**United
      States**


**Securities
      and Exchange Commission**


Washington,
      DC 20549




**FORM
      10-KSB**





**x****ANNUAL
      REPORT UNDER 13 OR 15 (d) OF THE**


**SECURITIES
      EXCHANGE ACT OF 1934**





For
      the
      year ended September 30, 2007





**o****TRANSITION
      REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES**


**EXCHANGE
      ACT OF 1934**




Commission
      file Number: 0-52518





**SUNRISE
      MINING CORPORATION**


Exact
      name of small business issuer as specified in its charter






Nevada
            
            20
                - 8051714(State
                or other jurisdiction of incorporation or organization)
            
            I.R.S.
                Employer Identification No.





**1108
      W. Valley Blvd, STE 6-399**


**Alhambra,
      CA 91803 United States**


(Address
      of principal executive offices)





**(626)
      407-2618**


Issuer's
      telephone number





Securities
      registered under Section 12(b) of the Exchange Act:





Title
                of each class
            Title
                of each exchange on which registeredN/A
            N/A





Securities
      registered under Section 12(g) of the Exchange Act: **Common Stock, $.001
      par value**





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





Check
      whether the issuer is not required to file reports pursuant to Section 13 or
      15(d) of the Exchange Act.


Yes
x  
No
o




Check
      if
      there is no disclosure of delinquent filers in response to Item 405 of
      Regulation S-B contained in this form, and no disclosure will be contained,
      to
      the best of registrant's knowledge, in definitive proxy or information
      statements incorporated by reference in Part III of this Form 10-KSB or any
      amendment to this Form 10-KSB. Yes o  No x










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





State
      issuer's revenues for its most recent fiscal year: $ 0





State
      the
      aggregate market value of the voting and non-voting common equity held by
      non-affiliates computed by reference to the price at which the common equity
      was
      sold, or the average bid and asked price of such common equity, as of a
      specified date within the past 60 days: $1,316,168 as of December 20,
      2007.





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





Check
      whether the issuer has filed all documents and reports required to be filed
      by
      Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
      under a plan confirmed by a court. Yes o   No o





**(APPLICABLE
      ONLY TO CORPORATE REGISTRANTS)**





State
      the
      number of shares outstanding of each of the issuer's classes of common equity,
      as of the latest practicable date: 6,185,090 shares of Common Stock as of
      December 20, 2007.





**DOCUMENTS
      INCORPORATED BY REFERENCE**





None




Transitional
      Small Business Disclosure Format (Check one): Yes o  No x







2







INDEX


Page
                NumberItem
                Number
            
            Caption
                             
                               
                     
                                    PART
                IItem
                1.
            
            Description
                of Business
            4Item
                2.
            
            Description
                of Property
            8Item
                3.
            
            Legal
                Proceedings
            8Item
                4.
            
            Submission
                of Matters to a Vote of Security Holders
            8PART IIItem
                5.
            
            Market
                for Common Equity and Related Stockholder Matters
            9Item
                6.
            
            Management's
                Discussion and Analysis or Plan of Operation
            9Item
                7.
            
            Financial
                Statements
            10Item
                8.
            
            Changes
                in and Disagreements with Accountants on Accounting and Financial
                Disclosure
            10Item
                8A
            
            Controls
                and Procedures
            10Item
                8B
            
            Other
                Information
            10PART
                IIIItem
                9
            
            Directors,
                Executive Officers, Promoters and Control Persons; Compliance with
                Section
                16(a) of the Exchange Act
            11Item
                10
            
            Executive
                Compensation
            12Item
                11
            
            Security
                Ownership of Certain Beneficial Owners and Management and Related
                Stockholder Matters
            12Item
                12
            
            Certain
                Relationships and Related Transactions, and Director
                Independence
            13Item
                13
            
            Exhibits
            14Item
                14
            
            Principal
                Accountant Fees and Services
            14Signatures
            
            
            27









3







**PART
      I**





**ITEM
      1.********DESCRIPTION OF
      BUSINESS**





**General**





Sunrise
      Mining Corporation ("Sunrise") is a mining exploration company. Sunrise is
      engaged in the acquisition and exploration of mineral properties with a view
      to
      exploiting any mineral deposits we discover. Presently, we own a 100% interest
      in one mineral claim that is located in Mongolia. There is no assurance that
      a
      commercially viable mineral deposit exists on this property.





**Background**





Sunrise
      was incorporated on October 25, 2005, in the State of Nevada as a wholly owned
      subsidiary of Magnum d'Or Resources, Inc. ("Magnum"), a publicly traded
      registered public company (trading symbol MDOR), that is traded on the NASD
      Electronic Bulletin Board over-the-counter market (OTC-BB). On October 25,
      2005,
      Magnum transferred all of its mining rights and options to acquire mining claims
      in Mongolia to Sunrise which comprised substantially all of the assets of
      Magnum. Sunrise continued the exploration program of Magnum in Mongolia and
      earned the right to exercise the options on its mining claims and to obtain
      a
      100% ownership interest in its two mining claims called the Khul Morit property
      and the Shandi property. On December 15, 2006, Sunrise incorporated a wholly
      owned subsidiary called Oriental Magnum Inc. in Mongolia to hold the title
      of
      its mining claims. On September 20, 2007, Sunrise completed its spin-off from
      Magnum to Magnum's stockholders of record on January 23, 2007. On September
      28,
      2007, Sunrise decided not to renew its Shandi license for business
      reason.





Mineral
      property exploration is typically conducted in phases. Each subsequent phase
      of
      exploration work is recommended by a geologist based on the results from the
      most recent phase of exploration. Sunrise has completed the initial phases
      of
      exploration on its Khul Morit property. Sunrise will make a decision as to
      whether or not we will proceed with each successive phase based upon the
      analysis of the results of that exploration program. Our directors will make
      this decision based primarily upon the recommendations of the independent
      geologist who conducts the program and records the results and upon the
      availability of financing for each property.





Our
      plan
      of operation is to continue exploration work in order to ascertain whether
      it
      possesses economic quantities of gold, copper, molybdenum, silver, or other
      metals. There can be no assurance that an economic mineral deposit exists on
      the
      property until appropriate exploration work is fully completed.





Even
      if
      the Company completes our proposed exploration programs on a property and we
      are
      successful in identifying a mineral deposit, we will have to spend substantial
      funds on further drilling and engineering studies before we will know if we
      have
      a commercially viable mineral deposit.





**Khul
      Morit Mining Claim**





Sunrise
      owns a 100% ownership interest in a prospective copper/gold mining property
      called the Khul Morit property (Mongolia Exploration License No. 6283x) located
      in south central Mongolia that consists of approximately 494
      hectares.





The
      Khul
      Morit property was originally acquired by Magnum from Ms. Khulan Choilon through
      an option agreement dated December 8, 2003, in exchange for $25,000, 2,000,000
      shares of the common stock of Magnum, and a commitment to expend $100,000 in
      exploration work. Ms. Choilon retained a 1.5% net smelter royalty interest
      in
      the production from the property. Until the obligations of Magnum were
      fulfilled, the license to the Khul Morit property was held by Khulan Choilon.
      The license was transferred and renewed in January 2007 and is presently held
      in
      the name of Oriental Magnum, Inc, a wholly owned subsidiary of the
      Company.





In
      August 2007, Sunrise successfully renewed the exploration licenses for its
      Khul
      Morit property (license number "6283")




The
      principal exploration program of Sunrise at its Khul Morit property has been
      the
      drilling of nine exploration holes conducted by Rio Minerals Limited of
      Vancouver, Canada. Hole No. 4 cut 33 meters (108 feet) which assayed an average
      grading of 1.74% copper. A 27 meter section of this hole, at approximately
      88
      feet, assayed at 2.09% copper at a depth of 29 meters to 56 meters The highest
      core sample assay was 6.59% copper. Sunrise believes that these assay statistics
      justify further drill hole in the area of Hole No. 4 to determine the scope
      of
      this copper deposit. Mr. Gregory R. Thompson of Rio Minerals Limited, a
      consulting geologist of Sunrise, has recommended that further drilling be
      carried out around this tourmaline breccia body to determine the extent of
      the
      copper mineralization within the core of the breccia based upon the assay
      results of the exploration holes.


4


**Mongolia
      Exploration Plans**





Sunrise
      intends to continue its exploration work at its Khul Morit property in Mongolia,
      subject to its ability to raise capital through equity and possible debt
      financing to pay the costs of drilling additional exploratory holes and
      geological and assay analysis of the results of such drilling
      activity.




**Compliance
      with Government Regulation**





We
      will
      be required to comply with all regulations, rules and directives of governmental
      authorities and agencies applicable to the exploration of minerals in
      Mongolia.





