UNITED STATESSECURITIES AND EXCHANGE
COMMISSIONWashington, D.C.  20549 Form 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION
13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the
quarterly period ended June 30, 2008 [  ] TRANSITION REPORT PURSUANT TO SECTION
13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file
number  000-52745 TECKMINE
INDUSTRIES, INC.(Exact name of
registrant as specified in its charter)  Nevada

98-0534859(State or
other jurisdiction of incorporation or organization)

(IRS Employer
Identification No.)  Suite 239 
280 Nelson Street, Vancouver, British Columbia, Canada V6B
2E2(Address of
principal executive offices)   (zip
code)  778.737.0389(Registrants
telephone number, including area code)  Not
Applicable(Former name,
former address and former fiscal year, if changed since last
report) Indicate by check mark whether
the registrant (1) has filed all reports required to be filed by Section 13 or
15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the 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 large accelerated filer, an accelerated filer, a
non-accelerated filer, or a smaller reporting company. See definitions of large
accelerated filer, accelerated filer, and smaller reporting company in Rule
12b-2 of the Exchange Act. (Check one): Large accelerated filer
[  ]
Accelerated filer
[  ]Non-accelerated filer
[  ]
Smaller reporting company
[X](Do not check if a smaller reporting company)  Indicate by check
mark whether the registrant is a shell company (as defined in Rule 12b-2 of the
Exchange Act). Yes [X]   No [  ] APPLICABLE ONLY
TO CORPORATE ISSUERS Indicate the number
of shares outstanding of each of the issuers classes of common stock, as of the
latest practicable date: 19,506,304 common
shares issued and outstanding as of August 1, 2008       - 2 -  PART I  -
 FINANCIAL INFORMATION Item 1.  Financial
Statements. Our financial statements are
stated in United States dollars and are prepared in accordance with United
States generally accepted accounting principles. It is the
opinion of management that the interim financial statements for the quarter
ended June 30, 2008 include all adjustments necessary in order to ensure that
the interim financial statements are not misleading.          Teckmine Industries Inc.(An
Exploration Stage Company)June 30, 2008(unaudited) Index Balance Sheets
F1Statements of Operations
F2Statements of Cash Flows
F3Notes to
the Financial Statements
F4           F-1  Teckmine Industries, Inc.(An
Exploration Stage Company)Balance
Sheets(expressed in U.S. dollars)  June 30,
2008$
December 31,2007$(unaudited)ASSETSCurrent AssetsCash
14,496
21,808Total Assets
14,496
21,808LIABILITIES AND STOCKHOLDERS DEFICITCurrent LiabilitiesAccounts payable
10,624
5,194Accrued liabilities
2,314
4,597Due to related parties (Note
4(b))
85,499
67,800Total Liabilities
98,437
77,591Contingencies and Commitments (Note 1 and 3)Stockholders DeficitCommon stock:
100,000,000 shares authorized,
$0.001 par value;
19,506,304 shares issued and
outstanding
19,506
19,506Additional paid-in
capital
52,553
52,553Donated capital (Note
4(a))
36,750
32,250Deficit accumulated during the
exploration stage
(192,750)
(160,092)Total Stockholders Deficit
(83,941)
(55,783)Total Liabilities and Stockholders Deficit
14,496
21,808 (The Accompanying
Notes are an Integral Part of the Financial Statements)      F-2  Teckmine Industries, Inc.(An
Exploration Stage Company)Statements of
Operations(expressed in U.S.
dollars)(unaudited)     Accumulated from
For the
For the
For the
For theMay 19, 2004
Three Months
Three Months
Six Months
Six Months(Date of  Inception)
Ended
Ended
Ended
EndedTo June 30,
June 30,
June 30,
June 30,
June 30,2008
2008
2007
2008
2007$
$
$
$
$Revenue




ExpensesGeneral and administrative (Note
4(a))
133,064
16,848
24,289
32,658
35,592Impairment of mineral property costs
55,000

11,996

11,996Mineral property costs
4,686



Total Expenses
192,750
16,848
36,285
32,658
47,588Net Loss
(192,750)
(16,848)
(36,285)
(32,658)
(47,588)Net Loss Per Share  Basic and Diluted




Weighted Average Shares Outstanding

19,506,304
19,506,304
19,506,304
19,506,304  (The Accompanying Notes are an Integral Part
of the Financial Statements)       F-3  Teckmine Industries, Inc.(An
Exploration Stage Company)Statements of
Cash Flows(expressed in U.S. dollars)(unaudited)  For the
For theSix Months
Ended
Six Months
EndedJune 30,
June 30,2008
$
2007
$Operating ActivitiesNet loss for the period

(32,658)
(47,588)Adjustment to reconcile net loss to cash used in
operating activities:Donated services and
rent

