U.S. SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549



FORM 10-QSB



[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2005

[   ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to

Commission file number: 0-50190

| | New Pacific Ventures, Inc.(Name of small business issuer in its
    charter) | 
| | ---------------------------------------------------------------------------- | 

|Colorado(State or other jurisdiction of incorporation or
      organization)                                           |  | 47-0877018(I.R.S. Employer Identification No.)
|---------------------------------------------------------------------------------------------------------------------- |  | ----------------------------------------------
|                                                                                                                       |  |                                               
|Suite 213-630 Roche Point DriveNorth Vancouver, British Columbia,
      Canada(Address of principal executive offices) |  | V7H 3A1(Zip Code)                             

Issuer's telephone number: (604) 762-5652

Suite 603-1500 Ostler CourtNorth Vancouver, British Columbia, Canada   V7G 2S2Former Address

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past
12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past
90 days.

Yes [X]      No [ ]

State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practical date:

Outstanding at July 31, 2005

9,000,000

$.001 par value common stock



Transitional Small Business Disclosure Format (Check one): Yes
[ ]      No [X]



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NEW PACIFIC VENTURES , INC.



FORM 10-QSB







## TABLE OF CONTENTS





PART I--FINANCIAL INFORMATION



|              |                                                                | Page
|------------- | -------------------------------------------------------------- | ----
|ITEM
      1. | Financial
      Statements                                     | 3   
|ITEM
      2. | Management
      Discussion and Anaylsis or Plan of Operations | 4   
|ITEM
      3. | Controls
      and Procedures                                  | 5   





|PART II--OTHER INFORMATION
|--------------------------
|ITEM
      1.             
|ITEM
      2.             
|ITEM
      3.             
|ITEM
      4.             
|ITEM
      5.             
|ITEM
      6.             

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PART I--FINANCIAL INFORMATION



ITEM 1. Financial Statements



NEW PACIFIC VENTURES, INC.(A Pre-exploration Stage Company)





INTERIM FINANCIAL STATEMENTS

UNAUDITED



July 31, 2005





## INDEX





|                                                                                                                                                                    | Page
|------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----
|                                                                                                                                                                    |     
|Balance
      Sheet as at July 31, 2005 and October 31, 2004                                                                                                        | F-1 
|                                                                                                                                                                    |     
|Statement of Operations for the three and nine-months ended July 31, 2005 and 2004 and for the period May 22, 2001 (Date of Inception) to July 31, 2005             | F-2 
|                                                                                                                                                                    |     
|Statement
      of Changes in Stockholders' Deficiency for the period May 22, 2001 (Date of
      Inception) to July 31, 2005                                       | F-3 
|                                                                                                                                                                    |     
|Statement
      of Cash Flows for the three and nine months ended July 31, 2005 and 2004 and for
      the period May 22, 2001 (Date of Inception) to July 31, 2005 | F-4 
|                                                                                                                                                                    |     
|Notes
      to Interim Financial Statements                                                                                                                         | F-5 

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NEW PACIFIC VENTURES, INC.(A Pre-exploration Stage
Company)BALANCE SHEETAs at July 31, 2005 and October 31,
2004(Unaudited)

|                                                                                                  | July 31,            | October 31,      
|------------------------------------------------------------------------------------------------- | ------------------- | -----------------
|                                                                                                  | 2005                | 2004             
|ASSETS                                                                                           
|Current Assets                                                                                    |                     |                  
|Cash                                                                                              | $3,309              | $4,387           
|LIABILITIES                                                                                      
|Current Liabilities                                                                               |                     |                  
|Accounts payable                                                                                  | $            31,500 | $          22,965
|Due to related party - Note 4                                                                     | 25,000              | 15,000           
|                                                                                                  | 56,500              | 37,965           
|STOCKHOLDERS' DEFICIENCY                                                                         
|Preferred stock                                                                                   |                     |                  
|25,000,000 shares authorized at $0.001 par
      value, none outstanding                          | —                   | —                
|Common stock                                                                                      |                     |                  
|100,000,000 shares authorized, at $0.001 par
      value, 9,000,000 shares issued and outstanding | 9,000               | 9,000            
|Deficit accumulated during the pre-exploration stage                                              | (62,191)            | (42,578)         
|Total stockholders' deficiency                                                                    | (53,191)            | (33,578)         
|                                                                                                  | $3,309              | $4,387           
|                                                                                                  |                     |                  

The accompanying notes are an integral part of these financial
statements.

