**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**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 September                30, 2006                                                      |
|               |                                                                                                                                 |
| [                ] | Transition                Report pursuant to 13 or 15(d) of the Securities Exchange Act of                1934                       |
|               |                                                                                                                                 |
|               | For                the transition period__________ to __________                                                                |
|               |                                                                                                                                 |
|               | Commission                File Number: 333-134715                                                                                    |

| Nevada                                                                        | 98-0462664                                       |
|-------------------------------------------------------------------------------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (IRS                Employer Identification No.) |

| 305-3495                Cambie Street, Vancouver, British Columbia, Canada V5Z                3W6 |
|---------------------------------------------------------------------------------------------------|
| (Address                of principal executive offices)                                           |

| 778-235-6562                                                                                                     |
|------------------------------------------------------------------------------------------------------------------|
| (Issuer’s                telephone number)                                                                 |
|  _______________________________________________________________                                            |
| (Former                name, former address and former fiscal year, if changed since last                report) |

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Table          of Contents

|                                                      | TABLE                OF CONTENTS                                                          |   Page |
|-----------------------------------------------------------|-------------------------------------------------------------------------------------------|------------------|
|  PART                I - FINANCIAL INFORMATION  |
| Item                1.                                    | Financial                Statements                                                       | 3                |
| Item                2.                                    | Plan                of Operation                                                          | 4                |
| Item                3.                                    | Controls                and Procedures                                                    | 9                |
|  PART                II - OTHER INFORMATION     |
| Item                1.                                    | Legal                Proceedings                                                          | 11               |
| Item                2.                                    | Unregistered                Sales of Equity Securities and Use of                Proceeds | 11               |
| Item                3.                                    | Defaults                Upon Senior Securities                                            | 11               |
| Item                4.                                    | Submission                of Matters to a Vote of Security                Holders         | 11               |
| Item                5.                                    | Other                Information                                                          | 11               |
| Item                6.                                    | Exhibits                                                                                  | 11               |

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**PART      I - FINANCIAL INFORMATION**

**Item      1.** **     Financial      Statements**

| Our                unaudited consolidated                financial statements included in this Form 10-QSB are as                follows: |
|-------------------------------------------------------------------------------------------------------------------------------------------|
|  F-1                                                                                                                                 |  Unaudited                Consolidated Balance Sheet as of September 30,                2006 |
|  F-2                                                                                                                                 |  Unaudited                Consolidated Statements of Operations for the three and six months                ended                September 30, 2006 and 2005 and for the period July 19, 2005 (Date                of                Inception) to September 30, 2006 |
|  F-3                                                                                                                                 |  Unaudited                Consolidated Statements of Cash Flows for the six                months ended September 30, 2006 and 2005 and for the period July                19, 2005                (Date of Inception) to September 30, 2006 |
|  F-4                                                                                                                                 |  Notes                to Unaudited Consolidated Financial                Statements; |

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**FARRIER        RESOURCES CORP.**

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**FARRIER        RESOURCES CORP.**

