UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB


(X)  QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934

                For the quarterly period ended December 31, 2005

(    ) TRANSITION  REPORT UNDER SECTION 13 OR 15(d) OF THE  SECURITIES  EXCHANGE
       ACT

                For the transition period from to
                                                 ----------- -------------

                        COMMISSION FILE NUMBER 000-50541

                           DRAGON GOLD RESOURCES, INC.
                 (Name of small business issuer in its charter)

      NEVADA                                                  88-0507007
-------------------                                     -----------------------
(State of incorporation or organization)                (IRS Identification No.)

                                 338 Euston Road
                                 London NW1 3BT
                                       UK
                    (Address of principal executive offices)

                              +44 (0) 207 416 4920
                           (Issuer's telephone number)

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

54,221,724 shares of issuer's common stock, $.001 par value, were outstanding as
of January 31, 2006. The Company has no other class of common equity.

       Transitional Small Business Disclosure Format (Check One) Yes   No X
                                                                   ---   ---



<PAGE>


Dragon Gold Resources, Inc.
(Formerly Folix Technologies, Inc.)
(An Exploration Stage Company)
(Unaudited)

                          PART I. FINANCIAL INFORMATION
<TABLE>


                                                                                     Index
<S>                                                                                 <C>
Item 1 Financial Statement
     Consolidated Balance Sheet as of December 31, 2005 [Unaudited]
     and March 31, 2005 [audited]
                                                                                       3

     Consolidated Statement of Operations for the three months and nine months
     ended December 31, 2005 and 2004
     And from inception (June 13, 2000) to December 31, 2005                           4

     Unaudited Consolidated Statement of Cash Flows for the nine months ended
     December 31, 2005 And December 31, 2004                                           5

     Notes to the Consolidated Financial Statements                                    6

Item 2.  Management's Discussion and Analysis or Plan of Operation                    11

Item 3.  Controls and Procedures                                                      16

                        PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings                                                            16

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds                  16

Item 3.  Defaults upon Senior Securities                                              16

Item 4.  Submission of Matters to a Vote of Security Holders                          16

Item 5.  Other Information                                                            16

Item 6.  Exhibits                                                                     16

     Signatures                                                                       16

     Certifications                                                               17 &18

</TABLE>

                                       2

<PAGE>



                           PART I FINANCIAL STATEMENTS

Item 1.  Financial Statements



                          Dragon Gold Resources, Inc.
                         (An Exploration Stage Company)
                                 Balance Sheets
                          (expressed in U.S. dollars)

<TABLE>


                                                                              December 31,    March 31,
                                                                                  2005         2005
                                                                                   $             $
<S>                                                                            <C>            <C>


(Unaudited) (Audited)
Assets

Current Assets

Cash                                                                            12,684       11,280
Accounts receivable                                                              2,581            -
Prepaid expenses and deposits                                                    4,112        7,806
-----------------------------------------------------------------------------------------------------

Total Current Assets                                                            19,377       19,086

Intangible Assets (Note 4)                                                      10,001       12,813
Property and Equipment (Note 5)                                                  3,645        4,536
-----------------------------------------------------------------------------------------------------

Total Assets                                                                    33,023       36,435
-----------------------------------------------------------------------------------------------------


Liabilities and Stockholders' Equity

Current Liabilities

Accounts payable                                                                19,827       17,484
Accrued liabilities                                                              5,000       16,899
Due to related parties (Note 6(a))                                               5,830        1,153
-----------------------------------------------------------------------------------------------------

Total Current Liabilities                                                       30,657       35,536
-----------------------------------------------------------------------------------------------------

Commitments (Note 1 and 10)

Stockholders' Equity

Common Stock,
500,000,000 common shares authorized with a par value of $0.001,
54,221,724 and 51,321,724 common shares issued and outstanding, respectively    54,222       51,322

Additional Paid In Capital                                                   1,280,362      643,262

Stock Subscription Receivable                                                        -     (100,000)

Deferred Compensation                                                           (3,125)     (17,188)

Deficit Accumulated During the Exploration Stage                            (1,329,093)    (576,497)
-----------------------------------------------------------------------------------------------------

Total Stockholders' Equity                                                       2,366          899
-----------------------------------------------------------------------------------------------------

Total Liabilities and Stockholders' Equity                                      33,023       36,435
-----------------------------------------------------------------------------------------------------
</TABLE>

                                      F-1

<PAGE>



                          Dragon Gold Resources, Inc.
                         (An Exploration Stage Company)
                            Statements of Operations
                          (expressed in U.S. dollars)
                                  (Unaudited)
<TABLE>

                                                                                                        Accumulated From
                                                                                                       December 13, 2000
                                              Three Months Ended             Nine Months Ended        (Date of Inception)
                                                 December 31,                  December 31,             to December 31,
                                             2005             2004          2005           2004               2005
                                              $                $             $              $                  $
<S>                                         <C>              <C>            <C>            <C>                <C>



Revenue                                          -            -              -               -                 -
----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------


Expenses

Accounting and audit                         5,500        8,000         15,795          14,650            55,115
Depreciation and amortization                1,430        1,286          4,291           1,598             7,270
Consulting (Note 6(b))                      35,527       53,614        512,038          95,414           649,654
Foreign exchange                               351          330          2,344           1,060             4,517
General and administrative                   3,689          385         22,474          12,803            45,962
Legal and organizational                       810        7,767         14,842          41,419            68,279
Mineral property costs                         284            -         79,354         184,579           280,157
Rent                                         4,717       13,021         23,277          19,141            52,121
Travel and promotion                             -       21,347         78,181          28,489           167,018
----------------------------------------------------------------------------------------------------------------------

Total Expenses                              52,308      105,750        752,596         399,153         1,330,093

Gain on sale of assets                           -            -              -          (1,000)           (1,000)
----------------------------------------------------------------------------------------------------------------------

Net Loss for the Period                    (52,308)    (105,750)      (752,596)       (398,153)       (1,329,093)
----------------------------------------------------------------------------------------------------------------------


Net Loss Per Share - Basic and Diluted           -            -             (0.01)       (0.01)
----------------------------------------------------------------------------------------------------------------------


