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OMB APPROVALOMB Number: 3235-0416Expires: April 30, 2010Estimated average burden 
   hours per response: 182


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549



FORM 10-QSB





|(Mark One)                                                          
|--------------------------------------------------------------------
|                                                                    
|                                                                    
|                                                                    
|                                                                    
|                                                                    
|                                                                    
|NEWPORT GOLD, INC.                                                  
|(Name of small business issuer as specified in its charter)         
|NEVADA                                                              
|(State or other jurisdiction of incorporation or
  organization)    
|                                                                    
|220 - 1495 Ridgeview Drive, Reno, Nevada 89509                      
|(Address of principal executive offices)                            
|(905) 542-4990                                                      
|(Issuer's telephone number)                                         
|Not Applicable                                                      
|(Former name, address or fiscal year if changed since last
  report)
|                                                                    







|Check whether the issuer (1) has
  filed all reports required to be filed by Section 13 or 15(d) of the Exchange
  Act during the past 12 months (or for such shorter period that the registrant
  was required to file such reports), and (2) has been subject to such filing
  requirements for the past 90 days.
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                   
|Indicate by check mark whether the
  registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                   
|State the number of shares
  outstanding of each of the issuer's classes of common equity, as of the latest
  practicable date.                                                                                                                                                                                    
|                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                   
|Transitional Small
  Business Disclosure Format (Check one):                                                                                                                                                                                                                                                       



1

---

Newport Gold, Inc.

INDEX



|                               |                                                                         | Page No.                                                                            
|------------------------------ | ----------------------------------------------------------------------- | ------------------------------------------------------------------------------------
|                               |                                                                        
|PART 1 - FINANCIAL INFORMATION | 3                                                                      
|                               | ITEM 1. FINANCIAL STATEMENTS                                            | 3                                                                                   
|                               | ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
  OPERATION     | 11                                                                                  
|                               |                                                                         | General                                                                             
|                               |                                                                         | Plan of Operations                                                                  
|                               |                                                                         | Burnt Basin Property                                                                
|                               |                                                                         | Inner Mongolia Property                                                             
|                               |                                                                         | Off-balance sheet
  arrangements                                                    
|                               |                                                                         | Loss Per Period/General and Administrative Expenses                                 
|                               |                                                                         | Liquidity and
  Capital Resources Liquidity                                         
|                               |                                                                         | Recent Accounting Pronouncements                                                    
|                               |                                                                         | Critical Accounting
  Policies                                                      
|                               |                                                                         | "Safe Harbor" Statement under the Private Securities Litigation Reform Act
  of 1995
|                               | ITEM 3. CONTROLS AND PROCEDURES                                         | 13                                                                                  
|                               |                                                                         | Evaluation of Disclosure Controls and Procedures                                    
|                               |                                                                         | Changes in Internal
  Control over Financial Reporting                              
|PART II - OTHER INFORMATION    | 14                                                                     
|                               | ITEM 1. LEGAL PROCEEDINGS                                               | 14                                                                                  
|                               | ITEM 2. UNREGISTERED SALES OF EQUITIES SECURITIES AND USE OF
  PROCEEDS | 14                                                                                  
|                               |                                                                         | Unregistered Sales
  of Equity Securities                                           
|                               |                                                                         | Use of Proceeds                                                                     
|                               | ITEM 3. DEFAULTS UPON SENIOR SECURITIES                                 | 14                                                                                  
|                               | ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS             | 14                                                                                  
|                               | ITEM 5. OTHER INFORMATION                                               | 14                                                                                  
|                               | ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K                                | 15                                                                                  
|SIGNATURES                     | 16                                                                     





2

---

PART 1 - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

The information in this report for the six months ended June 30, 2007, is
unaudited but includes all adjustments (consisting only of normal recurring
accruals, unless otherwise indicated) which Newport Gold, Inc. ("Newport" or the
"Company") considers necessary for a fair presentation of the financial
position, results of operations, changes in stockholders' equity and cash flows
for those periods.

