8-K

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

January 13, 2008

Date of Report

(Date of Earliest Event Reported)

Nilam Resources Inc.

(Exact Name of Registrant as Specified in its Charter)

Nevada	333-135980	98-0487414
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation)	File Number)	Identification No.)

42 Camden Street, Suite 503, Toronto, Ontario	M5V 1V1
(Address of principal executive offices)	(Zip Code)

 1-416-823-0915

  (Registrant's telephone number, including area code)

N/A

 (Former name and 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 (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 o Rule 14d-2(b) under the  Exchange Act (17 CFR 240.14d-2(b))

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

SECTION 1 – REGISTRANT’S BUSINESS AND OPERATIONS

ITEM 1.01 Entry into a Material Definitive Agreement.

On January 13, 2008, the Company entered into a Letter of Intent with MRC 1 Explorations of Peru, to purchase the Pativilca Gold Mine (“Pativilca”).  The property is located 200 km NNW of Lima, Peru, in the last western reinforcement of the western of central Andes of Peru. Politically the property belongs to the district and province of Huarmey, Anchas department.   Pativilca is a mineral claim consisting of 6 major mining concessions, covering 2100 hectares.  It is an operating gold mine that is currently refining approximately 50 tons of ore daily.

The terms of the Letter of Intent propose the purchase price for the Pativilca Gold Mine will be paid in cash and stock.  The Corporation shall pay the seller a total of $1,500,000 (US) and two million shares of common restricted stock (at a stock price not less than $1 per share).  The $1,500,000 cash is to be paid in three installments.  The first installment of $250,000 shall be paid upon the execution of public deeds transferring the concessions to the Corporation.  The second installment of $500,000 shall be paid four months after the initial payment.  The final purchase price payment of $750,000 shall be paid ten months from the initial payment and execution of the transfers of the mining concessions.  The two million purchase shares shall be issued to the seller upon the transfer of concessions, but shall be escrowed until the final purchase price is paid.  Additionally, the Corporation will pay a 3% royalty fee from the net production to the seller.

 The Corporation’s executive team is continuing due diligence on the Pativilca property.

ITEM 7.01 REGULATION FD DISCLOSURE

The Company issued a press release in connection with the Letter of Intent on the Pativilca mining property as bed in Item 1.01 of this Form 8-K, a copy of which is attached hereto as Exhibit 99.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(a) Financial Statements of Business Acquired.

Not Applicable

(b) Pro Forma Financial Information

Not Applicable

(c) Exhibits.

10.1  Letter of Intent dated January 13, 2007, between Nilam Resources, Inc. and MRC 1 Explorations to acquire the Pativilca Gold Mine.

10.2  Preliminary Summary of Pativilca Gold Mine.

99.1  Press Release dated January 15, 2008.

2

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this current report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 17, 2008	Nilam Resources Inc.
	/s/ Vare Grewal
	Mr. Vare Grewal, Director
	Secretary, Treasurer

3

EX-10.1

Exhibit 10.1

PLEDGE OF CONTRACT FOR TRANSFER OF CONCESSIONS MINES

Hereby the present private document represents the transfer promise of mining concessions between the parties:

·    MRC 1 Exploraciones EIRL , identified with RUC No.20509309559 with address in Casimiro Espejo 150 San Isidro, duly represented by Mr. Elmer Moses Rosales Castillo identified with D NI 19419605 .

·    SMRL Exito XXIII , identified with RUC. 20513347520 with address in Casimiro Espejo 150 San Isidro, duly represented by Mr. Elmer Moses Rosales Castillo identified with D N I. 19419605.

·    SMRL Omay 300 , identified with RUC. 20507805206 with address in Casimiro Espejo 150 San Isidro, duly represented by Mr. Elmer Moses Rosales Castillo identified with D NI 19419605 .

·    SMRL Exito XXII , identified with RUC No.20513346809 with address in Casimiro Espejo 150 San Isidro, duly represented by Mr. Elmer Moses Rosales Castillo identified with D NI 19419605 .

·    All companies listed hereaft er THE PROMITENT TRANSFERENTS

Nilam Resources Inc.  a registered company i n the Nevada state of United States of America residing at # 503-2 Camden Street , Toronto , Ontario , Canada , duly represented by Mr . Varandeep Grewal identified with Driving License of British Columbia Nº   DL 6 159837 onwards THE PROMITENT BUYER on such terms and conditions as follows:

FIRST: OF MINING OF CONCESSIONS

MRC 1 Exploraciones EIRL owns the following mining concessions :

VIA CARIÑO, Code 010082304, 100 has, Department of Ancash, Province of Huarmey .

