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 June 30, 2004

             ( ) 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)

                             205-1072 DAVIE STREET,
                          VANCOUVER, BRITISH COLUMBIA,
                                 CANADA V6E 1M3
                            (Issuer's former 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
                                                                        ----
66,896,794 shares of issuer's common stock, $.001 par value, were outstanding at
August  16,  2004.  Issuer  has  no  other  class  of  common  equity.

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



                          PART I. FINANCIAL INFORMATION

ITEM  1.  FINANCIAL  STATEMENTS.


Dragon Gold Resources, Inc.
(formerly Folix Technologies, Inc.)
(A Development Stage Company)
(Unaudited)

                                                              Index


Balance Sheets                                                  F-1

Statements of Operations                                        F-2

Statements of Cash Flows                                        F-3

Notes to the Financial Statements                               F-4



<PAGE>

<TABLE>
<CAPTION>

Dragon Gold Resources, Inc.
(Formerly Folix Technologies, Inc.)
(A Development Stage Company)
Balance Sheets
(expressed in U.S. dollars)


                                                             June 30,   March 31,
                                                               2004       2004
                                                                 $          $
                                                            (Unaudited)  (Audited)
<S>                                                               <C>          <C>
Assets

Current Assets

Cash                                                            55,912    101,029
----------------------------------------------------------------------------------
Total Current Assets                                            55,912    101,029

Deferred Financing Costs (Note 5)                               12,235          -
----------------------------------------------------------------------------------
Total Assets                                                    68,147    101,029
==================================================================================

Liabilities and Stockholders' Equity

Current Liabilities

Accounts payable                                                   845      1,478
Accrued liabilities                                              4,950     10,176
Due to related parties (Note 4)                                    159      6,388
----------------------------------------------------------------------------------
Total Current Liabilities                                        5,954     18,042
----------------------------------------------------------------------------------
Commitments (Note 1)

Stockholders' Equity

Common Stock, 500,000,000 common shares authorized
with a par value of $0.001, 50,396,794 common shares
issued and outstanding                                          50,397     50,397

Additional Paid In Capital                                      60,472     60,472

Deficit Accumulated During the Development Stage               (48,676)   (27,882)
----------------------------------------------------------------------------------
Total Stockholders' Equity                                      62,193     82,987
----------------------------------------------------------------------------------
Total Liabilities and Stockholders' Equity                      68,147    101,029
==================================================================================
</TABLE>

                                       F-1
    (The accompanying notes are an integral part of the financial statements)

<PAGE>

<TABLE>
<CAPTION>

Dragon Gold Resources, Inc.
(Formerly Folix Technologies, Inc.)
(A Development Stage Company)
Statements of Operations
(expressed in U.S. dollars)
(Unaudited)

                                                                     Accumulated From
                                        Three months   Three months  December 13, 2000
                                            Ended         Ended     (Date of Inception)
                                           June 30,      June 30,       to June 30,
                                            2004          2003             2004
                                              $             $               $
<S>                                      <C>           <C>           <C>
Revenue                                            -             -             -
---------------------------------------------------------------------------------

Expenses

Accounting and audit                           3,350           850        14,950
Bank charges                                     281            49           661
Consulting (Note 4(b))                         2,000         1,200         7,200
Foreign exchange                                 157            35           371
Investor relations                                 -             -         1,307
Legal and organizational                      13,045           120        18,613
Office and telephone                             109             -         1,472
Transfer agent and filing fees                 1,852             -         2,531
Travel and promotion                               -            24           191
Write-off of assets                                -             -         1,380
---------------------------------------------------------------------------------
                                              20,794         2,278        48,676
---------------------------------------------------------------------------------
Net Loss for the Period                      (20,794)       (2,278)      (48,676)
=================================================================================

Net Loss Per Share - Basic and Diluted             -             -
=================================================================================

Weighted Average Shares Outstanding       50,397,000    46,614,000
=================================================================================
</TABLE>

                                       F-2
    (The accompanying notes are an integral part of the financial statements)


<PAGE>


<TABLE>
<CAPTION>

Dragon Gold Resources, Inc.
(Formerly Folix Technologies, Inc.)
(A Development Stage Company)
Statements of Cash Flows
(expressed in U.S. dollars)
(Unaudited)


                                                     Three months  Three months
                                                         Ended        Ended
                                                        June 30,     June 30,
                                                          2004         2003
                                                            $           $
<S>                                                     <C>        <C>
Cash Flows to Operating Activities

Net loss for the period                                  (20,794)   (2,278)

Change in operating assets and liabilities
   (Decrease) in accounts payable and accrued liabilities (5,859)   (1,650)
   Increase (decrease) in amounts due to related parties      40      (226)
---------------------------------------------------------------------------
Net Cash (Used in) Operating Activities                  (26,613)   (4,154)
---------------------------------------------------------------------------
Cash Flows from Financing Activities

   Payment of deferred financing costs                   (12,235)        -
   Advances from (repayments to) related parties          (6,269)    5,000
   Proceeds from issuance of common shares, net                -     5,000
---------------------------------------------------------------------------
Net Cash (Used in) Provided by Financing Activities      (18,504)   10,000
---------------------------------------------------------------------------
Increase (decrease) in cash                              (45,117)    5,846

Cash - beginning of period                               101,029       183
---------------------------------------------------------------------------
Cash - end of period                                      55,912     6,029
===========================================================================

Supplemental Disclosures

   Interest paid                                               -         -
   Income tax paid                                             -         -
</TABLE>

                                       F-3
    (The accompanying notes are an integral part of the financial statements)

<PAGE>

Dragon Gold Resources, Inc.
(Formerly Folix Technologies, Inc.)
(A Development Stage Company)
Notes to the Financial Statements
For the Three Months Ended June 30, 2004
(expressed in U.S. dollars)
(Unaudited)


1.  Development 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.  Subsequent to the year
end,  the  Company entered the mineral resource exploration business through the
acquisition  of  a  100%  interest  in  Dragon Minerals Holdings Inc., a private
British  Virgin  Island  company.  Refer  to  Note  6.

