----

 

**
**UNITED STATES  SECURITIES  AND EXCHANGE COMMISSION  Washington,  D.C. 20549**            

OMB APPROVAL

OMB Number:                  

3235-0063

Expires:        

April  30, 2013

**FORM  10-K**
Estimated average burden 

hours per response:                     

2  ,102.90  

(Mark One)

:

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

For the fiscal period ended**February  28, 2010**

or

9

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

For the transition period from ________to ________

Commission File Number: **000-53420**

**SILLENGER EXPLORATION CORP.**

(Exact name of  registrant specified in its charter)

**Nevada**

N/A

(State of other jurisdiction of   incorporation or organization)

(I.R.S. Employer   Identification. No.)

**468  North Camden Dr., Suite 200, Los Angeles, CA**

**90210**

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area  code:

**(310) 860-5686**

Securities Registered under Section 12(b) of the  Exchange Act:

Title of each class

Name of each exchange  on which registered

**NOT  APPLICABLE**

**NOT  APPLICABLE**

Securities Registered  pursuant to Section 12(g) of the Act:

Title of each class

**Common  Stock $0.001 par value per share**

Indicate by check mark if the registrant is a  well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

9 Yes     :No

Indicate by check mark whether the registrant is not  required to file reports pursuant to Section 13 or 15(d) of the Act.

9 Yes      :  No

Indicate by check mark whether the registrant (1)  has filed all reports required to be filed by Section 13 or 15(d) of the  Securities Exchange Act of 1934 during the preceeding past 12 months (or for  such shorter period that the registrant was required to file such reports),  and (2) has been subject to such filing requirements for the past 90 days.

: Yes     9  No

i

Indicate by check mark whether the registrant has  submitted electronically and posted on its corporate Website, if any, every  Interactive Data File required to be submitted and posted pursuant to Rule  405 of Regulation S-T (§ 229.405 of this chapter) during the preceeding  12 months (or for such shorter period that the registrant was required to  submit and post such files). 

: Yes     9  No

Indicate by check mark if disclosure of delinquent  filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this  chapter) is not contained herein, and will not be contained, to the best of  registrant's knowledge, in definitive proxy or information statements  incorporated by reference in Part III of this Form 10-K or any amendment to  this Form 10-K.

9 Yes     :  No

Indicate by check mark whether the registrant is a  large accelerated filer, an accelerated filer, a non-accelerated filer, or a  smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and  "smaller reporting company"  in Rule 12b-2 of the Exchange Act.

Large accelerated filer

9

Accelerated filer

9

Non-accelerated filer

9

(Do not check if a smaller reporting company)

Smaller reporting company

:

Indicate by check mark whether the registrant is a  shell company (as defined in Rule 12b-2 of the Exchange Act).

:  Yes 9 No

State the aggregate market  value of the voting and non-voting common equity held by non-affiliates  computed by reference to the price at which the common equity was sold, or  the average bid and asked prices of such common equity, as of  last  business day of the registrant's  most recently completed second fiscal quarter.

**19,811,000 x $0.10 (August  31,2009 bid/ask price) =   $1,981,100**

**Not**e - If a determination as to  whether a particular person or entity is an affiliate cannot be made without  involving unreasonable effort and expense, the aggregate market value of the  common stock held by non-affiliates may be calculated on the basis of  assumptions under the circumstances, provided that the assumptions are set  forth in this Form.  

**APPLICABLE ONLY TO REGISTRANTS INVOLVED IN  BANKRUPTSY   PROCEEDINGS DURING THE PRECEDEING  FIVE YEARS:**

Indicate by check mark  whether the registrant has filed all  documents and reports required to be filed by Section 12, 13 or 15(d) of the  Exchange Act subsequent to the distribution of securities under a plan  confirmed by a court.     **N/A**

Yes 9    No  9

**(APPLICABLE  ONLY TO CORPORATE REGISTRANTS)**

Indicate number of shares outstanding of each of the  registrant's classes of common stock, as of the latest practicable  date.

**40,811,000  common shares issued and outstanding as of May 31, 2010**

**DOCUMENTS  INCORPORATED BY REFERENCE**

ii

**Table of Contents**

 
FORWARD LOOKING INFORMATION1PART I1 Item 1. Description of Business.1  General Development of Business 1  Our Business 1  Government Approvals and Regulations 2  
Research and Development Expenditures
2  
Costs and Effects of Compliance with Environmental Laws 
2  
Employees 
2  
Reports to Securities Holders 
2 
Item 1A. Risk Factors.
2 
Item 1B. Unresolved Staff Comments.
3 
Item 2. Description of Property.
3  
Bulkley Mineral Claims
3  
Description of Other Properties
7 
Item 3. Legal Proceedings.
7 Item 4. (Removed and Reserved)7  PART II7 
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
7  
Market Information 
7  
Holders of Common Stock 
8  
Dividend Policy 
8  
Equity Compensation Plan 
8  
Recent Sales of Unregistered Securities 
8 
Item 6. Selected Financial Data.
8 
Item 7. Management Discussion and Analysis or Plan of Operations.
9  
2010 Business Environment
9  
Results of Operation 
9  
Plan of Operations 
10 
Item 7A. Quantitive and Qualitive Disclosure About Market Risk.
11 Item 8. Financial Statements and Supplementary Data.11 Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure.21 
Item 9A. Controls and Procedures.
21  
*Attestation report of the registered public accounting firm*  
22  
*Changes in internal control over financial reporting* 
22  *Changes in Internal Controls* 22 Item 9a(T) - Controls And Procedures.22 
Item 9B. Other Information.
22    
PART III
22 
Item 10. Directors and Executive Officers, Promoters  and Corporate Governance.
22  
Identification of Directors and Executive Officers 
22  
Background of Officers and Directors 
22  
Term of Office 
23  
Conflicts of Interest
23  
Significant Employees 
23  
Involvement in Certain Legal Proceedings 
24  
Family Relationships 
24  Audit Committee Financial Expert24
 iii
  
No Nominating Committee 
24  
Compliance with Section 16(a) of the Securities Exchange Act of 1934 
24  Code of Ethics 25   Item 11. Executive Compensation.25  
Summary Compensation of Executive Officers 
25  
Compensation of Directors 
25  
Equity Compensation Plan 
26  
Employment Contracts and Termination of Employment or Change of Control
26  No Compensation Committee 26 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.26  
Principal Stockholders, Directors and Officers 
26  
Equity Compensation Plan 
27  Changes in Control27 
Item 13. Certain Relationships and Related Transactions, and Director Independence.
27  
Certain Relationships and Related Transactions  
27  Director Independence 27 Item 14. Principal Accountant Fees and Services.28  Fees and Services 28  Pre-Approval Policies and Procedures 28    PART IV29 Item 15. Exhibits, Financial Statement and Schedules 29    SIGNATURES 29
iv
******FORWARD LOOKING INFORMATION**
This annual report contains forward-looking statementsas that term is defined in the *Private SecuritiesLitigation Reform Act of 1995*. These statements relate to future events or our future financialperformance.  In some cases, you canidentify forward-looking statements by terminology such as "may","will", "should", "expects", "plans","anticipates", "believes", "estimates","predicts", "potential" or "continue" or thenegative of these terms or other comparable terminology.  These statements are only predictionsand involve known and unknown risks, uncertainties and other factors, includingthe risks in the section entitled "Risk Factors", that may cause ouror our industry's actual results, levels of activity, performance orachievements to be materially different from any future results, levels ofactivity, performance or achievements expressed or implied by theseforward-looking statements.

Although we believe that the expectations reflected inthe forward-looking statements are reasonable, we cannot guarantee futureresults, levels of activity, performance or achievements.  Except as required by applicable law,including the securities laws of the United States, we do not intend to updateany of the forward-looking statements to conform these statements to actualresults.
**PART I****Item 1.Description of Business.*****GeneralDevelopment of Business***
We are a gold explorationcompany in the pre-exploration stage and were incorporated on February 14,2007. Sillenger Exploration Corp. ("Sillenger" or the "Company") has acquired a 100% interest in  three mineral claimslocated in the Atlin Mining Division, British Columbia, Canada, inconsideration for CDN$379 (the "Bulkley mineral claims"). Theclaims are registered in the name of our former President, who has executed atrust agreement with us June 4, 2009, whereby she agrees to hold the claims intrust on our behalf. To date we have not performed any exploration or work onthe claims. We have not had any bankruptcy, receivership or similar proceedingand have had no material reclassification, merger, consolidation or purchase orsale of a significant amount of assets other than the acquisition of the three Bulkley mineral claims.

