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  February 28, 2003



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.

-----------------------------

Yukon  Territory  Canada

91-0239195

---------------------------------------------



---------------------

(State of other jurisdiction of incorporation

(I.R.S. Employer

or  organization)

Identification  No.)



Suite 500  625 Howe Street

Vancouver, British Columbia, Canada

V6C 2T6

----------------------------------------------

--------------

(Address  of  principal  executive  offices)

(Zip  Code)



604-688-0833

---------------------------------------------------

(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. 61,955,654



Transitional  Small  Business  Disclosure  Format  (check  one);

Yes  ( )  No  (X)







---

NEVADA  STAR  RESOURCE  CORP.

FORM 10-QSB

FOR  THE  QUARTERLY  PERIOD  ENDED  NOVEMBER 30, 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



None.



Item 4.The Company held its Annual General Meeting on February 12, 2003. 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



| |                                | 36,821,391 |  | For       | 83.35%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 16,400     |  | Against   | 0.04% 
| |                                | 0          |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 44,176,352 | 7,338,561  |  | In Person | 16.61%



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:



Gerald G. Carlson

Monty Moore

Robert Angrisano

Stuart Havenstrite

Richard Graeme

















---



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



| | Carlson, Gerald G.             | 36,745,139 |  | For       | 83.35%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 0          |  | Against   | 0.00% 
| |                                | 92,652     |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 44,176,352 | 7,338,561  |  | In Person | 16.65%
| |                                |            |  |           |       
| | Moore, Monty                   | 36,596,139 |  | For       | 83.30%
| | .                              | 0          |  | Against   | 0.00% 
| |                                | 241,652    |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 44,176,352 | 7,338,561  |  | In Person | 16.70%
| |                                |            |  |           |       
| | Angrisano, Robert              | 36,704,228 |  | For       | 83.40%
| |                                | 0          |  | Against   | 0.00% 
| |                                | 165,000    |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 44,176,352 | 7,307,124  |  | In Person | 16.60%
| |                                |            |  |           |       
| | Havenstrite, Stuart            | 36,596,139 |  | For       | 83.30%
| |                                | 0          |  | Against   | 0.00% 
| |                                | 241,652    |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 44,176,352 | 7,338,561  |  | In Person | 16.70%
| |                                |            |  |           |       
| | Graeme, Richard W.             | 36,584,739 |  | For       | 83.29%
| |                                | 0          |  | Against   | 0.00% 
| |                                | 253,052    |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 44,176,352 | 7,338,561  |  | In Person | 16.71%



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.



| |                                | 36,755,139 |  | For       | 83.36%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 0          |  | Against   | 0.00% 
| |                                | 82,652     |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 44,176,352 | 7,338,561  |  | In Person | 16.64%



4.  Stock Option Plan



The Board of Directors of the Company adopted a stock option plan (the Stock Option Plan) effective January 15, 2003, subject to acceptance by the TSX Venture Exchange and the shareholders of the Company.



The purpose of the Stock Option Plan is to allow the Company to grant options to directors, officers, employees and service providers, as additional compensation, and as an opportunity to participate in the profitability of the Company. The granting of such options is intended to align the interests of such persons with that of the Company. Options will be exercisable over periods of up to ten years as determined by the board of directors of the Company and are required to have an exercise price no less than the Discounted Market Price as defined in





---

the Plan prevailing on the day that the option is granted. Pursuant to the Stock Option Plan, the board of directors may from time to time authorize the issue of options to directors, officers, employees and consultants of the Company and its subsidiaries or employees of companies providing management services to the Company or its subsidiaries. The maximum number of Shares which may be issued pursuant to options previously granted and those granted under the Stock Option Plan will be a maximum of 10% of the issued and outstanding Shares of the Company at the time of grant. In addition, the number of Shares which may be reserved for issuance to any one individual may not exceed 5% of the issued Shares on a yearly basis. Vesting of options granted under the Stock Option Plan shall be at the discretion of the board of directors.



The Stock Option Plan was approved by a majority of the votes cast by shareholders other than insiders or their associates to whom Shares may be issued pursuant to the Stock Option Plan.



| |                                | 13,210,431 |  | For       | 63.70%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 191,000    |  | Against   | 0.92% 
| |                                | 0          |  | Withheld  |       
| |                                | 23,436,360 |  | Not Voted |       
| | Total shares voted: 44,176,352 | 7,338,561  |  | In Person | 35.38%



5.  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, 2002 were ratified and approved.



| | Approve of Directors Acts     | 36,683,791 |  | For       | 83.04%
| | ------------------------------ | ---------- |  | --------- | ------
| |                                | 154,000    |  | Against   | 0.35% 
| |                                | 0          |  | Withheld  |       
| |                                | 0          |  | Not Voted |       
| | Total shares voted: 44,156,352 | 7,338,561  |  | In Person | 16.61%





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/ Gerald G. Carlson

Date:  April 15, 2003



Gerald G. Carlson, President





BY:

/s/ Karen Liu

Date:  April 15, 2003



Karen Liu, Principal Financial Officer





---



CERTIFICATION





I, Gerald G. Carlson, certify that:



1.

I have reviewed this quarterly report on Form 10-QSB of Nevada Star Resource Corp;



2.

Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;



3.

Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;



4.

The registrants other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:



(a)

designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report if being prepared;



(b)

evaluated the effectiveness of the registrants disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the Evaluation Date); and



(c)

presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;



5.

The registrants other certifying officer and I have disclosed, based on our most recent evaluation, to the registrants auditors and the audit committee of registrants board of directors (or persons performing the equivalent functions):



(a)

all significant deficiencies in the design or operation of internal controls which could adversely affect the registrants ability to record, process, summarize and report financial data and have identified for the registrants auditors any material weaknesses in internal controls; and

(b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal controls; and

6.

The registrants other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Date:  April 15, 2003



/s/ Gerald G. Carlson





Gerald G. Carlson, Principal Executive Officer



---

CERTIFICATION





I, Karen Liu, certify that:



1.

I have reviewed this quarterly report on Form 10-QSB of Nevada Star Resource Corp;



2.

Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;



3.

Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;



4.

The registrants other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:



(a)

designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report if being prepared;



(b)

evaluated the effectiveness of the registrants disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the Evaluation Date); and



(c)

presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;



5.

The registrants other certifying officer and I have disclosed, based on our most recent evaluation, to the registrants auditors and the audit committee of registrants board of directors (or persons performing the equivalent functions):



(a)

all significant deficiencies in the design or operation of internal controls which could adversely affect the registrants ability to record, process, summarize and report financial data and have identified for the registrants auditors any material weaknesses in internal controls; and

(b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal controls; and

6.

The registrants other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Date:  April 15, 2003

/s/ Karen Liu



Karen Liu, Principal Financial Officer

---

INDEX TO EXHIBITS



Exhibit 99.1  Certification of Gerald G. Carlson, Principal Executive Officer



Exhibit 99.2  Certification of Karen Liu, Principal Financial Officer