On  March  9,  2001,  the  Company  entered  into an asset purchase agreement to
acquire  certain  hair  loss  prevention  and  hair  loss  regrowth intellectual
property.  The  Company was  to pay CDN$25,000 in monthly installments and issue
700,000  shares  of  common  stock.  The  Company paid CDN$2,000 (US $1,280) and
issued 700,000 shares of common stock before terminating the agreement on May 1,
2001.  The  Company  is  no  longer  involved  in  the  hair  loss  business.

The  Company  is in the early development stage. In a development stage company,
management  devotes  most  of  its  activities  in  developing  a market for its
products  and  services.  Planned  principal  activities have not yet begun. The
ability  of the Company to emerge from the development stage with respect to any
planned  principal business activity is dependent upon its successful efforts to
raise  additional equity financing and/or attain profitable operations. There is
no  guarantee  that  the  Company  will  be  able  to  complete any of the above
objectives.  During  the period since inception on December 13, 2000 to June 30,
2004,  the  Company  has incurred operating losses aggregating $48,676. There is
substantial  doubt  regarding  the  Company's  ability  to  continue  as a going
concern.

During the prior fiscal year, the Company raised $100,000 from an offering under
an  SB-2  Registration  Statement that was declared effective December 19, 2003.
Management  believes  the  Company  has  enough  cash on hand to cover estimated
operating  expenses  for  the  next  twelve  months.


2.   Summary  of  Significant  Accounting  Policies

(a)  Basis  of  Presentation

     The  Company  has not produced any revenues from its principal business and
     is  a  development  stage  company  as  defined  by  Statement of Financial
     Accounting  Standard  ("SFAS")  No.  7.

(b)  Use  of  Estimates

     The  preparation  of  financial  statements  in  conformity with accounting
     principles  generally  accepted in the United States requires management to
     make  estimates  and assumptions that affect the reported amounts of assets
     and  liabilities and disclosure of contingent assets and liabilities at the
     date  of  the financial statements and the reported amounts of revenues and
     expenses  during  the  periods.  Actual  results  could  differ  from those
     estimates.

(c)  Year End

     The  Company's  fiscal  year  end  is  March  31.

(d)  Cash and Cash Equivalents

     The  Company  considers  all  highly  liquid instruments with a maturity of
     three  months  or  less  at  the  time  of issuance to be cash equivalents.

                                      F-4

<PAGE>

2.   Summary  of  Significant  Accounting  Policies  (continued)

(e)  Foreign  Currency  Translation

     The  Company's  functional  and  reporting  currency  is  the United States
     dollar.  Monetary  assets and liabilities denominated in foreign currencies
     are  translated  using  the  exchange  rate prevailing at the balance sheet
     date.  Gains  and  losses  arising  on translation or settlement of foreign
     currency  denominated  transactions  or  balances  are  included  in  the
     determination  of  income.  Foreign  currency  transactions  are  primarily
     undertaken  in  Canadian dollars. The Company has not, to the date of these
     financials  statements,  entered  into derivative instruments to offset the
     impact  of  foreign  currency  fluctuations.

(f)  Basic  and  Diluted  Net  Income  (Loss)  Per  Share

     The  Company  computes  net income (loss) per share in accordance with SFAS
     No. 128, "Earnings per Share" (SFAS 128). SFAS 128 requires presentation of
     both  basic  and diluted earnings per share (EPS) on the face of the income
     statement. Basic EPS is computed by dividing net income (loss) available to
     common  shareholders  (numerator)  by the weighted average number of shares
     outstanding  (denominator)  during  the period. Diluted EPS gives effect to
     all  dilutive  potential  common  shares  outstanding  during  the  period
     including  stock  options, using the treasury stock method, and convertible
     preferred  stock,  using the if-converted method. In computing Diluted EPS,
     the average stock price for the period is used in determining the number of
     shares  assumed  to  be  purchased  from  the  exercise of stock options or
     warrants.  Diluted  EPS  excludes  all  dilutive  potential shares if their
     effect  is  anti  dilutive.

(g)  Financial Instruments

     Financial  instruments which include cash and equivalents, accounts payable
     and  accrued  liabilities,  and  due  to  related parties were estimated to
     approximate  their  carrying  values  due  to  the  immediate or short-term
     maturity  of  these  financial instruments. The Company's operations are in
     Canada  and  virtually all of its assets and liabilities are giving rise to
     significant  exposure  to  market  risks  from  changes in foreign currency
     rates.  The  financial  risk  is  the risk to the Company's operations that
     arise  from  fluctuations  in  foreign  exchange  rates  and  the degree of
     volatility  of  these rates. Currently, the Company does not use derivative
     instruments  to  reduce  its  exposure  to  foreign  currency  risk.