The condensed consolidated financial statements should be read in conjunction
with Newport's financial statements and the notes thereto contained in Newport's
audited financial statements for the year ended December 31, 2006, in the Form
10KSB and filed with the Securities and Exchange Commission ("SEC") on August
20, 2007.

Interim results are not necessarily indicative of results for the full fiscal
year.















3

---

NEWPORT GOLD, INC.
(An Exploration Stage Company)
Consolidated Balance Sheets 
(US Dollars)

---

June 30, 2007 
   (Unaudited)
   December 31, 2006
   (Audited)AssetsCurrentCash
   
   $ 81,231
   $ 129,366Prepaid expenses
   
   9,304
   090,535
   129,366Long-TermMining claims
   
   360,331
   285,576Computer equipment,
   lessaccumulated
   amortizationof $2,037 ($1,510 in
   2006)
   
   3,136
   3,390Total Assets
   
   $ 454,002
   $ 418,332Liabilities and
   Shareholders' EquityCurrentAccounts payable
   
   $ 262,748
   $ 135,715Due to related
   parties (note 4)
   
   193,578
   193,578Total Liabilities
   
   456,326
   329,293Stockholders'
   EquityCapital StockAuthorized100,000,000
   Common shares par value of $0.001 per shareIssued and
   outstanding15,175,000
   Common shares at June 30, 2007
   
   15,175
   15,075Additional paid-in
   capital
   
   815,475
   770,575Other
   Comprehensive Income (Loss)
   
   23,577
   (6,432)Accumulated
   Deficit
   
   (856,551)
   (690,179)Total
   Stockholders' Equity
   
   (2,324)
   88,999Total Liabilities
   and Stockholders' Equity
   
   $ 454,002
   $ 418,332


See notes to consolidated financial statements.

4

---

NEWPORT GOLD, INC.
(An Exploration Stage Company)
Consolidated Statements of Operations 
(US Dollars)
(Unaudited)

---

Six Months Ended 
  June 30,
  Three Months Ended
  June 30,
  Cumulative Period
  From July 16, 2003
  (Inception) through
  June 30,2007
  2006
  2007
  2006
  2007ExpensesSalaries
  $ 0
  $ 110,000
  $ 0
  $ 51,000
  $ 110,000Accounting and legal
  35,279
  22,419
  25,816
  6,553
  163,766Investor relations
  (note 4)
  0
  13,390
  0
  13,390
  114,525Expenditures on
  resource
  property (note 3)
  0
  0
  0
  0
  53,465Office and travel
  6,304
  26,206
  4,929
  8,228
  81,217Geological consulting
  fees
  121,655
  11,650
  101,200
  10,295
  325,644Filing fees and
  transfer agent
  2,626
  0
  1,981
  0
  13,205Amortization expenses
  508
  755
  254
  377
  2,018Foreign exchange gain
  0
  0
  0
  0
  (7,289)Net LossOther Comprehensive
  (Income) Loss
  (30,009)
  0
  (27,352)
  0
  23,577Total Comprehensive
  Loss
  $ 136,363
  $ 184,420
  $ 106,828
  $ 89,843
  $ 880,128Loss Per Share
  $ 0.01
  $ 0.02
  $ 0.01
  $ 0.01Weighted Average
  Number of 
  Shares Outstanding
  15,118,646
  9,815,000
  15,161,813
  9,815,000


See notes to consolidated financial statements.

---

NEWPORT GOLD, INC.
(An Exploration Stage Company)
Consolidated Statements of Stockholders' Equity 
Period from July 16, 2003 (Inception) to June 30, 2007
(US Dollars)
(Unaudited)