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NEW PACIFIC VENTURES, INC.(A Pre-exploration Stage
Company)STATEMENT OF OPERATIONSfor the three and nine months ended July 31,
2005 and 2004and for the period May 22, 2001 (Date of Inception) to July 31, 2005(Unaudited)



|                           |                       |                       |                       |                        | May 22, 2001            
|-------------------------- | --------------------- | --------------------- | --------------------- | ---------------------- | ------------------------
|                           |                       |                       |                       |                        | (Date of                
|                           | Three months ended    | Nine months ended     | Inception) to        
|                           | July 31,              | July 31,              | July 31,             
|                           | 2005                  | 2004                  | 2005                  | 2004                   | 2005                    
|                           |                       |                       |                       |                        |                         
|Interest income            | $                  28 | $                   — | $                  56 | $                    — | $                     78
|Expenses                   | 12,112                | 10,366                | 19,669                | 18,066                 | (62,269)                
|Net loss                   | $(12,084)             | $(10,366)             | $(19,613)             | $(18,066)              | $(62,191)               
|Net loss per common share  |                       |                       |                       |                        |                         
|Basic                      | $0.00                 | $0.00                 | $0.00                 | $0.00                  |                         
|Average outstanding shares |                       |                       |                       |                        |                         
|Basic                      | 9,000,000             | 9,000,000             | 9,000,000             | 9,000,000              |                         

The accompanying notes are an integral part of these financial
statements.

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NEW PACIFIC VENTURES, INC.(A Pre-exploration Stage
Company)STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIENCYfor the period May
22, 2001 (Date of Inception) to July 31, 2005(Unaudited)



|                                                                         |              |              | Capital in   |                   
|------------------------------------------------------------------------ | ------------ | ------------ | ------------ | ------------------
|                                                                         | Common Stock | Excess of    | Accumulated 
|                                                                         | Shares       | Amount       | Par value    | Deficit           
|                                                                         |              |              |              |                   
|Balance, May 22, 2001 (Date of Inception)                                | —            | $          — | $          — | $                —
|Issuance of common stock for cash at $0.001                              | 9,000,000    | 9,000        | —            | —                 
|Net operating loss for the period May 22, 2001 to October
      31, 2001 | —            | —            | —            | —                 
|Balance, October 31, 2001                                                | 9,000,000    | 9,000        | —            | —                 
|Net operating loss for the year                                          | —            | —            | —            | (6,300)           
|Balance, October 31, 2002                                                | 9,000,000    | 9,000        | —            | (6,300)           
|Net operating loss for the year                                          | —            | —            | —            | (13,045)          
|Balance, October 31, 2003                                                | 9,000,000    | 9,000        | —            | (19,345)          
|Net operating loss for the year                                          | —            | —            | —            | (23,233)          
|Balance, October 31, 2004                                                | 9,000,000    | 9,000        | —            | (42,578)          
|Net operating loss for the period                                        | —            | —            | —            | (19,613)          
|Balance, April 30, 2005                                                  | 9,000,000    | $9,000       | $—           | $(62,191)         



The accompanying notes are an integral part of these financial
statements.

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NEW PACIFIC VENTURES, INC.(A Pre-exploration Stage
Company)STATEMENT OF CASH FLOWSfor the three and nine months ended July 31,
2005 and 2004and for the period May 22, 2001 (Date of Inception) to July 31, 2005(Unaudited)