4,500
4,500Impairment of mineral property
costs


11,996Changes in operating assets and liabilities:Prepaid expenses


154Accounts payable

5,430
Accrued liabilities

(2,283)
12,863Net Cash Used in Operating Activities

(25,011)
(18,075)Investing ActivitiesMineral property costs


(11,996)Net Cash Flows Used in Investing Activities


(11,996)Financing ActivitiesAdvances from related
parties

17,699
13,200Proceeds from issuance of
common stock


130Net Cash Flows Provided by Financing
Activities

17,699
13,330Decrease In Cash

(7,312)
(16,741)Cash  Beginning of Period

21,808
27,999Cash  End of Period

14,496
11,258Supplemental DisclosuresInterest paid


Income taxes paid


 (The Accompanying
Notes are an Integral Part of the Financial Statements)     F-4  Teckmine Industries, Inc.(An Exploration Stage Company)Notes to the Financial Statements(expressed
in U.S. dollars)(Unaudited)  1. Nature of Operations and Continuance
of Business  The Company was incorporated in the State of Nevada on May 19,
2004. The Company has an option to acquire a 50% interest in a mineral property
located in British Columbia, Canada. The Company is an Exploration Stage
Company, as defined by Statement of Financial Accounting Standard (SFAS) No.7,
Accounting and Reporting by Development Stage Enterprises. The Companys
principal business is the acquisition and exploration of mineral resources. The
Company has not presently determined whether its properties contain mineral
reserves that are economically recoverable. These financial statements have been prepared on a going concern
basis, which implies the Company will continue to realize its assets and
discharge its liabilities in the normal course of business. The Company has
never generated revenues since inception and has never paid any dividends and is
unlikely to pay dividends or generate earnings in the immediate or foreseeable
future. The continuation of the Company as a going concern is dependent upon the
continued financial support from its shareholders, the ability of the Company to
obtain necessary equity financing to continue operations, confirmation of the
Companys interests in the underlying properties, and the attainment of
profitable operations. As at June 30, 2008, the Company has a working capital
deficiency of $83,941, has not generated any revenue, and has accumulated losses
of $192,750 since inception. These financial statements do not include any
adjustments to the recoverability and classification of recorded asset amounts
and classification of liabilities that might be necessary should the Company be
unable to continue as a going concern. These factors raise substantial doubt
regarding the Companys ability to continue as a going concern. During the next twelve months, the Company estimates its operating
and working capital requirements to be $365,000. The Company will require
significant additional financings in order to pursue exploration activities.
There is no assurance that the Company will be able to obtain the necessary
financings to complete its objectives  2. Summary of Significant Accounting
Policies  (a) Basis of Accounting  These financial statements and related notes are presented in
accordance with accounting principles generally accepted in the United States.
The Companys fiscal year end is December 31.  (b) Interim financial statements These interim unaudited financial statements have been prepared on
the same basis as the annual financial statements and in the opinion of
management, reflect all adjustments, which include only normal recurring
adjustments, necessary to present fairly the Companys financial position,
results of operations and cash flows for the periods shown. The results of
operations for such periods are not necessarily indicative of the results
expected for a full year or for any future period. (c) Use of Estimates  The preparation of financial statements in conformity with U.S.
generally accepted accounting principles requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the
reporting period. The Company regularly evaluates estimates and assumptions
related to the recoverability of long-lived assets, donated expenses and
deferred income tax asset valuation allowances. The Company bases its estimates
and assumptions on current facts, historical experience and various other
factors that it believes to be reasonable under the circumstances, the results
of which form the basis for making judgments about the carrying values of assets
and liabilities and the accrual of costs and expenses that are not readily
apparent from other sources. The actual results experienced by the Company may
differ materially and adversely from the Companys estimates. To the extent
there are material differences between the estimates and the actual results,
future results of operations will be affected.  (d) Cash and Cash Equivalents  The Company
considers all highly liquid instruments with a maturity of three months or less
at the time of issuance to be cash equivalents.       F-5 Teckmine Industries, Inc.(An Exploration Stage Company)Notes
to the Financial Statements(expressed in U.S.
dollars)(Unaudited) 2. Summary of Significant Accounting
Policies (continued)  (e) Foreign Currency
Translation The Companys functional and reporting currency is the United
States dollar. Occasional transactions may occur in Canadian dollars and
management has adopted SFAS No. 52, Foreign Currency Translation. Monetary
assets and liabilities denominated in foreign currencies are translated using
the exchange rate prevailing at the balance sheet date. Non-monetary assets and
liabilities denominated in foreign currencies are translated at rates of
exchange in effect at the date of the transaction. Average monthly rates are
used to translate revenues and expenses. Gains and losses arising on translation
or settlement of foreign currency denominated transactions or balances are
included in the determination of income. The Company has not, to the date of
these financial statements, entered into derivative instruments to offset the
impact of foreign currency fluctuations. (f) Financial
Instruments  The fair values of financial instruments, which consist of cash,
accounts payable, accrued liabilities, and due to related parties approximate
their carrying values due to the relatively short maturity of these
instruments. (g) Income Taxes  The Company accounts for income taxes using the asset and
liability method in accordance with SFAS No. 109, Accounting for Income Taxes.
The asset and liability method provides that deferred tax assets and liabilities
are recognized for the expected future tax consequences of temporary differences
between the financial reporting and tax bases of assets and liabilities, and for
operating loss and tax credit carryforwards. Deferred tax assets and liabilities
are measured using the currently enacted tax rates and laws that will be in
effect when the differences are expected to reverse. The Company records a
valuation allowance to reduce deferred tax assets to the amount that is believed
more likely than not to be realized.   (h) Mineral Property
Costs  The Company has been in the exploration stage since its formation
on May 19, 2004 and has not yet realized any revenues from its planned
operations. It is primarily engaged in the acquisition and exploration of mining
properties. Mineral property exploration costs are expensed as incurred. Mineral
property acquisition costs are initially capitalized when incurred using the
guidance in EITF 04-02, Whether Mineral Rights Are Tangible or Intangible
Assets. The Company assesses the carrying costs for impairment under SFAS
No.144, Accounting for Impairment or Disposal of Long Lived Assets at each
fiscal quarter end. When it has been determined that a mineral property can be
economically developed as a result of establishing proven and probable reserves,
the costs then incurred to develop such property, are capitalized. Such costs
will be amortized using the units-of-production method over the estimated life
of the probable reserve. If mineral properties are subsequently abandoned or
impaired, any capitalized costs will be charged to operations.  (i) Long-lived Assets  In accordance with SFAS No. 144, Accounting for the Impairment or
Disposal of Long-Lived Assets, the carrying value of long-lived assets is
reviewed on a regular basis for the existence of facts or circumstances that may
suggest impairment. The Company recognizes impairment when the sum of the
expected undiscounted future cash flows is less than the carrying amount of the
asset. Impairment losses, if any, are measured as the excess of the carrying
amount of the asset over its estimated fair value. (j) Asset Retirement
Obligations The Company follows the provisions of SFAS No. 143, "Accounting
for Asset Retirement Obligations," which establishes standards for the initial
measurement and subsequent accounting for obligations associated with the sale,
abandonment or other disposal of long-lived tangible assets arising from the
acquisition, construction or development and for normal operations of such
assets.     F-6  Teckmine Industries, Inc.(An
