Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN 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
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1. Name and Address of Reporting Person *
HIRSCH RONALD
2. Issuer Name and Ticker or Trading Symbol
NORD RESOURCES CORP [NRDS.PK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last)
(First)
(Middle)

3028 NORTH SEVEN DASH ROAD
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2005
(Street)


DRAGOON, AZ 85609-0384
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Shares of Common Stock     3(1)         D  
Shares of Common Stock 07/11/2000   P4(2)(3) 625,000 A $ 0.16 1,396,400 D  
Shares of Common Stock 01/06/2004   M4(2)(4) 500,000 A $ 0.02 1,896,400 D  
Shares of Common Stock 06/25/2004   M4(2)(4) 500,000 A $ 0.02 2,396,400 D  
Shares of Common Stock 06/29/2004   M4(2)(4) 250,000 A $ 0.02 2,646,400 D  
Shares of Common Stock 06/21/2005   J4(2)(5) 50,000 A $ (5) 2,696,400 D  
Shares of Common Stock 06/29/2005   J4(2)(5) 50,000 A $ (5) 2,746,400 D  
Shares of Common Stock 07/08/2005   J4(2)(5) 450,000 A $ (5) 3,196,400 D  
Shares of Common Stock 08/01/2005   J4(2)(5) 200,000 A $ (5) 3,396,400 D  
Shares of Common Stock 09/22/2005   J4(2)(5) 100,000 A $ (5) 3,496,400 D  
Shares of Common Stock 10/05/2005   J4(2)(5) 30,000 A $ (5) 3,526,400 D  
Shares of Common Stock 10/11/2005   J4(2)(5) 20,000 A $ (5) 3,546,400 D  
Shares of Common Stock 10/20/2005   J4(2)(5) 230,000 A $ (5) 3,776,400 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. 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 number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Share purchase warrants $ 0.18 11/07/2000   P4 (2)(3) 625,000   11/07/2000 06/30/2003 Common shares
625,000
$ 0 0
D
 
Incentive stock options $ 0.02 01/02/2004   A4 (2)(4) 3,000,000   10/20/2003 10/20/2008 Common shares
3,000,000
$ 0 3,000,000
D
 
Incentive stock options $ 0.02 01/05/2004   X4 (2)(4)   500,000 10/20/2003 10/20/2008 Common shares
500,000
$ 0.02 2,500,000
D
 
Incentive stock options $ 0.02 06/25/2004   X4 (2)(4)   500,000 10/20/2003 10/20/2008 Common shares
500,000
$ 0.02 2,000,000
D
 
Incentive stock options $ 0.02 06/29/2004   X4 (2)(4)   250,000 10/20/2003 10/20/2008 Common shares
250,000
$ 0.02 1,750,000
D
 
Incentive stock options $ 0.02 06/29/2004   X4 (1)(4)   1,750,000 10/20/2003 10/20/2008 Common shares
1,750,000 (7)
$ 0.02 0
D
 
Convertible Promissory Note (6) $ 0.2 10/04/2004   J4 (2)(6) 530,000 (6)   05/08/2006(6) 05/08/2006(6) Common shares
530,000
$ 106,000 530,000
D
 
Convertible Promissory Note (7) $ 0.175 06/29/2004   J4 (2)(7) 200,000 (7)   05/08/2006(7) 05/08/2006(7) Common shares
200,000
$ 35,000 730,000
D
 
Incentive stock options $ 0.02 04/04/2005   A4 (4)(7) 1,750,000   10/20/2003 10/20/2008 Common shares
1,750,000
$ 0 2,480,000
D
 
Share purchase warrants $ 0.4 06/21/2005   J4 (2)(5) 50,000   06/21/2005 06/21/2008 Common shares
50,000
$ 0 2,530,000
D
 
Share purchase warrants $ 0.4 06/29/2005   J4 (2)(5) 50,000   06/29/2005 06/29/2008 Common shares
50,000
$ 0 2,580,000
D
 
Share purchase warrants $ 0.4 07/08/2005   J4 (2)(5) 450,000   07/08/2005 07/08/2008 Common shares
450,000
$ 0 3,030,000
D
 
Share purchase warrants $ 0.4 08/01/2005   J4 (2)(5) 200,000   08/01/2005 08/01/2008 Common shares
200,000
$ 0 3,230,000
D
 
