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<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'><b><font lang="EN-CA">Note 1 – Basis of Presentation</font></b></p> <p style='margin:0cm 0cm 0pt;text-autospace:'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'><font lang="EN-CA">The accompanying unaudited interim financial statements of Dakota Territory Resource Corp. (“we”, “us”, “our”, the “Company”, the “Corporation”) have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in our annual report on Form 10-K, for the year ended March 31, 2013 as filed with the SEC. 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 interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal year ended March 31, 2013 as reported in our annual report on Form 10-K, have been omitted.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'><font lang="EN-CA">The Company’s absence of revenues, recurring losses from operations, and its need for significant additional financing in order to fund its projected loss in 2014 raise substantial doubt about its ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. </font></p>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-US">Note 2 Related Party Transactions</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">Effective October 1, 2005, we began paying a management consulting fee to Minera Teles Pires Inc., a company controlled by the President and director of the Company. The agreement provides a fixed fee of $10,000 per month of which $5,000 is paid and the other $5,000 deferred until financing is obtained by us. Additionally, the agreement provides for a payment of $1,500 per month for office rent and expenses. On March 27, 2013, Minera Teles Pires, Inc. agreed to a re-structure of the amounts due under the agreement and agreed to forgive a total of $522,579. This amount was recorded to additional paid in capital. During the six months ended September 30, 2013, we incurred $69,000 in management fees and rent from Minera Teles Pires Inc. As of September 30, 2013, we owed Minera Teles Pires $172,500 for management fees and out of pocket expenses.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">Effective February 24, 2012, we began paying consulting fees to Jerikodie, Inc., a company controlled by our Vice President and a director of the Company. The agreement provides a fixed fee of $9,000 per month plus approved expenses. During the six months ended September 30, 2013, we incurred $54,000 in consulting fees from Jerikodie, Inc. As of September 30, 2013, we owed Jerikodie, Inc. $126,264 for consulting fees and out of pocket expenses.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-CA">On October 3, 2012 we entered into a consulting agreement with, and issued 500,000 shares to, our Director, Gerry Berg, at a price of $0.02 per share for a total of $10,000. The Company has also agreed to issue up to an additional 200,000 shares, at a price of $0.02 per share for a total of $4,000, subject to a vesting schedule which begins January 2, 2013 and ends December 31, 2013, based on the amount of time served. For the six months ended September 30, 2013, we issued 50,000 shares to Mr. Berg as stock based compensation valued at $1,000.</font></p>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Note 3 Mineral Properties</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">On September 26, 2012, we re-organized with North Homestake Mining Company. With this re-organization, we acquired 84 unpatented lode mining claims covering approximately 853 acres known as the Blind Gold Property located in the Black Hills of South Dakota. </font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">On December 28, 2012 we acquired 57 unpatented lode mining claims covering approximately 1,600 acres known as the West False Bottom Creek and Paradise Gulch Claim Group, the City Creek Claims Group, and the Homestake Paleoplacer Claims Group, all located in the Black Hills of South Dakota. The purchase price was 1,000,000 restricted common shares valued at $0.15 per share or $150,000. </font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">We plan to commence an exploratory program on these mineral properties as soon as financing can be arranged.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <div align="center"> <table cellspacing="0" cellpadding="0" width="515" border="0" style='border-collapse:collapse;width:386.35pt'> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><font lang="EN-US">September 30, </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><font lang="EN-US">March 31, </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><font lang="EN-US">2013</font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><font lang="EN-US">2013</font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">Capitalized costs</font></p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> $ 150,000 </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> $ 150,000 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">Accumulated amortization</font></p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> - </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> - </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">Impairment</font></p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> - </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> - </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">Capitalized costs, net</font></p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 2.25pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> $ 150,000 </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 2.25pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> $ 150,000 </font></p></td></tr></table></div> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-US">Note 4 Promissory Notes Payable</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">The following promissory notes payable are unsecured and bear interest at 5% per annum. They are due on demand:</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <div align="center"> <table cellspacing="0" cellpadding="0" width="632" border="0" style='border-collapse:collapse;width:474.3pt'> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Date</font></b></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Maturity</font></b></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Interest rate</font></b></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Principal</font></b></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><b><font lang="EN-US">Interest</font></b></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><b><font lang="EN-US">Total</font></b></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Nov 15, 2005</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">On demand</font></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">5% per annum</font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 82,775 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 32,611 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 115,386 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Dec 01, 2005</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">On demand</font></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">5% per annum</font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 18,800 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 