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

                                   Form 10-QSB

(Mark One)

[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
     OF 1934

                  For the quarterly period ended March 31, 2006


[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

          For the transition period from _____________ to _____________

                        Commission file number 000-032103

                              Savoy Resources Corp.
         ---------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

            Colorado                                         84-1522003
 ------------------------------                           ---------------
(State or other jurisdiction of                          (I.R.S. Employer
 incorporation or  organization)                        Identification No.)


                 18826 Pagentry Place, Monument, Colorado 80132
                 ----------------------------------------------
                    (Address of principal executive offices)


                               011-27-11-807-1446
                               ------------------
                           (Issuer's telephone number)


               --------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)

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

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


                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 69,848,600 shares of common stock,
$0.001 par value per share, outstanding as of July 27, 2006.

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


<PAGE>
                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements.


                              Savoy Resources Corp.
                          (A Development Stage Company)
                                  Balance Sheet
                                 March 31, 2006
                                   (Unaudited)

                                     Assets
CURRENT ASSETS
     Cash                                                           $     4,840
                                                                    -----------


         Total current assets                                       $     4,840
                                                                    ===========





                      Liabilities & Stockholders' (Deficit)

Current Liabilities
     Accounts payable                                               $   409,027
     Accrued interest                                                    25,320
     Related party payable                                              300,769
     Advance payable                                                     34,285
     Convertible notes payable, net of debt discount                    516,667
                                                                    -----------
         Total current liabilities                                    1,286,068
                                                                    -----------


Stockholders' (Deficit)
     Preferred stock, $0.001 par value; 10,000,000 shares
         authorized; no shares issued and outstanding                        --
     Common stock, $0.001 par value; 100,000,000 shares
         authorized; 61,515,267 shares issued and outstanding            61,515
     Additional paid-in capital                                       5,805,597
     Warrants                                                           140,000
     Stock subscriptions                                                100,000
     (Deficit) accumulated in the development stage                  (7,388,340)
                                                                    -----------
                                                                     (1,281,228)
                                                                    -----------

                                                                    $     4,840
                                                                    ===========


            See the accompanying notes to the financial statements.

                                      F-1

<PAGE>
<TABLE>
<CAPTION>

                              Savoy Resources Corp.
                          (A Development Stage Company)
                            Statements of Operations
                 Three Months Ended March 31, 2006 and 2005, and
        the Period From Inception (September 24, 2002) to March 31, 2006
                                   (Unaudited)

                                                               Three Months Ended        Inception to
                                                            March 31,        March 31,     March 31,
                                                              2006            2005           2006
                                                          ------------    ------------    ------------
<S>                                                       <C>             <C>             <C>
Revenues                                                  $         --    $         --    $         --
                                                          ------------    ------------    ------------
Operating Expenses
         General and administrative                             96,361         805,267       2,886,033
         Consulting - stock based compensation                      --              --       1,829,610
         Mineral property exploration and
           development expenses                                     --              --       1,026,582
                                                          ------------    ------------    ------------
                                                                96,361         805,267       5,742,225
                                                          ------------    ------------    ------------

Operating (Loss)                                               (96,361)       (805,267)     (5,742,225)
                                                          ------------    ------------    ------------
Other Income (Expense)
         Write-off joint venture                                    --              --         (45,759)
         Write-off fixed assets and advances receivable             --              --        (120,459)
         Loss on disposal of subsidiary, Siranna                    --              --        (334,719)
         Gain on settlement of account payable                      --              --          14,833
         Legal settlement                                           --              --        (618,023)
         Non-cash interest expense                            (193,750)             --        (516,667)
         Interest expense                                       (9,688)             --         (25,321)
                                                          ------------    ------------    ------------
                                                              (203,438)             --      (1,646,115)
                                                          ------------    ------------    ------------

Net (Loss)                                                $   (299,799)   $   (805,267)   $ (7,388,340)
                                                          ============    ============    ============

Weighted Average Shares Outstanding
  Basic and Diluted                                         61,515,267      79,020,000
                                                          ============    ============
(Loss) Per Common Share
  Basic and Diluted                                       $      (0.00)   $      (0.01)
                                                          ============    ============
</TABLE>

            See the accompanying notes to the financial statements.

