----

**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 December 31, 2005**                                                                       |
|                               |                                                                                                                                      |
|                               | **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 333-130767**

**ADMAX      RESOURCES INC.**

| **Nevada**                                                                    | **N/A**                                          |
|-------------------------------------------------------------------------------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (IRS                Employer Identification No.) |

**794      East 20th Avenue**

**Vancouver,      British Columbia**

**Canada      V5V 1N3**

**(778)      863-0186**

**Yes [X] No [ ]**

**2,380,000**

**Yes [ ] No [X]**

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**PART      I.**

**ITEM      1. - FINANCIAL STATEMENTS**

|                                                         | Index  |
|--------------------------------------------------------------|--------|
|                                                         |   |
| Balance                Sheets                                | F-1    |
|                                                         |   |
| Statements                of Income                          | F-2    |
|                                                         |   |
| Statements                of Cash Flows                      | F-3    |
|                                                         |   |
| Statements                of Changes in Stockholders' Equity | F-4    |
|                                                         |   |
| Statements                of Retained Earnings (Deficit)     | F-5    |
|                                                         |   |
| Notes                to the Financial Statements             | F-6    |

----

| **ADMAX                RESOURCES INC.**                                                                                                                                 |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **(A                Nevada Corporation)**                                                                                                                               |
| **(An                Exploration Stage Company)**                                                                                                                       |
| **Balance                Sheets**                                                                                                                                       |
| **At                December 31, 2005**                                                                                                                                 |
| **(With                Comparative Figures at June 30, 2005)**                                                                                                          |
| **(Expressed                in US Dollars)**                                                                                                                            |
|                                                                                                                                                                    |   |   |   |   |
|                                                                                                                                                                    |   |   |   |   |
|                                                                                                                                                                    |   | December                31, 2005 |   | June                  30, 2005 |
|                                                                                                                                                                    |   | (Unaudited,                prepared |   | (Audited) |
|                                                                                                                                                                    |   | by                management) |   |   |
|                                                                                                                                                                    |   |   |   |   |
|                                                                                                                                                                    |   |   |   |   |
| **ASSETS**                                                                                                                                                              |   |   |   |   |
|                                                                                                                                                                    |   |   |   |   |
| **Current                Assets**                                                                                                                                       |   |   |   |   |
|     Cash                                                                                                                                            | $ | 29,089 | $ | 244 |
|                                                                                                                                                                    |   |   |   |   |
| **Total                assets**                                                                                                                                         | **$** | **29,089** | **$** | **244** |
|                                                                                                                                                                    |   |   |   |   |
|                                                                                                                                                                    |   |   |   |   |
| **LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT)**                                                                                                       |   |   |   |   |
|                                                                                                                                                                    |   |   |   |   |
| **Current                Liabilities**                                                                                                                                  |   |   |   |   |
|     Accounts                payable and accrued liabilities                                                                                         | $ | 750 | $ | 4,801 |
|     Loan                payable to related party (note 5)                                                                                           |   | 10,369 |   | 10,369 |
| **Total                Current Liabilities**                                                                                                                            |   | 11,119 |   | 15,170 |
|                                                                                                                                                                    |   |   |   |   |
| **Stockholders'                Equity**                                                                                                                                 |   |   |   |   |
|     Common                stock (Note 4)                                                                                                            |   |   |   |   |
|         Authorized:                                                                                                             |   |   |   |   |
|             100,000,000                common shares, with a par value                of $0.00001 per share |   |   |   |   |
|             100,000,000                preferred shares, with a par value of $0.00001 per share        |   |   |   |   |
|         Issued                and outstanding:                                                                                  |   |   |   |   |
|             2,380,000                common shares, at par value                                            |   | 24 |   | 10 |
|             Additional                paid                in capital                                        |   | 34,486 |   | - |
|                                                                                                                                                                    |   | 34,510  |   | 10 |
|                                                                                                                                                                    |   |   |   |   |
|     Retained                earnings (deficit), accumulated during the                exploration stage                                             |   | (16,540) |   | (14,936) |
| **Total                stockholders' equity (Deficit)**                                                                                                                 |   | 17,970 |   | (14,926) |
| **Total                liabilities and stockholders' equity (Deficit)**                                                                                                 | **$** | **29,089** | **$** | **244** |

