---

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.
20549

FORM 10-QSB

[X]   Quarterly Report Under Section 13 or 15(D) of
the Securities Exchange Act of 1934

for the quarterly period ended July 31, 2007

[   ]   Transition Report Under Section 13
or 15(D) of the Securities Exchange Act of 1934

for the transition period from _____ to _____

Commission File Number: 000-52667

SOMBRIO CAPITAL CORP.(Name of small business issuer as specified in its charter)

|NEVADA                                           | 98-0533822                       
|------------------------------------------------ | ---------------------------------
|(State or other jurisdiction of incorporation or | (IRS Employer Identification No.)
|organization)                                    |                                  

1566 Burrill AvenueNorth Vancouver, British
Columbia, Canada V7K 1L9(Address of principal executive offices)

604-312-3353Issuer's telephone number

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[   ]

Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act). Yes[X] 
 No[   ]

State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date. 7,187,498
shares of common stock as of September 18, 2007.

Transitional Small Business Disclosure Format (check one): Yes
[   ]   No[X]

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SOMBRIO CAPITAL CORP.

Quarterly Report On Form 10-QSB For The Quarterly Period
Ended July 31, 2007

INDEX

|PART I  FINANCIAL INFORMATION | 1                                                          
|------------------------------ | -----------------------------------------------------------
|Item 1.                        | Financial Statements                                       
|Item 2.                        | Managements Discussion and Analysis                       
|Item 3.                        | Controls and Procedures                                    
|PART II  OTHER INFORMATION    | 7                                                          
|Item 1.                        | Legal Proceedings                                          
|Item 2.                        | Unregistered Sales of Equity Securities and Use of Proceeds
|Item 3.                        | Defaults Upon Senior Securities                            
|Item 4.                        | Submission of Matters to a Vote of Securities Holders      
|Item 5.                        | Other Information                                          
|Item 6.                        | Exhibits                                                   

FORWARD-LOOKING STATEMENTS

This quarterly report contains forward-looking statements that
involve risks and uncertainties, including statements regarding our capital
needs, business plans and expectations. Such forward-looking statements involve
risks and uncertainties regarding the market price of gold and copper,
availability of funds, government regulations, operating costs, exploration
costs, outcomes of exploration programs and other factors. Forward-looking
statements are made, without limitation, in relation to operating plans,
property exploration and development, availability of funds, environmental
reclamation, operating costs and permit acquisition. Any statements contained
herein that are not statements of historical facts may be deemed to be
forward-looking statements. In some cases, you can identify forward-looking
statements by terminology such as "may", "will", "should", "expect", "plan",
"intend", "anticipate", "believe", "estimate", "predict", "potential" or
"continue", the negative of such terms or other comparable terminology. Actual
events or results may differ materially. In evaluating these statements, you
should consider various factors, including the risks outlined in this quarterly
report. These factors may cause our actual results to differ materially from any
forward-looking statement. While these forward-looking statements, and any
assumptions upon which they are based, are made in good faith and reflect our
current judgment regarding our business plans, our actual results will almost
always vary, sometimes materially, from any estimates, predictions, projections,
assumptions or other future performance suggested herein. We do not intend to
update any of the forward-looking statements to conform these statements to
actual results, except as required by applicable law, including the securities
laws of the United States.

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PART I  FINANCIAL INFORMATION

Item
1.               
Financial Statements

The following interim financial statements of Sombrio Capital
Corp. (the Company) are included in this Quarterly Report on Form 10-QSB:

|                                                                                                                                                                                                                    | Page            
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------
|                                                                                                                                                                                                                    |                 
|Balance Sheets as at
      July 31, 2007 (unaudited) and October 31, 2006 (audited)                                                                                                                                 | F-1             
|                                                                                                                                                                                                                    |                 
|Statement of Operations
      and Statement of Comprehensive Loss for the three and nine months ended
      July 31, 2007 and for the period from incorporation (March 31, 2006) to
      July 31, 2007 (unaudited) | F-2             
|                                                                                                                                                                                                                    |                 
|Statement of Cash Flows
      for the three and nine months ended July 31, 2007 and for the period from
      incorporation (March 31, 2006) to July 31, 2007 (unaudited)                                           | F-3             
|                                                                                                                                                                                                                    |                 
|Notes to Consolidated
      Financial Statements                                                                                                                                                                    | F-4 to
      F-8

- 1 -

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SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

THIRD QUARTER INTERIM FINANCIAL STATEMENTS

JULY 31, 2007(Unaudited) 
  (Stated in U.S. Dollars)

