UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549



FORM 10-Q



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



For the quarterly period ended
June 30, 2011



OR



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



Commission File Number: 333-155507



GRANT HARTFORD CORPORATION

(Exact
name of registrant as specified in its charter)



|Montana                                  |  | 20-8690366         
|---------------------------------------- |  | -------------------
|(State or other jurisdiction of          |  | (I.R.S. Employer   
|incorporation or organization)           |  | Identification No.)
|                                         |  |                    
|2620 Connery Way                         |  |                    
|Missoula,
  Montana                      |  | 59808              
|(Address of principal executive offices) |  | (Zip Code)         



Registrants
telephone number, including area code(303) 506-6822



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





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




Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, or a non-accelerated filer. See definition
of "accelerated filer and large accelerated filer" in Rule 12b-2 of the
Exchange Act. (Check one):


Large
accelerated filer   o         
             
         Accelerated
filer  o         
             
             
             
           Non-accelerated
filer  o         
             
         Smaller
reporting company   x




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




As of August 9, 2011, the registrant had
outstanding 33,269,385 shares of common stock, no par value per share.


---





GRANT HARTFORD CORPORATIONFORM 10-Q

For the quarterly period ended June 30, 2011

TABLE OF CONTENTS



| |  | Page
| |  | ----

PART I - FINANCIAL INFORMATION

|ITEM 1.  | Financial Statements   (F-1 through F-11)                                                        | 1 
|-------- | ------------------------------------------------------------------------------------------------ | --
|ITEM 2.  | Management's Discussion and Analysis of
           Financial Condition and Results of Operations | 2 
|ITEM 3.  | Quantitative and Qualitative Disclosure About
           Market Risk                             | 9 
|ITEM 4T. | Controls and Procedures                                                                          | 10

PART II - Other Information

|ITEM 1.  | Legal Proceedings                                           | 10
|-------- | ----------------------------------------------------------- | --
|ITEM 1A. | Risk Factors                                                | 11
|ITEM 2.  | Unregistered Sales of Equity Securities and Use of Proceeds | 26
|ITEM 3.  | Defaults upon Senior Securities                             | 27
|ITEM 4.  | Removed                                                     | 27
|ITEM 5.  | Other Information                                           | 27
|ITEM 6.  | Exhibits                                                    | 27

| | Signatures | 28
| | ---------- | --

ii

---





ITEM 1.     Financial Statements

GRANT HARTFORD CORPORATION(An Exploration Stage
Company)

CONDENSED FINANCIAL STATEMENTSJune 30, 2011



REVIEWED FINANCIAL STATEMENTS

Index to Financial Statements

|                                                                                                                                                                                 | PAGE #     
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -----------
|Condensed Balance Sheets as of June 30, 2011 (Unaudited) and December 31, 2010                                                                                                   | F-1        
|                                                                                                                                                                                 |            
|Condensed Statements of Operations for the Three and Six Months Ended June 30, 2011
and 2010 (Unaudited), and Since Inception (March 15, 2007) through June 30, 2011 (Unaudited) | F-2        
|                                                                                                                                                                                 |            
|Condensed Statements of Stockholders' Equity (Deficit) From the Date of Inception
(March 15, 2007)      Through June 30, 2011 (Unaudited)                                        | F-3        
|                                                                                                                                                                                 |            
|Condensed Statements of Cash Flows for the Six Months Ended June 30, 2011 and 2010
(Unaudited), and Since Inception (March 15, 2007) to June 30, 2011 (Unaudited)                | F-4 to F-5 
|                                                                                                                                                                                 |            
|Notes to Financial Statements                                                                                                                                                    | F-6 to F-10







Return to Table of Contents

1

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GRANT HARTFORD CORPORATION (An Exploration Stage
Company)CONDENSED BALANCE SHEETSAS OF JUNE 30, 2011 (Unaudited) AND DECEMBER 31, 2010

|                                                                                                                                          | (Unaudited)June 30,2011          | December 31,2010                
|----------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------- | --------------------------------
|                                                                                                                                          |                                  |                                 
|                                                                                                                                          |                                  |                                 
|ASSETS                                                                                                                                    |                                  |                                 
|                                                                                                                                          |                                  |                                 
|Current Assets                                                                                                                            |                                  |                                 
|Cash                                                                                                                                      | $        156,221                 | $            1,294              
|Prepaid option payment: mineral rights                                                                                                    | 116,842                          | 254,042                         
|Prepaid expenses and deposits                                                                                                             | 123,944                          | 101,945                         
|Total
      Current Assets                                                                                                                | 397,007                          | 357,281                         
|Non-current Assets                                                                                                                        |                                  |                                 
|Buildings, improvements and equipment, net of accumulated          depreciation of $64,119 and $45,212, respectively.                     | 254,087                          | 268,454                         
|Mineral rights                                                                                                                            | 8,142,917                        | 8,047,917                       
|Total Non-current Assets

      Total Assets                                                                                              | 8,397,004

      $     8,794,011 | 8,316,371

      $     8,673,652
|                                                                                                                                          |                                  |                                 
|LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                                                                                            |                                  |                                 
|                                                                                                                                          |                                  |                                 
|Current Liabilities                                                                                                                       |                                  |                                 
|Accounts payable and accrued expenses                                                                                                     | $     1,834,710                  | $     1,643,972                 
|Capital lease payable                                                                                                                     | 60,965                           | 62,060                          
|Short-term notes                                                                                                                          | 480,000                          | 0                               
|Related party short-term notes                                                                                                            | 78,671                           | 46,171                          
|Due to related parties                                                                                                                    | 799,951                          | 682,914                         
|Total Current
      Liabilities                                                                                                           | 3,254,297                        | 2,435,117                       
|                                                                                                                                          |                                  |                                 
|Long-Term Liabilities                                                                                                                     |                                  |                                 
|Capital lease payable                                                                                                                     | 0                                | 9,524                           
|                                                                                                                                          |                                  |                                 
|Total
      Liabilities                                                                                                                   | 3,254,297                        | 2,444,641                       
|                                                                                                                                          |                                  |                                 
|Stockholders' Equity (Deficit)                                                                                                            |                                  |                                 
|Preferred Stock: $0.0001 par
      value per share, 50,000,000 shares authorized,          zero
      issued and outstanding              | 0                                | 0                               
|Common Stock: No par
      value; 100,000,000 shares authorized,          33,263,887
	and 32,947,487 issued and outstanding, respectively | 15,512,948                       | 15,161,420                      
|Accumulated deficit -
      exploration stage                                                                                             | (9,973,234)                      | (8,932,409)                     
|Total Stockholders' Equity (Deficit)                                                                                                      | 5,539,714                        | 6,229,011                       
|                                                                                                                                          |                                  |                                 
|Total Liabilities and
      Stockholders' Equity (Deficit)                                                                                | $     8,794,011                  | $     8,673,652                 

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

Return to Table of Contents

F-1

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GRANT HARTFORD
CORPORATION (An Exploration Stage Company)CONDENSED STATEMENTS OF OPERATIONS (Unaudited)

|                                               | Three Months EndedJune 30, | Six Months EndedJune 30, | Since Inception March 15, 2007 to June 30,
|---------------------------------------------- | -------------------------- | ------------------------ | ------------------------------------------
|                                               | 2011                       | 2010                     | 2011                                      
|                                               |                            |                          |                                           
|Revenue                                        | $             
	      0    | $             
	       0 | $             
	      0                   
|                                               |                            |                          |                                           
|Expenses                                       |                            |                          |                                           
|Financial
      conference fees                | 0                          | 0                        | 0                                         
|Management
      fees                          | 164,982                    | 132,940                  | 328,746                                   
|General and administrative                     | 111,309                    | 148,745                  | 188,710                                   
|Professional
      fees                        | 67,366                     | 107,124                  | 158,414                                   
|Geological and mining expenses                 | 269,374                    | 553,508                  | 328,150                                   
|Interest Expense                               | 3,232                      | 49,198                   | 7,052                                     
|Surface access lease payments                  | 14,959                     | 14,959                   | 29,753                                    
|                                               |                            |                          |                                           
|Net loss                                       | $     (631,222)            | $     (1,006,474)        | $    (1,040,825)                          
|Loss Per
Share                                 |                            |                          |                                           
|Basic and Diluted                              | $           (0.019)        | $            (0.038)     | $           (0.031)                       
|                                               |                            |                          |                                           
|Weighted Average Number of shares outstanding: |                            |                          |                                           
|                                               |                            |                          |                                           
|Basic and Diluted                              | 33,199,834                 | 26,585,944               | 33,098,139                                



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

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F-2

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GRANT HARTFORD
CORPORATION (An Exploration Stage Company)CONDENSED STATEMENTS OF STOCKHOLDERS'
EQUITY (DEFICIT)SINCE INCEPTION (MARCH 15, 2007) THROUGH JUNE 30, 2011 (Unaudited)

|                                                         | Common Stock
      Number of Shares Issued | Value                      | Accumulated
      Deficit-Exploration Stage | Stockholder
      Equity(Deficit)
|-------------------------------------------------------- | ------------------------------------------ | -------------------------- | ------------------------------------------- | ---------------------------------
|                                                         |                                            |                            |                                             |                                  
|Balance: March 15, 2007                                  | 0                                          | $                 
	     0 | $                 
	     0                  | $                 
	     0       
|                                                         |                                            |                            |                                             |                                  
|Common stock issued for cash                             | 1,062,900                                  | 426,450                    |                                             | 426,450                          
|Common stock issued for mineral rights                   | 14,000,000                                 | 1,750,000                  |                                             | 1,750,000                        
|Common stock issued to founders                          | 1,135,000                                  | 1,135                      |                                             | 1,135                            
|Common stock issued in exchange for services             | 16,000                                     | 8,000                      |                                             | 8,000                            
|Net loss                                                 | 0                                          | 0                          | (247,857)                                   | (247,857)                        
|                                                         |                                            |                            |                                             |                                  
|Balance: December 31, 2007                               | 16,213,900                                 | 2,185,585                  | (247,857)                                   | 1,937,728                        
|                                                         |                                            |                            |                                             |                                  
|Common stock issued for cash                             | 230,670                                    | 184,536                    |                                             | 184,536                          
|Common stock issued for mineral rights                   | 5,000,000                                  | 625,000                    |                                             | 625,000                          
|Common stock issued in exchange for services             | 5,625                                      | 4,500                      |                                             | 4,500                            
|Net loss                                                 | 0                                          | 0                          | (971,066)                                   | (971,066)                        
|                                                         |                                            |                            |                                             |                                  
|Balance: December 31, 2008                               | 21,450,195                                 | 2,999,621                  | (1,218,923)                                 | 1,780,698                        
|                                                         |                                            |                            |                                             |                                  
|Net loss                                                 | 0                                          | 0                          | (3,381,118)                                 | (3,381,118)                      
|                                                         |                                            |                            |                                             |                                  
|Balance: December 31, 2009                               | 21,450,195                                 | 2,999,621                  | (4,600,041)                                 | (1,600,420)                      
|                                                         |                                            |                            |                                             |                                  
|Common stock issued for cash                             | 1,174,654                                  | 1,245,645                  |                                             | 1,245,645                        
|Common stock issued for mineral rights                   | 5,000,000                                  | 5,000,000                  |                                             | 5,000,000                        
|Common stock issued to founders                          | 75,000                                     | 71,250                     |                                             | 71,250                           
|Common stock converted from debt and      interest       | 351,289                                    | 333,724                    |                                             | 333,724                          
|Common stock issued in payment of debt      and interest | 4,376,349                                  | 4,505,330                  |                                             | 4,505,330                        
|Common stock issued in exchange     for services         | 877,100                                    | 1,005,850                  |                                             | 1,005,850                        
|Treasury stock purchased and retired                     | (357,100)                                  | 0                          |                                             | 0                                
|Net loss                                                 | 0                                          | 0                          | (4,332,368)                                 | (4,332,368)                      
|                                                         |                                            |                            |                                             |                                  
|Balance: December 31, 2010                               | 32,947,487                                 | $       15,161,420         | $        (8,932,409)                        | $         6,229,011              
|                                                         |                                            |                            |                                             |                                  
|Warrants issued                                          |                                            | 22,182                     |                                             | 22,182                           
|Common stock issued for cash, net of      issuance costs | 316,400                                    | 329,346                    |                                             | 329,346                          
|Net loss                                                 | 0                                          | 0                          | (1,040,825)                                 | (1,040,825)                      
|                                                         |                                            |                            |                                             |                                  
|Balance: June 30, 2011                                   | 33,263,887                                 | $       15,512,948         | $       (9,973,234)                         | $         5,539,714              
|                                                         |                                            |                            |                                             |                                  



