**UNITED      STATES **

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

| (X                ) | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITES EXCHANGE                ACT OF                1934 |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------|

| (                ) | TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE EXCHANGE ACT |
|--------------------|---------------------------------------------------------------------------------------|

**STANDARD      CAPITAL CORPORATION**

**APPLICABLE      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY**

**PROCEEDINGS      DURING THE PROCEDING FIVE YEARS**

**APPLICABLE      ONLY TO CORPORATE ISSUERS**

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**INDEX**

|                                                                           |                                                                                                                                                                                                                                 | **Page****Number** |
|--------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------|
| **PART                1.**                                                     | FINANCIAL                INFORMATION                                                                                                                                                                                                 |               |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **ITEM                1.**                                                     | Financial                Statements (unaudited)                                                                                                                                                                                      | **3**              |
|                                                                           |                                                                                                                                                                                                                                 |               |
|                                                                           | Balance                Sheet as at February 28, 2006 and August 31, 2005                                                                                                                                                             | **4**              |
|                                                                           |                                                                                                                                                                                                                                 |               |
|                                                                           | Statement                of OperationsFor                the three and six months ended February 28, 2006 and 2005                and for the period September 24, 1998 (Date of Inception)                to February 28, 2006      |   **5**  |
|                                                                           |                                                                                                                                                                                                                                 |               |
|                                                                           | Statement                of Cash FlowsFor                the six months ended February 28, 2006 and 2005 and                for the period September 24, 1998 (Date                of Inception) to February                28, 2006 |   **6**  |
|                                                                           |                                                                                                                                                                                                                                 |               |
|                                                                           | Statement                of Changes in Stockholders’ EquityFor                the period from September 24, 1998 (Date of Inception) to February                28, 2006                                                       |   **7**  |
|                                                                           |                                                                                                                                                                                                                                 |               |
|                                                                           | Notes                to the Financial Statements.                                                                                                                                                                                    | **8**              |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **ITEM                2.**                                                     | Management’s                Discussion and Analysis or Plan of Operations                                                                                                                                                      | **11**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **                      ITEM                3.** | Controls                and Procedures                                                                                                                                                                                               | **17**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **PART                11.**                                                    | OTHER                INFORMATION                                                                                                                                                                                                     | **17**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **ITEM                1.**                                                     | Legal                Proceedings                                                                                                                                                                                                     | **17**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **ITEM                2.**                                                     | Changes                in Securities and Use of Proceeds                                                                                                                                                                             | **17**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **ITEM                3.**                                                     | Defaults                Upon Senior Securities                                                                                                                                                                                       | **19**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **ITEM                4.**                                                     | Submission                of Matters to a Vote of Security Holders                                                                                                                                                                   | **19**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **ITEM                5.**                                                     | Other                Information                                                                                                                                                                                                     | **19**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
| **ITEM                6.**                                                     | Exhibits                and Reports on Form 8-K                                                                                                                                                                                      | **19**             |
|                                                                           |                                                                                                                                                                                                                                 |               |
|                                                                           | **SIGNATURES**.                                                                                                                                                                                                                      | **21**             |
|                                                                           |                                                                                                                                                                                                                                 |               |

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**PART      1 - FINANCIAL INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS**

----

**STANDARD      CAPITAL CORPORATION**

**BALANCE      SHEETS**

|                                                                                                                                     | **February                28****2006** | **August                31****2005** |
|------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------|--------------------------------------|
| **ASSETS**                                                                                                                               |                                   |                                 |
|                                                                                                                                     |                                   |                                 |
| **CURRENT                ASSETS**                                                                                                        |                                   |                                 |
|                                                                                                                                     |                                   |                                 |
| Bank                                                                                                                                     | **$****8,586**                         | **$****103**                         |
|                                                                                                                                     |                                   |                                 |
|                                                                                                                                     | **$****8,586**                         | **$****103**                         |
|                                                                                                                                     |                                   |                                 |
| **LIABILITIES**                                                                                                                          |                                   |                                 |
|                                                                                                                                     |                                   |                                 |
| Accounts                payable - related party                                                                                          | **$                30,971**            | **28,403**                           |
| Accounts                payable and accrued liabilities                                                                                  | **25,914**                             | **44,639**                           |
|                                                                                                                                     | **56,885**                             | **73,042**                           |
|                                                                                                                                     |                                   |                                 |
| **STOCKHOLDERS’                EQUITY (DEFICIENCY)**                                                                               |                                   |                                 |
|                                                                                                                                     |                                   |                                 |
| Common                stock                                                                                                              |                                   |                                 |
| 200,000,000                shares authorized, at $0.001 par                                                                              |                                   |                                 |
| value,                2,285,000 shares issued and outstanding (August 31, 2005                - 1,295,000 shares issued and outstanding) |  **2,285**                        |  **1,295**                      |
|                                                                                                                                     |                                   |                                 |
| Capital                in excess of par value                                                                                            | **81,765**                             | **31,155**                           |
|                                                                                                                                     |                                   |                                 |
| Deficit                accumulated during the pre-exploration stage                                                                      | **(132,349)**                          | **(105,389)**                        |
|                                                                                                                                     |                                   |                                 |
| Total                Stockholders’ Equity (Deficiency)                                                                             | **(48,299)**                           | **(72,939)**                         |
|                                                                                                                                     |                                   |                                 |
|                                                                                                                                     | **$****8,586**                         | **$****103**                         |