----

| **ADMAX                RESOURCES INC.**                             |
|---------------------------------------------------------------------|
| **(A                Nevada Corporation)**                           |
| **(An                Exploration Stage Company)**                   |
| **Statements                of Income**                             |
| **For                the Six Month Period Ended December 31, 2005** |
| **(Expressed                in US Dollars)**                        |
| **(Unaudited                - Prepared by Management)**             |
|                                                                |
|                                                                |
|                                                                |   |   |   |   |   | From |
|                                                                |   | Three                Month |   | Six                Month |   | May                18, 2005 |
|                                                                |   | Period                Ended |   | Period                Ended |   | (Inception)                to |
|                                                                |   | December                31, |   | December                31, |   | December                31, |
|                                                                |   | **2005** |   | **2005** |   | **2005** |
|                                                                |   |   |   |   |   |   |
| **General                and administrative expenses**              |   |   |   |   |   |   |
|                                                                | Audit                and accounting fees | $ | - | $ | 758 | $ | 2,158 |
|                                                                | Bank                charges and interest |   | 347 |   | 556 |   | 681 |
|                                                                | Legal                fees |   | - |   | - |   | 10,000 |
|                                                                | Filing                fees |   | - |   | 290 |   | 290 |
|                                                                | Impairment                of Mineral property costs and deferred |   |   |   |   |   |   |
|                                                                | exploration                expenditures |   |   |   | - |   | 3,411 |
| **Total                general and administrative expenses**        |   | 347 |   | 1,604 |   | 16,540 |
|                                                                |   |   |   |   |   |   |
| **Net                income (loss) for the period**                 |   | (347) |   | (1,604) |   | (16,540) |
|                                                                |   |   |   |   |   |   |
| **Earnings                (loss) per share**                        |   |   |   |   |   |   |
|                                                                | Basic                and diluted | $ | -0.00 | $ | -0.00 | $ | -0.01 |
|                                                                |   |   |   |   |   |   |
| **Weighted              average number of shares outstanding**      |   |   |   |   |   |   |
|                                                                | Basic                and diluted |   | 2,380,000 |   | 2,380,000 |   | 2,380,000 |

----

| **ADMAX                RESOURCES INC.**                             |
|---------------------------------------------------------------------|
| **(A                Nevada Corporation)**                           |
| **(An                Exploration Stage Company)**                   |
| **Statements                of Cash Flows**                         |
| **For                the Six Month Period Ended December 31, 2005** |
| **(Expressed                in US Dollars)**                        |
| **(Unaudited                - Prepared by Management)**             |
|                                                                |
|                                                                |   |   |   |   |   |   |
|                                                                |   |   |   |   |   | From |
|                                                                |   | Three                Month |   | Six                Month |   | May                18, 2005 |
|                                                                |   | Period                Ended |   | Period                Ended |   | (Inception)                to |
|                                                                |   | December                31, |   | December                31, |   | December                31, |
|                                                                |   | **2005** |   | **2005** |   | **2005** |
|                                                                |   |   |   |   |   |   |
| **Cash                derived from (used for)**                     |   |   |   |   |   |   |
|                                                                | **Operating                activities** |   |   |   |   |   |   |
|                                                                |   | Net                income (loss) for the period | $ | (347) | $ | (1,604) | $ | (16,540) |
|                                                                |   |   |   |   |   |   |   |   |
|                                                                |   | Add                Back: |   |   |   |   |   |   |
|                                                                |   |   | Impairment                of Mineral property costs and deferred                exploration expenditures |   |   |   |   |   | 3,411 |
|                                                                |   |   |   |   |   |   |   |   | (13,129) |
|                                                                |   |   |   |   |   |   |   |   |   |
|                                                                |   | Changes                in operating assets and liabilities |   |   |   |   |   |   |
|                                                                |   |   | Accounts                payable and accrued liabilities |   | - |   | (4,051) |   | 750 |
|                                                                |   |   |   |   |   |   |   |   |   |
|                                                                | **Net                  cash provided by (used in) **operating                  activities**** |   | (347) |   | (5,655) |   | (12,379) |
|                                                                |   |   |   |   |   |   |   |   |   |
|                                                                | **Investing                activities** |   |   |   |   |   |   |
|                                                                |   | Mineral                property costs and deferred exploration expenditures |   |   |   |   |   | (3,411) |
|                                                                |   |   |   |   |   |   |   |
|                                                                | **Net                cash used in investing activities** |   |   |   |   |   | (3,411) |
|                                                                |   |   |   |   |   |   |   |
|                                                                | **Financing                activities** |   |   |   |   |   |   |
|                                                                |   | Loan                payable to related party |   | - |   | - |   | 10,369 |
|                                                                |   | Capital                stock paid |   | 22,500 |   | 34,500 |   | 34,510 |
|                                                                |   |   |   |   |   |   |   |
|                                                                | **Net                  cash provided by (used in)**investing                  activities |   | 22,500 |   | 34,500 |   | 44,879 |
|                                                                |   |   |   |   |   |   |   |   |   |
| **Cash                increase during the period**                  |   | 22,153 |   | 28,845 |   | 29,089 |
|                                                                |   |   |   |   |   |   |   |   |   |
| **Cash                beginning of the period**                     |   | 6,936 |   | 244 |   | - |
|                                                                |   |   |   |   |   |   |
| **Cash                end of the period**                           | **$** | **29,089** | **$** | **29,089** | **$** | **29,089** |