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

Return to Table of Contents

F-3

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GRANT HARTFORD CORPORATION (An Exploration Stage
Company)CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

|                                                                         |  | Six Months Ended June 30, | Since Inception
      March 15, 2007 to June 30
|------------------------------------------------------------------------ |  | ------------------------- | -----------------------------------------------
|                                                                         |  |                           | 2011                                           
|CASH FLOWS FROM OPERATING
      ACTIVITIES                               |  |                           |                                                
|                                                                         |  |                           |                                                
|Net Loss                                                                 |  |                           | $  (1,040,825)                                 
|Adjustments to reconcile net loss to cash
	from    operating activities: |  |                           |                                                
|Common stock and
     warrants issued in        exchange for services    |  |                           | 10,658                                         
|Common stock issued
      in payment of interest         expense         |  |                           | 0                                              
|Depreciation and
	amortization expense                                   |  |                           | 18,907                                         
|(Increase)/decrease
	in prepaid option payment                           |  |                           | 137,200                                        
|(Increase)/decrease
	in prepaid expenses and        deposits             |  |                           | (21,999)                                       
|Increase/(decrease)
	in accounts payable and        accrued expenses     |  |                           | 190,738                                        
|Increase/(decrease)
      in due to related parties                      |  |                           | 117,037                                        
|Net cash
	flows from operating activities                                |  |                           | $    (588,284)                                 
|                                                                         |  |                           |                                                
|CASH FLOWS FROM INVESTING ACTIVITIES                                    
|                                                                         |  |                           |                                                
|Purchase of buildings and equipment                                      |  |                           | (4,540)                                        
|Investment in mineral rights                                             |  |                           | (95,000)                                       
|Net cash
	flows from investing activities                                |  |                           | (99,540)                                       
|                                                                         |  |                           |                                                
|CASH FLOWS FROM
      FINANCING ACTIVITIES                              
|                                                                         |  |                           |                                                
|Payments on short-term debt                                              |  |                           | 0                                              
|Proceeds from short-term debt                                            |  |                           | 512,500                                        
|Common stock issued, net of issuance costs                               |  |                           | 340,870                                        
|Convertible notes payable                                                |  |                           | 0                                              
|Payments on capital lease                                                |  |                           | (10,619)                                       
|Net cash
	flows from financing activities                                |  |                           | 842,751                                        
|                                                                         |  |                           |                                                
|Change in cash during the period                                         |  |                           | 154,927                                        
|                                                                         |  |                           |                                                
|Cash, beginning of period                                                |  |                           | 1,294                                          
|                                                                         |  |                           |                                                
|Cash, end of period                                                      |  |                           | $      156,221                                 
|                                                                         |  |                           |                                                
|SUPPLEMENTAL
      DISCLOSURES                                           |  |                           |                                                
|Interest paid                                                            |  |                           | $          2,866                               
|Income taxes paid                                                        |  |                           | $                 0                            
|                                                                         |  |                           |                                                
|NON-CASH INVESTING AND FINANCING                                         |  |                           |                                                
|Common stock issued for mineral rights                                   |  |                           | $                 0                            
|Common stock and warrants issued for debt       services                 |  |                           | $        22,182                                
|Common stock issued for interest                                         |  |                           | $                 0                            
|Capital leases                                                           |  |                           | $                 0                            

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

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F-4

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GRANT HARTFORD CORPORATION (An Exploration Stage Company)NOTES TO CONDENSED FINANCIAL
STATEMENTSJUNE 30, 2011



1.     BASIS OF PRESENTATION

The accompanying unaudited condensed financial statements include all adjustments
of a normal and recurring nature which, in the opinion of Company's management, are necessary to
present fairly the Company's financial position as of June 30, 2011 and December 31, 2010, and the results
of its operations and cash flows for the six months then ended and for the period
since inception (March 15, 2007) through June 30, 2011.

Certain information and footnote disclosures normally included in financial statements
prepared in accordance with generally accepted accounting principles have been omitted pursuant to the
rules and regulations of the Securities and Exchange Commission.  These condensed financial statements
should be read in conjunction with the financial statements and related notes contained in the Company's
Annual Report on Form 10 K which was filed with the Securities and Exchange Commission for the year ended
December 31, 2010.

The results of operations and cash flows for the six months ended June 30, 2011 are not
necessarily indicative of the results to be expected for the full year's operation.

These financial statements have been prepared on a going concern basis which assumes
that the Company will be able to realize its assets and discharge its liabilities in the normal course
of business for the foreseeable future.  The continuing operations of the Company are dependent upon its
ability to continue to raise adequate financing and to commence profitable operations in the future.

2.     SIGNIFICANT ACCOUNTING
POLICIES

Mineral Property Exploration:  The Company expenses the costs incurred to conduct
exploration, assay work, drill and equip exploratory sites within the claims groups that are not determined
to have proven reserves.  A reserve is that part of a mineral deposit which could be economically and legally
extracted or produced at the time of the reserve determination.  Proven (Measured) Reservesare those for
which (a) quantity is computed from dimensions revealed in outcrops, trenches, workings or drill holes; grade
and/or quality are computed from the results of detailed sampling and (b) the sites for inspection, sampling
and measurement are spaced so closely and the geologic character is so well defined that size, shape, depth
and mineral content of reserves are well established.  Probable (Indicated) Reserves are those for which
quantity and grade and/or quality are computed form information similar to that used for proven (measure)
reserves, but the sites for inspection, sampling, and measurement are farther apart or are otherwise less
adequately spaced.  The degree of assurance, although lower than that for proven (measured) reserves, is
high enough to assume continuity between points of observation.  Geological and geophysical costs and costs
of carrying and retaining unproved sites are expensed.

The Company is in the "Exploration Stage" and is engaged in the exploration of the Garnet
mineral property in order to identify the presence of proven/probable reserves.  The Company has not begun
exploitation of these deposits.  As a result, no amounts have been capitalized related to mineral property
exploration as of June 30, 2011 and December 31, 2010.

Accumulated mineral property costs are amortized using the units of production ("UOP")
method based on estimated recoverable ounces or pounds in proven and probable reserves.

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F-5

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GRANT HARTFORD CORPORATION (An Exploration Stage Company)NOTES TO CONDENSED FINANCIAL
STATEMENTSJUNE 30, 2011

2.     SIGNIFICANT ACCOUNTING
POLICIES (Continued)

Long-lived Assets:The Company periodically assesses the carrying value of long-lived assets
in accordance with FASB ASC 360 10.   The Company evaluates the recoverability of long-lived assets not held for
sale by measuring the carrying amount of the assets against the estimated undiscounted future cash flows associated
with them.  If such evaluations indicate that the future discounted cash flows of certain long-lived assets are not
sufficient to recover the carrying value of such assets, the assets are adjusted to their fair values.

Mining assets, including mineral rights and mine development, are also periodically
assessed for impairment in accordance with FASB ASC 360-10 and FASB ASC 930-360-35.

There was no loss on impairment for the periods ended June 30, 2011 and December 31, 2010.

3. MINERAL RIGHTS

|                                                                             | Balance          | Impairment Recognized  | Net
      Book Value
|---------------------------------------------------------------------------- | ---------------- | ---------------------- | --------------------
|Garnet, Montana     stock issued 06/15/2007                                  | $   2,375,000    | $              0       | $   2,375,000       
|Garnet, Montana     option payment for 2007                                  | 102,917          | 0                      | 102,917             
|Garnet, Montana     option payment for 2008                                  | 190,000          | 0                      | 190,000             
|Garnet, Montana     option payment for 2009                                  | 190,000          | 0                      | 190,000             
|Garnet, Montana     option payment for 2010
          stock issued 6/24/2010 | 190,0005,000,000 | 0
                   0 | 190,0005,000,000    
|Garnet, Montana     option payment through 6/30/2011                         | 95,000           | 0                      | 95,000              
|                                                                             |                  |                        |                     
|TOTAL                                                                        |                  |                        | $    8,142,917      

The Company makes annual payments of $190,000 pursuant to its option agreement with Commonwealth
Resources, LLC, a related party.  Additions for the period ended June 30, 2011 represent the quarterly allocation of
the option payment.  The Company has prepaid $116,842 and $254,042 in option payments as of June 30, 2011 and December
31, 2010, respectively.

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F-6

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GRANT HARTFORD CORPORATION (An Exploration Stage Company)NOTES TO CONDENSED FINANCIAL
STATEMENTSJUNE 30, 2011

4. RELATED PARTY SHORT-TERM NOTES

The Company has three short-term notes with an original principal balance of $74,000.  No payments
have been made on these short-term notes for the six months ended June 30, 2011, leaving a balance of $70,171, which
is due on or before January 18, 2012 at the annual rate of 12.50%.

The Company has one short-term note from Robert Sanders, a member of its Board of Directors, and the
Chairman of the Audit, Corporate Governance and Compensation Committees of the Board of Directors, with an original
principal balance of $8,500, which was due in full on or before April 28, 2011.  No payments have been made on this
short term-note for the six months ended June 30, 2011, leaving a balance of $8,500, accruing interest at a rate of
20% per annum, or 0.06% per day.  On April 28, 2011, pursuant to the terms of the note, the Company issued 10,000
Penalty Warrants valued at $10,658 to purchase the Company's no par value common stock with an exercise price of $1.25 per share.  The
Penalty Warrants include a cashless exercise option.

5.  SHORT-TERM NOTES

In June of 2011, the Company received $480,000 in anticipation of a short-term note payable to be drafted
in July of 2011.  No payments have been made on this short-term note for the six months ended June 30, 2011, leaving a
balance of $480,000 at June 30, 2011.  See Note 11 for the full terms of this note signed in July of 2011.

6. CAPITAL LEASE PAYABLE

During 2009, the Company entered into a lease for computer software under a capital lease payable in
monthly installments of $2,750 with interest of 17.13% and expiring on April 15, 2011.  As referenced on the supplemental
disclosure of non cash investing and financing activities, the Company capitalized software for $44,000, recorded a
prepaid asset for the maintenance agreement for $11,550, and recorded a capital lease payable for $55,550.

During 2010, the Company entered into a lease for computer software under a capital lease payable in
monthly installments of $3,266 with interest of 17.13% and expiring on April 15, 2012.  As referenced on the supplemental
disclosure of non cash investing and financing activities, the Company capitalized software for $52,250, recorded a prepaid
asset for the maintenance agreement for $13,716, and recorded a capital lease payable for $65,966.

The Company is the lessee of multiple computer software.  The following is a summary of property held
under capital leases:

|                                | June 30,2011      | December 31,2010 
|------------------------------- | ----------------- | -----------------
|                                |                   |                  
|                                |                   |                  
|Computer Software               | $          96,250 | $          96,250
|Less:  Accumulated amortization | (52,678)          | (36,636)         
|                                | $          43,572 | $         59,614 

The Company is currently in arrears on its monthly lease payments.  As of June 30, 2011, the lease is
behind fourteen months.  As a result, the current portion of the capital lease payable includes amounts owing from prior
periods.

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F-7

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GRANT HARTFORD CORPORATION (An Exploration Stage Company)NOTES TO CONDENSED FINANCIAL
STATEMENTSJUNE 30, 2011

7. EQUITY

Between February 16, 2011 and May 17, 2011, pursuant to a Private Placement Memorandum (PPM), relying
on an exemption provided by Section 4(2) and Rule 506 of Regulation D, promulgated under the Securities Act of 1933, as
amended, the Company offered through its Placement Agent, Source Capital Group, Inc. on a best efforts basis, an aggregate
of 6,160,000 shares of the Company's no par value common stock at a purchase price of $1.25 per common share ("Shares")
for the aggregate offering amount of $7,700,000.  The Company issued 316,400 shares for $395,500 in cash, of which
$66,154 went toward issuance costs.

The Company has 5,486,807 and 5,465,313 warrants outstanding with exercise prices of between $1.00 and $1.50 as of
June 30, 2011 and December 31, 2010, respectively, which were excluded from diluted earnings per share as their effect would be
anti-dilutive.