----

**STANDARD      CAPITAL CORPORATION**

**STATEMENTS      OF OPERATIONS**

|                                                     | **For                the****Three                months****Ended****Feb                28,****2006** | **For                the****Three                Months****Ended****Feb                28,**** ****2005** | **For                the****Six****Months****Ended****Feb                28,****2006** | **For                the****Six****Months****Ended****Feb                28,****2005** |   **Date                of Inception to****Feb                28****,****2006** |
|----------------------------------------------------------|------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------|
|                                                     |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
| **SALES**                                                | **$****-**                                                                                           | **$****-**                                                                                                     | **$                ______****-**                                                       | **$_____****-**                                                                        | **$****-**                                                                                |
|                                                     |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
| **GENERAL                AND ADMINISTRATIVE EXPENSES:**  |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
|                                                     |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
| Accounting                and audit                      | **1,695**                                                                                            | **1,250**                                                                                                      | **2,940**                                                                              | **2,500**                                                                              | **40,890**                                                                                |
| Annual                General Meeting   costs  | **-**                                                                                                | **-**                                                                                                          | **679**                                                                                | **-**                                                                                  | **2,230**                                                                                 |
| Bank                charges and interest                 | **23**                                                                                               | **19**                                                                                                         | **166**                                                                                | **37**                                                                                 | **1,767**                                                                                 |
| Consulting                fees                           | **-**                                                                                                | **-**                                                                                                          | **10,000**                                                                             | **-**                                                                                  | **12,500**                                                                                |
| Edgar                filing fees                         | **250**                                                                                              | **250**                                                                                                        | **500**                                                                                | **500**                                                                                | **6,679**                                                                                 |
| Filing                fees                               | **92**                                                                                               | **-**                                                                                                          | **103**                                                                                | **-**                                                                                  | **767**                                                                                   |
| Geological                report                         | **-**                                                                                                | **-**                                                                                                          | **-**                                                                                  | **-**                                                                                  | **2,780**                                                                                 |
| Incorporation                costs                       | **-**                                                                                                | **-**                                                                                                          | **-**                                                                                  | **-**                                                                                  | **255**                                                                                   |
| Legal                fees                                | **-**                                                                                                | **-**                                                                                                          | **2,500**                                                                              | **-**                                                                                  | **2,987**                                                                                 |
| Management                fees                           | **600**                                                                                              | **600**                                                                                                        | **1,200**                                                                              | **1,200**                                                                              | **18,000**                                                                                |
| Miscellaneous                                            | **-**                                                                                                | **-**                                                                                                          | **-**                                                                                  | **-**                                                                                  | **1,600**                                                                                 |
| Office                expenses                           | **455**                                                                                              | **14**                                                                                                         | **1,239**                                                                              | **14**                                                                                 | **2,817**                                                                                 |
| Rent                                                     | **300**                                                                                              | **300**                                                                                                        | **600**                                                                                | **600**                                                                                | **9,000**                                                                                 |
| Staking                and exploration   costs | **661**                                                                                              | **3,070**                                                                                                      | **3,761**                                                                              | **3,070**                                                                              | **13,617**                                                                                |
| Telephone                                                | **150**                                                                                              | **150**                                                                                                        | **300**                                                                                | **600**                                                                                | **4,500**                                                                                 |
| Transfer                agent’s fees               | **-**                                                                                                | **321**                                                                                                        | **622**                                                                                | **628**                                                                                | **7,152**                                                                                 |
| Travel                and entertainment                  | **147**                                                                                              | **-**                                                                                                          | **2,350**                                                                              | **(300)**                                                                              | **4,808**                                                                                 |
|                                                     |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
| **NET                LOSS**                              | **$                (****4,373)**                                                                     | **$****(5,974)**                                                                                               | **$****(26,960)**                                                                      | **$****(8,849****)**                                                                   | **$****(132,349)**                                                                        |
|                                                     |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
| **NET                LOSS PER COMMON SHARE**             |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
| Basic                                                    | **$****-**                                                                                           | **$****-**                                                                                                     | **$****0.01**                                                                          | **$****-**                                                                             |                                                                                      |
|                                                     |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
| **AVERAGE                OUTSTANDING SHARES**            |                                                                                                 |                                                                                                           |                                                                                   |                                                                                   |                                                                                      |
| Basic                                                    | **2,285,000**                                                                                        | **1,295,000**                                                                                                  | **2,120,912**                                                                          | **1,295,000**                                                                          |                                                                                      |