Exploration Stage Company)Notes to the Financial Statements(expressed in
U.S. dollars)(Unaudited) 2. Summary of Significant Accounting
Policies (continued)  (k) Earnings Per
Share  The Company computes net earnings (loss) per share in accordance
with SFAS No. 128, "Earnings per Share". SFAS No. 128 requires presentation of
both basic and diluted earnings per share (EPS) on the face of the income
statement. Basic EPS is computed by dividing net earnings (loss) available to
common shareholders (numerator) by the weighted average number of common shares
outstanding (denominator) during the period. Diluted EPS gives effect to all
dilutive potential common shares outstanding during the period including stock
options, using the treasury stock method, and convertible preferred stock, using
the if-converted method. In computing diluted EPS, the average stock price for
the period is used in determining the number of shares assumed to be purchased
from the exercise of stock options or warrants. Diluted EPS excludes all
dilutive potential common shares if their effect is anti-dilutive.  (l) Comprehensive
Income  SFAS No. 130, Reporting Comprehensive Income establishes
standards for the reporting and display of comprehensive income and its
components in the financial statements. As at June 30, 2008 and 2007, the
Company has no items that represent comprehensive income and, therefore, has not
included a schedule of comprehensive income in the financial statements. (m) Recent Accounting
Pronouncements In May 2008, the Financial Accounting Standards Board (FASB)
issued SFAS No. 163, Accounting for Financial Guarantee Insurance Contracts 
An interpretation of FASB Statement No. 60. SFAS No. 163 requires that an
insurance enterprise recognize a claim liability prior to an event of default
when there is evidence that credit deterioration has occurred in an insured
financial obligation. It also clarifies how Statement 60 applies to financial
guarantee insurance contracts, including the recognition and measurement to be
used to account for premium revenue and claim liabilities, and requires expanded
disclosures about financial guarantee insurance contracts. It is effective for
financial statements issued for fiscal years beginning after December 15, 2008,
except for some disclosures about the insurance enterprises risk-management
activities. SFAS No. 163 requires that disclosures about the risk-management
activities of the insurance enterprise be effective for the first period
beginning after issuance. Except for those disclosures, earlier application is
not permitted. The adoption of this statement is not expected to have a material
effect on the Companys financial statements. In May 2008, the FASB issued SFAS No. 162, The Hierarchy of
Generally Accepted Accounting Principles. SFAS 162 identifies the sources of
accounting principles and the framework for selecting the principles to be used
in the preparation of financial statements of nongovernmental entities that are
presented in conformity with generally accepted accounting principles in the
United States. It is effective 60 days following the SECs approval of the
Public Company Accounting Oversight Board amendments to AU Section 411, The
Meaning of Present Fairly in Conformity With Generally Accepted Accounting
Principles. The adoption of this statement is not expected to have a material
effect on the Companys financial statements. In March 2008, the FASB issued SFAS No. 161, Disclosures about
Derivative Instruments and Hedging Activities  an amendment to FASB Statement
No. 133. SFAS No. 161 is intended to improve financial standards for derivative
instruments and hedging activities by requiring enhanced disclosures to enable
investors to better understand their effects on an entity's financial position,
financial performance, and cash flows. Entities are required to provide enhanced
disclosures about: (a) how and why an entity uses derivative instruments; (b)
how derivative instruments and related hedged items are accounted for under
Statement 133 and its related interpretations; and (c) how derivative
instruments and related hedged items affect an entitys financial position,
financial performance, and cash flows. It is effective for financial statements
issued for fiscal years beginning after November 15, 2008, with early adoption
encouraged. The adoption of this statement is not expected to have a material
effect on the Companys financial statements.       F-7  Teckmine Industries, Inc.(An Exploration Stage
Company)Notes to the Financial Statements(expressed in U.S.
dollars)(Unaudited) 2. Summary of Significant Accounting
Policies (continued) (m) Recent Accounting
Pronouncements (continued) In December 2007, the FASB issued SFAS No. 141 (revised 2007),
Business Combinations. This statement replaces SFAS No. 141 and defines the
acquirer in a business combination as the entity that obtains control of one or
more businesses in a business combination and establishes the acquisition date
as the date that the acquirer achieves control. SFAS No. 141 (revised 2007)
requires an acquirer to recognize the assets acquired, the liabilities assumed,
and any noncontrolling interest in the acquiree at the acquisition date,
measured at their fair values as of that date. SFAS No. 141 (revised 2007) also
requires the acquirer to recognize contingent consideration at the acquisition
date, measured at its fair value at that date. This statement is effective for
fiscal years, and interim periods within those fiscal years, beginning on or
after December 15, 2008. Earlier adoption is prohibited. The adoption of this
statement is not expected to have a material effect on the Company's financial
statements. In December 2007, the FASB issued SFAS No. 160, Noncontrolling
Interests in Consolidated Financial Statements Liabilities an Amendment of ARB
No. 51.  This statement amends ARB 51 to establish accounting and
reporting standards for the Noncontrolling interest in a subsidiary and for the
deconsolidation of a subsidiary. This statement is effective for fiscal years,
and interim periods within those fiscal years, beginning on or after December
15, 2008. Earlier adoption is prohibited. The adoption of this statement is not
expected to have a material effect on the Company's financial statements. In February 2007, the FASB issued SFAS No. 159, The Fair Value
Option for Financial Assets and Financial Liabilities  Including an Amendment
of FASB Statement No. 115. This statement permits entities to choose to measure
many financial instruments and certain other items at fair value. Most of the
provisions of SFAS No. 159 apply only to entities that elect the fair value
option. However, the amendment to SFAS No. 115 Accounting for Certain
Investments in Debt and Equity Securities applies to all entities with
available-for-sale and trading securities. SFAS No. 159 is effective as of the
beginning of an entitys first fiscal year that begins after November 15, 2007.
The adoption of this statement did not have a material effect on the Company's
financial statements. In September 2006, the FASB issued SFAS No. 157, Fair Value
Measurements. The objective of SFAS No. 157 is to increase consistency and
comparability in fair value measurements and to expand disclosures about fair
value measurements. SFAS No. 157 defines fair value, establishes a framework for
measuring fair value in generally accepted accounting principles, and expands
disclosures about fair value measurements. SFAS No. 157 applies under other
accounting pronouncements that require or permit fair value measurements and
does not require any new fair value measurements. The provisions of SFAS No. 157
are effective for fair value measurements made in fiscal years beginning after
November 15, 2007. The adoption of this statement did not have a material effect
on the Company's future reported financial position or results of
operations. 3. Mineral Property  The Company entered into an agreement dated November 10, 2004
whereby the Company was granted an option in consideration for $22,500 (paid) to
acquire a 50% interest in a mineral property located in British Columbia,
Canada. The Company may exercise the option by incurring a minimum of $250,000
of exploration expenditures on the property prior to May 10, 2006. In fiscal
2006, the Company negotiated to extend the terms of the agreement by a further
12 months by paying an additional $10,000. On May 9, 2007, the Company extended
the terms of the mineral property option agreement for a further 18-month
extension to November 9, 2008 by paying an additional $22,500. As at December
31, 2007, the Company recognized an impairment of $22,500 (2006 - $10,000) as it
had not yet been determined whether there are proven or probable reserves on the
property 4. Related Party Transactions  (a) For the six months
ended June 30, 2008, the Company recognized $3,000 (2007 - $3,000) for donated
services at $500 per month and $1,500 (2007 - $1,500) for donated rent at $250
per month provided by the President of the Company. (b) As at June 30, 2008,