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

BALANCE SHEETS(Unaudited) 
  (Stated in U.S. Dollars)

|                                                               |   | JULY
      31 |   |   | OCTOBER
      31 |  
|-------------------------------------------------------------- | - | ------------- | - | - | ---------------- | -
|                                                               |   | 2007          |   |   | 2006             |  
|                                                               |   |               |   |   |                  |  
|ASSETS                                                         |   |               |   |   |                  |  
|                                                               |   |               |   |   |                  |  
|Current                                                        |   |               |   |   |                  |  
|Cash                                                           | $ | 79,392        |   | $ | 74,684           |  
|Prepaids                                                       |   | 12,500        |   |   | -                |  
|                                                               |   | 91,892        |   |   | 74,684           |  
|                                                               |   |               |   |   |                  |  
|Mineral Property Acquisition Costs                             |   | 3,596         |   |   | 3,596            |  
|                                                               |   |               |   |   |                  |  
|                                                               | $ | 95,488        |   | $ | 78,280           |  
|                                                               |   |               |   |   |                  |  
|LIABILITIES                                                    |   |               |   |   |                  |  
|                                                               |   |               |   |   |                  |  
|Current                                                        |   |               |   |   |                  |  
|Accounts
      payable and accrued liabilities                 | $ | 24,244        |   | $ | 9,446            |  
|                                                               |   |               |   |   |                  |  
|SHAREHOLDERS EQUITY                                           |   |               |   |   |                  |  
|                                                               |   |               |   |   |                  |  
|Share Capital                                                  |   |               |   |   |                  |  
|Authorized:                                                    |   |               |   |   |                  |  
|100,000,000 common voting stock with a par value of            |   |               |   |   |                  |  
|$0.001 per share                                               |   |               |   |   |                  |  
|5,000,000 preferred stock with
      a par value of $0.001 per |   |               |   |   |                  |  
|share                                                          |   |               |   |   |                  |  
|Issued:                                                        |   |               |   |   |                  |  
|7,187,498 common shares outstanding as at April 30, 2007       |   |               |   |   |                  |  
|and 6,760,998 as at October 31, 2006                           |   | 7,188         |   |   | 6,761            |  
|                                                               |   |               |   |   |                  |  
|Additional Paid In Capital                                     |   | 116,122       |   |   | 73,899           |  
|Accumulated Other Comprehensive Loss                           |   | (648          | ) |   | (178             | )
|Accumulated Deficit During The Exploration
      Stage         |   | (51,418       | ) |   | (11,648          | )
|                                                               |   | 71,244        |   |   | 68,834           |  
|                                                               |   |               |   |   |                  |  
|                                                               | $ | 95,488        |   | $ | 78,280           |  

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

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

STATEMENT OF OPERATIONS(Unaudited) 
  (Stated in U.S. Dollars)

|                                  |   |           |   |   |           |   |   | CUMULATIVE |  
|--------------------------------- | - | --------- | - | - | --------- | - | - | ---------- | -
|                                  |   |           |   |   |           |   |   | PERIOD     |  
|                                  |   |           |   |   |           |   |   | FROM       |  
|                                  |   | THREE     |   |   | NINE      |   |   | INCEPTION  |  
|                                  |   | MONTHS    |   |   | MONTHS    |   |   | MARCH 31   |  
|                                  |   | ENDED     |   |   | ENDED     |   |   | 2006 TO    |  
|                                  |   | JULY 31   |   |   | JULY 31   |   |   | JULY 31    |  
|                                  |   | 2007      |   |   | 2007      |   |   | 2007       |  
|                                  |   |           |   |   |           |   |   |            |  
|Revenue                           | $ | -         |   | $ | -         |   | $ | -          |  
|                                  |   |           |   |   |           |   |   |            |  
|Expenses                          |   |           |   |   |           |   |   |            |  
|Agent and filing fees             |   | 4,621     |   |   | 4,621     |   |   | 4,621      |  
|Exploration
      expenses        |   | 2,619     |   |   | 5,761     |   |   | 9,971      |  
|General and administrative        |   | 5,082     |   |   | 5,345     |   |   | 6,251      |  
|Professional
      fees           |   | 11,385    |   |   | 24,043    |   |   | 30,575     |  
|                                  |   |           |   |   |           |   |   |            |  
|Net Loss For The Period           | $ | (23,707   | ) | $ | (39,770   | ) | $ | (51,418    | )
|                                  |   |           |   |   |           |   |   |            |  
|Basic And Diluted Loss Per Share  | $ | (0.00     | ) | $ | (0.00     | ) |   |            |  
|                                  |   |           |   |   |           |   |   |            |  
|Weighted Average Number Of Common |   |           |   |   |           |   |   |            |  
|Shares Outstanding                |   | 7,187,498 |   |   | 7,089,093 |   |   |            |  