---

Shares
  Par 
  Value
  Additional 
  Paid-In 
  Capital
  Share 
  Subscriptions 
  Received
  Other 
  Comprehensive
  Loss
  Accumulated 
  Deficit 
  During 
  Exploration 
  Stage
  Total 
  Stockholders' 
  EquityShare subscriptions- cash
  0
  $ 0
  $ 0
  $ 93,150
  $ 0
  $ 0
  $ 93,150- property
  0
  0
  0
  22,500
  0
  0
  22,500Foreign currencytranslation adjustment
  0
  0
  0
  0
  (3,409)
  0
  (3,409)Net loss
  0
  0
  0
  0
  0
  (161,681)
  (161,681)Balance,December 31, 2003
  0
  0
  0
  115,650
  (3,409)
  (161,681)
  (49,440)Foreign currencytranslation adjustment
  0
  0
  0
  0
  (1,124)
  0
  (1,124)Net loss
  0
  0
  0
  0
  0
  (95,960)
  (95,960)Balance,December 31, 2004
  0
  0
  0
  115,650
  (4,533)
  (257,641)
  (146,524)Share subscriptions- cash
  0
  0
  0
  144,000
  0
  0
  144,000Foreign currencytranslation adjustment
  0
  0
  0
  0
  (2,476)
  0
  (2,476)Net loss
  0
  0
  0
  0
  0
  (93,207)
  (93,207)Balance,December 31, 2005
  0
  0
  0
  259,650
  (7,009)
  (350,848)
  (98,207)Share subscriptions- cashCommon shares issuedfor cash
  12,575,000
  12,575
  523,075
  0
  0
  0
  535,650Common shares issuedfor mining claims
  2,500,000
  2,500
  247,500
  0
  0
  0
  250,000Common shares issuedfor share
  subscriptions
  0
  0
  0
  (259,650)
  0
  0
  (259,650)Foreign currencytranslation adjustment
  0
  0
  0
  0
  577
  0
  577Net loss
  0
  0
  0
  0
  0
  (339,331)
  (339,331)Balance,December 31, 2006
  
  
  
  -Common share issuedfor mining claims
  100,000
  100
  44,900
  0
  0
  0
  45,000Translation adjustment
  0
  0
  0
  0
  30,009
  0
  30,009Net loss
  0
  0
  0
  0
  0
  (166,372)
  (166,372)Balance,June 30, 2007
  15,175,000
  $ 15,175
  $ 815,475
  $        0
  $ 23,577
  $ (856,551)
  $ (2,324)


See notes to consolidated financial statements.

6

---

NEWPORT GOLD, INC.
(An Exploration Stage Company)
Consolidated Statements of Cash Flows 
(US Dollars)
(Unaudited)

---

Six Months Ended
  June 30,
  Cumulative Period
  From July 16, 2003
  (Inception) through
  June 30, 20072007
  2006Operating
  ActivitiesNet loss
  $ (166,372)
  $ (184,420)
  $ (856,591)Item not involving
  cash:Depreciation
  508
  755
  2,018Operating Cash Flow
  (165,864)
  (183,665)
  (854,573)Changes in
  Operating Assets and LiabilitiesPrepaid expenses
  (8,816)
  (20,000)
  (8,790)Accounts
  payable
  108,295
  2,637
  246,751Due to related parties
  (17,216)
  34,652
  172,281Cash Used in
  Operating Activities
  (83,601)
  (166,376)
  (444,331)Investing
  ActivitiesComputer
  equipment
  0
  (5,034)
  (5,034)Expenditures on
  resource
  property - shares
  0
  0
  (12,324)Cash Used in
  Investing Activities
  0
  (5,034)
  (17,358)Financing
  ActivitiesCommon shares issued
  0
  156,000
  276,000Subscriptions
  received
  0
  0
  237,150Cash Provided by
  Financing Activities
  0
  156,000
  513,150Inflow (Outflow) of
  Cash
  (83,601)
  (15,140)
  51,461Effect of Exchange
  Rate Change on Cash 
  Balance held in Foreign Currencies
  35,466
  0
  29,770Cash, Beginning of
  Year
  129,366
  151,520
  0Cash, End of Period
  $ 81,231
  $ 136,110
  $ 81,231Non-Cash Financing
  ActivityCommon stock issued
  for property
  $ 45,000
  $ 0
  $ 317,500Supplemental
  DisclosuresInterest paid
  0
  0
  0Income taxes paid
  $ 0
  $ 0
  $ 0




See notes to consolidated financial statements.

