Press Release - 2007  (00490960.DOC;1)




OMB APPROVAL

OMB Number: 3235-0060

Expires: April 30, 2009

Estimated average burden hours per response: 38


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):  March 19, 2007


Little Squaw Gold Mining Company

(Exact Name of Registrant as Specified in its Charter)


Alaska

001-06412

91-0742812

(State or other jurisdiction of incorporation)

(Commission File  Number)

(IRS Employer Identification No.)


3412 S Lincoln Drive, Spokane WA

 

99203-1650

(Address of principal executive offices)

 

(Zip Code)


Registrant's telephone number, including area code: (509) 624-5831


N/A

(Former Name or Former Address if Changed Since Last Report)


Check the appropriate box below if the Form 8K fining is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[  ]

Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)

[  ]

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

[  ]

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

[  ]

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


SEC 873  (5-06)

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.




Item 8.01  Other Events


Little Squaw Gold Mining Company (LITS:OTC.BB) (“Little Squaw” or “the Company”) announces that it has acquired the Pedra de Fogo (“Rock of Fire”) gold exploration property in Goias State, south central Brazil. The property covers about 45 square miles (115 square kilometers) of highly prospective geologic terrain within the Crixas mining district, which has yielded over 3.5 million ounces of gold. The property is located near the town of Reisopolis and road access is excellent to most areas of interest.


The Pedra de Fogo property contains strong and continuous geochemical gold anomalies in stream sediments that the Company has confirmed through extensive due diligence sampling.


The mineral rights are secured by federal mining claim concessions, in which the Company can earn a 100 percent interest, subject to a 3 percent retained royalty.



A copy of the press release is attached hereto as Exhibit 99.1


Item 9.01

Financial Statements and Exhibits.


(d) Exhibits


Exhibit 99.1

March 19, 2007 Press Release








SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

  

Little Squaw Gold Mining Company

(Registrant)



Dated:   March 19, 2007

By:  /s/ Ted R. Sharp

 

Ted R. Sharp

Chief Financial Officer