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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                  FORM 10-QSB

[X]   Quarterly Report pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934

      For the quarterly period ended   August 31, 2006
                                      ------------------

[ ]   Transition Report pursuant to 13 or 15(d) of the Securities Exchange
      Act of 1934

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

      Commission File Number    333-125695
                            -----------------

                           NOVA RESOURCES INC.
    -----------------------------------------------------------------------
       (Exact name of small Business Issuer as specified in its charter)

          Nevada                                       Pending
---------------------------------           -------------------------------
(State or other jurisdiction of           (IRS Employer Identification No.)
 incorporation or organization)

102 West One Panorama
18 Fitzwilliam Street, Sheffield, England                S1 4JQ
----------------------------------------      -----------------------------
(Address of principal executive offices)          (Postal or Zip Code)


Issuer's telephone number, including area code: 44-796-817-1519
                                                --------------------------

                                      N/A
    -----------------------------------------------------------------------
     (Former name, former address and former fiscal year, if changed since
                                 last report)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act of 1934  during the  preceding  12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [ X ] Yes [ ] No

Indicate by check mark whether the registrant is a shell company (as defined  in
Rule 12b-2 of the Exchange Act). [  ]  Yes    [ X ] No

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest  practicable date:  8,200,000 shares of $0.001 par value
common stock outstanding as of October 16, 2006.


<page>












                               NOVA RESOURCES INC.

                        (A Pre-exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                                 August 31, 2006

                             (Stated in US Dollars)

                                   (Unaudited)













<page>



                               NOVA RESOURCES INC.
                        (A Pre-exploration Stage Company)
                             INTERIM BALANCE SHEETS
                      August 31, 2006 and February 28, 2006
                             (Stated in US Dollars)
                                   (Unaudited)
<table>
<caption>
                                                                                       August 31,       February 28,
                                      ASSETS                                             2006              2006
                                      ------                                              ----              ----

                                                                                 <c>              <c>
Current
    Cash                                                                            $        8,328    $        17,714
                                                                                    ==============    ===============

                                   LIABILITIES
                                   -----------
Current
    Accounts payable and accrued liabilities                                        $       28,401    $        23,550
                                                                                    --------------    ---------------

                            STOCKHOLDERS' DEFICIENCY
                            ------------------------
Capital stock
    Authorized:
           75,000,000  common shares, par value $0.001 per share
    Issued and outstanding:
            8,200,000  common shares (February 28, 2006: 8,200,000 common shares)
                                                                                             8,200              8,200
Additional paid-in capital - Note 4                                                         55,200             50,700
Deficit accumulated during the pre-exploration stage                                       (83,473)           (64,736)
                                                                                    --------------    ---------------

                                                                                           (20,073)            (5,836)
                                                                                    --------------    ---------------

                                                                                    $        8,328    $        17,714
                                                                                    ==============    ===============

</table>



                             SEE ACCOMPANYING NOTES

<page>

                               NOVA RESOURCES INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF OPERATIONS
               for the three and six months ended August 31, 2006
           and for the period November 4, 2004 (Date of Inception) to
                                 August 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)
<table>
<caption>
                                                                                                                     November 4,
                                                                                                                    2004 (Date of
                                                    Three months ended                  Six months ended            Inception) to
                                                        August 31,                         August 31,                 August 31,
                                                  2006              2005             2006              2005              2006
                                                  ----              ----             ----              ----              ----

                                        <c>               <c>               <c>              <c>                <c>
Expenses
    Accounting and audit fees               $         4,293   $         1,530  $         6,770   $         3,500   $      24,763
    Bank charges                                         47                47               67               145             549
    Filing                                              643             2,103            1,205             2,170           4,336
    Legal fees                                            -             2,000                -             4,530          19,030
    Management fees - Note 3                          1,500             1,500            3,000             3,000          11,000
    Mineral property acquisition and
     exploration costs                                5,000             5,000            5,000             5,000          17,000
    Office and miscellaneous - Note 3                   750               750            2,695             1,500           6,795
                                            ---------------   ---------------  ---------------   --------------- ---------------

Net loss for the period                     $       (12,233)  $       (12,930) $       (18,737)  $       (19,845)  $     (83,473)
                                            ===============   ===============  ===============   =============== ===============

