UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q
                 Quarterly Report under Section 13 or 15 (d) of
                         Securities Exchange Act of 1934

                  For the quarterly period ended June 30, 2010

                        Commission File Number 333-144840


                             NORTHERN MINERALS INC.
                 (Name of small business issuer in its charter)

        Nevada                                                  20-8624019
(State of incorporation)                                (IRS Employer ID Number)

                                167 Caulder Drive
                        Oakville, Ontario, Canada L6J 4T2
                                 (905) 248-3277
          (Address and telephone number of principal executive offices)

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 has submitted electronically and
posted on its corporate Web site, if any, every Interactive Data File required
to be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of
this chapter) during the preceding 12 months (or for such shorter period that
the registrant was required to submit and post such files). 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 [ ]

There were 5,400,000 shares of Common Stock outstanding as of August 16, 2010.

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer or a smaller reporting company.

Large accelerated filer [ ]                        Accelerated Filer [ ]

Non-accelerated filer [ ]                          Smaller reporting company [X]
(Do not check if Smaller reporting company)
<PAGE>
ITEM 1. FINANCIAL STATEMENTS.

The un-audited quarterly financial statements for the period ended June 30,
2010, prepared by the company, immediately follow.



                                       2
<PAGE>
                             NORTHERN MINERALS INC.
                         (An Exploration Stage Company)
                                 Balance Sheet
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                    As of              As of
                                                                   June 30,           March 31,
                                                                     2010               2010
                                                                   --------           --------
<S>                                                                <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                             $    233           $    248
                                                                   --------           --------
TOTAL CURRENT ASSETS                                                    233                248
                                                                   --------           --------

                                                                   $    233           $    248
                                                                   ========           ========

                       LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts Payable                                                    4,620                 --
  Loan from a director                                               15,700             15,700
                                                                   --------           --------
TOTAL CURRENT LIABILITIES                                            20,320             15,700

      TOTAL LIABILITIES                                              20,320             15,700

STOCKHOLDERS' EQUITY
  Common stock, ($0.001 par value, 75,000,000 shares
   authorized; 5,400,000 shares issued and outstanding
   as at June 30, 2010 and March 31, 2010                             5,400              5,400
  Additional paid-in capital                                         51,600             51,600
  Deficit accumulated during exploration stage                      (77,087)           (72,452)
                                                                   --------           --------
TOTAL STOCKHOLDERS' EQUITY                                          (20,087)           (15,452)
                                                                   --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                     $    233           $    248
                                                                   ========           ========
</TABLE>


                        See Notes to Financial Statements

                                       3
<PAGE>
                             NORTHERN MINERALS INC.
                         (An Exploration Stage Company)
                             Statement of Operations
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                          March 5, 2007
                                                Three Months         Three Months          (inception)
                                                   Ended                Ended               through
                                                  June 30,             June 30,             June 30,
                                                    2010                 2009                 2010
                                                 ----------           ----------           ----------
<S>                                              <C>                  <C>                  <C>
REVENUES
  Revenues                                       $       --           $       --           $       --
                                                 ----------           ----------           ----------
TOTAL REVENUES                                           --                   --                   --

EXPENSES
  Professional Fees                                   4,000                4,000               30,000
  General & Administrative Expenses                     635                   50               47,087
                                                 ----------           ----------           ----------
TOTAL GENERAL & ADMINISTRATIVE EXPENSES              (4,635)              (4,050)             (77,087)
                                                 ----------           ----------           ----------

NET INCOME (LOSS)                                $   (4,635)          $   (4,050)          $  (77,087)
                                                 ==========           ==========           ==========

BASIC EARNINGS PER SHARE                         $    (0.00)          $    (0.00)
                                                 ==========           ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                        5,400,000            5,400,000
                                                 ==========           ==========
</TABLE>


                        See Notes to Financial Statements

                                       4
<PAGE>
                             NORTHERN MINERALS INC.
                         (An Exploration Stage Company)
                             Statement of Cash Flows
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                      March 5, 2007
                                                                Three Months       Three Months        (inception)
                                                                   Ended              Ended             through
                                                                  June 30,           June 30,           June 30,
                                                                    2010               2009               2010
                                                                  --------           --------           --------
<S>                                                               <C>                <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                               $ (4,635)          $ (4,050)          $(77,087)
  Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:

  Changes in operating assets and liabilities:
    Increase (decrease) in Accounts Payable                          4,620                 --              4,620
    Increase (decrease) in Loan from a director                         --              6,000             15,700
                                                                  --------           --------           --------
          NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES          (15)             1,950            (56,767)

CASH FLOWS FROM INVESTING ACTIVITIES

          NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES           --                 --                 --