7,365 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 26,165 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Jan 06, 2006</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">On demand</font></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">5% per annum</font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 100,000 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 38,685 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 138,685 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Jul 14, 2006</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">On demand</font></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">5% per annum</font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 103,975 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 37,531 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 141,506 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Total</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1.5pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 305,550 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1.5pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 116,192 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1.5pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 421,742 </font></p></td></tr></table></div> <p style='text-align:justify;margin:0cm 0cm 0pt 36pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><u><font lang="EN-GB">Note Payable to Related Party</font></u></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">We had 11 notes payable to our President pursuant to advances which had historically been made by the President. The notes were dated between March 2011 and August 2012, were unsecured, ranged in amount from $10,000 to $50,000, and bore interest at 12% per annum. These notes were re-structured and combined on March 27, 2013 into a single promissory note payable (the “New Note”). In conjunction with this restructuring, the President forgave accrued interest totalling $57,817 (recorded as an equity transaction). The New Note is unsecured, has a principal amount of $265,000, and bears interest at 4% per annum. We will apply 10% of the gross proceeds from any equity financing in an amount exceeding $0.5 million (whether one or more transactions) from and after the date hereof to prepay principal and accrued interest. All remaining unpaid principal and interest is due March 27, 2016. </font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">As of September 30, 2013, the balance of the promissory note payable amounted to $265,000.</font></p>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-US">Note 5 Convertible Note Payable</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">On August 14, 2008, we executed a 5% convertible note of $100,000 that was due August 13, 2010. </font><font lang="EN-US">The note is now in default. </font><font lang="EN-US">The note may be converted from time to time, all or any part of the principal plus any unpaid accrued interest ($25,986 as of September 30, 2013) thereof into common stock of the Company at a conversion price per share equal to the greater of i) the closing market price per share of the common stock on the trading day immediately preceding the date of conversion as quoted on the OTC-BB or such other exchange upon which the Company’s shares are then listed or traded, or ii) $200 per share ($20.00 per share after adjustment due to 1 for 200 reverse stock split; $200 per share after a further adjustment due to a 1 for 10 reverse stock split). The conversion price shall be subject to adjustments. The minimum amount to be converted is $10,000. As of September 30, 2013, this note is outstanding.</font></p>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-US">Note 6 Line of Credit</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-CA">We executed a Line of Credit with Wells Fargo Bank in California. The Line of Credit allows us to borrow up to $35,000. The balance of this Line of Credit at September 30, 2013 was $29,229.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-US">Note 7 Common Stock</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'><font lang="EN-CA">Our authorized capital stock consists of 300,000,000 shares of common stock, with a par value of $0.001 per share, and 10,000,000 preferred shares with a par value of $0.001 per share.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US" style='layout-grid-mode:line'>On June 4, 2013, we sold and issued 1,000,000 shares of our common stock, at $0.10 per share, in a private placement for cash totaling $100,000.</font></p>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-CA">Note 8 Consulting Agreements</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt 36pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">On January 10, 2013, the Company entered into a consulting retainer agreement with a shareholder for professional consulting, strategic planning and business development services for a one year term in exchange for 1,112,500 shares. We issued these shares on May <font lang="EN-CA">31, 2013</font><font lang="EN-CA">.</font></font></p> <p style='text-align:justify;margin:0cm 0cm 0pt 36pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-CA">On January 10, 2013, the Company entered into a consulting retainer agreement for professional consulting,</font><font lang="EN-US"> strategic planning and business development services for a two year term in exchange for 2,250,000 shares, subject to a vesting schedule. We issued these shares on May 31, 2013. This service provider was subsequently appointed to our Board.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt 36pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-CA">On March 19, 2013 the Company entered into an agreement with Wm Chris Mathers to compensate Mr. Mathers as the Company’s CFO with 100,000 shares of the Company’s stock upon execution of the consulting agreement, and an option to purchase 1,000,000 shares valued at $0.14 per share under a 5 year term expiring March 19, 2018. </font></p> <p style='text-align:justify;margin:0cm 0cm 0pt 36pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-CA">These options vest 25% upon the execution of the agreement and 25% upon each six month anniversary from the date of the agreement, provided Mr. Mathers continues to provide consulting or employment services to the Company on the vesting dates. The Black-Scholes pricing model was used to estimate the fair value of the 1,000,000 options issued during the period, using the assumptions of a risk free interest rate of 1.1%, dividend yield of 0%, volatility of 482%, and an expected life of 5 years. We have determined these options to have an approximate fair value of $140,000. Since Mr. Mathers award vests over an 18 month period, the Company is expensing a total of approximately $5,833 monthly, beginning in April 2013, for this award over the 18 month vesting period in accordance with FASB ASC 718. A total of approximately $35,000 was expensed for the six months ended September 30, 2013 as stock based compensation.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt 36pt'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-CA">Additionally, the Company agreed to pay Mr. Mathers cash in the amount of $1,000 per month increasing to $2,000 per month on September 1, 2013 and to $3,000 per month on March 1, 2014.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt 36pt'> </p> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">At September 30, 2013, the total issued and outstanding shares were 45,747,376.</font></p>