                                      F-2
<PAGE>
<TABLE>
<CAPTION>


                              Savoy Resources Corp.
                          (A Development Stage Company)
                            Statements of Cash Flows
    Three Months Ended March 31, 2006 and 2005 and the Period From Inception
                     (September 24, 2002) to March 31, 2006
                                   (Unaudited)

                                                              Three Months Ended       Inception to
                                                            March 31,     March 31,      March 31,
                                                              2006          2005           2006
                                                          -----------   -----------    -----------
<S>                                                       <C>           <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES
 NET CASH (USED IN) OPERATING ACTIVITIES                  $        --   $  (190,650)   $(2,201,898)
                                                          -----------   -----------    -----------

CASH FLOWS FROM INVESTING ACTIVITIES
          Cash acquired in reverse acquisition of Savoy            --            --            169
          Advances to joint venture                                --            --        (45,759)
          Advances to Heilongjiang Joint Venture                   --            --     (1,000,000)
          Purchase of equipment                                    --            --        (46,586)
                                                          -----------   -----------    -----------

 NET CASH (USED IN) INVESTING ACTIVITIES                           --            --     (1,092,176)
                                                          -----------   -----------    -----------

 CASH FLOWS FROM FINANCING ACTIVITIES
          Bank overdraft                                           --        (1,710)            --
          Common stock issued for cash and stock
            subscriptions received                                 --       349,000      2,252,360
          Related party advances                                   --            --        237,269
          Convertible note                                         --            --        775,000
          Loan payable                                             --            --         34,285
                                                          -----------   -----------    -----------

 NET CASH PROVIDED BY FINANCING ACTIVITIES                         --       347,290      3,298,914
                                                          -----------   -----------    -----------

INCREASE IN CASH                                                   --       156,640          4,840

CASH, BEGINNING OF THE PERIOD                                   4,840            --             --
                                                          -----------   -----------    -----------

CASH, END OF THE PERIOD                                   $     4,840   $   156,640    $     4,840
                                                          ===========   ===========    ===========
</TABLE>



            See the accompanying notes to the financial statements.


                                      F-3

<PAGE>

                              SAVOY RESOURCES CORP.
                          (A Development Stage Company)
                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)

NOTE 1 - NATURE OF CONTINUED OPERATIONS AND BASIS OF PRESENTATION

The Company is a precious metals and mineral exploration and development
company. The Company presented its financial statements on a consolidated basis
through April 23, 2005, the date that it sold its 97% interest in Societe
Siranna S.A.R.L. ("Siranna").

The Company is in the exploration stage of its mineral property exploration and
development. To date, the Company has not generated any revenues from operations
and significant future operating losses are anticipated. The Company's
continuance of operations and evolution to operating status are contingent on
raising additional capital to finance the acquisition, exploration and
development of mineral properties. Accordingly, these factors raise substantial
doubt about the Company's ability to continue as a going concern. The Company
anticipates funding its operations for the next twelve months, as required,
through equity financings and related party advances. The financial statements
do not include any adjustments to reflect the possible future effects on the
recoverability and classification of assets or the amounts and classification of
liabilities that may result from the possible inability of the Company to
continue as a going concern.

The accompanying unaudited interim consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial information and with the instructions to Form 10-QSB of Regulation
S-B. They do not include all information and footnotes required by generally
accepted accounting principles for complete financial statements. In the opinion
of management, all adjustments considered necessary for a fair presentation,
consisting solely of normal recurring adjustments, have been made. Operating
results for the period ended March 31, 2006, are not necessarily indicative of
the results that may be expected for the year ending December 31, 2006. These
financial statements should also be read in conjunction with the audited
financial statements as at December 31, 2005, included in the Form 10-KSB.

NOTE 2 - ACCOUNTING POLICIES

Debt With Detachable Warrants And/Or Beneficial Conversion Feature

The Company accounts for the issuance of detachable stock purchase warrants in
accordance with Accounting Principles Board Opinion 14 ("APB 14"), whereby we
separately measure the fair value of the debt and the detachable warrants and
allocate the proceeds from the debt on a pro-rata basis to each. The resulting
discount from the fair value of the debt allocated to the warrants, which is
accounted for as paid-in capital, is amortized over the estimated life of the
debt.


                                      F-4
<PAGE>

                              SAVOY RESOURCES CORP.
                          (A Development Stage Company)
                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)


In accordance with the provisions of Emerging Issues Task Force Issue ("EITF")
98-5 and EITF 00-27, we allocate a portion of the proceeds received to any
embedded beneficial conversion feature, based on the difference between the
effective conversion price of the proceeds allocated to the convertible debt and
the fair value of the underlying common stock on the date the debt is issued. In
the event the convertible debt also had detachable stock purchase warrants, we
first allocate proceeds to the stock purchase warrants and the debt and then
allocate the resulting debt proceeds between the beneficial conversion feature,
which is accounted for as paid-in capital, and the initial carrying amount of
the debt. The discount resulting from the beneficial conversion feature is
amortized over the estimated life of the debt.

