ITEM 5.02 DEPARTURE OF CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

In connection with her assuming a position with another company, the Bullion River Gold Corp's Chief Financial Officer resigned effective August 22, 2007.

ITEM 8.01 OTHER EVENTS.

In addition to an internal reorganization of the accounting and budget functions, the Company has taken aggressive action to bring its operating costs in line with anticipated income by reducing its labor force effective August 31, 2007. That action is expected to reduce operating costs by approximately fifty-five percent. In addition to achieving operational efficiency through force reduction, the Company is committed to aggressive action focused on increasing revenue by improving the grade of extracted ore.