<HTML>
<head><title>Converted by EDGARwiz</title> </head> <body style="MARGIN-TOP:0px; FONT-FAMILY:Times New Roman; COLOR:#000000; FONT-SIZE:10pt"> <div style="WIDTH:1065px; HEIGHT:3207px"> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px>&nbsp;</p> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:14pt" align=center><b>UNITED STATES</b></p> <p style="MARGIN:0px; FONT-SIZE:14pt" align=center><b>SECURITIES AND EXCHANGE COMMISSION</b></p> <p style=MARGIN:0px align=center><b>Washington, D.C. 20549</b></p> <p style=MARGIN:0px align=center>&nbsp;</p> <p style=MARGIN:0px align=center>&nbsp; </p> <p style=MARGIN:0px align=center>__________________________<br></p> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:18pt" align=center><b>FORM 8-K</b></p> <p style=MARGIN:0px align=center>&nbsp;</p> <p style=MARGIN:0px align=center>__________________________<br></p> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>CURRENT REPORT</b></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>Pursuant to Section 13 or 15(d) of</b></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>the Securities Exchange Act of 1934</b></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>&nbsp;</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center><b>Date of Report (date of earliest event reported):&nbsp;&nbsp;May 8, 2012</b></p> <p style=MARGIN:0px align=center>&nbsp;______________________________________________</p> <p style=MARGIN:0px align=center><br>&nbsp;</p> <p style="MARGIN:0px; FONT-SIZE:24pt" align=center><b>PAN AMERICAN GOLDFIELDS LTD.</b></p> <p style=MARGIN:0px align=center>(Exact name of Registrant as specified in its charter)</p> <p style=MARGIN:0px><br></p> <table width=100% style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td> <td> <td> <td> <td /> </tr><tr> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>Delaware</b></p></td> <td style=MARGIN-TOP:0px valign=bottom> <p style=MARGIN:0px>&nbsp; </p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>000-23561</b></p></td> <td style=MARGIN-TOP:0px valign=bottom> <p style=MARGIN:0px>&nbsp; </p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>84-1431797</b></p></td></tr> <tr> <td style="MARGIN-TOP:0px; BORDER-TOP:#000000 1px solid" valign=top> <p style=MARGIN:0px align=center>(State or other jurisdiction of incorporation or organization)</p></td> <td style=MARGIN-TOP:0px valign=bottom> <p style=MARGIN:0px>&nbsp; </p></td> <td style="MARGIN-TOP:0px; BORDER-TOP:#000000 1px solid" valign=top> <p style=MARGIN:0px align=center>(Commission File Number)</p></td> <td style=MARGIN-TOP:0px valign=bottom> <p style=MARGIN:0px>&nbsp; </p></td> <td style="MARGIN-TOP:0px; BORDER-TOP:#000000 1px solid" valign=top> <p style=MARGIN:0px align=center>(I.R.S. Employer Identification Number)</p></td></tr></table> <p style=MARGIN:0px>&nbsp;</p> <table width=100% style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" /> </tr><tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px>&nbsp; </p></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px align=center>595 HOWE STREET, UNIT 906</p> <p style=MARGIN:0px align=center><u>VANCOUVER, CANADA V6C 2T5</u></p></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px align=center><b>(Address of principal executive offices) (Zip Code)</b></p></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px>&nbsp;</p></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px align=center><u>(604) 681-1163</u></p></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px align=center><b>(Registrant<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s telephone number, including area code)</b></p></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px>&nbsp; </p></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px align=center><b><u>Not Applicable</u></b></p></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; MARGIN-TOP:0px; BORDER-TOP:0px; BORDER-RIGHT:0px" valign=top> <p style=MARGIN:0px align=center><b>(Former name or former address, if changed since last report)</b></p></td></tr></table> <p style=MARGIN:0px align=center>&nbsp; </p> <p style=MARGIN:0px align=center>_______________________________________________<br></p> <p style=MARGIN:0px>&nbsp;</p> <p style=MARGIN:0px>Check the 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:</p> <p style=MARGIN:0px>&nbsp;</p> <p style="MARGIN:0px; FONT-FAMILY:Wingdings">o<font style="FONT-FAMILY:Times New Roman">&nbsp;&nbsp;&nbsp;</font><font style="FONT-FAMILY:Times New Roman">&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p> <p style=MARGIN:0px>&nbsp;</p> <p style="MARGIN:0px; FONT-FAMILY:Wingdings">o<font style="FONT-FAMILY:Times New Roman">&nbsp;&nbsp;&nbsp;</font><font style="FONT-FAMILY:Times New Roman">&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p> <p style=MARGIN:0px>&nbsp;</p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px; FONT-FAMILY:Wingdings">o<font style="FONT-FAMILY:Times New Roman">&nbsp;&nbsp;&nbsp;</font><font style="FONT-FAMILY:Times New Roman">&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p> <p style=MARGIN:0px>&nbsp;</p> <p