**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      10-KSB**

| **|X|** | **ANNUAL                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934** |
|---------|------------------------------------------------------------------------------------------------------------------|

**:**
**December      31, 2006**

| **|_|** | **TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------|

**BLACKMONT      RESOURCES INC.**

| **Nevada**(State                or other jurisdiction of incorporation or organization) |   | **98-04994005**(I.R.S.                Employer Identification No.) |
|-----------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------|

| **609-475                Howe Street Vancouver, B.C.**(Address                of principal executive offices) |   | **V6C                2B3** (Zip                Code) |
|---------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------|

**Tel:      604-682-1643**

**NONE**

**      NONE**

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**TABLE      OF CONTENTS**

|                    |                                                                                                                                                                 |           |
|-------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------|
|                    | **PART                I**                                                                                                                                            |  **PAGE** |
|                    |                                                                                                                                                                 |           |
| ITEM                1.  | Description                of Business.                                                                                                                              | 3              |
| ITEM                2.  | Description                of Property.                                                                                                                              | 14             |
| ITEM                3.  | Legal                Proceedings.                                                                                                                                    | 14             |
| ITEM                4.  | Submission                of Matters to a Vote of Security Holders.                                                                                                  | 14             |
|                    |                                                                                                                                                                 |           |
|                    | **PART                II**                                                                                                                                           |           |
|                    |                                                                                                                                                                 |           |
| ITEM                5.  | Market                for Common Equity and Related Stockholder Matters.                                                                                             | 14             |
| ITEM                6.  | Management’s                Discussion and Analysis or Plan of Operations.                                                                                     | 17             |
| ITEM                7.  | Financials                Statements.                                                                                                                                | 21             |
| ITEM                8.  | Changes                In and Disagreements with Accountants on Accounting and Financial                Disclosure.                                                  | 21             |
| ITEM                8A. | Controls                and Procedures.                                                                                                                              | 21             |
|                    |                                                                                                                                                                 |           |
|                    | **PART                III**                                                                                                                                          |           |
|                    |                                                                                                                                                                 |           |
| ITEM                9.  | Directors,                Executive Officers, Promoters, Control Persons and Corporate Governance;                Compliance With Section 16(a) of the Exchange Act. | 22             |
| ITEM                10. | Executive                Compensation.                                                                                                                               | 24             |
| ITEM                11. | Security                Ownership of Certain Beneficial Owners and Management Related Stockholder                Matters.                                            | 26             |
| ITEM                12. | Certain                Relationships and Related Transactions, and Director                Independence.                                                             | 27             |
| ITEM                13. | Exhibits.                                                                                                                                                            | 29             |
| ITEM                14. | Principal                Accounting Fees and Services.                                                                                                               | 20             |
|                    |                                                                                                                                                                 |           |
| Signatures              |                                                                                                                                                                 | 32             |

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**ITEM      1. DESCRIPTION OF BUSINESS**

**Information      Regarding Forward Looking Statements**

**Organizational      History**

**Overview**

**Business      Overview**

*Glossary      of Mining Terms*

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|   | **Archean** | Of                or belonging to the earlier of the two divisions of Precambrian time,                from                approximately 3.8 to 2.5 billion years ago, marked by an atmosphere                with                little free oxygen, the formation of the first rocks and oceans,                and the                development of unicellular life. Of or relating to the oldest known                rocks,                those of the Precambrian Eon, that are predominantly igneous in                composition. |
|--------|-------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

|   | **Assaying**                         | Laboratory                examination that determines the content or proportion of a specific                metal                (i.e.: gold) contained within a sample. Technique usually involves                firing/smelting.                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|--------|--------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | **Conglomerate**                     | A                coarse-grained clastic sedimentary rock, composed of rounded to subangular                fragments larger than 2 mm in diameter (granules, pebbles, cobbles,                boulders) set in a fine-grained matrix of sand or silt, and commonly                cemented by calcium carbonate, iron oxide, silica, or hardened clay;                the                consolidated equivalent of gravel. The rock or mineral fragments                may be of                varied composition and range widely in size, and are usually rounded                and                smoothed from transportation by water or from wave                action. |
|   |                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | **Cratons**                          | Parts                of the Earth's crust that have attained stability, and have been                little                deformed for a prolonged period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   |                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | **Development****Stage**             | A                “development stage” project is one which is undergoing preparation of an                established commercially mineable deposit for its extraction but                which is                not yet in production. This stage occurs after completion of a feasibility                study.                                                                                                                                                                                                                                                                                                                                                      |
|   |                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | **Dolomite                Beds**     | Dolomite                beds are associated and interbedded with limestone, commonly representing                postdepositional replacement of limestone.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   |                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | **Doré**                        | unrefined                gold bullion bars containing various impurities such as silver, copper                and                mercury, which will be further refined to near pure                gold.                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|   |                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | **Dyke                or Dike**      | A                tabular igneous intrusion that cuts across the bedding or foliation                of the                country rock.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   |                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | **Exploration                Stage** | An                “exploration stage” prospect is one which is not in either the development                or production stage.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   |                                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | **Fault**                            | A                break in the continuity of a body of rock. It is accompanied by a                movement                on one side of the break or the other so that what were once parts                of one                continuous rock stratum or vein are now separated. The amount of                displacement of the parts may range from a few inches to thousands                of                feet.                                                                                                                                                                                                                                                        |

