SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
o
Form 10
o
Form 20-F
o
Form 11-K
x
Form 10-K
o
Form N-SAR
For the
Period Ended: December 31, 2008
o
Transition Report
on Form 10-K
o
Transition Report
on Form 10-Q
o
Transition Report
on Form 20-F
o
Transition Report
on Form N-SAR
o
Transition Report
on Form 11-K
For the
Transition Period Ended:
Nothing
in this Form shall be construed to imply that the Commission has verified any
information contained herein.
If the
notification relates to a portion of the filing checked above, identify the
Item(s) to which the notification relates:
PART I
- COMPANY INFORMATION
Full
Name of Company: Eastern Goldfields, Inc.
Former
Name, if Applicable: n/a
(Company name previously was Fairbanks
Financial, Inc. – Name changed on October 25,
2005).
Address
of Principal Executive Office (Street and Number):
1660
Hotel Circle North, Suite 207, San Diego, CA 92108-2808
(619) 497
2555
PART II
- RULES 12b-25 (b) and (c)
If the
subject report could not be filed without reasonable effort or expense and the
Company seeks relief pursuant to Rule 12b-25(b), the following should be
completed. (Check box if appropriate)
x
(a) The reasons
described in reasonable detail in Part III of this form could not be eliminated
without unreasonable effort or expense;
x
(b) The subject
annual report or semi-annual report, transition report on Form 10-K, Form 20-F,
11-K or Form N-SAR, or portion thereof will be filed on or before the fifteenth
calendar day following the prescribed due date; or the subject quarterly report
or transition report on Form 10-Q, or portion thereof, will be filed on or
before the fifth calendar day following the prescribed due date;
and
o
c) The
accountant's statement or other exhibit required by Rule
12b-25(c)
has been attached if applicable)
PART
III - NARRATIVE
The
Company is in the process of compiling information for the year ended December
31, 2008 for the Form 10-K, all of which information has not yet been received
and processed.
PART IV
- OTHER INFORMATION
(1)
Name and telephone number of person to contact in regard to this
notification:
William
Aul: (619) 497-2555
(2)
Have all or other periodic report required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or section 30 of the Investment Company act of
1940 during the preceding 12 months or for such shorter period that the Company
was required to file such report(s) been filed? If the answer is no, identify
report(s).
x
Yes
o
No
(3) Is
it anticipated that any significant change in results of operations from the
corresponding period for the last fiscal year will be reflected by the earnings
statements to be included in the subject report or portion thereof?
o
Yes
x
No
If so:
attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
The
Company has caused this notification to be signed on its behalf by the
undersigned, thereunto duly authorized.
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Eastern
Goldfields, Inc.
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Dated: March
26, 2009
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By:
/s/ Michael McChesney
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Michael
McChesney,
President
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