----

**STANDARD      CAPITAL CORPORATION**

**STATEMENTS      OF CASH FLOWS**

|                                                                                                                | **For                the Six****Months****Ended****February                28,****2006** | **For                the Six****Months****Ended****February                28,****2005** | **Date                of Inception****To****February                28,****2006** |
|---------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|
| **CASH                FLOWS FROM****OPERATING                ACTIVITIES:**                                          |                                                                                     |                                                                                     |                                                                              |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| Net                loss                                                                                             | **$                (26,960)**                                                            | **$                (8,849)**                                                             | **$                (132,349)**                                                    |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| Adjustments                to reconcile net loss to net  cash                provided by operating activities: |                                                                                     |                                                                                     |                                                                              |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| Changes                in assets and liabilities:                                                                   |                                                                                     |                                                                                     |                                                                              |
| Accounts                payable                                                                                     | **(18,725)**                                                                             | **6,712**                                                                                | **25,914**                                                                        |
| Accounts                payable - related  party                                                               | **2,568**                                                                                | **70**                                                                                   | **30,971**                                                                        |
| Capital                contributions - expenses                                                                     | **2,100**                                                                                | **2,100**                                                                                | **31,500**** **** **                                                    |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| Net                Cash (Deficiency) from Operations                                                                |  ** ****(41,017)**                                                             |  **33**                                                                             |  ** ****(43,964)**                                                      |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| **CASH                FLOWS FROM****FINANCING                ACTIVITIES:**                                          |                                                                                     |                                                                                     |                                                                              |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| Proceeds                from issuance of common                stock                                                |  **49,500**                                                                         |  **-**                                                                              |  **52.550**                                                                  |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
|                                                                                                                | **49,500**                                                                               | **-**                                                                                    | ** ****52,550**                                                              |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| Net                increase in Cash                                                                                 | **8,483**                                                                                | **33**                                                                                   | **8,586**                                                                         |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| Cash                at Beginning of Period                                                                          | **103**                                                                                  | **68**                                                                                   | **-**** **                                                                   |
|                                                                                                                |                                                                                     |                                                                                     |                                                                              |
| **CASH                AT END OF PERIOD**                                                                            | **$****8,586**                                                                           | **$****101**                                                                             | **$****8,586**                                                                    |