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|   | **Feldspathic**               | Said                of a rock or other mineral aggregate containing                feldspar.                                                                                                                                                                                                                                                                                                                                                                                               |
|--------|-------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Fold**                      | a                curve or bend of a planar structure such as rock strata, bedding                planes,                foliation, or cleavage                                                                                                                                                                                                                                                                                                                                             |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Foliation**                 | A                general term for a planar arrangement of textural or structural features                in any type of rock; esp., the planar structure that results from                flattening of the constituent grains of a metamorphic                rock.                                                                                                                                                                                                                       |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Formation**                 | a                distinct layer of sedimentary rock of similar                composition.                                                                                                                                                                                                                                                                                                                                                                                                 |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Gabbro**                    | A                group of dark-colored, basic intrusive igneous rocks composed principally                of basic plagioclase (commonly labradorite or bytownite) and clinopyroxene                (augite), with or without olivine and orthopyroxene; also, any member                of                that group. It is the approximate intrusive equivalent of basalt.                Apatite                and magnetite or ilmenite are common accessory                minerals. |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Geochemistry**              | the                study of the distribution and amounts of the chemical elements in                minerals, ores, rocks, solids, water, and the                atmosphere.                                                                                                                                                                                                                                                                                                               |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Geophysicist**              | one                who studies the earth; in particular the physics of the solid earth,                the                atmosphere and the earth’s magnetosphere.                                                                                                                                                                                                                                                                                                                  |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Geotechnical**              | the                study of ground stability.                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Gneiss**                    | A                foliated rock formed by regional metamorphism, in which bands or                lens-shaped strata or bodies of rock of granular minerals alternate                with                bands or lens-shaped strata or bodies or rock in which minerals having                flaky or elongate prismatic habits predominate.                                                                                                                                              |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Granitic**                  | Pertaining                to or composed of granite.                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   |                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | **Heap                Leach** | a                mineral processing method involving the crushing and stacking of                an ore on                an impermeable liner upon which solutions are sprayed that dissolve                metals                such as gold and copper; the solutions containing the metals are                then                collected and treated to recover the                metals.                                                                                         |

 

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|   | **Intrusions**                             | Masses                of igneous rock that, while molten, were forced into or between other                rocks.                                                                                                                                    |
|--------|--------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Kimberlite**                             | A                blue/gray igneous rock that contains olivine, serpentine, calcite                and                silica and is the principal original environment of                diamonds.                                                    |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Lamproite**                              | Dark-colored                igneous rocks rich in potassium and magnesium.                                                                                                                                                                           |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Lithospere**                             | The                solid outer portion of the Earth.                                                                                                                                                                                                 |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Mantle**                                 | The                zone of the Earth below the crust and above the core.                                                                                                                                                                             |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Mapped                or****Geological** | the                recording of geologic information such as the distribution and nature                of                rock                                                                                                                       |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Mapping**                                | units                and the occurrence of structural features, mineral deposits, and                fossil                localities.                                                                                                               |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Metavolcanic**                           | Said                of partly metamorphosed volcanic rock.                                                                                                                                                                                           |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Migmatite**                              | A                composite rock composed of igneous or igneous-appearing and/or metamorphic                materials that are generally distinguishable                megascopically.                                                               |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Mineral**                                | a                naturally formed chemical element or compound having a definite chemical                composition and, usually, a characteristic crystal                form.                                                                     |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Mineralization**                         | a                natural occurrence in rocks or soil of one or more metal yielding                minerals.                                                                                                                                          |
|   |                                       |                                                                                                                                                                                                                                                 |
|   | **Mineralized****Material**                | The                term “mineralized material” refers to material that is not included in the                reserve as it does not meet all of the criteria for adequate demonstration                for economic or legal extraction. |

 

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|   | **Mining**                          | Mining                is the process of extraction and beneficiation of mineral reserves                to                produce a marketable metal or mineral product. Exploration continues                during the mining process and, in many cases, mineral reserves are                expanded during the life of the mine operations as the exploration                potential of the deposit is realized.                                                                                                                                                                                                     |
|--------|-------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   | **Outcrop**                         | that                part of a geologic formation or structure that appears at the surface                of                the earth.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   |                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   | **Pipes**                           | Vertical                conduits.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   |                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   | **Plagioclase**                     | Any                of a group of feldspars containing a mixture of sodium and calcium                feldspars, distinguished by their extinction angles.                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   |                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   | **Probable                Reserve** | The                term “probable reserve” refers to reserves for which quantity and grade                and/or quality are computed from information similar to that used                for                proven (measured) reserves, but the sites for inspection, sampling,                and                measurement are farther apart or are otherwise less adequately spaced.                The                degree of assurance, although lower than that for proven reserves,                is high                enough to assume continuity between points of                observation. |
|   |                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   | **Production                Stage** | A                “production stage” project is actively engaged in the process of                extraction and beneficiation of mineral reserves to produce a marketable                metal or mineral product.                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   | **Proterozoic**                     | Of                or relating to the later of the two divisions of Precambrian time,                from                approximately 2.5 billion to 570 million years ago, marked by the                buildup                of oxygen and the appearance of the first multicellular eukaryotic                life                forms.                                                                                                                                                                                                                                                                                |

 

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|   | **Reserve**                  | The                term “reserve” refers to that part of a mineral deposit which could be                economically and legally extracted or produced at the time of the                reserve                determination. Reserves must be supported by a feasibility study                done to                bankable standards that demonstrates the economic extraction. (“Bankable                standards” implies that the confidence attached to the costs and                achievements developed in the study is sufficient for the project                to be                eligible for external debt financing.) A reserve includes adjustments                to                the in-situ tonnes and grade to include diluting materials and allowances                for losses that might occur when the material is mined. |
|--------|------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Sedimentary**              | Formed                by the deposition of sediment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Shear**                    | a                form of strain resulting from stresses that cause or tend to                cause                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |                         | contiguous                parts of a body of rock to slide relatively to each other in a direction                parallel to their plane of contact.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Sill**                     | A                concordant sheet of igneous rock lying nearly horizontal. A sill                may                become a dike or vice versa.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Strike**                   | the                direction or trend that a structural surface, e.g. a bedding or fault                plane, takes as it intersects the horizontal.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Strip**                    | to                remove overburden in order to expose ore.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Till**                     | Generally                unconsolidated matter, deposited directly by and underneath a glacier                without subsequent reworking by meltwater, and consisting of a mixture                of                clay, silt, sand, gravel, and boulders ranging widely in size and                shape.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Unconformably**            | Not                succeeding the underlying rocks in immediate order of age or not                fitting                together with them as parts of a continuous whole.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Vein**                     | a                thin, sheet like crosscutting body of hydrothermal mineralization,                principally quartz.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Wall                Rock** | the                rock adjacent to a vein.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

*Property      Acquisition Details*

*Land      Status, Topography, Location, and Access*

----

 

*Mining      Claims*

| BC                Tenure # | Work                Due Date  | Staking                Date | Total                Area (Ha.) |
|----------------------------|-------------------------------|-----------------------------|---------------------------------|
| 510868                     | April                17, 2006 |                        | 83.451                          |
| 523020                     | Nov.                30, 2006  |                        | 125.186                         |

*Geology      of the Mineral Claims*

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*Proposed      Program of Exploration*