We
      will
      have to sustain the cost of reclamation and environmental mediation for all
      exploration and development work undertaken. The amount of these costs is not
      known at this time as we do not know the extent of the exploration program
      that
      will be undertaken beyond completion of the currently planned work programs.
      Because there is presently no information on the size, tenor, or quality of
      any
      resource or reserve at this time, it is impossible to assess the impact of
      any
      capital expenditures on earnings or our competitive position in the event a
      potentially economic deposit is discovered.





If
      we
      enter into production, the cost of complying with permit and regulatory
      environment laws will be greater than in the exploration phases because the
      impact on the project area is greater. Permits and regulations will control
      all
      aspects of any production program if the project continues to that stage because
      of the potential impact on the environment. Examples of regulatory requirements
      include:





·
            Water
                discharge will have to meet water
                standards;





·
            Dust
                generation will have to be minimal or otherwise
                re-medicated;





·
            Dumping
                of material on the surface will have to be re-contoured and
                re-vegetated;





·
            An
                assessment of all material to be left on the surface will need to
                be
                environmentally benign;





·
            Ground
                water will have to be monitored for any potential
                contaminants;





·
            The
                socio-economic impact of the project will have to be evaluated and
                if
                deemed negative, will have to be re-mediated;
                and





·
            There
                will have to be an impact report of the work on the local fauna and
                flora.





**Research
      and Development Expenditures**





Sunrise
      has incurred research or development expenditures since our incorporation
      through the end of 2007. Since the close of the fiscal year ended September
      30,
      2006, Sunrise retained the services of Gobi Exploration LLC, a local exploration
      company in Mongolia, for the re-logging of all cores and necessary research
      work
      in porphyry-copper-gold systems with the assistance of additional experienced
      geologists. Sunrise has received a comprehensive report on what has been
      discovered at Khul Morit property, its possible mineralization model, and the
      recommendation for the next stage of exploration. The cost for this work was
      $5,000.





**Employees**





Sunrise
      is presently a mining exploration company with two employees.





Officers
      devote only such time to the affairs of the Company as they deem appropriate.
      Management of the Company expects to use consultants, attorneys, and accountants
      as necessary, and does not anticipate a need to engage any full-time employees
      so long as it is seeking and evaluating businesses to acquire. The need for
      employees and their availability will be addressed in connection with a decision
      whether or not to acquire or participate in a specific business
      industry.




**Change
      of Control**





After
      Sunrise Mining Corporation (the "Company"), a former wholly owned subsidiary
      of
      Magnum D'OR Resources, Inc. ("Magnum"), completed its spin-off from Magnum
      to Magnum's stockholders of record on January 23, 2007.  The 100,000
      shares of common stock of the Company previously owned by Magnum were cancelled,
      and the Company issued 5,785,090 shares of its common stock to Magnum's
      stockholders of record on January 23, 2007.  The Company now is an
      independent exploration stage mining company.






5


**Patents
      and Trademarks**





We
      do not
      own, either legally or beneficially, any patents or trademarks.




**RISK
      FACTORS**





**We
      have not commenced mining production, thus we face a high degree of
      risk.**




We
      do not
      own any producing properties nor own right to any properties that have proven
      reserves of commercially viable quantities of valuable metals. Accordingly,
      we
      have no way to evaluate the likelihood that our business will be successful.
      Since our incorporation, we have been involved primarily in organizational
      activities, cursory exploration of the mining properties and due diligence
      on
      potential acquisitions of producing mineral properties in Mongolia. We have
      not
      earned any revenues since our inception. Shareholders should be aware of the
      difficulties normally encountered by new mineral exploration 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 of the mineral properties
      that we plan to undertake. These potential problems include, but are not limited
      to, unanticipated problems relating to exploration, and additional costs and
      expenses that may exceed current estimates. Prior to completion of our
      exploration stage, we anticipate that we will continue to incur increased
      operating expenses without realizing any revenues. We therefore expect to incur
      significant losses into the foreseeable future. We recognize that if we are
      unable to generate significant revenues from development of the mining property
      and the production of minerals from the claims, or if we are unable to acquire
      producing properties, we will not be able to earn profits or continue
      operations. There is no history upon which to base any assumption as to the
      likelihood that we will prove successful, and we can provide shareholder with
      no
      assurance that we will generate any operating revenues or ever achieve
      profitable operations. If we are unsuccessful in addressing these risks, our
      business will most likely fail.




**Because
      the speculative nature of exploration of mining properties, it is unlikely
      that
      we will discover a mineral deposit on the undeveloped mining
      claims**.





The
      search for valuable minerals as a business involves substantial risks. It has
      not been determined whether our undeveloped mineral claim contains any economic
      mineralization or reserves of gold or copper or any other minerals. Problems
      such as unusual or unexpected formations and other conditions are involved
      in
      mineral exploration and often result in unsuccessful exploration efforts. In
      such a case, which is likely, we will be unable to generate any revenues from
      operations and will be unable to successfully complete our business plan.





**Because
      of the inherent dangers involved in mineral exploration, there is risk that
      we
      may incur liability or damages as we conduct our business.**




The
      search for valuable minerals 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.





**If
      we become subject to burdensome government regulations or other legal
      uncertainties, our cost of conducting exploration could increase
      substantially.**




There
      are
      several governmental regulations that materially restrict mineral property
      exploration and development. Under Mongolia mining law, to engage in certain
      types of exploration will require work permits, the posting of bonds, and the
      performance of remediation work for any physical disturbance to the land. While
      these current laws do not affect our current exploration plans, if we proceed
      to
      commence additional drilling operations on the undeveloped mining claims, we
      will incur regulatory compliance costs. In addition, the legal and regulatory
      environment that pertains to the exploration of mineral properties is uncertain
      and may change. Uncertainty and new regulations could increase our costs of
      doing business and prevent us from exploring for ore deposits. The growth of
      demand for certain minerals may also be significantly slowed. This could delay
      growth in potential demand for and limit our ability to generate revenues.
      In
      addition to new laws and regulations being adopted, existing laws may be applied
      to mining that have not as yet been applied. For example, foreign ownership
      laws
      that are applicable in certain business sectors could be applied to mineral
      property ownership, or laws relating to national parks could be applied to
      the
      mining claims in Mongolia if current park boundaries are expanded. Current
      Mongolia foreign ownership laws require government approval of any ownership
      transfers to foreign individuals and corporations. If such laws are changed
      regarding mineral property ownership, we may be prevented from holding title
      to
      mineral claims located in Mongolia because we are incorporated in the United
      States. Any new laws may increase our cost of doing business with the result
      that our financial condition and operating results may be harmed.




The
      government of Mongolia has recently changed its laws regarding mining
      exploration. These new laws require exploration companies to expend a minimum
      amount of capital on a mining claim in order to obtain a renewal of the
      government license covering such claim. The failure to conduct exploration
      on a
      mining claim will result in the forfeiture of the applicable license due to
      its
      nonrenewable by the government of Mongolia.





The
      government of Mongolia has also recently adopted a "windfall profit" tax on
      profits from mining operations. The law constitutes a 68% tax on profits from
      mineral sales when the sales price of copper exceeds $1.18 per pound and the
      sales price of gold exceed $500 per ounce.






6


**Risks
      of Doing Business in Mongolia.**




Doing
      business in Mongolia involves various risks including internal and international
      political risks, evolving national economic policies as well as financial
      accounting standards, possible expropriation and the potential for a reversal
      in
      economic conditions. Adverse changes in economic policies of the government
      in
      Mongolia or in its laws and regulations could have a material adverse effect
      on
      our operations in Mongolia. For example, other countries have expropriated
      and
      nationalized some of their natural resources. Sunrise is not aware of any plan
      or indication that the government in Mongolia intends to expropriate and
      nationalize its natural resources, however, such action would likely adversely
      affect our business operation or cause a loss of our mining
      properties.




**We
      only have mineral rights to the Mongolia
      mining claims and the landowner may be able to prevent us from conducting
      further exploration on the claims.**




We
      hold
      the exclusive right to explore our Mongolia property for mineralization and
      to
      remove minerals from the property. However, our rights are subject to those
      held
      by the fee simple property owner, the government of Mongolia, to make use of
      the
      land. If the government decides to develop, sell or make any other use of the
      land, our right to explore the property could be impacted. As a result, we
      would
      not be able to continue exploration on the property and we would be forced
      to
      abandon our undeveloped mining claim.





**Financial
      position of the Company, working capital deficit; report of independent
      auditors.** The success of Sunrise's operations is largely dependent upon
      its ability to develop its existing property and/or acquire producing mining
      properties and to improve operating efficiencies, generate adequate cash-flows
      from operations. Sunrise's operations are subject to numerous risks associated
      with the establishment of its business, including lack of adequate financing
      sources. In addition, Sunrise has in the past and may again in the future
      encounter unanticipated problems, some of which may be beyond Sunrise's
      financial and technical abilities to resolve. The failure to adequately address
      such difficulties could have a materially adverse effect on Sunrise's
      prospects.





