================================================================================


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

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

         For the quarterly period ended January 31, 2005

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

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

                  Commission File Number       333-110363
                                         ---------------------



                             TAMARACK VENTURES, INC.
 -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


             Nevada                                          41-2052984
--------------------------------               ---------------------------------
(State or other jurisdiction of                (IRS Employer Identification No.)
incorporation or organization)


21 Falcon Avenue, Box 1135
Manitouwadge, Ontario, Canada                                 P0T 2C0
---------------------------------------                    -------------
(Address of principal executive offices)                     (Zip Code)


Issuer's telephone number, including area code:             807-826-2922
                                                           --------------

                                      None
 -------------------------------------------------------------------------------
   (Former name, former address and former fiscal year, if changed since last
                                    report)


Indicate by check 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 preceding 12 months (or for such shorter period that the issuer was required
to file such reports),  and (2) has been subject to such filing requirements for
the past 90 days
[ X ] Yes [ ] No

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

<page>

Tamarack Ventures, Inc.
(An Exploration Stage Company)

January 31, 2005

                                                                          Index

Balance Sheets..............................................................F-1

Statements of Operations....................................................F-2

Statements of Cash Flows....................................................F-3

Notes to the Financial Statements...........................................F-4




















<page>

Tamarack Ventures, Inc.
(An Exploration Stage Company)
Balance Sheets
(Expressed in US dollars)

<table>
<caption>
                                                                                       January 31,       July 31,
                                                                                          2005             2004
                                                                                            $                $
                                                                                       (Unaudited)       (Audited)

                                                                                     <c>               <c>
ASSETS

Current Assets

Cash                                                                                           -                 -
----------------------------------------------------------------------------------------------------------------------

Total Assets                                                                                   -                 -
======================================================================================================================


LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities

Accounts payable                                                                           6,341               729
Accrued liabilities                                                                        1,850             3,750
Due to related parties (Note 3)                                                           15,592            10,616
----------------------------------------------------------------------------------------------------------------------

Total Liabilities                                                                         23,783            15,095
----------------------------------------------------------------------------------------------------------------------


Contingencies (Note 1)

Stockholders' Deficit

Common Stock, 75,000,000 shares authorized, $0.001 par value
6,320,000 shares issued and outstanding                                                    6,320             6,320

Additional Paid in Capital                                                                30,930            30,930

Donated Capital  (Note 3)                                                                 57,000            47,500

Deficit Accumulated During the Exploration Stage                                        (118,033)          (99,845)
----------------------------------------------------------------------------------------------------------------------

Total Stockholders' Deficit                                                              (23,783)          (15,095)
----------------------------------------------------------------------------------------------------------------------

Total Liabilities and Stockholders' Deficit                                                    -                 -
----------------------------------------------------------------------------------------------------------------------
</table>





                                       F-1

    (The accompanying notes are an integral part of the financial statements)

<page>

Tamarack Ventures, Inc.
(An Exploration Stage Company)
Statements of Operations
(Expressed in US dollars)
(Unaudited)

<table>
<caption>
                                           Accumulated from      For the          For the        For the       For the
                                            June 27, 2002      three months    three months    Six months    Six months
                                         (Date of Inception)      ended            ended          Ended         Ended
                                            to January 31,      January 31      January 31     January 31    January 31
                                                 2005              2005            2004           2005          2004
                                                  $                 $                $              $             $


                                            <c>               <c>              <c>            <c>           <c>
Revenue                                                -                 -               -                            -
---------------------------------------------------------------------------------------------------------------------------

Expenses

Management fees (Note 3(c))                       31,000             3,000           3,000          6,000          6,000
Mineral property exploration (Note 4)             31,020             1,049               -          2,432            234
Office and general                                10,783             1,930           1,716          2,656          2,276
Professional fees (Note 3(b))                     29,730             1,650           7,375          4,100          9,125
Rent (Note 3(c))                                  15,500             1,500           1,500          3,000          3,000
---------------------------------------------------------------------------------------------------------------------------