----

| **ADMAX                RESOURCES INC.**                                                                         |
|-----------------------------------------------------------------------------------------------------------------|
| **(A                Nevada Corporation)**                                                                       |
| **(An                Exploration Stage Company)**                                                               |
| **Statements                of Changes in Stockholders' Equity**                                                |
| **From                Date of Incorporation and Inception on May 18, 2005 to December 31,                2005** |
| **(Expressed                in US Dollars)**                                                                    |
| **(Unaudited                - Prepared by Management)**                                                         |
|                                                                                                            |
|                                                                                                            |
|                                                                                                            |   |   |   | Common |   |   |   |   |   | Deficit |   |   |
|                                                                                                            |   |   |   |  Shares |   |   |   |   |   | Accumulated |   |   |
|                                                                                                            |   |   |   |   |   | Par                Value |   | Additional |   | During                the |   |   |
|                                                                                                            |   |   |   |   |   | Per                  Share |   | Paid-in |   | Exploration |   |   |
|                                                                                                            |   | Number |   |   |   | @$0.00001 |   | Capital |   | Stage |   | Total |
|                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,              May              18, 2005 (Date of Inception)                                             |  $ | - |   |   |  $ | - |  $ | - |  $ | - |  $ | - |
|                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Capital                stock issued for cash on May 19, 2005                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| at                  a price of $0.00001                  per share                                              |   | 1,000,000 |   |   |   | 10 |   | - |   | - |   | 10 |
|                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                loss, May 18, to June 30, 2005                                                               |   |   |   |   |   |   |   |   |   | (14,936) |   | (14,936) |
|                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balance,                June 30, 2005**                                                                       |   | 1,000,000 |   |   |   | 10 |   | - |   | (14,936) |   | (14,926) |
|                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Capital                stock issued for cash on September 20, 2005                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| at                  a price of $0.025                  per share                                                |   | 1,380,000 |   |   |   | 14 |   | 34,486 |   |   |   | 34,500 |
|                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss, six month period ended                  December 31, 2005                            |   |   |  |   |   |  |   |   |  |   |   |  |   |   | (1,604) |   |  (1,604) |
| **Balance,                December 31, 2005**                                                                   |  $ |   | **2,380,000** |   |   |   |  $ |   | 24 |  $ |   | 34,486 | $ |   | (16,540) | $ |  **17,970** |