Murrell,
      Hall, McIntosh & Co., PLLP and McElravy, Kinchen & Associates, P.C., the
      previous and current independent auditors of Sunrise, have expressed substantial
      doubt regarding the ability of Sunrise to continue as a going concern because
      of
      the lack of revenues and the working capital deficit of Sunrise.




**Availability
      and Integration of Future Acquisitions.** Sunrise's strategy includes
      pursuing acquisition opportunities that complement our business objectives.
      Potential competitors for acquisition opportunities include larger companies
      with significantly greater financial resources. Competition for the acquisition
      of mining properties and producing mining companies may result in acquisitions
      on terms that prove to be less advantageous to Sunrise than have been attainable
      in the past or may increase acquisition prices to levels beyond Sunrise's
      financial capability. Sunrise's financial capability to make acquisitions is
      partially a function of its ability to access the debt and equity capital
      markets. In addition, Sunrise may not find attractive acquisition candidates
      in
      the future or succeed in reducing the costs and increasing the profitability
      of
      any business acquired in the future.




**Potential
      Quarterly Fluctuations**. Sunrise may experience variability in its
      production, net sales and net income on a quarterly basis as a result of many
      factors, including the market value for copper, gold and other metals and due
      to
      weather conditions in Mongolia.




**Dependence
      on Senior Management**. Sunrise's future performance will depend to a
      significant extent upon the efforts and abilities of its key management
      personnel. Sunrise does not have a key life insurance policy on its officers.
      The loss of service of one or more of the Sunrise's key management personnel
      could have an adverse effect on Sunrise's business. Sunrise's success and plans
      for future growth will also depend in part on managements continuing ability
      to
      hire, train and retain skilled personnel in all areas of its
      business.





In
      the
      past, the two directors and officers of Sunrise have provided their services
      on
      a part time basis, one of which averages 20 hours per week and the other
      averages five hours of services per week. The level of operations of Sunrise
      has
      not necessitated the full time services of its directors and officers. The
      directors and officers may continue to pursue other business activities
      independently of Sunrise. If the level of business activity of Sunrise
      increases, the directors and officers of Sunrise intends to devote additional
      time to the management of Sunrise and intend to retain additional management
      personnel whenever necessary and appropriate.





**Management's
      Lack of Mining Experience and Education**. Our directors and officers
      have not had any previous experience in the management of a mining company,
      and
      are not geologists or mining engineers. As a result, the Company has retained
      independent consulting geologists to conduct and evaluate its exploration
      program in Mongolia, and will continue to depend upon such consultants until
      the
      level of its mining operations justifies the cost of hiring geologists and/or
      mining engineers as management or employees of Sunrise.





**Indemnification.**
      Sunrise's Articles of Incorporation limits the liability of its directors and
      offices to Sunrise and its shareholders to the fullest extent permitted by
      Nevada law, and provides for indemnification of the directors and offices to
      such extent. Sunrise may obtain director-officer liability insurance. These
      measures will provide additional protection to the directors and officers of
      Sunrise against liability in connection with certain actions and
      omissions.






7




**Conflicts
      of Interest**. There are anticipated conflicts of interest between
      Sunrise and its stockholders, and there may be potential conflicts of interest
      involving the Company and its stockholders, some of which may affect the planned
      business activities of Sunrise. The Board of Directors will attempt to resolve
      any conflict of interest situation which may arise and which is brought to
      the
      attention of the Board of Directors on a case-by-case basis.





**Shares
      Eligible for Future Sale.** A substantial number of outstanding shares of
      Sunrise's Common Stock will be "restricted securities". However, under certain
      circumstances such shares may in the future be sold in compliance with Rule
      144
      adopted under the Securities Act of 1933, as amended, or some other exemption
      from registration under the Securities Act of 1933. Future sales of those shares
      under Rule 144 or other exemption could depress the market price of the Common
      Stock in the future.




**Applicability
      of**  **A**  **Penny Stock Rules.**
      Federal regulations under the U.S. Securities Exchange Act of 1934, as amended
      (the "Exchange Act"), regulate the trading of so-called penny stocks (the "Penny
      Stock Rules"), which are generally defined as any security priced at less than
      $5.00 per share and offered by an issuer with limited net tangible assets and
      revenues. In addition, equity securities which are priced at less than $5.00
      per
      share are deemed penny stocks for the limited purpose of Section 15(b)(6) of
      the
      Exchange Act which makes it unlawful for any broker-dealer to participate in
      a
      distribution of any penny stock without the consent of the Securities and
      Exchange Commission if, in the exercise of reasonable care, the broker-dealer
      is
      aware of or should have been aware of the participation of previously sanctioned
      persons. Therefore, if, during the time in which the Common Stock is quoted
      on
      any market, the Common Stock is priced below $5.00 per share, trading of the
      Common Stock will be subject to the provisions of Section 15(b)(6) of the
      Exchange Act. In such event, it may be more difficult for the stockholder to
      sell Common Stock in the future in the secondary market.




Because
      Sunrise's Common Stock is currently traded in the over-the-counter market for
      less than $5.00 per share, the Common Stock of Sunrise is considered a penny
      stock, and trading in its Common Stock is subject to the full range of Penny
      Stock Rules. Accordingly, the application of the comprehensive Penny Stock
      Rules
      may make it more difficult for broker-dealers to sell Sunrise's Common Stock
      and
      stockholders of the Company may have difficulty in selling their Shares in
      the
      future in the secondary trading market.





**ITEM
      2.********DESCRIPTION OF
      PROPERTY**





The
      principal executive offices of the Company are located at 1108 W. Valley Blvd.,
      Suite 6-399, Alhambra, CA 91803, provided by an officer and director of the
      Company at no cost to the Company.





**ITEM
      3.********LEGAL
      PROCEEDINGS**




The
      Company is not a party to any material pending legal proceedings, and to the
      best of its knowledge, no such proceedings by or against the Company have been
      threatened.





**ITEM
      4.********SUBMISSION OF
      MATTERS TO A VOTE OF SECURITY HOLDERS**





None






8


**PART
      II**





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





Although
      quotations for the Company's Common Stock appear on the NASD over-the-counter
      Electronic Bulletin Board, there is no established trading market for the Common
      Stock. Since the Company obtained the ticker symbol (OTCBB: SUIP.OB) on November
      20, 2007, transactions in the Common Stock can only be described as sporadic.
      Consequently, the Company is of the opinion that any published prices cannot
      be
      attributed to a liquid and active trading market and, therefore, are not
      indicative of any meaningful market value.





The
      following table sets forth for the respective periods indicated the prices
      of
      the Company's Common Stock on the NASD over-the-counter Electronic Bulletin
      Board. Such prices are based on inter-dealer bid and asked prices, without
      markup, markdown, commissions, or adjustments and may not represent actual
      transactions.




Date
            
            High
                Bid
            
            Low
                BidDecember
                06, 2007
            
            $
            .10
            
            $
            .10December
                07, 2007
            
            $
            1.00
            
            $
            .10December
              12, 2007
            
            $
            .35
            
            $
            .05December
              14, 2007
            
            $
            .15
            
            $
            .05December
              20, 2007
            
            $
            .07
            
            $
            .025


As
        of
        December 20, 2007, the closing price for the Company's Common Stock was $0.05
        per share. There are no outstanding options or warrants to purchase shares
        of
        Common Stock of the Company.


Since
      its
      inception, no dividends have been paid on the Company's Common Stock. The
      Company intends to retain any earnings for use in its business activities,
      so it
      is not expected that any dividends on the Common Stock will be declared and
      paid
      in the foreseeable future.





At
      September 30, 2007, there were approximately 106 holders of record of the
      Company's Common Stock.





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




**Forward
      Looking Information and Cautionary Statements**





When
      used
      in this report in this Form 10-SB, the words "may," "will," "expect,"
      "anticipate," "continue," "estimate," "project," "intend," and similar
      expressions are intended to identify forward-looking statements regarding
      events, conditions, and financial trends that may affect Sunrise's future plans
      of operations, business strategy, operating results, and financial position.
      Persons reviewing this report are cautioned that any forward-looking statements
      are not guarantees of future performance and are subject to risks and
      uncertainties and that actual results may differ materially from those included
      within the forward-looking statements as a result of various factors. Such
      factors are discussed under the headings "Item 1. Description of Business",
      including "Risk Factors" and "Item 6. Management's Discussion and Analysis
      of
      Financial Condition or Plan of Operations," and also include general economic
      factors and conditions that may directly or indirectly impact the Company's
      financial condition or results of operations.