(h)  Comprehensive Loss

     SFAS  No.  130, "Reporting Comprehensive Income," establishes standards for
     the  reporting  and display of comprehensive loss and its components in the
     financial  statements.  As  of  June 30, 2004 the Company has no items that
     represent comprehensive loss and, therefore, has not included a schedule of
     comprehensive  loss  in  the  financial  statements.

                                      F-5

<PAGE>

2.   Summary  of  Significant  Accounting  Policies  (continued)

(i)  Recent  Accounting  Pronouncements

     In  December  2003,  the  United  States Securities and Exchange Commission
     issued  Staff Accounting Bulletin No. 104, "Revenue Recognition" (SAB 104),
     which  supersedes  SAB  101, "Revenue Recognition in Financial Statements."
     The  primary purpose of SAB 104 is to rescind accounting guidance contained
     in  SAB  101  related  to  multiple element revenue arrangements, which was
     superseded  as  a  result  of  the  issuance of EITF 00-21, "Accounting for
     Revenue  Arrangements with Multiple Deliverables." While the wording of SAB
     104  has  changed  to  reflect  the  issuance  of  EITF  00-21, the revenue
     recognition  principles of SAB 101 remain largely unchanged by the issuance
     of  SAB  104. The adoption of SAB 104 did not have a material impact on the
     Company's  financial  statements.

     In  May  2003,  the  FASB  issued  SFAS  No.  150,  "Accounting for Certain
     Financial Instruments with Characteristics of both Liabilities and Equity".
     SFAS  No.  150  establishes  standards  for  how  an  issuer classifies and
     measures  certain  financial  instruments  with  characteristics  of  both
     liabilities  and  equity.  It  requires that an issuer classify a financial
     instrument  that  is  within  its scope as a liability (or an asset in some
     circumstances).  The  requirements  of  SFAS  No.  150  apply  to  issuers'
     classification  and  measurement  of  freestanding  financial  instruments,
     including  those  that  comprise  more than one option or forward contract.
     SFAS  No.  150  does not apply to features that are embedded in a financial
     instrument  that  is  not  a  derivative  in  its entirety. SFAS No. 150 is
     effective  for financial instruments entered into or modified after May 31,
     2003,  and  otherwise  is  effective  at the beginning of the first interim
     period  beginning  after  June  15,  2003,  except for mandatory redeemable
     financial  instruments  of  non-public entities. It is to be implemented by
     reporting  the cumulative effect of a change in an accounting principle for
     financial  instruments created before the issuance date of SFAS No. 150 and
     still  existing  at  the  beginning  of  the  interim  period  of adoption.
     Restatement  is not permitted. The adoption of this standard did not have a
     material  effect  on  the  Company's  results  of  operations  or financial
     position.

3.  Common  shares

     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  the  Company.  All  share  amounts  have been
     retroactively  adjusted  for  all periods presented. The increase in common
     shares  was  accounted for as a reduction in Additional Paid in Capital for
     all  periods  presented.  Additionally,  the  authorized common shares were
     increased  to  500,000,000  shares  of  common  stock and the par value was
     re-authorized  at  $0.001  per  common  share.

4.   Related  Party  Transactions/Balances

(a)  Due  to  Related  Parties

     The  amount  due  to  related parties represents expenses of $39 (March 31,
     2004  -  $6,388)  paid  on  behalf of the Company by a Director and also an
     advance  of  $120  (March  31, 2004 - $NIL). The amount due is non-interest
     bearing,  unsecured  and  has  no  specific  terms  of  repayment.

(b)  Transactions  with  director

     During  the three month period ended June 30, 2004, the Company paid $2,000
     (June 30, 2003 - $1,200) for consulting services performed by a director of
     the  Company.

                                      F-6

<PAGE>

5.   Deferred  Financing  Costs

     The  Company incurred $12,235 in legal fees related to the 100% acquisition
     of the issued and outstanding shares of Dragon Minerals Holdings Inc. Refer
     to  Note  6.

6.  Subsequent  Event

     a)   The  Company entered into an Agreement dated July 15, 2004 with Dragon
          Minerals  Holdings  Inc. ("Dragon Minerals"), a private British Virgin
          Islands  company, to acquire 100% of the issued and outstanding common
          shares  of Dragon Minerals in exchange for 16,500,000 common shares of
          the  Company.  Dragon  Minerals  is  involved  in  mineral  property
          acquisition  and  exploration  in  China.

     b)   The  Company  entered  into  an  Agreement  dated July 19, 2004 with a
          former  director to sell all tangible and intangible assets related to
          the Company's business of the development of a Linux based application
          server  and thin client computing system, in consideration for $1,000.

                                      F-7

<PAGE>



ITEM  2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS.

FORWARD  LOOKING  STATEMENTS

The  information  in  this  quarterly 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 "Exchange
Act").  These  forward-looking  statements  involve  risks  and   uncertainties,
including  statements  regarding  the Company's capital needs, business strategy
and  expectations.  Any  statements  contained herein that are not statements of
historical  facts may be deemed to be forward-looking statements. In some cases,
you  can  identify  forward-looking  statements  by  terminology  such as "may",
"will",  "should",   "expect",  "plan",   "intend",   "anticipate",   "believe",
"estimate",  "predict", "potential" or "continue", the negative of such terms or
other comparable terminology. Actual events or results may differ materially. In
evaluating  these statements, you should consider various factors, including the
risks  outlined  from time to time, in other reports Dragon Gold Resources, Inc.
(the  "Company")  files with the Securities and Exchange Commission (the "SEC").
These  factors  may cause the Company's actual results to differ materially from
any  forward-looking statement. The Company disclaims any obligation to publicly
update  these  statements, or disclose any difference between its actual results
and  those  reflected  in  these   statements.   The   information   constitutes
forward-looking  statements  within  the  meaning  of   the  Private  Securities
Litigation  Reform  Act  of  1995.

