UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number: 000-23561
CUSIP Number: 697844108
(Check one):
[] Form 10-K [] Form 20-F [] Form 11-K [X] Form 10-Q
[] Form 10-D [] Form N-SAR [] Form N-CSR
For Period Ended: August 31, 2011
[] Transition Report on Form 10-K
[] Transition Report on Form 20-F
[] Transition Report on Form 11-K
[] Transition Report on Form 10-Q
[] Transition Report on Form N-SAR
For the Transition Period Ended:
Read Instruction (on back page) Before Preparing Form. Please Print or Type.
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 — REGISTRANT INFORMATION
Pan American Goldfields Ltd.
Full Name of Registrant
Mexoro Minerals Ltd.
Former Name if Applicable
595 Howe Street, Unit 906
Address of Principal Executive Office (Street and Number)
Vancouver, British Columbia, V6C 2T5 Canada
City, State and Zip Code
PART II — RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate) [ ]
[X]
(a) The reason 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, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, 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 subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
[ ]
(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III — NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra Sheets if Needed)
Management just recently received business information from its joint venture partner that is required to be included in its financial statements. As a result, the Company’s management and its auditors were unable to complete the preparation and review of the Company's Form 10-Q for the period ended August 31, 2010 in time for filing within the prescribed time period without unreasonable effort or expense. The Company expects to file within the extension period.
PART IV — OTHER INFORMATION
(1)
Name and telephone number of person to contact in regard to this notification
Salil Dhaumya, Chief Financial Officer
604-681-1163
(Name)
(Area Code) (Telephone Number)
(2)
Have all other periodic reports 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 registrant was required to file such report(s) been filed ? If answer is no, identify report(s). Yes [X] 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?
Yes [] No [X]
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.
Pan American Goldfields Ltd.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 14, 2011
By:
/s/ Salil Dhaumya
Salil Dhaumya
Chief Financial Officer