[GRAPHIC OMITTED]
                                  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 July 31, 2006.

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

            For the transition period _____________ to _____________


                        Commission File Number 333-126680

                                RAVEN GOLD CORP.
        (Exact name of small Business Issuer as specified in its charter)

           Nevada                                      20-2551275
           ------                                      ----------
 (State or other jurisdiction of              (IRS Employer Identification No.)
  incorporation or organization)



              595 Howe Street, Suite 902, Box 12
                        Vancouver, B.C.                          V6C 2T5
                                                                 -------
           (Address of principal executive offices)      (Postal or Zip Code)


        Issuer's telephone number, including area code: 702-562-4091

             ------------------------------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report)


Check  whether the issuer (1) 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 a shell company (as defined in
Rule 12b-2 of the Exchange Act). |_| Yes |X| No


State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date:  37,120,000 Shares of $0.001 par value
Common Stock issued and outstanding as of September 19, 2006.

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

                         PART 1 - FINANCIAL INFORMATION


Item 1. Financial Statements


The accompanying unaudited financial statements have been prepared in accordance
with the  instructions  to Form 10-QSB and Item 310 (b) of Regulation  S-B, and,
therefore, do not include all information and footnotes necessary for a complete
presentation  of financial  position,  results of  operations,  cash flows,  and
stockholders'   equity  in  conformity   with  generally   accepted   accounting
principles.  In the opinion of management,  all adjustments considered necessary
for a fair presentation of the results of operations and financial position have
been  included  and all  such  adjustments  are of a  normal  recurring  nature.
Operating  results for the three months ended July 31, 2006 are not  necessarily
indicative  of the results  that can be expected  for the year ending  April 30,
2007.


                                        2
<PAGE>

MOORE & ASSOCIATES, CHARTERED
ACCOUNTANTS AND ADVISORS
PCAOB REGISTERED



             Report of Independent Registered Public Accounting Firm



To the Board of Directors
Raven Gold Corp
(Formerly Riverbank Resources Inc)
(An Exploration Stage Company)



We have reviewed the  accompanying  balance  sheet of Raven Gold Corp  (Formerly
Riverbank Resources Inc) (An Exploration Stage Company) as of July 31, 2006, and
the related  statements  of income,  retained  earnings,  and cash flows for the
period  then ended,  in  accordance  with the  standards  of the Public  Company
Accounting  Oversight Board (United States).  All information  included in these
financial  statements is the representation of the management of Raven Gold Corp
(Formerly Riverbank Resources Inc) (An Exploration Stage Company).

A review consists  principally of inquiries of company  personnel and analytical
procedures  applied to financial data. It is substantially less in scope than an
audit in accordance with generally accepted auditing standards, the objective of
which is the expression of an opinion  regarding the financial  statements taken
as a whole. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the financial  statements in order for them to be in conformity  with
generally accepted accounting principles.

The  accompanying  financial  statements  have been  prepared  assuming that the
company  will  continue as a going  concern.  As  discussed  in the notes to the
financial  statements,  the Company has no established  source of revenue and no
operations.  This  raises  substantial  doubt  about the  Company's  ability  to
continue  as a going  concern.  The  financial  statements  do not  include  any
adjustments that might result from this uncertainty.



  /s/ Moore & Associates, Chartered



Moore & Associates, Chartered
Las Vegas, Nevada
September 19, 2006

                                       3
<PAGE>

             2675 S. JONES BLVD. SUITE 109, LAS VEGAS, NEVADA 89146
                       (702) 253-7511 Fax: (702)253-7501


<PAGE>




<PAGE>
                                RAVEN GOLD CORP.
                       (Formerly Riverbank Resources Inc.)
                                  BALANCE SHEET
                         (An Exploration Stage Company)
                             (Stated in US Dollars)
                                     July 31
                                      2006

                                                              (Un-audited)
                                     ASSETS

CURRENT ASSETS
Cash and Equivalents                                                    $ 96
Prepaid Expenses                                                     $ 1,370
                                                      -----------------------
Total Current Assets                                                 $ 1,466

FIXED ASSETS
TOTAL FIXED ASSETS                                                       $ -
                                                      -----------------------

TOTAL ASSETS                                                         $ 1,466
                                                      =======================


CURRENT LIABILITIES
Advnaces from Related Party                                          $ 3,100
Accounts Payable                                                     $ 6,631
Total Current Liabilities                                            $ 9,731