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.  is  a  corporation  originally  formed  as Folix
Technologies  Inc.,  under the laws of the State of Nevada on December 13, 2000.
We  were  a high technology development stage company engaged in the development
of  an  initial  product.

Our  initial  product  was a client-server system that can run computer programs
from  a centralized server on a user terminal. We built our products using a new
method of software development called Open Source Software. Open Source Software
has  been a very successful phenomenon since it allows a community of users with
a  common  need  to  share  the  cost  of developing software and not to be held
hostage  by  a single vendor of computer programs.  Our products were to contain
commodity computer hardware components that run Open Source Software. This would
have  allowed  us  to  offer  reliable systems to future customers at reasonable
prices.


<PAGE>


During  the  last  fiscal  year  ending  March  31,  2004,  the  Company  raised
$100,000  for  its old business plan from an offering under an SB-2 Registration
Statement  that  was  declared  effective  December  19,  2003.

The  Company  is in the early development stage. In a development stage company,
management  devotes  most  of  its  activities  in  developing  a market for its
products  and  services.  Planned  principal activities have not yet begun.  The
ability  of the Company to emerge from the development stage with respect to any
planned  principal business activity is dependent upon its successful efforts to
raise  additional  equity  financing  and/or  attain  profitable operations. The
Company  has  abandoned  all  of  the above objectives.  During the period since
inception  on  December  13,  2000  to  June  30, 2004, the Company has incurred
operating  losses  aggregating  $48,676.

RECENT  EVENTS

     On  July  15, 2004, the Company acquired 100% of the issued and outstanding
common  stock  of  Dragon  Minerals  Holdings,  Inc.  ("Dragon") in exchange for
16,500,000  newly  issued  shares  of  the Company's common stock pursuant to an
Exchange  Agreement  whereby  Dragon  became  a  wholly-owned  subsidiary of the
Company  (the  "Exchange").  At  closing,  there   were  66,896,794  issued  and
outstanding  shares  of  the  Company  following  the  issuance  to  the  Dragon
shareholder.

     Subsequent  to  the  Exchange,  the  Company entered into an agreement with
Gregory Corcoran whereby the Company transferred certain assets held immediately
prior  to  the  Exchange,  and  the  Company's then existing liabilities related
thereto, to Gregory Corcoran, the Company's former President and Chief Executive
Officer,  in consideration for $1,000. The Company is transferring the following
assets  to  Mr.  Corcoran: the tangible assets excluding cash and the intangible
assets  including  i)  the right to the name "Folix Technologies, Inc."; ii) the
right to operate the business of developing a Linux based application server and
thin  client  system;  and  iii)  any  contracts,  agreements,  rights  or other
intangible  property,  owned  by  the  Company immediately prior to the Exchange
(collectively  referred  to  as  the "Assets"). The Company also transferred the
liabilities  that  relate  to  the  Assets  to  Mr.  Corcoran.

     The  Company is a holding company for Dragon which in turn holds all of the
common  stock  of  Dragon  Minerals  Inc.,  an  International  Business  Company
incorporated  under  the laws of the British Virgin Islands ("Dragon Minerals").
The business operations discussed below are  those  contemplated  by the current
strategy  of  the  Company.


<PAGE>


DESCRIPTION  OF  THE  PRINCIPAL  PRODUCTS  AND  SERVICES

     The  Company does not currently offer any products or services. The Company
has signed two letters of intent (the "Letters of Intent") to enter into two (2)
joint  ventures  for  gold  exploration and potential development on a choice of
properties  located  in  Shaanxi, 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  development  on  an  aggregate  of  up  to  thirteen  (13)  properties (the
"Permits").  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, raised any
cash  or  contributed any cash to any joint ventures, or selected any properties
for  gold  exploration  and  potential  development.  However,  the  Company  is
currently  in  negotiations  for financing in the amount of $200,000 of which no
assurance can be provided that we will raise any funds.

MARKET  OVERVIEW

     Most  multi-metallic and gold deposits in the Shaanxi Province of China are
located in the Qinling Mountain belt and surrounding regions.  The gold deposits
can be divided into three (3) gold provinces: Xiao Qinling, Qinling and Southern
Shaanxi  gold provinces.  The Xiao Qinling gold province is currently the second
largest  gold producing area in China.  The Qinling gold province is west of the
Xiao  Qinling  gold  province.  Explorers unrelated to the Company have recently
discovered  gold deposits in the Qinling gold province.  The Company has entered
into  two  (2)  agreements  whereby  the  Company  will enter into two (2) joint
ventures  for the exploration and development of up to thirteen (13) properties.

     One  (1)  of  the  properties covered by the agreements to enter into joint
ventures  is  located  within  the Xiao Qinling gold province.  Seven (7) of the
properties  are  located  within  the  Qinling  gold  province.  Four (4) of the
properties  are  located  within  the  Southern  Shaanxi gold province.  A fifth
(5th)  property is also  located  within the Southern Shaanxi gold province, but
more  specifically,  in  an  area  called  Chuan-Shaan-Gan  gold  triangular
zone.