style="MARGIN:0px; FONT-FAMILY:Wingdings">o<font style="FONT-FAMILY:Times New Roman">&nbsp;&nbsp;&nbsp;</font><font style="FONT-FAMILY:Times New Roman">&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px> <hr> <br></p> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px><br><br></p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px"><b>ITEM 5.02. &nbsp;DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS</b></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px>On May 7, 2012, Pan American Goldfields Ltd., a precious metal producer and exploration company, has appointed Andrey Koniuhov to its board of directors. &nbsp;</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=justify>Mr. Koniuhov has over 25 years of exploration and mining experience. He currently serves as Director of Geology and Advanced Projects for Polyus Gold, the third-largest gold company in the world by reserves. Prior to that, he was Deputy CEO of Polyus Exploration,&nbsp;a wholly owned subsidiary of Polyus Gold, where he directed the 2009-2011 brownfield exploration campaigns that led to the discovery of more than 40 million ounces of gold in the proven-probable,&nbsp;measured,&nbsp;indicated and inferred categories. </p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px>Prior to joining Polyus Gold, Mr. Koniuhov served as Senior Consulting Geologist for Barrick Gold Corp. and Senior Geologist for Kentor Gold Ltd. He previously worked as Deputy Director for Apex Asia LDC, a subsidiary of Apex Silver Mines Corp., on its Kumushtak joint venture. He holds an M.Sc. in Geology with an emphasis on exploration geology and mining exploration from Leningrad State University.</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px>The Company issued a press release on May 8, 2012 regarding the appointment of Mr. Koniuhov. &nbsp;A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.</p> <p style=MARGIN:0px>&nbsp;</p> <p style=MARGIN:0px><br>&nbsp;</p> <p style=MARGIN:0px><b>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS</b></p> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; WIDTH:48px; MARGIN-BOTTOM:-2px; FLOAT:left">(d)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px">Exhibits</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <table style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td width=83> <td width=12> <td width=237 /> </tr><tr> <td width=83 style="BORDER-BOTTOM:#000000 2px solid; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>Exhibit</b></p></td> <td width=12 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:8pt"><b>&nbsp;</b></p></td> <td width=237 style="BORDER-BOTTOM:#000000 2px solid; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:8pt"><b>Description</b></p></td></tr> <tr> <td width=83 style="BACKGROUND-COLOR:#ffffff; MARGIN-TOP:0px" valign=top><p style=MARGIN:0px>&nbsp;99.1</p></td> <td width=12 style="BACKGROUND-COLOR:#ffffff; MARGIN-TOP:0px" valign=top><p style=MARGIN:0px><br></p></td> <td width=237 style="BACKGROUND-COLOR:#ffffff; MARGIN-TOP:0px" valign=top><p style=MARGIN:0px>Press Release, dated May 8, 2012.</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px>&nbsp;&nbsp;</p> <p style=MARGIN:0px align=center> <hr> <br></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=right>&nbsp; </p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center><br><br></p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px" align=center><b>SIGNATURE</b></p> <p style=MARGIN:0px>&nbsp;</p> <p style=MARGIN:0px>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.</p> <p style="TEXT-INDENT:20px; MARGIN:0px">&nbsp;</p> <p style=MARGIN:0px>&nbsp;</p> <p style="MARGIN-TOP:0px; WIDTH:312px; MARGIN-BOTTOM:-2px; FLOAT:left">&nbsp; </p> <p style="TEXT-INDENT:-2px; MARGIN:0px"><b>PAN AMERICAN GOLDFIELDS LTD.</b></p> <p style="MARGIN-TOP:0px; WIDTH:312px; MARGIN-BOTTOM:-2px; FLOAT:left; CLEAR:left">&nbsp; </p> <p style="TEXT-INDENT:-2px; MARGIN:0px">&nbsp;</p> <p style="MARGIN-TOP:0px; WIDTH:312px; MARGIN-BOTTOM:-2px; FLOAT:left; CLEAR:left">Date: May 9, 2012</p> <p style="MARGIN-TOP:0px; WIDTH:31px; MARGIN-BOTTOM:-2px; FLOAT:left">By:</p> <p style="TEXT-INDENT:-2px; MARGIN:0px">/s/ Miguel Di Nanno</p> <p style="MARGIN-TOP:0px; WIDTH:312px; MARGIN-BOTTOM:-2px; FLOAT:left; CLEAR:left">&nbsp; </p> <p style="MARGIN-TOP:0px; WIDTH:31px; MARGIN-BOTTOM:-2px; FLOAT:left">&nbsp; </p> <p style="TEXT-INDENT:-2px; MARGIN:0px">Miguel Di Nanno</p> <p style="MARGIN-TOP:0px; WIDTH:312px; MARGIN-BOTTOM:-2px; FLOAT:left; CLEAR:left">&nbsp; </p> <p style="MARGIN-TOP:0px; WIDTH:31px; MARGIN-BOTTOM:-2px; FLOAT:left">&nbsp; </p> <p style="TEXT-INDENT:-2px; MARGIN:0px">&nbsp;President</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN:0px; FONT-SIZE:8pt">&nbsp; </p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center>&nbsp; </p> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=right>&nbsp; </p> <p style=MARGIN:0px align=center> <hr> <br><br></p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px" align=center><b>EXHIBIT INDEX</b></p> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px><br></p> <table