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): July 27, 2012

                            COLORADO GOLD MINES, INC.
                            -------------------------
                 (Name of Small Business Issuer in its charter)

             Nevada                    333-174872               68-0681435
      -----------------------      -------------------     ------------------
     (State of incorporation)     (Commission File No.)     (IRS Employer
                                                            Identification No.)

                                 P.O. Box 620490
                            Littleton, CO 80162-0490
                        --------------------------------
          (Address of principal executive offices, including Zip Code)

             Registrant's telephone number, including area code: (303) 506-1633

                                       N/A
                        --------------------------------
          (Former name or former address if changed since last report)

Check appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy  the filing  obligation  of the  registrant  under any of the  following
provisions (see General Instruction A.2. below)

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-14(c) under the
    Exchange Act (17 CFR 240.13e-4(c))




<PAGE>


Item 2.01. Completion of Acquisition or Disposition of Assets.

     On July 27,  2012 the  Company  acquired a 50%  interest  in Union  Milling
Company,  LLC ("Union") from Denver Equity Corporation in exchange for 5,000,000
shares of its common  stock.  Denver Equity  Corporation  is controlled by Kelly
Fielder, the Company's sole officer and director.

     The Mill was purchased by Union in 2007 and has been inactive since 1997.

     Union's assets consist of approximately  21 acres of real property,  an ore
processing milling facility and various ore milling equipment (the "Mill").

     Union currently holds permits from the Colorado  Department of Reclamation,
Mining and Safety that allow Union to process up to 70,000 tons of ore annually.
In addition,  Union is  currently  the holder of one of the only  tailings  pond
permits in Colorado.

     Union is  currently  engaged  in  renovating  the Mill and  constructing  a
tailings pond so that Union can begin  processing ore. The Mill is currently not
in operation.

     After making  improvements  to the Mill,  Union plans to secure  additional
permits  and ore  processing  contracts  with  various  gold,  silver  and other
metallurgic  mines in Colorado to allow Union to process an unlimited  amount of
ore. Union plans to complete its improvements in August 2012 which will allow it
to begin generating revenue in September 2012.

     Union  has  entered  into one  agreement  to  process  ore from a gold mine
located in Boulder  County and  currently  has executed two letters of intent to
process ore from gold mines in Clear Creek and La Plata Counties, Colorado.


                                       2

<PAGE>


                                   SIGNATURES

     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.


Date: July 27, 2012                   COLORADO GOLD MINES, INC.


                                      By: /s/ Kelly Fielder
                                          ----------------------------------
                                          Kelly Fielder, Chief Executive Officer


                                       3

<PAGE>
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{"company-data": {"conformed-name": "Cascade Springs Ltd.", "cik": "0001518380", "assigned-sic": "1040", "irs-number": "000000000", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-174872", "film-number": "12991184"}, "business-address": {"street1": "1155 E. TWAIN AVENUE", "street2": "SUITE 108", "city": "LAS VEGAS", "state": "NV", "zip": "89169", "phone": "(702) 988-4233"}, "mail-address": {"street1": "1155 E. TWAIN AVENUE", "street2": "SUITE 108", "city": "LAS VEGAS", "state": "NV", "zip": "89169"}}
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): July 27, 2012

                            COLORADO GOLD MINES, INC.
                            -------------------------
                 (Name of Small Business Issuer in its charter)

             Nevada                    333-174872               68-0681435
      -----------------------      -------------------     ------------------
     (State of incorporation)     (Commission File No.)     (IRS Employer
                                                            Identification No.)

                                 P.O. Box 620490
                            Littleton, CO 80162-0490
                        --------------------------------
          (Address of principal executive offices, including Zip Code)

             Registrant's telephone number, including area code: (303) 506-1633

                                       N/A
                        --------------------------------
          (Former name or former address if changed since last report)

Check appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy  the filing  obligation  of the  registrant  under any of the  following
provisions (see General Instruction A.2. below)

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-14(c) under the
    Exchange Act (17 CFR 240.13e-4(c))
Item 2.01. Completion of Acquisition or Disposition of Assets.

     On July 27,  2012 the  Company  acquired a 50%  interest  in Union  Milling
Company,  LLC ("Union") from Denver Equity Corporation in exchange for 5,000,000
shares of its common  stock.  Denver Equity  Corporation  is controlled by Kelly
Fielder, the Company's sole officer and director.

     The Mill was purchased by Union in 2007 and has been inactive since 1997.

     Union's assets consist of approximately  21 acres of real property,  an ore
processing milling facility and various ore milling equipment (the "Mill").

     Union currently holds permits from the Colorado  Department of Reclamation,
Mining and Safety that allow Union to process up to 70,000 tons of ore annually.
In addition,  Union is  currently  the holder of one of the only  tailings  pond
permits in Colorado.

     Union is  currently  engaged  in  renovating  the Mill and  constructing  a
tailings pond so that Union can begin  processing ore. The Mill is currently not
in operation.

     After making  improvements  to the Mill,  Union plans to secure  additional
permits  and ore  processing  contracts  with  various  gold,  silver  and other
metallurgic  mines in Colorado to allow Union to process an unlimited  amount of
ore. Union plans to complete its improvements in August 2012 which will allow it
to begin generating revenue in September 2012.

     Union  has  entered  into one  agreement  to  process  ore from a gold mine
located in Boulder  County and  currently  has executed two letters of intent to
process ore from gold mines in Clear Creek and La Plata Counties, Colorado.

                                       2
SIGNATURES

     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.

Date: July 27, 2012                   COLORADO GOLD MINES, INC.

                                      By: /s/ Kelly Fielder
                                          ----------------------------------
                                          Kelly Fielder, Chief Executive Officer

                                       3