<PAGE>


RESEARCH  &  DEVELOPMENT

     The Company has not conducted any research and development activities since
inception.  The  Company  does  not  have  plans  to  conduct  any  research and
development  during  the next twelve months.  The Company does however intend to
conduct exploration and development activities on up to thirteen (13) properties
in  Shaanxi  during  the  next  twelve  months.

EMPLOYEES

     The  Company does not currently have any employees on either a part-time or
full-time  basis.  The  Company  intends  to  use consultants and other forms of
contract  or  outsourced  labor  during  the  next  twelve  months.


PLAN  OF  OPERATION  FOR  OUR  OLD  BUSINESS

     The plan of operations detailed below relates to our old business which was
focused  on high technology.  Since the purchase of Dragon in July 2004, our new
focus  has  been  gold  exploration  and  development.

     Previously  we defined our development stage, as the twelve-month period of
time  that  we  believed  it  would  take us to develop our initial product.  We
raised  $100,000  from an offering under an SB-2 Registration Statement that was
declared  effective  December  19, 2003.  We believed that we had enough cash on
hand  to  cover  basic  operating  expenses  during  our  development  stage.

     Our  business  plan  was  to  proceed  with  the development of our initial
product so it could be sold.  Development of our initial product was expected to
cost  us  $20,000 for computer hardware plus an additional $68,000 in consulting
fees.  For the current fiscal year we expected that the consulting fees would be
broken  down  as  follows:

                                                             ANTICIPATED  FEES
                                                           CONSULTANT  THROUGH-
                                                          OUT  THE  FISCAL  YEAR
Mr.  Corcoran  -  Project  Management  and  Development  Work
                                                                        $24,000
Consultant  1  -  Central  Server  Build  System
                                                                        $16,000
Consultant  2  -  Thin  Client  Boot  System
                                                                        $16,000
Consultant  3  -  Testing  and  Quality  Assurance
                                                                        $12,000

     In  addition, the Company anticipated that it will incur aggregate expenses
of  $12,000  for  legal  and  accounting  fees  to  fulfill  its  SEC  reporting
obligations  throughout  the  current  fiscal  year.

     Continuing  throughout  the current fiscal year, the Company anticipated it
would  perform  approximately  720  hours  of  research  and  development  of  a
central  server  and  thin  client.

     The  Company  did  not  plan on hiring any full-time or part-time employees
during  the  next  twelve  months.  The  Company  would  have  continued  to use
consultants  or  service  providers  for  its  required  services.


<PAGE>


COMPARISON  OF  OPERATING  RESULTS  PERTAINING  TO OUR PRIOR BUSINESS OPERATIONS

FISCAL  QUARTER  ENDED  JUNE  30, 2004 COMPARED TO FISCAL QUARTER ENDED JUNE 30,
2003

     We  have  not  earned  any  revenue since inception at December 13, 2000 to
December  31,  2003.  We are presently in the development stage of our business.

     Expenses increased $18,516 from $2,278 during the fiscal quarter ended June
30,  2003, to $20,794 (or %813) for the fiscal quarter ended June 30, 2004.  The
increase  in  expenses  was  attributable  to  and  increase of $12,925 in legal
and organizational fees from $120 for the quarter ended June 30, 2003 to $13,045
for  the  quarter  ended  June  30,  2004.

     The  expenses  incurred  during  the  fiscal  quarter  ended June 30, 2004,
consisted of accounting and audit of $3,350, bank charges of $281, consulting of
$2,000,  foreign  exchange  of $157, legal and organizational of $13,045, office
and  telephone  of  $109, and transfer agent filing fees of $1,852. The expenses
incurred  during  the  fiscal quarter ended June 30, 2004, totaled $20,794 which
was  $18,516  more  then  the  quarter  ending  June  30,  2003.

     The  Company  had  a  net loss of $20,794 for the fiscal quarter ended June
30,  2004,  as  compared  to  a  net loss of $2,278 for the fiscal quarter ended
June 30, 2003.  The Company had an accumulated deficit of $48,676 as of June 30,
2004.


LIQUIDITY  AND  CAPITAL  RESOURCES

     As  of  June  30, 2004, the Company had cash of $55,912, which was its only
current  asset.  The Company also had $12,235 of deferred financing costs due to
$12,235  in  legal  fees  related  to  the  100%  acquisition  of the issued and
outstanding  shares  of  Dragon  Mineral  Holdings Inc. As of June 30, 2004, the
Company  had total current liabilities of $5,954, consisting of accounts payable
of  $845,  accrued liabilities of $4,950 and an amount due to related parties of
$159, which includes expenses of $39 paid on behalf of the Company by a Director
and  also  an advance of $120. The amount due is non-interest bearing, unsecured
and  has  no  specific  terms  of  repayment.

     As  of  June 30, 2004, the Company had $49,958 of working capital, compared
to  $82,987  of  working  capital  as  of  June  30,  2003.

     For  the  fiscal  quarter  ended June 30, 2004, the Company used $45,117 of
its  cash in its operations, which included $26,613 used in operating activities
and  $18,504  used  in  financing  activities.


<PAGE>


     The  Company  did  not have any cash flows from investing activities during
the  fiscal  quarter  ended  June  30,  2004.

     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.

     These  statements  refer  to  our  old business plan.  On July 15, 2004 the
Company  completed  a  reverse  merger  with  Dragon  Minerals Holdings Inc., an
International Business Company incorporated under the laws of the British Virgin
Islands.