LONG-TERM LIABILITIES
Loans                                                              $ 425,000
                                                      -----------------------
Total Long-Term Liabilities                                        $ 425,000

TOTAL LIABILITIES                                                  $ 434,731
                                                      =======================

STOCKHOLDERS' DEFICIENCY
Preferred stock, $0.001 par value,
1,000,000 Shares Authorized, None Issued
and outstanding                                                            0
Common Stock, $0.001 par value
69,000,000 Shares Authorized, 37,120,000
Shares Issued and Outstanding                                       $ 37,120
Paid in Capital                                                     $ 19,500
Accumulated Deficit During Exploration Stage                      $ (489,885)
                                                      -----------------------
TOTAL STOCKHOLDERS DEFICIENCY                                     $ (433,265)

TOTAL LIABILITIES &                                                  $ 1,466
 STOCKHOLDER'S DEFICIENCY
                                                      -----------------------

   The accompanying notes are an integral part of these financial statements.

                                       4
<PAGE>
                                RAVEN GOLD CORP.
                       (Formerly Riverbank Resources Inc.)
                             STATEMENT OF OPERATIONS
                         (An Exploration Stage Company)
                             (Stated in US Dollars)

<TABLE>
<CAPTION>
                                                      For the three Months Ended July 31                    From  Inception
                                                                                                          (February 9, 2005) to
                                                            2006                        2005                   July 31 2006
                                                  --------------------------  -------------------------   -----------------------
                                                        (Un-audited)              (Un-audited)                   (Audited)

REVENUE                                                                 $ -                        $ -                       $ -
                                                  --------------------------  -------------------------   -----------------------
<S>                                                                                                <C>                  <C>
EXPENSES
Exploration Costs and Expenses                                                                     $ -                  $ 29,750
Professional fees                                                   $ 6,227                    $ 3,014                  $ 27,834
General and Administrative                                             $ 31                      $ 111                     $ 329
Listing and Filing                                                    $ 420                      $ 907                   $ 3,868
Investor relations                                                      $ -                        $ -                     $ 279
                                                  --------------------------  -------------------------   -----------------------
Total Expenses                                                      $ 6,678                    $ 4,032                  $ 62,060

Loss From operations                                               $ (6,678)                  $ (4,032)                $ (64,613)
Other Income and Expenses

Impairment (loss) of Mineral Rights                              $ (425,000)                       $ -                $ (428,000)
Foreign Currency transaction Gain (loss)                                $ -                       $ (9)                    $ 175
                                                  --------------------------  -------------------------   -----------------------
                                                                 $ (425,000)                      $ (9)               $ (427,825)
Total Other Income & Expenses Loss                               $ (431,678)                  $ (4,041)               $ (489,885)
 Before Income Taxes

Provision for Income Tax                                                $ -                        $ -                       $ -
                                                  --------------------------  -------------------------   -----------------------

Net Loss                                                         $ (431,678)                  $ (4,041)               $ (489,885)
                                                  ==========================  =========================   =======================

Basic & Diluted (loss) per Share                                      (0.01)                    (0.000)                    (0.01)
                                                  --------------------------  -------------------------   -----------------------

Weighted Average Number                                          37,120,000                 37,120,000                32,596,760
 of Shares Outstanding- Basic & Diluted
                                                  --------------------------  -------------------------   -----------------------
</TABLE>
The accompanying notes are an integral part of these financial statements.

                                       5
<PAGE>
                                RAVEN GOLD CORP.
                       (Formerly Riverbank Resources Inc.)
                 STATEMENT OF STOCKHOLDER'S EQUITY (DEFICIENCY)
               From Inception (February 9, 2005) to July 31, 2006
                         (An Exploration Stage Company)
                             (Stated in US Dollars)
<TABLE>
<CAPTION>





                                  Common Stock                            Preferred Stock    Additional    Accumulated  Total
                                     Shares               Amount      Shares       Amount    Paid in        Deficit     Equity
                                                                                             Capital
                                --------------------------------------------------------------------------------------------------
<S>                                    <C>              <C>               <C>        <C>     <C>                          <C>
Common Stock Issued @ Founders         32,100,000       $ 32,100          $ -        $ -     $(25,680)                    $ 6,420
 for Cash ( $0.001 per share)

Common Stock Issued for Cash
 ($0.05 per share)                      5,020,000        $ 5,020                             $ 45,180                    $ 50,200