the total amount of $85,499 (December 31, 2007 - $67,800) is owed to the
President of the Company, a director and two shareholders. The amounts due are
non-interest bearing, unsecured and due on demand.       - 4 -  Item 2.
 Managements Discussion and Analysis of Financial Condition and Results of
Operations. FORWARD-LOOKING
STATEMENTS This
quarterly report contains forward-looking statements as that term is defined in
section 27A of the United States Securities Act of 1933 and section 21E of the
United States Securities Exchange Act of 1934.  These statements relate to
future events or our future financial performance. In some cases, you can
identify forward-looking statements by terminology such as may, should,
expects, plans, anticipates, believes, estimates, predicts,
potential or continue or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors, including the risks in the section
entitled Risk Factors, that may cause our or our industrys actual results,
levels of activity, performance or achievements to be materially different from
any future results, levels of activity, performance or achievements expressed or
implied by these forward-looking statements. Although we
believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity, performance
or achievements. Except as required by applicable law, including the securities
laws of the United States, we do not intend to update any of the forward-looking
statements to conform these statements to actual results. Our unaudited
financial statements are stated in United States dollars and are prepared in
accordance with United States generally accepted accounting principles. The
following discussion should be read in conjunction with our financial statements
and the related notes that appear elsewhere in this quarterly report. The
following discussion contains forward-looking statements that reflect our plans,
estimates and beliefs. Our actual results could differ materially from those
discussed in the forward looking statements. Factors that could cause or
contribute to such differences include those discussed in this quarterly report,
particularly in the section entitled Risk Factors.  In this quarterly
report, unless otherwise specified, all dollar amounts are expressed in United
States dollars and all references to common shares refer to the common shares
in our capital stock. As used in
this quarterly report, the terms we, us, our and Teckmine mean Teckmine
Industries, Inc., unless otherwise indicated. Overview We are an
exploration stage company engaged in the acquisition, and exploration of mineral
resource properties.  On November 10, 2004, we entered into an option
agreement with Goldbridge Resources Ltd. giving us the right to acquire a 50%
interest in the Pioneer Extension Property.  Prior to the lapse of the
November 10, 2004 agreement, we entered into a subsequent option agreement dated
May 9, 2007 on substantially the same terms as the previous agreement.The Pioneer Extension Property is located in south-western British
Columbia, approximately 165 kilometers north-northeast of  the city of
Vancouver, British Columbia in an area known as the Lillooet Mining Division.
 We have not found any mineral deposits on the Pioneer Extension Property
and we can make no assurances relating to whether any mineral deposits will be
found.  We intend to explore the Pioneer Extension Property for any
commercially exploitable mineral deposits and to exploit any mineral deposits we
discover or sell or otherwise assign the rights to a third party. Mineral
property exploration is typically conducted in phases.  Each subsequent
phase of exploration work is recommended by a geologist based on the results
from the most recent phase of exploration.  We have not yet commenced the
initial phase of exploration on the Pioneer Extension Property.  Once we
complete each phase of exploration, we will make a decision as to whether or not
we will proceed with each successive phase based upon the analysis of the
results of that program.  Our board of directors will make these decisions
based upon the recommendations of the independent geologist who will oversee the
program and record the results. Our principal
executive offices are located at Suite 239  280 Nelson Street, Vancouver,
British Columbia, Canada V6B 2E2.  Our telephone number is (778)
737-0389.       - 5 -  Results of Operations Our plan of
operation is to conduct an exploration program on the Pioneer Extension Property
in order to ascertain whether it possesses commercially exploitable quantities
of mineral deposits.  Even if we complete our proposed exploration programs
on the Pioneer Extension Property and we are successful in discovering mineral
deposits, we may not find enough to pay our expenses or achieve profitable
operations. There are no
material changes in our results of operations as our results of operations are
consistent with past periods.  We did not generate or realize any revenues
from our business operations and our expenses are related to complying with our
obligations as a reporting company under the Securities Exchange Act of
1934.  These expenses consist primarily of professional fees relating
to the preparation of our financial statements and completed our annual report,
quarterly report and current report filings with the Securities and Exchange
Commission. During the
three months ended June 30, 2008, we incurred expenses of $16,848 compared to
$36,285 during the three months ended June 30, 2007.  The decrease in
expenses during the three months ended June 30, 2008 resulted from decreased
professional fees and because our company incurred an impairment of mineral
property costs amounting to $11,996 during the three months ended June 30, 2007.
 We have not generated any revenue since our inception. During the
six months ended June 30, 2008, we incurred expenses of $32,658 compared to
$47,588 during the six months ended June 30, 2007. As of June
30, 2008, our company had cash of $14,496 and a working capital deficit of
$83,941.  We estimate our operating expenses and working capital
requirements for the next twelve period to be as follows: Estimated Expenses For the Next Twelve
Month PeriodExploration Costs
$
246,000Employee and Consultant
Compensation
$
45,000Professional Fees
$
50,000General and Administrative
Expenses
$
24,000Total
$
365,000 Exploration
Costs We anticipate
implementing a program of exploration within the next twelve months.  We
anticipate that our program of exploration will consist of two stages and will
cost approximately $246,000.  We anticipate that Stage 1 of our program of
exploration will consist of: planning, consultation and implementation of our
program of exploration, line cutting, seismic profiling, an orientation survey,
a geophysical survey and the drafting of a report that will outline our
findings.  We anticipate that Stage II of our program of exploration will
consist of the planning, consultation and implementation of our program of
exploration, a geophysical a orientation survey, a geochemical survey, an
anomaly investigation and the drafting of a report that will outline our
findings. Estimated Costs
of our Program of Exploration Stage I
CostThe planning, consultation
and implementation of our program of exploration
$10,000Line cutting
$15,000Seismic profiling
$15,000Orientation survey
$6,000Geophysical survey
$70,000Report
$5,000Total
$121,000       - 6 -   Stage IIThe planning, consultation
and implementation of our program of exploration
$10,000Geophysical orientation
survey
$5,000Geochemical survey
$50,000Anomaly
investigations
$50,000Report
$10,000Total
$125,000 Employee and Consultant
Compensation Given the
early stage of our development and exploration properties, we intend to continue
to outsource our professional and personnel requirements by retaining
consultants on an as needed basis.  We estimate that our consultant and
related professional compensation expenses for the next twelve month period will
be approximately $45,000. Professional Fees We incur
on-going legal, accounting and audit fees necessary to comply with our reporting
responsibilities as a public company with a class of securities registered under
the Securities Exchange Act of 1934.  We estimate that such expenses for
the next twelve month period will be $50,000. General and
Administrative Expenses We anticipate
spending $24,000 on general and administrative costs in the next twelve month
period.  Management anticipates these costs will primarily consist of
expenses such as office supplies, filing fees and transfer agent fees following
the appointment of our transfer agent. Liquidity and Capital
Resources We had cash
of $14,496 as of June 30, 2008 compared to cash of $21,808 as of December 31,
2007.  We had a working capital deficit of $83,941 as of June 30, 2008
compared to working capital deficit of $55,783 as of December 31, 2007.  We
have suffered recurring losses from inception.  The ability of our company
to meet our financial liabilities and commitments is primarily dependent upon
the continued financial support of our directors and shareholders, the continued