Weighted Average Shares Outstanding     54,220,000   50,897,000     53,310,000      50,630,000
----------------------------------------------------------------------------------------------------------------------
</TABLE>


                                      F-2

<PAGE>




                          Dragon Gold Resources, Inc.
                         (An Exploration Stage Company)
                            Statements of Cash Flows
                          (expressed in U.S. dollars)
                                  (Unaudited)
<TABLE>


                                                                                Nine Months          Nine Months
                                                                                   Ended                Ended
                                                                                December 31,         December 31,
                                                                                    2005                 2004
                                                                                     $                    $
<S>                                                                                <C>                  <C>


Operating Activities

Net loss for the period                                                              (752,596)           (398,153)

Adjustments to reconcile net loss to net cash used in operating activities:

   Depreciation and amortization                                                        4,291               1,598
   Deferred compensation                                                               14,063                   -
   Shares issued for services                                                         340,000                   -
   Mineral property costs                                                                   -             165,000

Change in operating assets and liabilities:
Increase in accounts receivable                                                        (2,581)                  -
Decrease (increase) in prepaid expenses                                                 3,694              (4,240)
Decrease in accounts payable and accrued liabilities                                   (9,556)             (2,028)
Increase (decrease) in amounts due to related parties                                   4,676              (4,575)
-----------------------------------------------------------------------------------------------------------------------
-
Net Cash Used in Operating Activities                                                (398,009)           (242,398)
-----------------------------------------------------------------------------------------------------------------------

Investing Activities

Purchase of intangible assets                                                               -             (15,000)
Purchase of property and equipment                                                       (587)             (5,328)
-----------------------------------------------------------------------------------------------------------------------

Net Cash Used in Investing Activities                                                    (587)            (20,328)
-----------------------------------------------------------------------------------------------------------------------

Financing Activities

Payment received on stock subscription receivable                                     100,000                   -
Proceeds from issuance of common stock                                                300,000             200,000
-----------------------------------------------------------------------------------------------------------------------

Net Cash Provided by Financing Activities                                             400,000             200,000
-----------------------------------------------------------------------------------------------------------------------

Increase (decrease) in cash                                                             1,404             (62,726)

Cash - beginning of period                                                             11,280             101,029
-----------------------------------------------------------------------------------------------------------------------

Cash - end of period                                                                   12,684              38,303
-----------------------------------------------------------------------------------------------------------------------


Non-Cash Financing Activities

   Issuance of common stock for acquisition of subsidiary                                   -             165,000
   Cancellation of common stock                                                             -             (16,400)

Supplemental Disclosures

Interest paid                                                                               -                   -
Income tax paid                                                                             -                   -

</TABLE>

                                      F-3
<PAGE>



                           Dragon Gold Resources, Inc.
                         (An Exploration Stage Company)


1.       Exploration Stage Company

     Dragon Gold Resources, Inc. (the "Company") was incorporated in the State
     of Nevada, U.S.A. on December 13, 2000 under the name "Folix Technologies,
     Inc." Effective June 14, 2004, the Company changed its name to Dragon Gold
     Resources, Inc. The Company's principal business was the development of a
     Linux based application server and thin client computing systems. During
     the year ended March 31, 2005, the Company entered the mineral resource
     exploration business through the acquisition of a 100% interest in Dragon
     Minerals Holdings Inc. ("DMHI"), a private British Virgin Island company.
     DMHI is involved in the mineral property acquisition and exploration in
     China.

     The Company was previously in the development stage as defined by Statement
     of Financial Accounting Standard ("SFAS") No.7 "Accounting and Reporting by
     Development Stage Enterprises" related to its Linux based business. The
     Company changed to the exploration stage during the year ended March 31,
     2005 with the acquisition of its interest in DMHI. The Company has not
     presently determined whether its properties contain mineral reserves that
     are economically recoverable. These financial statements have been prepared
     on a going concern basis, which implies the Company will continue to
     realize its assets and discharge its liabilities in the normal course of
     business. The Company has never generated revenues since inception and is
     unlikely to generate earnings in the immediate or foreseeable future. The
     continuation of the Company as a going concern is dependent upon the
     continued financial support from its shareholders, the ability of the
     Company to obtain necessary equity financing to continue operations and to
     determine the existence, discovery and successful exploitation of
     economically recoverable reserves in its resource properties, confirmation
     of the Company's interests in the underlying properties, and the attainment
     of profitable operations. As of December 31, 2005, the Company has
     accumulated losses of $1,329,093 since inception. These financial
     statements do not include any adjustments to the recoverability and
     classification of recorded asset amounts and classification of liabilities
     that might be necessary should the Company be unable to continue as a going
     concern. These factors raise substantial doubt regarding the Company's
     ability to continue as a going concern.


2.   Basis of Presentation

     The accompanying unaudited condensed consolidated financial statements have
     been prepared in accordance with the generally accepted accounting
     principles for interim financial information and with the instructions to
     Form 10 QSB and Article 10 of the Regulation S-X. Accordingly, they do not
     include all of the information and footnotes required by generally accepted
     accounting principles for complete financial statements. In the opinion of
     management, all adjustments (consisting of normal recurring accruals)
     considered necessary for a fair presentation have been included. Operating
     results for the nine month period ended December 31, 2005 are not
     necessarily indicative of the results that may be expected for the year
     ended March 31, 2006.

     The balance sheet at March 31, 2005 has been derived from the audited
     financial statements at that date but does not include all of the
     information and footnotes required by generally accepted accounting
     principles for complete financial statements.

     For further information, refer to the consolidated financials statements
     and footnotes thereto included in the Registrant Company and Subsidiaries'
     annual report on Form 10-KSB for the year ended March 31, 2005.