STATEMENT OF COMPREHENSIVE LOSS(Unaudited) 
  (Stated in U.S. Dollars)

|                                              |   |         |   |   |         |   |   | CUMULATIVE  |  
|--------------------------------------------- | - | ------- | - | - | ------- | - | - | ----------- | -
|                                              |   |         |   |   |         |   |   | PERIOD FROM |  
|                                              |   | THREE   |   |   | NINE    |   |   | INCEPTION   |  
|                                              |   | MONTHS  |   |   | MONTHS  |   |   | MARCH 31    |  
|                                              |   | ENDED   |   |   | ENDED   |   |   | 2006 TO     |  
|                                              |   | JULY 31 |   |   | JULY 31 |   |   | JULY 31     |  
|                                              |   | 2007    |   |   | 2007    |   |   | 2007        |  
|                                              |   |         |   |   |         |   |   |             |  
|Other Comprehensive Loss                      |   |         |   |   |         |   |   |             |  
|Net loss
      for the period                 | $ | (23,707 | ) | $ | (39,770 | ) | $ | (51,418     | )
|Foreign currency
      translation adjustment |   | -       |   |   | (469    | ) |   | (648        | )
|                                              |   |         |   |   |         |   |   |             |  
|Total Comprehensive Loss                      | $ | (23,707 | ) | $ | (40,239 | ) | $ | (52,066     | )

Prior year comparative figures are not presented because the
  Company was incorporated on March 31, 2006.

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

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

STATEMENT OF CASH FLOWS(Unaudited) 
  (Stated in U.S. Dollars)

|                                                    |   |         |   |   |         |   |   | CUMULATIVE  |  
|--------------------------------------------------- | - | ------- | - | - | ------- | - | - | ----------- | -
|                                                    |   |         |   |   |         |   |   | PERIOD FROM |  
|                                                    |   | THREE   |   |   | NINE    |   |   | INCEPTION   |  
|                                                    |   | MONTHS  |   |   | MONTHS  |   |   | MARCH 31    |  
|                                                    |   | ENDED   |   |   | ENDED   |   |   | 2006 TO     |  
|                                                    |   | JULY 31 |   |   | JULY 31 |   |   | JULY 31     |  
|                                                    |   | 2007    |   |   | 2007    |   |   | 2007        |  
|                                                    |   |         |   |   |         |   |   |             |  
|Cash (Used In) Operating Activities                 |   |         |   |   |         |   |   |             |  
|Net loss for the period                             | $ | (23,707 | ) | $ | (39,770 | ) | $ | (51,418     | )
|Changes in
      non-cash operating working capital |   |         |   |   |         |   |   |             |  
|item:                                               |   |         |   |   |         |   |   |             |  
|Accounts payable and accrued liabilities            |   | 20,550  |   |   | 14,798  |   |   | 24,244      |  
|Prepaids                                            |   | (12,500 | ) |   | (12,500 | ) |   | (12,500     | )
|                                                    |   | (15,657 | ) |   | (37,472 | ) |   | (39,674     | )
|                                                    |   |         |   |   |         |   |   |             |  
|Cash Provided By Investing Activity                 |   |         |   |   |         |   |   |             |  
|Mineral property acquisition
      costs            |   | -       |   |   | -       |   |   | (3,596      | )
|                                                    |   |         |   |   |         |   |   |             |  
|Cash Provided By Financing Activity                 |   |         |   |   |         |   |   |             |  
|Issuance
      of common stock                      |   | -       |   |   | 42,650  |   |   | 123,310     |  
|                                                    |   |         |   |   |         |   |   |             |  
|Foreign Exchange Effect On Cash                     |   | -       |   |   | (470    | ) |   | (648        | )
|                                                    |   |         |   |   |         |   |   |             |  
|Increase In Cash                                    |   | (15,657 | ) |   | 4,708   |   |   | 79,392      |  
|                                                    |   |         |   |   |         |   |   |             |  
|Cash, Beginning Of Period                           |   | 95,049  |   |   | 74,684  |   |   | -           |  
|                                                    |   |         |   |   |         |   |   |             |  
|Cash, End Of Period                                 | $ | 79,392  |   | $ | 79,392  |   | $ | 79,392      |  
|                                                    |   |         |   |   |         |   |   |             |  
|                                                    |   |         |   |   |         |   |   |             |  
|Supplemental Disclosure Of Cash Flow Information    |   |         |   |   |         |   |   |             |  
|Cash paid
      during the period for:              |   |         |   |   |         |   |   |             |  
|Interest                                            | $ | -       |   | $ | -       |   | $ | -           |  
|Income taxes                                        | $ | -       |   | $ | -       |   | $ | -           |  

Prior year comparative figures are not presented because the
  Company was incorporated on March 31, 2006.

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

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

NOTES TO INTERIM FINANCIAL STATEMENTS

JULY 31, 2007(Unaudited) 
  (Stated in U.S. Dollars)