issuance of equity to new shareholders, and our ability to achieve and maintain
profitable operations. Management
believes that our companys cash balance will not be sufficient to meet our
working capital requirements for the next twelve month period.  We estimate
that we will require $365,000 over the next twelve month period to fund our plan
of operations and at least $83,941 to eliminate our working capital deficiency.
 Our company plans to raise the capital required to satisfy our immediate
short-term needs and additional capital required to meet our estimated funding
requirements for the next twelve months primarily through the private placement
of our equity securities.  There is no assurance that our company will be
able to obtain further funds required for our continued working capital
requirements. Operating Activities Operating
activities used cash of $25,011 during the six months ended June 30, 2008 as
compared to $18,075 during the six months ended June 30, 2007. Financing Activities Financing
activities provided cash of $17,699 during the six months ended June 30, 2008 as
compared to $13,330 during the six months ended June 30, 2007.  Cash
provided from financing activities during the six months ended June 30,      - 7 -  2008 resulted from advances from related parties whereas
cash provided from financing activities during the six months ended June 30,
2007 resulted from the issuance of common shares. Investing Activities Investing
activities provided cash of $nil during the six months ended June 30, 2008 and
an impairment of mineral property costs used cash of $11,996 during the six
months ended June 30, 2007. Going Concern There is
substantial doubt about our ability to continue as a going concern as the
continuation of our business is dependent upon obtaining further long-term
financing, successful exploration of our property interests, the identification
of reserves sufficient enough to warrant development, successful development of
our property interests and, finally, achieving a profitable level of operations.
 The issuance of additional equity securities by us could result in a
significant dilution in the equity interests of our current stockholders.
 Obtaining commercial loans, assuming those loans would be available, will
increase our liabilities and future cash commitments. Due to the
uncertainty of our ability to meet our current operating and capital expenses,
in their report on our audited financial statements for the year ended December
31, 2007, our independent auditors included an explanatory paragraph regarding
substantial doubt about our ability to continue as a going concern.  Our
statements contain additional note disclosures describing the circumstances that
lead to this disclosure by our independent auditors.  Application of Critical
Accounting Policies Our financial
statements and accompanying notes are prepared in accordance with generally
accepted accounting principles used in the United States.  Preparing
financial statements requires management to make estimates and assumptions that
affect the reported amounts of assets, liabilities, revenue, and expenses. These
estimates and assumptions are affected by managements application of accounting
policies.  We believe that understanding the basis and nature of the
estimates and assumptions involved with the following aspects of our financial
statements is critical to an understanding of our financials. Mineral Property
Costs We have been
in the exploration stage since our formation on May 19, 2004 and have not yet
realized any revenues from our planned operations. We are primarily engaged in
the acquisition and exploration of mining properties. Mineral property
exploration costs are expensed as incurred. Mineral property acquisition costs
are initially capitalized when incurred using the guidance in EITF 04-02,
Whether Mineral Rights Are Tangible or Intangible Assets. Our company assesses
the carrying costs for impairment under SFAS No.144, Accounting for Impairment
or Disposal of Long Lived Assets at each fiscal quarter end. When it has been
determined that a mineral property can be economically developed as a result of
establishing proven and probable reserves, the costs then incurred to develop
such property, are capitalized. Such costs will be amortized using the
units-of-production method over the estimated life of the probable reserve. If
mineral properties are subsequently abandoned or impaired, any capitalized costs
will be charged to operations. Long-lived Assets In accordance
with SFAS No. 144, Accounting for the Impairment or Disposal of Long-Lived
Assets, the carrying value of long-lived assets is reviewed on a regular basis
for the existence of facts or circumstances that may suggest impairment.
 Our company recognizes impairment when the sum of the expected
undiscounted future cash flows is less than the carrying amount of the asset.
 Impairment losses, if any, are measured as the excess of the carrying
amount of the asset over its estimated fair value. Recent Accounting
Pronouncements In May 2008, the Financial
Accounting Standards Board (FASB) issued SFAS No. 163, Accounting for
Financial Guarantee Insurance Contracts  An interpretation of FASB Statement
No. 60. SFAS No. 163 requires that an insurance enterprise recognize a claim
liability prior to an event of default when there is evidence that credit
deterioration has occurred in an insured financial obligation. It also clarifies
how Statement 60 applies to financial guarantee insurance contracts, including
the recognition and measurement to be used to account for premium revenue and
claim liabilities, and requires expanded disclosures about financial guarantee
insurance contracts. It is effective for financial statements issued for fiscal
years beginning after December 15, 2008, except for some disclosures about the
insurance enterprises risk-     - 8 -  management activities. SFAS No.
163 requires that disclosures about the risk-management activities of the
insurance enterprise be effective for the first period beginning after issuance.
Except for those disclosures, earlier application is not permitted. The adoption
of this statement is not expected to have a material effect on our companys
financial statements. In May 2008, the FASB issued
SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles. SFAS
162 identifies the sources of accounting principles and the framework for
selecting the principles to be used in the preparation of financial statements
of nongovernmental entities that are presented in conformity with generally
accepted accounting principles in the United States. It is effective 60 days
following the SECs approval of the Public Company Accounting Oversight Board
amendments to AU Section 411, The Meaning of Present Fairly in Conformity With
Generally Accepted Accounting Principles. The adoption of this statement is not
expected to have a material effect on our companys financial statements. In March 2008, the FASB issued
SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities 
an amendment to FASB Statement No. 133. SFAS No. 161 is intended to improve
financial standards for derivative instruments and hedging activities by
requiring enhanced disclosures to enable investors to better understand their
effects on an entity's financial position, financial performance, and cash
flows. Entities are required to provide enhanced disclosures about: (a) how and
why an entity uses derivative instruments; (b) how derivative instruments and
related hedged items are accounted for under Statement 133 and its related
interpretations; and (c) how derivative instruments and related hedged items
affect an entitys financial position, financial performance, and cash flows. It
is effective for financial statements issued for fiscal years beginning after
November 15, 2008, with early adoption encouraged. The adoption of this
statement is not expected to have a material effect on our companys financial
statements. In December 2007, the FASB
issued SFAS No. 141 (revised 2007), Business Combinations. This statement
replaces SFAS No. 141 and defines the acquirer in a business combination as the
entity that obtains control of one or more businesses in a business combination
and establishes the acquisition date as the date that the acquirer achieves
control. SFAS No. 141 (revised 2007) requires an acquirer to recognize the
assets acquired, the liabilities assumed, and any noncontrolling interest in the
acquiree at the acquisition date, measured at their fair values as of that date.
SFAS No. 141 (revised 2007) also requires the acquirer to recognize contingent
consideration at the acquisition date, measured at its fair value at that date.
This statement is effective for fiscal years, and interim periods within those
fiscal years, beginning on or after December 15, 2008. Earlier adoption is
prohibited. The adoption of this statement is not expected to have a material
effect on our companys financial statements. In December 2007, the FASB
issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial
Statements Liabilities an Amendment of ARB No. 51.  This statement amends