                                                 118,033             9,129          13,591         18,188         20,635
---------------------------------------------------------------------------------------------------------------------------

Net Loss For the Period                         (118,033)           (9,129)        (13,591)         (18,188)     (20,635)
===========================================================================================================================

Net Loss Per Share - Basic and Diluted                              (0.00)           (0.00)          (0.00)           (0.00)
===========================================================================================================================

Weighted Average Shares Outstanding                              6,320,000       6,320,000      6,320,000      6,320,000
===========================================================================================================================
</table>




                                       F-2

    (The accompanying notes are an integral part of the financial statements)

<page>

Tamarack Ventures, Inc.
(An Exploration Stage Company)
Statements of Cash Flows
(Expressed in US dollars)
(Unaudited)

<table>
<caption>
                                                               Accumulated From       For the          For the
                                                                June 27, 2002        Six Months       Six Months
                                                             (Date of Inception)       Ended            Ended
                                                                to January 31,      January 31,      January 31,
                                                                     2005               2005             2004
                                                                      $                  $                $

                                                               <c>                 <c>                <c>
Cash Flows Used In Operating Activities

Net loss for the period                                              (118,033)         (18,188)         (20,635)

Adjustments to reconcile net loss to cash:

   Donated services and rent                                           57,000            9,500           14,000
   Common shares issued for mineral property                           12,750                -                -

Change in operating assets and liabilities:

   Increase in accounts payable                                         6,341            5,612           (1,250)
   Increase (decrease) in accrued liabilities                           1,850           (1,900)               -
   Increase (decrease) in due to related parties                       15,592            4,976              483
--------------------------------------------------------------------------------------------------------------------

Net Cash Used in Operating Activities                                 (24,500)               -           (7,402)
--------------------------------------------------------------------------------------------------------------------

Cash Flows From Financing Activities

   Proceeds from issuance of common stock                              24,500                -                -
--------------------------------------------------------------------------------------------------------------------

Net Cash Flows Provided By Financing Activities                        24,500                -                -
--------------------------------------------------------------------------------------------------------------------

(Decrease) in Cash                                                          -                -           (7,402)

Cash - Beginning of Period                                                  -                -           10,014
--------------------------------------------------------------------------------------------------------------------

Cash - End of Period                                                        -                -            2,612
====================================================================================================================


Supplemental Disclosures

   Interest paid                                                            -                -                -
   Income taxes paid                                                        -                -                -
====================================================================================================================
</table>






                                       F-3

    (The accompanying notes are an integral part of the financial statements)

<page>

1.   Exploration Stage Company

     The Company was  incorporated  in the State of Nevada on June 27, 2002. The
     Company  has  acquired a 100%  interest in one  mineral  claim,  and has an
     option to acquire a 100%  interest  in an  additional  two  mineral  claims
     located in the Sault Ste. Marie Mining Division, Ontario, Canada.

     The Company is an  Exploration  Stage  Company,  as defined by Statement of
     Financial  Accounting  Standard  ("SFAS") No.7 "Accounting and Reporting by
     Development Stage  Enterprises".  The Company's  principal  business is the
     exploration of mineral resources.  The Company has not presently determined
     whether its  properties  contain  mineral  reserves  that are  economically
     recoverable.

     These  financial  statements  have been prepared on a going concern  basis,
     which implies the Company will continue to realize its assets and discharge
     its  liabilities  in the normal  course of business.  The Company has never
     generated  revenues since inception and has never paid any dividends and is
     unlikely  to  pay  dividends  or  generate  earnings  in the  immediate  or
     foreseeable  future.  The continuation of the Company as a going concern is
     dependent upon the continued  financial support from its shareholders,  the
     ability of the Company to obtain  necessary  equity  financing  to continue
     operations  and  to  determine  the  existence,  discovery  and  successful
     exploitation   of  economically   recoverable   reserves  in  its  resource
     properties,  confirmation  of the  Company's  interests  in the  underlying
     properties,  and the attainment of profitable operations. As at January 31,
     2005,  the Company has a working  capital  deficiency  of $23,783,  and has
     accumulated losses of $118,033 since inception.  These financial statements
     do not include any adjustments to the  recoverability and classification of
     recorded  asset amounts and  classification  of  liabilities  that might be
     necessary  should the  Company be unable to  continue  as a going  concern.
     These factors raise  substantial  doubt regarding the Company's  ability to
     continue as a going concern.