                                       F-4

<PAGE>


                           Dragon Gold Resources, Inc.
                         (An Exploration Stage Company)


3.   Recent Accounting Pronouncements

     In May 2005, the Financial Accounting Standards Board (FASB) issued SFAS
     No. 154, "Accounting Changes and Error Corrections - A Replacement of APB
     Opinion No. 20 and SFAS No. 3". SFAS 154 changes the requirements for the
     accounting and reporting of a change in accounting principle and applies to
     all voluntary changes in accounting principle. It also applies to changes
     required by an accounting pronouncement in the unusual instance that the
     pronouncement does not include specific transition provisions. SFAS 154
     requires retrospective application to prior periods' financial statements
     of changes in accounting principle, unless it is impracticable to determine
     either the period-specific effects or the cumulative effect of the change.
     The provisions of SFAS No. 154 are effective for accounting changes and
     correction of errors made in fiscal years beginning after December 15,
     2005. The adoption of this standard is not expected to have a material
     effect on the Company's results of operations or financial position.

     In December 2004, the FASB issued SFAS No. 153, "Exchanges of Nonmonetary
     Assets - An Amendment of APB Opinion No. 29". The guidance in APB Opinion
     No. 29, "Accounting for Nonmonetary Transactions", is based on the
     principle that exchanges of nonmonetary assets should be measured based on
     the fair value of the assets exchanged. The guidance in that Opinion,
     however, included certain exceptions to that principle. SFAS No. 153 amends
     Opinion No. 29 to eliminate the exception for nonmonetary exchanges of
     similar productive assets and replaces it with a general exception for
     exchanges of nonmonetary assets that do not have commercial substance. A
     nonmonetary exchange has commercial substance if the future cash flows of
     the entity are expected to change significantly as a result of the
     exchange. The provisions of SFAS No. 153 are effective for nonmonetary
     asset exchanges occurring in fiscal periods beginning after June 15, 2005.
     Early application is permitted and companies must apply the standard
     prospectively. The adoption of this standard did not have a material effect
     on the Company's results of operations or financial position.

     In December 2004, the FASB issued Statement of Financial Accounting
     Standard (SFAS) No. 123R, "Share Based Payment". SFAS 123R is a revision of
     SFAS No. 123 "Accounting for Stock-Based Compensation", and supersedes APB
     Opinion No. 25, "Accounting for Stock Issued to Employees" and its related
     implementation guidance. SFAS 123R establishes standards for the accounting
     for transactions in which an entity exchanges its equity instruments for
     goods or services. It also addresses transactions in which an entity incurs
     liabilities in exchange for goods or services that are based on the fair
     value of the entity's equity instruments or that may be settled by the
     issuance of those equity instruments. SFAS 123R focuses primarily on
     accounting for transactions in which an entity obtains employee services in
     share-based payment transactions. SFAS 123R requires a public entity to
     measure the cost of employee services received in exchange for an award of
     equity instruments based on the grant-date fair value of the award (with
     limited exceptions). That cost will be recognized over the period during
     which an employee is required to provide service in exchange for the award
     - the requisite service period (usually the vesting period). SFAS 123R
     requires that the compensation cost relating to share-based payment
     transactions be recognized in financial statements. That cost will be
     measured based on the fair value of the equity or liability instruments
     issued. Public entities that file as small business issuers will be
     required to apply SFAS 123R in the first interim or annual reporting period
     that begins after December 15, 2005. The adoption of this standard is not
     expected to have a material effect on the Company's results of operations
     or financial position.

     In March 2005, the SEC staff issued Staff Accounting Bulletin No. 107 ("SAB
     107") to give guidance on the implementation of SFAS 123R. The Company will
     consider SAB 107 during implementation of SFAS 123R.



4.   Intangible Assets
                                                     December 31,     March 31,
                                                         2005           2005
                                       Accumulated   Net Carrying   Net Carrying
                            Cost      Amortization      Value           Value
                              $             $             $               $

Website development costs   15,000        4,999         10,001         12,813
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------


                             F-5

<PAGE>


                           Dragon Gold Resources, Inc.
                         (An Exploration Stage Company)


5.   Property and Equipment
                                                   December 31,    March 31,
                                                      2005          2005
                                    Accumulated   Net Carrying  Net Carrying
                         Cost      Amortization      Value          Value
                           $             $             $              $

   Computer equipment     5,916        2,271          3,645         4,536
   -----------------------------------------------------------------------------
   -----------------------------------------------------------------------------

6.       Related Party Transactions
(a)      The amount due to related parties at December 31, 2005 of $5,830
         represents expenses of $159 paid on behalf of the Company by a former
         Director and $10,000 in consulting fees due to directors, offset by
         $4,329 advanced to current directors. These amounts are non-interest
         bearing, unsecured and have no specific terms of repayment.
(b)      During the nine month period ended December 31, 2005, the Company
         incurred $70,000 for consulting services performed by a director of the
         Company, $33,860 for consulting services provided by a company owned by
         a significant shareholder of the Company and $387,500 for consulting
         services provided by the Chairman of the Board of Directors of the
         Company, which includes $47,500 as part of an employment agreement and
         a one time bonus of 1,000,000 shares of restricted common stock with a
         fair value of $340,000.

7.       Mineral Properties
(a)      On September 21, 2005, the Company entered into a cooperative agreement
         with Yinchuan Gaoxin District Shijin Mining Ltd. ("Yinchuan Mining") to
         form a Sino-Foreign cooperative joint venture company ("JV Company")
         for the exploration and development of the Xijishui Gold Property and
         its surrounding area located in Jingyuan County, Gansu Province, China.
         Pursuant to the agreement, the Company must pay $150,000 to Yinchuan
         Mining over a period of 12 months after Yinchuan Mining transfers its
         mineral exploration rights to the JV Company. The Company will have the
         right to earn an 80% interest in the JV Company by spending $1,200,000
         for exploration activities over a two year period. The term of the
         cooperation agreement is 30 years.
(b)      On September 10, 2005, the Company entered into a cooperative agreement
         with the Guilin Research Institute of Geology and Mineral Resources
         ("Institute") to form a Sino-Foreign cooperative joint venture company
         ("JVC") for the exploration and development of the Maling and Longhou
         Gold Properties located in Guangxi Province, China. Pursuant to the
         agreement, the Company must pay $800,000 to the Institute in stages
         over a period of 30 months after the Institute transfers its mineral
         exploration rights to the JVC. The Company will have the right to earn
         a 75% interest in the JVC by spending $2,500,000 for exploration
         activities over a three year period. The term of the cooperation
         agreement is 30 years.
(c)      On June 2, 2005, the Company entered into an Exploration License
         Transfer Agreement to acquire a 100% interest in two mining claims
         located in Mongolia. The Company is required to pay $9,500 on execution
         of the agreement, and an additional $9,500 upon the transfer of the
         exploration licenses.
(d)      On March 15, 2005, the Company entered into a Letter of Intent with the
         Hanzhong Geological Brigade of the Bureau of Geology & Mineral
         Exploration of Shaanxi Province, China ("Brigade") to form Sino-Foreign
         cooperative joint venture companies for the exploration and development
         of up to seven properties located in Hanzhong, Shaanxi Province.
         Pursuant to the Letter of Intent, the Company would contribute cash to
         the joint ventures and Brigade would contribute the Exploration Permit
         and their previous exploratory findings.