ARB 51 to establish accounting and reporting standards for the Noncontrolling
interest in a subsidiary and for the deconsolidation of a subsidiary. This
statement is effective for fiscal years, and interim periods within those fiscal
years, beginning on or after December 15, 2008. Earlier adoption is prohibited.
The adoption of this statement is not expected to have a material effect on our
companys financial statements. In February 2007, the FASB
issued SFAS No. 159, The Fair Value Option for Financial Assets and Financial
Liabilities  Including an Amendment of FASB Statement No. 115. This statement
permits entities to choose to measure many financial instruments and certain
other items at fair value. Most of the provisions of SFAS No. 159 apply only to
entities that elect the fair value option. However, the amendment to SFAS No.
115 Accounting for Certain Investments in Debt and Equity Securities applies
to all entities with available-for-sale and trading securities. SFAS No. 159 is
effective as of the beginning of an entitys first fiscal year that begins after
November 15, 2007. The adoption of this statement did not have a material effect
on our companys financial statements. In September 2006, the FASB
issued SFAS No. 157, Fair Value Measurements. The objective of SFAS No. 157 is
to increase consistency and comparability in fair value measurements and to
expand disclosures about fair value measurements. SFAS No. 157 defines fair
value, establishes a framework for measuring fair value in generally accepted
accounting principles, and expands disclosures about fair value measurements.
SFAS No. 157 applies under other accounting pronouncements that require or
permit fair value measurements and does not require any new fair value
measurements. The provisions of SFAS No. 157 are effective for fair value
measurements made in fiscal years beginning after November 15, 2007. The
adoption of this statement did not have a material effect on our companys
future reported financial position or results of operations.      - 9 -  RISK FACTORS  An investment
in our common stock involves a number of very significant risks.  You
should carefully consider the following risks and uncertainties in addition to
other information in this quarterly report in evaluating our company and our
business before purchasing shares of our companys common stock.  Our
business, operating results and financial condition could be seriously harmed
due to any of the following risks.  You could lose all or part of your
investment due to any of these risks.  Risks Related to our
Business Because of the unique
difficulties and uncertainties inherent in mineral exploration ventures, we face
a high risk of business failure. Potential
investors should be aware of the difficulties normally encountered by new
mineral exploration companies and the high rate of failure of such enterprises.
 The likelihood of success must be considered in light of the problems,
expenses, difficulties, complications and delays encountered in connection with
the exploration program that we intend to undertake on the Pioneer Extension
Property and any additional properties that we may acquire.  These
potential problems include unanticipated problems relating to exploration, and
additional costs and expenses that may exceed current estimates.  The
expenditures to be made by us in the exploration of the Pioneer Extension
Property may not result in the discovery of mineral deposits.  Any
expenditures that we may make in the exploration of any other mineral property
that we may acquire may not result in the discovery of any commercially
exploitable mineral deposits.  Problems such as unusual or unexpected
geological formations and other conditions are involved in all mineral
exploration and often result in unsuccessful exploration efforts.  If the
results of our exploration do not reveal viable commercial mineralization, we
may decide to abandon our interests in the Pioneer Extension Property.  If
this happens, our business will likely fail. Because of the speculative
nature of the exploration of mineral properties, there is no assurance that our
exploration activities will result in the discovery of any quantities of mineral
deposits on the Pioneer Extension Property or any other additional properties we
may acquire.  We intend to continue exploration on
the Pioneer Extension Property and we may or may not acquire additional
interests in other mineral properties.  The search for mineral deposits as
a business is extremely risky.  We can provide investors with no assurance
that exploration on the Pioneer Extension Property, or any other property that
we may acquire, will establish that any commercially exploitable quantities of
mineral deposits exist.  Additional potential problems may prevent us from
discovering any mineral deposits.  These potential problems include
unanticipated problems relating to exploration and additional costs and expenses
that may exceed current estimates.  If we are unable to establish the
presence of mineral deposits on the Pioneer Extension Property, our ability to
fund future exploration activities will be impeded, we will not be able to
operate profitably and investors may lose all of their investment in our
company. Because of the inherent
dangers involved in mineral exploration and exploitation, there is a risk that
we may incur liability or damages as we conduct our business. The search
for mineral deposits involves numerous hazards.  As a result, we may become
subject to liability for such hazards, including pollution, cave-ins and other
hazards against which we cannot insure or against which we may elect not to
insure.  At the present time we have no coverage to insure against these
hazards.  The payment of such liabilities may have a material adverse
effect on our financial position. The potential profitability
of mineral ventures depends in part upon factors beyond the control of our
company and even if we discover and exploit mineral deposits, we may never
become commercially viable and we may be forced to cease operations. The
commercial feasibility of an exploration program on a mineral property is
dependent upon many factors beyond our control, including the existence and size
of mineral deposits in the properties we explore, the proximity and capacity of
processing equipment, market fluctuations of prices, taxes, royalties, land
tenure, allowable production and environmental regulation.  These factors
cannot be accurately predicted and any one or a combination of these factors may
result in our company not receiving an adequate return on invested capital.
 These factors may have material and negative effects on our financial
performance and our ability to continue operations.    - 10 -  Exploration and exploitation
activities are subject to comprehensive regulation which may cause substantial
delays or require capital outlays in excess of those anticipated causing an
adverse effect on our company. Exploration
and exploitation activities are subject to federal, provincial, and local laws,
regulations and policies, including laws regulating the removal of natural
resources from the ground and the discharge of materials into the environment.
 Exploration and exploitation activities are also subject to federal,
provincial, and local laws and regulations which seek to maintain health and
safety standards by regulating the design and use of drilling methods and
equipment. Environmental
and other legal standards imposed by federal, provincial, or local authorities
may be changed and any such changes may prevent us from conducting planned
activities or increase our costs of doing so, which would have material adverse
effects on our business.  Moreover, compliance with such laws may cause
substantial delays or require capital outlays in excess of those anticipated,
thus causing an adverse effect on us.  Additionally, we may be subject to
liability for pollution or other environmental damages that we may not be able
to or elect not to insure against due to prohibitive premium costs and other
reasons.  Any laws, regulations or policies of any government body or
regulatory agency may be changed, applied or interpreted in a manner which will
alter and negatively affect our ability to carry on our business. Because the Pioneer Extension
Property may not contain mineral deposits and because we have never made a
profit from our operations, our securities are highly speculative and investors
may lose all of their investment in our company. Our
securities must be considered highly speculative, generally because of the
nature of our business and our early stage of operations.  We currently
only have an interest in the Pioneer Extension Property.  The Pioneer
Extension Property is in the exploration stage only and may not contain mineral
deposits.  We may or may not acquire additional interests in other mineral
properties but we do not have plans to acquire rights in any specific mineral
properties as of the date of this report.  Accordingly, we have not
generated any revenues nor have we realized a profit from our operations to date