Basic and diluted loss per share            $         (0.00)  $         (0.00) $         (0.00)  $         (0.00)
                                            ===============   ===============  ===============   ===============

Weighted average number of shares outstanding     8,200,000         8,200,000        8,200,000         8,200,000
                                            ===============   ===============  ===============   ===============
</table>



                             SEE ACCOMPANYING NOTES

<page>

                               NOVA RESOURCES INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF CASH FLOWS
                for the six months ended August 31, 2006 and 2005
           and for the period November 4, 2004 (Date of Inception) to
                                 August 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)
<table>
<caption>
                                                                                                                    November 4,
                                                                                                                   2004 (Date of
                                                                                      Six months ended             Inception) to
                                                                                         August 31,                 August 31,
                                                                                   2006              2005              2006
                                                                                   ----              ----              ----
              
                                                           <c>                <c>              <c>
               Cash Flows used in Operating Activities
                   Net loss for the period                                   $       (18,737)  $       (19,845)  $      (83,473)
                   Add item not involving cash:
                      Donated services and rent                                        4,500             4,500           16,500
                   Change in non-cash working capital balances
                    related to operations:
                      Accounts payable and accrued liabilities                         4,851            (1,172)          28,401
                      Advances payable                                                     -              (800)               -
                                                                             ---------------   ---------------   --------------

               Net cash used in operating activities                                  (9,386)          (17,317)         (38,572)
                                                                             ---------------   ---------------   --------------

               Financing Activity
                   Issuance of common shares                                               -                 -           46,900
                                                                             ---------------   ---------------   --------------

               Increase (decrease) in cash during the period                          (9,386)          (17,317)           8,328

               Cash, beginning of period                                              17,714            40,279                -
                                                                             ---------------   ---------------   --------------

               Cash, end of period                                           $         8,328   $        22,962   $        8,328
                                                                             ===============   ===============   ==============
</table>



                             SEE ACCOMPANYING NOTES

<page>

                               NOVA RESOURCES INC.
                        (A Pre-exploration Stage Company)
                   INTERIM STATEMENTS OF STOCKHOLDERS' EQUITY
              (DEFICIENCY) for the period November 4, 2004 (Date of
                          Inception) to August 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)
<table>
<caption>
                                                                                                   Deficit
                                                                                                 Accumulated
                                                       Common Shares            Additional        During the
                                             --------------------------------    Paid-in       Pre-exploration
                                                  Number        Par Value        Capital            Stage             Total
                                                  ------        ---------        -------            -----             -----

                                          <c>              <c>              <c>              <c>               <c>
Capital stock issued for cash  - at $0.001        4,900,000   $        4,900   $            -   $            -     $      4,900
                               - at $0.01         3,200,000            3,200           28,800                -           32,000
                               - at $0.10           100,000              100            9,900                -           10,000
Donated services and rent                                 -                -            3,000                -            3,000
Net loss for the period                                   -                -                -          (18,821)         (18,821)
                                            ---------------   --------------   --------------   --------------     ------------

Balance, February 28, 2005                        8,200,000            8,200           41,700          (18,821)          31,079

Donated services and rent                                 -                -            9,000                -            9,000
Net loss for the year                                     -                -                -          (45,915)         (45,915)
                                            ---------------   --------------   --------------   --------------     ------------

Balance, February 28, 2006                        8,200,000            8,200           50,700          (64,736)          (5,836)

Donated services and rent                                 -                -            4,500                -            4,500
Net loss for the period                                   -                -                -          (18,737)         (18,737)
                                            ---------------   --------------   --------------   --------------     ------------

Balance, August 31, 2006                          8,200,000   $        8,200   $       55,200   $      (83,473)    $    (20,073)
                                            ===============   ==============   ==============   ==============     ============
</table>



                             SEE ACCOMPANYING NOTES

<page>

                               NOVA RESOURCES INC.
                        (A Pre-exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                                 August 31, 2006
                             (Stated in US Dollars)
                                   (Unaudited)


Note 1        Interim Financial Statements
              ----------------------------
              While the information  presented in the accompanying six months to
              August 31, 2006 interim  financial  statements  is  unaudited,  it
              includes all adjustments  which are, in the opinion of management,
              necessary to present  fairly the  financial  position,  results of
              operations  and cash flows for the  interim  period  presented  in
              accordance with the accounting  principles  generally  accepted in
              the United States of America.  In the opinion of  management,  all
              adjustments  considered  necessary for a fair  presentation of the
              results of operations  and  financial  position have been included
              and all such adjustments are of a normal recurring  nature.  It is
              suggested that these  financial  statements be read in conjunction
              with the Company's February 28, 2006 financial statements.