Loss Per Share

Basic loss per share includes no dilution and is computed by dividing income
available to common stockholders by the weighted average number of common shares
outstanding for the period. Dilutive earnings per share reflects the potential
dilution of securities that could share in the earnings of the Company. Diluted
loss per share figures are equal to those of basic loss per share for each
period since the effects of stock options have been excluded as they are
anti-dilutive.


NOTE 3 - SALE OF SIRANNA

Siranna held an operating permit to two gemstone exploration and development
properties, which are located in the province of Antsiranana, Republic of
Madagascar. The two gemstone exploration and development properties were
prospected, staked and registered with the Madagascar Ministry of Energy and
Mines, on behalf of Siranna by Siranna's resident geologist on February 27,
2003, and were contributed to Siranna for nominal consideration of $1. Savoy had
intended to develop a precious gemstone exploration and marketing business based
on Siranna's possession of full resource exploitation and gemstone exportation
permits.

On April 23, 2005, Savoy sold its 97% equity interest in Siranna to Mr. Robert
Slavik, a former officer and director who owns approximately 6% of the Company's
common stock, in consideration for his cancellation and return to treasury of
19,000,000 shares from his position of 21,000,000 shares of Savoy. As part of
this agreement, Savoy issued 2,000,000 new shares of common stock to Slavik. The
shares retained by Mr. Slavik and the newly-issued shares are restricted
pursuant to Rule 144 of the General Rules and Regulations under the Securities
Act of 1933. During the year ended December 31, 2005, the Company recorded a
loss on the sale of Siranna of $334,719. The loss consists of the write off of
the investment in Siranna of $22,500, advance to Siranna of $244,000 and the
accumulated losses of Siranna of $68,219.



                                      F-5
<PAGE>

                              SAVOY RESOURCES CORP.
                          (A Development Stage Company)
                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)


NOTE 4 - RELATED PARTY TRANSACTIONS

During the period ended March 31, 2006, the Company incurred directors' fees of
$3,500 and consulting fees to directors and former directors of $60,000. In
addition, $300,769 is due to related parties at March 31, 2006, for operating
advances and expenses paid on behalf of the Company. All the amounts are
non-interest bearing and have no stated repayment terms.


NOTE 5 - LEGAL PROCEEDINGS

In December 2004, nine plaintiffs filed a civil action, Case Number 04CV4894,
styled Byron Hampton, Floyd Wandler, Ryan Wandler, Louis Gheyle, Dimka Boussy,
676538 B.C. Ltd., Donna Koop, Cathy Tough and Platinum Resource Holding (sic),
Inc., Plaintiffs, versus Savoy Resources Corp., Robert Slavik, Weiguo Lang,
Patricia Cudd, Zhengli (sic) (Charles) Ge, Daniel S. McKinney and PacWest
Transfer, LLC, Defendants, in the District Court of El Paso County, Colorado
(the "Civil Action"), against seven defendants, including Savoy, the Company's
President/Chief Executive Officer and Board of Directors, its transfer agent and
its legal counsel. The plaintiffs claimed that the defendants wrongfully
cancelled and otherwise dispossessed them of a total of 17,867,250 shares of
common stock of Savoy owned collectively by them (the "Shares"). The Company
denied the allegations and filed a counterclaim against Mr. Floyd Wandler
alleging that he breached his fiduciary duty to Savoy. In January 2005, the
Court granted a temporary restraining order enjoining the defendants from taking
any action whatsoever with respect to the Shares and any benefits obtained from
them and ordering the defendants to immediately provide a full accounting of any
sales or other dispositions of the Shares and any benefits received from them.
On May 13, 2005, Savoy and the other defendants, except Mr. Slavik (the
"Settling Defendants"), entered into a Settlement Agreement and Mutual Release
with the plaintiffs providing for dismissal with prejudice by the plaintiffs of
their pending claims and counterclaims against the Settling Defendants and the
Settling Defendants' dismissal with prejudice of their pending claims and
counterclaims against the plaintiffs in the Civil Action and against two of the
plaintiffs and two other individuals, as the defendants, in the civil action
number 04-cv-00290-EWN-CBS styled Savoy Resources Corp., a Colorado corporation,
Plaintiff, versus Floyd Wandler, Byron Hampton, Michael Gheyle and Robert Welch,
Defendants, filed in the United States District Court for the District of
Colorado. Savoy filed this case in February of 2005 against the defendants
seeking their disgorgement of short swing profits from purchases and sales of
common stock of Savoy in violation of Section 16(b) of the Securities Exchange
Act of 1934. As part of the settlement, the plaintiffs agreed to the
cancellation and return to treasury of 8,055,000 shares of common stock subject
to the Civil Action. The balance of 4,000,000 shares have been placed into
escrow and released to the plaintiffs at the rate of 50,000 shares per week on
the first day of each week commencing September 1, 2005, through April 2007. The
4,000,000 shares were valued at the closing price on the day of the settlement,
$0.15 per share.