style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td width=53> <td width=13> <td width=266 /> </tr><tr> <td width=53 style="BORDER-BOTTOM:#000000 2px solid; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>Exhibit</b></p></td> <td width=13 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:8pt"><b>&nbsp;</b></p></td> <td width=266 style="BORDER-BOTTOM:#000000 2px solid; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:8pt"><b>Description</b></p></td></tr> <tr> <td width=53 style="BACKGROUND-COLOR:#ffffff; MARGIN-TOP:0px" valign=top><p style=MARGIN:0px>&nbsp;99.1</p></td> <td width=13 style="BACKGROUND-COLOR:#ffffff; MARGIN-TOP:0px" valign=top><p style=MARGIN:0px><br></p></td> <td width=266 style="BACKGROUND-COLOR:#ffffff; MARGIN-TOP:0px" valign=top><p style=MARGIN:0px>Press Release, dated May 8, 2012.</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px> <hr> <br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br><br></p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px"><b>EXHIBIT NO. 99.1</b></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><b>Pan American Goldfields Appoints Andrey Koniuhov to Board of Directors</b></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>VANCOUVER, B.C. CANADA May 8, 2012 - Pan American Goldfields Ltd. (OTCQB: MXOM) (<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font>Pan American<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font> or the "Company"), a precious metal producer and exploration company, has appointed Andrey Koniuhov to its board of directors.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>Mr. Koniuhov has over 25 years of exploration and mining experience. He currently serves as Director of Geology and Advanced Projects for Polyus Gold, the third-largest gold company in the world by reserves. Prior to that, he was Deputy CEO of Polyus Exploration,&nbsp;a wholly owned subsidiary of Polyus Gold, where he directed the 2009-2011 brownfield exploration campaigns that led to the discovery of more than 40 million ounces of gold in the proven-probable,&nbsp;measured,&nbsp;indicated and inferred categories. </p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>Prior to joining Polyus Gold, Mr. Koniuhov served as Senior Consulting Geologist for Barrick Gold Corp. and Senior Geologist for Kentor Gold Ltd. He previously worked as Deputy Director for Apex Asia LDC, a subsidiary of Apex Silver Mines Corp., on its Kumushtak joint venture. He holds an M.Sc. in Geology with an emphasis on exploration geology and mining exploration from Leningrad State University.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font>Mr. Koniuhov is clearly one of the gold sector's most prolific explorationists,<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font> stated Neil Maedel, Chairman of Pan American. <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font>He has a long track record of designing and implementing successful exploration programs for major producers such as Polyus and Barrick. Mr. Koniuhov<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s exceptional ability to find and develop giant gold deposits will be invaluable as we work to acquire and develop a portfolio of world-class gold assets. We welcome him to our board.<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><b>About Pan American Goldfields</b></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>Pan American Goldfields is a precious metals mining and exploration company with projects in Mexico's booming Sierra Madre gold-silver belt and the Maricunga Gold Belt straddling the border between Argentina and Chile. The Company's most advanced development is its now producing Cieneguita gold-silver mine, where a preliminary economic assessment for the expansion of the operation is underway. In addition, the Company holds the Cerro Delta project in Argentina, where it is preparing to drill test a series of large porphyry-style copper-gold occurrences <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#150;</font> which are on structure and 12 miles east of Barrick<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s 25 million oz/Au Cerro Casale in the Maricunga gold belt. The Company continues to assess other high-impact acquisitions in Colombia, Argentina and Mongolia. </p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><i>On behalf of the Board of Directors,</i></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><i>Neil Maedel, Chairman</i></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><b>Safe Harbor Disclosure</b></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>The information in this press release contains forward-looking statements regarding future events or the future financial performance of the Company. Please note that any statements that may be considered forward-looking are based on projections; that any projections involve judgment, and that individual judgments may vary. Moreover, these projections are based only on limited information available to us now, which is subject to change. Although those projections and the