----

*Cost      Estimates of Exploration Programs*

|     Reconnaissance                geological mapping, prospecting and rock sampling         |   | $ | 25,000.00 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---|-----------|--------|

| Detailed                geological mapping and rock sampling, grid construction, soil geochemical                survey, magnetometer survey, establish drill targets        |   | $ | 75,000.00 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---|-----------|--------|

| 1000                metres of diamond drilling including geological supervision,assays,                report                and other ancillary costs      |   | $ | 150,000.00 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---|------------|--------|

| **Total** |   | **$** | **250,000.00** |   |
|-----------|--------|-------|----------------|--------|

**Compliance      With Government Regulation**

**Employees**

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**RISK      FACTORS**

**Risks      related to Our financial results**

***WE      HAVE INCURRED LOSSES SINCE INCEPTION***
***,***
***HAVE      YET TO ATTAIN PROFITABLE OPERATIONS AND ANTICIPATE THAT WE WILL CONTINUE TO      INCUR LOSSES FOR THE FORESEEABLE FUTURE.***

|   | ཉ | attract                and retain our management and hire and retain qualified                employees; |
|--------|---------|----------------------------------------------------------------------------------------------------------|

|   | ཉ | successfully                engage in mineral exploration activities;                                                                                                                                                 |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |    |                                                                                                                                                                                                                  |
|   | ཉ | commercially                exploit the mineral deposits or reserves located on the                Property;                                                                                                          |
|   |    |                                                                                                                                                                                                                  |
|   | ཉ | identify                and commercially exploit gold and mineralized deposits economically                worthy                of continued production and/or subsequent development, mining or                sale |

|   | ཉ | integrate,                if at all, our alternative fuel operations;                                                                                                                    |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |    |                                                                                                                                                                                     |
|   | ཉ | successfully                implement the 3 Phases of our Business outlined in subsection                titled* *“Proposed                Program of Exploration;” and |

|   | ཉ | Maintain                sufficient volume of inflow of advertising                clients. |
|--------|---------|--------------------------------------------------------------------------------------------|

***WE      HAVE A LIMITED OPERATING HISTORY AND HAVE YET TO ATTAIN PROFITABLE OPERATIONS      AND BECAUSE WE WILL NEED ADDITIONAL FINANCING TO FUND THE EXPLORATION AND      FINDING OF COMMERCIALLY EXPLOITABLE MINERAL DEPOSITS OR RESERVES, OUR AUDITORS      BELIEVE THAT THERE IS SUBSTANTIAL DOUBT ABOUT OUR ABILITY TO CONTINUE AS A      GOING      CONCERN.***

***IF      WE DO NOT OBTAIN ADDITIONAL FINANCING, OUR BUSINESS WILL      FAIL.***

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***IF      WE DO NOT CONDUCT MINERAL EXPLORATION ON OUR MINERAL CLAIMS AND KEEP THE CLAIMS      IN GOOD STANDING, THEN OUR RIGHT TO THE MINERAL CLAIMS WILL LAPSE AND WE WILL      LOSE EVERYTHING THAT WE HAVE INVESTED AND EXPENDED TOWARDS THESE      CLAIMS.***

**Risks      Related To Our Business And Our Industry**

***OUR      COMPANY WAS RECENTLY FORMED, AND WE HAVE NOT PROVEN THAT WE CAN GENERATE A      PROFIT. IF WE FAIL TO GENERATE REVENUES AND INCOME AND ULTIMATE ACHIEVE      PROFITABILITY, AN INVESTMENT IN OUR SECURITIES MAY BE      WORTHLESS.***

***WE      HAVE NO OPERATING HISTORY. THERE CAN BE NO ASSURANCE THAT WE WILL BE SUCCESSFUL      IN GROWING OUR GOLD AND OTHER MINERAL EXPLORATION      ACTIVITIES.***

potential      for future growth in our mineral exploration activities will place additional      demands on our executive officers, and any increased scope of our operations      will present challenges due to our current limited management resources. Our      future performance will depend upon our management and their ability to locate      and negotiate additional exploration opportunities in which we are solely      involved or participate in as a joint venture partner. There can be no assurance      that we will be successful in our efforts. Our inability to locate additional      opportunities, to hire additional management and other personnel, or to enhance      our management systems, could have a material adverse effect on our results      of      operations. There can be no assurance that our operations will be      profitable.

***OUR      MANAGEMENT TEAM CONSISTS OF ONE MEMBER, MR. LORNE CHOMOS, OUR SOLE EXECUTIVE      OFFICER, AND WE ARE SOLELY GOVERNED BY TWO DIRECTORS, AS SUCH, THERE MAY BE      SIGNIFICANT RISK TO THE COMPANY FROM A CORPORATE GOVERNANCE      PERSPECTIVE.***

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***BECAUSE      OUR SOLE EXECUTIVE OFFICER, MR. LORNE CHOMOS, CONTROLS OVER 50% OF OUR      OUTSTANDING COMMON STOCK, INVESTORS MAY FIND THAT CORPORATE DECISIONS INFLUENCED      BY MR. CHOMOS ARE INCONSISTENT WITH THE BEST INTERESTS OF OTHER      STOCKHOLDERS.***

***WE      WILL NEED TO INCREASE THE SIZE OF OUR ORGANIZATION, AND MAY EXPERIENCE      DIFFICULTIES IN MANAGING GROWTH.***

***SINCE      MR. LORNE CHOMOS, OUR EXECUTIVE OFFICER AND A MEMBER OF OUR BOARD OF DIRECTORS,      IS NOT A RESIDENT OF THE UNITED STATES, IT MAY BE DIFFICULT TO ENFORCE ANY      LIABILITIES AGAINST HIM.***

***BECAUSE      MR. LORNE CHOMOS, OUR SOLE EXECUTIVE OFFICER HAS OTHER BUSINESS INTERESTS,      HE      MAY NOT BE ABLE OR WILLING TO DEVOTE A SUFFICIENT AMOUNT OF TIME TO OUR BUSINESS      OPERATIONS, CAUSING OUR BUSINESS TO FAIL.***

***THE      IMPRECISION OF MINERAL DEPOSIT ESTIMATES MAY PROVE ANY RESOURCE CALCULATIONS      THAT WE MAKE TO BE UNRELIABLE.***