Net (Loss) for period                                                                                       $ (7,290)    $ (7,290)
                                --------------------------------------------------------------------------------------------------
Balance, April 30, 2005                37,120,000       $ 37,120          $ -        $ -     $ 19,500       $ (7,290)    $ 49,330

Net (Loss) for period                                                                                      $ (50,917)   $ (50,917)
                                --------------------------------------------------------------------------------------------------
Balance, April 30, 2006                37,120,000       $ 37,120          $ -        $ -     $ 19,500      $ (58,207)    $ (1,587)

Net (Loss) for period                                                                                     $ (431,678)  $ (431,678)
                                --------------------------------------------------------------------------------------------------
Balance, July 31, 2006                 37,120,000       $ 37,120          $ -        $ -     $ 19,500     $ (489,885)  $ (433,265)

</TABLE>
The accompanying notes are an integral part of these financial statements.


                                       6
<PAGE>
                                RAVEN GOLD CORP.
                       (Formerly Riverbank Resources Inc.)
                             STATEMENT OF CASH FLOWS
                         (An Exploration Stage Company)
                             (Stated in US Dollars)
<TABLE>
<CAPTION>

                                                              For the three Months Ended July 31         From Inception
                                                                                                     (February 9, 2005) to
                                                          -----------------------------------------------------------------
                                                                2006                2005                   July 31 2006
                                                          -------------------   ------------------  ----------------------

                                                              (Un-audited)         (Un-audited)              (Audited)
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                                                               <C>                    <C>                   <C>
Net Loss                                                          $ (431,678)            $ (4,041)             $ (489,885)
Adjustments to Reconcile Net Loss
to Net Cash Used in Operations:
Changes in Operating Assets and Liabilities                              $ -                  $ -                 $ 3,000
Prepaid Expenses                                                         $ -             $ (3,650)               $ (1,370)
Accounts Payable & Accrued Expenses                                  $ 3,674                $ 876                 $ 6,631
                                                          -------------------   ------------------  ----------------------
Net Cash Used In Operating Activities                             $ (428,004)            $ (6,815)             $ (481,624)

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Mineral Rights                                               $ -                  $ -                $ (3,000)
                                                          -------------------   ------------------  ----------------------
Net Cash Used In Investing Activities                                    $ -                  $ -                $ (3,000)

CASH FLOWS FROM FINANCING ACTIVITIES
Loans                                                              $ 425,000                                    $ 425,000
Advances from Related Party                                          $ 3,100                  $ -                 $ 3,100
Bank Overdraft                                                           $ -                  $ -                     $ -
Proceeds from Issuance of Common Stock                                   $ -                  $ -                $ 56,620
                                                          -------------------   ------------------  ----------------------
Net Cash Provided By Financing Activities                          $ 428,100                  $ -               $ 484,720


CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD                         $ -             $ 48,744                     $ -
NET INCREASE (DECREASE) IN CASH                                         $ 96             $ (9,794)                   $ 96
CASH AND CASH EQUIVALENTS AT END OF PERIOD                              $ 96             $ 41,929                    $ 96
                                                          ===================   ==================  ======================

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash Paid For:
                                                          ===================   ==================  ======================
Interest                                                                 $ -                  $ -                     $ -

                                                          ===================   ==================  ======================
Income Tax                                                               $ -                  $ -                     $ -
                                                          ===================   =================== ======================

</TABLE>

The accompanying notes are an integral part of these financial statements.

                                       7
<PAGE>

                                RAVEN GOLD CORP.
                       (Formerly Riverbank resources Inc.)
         (AN EXPLORATION STAGE COMPANY) NOTES TO FINANCIAL STATEMENTS AS
                                OF JULY 31, 2006
                                   (UNAUDITED)



NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION



     (A) Basis of Presentation

     The  accompanying  unaudited  financial  statements  have been  prepared in
     accordance  with  accounting  principles  generally  accepted in the United
     States of  America  and the rules and  regulations  of the  Securities  and
     Exchange Commission for interim financial information. Accordingly, they do
     not include all the information necessary for a comprehensive  presentation
     of financial position and results if operations.

     It  is  management's   opinion  however,   that  all  material  adjustments
     (consisting  of normal  recurring  adjustments)  have  been made  which are
     necessary for a fair financial statements presentation. The results for the
     interim period are not necessarily indicative of the results to be expected
     for the year.


