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
                          For  the  quarterly  period  ended     Nov  30,  2005
                                                                 --------------

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

                           For  the  transition  period  from           to

                           Commission  File  number          0-25707
                                                             -------

                    STANDARD  CAPITAL  CORPORATION
                    ------------------------------
   (Exact name of small business issuer as specified in its  charter)

          Delaware                                       91-1949078
          --------                                   --------------
(State  or  other  jurisdiction  of                 (I.R.S.  Employer
 incorporation or  organization)                   Identification  No.)


      2429  -  128th  Street, Surrey, British Columbia, Canada, V4A 3W2
      -----------------------------------------------------------------
             (Address  of  principal  executive  offices)

                         1  -  604  -  538-4898
                         ----------------------
                     (Issuer's  telephone  number)

                                 n/a
                                 ---
     (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 Exchange Act during the past 12 months (or for such shorter
period  that the registrant was required to file such reports), and (2) has been
subject  to  such  filing  requirements  for  the  past  90  days.  Yes  [X]  No

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PROCEDING FIVE YEARS

Check  whether  the  registrant  filed  all documents and reports required to be
filed  by  Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities  under  a  plan  confirmed  by  a  court.  Yes  No

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity,  as  of  the  latest  practicable  date:

November  30,  2005:     2,285,000  common  shares

Transitional  Small  Business Disclosure format (Check one):   Yes [   ]  No [X]


                                      -1-
<PAGE>







                                      INDEX

<TABLE>
<CAPTION>




                                                                               PAGE
                                                                              NUMBER
                                                                              -------
<S>                                                                   <C>
PART 1.. . . . FINANCIAL INFORMATION

     ITEM 1..  Financial Statements (unaudited)

               Balance Sheet as at November 30, 2005 and August 31, 2005.        4

               Statement of Operations
                  For the three months ended November 30, 2005  and  2004
                  and for the period September 24, 1998 (Date of
                  Inception) to November 30, 2005 . . . . . . . .                5

               Statement of Cash Flows
                  For the three months ended November 30, 2005 and 2004
                  and for the period September 24, 1998 (Date of
                  Inception) to November 30, 2005 . . . . . . . . . .            6

               Statement of Changes in Stockholders' Equity
                  For the period from September 24, 1998 (Date of
                  Inception) to November 30, 2005 . . . . . . . . . .            7

               Notes to the Financial Statements.                                8

     ITEM 2..  Management's Discussion and Analysis or Plan of Operations        11

     ITEM 3.. .Controls and Procedures

PART 11. . . . OTHER INFORMATION

     ITEM 1..  Legal Proceedings                                                 17

     ITEM 2..  Changes in Securities                                             17

    .ITEM 3    Defaults Upon Senior Securities                                   18

     ITEM 4..  Submission of Matters to a Vote of Security Holders               18

     ITEM 5..  Other Information                                                 19

     ITEM 6..  Exhibits and Reports on Form 8-K                                  19

               SIGNATURES.. . .                                                  21



</TABLE>


                                      -2-
<PAGE>






                         PART 1 - FINANCIAL INFORMATION


                         ITEM 1.   FINANCIAL STATEMENTS



The  accompanying  balance  sheet  of  Standard  Capital  Corporation  (a
pre-exploration stage company) at November 30, 2005 (with comparative figures as
at  August  31, 2005) and the statement of operations for the three months ended
November  30, 2005 and 2004 and the statement of cash flows for the three months
ended  November  30,  2005  and  2004 and for the period from September 24, 1998
(date of incorporation) to November 30, 2005 have been prepared by the Company's
management  in  conformity  with accounting principles generally accepted in the
United  States  of  America.  In  the  opinion  of  management,  all adjustments
considered  necessary  for  a fair presentation of the results of operations and
financial  position  have been included and all such adjustments are of a normal
recurring  nature.

Operating  results  for the quarter ended November 30, 2005, are not necessarily
indicative  of  the  results that can be expected for the year ending August 31,
2006.


                                      -3-
<PAGE>









                          STANDARD CAPITAL CORPORATION
                        (A Pre-exploration Stage Company)

                                 BALANCE  SHEETS

                                November 30, 2005
                  (with comparative figures at August 31, 2005)

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>




                                                                         NOVEMBER 30    AUGUST 31
                                                                            2005           2005
                                                                        -------------  ------------
<S>                                                                     <C>            <C>
ASSETS

CURRENT ASSETS

     Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $     11,130   $       103
                                                                        -------------  ------------

                                                                        $     11,130   $       103
                                                                        =============  ============

LIABILITIES

      Accounts payable - related party . . . . . . . . . . . . . . . .  $     31,192        28,403
      Accounts payable and accrued liabilities . . . . . . . . . . . .        24,914        44,639
                                                                        -------------  ------------
                                                                              56,106        73,042
                                                                        -------------  ------------

STOCKHOLDERS' 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. . . . . . . . . . . . . . . . . .        80,715        31,155

     Deficit accumulated during the pre-exploration stage. . . . . . .      (127,976)     (105,389)
                                                                        -------------  ------------

           Total Stockholders' Deficiency         . . . . . . . . . .        (44,976)      (72,939)
                                                                        -------------  ------------

                                                                        $     11,130   $       103
                                                                        =============  ============
</TABLE>






     The accompanying notes are an integral part of these unaudited financial
                                   statements.