LAGRIMAS DE ORO, Code 010222704, 200 has, Department of Ancash, Province of Huarmey .

GIANDERI XXX, Code 010277604, 200 has, Department of Ancash, Province of Huarmey .

EXITO XXIII owns mining concessions as follows:

BONANZA DE ORO , Code 010233704, 200 has, Department of Ancash, Province of Huarmey .

SMRL OMAY 300 owns the mining concession :

GIANDERI XXXI, Code 010277504, 400 has, Department of Ancash, Province of Huarmey .

EXITO   XXII owns the mining concession:

GIANDERI XXVII, Code 010272304. 1000 has the Department of Ancash, Province of Huarmey .

SECOND: OF PAYMENTS

Through this contract, THE PROMITENT TRANSFERENTS undertake to transfer mining concessions specified in the prior clause to the subsidiary to be formed by THE PROMITENT BUYER to be called Nilam Resources Peru SAC. The price of the transfer mutually agree d is $ 1500.000.00 (A MILLION FIVE THOUSAND AND 00/100 AMERICAN DOLLARS ) to be paid as follows:

$ 250000 ( TWO HUNDRED FIFTY THOUSAND AND 00/100 AMERICAN DOLLARS )   to the signing of the public deed of mining transfer ence concessions .

$ 500000 ( FIVE HUNDRED THOUSAND AND 00/100 DOLLARS AMERICAN) at four calendar months of the public deed signature of mining transference concessions .

$ 750000 ( SEVEN HUNDRED FIFTY THOUSAND AND 00/100 AMERICAN DOLLARS ) in ten calendar months of the public deed signature of mining transference concessions .

Additionally THE PROMITENT BUYER undertakes to pay   to the signing of the public deed of mining transfer ence concessions to THE PROMITENT TRANSFERENTS   two million shares of Nilam Reso urces Inc.

Finally THE PROMITENT BUYER   will pay THE PROMITENT TRANSFERENTS a royalty (exemption) on net production (NSR) of 3% of net production of mining concessions.

THIRD: THE TERM

The term of this contract is two months counting from the date of signature of this document.

FOURTH: EXPENSES

The legal, notary and registration   costs involving the transfer ence of mining concessions will be the responsibility of THE PROMITENT BUYER.

FIFTH: DISPUTES RESOLUTION

The parties agree that any dispute that arises with respect to the interpretation and validity of this contract shall be subjected to extra judicial conciliation and in the event that becomes an issue to be resolved, the issues in dispute can be brought to arbitration by a single arbitrator. Moreover this contract shall be governed by Peruvian law.

The parties set as address the one in the introduction of this contr act which must be notified.

Done in duplicate of the same tenor and for a single purpose and signed in Lima on the 13th day of January 2008.

/s/ Len DeMelt	/s/ Mosis Rosales
Nilam Resources, Inc.	MRC 1 Explorations

EX-10.2

Exhibit 10.2

BACO (Pativilca) PROYECT

Ancash Department-   PERU

MRC1 Exploraciones E.I.R.L.

The Baco project consists of a gold production operation which has a cyanidation   plant of 5 0 TMD capacity and about 2.100 hectares of m ining properties with the presence of gold veins in the north-central coast of Peru .

Location and Access - The project is located in the last western reinforcement of the west ern of c entral Andes of Peru. About 200 km NNW of Lima . Politically belongs to the district and province of Huarmey , Anchas dep artment .   It is accessible by highway from Lima , according to the following itinerary :

Lima - Pativilca	200 km .	Asphalt Highway
Pativilca - Cruz de Arévalo	33 km .	Asphalt Highway
Cruz de Arévalo - Proyecto	4 km .	Affirmed Highway
Total Lima - Proyect	237 km .	(4 Hours)

Topography and Weather.- The project area is at a n altitude between 300 and 1.000 m .a.s.l. Its relief t is rugged and moderately disected by dry valleys and ravines. It has an arid coast weather, most of the year is dry and presents fog and drizzle during the winter months.

Property Mining.-  C onsists of 6 mining valid concessions that are a total of 2.100 hectares of extension .