Warrants

Management has valued the warrants at their date of grant utilizing the Black-Scholes Option Pricing
Model.  Since there is a limited public market for the Company shares, the fair value of the underlying shares was
determined based on recent transactions by the Company to sell shares to third parties.  Further, the excepted volatility
was calculated using the average of historical volatility of two similar public entities in the gold mining industry in
accordance with Question 6 of SAB Topic 14.D.1.  In making this determination and finding other similar companies, the
Company considered the industry, stage of life cycle, size and financial leverage of such other entities.  Based on the
exploration stage of the Company, similar companies with enough historical data are rare, however, the Company was able
to find two entities that met the industry criterion and as a result have based its expected volatility off an average
of these companies' historical stock prices for a period similar to the expected term of the option.  The risk-free
interest rate is based on the implied yield available on U.S. Treasury issues with an equivalent term approximating the
expected life of the warrants depending on the date of the grant and expected life of the warrants.  The expected life
of warrants used was based on the contractual life of the option granted.  The Company determined the expected dividend
rate based on the assumption and expectation that earnings generated from operations are not expected to be adequate to
allow for the payment of dividends in the near future.

The following weighted-average assumptions were utilized in the fair value calculations for warrants
granted:

|                                | Period endedJune 30,2011
|------------------------------- | ------------------------
|                                |                         
|                                |                         
|Expected dividend yield         | 0.00%                   
|Expected stock price volatility | 140.39%                 
|Risk-free interest rate         | 1.36%                   
|Expected life of options        | 3.78 years              

During the six  months ended June 30, 2011, the Company granted stock warrants to its investors and
lenders to purchase an aggregate of 21,494 shares of the Company's common stock at an exercise price of $1.25 per share.
The warrants have expiration dates through 2014 and 2015, and have contractual lives of 3 and 4.67 years.  The total value
of warrants granted during the six months ended June 30, 2011 was $22,182 and was recorded against common stock as issuance
cost.

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GRANT HARTFORD CORPORATION (An Exploration Stage Company)NOTES TO CONDENSED FINANCIAL
STATEMENTSJUNE 30, 2011

7. EQUITY (Continued)

A summary of outstanding warrants at June 30, 2011 and December 31, 2010 is presented below.

|                                        | Six monthsendedJune 30,2011
|--------------------------------------- | ---------------------------
|                                        |                            
|                                        |                            
|Warrants outstanding, beginning of year | 5,465,313                  
|Granted                                 | 21,494                     
|Warrants outstanding, as of 6/30-11     | 5,486,807                  

Granted stock warrants:

|                              | # of sharesoutstandingandexercisable | Price             | Expiration                 
|----------------------------- | ------------------------------------ | ----------------- | ---------------------------
|January 22, 2010-May 24, 2010 | 4,751,113                            | $            1.50 | 24 months-May 24, 2012     
|December 31, 2010             | 714,200                              | $            1.00 | 60 months-December 31, 2015
|April 28, 2011                | 10,000                               | $            1.25 | 56 months-December 31, 2015
|June 30, 2011                 | 11,494                               | $            1.25 | 36 months-June 30, 2014    
|                              | 5,486,807                            | $   1.00-1.50     |                            

8. RELATED PARTY TRANSACTIONS

At June 30, 2011, a total of $683,885 (December 2010 - $609,957) is payable to directors and management
for services.  These outstanding amounts payable are unsecured and non interest bearing with no fixed terms of repayment.

The Company pays for services from Garnet Range Resources, LLC, a related party.  These services consist
of road maintenance, equipment rental, earth moving services, labor, and other services as needed.  For the six months
ended June 30, 2011, the Company had been billed $0 for services (December 2010 - $203,454).  As of June 30, 2011,
the Company had also prepaid for services of $36,411 (December 2010 - $27,914).  The Company's President and CEO is a 50%
owner of Garnet Range Resources, LLC.

Pursuant to the Share Purchase Agreement dated May 24, 2010, the Company purchased various mineral rights
from Commonwealth Resources, LLC, a related party.  The Company's President, CEO, CFO and Director, Eric Sauve, and the
Company's Senior Consultant and NEO, Aaron Charlton, are owners of Commonwealth Resources, LLC.  The Company also has an
access lease and option to purchase contracts with Commonwealth Resources, LLC.  These transactions are more fully
described in Note 3, Mineral Rights, of these Financial Statements.

The Company pays for accounting and payroll services from Junkermier, Clark, Campanella, Stevens, PC,
a related party.  At June 30, 2011, a total of $107,656  (December 2010 - $67,047) is payable for accounting services.
For the six months ended June 30, 2011, the Company had been billed $44,609 for services (December 2010 - $98,157).
The Company's Corporate Secretary and Board Member is an owner of Junkermier, Clark, Campanella, Stevens, PC.

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8. RELATED PARTY TRANSACTIONS (Continued)

The Company pays for consulting services from Dr. James Sears, a related party.  At June 30, 2011, a
total of $8,410  (December 2010 - $5,910) is payable for consulting and director services.  For the six months ended
June 30, 2011, the Company had been billed $2,500 for services (December 2010 - $26,934).  Dr. Sears is on the Company's
Board of Directors and is a member of the Audit, Corporate Governance and Compensation Committees.

9. RECENT ACCOUNTING PRONOUNCEMENTS

Management does not believe that any recently issued but not yet effective accounting
pronouncements, if adopted, would have a material effect on the accompanying financial statements.

10. OTHER MATTERS

The Company engaged Source Capital Group, Inc. ("Source") to serve as its exclusive Placement Agent
for a 120 day period beginning on December 6, 2010, and ending on June 4, 2011, pursuant to the written termination
dated May 18, 2011.  Source assisted the Company on a "best efforts" basis through the private placement offering,
which began on February 16, 2011 and ended on May 17, 2011.  The Company granted Source a 12 month right of first
refusal to act as Placement Agent on future private placements in the event the February 16, 2011 private placement
offering was successful.  Source is entitled to receive (i) a cash fee equal to 7% or 12% of the gross proceeds
received from a private placement offering to institutional investors and retail investors, respectively, and (ii)
three-year placement agent warrants equal to 7% of the number of shares sold in the private placement offering
exercisable at $1.25 per share, in cash or by cashless exercise, which fees were reduced by 50% for shares sold
directly by the Company.  Source was also entitled to a non refundable, non-accountable expense in the amount of
$30,000 (which could be increase by $5,000 if outside counsel was required) and reimbursement of out of pocket
expenses reasonably incurred in connection with the Placement Agent services rendered.  The Company indemnified
Source against certain liabilities that may be incurred in connection with the private placement offering, and,
where such indemnification is not available, to contribute to the payments Source may be required to make in respect
of such liabilities.  The Company also agreed to pay the commissions described above if any of the Company's securities
are sold to an investor introduced to the Company by or through Source within 24 months of the termination of this
Offering.  The Company also agreed to pay Source a closing fee of 3.00% of the amount paid or received in-kind in any
transaction between the Company and any merger, acquisition, or joint venture candidate introduced to the Company by
Source.  Source was also entitled to a break up fee of 1% of the total financing should Source be terminated during
its period of engagement and another financing is consummated.  During the contract term, a total of 316,400 shares
of the Company's no par value common stock valued at $395,500, of which $66,154 went toward issuance costs, were sold
and issued through the Company's efforts
resulting in commissions to Source of $24,630, of which $21,080 is payable at June 30, 2011, and the issuance of
11,494 warrants valued at $11,524 to purchase the Company's no par value common stock with a cashless exercise option and an exercise
price of $1.25 per share.

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GRANT HARTFORD CORPORATION (An Exploration Stage Company)NOTES TO CONDENSED FINANCIAL
STATEMENTSJUNE 30, 2011

11. SUBSEQUENT EVENTS

On July 21, 2011, the Company's shareholders approved the filing of Amended and Restated Articles
of Incorporation, which reversed the effects of the previous amendment dated July 13, 2010 that was pursuant to the
terms of the PPM dated July 13, 2010.  The amendment removed the Preemptive and other special voting rights previously
afforded to the holders of the Company's $0.0001 par value Series A Preferred Stock that was set forth in the amendment
dated July 13, 2010.

On July 21, 2011, pursuant to a vote of the Board of Directors, the Company extended the expiration
date on all issued and previously issued warrants to July 31, 2012.  This extension applies to both warrants currently
outstanding and warrants that have previously expired.

On July 22, 2011, the Company signed the Production Loan and Consolidated Payment Agreement, which
included a short-term note for an amount up to $1,250,000 of which $480,000
has been advanced to the Company as of June 30, 2011.  No payments have been made on this short-term note for the six
months ended June 30, 2011, leaving a balance of $480,000, which is due in full no later than November 30, 2012, at the
annual rate of 10% with a cash bonus of $125,000 due at maturity.  The cash bonus will be reduced to $75,000 if paid
on or before August 31, 2011.  Furthermore, in consideration of the making of the loan and in recognition of the
significant risk to the lender in doing so, the Company will issue 125,000 shares of the Company's no par value common
stock.  On July 21, 2011, pursuant to a vote of the Board of Directors, the Company acquired certain assets and liabilities
from GRR, which included a total of $211,580 due to Roland Schumacher for heavy equipment rentals used by GRR on the
Company's Garnet Mineral Property.   The terms of the Production Loan and Consolidated Payment Agreement included the
payment of this $211,580 liability from GRR through the issuance 169,264 shares of the Company's no par value common
stock valued at $211,580.

On July 22, 2011, the Company signed the Agreement to Purchase And Sell Equipment in the amount of
$703,450.  Of the total purchase price, the Company will issue 107,240 shares of the Company's no par value common
stock valued at $134,050.  As of June 30, 2011, the Company made payments toward the total purchase price totaling
$69,050, leaving a balance of $500,350, which bears an annual interest rate of 6.5% and shall be paid from 18.75% of
the net mill receipts from the anticipated underground mining operations at the Nancy Hanks mine site.

Between July 27, 2011 and August 15, 2011, the Company received $348,200 for 174,100 shares.

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ITEM 2.     Management's Discussion and Analysis of Financial Condition and Results of
Operations

This Form 10-Q and the documents incorporated in it by reference contain forward-looking statements
that involve known and unknown risks and uncertainties.  Examples of forward-looking statements include:  projections
of capital expenditures, competitive pressures, revenues, growth prospects, product development, financial resources
and other financial matters.  You can identify these and other forward-looking statements by the use of words such as
"may," "will," "should," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "potential" or the
negative of such terms, or other comparable terminology.

Our ability to predict the results of our operations or the effects of various events on our operating
results is inherently uncertain.  Therefore, we caution you to consider carefully the matters described under the caption
"Risk Factors" and certain other matters discussed in this Form 10-Q, the documents incorporated by reference in this
Form 10-Q, and other publicly available sources.  These factors and many other factors beyond the control of our management
could cause our actual results, performance or achievements to be materially different from any future results, performance
or achievements that may be expressed or implied by the forward-looking statements.

Executive Summary

Our Company is a mineral exploration, development and production company; that is currently in the
exploration stage of historically designated mineralized material on the Garnet Mineral Property, located in Missoula,
Montana. We have acquired an exclusive option to purchase the mineral rights to 23 patented mineral claims and 122
unpatented mineral claims located within the Garnet Mining District of Granite County, Montana from Commonwealth.
We purchased an additional 91 unpatented mining claims and 8 lease hold interests on BLM owned patented mining claims
from Commonwealth pursuant to a Share Purchase Agreement dated May 24, 2010.  Commonwealth, is owned by Aaron Charlton,
Rodney K. Haynes, Kim L. Charlton and Eric Sauve.  Mr. Eric Sauve is our president, CEO, CFO, and Director.  Mr. Aaron
Charlton is our Senior Consultant and NEO.  Messrs. Charlton and Sauve are two of the Company's full time employees.
Aaron Charlton and Eric Sauve are related parties to our Company, Grant Hartford Corporation.

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Critical Accounting Policies and Estimates

Our financial statements are prepared in accordance with U.S. Generally Accepted Accounting Principles
("GAAP").  The preparation of the financial statements requires us to make estimates and assumptions that affect the
reported amounts of assets, liabilities, revenues, expenses, and related disclosures.  Though we evaluate our estimates
and assumptions on an ongoing basis, our actual results may differ from these estimates.

Off Balance Sheet Arrangements

As of June 30, 2011, we had no off-balance sheet arrangements as defined in Item 303(a)(4) of Regulation
S-K.

(a)   Plan of Operation.