Although
      we believe that the expectations reflected in the forward-looking statements
      are
      reasonable, we cannot guarantee future results, levels of activity, performance,
      or achievements. Moreover, we do not assume responsibility for the accuracy
      and
      completeness of such forward-looking statements. We are under no duty to update
      any of the forward-looking statements after the date hereof to conform such
      statements to actual results.





**General**





The
      following discussion and analysis summarizes the results of operations of
      Sunrise Mining Corporation, Inc. (the "Sunrise" or "we") for the fiscal year
      ended September 30, 2007.





Sunrise
      is a mining exploration company that currently holds one property in Mongolia.
      The Company previously held two properties in Mongolia, one property was allowed
      to expire after some work was done but the results did not justify any more
      financial expenditure. Sunrise is looking for to acquire some good properties
      in
      other places. Currently, the Company focuses its resources primarily on the
      development and financing of its Mongolian property. At present, its property
      is
      not in production and, consequently, it has no current operating
      income.





**Overview**





Sunrise
      owns a 100% ownership interest in a prospective copper/gold mining property
      called the Khul Morit property (Exploration License No. 6283x) located in south
      central Mongolia that consists of approximately 494 hectares.





Political
      Environment





In
      April
      2006, there were mass protests against the Mongolian government's granting
      of
      mineral concessions to North American firms, and the Mongolian government has
      amended its mining laws. The political situation in Mongolia had once
      deteriorated to the point that management believed that it would be better
      for
      us to hold onto our mining investments until everything was clear. The political
      environment in Mongolia has improved recently, and management of Sunrise is
      considering whether or not to proceed with its exploration program on the Khul
      Morit property.





"Windfall
      profits" tax





The
      Mongolian government, on May 12, 2006, imposed what it is called a "windfall
      profits" tax on mining carried out in that country. The law constitutes a 68%
      tax on profits from mineral sales when copper and gold price are above US$1.18
      per pound and US $500 per ounce, respectively. The new tax has caused
      significant investor concerns and is inhibiting investment in Mongolia's mining
      industry.





Given
      the
      recent political and mining law changes in Mongolia, we presently believe it
      would be in our best interests to ensure our investments in Mongolia are secure
      before a further exploration program can be carried on.






9









Any
      additional evaluation test drilling at the Kohl Morit property will require
      substantial capital expenditures to determine the scope of its copper reserves
      and to evaluate its commercial viability. Sunrise does not have the necessary
      capital to conduct additional test drilling to fully evaluate this mining
      property at this time. Management plans to raise funds and proceed with
      next
      phase exploration program; however, there is no assurance that investment funds
      will be made available to Sunrise.  Also, management is currently
      discussing with two third parties on a possible join-venture exploration program
      on its KM property, but no agreement has been reached yet.




**Results
      of Operations**





Comparison
      of the Years Ended September 30, 2007 and 2006





The
      Company anticipates incurring a loss as a result of exploration and development
      expenses, and expenses associated with the operations of the Company. The
      Company does not anticipate any revenue in the near future until its mineral
      interests have reached the point of economic viability. Additional expenditures
      are necessary to determine if any future revenues will be generated from its
      property.





For
      the
      year ended September 30, 2007 compared to the year ended September 30, 2006,
      Sunrise had a net loss of $93,540 to $45,464, respectively, a 105.75% increase
      in net loss, mainly due to an increase in professional fees in connection
      with the spin-off.





Mining
      exploration costs increased 10.64% to $19,937 during the year ended September
      30, 2007 as compared to $18,019 for the comparable period in 2006.





General
      and administrative expenses increased 168% to $73,603 during the year ended
      September 30, 2007 as compared to $27,445 for the comparable period in 2006,
      mainly due to an increase in professional fees in connection with the
      spin-off.





**Liquidity
      and Capital Resources**





At
      September 30, 2007, Sunrise had current assets of $0, a working capital of
      $97,335, and had $56,933 of net cash used by operations during the year ended
      September 30, 2007.





The
      Company had no current asset at September 30, 2007 and at September 30,
      2006.





Sunrise
      must rely on corporate officers, directors and outside investors in order to
      meet its budget for further exploration. If Sunrise were unable to obtain
      financing from any of one of these aforementioned sources, Sunrise would not
      be
      able to complete its financial obligations regarding the exploration and
      development of its Mongolian property or to continue as a going
      concern.





Management
      is currently looking for the capital to complete our corporate objectives.
      In
      addition, we may engage in joint mining activities with other companies. Sunrise
      cannot predict the extent to which its liquidity and capital resources will
      be
      diminished prior to the consummation of a business acquisition or whether its
      capital will be further depleted by its operating losses. Sunrise has not
      engaged in discussions concerning potential business combinations.





Limited
      commitments to provide additional funds have been made by management and other
      shareholders. We cannot provide any assurance that any additional funds will
      be
      made available on acceptable terms or at all.





**ITEM
      7.  FINANCIAL STATEMENTS**





The
      financial statements required by this Item 7 begin with the Index to the
      Financial Statements which is located prior to the signature page.





**ITEM
      8.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
      FINANCIAL DISCLOSURE**




The
      Financial Statements of the Company have been audited by McElravy, Kinchen
&
Associates, P.C. for the fiscal year ended September 30,
      2007
      and Murrell Hall McIntosh & Co PLLP for the period from inception (October
      25, 2005) through September 30, 2006.





There
      have been no changes in or disagreements with either McElravy, Kinchen &
Associates, P.C. or Murrell Hall McIntosh & Co PLLP, on accounting and
      financial disclosure matters at any time.





**ITEM
      8A.********CONTROLS AND
      PROCEDURES**





Evaluation
      of disclosure controls and procedures. As of September 30, 2007, the Company's
      chief executive officer and chief financial officer conducted an evaluation
      regarding the effectiveness of the Company's disclosure controls and procedures
      (as defined in Rules 13a-15(e) or 15d-15(e) under the Exchange Act. Based
      upon the evaluation of these controls and procedures, our chief executive
      officer and chief financial officer concluded that our disclosure controls
      and
      procedures were effective as of the date of filing this annual report applicable
      for the period covered by this report.




Changes
      in internal controls. During the period covered by this report, no changes
      occurred in our internal control over financial reporting that materially
      affected, or is reasonably likely to materially affect, our internal control
      over financial reporting.





**ITEM
      8B.********OTHER
      INFORMATION**





None




10










**PART
      III**





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





**Current
      Management of the Company**





The
      following table sets forth the names, ages, and positions with the Company
      for
      each of the directors and officers of the Company.




Name
            
            Age
            
            PositionsXuguang
                Sun
            
            45
            
            Chief
                Executive Officer, President Treasurer and DirectorShaojun
                Sun
            
            34
            
            Secretary,
                Chief Financial Officer, Vice President and Director


All
      executive officers are elected by the Board of Directors and hold office until
      the next annual meeting of stockholders or until their successors are duly
      elected and qualified.





The
      following is information on the business experience of each director and
      officer.





Mr.
      Xuguang Sun became a director and the Chief Executive Officer and President
      of
      Sunrise Mining Corporation on October 25, 2005. He previously was a director
      and
      officer of Magnum d'Or Resources, Inc. He has been the President and General
      Manager of Sunrise Lighting Holdings Limited and its operating subsidiary since
      1997. He graduated from Xian Jiaotong University with an associate degree in
      electrical engineering in 1989, and holds a degree from the Guangdong Business
      School.





Mr.
      Shaojun Sun became a director and the Vice President, Chief Financial Officer
      and Secretary of Sunrise Mining Corporation on October 25, 2005. He previously
      was a director and officer of Magnum d'Or Resources, Inc. He has been the
      director and officer of Sunrise Global Inc and Vice President, Chief Financial
      Officer and Secretary of Sunrise Lighting Holdings Limited since 1997. He
      received a B.S. degree in computer science and holds two Master of Business
      Administration degrees.





Xuguang
      Sun and Shaojun Sun, the two officers of the Company, have provided their
      services on a part-time basis, one of which averages 20 hours per week and
      the
      other averages five hours of services per week. The level of operations of
      the
      Company has not necessitated the full-time services of its directors and
      officers. The directors and officers may continue to pursue other business
      activities independently of the Company. If the level of business activity
      of
      the Company increases, the directors and officers of the Company intend to
      devote additional time to the management of the Company and intend to retain
      additional management personnel whenever necessary and appropriate.





**No
      Audit Committee or Financial Expert**





The
      Company does not have an audit committee or a financial expert serving on the
      Board of Directors.




Section
      16(a) Beneficial Ownership Reporting Compliance





Section
      16(a) of the Securities Exchange Act of 1934 requires our directors, executive
      officers and persons who own more than ten percent of a registered class of
      our
      equity securities, to file with the Securities and Exchange Commission initial
      reports of ownership and reports of changes in ownership of our common stock.
      The Company believes all forms required to be filed under Section 16 of the
      Exchange Act have been filed timely.