7

---

NEWPORT GOLD, INC.
(An Exploration Stage Company)
Consolidated Statements of Cash Flows 
(US Dollars)
(Unaudited)

---

1. OPERATIONS AND BASIS OF PRESENTATION

The Company was incorporated under the laws of Nevada on July 16, 2003, and
  is involved in the acquisition, exploration and development of mineral and
  energy properties. The Company is currently evaluating opportunities both in
  the mineral sector and otherwise. The Company is in the exploration stage and
  follows the provisions of Statement No. 7 of the Financial Accounting
  Standards Board ("FASB").

These consolidated financial statements include the accounts of the Company
  and its wholly-owned Canadian subsidiary, 2038052 Ontario Inc., incorporated
  under the laws of the province of Ontario, Canada. All intercompany
  transactions and balances have been eliminated.

Recent accounting pronouncements

1. FAS 157, "Fair Value Measurements". This new standard provides
  guidance for using fair value to measure assets and liabilities and applies
  whenever other standards require (or permit) assets or liabilities to be
  measured at fair value but does not expand the use of fair value in any new
  circumstances. The provisions of this statement are effective for financial
  statements issued for fiscal years beginning after November 15, 2007, and
  interim periods within those fiscal years. The Company expects that this new
  pronouncement will have no impact on the Company's consolidated financial
  statements.
2. FAS 159,"Fair Value Option for Financial Assets and Financial
  Liabilities". The fair value option established by this statement permits
  all entities to choose to measure eligible items at fair value at specified
  election dates. Most of the provisions of this statement apply only to
  entities that elect the fair value option. However, the amendment to FASB
  Statement No. 115, "Accounting for Certain Investments in Debt and Equity
  Securities", applies to all entities with available-for-sale and trading
  securities. This statement is effective as of the beginning of an entity's
  first fiscal year that begins after November 15, 2007. The Company expects
  that this new pronouncement will have no impact on the Company's consolidated
  financial statements.



1. GOING-CONCERN

These financial statements have been prepared in accordance with accounting
  principles generally accepted in the United States of America on a
  going-concern basis. This presumes funds will be available to finance on-going
  development, operations and capital expenditures and the realization of assets
  and the payment of liabilities in the normal course of operations for the
  foreseeable future.

8

---

NEWPORT GOLD, INC.
(An Exploration Stage Company)
Consolidated Statements of Cash Flows 
(US Dollars)
(Unaudited)

---

2. GOING-CONCERN (Continued)

The general business strategy of the Company is to explore and research an
  existing mineral property and to potentially acquire further claims either
  directly or through the acquisition of operating entities. The continued
  operations of the Company depends upon the recoverability of mineral property
  reserves, confirmation of the Company's interest in the underlying mineral
  claims, the ability of the Company to obtain necessary financing to complete
  the development of these claims and upon the future profitable production of
  the claims. Management intends to raise additional capital through share
  issuances to finance operations and invest in the Burnt Basin Properties as
  described in note 3.





8

---

NEWPORT GOLD, INC.
(An Exploration Stage Company)
Consolidated Statements of Cash Flows 
(US Dollars)
(Unaudited)

---

The Company has a working capital deficit of $365,791 (December 31, 2006 -
  $199,927), has accumulated losses during the exploration stage of $856,551
  (December 31, 2006 - $690,179), has not generated any operating revenue to
  date, and has no capital resources presently available to meet obligations,
  which normally can be expected to be incurred by similar companies. These
  factors raise substantial doubt about the Company's ability to continue as a
  going-concern, which is dependent on the Company's ability to obtain and
  maintain an appropriate level of financing on a timely basis and to achieve
  sufficient cash flows to cover obligations and expenses. The outcome of the
  above matters cannot be predicted at this time. These financial statements do
  not give effect to any adjustments to the amounts and classifications of
  assets and liabilities, which might be necessary should the Company be unable
  to continue as a going-concern.