|1. | BASIS OF PRESENTATION AND NATURE OF OPERATIONS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   | The unaudited financial information furnished herein
        reflects all adjustments which, in the opinion of management, are necessary
        to fairly state the Companys financial position and the results
        of its operations for the periods presented. These third quarter financial
        statements should be read in conjunction with the Companys financial
        statements and notes thereto included in the Companys Form SB-2
        for the period ended October 31, 2006. The Company assumes that the users
        of the interim financial information herein have read, or have access
        to, the audited financial statements for the preceding period, and that
        the adequacy of additional disclosure needed for a fair presentation may
        be determined in that context. Accordingly, footnote disclosure, which
        would substantially duplicate the disclosure contained in the Companys
        Form SB-2 for the period ended October 31, 2006, has been omitted. The
        results of operations for the nine month period ended July 31, 2007 are
        not necessarily indicative of results for the entire year ending October
        31, 2007.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   | Organization                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   | Sombrio Capital Corp. (the Company) was
        incorporated in the State of Nevada, U.S.A., on March 31, 2006. The Companys
        principal executive offices are in Vancouver, British Columbia, Canada.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   | Exploration Stage Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   | The Company has been in the exploration stage since
        its formation and has not yet realized any revenues from its planned operations.
        The Company was formed for the purpose of acquiring exploration and development
        stage natural resource properties. The Company has not commenced business
        operations. The Company is an exploration stage company as defined in
        the Securities and Exchange Commission (S.E.C.) Industry Guide
        No. 7.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   | Going Concern                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   | The accompanying financial statements have been prepared
        assuming the Company will continue as a going concern.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   | As shown in the accompanying financial statements, the
        Company has incurred a net loss of $51,418 for the period from March 31,
        2006 (inception) to July 31, 2007, and has no sales. The future of the
        Company is dependent upon its ability to obtain financing and upon future
        profitable operations from the development of its natural resource properties.
        Management has plans to seek additional capital through a private placement
        and public offering of its common stock. The financial statements do not
        include any adjustments relating to the recoverability and classification
        of recorded assets, or the amounts of and classification of liabilities
        that might be necessary in the event the Company cannot continue in existence.                                                                                                                                                                                                                                                                                                                                                                                                

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

NOTES TO INTERIM FINANCIAL STATEMENTS

JULY 31, 2007(Unaudited) 
  (Stated in U.S. Dollars)

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                                                                                                                                                                                                                                                                                                                                                                                       
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | The financial statements of the Company
        have been prepared in accordance with generally accepted accounting principles
        in the United States. Because a precise determination of many assets and
        liabilities is dependent upon future events, the preparation of financial
        statements for a period necessarily involves the use of estimates which
        have been made using careful judgement.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | The financial statements have, in managements
        opinion, been properly prepared within reasonable limits of materiality
        and within the framework of the significant accounting policies summarized
        below:                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | a)                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | b)                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                  

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

NOTES TO INTERIM FINANCIAL STATEMENTS

JULY 31, 2007(Unaudited) 
  (Stated in U.S. Dollars)

|2. | SIGNIFICANT ACCOUNTING POLICIES(Continued)
|-- | ------------------------------------------
|   |                                           
|   | b)                                        
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   | c)                                        
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   | d)                                        
|   |                                           
|   |                                           

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

NOTES TO INTERIM FINANCIAL STATEMENTS

JULY 31, 2007(Unaudited) 
  (Stated in U.S. Dollars)

|2. | SIGNIFICANT ACCOUNTING POLICIES(Continued)
|-- | ------------------------------------------
|   |                                           
|   | e)                                        
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   |                                           
|   | f)                                        
|   |                                           
|   |                                           
|   |                                           
|   | g)                                        
|   |                                           
|   |                                           
|   |                                           
|   | h)                                        
|   |                                           
|   |                                           

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

NOTES TO INTERIM FINANCIAL STATEMENTS

JULY 31, 2007(Unaudited) 
  (Stated in U.S. Dollars)

|2. | SIGNIFICANT ACCOUNTING POLICIES(Continued)                                                                                                                                                                                                                                                                                                
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                           
|   | h)                                                                                                                                                                                                                                                                                                                                        
|   |                                                                                                                                                                                                                                                                                                                                           
|   |                                                                                                                                                                                                                                                                                                                                           
|3. | MINERAL PROPERTY                                                                                                                                                                                                                                                                                                                          
|   |                                                                                                                                                                                                                                                                                                                                           
|   | During the period ended October 31, 2006,
        the Company entered into a purchase agreement to acquire an undivided
        100% interest in a mineral claim (known as the Lincoln 1)
        located in the Province of British Columbia. The consideration was $3,596
        (CDN$4,000) cash paid on execution of the agreement.
|   |                                                                                                                                                                                                                                                                                                                                           
|4. | SHARE CAPITAL                                                                                                                                                                                                                                                                                                                             
|   |                                                                                                                                                                                                                                                                                                                                           
|   | On May 31, 2006, the Company sold 5,000,000
        shares of common stock at $0.001 per share for cash.                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                           
|   | On July 13, 2006, pursuant to a private
        placement, the Company sold 999,999 shares of common stock at $0.03
        per share for cash.                                                                                                                                                                                           
|   |                                                                                                                                                                                                                                                                                                                                           
|   | On September 23, 2006, pursuant to a private
        placement, the Company sold 760,999 shares of common stock at $0.06
        per share for cash.                                                                                                                                                                                      
|   |                                                                                                                                                                                                                                                                                                                                           
|   | On December 31, 2006, pursuant to a private
        placement, the Company sold 418,500 shares of common stock at $0.10
        per share.                                                                                                                                                                                                
|   |                                                                                                                                                                                                                                                                                                                                           
|   | On April 16, 2007, pursuant to a private
        placement, the Company sold 8,000 shares of common stock at $0.10
        per share.                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                           
|   | As at July 31, 2007, The Company has no
        stock option plan, warrants or other dilutive securities.                                                                                                                                                                                                                                 

---

SOMBRIO CAPITAL CORP.(An Exploration Stage Company)

NOTES TO INTERIM FINANCIAL STATEMENTS

JULY 31, 2007(Unaudited) 
  (Stated in U.S. Dollars)

|5. | COMPARATIVE FIGURES                                                                                                            
|-- | -------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                
|   | Certain prior period comparative figures have been
        reclassified to conform to current financial statement presentation.