factors influencing them will likely change, we are under no obligation to inform you if they do. Actual results may differ substantially from any such forward looking statements as a result of various factors, many of which are beyond our control, including, among others, the timing and outcome of our feasibility study on our Cieneguita Project; the costs and results of our initial production activities on our Cieneguita Project; the future financial and operating performances of our projects; the estimation of mineral resources and the realization of mineral reserves, if any, on our existing and any future projects; the timing of exploration, development, and production activities and estimated future production, if any; estimates related to costs of production, capital, operating and exploration expenditures; requirements for additional capital and our ability to raise additional capital on a timely basis and on acceptable terms; government regulation of mining operations, environmental risks, reclamation and rehabilitation expenses; title disputes or claims against our existing and any future projects; and the future price of gold, silver, or other minerals. These and other factors can be found in our </p> <p style=MARGIN:0px align=justify><br><br></p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px" align=justify>filings with the SEC. The Company undertakes no obligation to release publicly the results of any revision to these forward-looking statements to reflect events or circumstances following the date of this release.</p> <p style=MARGIN:0px align=justify><b>For further information:</b></p> <p style=MARGIN:0px align=justify>Email: <font style=COLOR:#0000ff><u>info@panamgoldfields.com</u></font></p> <p style=MARGIN:0px align=justify>Tel: 604-340-8678</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><b>Investor Relations Contact: </b></p> <p style=MARGIN:0px>Dave Gentry</p> <p style=MARGIN:0px>RedChip Companies, Inc.</p> <p style=MARGIN:0px>1-800-733-2447, Ext. 104</p> <p style="MARGIN:0px; COLOR:#0000ff"><u>info@redchip.com</u></p> <p style="MARGIN:0px; COLOR:#0000ff" align=justify><u>http://www.redchip.com</u></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center>###</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px>Source: Pan American Goldfields Ltd.</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br><br></p></div></body>
<!-- EDGAR Validation Code: 2DB571A3 -->
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "panamericanform8kkoniuhovapp.htm", "description": "MAY 8, 2012 NEWS RELEASE", "secsgml_size_bytes": 20307}]
{"company-data": {"conformed-name": "PAN AMERICAN GOLDFIELDS LTD", "cik": "0001046672", "assigned-sic": "1040", "irs-number": "841431797", "state-of-incorporation": "DE", "fiscal-year-end": "0228"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-23561", "film-number": "12826485"}, "business-address": {"street1": "595 HOWE STREET, UNIT 906", "city": "VANCOUVER", "state": "A1", "zip": "V6C 2T5", "phone": "303-327-1587"}, "mail-address": {"street1": "595 HOWE STREET, UNIT 906", "city": "VANCOUVER", "state": "A1", "zip": "V6C 2T5"}, "former-company": [{"former-conformed-name": "MEXORO MINERALS LTD", "date-changed": "20060213"}, {"former-conformed-name": "SUNBURST ACQUISITIONS IV INC", "date-changed": "19970924"}]}
Converted by EDGARwiz
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):  May 8, 2012
______________________________________________
PAN AMERICAN GOLDFIELDS LTD.
(Exact name of Registrant as specified in its charter)
Delaware
000-23561
84-1431797
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification Number)
595 HOWE STREET, UNIT 906
VANCOUVER, CANADA V6C 2T5
(Address of principal executive offices) (Zip Code)
(604) 681-1163
(Registrant
'
s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
_______________________________________________
Check the 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:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02.  DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On May 7, 2012, Pan American Goldfields Ltd., a precious metal producer and exploration company, has appointed Andrey Koniuhov to its board of directors.
Mr. Koniuhov has over 25 years of exploration and mining experience. He currently serves as Director of Geology and Advanced Projects for Polyus Gold, the third-largest gold company in the world by reserves. Prior to that, he was Deputy CEO of Polyus Exploration, a wholly owned subsidiary of Polyus Gold, where he directed the 2009-2011 brownfield exploration campaigns that led to the discovery of more than 40 million ounces of gold in the proven-probable, measured, indicated and inferred categories.
Prior to joining Polyus Gold, Mr. Koniuhov served as Senior Consulting Geologist for Barrick Gold Corp. and Senior Geologist for Kentor Gold Ltd. He previously worked as Deputy Director for Apex Asia LDC, a subsidiary of Apex Silver Mines Corp., on its Kumushtak joint venture. He holds an M.Sc. in Geology with an emphasis on exploration geology and mining exploration from Leningrad State University.