Our independent auditor has noted that there is substantial doubt about our ability to continue
as a going concern at December 31, 2010.  In light of our lack of revenues, and operating capital, our ability to
continue as a going concern is dependent upon future events, such as the successful exploration and the future
development and production of the mineral property, our ability to engage the services of highly qualified consultants
who have expertise in the industry and our ability to secure additional sources of financing.  See Risk Factor No.3,
"Auditor has raised substantial doubt about our ability to continue as a going concern."

Our current plan of operation for 2011 is to continue mineralized material  shipments from the Lead
King site to the Golden Sunlight Mill; continue conducting exploration activities on the Willie Lode Mining Claim
mmc#210813, Lead King Quartz Lode Mining Claim ms#4511, Nancy Hanks Lode Mining Claim, ms#5365, Tostman Prospecting
Lease ms#7514, and the Grant and Hartford Mining Claim ms#7327  to continue to establish continuity between drill
holes of mineralized material found on those claims; to continue drill and surface sampling in the contact and Coloma
zones; to continue exploring the remaining patented and unpatented mining claims in order to designate additional
mineralized material; to continue with mapping activities on the entire Garnet Mineral Property; continue preparations
to begin underground mining operations at the Nancy Hanks mine site, which began during the second quarter of 2011;
and to proceed with the preparation of our amended feasibility study.
Our 2010 exploration program was designed to expand on drill results from 2008 and 2009, as well
as results from Pegasus' exploration project, which identified 16 different areas of high grade mineralized material.  We
currently hold a Small Miners Exclusion Statement (#46-032) issued by the State of Montana which allows us to mine an
unlimited amount within a five acre area of surface disturbance.  We also hold an Exploration License (#00545), which has
been issued by the State of Montana.

We completed the 2010 drilling season on December 7, 2010 and J. Robert Flesher, our Vice President of
Mining and Geology, has prepared the "Grant Hartford Corp., Garnet Project, Geology and Exploration Report for 2010,"
which details the results from the 2010 drilling

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season.  The 2010 exploration drill program targeted the completion of
66 reverse circulation drill holes and 4 core holes totaling 34,858 feet and 1,699 feet, respectively.  The plans included
continued evaluation of the northwest and down dip extensions of the Nancy Hanks vein system, down
dip and lateral extensions of the Willie vein system, the Nancy Hanks pit area, and continued definition of the Tostman
vein system.  Additionally, plans were made to examine the Coloma district and the Lead King vein systems.  Our 2010
drilling season results assisted us in being able to add significantly to the overall tonnage and grade estimate, as
well as to near the completion of our amended feasibility study, which we anticipate finalizing during the third quarter of
2011.    This drilling, our 2008 and 2009 drill results, along with previous historical drill programs, are being used
to create both pit and underground mineralized material resource models using Vulcan 3-D modeling software.

Mr. Flesher has also prepared the "2011 Grant Hartford Exploration Plan," which sets forth the drilling
plan for the 2011 season.  Our exploration objectives for 2011 will be designed to further expand our knowledge of
mineralized vein structures in the Garnet Mineral Property, bring more mineralized material into a preliminary reserve
category to be used in our amended feasibility study, and to explore the extents of several of the major vein structures as
identified by Dr. Sears.  We will continue to incorporate the available historic and current mining data on the Garnet
Mineral Property into our Vulcan Sub-Surface 3D Mine Modeling Program.  We have plans to establish an on-site fire assay
laboratory for more efficient field assessment during 2011.  Our geologic team plans to open, enter, map and sample as
many historic workings as possible, and we anticipate performing geophysical work on the property, which will include
running lines along the intrusive contact to discover deposits which may not have surface expression.  With an anticipated
start date during the second quarter of 2011, we plan to complete 5,000 feet of diamond core drilling in the 2011 season
and continue with preliminary mine design for the Willie and Nancy Hanks mineralized zones.
Subject to further financing and pending the continued shipment of mineralized material to the Golden Sunlight Mill from
the Lead King site; and coinciding with the completion of our surface preparation, construction of the mine portal and
preparation of the underground decline, along with the completion of our amended feasibility study, we anticipate beginning
underground mining operations on the Nancy Hanks mine site in the third quarter of 2011.

The Company incurred expenses of $1,040,825 for the six months ending June 30, 2011.  The monthly average
expenditure for both capital and expense items in the first six months of 2011 was approximately $173,470.

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|EXPENSES                       | Six Months Ended June 30, 2011Unaudited) | Nine Months EndedSeptember 30, 2011Estimated
|------------------------------ | ---------------------------------------- | --------------------------------------------
|Financial conference fees      | $0                                       | $0                                          
|Management fees                | $328,746                                 | $500,000                                    
|General and administrative     | $188,710                                 | $285,000                                    
|Professional fees              | $158,414                                 | $400,000                                    
|Geological and mining expenses | $328,150                                 | $2,343,000                                  
|Interest expense               | $7,052                                   | $10,000                                     
|Surface access lease payments  | $29,753                                  | $44,753                                     
|Total                          | $1,040,825                               | $3,582,753                                  

The Company anticipates incurring expenses of $3,582,753 for the nine month period ending September
30, 2011 reflecting the following activities on the Garnet Mineral Property: 1) the 2011 Exploration Season continuing
into the third quarter; 2) continuing the mineralized material shipments from the Lead King site to the Golden Sunlight
Mill, which began in July, 2011 and will continue into the fourth quarter, 2011; and 3) continued preparations to begin
underground mining operations at the Nancy Hanks mine site, which began during the second quarter of 2011, and are
anticipated to continue into the fourth quarter, 2011, with surface preparation of the site, construction of the mine
portal and preparation of the underground decline.  The monthly average expenditure for both capital and expense items
during the nine month period ending September 30, 2011 is estimated to be approximately $398,084.  The Company
anticipates completing an amendment to its feasibility study, continuing the mapping project on our property, establishing
an on-site fire assay laboratory and beginning underground mining operations during the fiscal year ending December 31,
2011 and we estimate our operating expenses will increase to approximately $7,400,000 during the fiscal year ending
December 31, 2011.

(b)   Management Discussion and Analysis of Financial Condition.

|Liabilities                           | At June 30, 2011 | At December 31, 2010
|------------------------------------- | ---------------- | --------------------
|Accounts payable and accrued expenses | $1,834,710       | $1,643,972          
|Short-term notes                      | $480,000         | $0                  
|Due to related parties                | $799,951         | $682,914            
|Capital lease payable                 | $60,965          | $62,060             
|Related party short-term notes        | $78,671          | $46,171             
|Long-term capital lease payable       | $0               | $9,524              
|Total Liabilities                     | $3,254,297       | $2,444,641          

As at June 30, 2011, we had total liabilities of $3,254,297 as compared to total liabilities of $2,444,641
at December 31, 2010, representing an overall increase of $809,656 or approximately

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33%.  This increase was due primarily to an increase in short-term notes from $0 to $480,000, which
was part of a series of Schumacher agreements relating to the beginning of mining operations.  The increase was also
due, in part, to an increase in accounts payable and accrued expenses of $190,738 or approximately 12%, our reliance
on related parties to provide short term notes to satisfy immediate working capital needs, which increased by $32,500
or approximately 70%, and an increase in the amount due to related parties by $117,037 or approximately 17%.  The
increases in accounts payable and due to related parties were due to the increased work load required of management
and our various contractors and consultants in order to carry out our plan of operations while we did not have adequate
capacity to pay for these services.

|Stockholders' Equity (Deficit)          | At June 30, 2011 | At December 31, 2010
|--------------------------------------- | ---------------- | --------------------
|Accumulated deficit - exploration stage | $(9,973,234)     | $(8,932,409)        
|Total Stockholders' Equity (Deficit)    | $5,539,714       | $6,229,011          

As compared to the period ended December 31, 2010, the Company's accumulated deficit increased by
$1,040,825, or approximately 12%, during the six month period ended June 30, 2011, which accounts for the net losses
for the period, which are further described in the operating loss section set forth above.  As compared to the fiscal
year ended December 31, 2010, the Company's total stockholders' equity decreased by $689,297, or approximately 11%,
during the six month period ended June 30, 2011.  This decrease is primarily due to the increased operating losses
through June 30, 2011, which we were unsuccessful in offsetting through the lack of performance by our Placement Agent,
Source Capital Group, Inc.'s, sales of our common stock through the Private Placement Memorandum dated February 16, 2011,
as more fully described in Item 2. Unregistered Sales of Equity Securities and Use of Proceeds, of this Form 10-Q.

Income Taxes

For the period from inception March 15, 2007 through June 30, 2011, we paid $150 in income taxes.

Results of Operations - Three months period ended June 30, 2011.

Revenues

As of the three months period ended June 30, 2011, we did not generate any revenues as compared to generating no
revenues for the three months period ended June 30, 2010.

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Operating Loss

|EXPENSES                         | Three Months Ended June 30, 2011 | Three Months Ended June 30, 2010
|-------------------------------- | -------------------------------- | --------------------------------
|Financial conference fees        | $0                               | $0                              
|Management fees                  | $164,982                         | $132,940                        
|General and administrative       | $111,309                         | $148,745                        
|Professional fees                | $67,366                          | $107,124                        
|Geological and property expenses | $269,374                         | $553,508                        
|Interest expense                 | $3,232                           | $49,198                         
|Surface access lease payments    | $14,959                          | $14,959                         
|Total                            | $(631,222)                       | $(1,006,474)                    

As of the three months period ended June 30, 2011, we incurred a net loss of ($631,222), as compared to
a net loss of ($1,006,474) for the three months period ended June 30, 2010, a decrease of $375,252 representing an
approximate 37% decrease in net losses.  This net decrease in operating losses was a result of the Company decreasing
its expenses and fees while it lacked the capacity to pay for its previously estimated expenses and fees.  Management
fees increased by $32,042 or approximately 24% as a result of fulfilling the terms of employment agreements with the
Company's President, Eric Sauve, the Company's Senior Consultant, Aaron Charlton in which their salaries increase by
six percent (6%), from $16,854 to $17,865 on June 30, 2011 and the continuation of the increase in monthly salary of
$12,500,  to our Vice President of Marketing and Finance, BJ Ambrose.  General and administrative costs decreased by
$37,436 or approximately 25%, and professional fees decreased by $39,758 or approximately 37%, which were attributable
to management's conservation of expenditures.  Geological and property expenses decreased by $284,134 or approximately
51%, which was primarily due to a decrease in reverse circulation drilling provided by O'Keefe Drilling, Inc., combined
with a decrease in mine and mill site planning by CDM Constructors, Inc., the firm providing support services for mine
and mill development on the Garnet Mineral Property.  Interest expenses decreased by $45,966 or approximately 93%,
which was due to a decrease in the Company's need to enter into short term debt instruments for the purposes of carrying
out the plan of operations during the second quarter of 2011.  Surface access lease payments represented no change.

Results of Operations - Six month period ended June 30, 2011.

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Revenues

As of the six month period ended June 30, 2011, we did not generate any revenues as compared to
generating no revenues for the six month period ended June 30, 2010.

Operating Loss

|EXPENSES                         | Six Months Ended June 30, 2011 | Six Months Ended June 30, 2010
|-------------------------------- | ------------------------------ | ------------------------------
|Financial conference fees        | $0                             | $0                            
|Management fees                  | $328,746                       | $588,462                      
|General and administrative       | $188,710                       | $297,119                      
|Professional fees                | $158,414                       | $248,634                      
|Geological and property expenses | $328,150                       | $805,574                      
|Interest expense                 | $7,052                         | $101,510                      
|Surface access lease payments    | $29,753                        | $29,753                       
|Total                            | $(1,040,825)                   | $(2,071,052)                  

As of the six month period ended June 30, 2011, we incurred a net loss of ($1,040,825), as compared to
a net loss of ($2,071,052) for the six month period ended June 30, 2010, a decrease of $1,030,227 representing an approximate
50% decrease in net losses.  This net decrease in operating losses was a result of the Company decreasing its expenses and
fees while it lacked the capacity to pay for its previously estimated expenses and fees.  Management fees decreased by
$259,716 or approximately 44% as a result of the absence of the stock compensation bonuses awarded to the Company's Vice
Presidents of Corporate Finance and Marketing during the first quarter of 2010 and through the elimination of the Vice
President of Marketing position.    General and administrative costs decreased by $108,409 or approximately 37%, and
professional fees decreased by $90,220 or approximately 36%, which were attributable to management's conservation of
expenditures.  Geological and property expenses decreased by $477,424 or approximately 59%, which was primarily due to
a decrease in reverse circulation drilling provided by O'Keefe Drilling, Inc., combined with a decrease in mine and mill
site planning by CDM Constructors, Inc., the firm providing support services for mine and mill development on the Garnet
Mineral Property.  Interest expenses decreased by $94,458 or approximately 93%, which was due to a decrease in the
Company's need to enter into short term debt instruments for the purposes of carrying out the plan of operations during
the first half of 2011.  Surface access lease payments represented no change.  We estimate our operating expenses will
increase during the fiscal year ending December 31, 2011 to $7,400,000.  The increase will be attributable to fulfilling
the terms of employment agreements with the Company's President, Eric Sauve, the Company's Senior Consultant, Aaron
Charlton in which their salaries increase by six percent (6%), from $16,854 to $17,865 on June 30, 2011 and the
continuation of the increase in monthly

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salary of $12,500,  to our Vice President of Marketing and Finance, BJ Ambrose,
the completionof our amended feasibility study, funding our 2011 Exploration Season, continuing the mapping project
on our property, establishing an on-site fire assay laboratory, continued mineralized material shipments from the Lead
King site to the Golden Sunlight Mill and continued preparations to begin underground mining operations at the Nancy
Hanks mine site located on the Garnet Mineral Property.