                                      -4-
<PAGE>





                          STANDARD CAPITAL CORPORATION
                        (A Pre-exploration Stage Company)

                            STATEMENTS OF OPERATIONS
   For the three months ended November 30, 2005 and 2004 and for the period from
           September 24, 1998 (Date of Inception) to November 30, 2005
                     (Unaudited  -  Prepared by Management)

<TABLE>
<CAPTION>




                                           FOR THE         FOR THE           DATE OF
                                        THREE MONTHS     THREE MONTHS     INCEPTION TO
                                            ENDED           ENDED          NOVEMBER 30,
                                         NOV 30, 2005    NOV 30, 2004          2005
                                     -----------------  --------------   ---------------
<S>                                    <C>              <C>             <C>
SALES . . . . . . . . . . . . . . . .  $             -  $           -   $             -
                                       ---------------  --------------  ---------------

GENERAL AND ADMINISTRATIVE  EXPENSES:

     Accounting and audit . . . . . .            1,245          1,250           39,195
     Annual General Meeting costs . .              679              -            2,230
     Bank charges and interest. . . .              143             18            1,744
     Consulting fees. . . . . . . . .           10,000              -           12,500
     Edgar filing fees. . . . . . . .              250            250            6,429
     Filing fees. . . . . . . . . . .               12              -              675
     Geological report. . . . . . . .                -              -            2,780
     Incorporation costs. . . . . . .                -              -              255
     Legal fees . . . . . . . . . . .            2,500              -            2,987
     Management fees. . . . . . . . .              600            600           17,400
     Miscellaneous. . . . . . . . . .                -              -            1,600
     Office expenses. . . . . . . . .              784              -            2,362
     Rent . . . . . . . . . . . . . .              300            300            8,700
     Staking  and exploration costs .            3,100              -           12,956
     Telephone. . . . . . . . . . . .              150            150            4,350
     Transfer agent's fees. . . . . .              622            307            7,152
     Travel and entertainment . . . .            2,202              -            4,661
                                       ---------------  --------------  ---------------

NET LOSS. . . . . . . . . . . . . . .  $        22,587  $      (2,875)  $     (127,976)
                                       ===============  ==============  ===============

NET LOSS PER COMMON SHARE
     Basic. . . . . . . . . . . . . .  $          0.01  $           -
                                       ===============  ==============

AVERAGE OUTSTANDING SHARES
     Basic. . . . . . . . . . . . . .        1,958,626      1,295,000
                                       ===============  ==============
</TABLE>




     The accompanying notes are an integral part of these unaudited financial
                                   statements.


                                      -5-
<PAGE>



                          STANDARD CAPITAL CORPORATION
                        (A Pre-exploration Stage Company)

                            STATEMENTS OF CASH FLOWS

   For the three months ended November 30, 2005 and 2004 and for the period from
           September 24, 1998 (Date of Inception) to November 30, 2005

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>




                                             FOR THE THREE    FOR THE THREE       DATE OF
                                                MONTHS           MONTHS          INCEPTION
                                                 ENDED            ENDED             TO
                                             NOVEMBER 30,     NOVEMBER 30,      NOVEMBER 30,
                                                 2005             2004              2005
                                            ---------------  ---------------  --------------
<S>                                         <C>              <C>              <C>
CASH FLOWS FROM
     OPERATING ACTIVITIES:

     Net loss. . . . . . . . . . . . . . .  $     (22,587)   $     (2,875)    $   (127,976)

     Adjustments to reconcile net loss to
          net cash provided by
          operating activities:

    Changes in assets and liabilities:
          Accounts payable . . . . . . . .        (19,725)          1,807          24,914
          Accounts payable - related party          2,789               -          31,192
          Capital contributions - expenses          1,050           1,050          30,450
                                            -------------    ------------  ---------------

               Net Cash from Operations. .        (38,473)            (18)        (41,420)
                                             -------------    ------------  --------------

CASH FLOWS FROM
      FINANCING ACTIVITIES:

          Proceeds from issuance of
               common stock. . . . . . . .         49,500               -          52.550
                                            -------------   -------------  ---------------

                                                   49,500               -          52,550
                                            -------------  --------------   --------------

     Net (decrease) increase in Cash . . .         11,027             (18)         11,130

     Cash at Beginning of Period . . . . .            103              68               -
                                            -------------   -------------   --------------

     CASH AT END OF PERIOD . . . . . . . .  $      11,130    $         50    $     11,130
                                            =============   =============  ==============
</TABLE>








     The accompanying notes are an integral part of these unaudited financial
                                   statements


                                      -6-
<PAGE>



                          STANDARD CAPITAL CORPORATION
                         (PRE-EXPLORATION STAGE COMPANY)
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
 FOR THE PERIOD FROM SEPTEMBER 24, 1998 (DATE OF INCEPTION) TO NOVEMBER 30, 2005
                      (Unaudited - Prepared by Management)
<TABLE>
<CAPTION>




                                                                Capital in
                                              Common     Stock   Excess of    Accumulated
                                              Shares    Amount   Par Value      Deficit
                                            ----------  -------  ----------  -------------
<S>                                         <C>         <C>      <C>         <C>
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. . . . . . . . . . .           -        -       1,050             -

