Dutch Gold Resources, Inc. (DGRI) Balance Sheet

Cash and cash equivalents	2.21K
Investments available for sale at fair value	0
Deferred financing costs, net	12.96K
Other current assets	50K
Total current assets	65.17K
Mineral properties	2.58M
Property, plant and equipment at cost	2.17M
Less accumulated depreciation	-2.17M
Net mineral properties and property, plant and equipment	2.58M
Other assets	11.6K
TOTAL ASSETS	2.66M
Accounts payable	975.12K
Accounts payable-related parties	656.9K
Notes payable-related parties	2.38M
Loans from shareholders	159.05K
Convertible notes payable, net	782.39K
Payroll liabilities	793.45K
Accrued liabilities	702.34K
Total current liabilities	6.75M
Warrant liability	424.86K
TOTAL LIABILITIES	7.17M
Commitments and contingencies	0
STOCKHOLDERS' DEFICIT
Preferred stock	0
Common stock, $.001 par value; 500,000,000 shares authorized, 499,250,000 issued and outstanding at June 30, 2011; 372,008,907 issued and outstanding at December 31, 2010	499.25K
Additional paid-in-capital	21M
Stock subscriptions
Accumulated deficit	-23.85M
Accumulated other comprehensive (loss) income	0
Total stockholders' deficit	-2.24M
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	4.93M
STOCKHOLDERS' DEFICIT
Preferred stock	2K
STOCKHOLDERS' DEFICIT
Preferred stock	4.5K

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