     The Company's SB-2 Registration Statement was declared effective on May 14,
     2004 by the United States  Securities  and Exchange  Commission to register
     3,170,000 shares of common stock for resale by existing shareholders of the
     Company. The Company did not receive any proceeds from the resale of shares
     of common  stock by the  selling  stockholders.  The  Company's  shares are
     listed on the NASD OTC-BB under the symbol TMVK.


2.   Summary of Significant Accounting Policies

a)       Basis of Presentation and Fiscal Year

         These   financial   statements  and  related  notes  are  presented  in
         accordance with accounting  principles generally accepted in the United
         States, and are expressed in US dollars.  The Company's fiscal year-end
         is July 31.

b)       Use of Estimates

         The  preparation  of  financial  statements  in  conformity  with  U.S.
         generally accepted  accounting  principles  requires management to make
         estimates and  assumptions  that affect the reported  amounts of assets
         and liabilities and disclosure of contingent  assets and liabilities at
         the  date of the  financial  statements  and the  reported  amounts  of
         revenues and expenses during the reporting period. Actual results could
         differ from those estimates.

c)       Basic and Diluted Net Income (Loss) Per Share

         The Company  computes net income  (loss) per share in  accordance  with
         SFAS No. 128, "Earnings per Share". SFAS No. 128 requires  presentation
         of both basic and diluted  earnings  per share (EPS) on the face of the
         income  statement.  Basic EPS is computed by dividing net income (loss)
         available to common  shareholders  (numerator) by the weighted  average
         number of shares outstanding  (denominator) during the period.  Diluted
         EPS gives effect to all dilutive  potential  common shares  outstanding
         during the  period  using the  treasury  stock  method and  convertible
         preferred stock using the  if-converted  method.  In computing  Diluted
         EPS, the average stock price for the period is used in determining  the
         number of shares  assumed to be  purchased  from the  exercise of stock
         options or warrants. Diluted EPS excludes all dilutive potential shares
         if their effect is anti dilutive.



                                       F-4

<page>

2.   Summary of Significant Accounting Policies (continued)

d)       Exploration and Development Costs

         The Company has been in the  exploration  stage since its  formation in
         June  2002  and  has  not  realized  any  revenues   from  its  planned
         operations. It is primarily engaged in the acquisition, exploration and
         development of mining  properties.  Acquisition and  exploration  costs
         related to mineral  properties  are expensed as  incurred.  When it has
         been determined that a mineral  property can be economically  developed
         as a result of  establishing  proven and probable  reserves,  the costs
         incurred to develop such property, are capitalized.  Such costs will be
         amortized using the units-of-production  method over the estimated life
         of the probable reserve.

e)       Cash and Cash Equivalents

         The Company  considers all highly liquid  instruments  with maturity of
         three months or less at the time of issuance to be cash equivalents.

f)       Comprehensive Loss

         SFAS No. 130, "Reporting  Comprehensive  Income," establishes standards
         for the reporting and display of comprehensive  loss and its components
         in the financial statements. As at January 31, 2005, the Company has no
         items that  represent  a  comprehensive  loss and,  therefore,  has not
         included a schedule of comprehensive loss in the financial statements.

g)       Financial Instruments

         The fair values of accounts  payable,  accrued  liabilities and amounts
         due to a related party  approximate  their  carrying  values due to the
         immediate or short-term maturity of these financial instruments.

h)       Income Taxes

         Potential  benefits  of income  tax losses  are not  recognized  in the
         accounts  until  realization  is more likely than not.  The Company has
         adopted SFAS No. 109 "Accounting for Income Taxes" as of its inception.
         Pursuant  to SFAS No. 109 the  Company is required to compute tax asset
         benefits for net operating losses carried forward. Potential benefit of
         net  operating  losses  have not  been  recognized  in these  financial
         statements because the Company cannot be assured it is more likely than
         not it will utilize the net operating  losses carried forward in future
         years.