Net operating loss for the period ended
     November 30, 2005 . . . . . . . . . .           -        -           -       (22,587)
                                            ----------  -------  ----------  -------------

Balance as at November 30, 2005. . . . . .   2,285,000  $ 2,285  $   80,715  $   (127,976)
                                            ==========  =======  ==========  =============
</TABLE>

                    The accompanying notes are an integral part of
                         these unaudited financial statements


                                      -7-
<PAGE>



                          STANDARD CAPITAL CORPORATION
                        (A Pre-exploration Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                November 30, 2005
                      (Unaudited - Prepared by Management)

1.     ORGANIZATION

     The  Company  was  incorporated  under the laws of the State of Delaware on
     September 24, 1998 with the authorized common stock of 25,000,000 shares at
     $0.001  par  value.

     The  Company  was  organized  for  the  purpose of acquiring and developing
     mineral  properties.  At  the  report  date  mineral  claims,  with unknown
     reserves,  had been acquired. The Company has not established the existence
     of  a  commercially  minable  ore deposit and therefore has not reached the
     development stage and is considered to be in the pre-exploration stage (see
     note  3).

     The  shareholders, at the Annual General Meeting held on February 20, 2004,
     approved  an  amendment  to  the  Certificate  of Incorporation whereby the
     authorized  share capital of the Company would be increased from 25,000,000
     common  shares  with  a par value of $0.001 per share to 200,000,000 common
     shares  with  a  par  value  of  $0.001  per  share.

     The  Company has completed one Regulation D offering of 1,295,000 shares of
     its  capital  stock  for  $3,050. In addition, the Company has completed an
     Offering  Memorandum whereby 990,000 common shares were subscribed for at a
     price  of  $0.05  per  share  for  $49,500.

2.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

     Accounting  Methods
     -------------------

     The  Company  recognizes income and expenses based on the accrual method of
     accounting.

     Dividend  Policy
     ----------------

     The  Company  has  not yet adopted a policy regarding payment of dividends.

     Income  Taxes
     -------------

     The  Company  utilizes the liability method of accounting for income taxes.
     Under  the  liability  method  deferred  tax  assets  and  liabilities  are
     determined  based  on  differences  between financial reporting and the tax
     bases  of the assets and liabilities and are measured using the enacted tax
     rates and laws that will be in effect, when the differences are expected to
     be  reversed. An allowance against deferred tax assets is recorded, when it
     is  more  likely  than  not,  that  such tax benefits will not be realized.

     On November 30, 2005, the Company had a net operating loss carry forward of
     $127,976.  The  tax benefit of $38,392 from the loss carry forward has been
     fully  offset  by  a  valuation  reserve  because the use of the future tax
     benefit  is  doubtful  since  the Company has no operations. The loss carry
     forward  will  expire  starting  in  2014  through  2025.

     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.


                                      -8-
<PAGE>



                          STANDARD CAPITAL CORPORATION
                        (A Pre-exploration Stage Company)
                        NOTES  TO  FINANCIAL  STATEMENTS
                                November 30, 2005
                      (Unaudited - Prepared by Management)

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.

     Unproven  Mining  Claim  Costs
     ------------------------------

     Cost  of  acquisition,  exploration,  carrying  and  retaining  unproven
     properties  are  expensed  as  incurred.

     Revenue  Recognition
     --------------------

     Revenue is recognized on the sale and delivery of product or the completion
     of  services.

     Advertising  and  Market  Development
     -------------------------------------

     The  company expenses advertising and market development costs as incurred.

     Financial  and  Concentration  Risk
     -----------------------------------

     The  Company  does  not  have any concentration or related financial credit
     risk.

     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.

     Estimates  and  Assumptions
     ---------------------------

     Management uses estimates and assumptions in preparing financial statements
     in  accordance  with accounting principles generally accepted in the United
     States  of  America.  Those  estimates  and assumptions affect the reported
     amounts  of the assets and liabilities, the disclosure of contingent assets
     and  liabilities,  and  the  reported revenues and expenses. Actual results
     could  vary  from  the  estimates  that  were  assumed  in  preparing these
     financial  statements.

     Financial  Instruments
     ----------------------

     The  carrying  value  of financial instruments, including cash and accounts
     payable,  are  considered  by  management to be their estimated fair value
     due to their short term maturities.

                                      -9-
<PAGE>



                          STANDARD CAPITAL CORPORATION
                        (A Pre-exploration Stage Company)
                        NOTES  TO  FINANCIAL  STATEMENTS
                                November 30, 2005
                      (Unaudited - Prepared by Management)

2.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  -  CONTINUED

     Recent  Accounting  Pronouncements
     ----------------------------------

     The  Company  does  not expect that the adoption of other recent accounting
     pronouncements  will  have  a  material impact on its financial statements.

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, 2006. 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

     On  September 3, 2005, officers-directors and their family had acquired 21%
     of the common capital stock issued, and have made no interest, demand loans
     of  $31,192,  and have made contributions to capital of $30,450 in the form
     of  expenses  paid  for  the  Company.

