Elray Resource, Inc. (the "Company" or "we") was incorporated in Nevada on December 13, 2006. Angkor Wat Minerals Ltd. ("Angkor Wat"), the wholly owned subsidiary of the Company, was incorporated in Cambodia on June 26, 2006. We are an exploration stage company (i.e. a company engaged in the search for mineral deposits (reserves) which are not in either the development or production stage). We are engaged in the acquisition and exploration of mineral properties with a view to exploiting any mineral deposits we discover.