**Code
      of Ethics**





The
      Company does not have a code of ethics for our principal executive and financial
      officers. The Company's management intends to promote honest and ethical
      conduct, full and fair disclosure in our reports to the SEC, and compliance
      with
      applicable governmental laws and regulations






11


**ITEM
            10.********EXECUTIVE
            COMPENSATION**
 
 **Summary
        of Cash and Certain Other Compensation**
 
 The
        following sets forth the compensation of the Company's executive officers
        for
        the two fiscal years ended September 30, 2007.
 
 Executive
        Officer Compensation Table


The
      table
      below summarizes the total compensation paid or earned by each of the named
      executive officers for the fiscal year ended September 30, 2006 and September
      30, 2007 with Sunrise. Sunrise has not entered into any employment agreements
      with any of the named executive officers.




The
      named
      executive officers were not entitled to receive any compensation from Sunrise
      during the fiscal year ended September 30, 2006 and September 30,
      2007.





(a)
            
            (b)
            
            (c)
            
            (d)
            
            (e)
            
            (f)
            
            (g)
            
            (h)
            
            (I)
            
            (j)Name
                and Principal Position
            
            Year
            
            Salary
            
            Bonus
            
            Stock
              Awards
            
            Option
                Awards
            
            Non-Equity
                Incentive Plan Compensation
            
            Change
                in Pension Value and Nonquali- fied Deferred Compensation
                Earnings
            
            All
                Other Compensation
            
            Total**Xuguang
                Sun (1)**
              President,
                Chief
              Executive
                Officer and Treasurer
            
            
            2007
              2006
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
            0
              0**Shaojun
                Sun (1)**
              Vice
                President, Chief Financial Officer
              and
                Secretary
            
            
            2007
              2006
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0
            
            $
              $
            0
              0





(1)
            Mr.
                Xuguang Sun and Mr. Shaojun Sun became the executive officers of
                the
                Company in October 2005.





(2)
            Neither
                Mr. Xuguang Sun nor Mr. Shaojun Sun has received any compensation
                from
                Sunrise since its inception on October 25,
                2005.





Sunrise
      has no agreement or understanding, express or implied, with any officer,
      director, or principle stockholder, or their affiliates or associates, regarding
      employment with Sunrise or compensation for services. Sunrise has no plan,
      agreement, or understanding, express or implied, with any officer, director,
      or
      principle stockholder, or their affiliates or associates, regarding the issuance
      to such persons of shares of Sunrise's authorized and unissued Common Stock.
      There is no understanding between Sunrise and any of its present stockholders
      regarding the sale of a portion or all of the Common Stock currently held by
      them in connection with any future participation by the Company in a
      business.





There
      is
      no policy that prevents management from adopting a plan or agreement in the
      future that would provide for cash or stock based compensation for services
      rendered to the Company.




**ITEM
        11.********SECURITY OWNERSHIP
        OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER
        MATTERS**
 
 The
        following table sets forth as of September 30, 2007, the number and percentage
        of the 5,785,090 shares of Common Stock and 10,000,000 shares of Preferred
        Stock
        which, according to the information supplied to Sunrise, that are to be
        beneficially owned by (I) each person who is currently a director of the
        Sunrise, (ii) each executive officer, (iii) all current directors and executive
        officers of Sunrise as a group and (iv) each person who, to the knowledge
        of the
        Company, is to be the beneficial owner of more than 5% of the outstanding
        Common
        Stock and Preferred Stock following the spin-off of Sunrise by Magnum. Except
        as
        otherwise indicated, the persons named in the table will have sole voting
        and
        dispositive power with respect to all shares beneficially owned, subject
        to
        community property laws where applicable.


12




Name
                and Address
            
            Common
                Stock
            
            Percent
                of Common Stock
            
            Preferred
                Stock
            
            Percent
                of Preferred StockSunrise
                Lighting Holdings Limited
            
            
            277,799
            (1)(3)
            
            4.8
            %
            
            10,000,000
            (2)(3)
            
            100
            %1719
                International Trade Centre11-19
                Sha Tsui Road, Tsuen WanHong
                KongThe
                People's Republic of ChinaXuguang
                Sun
            
            
            250,019
            (1)(3)
            
            4.3
            %
            
            9,000,000
            (2)(3)
            
            90
            %1719
                International Trade Centre11-19
                Sha Tsui Road, Tsuen WanHong
                KongThe
                People's Republic of ChinaShaojun
                Sun
            
            
            362,600
            (3)(5)
            
            6.3
            %
            
            1,000,000
            (2)(3)
            
            10
            %1108
                W. Valley Blvd.Suite
                6-399Alhambra,
                CA 91803All
                executive officers anddirectors
                as a group (2 persons)
            
            
            612,619
            (6)
            
            10.6
            %
            
            10,000,000
            (4)(6)
            
            100
            %




(1)
            Represents
                277,799 shares of Common Stock to be held directly in the name of
                Sunrise
                Lighting Holdings Limited.





(2)
            Represents
                10,000,000 shares of nonconvertible voting shares of Preferred Stock
                held
                directly in the name of Sunrise Lighting Holdings
                Limited.





(3)
            Sunrise
                Lighting Holdings Ltd. is owned by Mr. Xuguang Sun (90%) and Mr.
                Shaojun Sun (10%) who are the directors and officers of
                Sunrise.





(4)
            Represents
                the shares of Common Stock and Preferred Stock of Sunrise owned by
                Sunrise
                Lighting Holdings Limited.





(5)
            Includes
                27,780 (10% of 277,799) shares of Common Stock to be owned by Sunrise
                Lighting Holdings Limited and 334,820 shares of Common Stock to be
                owned
                directly.





(6)
            Includes
                all shares of Common Stock to be owned by Sunrise Lighting Holdings
                Limited and by all of the shares to be owned by the directors and
                officers
                of Sunrise




The
      stock
      transfer agent of Sunrise Mining Corporation will be Pacific Stock Transfer,
      500
      E. Warm Springs Road, Las Vegas, NV 89119; telephone number
      702.361.3033.





**ITEM
      12.********CERTAIN
      RELATIONSHIPS AND RELATED TRANSACTIONS**





During
      the fiscal year ended September 30, 2007, the Company cancelled 100,000 shares
      of its Common Stock originally owned by Magnum and issued 5,785,090 shares
      of
      its Common Stock to shareholders of Magnum of record on January 23, 2007 after
      the spin-off was completed.





As
      a
      result of the spin-off of Sunrise by Magnum, (1) Mr. Xuguang Sun did not
      directly receive any common stock of Sunrise; (2) Mr. Shaojun Sun directly
      received 334,820 shares of common stock based upon the amount of common stock
      that he owned of Magnum as of January 23, 2007; (3) Sunrise Lighting Holdings
      Limited, a company owned by Mr. Xuguang Sun and Mr. Shaojun Sun, received
      277,799 shares of common stock of Sunrise based upon the number of shares of
      common stock that it owned of Magnum as of January 23, 2007, and it also
      received 10,000,000 shares of non-convertible preferred stock of
      Sunrise.





During
      the fiscal year ended September 30, 2007, Mr. Xuguang Sun and Mr. Shaojun Sun,
      directors and officers of the Company, have advanced $60,728.44 to pay expenses
      for the spin-off of Sunrise Mining Corporation by Magnum and other costs
      incurred by the Company. These advances are unsecured, non-interest bearing
      and
      have no fixed terms of repayment.





During
      the year ended September 30, 2007, no directors and officers were awarded
      compensation of Common Stock of the Company.







13


**ITEM
        13.      EXHIBITS**
  Copies
        of
        the following documents are included as exhibits to this report pursuant
        to Item
        601 of Regulation S-B.
 
 3.1
              Articles
                  of Incorporation of the Company are incorporated herein by reference
                  to
                  the Form 10 - SB registration statement of the Company filed on
                  March 22,
                  2007.
 
 3.2
              Certificate
                  of Amendment to Articles of Incorporation of the Company filed
                  on October
                  04, 2006 is incorporated herein by reference to the Form 10 - SB
                  registration statement of the Company filed on March 22,
                  2007.
 
 3.3
              Bylaws
                  of the Company are incorporated herein by reference to the third
                  exhibit
                  to the Form 10 - SB registration statement of the Company filed
                  on March
                  22, 2007.
 