     (B) Organization

     Riverbank Resources Inc. (an exploration stage company) (the "Company") was
     incorporated under the laws of the State of Nevada on February 9, 2005. The
     Company is a natural  resource  exploration  company  with an  objective of
     acquiring,  exploring  and if warranted and  feasible,  developing  natural
     resource  properties.  Activities  during  the  development  stage  include
     developing the business plan and raising capital.

     On  August14,  2006 the Company  filed a  certificate  of  amendment to the
     Nevada Secretary of State to change its name to Raven Gold Corp.


     (C) Use of Estimates

     In preparing  financial  statements in conformity  with generally  accepted
     accounting  principles,  management  is  required  to  make  estimates  and
     assumptions  that affect the reported amounts of assets and liabilities and
     the  disclosure of  contingent  assets and  liabilities  at the date of the
     financial  statements and revenues and expenses during the reported period.
     Actual results could differ from those estimates.


     (D) Cash and Cash Equivalents

     For purposes of the cash flow statements,  the Company considers all highly
     liquid investments with original  maturities of three months or less at the
     time of purchase to be cash equivalents.


                                                                      1

                                       8
<PAGE>

                                RAVEN GOLD CORP.
                       (Formerly Riverbank resources Inc.)
   (AN EXPLORATION STAGE COMPANY) NOTES TO FINANCIAL STATEMENTS AS OF JULY 31,
                                      2006
                                   (UNAUDITED)


     (E) Mineral Interest

     Pursuant  to SFAS No.  141 and SFAS No.  142,  as  amended  by EITF  04-02,
     mineral interest associated with other than owned properties are classified
     as  tangible  assets.  The Company had  capitalized  $3,000  related to the
     mineral  rights  acquired in 2005 and which were impaired of as of July 31,
     2006.


     (F) Long-Lived Assets


     The  Company  accounts  for  long-lived  assets  under  the  Statements  of
     Financial  Accounting  Standards Nos. 142 and 144  "Accounting for Goodwill
     and Other Intangible  Assets" and "Accounting for Impairment or Disposal of
     Long-Lived  Assets" ("SFAS No. 142 and 144").  In accordance  with SFAS No.
     142  and  144,  long-lived  assets,   goodwill  and  certain   identifiable
     intangible  assets held and used by the Company are reviewed for impairment
     whenever  events or changes in  circumstances  indicate  that the  carrying
     amount of an asset may not be  recoverable.  For purposes of evaluating the
     recoverability of long-lived  assets,  goodwill and intangible  assets, the
     recoverability  test is performed using undiscounted net cash flows related
     to the long-lived assets.


     (G) Income Taxes


     The Company  accounts  for income  taxes under the  Statement  of Financial
     Accounting  Standards No. 109,  "Accounting  for Income Taxes"  ("Statement
     109").  Under  Statement  109,  deferred  tax  assets and  liabilities  are
     recognized  for the future tax  consequences  attributable  to  differences
     between the financial  statement  carrying  amounts of existing  assets and
     liabilities  and their  respective  tax  bases.  Deferred  tax  assets  and
     liabilities  are  measured  using  enacted  tax rates  expected to apply to
     taxable  income  in the  years in which  those  temporary  differences  are
     expected to be recovered  or settled.  Under  Statement  109, the effect on
     deferred tax assets and  liabilities of a change in tax rates is recognized
     in income in the period that includes the enactment date.


     (H) Loss Per Share

     Basic and  diluted  net loss per common  share is  computed  based upon the
     weighted  average  common  shares   outstanding  as  defined  by  Financial
     Accounting  Standards  No. 128,  "Earnings Per Share." As of July 31, 2006,
     there were no dilutive securities outstanding.


     (I) Business Segments


     The Company  operates in one segment and therefore  segment  information is
     not presented.



                                       9
<PAGE>

                                RAVEN GOLD CORP.
                       (Formerly Riverbank resources Inc.)
                (AN EXPLORATION STAGE COMPANY) NOTES TO FINANCIAL
                         STATEMENTS AS OF JULY 31, 2006
                                   (UNAUDITED)


     (J) Recent Accounting Pronouncements

     SFAS 155, Accounting for Certain Hybrid Financial Instruments and SFAS 156,
     Accounting for Servicing of Financial Assets were recently issued. SFAS 155
     and 156 have no current  applicability to the Company and have no effect on
     the financial statements.