INTERIM        CONSOLIDATED BALANCE SHEETS

|                                                                                                                                                                            | September                    30,2006 |                                                                                                                                       | March                    31,2006 |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|
| **ASSETS**                                                                                                                                                                      |                                 |                                                                                                                                       |                             |   |   |
|                                                                                                                                                                            |                                 |                                                                                                                                       |                             |   |   |
| Current                                                                                                                                                                         |                                 |                                                                                                                                       |                             |   |   |
| Cash                                                                                                                                                                            | $                                    |                      50,979  |                             | $ |                      104,222  |
| Advance                    on exploration cost                                                                                                                                  |                                 | 1,991                                                                                                                                 |                             |   | -- |
|                                                                                                                                                                            |                                 |                                                                                                                                       |                             |   |   |
|                                                                                                                                                                            | $                                    | 52,970                                                                                                                                     |                             | $ | 104,222 |
|                                                                                                                                                                            |                                 |                                                                                                                                       |                             |   |   |
| **LIABILITIES**                                                                                                                                                                 |                                 |                                                                                                                                       |                             |   |   |
|                                                                                                                                                                            |                                 |                                                                                                                                       |                             |   |   |
| Current                                                                                                                                                                         |                                 |                                                                                                                                       |                             |   |   |
| Accounts                    payable and accrued liabilities                                                                                                                     | $                                    | 4,985                                                                                                                                 |                             | $ | 6,306  |
| Due                    to related party                                                                                                                                         |                                 | --                                                                                                                                         |                             |   | 2,142  |
|                                                                                                                                                                            |                                 |                                                                                                                                       |                             |   |   |
|                                                                                                                                                                            |                                 | 4,985                                                                                                                            |                             |   | 8,448  |
|                                                                                                                                                                            |                                 |                                                                                                                                       |                             |   |   |
| **STOCKHOLDERS’                    EQUITY**                                                                                                                               |                                 |                                                                                                                                       |                             |   |   |
|                                                                                                                                                                            |                                 |                                                                                                                                       |                             |   |   |
| Preferred                    stock, $0.001 par value 10,000,000shares                      authorized, none outstanding                                                         |                                 |                                                                                                                                       |                             |   |   |
| Common                    stock, $0.001 par value 90,000,000shares                      authorized7,118,000shares                      outstanding (March 31, 2006 - 7,109,000) |                                 |                                                                                                                                       |                             |   |   |
| Additional                    paid-in capital                                                                                                                                   |                                 | 95,412                                                                                                                                     |                             |   | 93,291 |
| Accumulated                    other comprehensive loss                                                                                                                         |                                 | (29)                                                                                                                                       |                             |   | - |
| Deficit                    accumulated during the exploration stage                                                                                                             |                                 | (54,516)                                                                                                                                   |                             |   | (4,626) |
|                                                                                                                                                                            |                                 | 47,985                                                                                                                                     |                             |   | 95,774 |
|                                                                                                                                                                            | $                               |  52,970                                                                                                                               |                             | $ | 104,222 |

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**FARRIER        RESOURCES CORP.**

INTERIM        CONSOLIDATED STATEMENTS OF OPERATIONS

|                                                                                  |   Three                    months endedSeptember 30, |      |   Six                    months endedSeptember 30, |   | July                        19, 2005(Date ofInception) toSeptember                  30, |
|---------------------------------------------------------------------------------------|----------------------------------------------------------------|-----------|--------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------|
|                                                                                  | 2006                                                           |      | 2005                                                         |   | 2006                                                                                    |   | 2005 |   | 2006 |
|                                                                                  |                                                           |      |                                                         |   |                                                                                    |   |   |   |   |
| Expenses                                                                              |                                                           |      |                                                         |   |                                                                                    |   |   |   |   |   |   |   |   |   |
| Accounting                  and audit fees                                            | $                                                              | 5,649     |                                                         | $      | -                                                                                       |   | $ | 13,553 |   | $ | - |   | $ | 18,637 |
| Bank                  charges and interest                                            |                                                           | 59        |                                                         |   | -                                                                                       |   |   | 180 |   |   | - |   |   | 267 |
| Foreign                  exchange gain                                                |                                                           | -         |                                                         |   | -                                                                                       |   |   | (55) |   |   | - |   |   | (3,561) |
| Legal                  fees                                                           |                                                           | 6,347     |                                                         |   | 2,357                                                                                   |   |   | 14,339 |   |   | 2,357 |   |   | 16,832 |
| Office                  expenses                                                      |                                                           | 1,126     |                                                         |   | -                                                                                       |   |   | 1,126 |   |   | - |   |   | 1,174 |
| Management                  fees                                                      |                                                           | 3,900     |                                                         |   | -                                                                                       |   |   | 7,150 |   |   | - |   |   | 7,150 |
| Mineral                  property option payments - Note 4                            |                                                           | -         |                                                         |   | -                                                                                       |   |   | 2,274 |   |   | - |   |   | 2,274 |
| Mineral                  property exploration payments -                  Note 4 |                                                           | 8,730     |                                                         |   | -                                                                                       |   |   | 10,138 |   |   | - |   |   | 10,138 |
| Transfer                  and filing fees                                             |                                                           | 690       |                                                         |   | -                                                                                       |   |   | 1,185 |   |   | - |   |   | 1,605 |
|                                                                                  |                                                           |      |                                                         |   |                                                                                    |   |   |   |   |   |   |   |   |   |
| Net                  loss for the period                                              |                                                           | (26,501)  |                                                         |   | (2,357)                                                                                 |   |   | (49,890) |   |   | (2,357) |   |   | (54,516) |
|                                                                                  |                                                           |      |                                                         |   |                                                                                    |   |   |   |   |   |   |   |   |   |
| Other:                                                                                |                                                           |      |                                                         |   |                                                                                    |   |   |   |   |   |   |   |   |   |
| Foreign                  currency translation adjustment                              |                                                           | 4         |                                                         |   | -                                                                                       |   |   | (29) |   |   | - |   |   | (29) |
|                                                                                  |                                                           |      |                                                         |   |                                                                                    |   |   |   |   |   |   |   |   |   |
| Comprehensive                  loss                                                   | $                                                              | (26,497)  |                                                         | $      | (2,357)                                                                                 |   | $ | (49,919) |   | $ | (2,357) |   | $ | (54,545) |
|                                                                                  |                                                           |      |                                                         |   |                                                                                    |   |   |   |   |   |   |   |   |   |
| Basic                  loss per share                                                 | $                                                              | (0.00)    |                                                         | $      | (0.00)                                                                                  |   | $ | (0.00) |   | $ | (0.00) |   |   |   |
|                                                                                  |                                                           |      |                                                         |   |                                                                                    |   |   |   |   |   |   |   |   |   |
| Weighted                  average number of shares outstanding                        |                                                           | 7,118,000 |                                                         |   | Nil                                                                                     |   |   | 7,117,656 |   |   | Nil |   |   |   |