In the fall of 2008, ourshareholders began selling shares they held in us pursuant to a registrationstatement filed on Form S-1 with the Securities and Exchange Commission. Theterms of the offering is outlined in the Form S-1 registration statement and inthe Rule 424(b)(4) prospectus, both of these doucments can be found in theirentirety on the SEC's website at www.sec.gov, under Registration Number333-152075.  
***Our Business***
We are a start-up,pre-exploration-stage company, and have not yet generated or realized anyrevenues from our business operations.  We must raise additional capital in orderto continue to implement our plan and stay in business.  Sillenger has acquired a 100% interestin  three mineral claims located in the Atlin Mining Division, BritishColumbia, Canada, in consideration for CDN$379 (the "Bulkley mineralclaims"). The claims are registered in the name of our former President,who has executed a trust agreement with us June 4, 2009, whereby she agrees tohold the claims in trust on our behalf.  To date we have not performed anyexploration or work on the claim.

We have also justrecently entered into a Memorandum of Understanding with government officialsof the Republic of Guinea-Bissau for business development in Guinea-Bissau.
CompetitiveConditions
The mineral exploration business is anextremely competitive industry.  We are competing with many otherexploration companies looking for minerals.  We are one of thesmallest exploration companies and a very small participant in the mineralexploration business.  Being a junior mineral exploration company, wecompete with other companies like ours for financing and joint venturepartners.  Additionally, we compete for resources such asprofessional geologists, camp staff, helicopters and mineral explorationsupplies.

1
Raw Materials
The raw materials for our explorationprogram will be items including camp equipment, sample bags, first aid supplies, groceries, propane, and a global satellite telephone. All ofthese types of materials are readily available in either the city of Vancouveror town of Atlin in British Columbia, Canada from a variety of suppliers andcan be purchased or imported to Guinea-Bissau.
Dependence onMajor Customers
We have no customers at this time.
IntellectualProperty and Agreements
We have no intellectual property suchas patents or trademarks.  Additionally, we have no royaltyagreements or labor contracts.
***Government Approvals and Regulations***
We are required to comply with allregulations defined in the *Mineral Tenure Act*of the Province of British Columbia and regulations in Guinea-Bissau.

The effect of these existingregulations on our business is that we are able to carry out our explorationprogram as we have described in this prospectus. However, it is possible that afuture government could change the regulations that could limit our ability toexplore our claim, but we believe this is highly unlikely.
***Research and Development Expenditures***
We have not incurred any research ordevelopment expenditures since our inception on February 14, 2007.
***Costs and Effects of Compliance withEnvironmental Laws***
We currently have no costs to complywith environmental laws concerning our exploration program.
Employees
We have no fulltime or part time employees.  On May 12, 2010, Mr. Gillespie was appointedas our President and Chief Executive Officer.  Mr. Gillespie has agreed to allocate a portion of his time to our activities,without compensation. We anticipate that our business plan can be implementedthrough the efforts of of independent geologists and consultants we retain ona contract basis to conduct the exploration program on our Bulkley mineralclaims,  in Guinea-Bissau or as other opportunities become available to us.
***Reports toSecurities Holders***
We are required to file annual reports on Form 10-K and quarterlyreports on Form 10-Q with the SEC on a regular basis, and will be required totimely disclose certain material events (e.g., changes in corporate control;acquisitions or dispositions of a significant amount of assets other than inthe ordinary course of business; and bankruptcy) in a current report on Form8-K.

You may read and copy any materials we file with theSEC at their Public Reference Room Office, 100 F Street, NE, Room 1580, Washington, D.C. 20549-0102.  You may obtaininformation on the operation of the Public Reference Room by calling the SEC at1-800-SEC-0330. Additionally, the SEC maintains an Internet site(http://www.sec.gov) that contains reports, proxy and information statementsand other information regarding issuers that file electronically with the SEC.  Thesematerials are also available electronically in Canada on SEDAR atwww.sedar.com.
**Item1A. Risk Factors.**
Nodisclosure is required hereunder as the Company is a "smaller reportingcompany," as defined in Item 10(f) of Regulation S-K.

2
**Item 1B. Unresolved Staff Comments.**
None.  Note: No disclosure is requiredhereunder as the Company is a "smaller reporting company," asdefined in Item 10(f) of Regulation S-K.
**Item 2. Description of Property**.***BulkleyMineral Claims***Legal Status of Bulkley Mineral Claims   
Sillenger has acquired a100% interest in the three mineral claims located in the Atlin Mining Division,British Columbia, Canada, in consideration for CDN$379. The claims are registeredin the name of our former President, Ms. Sing, who has executed a trust agreement withus June 2, 2008, whereby she agrees to hold the claim in trust on our behalf.The total cost of the three Bulkley mineral claims charged to operations by uson our financial statements is $379 and this figure represents thereimbursement paid to our president in CDN Dollars.

All Canadian lands andminerals which have not been granted to private persons are owned by either thefederal or provincial governments in the name of Her Majesty. Ungrantedminerals are commonly known as Crown minerals. Ownership rights to Crownminerals are vested by the Canadian Constitution in the province where theminerals are located. In the case of the Bulkley mineral claims, that is the province of British Columbia. 

In the 19th century thepractice of reserving the minerals from fee simple Crown grants wasestablished. The legislation ensures that minerals are reserved from Crown landdispositions. The result is that the Crown is the largest mineral owner in Canada,both as fee simple owner of Crown lands and through mineral reservations inCrown grants. Most privately held mineral titles are acquired directly from theCrown. The Bulkley mineral claims is one such acquisition. Accordingly, feesimple title to the Bulkley mineral claims resides with the Crown. The Bulkleymineral claims is a mining lease issued pursuant to the British ColumbiaMineral Act to Ms. Sing. The lessee has exclusive rights to mine and recoverall of the minerals contained within the surface boundaries of the leasecontinued vertically downward. 

The Bulkley mineralclaims is unencumbered and in good standing and there there are no thirdparty conditions which affect the claim other than conditions defined by theProvince of British Columbia described herein. Further, there is noinsurance covering the Bulkley mineral claims. We believe that no insurance isnecessary since the Bulkley mineral claims is unimproved and contains nobuildings or improvements.
BulkleyMineral Claims Description
The claims are in an area of 947hectares, which is equivalent to an area of 2,340 acres.  The tenurenumber, name, owner number, work record to date, status, mining division, area,and tag numbers as typically recorded in British Columbia is as follows:

**Tenure Number**

**Claim Number**

**Number**

**Good to Date**

**Status**

**Area**

**605454**

**Bulkley 1**

**208930 100%**

**2010/June/04**

**GOOD**

**294.4642**

**605457**

**Bulkley 2**

**208930 100%**

**2010/June/04**

**GOOD**

**310.8017**

**605459**

**Bulkley 3**

**208930 100%**

**2010/June/04**

**GOOD**

**343.6187**

Our consulting geologist on thisproject is Stephen Butrenchuk and he has provided us with recommendations of howwe should explore our claims.

There is no assurance that acommercially viable gold deposit exists on the claims.  Explorationsrequired before an evaluation as to the economic feasibility of the claim isdetermined.  It is our intention to incorporate a British Columbiasubsidiary company and record the deed of ownership in the name of oursubsidiary if gold is discovered on the claims and it appears that it would beeconomically viable to commercially mine the claims.  Until we canvalidate otherwise, the property is without known reserves and we are planninga three phase exploration program recommended by our consultinggeologist.  We have not commenced any exploration or work on theclaims.

3
Access andLocation of Bulkley Mineral Claims
The Bulkley mineral claims are locatedon the Teepee property to the southeast of the TP showings (104M 048-050) andthe Crine Veins (104M 081) near Tee Pee Peak about 54 kilometers west of AtlinBritish Columbia Lat 59 38' 29'N Long 134 32' 24'W.  Elevations vary between 900 meters and about 1200 meters. Map 1,below shows the location of our claims in relation to the province of BritishColumbia, Canada.

Atlin is a relatively isolatedcommunity of about 350 inhabitants that is located on the east shore of AtlinLake in northwestern British Columbia, Canada. It is 98 km south of Jake'sCorner, Yukon on the Alaska Highway and 182 km from Whitehorse, Yukon. Acommunity airstrip enables air access by small planes into Atlin.

The Bulkley claims area is accessedreadily by helicopter but can be approached by means of local miners' roadsthat are not maintained but are passable by wheeled vehicles in the summermonths and by snowmobiles in the winter. The most practical means of access isby helicopters that are normally based at Atlin during the summer season.

See maps on following pages.

4

5
Conditions toRetain Title to Bulkley Mineral Claims
In order to retain title to theSillenger Mineral Claims, in the Province of British Columbia the recordedholder of a mineral claims shall perform, or have performed, exploration anddevelopment work on the claims to a value of CDN$4 per hectare a year per unitplus a CDN$100 recording fee per claim.  A statement of work must besubmitted on or before the anniversary date of the claim.  Theanniversary date for our mineral claims is June 3, 2010**.**  Our mineral claims is a 947hectare area, and thus requires us to spend a minimum of CDN$4,088 on validexploration work and recording fees to keep the claim in good standing with theProvince of British Columbia.  Alternately, we can make anannual  payment in lieu of work to the Province of British Columbiaof CDN$4 per hectare plus a CDN$100 recording fee per claim for the sameCDN$4,088 in order to keep the claims in good standing with the Province ofBritish Columbia.  If we fail to make the required filings orpayments, we could lose title to the claims and this could have an adverseimpact on our business.
History ofAtlin and of the Bulkley Mineral Claims Area
The Atlin mining area gainedprominence in 1898 when placer gold was discovered.  A mining "rush" ensued and was most active in the period between 1898 and1910. Exploration for gold in the Atlin area has been continuous through to thepresent.  We do not have any verifiable information regardingprevious operators on the actual Bulkley mineral claims.  TheProvince of British Columbia maintains a free service available on the Internetcall "ARIS" that allows us to locate summary reports near ourclaim.  The summary reports are in the public domain.
PresentCondition of the Bulkley Mineral Claims
We do not know the present conditionof the Bulkley Mineral Claims because we have yet to go onsite.  However, according to our consulting geologist we should expectto find terrain mostly comprised of glaciated hills with moderately steepslopes and smack streams that occupy broad channels established by glaciers andmelt water streams.  There is no equipment, infrastructure orelectricity on the claims.