---

Item
2.               
Managements Discussion and Analysis

The following discussion of our financial condition, changes in
financial condition and results of operations for the three and nine months
ended July 31, 2007 should be read in conjunction with our unaudited interim
financial statements and related notes for the three and nine months ended July
31, 2007.

Overview of Our Business

We are an exploration stage company engaged in the acquisition
and exploration of mineral properties. We are the owner of the Lincoln 1 mineral
claim which is located in the Kamloops Mining Division of the Province of
British Columbia. We believe that the Lincoln 1 mineral claim may be prospective
for commercially exploitable deposits of gold. The Lincoln 1 mineral claim does
not contain any substantiated mineral deposits or reserves of minerals. Minimal
exploration has been carried out on our Lincoln 1 mineral claim. Accordingly,
additional exploration of our Lincoln 1 mineral claim is required before any
determination as to whether any commercially viable mineral deposit may exist on
our Lincoln 1 mineral claim. Our plan of operations is to carry out preliminary
exploration work on our Lincoln 1 mineral claim in order to ascertain whether
our mineral claim warrants advanced exploration to determine whether they
possess commercially exploitable deposits of gold. We will not be able to
determine whether or not our mineral claim contains a commercially exploitable
mineral deposit, or reserve, until appropriate exploratory work is done and an
economic evaluation based on that work concludes economic viability.

We acquired the Lincoln 1 mineral claims in June 2006. We have
obtained a geological report on our Lincoln 1 mineral claim that has recommended
a phased exploration program on our property. We have completed an initial phase
and the two stages comprising the second phase of this recommended exploration
program. We received a geological report on the results of the second stage of
the second phase of our exploration at the end of August 2007. This geological
report concluded that the results of the second stage of the second phase were
successful in that there was confirmation of a potential geologically
significant mineral zone structure and recommended that we proceeded to a first
stage of the third phase of the exploration program. We have determined to
proceed as recommended in the geological report and anticipate that we will
commence the third phase of the exploration program by the end of our current
fiscal year. We plan to continue exploration of our mineral claims for so long
as the results of the geological exploration that we complete indicate the
further exploration of our mineral claims is recommended and we have sufficient
financing.

The estimated cost of this five phase exploration program is
$91,500. As at July 31, 2007, we had cash of $79,392 and working capital of
$67,648. Based on these financial resources, we have sufficient funds to enable
us to complete the initial four phases of our exploration program. We will,
however, require additional financing in order to complete the fifth phase of
exploration of our mineral claims and any additional exploration required to
determine whether any mineral deposit exists on our minerals claims. Even if we
determine that a mineral deposit exists on our mineral claims, an economic
evaluation must be completed before the economic viability of commercial
exploitation of our mineral claims could be completed. Both advanced exploration
and an economic determination will be contingent upon the results of our
preliminary exploration programs and our ability to raise additional financing
in order to proceed with advanced exploration and an economic evaluation. There
is no assurance that we will be able to obtain any additional financing to fund
our exploration activities.

We are considered an exploration or exploratory stage company
as we are involved in the examination and investigation of land that we believe
may contain valuable minerals, for the purpose of discovering the presence of
ore, if any, and its extent. Since we are an exploration stage company, there is
no assurance that a commercially viable mineral deposit exists on any of our
properties, and a great deal of

- 2-

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further exploration will be required before a final evaluation
as to the economic and legal feasibility for our future exploration is
determined. We have no known reserves of any type of mineral. To date, we have
not discovered an economically viable mineral deposit on the mineral property,
and there is no assurance that we will discover one.

We have no revenues, have achieved losses since inception, have
been issued a going concern opinion by our auditors and rely upon the sale of
our securities to fund operations. We will not generate revenues even if our
exploration program indicates that a mineral deposit may exist on our mineral
claims. Accordingly, we will dependent on future additional financing in order
to maintain our operations and continue our exploration activities.

We were incorporated as Sombrio Capital Corp. under the laws of
Nevada on March 31, 2006. Our principal offices are located at 1566 Burrill
Avenue, North Vancouver, British Columbia, Canada V7K 1L9. Our telephone number
is (604) 312-3353 and our fax number is (778) 280-3028.

