UNITED STATES 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) June 29, 2004 CADENCE RESOURCES CORPORATION (FORMERLY ROYAL SILVER MINES, INC.) (Exact name of registrant as specified in its charter) UTAH 87-0306609 (STATE OR OTHER JURISDICTION (IRS EMPLOYER OF INCORPORATION) IDENTIFICATION NO) 6 EAST ROSE STREET, P.O. BOX 2056 WALLA WALLA, WASHINGTON 99362 (Address of Principal Executive Offices, including Zip Code.) 509-526-3491 (Registrant's telephone number, including area code.) ITEM 9. REGULATION FD DISCLOSURE. On June 29, 2004, we issued a press release updating our progress in drilling and completion of natural gas wells in De Soto Parish, LA. We also announced that we will be drilling a new oil well in Wilbarger County, TX and are completing a 3D seismic program to define additional drill targets on the Wilbarger County property. Investors should pay close attention to the disclosure regarding the difficulty we have encountered completing natural gas wells in the Hosston formation on the De Soto Parish property. We also noted that we will be impairing two of the twelve currently producing gas wells at this property as it appears unlikely that these wells will recover their capital costs over their lifetime. This impairment will be taken effective June 30, 2004 and will be reflected in our forthcoming quarterly financial statements. The press release is furnished herewith as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. The following exhibits are hereby made part of this Form 8-K: Exhibit 99.1 Press Release SIGNATURE 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. CADENCE RESOURCES CORPORATION ---------------------------------- (Registrant) Date: June 29, 2004 By: /s/ John P. Ryan - -------------------- ----------------------------- John P. Ryan Chief Financial Officer