      | StockAmount                                                                                 | Capital in Excess ofPar Value                                                   | AccumulatedDeficit                                                                                       |
|------------------------------------------------|---------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------|
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Capital stock issued                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| For cash                                       | 40,300,000                                                                                              | $    40,300                                                             |  $(38,285)                                                                 |   $               - |
| For cash                                       |  6,870,000                                                                                         |           6,870                           |      (3,435)                                           |                                                                                                     |
| Capital contribution- noncash expenses         |               -                   |                - |      12,600                                            |                                                                                                     |
| Net loss for the period                        |               -                   |                - |              - |  (17,294)                                                                                           |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 1999                       | 47,170,000                                                                                              |        47,170                                            |     (29,120)                                                | (17,294)                                                                                                 |
| Capital contributions – noncash expenses |               -                   |                - |    12,600                                                        |                                                                                                     |
| Net loss for the year                          |               -                   |                - |             -       |  (15,583)                                                                                           |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2000                       | 47,170,000                                                                                              |        47,170                                            |    (16,520)                                                      | 32,877                                                                                                   |
| Capital contributions – noncash expenses |               -                   |                - |       12,600                                      |                                                                                                     |
| Net loss for the year                          |               -                   |                - |             -       |       (18,415)                                                             |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2001                       | 47,170,000                                                                                              |       47,170                                                  |   (3,920)                                                             |        (51,292)                                                       |
| Capital contribution – noncash expenses  |               -                   |                - |       12,600                                      |                                                                                                     |
| Net loss for the year                          |               -                   |                - |              - |       (18,160)                                                             |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2002                       | 47,170,000                                                                                              |       47,170                                                  |    8,680                                                         |       (69,452)                                                             |
| Capital contributions – noncash expenses |              -                         |               -       |    12,600                                                        |                                                                                                     |
| Net loss for the year                          |              -                         |           -                               |              - |       (28,620)                                                                  |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2003                       | 47,170,000                                                                                              |      47,170                                                        | 21,280                                                                          |      (98,072)                                                                   |
| Capital contributions – noncash expenses |              -                         |              -             |       12,600                                      |                                                                                                     |
| Net Loss for the year                          |              -                         |                - |             -       |       (33,983)                                                                  |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2004                       | 47,170,000                                                                                              |      47,170                                                        |   33,880                                                              |      (132,055)                                                                  |
| Capital contributions – noncash expenses |               -                   |             -                   | 12,600                                                                          |                                                                                                     |
| Net loss for the year                          |              -                         |               -       |            -             |      (36,602)                                                                   |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2005                       | 47,170,000                                                                                              |      47,170                                                        | 46,480                                                                          |      (168,657)                                                                  |
| Capital contribution – noncash expenses  |               -                   |             -                   |    12,600                                                        |                                                                                                     |
| Net loss for the year                          |               -                   |               -       |            -             |       (44,122)                                                             |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2006,                      | 47,170,000                                                                                              |    47,170                                                                    |  59,080                                                                    |     (212,779)                                                                        |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Capital stock issuedFor cash – at $0.01  |  5,000,000                                                                                         |  5,000                                                                                 |  45,000                                                                    |                                                                                                     |
| Capital contributions – noncash expenses | -                                                                                                       | -                                                                                           | 12,600                                                                          |                                                                                                     |
| Net loss for the year                          |                -             |          -                                     |             -       | (37,672)                                                                                                 |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2007                       | 52,170,000                                                                                              | 52,170                                                                                      |    116,680                                                       |   (250,451)                                                                                    |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Capital contributions – noncash expenses | -                                                                                                       | -                                                                                           | 12,600                                                                          |                                                                                                     |
| Net loss for the year                          |                -             |           -                               |            -             | (60,238)                                                                                                 |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2008                       | 52,170,000                                                                                              |  52,170                                                                                |  129,280                                                                   |  (310,689)                                                                                          |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Capital contributions – noncash expenses | -                                                                                                       | -                                                                                           | 12,600                                                                          |                                                                                                     |
| Net loss for the year                          |                 -       |            -                         |             -       |   (30,027)                                                                                     |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2009                       | 52,170,000                                                                                              |   52,170                                                                          |     141,880                                                 |    (340,716)                                                                              |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Capital contributions – noncash expenses | -                                                                                                       | -                                                                                           | 12,600                                                                          | -                                                                                                        |
| Net loss for the year                          |                  - |           -                               |              - | (22,365)                                                                                                 |
|                                           |                                                                                                    |                                                                                        |                                                                            |                                                                                                     |
| Balance, August 31, 2010                       | 52,170,000                                                                                              | $    52,170                                                                  | $    154,480                                                | $    (363,081)                                                                       |

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|                                                                                                                                                                    |  Aug 31, 2010                                                        |  Aug 31, 2009                                                              | Sept 24, 1998to Aug 31, 2010                                                                                                                                  |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                                                                                              |                                                                      |                                                                            |                                                                                                                                                          |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
|      Net loss                                                                                                                                  | $     (22,365)                                   | $  (30,027)                                                           |   $   (363,081)                                                                                                                      |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
|      Adjustments to reconcile net loss to net cash provided by         operating activities: |                                                                      |                                                                            |                                                                                                                                                          |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
|         Capital contributions – noncash expenses                                                                          | 12,600                                                                    | 12,600                                                                          | 151,200                                                                                                                                                       |
|         Change in accounts payable                                                                                              | 2,462                                                                     | 4,245                                                                           | 131,268                                                                                                                                                       |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
|              Net Change in Cash from Operations                                                   |            (7,303)      |  (13,182)                                                                  |      (80,613)                                                                                                                        |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
| CASH FLOWS FROM INVESTING ACTIVITIES                                                                                                                               |             - |              - |              -                                                                               |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                                                                                              |                                                                      |                                                                            |                                                                                                                                                          |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
| Advances from related parties                                                                                                                                           | 5,697                                                                     | 13,857                                                                          | 26,178                                                                                                                                                        |
| Proceeds from issuance of common stock                                                                                                                             |          -                   |          -                         |  55,450                                                                                                                                                  |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
| Net change in cash flows from financing activities                                                                                                                      | 5,697                                                                     | 13,857                                                                          | 81,628                                                                                                                                                        |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
|      Net (Decrease) Increase in Cash                                                                                                           | (1,606)                                                                   | 675                                                                             | 1,015                                                                                                                                                         |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
|      Cash at Beginning of Period                                                                                                               | 2,621                                                                     | 1,946                                                                           |                  -          |
|                                                                                                                                                                    |                                                                      |                                                                            |                                                                                                                                                          |
|      CASH AT END OF PERIOD                                                                                                                     | $     1,015                                           | $ 2,621                                                                         |     $      1,015                                                                                            |

| SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING ACTIVITIES |                                  |                 |                  |
|---------------------------------------------------------|---------------------------------------|----------------------|-----------------------|
|                                                    |                                  |                 |                  |
| Capital contributions -  non cash expenses    |  $    12,600 |   $ 12,600 |   $ 151,200 |

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|   | The Company utilizes the liability method of accounting for income taxes.  Under the liability method deferred tax assets and liabilities are determined based on differences between financial reporting and the tax bases of the assets and liabilities and are measured using the enacted tax rates and laws that will be in effect, when the differences are expected to be reversed.   An allowance against deferred tax assets is recorded, when it is more likely than not, that such tax benefits will not be realized. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Statement of Cash Flows |
|--------|-------------------------|

|   | For the purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less to be cash equivalents. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | Basic and Diluted Net Income (loss) Per Share |
|--------|-----------------------------------------------|

|   | Basic net income (loss) per share amounts are computed based on the weighted average number of shares actually outstanding.   Diluted net income (loss) per share amounts are computed using the weighted average number of common and common equivalent shares outstanding as if shares had been issued on the exercise of any common share rights unless the exercise becomes antidilutive and then only the basic per share amounts are shown in the report. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |              Revenue Recognition |
|--------|---------------------------------------------------------------------------------------------------|

|   |              Financial and Concentrations Risk |
|--------|-----------------------------------------------------------------------------------------------------------------|

|   | The Company does not have any concentration or related financial credit risk. |
|--------|-------------------------------------------------------------------------------|

|   |              Environmental Requirements |
|--------|----------------------------------------------------------------------------------------------------------|

|   | At the report date environmental requirements related to the mineral claim acquired are unknown and therefore an estimate of any future cost cannot be made. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The Company reviews and evaluates long-lived assets for impairment when events or changes in circumstances indicate that the related carrying amounts may not be recoverable.  The assets are subject to impairment consideration under ASC 360-10-35-17 if events or circumstances indicate that their carrying amounts might not be recoverable.   When the Company determines that an impairment analysis should be done, the analysis will be performed using rules of ASC 930-360-35, Asset Impairment, and 360-10-15-3 through 15-5, Impairment or Disposal of Long-Lived Assets. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | Mineral Property Acquisition Costs |
|--------|------------------------------------|

|   | Cost of acquisition and option costs of mineral rights are capitalized upon acquisition.  Mine development costs incurred to develop new ore deposits, to expand the capacity of mines, or to develop mine areas substantially in advance of current production are also capitalized once proven and probable reserves exist and the property is a commercially mineable property.   Cost incurred to maintain current production or to maintain assets on a standby basis are charged to operations.   If the Company does not continue with exploration after the completion of the feasibility study, the mineral rights will be expensed at that time.  Costs of abandoned projects are charged to mining costs including related property and equipment costs.   To determine if these costs are in excess of their recoverable amount periodic evaluation of carrying value of capitalized costs and related property and equipment costs are based upon expected future cash flows and/or estimated salvage value in accordance with Accounting Standards Codification (ASC) 360-10-35-15, Impairment or Disposal of Long-Lived Assets. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | On February 2, 2008, the Company purchased a 100% interest in the San Carlos Gold Claim located in the Philippines for $5,000 including a geological report.  The Company has not established the existence of a commercially minable ore deposit on the San Carlos Gold Claim.   This claim has no expiration date and only if the Company decides to abandon them will it no longer have an interest in the minerals thereon. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |             On August 31, 2010, officers-directors and their families had acquired 15% of the common capital stock issued, have made advances of $26,178 and have made contributions to capital in the form of noncash expenses in the amount of $151,200. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | CAPITAL STOCK |
|----|---------------|

|   | The shareholders, at the Annual General Meeting held on March 9, 2007, approved an amendment to the Certificate of Incorporation whereby the authorized share capital of the Company would be increased from 25,000,000 common shares with a par value of $0.001 per share to 500,000,000 common shares with a par value of $0.001 per share. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The Company has completed one Regulation S offering of 40,300,000 post split shares of its capital stock for a total consideration of $2,015.  In addition, the Company has completed another Regulation S offering of 6,870,000 post split shares of its capital stock for a total consideration of $3,435.  Under an Offering Memorandum the Company issued 5,000,000 post split shares for a total consideration of $50,000. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | GOING CONCERN |
|----|---------------|

|   | The Company will need additional working capital to service its debt and to develop the mineral claims acquired, which raises substantial doubt about its ability to continue as a going concern.   Continuation of the Company as a going concern is dependent upon obtaining additional working capital provided by the Company’s President, Jancy Gregorio, and the management of the Company has developed a strategy, which it believes will accomplish this objective through additional equity funding, and long term financing, which will enable the Company to operate for the coming year. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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