SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~December~~January 298, 2011

NORTH SPRINGS RESOURCES CORP.

(Exact name of Company as specified in its charter)



Nevada	333-167217	68-0678790
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification Number)
	200 S Virginia, 8th Floor Reno, NV 89501
	(Address of principal executive offices)
	Phone: (775) 398-3078
	(Company’s Telephone Number)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:

. Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

. Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

. Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

. Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

NORTH SPRINGS RESOURCES CORP.

Form 8-K

Current Report

Item 1.01 Entry into a Material Definitive Agreement

On ~~December~~January 298, 2011, North Springs Resources Corp., a Nevada corporation (the “Company”), entered into ~~that~~a ~~certain~~Minerals ~~Joint~~Lease ~~Venture~~and Agreement (the “JVImperial Agreement”") with ~~DNP~~MinQuest, ~~Mining LLLP~~Inc., ana ~~Arizona~~Nevada ~~limited~~corporation ~~liability company~~ (~~“DNP”~~"MinQuest"), whereby the Company ~~shall~~acquired ~~form~~the aright ~~joint~~to ~~venture~~conduct ~~with~~mineral ~~DNP~~exploration inactivities ~~order~~for toa ~~conduct~~term ~~mineral~~of ~~exploration~~twenty ~~activities~~(20) onyears or(the ~~about~~“Term”) on various unpatented mining claims situated in ~~Yavapai~~Esmeralda County, ~~Arizona~~Nevada, collectively known as the ~~Gold~~Imperial ~~Star~~Property ~~and One Arm Joe Properties~~ (the “Imperial Property”)~~. Pursuant to the JV~~, ~~the~~subject ~~Company~~to ~~shall acquire~~ a ~~twenty~~three percent (203%) ~~working~~Net ~~interest~~Smelter inRoyalty ~~the~~to ~~Property~~be inpaid ~~exchange~~to ~~for~~MinQuest. As ~~paying~~consideration, the Company shall pay an aggregate of ~~five~~one hundred forty thousand US dollars ($~~500~~140,000) into ~~funding~~MinQuest ~~for phase 1 of the Property,~~ and ~~the~~shall ~~Company~~provide ~~has~~an ~~the~~aggregate ~~right~~of tothree ~~acquire~~million anUS ~~additional~~dollars ~~fifteen percent~~ (~~15%~~$3,000,000) ~~working interest~~ in ~~the~~work ~~Property~~commitments ~~upon~~over ~~supplying~~the ~~funding~~Term. The ~~equal~~Imperial toAgreement ~~three~~is ~~million~~filed ~~dollars~~as ~~($3,000,000)~~Exhibit to10.1 ~~finance~~and ~~phase~~is 2incorporated ofherein ~~the~~by ~~Property~~this reference.

The foregoing summary description of the terms of the JVImperial Agreement may not contain all information that is of interest to the reader. For further information regarding the terms and conditions of the JVagreements, ~~Agreement~~ this reference is made to such agreement, which is filed as ~~Exhibits~~Exhibit 10.1 ~~to this Current Report on Form 8-K (the “Current Report”)~~ and is incorporated herein by this reference.

Item 2.03

Creation of a Direct Financial Obligation.

The information provided in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01

Financial Statements and Exhibits.


(d)	Exhibits

Exhibit No.	Description
10.1	JVImperial Property Minerals Lease and Agreement with ~~DNP~~MinQuest, ~~Mining~~Inc. ~~LLLP~~ dated ~~December~~January 298, ~~2011~~2012.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NORTH SPRINGS RESOURCES CORP.
Date: December 30, 2011	By: /s/ Harry Lappa
Date: January 9, 2012	By: /s/ Harry Lappa
		Harry Lappa
		President and CEO

Filing Compare · NORTH SPRINGS RESOURCES CORP.