3. RESOURCE PROPERTIES

The Company adopted the provisions of EITF 04-2, "Whether Mineral Rights
  are Tangible or Intangible Assets", and FSP FAS 141-1 and 142-1, which
  concluded that mineral rights are tangible assets. Accordingly, the Company
  capitalizes certain costs related to the acquisition of mineral rights.

1. On June 18, 2003, the Company entered into an option agreement to acquire
  nine mineral claims consisting of 47 units, each unit consisting of
  approximately 25 hectares, title to which is held by an unrecorded warranty
  deed. The mineral claims are located 25 kilometres northeast of the city of
  Grand Forks, British Columbia, Canada, known as the Burnt Basin mineral claims
  numbered 393541, 393542, and 393681 to 393687. The option agreement is subject
  to an underlying agreement dated July 29, 2002 between the property owners and
  the optionor.
  Under the terms of the option agreement, the Company can acquire a 100%
  undivided interest in the property, subject to two separate net smelter return
  royalties ("NSR") (totaling 2%), and cash and share payments totaling $12,364
  (Cdn $17,000) (paid) and 225,000 shares of common stock. The Company must also
  incur exploration expenses totaling $215,000 (Cdn $250,000) over a three-year
  period, ending June 18, 2006 (extended to June 18, 2007).
  The first NSR consists of a 1% NSR payable to the property owner capped at
  $215,000 (Cdn $250,000), that will be provided by making annual $8,600 (Cdn
  $10,000) prepaid NSR payments beginning in September, 2003 ($24,010 (Cdn
  $30,000) paid to December 31, 2005). A further 1% NSR is payable to the
  optionor. One-half of the latter 1% NSR may be bought out for the sum of
  $430,000 (Cdn $500,000).
  To date, the Company has not performed any work on the property other than
  some mapping and compilation. The Company is presently in the pre-exploration
  state and there is no assurance that a commercially viable mineral deposit
  exists in the property until further exploration is done and a comprehensive
  evaluation concludes economic and legal feasibility. The Company intends to
  develop mineral deposits it finds, or enter into a joint venture with another
  mining company with more experience at that stage of operation.

9

---

NEWPORT GOLD, INC.
(An Exploration Stage Company)
Consolidated Statements of Cash Flows 
(US Dollars)
(Unaudited)

---

3. RESOURCE PROPERTIES (Continued)

1. By agreement dated November 17, 2006, the Company acquired an option to
  earn a 20%

interest of a 50% interest held by the optionors in certain mineral
    exploration rights located in Inner Mongolia, China.

In order to earn its interest in the property, the Company issued
    2,200,000 common shares to the optionors and an additional 300,000 common
    shares to the vendor of the property.

The common shares were valued by the Company at $0.10 per share. The
    Company also granted a total of 2.2% NSR to the optionors on all metals
    produced from the optionors' interest in the property. The optionors also
    granted the Company a first right of refusal on acquiring the remainder of
    their 50% interest for a period of one year.

The Company must issue a total of 800,000 common shares to the vendor by
    February 1, 2009 and incur $750,000 of exploration expenditures, $250,000 in
    the first year (extended to February 1, 2008 in consideration of 100,000
    common shares of the Company, fair valued at $0.45 per share).

4. RELATED PARTY TRANSACTIONS

1. As at June 30, 2007, the total balance owing for investor relations by the
  son of the president of the Company was $48,239 (December 31, 2006 - $48,239).
  The amount owed is without interest or stated terms of repayment and is
  unsecured.
2. As at June 30, 2007, the president is owed $145,339 (December 31, 2006 -
  $145,339), which amount is included in due to related parties. The amount owed
  is without interest or stated terms of repayment and is unsecured.

All transactions with related parties are in the normal course of
  operations and are measured at the exchanged amount, which is the amount of
  consideration agreed to between the parties.





10

---

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

General

The following discussion and analysis should be read in conjunction with the
financial statements, including the notes thereto, appearing elsewhere in this
document.