----

| **ADMAX                RESOURCES INC.**                                                   |
|-------------------------------------------------------------------------------------------|
| **(A                Nevada Corporation)**                                                 |
| **(An                Exploration Stage Company)**                                         |
| **Statements                of Retained Earnings (Deficit)**                              |
| **For                the Six Month Period Ended December 31, 2005**                       |
| **(Expressed                in US Dollars)**                                              |
| **(Unaudited                - Prepared by Management)**                                   |
|                                                                                      |
|                                                                                      |
|                                                                                      |
|                                                                                      |
|                                                                                      |   |   |   |   |   | From |
|                                                                                      |   | Three                Month |   | Six                Month |   | May                18, 2005 |
|                                                                                      |   | Period                Ended |   | Period                Ended |   | (Inception)                to |
|                                                                                      |   | December                31, |   | December                31, |   | December                31, |
|                                                                                      |   | **2005** |   | **2005** |   | **2005** |
|                                                                                      |   |   |   |   |   |   |
|                                                                                      |   |   |   |   |   |   |
| **Retained                  earnings (deficit),**beginning                  of the period | $ | (16,193) | $ | (14,936) | $ | - |
|                                                                                      |   |   |   |   |   |   |
| **Net                income (loss ) for the period**                                      |   | (347) |   | (1,604) |   | (16,540) |
|                                                                                      |   |   |   |   |   |   |
| **Retained                earnings (deficit), end of the period**                         | **$** | **(16,540)** | **$** | **(16,540)** | **$** | **(16,540)** |

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**ADMAX      RESOURCES INC.**

|   | Admax                Resources Inc. ("The                Company")                was incorporated in the State of Nevada on May 18, 2005 and that                is also                the inception date. The company is an Exploration Stage Company as                defined                by Statement of Financial Accounting Standard ("SFAS')                No. 7. The Company has acquired a mineral property located in the                Province                of British Columbia, Canada, and has not yet determined whether this                property contains reserves that are economically recoverable. The                recoverability of amounts from the property will be dependent upon                the                discovery of economically recoverable reserves, confirmation of the                Company's                interest in the underlying property, the ability of the Company to                obtain                necessary financing to satisfy the expenditure requirements under                the                property agreement, and to complete the development of the property,                and                upon future profitable production or proceeds from the sale                thereof. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | These                financial statements have been prepared in accordance with generally                accepted accounting principles in the United States of America applicable                to a going concern which assume that the Company will realize its                assets                and discharge its liabilities in the normal course of business. The                Company has incurred losses of $16,540 since inception and might                not have                sufficient working capital for the next twelve months. These factors                create doubt as to the ability of the Company to continue as a going                concern. Realization values may be substantially different from the                carrying values as shown in these financial statements should the                Company                be unable to continue as a going concern. The Company has a working                capital at December 31, 2005 of $17,970. Management is in the process                of                identifying sources for additional financing to fund working capital                requirements and the ongoing development of the Company's                business. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                financial statements of the Company have been prepared in accordance                with                generally accepted accounting principles in the United States of                America                and are expressed in US dollars. The Company's                fiscal year end is June 30. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | In                April 2004, the Financial Accounting Standards Board ("FASB") ratified                Emerging Issues Task Force ("EITF") Issue No. 04-2, which amends                Statement                of Financial Accounting Standards ("SFAS") NO. 141 to the extent                all                mineral rights are to be considered tangible assets for accounting                purposes. The accounting policy related to mineral property has been                revised as follows: |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Mineral                properties consist of exploration and mining concessions, options                and                contracts. Acquisition and leasehold cost and exploration costs are                capitalized and deferred until such time as the property is put into                production or the properties are disposed of either through sale                or                abandonment. These costs are evaluated at the end of each reporting                period                for indication of impairment. If put into production, the costs of                acquisition and exploration will |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**ADMAX      RESOURCES INC.**