Share purchase warrants $ 0.4 09/22/2005   J4 (2)(5) 100,000   09/22/2005 09/22/2008 Common shares
100,000
$ 0 3,330,000
D
 
Share purchase warrants $ 0.4 10/05/2005   J4 (2)(5) 30,000   10/05/2005 10/05/2008 Common shares
30,000
$ 0 3,360,000
D
 
Share purchase warrants $ 0.4 10/11/2005   J4 (2)(5) 20,000   10/11/2005 10/11/2008 Common shares
20,000
$ 0 3,380,000
D
 
Share purchase warrants $ 0.4 10/20/2005   J4 (2)(5) 230,000   10/20/2005 10/20/2008 Common shares
230,000
$ 0 3,610,000
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HIRSCH RONALD
3028 NORTH SEVEN DASH ROAD
DRAGOON, AZ 85609-0384
  X   X   Chairman and CEO  

Signatures

Ronald Allen Hirsch 02/02/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) The reporting Person had acquired these shares over time. On September 7, 2000, the Reporting Person was appointed as a director of the Issuer. The reporting of these transactions on Form 3 was not "timely filed" due to an administrative oversight.
(2) The reporting of these transactions on Form 4 were not "timely filed" due to an administrative oversight.
(3) In November 2004 the Reporting Issuer participated in a private placement of units of the Issuer's securities, acquiring 625,000 units at a price of $0.16 per unit. Each unit consisted of one common share and one share purchase warrant exercisable at a price of $0.18 until June 30, 2003 to acquire an additional common share of the Issuer. The warrants expired unexercised.
(4) On January 2, 2004 the Reporting Person entered an executive employment agreement with the Issuer to serve as CEO of the Issuer. The term of the agreement is for three years and in connection with the agreement, the Reporting Person was granted 3,000,000 incentive stock options exercisable at $0.02, which was the market price at the date of the grant. These options were issued to the Reporting Person under the executive employment agreement and are not issued under any option plan of the Issuer. 1,250,000 options were exercised by the Reporting Person to acquire 1,250,000 common shares of the Issuer in three exercises in January and June of 2004. Also in June of 2004, the Reporting Person exercised 1,750,000 options, which exercise was subsequently rescinded in June of 2005. See note 7 for details of the rescission.
(5) On June 21, 2005 the Reporting Issuer entered into a revolving line of credit agreement with the Reporting Person and another director of the Issuer. The line of credit bears interest at 6% and has a maturity of the earlier of May 8, 2006 and one week after the closing of an equity offering in which the Issuer raises in excess of $25,000,000. In consideration of the Reporting Person and the other lender making the credit facility available to the Issuer, the Issuer agreed to issue to the Reporting Person four common shares and four share purchase warrants for every dollar advanced by the Reporting Person under the credit facility. The Issuer has issued 1,130,000 common shares and 1,130,000 share purchase warrants in eight tranches with the expiry dates as set out in this Form 5 to the Reporting Person under the revolving line of credit agreement.
(6) In October 2004, the Reporting Person made a loan of $106,000 to the Issuer. The loan was evidenced by a convertible promissory note dated October 4, 2004 and bearing interest at 10% per annum and maturing on the earlier of May 8, 2006 and one week after the closing of an equity offering in which the Issuer raises in excess of $25,000,000. The note is convertible into common stock at a conversion price of $0.20 per share. The figure reported in column 5 reflects the number of common shares into which the principal is convertible, but does not included the number of shares for accrued interest, as that figure is not currently known.
(7) On June 29, 2004, the Reporting Person exercised 1,750,000 options, which was the balance of the grant of 3,000,000 options made by the Issuer on October 20, 2003 in connection with the Reporting Person's employment by the Issuer as chief executive officer. In April of 2005, the Issuer and the Reporting Person agreed to rescind this exercise and to reinstate the original 1,750,000 options to the Reporting Person at the exercise price and with the expiry date of the options under the original grant. In lieu of repayment to the Reporting Person of the $35,000 exercise price paid for the option shares, the Reporting Person was issued a convertible promissory note for $35,000, dated as of the date of the rescinded option exercise. The note bears interest at 10% and matures on the earlier of May 8, 2006 and one week after the closing of an equity offering in which the Issuer raises in excess of $25,000,000. The note is convertible into common stock at a conversion price of $0.175 per share.

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