     In May  2005,  the FASB  issued  SFAS  154,  Accounting  Changes  and Error
     Corrections.  This  Statement  replaces  APB  Opinion  No.  20,  Accounting
     Changes,  and FASB Statement No. 3, Reporting Accounting Changes in Interim
     Financial  Statements,  and changes the requirements for the accounting for
     and reporting of a change in accounting principle.  This (Expressed in U.S.
     Dollars)   Statement   applies  to  all  voluntary  changes  in  accounting
     principle.   It  also  applies  to  changes   required  by  an   accounting
     pronouncement  in the  unusual  instance  that the  pronouncement  does not
     include  specific  transition  provisions.  SFAS 154 also  requires  that a
     change in  depreciation,  amortization or depletion  method for long-lived,
     non-financial  assets be accounted for as a change in  accounting  estimate
     effected by a change in accounting  principle.  This Statement is effective
     in fiscal years  beginning after December 15, 2005. The Company has not yet
     determined the effect of implementing this standard.


NOTE 2 ACQUISITION OF MINERAL RIGHTS

     On April 26, 2005,  the Company  acquired  the mining  rights to two claims
     collectively  known as the Big Mike  Border  Gold  property  located in the
     Skeeena Mining District of British Columbia,  Canada,  for a purchase price
     of $3,000. The Company received rights to all minerals contained in the Big
     Mike Border Gold property.

     During the year ended  April 30, 2006 the  Company  decided to  discontinue
     exploration  work on the Big Mike mineral project property and consequently
     the mineral rights were impaired 100%.


NOTE 3 LOANS

     In May of 2006, the Company received $3,100 in advances from its president.
     The balance is non- interest bearing and due on demand.

     On May 25, 2006 the Company  borrowed  funds in the amount of $75,000  from
     Paradisus  Investment  Corp.  The Company wired $75,000 on the same date to
     Tara Gold  Resources  Corp. as part of a purchase  agreement  between Raven
     Gold Corp and Tara Gold Resources Corp for "Las Minitas" property.






                                       10
<PAGE>

                                RAVEN GOLD CORP.
                       (Formerly Riverbank resources Inc.)
                (AN EXPLORATION STAGE COMPANY) NOTES TO FINANCIAL
                         STATEMENTS AS OF JULY 31, 2006
                                   (UNAUDITED)

     On May 26, 2006 the Company  borrowed  funds in the amount of $75,000  from
     Paradisus  Investment  Corp.  The Company wired $75,000 on the same date to
     Tara Gold  Resources  Corp. as part of a purchase  agreement  between Raven
     Gold Corp and Tara Gold Resources Corp for "La Currita" property.

     On  June  25,  2006  the  Company  borrowed  $50,000  from  RPMJ  Corporate
     Communications Ltd. The Company wired $50,000 on the same date to Tara Gold
     Resources Corp. as part of the purchase  agreement  between Raven Gold Corp
     and Tara Gold Resources Corp for "La Currita" property.

     On June 27,  2006 the Company  borrowed  $175,000  from  Zander  Investment
     Limited. The Company wired $175,000 on the same date to Tara Gold Resources
     Corp.  as part of the purchase  agreement  between Raven Gold Corp and Tara
     Gold Resources Corp for "Las Minitas" property.

     On July 25,  2006 the  Company  borrowed  $50,000  from  Zander  Investment
     Limited.  The Company wired $50,000 on the same date to Tara Gold Resources
     Corp.  as part of the purchase  agreement  between Raven Gold Corp and Tara
     Gold Resources Corp for "La Currita" property.



NOTE 4 STOCKHOLDERS' EQUITY

     During 2005,  the Company  issued  6,420,000  shares of common stock to its
     founders for cash of $6,420 ($0.001 per share).


     During 2005, the Company issued  1,004,000  shares of common stock for cash
     of $50,200 ($0.05 per share).


NOTE 5 SUBSEQUENT EVENTS

     On  August14,  2006 the Company  filed a  certificate  of  amendment to the
     Nevada Secretary of State to change its name to Raven Gold Corp.


     In  August of 2006 the  Company  performed  a 5 to 1  forward  split of its
     common stock for a total of 37,120,000 shares issued and outstanding.


