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, 2005
                                         ------------------

[ ]   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             (I.R.S. Employer Identification No.)
incorporation or organization)

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

Issuer's telephone number, including area code: 604-760-1400
                                              ---------------------------
                                      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 November 8, 2005.

<page>

                               PACIFIC SPIRIT INC.

                        (A Pre-exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                               September 30, 2005

                             (Stated in US Dollars)

                                   (Unaudited)

<page>



                               PACIFIC SPIRIT INC.
                        (A Pre-exploration Stage Company)
                             INTERIM BALANCE SHEETS
                    September 30, 2005 and December 31, 2004
                             (Stated in US Dollars)
                                   (Unaudited)

<table>
<caption>
                                      ASSETS                                   September 30,       December 31,
                                      ------
                                                                                   2005               2004
                                                                                   ----               ----

                                                                         <c>                 <c>
Current
    Cash                                                                    $            212    $            576
    Prepaid expenses                                                                     200                 800
                                                                            ----------------    ----------------

                                                                            $            412    $          1,376
                                                                            ================    ================

                                   LIABILITIES
                                   -----------
Current
    Accounts payable and accrued liabilities - Note 4                       $         23,530    $         12,504
    Due to related party - Note 4                                                     19,450               5,676
                                                                            ----------------    ----------------

                                                                                      42,980              18,180
                                                                            ----------------    ----------------

                            STOCKHOLDERS' DEFICIENCY
                            ------------------------
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, 2004:  3,820,000)                     3,820               3,820
Additional paid in capital                                                            87,180              87,180
Deficit accumulated during the pre-exploration stage                                (133,568)           (107,804)
                                                                            ----------------    ----------------

                                                                                     (42,568)            (16,804)
                                                                            ----------------    ----------------

                                                                            $            412    $          1,376
                                                                            ================    ================
</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, 2005 and
                                      2004
  and for the period May 4, 2001 (Date of Incorporation) to September 30, 2005
                             (Stated in US Dollars)
                                   (Unaudited)

<table>
<caption>
                                                                                                               May 4, 2001
                                                                                                                 (Date of
                                               Three months ended                Nine months ended            Incorporation)
                                                  September 30,                    September 30,             to September 30,
                                              2005             2004             2005            2004               2005
                                              ----             ----             ----            ----               ----

                                     <c>               <c>             <c>               <c>            <c>
Expenses
    Accounting and audit fees           $        1,837   $           670  $        6,780   $        2,592  $          33,014
    Administrative services
      - Note 4                                   1,500             1,500           4,500            1,500             25,000
    Bank charges                                    45                81             157              179              1,016
    Exploration costs                                -               150             655              805              2,402
    Incorporation costs                              -                 -               -                -                900
    Legal fees                                       -                 -               -                -             32,206
    Mineral lease advance royalty
     - Note 3                                        -             5,000          10,000            7,000             27,960
    Office and miscellaneous                       750               750           2,250              750              4,268
    Transfer agent and listing fees                426               509           1,422            2,461              6,902
                                        --------------   ---------------  --------------   --------------  -----------------

Loss before other item                          (4,558)           (8,660)        (25,764)         (15,287)          (133,668)

Other item
    Interest income                                  -                 -               -                -                100
                                        --------------   ---------------  --------------   --------------  -----------------

Net loss for the period                 $       (4,558)  $        (8,660) $      (25,764)  $      (15,287) $        (133,568)
                                        ==============   ===============  ==============   ==============  =================

Basic loss per share                    $       (0.00)   $        (0.00)  $       (0.01)   $       (0.00)
                                        =============    ==============   =============    =============

Weighted average number of
 shares outstanding                          3,820,000         3,820,000       3,820,000        3,820,000
                                        ==============   ===============  ==============   ==============
</table>

                             SEE ACCOMPANYING NOTES

<page>

                               PACIFIC SPIRIT INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF CASH FLOWS
                for the nine months ended September 30, 2005 and
           2004 and for the period May 4, 2001 (Date of Incorporation)
                              to September 30, 2005
                             (Stated in US Dollars)
                                   (Unaudited)

<table>
<caption>
                                                                                                          May 4, 2001
                                                                                                           (Date of
                                                                       Nine months ended                Incorporation)
                                                                         September 30,                 to September 30,
                                                                    2005                2004                 2005
                                                                    ----                ----                 ----

                                                         <c>                  <c>                 <c>
Cash Flows from Operating Activities
    Net loss for the period                                 $         (25,764)   $         (15,287)  $        (133,568)
    Changes in non-cash working capital balances
     related to operations
      Prepaid expenses                                                    600                  480                 200
      Accounts payable and accrued liabilities                         11,026               (2,538)             23,530
                                                            -----------------    -----------------   -----------------