and there is little likelihood that we will generate any revenues or realize any
profits in the short term.  Any profitability in the future from our
business will be dependent upon locating and exploiting mineral deposits on the
Pioneer Extension Property or mineral deposits on any additional properties that
we may acquire.  The likelihood of any mineral properties that we may
acquire or have an interest in, including the Pioneer Extension Property,
containing commercially exploitable mineral deposits is extremely remote.
 In all probability, any mineral properties that we may acquire or that we
have an interest in, including the Pioneer Extension Property, do not contain
any commercially exploitable mineral deposits and any funds that we spend on
exploration will be lost.  We may never discover mineral deposits in the
Pioneer Extension Property or any other area, or we may do so and still not be
commercially successful if we are unable to exploit those mineral deposits
profitably.  We may not be able to operate profitably and may have to cease
operations, the price of our securities may decline and investors may lose all
of their investment in our company. As we face intense
competition in the mineral exploration and exploitation industry, we will have
to compete with our competitors for financing and for qualified managerial and
technical employees. The Pioneer
Extension Property is located in southwestern British Columbia, approximately
165 km north-northeast of Vancouver, situated in an area known as the Lillooet
Mining Division.  Our competition in this area includes large established
mining companies with substantial capabilities and with greater financial and
technical resources than we have.  As a result of this competition, we may
have to compete for financing and be unable to acquire financing on terms we
consider acceptable.  We may also have to compete with the other mining
companies in the region for the recruitment and retention of qualified
managerial and technical employees.  If we are unable to successfully
compete for financing or for qualified employees, our exploration programs may
be slowed down or suspended, which may cause us to cease operations as a
company. Weather interruptions in the
Lillooet Mining Division may delay or prevent exploration on the Pioneer
Extension Property. Our proposed
exploration work can be performed approximately only six months a year.
 This is because of extreme winter conditions which exist in the Lillooet
Mining Division between the months of November and April, which may delay or
prevent exploration on the Pioneer Extension Property. We have a history of losses
and have a deficit, which raises substantial doubt about our ability to continue
as a going concern. We have not
generated any revenues since our date of inception and we will continue to incur
operating expenses without revenues until we engage in commercial operations.
 Our net loss for the six month period ended June 30, 2008     - 11 -  was $32,658 and was $90,966 for
the year ended December 31, 2007.  We had cash in the amount of $14,496 as
at June 30, 2008 and $21,808 as at December 31, 2007.  We currently do not
have any operations and we have no income.  We estimate our average monthly
operating expenses to be approximately $30,500 each month.  We cannot
provide assurances that we will be able to successfully explore and develop our
business.  These circumstances raise substantial doubt about our ability to
continue as a going concern as described in an explanatory paragraph to our
independent auditors report on our audited financial statements, dated March
27, 2008.  If we are unable to continue as a going concern, investors will
likely lose all of their investments in our company. Our future is dependent upon
our ability to obtain financing and if we do not obtain such financing, we may
have to cease our exploration activities and investors could lose their entire
investment. There is no
assurance that we will operate profitably or will generate positive cash flow in
the future.  We will require additional financing in order to proceed
beyond the first few months of our exploration program.  We will also
require additional financing for the fees we must pay to maintain our status in
relation to the rights to our properties and to pay the fees and expenses
necessary to become and operate as a public company.  We will also need
more funds if the costs of the exploration of our mineral claims are greater
than we have anticipated.  We will require additional financing to sustain
our business operations if we are not successful in earning revenues.  We
will also need further financing if we decide to obtain additional mineral
properties.  We currently do not have any arrangements for further
financing and we may not be able to obtain financing when required.  Our
future is dependent upon our ability to obtain financing.  If we do not
obtain such financing, our business could fail and investors could lose their
entire investment. Because we may never earn
revenues from our operations, our business may fail. Prior to the
completion of our exploration stage, we anticipate that we will incur increased
operating expenses without realizing any revenues.  We therefore expect to
incur significant losses into the foreseeable future.  We recognize that if
we are unable to generate significant revenues from our exploration for mineral
deposits, we will not be able to earn profits or continue operations.
 There is no history upon which to base any assumption as to the likelihood
that we will prove successful, and we can provide no assurance that we will
generate any revenues or ever achieve profitability.  If we are
unsuccessful in addressing these risks, our business will fail and investors may
lose all of their investment in our company. We have a limited operating
history and if we are not successful in operating our business, then investors
may lose all of their investment in our company. Our company
has a limited operating history and is in the exploration stage.  The
success of our company is significantly dependent on the uncertain events of the
discovery and exploitation of mineral deposits on the Pioneer Extension
Property.  If our business plan is not successful and we are not able to
operate profitably, then our stock may become worthless and investors may lose
all of their investment in our company. Because our directors,
executive  officers, and principal shareholders control a large percentage
of our common stock, such insiders have the ability to influence matters
affecting our shareholders. Our directors
and executive officers, in the aggregate, beneficially own 59.7% of the issued
and outstanding shares of our common stock.  As a result, they have the
ability to influence matters affecting our shareholders, including the election
of our directors, the acquisition or disposition of our assets, and the future
issuance of our shares.  Because our officers, directors and principal
shareholders control such shares, investors may find it difficult to replace our
management if they disagree with the way our business is being operated.
 Because the influence by these insiders could result in management making
decisions that are in the best interest of those insiders and not in the best
interest of the investors, you may lose some or all of the value of your
investment in our common stock. All of our assets and all of
our directors and officers are outside the United States, with the result that
it may be difficult for investors to enforce within the United States any
judgments obtained against us or any of our directors or officers. All of our
assets are located outside the United States and we do not currently maintain a
permanent place of business within the United States.  In addition, all of
our directors and officers are nationals and/or residents of countries other
than the United States, and all or a substantial portion of such persons assets
are located outside the United States.  As a result, it may be difficult
for investors to enforce within the United States any judgments obtained against
us or our officers or directors, including judgments predicated upon the civil
liability provisions of the securities laws of the United States or any state
thereof.  Consequently, you may be effectively prevented from pursuing
remedies under U.S. federal securities laws against them.   - 12 -  Our directors and officers
are engaged in other business activities and accordingly may not devote
sufficient time to our business affairs, which may affect our ability to conduct
operations and generate revenues. Our two
directors and officers are involved in other business activities.  Raymond
Irvine, our president, secretary, treasurer and a director, spends approximately
15 hours, or 33%, of his business time on the management of our company and
Howard Dahl, a director, spends approximately 10 hours, or 20%, of his business
time on the management of our company.  As a result of their other business
endeavors, Mr. Irvine and Mr. Dahl may not be able to devote sufficient time to