6
Geology of theBulkley Mineral Claims
The Bulkley mineral claims as of thewriting of this report have not been visited by our consulting geologistStephen Butrenchuk. The geology of the property is based on geological informationfrom the Province of British Columbia. This region lies within a northeasterlytrending belt of Precambrian rocks comprised of scists quartzites andorthgneiss.  These rocks are unconformably overlain by volcanic rocksof the Upper Triassic Stuhini Group.  These rocks have been intrudedby Cretaceous to Tertiary igneous intrusions.  Also present are minorintrusions of ultramafic rocks.   This area  has thepotential to host economically important mineral deposits,including  gold, cobalt, and platinum group elementdeposits.  However, we have yet to prove that any of these types ofmineral deposits exist on our claims.  Our mineral claims do not haveany known resource or reserves.
***Description of Other Properties***
Sillenger does not either own nor lease officespace.  At present, offices areprovided at no cost to Sillenger by Ms. Carolyne Sing, the President of Sillengerat 7839 17th Ave, Burnaby, British Columbia, Canada, V3N 1M1. This arrangementis expected to continue until such time as Sillenger's activitiesnecessitates its relocation, as to which no assurances can be given. Sillengerhas no agreements with respect to the maintenance or future acquisition of anoffice.
**Item 3. Legal Proceedings.**
Sillenger is not a party to any legal proceedings.

**Item 4.**(Removed and Reserved)

Not Applicable.
**PART II****Item 5. Market for Registrant's Common Equity,Related Stockholder Matters**and Issuer Purchases of Equity Securities.***Market Information***
Our common shares became quoted on the Over-the-Counter Bulletin Board onDecember 8, 2008, under the symbol "**SLGX**". On April 4, 2010 our common shares were removed from the OTCBB and moved to theOTCQB market, under the symbol "**SLGX**". The following quotations reflect the high andlow bids for our common stock based on inter-dealer prices, without retailmark-up, mark-down or commission and may not represent actual transactions. Thehigh and low bid prices for our common shares (obtained from QuoteMedia.com) fromMarch 1, 2009 to February 28, 2010 were as follows:

**Quarter Ended**(1)(2)

**High**

**Low**

May 31, 2010

$1.59

$0.10

February 28, 2010

$0.10

$0.10

November 30, 2009

$0.10

$0.10

August 31, 2009

$0.105

$0.10

May 31, 2009

$0.30

$0.195

February 28, 2009

$0.00

$0.00

**Note**s:
(1)
The  quotations above reflect inter-dealer prices, without retail mark-up,  mark-down or commission and may not represent actual transactions.  
(2)
Sillenger  was first quoted on the OTCBB on December 8, 2008 under the symbol "SLGX.OB".  

7

***Holders ofCommon Stock***
As of May 20,2010, we had 28 stockholders of record holding 40,811,000 sharesof common stock. Dividend Policy
There are no restrictionsin our articles of incorporation or bylaws that restrict us from declaringdividends. The Nevada Revised Statutes, however, do prohibit us from declaringdividends where, after giving effect to the distribution of the dividend:

1.       we would not be able to pay ourdebts as they become due in the usual course of business; or  

2.       Our total assets would be less thanthe sum of our total liabilities, plus the amount that would be needed tosatisfy the rights of shareholders who have preferential rights superior tothose receiving the distribution. 

We declared a sixshare for every one share issued and outstanding stock dividend in March 2009.  The record date for this stock dividendwas March 25, 2009 and the pay date was March 27, 2009.  As a result of the issuance of thisstock dividend our issued and outstanding share capital increased from5,853,000 shares to 40,971,000 shares of common stock.

We do not plan todeclare any further dividends in the foreseeable future.
***Equity Compensation Plan***
We do not have anysecurities authorized for issuance under any equity compensation plans.
***Recent Salesof Unregistered Securities***
On December 14,2009, we issued 50,000 shares of our Common Stock to one investor, for anaggregate purchase price of $10,000. We relied on the exemption provided byRule 903 of Regulation S of the Securities Act of 1934 to the subscriber on thebasis that the sale of the shares was completed in an offshore transaction, asdefined in Rule 902(h) of Regulation S. The Company did not engage in anydirected selling efforts, as defined in Regulation S, in the United States inconnection with the sale of the shares. The investor represented to us that hewas not a U.S. person, as defined in Regulation S, and was not acquiring theshares for the account or benefit of a U.S. person. The subscription agreementexecuted between us and the investor included statements that the securitieshad not been registered pursuant to the Securities Act of 1933 and that thesecurities may not be offered or sold in the United States unless thesecurities are registered under the Securities Act of 1933 or pursuant to anexemption from the Securities Act of 1933. The investor agreed by execution ofthe subscription agreement for the shares: (i) to resell the securitiespurchased only in accordance with the provisions of Regulation S, pursuant toregistration under the Securities Act of 1933  or pursuant to an exemption fromregistration under the Securities Act of 1933; (ii) that we are required torefuse to register any sale of the securities purchased unless the transfer isin accordance with the provisions of Regulation S, pursuant to registrationunder the Securities Act of 1933 or pursuant to an exemption from registrationunder the Securities Act of 1933; and (iii) not to engage in hedgingtransactions with regards to the securities purchased unless in compliance withthe Securities Act of 1933. All securities issued were endorsed with arestrictive legend confirming that the securities had been issued pursuant toRegulation S of the Securities Act of 1933 and could not be resold withoutregistration under the Securities Act of 1933 or an applicable exemption fromthe registration requirements of the Securities Act of 1933.
**Item 6. SelectedFinancial Data.**
No disclosure isrequired hereunder as the Company is a "smaller reporting company,"as defined in Item 10(f) of Regulation S-K.

8
**Item 7. ManagementDiscussion and Analysis** or Plan of Operations.***2010 Business Environment***  
The disruptionsin the credit and financial markets through 2008 and 2009 have had asignificant material adverse impact on a number of financial institutions andhave limited access to capital and credit for many companies. While 2009seemingly was a turnaround year for stock markets, and a muted positiveimprovement in consumer optimism and general business conditions, the globaleconomy still appears to be somewhat tepid, and it is still difficult for manyjunior resource companies to obtain financing. These market conditions couldcontinue to make it difficult for us to obtain, or increase our cost ofobtaining, capital and financing for our operations. Our access toadditional capital on the equity markets also may not be available on termsacceptable to us or at all. 

In late 2009 Sillengerdecided to seek a strategic and/or financial partner to help take Sillengerforward. We entered into discussions with an interested party with the goal ofraising capital and conducting a work program on the Bulkley claims, andpossibly some other projects. Unfortunately the two sides could not reach anacceptable deal and we parted ways. With the price of gold at record levels,management believes it would be prudent to continue seeking potential partners.
***Results ofOperation***
For the year ended February 28, 2010 and February29, 2009 and the period from February 14, 2007 (inception) to February28, 2010: 
Financial Condition and Liquidity
Revenue- Sillenger has not generated revenue from its businessoperations and does not expect to generate any revenue in the near future.

Common Stock - Management anticipates Sillenger's external sources of liquidity will beprivate placements for equity conducted outside the United States. During theyear ended February 28, 2010, Sillenger completed a private placement on December14, 2009 where Sillenger issued 50,000 shares of common stock at $0.20 pershare for proceeds of $10,000 (year ended February 29, 2009 - $0.00). 

Liquidity - At February 28,2010, Sillenger had assets of $6,700 consisting of cash ($15,699 -February 29, 2009).  Sillenger had $7,599 ($7,000 - February 29, 2009) in liabilities of which is owed forAccounts Payable. 

Sillenger' internal sources of liquidity will be loansthat may be available to Sillenger from management. Although Sillenger has nowritten arrangements with any of directors and officers, Sillenger expects thatthe directors and officers will provide Sillenger with internal sources ofliquidity, if it is required.