RISK  FACTORS

     We  have  included  risk  factors pertaining to our new business as we feel
this  is  more  pertinent  to  potential  investors.

     We  are  subject  to all the risks inherent to a development stage company.
These  risks  include,  but  are  not limited to, a limited  operating  history,
dependency  on  key  personnel,  limited  resources,  possible  failure  of  our
research  and development 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

     LETTERS  OF INTENT.  The Company has entered into two (2) letters of intent
whereby  the  Company will enter into two (2) joint ventures for the exploration
and  development  of up to thirteen (13) properties in Shaanxi.  Pursuant to one
letter  of  intent,  the  Company will enter in a Sino-Foreign cooperative joint
venture  company  with  the  Bureau for the exploration and development of up to
twelve  (12)  properties.  Pursuant  to  the other letter of intent, the Company
will  enter into a Sino-Foreign cooperative joint venture company with Northwest
for exploration and development of one (1) property.  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 thirteen (13) properties on
which  the  gold  exploration  and potential development 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  raised  or  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, 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.


<PAGE>


     NEED  FOR ADDITIONAL FINANCING.  The Company will be required to contribute
cash  to  the 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 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 and its business will fail.

     TITLE TO THE PROPERTIES. The government of China owns the land on which the
Company  intends  to conduct exploration and development through a joint venture
with the Bureau and a joint venture with Northwest. The Bureau and Northwest are
local  government departments. They have 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 and Northwest will contribute Permits for up to an
aggregate  of  thirteen  (13) 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 and Northwest 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. If the
Company,  the  Bureau  or  Northwest  do not make the contributions contemplated
under  the  letters of intent, the Company will not have any rights with respect
to  the  properties.

     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, and Xiaojun ("Albert") Cui, a
Director  of  the  Company.  The  Company's ability to operate and implement its
business  plan is heavily dependent on the continued service of Messrs. Petersen
and  Cui,  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 or Mr. Cui, or the Company's inability 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.


<PAGE>


     BECAUSE  MESSRS.  CORCORAN  AND  TSAKOK  OWN  AN  AGGREGATE OF 59.1% OF THE
COMPANY'S  OUTSTANDING  COMMON  STOCK, THEY WILL EXERCISE CONTROL OVER CORPORATE
DECISIONS  THAT MAY BE ADVERSE TO OTHER MINORITY SHAREHOLDERS. Gregory Corcoran,
a  former  Director  of  the  Company  and the Company's former President, Chief
Executive  Officer,  Secretary, Treasurer and Chief Financial Officer, and Raoul
Tsakok  beneficially  own  an  aggregate  of 59.1% of the issued and outstanding
shares of the Company's common stock. Accordingly, they will exercise 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 a change in control. The
interests  of  Messrs.  Corcoran and Tsakok may differ from the interests of the
other  stockholders  and  thus result in corporate decisions that are adverse to
other  shareholders.

RISKS  RELATED  TO  OUR  COMMON  STOCK

     IF  THERE'S A MARKET FOR OUR COMMON STOCK, OUR STOCK PRICE MAY BE VOLATILE.
If  there's  a market for our common stock, we anticipate that such market would
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, development and
             production  industry.

Further,  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.

CRITICAL  ACCOUNTING  POLICIES

     Our  discussion  and  analysis  of  our  financial condition and results of
operations  is  based  upon  our  audited  financial statements, which have been
prepared  in  accordance  with  accounting  principals generally accepted in the
United  States.  The  preparation  of  these financial statements requires us to
make  estimates  and  judgments  that  affect  the  reported  amounts of assets,
liabilities,  revenues  and  expenses,  and related disclosure of any contingent
assets  and  liabilities.  On  an on-going basis, we evaluate our estimates.  We
base our estimates on various assumptions that we believe to be reasonable under
the  circumstances,  the  results  of  which form the basis for making judgments
about  carrying  values  of assets and liabilities that are not readily apparent
from  other  sources.  Actual  results  may  differ  from  these estimates under
different  assumptions  or  conditions.

     We  believe  the  following  critical  accounting  policies affect our more
significant  judgments  and  estimates  used in the preparation of our financial
statements:


<PAGE>


     Going  Concern.  The  Company  is  in  its  early  development stage as the
Company's  management devotes most of its activities developing a market for its
products  and  services  and  planned  principal activities have not begun.  The
Company  has  not  generated  any  revenues  since  inception  and  has incurred
substantial losses.  These factors among others indicate that the Company may be
unable  to continue as a going concern, particularly in the event that it cannot
obtain  additional financing and/or attain profitable operations.  The Company's
continuation  as a going concern depends upon its ability to generate sufficient
cash flow to conduct its operations and its ability to obtain additional sources
of  capital and financing.  The accompanying financial statements do not include
any  adjustments  that  might  result  from  the  outcome  of  this uncertainty.

     Foreign Currency Translation.  The Company's primary functional currency is
the  United  States  Dollar.  Monetary  assets  and  liabilities  denominated in
foreign  currencies  are  translated  using  the exchange rate prevailing at the
balance  sheet  date.  Gains  and losses arising on translation or settlement of
foreign  currency  denominated  transactions  or  balances  are  included in the
determination  of  income.  The change in location of the Company's headquarters
to  London  will  result  in  the Company transacting business in British Pounds
which may result in foreign currency translation risks.  The  Company  has  not,
to  the  date  of the financials statements  provided  herein,  entered into any
derivative instruments to offset the  impact  of  foreign currency fluctuations.
Significant  fluctuations  in  the  price  of  British Pounds  relative  to  the
U.S.  Dollar  would  have  a  substantial  impact  on  the  Company's  account
balances  that  will  be  converted  into  U.S.  Dollars.