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**FARRIER        RESOURCES CORP.**

INTERIM        CONSOLIDATED STATEMENTS OF CASH FLOWS

|                                                                             |   Six                    months endedSeptember 30, |     | July                        19, 2005(Date ofInception) toSeptember                  30, |
|----------------------------------------------------------------------------------|--------------------------------------------------------------|----------|-----------------------------------------------------------------------------------------|
|                                                                             | 2006                                                         |     | 2005                                                                                    |   | 2006 |
|                                                                             |                                                         |     |                                                                                    |   |   |
| Cash                  Flows used in Operating Activities                         |                                                         |     |                                                                                    |   |   |   |   |   |
| Net                  loss for the period                                         | $                                                            | (49,890) |                                                                                    | $ | (2,357) |   | $ | (54,516) |
| Change                  in non-cash working capital items related to operations: |                                                         |     |                                                                                    |   |   |   |   |   |
| Advance                  on exploration cost                                     |                                                         | (1,991)  |                                                                                    |   | - |   |   | (1,991) |
| Accounts                  payable and accrued liabilities                        |                                                         | (1,321)  |                                                                                    |   | 2,357 |   |   | 4,985 |
|                                                                             |                                                         |     |                                                                                    |   |   |   |   |   |
| Net                  cash used in operating activities                           |                                                         | (53,202) |                                                                                    |   | - |   |   | (51,522) |
|                                                                             |                                                         |     |                                                                                    |   |   |   |   |   |
| Cash                  Flows from Financing Activities                            |                                                         |     |                                                                                    |   |   |   |   |   |
| Capital                  stock issued                                            |                                                         | 2,130    |                                                                                    |   | - |   |   | 102,530 |
| Due                  from related party                                          |                                                         | (2,142)  |                                                                                    |   | - |   |   | - |
|                                                                             |                                                         |     |                                                                                    |   |   |   |   |   |
| Net                  cash provided by (used in) financing activities             |                                                         | (12)     |                                                                                    |   | - |   |   | 102,530 |
|                                                                             |                                                         |     |                                                                                    |   |   |   |   |   |
| Effect                  of foreign currency on cash                              |                                                         | (29)     |                                                                                    |   | - |   |   | (29) |
|                                                                             |                                                         |     |                                                                                    |   |   |   |   |   |
| Increase                  (decrease) in cash during the period                   |                                                         | (53,243) |                                                                                    |   | - |   |   | 50,979 |
|                                                                             |                                                         |     |                                                                                    |   |   |   |   |   |
| Cash,                  beginning of the period                                   |                                                         | 104,222  |                                                                                    |   | - |   |   | - |
|                                                                             |                                                         |     |                                                                                    |   |   |   |   |   |
| Cash,                  end of the period                                         | $                                                            | 50,979   |                                                                                    | $ | - |   | $ | 50,979 |