There are no assurances that Sillenger will be able toachieve further sales of its common stock or any other form of additionalfinancing. If Sillenger is unable to achieve the financing necessary tocontinue its plan of operations, then Sillenger will not be able to continueits exploration programs and its business will fail.
Expenses 
Summary - Totalexpenses were $19,598 for the year ended February 28, 2010.  Expenses havedecreased as compared tothe year ended February 28, 2009 by $12,792 from $ 32,390 in the previous yearended February 29, 2009.  A total of $62,049in expenses has been incurred by Sillenger since inception on February14,2007 through to February 28, 2010.  The increase in costs over the past yearis primarily related to Sillenger having filed a registration statement toqualify shares held by its stockholders for resale.  The costs can be subdivided into thefollowing categories. 
- Other     Expenses : $3,539  in other expenses (includes rent     and administrative costs) were incurred for the year ended  February 28, 2010 as     compared to $8,061  for the year     ended February 28,     2009 while a total of $12,617 was incurred in the     period from inception on February 14, 2007 to February 28, 2010.  

9
- Professional     Fees : Sillenger incurred $16,059 in professional fees     for the year ended on February 28, 2010 as     compared to $23,449 for the year ended February 29, 2009. From inception     to February 28, 2010, we have     incurred a total of $48,172 in professional fees mainly spent on legal and     accounting matters.
- Exploration     Costs :     Sillenger relies primarily on outside consultants and not salaried     employees to conduct its exploration of its property.  As a result, Sillenger incurred $0.00     in exploration costs for the year ended February 28, 2010 and $880 was     incurred for the year ended February 29, 2009. For the     period February 14,     2007 (inception) through February 28, 2010, Sillenger     has spent a total of $1,260 on exploration.  

Sillenger continues to carefully control itsexpenses and overall costs as it moves forward with the development of its businessplan. Sillenger does not have any employees and engages personnel throughoutside consulting contracts or agreements or other such arrangements.
***Plan of Operations***ExplorationPlan
Our business plan upuntil April this year was to proceed with the exploration of the Bulkley claimsto determine whether there are commercially exploitable reserves of base andprecious metals. Although we have enough cash to complete our Phase Oneexploration program. We do not have enough funds to complete our Phase Two orPhase Three programs which we would plan to start Phase Two in the summer of2010 if the results of our Phase One exploration program is successful.  We currently do not have anyarrangements for financing and we may not be able to obtain financing whenrequired or on favorable terms. We are currently relying on loans that may be available to Sillengerfrom management. 

Withthe price of gold at record levels, management believes it would be prudent tocontinue seeking potential partners to explore the Buckley claims.

We will also need toseek additional funding to pursue the new ventures in Africa identified by our newPresident and Chief Executive Officer Mr. John Gillespie. We anticipate thatadditional funding will be in the form of equity financing from the sale of ourcommon stock. However, we cannot provide investors with any assurance that wewill be able to raise sufficient funding from the sale of our common stock tofund additional phases of the exploration program previously set out for theBuckley claim should we decide to proceed or any new projects identified inAfrica. We believe that debt financing will not be an alternative for fundingany further phases in our exploration program or potential projects in Africa orelsewhere.The risky nature of these enterprises and lack of tangible assets places debtfinancing beyond the credit-worthiness required by most banks or typicalinvestors of corporate debt until such time as an economically viable mine orproject can be demonstrated. We do not have any arrangements in place for anyfuture equity financing. 

Based on thenature of our business, we anticipate incurring operating losses in theforeseeable future. We base this expectation, inpart, on the fact that very few mineral claims in the exploration stageultimately develop into producing,profitable mines. Our future financial results are also uncertain due to anumber of factors, some of which are outsideour control. These factors include, but are not limited to:
-       our ability to raise additional funding; 
-       the market price for gold; 
-       the results of our proposed exploration programs on the mineral property; and 
-       our ability to find joint venture partners for the development of our propertyinterests 

Due to our lack ofoperating history and present inability to generate revenues, our auditors havestated their opinion that therecurrently exists substantial doubt about our ability to continue as a goingconcern.
SubsequentEvents
In April 2010, Ms. Sing was introduced to Mr. John Gillespie ofToronto, Ontario. Ms. Sing and Mr. Gillespie held several discussions about howhe could assist Ms. Sing in taking Sillenger forward as a company.  Mr. Gillespie had, in Ms. Sing'sopinion, some interesting ideas on natural resource exploration and concepts ofmaximizing returns while diminishing risks, and building value for Sillengershareholders. 

10

On May 12, 2010, Ms. Sing resigned as President and Chief Executiveofficer of Sillenger and appointed Mr. Gillespie as President and Chief Executive Officer of Sillenger. 

Mr. Gillespie intends to utilize his network of contacts and agents inAfrica to assist Sillenger in raising capital for African exploration projects.   

Mr. Gillespie has also developed a proprietary method of land claimsmanagement that he believes will be of interest to governments of developing countries,particularly in certain African countries which foreign investors view as highrisk due to perceived country instability. Mr. Gillespie believes his land claims management system addresses manyof the concerns held by foreign investors and resource companies in suchcountries. He also believes his concept will also appeal to resource companies inparticular because it is designed to create a win-win scenario for both thegovernments and the resource companies.

On May 6, 2010, Sillengerannounced a Memorandum of Understanding (MOU) with officials of the Republic ofGuinea-Bissau for business development in Guinea-Bissau based on Mr.Gillespie's land claims mangement system. 

On May 19, 2010,Sillenger appointed geologist, Dr. Allan Juhas, PhD, Director of Explorationfor Sillenger. Dr. Juhas will evaluate opportunities and overseeSillenger's exploration operations. Dr. Juhas is an EconomicGeologist with extensive domestic and international experience in themanagement, design and supervision of exploration programs. 

On May 26, 2010,Sillenger introduced its proprietary CLP Claims Licensing Program which isdesigned to help governments to provide a fast-track process for issuing thenecessary bureaucratic documentation to resource companies. The system helpsreduce risk to exploration companies and helps market a country as anattractive investment destination. This program is based on Mr.Gillespie's proprietary land claims management system.

On May 26, 2010, Ms. Singclosed an agreement with Mr Gillespie to sell Mr. Gillespie her block ofSillenger shares, which represents a controlling interest in Sillenger. Ms. Sing hasagreed to step down as a director of Sillenger, and Mr. Gillespie will beappointed as a director as soon as possible.
**Item 7A. Quantitiveand Qualitive Disclosure About Market Risk.**
No disclosure isrequired hereunder as the Company is a "smaller reporting company,"as defined in Item 10(f) of Regulation S-K.
**Item 8. Financial Statementsand Supplementary Data.**
The financial statements and schedules that constituteItem 8 of Form 10-K immediately follow on the next page. 

11****
**SillengerExploration Corp.(AnExploration Stage Company)**

**February28, 2010**

                         
 
 Index    Report of Independent Registered   Public Accounting FirmF-1    Balance Sheets as of   February 28, 2010 and 2009F-2     Statementsof Operations for the years ended   February 28,2010 and 2009 and the period from    February 14, 2007 (Inception) through February 28, 2010 F-3    Statement of   Stockholders' Equity (Deficit) as of February 28, 2010 F-4    Statementsof Cash Flows for the years ended    February 28,2010 and 2009 and the period from    February 14, 2007 (Inception) through February 28, 2010F-5    Notes to the Financial StatementsF-6 - F-8 
12

Silberstein Ungar, PLLC CPAsand Business Advisors                                                                                                                                                                                                    

Phone (248) 203-0080Fax (248) 281-094030600 Telegraph Road, Suite 2175Bingham Farms, MI 48025-4586www.sucpas.com

**REPORT OFINDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

To the Board of DirectorsSillenger Exploration Corp.Vancouver, British Columbia, Canada

We haveaudited the accompanying balance sheets of Sillenger Exploration Corp., as ofFebruary 28, 2010 and 2009, and the related statements of operations,stockholders' equity (deficit), and cash flows for the years then endedand the period from February 14, 2007 (date of inception) through February 28,2010.  These financial statementsare the responsibility of the Company's management. Our responsibility isto express an opinion on these financial statements based on our audits.

Weconducted our audits in accordance with the standards of the Public CompanyAccounting Oversight Board (United  States).  Those standards require that we plan andperform the audits to obtain reasonable assurance about whether the financialstatements are free of material misstatement.  The Company has determined that it isnot required to have, nor were we engaged to perform, an audit of its internalcontrol over financial reporting. Our audits included consideration of internal control over financialreporting as a basis for designing audit procedures that are appropriate in thecircumstances, but not for the purpose of expressing an opinion on theeffectiveness of the Company's internal control over financialreporting.  Accordingly, we expressno such opinion.  An audit includesexamining on a test basis, evidence supporting the amounts and disclosures inthe financial statements.  An auditalso includes assessing the accounting principles used and significantestimates made by management, as well as evaluating the overall financialstatement presentation.  We believethat our audits provide a reasonable basis for our opinion.

Inour opinion, the financial statements referred to above present fairly, in allmaterial respects, the financial position of Sillenger Exploration Corp. as ofFebruary 28, 2010 and 2009, and the results of its operations and its cashflows for the periods then ended and the period from February 14, 2007 (date ofinception) through February 28, 2010 in conformity with accounting principlesgenerally accepted in the United States of America.