***WE      ARE SENSITIVE TO FLUCTUATIONS IN THE PRICE OF GOLD AND OTHER MINERALS, WHICH      IS      BEYOND OUR CONTROL. THE PRICE OF GOLD AND OTHER METALS IS VOLATILE AND PRICE      CHANGES ARE BEYOND OUR CONTROL.***

***MINERAL      EXPLORATION AND PROSPECTING IS HIGHLY COMPETITIVE AND SPECULATIVE BUSINESS      AND      WE MAY NOT BE SUCCESSFUL IN SEEKING AVAILABLE      OPPORTUNITIES.***

***COMPLIANCE      WITH ENVIRONMENTAL CONSIDERATIONS AND PERMITTING COULD HAVE A MATERIAL ADVERSE      EFFECT ON THE COSTS OR THE VIABILITY OF OUR PROJECTS. THE HISTORICAL TREND      TOWARD STRICTER ENVIRONMENTAL REGULATION MAY CONTINUE, AND, AS SUCH, REPRESENTS      AN UNKNOWN FACTOR IN OUR PLANNING PROCESSES.***

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***MINING      AND EXPLORATION ACTIVITIES ARE SUBJECT TO EXTENSIVE REGULATION BY FEDERAL AND      PROVINCIAL GOVERNMENTS IN CANADA. FUTURE CHANGES IN GOVERNMENTS, REGULATIONS      AND      POLICIES, COULD ADVERSELY AFFECT OUR RESULTS OF OPERATIONS FOR A PARTICULAR      PERIOD AND OUR LONG-TERM BUSINESS PROSPECTS.***

***WE      ARE SUBJECT TO COMPLIANCE WITH SECURITIES LAW, WHICH EXPOSES US TO POTENTIAL      LIABILITIES, INCLUDING POTENTIAL RESCISSION RIGHTS .***

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**Risks      Related to this Offering and Our Common Stock**

***WE      MAY NEED ADDITIONAL CAPITAL THAT COULD DILUTE THE OWNERSHIP INTEREST OF      INVESTORS.***

***THERE      IS NO MARKET FOR OUR COMMON STOCK, WHICH LIMITS OUR SHAREHOLDERS' ABILITY TO      RESELL THEIR SHARES OR PLEDGE THEM AS COLLATERAL.***

***THE      SHARES OF COMMON STOCK ELIGIBLE FOR FUTURE SALE COULD NEGATIVELY AFFECT THE      MARKET PRICE OF OUR COMMON STOCK***

***IF      WE EVER ACHIEVE A LISTING OF OUR COMMON STOCK, OUR SHARES MAY QUALIFY AS PENNY      STOCK AND. AS SUCH, WE ARE SUBJECT TO THE RISKS ASSOCIATED WITH “PENNY STOCKS”.      REGULATIONS RELATING TO “PENNY STOCKS” LIMIT THE ABILITY OF OUR SHAREHOLDERS TO      SELL THEIR SHARES AND, AS A RESULT, OUR SHAREHOLDERS MAY HAVE TO HOLD THEIR      SHARES INDEFINITELY.***

 

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**ITEM      2. DESCRIPTION OF PROPERTY**

*Principal      Executive Offices *

*Oyster      Gold Property*

**ITEM      3. LEGAL PROCEEDINGS**

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

**PART      II**

**ITEM      5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDERS      MATTERS.**

**Market      Information**

**Holders**

**Dividends**

**Sales      of Unregistered Securities**

----

**Purchases      of Equity Securities by the Issuer and Affiliated      Purchasers**

**Equity      Compensation Plan Information**

| **Plan Category(1)**                                             |   | **Number of Shares to****Be Issued upon****Exercise of****Outstanding****Options, Warrants****and Rights)** |   | **Weighted-Average****Exercise Price of****Outstanding Options,****Warrants and Rights****(b)** |   | **Number of Shares****Remaining Available****for Future Issuance****Under Equity****Compensation Plans****(Excluding Shares****Reflected in****Column (a))****(c)** |   |
|-----------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                  |   |                                                                                                                                                |   |                                                                                                                     |   |                                                                                                                                                                                                                  |   |
| Equity                Compensation plans approved by stockholders     |   | N/A                                                                                                                                                 |   | N/A                                                                                                                      |   | N/A                                                                                                                                                                                                                   |   |
| Equity                Compensation plans not approved by stockholders |   | N/A                                                                                                                                                 |   | N/A                                                                                                                      |   | N/A                                                                                                                                                                                                                   |   |
| Total                                                                 |   | N/A                                                                                                                                                 |   | N/A                                                                                                                      |   | N/A                                                                                                                                                                                                                   |   |

**ITEM      6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF OPERATIONS**

**Overview**

----

* *

**Plan      Of Operations**

* *
 

|   | · | $1000.00                to be paid to the Provincial government to keep the claim                valid;                                                                                                                                                                                                                                                      |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | · | $25,000.00                in connection with the completion of Phase 1 of our recommended geological                work program;                                                                                                                                                                                                                            |
|   | · | $75,000.00                in connection with the completion of Phase 2 of our recommended geological                work program;                                                                                                                                                                                                                            |
|   | · | $150,000.00                in connection with the completion of Phase 3 of our recommended geological                work program; and                                                                                                                                                                                                                       |
|   | · | $20,000.00                for operating expenses, including professional legal and accounting                expenses associated with compliance with the periodic reporting                requirements after we become a reporting issuer under the Securities                Exchange Act of 1934, but excluding expenses of the                offering. |

**Results      Of Operations**

**Liquidity      And Capital Resources**

----

shareholders      or other sources to fund operations, may not be available, or if available,      may      be on terms unacceptable to us. Our ability to maintain sufficient liquidity      is      dependent on our ability to raise additional capital. If we issue additional      equity securities to raise funds, the ownership percentage of our existing      shareholders would be reduced. New investors may demand rights, preferences      or      privileges senior to those of existing holders of our common stock. Debt      incurred by us would be senior to equity in the ability of debt holders to      make      claims on our assets. The terms of any debt issued could impose restrictions      on      our operations. If adequate funds are not available to satisfy either short      or      long-term capital requirements, our operations and liquidity could be materially      adversely affected and we could be forced to cease operations.