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of common stock                                              --                 --              5,400
  Additional paid-in capital                                            --                 --             51,600
                                                                  --------           --------           --------
          NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES           --                 --             57,000
                                                                  --------           --------           --------

NET INCREASE (DECREASE) IN CASH                                        (15)             1,950                233

CASH AT BEGINNING OF PERIOD                                            248                747                 --
                                                                  --------           --------           --------

CASH AT END OF YEAR                                               $    233           $  2,697           $    233
                                                                  ========           ========           ========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Cash paid during year for:
  Interest                                                        $     --           $     --           $     --
                                                                  ========           ========           ========

  Income Taxes                                                    $     --           $     --           $     --
                                                                  ========           ========           ========
</TABLE>


                        See Notes to Financial Statements

                                       5
<PAGE>
                             NORTHERN MINERALS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                               As at June 30, 2010
--------------------------------------------------------------------------------

NOTE 1 - NATURE AND PURPOSE OF BUSINESS

Northern  Minerals Inc. (the "Company") was  incorporated  under the laws of the
State of Nevada on March 5, 2007.  The  Company's  activities  to date have been
limited to organization  and capital  formation.  The Company is "an exploration
stage company" and had acquired a series of mining claims for  exploration.  The
Company conducted exploration  activities and determined that its claims did not
warrant  any further  exploration  and now the Company is looking for new mining
claims for exploration or other potential business opportunities.

NOTE 2 - NATURE OF SIGNIFICANT ACCOUNTING POLICIES

CASH AND CASH EQUIVALENTS

The Company considers all highly liquid debt instruments purchased with maturity
of three months or less to be cash equivalents.

REVENUE RECOGNITION

The  Company  considers  revenue  to be  recognized  at the time the  service is
performed.

USE OF ESTIMATES

The preparation of the Company's  financial  statements  requires  management to
make estimates and assumptions that affect the amounts reported in the financial
statements  and  accompanying  notes.  Actual  results  could  differ from these
estimates.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The  Company's  short-term  financial  instruments  consist  of  cash  and  cash
equivalents  and  accounts  payable.  The  carrying  amounts of these  financial
instruments approximate fair value because of their short-term maturities.
 Financial  instruments that potentially  subject the Company to a concentration
of credit risk consist  principally of cash. During the year the Company did not
maintain cash deposits at financial  institution in excess of the $100,000 limit
covered by the Federal Deposit Insurance Corporation.  The Company does not hold
or issue financial  instruments  for trading  purposes nor does it hold or issue
interest rate or leveraged derivative financial instruments.

                                       6
<PAGE>
                             NORTHERN MINERALS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                               As at June 30, 2010
--------------------------------------------------------------------------------

NOTE 2 - NATURE OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

EARNINGS PER SHARE

Basic Earnings per Share ("EPS") is computed by dividing net income available to
common  stockholders  by the  weighted  average  number of common  stock  shares
outstanding  during the year.  Diluted EPS is  computed  by dividing  net income
available to common stockholders by the weighted-average  number of common stock
shares outstanding  during the year plus potential dilutive  instruments such as
stock  options  and  warrant.  The effect of stock  options  on  diluted  EPS is
determined  through  the  application  of the  treasury  stock  method,  whereby
proceeds received by the Company based on assumed  exercises are  hypothetically
used to repurchase the Company's common stock at the average market price during
the period.  Loss per share is  unchanged  on a diluted  basis since the assumed
exercise of common stock equivalents would have an anti-dilutive effect.

INCOME TAXES

Income taxes are provided in accordance with ASC No. 740,  Accounting for Income
Taxes.  A  deferred  tax  asset  or  liability  is  recorded  for all  temporary
differences   between  financial  and  tax  reporting  and  net  operating  loss
carryforwards. Deferred tax expense (benefit) results from the net change during
the year of deferred tax assets and liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management,  it is more likely than not that some portion or all of the deferred
tax  assets  will not be  realized.  Deferred  tax assets  and  liabilities  are
adjusted  for the  effects  of  changes  in tax  laws  and  rates on the date of
enactment.

CONCENTRATION OF CREDIT RISK

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

RECENT ACCOUNTING PRONOUNCEMENTS

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

NOTE 3 - MINERAL CLAIMS

On March  29,  2007 the  Company  acquired  a 100%  interest  in a total of four
mineral claims located in the Weepah Hills area of Esmeralda County, Nevada.

The claims and related  geological  report were acquired for 1,400,000 shares of
common stock  valued at $.005 per share for a total of $7,000.  These costs have
been expensed as exploration costs during the year ended March 31, 2007.