5.     STOCK  OPTION  PLAN

     At  the  Annual General Meeting held on February 20, 2004, the shareholders
     approved  a  Stock  Option Plan (the "Plan") whereby a maximum of 5,000,000
     common  shares  were  authorized  but  unissued to be granted to directors,
     officers,  consultants and non-employees who assisted in the development of
     the  Company.  The  value of the stock options to be granted under the Plan
     will  be  determined  on the fair market value of the Company's shares when
     they  are  listed  on  any  established stock exchange or a national market
     system at the closing price as at the date of granting the option. No stock
     options  have  been  granted  under  this  Plan.

6.     CAPITAL  STOCK

     During October and November 2005, the Company completed a private placement
     offering  of  990,000  common  shares  for  cash  of  $49,500.

7.     GOING  CONCERN

     The Company will need additional working capital to service its debt and to
     develop  the  mineral claims acquired, which raises substantial doubt about
     its  ability to continue as a going concern. Continuation of the Company as
     a  going  concern  is dependent on obtaining additional working capital and
     the  management  of the Company has developed a strategy, which it believes
     will  accomplish this objective through additional equity funding (Note 6),
     and  long term financing, will enable the Company to operate for the coming
     year.


                                      -10-
<PAGE>



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

The  following  discussion  should  be  read in conjunction with the information
contained  in  the  financial  statements  of  Standard  Capital  Corporation
("Standard")  and  the  notes  which  form  an  integral  part  of the financial
statements  which  are  attached  hereto.

The  financial  statements mentioned above have been prepared in conformity with
accounting principles generally accepted in the United States of America and are
stated  in  United  States  dollars.

Standard  presently  has  minimal  day-to-day  operations; mainly comprising the
maintaining  of  the  Standard  claim  in  good  standing on an annual basis and
preparing  the various reports to be filed with the United States Securities and
Exchange  Commission  (the  "SEC")  as  required.

LIQUIDITY  AND  CAPITAL  RESOURCES

Standard  has  had  no  revenue  since  inception and its accumulated deficit is
$127,976.  To date, the growth of Standard has been funded by the sale of shares
and  advances  by  its director in order to meet the requirements of filing with
the  SEC  and  maintaining  the  Standard  claim  in  good  standing.

The  plan  of  operations  during the next twelve months will be to maintain the
Standard  claim  in good standing with the Province of British Columbia and meet
its  filing  requirements.   Presently  Standard  does  not  have  the  funds to
consider  any additional mineral claims.   Management is considering the raising
of  additional  funds through the sale of shares but no decision as to the price
and  number  of  shares  to  be  issued  has  been  decided  upon.

Management  estimates  that  a minimum of $14,315 will be required over the next
twelve  months  to  pay  for  such  expenses  as  bookkeeping ($3,450), auditing
($3,585), Edgar fees ($1,500), filing fees to maintain Standard in good standing
with  the  State  of  Delaware  and  payment  to  Standard's  registrant ($280),
exploration  activities on the Standard claim ($3,300), office and miscellaneous
($500),  annual  general meeting mail costs, holding of meeting, etc. ($500) and
payments  to  the  transfer  agent  ($1,200).  The  above  noted figure does not
include  amounts  owed  to  third party creditors in the amount of $24,914 as at
November  30,  2005.  The amount required to cover total operating costs for the
next twelve months and to settle all the outstanding amounts owed to third party
creditors  would  be  $24,914.  At present Standard does not have these funds to
pay  for  future  expenses and eliminate accounts payable and therefore would be
required  to  either sell shares in its capital stock or obtain further advances
from  its director.  Standard's future operations and growth is dependent on its
ability  to  raise  capital  for  expansion  and  to  seek  revenue  sources.

RESULTS  OF  OPERATIONS

The  Standard  claim

The  Standard  claim  is  located in the Bridge River gold camp near the town of
Gold  Bridge, 160 kilometres north of Vancouver, British Columbia.  The Standard
claim  has  had  sufficient  work and cash expended on it to maintain it in good
standing  with  the  Ministry  of  Energy  and  Mines  until  February 23, 2006.
Standard  has undertaken work on the Standard claim sufficient to maintain it in
good standing until February 23, 2007 but has not yet filed the information with
the  Ministry  of  Energy and Mines for the Province of British Columbia.   This
will  be  done  in  the  early  part  of  2006.

Historical  summary  of  the  Standard  claim

The  Standard  claim was located and staked on January 24, 1999 by the four post
staking  method  and,  as  mentioned above, is presently in good standing.  This
mineral  claim  consists  of 18 units totaling 450 hectares with an area 2 miles
south  by  1  mile  west.


                                      -11-
<PAGE>



The  Legal Corner Post is located approximately 2 miles southeast of the Village
of  Bralorne  and  on the north side of Fergusson Creek.  Access to the Standard
claim is by snowmobile part way up the Fergusson Creek access trail to the 5,800
feet  elevation  and  approximately  1  mile  up  Fergusson  Creek.

The  claim  boundary  is  characterized  by  extreme  topographical  conditions.
Sub-alpine  scrub  alder and hemlock trees grow at the creek elevations and rock
outcropping  exposure  is  good  along  peaks and ridges in the east half of the
canyon.  The  winters  are  cold  with generally high snowfall accumulations and
summers  are  hot  and  dry.

Standard  has  undertaken  no  product research and development since inception.
Management  has  no plans to purchase or sell any plant or significant equipment
in  the foreseeable future.  In addition, Standard does not expect a significant
change  in  the  number  of  employees.