Liquidity and Financial Resources

We had working capital of ($2,857,290) at June 30, 2011, compared to working capital of ($2,077,836) at
December 31, 2010.  For the six month period ended June 30, 2011, net cash used in operating activities was ($588,284),
as compared to the six month period ended June 30, 2010 of ($1,199,087).  For the six months period ended June 30, 2011,
net cash used in investing activities was ($99,540), as compared to ($128,020) of net cash used in investing activities
in the six month period ended June 30, 2010.  For the six month period ended June 30, 2011, financing activities provided
$842,751 as a result of the Company entering into a short term debt instrument for the purchase of heavy and industrial
equipment and through the sale of our common stock pursuant to the Private Placement Memorandum dated February 16, 2011,
which is further described under Item 2. Unregistered Sales of Equity Securities and Use of Proceeds section of this
Form 10-Q, as compared to the six month period ended June 30, 2010, financing activities provided $1,270,445 as a result
of the Company entering into Promissory Notes and  through the sale of our common stock pursuant to the Exempt Offering
dated January 2010 as more fully described in our Form 10-K for the fiscal year ending December 31, 2010.  Net cash for
the six month period ended June 30, 2011 increased by $154,927 as compared to a decrease of ($56,662) for the six month
period ended June 30, 2010.  At the six month period ended June 30, 2011, we had cash of $156,221.

From the date of the incorporation of March 15, 2007 through June 30, 2011, we have paid services valued
at $1,018,350 through the issuance of 898,725 common shares, have raised an aggregate of $2,252,131 in cash through the
issuance of 2,784,624 common shares, and paid debt of $4,839,054, which included interest resulting from the Company's
short-term notes, through the issuance of the Company's no par value common stock.

The Company, through its Officers' and Directors' relationships with friends, family members and
close business associates, intends to correct any deficiency in working capital through the sale of its common equity
to investors and/ or through the identification and potentially entering into arrangements with strategic partners in
order to fund our operations in 2011.  The Company believes it has identified sufficient funding for its growth from
these sources.



ITEM 3.     Quantitative and Qualitative Disclosures About Market Risk

We do not consider the effects of interest rate movements to be a material risk to our financial
condition.  We do not hold any derivative instruments and do not engage in any hedging activities.

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ITEM 4T.     Controls and Procedures

Evaluation of disclosure controls and procedures.

We carried out an evaluation, under the supervision and with the participation of our management,
including the Chief Executive Officer/ Chief Financial Officer for the effectiveness of the design and operation of
our disclosure controls and procedures as defined in the Exchange Act Rules 13a-15(e) and 15d-15(e), as of the end
of the period covered by this Quarterly Report on Form 10-Q.  Based upon this evaluation, the Chief Executive
Officer/ Chief Financial Officer concluded that the Company's disclosure controls and procedures were effective as
of June 30, 2011.

Management's Report on Internal Control over Financial Reporting

Our management, in combination with our Board of Directors Audit and Corporate Governance Committees,
are responsible for establishing and maintaining adequate internal control over financial reporting as that term is
defined in Exchange Act Rule 13a-15(f).  Our internal control over financial reporting is a process designed to provide
reasonable assurance regarding the reliability of our financial reporting and the preparation of our financial statements
for external purposes in accordance with U.S. generally accepted accounting principles.  Our control environment is the
foundation for our system of internal control over financial reporting.  Internal control over financial reporting includes
those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and
fairly reflect our transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are
recorded as necessary to permit preparation of our financial statements in accordance with generally accepted accounting
principles, and that our receipts and expenditures are being made only in accordance with authorizations of our management
and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition,
use, or disposition of our assets that could have a material effect on our financial statements.  During the first quarter
ending March 31, 2011, we formed and authorized the Audit, Corporate Governance and Compensation Committees of our Board of
Directors for the purposes of assisting management with the Company's internal controls over financial reporting.  Due to
a lack of working capital these committees have not yet begun to implement their respective operations during the second
quarter ending June 30, 2011,, therefore the changes that occurred during the
quarter ending March 31, 2011 have not materially affected the period covered by this report, and are reasonably not
likely to materially affect the Company's internal controls over financial reporting.

PART II - OTHER INFORMATION



ITEM 1.     Legal Proceedings.

We are currently not a party to any pending litigation, government investigation, or any other legal
proceedings; however, a shareholder and affiliate of the Company and a Member of Commonwealth, a related entity, has
disputed the application of expenditures by our management.  In the event that this internal dispute should rise to
the level of litigation; wherein the Company and members of our management could be named as parties, we would defend
the

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lawsuit vigorously.  The defense of any litigation could impose upon the Company undefined costs.



ITEM 1A.     Risk Factors.

Risk Factors Relating to Our Business

1:   We have limited operating history and limited historical financial information upon
which you may evaluate our performance.

You should consider, among other factors, our prospects for success in light of the risks
and uncertainties encountered by companies that, like ours, are in the exploration stage. We may not successfully
address these risks and uncertainties or successfully implement our business plan. If we fail to do so, it could
materially harm our business and impair the value of our common stock. Even if we accomplish these objectives,
we may not generate positive cash flows or profits that we anticipate in the future.

Unanticipated problems, expenses and delays are frequently encountered in establishing a new
business and in the exploration stages of the search for mineral deposits. These include, but are not limited
to, inadequate funding, competition, and unsuccessful mineralized material exploration. Our failure to meet any
of these conditions would have a materially adverse effect upon us and may force us to reduce or curtail operations.
No assurance can be given that we can or will ever operate profitably.

2:    We will require additional funding.

As of June 30, 2011, we had cash in the amount of $156,221.  We currently anticipate incurring expenses
of approximately $7,400,000 for the fiscal year ending December 31, 2011, which we plan to use in order to complete our
feasibility study, fund our 2011 Exploration Season, continue the mapping project on our property, establish an on-site
fire assay laboratory, begin shipping mineralized material from the Lead King site to the Golden Sunlight Mill, and
continued preparations to begin underground mining operations at the Nancy Hanks mine site on our Garnet Mineral Property.
We will require additional financing in order to begin and complete our current plans for the 2011 exploration season
and may require additional financing for future phases on our Garnet Mineral Property.  We currently have limited
operations at the Lead King site and propose to begin generating initial income in the third quarter 2011.  Our business plan
calls for significant exploration expenses.  We will require additional financing to sustain our business operations if
we are not successful in earning sufficient revenues once exploration is complete.  In the event that our exploration
programs are successful in sufficiently estimating the mineralized material continuity between drill holes and we exercise
our mineral claim purchase option, we may require additional funds in order to place the patented and unpatented mining
claims into the development and commercial production stages.  We currently do not have any finalized arrangements for
financing and we may not be able to obtain financing when required and on favorable terms.  Obtaining additional financing would be subject to a number of factors,
including the market prices for gold, silver and other metallic minerals and the costs of exploring for, developing
and producing these materials.  These factors may make

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the timing, amount, terms, or conditions for additional financing unavailable to us, which would force us to reduce our operations or even cease operations.

3:   Auditor has raised substantial doubt about our ability to continue as a
going concern.

The report of our independent auditor regarding our audited financial statements for the period
ended December 31, 2010 indicates that there are a number of factors that raise substantial doubt about our ability
to continue as a going concern.  We have an accumulated deficit since inception of $10,017,206 for the period from our
inception, March 15, 2007, to June 30, 2011, and have no revenues. Our future is dependent upon our ability to
obtain financing and upon successful exploration and future development and production stages on the patented and
unpatented mining claims. This is a significant risk to investors who purchase shares of our Common Stock because
there is an increased risk that we may not be able to generate and/or raise enough capital to remain operational.
Potential investors should also be aware of the difficulties normally encountered in the exploration stage of mining
companies and the high rate of failure of such enterprises. Our auditor's concern may inhibit our ability to raise
financing because we may not remain operational, which would most likely cause our business to fail.

4:   The global financial crisis may have impacts on our business and financial
condition that we currently cannot predict.

The continued credit crisis in the United States and related instability in the global financial system has had, and may
continue to have, an impact on our business and our financial condition.  We may face significant challenges if conditions
in the financial markets do not improve.  Our ability to access the capital markets may be severely restricted at a time
when we would like, or need, to access such markets, which could have an impact on our flexibility to react to changing
economic and business conditions.  The credit crisis could have an impact on any potential lenders, causing them to fail
to meet their obligations to us. These factors may make the timing, amount, terms, or conditions for additional financing
unavailable to us, which would force us to reduce our operations or even cease operations, and may cause our business
to fail.

5:  Difficult conditions in the global capital markets and the economy generally may
materially adversely affect our business and results of operations, and we do not expect these conditions to improve
in the near future.

Our results of operations are materially affected by conditions in the domestic capital markets and
the economy generally.  The stress experienced by domestic capital markets that began in the second half of 2007 has
continued and substantially increased into the present.  Recently, concerns over inflation, energy costs, geopolitical
issues, the availability and cost of credit, the U.S. mortgage market and a declining real estate market in the U.S.
have contributed to increased volatility and diminished expectation for the economy and the markets going forward.
These factors, combined with volatile oil and gas prices, declining business and consumer confidence
and increased unemployment, have precipitated an economic slowdown and fears of a continued recession.  In addition,
the fixed-income markets are experiencing a period of extreme volatility which has negatively impacted market liquidity
conditions.

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Initially, the concerns on the part of market participants were focused on the subprime segment of the
mortgage-backed securities market.  However, these concerns have since expanded to include a broad range of mortgage and
asset-backed and other fixed income securities, including those rated investment grade, the U.S. and international credit
and interbank money markets generally and a wide range of financial institutions and markets, asset classes and sectors.
As a result, capital markets have experienced decreased liquidity, increased price volatility, credit downgrade events,
and increased probabilities of default.  These events and the continuing market upheavals may have an adverse effect on
us because our liquidity and ability to fund our capital expenditures is dependent in part upon our access to the private
and public capital markets.  In addition, in the event of extreme prolonged market events, such as the global credit
crisis, we could incur significant losses.  Even in the absence of a market downturn, we are exposed to substantial risk
of loss due to market volatility. The forgoing factors may have a negative impact on the value of our company, its assets,
and its common stock resulting in illiquidity of our shares and potentially a total loss to our shareholders and a failure
of our business.

6:   We are a new company with limited operating history.

We have only completed three drilling seasons on our mining claim holdings for which we have acquired
our options. We recently acquired additional unpatented mining claims and mining leasehold interests, which we began
exploring in 2010 and of which will require additional exploration.  As a result, we have no way to evaluate the
likelihood that we will be able to operate our business successfully and move to the next mining stage on our Garnet
Mineral Property. There is no history upon which to base any assumption as to the likelihood that we will prove successful.
We have not earned any revenues as of the date of this Form 10-Q, and thus, we face a high risk of business failure which
could result in a loss of confidence by our shareholders or potential investors and could result in a disruption to the
business, adversely affecting our Company and the existing shareholders.

7:   We may be unable to retain the consultants upon which we rely.