----

**STANDARD      CAPITAL CORPORATION**

**(Pre-Exploration      Stage Company)**

**STATEMENT      OF CHANGES IN STOCKHOLDERS' EQUITY**

**For      the Period from September 24, 1998 (Date of Inception) to February 28,      2006**

|                                                                                                       |          Common    Shares        |  Stock    Amount                                                         | Capital                in Excess                of Par                Value                     |  Accumulated Deficit                                                                               |
|------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------|
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| **Balance                September 24, 1998**                (date of inception)                           |             -                         |     $         -                  |     $                        -      |     $         -                             |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Issuance                of common shares for cash at $0.001                - January 11, 1999              |         1,000,000                                         |            1,000                           |                             -       |              -                              |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Issuance                of common shares for cash at $0.001                - February 19, 1999             |                           100,000               |            100                             |             -                       |                                 - |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Issuance                of common shares for cash at $0.01                - February 15, 1999              |                           195,000               |            195                             |                            1,755         |                             -                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Capital                contributions - expenses                                                            |             -                         |             -                         |                           4,200               |                                                                                                         |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Net                operating loss for the period from September                24, 1998 to August 31, 1999 |             -                         |             -                         |                            -             |                           (12,976)                         |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Capital                contributions - expenses                                                            |             -     |             -     |                            4,200         |             -                                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Net                operating loss for the year ended August                31, 2000                        |             -                         |             -                         |             -                       |                          (12,392)                               |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Capital                contributions - expenses                                                            |             -                         |             -                         |                           4,200               |             -                                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Net                operating loss for the year ended August                31, 2001                        |             -                         |             -                         |            -                             |         (13,015)                                                     |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Capital                contributions - expenses                                                            |             -                         |             -     |         4,200                                           |             -                                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Net                operating loss for the year ended August                31, 2002                        |             -                         |             -                         |             -                       |         (13,502)                                                     |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Capital                contributions                                                   |             -                         |             -                         |         4,200                                           |             -                                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Net                operating loss for the year ended August                31, 2003                        |             -                         |             -                         |             -                       |         (16,219)                                                     |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Capital                contributions                                                                       |             -     |             -                         |         4,200                                           |             -                                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Net                operating loss for the year ended August                31, 2004                        |             -                         |             -                         |             -                       |         (24,180)                                                     |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Capital                contributions                                                                       |             -                         |             -                         |         4,200                                           |             -                                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Net                operating loss for the year ended August                31, 2005                        |             -                         |             -                         |             -                       |         (13,105)                                                     |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Issuance                of common shares for cash                at $0.05 - September 30, 2005             |         990,000                                           |            990                             |         48,510                                          |             -                                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Capital                contributions                                                   |             -                         |             -                         |         2,100                                           |             -                                    |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Net                operating loss for the period ended February                28, 2006                    |                              -   |                              -   |                              - |                          (26,960)                               |
|                                                                                                       |                                                                                              |                                                                                              |                                                                                            |                                                                                                         |
| Balance                as at February 28, 2006                                                             |          2,285,000                                   |         $                2,285                            |         $                81,765                         |         $                (132,349)                                   |

----

**STANDARD      CAPITAL CORPORATION**

**NOTES      TO FINANCIAL STATEMENTS**

**1.**
**ORGANIZATION**

**2.**
**SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES**

|   |   |
|--------|--------|

|   | Statement                of Cash Flows |
|--------|----------------------------------------|

|   | For                the purposes of the statement of cash flows, the Company considers                all                highly liquid investments with a maturity of three months or less                to be                cash equivalents. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**STANDARD      CAPITAL CORPORATION**

**NOTES      TO FINANCIAL STATEMENTS**

**2.**
**SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES - Continued**

|   | Basic                and Diluted Net Income (loss) Per                Share |
|--------|-----------------------------------------------------------------------------|

|   | Basic                net income (loss) per share amounts is computed based on the weighted                average number of shares actually outstanding. Diluted net income                (loss)                per share amounts are computed using the weighted average number                of common                and common equivalent shares outstanding as if shares had been issued                on                the exercise of the common share rights unless the exercise becomes                antidulutive and then only the basic per share amounts are shown                in the                report. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Environmental                Requirements |
|--------|-------------------------------------------|

|   | At                the report date environmental requirements related to the mineral                claim                acquired are unknown and therefore any estimate of any future cost                cannot                be made. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**STANDARD      CAPITAL CORPORATION**

**NOTES      TO FINANCIAL STATEMENTS**

**2.**
**SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES - Continued**

**3.**
**AQUISITION      OF MINERAL CLAIM**

|   | The                Company acquired one 18 unit metric claim known as the Standard claim                situated within the Bridge River gold camp near the town of Gold                Bridge,                160 kilometres north of Vancouver, British Columbia, with an expiration                date of February 23, 2007. The claims may be extended for one year                by the                payment of $3,780 Cdn or the completion of work on the property of                $3,600                Cdn. Plus a filing fee of $180 Cdn. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**4.**
**SIGNIFICANT      TRANSACTIONS WITH RELATED PARTY**