 21           List
        of Subsidiaries
 
 31           Certification
        of Chief Executive Officer and Principal Financial Officer
 
 32           Certification
        pursuant to 18 U.S.C. Section 1350


**ITEM
      14.********PRINCIPAL
      ACCOUNTANT FEES AND SERVICES**





The
      aggregate fees billed by our principal accounting firm, for fees billed for
      fiscal years ended September 30, 2007, and 2006 are as follows:





Name
            
            Audit
                Fees(1)
            
            Audit
                Related Fees
            
            Tax
                Fees (2)
            
            All
                Other FeesMurrell,
                Hall, McIntosh & Co., PLLPfor
                fiscal year ended:September
                30, 2007
            
            $
            6,000
            
            $
            0
            
            $
            0
            
            $
            9132.50September
                30, 2006
            
            $
            7,000
            
            $
            0
            
            $
            0
            
            $
            0





McElravy,
                Kinchen & Associates, P.C.for
                fiscal year ended:September
                30, 2007
            
            $
            4,000
            
            $
            0
            
            $
            0
            
            $
            0


___________________________





(1)
            Includes
                audit fees for the annual financial statements of the Company, and
                review
                of financial statements included in the Company's Form 10-QSB quarterly
                reports and Form 10-SB report, and fees normally provided in connection
                with statutory and regulatory filings for those fiscal
                years





The
      Company does not currently have an audit committee. As a result, our board
      of
      directors performs the duties and functions of an audit committee. The Company's
      Board of Directors will evaluate and approve in advance, the scope and cost
      of
      the engagement of an auditor before the auditor renders audit and non-audit
      services. We do not rely on pre-approval policies and procedures.







14







**REPORT
      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**






**To
      the Board of Directors**


**Sunrise
      Mining Corporation**




We
      have
      audited the accompanying consolidated balance sheet of Sunrise Mining
      Corporation (an exploration stage company) as of September 30, 2007, and the
      related consolidated statements of expenses, changes in stockholders' deficit,
      and cash flows for the year then ended. The consolidated financial statements
      for the period October 25, 2005 (inception) through September 30, 2006, were
      audited by other auditors whose reports expressed unqualified opinions on those
      statements. The consolidated financial statements for the period October 25,
      2005 (inception) through September 30, 2006, include total revenues of $0 and
      a
      net loss of $45,464. Our opinion on the consolidated statements of expenses,
      stockholders's deficit and cash flows for the period October 25, 2005
      (inception) through September 30, 2006, insofar as it relates to amounts for
      prior periods through September 30, 2006, is based solely on the reports of
      other auditors. These consolidated financial statements are the responsibility
      of the Company's management. Our responsibility is to express an opinion on
      these consolidated financial statements based on our audits.




We
      conducted our audits in accordance with the standards of the Public Company
      Accounting Oversight Board (United States). Those standards require that we
      plan
      and perform the audit to obtain reasonable assurance about whether the financial
      statements are free of material misstatement. The Company is not required to
      have, nor were we engaged to perform, an audit of its internal control over
      financial reporting. Our audit included consideration of internal control over
      financial reporting as a basis for designing audit procedures that are
      appropriate in the circumstances, but not for the purpose of expressing an
      opinion on the effectiveness of the Company's internal control over financial
      reporting. Accordingly, we express no such opinion. An audit also includes
      examining, on a test basis, evidence supporting the amounts and disclosures
      in
      the financial statements, assessing the accounting principles used and
      significant estimates made by management, as well as evaluating the overall
      financial statement presentation. We believe that our audit provides a
      reasonable basis for our opinion.




In
      our
      opinion, the consolidated financial statements referred to above present fairly,
      in all material respects, the financial position of Sunrise Mining Corporation
      and as of September 30, 2007, and the results of its operations, changes in
      stockholders' equity and cash flows for the year then ended in conformity
      with accounting principles generally accepted in the United States of
      America.




The
      accompanying consolidated financial statements have been prepared assuming
      that
      the Company will continue as a going concern. As discussed in Note 2 to the
      financial statements, the Company has suffered recurring losses from operations
      and has a net capital deficiency, which raises substantial doubt about its
      ability to continue as a going concern. Management's plans regarding those
      matters also are described in Note 2. The consolidated financial statements
      do
      not include any adjustments that might result from the outcome of this
      uncertainty.




/s/
      McElravy, Kinchen & Associates, P.C.




www.mkacpas.com


Houston,
      Texas


December
      20, 2007


F-1
 15




**REPORT
      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**




To
      the
      Board of Directors and Stockholders


Sunrise
      Mining Corporation




We
      have
      audited the accompanying consolidated statements of expenses, changes in
      stockholders' deficit and cash flows for the period from inception (October
      25,
      2005) through September 30, 2006 of Sunrise Mining Corporation (an
      exploration development company). These financial statements are the
      responsibility of the Company's management. Our responsibility is to express
      an
      opinion on these financial statements based on our audit.




We
      conducted our audit in accordance with the standards of the Public Company
      Accounting Oversight Board (United States). Those standards require that we
      plan
      and perform the audit to obtain reasonable assurance about whether the financial
      statements are free of material misstatement. The Company is not required to
      have, nor were we engaged to perform, an audit of its internal control over
      financial reporting. Our audit included consideration of internal control over
      financial reporting as a basis for designing audit procedures that are
      appropriate in the circumstances, but not for the purpose of expressing an
      opinion on the effectiveness of the Company's internal control over financial
      reporting. Accordingly, we express no such opinion. An audit also includes
      examining, on a test basis, evidence supporting the amounts and disclosures
      in
      the financial statements, assessing the accounting principles used and
      significant estimates made by management, as well as evaluating the overall
      financial statement presentation. We believe that our audit provides a
      reasonable basis for our opinion.





In
      our
      opinion, the financial statements referred to above present fairly, in all
      material respects, and the results of its operations and cash flows for the
      period from inception (October 25, 2005) through September 30, 2006 of Sunrise
      Mining Corporation, in conformity with accounting principles generally accepted
      in the United States of America.





/s/
      Murrell Hall McIntosh & Co PLLP





Oklahoma
      City, Oklahoma


December 20,
      2007







Murrell,
      Hall, McIntosh & Co., PLLP • Certified Public Accountants


2601
        N.W. Expressway Suite 700E   ·Oklahoma
      City, OK
  73112   · 
405.842.4420   · 
F
      .
      405.842.3776   ·  
www.mhmcpa.com






F-2


16


**SUNRISE
      MINING CORPORATION**


**(An
      Exploration Stage Company)**


**CONSOLIDATED
      BALANCE SHEET**


**AS
      OF SEPTEMBER 30, 2007**











**ASSETS:****Current
                assets:**Cash
            
            $
            -Total
                current assets
            
            
            -**Other
                assets:**Intangible
                assets
            
            
            3,795**TOTAL
                ASSETS**
            
            $
            3,795**LIABILITIES
                AND STOCKHOLDERS' DEFICIT:****Current
                liabilities:**Accounts
                payable
            
            $
            36,607Advances
                from company officers
            
            
            60,728Total
                Current Liabilities
            
            
            97,335**TOTAL
                LIABILITIES**
            
            
            97,335**Stockholders'
                Deficit:**Preferred
                Stock, $.001par value;  10,000,000 shares
                authorized,10,000,000
                shares issued and outstanding
            
            
            10,000Common
                Stock, $.001 par value; 190,000,000 shares authorized,5,785,090
                shares issued and outstanding
            
            
            5,785Additional
                paid-in capital
            
            
            29,679Deficit
                accumulated during the exploration stage
            
            
            (139,004
            )Total
                Stockholders' Deficit
            
            
            (93,540
            )**TOTAL
                LIABILITIES AND STOCKHOLDERS' EQUITY**
            
            $
            3,795








See
      the
      accompany summary of accounting policies and notes to the financial
      statements.






F-3


17


**SUNRISE
      MINING
      CORPORATION**


**(An
      Exploration Stage Company)**


**CONSOLIDATED
      STATEMENTS OF EXPENSES**


**FOR
      THE YEAR ENDED****SEPTEMBER 30, 2007 AND THE
      PERIODS**


**FROM
      OCTOBER 25, 2005 (INCEPTION) THROUGH SEPTEMBER 30, 2006 AND
      2007**








For
                the Year
              Ended
            
            
            October
                25, 2005
              (Inception)
                to
            
            
            October
                25, 2005
              (Inception)
                toSeptember
                30,
            
            
            September
                30,
            
            
            September
                30,2007
            
            
            2006
            
            
            2007**Expenses:**Exploration
                costs
            
            $
            19,937
            
            
            $
            18,019
            
            
            $
            37,956General
                and administrative expenses
            
            
            73,603
            
            
            
            27,445
            
            
            
            101,048**Total
                Operating Expenses**
            
            
            93,540
            
            
            
            45,464
            
            
            
            139,004**Net
                Loss**
            
            $
            (93,540
            )
            
            $
            (45,464
            )
            
            $
            (139,004
            )**Net
                Loss per Common Share - Basic and Diluted**
            
            $
            (0.02
            )**Per
                Share Information:**Weighted  Average
                Number of Common StockShares
                Outstanding - Basic and Diluted
            
            
            5,785,090








F-4
 18




**SUNRISE
      MINING CORPORATION**


(An
      Exploration Stage
      Company)