our business affairs, which may negatively affect our ability to conduct our
ongoing operations and our ability to generate revenues.  In addition, the
management of our company may be periodically interrupted or delayed as a result
of Mr. Irvines or Mr. Dahls other business interests.  Risks Associated with our
Common Stock Our common stock is illiquid
and shareholders may be unable to sell their shares. Our common stock is currently
quoted on the OTC Bulletin Board.  There is currently a limited market for
our common stock and we can provide no assurance to investors that a market will
develop.  If a market for our common stock does not develop, our
shareholders may not be able to re-sell the shares of our common stock that they
have purchased and they may lose all of their investment.  Public
announcements regarding our company, changes in government regulations,
conditions in our market segment or changes in earnings estimates by analysts
may cause the price of our common shares to fluctuate substantially.  In
addition, stock prices for junior mining companies fluctuate widely for reasons
that may be unrelated to their operating results.  These fluctuations may
adversely affect the trading price of our common shares. We do not intend to pay
dividends on any investment in the shares of stock of our company. We have never
paid any cash dividends and currently do not intend to ever pay any cash
dividends.  To the extent that we require additional funding currently not
provided for in our financing plan, our funding sources may prohibit the payment
of a dividend.  Because we do not intend to declare dividends, any gain on
an investment in our company will need to come through an increase in the
stocks price.  This may never happen and investors may lose all of their
investment in our company. Our stock is a penny stock.
 Trading of our stock may be restricted by the Securities and Exchange
Commissions penny stock regulations, which may limit a shareholders ability to
buy and sell our stock. Our stock is
a penny stock.  The Securities and Exchange Commission has adopted Rule
15g-9 which generally defines penny stock to be any equity security that has a
market price (as defined) less than $5.00 per share or an exercise price of less
than $5.00 per share, subject to certain exceptions.  Our securities are
covered by the penny stock rules, which impose additional sales practice
requirements on broker-dealers who sell to persons other than established
customers and accredited investors.  The term accredited investor
refers generally to institutions with assets in excess of $5,000,000 or
individuals with a net worth in excess of $1,000,000 or annual income exceeding
$200,000 or $300,000 jointly with their spouse.  The penny stock rules
require a broker-dealer, prior to a transaction in a penny stock not otherwise
exempt from the rules, to deliver a standardized risk disclosure document in a
form prepared by the Securities and Exchange Commission which provides
information about penny stocks and the nature and level of risks in the penny
stock market.  The broker-dealer also must provide the customer with
current bid and offer quotations for the penny stock, the compensation of the
broker-dealer and its salesperson in the transaction and monthly account
statements showing the market value of each penny stock held in the customers
account.  The bid and offer quotations, and the broker-dealer and
salesperson compensation information, must be given to the customer orally or in
writing prior to effecting the transaction and must be given to the customer in
writing before or with the customers confirmation.  In addition, the penny
stock rules require that prior to a transaction in a penny stock not otherwise
exempt from these rules, the broker-dealer must make a special written
determination that the penny stock is a suitable investment for the purchaser
and receive the purchasers written agreement to the transaction.  These
disclosure requirements may have the effect of reducing the level of trading
activity in the secondary market for the stock that is subject to these penny
stock rules.  Consequently, these penny stock rules may affect the ability
of broker-dealers to trade our securities.  We believe that the penny stock
rules discourage investor interest in and limit the marketability of our common
stock.    - 13 -  The Financial Industry
Regulatory Authority, or FINRA, has adopted sales practice requirements which
may also limit a stockholders ability to buy and sell our stock. In addition
to the penny stock rules described above, FINRA has adopted rules that require
that in recommending an investment to a customer, a broker-dealer must have
reasonable grounds for believing that the investment is suitable for that
customer.  Prior to recommending speculative low priced securities to their
non-institutional customers, broker-dealers must make reasonable efforts to
obtain information about the customers financial status, tax status, investment
objectives and other information.  Under interpretations of these rules,
FINRA believes that there is a high probability that speculative low priced
securities will not be suitable for at least some customers.  FINRA
requirements make it more difficult for broker-dealers to recommend that their
customers buy our common stock, which may limit your ability to buy and sell our
stock and have an adverse effect on the market for our shares. Item 3.  Quantitative
and Qualitative Disclosures About Market Risk. Not
Applicable Item 4T.  Controls and
Procedures. We maintain
disclosure controls and procedures that are designed to ensure that information
required to be disclosed in our reports filed under the Securities Exchange Act
of 1934, as amended, is recorded, processed, summarized and reported within the
time periods specified in the Securities and Exchange Commissions rules and
forms, and that such information is accumulated and communicated to our
management, including our president (who is acting as our chief executive
officer and chief financial officer) to allow for timely decisions regarding
required disclosure.  In designing and evaluating our disclosure controls
and procedures, our management recognizes that any controls and procedures, no
matter how well designed and operated, can provide only reasonable assurance of
achieving the desired control objectives, and our management is required to
apply its judgment in evaluating the cost-benefit relationship of possible
controls and procedures. As of June
30, 2008, the end of the three month period year covered by this report, we
carried out an evaluation, under the supervision and with the participation of
our management, including our president (who is acting as our chief executive
officer and chief financial officer), of the effectiveness of the design and
operation of our disclosure controls and procedures.  Based on the
foregoing, our president (who is acting as our chief executive officer and chief
financial officer) concluded that our disclosure controls and procedures were
effective as of the end of the period covered by this quarterly report. There have
been no significant changes in our internal controls over financial reporting
that occurred during the quarter ended June 30, 2008 that have materially
affected, or are reasonably likely to materially affect, our internal controls
over financial reporting. PART II  -
 OTHER INFORMATION Item 1.  Legal
Proceedings. We know of no
material, active or pending legal proceedings against our company, nor are we
involved as a plaintiff in any material proceeding or pending litigation.
 There are no proceedings in which any of our directors, officers or
affiliates, or any registered or beneficial shareholder, is an adverse party or
has a material interest adverse to our interest. Item 2.  Unregistered
Sales of Equity Securities and Use of Proceeds None. Item 3.  Defaults Upon
Senior Securities. None. Item 4.  Submission of
Matters to a Vote of Security Holders. None.       - 14 -  Item 5.  Other
Information None. Item 6.  Exhibits. ExhibitNumber
Description3.0
(i) Articles of
Incorporation; and (ii) Bylaws3.1
Articles of Incorporation
(incorporated by reference from our Registration Statement on Form SB-2
filed on May 15, 2007)3.2
Bylaws (incorporated by
reference from our Registration Statement on Form SB-2 filed on May 15,
2007)10.0
Material
Contracts10.1
Option Agreement dated May
9, 2007 between Teckmine Industries, Inc. and Goldbridge Resources Ltd.
(incorporated by reference from our Registration Statement on Form SB-2
filed on May 15, 2007)(31)
Rule
13a-14(a)/15d-14(a) Certifications31.1*
Section 302 Certification under
Sarbanes-Oxley Act of 2002 of Raymond Irvine(32)
Section 1350
Certifications32.1*
Section 906 Certification under
Sarbanes-Oxley Act of 2002 · Filed herewith.           SIGNATURES Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized. TECKMINE INDUSTRIES,
INC. /s/ Raymond
Irvine Raymond IrvinePresident,
Secretary, Treasurer and Director(Principal Executive Officer, Principal
Financial Officer and Principal Accounting Officer)Dated:  August 14,
2008