i)       Foreign Currency Translation

         The Company's  functional  and reporting  currency is the United States
         dollar.  Foreign  currency  transactions  are  primarily  undertaken in
         Canadian  dollars and are  translated  into United States dollars using
         exchange  rates at the date of the  transaction.  Monetary  assets  and
         liabilities  denominated  in foreign  currencies are remeasured at each
         balance sheet date at the exchange rate prevailing at the balance sheet
         date.  Foreign  currency  exchange  gains and  losses  are  charged  to
         operations.  The  Company  has not,  to the  date of  these  financials
         statements, entered into derivative instruments to offset the impact of
         foreign currency fluctuations.

j)       Recent Accounting Pronouncements

         In December 2004,  FASB issued SFAS No. 153,  "Exchanges of Nonmonetary
         Assets - An  Amendment  of APB  Opinion No.  29".  The  guidance in APB
         Opinion No. 29, "Accounting for Nonmonetary Transactions",  is based on
         the principle that  exchanges of nonmonetary  assets should be measured
         based on the fair value of the assets  exchanged.  The guidance in that
         Opinion,  however,  included certain exceptions to that principle. SFAS
         No.  153  amends   Opinion  No.  29  to  eliminate  the  exception  for
         nonmonetary exchanges of similar productive assets and replaces it with
         a general  exception  for exchanges of  nonmonetary  assets that do not
         have  commercial  substance.  A  nonmonetary  exchange  has  commercial
         substance if the future cash flows of the entity are expected to change
         significantly  as a result of the exchange.  The provisions of SFAS No.
         153 are effective for nonmonetary  asset exchanges  occurring in fiscal
         periods  beginning after June 15, 2005. Early  application is permitted
         and companies  must apply the standard  prospectively.  The adoption of
         this  standard  is not  expected  to  have  a  material  effect  on the
         Company's results of operations or financial position.


                                       F-5

<page>

2.   Summary of Significant Accounting Policies (continued)

j)       Recent Accounting Pronouncements (continued)

         In December  2004,  the  Financial  Accounting  Standards  Board (FASB)
         issued  Statement of  Financial  Accounting  Standard  (SFAS) No. 123R,
         "Share  Based  Payment".  SFAS  123R  is a  revision  of SFAS  No.  123
         "Accounting for Stock-Based  Compensation",  and supersedes APB Opinion
         No. 25,  "Accounting  for Stock  Issued to  Employees"  and its related
         implementation  guidance.  SFAS  123R  establishes  standards  for  the
         accounting  for  transactions  in which an entity  exchanges its equity
         instruments  for goods or services.  It also addresses  transactions in
         which an entity  incurs  liabilities  in exchange for goods or services
         that are based on the fair value of the entity's equity  instruments or
         that may be settled by the issuance of those equity  instruments.  SFAS
         123R  focuses  primarily on  accounting  for  transactions  in which an
         entity obtains employee services in share-based  payment  transactions.
         SFAS 123R does not  change  the  accounting  guidance  for  share-based
         payment transactions with parties other than employees provided in SFAS
         123 as  originally  issued and  Emerging  Issues  Task Force  Issue No.
         96-18, "Accounting for Equity Instruments That Are Issued to Other Than
         Employees for  Acquiring,  or in  Conjunction  with  Selling,  Goods or
         Services". SFAS 123R does not address the accounting for employee share
         ownership plans, which are subject to AICPA Statement of Position 93-6,
         "Employers'  Accounting for Employee Stock Ownership Plans".  SFAS 123R
         requires  a public  entity to  measure  the cost of  employee  services
         received in exchange  for an award of equity  instruments  based on the
         grant-date fair value of the award (with limited exceptions). That cost
         will be recognized over the period during which an employee is required
         to provide  service in exchange for the award - the  requisite  service
         period  (usually  the  vesting  period).  SFAS 123R  requires  that the
         compensation  cost  relating to  share-based  payment  transactions  be
         recognized in financial statements. That cost will be measured based on
         the fair value of the equity or liability instruments issued. The scope
         of  SFAS  123R  includes  a  wide  range  of  share-based  compensation
         arrangements   including   share  options,   restricted   share  plans,
         performance-based awards, share appreciation rights, and employee share
         purchase  plans.  Public  entities that file as small business  issuers
         will be  required  to apply  SFAS 123R in the first  interim  or annual
         reporting  period that begins after  December 15, 2005. The adoption of
         this  standard  is not  expected  to  have  a  material  effect  on the
         Company's results of operations or financial position.