The "Plan of Operations" of Newport is incorporated by reference from the
Newport's Form SB-1, as amended, filed with the SEC on June 8, 2005.

Plan of Operations.

Newport is a pre-exploration company incorporated under the laws of the State
of Nevada on July 16, 2003. We commenced our business operations in 2006.

Burnt Basin, B.C.

Although most of the work to date has been compilation, some rock sampling
and geologic mapping, an airborne survey was commissioned during the second
quarter which consisted of magnetics and electromagnetic over part of the
property ( the main mineralized area) across lines spaced every 100 meters. We
are awaiting the final report by Aeroquest as well as an independent
interpretation.

In addition to the above, just before the end of the 2nd quarter of 2007 the
mineralized area was covered by soil sampling and sampled for lead , zinc,
silver , copper and gold. These results are being received and will be plotted ,
contoured, and interpreted soon as possible.

A team of prospectors has been engaged to sample all outcrops not yet sampled
and search for old showings mentioned in old geologic reports but not yet found.
During the 3rd quarter of 2007, ground geophysics and detailed mapping is
planned. When all results have been received and compiled, power trenching is
planned over anomalous areas. A diamond drill program will follow.

China

During the second quarter of 2007 a deep probed I.P. survey
commenced over a portion of the property where near surface I.P. anomalies had
been defined last year to search for anomalies at depth below the oxidized zone.

No results are yet available, but will be released when all data has been
received and interpreted.

Inner Mongolia Property

On November 17, 2006, Newport acquired an option to earn a 20% interest in a
50% interest held by the optionors in certain mineral exploration rights located
in Inner Mongolia, China (the "Inner Mongolia Property"). This property is held
by Noront Resources Ltd. ("Noront" NOT TSX-V) through BaoTou Noront Mineral
Development Co. and consists of 5.16 km (2) situated about 100 km north of
BaoTou City. The option agreement is subject to an underlying agreement dated
February 1, 2006 between Noront and the optionors. In order to earn its interest
in the property, Newport issued 2,200,000 common shares to the optionors and an
additional 300,000 common share to Noront at $0.10 per share. Newport also
granted a total of 2.2% NSR to the optionors on all metals produced from the
optionors' interest in the property. The optionors also granted Newport a first
right of refusal on acquiring the remainder of their 50% interest for a period
of one year. Newport must issue a total of 800,000 common shares to Noront by
February 1, 2009 and incur $750,000 of exploration expenditures, with a first
year obligation to issue 300,000 shares (issued as noted above) an incur
$250,000 of exploration expenditures by February 1, 2007. Newport received an
extension on completing the required expenditures to February 1, 2008 in
consideration for 100,000 shares of Newport, fair valued at $0.45 per share.

11

---

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
(Continued)

Inner Mongolia Property (Continued)

Newport has recently received a geological report on the Inner Mongolia
Property prepared by Newport's Consulting Geologist Daniel Huang M.Sc. Diamond
drilling on the Inner Mongolia Property is planned during the summer of 2007. In
order to proceed with this project, Newport will have to raise at least $
300,000 through private placements or other capital avenues.

Off-Balance Sheet Arrangements

As of June 30, 2007, Newport has had no off-balance sheet arrangements.

Loss Per Period/General and Administrative Expenses

Newport's net loss for the six months ended June 30, 2007 was $166,372,
compared to $184,420, for the six-month period ending June 30, 2006.

Most of the loss for the current period is due to geological consulting fees
totaling $121,655. Office and travel expenses were $6,304 compared to $26,206
for the same six-month period ended June 30, 2006. Accounting and legal expenses
were $35,279 compared to $22,419 for the same six-month period ended June 30,
2006. Salaries expenses were $0 compared to $110,000 for the same six-month
period ended June 30, 2006.

Liquidity and Capital
Resources Liquidity

As of June 30, 2007, the Company had total cash on hand of $81,231. Newport
also had $456,326 in liabilities of which $193,578 is owed to related parties
and $262,748 is owed for accounts payable.