We have agreements with consultants to perform services for us including with an independent engineer
for the review of all of the historical information available on the mining claims we have under option, the results from
the previous exploration work performed on these mining claims, as well as the result of our exploration during the 2008,
2009 and 2010 drilling seasons in order to prepare the Company's Feasibility Study pursuant to Industry Guide 7, and to
make recommendations based on those reviews; with a firm for engineering services in order to complete mill and property
engineering on the Garnet Mineral Property; with the University of Montana to utilize the Geological Department and
Geographical Information Systems Department to digitize data; with geologist consultants for mapping the Garnet Mineral
Property; assistance with the Vulcan Sub-Surface 3D Mine Modeling Program; and assistance with sampling, mapping and
drill rig activities on the Garnet Mineral Property.  We also have
agreements with an independent laboratory to perform analyses on geological samples and an engineering
firm for a water base line study and survey for a mill and tailings impoundment.

Each of our consultants perform functions that require the services of persons in high demand in the
industry and these persons may or may not always be available when needed based on their status as consultants.  The
implementation of our business plan may be impaired if we are not

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able to retain our significant consultants or if they
do not perform in accordance with their agreements and the failure to execute our business plan will have an adverse
effect on the value of our company and its common stock.

8:   Common ownership of GHC and Commonwealth may create a conflict of interest.

One of our material assets is the option to purchase the 122 unpatented and 23 patented mining claims
on the Garnet Mineral Property.  The claims are owned, or optioned by Commonwealth.
Commonwealth is owned in part by Mr. Eric Sauve, our President, CEO, CFO and Director.  In addition,
Mr. Aaron Charlton, Senior Consultant and NEO to our Company, is a majority owner of Commonwealth.  Our newly appointed
Audit Committee has begun the process of identifying a third party outside accountant or financial consultant to assist in completing an internal
review and plans to adopt conflict of interest and ethics rules, which will include the rules set forth in the
Sarbanes-Oxley Act of 2002.  The Audit Committee has put these efforts on hold until such time as the Company has
sufficient capital to complete the Audit Committee's internal review.  In the absence of these corporate governance
measures, and in general, the interests of Commonwealth and management may not coincide which could result in a loss
of confidence by our shareholders adversely affecting our company and the existing shareholders which in turn would
have an adverse effect on the value of our common stock and may cause our business to fail.

9:   There may exist potential conflicts of interest between us and Garnet Range
Resources, LLC

Our  agreement with Garnet Range Resources, LLC, a Montana limited liability company ("Garnet"), provides
for the rental and operation of heavy equipment,  labor on the Garnet Mineral Property and coordination of the exploration
project management with us.  Since Mr. Eric Sauve, our President, CEO, CFO and Director, and Joyce L. Charlton, the Managing
Member of Garnet and wife of Aaron Charlton, our Senior Consultant, own 100% of Garnet, there is the potential for a
conflict of interest between Garnet and the best interest of our shareholders.  Since, from time to time, Aaron Charlton,
our Senior Consultant, consults with Garnet, there is the potential for a conflict of interest between Garnet and the best
interest of our shareholders.  Our newly appointed Audit Committee has begun the process of identifying an independent
third party accountant or financial consultant in order to assist in completing an internal review and plans to adopt conflict of interest and
ethics rules, which will include the rules set forth in the Sarbanes-Oxley Act of 2002.  The Audit Committee has put these
efforts on hold until such time as the Company has sufficient capital to complete the Audit Committee's internal review.
In the absence of these corporate governance measures, and in general, the interests of Garnet and management may not
coincide with the interests of our shareholders, which could result in a loss of confidence by our shareholders or
potential investors adversely affecting the value of our common stock.

10:   We are not indemnified under our agreement with Garnet.

While Garnet is responsible for the rental and operation of heavy equipment and labor on the Garnet
Mineral Property and coordination of the exploration project management, we are not contractually indemnified by Garnet
for work stoppage, delays or interruption of operations, as a result of not being able to provide these services on a
timely manner.  Lack of performance or

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untimely performance on the part of Garnet could result in increased costs,
monetary losses, legal liability and possible adverse state governmental or BLM action.  The inability of Garnet to
perform could cause a delay in the progress of our exploration on our Garnet Mineral Property and our progression from
exploration into the development and production stages of mining, which may have an adverse effect on our financial
position, shareholders, and the identification of future financing.  The potential costs associated with losses or
liabilities not covered by Garnet's insurance will have a material adverse effect on our financial position and have
an adverse effect on the shareholders and the value of our common stock.

11:   Reliance on third party contractors.

The success of our Company will largely depend on the performance of our third party contractors to
provide mine and mill engineering, the rental and operation of heavy equipment, including drill rigs and labor, on the
Garnet Mineral Property and coordination of the exploration project management.  In addition, our contractors may face
a shortage of equipment and skilled personnel with the necessary experience in order to complete the work required in
the implementation of our business plan in a workman-like manner.  Several of these third party contractors include,
Cowboy Equipment, LLC c/o Roland Schumacher, the individual providing the heavy and industrial equipment used in the
current mineralized material shipping activities currently underway on the Lead King site; CDM Constructors, Inc., the
firm providing support services for mine and mill development; and O'Keefe Drilling, Inc., the firm completing all
reverse circulation drilling.  CDM Constructors, Inc. and O'Keefe Drilling, Inc. have substantial accounts payable
from the Company and have been forced to limit, and may from time to time be forced to discontinue their services on
our Garnet Mineral Property until such time that the Company is able to pay all or a portion of its obligations.  A
shortage of skilled and experienced contractors could have a material adverse effect on our ability to carry on our
operations and therefore limit, delay, or increase the cost of our operations which in turn could have an adverse
affect on the value of our common stock, and could cause our business to fail.

12:   Exploration stage mining companies experience a high rate of failure from
the occurrence of unanticipated issues.

Potential investors should be aware of the difficulties normally encountered by exploration stage
companies and the high rate of failure of such enterprises. The likelihood of success must be considered in light of
the problems, expenses, difficulties, complications and delays encountered in connection with the exploration stage.
These potential problems include, but are not limited to, unanticipated problems relating to exploration, and additional
costs and expenses that may exceed current estimates. The exploration stage also involves numerous hazards. As a result,
we may become subject to liability for such hazards, including pollution, cave-ins and other hazards against which we
cannot insure, or against which we may elect not to insure. In addition, there is no assurance that the expenditures to
be made by us in the exploration of the mineral claims will result in determining the existence of proven/probable reserve
deposits. Problems such as unusual or unexpected formations and other conditions are involved in exploration and often
result in unsuccessful exploration efforts and such results could adversely affect the execution of
our business plan.

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13:   Our property insurance may not cover liability that we may be subject to in the
future.

At the present time, we have a property liability insurance policy that covers all of our current
surface operations.  We cannot ensure that a property liability insurance policy will continue to be available, or to
be available at a favorable rate, which would force us to proceed in implementing its business plan with inadequate or
no property liability insurance.  We cannot ensure that our current coverage will sufficiently protect against all
unanticipated hazards, and if and when our operations expand to include more extensive above surface and underground
exploration, our current property liability coverage may be insufficient. The payment of such liabilities, that are
uncovered, or insufficiently covered, by our current property liability policy, may have a material adverse effect on
our financial position.

14:   Non-Consent to Use Geological Reports.

We have been unable to obtain consents for two historical geological reports:  the "Garnet Project
Summary," prepared by Pegasus Gold Corporation, and the "Mineral Property Valuation of the Garnet and Copper Cliff
Mining Districts in Garnet and Missoula Counties," prepared by Dr. John C. Brower, Ph.D.   We have deemed it necessary
to include portions of these reports, without the expert consents and with the acknowledgement that the reports are over
ten years old because the information in these reports describe the historical geological condition of the Garnet Mineral
Property, and historical exploratory mineralized material findings on such Garnet Mineral Property.   The information
contained in these reports was a contributing factor in entering into the option agreement with Commonwealth and to the
development of our current exploratory drilling program on the Garnet Mineral Property.   Because we have been unable to
obtain the consents of the authors of these geological reports, we have adopted the conclusions contained in such reports
as our own, even though we are not experts qualified to have prepared such reports and even though we have not
independently verified the accuracy of such reports.  No assurance can be given that the conclusions set forth in
such reports were accurate when made, were based on the opinions of experts willing to stand behind them, or that
such conclusions are accurate presently.

15:   We will continue to incur losses for the foreseeable future.

Prior to completion of the exploration stage, we anticipate that we will incur increased operating
expenses without realizing any significant revenues. We expect to incur continuing and significant losses into the foreseeable
future. As a result of continuing losses, we may exhaust all of our resources and be unable to complete exploration
of our acquired and optioned mineral claims. Our accumulated deficit will continue to increase as we continue to incur
losses. We may not be able to generate profits or continue operations if we are unable to generate significant revenues
from future mining of the mineral claims even if we exercise our options and our business will most likely fail.

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16:   Because access to the mineral property may be restricted by inclement weather, the Company may
be delayed in its exploration efforts.

Access to the mineral property may be restricted during parts of the year, due to weather in the area.
The property is in a mountainous area in the Garnet Mining District, Granite County, Montana which is accessible by county
roads, BLM roads, and private roads. Although these roads have been used for exploration in the past, they are best
traveled by four-wheel drive vehicles from spring to the beginning of winter. During the winter months, heavy snowfall
can make it difficult to undertake work programs. We do not currently plan drilling operations in the winter months.
Frequent inclement weather in the winter months makes exploration activities difficult and the planning of exploration
activities challenging. As a result, any attempt to explore the property is largely limited to the times when weather
permits such activities. The most efficient time for us to conduct our work programs is during the months of May through
November. These limitations can result in significant delays in our exploration efforts, as well as any future production.
Delays in exploration and drilling due to inclement weather could significantly increase the time that it would take to
explore the property, generate any operating revenues or achieve profitable operations, which could cause the failure of
our business.

17:   The mine exploration business is highly competitive.

The mine exploration business is highly competitive. Our preparation activities will be focused on
exploring our mineral property in order to determine the existence of proven/probable reserves. Many of our competitors
have greater financial resources than we have. As a result, we may experience difficulty competing with other businesses
regarding availability of equipment, qualified personnel, and future financing.  If we are unable to retain qualified
personnel, locate needed equipment while conducting exploration activities, or identify future financing, we may be unable
to enter into the development and production stages and may be unable to achieve profitable operations, causing our
business to fail.

18:   A ready market may not exist for the sale of any proven/probable reserves
identified in the future.

Even if we are able to successfully explore, develop and prepare an established commercially minable
proven/probable reserve deposit, a ready market may not exist for the sale of the extracted proven/probable reserves.
Numerous factors beyond our control may affect the marketability of gold proven/probable reserves that are prepared for
production. These factors include market fluctuations, the proximity and capacity of natural resource markets, processing
equipment, government regulations, including regulations relating to prices, taxes, royalties, land tenure, land use, and
environmental laws and regulations. These factors could inhibit our ability to sell proven/probable reserves in the event
that we are able to successfully explore, develop and prepare an established commercially minable proven/probable reserve
deposit for extraction, resulting in a materially adverse affect on our financial position, and the potential failure of
our business.

19:   Our operations are subject to numerous governmental permits which are difficult
to obtain and we may not be able to obtain or renew all of the permits we require, or such permits may not be timely
obtained or renewed.

In the ordinary course of business we are required to obtain and renew governmental permits for

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our operations, including operation and expansion of our exploration, and future development and production activities.
Obtaining or renewing the necessary governmental permits is a complex and time consuming process involving costly
undertakings by our company, and specifically by CDM Constructors, Inc., which presently assists us in preparing our
governmental permits.  The duration and success of our efforts to obtain and renew permits are contingent upon many
variables not within our control including the interpretation of applicable requirements implemented by the permitting
authority.  We may not be able to obtain or renew permits that are necessary to our operations, or the cost to obtain
or renew permits may exceed our estimates.  Failure to comply with applicable environmental and health and safety laws
and regulations may result in injunctions, fines, suspension or revocation of permits and other penalties.  There can
be no assurance that we have been or will at all times be in full compliance with all such laws and regulations and with
our environmental and health and safety permits or that we have all required permits.  The costs and delays associated
with compliance with such laws, regulations and permits and with the permitting process could stop us from proceeding
with the exploration or future development and production of our Garnet Mineral Property and could increase the costs of
exploration, and future development and production, and may materially adversely affect our business results of operations
or financial condition and may cause the failure of our business.