There are certain risk factors regarding Standard's operation which might affect
the  outcome  of  its  ability  to  operate  in  the  future.  An  investment in
Standard's  securities  involves  an  exceptionally  high  degree of risk and is
extremely  speculative.  The  following  risk  factors reflect the potential and
substantial  material  risks  which  could be involved if you decide to purchase
shares  in  Standard.

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.

     Standard's  auditors'  report on its 2005 financial statements expressed an
     opinion  that  substantial doubt exists as to whether Standard can continue
     as an ongoing business for the next twelve months. Because its officers and
     directors are unwilling to loan or advance capital to it, Standard believes
     that  if  it  does  not  raise  additional  capital through the issuance of
     treasury  shares,  Standard  will be unable to conduct exploration activity
     and  may  have  to  cease  operations  and  go  out  of  business.

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.

     Because  the  probability of an individual prospect ever having reserves is
     extremely  remote,  in  all  probability  Standard's property, the Standard
     claim,  does  not  contain any reserves, and any funds spent on exploration
     will  be  lost.  If Standard cannot raise further funds as a result, it may
     have to suspend or cease operations entirely which would result in the loss
     of  the  investment  by  its  shareholders.

3.   STANDARD  LACK  AN  OPERATING  HISTORY  AND HAVE LOSSES WHICH IT EXPECTS TO
     CONTINUE  INTO  THE  FUTURE.  AS  A RESULT, STANDARD MAY HAVE TO SUSPEND OR
     CEASE  EXPLORATION  ACTIVITY  OR  CEASE  OPERATIONS.

     Standard  was  incorporated  in 1998 and its limited exploration activities
     have  not  generated any revenues. Standard has an insufficient exploration
     history  upon  which  to  properly  evaluate  the  likelihood of its future
     success or failure. Standard's net loss from inception to November 30, 2005
     is $127,976. Its ability to achieve and maintain profitability and positive
     cash  flow  in  the  future  is  dependent  upon

     *     Its  ability  to  locate  a  profitable  mineral  property
     *     Its  ability  to  locate  an  economic  reserve
     *     Its  ability  to  generate  revenues


                                      -12-
<PAGE>



     *     Its  ability  to  reduce  exploration  costs

     Based  upon  current  plans,  Standard expects to incur operating losses in
     future periods. This will happen because there are expenses associated with
     the  research  and  exploration  of  the  Standard  claim.  Standard cannot
     guarantee  it  will  be  successful  in  generating revenues in the future.
     Failure  to  generate  revenues  will  cause  it  to  go  out  of business.
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.

     Because  Standard's officers and directors are inexperienced with exploring
     for  minerals and starting, and operating a mineral exploration company, it
     will  have to hire qualified persons to perform surveying, exploration, and
     excavation of the Standard claim. Standard's officers and directors have no
     direct  training  or  experience  in these areas and as a result may not be
     fully  aware of many of the specific requirements related to working within
     the  industry.  Their  decisions  and  choices  may  not  take into account
     standard  engineering  or  managerial  approaches,  mineral  exploration
     companies commonly use. Consequently its exploration, earnings and ultimate
     financial  success  could  suffer  irreparable  harm  due  to  certain  of
     management's  lack of experience in this industry. Additionally, Standard's
     officers  and  directors  have no direct training or experience in managing
     and  fulfilling  the regulatory reporting obligations of a 'public company'
     like  Standard. Unless its two part time officers are willing to spend more
     time  addressing  these  matters,  it  will  have  to hire professionals to
     undertake these filing requirements for Standard and this will increase the
     overall  cost  of  operations.  As a result Standard may have to suspend or
     cease  exploration  activity,  or  cease  operations altogether, 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 ITS SHAREHOLDERS'
     INVESTMENT.

     The  Standard  claim has no known ore reserves. Even if Standard finds gold
     mineralization  it cannot guarantee that any gold mineralization will be of
     sufficient  quantity  so  as  to warrant recovery. Additionally, even if it
     finds  gold  mineralization  in  sufficient  quantity  to warrant recovery,
     Standard cannot guarantee the ore will be recoverable. Finally, even if any
     gold  mineralization  is  recoverable, it cannot guarantee that this can be
     done  at  a  profit.  Failure  to  locate  gold  deposits  in  economically
     recoverable  quantities  will  mean  Standard  cannot  generate  income. If
     Standard 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 DO 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.

     Any  potential  development  of  and production from Standard's exploration
     property  depends  upon  the  results  of  exploration  programs  and/or
     feasibility studies and the recommendations of duly qualified engineers and
     geologists. Because Standard is small and do not have much capital, it must
     limit  its  exploration  activity  unless  and  until  it  raise additional
     capital.

     Any  decision  to  expand its operations on the Standard claim will involve
     the  consideration and evaluation of several significant factors including,
     but  not  limited  to:

-     Costs of bringing the property into production including exploration work,
      preparation  of  production  feasibility studies, and construction of
      production facilities;


                                      -13-
<PAGE>



-     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.

     Such  programs  will  require  very  substantial  additional funds. Because
     Standard  may  have  to limit its exploration, it may not find an ore body,
     even  though  its property may contain mineralized material. Without an ore
     body,  it  cannot  generate  revenues  and the shareholders will lose their
     investment.