                                       7
<PAGE>
                             NORTHERN MINERALS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                               As at June 30, 2010
--------------------------------------------------------------------------------

NOTE 3 - MINERAL CLAIMS (CONTINUED)

Northern Minerals has been in the exploration stage since its formation on March
5, 2007 and has not yet  realized  any  revenues  from its  planned  operations.
Mineral property  exploration  costs are expensed as incurred.  When it has been
determined that a mineral property can be economically  developed as a result of
establishing  proven and probable  reserves,  the costs 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.

NOTE 4 - COMMON STOCK

Transactions,  other than employees' stock issuance,  are in accordance with ASC
No. 505.  Thus  issuances  shall be accounted for based on the fair value of the
consideration  received.  Transactions  with  employees'  stock  issuance are in
accordance with ASC No. 718. These issuances shall be accounted for based on the
fair  value  of the  consideration  received  or the fair  value  of the  equity
instruments issued, or whichever is more readily determinable.

On March 5, 2007 the Company  issued  500,000  shares of common  stock to Damian
O'Hara,  a director  and  500,000  shares of common  stock to Nicole  O'Hara,  a
director, for cash in the amount of $0.005 per share for a total of $5,000.

On March 29, 2007 the Company issued a total of 1,400,000 shares of common stock
at $.005 per share to Damian O'Hara in repayment of $7,000 paid on behalf of the
Company for the acquisition of the mining claims.

On July 3, 2007 the Company  issued  1,000,000  shares of common stock to Nicole
O'Hara,  a  director,  for cash in the amount of $0.005 per share for a total of
$5,000.

On February 18, 2008 the Company issued  2,000,000  shares of common stock to 30
unrelated  investors in the  Company's  SB-2  offering for cash in the amount of
$0.02 per share for a total of $40,000.

NOTE 5 - RELATED PARTY TRANSACTIONS

Damian O'Hara and Nicole O'Hara,  the officers and directors of the Company may,
in the future,  become involved in other business  opportunities  as they become
available,  thus they may face a conflict in  selecting  between the Company and
their other business opportunities.  The Company has not formulated a policy for
the resolution of such conflicts.

As of June 30,  2010,  $15,700  is owed to  Damian  O'Hara  and is non  interest
bearing with no specific repayment terms.

                                       8
<PAGE>
                             NORTHERN MINERALS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                               As at June 30, 2010
--------------------------------------------------------------------------------

NOTE 6 - 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 no sales and has  incurred  a net loss of $77,087
since  inception.  The future of the  Company is  dependent  upon its ability to
obtain  financing and upon future  profitable  operations  from any business the
Company  engages in. The  financial  statements  do not include any  adjustments
relating to the  recoverability  and  classifications of recorded assets, or the
amounts of and  classification  of  liabilities  that might be  necessary in the
event the Company cannot continue in existence.

NOTE 7 - SUBSEQUENT EVENTS

The Company  evaluated all events or  transactions  that occurred after June 30,
2010 up through the date the Company issued these financial  statements.  During
this  period,  the Company  did not have any  material  recognizable  subsequent
events.

                                       9
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q contains forward-looking statements. Any
statements contained herein that are not statements of historical fact may be
deemed to be forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act. The words "believes," "anticipates," "plans," "seeks,"
"expects," "intends" and similar expressions identify some of the
forward-looking statements. Forward-looking statements are not guarantees of
performance or future results and involve risks, uncertainties and assumptions.
The factors discussed elsewhere in this Form 10-Q could also cause actual
results to differ materially from those indicated by the Company's
forward-looking statements. The Company undertakes no obligation to publicly
update or revise any forward-looking statements.

BUSINESS AND PLAN OF OPERATION

Northern Minerals Inc. was incorporated in the State of Nevada on March 5, 2007
to engage in the acquisition, exploration and development of natural resource
properties. We are an exploration stage company with no revenues or operating
history.

We received the results of Phase 1 and Phase 1A of the exploration program from
the consulting geologist. The findings were not promising and management
determined it was in the best interests of the shareholders to allow the claim
to lapse. As a result, we are investigating other properties on which
exploration could be conducted and other business opportunities to enhance
shareholder value. During the next twelve months we anticipate spending
approximately $8,500 on professional fees, including fees payable in complying
with reporting obligations, and general administrative costs.

LIQUIDITY AND CAPITAL RESOURCES

Our cash in the bank at June 30, 2010 was $233 and outstanding liabilities were
$20,320. We have sold $57,000 in equity securities since inception, $10,000 from
the sale of 2,000,000 shares of stock to our officers and directors, $7,000 from
the issuance of 1,400,000 shares of stock to a director in repayment of the
funds paid by him for the acquisition of the mineral claim and $40,000 from the
sale of 2,000,000 shares registered pursuant to our SB-2 Registration Statement
which became effective on October 12, 2007. If we experience a shortfall of
funds our directors have agreed to loan us funds, however they have no
obligation to do so.