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**FARRIER        RESOURCES CORP.**

INTERIM        STATEMENTS OF STOCKHOLDERS’ EQUITY

|                                                                                                                                                                                                                                                                                                          |    Common                  Shares |      |   AdditionalPaid-in |   |   AccumulatedComprehensive |   | DeficitAccumulatedDuring                    theDevelopment |    |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------|-----------|-------------------------------|--------|--------------------------------------|--------|------------------------------------------------------------|---------|--------|
|                                                                                                                                                                                                                                                                                                          | Number                                           |      | Par                  Value    |   | Capital                              |   | Income/(Loss)                                              |    | Stage  |   | Total |
|                                                                                                                                                                                                                                                                                                          |                                             |      |                          |   |                                 |   |                                                       |    |   |   |   |
| Capital                  stock issued for                  cash                                   -                  at $0.011 |                                             | 5,000,000 |                          | $      | 5,000                                |   | $                                                          | 45,000  |   | $ | - |   | $ | - |   | $ | 50,000 |
| -                  at $0.025                                                                                                                                                                                                                                                                        |                                             | 2,100,000 |                          |   | 2,100                                |   |                                                       | 50,400  |   |   | - |   |   | - |   |   | 52,500 |
| -                  at $0.25                                                                                                                                                                                                                                                                         |                                             | 9,000     |                          |   | 9                                    |   |                                                       | 2,241   |   |   | - |   |   | - |   |   | 2,250 |
| Less:                  commissions                                                                                                                                                                                                                                                                            |                                             | -         |                          |   | -                                    |   |                                                       | (4,350) |   |   | - |   |   | - |   |   | (4,350) |
| Net                  loss for the period                                                                                                                                                                                                                                                                      |                                             | -         |                          |   | -                                    |   |                                                       | -       |   |   | - |   |   | (4,626) |   |   | (4,626) |
|                                                                                                                                                                                                                                                                                                          |                                             |      |                          |   |                                 |   |                                                       |    |   |   |   |   |   |   |   |   |   |
| Balance                  as at March 31, 2006                                                                                                                                                                                                                                                            |                                             | 7,109,000 |                          |   | 7,109                                |   |                                                       | 93,291  |   |   | - |   |   | (4,626) |   |   | 95,774 |
|                                                                                                                                                                                                                                                                                                          |                                             |      |                          |   |                                 |   |                                                       |    |   |   |   |   |   |   |   |   |   |
| Capital                  stock issued for cash-                  at $0.25                                                                                                                                                                                                                                     |                                             | 9,000     |                          |   | 9                                    |   |                                                       | 2,241   |   |   | - |   |   | - |   |   | 2,250 |
| Less:                  commissions                                                                                                                                                                                                                                                                            |                                             | -         |                          |   | -                                    |   |                                                       | (120)   |   |   | - |   |   | - |   |   | (120) |
| Foreign                  currency translation adjustment                                                                                                                                                                                                                                                      |                                             | -         |                          |   | -                                    |   |                                                       | -       |   |   | (29) |   |   | - |   |   | (29) |
| Net                  loss for the period                                                                                                                                                                                                                                                                      |                                             | -         |                          |   | -                                    |   |                                                       | -       |   |   | - |   |   | (49,890) |   |   | (49,890) |
|                                                                                                                                                                                                                                                                                                          |                                             |      |                          |   |                                 |   |                                                       |    |   |   |   |   |   |   |   |   |   |
| Balance                  as at September 30, 2006                                                                                                                                                                                                                                                        |                                             | 7,118,000 |                          | $      | 7,118                                |   | $                                                          | 95,412  |   | $ | (29) |   | $ | (54,516) |   | $ | 47,985 |