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.

     Competition  and  unforeseen  limited  sources  of supplies in the industry
     could  result  in  occasional spot shortages of supplies, such as dynamite,
     and  certain equipment such as bulldozers and excavators that we might need
     to  conduct  exploration. Standard has not attempted to locate or negotiate
     with  any suppliers of products, equipment or materials. It will attempt to
     locate  products,  equipment  and materials as and when it is able to raise
     the  requisite  capital. If Standard cannot find the products and equipment
     it  needs, it will have to suspend its exploration plans until it does find
     the  products  and  equipment  it  needs.

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.

     Standard's  President  and  CEO,  will  be  devoting  only 15% of his time,
     approximately 15 hours per month, to Standard's operations of its business.
     Standard's Secretary-Treasurer and its other director will be devoting only
     5  to  10  hours  per  month  to  Standard's  operations.  As a consequence
     Standard's  business  may  suffer.  For  example,  because its 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 or may be periodically
     interrupted or suspended. Such suspensions or interruptions may cause us to
     cease  operations  altogether  and  go  out  of  business.

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.

     Title  to the property Standard intends to explore is not held in its name.
     Title  to  the  Standard  Claim is recorded in the name of Edward Skoda, an
     arms-length  mining  consultant.  In  the event Edward Skoda was to grant a
     third  party  a  deed of ownership, by way of Bill Sale Absolute, which was
     subsequently  registered  prior  to our deed, that third party would obtain
     good  title  and  we would have nothing. Similarly, if Edward Skoda were to
     grant  an  option  to  a third party, that party would be able to enter the
     claims,  carry out certain work commitments and earn right and title to the
     claims  and  we  would  have  little recourse against such third party even
     though  we  would  be  harmed, would not own any property and would have to
     cease  operations.  Although we would have recourse against Edward Skoda in
     the  situations  described, there is a question as to whether that recourse
     would  have  specific  value.

10.  A MATERIAL RISK OF STANDARD MAY BE THE LACK OF TIMELY REPORTING TO THE SEC.

     Standard  has,  in  the  past,  consistently  been late in filing its Forms
     10K-SB  and  10Q-SB  with the SEC. It did not file any reports with the SEC


                                      -14-
<PAGE>



     from April 22, 2004 to October 17, 2005 due to the Company having a lack of
     funds  to  pay  its independent auditors. Therefore, it was a late filer as
     defined  under  Rule  12b-25(b)(2)(ii).  With  management  not  devoting
     significant  time  to  the  affairs  of  Standard,  there  is  the  strong
     possibility the lack of timely reporting may be a material risk to Standard
     in  that  its  shares  may be halted on the OTC Bulletin Board, when and if
     they  are  quoted,  either for a period of time or permanently, if Standard
     consistently  files  late. Shareholders should consider whether or not they
     retain  their  shares  in a company where its present management has been a
     late  filer  with  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.

     In order to maintain Standard's interest in the Standard Claim it must make
     an  annual payment and/or expend certain minimum amounts on the exploration
     of  the  mineral  claim.  The  annual  cost  to  maintain the claim in good
     standing is approximately  $3,150.  If  it  fails  to make such payments or
     expenditures  in  a timely fashion, it may lose its interest in the mineral
     claim.  Further,  even if Standard does complete exploration activities, it
     may  not  be  able  to  obtain  the  necessary  licenses  to conduct mining
     operations  on  the  Standard claim, and thus would realize no benefit from
     exploration  activities  on  the  property.

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.

     The  business  of mineral exploration and extraction involves a high degree
     of  risk.  Few  properties  that are explored are ultimately developed into
     production.  At  present,  the Standard claim does not have a known body of
     commercial  ore.  Unusual  or  unexpected  formations, formation pressures,
     fires,  power  outages,  labor disruptions, flooding, explosions, cave-ins,
     landslides  and  the  inability  to  obtain suitable or adequate machinery,
     equipment  or  labor  are other risks involved in extraction operations and
     the  conduct  of  exploration  programs.  Standard does not carry liability
     insurance  with  respect  to  its mineral exploration operations and it may
     become  subject to liability for damage to life and property, environmental
     damage,  cave-ins  or  hazards.  There  are  also  physical  risks  to  the
     exploration  personnel  working  in the rugged terrain of British Columbia,
     often  in  poor climatic conditions. Previous mining exploration activities
     may  have  caused  environmental  damage  to  the Standard Claim. It may be
     difficult  or  impossible  to  assess  the  extent to which such damage was
     caused  by  Standard  or  by the activities of previous operators, in which
     case,  any indemnities and exemptions from liability may be ineffective. If
     the  Standard claim is found to have commercial quantities of ore, it would
     be  subject  to  additional risks respecting any development and production
     activities.  Most  exploration  projects  do not result in the discovery of
     commercially  mineable  deposits  of  ore.

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.

     No  matter  how  much  money is spent over the years on the Standard claim,
     Standard  might  never  be  able to find a commercially viable ore reserve.
     Over  the  coming  years, Standard could spend a great deal of money on the
     Standard  claim  without  finding  anything  of  value.  There  is  a  high
     probability  the  Standard claim does not contain any reserves so any funds
     spent  on  exploration  will  probably  be  lost.