20:   Our anticipated underground mining operations are subject to stringent federal
and state safety regulations that increase our cost of doing business, and may place restrictions on our operating
methods.  In addition, government inspectors under certain circumstances, have the ability to order our operations to
be shut down based on safety considerations.

Our anticipated underground mining operations at our Nancy Hanks underground mining site are regulated
by the Mine Safety and Health Administration (MSHA) pursuant to Title 30 of the Code of Federal Regulations (CFR), and
specifically Parts 47 Hazard Communication; 48 Training and retraining of miners; 56 Safety and health standards - surface;
57 Safety and health standards - underground; 58 Health standards for metal and non metal mines; and 62 Occupational noise
exposure.  These regulations are comprehensive and affect numerous aspects of mining operations, including training of
mine personnel, mining procedures, the equipment used in mine emergency procedures, mine plans and other matters.  The
various requirements mandated by laws or regulations can have a significant effect on operating costs and place
restrictions on our methods of operations.  In addition, the Company is required to enact a safety program, including
planned actions setting forth procedures for emergencies, which include, but are not limited to cave-ins, power outages,
explosions, fire, inundation, ground control failures, and landslides.  Failure to adhere to MSHA standards and regulations
could subject the Company to costly fines, mine closure and possible injury and/ or death, which may become a source of
liability and may create an adverse affect on any future revenues and the shareholders would be subsequently adversely
affected.

21:   There is a limited potential for acid drainage from wastes on our exploration
and future mining activities at the Garnet Mineral Property.

Although baseline water testing of the historic Garnet Mineral Property does not show, either widespread
or, significant acid rock drainage issues, even after 100 years of mining in the area, our own geochemical testing of the
mineralized material from our exploration activities shows a

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limited potential for acid drainage from our wastes.  To
mitigate this potential occurrence and reduce the risks from acid rock drainage, we propose good waste management practices
such as, runoff control, lined tailings impoundments, and additional testing.  While appropriate steps will be taken to
prevent the potential for acid mine drainage, discharges of pollutants into the ground water and the environment may occur
and become a source of liability, which would have an adverse affect on any future revenues and our shareholders would be
subsequently adversely affected.

22:   We must comply with all Environmental Protection Agency (EPA) requirements, such
as the Clean Air Act and the Clean Water Act.

Throughout our exploration and future development and production activities on our Garnet Mineral Property
we fall under the jurisdiction of the EPA and must comply with all of their requirements such as the Clean Air Act and the
Clean Water Act.  While we believe that there is limited potential for non-compliance due to the minimal disturbance
produced from our exploration activities, we work closely with the State of Montana Department of Environmental Quality
("DEQ") to assess and mitigate any potential environmental impacts through good waste management practices.  Even through
our waste management practices, there is no assurance that we can completely eliminate discharges of pollutants into the
ground water and the environment, which may become a source of liability and may create an adverse affect on any future
revenues and the shareholders would be subsequently adversely affected.

23:   Our exploration operations are subject to any future environmental regulations,
which could result in additional costs and operational delays.

All phases of our operations are subject to current and future environmental regulation.  Environmental
legislation evolves in a manner which may require stricter standards and enforcement, increased fines and penalties for
non-compliance, more stringent environmental assessments of proposed projects and a heightened degree of responsibility
for companies and their officers, directors and employees.  There is no assurance that any future changes in environmental
regulation will not adversely affect our exploration efforts.

24:   Our exploration activities rely upon our ability to retain our current mining
permit and obtain additional permits for our future operations.

The majority of our wastes generated on the Garnet Mineral Property will be characterized as an exempt
waste pursuant to the Bevill Exemption from the Hazardous Waste Rules under the Resource Conservation and Recovery Act
("RCRA").  Therefore waste management on our Garnet Mineral Property will be regulated by the DEQ through its' mine
permitting process.  Concurrently, we hold a Small Miner Exclusion and Exploration Permit and are in compliance with, the
Small Mine Exclusion requirements required by the State of Montana DEQ.  Our current plan is to continue our exploration
activities through our small miner permit, until such time that our required surface disturbance is greater than five
acres.  We are required to obtain drilling permits, post bonds and perform remediation work for this physical disturbance
to the land in order to comply with the DEQ and BLM laws, rules and regulations. While we have planned exploration program
budgets for regulatory compliance, there is a risk that new laws, rules or regulations could increase our costs of doing
business, preventing us from carrying out our exploration program and, therefore, adversely affecting our operational
results.

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Additionally, we anticipate being able to begin underground mining with this small miner permit, there
is no guarantee that our operations will be successful, or that our operation will not require a surface disturbance
larger than five acres.  In the event that our future operations require an additional surface disturbance, there is no
guarantee that we will successfully prepare and receive a full mine permit.  Therefore, failure to maintain our current
small mining permit, or obtain a full mining permit would interfere with our plan of operations, which would have an
adverse affect on any future revenues and the shareholders would be subsequently adversely affected.  In addition, any
changes to these laws and regulations could have an adverse impact on our financial performance and results of operations
by, for example, required changes to operation constraints, technical criteria, fees or surety requirements.

25:   Several of our Prospecting Leases are on BLM owned patented claims.

On May 24, 2010, we acquired eight Prospecting Leases on BLM owned patented claims, which are part of
public lands administered by the BLM Montana State Office.  The land where these Prospecting Leases are located is
governed by the laws and regulations of the U.S. federal government and the state of Montana.  Any changes to the laws
and regulations governing mining operations on public lands could have an adverse impact on our financial performance
and results of operations by, for example, required changes to operation constraints, technical criteria, fees or surety
requirements.

26:   We may produce air emissions and pollutions that could fall under the
jurisdiction of U.S. Federal Laws.

Under the U.S. Resource Conservation and Recovery Act, mining companies may incur costs for generating,
transporting, treating, storing, or disposing of hazardous waste, as well as for closure and post-closure maintenance
once they have completed mining activities on a property.  Our mining operations may produce air emissions, including
fugitive dust and other air pollutants, from stationary equipment, storage facilities, and the use of mobile sources such
as trucks and heavy construction equipment which are subject to review, monitoring and/or control requirements under the
Federal Clean Air Act and State air quality laws.  Permitting rules may impose limitations on our production levels or
create additional capital expenditures in order to comply with the rules.

27:   Any new legislation that may be proposed could significantly affect the mining
industry.

Members of the U.S. Congress have repeatedly introduced, and may introduce in the future, bills which
would supplant or alter the provisions of the Mining Law of 1872.  If enacted, such legislation could change the costs
of holding unpatented mining claims and could significantly impact our ability to develop mineralized material on
unpatented mining claims.  In the past, such bills have proposed, among other things, to either eliminate or greatly
limit the right to a mineral patent and to impose a deferral royalty on production from unpatented mining claims.
Although it is impossible to predict at this point what, if any, legislated royalties might be, any future enactment
could adversely affect the potential for development of our mining claims on federal unpatented mining claims.  Any
future passage of such legislation could adversely affect our financial performance.

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28:   Increased costs could affect our financial condition.

We anticipate that costs on our Garnet Mineral Property will frequently be subject to variation from
one year to the next due to a number of factors, such as changing mineralized material grade, metallurgy and revisions
to mine plans in response to the physical shape and location of the mineralized material body.  In addition, costs are
affected by the price of commodities such as fuel and electricity.  Such commodities are at times subject to volatile
price movements, including increases that could make production at certain operations less profitable.  A material
increase in costs on our garnet Mineral Property could have a significant effect on our profitability.

29:   In the event that our optioned mining claims become invalid, we will lose all
rights that we have in the 23 patented and 122 unpatented mining claims.

We have an option to acquire 23 patented and 122 unpatented mining claims owned by Commonwealth.
WGM Group, a professional survey company in Missoula, Montana, surveyed, staked and filed all 122 unpatented claims.
These claims were staked on public lands administered by the BLM. The right to conduct exploration, development and
production mining programs on these 122 unpatented mining claims is subject to permitting by the BLM. The right to
conduct exploration, development and production mining programs on the 23 patented mining claims is subject to
permitting by the Montana DEQ. The invalidity of any claims would have an adverse affect on any future revenues.

In order to keep the 122 unpatented mining claims in good standing, the BLM requires an annual
maintenance fee be paid before August 31st of each year. In the event that these maintenance fees are not paid by
the August 31st deadline, the mining claims become invalid and revert to the BLM. In the event that our mining claims
become invalid, we will lose all rights that we have in the 122 unpatented mining claims.

In order to keep the 23 patented mining claims in good standing, the Granite County, Montana Treasurer
requires assessed property taxes to be paid for each respective mining claim by July 31st of each year. If we fail to
pay property taxes in a timely manner, we risk losing our rights in the 23 patented mining claims.  Current annual
assessment fees amount to $29,680 for unpatented claims and current property taxes on the 23 patented claims amount
to $1,540.  If these fees are not satisfied by us and/or Commonwealth, we would lose our rights in the claims and our
shareholders would be adversely affected.

30:   In the event we fail to make our scheduled option payments, we will lose all
interest that we have in the optioned patented and unpatented mining claims.

We have an option to acquire 23 patented and 122 unpatented mining claims that are owned or optioned by
Commonwealth.  Under our Option Agreement with Commonwealth, in lieu of our required annual option payments of $190,000
due on June 15, 2012,  Commonwealth  has agreed to payment in either cash or in-kind by way of payments to third parties
for surface improvements to the property made for the benefit of Commonwealth and valued at $190,000.  The $190,000 annual
option payment will resume during 2013 and 2014, and will increase to $400,000 during 2015 and 2016.  Under our Surface
Access Lease with Commonwealth we are

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required to make annual access lease payments of $60,000.  In the event that we fail
to make these payments in a timely manner, we may risk losing all rights in and to the claims.

31:   In the event that our acquired mining claims and leasehold interests become
invalid, we will lose the 91 unpatented mining claims and 8 leasehold interests.

On May 24, 2010, the Company entered into the Share Purchase Agreement with Commonwealth, to acquire 91
unpatented mining claims and 8 prospecting leases on United States BLM owned patented mining claims.  We are required to
make timely payment of all fees, including, but not limited to, all annual assessment fees required by the BLM, and, if
applicable, timely take any other actions necessary to keep all unpatented claims in good standing.  The 8 leasehold
interests on BLM-owned patented claims rely upon a prospecting permit obtained through the DEQ.  These leasehold interests
will continue in perpetuity provided that the Company, (i) files an extension for its Prospecting Permit 90 days prior to
the expiration date, (ii) tenders the annual rental payment, equal to $0.50 per acre, or a minimum of $20, (iii) drills
or excavates at least one exploration hole, trench, test pit, or performs some other comparable exploration, and (iv)
periodically update the DEQ on our operations plan and obtain and maintain an adequate bond.  In the event we fail to
maintain the acquired mining claims and leasehold interests in good standing, or in the event we do not exercise our
option to purchase the 122 unpatented and 23 patented mining claims, we are required to convey the 91 unpatented mining claims and
8 leasehold interests to Commonwealth at no cost to Commonwealth.  The invalidity, and loss of our acquired claims and prospector
leases would have an adverse affect on any future revenues and the shareholders would be subsequently adversely affected.

32:   We have not completed mapping and verification of our newly acquired 91 unpatented
claims and 8 prospecting leases on BLM owned patented claims.

We are currently in the process of completing the verification of ownership and mapping on the new 91
unpatented mining claims and 8 prospecting leases on BLM owned patented claims, which were acquired pursuant to the Share
Purchase Agreement with Commonwealth dated May 24, 2010.  There is no guarantee that we will be successful in this
endeavor, and in the event we are unsuccessful, we will be unable to explore these claims.  Our inability to explore
these claims, or verify the ownership of these claims, would interfere with our growth opportunities and may materially
adversely affect our business results of operations or financial condition.

33:   We have been exploring a mineral claim, of which we own no right or title to
the mineral rights thereon.

The Company has been doing preliminary exploratory work on one (1) patented mining claim referred to
as the, Grant and Hartford patented mining claim, ms# 7327, for the purpose of potentially acquiring the mineral rights.
As of the date of this Form 10-Q, the Grant and Hartford mining claim is not included in the Company's optioned, nor
purchased, mineral rights.  In the event we are unable to obtain the mineral rights to the Grant and Hartford mining
claim, we will be unable to proceed with our exploration activities on the claim and will lose the value of our exploration
results that we have already completed on the claim area.  In addition, in the event we are unable to obtain the mineral
rights, we may be unable to recover the expenditure of time and money devoted to the exploration, which would have an
adverse effect on the implementation of our business plan and potential revenues.