     On June 1,  2006 the  Company  entered  into an  agreement  with  Tara Gold
     Resources  Corp,  for the "La Minita"  Property.  Attached is a schedule of
     payments under the mentioned agreement:




                                       11
<PAGE>
                                RAVEN GOLD CORP.
                       (Formerly Riverbank resources Inc.)
       (AN EXPLORATION STAGE COMPANY) NOTES TO FINANCIAL STATEMENTS AS OF
                                  JULY 31, 2006
                                   (UNAUDITED)




     On June 1,  2006 the  Company  entered  into an  agreement  with  Tara Gold
     Resources  Corp, for the "La Currita"  Property.  Attached is a schedule of
     payments under the mentioned agreement:








                                       12
<PAGE>

                                RAVEN GOLD CORP.
                       (Formerly Riverbank resources Inc.)
                (AN EXPLORATION STAGE COMPANY) NOTES TO FINANCIAL
                         STATEMENTS AS OF JULY 31, 2006
                                   (UNAUDITED)




     As of September 18, 2006 the payment  scheduled for August 25, 2006 has not
     been completed. The Company has not issued any shares that form part of the
     agreements  with  Tara  Gold  Resources  Corp.  for "Las  Minitas"  and "La
     Currita' properties as of September 18, 2006.


NOTE 6 GOING CONCERN

     As reflected in the accompanying  financial  statements,  the Company is in
     the exploration  stage with no operations and has a negative cash flow from
     operations  of  $428,004  from  inception.  As  shown  in the  accompanying
     financial  statements,  the Company has an  accumulated  deficit during the
     exploration  stages  of  $489,885  for  the  period  from  February  9,2005
     (inception)  to July 31,  2006.  This  raises  substantial  doubt about its
     ability to


                                       13
<PAGE>
                                RAVEN GOLD CORP.
                       (Formerly Riverbank resources Inc.)
   (AN EXPLORATION STAGE COMPANY) NOTES TO FINANCIAL STATEMENTS AS OF JULY 31,
                                      2006
                                   (UNAUDITED)

     continue  as a going  concern.  The ability of the Company to continue as a
     going  concern is dependent on the  Company's  ability to raise  additional
     capital and implement its business  plan.  The financial  statements do not
     include any adjustments that might be necessary if the Company is unable to
     continue as a going concern.

     Management believes that actions presently being taken to obtain additional
     funding and implement its strategic  plans provide the  opportunity for the
     Company to continue as a going concern.

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

<PAGE>
Item 2. Management's Discussions and Analysis or Plan of Operation


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.


Raven Gold Corp.  ("the Company",  "we",  "us") was incorporated in the state of
Nevada on February  9, 2005.  On April 26,  2005,  the  Company  entered  into a
Purchase and Sale Agreement with Gudmund Lovang, an individual residing in North
Vancouver British  Columbia,  whereby he sold to us a 100% undivided right title
and  interest  in one mineral  claim  located in the Skeena  Mining  Division of
British  Columbia,  Canada known as the Big Mike mineral  property.  We acquired
this interest in the Big Mike property by paying  $3,000 to Mr.  Lovang.  During
the year ended  April 30, 2006 the Company  decided to  discontinue  exploration
work on the Big Mike  mineral  project  property  and  consequently  the mineral
rights were impaired 100%.


On June 1, 2006 the company  entered an agreement  with Tara Gold Resources Corp
for the "Las Minita"  property.  The Las Minitas  Property is located in Sonora,
Mexico,  approximately  40 air kilometers  northwest of the town of Alamos.  The
property  lies at the western  edge of the  province  known as the Sierra  Madre
Occidental gold-silver belt where a number of successful gold/silver exploration
projects are ongoing.  Historical  information  regarding Las Minitas  indicates
three  mineralized  zones of interest  that contain an  estimated of  13,534,398
million   tonnes  of  ore  grading  7.58  oz/t  silver  and  0.0089  oz/t  gold.
Metallurgical  testing indicates that recoveries of 90% for both silver and gold
may be  achievable  by  cyanidation  alone.  The Company  will focus its initial
efforts on the validation of the previous  exploration  work that outlined three
wide, high-grade, lode-type mineralized bodies: the North, Central, and El Negro
zones, with postulated strike lengths of 400, 500, and 700 meters  respectively.
These three zones are  considered to be outstanding  precious metal  exploration
targets  and  Tara  Gold is  currently  developing  a plan to  confirm  previous
findings and conduct a focused sampling and drilling program.


