Bonanza Gold Corp. is an exploration-stage company. The Company is engaged in the exploration and mining of gold and metals. On April 29, 2011, the Company executed a property purchase agreement for the acquisition of certain assets from Independent Resources, Inc. pursuant to which it acquired an undivided interest in six claims representing 1002.16 hectares that has been staked and recorded as MTO Cell Claims (the Assets). The Assets acquired is located east of Harrison Lake and northwest of Hope in southwestern British Columbia. On June 30, 2011, the Company executed a property purchase agreement for the acquisition of certain property from United Copper Holdings Ltd pursuant to which it acquired a 75% interest in 28 lode claims and approximately 560 acres located in Okanogan County, State of Washington. On February 28, 2012, it acquired a 100% interest in one patented mining claim and 26 lode mining claims located in Pinal County, State of Arizona (the Assets).