**Recent      Accounting Pronouncements**

**ITEM      7. FINANCIAL STATEMENTS**

**ITEM      8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL      DISCLOSURE.**

**ITEM      8A. CONTROLS AND PROCEDURES.**

----

**PART      III**

**ITEM      9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS, CONTROL PERSONS AND CORPORATE      GOVERNANCE; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE      ACT.**

| **Name**                       |   | **Age** |   | **Position**                                                                                                                          | **Director                Since** |
|--------------------------------|--------|---------|--------|---------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------|
|                           |   |    |   |                                                                                                                                  |                              |
| Lorne                Chomos(1) |   | 47      |   | Founder,                Chief Executive Officer, acting Chief Financial Officer, President                and                Director | March                2006         |

**Lorne      Chomos. **

**Board      Committees**

**Code      of Ethics**

**Compliance      with Section 16 of the Exchange Act.**

**ITEM      10. EXECUTIVE COMPENSATION**

**Summary      Compensation Table**

| **Name & Principal Position**                                                                                                                               |   | **Year**               |   | **Salary****($)** |   | **Bonus****($)** |   | **Stock****Awards****($)                (4)** |   | **Option****Awards ($) ** |   | **Non-Equity****Incentive ****Plan****Compens-****ation****($)** |   | **Change in ****Pension****Value and Non-****Qualified ****Deferred****Compensation****Earnings ($)** |   | **All****Other****Compensation****($) (1)** |   | **Total ($)** |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------|--------|-------------------|--------|------------------|--------|-----------------------------------------------|--------|-------------------------------------|--------|-----------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|--------|--------------------|--------|
|  **Lorne                Chomos**Founder,                Chief Executive Officer, acting Chief Financial Officer, President                and                Director (2) |   |   2006  |   | --           |   | --          |   | --                                       |   | **--**                         |   | --                                                               |   | --                                                                                                                             |   | --                                          |   | --            |   |

----

any      contract, agreement, plan or arrangement, whether written or unwritten, that      provides for payment(s) to any of our named executive officers at, following,      or      in connection with the resignation, retirement or other termination of any      of      our named executive officers, or in connection with the change in control of      our      company or a change in any of our named executive officers’ responsibilities      following a change in control, with respect to each of our named executive      officers.

**OUTSTANDING      EQUITY AWARDS AT FISCAL YEAR-END**

| **Option Awards**          |   | **Stock Awards**                                                                        |   |
|---------------------------------|--------|----------------------------------------------------------------------------------------------|--------|
| **Name**                        |   | **Number****of****Securities****Underlying****Unexercised****Options****(#)****Exercisable** |   | **Number****of****Securities****Underlying****Unexercised****Options****(#)****Unexercisable** |   | **Equity****Incentive****Plan****Awards:****Number****of****Securities****Underlying****Unexercised****Unearned****Options****(#)** |   | **Option****Exercise****Price****($)** |   | **Option****Expiration****Date** |   | **Number****of Shares****or Units****of Stock****That****Have****Not****Vested****(#)** |   | **Market****Value****of****Shares****or****Units****of****Stock****That****Have****Not****Vested****($)** |   | **Equity****Incentive****Plan****Awards:****Number****of****Unearned****Shares,****Units or****Other****Rights****That****Have****Not****Vested****(#)** |   | **Equity****Incentive****Plan Awards:****Market or****Payout****Value****of****Unearned****Shares,****Units or****Other****Rights****That Have****Not****Vested****($)** |   |
| **Lorne                Chomos** |   | ---                                                                                          |   | --- |   | — |   | --- |   | — |   | — |   | — |   | — |   | — |   |

**Employment      Agreements**

*None:      *

**Director      Compensation**

| **Name****(a)**                     |   | **Fees****Earned****or ****Paid****in ****Cash****($)****(b)** |   | **Stock****Awards****($)****(c)** |   | **Option****Awards****($)****(d)** |   | **Non-Equity****Incentive ****Plan****Compensation****($)****(e)** |   | **Change in****Pension Value****and ****Nonqualified****Deferred****Compensation****Earnings****(f)** |   | **All Other****Compensation****($)****(g) (3)** |   | **Total****($)****(h)** |   |
|-------------------------------------|--------|--------------------------------------------------------------------------|--------|-----------------------------------|--------|------------------------------------|--------|-------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------|--------|-------------------------|--------|
| **Lorne                Chomos (1)** |   | —                                                                  |   | —                           |   | —                            |   | —                                                                 |   | —                                                                                                              |   | —                                                   |   | —                 |   |

**ITEM      11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND      MANAGEMENT**

----

| **Name                and address of****owner** | **Title                of Class** | **Capacity                with****Company**                                                                                           | **Number                of Shares****Beneficially                Owned****(1)** | **Percentage                of Class** |
|-------------------------------------------------|-----------------------------------|---------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------|----------------------------------------|
| Lorne                Chomos                | Common                Stock       | Founder,                Chief Executive Officer, acting Chief Financial Officer, President                and                Director | 5,000,000                                                                       | 100%                                   |

**Equity      Compensation Table**

| **Plan Category(1)**                                             |   | **Number of Shares to****Be Issued upon****Exercise of****Outstanding****Options, Warrants****and Rights)** |   | **Weighted-Average****Exercise Price of****Outstanding Options,****Warrants and Rights****(b)** |   | **Number of Shares****Remaining Available****for Future Issuance****Under Equity****Compensation Plans****(Excluding Shares****Reflected in****Column (a))****(c)** |   |
|-----------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                  |   |                                                                                                                                                |   |                                                                                                                     |   |                                                                                                                                                                                                                  |   |
| Equity                Compensation plans approved by stockholders     |   | N/A                                                                                                                                                 |   | N/A                                                                                                                      |   | N/A                                                                                                                                                                                                                   |   |
| Equity                Compensation plans not approved by stockholders |   | N/A                                                                                                                                                 |   | N/A                                                                                                                      |   | N/A                                                                                                                                                                                                                   |   |
| Total                                                                 |   | N/A                                                                                                                                                 |   | N/A                                                                                                                      |   | N/A                                                                                                                                                                                                                   |   |