**5.**
**STOCK      OPTION PLAN**

**6.**
**CAPITAL      STOCK**

**7.**
**GOING      CONCERN**

----

**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR **

**PLAN      OF OPERATIONS**

----

**Risks      Associated with Standard: **

| **1.  ** | **Because                Standard’s auditors have issued a going concern opinion and because its                officers and directors will not loan any money to it, Standard may                not be                able to achieve its objectives and may have to suspend or cease                exploration activity**. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **2.  ** | **Because                the probability of an individual prospect ever having reserves is                extremely remote, in all probability the Standard claim does not                contain                any reserves, and any funds spent on exploration will be lost.** |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **3.  ** | **Standard                lacks an operating history and has losses which it expects to continue                into the future. As a result, Standard may have to suspend or cease                exploration activity or cease operations.** |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | *                  | Its                ability to locate a profitable mineral property |
|--------|-------------------------|--------------------------------------------------------------------|
|   | *                  | Its                ability to locate an economic ore reserve  |
|   | *                  | Its                ability to generate revenues               |
|   | *                  | Its                ability to reduce exploration costs.       |

----

| **4.  ** | **Because                Standard’s officers and directors do not have technical training or                experience in starting, and operating an exploration company nor                in                managing a public company, it will have to hire qualified personnel                to                fulfill these functions. If Standard lacks funds to retain such personnel,                or cannot locate qualified personnel, it may have to suspend or cease                exploration activity or cease operations which will result in the                loss of                its shareholders’ investment.** |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **5.  ** | **The                Standard claim has no known ore reserves. Without ore reserves Standard                cannot generate income and if it cannot generate income it will have                to                cease exploration activity which will result in the loss of its                shareholders’ investment.** |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*** ***
*** ***
*** ***

| **6.  ** | **Because                Standard is small and does not have much capital, it must limit its                exploration and as a result may not find an ore body.** **Without                an ore body, Standard cannot generate revenues and its shareholders                will                lose their investment.** |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|        | ●       | Costs                of bringing the property into production including exploration work,                preparation of production feasibility studies, and construction of                production facilities;  |
|--------|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | ●  | Availability                and costs of financing,                                                                                                                                                                |
|   | ●       | Ongoing                costs of production,                                                                                                                                                                        |
|   | ●       | Market                prices for the minerals to be produced,                                                                                                                                                      |
|   | ●       | Environmental                compliance regulations and restraints; and                                                                                                                                            |
|   | ●       | Political                climate and/or governmental regulation and control.                                                                                                                                       |

----

| **7.  ** | **Standard                may not have access to all of the supplies and materials it needs                to begin                exploration which could cause it to delay or suspend exploration                activity.** |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **8.  ** | **Because                Standard’s officers and directors have other outside business activities                and may not be in a position to devote a majority of their time to                Standard’s exploration activity, its exploration activity may be sporadic                which may result in periodic interruptions or suspensions of                exploration**. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**9**
*.      *
**Title      to the Standard Claim is registered in the name of another person. Failure      of      the Company to obtain good title to the claim will result in Standard having      to      cease operations. **

|   | **10.                A material risk of Standard may be the lack of timely reporting to                the                SEC.** |
|--------|----------------------------------------------------------------------------------------------------------------------------------|

----

**11.      Because Standard may be unable to meet property maintenance requirements or      acquire necessary mining licenses, it may lose its interest in the Standard      Claim. **

**12.      Because mineral exploration and development activities are inherently risky,      Standard may be exposed to environmental liabilities. If such an event were      to      occur it may result in a loss of its shareholders’ investment.**

**13.      No matter how much money is spent on the Standard Claim, the risk is that      Standard might never identify a commercially viable ore reserve.**

**14.      Even with positive results during exploration, the Standard claim might never      be      put into commercial production due to inadequate tonnage, low metal prices      or      high extraction costs. **

----

**15.      Because Standard has not put a mineral deposit into production before, it will      have to acquire outside expertise. If it is unable to acquire such expertise      it      may be unable to put its property into production and its shareholders may      lose      their investment. **

*** ***

**16.      Without a public market there is no liquidity for Standard’s shares and its      shareholders may never be able to sell their shares which would result in a      total loss of their investment. **

|      |  ● | It                will have to be sponsored by a participating market maker who will                file a                Form 211                on its behalf since it will not have direct access to the NASD personnel;                and                 |
|--------------------------|---------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|      |  ● | Standard                will not be quoted on the OTCBB unless it is current in its periodic                reports; being at a minimum Forms 10KSB and 10QSB, filed with the                SEC                orother                regulatory authorities. |

| **17.** | **Even                if a market develops for Standard’s shares its shares may be thinly                traded, with wide share price fluctuations, low share prices and                minimal                liquidity.** |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|           |  ● | Potential                investors’ anticipated feeling regarding our results of                operations; |
|--------------------------|---------------|-------------------------------------------------------------------------------------------------------------------|
|      |  ● | Increased                competition and/or variations in mineral prices;                                         |
|      |  ● | Standard’s                ability or inability to generate future revenues; and                             |
|      |  ● | Market                perception of the future of the mineral exploration                industry.                |