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, our disclosure controls and
     procedures  were  adequate 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.  There  were no
     significant 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.


<PAGE>


                          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.  CHANGES  IN  SECURITIES.

(a)  Effective  June  14,  2004,  the Registrant changed its name to Dragon Gold
     Resources,  Inc.,  affected a 7:1 forward stock split, increased the amount
     of authorized shares to Five Hundred Million (500,000,000) shares of common
     stock,  and  reauthorized the par value of $.001 per share of common stock.
     Approximately  50,396,794 shares of common stock were outstanding following
     the  forward  stock split. As a result of the name change, the Registrant's
     common  stock  trades  under  the  new  stock  symbol  "DRGO.

(c)  On  July  15, 2004, the Company authorized the issuance of 16,500,000 newly
     issued  shares  of  the  Registrant's  common stock pursuant to an Exchange
     Agreement  whereby Dragon Minerals Holdings Inc., an International Business
     Company incorporated under the laws of the British Virgin Islands, became a
     wholly-owned  subsidiary of the Registrant. The Company claims an exemption
     from  registration  afforded by Section 4(2) of the Act since the foregoing
     issuances  did  not involve a public offering, the recipients had access to
     information  that  would  be included in a registration statement, took the
     shares  for  investment  and  not  resale  and the Company took appropriate
     measures  to  restrict  transfer.

ITEM  3.  DEFAULT  UPON  SENIOR  SECURITIES.

None.

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

         On  June  1, 2004, at a consent to action without a meeting, a majority
of  the  shareholders  of  the  Company amended the articles of incorporation to
reflect  a  name change to Dragon Gold Resources, Inc., to reflect a 7:1 forward
stock  split,  to  increase  the  authorized  shares  to  Five  Hundred  Million
(500,000,000)  shares of common stock and to re-authorize the par value of $.001
per  share  of  common  stock.  Gregory  Corcoran  the majority shareholder with
4,000,000 of the total 7,199,542 outstanding shares at the time voted to approve
the  items  mentioned  above,  no  other  shareholders participated in the vote.


<PAGE>


ITEM  5.  OTHER  INFORMATION.

     On  July  15,  2004,  Gregory  Corcoran, acting as the sole Director of the
Registrant,  increased  the  number of directors from one to three.  On July 15,
2004,  the  Registrant's  Board  of  Directors  appointed  Johannes Petersen and
Xiaojun  ("Albert")  Cui  to  fill vacancies created thereon.  On July 15, 2004,
Gregory  Corcoran  resigned  as  a  Director  and  as President, Chief Executive
Officer, Secretary, Treasurer and Chief Financial Officer of the Registrant.  On
that  same  day, the Registrant's Board of Directors appointed Johannes Petersen
as  the  President,  Chief  Executive  Officer,  Secretary,  Treasurer and Chief
Financial  Officer  of  the  Registrant.

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K.

a.     Exhibits

Exhibit  Number           Description  of  Exhibit
---------------           ------------------------
2.1                       Exchange  Agreement  (1)

3.1                       Articles  of  Incorporation   (2)

3.2                       Certificate  of  Amendment  (3)

3.3                       By-Laws  (2)

10.1                      Business  Plan  Purchase  Agreement     (2)

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 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 registration statement on Form SB-2
     filed on August 13, 2003, as amended, and incorporated herein by reference.

<PAGE>


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

(*) Filed as an Exhibit to this Quarterly Report  on  Form  10-QSB

b.     Reports  on  Form  8-K

     (1)  The  Company  filed  a  Form  8-K  on  May  27,  2004,  to  report the
client-auditor  relationship  between  the  Company  (at  that  time named Folix
Technologies,  Inc.) and Lancaster & David, Chartered Accountants, ceased as the
former  accountant  declined  to stand for re-election. The Company's management
engaged  Manning  Elliott,  Chartered  Accountants  as its principal independent
public  accountant  for  the  fiscal  year  ended  March  31,  2004.

     (2)  The  Company  filed  a  Form  8-K on June 14, 2004, to report that the
Company  changed  its  name  to  Dragon Gold Resources,  Inc.,  affected  a  7:1
forward  stock split, increased the amount of authorized  shares to Five Hundred
Million (500,000,000) shares of common stock, and  reauthorized  the  par  value
of  $.001  per  share  of  common  stock.  As  a  result of the name change, the
Registrant's  common  stock  began  trading  under  the new stock symbol "DRGO."

     (3)  The  Company  filed  a  Form  8-K  on  July  30,  2004,  to report the
acquisition of 100%  of  the  issued  and outstanding  common  stock  of  Dragon
Minerals  Holdings  Inc. in  exchange for 16,500,000 newly issued shares of  the
Company's  common  stock.