                                                                      (14,138)             (17,345)           (110,238)
                                                            -----------------    -----------------   -----------------

Cash Flows from Financing Activities
    Capital stock issued                                                    -                    -              91,000
    Advance from a director                                            13,774                5,676              19,450
                                                            -----------------    -----------------   -----------------

                                                                       13,774                5,676             110,450
                                                            -----------------    -----------------   -----------------


Increase (decrease) in cash during the period                            (364)             (11,669)                212

Cash, beginning of the period                                             576               12,499                   -
                                                            -----------------    -----------------   -----------------

Cash, end of the period                                     $             212    $             830   $             212
                                                            =================    =================   =================

Supplemental disclosure of cash flow information; Cash paid for:
      Interest                                              $               -    $               -   $               -
                                                            =================    =================   =================

      Income taxes                                          $               -    $               -   $               -
                                                            =================    =================   =================
</table>


<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, 2005
                             (Stated in US Dollars)
                                   (Unaudited)

<table>
<caption>
                                                                                                   Deficit
                                                                                                 Accumulated
                                                                               Additional         During the
                                                   Common Shares                 Paid-in       Pre-Exploration
                                         -----------------------------------
                                              Number          Par Value          Capital            Stage              Total
                                              ------          ---------          -------            -----              -----

                                      <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 year                                  -                 -                -           (12,962)           (12,962)
                                         ---------------   ---------------  ---------------   ---------------    ---------------

Balance, as at December 31, 2003               3,820,000             3,820           87,180           (84,466)             6,534

Net loss for the year                                  -                 -                -           (23,338)           (23,338)
                                         ---------------   ---------------  ---------------   ---------------    ---------------

Balance, as at December 31, 2004               3,820,000   $         3,820  $        87,180   $      (107,804)   $       (16,804)

Net loss for the period                                -                 -                -           (25,764)           (25,764)
                                         ---------------   ---------------  ---------------   ---------------    ---------------

Balance, as at September 30, 2005              3,820,000             3,820           87,180          (133,568)           (42,568)
                                         ===============   ===============  ===============   ===============    ===============
</table>

<page>


                               PACIFIC SPIRIT INC.
                        (A Pre-exploration Stage Company)
                    NOTES TO INTERIM THE FINANCIAL STATEMENTS
                               September 30, 2005
                             (Stated in US Dollars)
                                   (Unaudited)


Note 1        Interim Reporting
              -----------------
              While information  presented in the accompanying interim 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 interim  financial
              statements be read in conjunction with the company's  December 31,
              2004 financial statements.

              The results of operations for the period ended September 30, 2005,
              are not necessarily indicative of the results that can be expected
              for the year ended December 31, 2005.


Note 2        Continuance of Operations
              -------------------------
              The  interim   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, 2005,  the
              Company has a working capital  deficiency of $42,568,  has not yet
              attained  profitable  operations  and has  accumulated  losses  of
              $133,568  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. The outcome of these  matters  cannot be  predicted  with any
              certainty  at this  time  and  raise  substantial  doubt  that the
              Company  will be  able  to  continue  as a  going  concern.  These
              financial statements do not include any adjustments to the amounts
              and classification of assets and liabilities that may be necessary
              should the Company be unable to continue as a going  concern.  The
              Company anticipates that additional funding will be in the form of
              equity  financing from the sale of common shares.  The Company may
              also seek to obtain  short-term  loans from the  directors  of the
              Company.  There are no  current  arrangements  in place for equity
              funding or short-term loans.

<page>


Pacific Spirit Inc.
(A Pre-exploration Stage Company)
Notes to the Interim Financial Statements
September 30, 2005
(Stated in US Dollars)
(Unaudited) - Page 2
 ---------

              Note 3       Commitments
                           -----------
              Mineral Property

              By a lease  agreement  effective June 1, 2001 and amended June 25,
              2002,  November 25, 2002,  January 9, 2004 and April 11, 2005, 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:

              Mineral Property - (cont'd)

              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 as follows:

              -   $5,000 upon execution  (paid)  and $4,500 (paid) for extension
                  of the agreement;

              -   $2,000  upon  execution  (paid) of the amended agreement dated
                  January 9, 2004;

              -   $5,000 on July 9, 2004 (paid);

              -   $5,000 on April 12, 2005 (paid); and

              -   each January 9 thereafter, a payment 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
                  execution year as base year.

              In  addition,   the  Company  is  required  to  fund   exploration
              expenditures of $5,000 by April 12, 2005 (paid).

