UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Expires: February 28, 2011 Estimated average burden hours per response 0.5

1. Name and Address of Reporting Person* Northern Capital Resources Corp (Last) (First) (Middle) LEVEL 8, 580 ST KILDA ROAD (Street) MELBOURNE, VICTORIA, AUSTRALIA 3004 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/08/2009	3. Issuer Name and Ticker or Trading Symbol GOLDEN RIVER RESOURCES CORP. [GORV]
4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Common Stock, par value $0.0001	110,274,559	D

Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)4. Conversion or Excercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date ExercisableExpiration DateTitleAmount or Number of Shares

Stock Options	05/23/2006	04/30/2011	Common Stock	20,000,000	$ 0.1542	D

Explanation of Responses:

	/s/ Joseph I Gutnick	07/08/2009
	** Signature of Reporting Person	Date

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Expires: February 28, 2011 Estimated average burden hours per response 0.5

1. Name and Address of Reporting Person* Northern Capital Resources Corp (Last) (First) (Middle) LEVEL 8, 580 ST KILDA ROAD (Street) MELBOURNE, VICTORIA, AUSTRALIA 3004 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/08/2009	3. Issuer Name and Ticker or Trading Symbol GOLDEN RIVER RESOURCES CORP. [GORV]
4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Common Stock, par value $0.0001	110,274,559	D

Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)4. Conversion or Excercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date ExercisableExpiration DateTitleAmount or Number of Shares

Stock Options	05/23/2006	04/30/2011	Common Stock	20,000,000	$ 0.1542	D

Explanation of Responses:

	/s/ Joseph I Gutnick	07/08/2009
	** Signature of Reporting Person	Date

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549	OMB APPROVAL OMB Number: 3235-0104 Expires: February 28, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * Northern Capital Resources Corp	2. Date of Event Requiring Statement (MM/DD/YYYY) 7/8/2009	3. Issuer Name and Ticker or Trading Symbol GOLDEN RIVER RESOURCES CORP. [GORV]
(Last) (First) (Middle) LEVEL 8, 580 ST KILDA ROAD	4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director ___ X ___ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Street) MELBOURNE, VICTORIA, AUSTRALIA 3004 (City) (State) (Zip)	5. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.0001	110274559	D

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)	3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	5/23/2006	4/30/2011	Common Stock	20000000	$0.1542	D

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address	Relationships
Director	10% Owner	Officer	Other
Northern Capital Resources Corp LEVEL 8, 580 ST KILDA ROAD MELBOURNE, VICTORIA, AUSTRALIA 3004		X

Signatures
/s/ Joseph I Gutnick		7/8/2009
** Signature of Reporting Person	Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control