On June 1, 2006 the company  entered an agreement  with Tara Gold Resources Corp
for the "La Currita" property. In this agreement Raven Gold Corp. has the option
to earn  up to 60%  interest  in the La  Currita  Groupings  by  making  certain
payments to Tara Gold,  issuing  750,000 shares,  making all remaining  property
payments and by spending a minimum of $3.5  million over the next 36 months.  In
addition to the capital investment on exploration and mill expansion, Raven Gold
Corp.  is required to expand the La Currita  Mill to a minimum of 4,000 tons per
month before  earning 40% and a minimum of 8,000 tons per month  before  earning
60% interest.  The property includes 4 mines, a 150 ton/day operating floatation
mill and stockpiled ore. The La Currita mine was in steady  production from 1983
until 1998. A diamond drilling  exploration  program conducted in 1998 indicated
109,000 tons of 2.59 g/t Au and 200 g/t Ag. La Currita  Groupings are located in
the Sierra Madre Gold-Silver belt.

                                       14
<PAGE>
As of July 31, 2006 the Company had total assets of $ 1,466  consisting  of $ 96
cash and $ 1,370 in prepaid expenses.  This represents the Company's present and
only sources of liquidity.


The  Company's  liabilities  at July 31, 2006  totaled  $434,731  consisting  of
$19,462 in current liabilities and $425,000 of long term liabilities.


For the three  month  period  ending  July 31,  2006 the  Company  generated  no
revenues and has incurred total expenses of $431,678  consisting of an operation
loss of $6,678 and $ 425,000 in mineral rights impairment.


The on-going negative cash flow from operations  raises  substantial doubt about
the Company's ability to continue as a going concern. The ability of the Company
to continue as a going  concern is dependent on the  Company's  ability to raise
additional capital and implement its business plan.


The Company has not  realized any revenues  since  inception,  and for the three
month period ended July 31,  2006,  and it is presently  operating at an ongoing
deficit.


The Company will require  additional  funding in order to cover the  anticipated
professional  fees and general  administrative  expenses and to proceed with the
anticipated investigation to identify and purchase new mineral properties worthy
of exploration or any other business  opportunities that may become available to
the company. The Company anticipates that additional funding will be required in
the  form of  equity  financing  from the sale of the  company's  common  stock.
However the Company cannot provide  investors with any assurance that it will be
able to raise  sufficient  funding from the sale of its common stock to fund the
purchase and the development of any future  projects.  The Company believes that
debt financing will not be an alternative for funding future corporate programs.
The  Company  does not have any  arrangements  in place  for any  future  equity
financings.


The Company's plan of operation for the twelve months following the date of this
report is to initiate an  investigation  to identify  new  opportunities  in the
mineral  exploration field and opportunities that may be made available in other
industries.  It will also attempt to secure the  necessary  funding  required to
finance the purchase and development of the assets that may be purchased  during
the next twelve  months.  The Company is unable to estimate,  at this time,  the
necessary  funding  required to purchase  and develop any new assets that may be
acquired  in the  next  twelve  months.  It will  only  be  able  to  make  that
determination once any assets are acquired.


                                       15
<PAGE>

Presently the company does not have the  necessary  cash to support its business
operation for the next twelve  months.  Unless the company  raises the necessary
capital to implement its business plan during the next twelve months, it will be
unable to support its  operations and it will be forced to scale down or perhaps
even cease its business operation.


The Company  anticipates  incurring  approximately  $40,000  for  administrative
expenses  including  accounting and audit costs  ($10,000) legal fees ($10,000),
rent and  office  costs  ($5,000),  computer  costs  ($5,000),  telephone  costs
($2,000),  Edgar filings ($2,000) and general administrative costs ($6,000) over
the next 12 months.


On July 18 2005,  the  Company  filed  an SB2  Registration  Statement  with The
Security and Exchange  Commission  of the United States (SEC) in order to gain a
reporting Status in the United States and in order to register its common stock.
On September 20, 2005,  the company  received its effective  status with the SEC
becoming a fully reporting company in the United States.


The Company has retained a market maker to sponsor a 15c211 application with the
National  Association  of Securities  Dealers (NASD) in order to have its common
shares posted for trading on the NASD Over the Counter  Bulletin  Board (OTC BB)
upon approval of this  application.  The company has received this approval and,
as of December 8, 2005,  the common shares of its capital stock have been posted
and quoted for trading on the NASD, OTC BB under the trading symbol RVBK.