Theaccompanying financial statements have been prepared assuming that the Companywill continue as a going concern. As discussed in Note 2 to the financial statements, the Company hasnegative working capital, has received no revenue from sales of products orservices, and has incurred losses from operations.  These factors raise substantial doubtabout the Company's ability to continue as a going concern.  Management's plans with regard tothese matters are described in Note 2. The accompanying financial statements donot include any adjustments that might result from the outcome of thisuncertainty.

/s/Silberstein Ungar, PLLCSilbersteinUngar, PLLC 

BinghamFarms, MichiganMay 25,2010

F-1

13

**SILLENGER EXPLORATION CORP.**** (AN EXPLORATION STAGE COMPANY)****BALANCE SHEETSAS OF FEBRUARY 28, 2010 AND 2009**

**ASSETS**

2010

2009

Current Assets

Cash

$          6,700

$        15,699

TOTAL ASSETS

$          6,700

$       15,699

**LIABILITIES AND  STOCKHOLDERS' EQUITY (DEFICIT)**

LIABILITIES

Current Liabilities

Accrued  expenses

$         7,599

$          7,000

Total Liabilities

          7,599

          7,000

STOCKHOLDERS' EQUITY (DEFICIT)

Common  stock, $.001 par value, 75,000,000 shares authorized, 40,811,000 shares  issued and outstanding after 6:1 stock split (February 28, 2009 -  40,761,000 issued and outstanding)

40,811

5,823

Additional  paid in capital

3,514,139

45,327

Deficit  accumulated during the exploration stage

(3,555,849)

(42,451)

Total stockholders' equity  (deficit)

(899)

8,699

TOTAL LIABILITIES AND STOCKHOLDERS'  EQUITY (DEFICIT)

$          6,700

$        15,699

*See accompanying notes to financial statements.*

F-2

14

**SILLENGER EXPLORATION CORP.****(ANEXPLORATION STAGE COMPANY)****STATEMENTS OF OPERATIONSFOR THE YEARS ENDED FEBRUARY 28, 2010 AND 2009PERIOD FROM FEBRUARY 14, 2007 (INCEPTION) TO FEBRUARY 28, 2010**

Year  ended February 28, 2010

Year  ended February 28, 2009

Period  from February 14, 2007 (Inception) to February 28, 2010

**REVENUES**

$                    0

$                    0

$                    0

**OPERATING EXPENSES**

Professional  fees

16,059

23,449

48,172

Exploration  costs

0

880

1,260

Other

3,539

8,061

12,617

**TOTAL OPERATING  EXPENSES**

19,598

32,390

62,049

**LOSS FROM  OPERATIONS**

 (19,598)

(32,390)

(62,049)

**PROVISION FOR  INCOME TAXES**

0

0

0

**NET LOSS**

$         (19,598)

$         (32,390)

$         (62,049)

**NET LOSS PER  SHARE: BASIC AND DILUTED**

$             (0.00)

$             (0.00)

**WEIGHTED AVERAGE NUMBER OF  SHARES OUTSTANDING: BASIC AND DILUTED**

40,781,833

40,761,000

*See accompanying notes to financial statements.*

F-3
15
**SILLENGER EXPLORATION CORP**.**AN EXPLORATION STAGE COMPANY)****STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)PERIOD FROM FEBRUARY 14, 2007 (INCEPTION) TO FEBRUARY 28, 2010**

Common  Stock

Additional   paid-in

Deficit   accumulated   during the   exploration

Shares

Amount

capital

Stage

Total

Issuance of common stock for cash to  founders

3,000,000

$              3,000

$                     -

$                   -

$          3,000

Net loss for the period ended  February 28, 2007

               -

               -

                 -

(7)

             (7)

Balance February 28, 2007

3,000,000

       3,000

                 -

                  (7)

    2,993

Issuance of common stock for cash at  $.01 per share

   2,325,000

                   2,325

          20,925

   -

               23,250

Issuance of common stock for cash at  $.05 per share

   498,000

                498

   24,402

    -

      24,900

Net loss for the year ended February  29, 2008

                -

                -

            -

(10,054

    (10,054)

                  

                  

            

                   

                

Balance, February 29, 2008

  5,823,000

5,823

45,327

(10,061)

41,089

Net loss for the year ended February  28, 2009

                -

                -

            -

       (32,390)

    (32,390)

                  

                  

            

                   

                

Balance, February 28, 2009

  5,823,000

5,823

45,327

(42,451)

8,699

Stock dividend

34,938,000

34,938

3,458,862

(3,493,800)

0

Issuance of common stock for cash at  $.20 per share

     50,000

                      50

           9,950

       -

    10,000

Net loss for the year ended February  28, 2010

                -

                -

            -

       (19,598)

    (19,598)

Balance, February  28, 2010

 40,811,000

$             40,811

$        3,514,139

$  (3,555,849)

$          (899)

*See accompanying notes to financial statements.*

F-4
16
**SILLENGER EXPLORATION CORP.****(AEXPLORATION STAGE COMPANY)****STATEMENT OF CASH FLOWSFOR THE YEARS ENDED FEBRUARY 28, 2010 AND 2009PERIOD FROM FEBRUARY 14, 2007 (INCEPTION) TO FEBRUARY 28, 2010**

Year ended February 28, 2010

Year  ended February 28, 2009

Period  from February 14, 2007 (Inception) to February 28, 2010

**CASH FLOWS FROM OPERATING  ACTIVITIES**

Net  loss for the period

$       (19,598)

$         (32,390)

$         (62,049)

Changes in assets and liabilities:

Increase  in accrued expenses

599

  3,500

 7,599

Cash Flow Used in Operating  Activities

(18,999)

(28,890

(54,450)

**CASH FLOWS FROM FINANCING  ACTIVITIES **

Proceeds  from sale of common stock

         10,000

                    -

          61,150

Cash Flows Provided by Financing  Activities

         10,000

                    -

          61,150

**NET INCREASE (DECREASE) IN CASH**

          (8,999)

         (28,890)

            6,700

Cash,  beginning of period

         15,699

          44,589

                    -

Cash,  end of period

$             6,700

$           15,699

$             6,700

**SUPPLEMENTAL CASH FLOW  INFORMATION:**

Interest  paid

$                    -

$                    -

$                    -

Income  taxes paid

$                    -

$                    -

$                    -

**NON-CASH FINANCING AND INVESTING  TRANSACTIONS:**

Increase  in paid in capital for stock dividend

$     3,493,800

$                    -

$     3,493,800

Increase  in accumulated deficit for stock dividend

$  (3,493,800)

$                    -

$     3,493,800

*See accompanying notes to financial statements.*

F-5

17

**SILLENGEREXPLORATION CORP.(ANEXPLORATION STAGE COMPANY)NOTES TO THE FINANCIAL STATEMENTSFEBRUARY 28, 2010**

**NOTE 1 - SUMMARY OFSIGNIFICANT ACCOUNTING POLICIES**

Natureof Business

SillengerExploration Corp. ("Sillenger" or the "Company") wasincorporated in Nevada on February 14, 2007.  Sillenger is an exploration stagecompany and has not yet realized any revenues from its planned operations.  Sillenger is currently in the process ofacquiring certain mining claims.

AccountingBasis

Thesefinancial statements are prepared on the accrual basis of accounting inconformity with accounting principles generallyaccepted in the United States of America.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to becash equivalents

FinancialInstruments

TheCompany's financial instruments consists of cash and accrued expenses.

Use ofEstimates 

Thepreparation of financial statements in conformity with generally acceptedaccounting principles of the United States requires management to makeestimates and assumptions that affect the reported amounts of assets andliabilities and disclosure of contingent assets and liabilities at the date ofthe financial statements and the reported amounts of revenues and expensesduring the year. The more significant areas requiring the use of estimatesinclude asset impairment, stock-based compensation, and future income tax amounts.Management bases its estimates on historical experience and on otherassumptions considered to be reasonable under the circumstances. However,actual results may differ from the estimates.

Loss PerShare

Basicloss per share is calculated using the weighted average number of common sharesoutstanding and the treasury stock method is used to calculate diluted earningsper share. For the years presented, this calculation proved to beanti-dilutive.

Dividends

TheCompany has not adopted any policy regarding payment of dividends.  No dividends have been paid during theperiod shown.

IncomeTaxes

The Company provides for income taxes using an asset andliability approach. Deferred tax assets and liabilities are recorded based onthe differences between the financial statement and tax bases of assets andliabilities and the tax rates in effect when these differences are expected toreverse. The Company's predecessor operated as entity exempt from Federaland State income taxes.

Deferred tax assets by a valuation allowance if, based on theweight of available evidence, it is more likely than not that some or all ofthe deferred tax assets will not be realized.

