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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

[X]        Quarterly Report pursuant to Section 13 or 15(d) of the Securities
           Exchange Act of 1934

             For the quarterly period ended   September 30, 2003
                                              ------------------

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

             For the transition period               to
                                       -------------   --------------

             Commission File Number    001-31608
                                       ---------

                               PACIFIC SPIRIT INC.
        -----------------------------------------------------------------
        (Exact name of small Business Issuer as specified in its charter)


         Nevada                                           98-0349685
  --------------------                            -----------------------------
(State or other jurisdiction of               (IRS Employer Identification No.)
                                               incorporation or organization)

     11640 96A Avenue
Vancouver, British Columbia                                 V3V 2A1
--------------------------------                   -------------------------
(Address of principal executive offices)               (Postal or Zip Code)


      Issuer's telephone number, including area code: 604-683-8083

                                     None
    -----------------------------------------------------------------------
   (Former name, former address and former fiscal year, if changed since last
                                    report)


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act of 1934  during the  preceding  12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [X] Yes [ ] No

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest  practicable date:  3,820,000 shares of $0.001 par value
common stock outstanding as of June 8, 2004.

<PAGE>





                               PACIFIC SPIRIT INC.

                        (A Pre-exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                    September 30, 2003 and December 31, 2002

                             (Stated in US Dollars)

                                   (Unaudited)
                                   -----------

<PAGE>



                               PACIFIC SPIRIT INC.
                        (A Pre-exploration Stage Company)
                             INTERIM BALANCE SHEETS
                    September 30, 2003 and December 31, 2002
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

<TABLE>
<CAPTION>
                                                   ASSETS                     September 30,       December 31,
                                                   ------
                                                                                   2003               2002
                                                                                   ----               ----
<S>                                                                             <C>                  <C>
Current
   Cash                                                                      $        12,544     $        27,983
                                                                                ============         ===========

                                                LIABILITIES
                                                -----------
Current
   Accounts payable and accrued liabilities                                  $           766     $         8,487
                                                                                ------------          ----------

                                            STOCKHOLDERS' EQUITY
                                            --------------------

Preferred stock, $0.001 par value
     10,000,000 shares authorized, none outstanding
Common stock, $0.001 par value
    100,000,000 shares authorized
      3,820,000 shares issued (December 31, 2002:  3,820,000)                          3,820               3,820
Paid in capital                                                                       87,180              87,180
Deficit accumulated during the pre-exploration stage                            (     79,222)       (     71,504)
                                                                                ------------         -----------
                                                                                      11,778              19,496
                                                                                ------------         -----------
                                                                             $        12,544     $        27,983
                                                                                ============         ===========
</TABLE>




                            SEE ACCOMPANYING NOTES

<PAGE>



                               PACIFIC SPIRIT INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF OPERATIONS
         for the three and nine months ended September 30, 2003 and 2002
  and for the period May 4, 2001 (Date of Incorporation) to September 30, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<TABLE>
<CAPTION>
                                                                                                             May 4, 2001
                                                                                                               (Date of
                                              Three months ended                Nine months ended          Incorporation) to
                                                 September 30,                    September 30,              September 30,
                                            2003             2002             2003             2002              2003
                                            ----             ----             ----             ----              ----
<S>                                        <C>              <C>              <C>             <C>               <C>
Expenses
   Accounting and audit fees             $      1,121    $         855    $       1,731   $       5,983    $        14,664
   Administrative services                          -            7,000              500           7,000             17,500
   Bank charges                                    49               63              173             215                592
   Incorporation costs                              -                -                -               -                900
   Legal fees                                       -                -            2,719               -             31,206
   Mineral property costs
    - Note 3                                    2,155                -            2,155           2,258             11,902
   Office                                           -                -              131               -                418
   Transfer agent fees                            297                -              335             180              2,140
                                           ----------         --------         --------        --------           --------
Loss before other item                      (   3,622)     (     7,918)      (    7,744)     (   15,636)      (     79,322)
Other item
   Interest income                                  -                7               26               7                100
                                           ----------        ---------         --------        --------           ---------
Net loss for the period                  $ (    3,622)   $ (     7,911)   $  (    7,718)  $  (   15,629)   $  (     79,222)
                                           ==========        =========         =========       =========          =========
Basic loss per share                     $ (     0.00)   $ (      0.00)   $  (     0.00)  $  (     0.01)
                                           ==========        ==========        =========       =========
Weighted average number of  shares
outstanding                                 3,820,000        2,500,000        3,820,000       2,500,000
                                           ==========        ==========        =========       =========
</TABLE>