RIGHT	CODE	HECTARE	TITULAR
VIA CARIÑO	01-00823-04	100	MRC1 EXPLORACIONES E.I.R.L.
LAGRIMAS DE ORO	01-02227-04	200	MRC1 EXPLORACIONES E.I.R.L.
BONANZA DE ORO	01-02337-04	200	S.M.R.L. ÉXITO XXIII
GIANDERI XXVII	01-02723-04	1000	S.M.R.L. ÉXITO XXII
GIANDERI XXXI	01-02775-04	400	S.M.R.L. OMAY 300
GIANDERI XXX	01-02776-04	200	MRC1 EXPLORACIONES E.I.R.L.
		2100

Lupine Formation (Casma group) :

A ndesitic lavas of marine origin, in pad s , locally porfiritics ; l ying in accordance with the Breas formation, which passes in gradual way. Locally presents silcificated areas and marcasite dissem ination , possibly associated with a metarmosfism contact with intrusive rocks. It is Albiana age east to s uperior.

Tonalita Huaricanga (Santa Rosa Complex) :

Unit intrusive outcrop with varying compositions between a diorite cuarcífera and tonalita basic. Locally enriches in quartz and feldspar granodiorite. It lower tertiary age.

Diorite Paccho (Santa Rosa Complex):

I ntrusive complex unit that stands between metadiorite , diorite quartzly and monzodiorite cuarcifera of fine grain, in which graduatioly contacts are more frequent than clear contacts. It is lower tertiary age.

Barrages Deposits (Quaternary Recent):

They are powerful deposits of conglomerates badly classified, badly stratified and with rollings songs moderately round to angular that are deep in the valleys or depressions of the zone. They form inclined moderately slopes and mainly present fragments of local origin generally.

ECONOMIC GEOLOGY:

The rocks outcrop s in the area have suffered tectonic processes that have led to fractures and folds. The fracturing has been used by fluids from the intrusive to form veins, bodies of divide and dikes.

System Stripes :

The main system of veins is NE-SW direction and 65 º-75 º SE   dip. This system has ties cimoides and generally branches to the west.

The length of the outcroppings varies from a few meters to more than one kilometer, its average power is 0.20 m . to 0.50 m . a nd are stationed in andesites of the Lupin formation .

The second system is N-S direction and is more powerful, between 1.00 and 2.00 meters .

The veins mineralogy is simple stuffed with quartz gold, iron oxides (limonite, jarosite and hematite), calcite, barite and sparks malachite, galena and blenda.

The alteration of the boxes consists of an argiliza tion and weak to moderate   propylene.

Mineralized Areas and Mineralized Corridor :

There were three areas located with the presence of mining work and mining outcrops of gold veins that belong to the two systems, NE-SW and N-S, which form a corridor of about 5 –   6   kilometer lenght . It may be the presence of a stock work at the intersections of the two vein systems , specially in the area 2.

Areas 1 and 2 are located in central and s outh- w est of m ineralized c orridor , are the lower areas and have road access, the veins of these areas are being prepared by the Company. They are located within the concessions BONANZA DE ORO and LAGRIMAS DE ORO .

The zone 3 is located at Nor-East, in the highest part, it worked by informal miners, road access reaches about 200 meters below the proceedings inside the concession VIA CARIÑO.

SAMPLING AND MINES WORK

R epresentative S amples have been taken from the different tasks and worked veins by informal miners, which gave the following results:

TABLE OF GEOCHEMISTRY ANALYSIS OF SGS

Element	Au*	Au-140M	Au+140M	W_Mtra	W-140M	W+140M	Ag	As
Unit	g/TM	g/TM	g/TM	g	g	g	ppm	ppm
Method	FAXONW	FAXONW	FAXONW	FAXONW	FAXONW	FAXONW	ICPREC	ICPREC
Limit Detec.	0,02	0,02	0,02	0	0	0	0,2	3
PT-02	19,38	15,01	109,5	515,1	491,3	23,8	4,8	1102
PT-03	2,49	2,4	3,99	504	474,7	29,3	6,6	200
PT-06	92,12	59,35	877,5	519,3	498,5	20,8	65,4	>10000
PT-07	38,69	28,9	233,8	501,9	477,9	24	20,8	>10000
PT-08	14,11	10,72	82,54	524,2	499,4	24,8	17,8	>10000
PT-09	108	72,71	671,6	500	470,5	29,5	40,3	>10000
PT-10	31,84	23,07	193,9	509,9	483,7	26,2	9	>10000
PT-11	21,09	17,51	81,64	501,2	473,2	28	6,5	8914
PT-12	12,75	11,67	33,18	489	464,5	24,5	9,7	1072
PT-13	7,33	7,32	7,48	504,8	481,8	23	0,7	1964
PT-14	1,42	1,43	1,17	494,5	470,5	24	0,2	3382
PT-15	11	9,84	34,89	500	476,7	23,3	2,6	5094
PT-16	0,09	0,1	-0,02	477,6	453,6	24	0,3	49
PT-17	0,06	0,07	-0,02	465,8	442,3	23,5	0,3	34
PT-30	79,59	71,02	252,1	504,8	480,9	23,9	20,5	859
PT-31	47,24	42,15	147,2	494,5	470,5	24	10	1119
QB-01	0,07	0,08	-0,02	540,5	516,8	23,7	0,2	13
QB-02	0,08	0,06	0,48	503,8	480,8	23	0,2	é12