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**18.      Standard anticipates the need to sell additional treasury shares in the future      meaning that there will be a dilution to its existing shareholders resulting      in      their percentage ownership in Standard being reduced      accordingly.**

**19.      Because Standard’s securities are subject to penny stock rules, its shareholders      may have difficulty reselling their shares. **

**PART      11 - OTHER INFORMATION**

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| Source                of Disbursement              | Ref.   | Amount                        |
|----------------------------------------------------|--------|-------------------------------|
|                                               |   |                          |
| Independent                accountants             | (i)    | $                11,445       |
| Consulting                - preparation of SB-2    | (ii)   | 10,000                        |
| Directors                reimbursement of expenses | (iii)  | 540                           |
| Exploration                expenses                | (iv)   | 3,761                         |
| Filing                fees and franchise tax       | (v)    | 85                            |
| Office                expenses                     | (vi)   | 358                           |
| Office                expenses - accounts payable  | (vii)  | 681                           |
| Transfer                agent - accounts payable   | (viii) | 4,000                         |
| Travel                expenses                     | (ix)   | 992                           |
| Prior                exploration - account payable | (x)    | 2,605                         |
| Transfer                agent - current fees       | (xi)   | 622                           |
| Other                accounts payable payments     | (xii)  | 3,158                         |
| Legal                fees                          | (xiii) | 2,500                         |
| Bank                charges and expenses           |   | 167                           |
| Cash                on hand - February 28, 2006    |   | 8,586                         |
| Total                amount raised                 |   | $                49,500  |
|                                               |   |                          |

| (i) | Payment                to Madsen & Associate CPA’s Inc. for outstanding balance as at August                31, 2005, plus payment for November 30, 2005 review                engagement. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii) | Directors’                approved the use of a consultant to prepare and submit a registration                statement for filing with the Securities and Exchange                Commission. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iv) | Advance                of $3,261 made to allow exploration work on the Standard claim in                early                November. The exploration work has been completed and filed with                the                Ministry of Energy and Mines. An additional $500 was paid for the                transfer                of the Standard claims into a director’s name for the convenience of the                Company. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (v) | Franchise                tax of $75 plus miscellaneous filing                fees. |
|-----|------------------------------------------------------------------------------------|

| (viii) | Standard                negotiated with Nevada Agency & Trust Company to settle their                outstanding account for the total consideration of $4,000. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (x) | Certain                exploration expenses incurred in past years had not been settled                in full                and therefore were paid from the proceeds of the Offering                Memorandum. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (xi) | An                invoice in the amount of $622 was received from the transfer agent                for the                issuance of shares subscribed for under the Offering Memorandum dated                September 5, 2005 and for several copies of the shareholders’                report. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (xiii) | Standard                engaged the services of Conrad C. Lysiak, attorney at law, to given                a                legal opinion to be included in the Form SB-2 filed with the Securities                and Exchange Commission on November 10,                2005. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The                appointment of Madsen & Associates, CPA’s Inc. as the Company’s                independent accountants for the year ended August 31,                2006. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 1.1 | Certificate                of Incorporation (incorporated by reference from Standard’s Registration                Statement on Form 10-SB filed on December 6,                1999) |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.2 | Articles                of Incorporation (incorporated by reference from Standard’s Registration                Statement on Form 10-SB filed on December 6,                1999) |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.3 | By-laws                (incorporated by reference from Standard’s Registration Statement on Form                10-SB filed on December 6, 1999) |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| 99.1 | Certification                of the Chief Executive Officer Pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002 |
|------|--------------------------------------------------------------------------------------------------------------------------------------|

| 99.2 | Certificate                Pursuant to 18 U.S.C Section 1350 signed by the Chief Executive                Officer |
|------|-------------------------------------------------------------------------------------------------------------------|

| 99.3 | Certification                of the Chief Financial Officer Pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002 |
|------|--------------------------------------------------------------------------------------------------------------------------------------|

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