Plan of Operations

We have not earned revenues to date. Our plan of operations is
as described below:

1.        We have determined
to proceed with the first stage of the third phase of the recommended
exploration program on our Lincoln 1 mineral claims based on the geological
report received by us on the second phase of the exploration program. Phase
three will consist of a two stage general and detailed examination of potential
exploration sites and is estimated to cost approximately $11,000. We expect to
commence the first stage of the third phase of our exploration program in the
fall of 2007, depending on the availability of our consulting geologist.

2.        If warranted by
the results of phase three, we intend to proceed with phase four of our
recommended exploration program. Phase four is estimated to cost $18,000 and
will be comprised of a test diamond drilling program. We anticipate that we will
have sufficient funding in order to conduct the phase four drilling program.

3.        We anticipate
spending approximately $1,000 in ongoing general and administrative expenses per
month for the next twelve months, for a total anticipated expenditure of $12,000
over the next twelve months. The general and administrative expenses for the
year will consist primarily of professional fees for the audit and legal work
relating to our regulatory filings throughout the year, as well as transfer
agent fees, annual mineral claim fees and general office expenses.

4.        We anticipate
spending approximately $40,000 in complying with our obligations as a reporting
company under the Securities Exchange Act of 1934. These expenses will
consist primarily of professional fees relating to the preparation of our
financial statements and completing our annual report, quarterly report, current
report and proxy statement filings with the Securities and Exchange Commission
(the SEC).

These planned expenditures total $81,000.

As at July 31, 2007, we had cash reserves of $79,392 and
working capital of $67,648. We anticipate that our cash and working capital will
be sufficient to enable us to complete phases three and four of our exploration
program, to pay for the professional fees relating to our obligations as a
reporting company under the Securities Exchange Act of 1934and our
general and administrative expenses for the next twelve months. However, our
ability to complete phase five of the recommended work program will be subject
to us obtaining additional financing as these expenditures will exceed our cash
reserves.

- 3 -

---

During the twelve month period following the date of this
quarterly report, we anticipate that we will not generate any revenue.
Accordingly, we will be required to obtain additional financing in order to
continue our plan of operations. We believe that debt financing will not be an
alternative for funding additional phases of exploration as we do not have
tangible assets to secure any debt financing. We anticipate that additional
funding will be in the form of equity financing from the sale of our common
stock. However, we do not have any financing arranged and we cannot provide
investors with any assurance that we will be able to raise sufficient funding
from the sale of our common stock to fund phase three of our exploration
program. In the absence of such financing, we will not be able to continue
exploration of our mineral claims and our business plan will fail. Even if we
are successful in obtaining equity financing to fund phase five of our
exploration program, there is no assurance that we will obtain the funding
necessary to pursue any advanced exploration of our mineral claims following the
completion of phase five. If we do not continue to obtain additional financing,
we will be forced to abandon our mineral claims and our plan of operations

We may consider entering into a joint venture arrangement to
provide the required funding to develop the mineral claims. We have not
undertaken any efforts to locate a joint venture partner for the mineral claims.
Even if we determined to pursue a joint venture partner, there is no assurance
that any third party would enter into a joint venture agreement with us in order
to fund exploration of our mineral claims. If we entered into a joint venture
arrangement, we would likely have to assign a percentage of our interest in our
mineral claims to the joint venture partner.

Critical Accounting Policies

Going Concern

As shown in the accompanying financial statements, we have
incurred a net loss of $51,418 for the period from March 31, 2006 (inception) to
July 31, 2007, and has no sales. Our future is dependent upon our ability to
obtain financing and upon future profitable operations from the development of
its natural resource properties. Management has plans to seek additional capital
through a private placement and public offering of its common stock. The
financial statements do not include any adjustments relating to the
recoverability and classification of recorded assets, or the amounts of and
classification of liabilities that might be necessary in the event we cannot
continue in existence.

Exploration Stage Activities

We have been in the exploration stage since its formation and
have not yet realized any revenues from its planned operations. We are an
exploration stage company as defined in the SEC Industry Guide No. 7.

Results Of Operations  Three and Nine Months Ended July 31,
2007

References to the discussion below to fiscal 2007 are to our
current fiscal year which will end on October 31, 2007. References to fiscal
2006 are to our fiscal year ended October 31, 2006.

|                                 |   |                |  |   |                |  |   | Cumulative       | 
|-------------------------------- | - | -------------- |  | - | -------------- |  | - | ---------------- | 
|                                 |   |                |  |   |                |  |   | Period from      | 
|                                 |   | Three Months   |  |   | Nine Months    |  |   | Inception March  | 
|                                 |   | Ended July 31, |  |   | Ended July 31, |  |   | 31, 2006 to July | 
|                                 |   | 2007           |  |   | 2007           |  |   | 31, 2007         | 
|                                 |   | (Unaudited)    |  |   | (Unaudited)    |  |   | (Unaudited)      | 
|                                 |   |                |  |   |                |  |   |                  | 
|Revenue                          | $ | -              |  | $ | -              |  | $ | -                | 
|                                 |   |                |  |   |                |  |   |                  | 
|Expenses                         |   |                |  |   |                |  |   |                  | 
|Agent and filing fees            |   | 4,621          |  |   | 4,621          |  |   | 4,621            | 
|Exploration expenses             |   | 2,619          |  |   | 5,761          |  |   | 9,971            | 
|General and
      administrative |   | 5,082          |  |   | 5,345          |  |   | 6,251            | 