**ITEM      12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS**

**Certain      Relationships and Related Transactions with Related Persons, Promoters and      Certain Control Persons**

**Review,      Approval or Ratification of Transactions with Related      Persons**

**Parents**

**Promoter      and Certain Control Persons**

----

**ITEM      13. EXHIBITS **

| The                following financial statements for Blackmont Resources Inc., are                filed as                a part of this Annual Report:    |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                        |   |
| For                the Years Ended December 31, 2006 and 2005                                                                                          | Page   |
|                                                                                                                                                        |   |
| Report                of Independent Registered Certified Public Accounting Firm                                                                            | F-2    |
| Balance                Sheets as of December 31, 2006 and December 31, 2005                                                                            | F-3    |
| Statements                of Operations for the years ended December 31, 2006 and December 31,                2005                                     | F-4    |
| Statement                of Changes in Stockholders’ Equity (Deficit) for the years ended December                31, 2006 and December 31, 2005 | F-5    |
| Statements                of Cash Flows for the years ended December 31, 2006 and December 31,                2005                                     | F-6    |
| Notes                to Financial Statements                                                                                                                | F-7    |
|                                                                                                                                                        |   |

| ExhibitNumber                                                                                                                                                              |   | Description                                                                                                                                                                                                                                                                                 |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3(i)                                                                                                                                                                       |   | Articles                of Incorporation of the Company dated April 7, 2006.                (1)                                                                                                                                                                                             |
|                                                                                                                                                                       |   |                                                                                                                                                                                                                                                                                        |
| 3(ii)                                                                                                                                                                      |   | By-laws                of the Company. (1)                                                                                                                                                                                                                                                  |
|                                                                                                                                                                       |   |                                                                                                                                                                                                                                                                                        |
| 10.1                                                                                                                                                                       |   | Asset                Purchase Agreement dated February 15, 2006, entered into by and between                James Laird and the Company (1)                                                                                                                                                 |
|                                                                                                                                                                       |   |                                                                                                                                                                                                                                                                                        |
|                                                                                                                                                                       |   |                                                                                                                                                                                                                                                                                        |
| 31.1                                                                                                                                                                       |   | Certification                by Chief Executive Officer and acting Chief Financial Officer required                by                Rule 13a-14(a) or Rule 15d-14(a) of the Exchange Act. *                                                                                                |
|                                                                                                                                                                       |   |                                                                                                                                                                                                                                                                                        |
| 32.1                                                                                                                                                                       |   | Certification                by Chief Executive Officer acting Chief Financial Officer required                by Rule                13a-14(b) or Rule 15d-14(b) of the Exchange Act and Section 1350                of                Chapter 63 of Title 18 of the United States Code. * |
|                                                                                                                                                                       |   |                                                                                                                                                                                                                                                                                        |
| *                Filed herewith.                                                                                                                                           |
| (1)                Incorporated by reference to the Company’s Registration Statement filed                with the SEC on Form SB-1 on July 20,                2006. |

**ITEM      14. PRINCIPAL ACCOUNTANT FEES AND SERVICES**

|                                       |   | December                31, 2006 |
|--------------------------------------------|--------|----------------------------------|
| Fee                Type                    |   |                             |
|                                       |   |                             |
| Audit                fees                  | $      | [3000]                           |
| Audit                related fees          |   | [_____]                          |
| Registration                statement fees |   | [1747]                           |
| Tax                fees                    |   | [_____]                          |
| All                other fees              |   | [_____]                          |
|                                       |   |                             |
| Total                fees                  | $      | [4747]                           |

----

----

**SIGNATURES**

|                                   |                                                                                                                                                                                |                                 |
|----------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------|
|                                   | **BLACKMONT              RESOURCES INC.**                                                                                                                                           |
|                              |                                                                                                                                                                           |                            |
| Date: April              24, 2007 | By:                                                                                                                                                                       | /s/ *Lorne              Chomos* |
|                                   | Lorne                Chomos                                                                                                                                                         |
|                                   | Chief                Executive Officer, President, acting Chief Financial Officer and                acting                Principal Accounting Officer and                Director |

** **

|                              |   |                                                            |   |                          |
|-----------------------------------|--------|-----------------------------------------------------------------|--------|-------------------------------|
| **Signature**                     |   | **Title**                                                       |   | **Date**                      |
|                              |   |
| */s/                Lorne Chomos* |   | Chief                Executive Officer, President,              |   | April                24, 2007 |
|  Lorne                Chomos |   | acting                Chief Financial Officer, acting Principal |   |                          |
|                              |   | Accounting                Officer and Director                  |   |                          |
|                              |   |                                                            |   |                          |

----

**BLACKMONT      RESOURCES INC.**

** **
**INDEX TO FINANCIAL STATEMENTS**

| For                the Years Ended December 31, 2006 and 2005                                                                               | Page   |
|--------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                             |   |
| Report                of Independent Registered Certified Public Accounting Firm                                                                 | F-2    |
| Balance                Sheets as of December 31, 2006 and December 31, 2005                                                                 | F-3    |
| Statements                of Operations for the years ended December 31, 2006 and December 31,                2005                          | F-4    |
| Statement                of Stockholders’ Equity (Deficit) for the years ended December 31, 2006                and December 31, 2005 | F-5    |
| Statements                of Cash Flows for the years ended December 31, 2006 and December 31,                2005                          | F-6    |
| Notes                to Financial Statements                                                                                                     | F-7    |
|                                                                                                                                             |   |

----

**Report      Of Independent Registered Public Accounting Firm**

**MOORE      & ASSOCIATES, CHARTERED**

* *
*ACCOUNTANTS      AND ADVISORS*

*PCAOB      REGISTERED*

*2675      S. Jones Blvd. Suite 109, Las Vegas, NV 89146 (702) 253-7511 Fax (702)      253-7501*