CRITICAL ACCOUNTING POLICIES


We have  identified  the  policies  outlined  below as critical to our  business
operations.  The list is not intended to be a  comprehensive  list of all of our
accounting  policies.  In many cases,  the accounting  treatment of a particular
transaction is specifically dictated by accounting principles generally accepted
in  the  United  States,  with  no  need  for  management's  judgment  in  their
application.  The impact and any  associated  risks related to these policies on
our business operations is discussed throughout  Management's Plan of Operations
where such policies  affect our reported and expected  financial  results.  Note
that our preparation of the financial  statements  requires us to make estimates
and  assumptions  that  affect the  reported  amount of assets and  liabilities,
disclosure of  contingent  assets and  liabilities  at the date of our financial
statements,  and the  reported  amounts  of  revenue  and  expenses  during  the
reporting period.  There can be no assurance that actual results will not differ
from those estimates.


Mineral Interest


Pursuant to SFAS No. 141 and SFAS No.  142,  as amended by EITF  04-02,  mineral
interest  associated with other than owned properties are classified as tangible
assets.  The mineral  rights  will be  amortized  using the  units-of-production
method when production at each project commences.


Going Concern


As reflected in the  accompanying  financial  statements,  the Company is in the
exploration  stage  with  no  operations  and  has a  negative  cash  flow  from
operations of $481,624 from inception.  This raises  substantial doubt about its
ability to continue as a going  concern.  The ability of the Company to continue
as a going  concern is dependent on the  Company's  ability to raise  additional
capital and implement its business plan. The financial statements do not include
any adjustments  that might be necessary if the Company is unable to continue as
a going concern.


Management  believes  that actions  presently  being taken to obtain  additional
funding and  implement  its  strategic  plans  provide the  opportunity  for the
Company to continue as a going concern.


We currently  do not have enough cash to satisfy our minimum  cash  requirements
for the next twelve months.  In addition,  we will require  additional  funds to
expand operations.


                                       16

<PAGE>
Recent Accounting Pronouncements


Statement of Financial Accounting Standards ("SFAS") No. 151, "Inventory Costs -
an  amendment  of ARB No. 43,  Chapter  4"" SFAS No. 152,  "Accounting  for Real
Estate  Time-Sharing  Transactions - an amendment of FASB  Statements No. 66 and
67," SFAS No. 153,  "Exchanges  of  Non-monetary  Assets - an  amendment  of APB
Opinion No. 29," and SFAS No. 123 (revised  2004),  "Share-Based  Payment," were
recently  issued.  SFAS No. 151, 152, 153 and 123 (revised 2004) have no current
applicability to the Company and have no effect on the financial statements.


Item 3. Controls and Procedures


Our  management,  which includes our Chief  Executive  Officer and our principal
financial  officer,  have  conducted an evaluation of the  effectiveness  of our
disclosure  controls and procedures  (as defined in Rule  13a-14(c)  promulgated
under the  Securities  and Exchange  Act of 1934,  as amended) as of a date (the
"Evaluation  Date") as of the end of the period  covered by this  report.  Based
upon that evaluation,  our management has concluded that our disclosure controls
and procedures are effective for timely gathering,  analyzing and disclosing the
information  we  are  required  to  disclose  in our  reports  filed  under  the
Securities  Exchange  Act of 1934,  as amended.  There have been no  significant
changes  made  in  our  internal   controls  or  in  other  factors  that  could
significantly  affect our internal controls  subsequent to the end of the period
covered by this report based on such evaluation.


                           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. Unregistered Sales of Equity Securities and Use of Proceeds


None


Item 3. Defaults Upon Senior Securities


None


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


None


Item 5. Other Information


None


                                       17

<PAGE>
Item 6. Exhibits and Report on Form 8-K

31.1 Certification  of Chief  Executive  Officer  pursuant to Section 302 of the
     Sarbanes-Oxley Act of 2002

32.1 Certification  of Chief  Executive  Officer  pursuant to 18 U.S.C.  section
     1350, as adopted pursuant to section 906 of the Sarbanes-Oxley act of 2002.

There were no reports  filed on form 8K during the three months  ending July 31,
2006.


                                   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.


Raven Gold Corp.

/s/ Gary Haukeland
-------------------
Gary Haukeland, Director
Date: September 19, 2006.

                                       18