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**FARRIER        REOURCES CORP.**

NOTES        TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

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**FARRIER        REOURCES CORP.**

|   | On                  May 24, 2006 FRC entered into a property option agreement whereby                  FRC was                  granted an option to earn up to an 85% interest in 50 full and                  9                  fractional mineral claims located in the Eskay Creek Area, Northwestern                  British Columbia. Consideration for the option is cash payments                  totalling                  CDN$100,000 and exploration expenditures of CDN$450,000 as                  follows: |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i)   | Cash                payments as follows: |
|----------------|------------------------------------------|
| –   | CDN$2,500                upon execution of the Option agreement;                (paid) |
|---------------------|----------------------------------------------------------------------------------------|
| –   | CDN$2,500                on or before June 30, 2007; |
|---------------------|------------------------------------------------------|
| –   | CDN$40,000                on or before June 30, 2008; and |
|---------------------|-----------------------------------------------------------|
| –   | CDN$55,000                on or before June 30, 2009. |
|---------------------|-------------------------------------------------------|

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**FARRIER        REOURCES CORP.**

|   |   | ii) | Aggregate                  exploration expenditures of CDN$12,000 on or before June 30, 2007,                  CDN$24,000 in aggregate on or before June 30, 2008; CDN$160,000                  in                  aggregate before June 30, 2009; and CDN$450,000 in aggregate before                  June                  30, 2010. |
|--------|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   | During                  the six month period ended September 30, 2006, FRC incurred exploration                  expenditures amounting to $10,138                  (CDN$11,433). |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Upon                  earning its 85% interest in the option, the Company shall enter                  into a                  joint venture agreement to develop and operate the                  property. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Item      2.     Plan of      Operation**

**Forward-Looking      Statements**

**Overview**

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**Plan      of Operation **

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|                                                | 2007                   | 2008                   | 2009                    | 2010                    |
|-----------------------------------------------------|------------------------|------------------------|-------------------------|-------------------------|
| Exploration                expenses                 | $10,800                | $10,800                | $122,400                | $261,000                |
| Option                Costs                         | $                2,250 | $                2,250 | $                36,000 | $                49,500 |
| Legal                and Accounting fees            | $18,000                | $10,000                | $                10,000 | $                10,000 |
| Payments                for administrative services | $15,600                | $15,600                | $                15,600 | $                15,600 |
| Payments                to consulting geologist     | $                1,350 | $                1,350 | $                1,350  | $                1,350  |
|  Total                                         |  $48,000          |  $40,000          |  $185,350          |  $337,450          |

**Results      of Operations for the three and six months ended September 30, 2006 and      2005**

**Liquidity      and Capital Resources**

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**Off      Balance Sheet Arrangements **

**Critical      Accounting Policies**

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**Item      3.     Controls and Procedures**

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**PART      II - OTHER INFORMATION**

**Item      1.     Legal      Proceedings**

**Item      2.     Unregistered Sales of Equity      Securities and Use of Proceeds**

**Item      3.     Defaults upon Senior      Securities**

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

**Item      5.     Other      Information**

**Item      6.      Exhibits**

| **Exhibit****Number** | **Description                of Exhibit**                                                                                                                                                                                                                |
|-----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1                  | Certification                of Chief Executive Officer pursuant to 18                U.S.C. Section 1350, as adopted pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                                                           |
| 31.2                  | Certification                of Chief Financial Officer pursuant to 18                U.S.C. Section 1350, as adopted pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                                                           |
| 32.1                  | Certification                of Chief Executive Officer and Chief                Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted                pursuant                to Section 906 of the Sarbanes-Oxley Act of                2002 |

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**SIGNATURES**

|   | **Farrier                Resources Corp.**                                                                                                                                                                                                                                                                                 |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                       |
| Date:  | October                31, 2006                                                                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                       |
|   |   By:       /s/                Kent Kirby             Kent                KirbyTitle:**    Chief                Executive Officer, Chief Financial Officer and                Director** |