UNITED STATES 
                   SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C.  20549
                               FORM 12b-25

                                                                                
           SEC FILE NUMBER  33-2150-LA
                                                                                
           CUSIP NUMBER 38114N-10-2

                       NOTIFICATION OF LATE FILING
                                (check one)

[ ] Form 10-KSB     [ ] Form 11-K   [ ] Form 20-F   [X] Form 10-QSB   [ ] Form 
N-SAR

For Period Ended:          JUNE 30, 1997

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: Entire Form 10-QSB

Part I - Registrant Information

      Full Name of Registrant             GOLDEN PANTHER RESOURCES, LTD. 
      Former Name if Applicable         APPLIED TECHNOLOGY, INC.
      Address of Principal Executive Office:  1111 W. Hastings Street, #211, 
Vancouver, Canada V6E 2J3
                                                            
Part II - Rule 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 appropriate box.)

      [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, semi-annual report, transition 
report on Form 10-K, 20-F, 11- K, or Form N-SAR, or portion thereof will be 
filed on or before the 15th calendar day following the prescribed due date; or 
the subject quarterly report or transition report on Form 10-QSB, 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 the reasons why Form 10-K, 11-K, 20-F, 10-QSB 
or N-SAR or portion thereof could not be filed within the prescribed time 
period.
     
     The auditors for the Company have not been able to complete its final 
report following a reverse merger that occurred in April 1997.  Much of the 
difficulty is that the acquired company had operations in Indonesia and such 
situation presented numerous logistical problems that prevented the audit from 
being completed.  The Company is unable to complete its accounting through 
June 30, 1997 until the audit reflecting the merger is complete.

Part IV - Other Information

      (1)     Name and telephone number of person to contact in regard to this 
notification.

               Katharine Johnston        Secretary                (604) 
689-5377          
                   (Name)                      (Title)               
(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 12 months or for such shorter period that the 
registrant was required to file such report(s) been filed?  If the answer if 
no, identify report(s).

                          (X) Yes  ( ) 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?

                          (X ) Yes  ( ) No

If so, attach an explanation of the anticipated change, both narrative and 
quantitatively, and, if appropriate, state the reasons why a reasonable 
estimate of the results cannot be made.

       The change will be the result of the merger that took place on April 1, 
and reported on Form 8-K.  As the pro forma financials are still being prepared
it is impossible to quantify the anticipated changes.

                                        GOLDEN PANTHER RESOURCES, LTD.
                                 (Name of Registrant as specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned 
thereunto duly authorized.


Date:     August 12, 1997       W. Scott Lawler, Esq.
                                (Signature)