|   | be                depreciated over the life of the property, based on estimated economic                reserves. Proceeds received from the sale of any interest in property                will                first be credited against the carrying value of the property, with                any                excess included in operation for the period. If a property is abandoned,                the property and deferred exploration costs will be written off to                operations. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                preparation of financial statements in conformity with US 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. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                Company's                functional and reporting currency is the United States dollar. The                financial statements of the Company are translated to United States                dollars in accordance with SFAS No. 52 "Foreign                Currency Translation".                Monetary assets and liabilities denominated in foreign currencies                are                translated using the exchange rate prevailing at the balance sheet                date.                Gains and losses arising on translation or settlement of foreign                currency                denominated transactions or balances are included in the determination                of                income. Foreign currency transactions are primarily undertaken in                Canadian                dollars. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                carrying value of cash, accounts payable and accrued liabilities                and loan                payable to related party, approximate their fair value because of                the                short maturity of these instruments. The Company's                operations are in Canada and virtually all of its assets and liabilities                are giving rise to significant exposure to market risks from changes                in                foreign currency rates. The financial risk is the risk to the                Company's                operations that arise from fluctuations in foreign exchange rates                and the                degree of volatility of these rates. Currently, the Company does                not use                derivative instruments to reduce its exposure to foreign currency                risk. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Environmental                expenditures that relate to current operations are charged to operations                or capitalized as appropriate. Expenditures that relate to an existing                condition caused by past operations, and which do not contribute                to                current or future revenue generation, are charged to operations.                Liabilities are recorded when environmental assessments and/or remedial                efforts are probable, and the cost can be reasonably estimated. Generally,                the timing of these accruals coincides with the earlier of completion                of a                feasibility study or the Company's                commitments to a plan of action based on the then known                facts. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**ADMAX      RESOURCES INC.**

|   | 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                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 benefits 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; and accordingly is offset by a valuation                allowance. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 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. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | In                December 2002, the Financial Accounting Standards Board issued Financial                Accounting Standard No.148, "Accounting                for Stock-Based Compensation -                Transition                and Disclosure"                ("SFAS                No. 148"),                an amendment of Financial Accounting Standard No.123 "Accounting                for Stock-Based Compensation"                ("SFAS                No. 123").                The purpose of SFAS No. 148 is to: (1) provide alternative methods                of                transition for an entity that voluntarily changes to the fair value                based                method of accounting for stock-based employee compensation, (2) amend                the                disclosure provisions to require prominent disclosure about the effects                on                reported net income of an entity's                accounting policy decisions with respect to stock-based employee                compensation, and (3) to require disclosure of those effects in interim                financial information. The disclosure provisions of SFAS No. 148                were                effective for the Company for the period ended December 31,                2005. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**ADMAX      RESOURCES INC.**

| Note                2 |   | Summary                of Significant Accounting Policies -                (cont'd) |
|-----------------------|--------|------------------------------------------------------------------------------------------|

|   |   | The                Company has elected to account for stock-based employee compensation                arrangements in accordance with the provisions of Accounting Principles                Board Opinion No. 25, "Accounting                for Stock Issued to Employees",                ("APB                No. 25")                and comply with the disclosure provisions of SFAS No. 123 as amended                by                SFAS No. 148 as described above. In addition, in accordance with                SFAS No.                123 the Company applies the fair value method using the Black-Scholes                option-pricing model in accounting for options granted to consultants.                Under APB No. 25, compensation expense for employees is recognized                based                on the difference, if any, on the date of grant between the estimated                fair                value of the Company's                stock and the amount an employee must pay to acquire the stock.                Compensation expense is recognized immediately for past services                and                pro-rata for future services over the option-vesting period. To December                31, 2005 the Company has not granted any stock                options. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   | The                Company accounts for equity instruments issued in exchange for the                receipt                of goods or services from other than employees in accordance with                SFAS No.                123 and the conclusions reached by the Emerging Issues Task Force                in Issue                No. 96-18. Costs are measured at the estimated fair market value                of the                consideration received or the estimated fair value of the equity                instruments issued, whichever is more reliably measurable. The value                of                equity instruments issued for consideration other than employee services                is determined on the earliest of a performance commitment or completion                of                performance by the provider of goods or services as defined by EITF                96-18. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   | The                Company has also adopted the provisions of the Financial Accounting                Standards Board Interpretation No.44, Accounting for Certain Transactions                Involving Stock Compensation -                An                Interpretation of APB Opinion No. 25 ("FIN                44"),                which provides guidance as to certain applications of APB                25. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   | The                Company has no items that represent other comprehensive                income. |
|--------|--------|---------------------------------------------------------------------------------------------------|

|   |   | Cash                consists of funds on deposit with the Company's                bankers. |
|--------|--------|---------------------------------------------------------------------------------------------|