                            SEE ACCOMPANYING NOTES

<PAGE>


                               PACIFIC SPIRIT INC.
                        (A Pre-exploration Stage Company)
                         INTERIM STATEMENT OF CASH FLOWS
             for the nine months ended September 30, 2003 and 2002,
  and for the period May 4, 2001 (Date of Incorporation) to September 30, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<TABLE>
<CAPTION>
                                                                                                       May 4, 2001
                                                                                                         (Date of
                                                                      Nine months ended              Incorporation) to
                                                                        September 30,                  September 30,
                                                                  2003                 2002                 2003
                                                                  ----                 ----                 ----
<S>                                                            <C>                  <C>                  <C>
Cash Flows from Operating Activities
   Net loss for the period                                 $  (      7,718)     $  (     15,629)    $  (     79,222)
   Change in non-cash working capital balance
    related to operations
     Accounts payable and accrued liabilities                 (      7,721)               1,483                 766
                                                               -----------          -----------          -----------
                                                              (     15,439)        (     14,146)       (     78,456)
                                                               -----------          -----------          -----------
Cash Flows from Financing Activities
   Capital stock issued                                                  -               12,500               91,000
   Advance from a director                                               -                7,000                    -
                                                               -----------          -----------          -----------
                                                                         -               19,500               91,000
                                                               -----------          -----------          -----------
Increase (decrease) in cash during the period                 (     15,439)               5,354               12,544

Cash, beginning of the period                                       27,983                   29                    -
                                                               -----------          -----------          -----------
Cash, end of the period                                    $        12,544      $         5,383     $          12,544
                                                               ===========          ===========          ===========
Supplemental  disclosure  of cash flow  information
Cash paid during the period for:
     Interest                                              $            -       $            -      $               -
                                                               ===========          ===========          ============
     Income taxes                                          $            -       $            -      $               -
                                                               ===========          ===========          ============
</TABLE>




                            SEE ACCOMPANYING NOTES

<PAGE>


                               PACIFIC SPIRIT INC.
                        (A Pre-exploration Stage Company)
                       INTERIM STATEMENT OF STOCKHOLDERS'
                 EQUITY (DEFICIENCY) for the period May 4, 2001
                  (Date of Incorporation) to September 30, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<TABLE>
<CAPTION>

                                                                                             Deficit
                                                                                           Accumulated
                                                                          Additional     During the Pre-
                                                 Common Shares              Paid-in        Exploration
                                         -------------------------------
                                             Number        Par Value        Capital           Stage             Total
                                             ------        ---------        -------           -----             -----
<S>                                          <C>           <C>             <C>               <C>               <C>
Capital stock issued for cash
                          - at $0.01          2,500,000 $        2,500  $       22,500      $           -  $       25,000

Net loss for the period                               -              -               -        (    40,255)    (    40,255)
                                              ---------     ----------       ---------          ---------       ----------
Balance, as at December 31, 2001              2,500,000          2,500          22,500        (    40,255)    (    15,255)
Capital stock issued for cash
                          - at $0.05          1,320,000          1,320          64,680                  -          66,000
Net loss for the year                                 -              -               -        (    31,249)    (    31,249)
                                              ---------     ----------       ---------          ----------      ----------
Balance, as at December 31, 2002              3,820,000          3,820          87,180        (    71,504)         19,496

Net loss for the period                               -              -               -        (     7,718)    (     7,718)
                                              ---------     ----------       ---------          ----------      ----------
Balance, as at September 30, 2003             3,820,000 $        3,820  $       87,180      $ (    79,222) $       11,778
                                              =========     ==========       =========          ==========      ==========
</TABLE>




                            SEE ACCOMPANYING NOTES

<PAGE>


                               PACIFIC SPIRIT INC.
                        (A Pre-exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                               September 30, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

Note 1        Interim Reporting
              -----------------

              While the information  presented in the accompanying  interim nine
              month   financial   statements  is  unaudited,   it  includes  all
              adjustments which are, in the opinion of management,  necessary to
              present fairly the financial  position,  results of operations and
              cash flows for the interim period  presented.  All adjustments are
              of a normal recurring nature. It is suggested that these financial
              statements be read in conjunction with the company's  December 31,
              2002 annual financial statements.

Note 2        Continuance of Operations
              -------------------------

              The  financial  statements  have  been  prepared  using  generally
              accepted  accounting  principles  in the United  States of America
              applicable for a going concern which assumes that the Company will
              realize its assets and discharge its  liabilities  in the ordinary
              course of business.  As at September 30, 2003, the Company has not
              yet attained  profitable  operations and has accumulated losses of
              $79,222 since its commencement. Its ability to continue as a going
              concern is dependent upon the ability of the Company to obtain the
              necessary   financing  to  meet  its   obligations   and  pay  its
              liabilities arising from normal business operations when they come
              due.