              Operating results for the six months ended August 31, 2006 are not
              necessarily indicative of the results that can be expected for the
              year ending February 28, 2007.

Note 2        Continuance of Operations
              -------------------------
              These  financial  statements have been prepared in accordance with
              generally  accepted  accounting  principles  applicable to a going
              concern,  which  assumes that the Company will be able to meet its
              obligations  and  continue  its  operations  for its  next  twelve
              months.  Realization  values may be  substantially  different from
              carrying  values as shown and these  financial  statements  do not
              give effect to adjustments that would be necessary to the carrying
              values and  classification  of assets and  liabilities  should the
              Company be unable to  continue as a going  concern.  At August 31,
              2006, the Company had not yet achieved profitable operations,  has
              accumulated  losses of $83,473 since its inception,  has a working
              capital  deficiency of $20,073 and expects to incur further losses
              in the development of its business, all of which casts substantial
              doubt about the Company's  ability to continue as a going concern.
              The Company's  ability to continue as a going concern is dependent
              upon its ability to generate future  profitable  operations and/or
              to obtain the  necessary  financing  to meet its  obligations  and
              repay its liabilities arising from normal business operations when
              they come due.  Management  has no formal plan in place to address
              this concern but considers that the Company will be able to obtain
              additional   funds  by  equity   financing  and/or  related  party
              advances,  however  there is no  assurance of  additional  funding
              being available.

              The Company was incorporated in the State of Nevada on November 4,
              2004.

<page>

Nova Resources Inc.
(A Pre-exploration Stage Company)
Notes to the Interim Financial Statements
August 31, 2006
(Stated in US Dollars)
(Unaudited) - Page 2
 ---------

Note 3        Related Party Transactions
              --------------------------
              The President and director of the Company has provided  management
              services and office premises at no charge. The fair value of these
              services has been recorded as contributed surplus as follows:
<table>
<caption>
                                                                                                  November 4,
                                                             Six months        Six months        2004 (Date of
                                                                ended             ended          Inception) to
                                                             August 31,        August 31,          August 31,
                                                                2006              2005                2006
                                                                ----              ----                ----
            
                                           <c>               <c>               <c>
             Management fees                              $         3,000   $         3,000   $          11,000
             Office and Miscellaneous                               1,500             1,500              5,500
                                                          ---------------   ---------------   ----------------

                                                          $         4,500   $         4,500   $         16,500
                                                          ===============   ===============   ================
</table>

Note 4        Non-cash Transactions
              ---------------------
              Investing  and  financing  activities  that do not  have a  direct
              impact on current cash flows are excluded  from the  statements of
              cash  flows.  During  the six months  ended  August  31,  2006,  a
              director of the  Company  has  provided  management  services  and
              office   premises   with  a  fair  value  of  $3,000  and  $1,500,
              respectively, at no charge to the Company. The fair value has been
              recorded as additional  paid-in capital.  These  transactions were
              excluded from the statements of cash flows.

<page>

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

Plan of Operation

Our plan of  operation  for the next twelve  months is to  complete  any further
exploration  work on the Tryme  property  following our  consulting  geologist's
review of results from the recently  completed  phase two  exploration  program.
Until we receive the results of the phase two exploration  program,  we will not
have a budget for the phase three program.

As well, we anticipate  spending an additional  $15,000 on administrative  fees,
including  fees  payable  in  connection  with  reporting   obligations.   Total
expenditures over the next 12 months are therefore expected to be $15,000,  plus
the necessary  expenditures for any recommended phase three exploration  program
on the Tryme property.