Also , a sampling on 100 meters of outcrop of the “Cobre” vein in the west zone of the project, gave the following results:

SAMPLE	LAWAugr/TM
MC–01	0.38
MC–02	1.60
MC–03	4.49
MC–04	24.93
MC–05	5.07
MC–06	2.05
MC–08	2.38
MC–09	1.06
MC–10	25.79
MC–11	4.03
MC–12	0.44
MC–13	12.06
MC–14	2.28
MC–15	29.70
MC–16	11.86
MC–17	2.43
MC–18	3.47
MC–19	1.34
MC–20	3.56
MC–21	4.97
MC–22	0.67

EX-99.1

Exhibit 99.1

Nilam Resources Inc. Announces Agreement for 100% Acquisition of Major Gold Producing Mine in Peru

Tuesday January 15, 9:00 am ET

TORONTO, ONTARIO--(MARKET WIRE)--Jan 15, 2008 --

Nilam Resources Inc. (OTC BB:NILR.OB - News)(Frankfurt:3NL.F - News) is pleased to announce that it has entered into a Letter Of Intent with MRC1 Explorations for the Pativilca Gold Mine. The project is a gold producing mine 200km NW of Lima. The property consists of 6 mining concessions covering 2100 hectares.

Pativilca actively refines 50 tons of ore daily, with an average grade of 1/2 ounce of gold per ton. Annual revenues from current gold production are expected to exceed 9 million USD annually. The company will be increasing production to 500 tons daily. The resulting revenues are expected to exceed $90,000,000 USD annually. Reserves have been estimated recently at approximately 5 million ounces of gold.

The mine is located in a highly mineralized zone where other major gold producers such as Barrick are operating. It is very conveniently located in close proximity to water and electricity with easy access to nearby highways.

Pativilca Mine is located south of Barrick's Lagunas Norte mine and Piernia mine, and the inherent trends indicate that the property has very rich mineral reserves.

Peru is the largest producer of gold in Latin America, and ranks fifth in the world in gold and copper production. Peru is also the world's largest producer of silver, and ranks in the top five for zinc, lead, and tin. In the last five years, the value of Peru's mineral production has grown by nearly 25 per cent. In 2005, gold production increased by 20%, and gold exports generated more than $4 billion in revenue in 2006.

In the past couple of years, political developments in Peru have made the country even more attractive to North American companies. With the election of President Alan Garcia, who immediately signed a trade agreement with the United States, Peru has become one of the finest countries in South America for mining operations. In April of 2007, President Garcia, along with the Minister of Mines and its vice-minister, appeared in Piura and publicly stated that the government will promote mining in Northern Peru and intends to help formalize all informal mining.

Terms of the deal are as follows.

Purchase price of $3.5 million USD.

1. $1.5 million USD in cash payable over 1 year.

2. 2 million common shares of Nilam Resources Inc.

3. 3% Net Sale Revenues of all gold sales from mine production. NSR is payable to the seller (MRC1 explorations) for the entire operating life of the mine.

About Nilam Resources Inc.

Nilam Resources Inc. was established to focus on Peru's fast growing precious and base metals reserves, to become one of Peru's largest foreign metal producers. Nilam Resources is a gold production company that is actively seeking more properties for its land portfolio in Peru and other countries in South America. Nilam resource plans on becoming a major production company through acquiring additional producing mines and through a series of joint ventures. The companies long standing relationships within Peru has allowed the company many opportunities to some of the most sought after properties in the country which allows Nilam Resources Inc. first right of refusal on exceptional projects.

Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

Contact:

     Contacts:

     Nilam Resources Inc.

     Corporate Head Quarters

     (416) 823-0915

     Website: http://www.nilamresources.com or http://www.nilamresources.de