                                       F-6
<PAGE>



                           Dragon Gold Resources, Inc.
                         (An Exploration Stage Company)


7.        Mineral Properties (continued)

(e)       On March 1, 2004, DMI entered into a Letter of Intent with the
          Northwest Geology and Exploration Bureau for Nonferrous Metals Party
          ("Party") in China to form a Sino-Foreign cooperative joint venture
          company for the exploration and development of a property located in
          Southern Shaanxi Province. Pursuant to the Letter of Intent, the
          Company would contribute cash to the joint venture and Party would
          contribute the Permit and their previous exploratory findings.

(f)       On February 24, 2004, the Company's wholly-owned subsidiary Dragon
          Minerals Inc. ("DMI") entered into a Letter of Intent with the Bureau
          of Geology and Mineral Exploration & Development of Shaanxi Province
          ("Bureau") in China to form a Sino-Foreign cooperative joint venture
          companies for the exploration and development of up to twelve
          properties located in the Southern Shaanxi Province. Pursuant to the
          Letter of Intent, the Company would contribute cash to the joint
          ventures and Bureau would contribute the Permits and their previous
          exploratory findings.


8.        Common Stock
(a)       On August 23, 2005, the Company entered into a stock subscription
          agreement whereby the Company issued 1,000,000 shares of common stock
          at $0.10 per share for cash proceeds of $100,000.
(b)       On June 22, 2005, the Company entered into a stock subscription
          agreement whereby the Company issued 500,000 shares of common stock at
          $0.20 per share for cash proceeds of $100,000.
(c)       On May 16, 2005, the Company issued 1,000,000 shares of common stock
          as a stock bonus under the terms of a consulting agreement with a fair
          value of $340,000. The shares were valued based upon the closing price
          of the Company's common stock on the date of issue. Refer to Note
          10(b).
(d)       On May 17, 2005, the Company entered into a stock subscription
          agreement whereby the Company issued 400,000 shares of common stock at
          $0.25 per share for cash proceeds of $100,000.
(e)       On April 1, 2005, the Company received the proceeds from the stock
          subscription receivable of $100,000.
(f)       On June 14, 2004, the Company completed a forward split of its common
          stock on a seven for one basis whereas every share of fully paid
          common stock issued and outstanding immediately prior to the forward
          split was changed into seven new shares of common stock of the
          Company. All share amounts have been retroactively adjusted for all
          periods presented. The increase in common stock was accounted for as a
          reduction in additional paid in capital for all periods presented.
          Additionally, the authorized common stock was increased to 500,000,000
          shares of common stock and the par value was re-authorized at $0.001
          per common stock.


9.        Stock Options

     During the nine-month period ended December 31, 2005, the Company granted
     stock options to acquire up to 3,000,000 shares of common stock exercisable
     at $0.366 per share on or before May 12, 2010. One-third of the options
     vest each year, for the first three years, on the anniversary date of the
     agreement. Refer to Note 10(b).

     The fair value of the options granted during the period was estimated at
     the date of the grant using the Black-Scholes option pricing model with the
     following assumptions: dividend yield of 0%; risk-free interest of 3.71%;
     expected volatility of 114%; and weighted average life of 3 years. The
     Company will recognize stock-based compensation expense in the amount of
     $535,952, ratably on each of the vesting dates of the options.

                                      F-7
<PAGE>

                           Dragon Gold Resources, Inc.
                         (An Exploration Stage Company)



9.       Stock Options (continued)

     A summary of the Company's stock option activity is as follows:
<TABLE>

                                              Nine months ended                         Year ended
                                              December 31, 2005                       March 31, 2005
                                     ------------------------------------     -------------------------------
                                     Number of Options          Weighted         Number of          Weighted
                                                                 Average                             Average
                                                          Exercise Price           Options    Exercise Price
    -------------------------------- ------------------ -----------------     ------------- -----------------
    <S>                              <C>                 <C>                   <C>           <C>


    Balance, beginning of period                     ?            $    ?                 ?            $    ?

    Granted                                  3,000,000             0.366                 ?                 ?

    Cancelled / Forfeited                            ?                 ?                 ?                 ?

    Exercised                                        ?                 ?                 ?                 ?
    -------------------------------- ------------------ ----------------- --- ------------- -----------------

    Balance, end of period                   3,000,000          $  0.366                 ?            $    ?
    -------------------------------- ------------------ ----------------- --- ------------- -----------------
</TABLE>

     As at December 31, 2005, the following options are outstanding:
<TABLE>

                                                   Outstanding                                Exercisable
                                   ---------------------------------------------     ------------------------------
           Exercise price                                Weighted        Weighted                           Weighted
                                                        average         Average                            Average
                                                      remaining        Exercise                           Exercise
                                       Number of    contractual           Price           Number of          Price
                                $         shares   life (years)               $              shares              $
                                   -------------- -------------- ---------------     --------------- --------------
            <S>                   <C>              <C>           <C>                  <C>             <C>


              0.366                  3,000,000           4.38       $ 0.366                    ?          $   ?
                                   -------------- -------------- ---------------     --------------- --------------
</TABLE>