- 4 -

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|Professional fees             |   | 11,385  |   |   | 24,043  |   |   | 30,575  |  
|----------------------------- | - | ------- | - | - | ------- | - | - | ------- | -
|Net Loss For
      The Period | $ | (23,707 | ) | $ | (39,770 | ) | $ | (51,418 | )

Revenues

We have had no operating revenues since our inception on March
31, 2006 through to the period ended July 31, 2007. We anticipate that we will
not generate any revenues for so long as we are an exploration stage
company.

Agent and Filing Fees

We have incurred a total of $4,621 in agent and filing fees
from the period from March 31, 2006 (date of incorporation) through to the
period ended July 31, 2007. These fees are attributable to expenses related to
the preparation and filing of our registration statement with the SEC and to our
ongoing reporting obligations under the Securities Exchange Act of 1934.

Exploration Expenses

We have incurred a total of $9,971 in exploration expenses from
the period from March 31, 2006 (date of incorporation) through to the period
ended July 31, 2007. Exploration expenses include amounts that we pay to our
consulting geologist, Laurence Sookochoff, in connection with the completion of
exploration activities carried out on our mineral claim.

General and Administrative

We incurred a total of $6,251 in general and administrative
expenses from the period from March 31, 2006 (date of incorporation) through to
the period ended July 31, 2007.

Professional Fees

Professional fees include our accounting and auditing expenses
incurred in connection with the preparation and audit of our financial
statements and professional fees that we pay to our legal counsel. Our
accounting and auditing expenses were incurred in connection with the
preparation of our audited financial statements and unaudited interim financial
statements and our preparation and filing of a registration statement with the
SEC. Our legal expenses represent amounts paid to legal counsel in connection
with our corporate organization. Legal expenses will be ongoing during fiscal
2007 as we are subject to the reporting obligations of the Securities
Exchange Act of 1934.

Liquidity And Capital Resources

We had cash of $79,392 and working capital of $67,648 as at
July 31, 2007, compared to cash of $74,684 and a working capital of $65,238 as
at October 31, 2006.

Plan Of Operations

We estimate that our total expenditures over the next twelve
months will be approximately $81,000, as outlined above under the heading Plan
of Operations. We anticipate that our cash and working capital will be
sufficient to enable us to complete phases three and four of our exploration
program, to pay for the professional fees relating to our obligations as a
reporting company under the Securities Exchange Act of 1934and ourgeneral and administrative expenses for the next twelve months. However, our
ability to complete phase five of the recommended work program will be subject
to us obtaining additional financing as these expenditures will exceed our cash
reserves. We anticipate that our cash and working capital will be sufficient to
enable us to sustain our operations for the next twelve months, provided that

- 5 -

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we do not complete phase five during this period. If we
determine to proceed with phase five during the next twelve months, then we will
require additional financing.

Cash Used In Operating Activities

We used cash in operating activities in the amount of $39,674
during the period from our inception on March 31, 2006 through to July 31, 2007
and $37,472 during the nine months ended July 31, 2007. Cash used in operating
activities was funded by cash from financing activities.

Cash From Investing Activities

We used cash in investing activities in the amount of $3,596
during the period from our inception on March 31, 2006 through to July 31, 2007,
which amount was attributable to our purchase of the Lincoln mineral claim, and
$nil during the nine months ended July 31, 2007.

Cash from Financing Activities

We generated cash from financing activities in the amount of
$123,310 during the period from our inception on March 31, 2006 through to July
31, 2007 and $42,650 during the nine months ended July 31, 2007. Cash generated
by financing activities is attributable to the private placement financings of
our common stock that we have completed since our incorporation.

Going Concern

We have not attained profitable operations and are dependent
upon obtaining financing to pursue any extensive business activities. For these
reasons our auditors stated in their report that they have substantial doubt we
will be able to continue as a going concern.

Future Financings

We anticipate continuing to rely on equity sales of our common
shares in order to continue to fund our business operations. Issuances of
additional shares will result in dilution to our existing stockholders. There is
no assurance that we will achieve any additional sales of our equity securities
or arrange for debt or other financing to fund our planned activities.

Off-Balance Sheet Arrangements

We have no significant off-balance sheet arrangements that have
or are reasonably likely to have a current or future effect on our financial
condition, changes in financial condition, revenues or expenses, results of
operations, liquidity, capital expenditures or capital resources that is
material to stockholders.