|                                                                                             |                    |                    |                 |                 | May 22, 2001       
|-------------------------------------------------------------------------------------------- | ------------------ | ------------------ | --------------- | --------------- | -------------------
|                                                                                             |                    |                    |                 |                 | (Date of           
|                                                                                             | Three months ended | Nine  months ended | Inception) to  
|                                                                                             | July 31,           | July 31,           | July 31,       
|                                                                                             | 2005               | 2004               | 2005            | 2004            | 2005               
|Cash flows from operating activities                                                         |                    |                    |                 |                 |                    
|Net loss                                                                                     | $      (12,084)    | $      (10,366)    | $      (19,613) | $      (18,066) | $          (62,191)
|Adjustment to reconcile net loss
      to      net cash provided by operating
      activity |                    |                    |                 |                 |                    
|Change in accounts
payable                                                                   | 3,500              | 3,609              | 8,535           | 7,984           | 31,500             
|Net cash used in operations                                                                  | (8,584)            | (6,757)            | (11,078)        | (10,082)        | (30,691)           
|Cash flows from financing activities                                                         |                    |                    |                 |                 |                    
|Proceeds from issuance of
      stock                                                        | —                  | —                  | —               | —               | 9,000              
|Due from related party                                                                       | —                  | —                  | 10,000          | 10,000          | 25,000             
|                                                                                            
|Net cash flows provided by financing activities                                              | —                  | —                  | 10,000          | 10,000          | 34,000             
|Net increase (decrease) in cash                                                              | (8,584)            | (6,757)            | (1,078)         | (82)            | 3,309              
|Cash at beginning of period                                                                  | 11,893             | 7,455              | 4,387           | 780             | —                  
|Cash at end of period                                                                        | $3,309             | $698               | $3,309          | $698            | $3,309             
|Supplemental cash flow information:                                                          |                    |                    |                 |                 |                    
|Cash paid for:                                                                               |                    |                    |                 |                 |                    
|Interest                                                                                     | $—                 | $—                 | $—              | $    —      | $—                 
|Income
      taxes                                                                           | $—                 | $—                 | $—              | $—              | $—                 



The accompanying notes are an integral part of these financial
statements.

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NEW PACIFIC VENTURES, INC.(A Pre-exploration Stage
Company)NOTES TO THE INTERIM FINANCIAL STATEMENTSJuly 31,
2005(Unaudited)

|Note 1 | Organization 
      
      The Company was incorporated under the laws of the State
      of Colorado on May 22, 2001 with authorized common stock of 100,000,000
      shares at $0.001 par value and preferred stock of 25,000,000 at $0.001 par
      value.
      The preferred shares may be issued in one or more series
      with terms at the discretion of the Board of Directors. There have been no
      preferred shares issued.
      The Company was organized for the purpose of acquiring
      and exploring mineral properties. At the report date mineral claims, with
      unknown reserves, have been acquired. The Company has not established the
      existence of a commercially minable ore deposit and therefore is
      considered to be in the pre-exploration stage.
      Since inception, the Company has completed a private
      placement offering of 9,000,000 common shares for $9,000.
|------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|Note 2 | Summary Of Significant Accounting Policies
      Accounting Methods
      The Company recognizes income and expenses based on the
      accrual method of accounting.
      Dividend Policy
      The Company has not yet adopted a policy regarding
      payment of dividends,
      Income Taxes
      On July 31, 2005, the Company had a net operating loss
      carry forward of $62,191.  The resulting tax benefit of $18,657 from the
      loss carry forward has been fully offset by a valuation reserve because
      the use of the future tax benefit is doubtful since the Company has no
      operations. The net operating loss will expire in the year 2025.
      Basic and Diluted Net Loss Per Share
      Basic net loss per share amounts are computed based on
      the weighted average number of shares actually outstanding. Diluted net
      loss per share amounts are computed using the weighted average number of
      common shares and common equivalent shares outstanding as if shares had
      been issued on the exercise of the preferred share rights unless the
      exercise becomes antidilutive and then only the basic per share amounts
      are shown.
|------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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NEW PACIFIC VENTURES, INC.(A Pre-exploration Stage
Company)NOTES TO THE INTERIM FINANCIAL STATEMENTSJuly 31,
2005(Unaudited)