The Company issued a press release on May 8, 2012 regarding the appointment of Mr. Koniuhov.  A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d)
Exhibits
Exhibit
Description
99.1
Press Release, dated May 8, 2012.
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.
PAN AMERICAN GOLDFIELDS LTD.
Date: May 9, 2012
By:
/s/ Miguel Di Nanno
Miguel Di Nanno
President
EXHIBIT INDEX
Exhibit
Description
99.1
Press Release, dated May 8, 2012.
EXHIBIT NO. 99.1
Pan American Goldfields Appoints Andrey Koniuhov to Board of Directors
VANCOUVER, B.C. CANADA May 8, 2012 - Pan American Goldfields Ltd. (OTCQB: MXOM) (
"
Pan American
"
or the "Company"), a precious metal producer and exploration company, has appointed Andrey Koniuhov to its board of directors.
Mr. Koniuhov has over 25 years of exploration and mining experience. He currently serves as Director of Geology and Advanced Projects for Polyus Gold, the third-largest gold company in the world by reserves. Prior to that, he was Deputy CEO of Polyus Exploration, a wholly owned subsidiary of Polyus Gold, where he directed the 2009-2011 brownfield exploration campaigns that led to the discovery of more than 40 million ounces of gold in the proven-probable, measured, indicated and inferred categories.
Prior to joining Polyus Gold, Mr. Koniuhov served as Senior Consulting Geologist for Barrick Gold Corp. and Senior Geologist for Kentor Gold Ltd. He previously worked as Deputy Director for Apex Asia LDC, a subsidiary of Apex Silver Mines Corp., on its Kumushtak joint venture. He holds an M.Sc. in Geology with an emphasis on exploration geology and mining exploration from Leningrad State University.
"
Mr. Koniuhov is clearly one of the gold sector's most prolific explorationists,
"
stated Neil Maedel, Chairman of Pan American.
"
He has a long track record of designing and implementing successful exploration programs for major producers such as Polyus and Barrick. Mr. Koniuhov
'
s exceptional ability to find and develop giant gold deposits will be invaluable as we work to acquire and develop a portfolio of world-class gold assets. We welcome him to our board.
"
About Pan American Goldfields
Pan American Goldfields is a precious metals mining and exploration company with projects in Mexico's booming Sierra Madre gold-silver belt and the Maricunga Gold Belt straddling the border between Argentina and Chile. The Company's most advanced development is its now producing Cieneguita gold-silver mine, where a preliminary economic assessment for the expansion of the operation is underway. In addition, the Company holds the Cerro Delta project in Argentina, where it is preparing to drill test a series of large porphyry-style copper-gold occurrences
–
which are on structure and 12 miles east of Barrick
'
s 25 million oz/Au Cerro Casale in the Maricunga gold belt. The Company continues to assess other high-impact acquisitions in Colombia, Argentina and Mongolia.
On behalf of the Board of Directors,
Neil Maedel, Chairman
Safe Harbor Disclosure
The information in this press release contains forward-looking statements regarding future events or the future financial performance of the Company. Please note that any statements that may be considered forward-looking are based on projections; that any projections involve judgment, and that individual judgments may vary. Moreover, these projections are based only on limited information available to us now, which is subject to change. Although those projections and the factors influencing them will likely change, we are under no obligation to inform you if they do. Actual results may differ substantially from any such forward looking statements as a result of various factors, many of which are beyond our control, including, among others, the timing and outcome of our feasibility study on our Cieneguita Project; the costs and results of our initial production activities on our Cieneguita Project; the future financial and operating performances of our projects; the estimation of mineral resources and the realization of mineral reserves, if any, on our existing and any future projects; the timing of exploration, development, and production activities and estimated future production, if any; estimates related to costs of production, capital, operating and exploration expenditures; requirements for additional capital and our ability to raise additional capital on a timely basis and on acceptable terms; government regulation of mining operations, environmental risks, reclamation and rehabilitation expenses; title disputes or claims against our existing and any future projects; and the future price of gold, silver, or other minerals. These and other factors can be found in our
filings with the SEC. The Company undertakes no obligation to release publicly the results of any revision to these forward-looking statements to reflect events or circumstances following the date of this release.
For further information:
Email:
info@panamgoldfields.com
Tel: 604-340-8678
Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-800-733-2447, Ext. 104
info@redchip.com
http://www.redchip.com
###
Source: Pan American Goldfields Ltd.