F-6

18

**SILLENGEREXPLORATION CORP.(ANEXPLORATION STAGE COMPANY)NOTES TO THE FINANCIAL STATEMENTSFEBRUARY 28, 2010**

**NOTE 1 - SUMMARY OFSIGNIFICANT ACCOUNTING POLICIES (continued)**

Mineral Properties

Cost of license acquisition,exploration, carrying and retaining unproven mineral lease properties areexpensed as incurred. Costs of acquisition are capitalized subject toimpairment testing, in accordance with SFAS 144, "Accounting for theImpairment or Disposal of Long-Lived Assets", when facts andcircumstances indicate impairment may exist.

Comprehensive Income

The Company has adopted SFAS 130"Reporting Comprehensive Income", which establishes standards forreporting and display of comprehensive income, its components and accumulatedbalances.  When applicable, theCompany would disclose this information on its Statement of Stockholders'Equity.  Comprehensive incomecomprises equity except those resulting from investments by owners anddistributions to owners. The Company has not had any significant transactionsthat are required to be reported in other comprehensive income.

Recent Accounting Pronouncements

Sillengerdoes not expect the adoption of recently issued accounting pronouncements tohave a significant impact on the Company's results of operations,financial position or cash flow.

**NOTE 2 - GOINGCONCERN**

Sillengerhas recurring losses and has accumulated operating losses during theexploration stage of $62,049 as of February 28, 2010.  Sillenger's financial statements areprepared using the generally accepted accounting principles applicable to agoing concern, which contemplates the realization of assets and liquidation ofliabilities in the normal course of business.  However, Sillenger has no current sourceof revenue. Without realization of additional capital, it would be unlikely forSillenger to continue as a going concern. Sillenger's management plans on raising cash from public or private debtor equity financing, on an as needed basis and in the longer term, revenuesfrom the acquisition, exploration and development of mineral interests, iffound.  Sillenger's ability tocontinue as a going concern is dependent on these additional cash financings,and, ultimately, upon achieving profitable operations through the developmentof mineral interests.  

**NOTE 3 - MINERALPROPERTY RIGHTS**

Duringthe period ended February 28, 2008, the Company acquired a 100% interest inthree mining claims in the Bulkley mining district of British Columbia, Canada forcash consideration of $379. The property is being held in trust for the Companyby a third party. On May 15, 2009 the Company abandoned the mineral titles andre-staked them in order to reduce exploration costs.

**NOTE 4 -COMMITMENTS**

Sillengerneither owns nor leases any real or personal property, an officer has providedoffice services without charge. Such costs are immaterial to the financial statements and accordinglyare not reflected herein.  Theofficers and directors are involved in other business activities and mostlikely will become involved in other business activities in the future.

F-7

19

**SILLENGEREXPLORATION CORP.(ANEXPLORATION STAGE COMPANY)NOTES TO THE FINANCIAL STATEMENTSFEBRUARY 28, 2010**

**NOTE 5 -INCOME TAXES**

Theprovision for Federal income tax consists of the following:

2010

2009

Refundable Federal income tax attributable to:

Current Operations

$              6,663

$            11,013

Less: valuation allowance

(6,663)

(11,013)

Net provision for Federal income taxes

$                     -

$                      -

The cumulative tax effect at theexpected rate of 34% of significant items comprising our net deferred taxamount is as follows:

2010

2009

Deferred tax asset attributable to:

Net operating loss carryover

$            21,096

$            14,433

Less: valuation allowance

(21,096)

(14,433)

Net deferred tax asset

$                      -

$                      -

At February 28, 2010, Sillenger had anunused net operating loss carryover approximating $62,049 that is available tooffset future taxable income; it expires beginning in 2027.

**NOTE 6 - COMMON STOCK**

At inception, Sillenger issued3,000,000 shares of stock to its founding shareholder for $3,000 cash.

During the period ended February 28,2008, Sillenger issued 2,823,600 shares of stock for $48,150 cash.

During the period ended February 28,2010, the company issued 50,000 shares of stock for $ 10,000 cash.

Duringthe period ended February 28, 2010, the company declared a 6 to 1 stockdividend.  The stock was valued at$0.10 per share at the grant date.

As ofFebruary 28, 2010 there are 40,811,000 shares of common stock issued andoutstanding.

**NOTE 7 - SUBSEQUENT EVENTS**

In accordance with SFAS 165 (ASC 855-10) the Company has analyzed its operations subsequent toFebruary 28, 2010 and has determined that it does not have any materialsubsequent events to disclose in these financial statements.

F-8

20
**Item 9. Changes In and Disagreements withAccountants on Accounting and Financial Disclosure**.
Sillenger has not changedaccountants since its formation and there are no disagreements with thefindings of said accountants.
**Item 9A. Controlsand Procedures.**
***(a) Evaluationof Disclosure Controls and Procedures***

Disclosure controls arecontrols and procedures that are designed to ensure that information requiredto be disclosed in our reports filed under the Exchange Act is recorded,processed, summarized and reported, within the time periods specified in theSEC's rules and forms. Disclosure controls and procedures include, withoutlimitation, are controls and procedures designed to ensure that informationrequired to be disclosed by a company in the reports that it files or submitsunder the Exchange Act is accumulated and communicated to the company'smanagement, including its principal executive and principal financial officers,or persons performing similar functions, as appropriate to allow timelydecisions regarding required disclosure. 

Our management carried outan evaluation (with the participation of our CEO and CFO), of the effectivenessof the design and operation of our disclosure controls and procedures pursuantto Rules 13a-15(e) and 15d-15(e) under the *SecuritiesExchange Act of 1934* ("Exchange Act"). Based upon thatevaluation, the Company's CEO and CFO have concluded that the Company'sdisclosure controls and procedures were effective as of February 28, 2010.

***(b) Internalcontrol over financial reporting***

*Management's annual report oninternal control over financial reporting*

Management is responsiblefor establishing and maintaining adequate internal control over financialreporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act.Our internal control over financial reporting is intended to provide reasonableassurance regarding the reliability of financial reporting and the preparationof financial statements for external purposes in accordance with U.S. GAAP. Ourinternal control over financial reporting should include those policies andprocedures that:
- pertain to the maintenance of records that, in reasonable detail,     accurately and fairly reflect the transactions and dispositions of our     assets;
- provide reasonable assurance that transactions are recorded as     necessary to permit preparation of financial statements in accordance with     applicable GAAP, and that receipts and expenditures are being made only in     accordance with authorizations of management and the Board of Directors;     and
- provide reasonable assurance regarding prevention or timely detection     of unauthorized acquisition, use or disposition of our assets that could     have a material effect on the financial statements.

Becauseof its inherent limitations, internal control over financial reporting may notprevent or detect misstatements. Also, projections of any evaluation ofeffectiveness to future periods are subject to the risk that controls maybecome inadequate because of changes in conditions, or that the degree ofcompliance with the policies or procedures may deteriorate.

As required by Rule13a-15(c) promulgated under the Exchange Act, our management, with theparticipation of our Chief Executive Officer ("CEO") and ChiefFinancial Officer ("CFO"), evaluated the effectiveness of ourinternal control over financial reporting as of February 28, 2010. Management'sassessment took into consideration the size and complexity of the company andwas based on criteria set forth by the Committee of Sponsoring Organizations ofthe Treadway Commission in Internal Control over Financial Reporting -Guidancefor Smaller Public Companies. In performing the assessment, management hasconcluded that our internal control over financial reporting was effective asof February 28, 2010.

20

*Attestationreport of the registered public accounting firm*

Thisannual report does not include an attestation report of the company'sregistered public accounting firm regarding internal control over financialreporting. Management's report was not subject to attestation by the company'sregistered public accounting firm pursuant to temporary rules of the Securitiesand Exchange Commission that permit the company to provide only management'sreport in this annual report.

*Changesin internal control over financial reporting*

Therewere no changes in our internal controls that occurred during the year coveredby this report that have materially affected, or are reasonably likely tomaterially affect our internal controls.

*Changesin Internal Controls*

Basedon the evaluation as of February 28, 2010, Carolyne Sing, our former President, ChiefExecutive Officer, and Chief Financial Officer has concluded that there were nosignificant changes in our internal controls over financial reporting or in anyother areas that could significantly affect our internal controls subsequent tothe date of his most recent evaluation, including corrective actions withregard to significant deficiencies and material weaknesses.
**Item 9a(T) -Controls And Procedures**.
See Item 9A- Controls andProcedures above.
**Item 9B. Other Information.**
None.
PART III**Item 10. Directorsand Executive Officers, Promoters and Corporate Governance**.***Identification of Directors andExecutive Officers***
Thefollowing table sets forth the names, positions and ages of our executiveofficer and directors. 

