UNITED STATES

SECURITIES  AND  EXCHANGE  COMMISSION

Washington,  D.C.  20549





FORM  10-QSB





[  X  ]  QUARTERLY  REPORT  PURSUANT  TO  SECTION  13  OR  15(D)  OF  THE

SECURITIES  EXCHANGE  ACT  OF  1934



For  the  quarterly  period  ended  May 31,  2002



OR



[    ]  TRANSITION  REPORT  PURSUANT  TO  SECTION  13  OR  15(D)  OF  THE

SECURITIES  EXCHANGE  ACT  OF  1934



For  the  transition  period  from  to



Commission  file  number

0-25489



NEVADA  STAR  RESOURCE  CORP.

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Yukon  Territory  Canada

91-0239195

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(State of other jurisdiction of incorporation

(I.R.S. Employer

or  organization)

Identification  No.)



10735  Stone  Avenue  North

Seattle,  WA

98133

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(Address  of  principal  executive  offices)

(Zip  Code)





(206)  367-2525



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(Issuer's  telephone  number,  including  area  code)



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



State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date.   56,653,280



Transitional  Small  Business  Disclosure  Format  (check  one);

Yes  ( )  No  (X)







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NEVADA  STAR  RESOURCE  CORP.

FORM 10-QSB

FOR  THE  QUARTERLY  PERIOD  ENDED  May 31, 2002





PART I. - FINANCIAL INFORMATION



The  Registrant  falls  within  the  provisions  of  Rule  13a-13(c)(2)  of  the Securities  Exchange  Act  of  1934, as amended, and claims exemption thereunder from  the  requirement  to  file  Part  I.



PART II - ` OTHER INFORMATION



Items 1, 2 and 5  Omitted  As  Not  Applicable.



Item 3. Changes in Securities



On March 28, 2002 the Company completed a private placement of its securities. 1,290,484 units at a price of $CDN 0.15 per unit. Gross proceeds of the offering were $CDN 193,572. Each unit consisted of one common share and one share purchase warrant.  Each share purchase warrant entitles the holder thereof to purchase one additional common share in the capital of the Company for a period of two years from closing at the exercise price of $CDN 0.25 in the first year and $CDN 0.50 in the second year expiring March 28, 2004.



The securities were offered for sale by the Companys officers and directors. No sales commissions or selling concessions were paid in connection with the sale of the securities.



The securities were offered pursuant to exemptions from registration under Regulation S and Rule 506 of Regulation D promulgated under the Securities Act of 1933, as amended. There were 11 purchasers in the Regulation D offering, each of whom were accredited investors.  There were 9 subscribers in the Regulation S offering. A legend was placed on each certificate indicating that the shares had not been registered and were restricted from resale.



Item 4.The Company held its Annual General Meeting on May 15, 2002. The following matters were submitted to a vote of the Shareholders at the meeting:



1.  To Fix the Number of Directors at five (5).



The following sets forth the tabulation of shares voting for this matter



| |                                | 23,729,828 |  | For       | 92.77%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 78,500     |  | Against   | 0.31% 
| |                                | 0          |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 6.92% 



1.

Election of Directors at the Annual General Meeting.



The following persons were elected Directors of the Company to hold office until the election of Directors at the next Annual General Meeting :

Monty D. Moore

Gerald G. Carlson

Robert Angrisano

Stuart Havenstrite

Richard Graeme



The following sets forth the tabulation of shares voting for each Director



| | Carlson, Gerald G.             | 23,719,828 |  | For       | 93.06%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 0          |  | Against   | 0.00% 
| |                                | 88,500     |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 6.94% 
| |                                |            |  |           |       
| | Moore, Monty D                 | 23,719,828 |  | For       | 93.06%
| | .                              | 0          |  | Against   | 0.00% 
| |                                | 88,500     |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 6.94% 
| |                                |            |  |           |       
| | Angrisano, Robert              | 22,108,739 |  | For       | 92.59%
| |                                | 0          |  | Against   | 0.00% 
| |                                | 1,699,589  |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 7.41% 
| |                                |            |  |           |       
| | Havenstrite, Stuart            | 21,973,739 |  | For       | 92.55%
| |                                | 0          |  | Against   | 0.00% 
| |                                | 1,834,589  |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 7.45% 
| |                                |            |  |           |       
| | Graeme, Richard W.             | 23,702,328 |  | For       | 93.05%
| |                                | 0          |  | Against   | 0.00% 
| |                                | 106,000    |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 6.95% 





2.