Note 3        Commitments
              -----------

              Mineral Property

              By a lease  agreement  effective June 1, 2001 and amended June 25,
              2002,  November  25,  2002 and  January  9, 2004 the  Company  was
              granted the exclusive right to explore and mine the Del Oro and NP
              Claims located in Pershing County of the State of Nevada. The term
              of this  lease is for 30 years,  renewable  for an  additional  30
              years so long as the  conditions  of the  lease  are met.  Minimum
              payments and performance commitments are as follows:

              Minimum Advance Royalty Payments:

              The owner shall be paid a royalty of 4% of the net smelter returns
              from all  production.  In respect to this royalty,  the Company is
              required to pay minimum advance royalty payments of the following:

              - $5,000 upon execution (paid) and $4,500 (paid) for extensions of
                the agreement;
              - $2,000 upon  execution of the amended agreement dated January 9,
                2004 (paid  subsequently);
              - $5,000 on July 9, 2004;
              - $10,000 on January 9, 2005; and


<PAGE>

Pacific Spirit Inc.
(A Pre-exploration Stage Company)
Notes to the Interim Financial Statements
September 30, 2003
(Stated in US Dollars)
(Unaudited) - Page 2
 ---------


Note 3        Commitments - (cont'd)
              -----------

              Mineral Property - (cont'd)
              -   each  annual  payment  thereafter  of  $50,000  plus an annual
                  increase  or  decrease  equivalent  to the  rate of  inflation
                  designated by the Consumer  Price Index for that year with the
                  execution  year as the base year.  Each such payment  shall be
                  made by January 9, of each successive year of the lease.

              The Company can reduce the net smelter  return  royalty to 0.5% by
              payment of a buy-out price of $5,000,000. Advance royalty payments
              made to the date of the  buy-out  will be  applied  to reduce  the
              buy-out price.

              Performance Commitment:

              In the event that the Company terminates the lease after June 1 of
              any year, it is required to pay all federal and state mining claim
              maintenance  fees for the next  assessment  year.  The  Company is
              required to perform  reclamation  work on the property as required
              by federal,  state and local law for  disturbances  resulting from
              the Company's activities on the property.

<PAGE>


Item  2.      Management's Discussion and Analysis or Plan of Operation

Forward Looking Statements

This quarterly report contains forward-looking statements that involve risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking  statements  for many  reasons,  including the risks faced by us
described in this Risk Factors section and elsewhere in this annual report.

Plan of Operation

Our plan of operations  for the twelve months  following the date of this report
is to complete  the  recommended  phase one  exploration  program on the Del Oro
property in which we hold a leasehold interest.  We anticipate that this program
will cost us $53,000.

In January 2004, we amended our mineral claims  agreement  regarding the Del Oro
property located in Pershing County,  Nevada. We paid the lessor of the property
$2,000  upon  execution  of the  agreement.  In order to keep the  lease in good
standing,  we must pay the lessor $5,000 by July 9, 2004,  $10,000 by January 9,
2005, and $50,000 per year thereafter.

In addition,  we anticipate spending $10,000 on professional fees and $12,000 on
administrative expenses.

Total expenditures over the next 12 months are therefore expected to be $77,000.
Our cash on hand at September 30, 2003 was $12,544. Accordingly, we will need to
raise additional funds in order to complete the recommended  exploration program
on the Del Oro and meet our other expected expenses.

Results of Operations for Nine-Month Period Ended September 30, 2003

We incurred a net loss of $7,718 for the nine-month  period ended  September 30,
2003, as compared to a loss of $15,629 in the same period in 2002.  The decrease
in net loss was  primarily  due to a  reduction  in  accounting  and audit fees,
administrative  services, and property exploration costs. At quarter end, we had
cash on hand of $12,544.  Our  liabilities  at the same date  totalled  $766 and
consisted of accounts payable and accrued liabilities.

Item  3.          Controls and Procedures

Our principal  executive  officer and principal  financial officer has concluded
that  the   effectiveness   of  our  controls  and  procedures  (as  defined  in
ss.240.13a-14(c)  and 240.15d-14(c)),  as of September 30, 2003, are sufficient.
There have been no changes in internal controls in the previous period.

PART II  OTHER INFORMATION

Item  1.          Legal Proceedings

The Company is not a party to any pending  legal  proceeding.  Management is not
aware of any threatened litigation, claims or assessments.

Item  2.          Changes in Securities

None.

<PAGE>

Item  3.          Defaults Upon Senior Securities

None.

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

None.

Item  5.          Other Information

None.

Item  6.          Exhibits and Report on Form 8-K

31.1      Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
          to Section 302 of the Sarbanes-Oxley Act of 2002

31.2      Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
          to Section 906 of the Sarbanes-Oxley Act of 2002

32.1      Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
          to Section 906 of the Sarbanes-Oxley Act of 2002

32.2      Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
          to Section 906 of the Sarbanes-Oxley Act of 2002

          There were no reports filed on Form 8-K during the nine-month  period
          ended September 30, 2003.

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.

                                               Pacific Spirit Inc.

                                               /s/ Peter Sotola
                                               ---------------------------
                                               Peter Sotola
                                               President, Secretary, Treasurer
                                               Chief Executive Officer and
                                               Director
                                               (Principal Executive Officer,
                                               Principal Financial Officer and
                                               Principal Accounting Officer)
                                               Dated: June 8, 2004

<PAGE>