----

**BLACKMONT      RESOURCES INC.**

|                                                                                                                         |   | **As                  of**             |    |
|------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------|---------|
|                                                                                                                         |   | **December                  31, 2006** |    |
|                                                                                                                         |   |                                   |    |
| ASSETS                                                                                                                       |   |                                   |    |   |
| Current                  Assets                                                                                              |   |                                   |    |   |
| Cash                  and Equivalents                                                                                        |   |                                   | 36,588  |   |
| Total                  Current Assets                                                                                        |   |                                   | 36,588  |   |
|                                                                                                                         |   |                                   |    |   |
| Fixed                  Asstes                                                                                                |   |                                   |    |   |
| Total                  Fixed Assets                                                                                          |   |                                   | 0       |   |
|                                                                                                                         |   |                                   |    |   |
| Total                  Assets                                                                                                |   |                                   | 36,588  |   |
|                                                                                                                         |   |                                   |    |   |
| LIABILITIES                                                                                                                  |   |                                   |    |   |
| Accounts                  Payable                                                                                            |   |                                   | 5,502   |   |
| Total                  Current Liabilities                                                                                   |   |                                   | 5,502   |   |
|                                                                                                                         |   |                                   |    |   |
| Long                  term Liabilities                                                                                       |   |                                   | 36,588  |   |
|                                                                                                                         |   |                                   |    |   |
| Total                  Liabilities                                                                                           |   |                                   | 42,090  |   |
|                                                                                                                         |   |                                   |    |   |
| EQUITY                                                                                                                       |   |                                   |    |   |
| 75,000,00                  Common Shares Authorized, 5,000,000Shares                  Issued at Founders, @ $0.001 Per Share |   |                                   | 5,000   |   |
| Retained                  Earnings (Loss)                                                                                    |   |                                   | (10,502 | ) |
| Total                  Stockholders Equity                                                                                   |   |                                   | (5,502  | ) |
|                                                                                                                         |   |                                   |    |   |
| TOTAL                  LIABILITIES AND SHAREHOLDERS EQUITY                                                                   |   |                                   | 36,588  |   |
|                                                                                                                         |   |                                   |    |   |

----

**BLACKMONT        RESOURCES INC.**

|                                                |   |                                               |      |                                                                                |   |
|-----------------------------------------------------|--------|----------------------------------------------------|-----------|-------------------------------------------------------------------------------------|--------|
|                                                |   |                                               |      |                                                                                |   |
|                                                |   |                                               |      |                                                                                |   |
|                                                |   |                                               |      |                                                                                |   |
|                                                |   | **For                the year ended December 31,** |      | **From                inception (April 7, 2006)****to                December 31,** |   |
|                                                |   | **2006**                                           |      | **2006**                                                                            |   |
| Revenue                                             |   | 0                                                  |      | 0                                                                                   |   |
|                                                |   |                                               |      |                                                                                |   |
| Expenses                                            |   |                                               |      |                                                                                |   |
| Recognition                of an Impairment Loss    |   |                                               |      |                                                                                |   |
| (Mineral                Claims)                     |   |                                               | 5,000     |                                                                                |   | 5,000 |   |
| Accounting                & Legal Fees          |   |                                               | 3,000     |                                                                                |   | 3,000 |   |
| Professional                Fees                    |   |                                               | 1,747     |                                                                                |   | 1,747 |   |
| Incorporation                                       |   |                                               | 755       |                                                                                |   | 755 |   |
| Total                Expenses                       |   |                                               | 10,502    |                                                                                |   | 10,502 |   |
|                                                |   |                                               |      |                                                                                |   |   |   |
| Net                Income (Loss)                    |   |                                               | (10,502   | )                                                                                   |   | (10,502 | ) |
|                                                |   |                                               |      |                                                                                |   |   |   |
| Basic                & Diluted (Loss) per Share |   |                                               | (0.002    | )                                                                                   |   | (0.002 | ) |
|                                                |   |                                               |      |                                                                                |   |   |   |
|                                                |   |                                               |      |                                                                                |   |   |   |
| Weighted                Average Number of Shares    |   |                                               | 5,000,000 |                                                                                |   | 5,000,000 |   |
|                                                |   |                                               |      |                                                                                |   |   |   |
|                                                |   |                                               |      |                                                                                |   |   |   |
|                                                |   |                                               |      |                                                                                |   |   |   |

----

**BLACKMONT      RESOURCES INC.**

|                                                           |   |   |                                    |   |   |              |   |        |                                             |   |   |
|----------------------------------------------------------------|--------|--------|-----------------------------------------|--------|--------|-------------------|--------|--------|--------------------------------------------------|--------|--------|
|                                                           |   |   |                                    |   |   |              |   |   | **Deficit****Accumulated****During**   |   |   |   |   |
|                                                           |   |   | **Common                  Stock**  |   |   | **Capital**  |   |   | **Development**                                  |   |   | **Total** |   |
|                                                           |   |   | **Shares**                         |   |   | **Amount**        |   |   | **Paid                  in**                     |   |   | **Stage** |   |   | **Equity** |   |
|                                                                |   |   |                                    |   |   |              |   |   |                                             |   |   |   |   |   |   |   |
|                                                           |   |   |                                    |   |   |              |   |   |                                             |   |   |   |   |   |   |   |
|                                                                |   |   |                                    |   |   |              |   |   |                                             |   |   |   |   |   |   |   |
| Shares                  issued to founders at $0.001 per share |   |   | 5,000,000                               |   |   | 5,000             |   |   |                                             |   |   |   |   |   | 5,000 |   |
|                                                           |   |   |                                    |   |   |              |   |   |                                             |   |   |   |   |   |   |   |
| Net                  (Loss) for period                         |   |   |                                    |   |   |              |   |   |                                             |   |   | (10,502 | ) |   | (10,502 | ) |
| Balance,                  December 31, 2006                    |   |   | 5,000,000                               |   |   | 5,000             |   |   | 0                                                |   |   | (10,502 | ) |   | (5,502 | ) |
|                                                           |   |   |                                    |   |   |              |   |   |                                             |   |   |   |   |   |   |   |
|                                                           |   |   |                                    |   |   |              |   |   |                                             |   |   |   |   |   |   |   |