**CONSOLIDATED
      STATEMENTS OF CASH FLOWS**


**FOR
      THE YEAR ENDED****SEPTEMBER 30, 2007 AND THE
      PERIODS**


**FROM
      OCTOBER 25, 2005 (INCEPTION) THROUGH SEPTEMBER 30, 2006 AND
      2007**





For
                the YearEnded
            
            
            October
                25, 2005
              (Inception)
                toSeptember
                30,
            
            
            September
                30,2007
            
            
            2006
            
            
            2007**Cash
                Flows from Operating Activities:**Net
                Loss
            
            $
            (93,540
            )
            
            $
            (45,464
            )
            
            $
            (139,004
            )Increase
                in accounts payable
            
            
            36,607
            
            
            
            -
            
            
            
            36,607Net
                Cash Flows Used in Operations
            
            
            (56,933
            )
            
            
            (45,464
            )
            
            
            (102,397
            )**Cash
                Flows from Investing Activities:**Purchase
                of assets
            
            
            (3,795
            )
            
            
            -
            
            
            
            (3,795
            )Net
                Cash Flows Used in Investing Activities
            
            
            (3,795
            )
            
            
            -
            
            
            
            (3,795
            )**Cash
                Flows from Financing Activities:**Stocks
                issued for services and
                expenses
            
            
            -
            
            
            
            45,464
            
            
            
            45,464Advance
                from company officer
            
            
            60,728
            
            
            
            -
            
            
            
            60,728Net
                Cash Flows Provided by Financing Activities
            
            
            60,728
            
            
            
            45,464
            
            
            
            106,192Net
                Increase (Decrease) in Cash
            
            
            -
            
            
            
            -
            
            
            
            -**Cash
                and cash equivalents - Beginning of period**
            
            ****
            **-**
            
            
            
            -
            
            
            
            -**Cash
                and cash equivalents - End of period**
            
            $
            -
            
            
            $
            -
            
            
            $
            -**SUPPLEMENTARY
                INFORMATION**Interest
                Paid
            
            $
            -
            
            
            $
            -
            
            
            $
            -Taxes
                Paid
            
            $
            -
            
            
            $
            -
            
            
            $
            -








See the accompany summary of accounting policies and notes to the financial
      statements.






F-5


19




**SUNRISE
      MINING
      CORPORATION**


**(An
      Exploration Stage Company)**


**CONSOLIDATED
      STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY**


**FROM
      OCTOBER 25, 2005 (INCEPTION) THROUGH SEPTEMBER 30, 2007**





AccumulatedAdditional
            
            
            (Deficit)
            
            
            TotalPreferred
                Stock
            
            
            Common
                Stock
            
            
            Paid-in
            
            
            During
                the
            
            
            Stockholders'Number
                of Shares
            
            
            Amount
            
            
            Number
                of Shares
            
            
            Amount
            
            
            Capital
            
            
            Exploration
                Stage
            
            
            DeficitInception  -
                October 25, 2005
            
            
            -
            
            
            $
            -
            
            
            
            -
            
            
            $
            -
            
            
            $
            -
            
            
            $
            -
            
            
            $
            -Issuance
                of stock to parent for expenses
            
            
            -
            
            
            
            -
            
            
            
            100,000
            
            
            
            100
            
            
            
            45,364
            
            
            
            -
            
            
            
            45,464Net
                loss for period
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            (45,464
            )
            
            
            (45,464
            )Balances
                - September 30, 2006
            
            
            -
            
            
            
            -
            
            
            
            100,000
            
            
            $
            100
            
            
            $
            45,364
            
            
            $
            (45,464
            )
            
            $
            -Issuance
                of preferred stock
            
            
            10,000,000
            
            
            
            10,000
            
            
            
            -
            
            
            
            -
            
            
            
            (10,000
            )
            
            
            -
            
            
            
            -Cancellation
                of common stock
            
            
            -
            
            
            
            -
            
            
            
            (100,000
            )
            
            
            (100
            )
            
            
            100
            
            
            
            -
            
            
            
            -Issuance
                of founders shares
            
            
            -
            
            
            
            -
            
            
            
            5,785,090
            
            
            
            5,785
            
            
            
            (5,785
            )
            
            
            -
            
            
            
            -Net
                loss for the year
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            (93,540
            )
            
            
            (93,540
            )Balances
                - September 30, 2007
            
            
            10,000,000
            
            
            $
            10,000
            
            
            
            5,785,090
            
            
            $
            5,785
            
            
            $
            29,679
            
            
            $
            (139,004
            )
            
            $
            (93,540
            )








See
      the
      accompany summary of accounting policies and notes to the financial
      statements.






F-6


20





SUNRISE
      MINING CORPORATION


(An
      Exploration Stage Company)


Notes
      to
      Consolidated Financial Statements


**Note
        1 -Summary of
        Significant Accounting Policies**




Sunrise
      Mining Corporation is an exploration stage company which was incorporated on
      October 25, 2005 in the State of Nevada. The Company is a mining resource
      company focused on the exploration and advancement of premium base and precious
      metal assets, primarily in Mongolia. Currently, the Company has one property
      in
      Mongolia where it has options to earn 100% of the mineral rights and to purchase
      the royalties outright. This property was transferred to the Company from its
      former parent, Magnum D'Or Resources Inc., in October 2005.





During
      December 2006, the former parent of Sunrise formed Oriental Magnum, Inc.
      ("Oriental") in Mongolia. Subsequent to Oriental's incorporation, the former
      parent of Sunrise transferred the titles for both the Khul Morit license and
      the
      Shandi license to the name of Oriental in January 2007.





On
      September 20, 2007, Sunrise completed its spin-off from Magnum to Magnum's
      stockholders of record on January 23, 2007.





On
      September 28, 2007, the Company decided not to renew its Shandi license for
      business reason. The Company is currently looking for some good properties
      in
      other places.





**Basis
        of Presentation**


The
      Company follows accounting principles generally accepted in the United States
      of
      America. In the opinion of management, all adjustments, consisting of normal
      recurring adjustments, necessary for a fair presentation of financial position
      and the results of operations for the periods presented have been reflected
      herein.





**Revenue
      Recognition**





Revenue
      is recognized when it is realized or realizable and earned. Sunrise considers
      revenue realized or realizable and earned when persuasive evidence of an
      arrangement exists, services have been provided, and collectability is
      reasonably assured. Revenue that is billed in advance such as recurring weekly
      or monthly services are initially deferred and recognized as revenue over the
      period the services are provided.





**Use
      of Estimates**





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





**Cash
      and Cash Equivalents**





For
      purposes of the statement of cash flows, the Company considers all highly liquid
      investments purchased with an original maturity of three months or less to
      be
      cash equivalents. As of September 30, 2007, there were no cash
      equivalents.





**Exploration Stage
      Mining Company**




The
      Company complies with Statement of
      Financial Accounting Standard ("SFAS") No. 7 and the Securities and Exchange
      Commission Exchange Act 7 for its characterization of
      the Company
      as exploration stage.  **Impairment
        of Long Lived Assets**
  Long-lived
        assets are reviewed for impairment in accordance with SFAS No. 144, "Accounting
        for the Impairment or disposal of Long- lived Assets".  Under SFAS No. 144,
        long-lived assets are tested for recoverability whenever events or changes
        in
        circumstances indicate that their carrying amounts may not be recoverable.
        An
        impairment charge is recognized or the amount, if any, which the carrying
        value
        of the asset exceeds the fair value.


****


F-7


21


**Foreign
      Currency Translation**





The
      Company is located and operating outside of the United States of America. It
      maintains its accounting records in U.S. Dollars, as follows:





At
      the
      transaction date, each asset, liability, revenue, and expense is translated
      into
      U.S. dollars by the use of exchange rates in effect at that date. At the period
      end, monetary assets and liabilities are remeasured by using the exchange rate
      in effect at that date. The resulting foreign exchange gains and losses are
      included in operations.





The
      Company's currency exposure is insignificant and immaterial and we do not use
      derivative instruments to reduce its potential exposure to foreign currency
      risk.





**Fair
      Value of Financial Instruments**





Financial
      instruments, including cash, receivables, accounts payable, and notes payable
      are carried at amounts which reasonably approximate their fair value due to
      the
      short-term nature of these amounts or due to variable rates of interest which
      are consistent with market rates.  No adjustments have been made in
      the current period.





**Income
      Taxes**





The
      Company accounts for income taxes under the Financial Accounting Standards
      Board
      of Financial Accounting Standard No. 109, "Accounting for Income Taxes"
      ("Statement 109"). Under Statement 109, deferred tax assets and liabilities
      are
      recognized for the future tax consequences attributable to differences between
      the financial statement carrying amounts of existing assets and liabilities
      and
      their respective tax basis. Deferred tax assets and liabilities are measured
      using enacted tax rates expected to apply to taxable income in the years in
      which those temporary differences are expected to be recovered or settled.
      Under
      Statement 109, the effect on deferred tax assets and liabilities of a change
      in
      tax rates is recognized in income in the period that includes the enactment
      date. There was no current or deferred income tax expense or benefits for the
      periods ending September 30, 2007.