Item
3.               
Controls and Procedures

As required by Rule 13a-15 under the Securities Exchange Act
of 1934, we carried out an evaluation of the effectiveness of the design and
operation of our disclosure controls and procedures as of July 31, 2007, being
the date of our most recently completed quarter. This evaluation was carried out
under the supervision and with the participation of our Chief Executive Officer
and Chief Financial Officer, Mr. Derek Page. Based upon that evaluation, our
Chief Executive Officer and Chief Financial Officer concluded that our
disclosure controls and procedures are effective to ensure that information
required to be disclosed by us in the reports that we file or submit under the
Exchange Act is recorded, processed, summarized and reported within the time
periods specified by the rules and forms of the SEC.

- 6 -

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Disclosure controls and procedures are controls and other
procedures that are designed to ensure that information required to be disclosed
in our reports filed or submitted under the Exchange Act is recorded, processed,
summarized and reported, within the time periods specified in the SECs rules
and forms. Disclosure controls and procedures include, without limitation,
controls and procedures designed to ensure that information required to be
disclosed in our reports filed under the Exchange Act is accumulated and
communicated to management, including our Chief Executive Officer and our Chief
Financial Officer, to allow timely decisions regarding required disclosure.

During the fiscal quarter ended July 31, 2007, there were no
changes in our internal control over financial reporting that have materially
affected, or are reasonably likely to affect, our internal control over
financial reporting during the quarter ended July 31, 2007.

The term internal control over financial reporting is defined
as a process designed by, or under the supervision of, the registrants
principal executive and principal financial officers, or persons performing
similar functions, and effected by the registrants board of directors,
management and other personnel, to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting
principles and includes those policies and procedures that:

| | (a) | Pertain to the maintenance of records that in reasonable
      detail accurately and fairly reflect the transactions and dispositions of
      the assets of the registrant;                                                                                                                                                                                                   
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |     |                                                                                                                                                                                                                                                                                                                                                                                
| | (b) | Provide reasonable assurance that transactions are
      recorded as necessary to permit preparation of financial statements in
      accordance with generally accepted accounting principles, and that
      receipts and expenditures of the registrant are being made only in
      accordance with authorizations of management and directors of the
      registrant; and
| |     |                                                                                                                                                                                                                                                                                                                                                                                
| | (c) | Provide reasonable assurance regarding prevention or
      timely detection of unauthorized acquisition, use or disposition of the
      registrants assets that could have a material effect on the financial
      statements.                                                                                                                                              

PART II  OTHER INFORMATION

Item
1.               
Legal Proceedings

We currently are not a party to any material legal proceedings
and to our knowledge, no such proceedings are threatened or contemplated.

Item
2.               
Unregistered Sales of Equity Securities and Use of Proceeds

We did not complete any sales of securities without
registration under the Securities Act of 1933during the three months
ended July 31, 2007.

Item
3.               
Defaults Upon Senior Securities

None.

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

No matters were submitted to our security holders for a vote
during the three months ended July 31, 2007.

Item
5.               
Other Information

None

- 7 -

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Item
6.               
Exhibits

The following exhibits are included with this Quarterly Report
on Form 10-QSB:

|Exhibit |                                                                                                                                                                                                                                                  
|------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Number  | Description of Exhibit                                                                                                                                                                                                                           
|        |                                                                                                                                                                                                                                                  
|3.1     | Articles of
        Incorporation (1)                                                                                                                                                                                                            
|        |                                                                                                                                                                                                                                                  
|3.2     | By-Laws (1)                                                                                                                                                                                                                                      
|        |                                                                                                                                                                                                                                                  
|3.3     | Amended and
        Restated By-Laws (2)                                                                                                                                                                                                         
|        |                                                                                                                                                                                                                                                  
|5.1     | Opinion of Lang
        Michener LLP, with consent to use, regarding the legality of the securities
        being registered (1)                                                                                                                 
|        |                                                                                                                                                                                                                                                  
|10.1    | Bill of Sale
        dated June 29, 2006 between Sombrio Capital Corp. and Laurence Sookochoff
        (1)                                                                                                                                       
|        |                                                                                                                                                                                                                                                  
|31.1    | Certification
        of Chief Executive Officer and Chief Financial Officer pursuant to Rule
        13a-14(a) of the Exchange Act (3)                                                                                                          
|        |                                                                                                                                                                                                                                                  
|32.1    | Certification
        of Chief Executive Officer and Chief Financial Officer pursuant to Rule
        13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as adopted pursuant
        to Section 906 of the Sarbanes- Oxley Act of 2002 (3)

|(1) | Filed as an exhibit to our registration statement on Form
      SB-2 filed with the SEC on May 15, 2007
|--- | -------------------------------------------------------------------------------------------------------
|(2) | Filed as an exhibit to our Quarterly Report on Form
      10-QSB filed with the SEC on July 16, 2007.  
|(3) | Filed as an exhibit to this Quarterly Report on Form
      10-QSB.                                     

- 8 -

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SIGNATURES

In accordance with the requirements of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

SOMBRIO CAPITAL CORP.

By:     
 /s/ Derek Page           
______________________________           
Derek
Page            
Chief Executive Officer and Chief Financial Officer

Date: September 20, 2007

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