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.

     Standard  might  be  successful,  during  future  exploration  programs, in
     identifying a source of minerals of good grade but not in the quantity, the
     tonnage,  required  to  make commercial production feasible. If the cost of
     extracting  any  minerals  that  might be found on the Standard claim is in
     excess  of  the  selling  price  of  such minerals, we would not be able to
     develop  the Standard claim. Accordingly even if ore reserves were found on


                                      -15-
<PAGE>



     the  Standard claim, without sufficient tonnage Standard would still not be
     able  to economically extract the minerals from the Standard claim in which
     case  it  would have to abandon the Standard claim and seek another mineral
     claim  to  develop,  or  cease  operations  altogether.

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.

     Standard  has  no  experience  in  placing  mineral deposit properties into
     production,  and  our  ability  to  do  so will be dependent upon using the
     services of appropriately experienced personnel or entering into agreements
     with  other major resource companies that can provide such expertise. There
     can  be  no  assurance  that  we  will  have  available to us the necessary
     expertise  when  and  if  we  place  a  mineral  deposit  into  production.

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.

     Standard's common shares are not listed on any exchange or quotation system
     and  do  not have a market maker which results in no market for its shares.
     Therefore, Standard's shareholders will not be able to sell their shares in
     an  organized market place unless they sell their shares privately. If this
     happens,  Standard's shareholders might not receive a price per share which
     they  might  have  received  had  there been a public market for Standard's
     shares.  It  is  Standard's  intention  to apply for a quotation on the OTC
     Bulletin  Board  ("OTCBB")  whereby:

     *    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 10K-SB and 10Q-SB, filed
          with  the  SEC  or  other  regulatory  authorities.

     Standard  cannot  be  sure it will be able to obtain a participating market
     maker  or  be  approved  for a quotation on the OTCBB. If this is the case,
     there  will  be  no  liquidity  for  the  shares  of  its  shareholders.

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.

     If a market for Standard's shares develops, the share price may be volatile
     with  wide  fluctuations  in  response  to  several  factors,  including:

     *    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.

     In  addition, if its shares are traded on the OTCBB, its share price may be
     impacted  by  factors  that are unrelated or disproportionate to Standard's
     operating  performance. Standard's share price might be affected by general
     economic,  political  and  market  conditions, such as recessions, interest
     rates  or  international  currency  fluctuations.  In  addition,  even  if
     Standard's  stock  is  approved for quotation by a market maker through the
     OTCBB,  stocks traded over this quotation system are usually thinly traded,
     highly  volatile and not followed by analysts. These factors, which are not
     under  Standard's  control,  may have a material effect on its share price.


                                      -16-
<PAGE>



18.  STANDARD  ANTICIPATES  THE  NEED  TO  SELL ADDITIONAL TREASURY SHARE IN THE
     FUTURE  MEANING  THAT THERE WILL BE A DILUTION TO ITS EXISTING SHAREHOLDERS
     RESULTING IN THEIR PERCENTAGE OWNERSHIP IN STANDARD BEING REDUCED ACCORDING
     LY.

     Standard  expects  that  the only way it will be able to acquire additional
     funds  is  through  the  sale  of  its  common stock. This will result in a
     dilution  effect  to  its  shareholders  whereby their percentage ownership
     interest in Standard is reduced. The magnitude of this dilution effect will
     be  determined  by  the number of shares Standard will have to issue in the
     future  to  obtain  the  funds  required.

19.  BECAUSE  STANDARD'S  SECURITIES  ARE  SUBJECT  TO  PENNY  STOCK  RULES, ITS
     SHAREHOLDERS  MAY  HAVE  DIFFICULTY  RESELLING  THEIR  SHARES.

     Standard's  shares  are  "penny stocks" and are covered by Section 15(g) of
     the Securities Exchange Act of 1934 which imposes additional sales practice
     requirements  on broker/dealers who sell the Company's securities including
     the  delivery  of  a  standardized  disclosure  document;  disclosure  and
     confirmation  of  quotation  prices;  disclosure  of  compensation  the
     broker/dealer  receives;  and,  furnishing  monthly account statements. For
     sales  of  Standard's  securities,  the  broker/dealer  must make a special
     suitability determination and receive from its customer a written agreement
     prior  to  making  a sale. The imposition of the foregoing additional sales
     practices  could adversely affect a shareholder's ability to dispose of his
     stock.


ITEM  3.     CONTROLS  AND  PROCEDURES

(a)     Evaluation  of  Disclosure  Controls  and  Procedures
        -----------------------------------------------------

Standard's  Chief  Executive  Officer,  E.  Del Thachuk, and its Chief Financial
Officer,  Gordon  Brooke,  after  evaluating  the  effectiveness  of  Standard's
controls  and procedures (as defined in the Securities Exchange Act of 1934 Rule
13a,  14(c)  and 15d 14(c) as of the end of the period covered by this quarterly
report  on  Form  10-QSB  (the "Evaluation Date"), have concluded that as of the
Evaluation  Date,  Standard's  disclosure  and  procedures  were  adequate  and
effective to ensure that material information relating to it would be made known
to  it  by others, particularly during the period in which this quarterly report
on  Form  10-QSB  was  being  prepared.