**Name**

**Age**

**Position**

**Since**

John Gillespie 

60

President and CEO

May 12, 2010

Carolyne Sing

78

CFO, Treasurer, Principal  Accounting Officer, Secretary and Director (former President and CEO)

February 14, 2007

Thereare no arrangements or understandings regarding the length of time a directorof the Company is to serve in such a capacity.
***Background of Officers andDirectors***
Set forth below is abrief description of the background and business experience of our currentexecutive officers and directors: 
John Gillespie 
Mr. Gillespie has been the President and Chief Executive Officer ofSillenger since May 12, 2010.  Mr.Gillespie has over thirty (30) years experience as a Senior Executive,including being President and Chief Executive Officer for major corporations.Mr. Gillespie brings senior corporate expertise in licensing, legal and royaltymechanisms to 

22
Sillenger. During the past decade, Mr. Gillespie has proven to be avisionary leader by engineering a wide range of solutions in licensing, realestate and land management, labor negotiations, legal frameworks, marketing andbusiness development, administration, and rapid revenue growth.  Prior to joining the Registrant, Mr.Gillespie served for seven years as Vice President of Operations for Pizzavillein Ontario, Canada. He served for two years as Vice President of Franchise andReal Estate Development with Afton Food Group, Inc., also in Ontario.  He also served as Principal of Gillespieand Associates, where he provided major corporate clients with executivefranchise advice on business development, legal, real estate, leasing andgeneral business administration. From 1978 to 1997 he served as President and Chief Executive Officer formajor companies, including Ryan's Pet Food, Inc. Chicken Chicken, Inc., Goligers Travel, Inc. and  PizzaPizza, Inc.  Under his leadership,the companies grew rapidly, with combined sales of over $200 Million.
In 1987 Mr. Gillespie earned the honor of being awarded "Executiveof the Year" by the Canadian Franchise Association (CFA) for his effortsin transforming the CFA into an organization dedicated to teaching andpromoting ethical franchise methods and business practices.  He also served as theorganizations' Chairman from 1984 to 1986.

Mr. Gillespie does not hold a directorship in any other reportingcompany.
Carolyne Sing 
Ms. Sing has been adirector and officer of the Company since our inception on February 14, 2007.  She currently holds the office of ChiefFinancial Officer, Treasurer, Principal Accounting Officer and Secretary of theCompany.  During the past fiveyears, Ms. Sing has been a businesswoman in Vancouver, Canada, a privateinvestor in residential and commercial real estate, blue chip equities, andfixed income instruments. In addition, she has freelanced as a tutor in highschool mathematics and sciences, and served as a research assistant in variousbiological control projects at UBC and Agriculture Canada.

Given that Ms. Sing hasno previous experience in mineral exploration or operating a mining company,she intends to perform her job for us by engaging consultants who haveexperience in the areas where she is lacking. Ms. Sing has worked to familiarizeherself with our business by attending technical courses in Economic Geology atBCIT as well as various mineral exploration conferences in the summer andautumn of 2008.

Ms. Sing acted as ourPresident and Chief Executive Officer since our incorporation on February 14,2007 to May 12, 2010.

Ms. Sing does not hold a directorship in any other reporting company.
***Term of Office***
Our director has beenappointed to hold office until the next annual general meeting of ourshareholders or until removed from office in accordance with our bylaws.  Our officers are appointed by our boardof directors and hold office until removed by the board.
***Conflicts ofInterest***
We do not have anyprocedures in place to address conflicts of interest that may arise in our directorsbetween our business and their other business activities.

During the last twoyears, prior to his appointment as an officer o the Company there has been notransaction or proposed transaction that the Company was or is a party to inwhich Mr. Gillespie had or is to have a direct or indirect material interest.

We do not expect anyconflict of interest between any of our officers or directors and the Companyin the future.
***Significant Employees***
Sillenger has no employees who are not executive officers, but who areexpected to make a significant contribution to our business.

23

***Involvement in Certain Legal Proceedings***

During the past five years, none of our directors or officers have been:     
-  a general partner or executive officer of any business against which anybankruptcy petition was filed, either at the time of the bankruptcy or twoyears prior to that time;  
-  convicted in a criminal proceeding or named subject to a pendingcriminal proceeding (excluding traffic violations and other minor offenses);  
-  subject to any order, judgment or decree, not subsequently reversed,suspended or vacated, of any               courtof competent jurisdiction, permanently or temporarily enjoining, barring,suspending or otherwise limiting his involvement in any type of business,securities or banking activities; or  
-  found by a court of competent jurisdiction (in a civil action), theSecurities and Exchange Commission or the Commodity Futures Trading Commissionto have violated a federal or state securities or commodities law, and thejudgment has not been reversed, suspended or vacated. 
***Family Relationships***
There are no family relationships between any two or more of ourdirectors or executive officers. There is no arrangement or understandingbetween any of our directors or executive officers and any other personpursuant to which any director or officer was or is to be selected as adirector or officer, and there is no arrangement, plan or understanding as towhether non-management shareholders will exercise their voting rights tocontinue to elect the current board of directors. There are also noarrangements, agreements or understandings to our knowledge betweennon-management shareholders that may directly or indirectly participate in orinfluence the management of our affairs.
***AuditCommittee Financial Expert***
Sillenger does not have a standing Audit Committee. The functions of theAudit Committee are currently assumed by our Board of Directors.  Additionally, Sillenger does not have amember on its board of directors that has been designated as an audit committee"financial expert."  Sillengerdoes not believe that the addition of such an expert would add anythingmeaningful to Sillenger at this time. It is also unlikely Sillenger would be able to attract an independentfinancial expert to serve on its Board of Directors at this stage of itsdevelopment.  In order to enticesuch a director to join its Board of Directors Sillenger would probably need toacquire directors' errors and omission liability insurance and providesome form of meaningful compensation to such a director; two things Sillengeris unable to afford at this time.
***No NominatingCommittee***
We do not have a standing nominating committee, our Board of Directorsis responsible for identifying new candidates for nomination to the Board. Wehave not adopted a policy that permits shareholders to recommend candidates forelection as directors or a process for shareholders to send communications tothe Board of Directors.
Compliance with Section 16(a) of the SecuritiesExchange Act of 1934
Under thesecurities laws of the United States, our directors, executive officers (andcertain other officers) and any persons holding more than 10% of ouroutstanding voting securities are required to report their ownership in our securitiesand any changes in that ownership to the SEC. Based solely upon reliance on theverbal and written representations of our director and officer, we believe weare in compliance with Section 16(a) of the *Securities Exchange Act of1934*.  Under this sectionMs. Carolyne Sing is now required to file a Form 3 initial report with theSecurities and Exchange Commission and file a Form 4 on any subsequentchanges.  

Other than asdisclosed below, Ms. Sing has not bought or sold any securities sinceFebruary 14, 2007 when we issued 3,000,000 shares of our common stock to Ms.Carolyne Sing, for an aggregate purchase price of $3,000.00.  These shares were subsequently forwardsplit to represent 21,000,000 share of our common stock in March of 2009 alongwith all other issued and outstanding shares of Sillenger.  On May 26, 2010, Mrs. Sing closed an agreement with MrGillespie to sell Mr. Gillespie her entire block of Sillenger shares, whichrepresents a 51.46% controlling interest in Sillenger. 

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***Code of Ethics***
Sillenger has not adopted a Code of Ethics at this time and the Board ofDirectors of Sillenger is reviewing the necessity of adopting such a documentat this time by Sillenger given the composition of its Board of Directors andOfficer and its scale of its operations at this time.
**Item 11. Executive Compensation.**                                                                              ***Summary Compensation ofExecutive Officers***
The following table contains information concerning thecompensation paid during our fiscal years ended February 28, 2010, February 28,2009 and February 28, 2008 to the persons who served as our Chief ExecutiveOfficers, and each of the two other most highly compensated executive officers duringour 2010 fiscal year (collectively, the "Named Executive Officers").

**SUMMARY COMPENSATION TABLE**

Name and Principal Position 

Year 

Salary ($)

Bonus ($)

Stock Awards  ($)

Option Awards  ($) 

Non-Equity Incentive Plan  Compen-  sation   ($)

Change in Pension   Value  and Non-  qualified   Deferred Compen-  sation ($)

All Other  Compen-sation  ($) 

Total  ($)

Carolyne Sing  President CEO, Treasurer, Secretary, Acting CFO and Director(1)

2010

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

2009

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

2008

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

**Notes**:

(1) 

Ms. Sing   was appointed President, CEO, Treasurer, Secretary and a Director of  the Company on February 14, 2007, the date of our formation.  Ms. Sing resigned as President and CEO  fo Sillenger on May 12, 2010.  Mr.  John Gillespie was appointed President and CEO of Sillenger in her place.
***Compensation of Directors***DirectorCompensation Table
The following table setsforth all compensation awarded to, earned by, or paid for services rendered tous in all capacities during the fiscal years ended February 28, 2010, February28, 2009 and February 29, 2008, by our directors.

Name

Year

Fees Earned or   Paid in Cash  ($)

Stock Awards or Options    (#)

All other Compensation  All other Compensation   ($)

Carolyne Sing

2010

None

None

None

2009

None

None

None

2008 

None

None

None
General
Sillenger's sole officerand director for the years ended February 28, 2010, February 28, 2009, andFebruary 28, 2008 has not received any compensation for her services renderedto Sillenger since inception. Carolyne Sing has agreed to act withoutcompensation until authorized by the Board of Directors.  Further, Carolyne Sing is not accruingany compensation pursuant to any agreement with Sillenger.

