FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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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(Print or Type Responses)

1. Name and Address of Reporting Person * Fagen Patrick   2. Issuer Name and Ticker or Trading Symbol DEL TORO SILVER CORP. [DTOR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) 103-318 NORTH CARSON STREET 3. Date of Earliest Transaction (Month/Day/Year) 08/25/2011 (Street) CARSON CITY, NV 89703 4. If Amendment, Date 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 (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 Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Shares               78,000 D   Common Shares (1) 08/25/2011   P   15,000 A $ 0.05 93,000 I Grant Fagen Custodial Account Common Shares (1) 08/29/2011   P   50,000 A $ 0.045 143,000 I Grant Fagen Custodial Account Common Shares (1) 09/19/2011   P   9,700 A $ 0.045 152,700 I Grant Fagen Custodial Account Common Shares (1) 09/26/2011   P   90,300 A $ 0.045 243,000 I Grant Fagen Custodial Account Common Shares (2) 09/07/2011   P   50,000 A $ 0.05 293,000 I Patrick Fagen IRA Account Common Shares (2) 09/26/2011   P   100,000 A $ 0.04 393,000 I Patrick Fagen IRA Account Common Shares (3) 09/29/2011   P   716,298 A $ 0.04 1,109,298 D   Common Shares (4) 09/29/2011   C   237,500 A $ 0.04 1,346,798 D

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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 Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Convertible Note (4)

$ 0.04

09/29/2011

C

237,500

09/29/2011

(4)

Common Shares

237,500

(4)

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Fagen Patrick 103-318 NORTH CARSON STREET CARSON CITY, NV 89703	X		Chief Financial Officer

Signatures

Patrick Fagen		10/03/2011
**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)	These shares are held indirectly by Patrick Fagen through his Grant Fagen Custodial Account.
(2)	These shares are held indirectly by Patrick Fagen through his IRA account.
(3)	On September 29, 2011, Patrick Fagen purchase 716,298 common shares through the Issuer's private placement at an issuance price of $0.04 per share.
(4)	On September 29, 2011, the Issuer and Patrick Fagen entered into a debt settlement and subscription agreement wherein Mr. Fagen agreed to subscribe for 237,500 shares of common stock of the Issuer at a purchase price of $0.04 per share, or $9,500, exercisable on demand. In lieu of a cash payment to the Issuer, the shares of common stock were issued to Mr. Fagen as payment of an outstanding debt owed to Mr. Fagen in the amount of $9,500, as full payment of the debt owed.

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