----

**BLACKMONT      RESOURCES INC.**

|                                                                                               |   |                                               |       |                                                                                |   |
|----------------------------------------------------------------------------------------------------|--------|----------------------------------------------------|------------|-------------------------------------------------------------------------------------|--------|
|                                                                                               |   |                                               |       |                                                                                |   |
|                                                                                               |   |                                               |       |                                                                                |   |
|                                                                                               |   |                                               |       |                                                                                |   |
|                                                                                               |   | **For                the year ended December 31,** |       | **From                inception (April 7, 2006)****to                December 31,** |   |
|                                                                                               |   | **2006**                                           |       | **2006**                                                                            |   |
| Cash                Flow From Operating Activities                                                 |   |                                               |       |                                                                                |   |
| Net                Income (Loss)                                                                   |   | (10,502)                                           |       | (10,502)                                                                            |   |
| Accounts                Payable                                                                    |   |                                               | 5,502      |                                                                                |   | 5,502 |   |
| **Net                Cash from Operating Activities**                                              |   |                                               | (5,000     | )                                                                                   |   | (5,000 | ) |
|                                                                                               |   |                                               |       |                                                                                |   |   |   |
| **Net                Cash after Operating Activities.**                                            |   |                                               | **(5,000** | **)**                                                                               |   | **(5,000** | **)** |
|                                                                                               |   |                                               |       |                                                                                |   |   |   |
| Cash                Flow From Investing Activities                                                 |   |                                               | 0          |                                                                                |   | 0 |   |
| **Net                Cash from Financing Activities**                                              |   |                                               | 0          |                                                                                |   | 0 |   |
|                                                                                               |   |                                               |       |                                                                                |   |   |   |
| **Net                Cash after Operating****and                Financial Activities**             |   |                                               | **(5,000** | **)**                                                                               |   | **(5,000** | **)** |
|                                                                                               |   |                                               |       |                                                                                |   |   |   |
| Cash                Flow from Financing Activities                                                 |   |                                               |       |                                                                                |   |   |   |
| 5,000,000                Common Shares Issued at Founders@                $0.001 Per Share         |   |                                               | 5,000      |                                                                                |   | 5,000 |   |
| Loan                from Shareholder                                                               |   |                                               | 36,588     |                                                                                |   | 36,588 |   |
| **Net                Cash from Investing Activities**                                              |   |                                               | 41,588     |                                                                                |   | 41,588 |   |
|                                                                                               |   |                                               |       |                                                                                |   |   |   |
| **Net                Cash After Operating, Financial****and                Investing Activities.** |   |                                               | **36,588** |                                                                                |   | **36,588** |   |
|                                                                                               |   |                                               |       |                                                                                |   |   |   |
| Cash                at Beginning of Period                                                         |   |                                               | 0          |                                                                                |   | 0 |   |
| **Cash                at end of Period**                                                           |   |                                               | **36,588** |                                                                                |   | **36,588** |   |
|                                                                                                    |   |                                               |       |                                                                                |   |   |   |

----

|                                |   | **As                of**             |   |
|-------------------------------------|--------|--------------------------------------|--------|
|                                |   | **December                31, 2006** |   |
|                                |   |                                 |   |
| ASSETS                              |   |                                 |   |   |
| Current                Assets       |   |                                 |   |   |
| Cash                and Equivalents |   |                                 | -      |   |
| Total                Current Assets |   |                                 | -      |   |
|                                |   |                                 |   |   |
| Fixed                Asstes         |   |                                 |   |   |
| Total                Fixed Assets   |   |                                 | 0      |   |
|                                |   |                                 |   |   |
| Total                Assets         |   |                                 | 0      |   |

|                                             |   | **For                the year ended December 31,**  |    |                **From                inception (April 7, 2006)****to                December 31,** |   |
|--------------------------------------------------|--------|----------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------|--------|
|                                             |   | **2006**                                                 |    | **2006**                                                                                                |   |
| Revenue                                          |   | 0                                                        |    | 0                                                                                                       |   |
|                                             |   |                                                     |    |                                                                                                    |   |
| Expenses                                         |   |                                                     |    |                                                                                                    |   |
| Recognition                of an Impairment Loss |   |                                                     |    |                                                                                                    |   |
| (Mineral                Claims)                  |   |                                                     | 5,000   |                                                                                                    |   | 5,000 |   |
| Accounting                & Legal Fees       |   |                                                     | 3,000   |                                                                                                    |   | 3,000 |   |
| Professional                Fees                 |   |                                                     | 1,747   |                                                                                                    |   | 1,747 |   |
| Incorporation                                    |   |                                                     | 755     |                                                                                                    |   | 755 |   |
| Total                Expenses                    |   |                                                     | 10,502  |                                                                                                    |   | 10,502 |   |
|                                             |   |                                                     |    |                                                                                                    |   |   |   |
| Net                Income (Loss)                 |   |                                                     | (10,502 | )                                                                                                       |   | (10,502 | ) |

----

|                                                  |   |                                                 |      |                                                                                    |   |
|-------------------------------------------------------|--------|------------------------------------------------------|-----------|-----------------------------------------------------------------------------------------|--------|
|                                                  |   |                                                 |      |                                                                                    |   |
|                                                  |   |                                                 |      |                                                                                    |   |
|                                                  |   |                                                 |      |                                                                                    |   |
|                                                  |   | **For                  the year ended December 31,** |      | **From                  inception (April 7, 2006)****to                  December 31,** |   |
|                                                  |   | **2006**                                             |      | **2006**                                                                                |   |
|                                                  |   |                                                 |      |                                                                                    |   |   |   |
| Net                  Income (Loss)                    |   |                                                 | (10,502   | )                                                                                       |   | (10,502 | ) |
|                                                  |   |                                                 |      |                                                                                    |   |   |   |
| Basic                  & Diluted (Loss) per Share |   |                                                 | (0.002    | )                                                                                       |   | (0.002 | ) |
|                                                  |   |                                                 |      |                                                                                    |   |   |   |
|                                                  |   |                                                 |      |                                                                                    |   |   |   |
| Weighted                  Average Number of Shares    |   |                                                 | 5,000,000 |                                                                                    |   | 5,000,000 |   |
|                                                  |   |                                                 |      |                                                                                    |   |   |   |
|                                                  |   |                                                 |      |                                                                                    |   |   |   |
|                                                  |   |                                                 |      |                                                                                    |   |   |   |

|  ash and equivalents |  $0.00 |
|---------------------------|-------------|

|                                         |   | **As                    of**             |   |
|----------------------------------------------|--------|------------------------------------------|--------|
|                                         |   | **December                    31, 2006** |   |
|                                         |   |                                     |   |
|                                         |   |                                     |   |   |
| LIABILITIES                                  |   |                                     |   |   |
| Accounts                    Payable          |   |                                     | 5,502  |   |
| Total                    Current Liabilities |   |                                     | 5,502  |   |
|                                         |   |                                     |   |   |
| Long                    term Liabilities     |   |                                     | 36,588 |   |
|                                         |   |                                     |   |   |
| Total                    Liabilities         |   |                                     | 42,090 |   |

----

| NOTE                3 - | GOING                CONCERN |
|-------------------------|------------------------------|