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***EquityCompensation Plan***
We do not presently havea equity compensation plan or stock option plan but intend to develop anincentive based stock option plan for our officers and directors in the futureand may reserve up to 20% of our outstanding shares of common stock for thatpurpose.
Employment Contracts and Termination ofEmployment or Change of Control
We have no plans orarrangements in respect of remuneration received or that may be received by ourexecutive officers to compensate such officers in the event of termination ofemployment (as a result of resignation or retirement).

No retirement, pension,profit sharing, stock option or insurance programs or other similar programshave been adopted by Sillenger for the benefit of its employees.
***NoCompensation Committee***
Wedo not have a compensation committee. The functions of the compensationcommittee are currently carried out by our Board of Directors. 
**Item 12. SecurityOwnership of Certain Beneficial Owners and Management and Related StockholderMatters.*****Principal Stockholders**, Directors and Officers***
The following table setsforth certain information as of May 31, 2010, regarding the beneficialownership of Sillenger's Common Stock by (i) each stockholder known by Sillengerto be the beneficial owner of more than 5% of Sillenger's Common Stock,(ii) by each Director and executive officer of Sillenger and (iii) by all 

executive officer andDirectors of Sillenger as a group. Each of the persons named in the table hassole voting and investment power with respect to Common Stock beneficiallyowned.

**Name and Address  of Beneficial Owner**

**Amount and Nature of  Beneficial Ownership(1)**

**Percent of Class**(3)

John Gillespie  President and   Chief Executive Officer  44 Charles St West   Suite 719  Toronto, Ontario  M4Y 1R7 

21,000,000(2)(Restricted securities as defined in the*Securities Act of 1933*)

51.46%

Carolyne Sing  Treasurer, Secretary, Acting CFO and Director  (Fomer President and Chief Executive Officer)  7839 -17th Avenue  Burnaby, BC  V3N 1M1

0(2)

0%

All officers and directors  as a group (2 person).

21,000,000(2)(Restricted securities as defined in the*Securities Act of 1933*)

51.46%

**Notes**:
(1)
 Unless otherwise  indicated, the named party is believed to have sole investment and voting  control of the shares set forth in the above table.
(2)
On May 26, 2010, Mr Gillespie acquired 21,000,000 shares of the  common stock of Sillenger previously held by Ms. Carolyne Sing.  These shares represent Ms.  Sing's entire block of Sillenger shares, which represents controlling  interest in Sillenger. .
(3)
The percent of class is based on 40,811,000 shares of common stock  issued and outstanding as of May 31, 2010..

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Thereare currently no options, warrants, rights or other securities conversionprivileges granted to our officer, director or beneficial owner.
***Equity Compensation Plan***
We did not have an equity compensation plan in place during the fiscal yearended February 28, 2010.                         
***Changes in Control***
On May 26, 2010, Mr Gillespie acquired 21,000,000 shares of the common stock ofSillenger previously held by Ms. Carolyne Sing.  These shares represent Ms. Sing'sentire block of Sillenger shares, which represents a 51.46% controllinginterest in Sillenger.

There are no presentarrangements or pledges of Sillenger's securities which may result in achange in control of Sillenger.
**Item 13. Certain Relationships and Related Transactions,and Director Independence.*****Certain Relationships and Related Transactions***
On February 14, 2007 our sole Director and Officer,Carolyne Sing acquired 3,000,000 shares of our common stock at a price of$0.001 for proceeds of $3,000.  Theseshares were subsequently forward split to represent 21,000,000 share of ourcommon stock in March of 2009.  On May 26, 2010,Mrs. Sing closed an agreement with Mr Gillespie to sell Mr. Gillespie herentire block of Sillenger shares, which represents a 51.46% controllinginterest in Sillenger. 

In return for Ms. Singholding the Bulkley mineral claims in trust for us, we have agreed to makepayments on behalf of Ms. Sing holding to keep the claim on good standing withthe Province of British Columbia. We anticipate the amount of the payments tobe made on behalf of Ms. Sing to be CDN $2,200 annually.

Ms. Sing donates servicesand rent to us that are recognized on our financial statements.

Except as noted above,none of the following parties has, since our inception on February 14, 2007,had any material interest, direct or indirect, in any transaction with us or inany presently proposed transaction that has or will materially affect us:
-  Any of our directors or officers;  
-  Any person proposed as a nomineefor election as a director;  
-  Any person who beneficially owns,directly or indirectly, shares carrying more than 10% of the voting rightsattached to our outstanding shares of common stock;  
-  Any of our promoters;  
-  Any relative or spouse of any ofthe foregoing persons who has the same house as such person.  

The promoter of ourcompany is Carolyne Sing. Except for the transactions with Ms. Sing notedabove, there is nothing of value to be received by each promoter, eitherdirectly or indirectly, from us. Additionally, except for the transactionsnoted above, there have been no assets acquired or are any assets to beacquired from each promoter, either directly or indirectly, from us.
***Director Independence***
We currently do not have any independent directors, as the term"independent" is defined by Nasdaq Marketplace Rule 4200(a)(15).  An"independent director" means a person other than an executive officeror employee of the issuer or any other individual having a relationship which,in the opinion of the issuer's board of directors, would interfere with theexercise of independent judgement in carrying out the responsibilities of adirector, and includes any director who accepted any compensation from theissuer in excess of $200,000 during any period of 12 consecutive months withthe three past fiscal years. Also, the ownership of the issuer's stock will notpreclude a director from being independent. 

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We currently only have one director on our Board of Directors, Ms.Carolyne Sing.

The Company is currently traded on the OTCQB, which does not requirethat a majority of the Board be independent.

We do not have a compensation committee, nominating committee or auditcommittee.  The functions of thesecommittees are performed by our Board of Directors. 
**Item 14. Principal Accountant Fees and Services****.*****Fees andServices***
We were formed February 14, 2007. Silberstein Ungar, PLLC, Certified Public Accountants andBusiness Advisors, audited our financial statementsfor fiscal 2009 and 2010.  Thefollowing is an aggregate of fees billed for each of the last two years forprofessional services rendered by our principal accountants:

**2010**

**2009**

Audit fees - auditing of  our annual financial statements and preparation of auditors' report.

  $     4,750

$     4,500

Audit-related fees - review  of each of the quarterly financial statements.

1,800

4,300   

Tax fees - preparation and  filing of three major tax-related forms and tax planning.

250

250

All other fees -  other services provided by our principal accountants.

-

-

Total fees paid or accrued  to our principal accountants

  $     6,800

$     9,050

**Notes**:

  (1)

  This  number is an estimate only.
***Pre-ApprovalPolicies and Procedures***
We understand the need for our principal accountants to maintainobjectivity and independence in their audit of our financial statements. Tominimize relationships that could appear to impair the objectivity of ourprincipal accountants, our audit committee has restricted the non-auditservices that our principal accountants may provide to us primarily to taxservices and review assurance services.

We are only to obtain non-audit services from our principal accountantswhen the services offered by our principal accountants are more effective oreconomical than services available from other service providers, and, to theextent possible, only after competitive bidding. These determinations are amongthe key practices adopted by the audit committee effective during fiscal 2010.The board has adopted policies and procedures for pre-approving work performedby our principal accountants.

After careful consideration, the audit committee of the board ofdirectors has determined that payment of the above audit fees is in conformancewith the independent status of our company's principal independentaccountants. Before engaging the auditors in additional services, the auditcommittee considers how these services will impact the entire engagement andindependence factors.

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**PART IV****Item 15. Exhibits, Financial Statement and Schedules**
**Exhibit Number**

**Exhibit Title **

3.1

Articles of Incorporation  (incorporated by reference from our  Form SB-1 Registration Statement, filed July 2, 2008).

3.3

10.1

Bylaws (incorporated by reference from our Form SB-1 Registration  Statement, filed  July 2, 2008).   Buckley Declaration of Trust concerning our mineral claims (incorporated by  reference from our Form S-1 Registration Statement, filed June 2, 2008).

31.a

Section 906 Certificate of CEO

31.b

Section 906 Certificate of CFO

32.a

Section 302 Certificate of CEO  & CFO
**SIGNATURES**
Pursuant to the requirementsof Section 13 or 15(d) of the *Securities Exchange Act of1934*, the registrant has duly caused this report to be signed on itsbehalf by the undersigned, thereunto duly authorized. 

                                                                

**  SILLENGER EXPLORATION  CORP.**

/s/ John Gillespie

 By: 

  John Gillespie, President and Chief  Executive Officer

Date:

  June 1, 2010

                                                

Pursuant to the requirementsof Section 13 or 15(d) of the *Securities Exchange Act of1934*, this report has been signed below by the following persons onbehalf of the registrant and in the capacities indicated.

 

/s/ John Gillespie

 By: 

  John Gillespie, President and Chief Executive  Officer

Date:

  June 1, 2010

/s/ Carolyne Sing 

 By: 

  Carolyne Sing, Secretary, Treasurer, Chief  Financial Officer,     Principal Accounting Officer and  Director

Date:

  June 1, 2010

29

**