We will require additional funding in order to proceed with exploration to cover
administrative  expenses.  We anticipate that additional  funding will be in the
form of equity  financing  from the sale of our  common  stock or from  director
loans. We do not have any  arrangements in place for any future equity financing
or loans.  Our  president  has been  providing  us with  funding  for our recent
administrative expenses.

Results Of Operations For Period Ending August 31, 2006

We did not earn any revenues during the six-month  period ended August 31, 2006.
We incurred operating expenses in the amount of $18,737 for the six-month period
ended August 31, 2006. Our operating expenses were comprised of mineral property
acquisition  and  exploration  costs of  $5,000,  accounting  and audit  fees of
$6,770,  donated  management fees recorded at $3,000,  office and  miscellaneous
costs of $2,695, filing fees of $1,205 and bank charges of $67. Our net loss for
the period ended August 31, 2006  decreased in  comparison to the same period in
fiscal 2005 due to a reduction in legal fees.  The legal fees we incurred in the
first  quarter  of  fiscal  2005  related  to a legal  opinion  commissioned  in
connection with the filing of our  registration  statement on Form SB-2 with the
Securities & Exchange Commission.

At August 31, 2006, we had total assets of $8,328,  consisting entirely of cash.
At the same date,  our  liabilities  consisted  of accounts  payable and accrued
liabilities of $28,401.

<page>

ITEM 3:  CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls

Our  management  evaluated  the  effectiveness  of our  disclosure  controls and
procedures  as of the  end of our  fiscal  quarter  on  August  31,  2006.  This
evaluation  was  conducted  by our chief  executive  officer  and our  principal
accounting officer, Alexander Craven.

Disclosure  controls  are  controls  and other  procedures  that are designed to
ensure that  information that we are required to disclose in the reports we file
pursuant  to  the  Securities  Exchange  Act of  1934  is  recorded,  processed,
summarized and reported.

Limitations on the Effective of Controls

Our  management  does not expect that our  disclosure  controls or our  internal
controls over  financial  reporting  will prevent all error and fraud. A control
system, no matter how well conceived and operated,  can provide only reasonable,
but no absolute,  assurance  that the  objectives  of a control  system are met.
Further, any control system reflects limitations on resources,  and the benefits
of a control system must be considered  relative to its costs. These limitations
also include the realities that judgments in  decision-making  can be faulty and
that  breakdowns  can occur  because of simple  error or mistake.  Additionally,
controls  can be  circumvented  by the  individual  acts  of  some  persons,  by
collusion of two or more people or by management override of a control. A design
of a control  system is also  based upon  certain  assumptions  about  potential
future conditions;  over time, controls may become inadequate because of changes
in conditions,  or the degree of compliance  with the policies or procedures may
deteriorate.  Because of the inherent  limitations in a  cost-effective  control
system, misstatements due to error or fraud may occur and may not be detected.

Conclusions

Based upon his  evaluation  of our  controls,  our chief  executive  officer and
principal  accounting  officer has concluded  that,  subject to the  limitations
noted  above,  the  disclosure  controls  are  effective  providing   reasonable
assurance that material  information  relating to us is made known to management
on a timely basis during the period when our reports are being  prepared.  There
were no  changes in our  internal  controls  that  occurred  during the  quarter
covered by this report that have materially  affected,  or are reasonably likely
to materially affect our internal controls.

<page>

PART II- OTHER INFORMATION

Item 1.  Legal Proceedings

We are not a party to any pending legal  proceeding.  Management is not aware of
any threatened litigation, claims or assessments.

Item 2.  Changes in Securities

We did not issue any securities during the quarter ended August 31, 2006.

Item 3. Defaults Upon Senior Securities

None.

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

None.

Item 5. Other Information

None.

Item 6. Exhibits and Report on Form 8-K

 31.1     Certification pursuant to Rule 13a-14(a) under the Securities
          Exchange Act of 1934
 31.2     Certification pursuant to Rule 13a-14(a) under the Securities
          Exchange Act of 1934
 32.1     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 32.2     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

SIGNATURES
----------

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

DATED:  October 16, 2006

Nova Resources Inc.

/s/ Alexander Craven
------------------------------
Alexander Craven, President