----

**ADMAX      RESOURCES INC.**

|   | The                company owns a 100% interest in a mineral claim referred to as August                mineral claim, comprising a total of 12 contiguous units and an area                of                622 acres. The property is situated south of Princeton, Similkameen                Region, British Columbia, Canada. The claim was acquired on June                28, 2005                by Mr. Zhenyong Gao on behalf of the Company from Jacqueline Ann                Mcleod                for $10.00. The property is held in trust for the Company by Mr.                Zhenyong                Gao. The Tenure Number of the property is 514554 and is in good standing                until June 15, 2006. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                preferred stock may be divided into, and issued, in series. The Board                of                Directors of the Company is authorized to divide the authorized shares                of                preferred stock into one or more series, each of which shall be so                designated as to distinguish the shares thereof from the shares of                all                other series and classes. The Board of Directors of the Company is                authorized, within any limitations prescribed by law and this Article,                to                fix and determine the designations, rights, qualifications, preferences,                limitations and terms of the shares of any series of preferred stock                including but not limited to the                following: |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | The                rate of dividend, the time of payment of dividends, whether dividends                are                cumulative, and the date from which any dividends shall                accrue; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Whether                shares may be redeemed, and, if so, the redemption price and the                terms and                conditions of redemption; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                amount payable upon shares in the event of voluntary or involuntary                liquidation; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------|

|   | (d) | Sinking                fund or other provisions, if any, for the redemption or purchase                of                shares; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | The                terms and conditions on which shares may be converted, if the shares                of                any series are issued with the privilege of                conversion; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | Voting                powers, if any, provided that if any of the preferred stock or series                thereof shall have voting rights, such preferred stock or series                shall                vote only on a share for share basis with the common stock on any                matter,                including but not limited to the election of directors, for which                such                preferred stock or series has such rights;                and, |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | Subject                to the foregoing, such other terms, qualifications, privileges,                limitations, options, restrictions, and special or relative rights                and                preferences, if any, of shares or such series as the Board of Directors                of                the Company may, at the time so acting, lawfully fix and determine                under                the laws of the State of Nevada. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                Company shall not declare, pay or set apart for payment any dividend                or                other distribution (unless payable solely in shares of common stock                or                other class of stock junior to the preferred stock as to dividends                or upon                liquidation) in respect of common stock, or other class of stock                junior                the preferred stock, nor shall it redeem, purchase or otherwise acquire |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**ADMAX      RESOURCES INC.**

|   | for                consideration shares of any of the foregoing, unless dividends, if                any,                payable to holders of preferred stock for the current period (and                in the                case of cumulative dividends, if any, payable to holder of preferred                stock                for the current period and in the case of cumulative dividends, if                any,                for all past periods) have been paid, are being paid or have been                set                aside for payments, in accordance with the terms of the preferred                stock,                as fixed by the Board of Directors. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | In                the event of the liquidation of the Company, holders of preferred                stock                shall be entitled to receive, before any payment or distribution                on the                common stock or any other class of stock junior to the preferred                stock                upon liquidation, a distribution per share in the amount of the                liquidation preference, if any, fixed or determined in accordance                with the                terms of such preferred stock plus, if so provided in such terms,                and                amount per share equal to accumulated and unpaid dividends in respect                of                such preferred stock (whether or not earned or declared) to the date                of                such distribution. Neither the sale, lease or exchange of all or                substantially all of the property and assets of the Company, nor                any                consolidation or merger of the Company, shall be deemed to be a                liquidation for the purposes of these terms and conditions |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | As                at December 31, 2005, $10,369 is a loan payable to a related party,                who is                a Director, Chief Executive Officer and principal shareholder of                the                company. This amount is unsecured, bears no interest and has no specific                terms of repayment. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | No                management remuneration has been recorded for related parties during                the                period. |
|--------|----------------------------------------------------------------------------------------------------------------------------------|