Appointment of Auditors.



Smythe Ratcliffe, Chartered Accountants, were appointed as Auditors for the Company to hold office until the close of the next annual general meeting of the Company.  The directors were authorized to fix the remuneration to be paid to the auditors. The following sets for the tabulation of shares voting for this matter.



| |                                | 23,729,828 |  | For       | 93.06%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 0          |  | Against   | 0.00% 
| |                                | 78,500     |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 6.94% 



4.  Acquisition of M.A.N. Resources, Inc.



The Company entered into a Share Purchase and Sale Agreement (the Agreement) dated January 9, 2002 with M.A.N. Resources, Inc. (MAN) and its shareholders. MAN is a private company incorporated pursuant to the laws of the State of Washington and controlled by two of the directors of the Company, Monty Moore and Robert Angrisano.  Pursuant to the terms of the Agreement, the Company will issue up to 15,600,000 Shares at a deemed price of $0.10 per Share, or such other number of shares as is deemed advisable in the discretion of the Board of Directors and is acceptable to regulatory authorities, to the shareholders of MAN, plus two convertible debentures to two shareholders of MAN.  The purchase price represents the consideration for the transfer to the Company of the 15,600,000 outstanding shares of MAN (representing 100% of the ownership of MAN).  The two convertible debentures, for the aggregate amount of US $842,334, which may be converted into an aggregate maximum of 9,400,000 Shares, are to be issued to two shareholders of MAN, Monty D. Moore and Robert Angrisano, for advances made to MAN.



| |                                | 13,157,046 |  | For       | 85.44%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 472,521    |  | Against   | 3.07% 
| |                                | 0          |  | Withheld  |       
| |                                | 10,178,761 |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 11.49%





5.  Reverse Split and Name Change.



If the Companys current search for financing does not result in the Company attaining such financing or attaining profitability, the Company may require a capital restructuring.  Such restructuring may require a Share consolidation.  A concurrent change of name is a Canadian Venture Exchange requirement in such an event.  Obtaining shareholder acceptance of a Share consolidation at the Annual General Meeting will avoid any expense and delay of such a restructuring if it were to be required prior to the holding of the next Annual General Meeting.  At the date of the Annual General meeting, Management had no plans to implement a Share consolidation and name change.



Accordingly, management requested shareholder acceptance of a consolidation of the Shares on the basis of five (5) current Shares into one (1) new Share, or such other ratio as the directors in their absolute discretion determine to be appropriate, and a concurrent name change to Nevada Star Resources Limited or such other name as the directors in their absolute discretion determine to be appropriate, subject to all required regulatory approvals.  Additionally, the post-consolidation capital of the Company was amended to provide for an unlimited number of common shares without par values.



| | Reverse Split Authorization    | 21,946,639 |  | For       | 85.80%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 1,861,689  |  | Against   | 7.28% 
| |                                | 0          |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 6.92% 





| | Name Change                    | 23,592,183 |  | For       | 92.96%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 16,200     |  | Against   | 0.06% 
| |                                | 0          |  | Withheld  |       
| |                                | 199,945    |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 6.97% 





| | Increase Post-Consolidation Authorized Capital | 21,777,918 |  | For       | 85.14%
| | ---------------------------------------------- | ---------- |  | --------- | ------
| |                                                | 2,030,410  |  | Against   | 7.94% 
| |                                                | 0          |  | Withheld  |       
| |                                                | 0          |  | Not Voted |       
| | Total shares voted: 25,577,984                 | 1,769,656  |  | In Person | 6.92% 



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6.  Approval of Directors Acts.



All acts of the directors and officers of the Company on its behalf since the last annual general meeting of the Company including matters referred to in the Financial Statements of the Company as at August 31, 2001 were ratified and approved.



| | Approve of Directors Acts     | 1,316,906  |  | For       | 41.61%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 78,500     |  | Against   | 2.48% 
| |                                | 0          |  | Withheld  |       
| |                                | 22,412,922 |  | Not Voted |       
| | Total shares voted: 25,577,984 | 1,769,656  |  | In Person | 55.91%







SIGNATURES*



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





NEVADA  STAR  RESOURCE  CORP.





BY: /s/ Monty D. Moore

Date:  July 15, 2002

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Monty D. Moore, Chairman



* The Company does not have a Principal Financial  Officer or Chief Accounting Officer