EXHIBIT 31.2

                                  CERTIFICATION


         I, Stephan V. Benediktson, certify that:

         1. I have reviewed this First Amended  quarterly  report on Form 10-QSB
of Daleco Resources Corporation for the quarter ended June 30, 2006.

         2. Based on my knowledge,  this First Amended quarterly report does not
contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which
such  statements were made, not misleading with respect to the period covered by
this annual report;

         3. Based on my knowledge, the financial statements, and other financial
information  included in this First Amended quarterly report,  fairly present in
all material  respects the financial  condition,  results of operations and cash
flows of the registrant as of, and for, the periods  presented in this quarterly
report;

         4. The registrant's other certifying officers and I are responsible for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules  13a-15(e) and 15d-(e)) and internal  control over  financial
reporting  (as defined in Exchange  Act Rules  13a-15(f)  and  15d-(f))  for the
registrant and have::

                  (a)  designed  such  disclosure  controls and  procedures,  or
caused  such  disclosure  controls  and  procedures  to be  designed  under  our
supervision,  to ensure that material  information  relating to the  registrant,
including its  consolidated  subsidiaries,  is made known to us by others within
those entities, particularly during the period in which this quarterly report is
being prepared;

                  (b) designed such internal  control over financial  reporting,
or caused such internal  control over  financial  reporting to be designed under
our supervision,  to provide reasonable  assurance  regarding the reliability of
financial  reporting and the  preparation  of financial  statements for external
purposes in accordance with generally accepted accounting principles;

                  (c) evaluated the effectiveness of the registrant's disclosure
controls and procedures  and presented in this report our  conclusion  about the
effectiveness  of the disclosure  controls and procedures,  as of the end of the
period covered by this quarterly report based on such evaluation; and

                  (d)  disclosed  in this report any change in the  registrant's
internal control over financial  reporting that occurred during the registrant's
most recent fiscal quarter that has materially affected, or is reasonably likely
to  materially  affect,   the  registrant's   internal  control  over  financial
reporting; and


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         5. The  registrant's  other  certifying  officers and I have disclosed,
based  on  our  most  recent  evaluation  of  internal  control  over  financial
reporting,  to the registrant's auditors and the audit committee of registrant's
board of directors (or persons performing the equivalent functions):

                  (a) all significant deficiencies in the design or operation of
internal  controls  over  financial  reporting  which are  reasonably  likely to
adversely  affect the  registrant's  ability to record,  process,  summarize and
report  financial  data and have  identified for the  registrant's  auditors any
material weakness in internal controls; and

                  (b)  any  fraud,  whether  or  not  material,   that  involves
management or other  employees who have a significant  role in the  registrant's
internal controls over financial reporting.


Date:  August 15, 2006                     /s/ Stephan V. Benediktson
                                       -----------------------------------------
                                       Stephan V. Benediktson
                                       Chief Executive Officer

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