UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

~~the~~ Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~November~~January 2931, ~~2011~~ 2012

Ruby Creek Resources, Inc.
(Exact name of registrant as specified in its charter)

Nevada	000-52354	26-4329046
(State or other jurisdiction	Commission file number	(IRS Employer
of incorporation)		Identification No.)

750 Third Avenue, 11th Floor, New York, New York	10017
(Address of principal executive offices)	(Zip Code)

(212) 679-5711

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨£ 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))

~~ITEM 1~~5.0102 ~~Entry~~Departure ~~into~~of aDirectors ~~Material~~or ~~Definitive~~Certain ~~Agreement~~Officers; Election ~~and~~of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

~~ITEM~~Effective 2January 25, 2012, the Board of Directors of Ruby Creek Resources, Inc.01 ~~Completion~~appointed Daniel Bartley as Co-CEO. Mr. Bartley will be responsible for overall operations and management of ~~Acquisition~~the orCompany ~~Disposition~~domestically and in its mining operations in Tanzania. He will report directly to the Board of ~~Assets~~Directors. Mr. Bartley joined the Company in June 2011 and, prior to his current appointment, served as Vice President – Finance.

OnMr. ~~November~~Bartley 29joined the Ruby Creek management team in June 2011. He has over 25 years of both public and private operational, financial reporting and management experience. From June 2009 to March 2011, ~~Ruby~~Mr. ~~Creek~~Bartley ~~Resources~~served as the CFO of Ultravolt, Inc., a ~~Nevada~~designer ~~corporation~~and ~~(“Ruby~~manufacturer ~~Creek”)~~of high voltage power supply units, ~~completed~~where he was responsible for internal and external financial reporting. From March 2006 to April 2009, Mr. Bartley served as the ~~purchase~~CFO of Odyne Corporation, ~~pursuant~~a company which manufactured advanced hybrid electric vehicle propulsion systems. From January 2004 to ~~its~~February ~~purchase~~2006, ~~agreement~~he ~~(the~~served ~~“Agreement”)~~as ~~and~~Vice ~~amendment~~President–Controller ~~described~~of ~~below~~Levitz Home Furnishing, ~~with~~ ~~Gold~~a ~~Standard~~$1 billion ~~Ltd~~retailer home furnishings company. ~~(“GS”)~~Prior to 2004, ~~Gold~~Mr. ~~Standard~~Bartley ~~Tanzania~~served ~~Ltd.~~as ~~(“GST”)~~President of Bartley & Associates, a financial consulting firm that specialized in asset purchase transactions, financial advisory services and ~~Robert~~financial reporting Jsystems. ~~Moriarty~~He ~~(“Moriarty”),~~received a B.S. in Accounting from Long Island University and M.A. in Theology from the Seminary of the ~~following~~Immaculate ~~assets~~Conception. (Mr. Bartley is a Certified Public Accountant in the ~~“Purchased~~State ~~Assets”):~~of NY.

1Mr. ~~GST’s~~Bartley ~~Mining~~continues ~~License~~at ~~No.~~this ~~409/2010~~time under his original two year employment agreement, which ~~received~~was ~~Ministerial~~effective ~~approval~~June to6, ~~change~~2011. Under this agreement he receives an annual salary of $125,000 per annum, is eligible for an annual bonus at the ~~controlling~~discretion ~~shareholder~~of ~~from~~the GSBoard of Directors and is entitled to ~~Ruby~~a ~~Creek~~salary onincrease ~~Setember~~upon attainment 16of positive cashflow. He was also granted 25,000 ~~2011;~~shares of common stock of the Company and 200,000 common stock purchase options exercisable at $0.50 per share, vesting ratably over the term of his contract. These options expire in five years.

2The Company and Mr. ~~95%~~Bartley ofare in the ~~shares~~process of ~~GST;~~negotiating an amendment to his current employment agreement.

3.Item ~~Interests in two joint ventures including Prospecting License No~~9.01 ~~PLR.~~Financial ~~6011/2009~~Statements ~~covering the area of 349.75 square kilometers~~ and ~~Prospecting License No~~Exhibits. ~~PLR. 6310/2010 covering the area of 89.06 square kilometers, both located in Liwale District, Lindi Region in the United Republic of Tanzania;~~

4.(d) ~~All of the mining equipment, parts, tools and materials owned and/or in the possession of GST; and~~Exhibits.

~~5. GST’s mining camp and all assets contained therein.~~None

Immediately prior to the purchase of the Purchased Assets, Ruby Creek, GS, GST and Moriarty entered into an amendment to the Agreement (the “Amendment”). Pursuant to the Amendment, a copy of which is annexed hereto as Exhibit 10.29, the parties agreed as follows:SIGNATURES

1.Pursuant ~~GS,~~to ~~GST~~the ~~and~~requirements ~~Moriarty~~of ~~agreed~~the toSecurities ~~accept~~Exchange 1Act of 1934,~~200,000~~ ~~shares~~the ofregistrant ~~Ruby~~has ~~Creek~~duly ~~common~~caused ~~stock~~this inreport ~~lieu~~to ofbe ~~$900,000~~signed inon ~~cash;~~its behalf by the undersigned hereunto duly authorized.

2. The conversion price of the Shares Note conveyed to GS at closing was changed from $0.50 to $1.00 and the principal amount from $1,000,000 to $974,000;

	RUBY CREEK RESOURCES, INC.

Date: January 31, 2012	By:	/s/ Myron Landin Myron Landin

		Chief Financial Officer

3. The principal amount of the Mining Equipment Note conveyed to GS at closing was changed from $1,000,000 to $1,026,000 and was made immediately convertible in full instead of one-third becoming convertible every six months;

4. The allocation of the purchase price was changed such that a portion of the promissory notes conveyed by Ruby Creek at closing were allocated to repayment of a loan from GS to GST; and

5. Ruby Creek waived any breaches of the Purchase Agreement which resulted from a prior alleged breach by GS under the First Joint Venture and any failure by GST to deliver complete financial records.

Pursuant to the Purchase Agreement and Amendment, the total consideration paid at closing for the Purchased Assets consisted of: $100,000 in cash deposits previously paid, the $974,000 8% Shares Note with a term of 18 months and which is convertible at $1.00 per share into Ruby Creek Common Stock, the $1,026,000 8% Mining Equipment Note with a term of 18 months which is convertible at $0.75 per share into Ruby Creek Common Stock, 1,200,000 shares of Ruby Creek Common Stock and assumption of a liability of approximately $585,000 to GST’s joint venture partner of which $200,000 was paid on April 6, 2011.

The foregoing description of the Agreement and Amendment in this Current Report on Form 8-K is qualified in its entirety by reference to the Agreement which is filed as Exhibit 10.28 to the Ruby Creek Current Report on Form 8-K filed with the SEC on August 15, 2011, and by reference to the Amendment which is annexed hereto as Exhibit 10.29, each of which is incorporated by reference herein.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.

Exhibit No.		Description
10.29		Amendment among Ruby Creek Resources, Inc., Gold Standard Ltd., Gold Standard Tanzania Ltd. and Robert J. Moriarty, dated as of November 29, 2011.

SIGNATURES

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

	RUBY CREEK RESOURCES, INC.
Date: December 5, 2011	By:	/s/ Robert Slavik
		Robert Slavik
		Chief Executive Officer

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