Management estimates that Newport will need approximately $ 590,000 over the
next twelve months to follow through with its plan of operation. Newport has
budgeted $50,000 for legal expenses, $50,000 for accounting and audit expenses,
$75,000 for administration, $60,000 for office, $20,000 for travel expenses,
$200,000 for Burnt Basin exploration costs, $200,000 for exploration work on the
Mongolia Property and $15,000 for transfer agent expenses. Newport intends to
raise additional capital through additional private placements of its equity
securities and, if available on satisfactory terms, debt financing to achieve
our goals and objectives for the next twelve months.

Recent Accounting Pronouncements

In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements".
SFAS No. 157 defines fair value, establishes a framework for measuring fair
value and expands disclosures about fair value measurements. This statement is
effective for financial statements issued for fiscal years beginning after
November 15, 2007, and interim periods within those fiscal years. The Company is
currently evaluating SFAS No. 157 to determine the impact, if any, on its
financial statements.

FAS 159, "Fair Value Option for Financial Assets and Financial
Liabilities". The fair value option established by this statement permits
all entities to choose to measure eligible items at fair value at specified
election dates. Most of the provisions of this statement apply only to entities
that elect the fair value option. However, the amendment to FASB Statement No.
115, "Accounting for Certain Investments in Debt and Equity Securities",
applies to all entities with available-for-sale and trading securities. This
statement is effective as of the beginning of an entity's first fiscal year that
begins after November 15, 2007. The Company expects that this new pronouncement
will have no impact on the Company's consolidated financial statements.

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
(Continued)

Critical Accounting Policies

The Company adopted the provisions of EITF 04-2, "Whether Mineral Rights
are Tangible or Intangible Assets", and FSP FAS 141-1 and 142-1,
which concluded that mineral rights are tangible assets. Accordingly, the
Company capitalizes certain costs related to the acquisition of mineral rights.

"Safe Harbor" Statement
under the Private Securities Litigation Reform Act of 1995

This Form 10-QSB report may contain certain "forward-looking" statements as
such term is defined in the Private Securities Litigation Reform Act of
1995 or by the SEC in its rules, regulations and/or releases, which represent
our expectations or beliefs, including but not limited to, statements concerning
our economic performance, financial condition, growth and marketing strategies,
availability of additional capital, ability to attract suitable personal and
future operational plans. For this purpose, any statements contained herein that
are not statements of historical fact may be deemed to be forward-looking
statements. Without limiting the generality of the foregoing, words such as
"may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate,"
"might," or "continue" or the negative or other variations thereof or comparable
terminology are intended to identify forward-looking statements. These
statements by their nature involve substantial risks and uncertainties, certain
of which are beyond our control, and actual results may differ materially
depending on a variety of important facts, including but not limited to those
risk factors in Newport's Registration Statement on Form SB-1, as amended, filed
with the SEC on June 8, 2005.

ITEM 3: CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Our CEO and CFO have evaluated the effectiveness of our disclosure controls
and procedures pursuant to Exchange Act Rule 13a-15(b) as of the end of
the period covered by this report. Based on that evaluation, they have concluded
that our current disclosure controls and procedures are effective.



Changes in Internal Control over Financial Reporting

There was no change during the quarterly period ended June 30, 2007, that has
materially affected, or is reasonably likely to materially affect, our internal
control over financial reporting.





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PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

To Newport's knowledge, no lawsuits exist at June 30, 2007, nor did Newport
commence any lawsuits during the same period. There are no proceedings in which
any of our directors, officers or affiliates, or any registered or beneficial
shareholder, is an adverse party or has a material interest adverse to our
interest.

ITEM 2. UNREGISTERED SALES
OF EQUITY SECURITIES AND USE OF PROCEEDS

Unregistered Sales of Equity Securities

Newport issued 100,000 shares of its common stock on April 12, 2007, to
Noront as consideration for Noront granting an extension to February 1, 2008, to
spend the required $250,000 USD of exploration monies on the Inner Mongolia
Property.