10.           Commitments
(a)           On April 1, 2005, the Company entered into a consulting agreement
              ("the Agreement") with a company owned by a significant
              shareholder of the Company, for management and geological
              services. The Agreement was for a period of one year commencing
              April 1, 2005 at CDN$6,875 per month. This Agreement replaced in
              full a previous agreement for CDN$5,625 per month signed on
              October 1, 2004. Effective September 30, 2005, the Agreement was
              terminated.
(b)           On May 12, 2005, the Company entered into a five-year employment
              agreement for the position of Chairman Non-Executive (the
              "Employee") for the provision of services for 52 days per year in
              consideration for an annual salary of $60,000. The Company will
              pay $500 per day for each day in excess of 52 days. The Employee
              received 1,000,000 shares of common stock of the Company upon
              execution of the agreement. The Company also granted stock options
              to acquire 3,000,000 shares of common stock for a term of 5 years,
              exercisable at $0.366 per share. One-third of the options vest
              each year, for the first three years, on the anniversary date of
              the agreement.
(c)           On March 3, 2005, the Company entered into an agreement to issue
              50,000 shares of common stock to an individual in exchange for
              consulting services to be rendered over a two year period. Upon
              execution of the agreement, the Company issued 25,000 shares of
              common stock and will issue the remaining 25,000 shares within 30
              days after the end of the first year of service.

                                       F-8
<PAGE>


Item 2. Management's Discussion and Analysis or Plan of Operation

FORWARD LOOKING STATEMENTS

THIS REPORT CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF SECTION
27A OF THE SECURITIES ACT OF 1933, AS AMENDED AND SECTION 21E OF THE SECURITIES
EXCHANGE ACT OF 1934, AS AMENDED. THE COMPANY'S ACTUAL RESULTS COULD DIFFER
MATERIALLY FROM THOSE SET FORTH ON THE FORWARD LOOKING STATEMENTS AS A RESULT OF
THE RISKS SET FORTH IN THE COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE
COMMISSION, GENERAL ECONOMIC CONDITIONS, AND CHANGES IN THE ASSUMPTIONS USED IN
MAKING SUCH FORWARD LOOKING STATEMENTS.

As used in this quarterly report, the terms "we", "us", "our", "our company",
and "Company" mean Dragon Gold Resources, Inc., unless otherwise indicated.

GENERAL

Dragon Gold Resources, Inc. was originally incorporated under the laws of the
state of Nevada as Folix Technologies Inc. ("Folix"), on December 13, 2000.
Pursuant to an exchange agreement executed on July 15, 2004, the Company
acquired 100% of the issued and outstanding common stock of Dragon Minerals
Holdings, Inc. ("Dragon"), the holding company for Dragon Minerals Inc., an
international business company incorporated under the laws of the British Virgin
Islands ("Dragon Minerals"). Thereafter, Folix changed its name to Dragon Gold
Resources, Inc.

DESCRIPTION OF THE PRINCIPAL PRODUCTS AND SERVICES

The Company does not currently offer any products or services. The Company has a
number of letters of intent (the "Letters of Intent") to enter into joint
ventures for gold exploration and potential development on a choice of
properties located in the People's Republic of China, which will be discussed in
more detail below. The Letters of Intent anticipate that the Company will
contribute cash to the joint ventures. The other parties to the joint ventures
would contribute permits for exploration and previous exploratory findings on a
number of mineral properties. The Company anticipates forming a separate joint
venture for each property the Company decides to explore. The government of
China owns the properties to which the Permits relate. The Permits grant the
right to the mineral resources found below the surface of the properties.

The Letters of Intent contemplate two phases of activities: the exploration
phase and the development phase. The development phase is contingent on, and
will not proceed unless there are, positive results from the exploration phase.
At this time, the Company has not entered into any joint ventures, contributed
any cash to any joint ventures, or selected any properties for gold exploration
and potential development. However, during the current fiscal year the Company
raised $400,000 through four private placements for which the company sold
2,100,000 shares of common stock. There can be no assurance that these funds
will be able to sustain our business operations until more money is raised,
provided that we will raise any additional funds at all.

In regard to the Company's activities in Mongolia, after the completion of a
summer reconnaissance study and evaluation of its five optioned properties in
Mongolia, the Company determined not to exercise its option to acquire a 100%
interest in the referred mineral properties. The option agreement for the right
to acquire such interests was executed on January 20, 2005.

EMPLOYEES

The Company intends to use consultants and other forms of contract or outsourced
labor during the next twelve months.  Mr. Johannes  Petersen and Mr. Albert Cui,
both  directors  of  the  Company,   have  provided  management  and  geological
consulting  services  to the  Company,  respectively.  Mr.  Andrew  Malim has an
agreement with the Company for a part-time role as non-executive Chairman.


                                       9
<PAGE>

THREE MONTHS ENDED DECEMBER 31, 2005 COMPARED TO THREE MONTHS ENDED DECEMBER 31,
2004

The Company earned no revenue for the three months ended December 31, 2005 or
for the three months ended December 31, 2004.

Total expenses decreased by $53,442 from $105,750 during the three months ended
December 31, 2004 to $52,308 for the three months ended December 31, 2005. The
decrease in expenses was mostly attributable to decreases of $21,347 in travel
and promotion costs, $18,087 in consulting costs, $8,304 in rent, $6,957 in
legal and organizational costs; and $2,500 in accounting and auditing costs.
These were partly offset by increases in general and administrative costs of
$3,304, $284 in mineral property costs, $144 in depreciation and amortization;
and $21 in foreign exchange expenses.

As a result of the foregoing, the net operating loss of the company decreased
$53,442 from $105,750 for the three months ended in December 31, 2004 to $52,308
for the three months ended in December 31, 2005.

NINE MONTHS ENDED  DECEMBER 31, 2005 COMPARED TO NINE MONTHS ENDED  DECEMBER 31,
2004

The Company earned no revenue for the nine months ended December 31, 2005 or for
the nine months ended December 31, 2004.

Total expenses increased by $353,443 from $399,153 during the nine months ended
December 31, 2004 to $752,596 for the nine months ended December 31, 2005. The
increase in expenses was mostly attributable to increases of $416,624 in
consulting expenses, $49,692 in travel and promotion, $9,671 in general and
administrative expenses, $4,136 in rent, $2,693 in depreciation and
amortization, $1,284 in foreign exchange expenses; and $1,145 in accounting and
auditing costs. These increases were partly offset by decreases in mineral
property costs of $105,225 and legal and organizational costs of $26,577.