                                   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.
                                               (Registrant)
                                               By:  /s/  Johannes  Petersen
                                                    -------------------------
                                               Johannes  Petersen
Dated:  August  16, 2004                       Chief Executive Officer and
                                               Chief Financial Officer



<PAGE>


                                   EXHIBIT  31.1

CERTIFICATION  OF  CHIEF  EXECUTIVE  OFFICER  AND  PRINCIPAL  FINANCIAL  OFFICER
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 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 REPORT;

3.  BASED  ON  MY  KNOWLEDGE,  THE  FINANCIAL  STATEMENTS,  AND  OTHER FINANCIAL
INFORMATION INCLUDED IN THIS REPORT, FAIRLY PRESENT IN ALL MATERIAL RESPECTS THE
FINANCIAL  CONDITION, RESULTS OF OPERATIONS AND CASH FLOWS OF THE SMALL BUSINESS
ISSUER  AS  OF,  AND  FOR,  THE  PERIODS  PRESENTED  IN  THIS  REPORT;

4.  AS  THE  SMALL  BUSINESS  ISSUER'S  CERTIFYING OFFICER, I AM RESPONSIBLE FOR
ESTABLISHING  AND  MAINTAINING DISCLOSURE CONTROLS AND PROCEDURES (AS DEFINED IN
EXCHANGE  ACT  RULES  13A-15(E) AND 15D-15(E)) FOR THE SMALL BUSINESS ISSUER AND
HAVE:

A)   DESIGNED SUCH DISCLOSURE CONTROLS AND PROCEDURES, OR CAUSED SUCH DISCLOSURE
     CONTROLS AND PROCEDURES TO BE DESIGNED UNDER MY SUPERVISION, TO ENSURE THAT
     MATERIAL  INFORMATION  RELATING TO THE SMALL BUSINESS ISSUER, INCLUDING ITS
     CONSOLIDATED  SUBSIDIARIES,  IS  MADE  KNOWN  TO  ME BY OTHERS WITHIN THOSE
     ENTITIES,  PARTICULARLY  DURING  THE  PERIOD  IN WHICH THIS REPORT IS BEING
     PREPARED;

B)   PARAGRAPH  OMITTED IN ACCORDANCE WITH SEC TRANSITION INSTRUCTIONS CONTAINED
     IN  SEC  RELEASE  NO.  33-8238;

C)   EVALUATED  THE  EFFECTIVENESS  OF  THE  SMALL  BUSINESS ISSUER'S DISCLOSURE
     CONTROLS  AND  PROCEDURES AND PRESENTED IN THIS REPORT MY CONCLUSIONS ABOUT
     THE  EFFECTIVENESS OF THE DISCLOSURE CONTROLS AND PROCEDURES, AS OF THE END
     OF  THE  PERIOD  COVERED  BY  THIS  REPORT  BASED  ON  SUCH EVALUATION; AND


<PAGE>


D)   DISCLOSED IN THIS REPORT ANY CHANGE IN THE SMALL BUSINESS ISSUER'S INTERNAL
     CONTROL  OVER  FINANCIAL  REPORTING THAT OCCURRED DURING THE SMALL BUSINESS
     ISSUER'S  MOST  RECENT  FISCAL  QUARTER (THE SMALL BUSINESS ISSUER'S FOURTH
     FISCAL  QUARTER  IN  THE  CASE  OF  AN  ANNUAL  REPORT) THAT HAS MATERIALLY
     AFFECTED,  OR IS REASONABLY LIKELY TO MATERIALLY AFFECT, THE SMALL BUSINESS
     ISSUER'S  INTERNAL  CONTROL  OVER  FINANCIAL  REPORTING;  AND

5.  I  HAVE  DISCLOSED,  BASED  ON MY MOST RECENT EVALUATION OF INTERNAL CONTROL
OVER  FINANCIAL REPORTING, TO THE SMALL BUSINESS ISSUER'S AUDITORS AND THE AUDIT
COMMITTEE  OF  THE  SMALL  BUSINESS  ISSUER'S  BOARD  OF  DIRECTORS  (OR PERSONS
PERFORMING  THE  EQUIVALENT  FUNCTIONS):

ALL  SIGNIFICANT DEFICIENCIES AND MATERIAL WEAKNESSES IN THE DESIGN OR OPERATION
OF  INTERNAL  CONTROL  OVER  FINANCIAL  REPORTING WHICH ARE REASONABLY LIKELY TO
ADVERSELY  AFFECT  THE  SMALL  BUSINESS  ISSUER'S  ABILITY  TO  RECORD, PROCESS,
SUMMARIZE  AND  REPORT  FINANCIAL  INFORMATION;  AND

ANY  FRAUD, WHETHER OR NOT MATERIAL, THAT INVOLVES MANAGEMENT OR OTHER EMPLOYEES
WHO HAVE A SIGNIFICANT ROLE IN THE SMALL BUSINESS ISSUER'S INTERNAL CONTROL OVER
FINANCIAL  REPORTING.

DATE:  AUGUST  16,  2004


                                   BY:  /S/  JOHANNES  PETERSEN
                                   -------------------------------
                                   JOHANNES  PETERSEN,
                                   CHIEF  EXECUTIVE  OFFICER  AND
                                   CHIEF  FINANCIAL  OFFICER


<PAGE>


                                   EXHIBIT  32.1

     CERTIFICATION  OF  CHIEF  EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER
PURSUANT  TO  18  U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE
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  JUNE  30,  2004  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.

DATE:  AUGUST  16,  2004

                                   BY:  /S/  JOHANNES  PETERSEN
                                       ------------------------
                                       JOHANNES  PETERSEN,
                                       CHIEF  EXECUTIVE  OFFICER  AND
                                       CHIEF  FINANCIAL  OFFICER


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