              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.

<page>

Pacific Spirit Inc.
(A Pre-exploration Stage Company)
Notes to the Interim Financial Statements
September 30, 2005
(Stated in US Dollars)
(Unaudited) - Page 3
 ---------



              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.


Note 4            Related Party Transactions
                  --------------------------
              The  Company  was  charged  the  following  by a  director  of the
              Company:

<table>
<caption>
                                                                                                      May 2, 2001
                                                                                                       (Date of
                                                 Three months ended         Six months ended        Incorporation)
                                                   September 30,             September 30,         to September 30,
                                                 2005         2004         2005         2004             2005
                                                 ----         ----         ----         ----             ----
            
                               <c>          <c>          <c>           <c>          <c>
            Administrative services           $    1,500   $         -  $     4,500  $         -  $          7,500
                                              ==========   ===========  ===========  ===========  ================
</table>

              These  charges were  measured by the exchange  amount which is the
              amount agreed upon by the transacting parties.

              Included in accounts  payable at  September  30,  2005,  is $7,500
              (December 31, 2004:  $3,000)  consisting of unpaid management fees
              due to a director of the Company.

              The amount  due to  related  party,  a  director  of the  Company,
              consists  of  unpaid  advances.   The  amount  due  is  unsecured,
              non-interest bearing and has no specific terms for repayment.


<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 quarterly report.


Plan of Operation
-----------------
Our plan of operation 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 still  anticipate that this
program will cost us $53,000.

In April 2005,  we amended our mineral  claims  agreement  regarding the Del Oro
Property  located in Pershing County Nevada.  We paid the lessor of the property
$5,000  advance  royalty on April 12, 2005 and paid $5,000 on April 12, 2005 for
exploration expenditures.

In addition,  we anticipate spending $12,000 on professional fees and $15,000 on
administrative expenses.

Total expenditures over the next 12 months are therefore expected to be $90,000.
Our cash on hand at September  30, 2005 was $212.  Accordingly,  we will need to
raise additional funds in order to complete the recommended  exploration program
on the  Del Oro  Property  and  meet  our  other  expected  expenses.  We do not
currently have any arrangements for raising additional funding.

Results of Operations for the second quarter ended September 30, 2005
---------------------------------------------------------------------

We incurred a net loss of $25,764 for the nine-month  period ended September 30,
2005,  as  compared  to a loss of  $15,287  in the  same  period  in  2004.  The
difference in net loss was primarily due to an increase in accounting  and audit
fees, office expenses, and administrative  services expense and office expenses,
and  increase  in  resource  costs as per  lease  agreement.  As per  management
agreement  dated July 1, 2004, the president  started to charge the Company $500
per  month  for  administrative  services  ($4,500  per  the  period  January  -
September,  2005).  The Company  also  incurred  $250 per month for office rent,
telephone expenses,  and general  miscellaneous  office expenses ($2,250 per the
period January - September, 2005) related to the use of the Vancouver office. In
the  comparative  period,  the  president  did not charge the  Company  for such
expenses.  During the  nine-month  period ended  September 30, 2005, we incurred
transfer agent and filing fees of $1,422 (2004: $2,461) and accounting and audit
fees of $6,780  (2004:  $2,592) in order to bring all  outstanding  SEC  filings
current.  We incurred $10,000 resource  property costs during this period (2004:
$7,000).  At the end of the  third  quarter,  we had cash on hand of  $212.  Our
liabilities at the same date totalled $42,980, and consisted of accounts payable
of $23,530 and $19,450 due to a related party.

<page>

Item 3.           Controls and Procedures


As required by Rule 13a-15 under the Exchange  Act,  within the 90 days prior to
the filing date of this report,  the Company  carried out an  evaluation  of the
effectiveness of the design and operation of the Company's  disclosure  controls
and  procedures.  This evaluation was carried out under the supervision and with
the  participation  of  the  Company's   management,   including  the  Company's
President, the Chief Executive Officer, and the Chief Financial Officer.

Based upon that evaluation,  the Company concluded that the disclosure  controls
and  procedures are  effective.  There have been no  significant  changes in the
Company's  internal  controls or in other  factors,  which  could  significantly
affect  internal  controls  subsequent  to the date the Company  carried out its
evaluation.

PART II  OTHER INFORMATION

Item 1.           Legal Proceedings

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

Item 2.           Changes in Securities

None.

Item 3.           Defaults upon Senior Securities

None.

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

None.

Item 5.           Other Information

None.

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  302 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

<page>


There were no  reports  filed on Form 8-K during  the  nine-month  period  ended
September 30, 2005.

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: November 8, 2005