During the nine months ended in December 31, 2005 the company didn't record any
gain on the sale of assets, as opposed to the $1,000 gain recorded for the nine
months ended in December 31, 2004.

As a result of the foregoing, the net operating loss of the company increased
$354,443 from $398,153 for the nine months ended in December 31, 2005 to
$752,596 for the nine months ended in December 31, 2005.

LIQUIDITY AND CAPITAL RESOURCES

We have not earned any revenue since inception on December 13, 2000 and we are
presently in the exploration stage of our business.

As of December 31, 2005, the Company had total current assets of $19,377, which
consisted of $12,684 in cash, $2,581 in accounts receivable and $4,112 of
prepaid expenses and deposits. The Company also had $10,001 of intangible
assets, which consisted of the net carrying value of the company's website
development costs. The Company also had $3,645 of property and equipment. The
Company had total assets of $33,023.

As of December 31, 2005, the Company had total current liabilities of $30,657
consisting of accounts payable of $19,827, accrued liabilities of $5,000 and an
amount due to related parties of $5,830, which includes $159 paid on behalf of
the Company by a former director, $10,000 due to a director and $4,329 advanced
to current directors. The amount due is non-interest bearing, unsecured and has
no specific terms of repayment.

For the nine months ended December 31, 2005, the Company spent $398,009 in its
operating activities, which included a net loss of $752,596, amortization
adjustments of $4,291, deferred compensation of $14,063, shares issued for
services of $340,000, an increase in accounts receivable of $2,581, a decrease
in prepaid expenses of $3,694, a decrease in accounts payable of $9,556, and an
increase in amounts due to related parties of $4,676.

                                       10
<PAGE>

The Company had negative $587 in cash flows from investing activities, due to a
purchase of property and equipment for the nine months ended December 31, 2005.

The Company had $400,000 in net cash provided by financing activities for the
nine months ended December 31, 2005, which was from the proceeds from the sale
of 2,100,000 shares of the Company's common stock.

The Company cannot make any assurance that financing will be available on terms
favorable to the Company, or at all. The Company has no commitments from
officers, directors or affiliates to provide funding. There can be no assurance
that any new capital will be available to the Company or that adequate funds
will be sufficient for Company operations, whether from the Company's financial
markets or private sources, or that other arrangements will be available when
needed or on terms satisfactory to the Company. If adequate funds are not
available to the Company on acceptable terms, the Company will have to delay,
curtail or scale back some or all of its operations.

RISK FACTORS

We are subject to all the risks inherent to an exploration stage company. These
risks include, but are not limited to, a limited operating history, dependency
on key personnel, limited resources, possible failure of our property
acquisition and exploration efforts, failure to complete adequate financings and
failure to meet contractual obligations. Our operating results may be materially
affected by the "RISK FACTORS" discussed below as well as other risks and
uncertainties not discussed herein:

RISKS RELATED TO OUR BUSINESS

NEED FOR ADDITIONAL FINANCING. The Company will be required to contribute cash
to the potential joint ventures on a continuing basis, however, the exact amount
of continued capital commitment required by the Company is not known at this
time. The Company believes it can continue for approximately four (4) months if
no additional financing is raised, and will require approximately $200,000 of
additional financing to continue administrative activities for the next twelve
(12) months, which does not include any additional amounts which will be
required for exploration activities or the formation of joint ventures, which
the Company anticipates being substantial.

Additionally, if the Company does enter into joint ventures it will need a
substantial amount of additional financing, which the Company will determine if
the joint ventures are entered into. The Company does not have any commitments
or identified sources of capital from third parties or from the Company's
officers, directors or majority shareholders. There is no assurance that
financing will be available on favorable terms, if at all. If the Company is
unable to raise such financing, it will not be able to enter into the joint
ventures, complete the purchase of the Mongolian licenses or continue business
operations and its business will fail.

MINERAL PROPERTIES. On January 20, 2005, the Company entered into an option
agreement to acquire a 100% interest, subject to a 2% net smelter royalty, in
five mining claims located in Mongolia. On November 23, 2005, the Board of
Directors of the Company determined not to exercise its option to acquire these
five mineral properties.

In addition, on June 2, 2005, the Company entered into an Exploration License
Transfer Agreement to acquire a 100% interest in two additional mining claims
located in the Taragt subprovince of the Uvurkhangai Province of Mongolia. The
Company has carried only a preliminary assessment of these two properties and
further studies would be required to decide whether to continue exploring them.

The Company can give no assurances that the Company will be able to raise
sufficient funding to carry out the exploration activities in any of these
areas, that the company will have sufficient funds to pay the agreed payments on
its optioned properties, that the Company will explore the properties covered by
the licenses, or if explored that the properties will contain any mineral
reserves.

                                       11
<PAGE>

LETTERS OF INTENT. The Company holds three letters of intent whereby the Company
intends to enter into joint ventures for the development and exploration of up
to twenty (20) properties in Shaanxi Province, China. Pursuant to one letter of
intent, the Company will enter in a Sino-Foreign cooperative joint venture
company with the "Bureau" for the development and exploration of up to twelve
(12) properties. Pursuant the second letter of intent, the Company will enter
into a Sino-Foreign cooperative joint venture company with "Northwest" for
development and exploration of one (1) property. Pursuant to the third letter of
intent, the Company would form Sino-Foreign cooperative joint venture companies
with "Hanzhong" for development and exploration of up to 7 properties. Pursuant
to the letters of intent, the Company will contribute cash to the joint
ventures. The other parties to the joint ventures will contribute up to twenty
(20) properties on which the gold exploration and potential Exploration will be
conducted. The Company has not currently entered into any definitive agreements
or joint ventures.