|   | Potential                benefits of income tax losses are not recognized in the accounts                until                realization is more likely than not. The Company has incurred a net                operating loss of $16,540. 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. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                components of the net deferred tax asset at December 31, 2005, and                the                statutory tax rate, the effective tax rate and the elected amount                of the                valuation allowance are disclosed below:   |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                  | $       |
|---------------------------------------|---------|
| Net                Operating Loss     | 16,540  |
| Statutory                Tax Rate     | 34%     |
| Effective                Tax Rate     | -       |
| Deferred                Tax Asset     | 5,624   |
| Valuation                Allowance    | (5,624) |
|                                  |    |
| Net                Deferred Tax Asset | -       |

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**ADMAX      RESOURCES INC.**

|   | The                Company has committed to its attorney to pay $20,000 for legal fees                for                preparation of and filing of a Form SB-2 registration. The amount                of                $10,000 has been paid and is expensed in these financial statements                and                the balance of $10,000 is due upon SEC effectiveness and is therefore                not                recorded as a liability at December 31, 2005. Subsequent to December                31,                2005, this amount was paid (note                8). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Subsequent                to December 31, 2005 (On January 19, 2006), the balance of legal                fee of                $10,000 was paid and recorded as an                expense. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**ITEM      2. **
**MANAGEMENT'S      DISCUSSION AND ANALYSIS OR PLAN OF OPERATION**

**Plan      of Operation**

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**Milestones**

| 1. | April                2006, retain our consultant to manage the exploration of the property.                -                Maximum cost of $15,000. Time of retention 0-90 days. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | May                to August, 2006 - Core drilling. Core drilling will cost $20.00 per                foot.                The number of holes to be drilled will be dependent upon the amount                raised                from the offering. Core drilling will be subcontracted to non-affiliated                third parties. No power source is need for core drilling. The drilling                rig                operates on diesel fuel. All electric power need, for light and heating                while on the property will be generated from gasoline powered generators.                Time to conduct the core drilling - 90 days. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | August                to November, 2006 - Have independent an third party analyze the samples                from the core drilling. Determine if mineralized material is below                the                ground. If mineralized material is found, define the body. We estimate                that it will cost $3,000 to analyze the core samples and will take                30                days. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Liquidity      and Capital Resources **

**ITEM      3. **
**CONTROLS      AND PROCEDURES **

**(a)      **
***Evaluation      of Disclosure Controls and Procedures:***

**(b)**
***Changes      in Internal Control over Financial Reporting:***

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**PART      II. OTHER INFORMATION**

**ITEM      6. **
**EXHIBITS      **

**The      following exhibits are attached hereto:**

| **Exhibits** | **Document                Description**                                                                                                                                                                                   |
|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1         | Certification                of Principal Executive Officer pursuant to Rule 13a-15(e) and Rule                15d-15(e), promulgated under the Securities Exchange Act of 1934,                as                amended |
|         |                                                                                                                                                                                                                      |
| 31.2         | Certification                of Principal Financial Officer pursuant to Rule 13a-15(e) and Rule                15d-15(e), promulgated under the Securities Exchange Act of 1934,                as                amended |
|         |                                                                                                                                                                                                                      |
| 32.1         | Certification                Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To Section                906 of                The Sarbanes-Oxley Act of 2002 (Chief Executive                Officer)              |
|         |                                                                                                                                                                                                                      |
| 32.2         | Certification                Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To Section                906 of                The Sarbanes-Oxley Act of 2002 (Chief Financial                Officer)              |

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**SIGNATURES**

|   | **ADMAX                RESOURCES INC** |
|--------|----------------------------------------|
|   | **(Registrant)**                       |
|   |                                   |   |
|   | BY:                                    | /s/                Zhenyong Gao |
|   |                                   | Zhenyong                Gao |
|   |                                   | President,                Principal Executive Officer and a member of the Board of                Directors |
|   |                                   |   |
|   | BY:                                    | /s/                David W. Ze |
|   |                                   | David                W. Ze |
|   |                                   | Principal                Financial Officer, Principal Accounting Officer, Treasurer, Secretary                and                a member of the Board of Directors |