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34:   Compliance with Sarbanes-Oxley may result in our inability to achieve
profitability.

The Sarbanes-Oxley Act of 2002 was enacted to increase corporate responsibility and accountability, to
provide for enhanced penalties for accounting and auditing improprieties relating to publicly-traded companies, and to
protect investors by improving the accuracy and reliability of corporate disclosures pursuant to U.S. federal securities
laws. The Sarbanes-Oxley Act generally applies to all companies that file or are required to file periodic reports with
the SEC, under the Securities Exchange Act of 1934, as amended. Upon becoming a publicly reporting company, we are
required to comply with the Sarbanes-Oxley Act and its costs to remain in compliance with the federal securities
regulations.  The enactment of the Sarbanes-Oxley Act of 2002 has resulted in a series of rules and regulations by
the SEC that increase responsibilities and liabilities of directors and executive officers. The perceived increased
personal risk associated with these recent changes may make it more costly to attract or may deter qualified individuals
from accepting these roles.  If we are unable to attract and retain qualified officers, directors and board committee
members, which are required pursuant to the Sarbanes-Oxley Act of 2002, we may not be able to provide effective management
or comply with federal law. Additionally, significant costs incurred as a result of being a public company could divert
the use of finances from our operations resulting in the Company's inability to achieve profitability.

Risk Factors Relating to Our Common Stock and this Offering

35:   We are required to annually evaluate our internal control over financial
reporting pursuant to Section 404 of the Sarbanes-Oxley Act of 2002 and any adverse results from such evaluation
could result in a loss of investor confidence in our financial reports and have a material effect on the price of
our Common Stock.

Under Section 404 of the Sarbanes-Oxley Act of 2002, we are required to furnish a report by our
management on internal control over financial reporting.  Such a report must contain, among other matters, an assessment
of the effectiveness of our internal control over financial reporting,

including a statement as to whether or not our internal control over financial reporting is effective.  This assessment
must include disclosure of any material weaknesses in our internal control over financial reporting identified by our
management.  If we are unable to maintain and to assert that our internal control over financial reporting is effective,
or if we disclose material weaknesses in our internal control over financial reporting, investors could lose confidence
in the accuracy and completeness of our financial reports, which could have a material adverse effect on our stock price.

36:   Indemnification of Officers and Directors may prohibit stockholder action against
the Company.

Our Bylaws provide for indemnification to the fullest extent permitted by Montana law for any person
whom we may indemnify thereunder; including our directors, officers, employees and agents.  As a result, stockholders
may be unable to recover damages against directors for actions taken by them in good faith and with the belief that such
actions served the best interests of the Company, whether or not such actions actually did. Our Bylaws, therefore, may
reduce the likelihood of derivative litigation against directors and other types of stockholder litigation, even though
such action, if successful, might otherwise benefit us and our stockholders.

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37:   We are subject to compliance with securities law, which exposes us to potential
liabilities, including potential rescission rights.

Our shares of common stock have been offered to prospective investors pursuant to the terms and subject
to the conditions of Regulation D promulgated under the Securities Act of 1933, as amended (the "Securities Act").  Unless
the sale of our common stock otherwise qualifies for the statutory private offering exemption provided in Section 4(2) of
the Securities Act, purchasers of our common stock may have the right to rescind their purchase if any of our offerings
fail to comply with the requirements of Regulation D.  A similar right may exist under state securities law.  If we have
used the proceeds raised from any of our offerings prior to the time at which a rescission claim is made, there can be no
assurance that any funds will be available to return to any investors who may be entitled to the rescission of their
purchase of our common stock.

The basis for relying on such exemptions is factual; that is, the applicability of such exemptions
depends upon our conduct and that of those persons contacting prospective investors and completing the sales of our
common stock pursuant to our various offerings. We have not received a legal opinion to the effect that any of our prior
offerings were exempt from registration under any federal or state law. Instead, we have relied upon the operative facts
as the basis for such exemptions, including information provided by investors themselves.  If any prior
offering did not qualify for such exemption, we may face claims for rescission and other remedies.  We may become engaged in costly
litigation to defend these claims, which would lead to increased expenditures for legal fees and divert management's
attention from operating the business of the Company. If we could not successfully defend these claims, we may be
required to return proceeds from our offerings to investors, which would harm our financial condition. Additionally,
if we did not, in fact, qualify for the exemptions upon which we have relied, we may become subject to significant fines
and penalties imposed by the SEC and state securities agencies.

38:   The price of our Common Stock may be adversely affected by fluctuations in
gold prices.

The price of our common stock, our financial results, and our exploration, and future development
and mining activities may be significantly adversely affected by declines in the price of gold. Mineral prices
fluctuate widely and are affected by numerous factors beyond our control such as interest rates, exchange rates,
inflation or deflation, fluctuation in the value of the United States dollar and foreign currencies, global and
regional supply and demand, and the political and economic conditions of mineral producing countries throughout
the world.

39:   We have not paid dividends in the past and do not expect to distribute cash
dividends in the future.  Any return on investment may be limited to the value of our common stock.

We have never paid cash dividends on our common stock and we do not anticipate doing so in the
foreseeable future.   In the future, the payment of dividends on our common stock will depend on earnings, financial
condition and other business and economic factors affecting us at such time as our Board of Directors may consider
relevant.  If we do not pay dividends, our common stock may be less valuable because a return on your investment
will only occur if our stock price appreciates.

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40:   There is no public trading market for our Common Stock and no public market
may develop.

Even though the Company's Registration Statement on Form S-1 was declared effective by the SEC on
January 5, 2010, there is no trading market for our common stock, and there can be no assurance that such a market
will commence in the future.  There can be no assurance that an investor will be able to liquidate his or her investment
without considerable delay, if at all.  If a trading market does commence, the price may be highly volatile.

41:   Our Common Stock may be deemed a "penny stock", which would make it more
difficult for investors to sell their shares

Our common stock in all likelihood will trade at a price below $5.00 per share and become subject to
the "penny stock" rules enacted by the SEC. This would increase the likelihood that many brokerage firms will not
participate in a potential future market for our common stock.  These rules require, among other things, that brokers
who trade penny stock to persons other than "established customers" complete certain documentation, make suitability
inquiries of investors and provide investors with certain information concerning trading in the security, including
a risk disclosure document and quote information under certain circumstances.  Many brokers have decided not to trade
penny stocks because of the requirements of the penny stock rules and, as a result, the number of broker-dealers willing
to act as market makers in such securities is limited.  If we remain subject to the penny stock rules for any significant
period, it could have an adverse effect on the market, if any, for our securities.  If our securities are subject to the
penny stock rules, investors will find it more difficult to dispose of our securities.

42:   Our common stock is to certain restrictions on transferability.

Because our offerings of common stock have been made pursuant to Rule 506 of Regulation D promulgated
under the Securities Act of 1933, as amended, and have not been registered; sales and other transfers of our common stock
purchased in our various private offering are subject to certain restrictions as described in the section titled
"Restriction on Transferability of Securities," which is found at the end of our offering documents.

43:   Commonwealth owns a majority of our outstanding voting stock.

Commonwealth owns approximately 62.4%, or 20,759,532 shares of our total outstanding common stock.
The following individuals, officers and affiliates of our company, are members of Commonwealth and have beneficial
ownership and the right to vote the following shares of our company held by Commonwealth: Eric Sauve, 2,218,945 shares;
Aaron Charlton, 11,645,181 shares; Kim L. Charlton, 2,255,830 shares and Rodney K. Haynes, 4,639,576 shares.  Accordingly,
these stockholders, as a group, will be able to control, among other things, the outcome of stockholders votes, including
the election of directors, adoption of amendments to our Bylaws and Articles of Incorporation and approval of significant
corporate transactions such as mergers. Eric Sauve is our President, CEO, CFO and a director,  Aaron Charlton, our Senior
Consultant, supervises our drilling program, deals with contractors and is our liaison with the BLM state and local
agencies, Kim Charlton is Aaron Charlton's sister. The interests of Commonwealth and our management may not coincide
with the interests of our shareholders, which could result in a loss of confidence by our shareholders or potential
investors adversely

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affecting the value of our common stock.  Any conflicts of interest between the company and
Commonwealth could delay the implementation of our business plan, which could have a detrimental effect on our business
and the value of our shareholders' investment.



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

On September 30, 2010, pursuant to a private placement of our no par value common stock, upon which we
relied on an exemption provided by Section 4(2) and Rule 506 of Regulation D, promulgated under the Securities Act of
1933, as amended, we began offering on a "best efforts basis", an aggregate of 5,600,000 shares of our no par value
common stock at a purchase price of $1.25 per share.  The offering closed on February 1, 2011, of which $644,905 worth
of short-term notes and accrued interest were satisfied through the purchase of 515,924 shares, and 283, 966 shares were
purchase at $354,957 by 22 accredited investors.

On February 16, 2011, pursuant to a private placement of our common stock, upon which we relied on an
exemption provided by Section 4(2) and Rule 506 of Regulation D, promulgated under the Securities Act of 1933, as amended,
we began offering through our Placement Agent, Source Capital, and our Officers and Directors, on a "best efforts basis",
an aggregate of 6,160,000 shares of common stock at a purchase price of $1.25 per share.  The offering closed on May 17,
2011, of which 316,400 shares were purchased for at $395,500 by 17 accredited investors.

On or about, July 27, 2011, pursuant to a private placement of our common stock, upon which we relied on
an exemption provided by Section 4(2) and Rule 506 of Regulation D, promulgated under the Securities Act of 1933, as
amended, we began offering through our Officers and Directors, on a "best efforts basis," and through the date of this
Form 10-Q, 174,100 shares were purchased for aggregate proceeds of $348,200.

No advertising or general solicitation was employed in offering any of the securities. All certificates
evidencing the securities issued in such transactions bear restrictive legends as securities issued in non-registered
transactions that may only be resold in compliance with applicable federal and state securities laws. The applicable
subscription documents relating to such transactions contained acknowledgments by the purchaser of such securities that
the securities being acquired had not been registered, were restricted securities, could only be resold in compliance
with applicable federal and state securities laws and the certificates evidencing such securities would bear restrictive
legends.

Use of Proceeds From Registered Securities

The Company's Registration Statement filed on Form S-1 was deemed effective by the United States
Securities and Exchanges Commission on January 5, 2010.  The file number for this Form S-1 is 333-155507.  The Company's
offering in connection with this Registration Statement has not yet commenced due to the fact that the Company is
currently compiling the necessary .information to complete the 211 filing with FINRA and the subsequent filing with DTC in order
to begin electronic trading.

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ITEM 3.     Defaults Upon Senior Securities.

None.



ITEM 4.     (Removed)

N/A.



ITEM 5.     Other Information.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change of Fiscal Year.

On July 21, 2011, a majority of the Company's shareholders of record voted to give authority to the
Board of Directors to amend and restate the Company's Articles of Incorporation to reverse the preemptive and other
rights afforded the Series A Preferred Stockholders during the Annual Meeting dated June 24, 2010, to a version
consistent with the previous Articles of Incorporation and Amended Articles of Incorporation filed with the Montana
Secretary of State on or about March 15, 2007 and April 7, 2009 respectively.  On August 8, 2011, the Board of Directors
unanimously consented to Amending and Restating the Articles of Incorporation by deleting Articles III, Section 3
pertaining to "Series A Preferred Shares," in its entirety.  On or about, August 10, 2011, the Amended and Restated
Articles of Incorporation were filed with the Montana Secretary of State.



ITEM 6.     Exhibits.

|Exhibit Number | Description                                                                                                                                                                                                           
|-------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|3.4            | Amended Articles of Incorporation July 21, 2011                                                                                                                                                                       
|31.1           | Certification of the Chief Executive Officer, Chief Financial Officer and Director as adopted
pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                              
|31.2           | Certification of the Secretary/Treasurer and Director, as adopted pursuant to Section 302
of the Sarbanes-Oxley Act of 2002.                                                                                          
|32.1           | Certification of the Chief Executive Officer/Chief Financial Officer and its Secretary/Treasurer, as adopted pursuant
to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

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SIGNATURES

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

GRANT HARTFORD CORPORATION
Registrant

By:/s/Eric Sauve
        Eric Sauve       
President, Chief Executive Officer, Chief Financial Officer and Director



By:/s/David Gilmer
        David Gilmer       
Secretary/Treasurer and Director

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