The issuance made by Newport to Noront was completed pursuant to Rule 903 of
Regulation S of the Securities Actof 1933 on the basis that the issuance
of the shares was completed in an offshore transaction, as defined in
Rule 902(h) of Regulation S. Newport did not engage in any directed selling
efforts, as defined in Regulation S, in the US in connection with the sale of
the shares. Noront represented to us that they were not a US person, as defined
in Regulation S, and were not acquiring the shares for the account or benefit of
a US person. The agreement executed between us and Noront included statements
that the securities had not been registered pursuant to the Securities Actof 1933 and that the securities may not be offered or sold in the US unless
the securities are registered under the Securities Act of 1933 or
pursuant to an exemption from the Securities Act of 1933. Noront agreed
by on receipt of the shares: (i) to resell the securities purchased only in
accordance with the provisions of Regulation S, pursuant to registration, under
the Securities Actof 1933, or pursuant to an exemption from registration
under the Securities Actof 1933; (ii) that we are required to refuse to
register any sale of the securities purchased unless the transfer is in
accordance with the provisions of Regulation S, pursuant to registration under
the Securities Actof 1933 or pursuant to an exemption from registration
under the Securities Act of 1933; and (iii) not to engage in hedging
transactions with regards to the securities purchased unless in compliance with
the Securities Actof 1933. The share certificate issued to Noront was
endorsed with a restrictive legend.

Use of Proceeds

Not Applicable.

ITEM 3. DEFAULTS UPON
SENIOR SECURITIES

Not applicable.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not applicable.

ITEM 5. OTHER INFORMATION

Not applicable.

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PART II - OTHER INFORMATION (Continued)

ITEM 6. EXHIBITS

Exhibits

The following Exhibits are furnished as part of this Form 10-QSB, pursuant to
Item 601 of Regulation S-B.



|Exhibit Number |  | Exhibit Title                                                                                                                                                  
|-------------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------
|               |  |                                                                                                                                                                
|3.1            |  | Articles of Incorporation
  (incorporated by reference from our Form SB-1 Registration Statement, filed
  June 8, 2005)                                        
|3.2            |  | Bylaws (incorporated by reference
  from our Form SB-1 Registration Statement, filed June 8, 2005)                                                             
|10.1           |  | Burnt Basin mineral claims
  (incorporated by reference from our Form SB-1 Registration Statement, filed
  June 8, 2005)                                       
|10.2           |  | Option Agreement to Acquire Burnt
  Basin Mineral Claims (incorporated by reference from our Form SB-1
  Registration Statement, filed June 8, 2005)           
|10.3           |  | Addendum Agreement (incorporated
  by reference from our Form SB-1 Registration Statement, filed June 8, 2005)                                                 
|10.4           |  | Option Agreement to Acquire Inner
  Mongolia Mineral Claims                                                                                                    
|10.5           |  | Amendment Agreement to Acquire
  Inner Mongolia Mineral Claims                                                                                                 
|21             |  | List of Subsidiaries (incorporated
  by reference from our Form SB-1 Registration Statement, filed June 8, 2005)                                               
|31.1           |  | Certificate of CEO/CFO as Required
  by Rule 13a-14(a)/15(d)-14                                                                                                
|31.2           |  | Certificate of CEO/CFO as Required
  by Rule 13a-14(b) and Rule 15(d) -14(b) (17 CFR 240.15d-14(b)) and Section
  1350 of Chapter 63 of Title 18 of the US Code
|32.1           |  | Certificate of CEO as Required by
  Rule 13a-14(b) and Rule 15d-14(b) (17 CFR 240.15d-14(b)) and Section 1350 of
  Chapter 63 of Title 18 of the US Code       





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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.



NEWPORT
  GOLD, INC.Date: August
  20 , 2007
  /s/ Derek BartlettBy:
  Derek Bartlett,
  President, CEO, Secretary, and a member of the 
  Board of DirectorsDate: August 20,
  2007
  /s/ John ArnoldBy:
  John Arnold,
  Treasurer, Acting Chief Financial Officer, and
  Principal Accounting Officer




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