The Company is in continued negotiations with the other parties to the letters
of intent regarding contributions of the properties and the Company's
contribution of cash. Currently, the joint ventures have not been formed, the
Company has not contributed any cash, none of the properties have been
contributed, and there is no program of exploration and development. There can
be no assurance that the Company will enter into any definitive agreements or
joint ventures, or that the Company will make any cash contributions or that
other parties to the letters of intent will contribute any property. In the
event that any of the foregoing events do not occur, the Company's business will
fail.

PRELIMINARY COOPERATIVE AGREEMENTS IN CHINA. On September 21, 2005, the Company
entered into a cooperative agreement with Yinchuan Gaoxin District Shijin Mining
Ltd. ("Yinchuan Mining") to form a cooperative joint venture company ("JV
Company") for the exploration and development of the Xijishui Gold Property and
its surrounding area located Gansu Province, China. Pursuant to the agreement,
the Company must pay $150,000 to Yinchuan Mining over a period of 12 months
after Yinchuan Mining transfers its mineral exploration rights to the JV
Company. The Company will have the right to earn an 80% interest in the JV
Company by spending $1,200,000 for exploration activities over a two year
period. If the Company or Yinchuan Mining do not make the contributions
contemplated under this preliminary agreement, the Company will not have any
rights with respect to the property. The Company has not currently entered into
the definitive agreement in regard to the exploration and development of this
property.

On September 10, 2005, the Company entered into a cooperative agreement with the
Guilin Research Institute of Geology and Mineral Resources ("Institute") to form
a cooperative joint venture company ("JVC") for the exploration and development
of the Maling and Longhou Gold Properties located in Guangxi Province, China.
Pursuant to the agreement, the Company must pay $800,000 to the Institute in
stages over a period of 30 months after the Institute transfers its mineral
exploration rights to the JVC. The Company will have the right to earn a 75%
interest in the JVC by spending $2,500,000 for exploration activities over a
three year period. If the Company or the Institute do not make the contributions
contemplated under this preliminary agreement, the Company will not have any
rights with respect to the property. The Company has not currently entered into
the definitive agreement in regard to the exploration and development of this
property.

TITLE TO THE PROPERTIES. The government of China owns the land on which the
Company intends to conduct exploration and development through joint ventures
with the Bureau, Northwest and Hanzhong. These are local government departments
that hold permits that give them the right to the mineral resources found under
the surface of the properties. Pursuant to the letters of intent, the Bureau,
Northwest and Hanzhong will contribute Permits for up to an aggregate of twenty
(20) properties and the Company will contribute cash to the joint venture. The
Company has not currently entered into any definitive agreements or joint
ventures. The Company is in continued negotiations with the Bureau, Northwest
and Hanzhong regarding contributions of the properties and the Company's
contribution of cash. Currently, the joint ventures have not been formed, the
Company has not raised or contributed any cash, none of the properties have been
contributed, and there is no program of exploration and development. However,
after a due diligence review of the prospective properties, the Company has
determined that one (1) of the twenty (20) properties and one (1) additional
property meet the Company's criteria for investment, and the Company plans to
proceed in establishing joint ventures for the purpose of developing these two
(2) properties, which the Company can make no assurances that it will be
successful in establishing. If the Company, the Bureau, Northwest and Hanzhong
do not make the contributions contemplated under the letters of intent, the
Company will not have any rights with respect to the properties.

                                       12
<PAGE>

RELIANCE ON KEY MANAGEMENT. The Company's success depends upon the personal
efforts and abilities of Johannes Petersen, a Director of the Company and the
Company's Chief Executive Officer and President, Xiaojun ("Albert") Cui, a
Director of the Company and Andrew Malim, its non-executive Chairman. The
Company's ability to operate and implement its business plan is heavily
dependent on the continued service of Messrs. Petersen, Cui and Malim, and the
Company's ability to attract, retain and motivate qualified consultants and
other outsourced labor, particularly in the area of gold exploration and
development. The Company faces aggressive and continued competition for such
personnel, qualified consultants and other outsourced labor. The Company cannot
be certain that it will be able to attract, retain and motivate such personnel,
qualified consultants and other outsourced labor. The loss of Mr. Petersen, Mr
Malim or Mr. Cui, or the Company's inability to attract, retain and motivate
such personnel, qualified consultants and other outsourced labor would have a
material adverse effect on the Company's business and operations.

BECAUSE MR. TSAKOK OWNS 21.6% OF THE COMPANY'S OUTSTANDING COMMON STOCK, HE WILL
EXERCISE SIGNIFICANT CONTROL OVER CORPORATE DECISIONS THAT MAY BE ADVERSE TO
OTHER MINORITY SHAREHOLDERS. Raoul Tsakok beneficially owns 21.6% of the issued
and outstanding shares of the Company's common stock. Accordingly, he will
exercise significant control in determining the outcome of all corporate
transactions or other matters including mergers, consolidations and the sale of
all or substantially all of our assets, and also the power to prevent or cause
change in control. The interest of Mr. Tsakok may differ from the interests of
the other stockholders and thus result in corporate decisions that are adverse
to other shareholders.

OUR AUDITORS HAVE EXPRESSED SUBSTANTIAL DOUBT AS TO WHETHER OUR COMPANY CAN
CONTINUE AS A GOING CONCERN. Our Company is in its early Exploration stage, as
the Company does not currently offer any products or services and planned
principal activities have not begun. We have not generated any revenues since
inception and have incurred substantial losses. The Company had accumulated
losses of $1,329,093, as of December 31, 2005. Additionally, the Company has no
current prospects for future revenues. These factors among others indicate that
the Company may be unable to continue as a going concern, particularly in the
event that it cannot raise capital through debt or equity financing to conduct
its operations.

RISKS RELATED TO OUR COMMON STOCK

WE HAVE NOT CREATED A MARKET TO SUSTAIN THE SIGNIFICANT AMOUNT OF SHARES IN OUR
PUBLIC FLOAT. We have a substantial amount of shares of common stock in our
public float that were issued prior to the acquisition of Dragon and our change
in business focus, however, we have not created a market for our common stock.
We may not have adequate time to create such a market prior to the time our
shareholders resell their shares. If our shareholders resell their shares before
we can create a market, it may exert downward pressure on the price of our
common stock.

