UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 12b-25
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SEC FILE NUMBER
   000-25170
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CUSIP NUMBER
12738N103
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                           NOTIFICATION OF LATE FILING

(Check One):  [  ]  Form 10-K    [  ]  Form 20-F     [  ]  Form 11-K
|X|  Form 10-Q    [  ]  Form N-SAR

For Period Ended: December 31, 2003
[ ] 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: ___________________


PART I -- REGISTRANT INFORMATION


Cadence Resources Corporation
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Full Name of Registrant

Royal Silver Mines, Inc.
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Former Name if Applicable

6 East Rose Street, P. O. Box 2056
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Address of Principal Executive Office (Street and Number)

Walla Walla, WA  99362
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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)

          (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, 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 of
               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

          (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 Forms 10-K,  20-F, 11-K, 10-Q,
N-SAR, or the transition  report portion thereof,  could not be filed within the
prescribed time period.

The accounting  firm of Williams & Webster,  PS could not complete the financial
statements in time.

PART IV-- OTHER INFORMATION

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

John Ryan                             (843)                       682-2023
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   (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).         |X|        Yes        [ ]     No
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(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 |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.


                        Cadence Resources Corporation
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                  (Name of Registrant as Specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.

Date:  February 13, 2004   By:      /s/ Howard M. Crosby
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                                        Howard M. Crosby
                                        President