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Exhibit 12.2
                                  CERTIFICATION

I, Darcy Krell,  principal financial officer and principal accounting officer of
Gemstar Resources Ltd., certify that:

1.    I have reviewed this annual report on Form 20-F of Gemstar Resources Ltd.;

2.     Based on my knowledge,  this quarterly report does not contain any untrue
       statement of 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 report;

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

4.     The  company's  other  certifying  officer  and  I  are  responsible  for
       establishing  and  maintaining  disclosure  controls and  procedures  (as
       defined in  Exchange  Act Rules 13a- 15(e) and  15d-15(e))  and  internal
       control  over  financial  reporting  (as  defined in  Exchange  Act Rules
       13a-15(f) and 15d-15(f)) for the company and have:

     a)   designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          company, including its consolidated subsidiaries,  is made known to us
          by others  within those  entities,  particularly  during the period in
          which this report is being prepared;

     b)   designed such internal  control over  financial  reporting,  or caused
          such  disclosure  control  and  procedures  to be  designed  under our
          supervision, to provide reasonable assurance regarding the reliability
          of financial reporting and the preparation of financial statements for
          external  purposes in accordance  with generally  accepted  accounting
          principles;

     c)   evaluated the effectiveness of the company's  disclosure  controls and
          presented in this report our conclusions  about the  effectiveness  of
          the disclosure  controls and  procedures,  as of the end of the period
          covered by this report based on such evaluation; and

    d)    disclosed in this report any change in the company's  internal control
          over financial  reporting  that occurred  during the period covered by
          the annual  report  that  has  materially  affected,  or is reasonably
          likely to  materially  affect,  the  company's  internal  control over
          financial reporting; and

5.    The company's other certifying officer and I have disclosed,  based on our
      most recent evaluation of internal controls over financial  reporting,  to
      the company's  auditors and the audit  committee of the company's board of
      directors (or persons performing the equivalent functions):

   (a)    all significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably likely to adversely affect the company's ability to record,
          process, summarize and reporting financial information; and

   (b)    any fraud, whether or not material,  that involves management or other
          employees  who  have a  significant  role  in the  company's  internal
          control over financial reporting.


Date:  November 24, 2006

/s/ Darcy Krell
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Darcy Krell
(principal accounting officer
and principal financial officer)