IF THERE'S A MARKET FOR OUR COMMON STOCK, OUR STOCK PRICE MAY BE VOLATILE. If
there is a market for our common stock, we anticipate that such market will be
subject to wide fluctuations in response to several factors, including, but not
limited to:
 (1) actual or anticipated variations in our results of operations; (2) our
 ability or inability to generate new revenues; (3) increased competition; and
 (4) conditions and trends in the gold exploration and production industry.

Furthermore, because our common stock is traded on the NASD over the counter
bulletin board, our stock price may be impacted by factors that are unrelated or
disproportionate to our operating performance. These market fluctuations, as
well as general economic, political and market conditions, such as recessions,
interest rates or international currency fluctuations may adversely affect the
market price of our common stock.

                                       13
<PAGE>

ITEM 3. CONTROLS AND PROCEDURES

(a) Evaluation of disclosure controls and procedures. Our chief executive
officer and principal financial officer, after evaluating the effectiveness of
the Company's "disclosure controls and procedures" (as defined in the Securities
Exchange Act of 1934 Rules 13a-15(e) and 15d-15(e)) as of the end of the period
covered by this quarterly report (the "Evaluation Date"), has concluded that as
of the Evaluation Date, the Company's disclosure controls and procedures were
effective and designed to ensure that material information required to be
disclosed by the Company in the reports that it files or submits under the
Exchange Act of 1934 is 1) recorded, processed, summarized and reported, within
the time periods specified in the Commission's rules and forms; and 2)
accumulated and communicated to him as appropriate to allow timely decisions
regarding required disclosure.

(b) Changes in internal control over financial reporting. We have not
experienced any changes in our internal control over financial reporting during
our most recent fiscal quarter that materially affected, or were reasonably
likely to materially affect, our internal control over financial reporting.


PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

The Company currently is not a party to any material legal proceedings and, to
the Company's knowledge, no such proceedings are threatened or contemplated.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

The Company had no unregistered sales of equity securities during the three
month period ended December 31, 2005.

ITEM 3. DEFAULT UPON SENIOR SECURITIES.

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None.

ITEM 5. OTHER INFORMATION.

None.

ITEM 6. EXHIBITS

 a. Exhibits


Exhibit Number        Description of Exhibit
---------------    ---------------------------------

     2.1           Exchange Agreement (1)

     3.1           Articles of Incorporation   (2)

                                       14
<PAGE>

     3.2           Certificate of Amendment (3)

     3.3           By-Laws (2)

    10.1           Business Plan Purchase Agreement     (2)

    10.2           Option Agreement (4)

    10.3           Consulting Agreement with Sagit Investment Management
                   Ltd.  (5)

    31.1           Certification of Chief Executive Officer and Chief
                   Financial Officer pursuant to 18 U.S.C.  Section 1350,
                   as adopted pursuant to Section 302 of the Sarbanes-
                   Oxley Act of 2002

    32.1           Certification of Chief Executive Officer and Chief Financial
                   Officer pursuant to 18 U.S.C.  Section 1350, as adopted
                   pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

(1)  Filed as Exhibit 2.1 to our report on Form 8-K filed on July 30, 2004,  and
     incorporated herein by reference.

(2)  Filed as  Exhibits  3.1,  3.2 and 10.1 to our SB-2  Registration  Statement
     filed on August 13, 2003, and incorporated herein by reference.

(3)  Filed as Exhibit 3.1 to our report on Form 8-K filed on June 14, 2004,  and
     incorporated herein by reference.

(4)  Filed as Exhibit  10.1 to our report on Form 8-K filed on January 25, 2005,
     and incorporated herein by reference.

(5)  Filed as an Exhibit to the Quarterly  Report as filed on February 14, 2005,
     and incorporated herein by reference


                                       15
<PAGE>




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                                  DRAGON GOLD RESOURCES, INC.

                                                  By:  /s/ Johannes Petersen
                                                  ----------------------------
                                                  Johannes Petersen
                                                  Dated: February 14, 2006
                                                  Chief Executive Officer
                                                  and Chief Financial Officer


                                       16
<PAGE>


Exhibit31.1 Certification of Chief Executive Officer and Chief Financial Officer
pursuant to 18 U.S.C.  Section 1350,  as adopted  pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002

I, Johannes Petersen, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Dragon Gold
Resources, Inc.

2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4. I am responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
registrant and I have:

         a) designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its consolidated
subsidiaries, is made known to me by others within those entities, particularly
during the period in which this quarterly report is being prepared;

         b) evaluated the effectiveness of the registrant's disclosure controls
and procedures as of a date within 90 days prior to the filing date of this
quarterly report (the "Evaluation Date"); and

         c) presented in this quarterly report my conclusions about the
effectiveness of the disclosure controls and procedures based on our evaluation
as of the Evaluation Date;

5. I have disclosed, based on my most recent evaluation, to the registrant's
auditors and the audit committee of registrant's board of directors (or persons
performing the equivalent function):

         a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to record,
process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and

         b) any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal
controls; and

6. I have indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of my most recent
evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses.

Dated: February 14, 2006

By: /s/ Johannes Petersen
Johannes Petersen
Chief Executive Officer
And Chief Financial Offer


                                       17
<PAGE>

Exhibit  32.1  Certification  of Chief  Executive  Officer  and Chief  Financial
Officer  pursuant to 18 U.S.C.  Section 1350, as adopted pursuant to Section 906
of the Sarbanes-Oxley Act of 2002

--------------------------------------------------------------------------------


CERTIFICATION OF CHIEF EXECUTIVE  OFFICER CHIEF FINANCIAL OFFICER PURSUANT TO 18
U.S.C.  SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF TEHE  SARBANES-OXLEY
ACT OF 2002

I, Johannes Petersen, certify, pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the Quarterly
Report of Dragon Gold Resources, Inc. on Form 10-QSB for the quarterly period
ended December 31, 2005 fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934 and that information contained in
such Form 10-QSB fairly presents in all material respects the financial
condition and results of operations of Dragon Gold Resources, Inc.



By: /s/ Johannes Petersen
-------------------------------
Name: Johannes Petersen
Title: Chief Executive Officer

And Chief Financial Officer

February 14, 2006


                                       18