RESULTS OF OPERATIONS

We are still in our development stage and have no revenues to date.

We incurred operating expenses of $4,635 for the three months ended June 30,
2010. These expenses consisted of general operating expenses incurred in
connection with the day to day operation of our business and the filing of our
required statements with the Securities and Exchange Commission. For the same
three month period ended June 30, 2009 the operating expenses were $4,050, which
consisted of general operating expenses. Our net loss since inception through
June 30, 2010 was $77,087.

If we experience a shortage of funds we may utilize funds from our directors,
who have informally agreed to advance funds, however they have no formal
commitment, arrangement or legal obligation to advance or loan funds to the
company. If they fail to do so we may be required to terminate our business. We
are an exploration stage company and have generated no revenue to date. Through
June 30, 2010 the directors had loaned the company $15,700. Through June 30,
2010 we had sold $57,000 in equity securities to pay for our business
operations. On February 18, 2008, we closed our offering pursuant to a SB-2

                                       10
<PAGE>
Registration Statement filed with the U.S. Securities and Exchange Commission,
which became effective on October 12, 2007. We sold 2,000,000 shares of common
stock to 30 unaffiliated shareholders at $.02 per share for total proceeds of
$40,000.

Our auditor has issued a going concern opinion. This means that there is
substantial doubt that we can continue as an on-going business for the next
twelve months unless we obtain additional capital to pay our bills. This is
because we have not generated revenues and no revenues are anticipated until we
begin removing and selling minerals. There is no assurance we will ever reach
that point.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

ITEM 4. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Management maintains "disclosure controls and procedures," as such term is
defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the
"Exchange Act"), that are designed to ensure that information required to be
disclosed in Northern Minerals' Exchange Act reports is recorded, processed,
summarized and reported within the time periods specified in the Securities and
Exchange Commission rules and forms, and that such information is accumulated
and communicated to management, including our Chief Executive Officer and Chief
Financial Officer, as appropriate, to allow timely decisions regarding required
disclosure.

In connection with the preparation of this quarterly report on Form 10-Q, an
evaluation was carried out by management, with the participation of the Chief
Executive Officer and the Chief Financial Officer, of the effectiveness of our
disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)
under the Exchange Act) as of June 30, 2010.

Based on that evaluation, management concluded, as of the end of the period
covered by this report, that Northern Minerals' disclosure controls and
procedures were effective in recording, processing, summarizing, and reporting
information required to be disclosed, within the time periods specified in the
Securities and Exchange Commission's rules and forms.

CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING

As of the end of the period covered by this report, there have been no changes
in Northern Minerals' internal controls over financial reporting during the
quarter ended June 30, 2010, that materially affected, or are reasonably likely
to materially affect, our internal control over financial reporting subsequent
to the date of management's last evaluation.

                                       11
<PAGE>
                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Northern Minerals Inc. is not currently involved in any legal proceedings and we
are not aware of any pending or potential legal actions.

ITEM 1A. RISK FACTORS

There has been no change to the Risk Factors disclosed in our Form 10-K filed
with the Securities and Exchange Commission for the year ended March 31, 2010.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There were no sales of unregistered securities during the period covered by this
report.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

There were no defaults upon senior securities during the period covered by this
report.

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

There were no matters submitted to a vote of security holders during the period
covered by this report.

ITEM 5. OTHER INFORMATION

There is no other information to report.

ITEM 6. EXHIBITS

The following exhibits are included with this quarterly filing. Those marked
with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our original Form SB-2
Registration Statement, filed under SEC File Number 333-144840, at the SEC
website at www.sec.gov:

     Exhibit No.                   Description
     -----------                   -----------

         3.1           Articles of Incorporation*
         3.2           Bylaws*
        31             Rule 13a-14(a)/15d-14(a) Certification
        32             Certification Pursuant to 18 U.S.C. 1350

                                       12
<PAGE>
                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

August 16, 2010                   Northern Minerals Inc., Registrant


                                      /s/ Damian O'Hara
                                      ------------------------------------------
                                  By: Damian O'Hara, President & Director
                                      (Chief Executive Officer, Principal
                                      Financial Officer & Principal
                                      Accounting Officer)


                                      /s/ Nicole O'Hara
                                      ------------------------------------------
                                  By: Nicole O'Hara
                                      (Director, Secretary)

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.


/s/ Damian O'Hara                                             August 16, 2010
---------------------------------------------                 ---------------
Damian O'Hara, President & Director                                Date
(Chief Executive Officer, Principal Financial
Officer, Principal Accounting Officer)


/s/ Nicole O'Hara                                             August 16, 2010
---------------------------------------------                 ---------------
Nicole O'Hara, Secretary & Director                                Date


                                       13