|Note 2 | Summary of Significant Accounting Policies-
      (cont'd)
      Capitalization of Mineral Claim Costs
      Cost of acquisition, exploration, carrying and retaining
      unproven properties are expensed as incurred.
      Environmental Requirements
      At the report date, environmental requirements related to
      the mineral claims acquired (Note 3) are unknown and therefore an estimate
      of any future cost cannot be made.
      Financial Instruments
      The carrying amounts of financial instruments, including
      cash and accounts payable and due to related party are considered by
      management to be their estimated fair values due to their short-term maturity. These values are not
      necessarily indicative of the amounts that the Company could realize in a
      current market exchange.
      Estimates and Assumptions
      Management uses estimates and assumptions in preparing
      financial statements in accordance with generally accepted accounting
      principles. Those estimates and assumptions affect the reported amounts of
      the assets and liabilities, the disclosure of contingent assets and
      liabilities, and the reported revenues and expenses. Actual results could
      vary from the estimates that were assumed in preparing these financial
      statements.
      Comprehensive Income
      The Company adopted Statement of Financial Accounting
      Standards No. 130. The adoption of this standard had no impact on the
      total stockholder's equity.
      Recent Accounting Pronouncements
      The Company does not expect that the adoption of other
      recent accounting pronouncements will have a material impact on its
      financial statements.
|------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|Note 3 | Option to Purchase Mineral Claims
      
      Pursuant to an agreement dated September 23, 2002 and
      amended agreement dated May 28, 2004 and May 20, 2005, the Company acquired an option
      to purchase mineral claims known as "Riley Claims" located in the Clinton
      Mining Division, British Columbia.
      
      The claims have not been proven to have a commercially
      minable ore reserve and therefore all costs for exploration and retaining
      the properties have been expensed.
|------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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NEW PACIFIC VENTURES, INC.(A Pre-exploration Stage
Company)NOTES TO THE INTERIM FINANCIAL STATEMENTSJuly 31,
2005(Unaudited)

|Note 3 | Option to Purchase Mineral Claims-(cont'd) 
      
      The terms of the purchase to vest 100% in the claims
      includes total payments of CND$30,000 and completing work commitments
      totalling CDN$29,000 on the claims on the dates in the following outline.
      The property is subject to a royalty of 2% of the net smelter returns with
      a right to acquire the rights to the royalty after start of commercial
      production for $1,000,000.
|------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | Purchase price:                                                                                                                                                                              
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | CDN$5,000 upon execution of the agreement (paid)
      CDN$5,000 by June 6, 2004 (paid)
      CDN$10,000 by June 6, 2006
      CDN$10,000 by June 6, 2007                                    
| | Work commitments:                                                                                                                                                                            
| | CDN$2,500 in work by June 6, 2003 (incurred)
      CDN$4,000 in work by June 30, 2004 (incurred)
      CDN$10,000 in work by June 6, 2005 (incurred)
      CDN$12,500 in work by June 6, 2006



| | Commencing on June 6, 2007 and on the anniversary thereof
each year until the property is placed in commercial production, the Company shall
pay the sum of CDN$10,000 in cash, or the equivalent value in free-trading common
shares of the Company, as an advance against the royalty to be paid on commercial
production occurring.  All advance royalties so paid by the Company shall be recoverable
by the Company, together with interest at a rate equal to prime rate plus 2%, from 90% of
the royalty payable to the optionor on commercial production occurring from the property.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|Note 4 | Related Party Transactions
      Related parties have acquired 33% of the outstanding
      common stock.
      
      Amounts due to related party consist of advances from a
      shareholder of the Company which are unsecured, non-interest bearing and
      without specific terms for repayment.
|------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|Note 5 | Going Concern
      The continuation of the Company as a going concern is dependent
on obtaining additional working capital to service its future obigations and the management
has developed a strategy, which it believes will accomplish this objective through additional
equity funding and long term financing, which will enable the Company to operate for the
coming year.
|------ | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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ITEM 2.  Management's Discussion and Analysis or Plan of Operations.

The following discussion should be read in conjunction with the Financial Statements and
Notes thereto appearing elsewhere in this Form 10-QSB.   As described elsewhere in this Form 10-QSB,
New Pacific is a pre-exploration stage company.   As of the date of this filing, New Pacific is in the business
of acquiring and exploring mineral properties and does not have a source of revenue at this time.



(a) Plan of Operation.



New Pacific's outside auditor has noted that there is substantial doubt about our
ability to continue as a going concern.  In light of New Pacific's lack of revenues, and operating
capital, New Pacific's ability to continue as a going concern is dependent upon future events, such
as the successful development and exploration of the mineral property, reliance on one set of mineral
claims, New Pacific's ability to engage the services of highly qualified consultants who have expertise
in the industry and New Pacific's ability to secure additional sources of financing.