**Basic
      and Diluted Net Loss Per Common Share**





Basic
      and
      diluted net loss per share calculations are calculated on the basis of the
      weighted average number of common shares outstanding during the year. The per
      share amounts include the dilutive effect of common stock equivalents in years
      with net income. Basic and diluted loss per share is the same due to the anti
      dilutive nature of potential common stock equivalents.





**Stock
      Based Compensation**





The
      Company accounts for stock-based employee compensation arrangements using the
      fair value method in accordance with the provisions of Statement of Financial
      Accounting Standards no.123(R) or SFAS No. 123(R), Share-Based Payments, and
      Staff Accounting Bulletin No. 107, or SAB 107, Share-Based
      Payments.  The company accounts for the stock options issued to
      non-employees in accordance with the provisions of Statement of Financial
      Accounting Standards No. 123, or SFAS No. 123, Accounting for Stock-Based
      Compensation, and Emerging Issues Task Force No. 96-18, Accounting for Equity
      Instruments with Variable Terms That Are Issued for Consideration other Than
      Employee Services under FASB Statement no. 123.





The
      Company did not grant any stock options during the period ended September 30,
      2007.





F-8


22




**Intangible
      Assets**





Intangible
      assets that include patent licenses, purchased software and license fees for
      technologies such as edgarized software are being amortized by the straight-line
      method based on the Company's assessment of each asset's useful
      life.




**Mining
      Exploration Costs**




In
      accordance with the views expressed by the U.S. Securities and Exchange
      Commission in "Current Accounting and Disclosure Issues in the Extractive
      Industry", the Company expenses mining exploration costs as they are
      incurred.




**Recent
      Accounting Pronouncements**





Sunrise
      does not expect the adoption of recently issued accounting pronouncements to
      have a significant impact on its results of operations, financial position
      or
      cash flow.





**Note
      2 - Going Concern**




Sunrise's
      financial statements have been prepared on a going concern basis, which
      contemplates the realization of assets and settlement of liabilities and
      commitments in the normal course of business for the foreseeable future. Since
      inception, the Company has accumulated losses aggregating to $139,004 and has
      insufficient working capital to meet operating needs for the next twelve months
      as of September 30, 2007, all of which raise substantial doubt about Sunrise's
      ability to continue as a going concern.




**Note
      3 - Income Taxes**




There
      has
      been no provision for U.S. federal, state, or foreign income taxes for any
      period because the Company has incurred losses from inception.




At
      September 30, 2007, the Company had US net operating loss carryforwards of
      approximately $139,004 for federal income tax purposes.




Deferred
      tax assets and liabilities are comprised of the following as of September 30,
      2007:


Deferred
                income tax assets:Tax
                effect of net operating loss
                carryforward
            $
            47,261Valuation
                allowance
            
            (47,261)Net
                deferred tax asset
            $
            -





Realization
      of deferred tax assets is dependent upon future earnings, if any, the timing
      and
      amount of which are uncertain. Accordingly, the net deferred tax assets have
      been fully offset by a valuation allowance. As of September 30, 2007, the
      Company had net operating loss carryforward of approximately $139,004 for
      federal and state income tax purposes. These carry forwards, if not utilized
      to
      offset taxable income will begin expiring in 2026. Utilization of the net
      operating loss may be subject to substantial annual limitation due to the
      ownership change limitations provided by the Internal Revenue Code and similar
      state provisions. The annual limitation could result in the expiration of the
      net operating loss before utilization.





**Note
      4 - Share Capital**





On
      January 15, 2007, Sunrise issued 10,000,000 shares of its Preferred Stock
      to Magnum D'OR Resources Inc, who in turn transferred these shares to former
      Magnum preferred shareholder ("Sunrise Lighting Holdings
      Limited") at the date it was spun off from Magnum.





On
      September 20, 2007, upon the spin-off of Sunrise from Magnum, Sunrise cancelled
      100,000 shares of common stock previously issued to Magnum and issued 5,785,090
      shares of common stock to Magnum's stockholders of record on January 23,
      2007.






F-9


23










**Note
      5 - Related Party Transactions**





During
      the fiscal year ended September 30, 2007, Mr. Xuguang Sun and Mr. Shaojun Sun,
      directors and officers of the Company, have advanced $60,728 to pay expenses
      for
      the spin-off of Sunrise Mining Corporation by Magnum and other costs incurred
      by
      the Company and its wholly owned subsidiary Oriental Magnum Inc. These advances
      are unsecured, non-interest bearing and have no fixed terms of
      repayment.





During
      the fiscal year ended September 30, 2007, the Company after the spin-off was
      completed, cancelled 100,000 shares of its Common Stock originally owned by
      Magnum and issued 5,785,090 shares of its Common Stock to Magnum's stockholders
      of record on January 23, 2007.





As
      a
      result of the spin-off of Sunrise by Magnum, (1) Mr. Xuguang Sun did not
      directly receive any common stock of Sunrise; (2) Mr. Shaojun Sun directly
      received 334,820 shares of common stock based upon the amount of common stock
      that he owned of Magnum as of January 23, 2007; (3) Sunrise Lighting Holdings
      Limited, a company owned by Mr. Xuguang Sun and Mr. Shaojun Sun, received
      277,799 shares of common stock of Sunrise based upon the number of shares of
      common stock that it owned of Magnum, and it also received 10,000,000 shares
      of
      non-convertible preferred stock of Sunrise.




**Note
      6 - Commitments**




On
      December 7, 2006, the Company retained the services of Gobi Exploration LLC
      for
      the re-logging of all cores and necessary research work in porphyry-copper-gold
      systems with the assistance of additional experienced geologists. The Company
      has received a comprehensive report on what has been discovered at Khul Morit
      property, what is the possible mineralization model there and the recommendation
      for the next stage of exploration. The cost for this work was
      $5,000.





**Note
      7 - Spin-Off of Mining Operations**




On
      December 19, 2006, the parent of Sunrise Mining Corporation approved the
      spin-off of its mining operations. This spin-off was completed on September
      20,
      2007.




**Note
      8 - Subsequent Events**





On
      October 22, the Company entered into a purchase agreement with Xuguang Sun,
      Chief Executive Officer and President of the Company, for the placement of
      an aggregate of $200,000 in principal amount of a Convertible Promissory Note
      (the "Note"). The Note accrues interest at a rate of 8% per annum
      and it is payable upon demand or upon the conversion of this Note as
      provided therein. The principal amount and accrued interest of this Note may
      be
      converted into the Common Stock of the Company at any time at the option of
      the
      holder of this Note, upon written notice to the Company, at the rate of $0.10
      (U.S.) per share, subject to adjustment in the event of stock-splits, stock
      dividends, reorganizations, or other similar events to prevent dilution. Upon
      conversion, any fractional shares otherwise issuable upon conversion shall
      be
      paid in cash by the Company.  The Common Stock issuable upon
      conversion shall be entitled to piggy-back registration rights in the event
      that
      the Company files a registration statement under the Securities Act of
      1933.





On
      November 26, 2007, the Company approved to issue 400,000 restricted common
      stocks to Board of Directors of the Company for their services during
      2007.






F-10


24


**INDEX
      OF EXHIBITS ATTACHED**




Exhibit NumberDescription


21
            
            List
                of subsidiaries31.1
            
            Certification
                of Principal Executive Officer pursuant to Section 302 of Sarbanes-Oxley
                Act of 200231.2
            
            Certification
                of Principal Financial Officer pursuant to Section 302 of Sarbanes-Oxley
                Act of 200232.1
            
            Certification
                of Principal Executive Officer pursuant to Section 906 of Sarbanes-Oxley
                Act of 200232.2
            
            Certification
                of Principal Financial Officer pursuant to Section 906 of Sarbanes-Oxley
                Act of 2002




25




Exhibit
      21




Sunrise
      Mining Corporation has one subsidiary:





Name
            
            JurisdictionOriental
                Magnum Inc.
            
            Mongolia






26




**SIGNATURES**





In
      accordance with the requirements of the Exchange Act, the registrant caused
      this
      report to be signed on its behalf by the undersigned, hereunto duly
      authorized.





**SUNRISE
      MINING CORPORATION**




Dated:
                December 21, 2007
            By:
            /s/ Xuguang
                SunXuguang
                  Sun, Chief Executive Officer and PresidentDated:
                December 21, 2007
            By:
            /s/ Xuguang
                SunXuguang
                  Sun, Director






27