FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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 *

Far East Golden Resources Investment Ltd

2. Date of Event Requiring Statement (MM/DD/YYYY)
10/19/2010 

3. Issuer Name and Ticker or Trading Symbol

Nevada Gold Holdings, Inc. [NGHI]

(Last)        (First)        (Middle)

SUITE 1408, 14F, GREAT EAGLE CENTRE,, 23 HARBOUR ROAD

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

WANCHAI, K3        

(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   (1) 30000000   D   (1) (2)  

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
Warrants   (1) 10/29/2010   10/28/2015   Common Stock   30000000   $0.10   D   (1) (2)  

Explanation of Responses:
( 1)  The reported shares and warrants are issued as Units. Each Unit consists of (i) one share of the Issuer's Common Stock and (ii) a warrant representing the right to purchase one share of such Common Stock, exercisable for a period of five years, at an initial exercise price of $0.10 per share.
( 2)  Far East Golden Resources Investment Limited is a wholly-owned subsidiary of Hybrid Kinetic Group Limited. Sun East LLC owns 30.29% of the issued share capital of Hybrid Kinetic Group Limited. Sun East LLC is owned (i) 35% by Yung Yeung, Chairman of Hybrid Kinetic Group Limited, and (ii) 65% by Manwai Ma and Jimmy Wang as co-trustees for certain trusts established for the benefit of the children of Yung Yeung. Hybrid Kinetic Group Limited and Sun East LLC may be deemed to be beneficial owners of the reported securities for the purposes of Section 16 or for any other purpose; however, such entities disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Far East Golden Resources Investment Ltd
SUITE 1408, 14F, GREAT EAGLE CENTRE,
23 HARBOUR ROAD
WANCHAI, K3 

X


Signatures
/s/ Chunhua Huang, Vice Chairman of the Board of Far East Golden Resources Investment Ltd. 11/10/2010
** 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.
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