As of the financial period ended July 31, 2005, New Pacific had not generated any
revenues from operations since its inception on May 22, 2001 and has accumulated a deficit of $62,191.



New Pacific anticipates spending approximately $20,000 for exploration activities and
capital expenditures during the next twelve months.  And, during its fiscal year ending October 31, 2005,
and through the third quarter ending July 31, 2006, New Pacific anticipates its corporate expenses to be
approximately $10,000.



The Company does not expect any significant changes in the number of employees
from its third quarter ended July 31, 2005, and the next 12 months.



During the fiscal year ending October 31, 2005, and the third quarter ending July
31, 2006, management of New Pacific plans to satisfy its cash requirements of approximately $30,000
by raising additional capital by way of loans, private placements and/or a public offering, to satisfy
working capital needs in order to proceed with the necessary exploration on the Property.



Additionally, continuation of the Company as a going concern is dependent upon
obtaining additional working capital to service its future obligations and the management of the Company
has developed a strategy, which it believes will accomplish this objective through additional equity funding,
and long term financing, which will enable the Company to operate for the coming year.





ITEM 3.  Controls and Procedures



(a) Evaluation of Disclosure Controls & Procedures.

Based on their evaluation as of the end of the period covered
by this Form 10-QSB, the Company's president, as its principal executive
officer, and secretary/treasurer, as its principal financial officer, have
carried out an evaluation of the effectiveness of the Company's disclosure
controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the
Securities Exchange Act of 1934). Based upon this evaluation, the principal
executive officer and principal financial officer have concluded the Company's
disclosure controls and procedures are effective in timely informing them of
material information relating to the Company required to be disclosed in its
reports under the Securities Exchange Act of 1934.

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(b) Changes in Internal Control over Financial Reporting.



There was no change in the Company's internal control over
financial reporting during the Company's fiscal quarter covered by this Form
10-QSB that has materially affected, or is reasonably likely to materially
affect, the Company's internal control over financial reporting.



PART II -- OTHER INFORMATION





ITEM 1.  Legal Proceedings.



We have no legal proceedings in effect.





ITEM 2.  Unregistered Sales of Equity Securities and
Use of Proceeds.



There have been no changes in securities during this reporting
period.





ITEM 3.  Defaults Upon Senior Securities.

We incurred no defaults upon senior securities during this
reporting period.





ITEM 4.  Submission of Matters to a Vote of Security
Holders.



None



ITEM 5.  Other Information.

In a letter dated, June 20, 2005, (Exhibit "99"), New Pacific
was advised that the Riley 1-6 claims host a deposit which is located within an area which
is surrounded by other companies and because of its location, the Company will have to
option properties from several other tenure holders which would render the project economically
unviable for New Pacific.  It was further recommended that New Pacific not continue the option
agreement and return the property in good standing to the vendor, Cadre Capital Incorporated.



After taking this recommendation into consideration, the Company is currently investigating
its alternatives and may  abandon any further pre-exploration work on the Riley claims or attempt
to sell its interests in the claims.   The Company is seeking other business opportunities to generate
revenues for the Company.





ITEM 6.  Exhibits and Reports on Form 8-K.



(a) Exhibits



Exhibit
No.         Description of
Exhibit



31.1                   Certification
Required Pursuant to Section 302 of the Sarbanes-Oxley Act of 202 for period
ending
                           July 31, 2005

31.2                   Certification
Required Pursuant to Section 302 of the Sarbanes-Oxley Act of 202 for period
ending                           July 31, 2005

32.1                   Certification
Required Pursuant to Section 906 of the Sarbanes-Oxley Act of 202 for period
ending                           July 31, 2005

32.2                   Certification
Required Pursuant to Section 906 of the Sarbanes-Oxley Act of 202 for period
ending
                           July 31, 2005



99                      Andrew Molnar letter dated June 20, 2005



(b) Reports on Form 8-K

There have been no reports filed on Form 8-K for the period.

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SIGNATURES



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



New Pacific Ventures, Inc.(Registrant)





/s/Gerry JardineGerry JardinePresident

Date:  September 12, 2005

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