k)       Interim Financial Statements

         These interim unaudited financial  statements have been prepared on the
         same basis as the annual  financial  statements  and in the  opinion of
         management,   reflect  all  adjustments,   which  include  only  normal
         recurring  adjustments,  necessary  to  present  fairly  the  Company's
         financial  position,  results  of  operations  and cash  flows  for the
         periods  shown.  The  results of  operations  for such  periods are not
         necessarily  indicative of the results  expected for a full year or for
         any future period.

3.   Related Party Balances/Transactions

a)       The President of the Company paid for certain expenses on behalf of the
         Company during the six month period ended January 31, 2005 amounting to
         $3,322 (2004 - $1,019), of which the Company reimbursed him $1,220. The
         President  also  advanced  $3,000 to the Company  during the  six-month
         period ended January 31, 2005.  The amount owing at January 31, 2005 to
         the  President  of  $7,102  (July  31,  2004 -  $2,126)  is  unsecured,
         non-interest bearing and has no terms of repayment.

b)       A former  director  of the Company  paid for  expenses on behalf of the
         Company amounting to $500 and advanced $7,990 to the Company during the
         prior year ended July 31, 2004. The amount owing at January 31, 2005 of
         $8,490 (July 31, 2004 - $8,490) is unsecured,  non-interest bearing and
         has no terms of repayment.  Also, this former director provided donated
         professional  services for the six-month  period ended January 31, 2005
         totalling  $500 (2004 - $5,000).  This amount was charged to operations
         and recorded as donated capital.

c)       The President provides  management  services and office premises to the
         Company.  The  services  are  valued at $1,000 per month and the office
         premises  are valued at $500 per month.  During  the  six-month  period
         ended January 31, 2005 the President donated services of $6,000 (2004 -
         $6,000) and donated rent of $3,000 (2004 - $3,000).  These amounts were
         charged to operations and recorded as donated capital.

                                       F-6

<page>

4.       Mineral Properties

a)       The Company  entered into a mineral  property  option  agreement  dated
         December  1, 2002 with Raven  Resources  Inc.  whereby  the Company was
         granted  an option to acquire a 100%  interest  in two  mineral  claims
         located in the Sault Ste. Marie Mining Division,  Ontario,  Canada.  In
         order to acquire a 100%  interest in these  claims,  the  Company  must
         issue 250,000 shares of common stock  (issued),  pay $35,000 in various
         stages to December 1, 2005 ($2,500 paid), and incur at least $50,000 in
         exploration  costs by December 1, 2005.  If the Company  exercises  the
         option,  the claims will be subject to a 2% net smelter returns royalty
         and a 2% gross overriding  royalty on diamond  production.  Advance net
         smelter returns royalty  payments of $10,000 are due on December 1 each
         year commencing December 1, 2005.

b)       The Company  entered  into an  agreement  dated April 28, 2003 with Mr.
         Gilles  Gionet to acquire a 100% interest in a mineral claim located in
         the Sault Ste. Marie Mining Division,  Ontario,  Canada.  This claim is
         subject to a 1% net smelter returns  royalty and a 1% gross  overriding
         royalty on diamond  production.  Under the terms of the agreement,  the
         Company paid $1,000 and issued  250,000  shares of common stock to earn
         their interest.














