Exhibit 14.1

ANCONA MINING CORPORATION
CODE OF ETHICS

TOPICS

| | 1.  |  | Statement of Policy                                         
| | --- |  | ------------------------------------------------------------
| | 2.  |  | Implementation and Enforcement                              
| | 3.  |  | Relations with Competitors and Other Third Parties          
| | 4.  |  | Insider Trading, Securities Compliance and Public Statements
| | 5.  |  | Financial Reporting                                         
| | 6.  |  | Human Resources                                             
| | 7.  |  | Environmental, Health and Safety                            
| | 8.  |  | Conflicts of Interest                                       
| | 9.  |  | International Trade                                         
| | 10. |  | Government Relations                                        
| | 11. |  | Contractors, Consultants, and Temporary Workers             
| | 12. |  | Conclusion                                                  

1. STATEMENT OF POLICY





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Violations of the law or the Company's policies will subject employees to disciplinary action, up to and including termination of employment. In addition, individuals involved may subject themselves and the Company to severe penalties including fines and possible imprisonment. Compliance with the law and high ethical standards in the conduct of Company business should be a top priority for each employee, officer and director.

1. IMPLEMENTATION AND ENFORCEMENT.
2. RELATIONS WITH COMPETITORS AND OTHER THIRD PARTIES.







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1. INSIDER TRADING, SECURITIES COMPLIANCE AND PUBLIC STATEMENTS.
2. FINANCIAL REPORTING.
3. HUMAN RESOURCES.
4. ENVIRONMENTAL, HEALTH AND SAFETY.





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Mining is a dangerous business.  At the very least, all employees should be familiar with and comply with safety regulations applicable to their work areas. The Company will make, to the extent possible, reasonable accommodations for the known physical or mental limitations of our employees. Employees who require an accommodation should contact Hugh Grenfal. The Company will then engage in an interactive process to determine what reasonable accommodations may exist.

1. CONFLICTS OF INTEREST.
2. INTERNATIONAL TRADE.





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Payments or gifts to non-U.S. government officials are prohibited by law and by Company policy. The Foreign Corrupt Practices Act precludes payments to non-U.S. government officials for the purpose of obtaining or retaining business, even if the payment is customary in that country. This law applies anywhere in the world to U.S. citizens, nationals, residents, businesses or employees of U.S. businesses. Because ANCONA MINING CORPORATION is a U.S. company, this law applies to the Company and all of its subsidiaries. Any questions on this policy should be directed to Hugh Grenfal.

1. GOVERNMENT RELATIONS.
2. VENDORS, CONTRACTORS, CONSULTANTS AND TEMPORARY WORKERS.
3. CONCLUSION.



________________________________________
Employee





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ANCONA MINING CORPORATION
VALUES

FOCUS We exist only because we are in the mining business.

RESPECT We value all people, treating them with dignity at all times.

EXCELLENCE We strive for "Best in Class" in everything we do.

ACCOUNTABILITY We do what we say we will do and expect the same from others.

TEAMWORK We believe that cooperative action produces superior results.

INTEGRITY We are honest with ourselves, each other, our customers, our partners and our shareholders

VERY OPEN COMMUNICATION We share information, ask for feedback, acknowledge good work, and encourage diverse ideas.

ENJOYING OUR WORK We work hard, are rewarded for it, and maintain a good sense of perspective, humor and enthusiasm.













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Reportable Violations - Anonymous Reporting Program

Accounting Error
Accounting Omissions
Accounting Misrepresentations
Auditing Matters
Compliance/Regulation Violations
Corporate Scandal
Domestic Violence
Discrimination
Embezzlement
Environmental Damage
Ethics Violation
Fraud
Harassment
Industrial Accidents
Misconduct
Mistreatment
Poor Customer Service
Poor Housekeeping
Sabotage
Securities Violation
Sexual Harassment
Substance Abuse
Theft
Threat of Violence
Unfair Labor Practice
Unsafe Working Conditions
Vandalism
Waste
Waste of Time and Resources
Workplace Violence





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