(b)     Changes  in  Internal  Controls
        -------------------------------

Based  upon  the  evaluation  of Standard's controls. E. Del Thachuk, and Gordon
Brooke  have  concluded  that  the  disclosure  controls are effective providing
reasonable  assurance  that  material  information  relating to Standard is made
known  to  management  on  a timely basis during the period when its reports are
being  prepared.  There  were  no changes in its internal controls that occurred
during  the quarter covered by this report that have materially affected, or are
reasonably  likely  to  materially  affect  Standard's  internal  controls.


                           PART 11 - OTHER INFORMATION

ITEM  1.     LEGAL  PROCEEDINGS

There  are  no  legal  proceedings  to which Standard is a party or to which its
mineral  claim  is  subject,  nor  to the best of management's knowledge are any
material  legal  proceedings  contemplated.

ITEM  2.     CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

Under  an Offering Memorandum dated September 5, 2005 the Company raised $49,500
through  the  sale  of  990,000  common  shares  at  a price of $0.05 per share.
Directors  and  officers  subscribed  for  170,000  common  shares.  The  use of
proceeds  from  the  sale of these shares have been distributed as follows as at
November  30,  2005:


                                      -17-
<PAGE>



<TABLE>
<CAPTION>




                 Source of Disbursement             Ref.      Amount
                 -------------------------------  --------    -------
<S>                                  <C>       <C>
          Independent accountants . . . . . .       (i)    $  10,500
          Consulting - preparation of SB-2. .       (ii)      10,000
          Exploration expenses. . . . . . . .      (iii)       3,100
          Office expenses - accounts payable.       (iv)         681
          Transfer agent - accounts payable .       (v)        4,000
          Travel expenses . . . . . . . . . .       (vi)         471
          Prior exploration - account payable      (vii)       2,605
          Transfer agent - current fees . . .       (v)          622
          Other accounts payable payments . .      (viii)      3,422
          Legal fees. . . . . . . . . . . . .       (ix)       2,500
          Bank charges and expenses . .              . . .       144
          Working capital remaining . . .              . .    11,455
                                                            --------
                Total amount raised. . . . .           .  $   49,500
                                                             ========
</TABLE>




(i)  Payment  to  Madsen  &  Associate  CPA's  Inc.  for  outstanding  balance.

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

(iii)  Advance  made  to  allow  exploration work on the Standard claim in early
     November.  The  exploration  work has been completed but not filed with the
     Ministry  of  Energy  and  Mines.  This  will  be  done  in  early  2006.

(iv) Represents  amounts  owed  for  the past for photocopying, fax and courier.

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

(vi) Represents  various  travel  expenses incurred by Standard's President over
     the  past  year.

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

(viii)  Represent  the  payment  of  certain amounts set up in accounts payable.

(iv) 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.

ITEM  3.     DEFAULTS  UPON  SENIOR  SECURITIES

               None

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

On  November  18,  2005,  Standard  held  its  Second  Annual General Meeting of
Stockholders  (the  "Meeting").

There  are 2,285,000 common shares issued and outstanding as at the record dated


                                      -18-
<PAGE>



of  October  31,  2005  of  which  the  following shares were represented at the
Meeting.

          Represented  in  Person:          385,000  common  shares

          Represented  by  Proxy:         1,535,500  common  shares

This  represented a total of 1,920,500 common shares which represents 84% of the
issued  and  outstanding  shares.

The  matters  approved  by  the  shareholders  were  as  follows:

1.     The  election  of  E.  Del Thachuk and B. Gordon Brooke as directors; and

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

At  a  subsequent  Directors'  Meeting,  the  directors  appointed the following
officers:

     E.  Del  Thachuk            Chief  Executive  Officer  and  President

     B.  Gordon  Brooke          Chief  Financial  Officer  and Chief Accounting
                                       Officer

     Maryanne  Thachuk           Secretary  Treasurer

In  addition to the above appointments, the Directors appointed B. Gordon Brooke
as  Chairperson  of  the  Audit  Committee and E. Del Thachuk as a member of the
Audit  Committee.


ITEM  5.     OTHER  INFORMATION

     None

ITEM  6.     EXHIBITS  AND  REPORTS  ON  FORM  8-K

(a)     Exhibits

1.   Certificate  of  Incorporation,  Articles  of  Incorporation  and  By-laws

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

99.4 Certificate  Pursuant  to  18  U.S.C.  Section  1350  signed  by  the Chief
     Financial  Officer


                                      -19-
<PAGE>



(b)     Reports  on  Form  8-K

     -  Filed  on  November  22,  2005 regarding certain motions approved by the
     shareholders  at  the  Annual  General  Meeting  of  Stockholders.


                                      -20-
<PAGE>








                                   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.


                             STANDARD CAPITAL CORPORATION
                                     (Registrant)



                              /s/  "E.  Del  Thachuk"
                              -------------------------
                                  E.  Del  Thachuk
                             Chief  Executive  Officer
                             President  and  Director

     Dated:  December 20,  2005


                            /s/  "  B.  Gordon  Brooke"
                            ---------------------------
                                B.  Gordon  Brooke
                            Chief  Accounting  Officer
                            Chief  Financial  Officer
                                  and  Director

     Dated:   December 20,  2005


                                      -21-
<PAGE>