                                       F-7

<page>

Forward-Looking Statements

This Form 10-QSB includes "forward-looking statements" within the meaning of the
"safe-harbor"  provisions  of the Private  Securities  Litigation  Reform Act of
1995.  Such statements are based on management's  current  expectations  and are
subject to a number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking statements.

All statements  other than  historical  facts  included in this Form,  including
without  limitation,   statements  under  "Plan  of  Operation",  regarding  the
Company's  financial  position,  business strategy,  and plans and objectives of
management  of the  Company  for  the  future  operations,  are  forward-looking
statements.

Although  the  Company  believes  that  the   expectations   reflected  in  such
forward-looking  statements are  reasonable,  it can give no assurance that such
expectations will prove to have been correct. Important factors that could cause
actual results to differ materially from the Company's expectations include, but
are  not  limited  to,  market  conditions,   competition  and  the  ability  to
successfully complete financing.

Item 2. Plan of Operation

Plan of Operation

We do not intend to conduct any further  exploration on the Percy Lake property.
We may  consider  bringing  in a joint  venture  partner to provide  funding for
additional  exploration on the property.  However,  we cannot provide  investors
with any assurance  that we will be able to locate a joint  venture  partner who
will assist us in funding the exploration of the Percy Lake property.

Management  intends to review other potential  resource and non-resource  assets
for acquisition.

We anticipate  spending the following over the next 12 months on  administrative
fees:

   *         $5,000 on legal fees
   *         $7,000 on accounting and audit fees
   *         $1,500 on EDGAR filing fees
   *         $1,000 on Transfer Agent fees
   *         $10,000 on general administration costs

Total  expenditures  over  the  next 12  months  are  therefore  expected  to be
approximately $24,500.

Results Of Operations For Period Ending January 31, 2005

We did not earn any revenues  during the  six-month  period  ending  January 31,
2005. We incurred  operating expenses in the amount of $18,188 for the six-month
period  ended  January  31,  2004,  as  compared  to a loss of  $20,635  for the
comparative  period in 2004.  The  slight  decrease  in net loss in the  current
fiscal  year is  primarily  a result  of the  higher  professional  fees that we
incurred  during fiscal 2004 in connection  with the filing of our  registration
statement on Form SB-2 with the Securities & Exchange Commission.

Our operating  expenses in the first six months of the current  fiscal year were
comprised of the $6,000 in donated management fees, $4,100 in professional fees,
$3,000 in donated  rent,  $2,432 in mineral  property  exploration  expenses and
$2,656  in  general  and  office  expenses.  We  have  not  attained  profitable
operations  and are dependent  upon  obtaining  financing to pursue  exploration
activities.

At  January  31,  2005,  we had no cash  on  hand  and  liabilities  of  $23,783
consisting  of accounts  payable of $6,341,  accrued  liabilities  of $1,850 and
$15,592 due to related parties.

<page>

Item 3 Controls and Procedures

Evalution of Disclosure Controls

We  evaluated  the  effectiveness  of our  disclosure  controls  and  procedures
subsequent  to the end of our  interim  period  ended  January  31,  2005.  This
evaluation was conducted with the  participation of our chief executive  officer
and our principal accounting officer.

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

Limitations on the Effective of Controls

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

Conclusions

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

PART II- OTHER INFORMATION

Item 1. Legal Proceedings

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

Item 2. Changes in Securities

None.

Item 3. Defaults Upon Senior Securities

None.

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

None.

<page>

Item 5. Other Information

None.

Item 6. Exhibits and Report on Form 8-K

 31.1     Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
           to Section 302 of the Sarbanes-Oxley Act of 2002
 31.2     Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
          to Section 302 of the Sarbanes-Oxley Act of 2002
 32.1     Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
          to Section 906 of the Sarbanes-Oxley Act of 2002
 32.2     Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
          to Section 906 of the Sarbanes-Oxley Act of 2002

We did not file any current reports on Form 8-K during the quarter ended January
31, 2005


SIGNATURES

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

DATE:  March 15, 2005

Tamarack Ventures, Inc.


/s/ Robert Reukl
-----------------------
Robert Reukl, President