<!--egx--><div> <p style='margin:0cm 0cm 0pt'><b><font lang="EN-US">Note 9 Subsequent Events</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US" style='layout-grid-mode:line'>On November 6, 2013, we sold 500,000 shares of our common stock, at $0.10 per share, in a private placement for cash totaling $50,000.</font></p> <p style='margin:0cm 0cm 0pt'> </p></div> <p style='margin:0cm 0cm 0pt'> </p>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">We plan to commence an exploratory program on these mineral properties as soon as financing can be arranged.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <div align="center"> <table cellspacing="0" cellpadding="0" width="515" border="0" style='border-collapse:collapse;width:386.35pt'> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><font lang="EN-US">September 30, </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><font lang="EN-US">March 31, </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><font lang="EN-US">2013</font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><font lang="EN-US">2013</font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">Capitalized costs</font></p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> $ 150,000 </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> $ 150,000 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">Accumulated amortization</font></p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> - </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> - </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">Impairment</font></p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> - </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> - </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="220" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:164.95pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US">Capitalized costs, net</font></p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 2.25pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> $ 150,000 </font></p></td> <td valign="bottom" width="21" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:15.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="137" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 2.25pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:102.8pt;background-color:transparent'> <p style='margin:0cm 0cm 0pt'><font lang="EN-US"> $ 150,000 </font></p></td></tr></table></div>
<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">The following promissory notes payable are unsecured and bear interest at 5% per annum. They are due on demand:</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p> <div align="center"> <table cellspacing="0" cellpadding="0" width="632" border="0" style='border-collapse:collapse;width:474.3pt'> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Date</font></b></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Maturity</font></b></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Interest rate</font></b></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><b><font lang="EN-GB">Principal</font></b></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><b><font lang="EN-US">Interest</font></b></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p align="center" style='text-align:center;margin:0cm 0cm 0pt'><b><font lang="EN-US">Total</font></b></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Nov 15, 2005</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">On demand</font></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">5% per annum</font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 82,775 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 32,611 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 115,386 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Dec 01, 2005</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">On demand</font></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">5% per annum</font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 18,800 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 7,365 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 26,165 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Jan 06, 2006</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">On demand</font></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">5% per annum</font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 100,000 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 38,685 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 138,685 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Jul 14, 2006</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">On demand</font></p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US">5% per annum</font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 103,975 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 37,531 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1pt solid;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 141,506 </font></p></td></tr> <tr style='height:10pt'> <td valign="bottom" width="94" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:70.55pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB">Total</font></p></td> <td valign="bottom" width="83" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:62.2pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="99" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:#f0f0f0;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:74.15pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'> </p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1.5pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-GB"> $ 305,550 </font></p></td> <td valign="bottom" width="118" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1.5pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:88.3pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 116,192 </font></p></td> <td valign="bottom" width="121" style='border-top:#f0f0f0;height:10pt;border-right:#f0f0f0;border-bottom:windowtext 1.5pt double;padding-bottom:0cm;padding-top:0cm;padding-left:5.4pt;border-left:#f0f0f0;padding-right:5.4pt;width:90.8pt;background-color:transparent'> <p style='text-align:justify;margin:0cm 0cm 0pt'><font lang="EN-US"> $ 421,742 </font></p></td></tr></table></div>
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10-Q
2013-09-30
false
DAKOTA TERRITORY RESOURCE CORP
0001182737
--03-31
46247376
Smaller Reporting Company
Yes
No
No
2014
Q2
0001182737
2013-04-01
2013-09-30
0001182737
2013-11-19
0001182737
2013-09-30
0001182737
2013-03-31
0001182737
2012-04-01
2012-09-30
0001182737
2013-07-01
2013-09-30
0001182737
2012-07-01
2012-09-30
0001182737
2011-04-12
2013-09-30
0001182737
2012-03-31
0001182737
2011-04-11
0001182737
2013-03-27
0001182737
2012-10-03
0001182737
2005-10-01
0001182737
2012-12-31
0001182737
2012-09-30
0001182737
2005-11-15
0001182737
2005-12-01
0001182737
2006-01-06
0001182737
2006-07-14
0001182737
2008-08-15
0001182737
2013-06-04
0001182737
2013-03-19
0001182737
2013-01-10
0001182737
2013-11-06
shares
iso4217:USD
iso4217:USD
shares
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