                                      F-6
<PAGE>

                              SAVOY RESOURCES CORP.
                          (A Development Stage Company)
                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)


NOTE 6 - CONVERTIBLE NOTES

On August 5, 2005, the Company entered into the Subscription Agreement among
Savoy Resources Corp., Alpha Capital Aktiengesellschaft, Whalehaven Capital Fund
Limited, CMS Capital and Osher Capital Inc. (collectively, the "Subscribers"),
pursuant to which we issued and sold (i) Secured Convertible Notes in the
aggregate principal amount of $775,000, due August 5, 2006, bearing simple
interest at the rate of five per cent per annum and convertible into a total of
4,558,824 shares of common stock at a fixed conversion price of $0.17 per share
and (ii) Class D Common Stock Purchase Warrants exercisable to purchase a total
of 4,558,824 shares of common stock at an exercise price of $0.28 per share for
a period of four years through August 5, 2009, for a total purchase price of
$775,000 in cash. Savoy Resources agrees that the conversion price set forth in
section 2.1 (b) of the notes is reduced to $0.10, subject to adjustment as
described therein. Alpha Capital owns, separate from the Note and the Class D
Warrant, 1,333,333 shares, and warrants exercisable to purchase 666,667 shares,
of our common stock. The closing of the transaction occurred on August 5, 2005.
Pursuant to the Security Agreement dated August 5, 2005, among Savoy Resources
and the Subscribers, the Notes are secured by all of our assets (collectively,
the "Collateral"), including, but not limited to, accounts, goods, real and
personal property, all present and future books and records relating to the
Collateral and all products and proceeds of the Collateral. Heilongjiang Savoy
Minerals Co., Ltd., a then 40%-owned subsidiary of Savoy Resources, entered into
the Guaranty Agreement dated August 5, 2005, providing for Helongjiang Savoy
Minerals to guarantee payment of the Subscribers' loans and performance under
the Notes, the Subscription Agreement and all other agreements relating to the
sale and issuance of the Notes and the Class D Warrants. As part of the
transactions, the Company agreed to file a registration statement with the U.S.
Securities and Exchange Commission to register a total of 9,345,590 shares of
common stock issuable upon conversion of the Notes and exercise of the Warrants
within 45 days, and cause it to be declared effective within 150 days, after the
closing date. The terms of the private placement of the securities to the
Subscribers were approved and authorized by our board of directors. Financing
fees of 8% or $62,000 were paid relating to the sale and issuance of the
securities.

The warrants were valued using the Black Scholes option pricing model based on
the market price of the common stock at the date of the Subscription Agreement.
The value of the embedded beneficial conversion feature and the warrants of
$775,000 has been allocated to additional paid in capital. This amount will be
amortized over 12 months commencing August 5, 2005. Amortization expense during
quarter ended March 31, 2006 was $193,750, resulting in convertible notes
payable net of debt discount of $516,667 at March 31, 2006.


NOTE 7 - LEGAL SETTLEMENT

On November 19, 2005, Savoy agreed to amend the Settlement Agreement and General
Release dated October 5, 2005, with Thomas J. Deutsch Law Corporation ("TJDL")
to settle an outstanding accounts payable. The new terms provide for Savoy: (i)
to pay TJDL $10,800 on or before December 16, 2005, and the sum of $5,400 on or
before January 17, 2006; (ii) to deliver 220,000 shares of Savoy common stock to
TJDL by not later than November 22, 2005, on the basis that Savoy will no longer
have an option to purchase the shares; and to provide TJDL, upon request and at
no cost, with a proper legal opinion on or after October 5, 2006, with regard to
the resale of the shares pursuant to Rule 144 under the Securities Act of 1933.
The Company has delivered the common shares but not paid the $16,200.


                                      F-7
<PAGE>

                              SAVOY RESOURCES CORP.
                          (A Development Stage Company)
                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)


NOTE 8 - SUBSEQUENT EVENTS

On April 29, 2006, the Company issued 1,000,000 restricted shares of our common
stock to each of Tianjin Chinaquantum Investment and Trade and Pagentry Place
Investments, for a total of 2,000,000 shares, for expenses incurred for the
benefit of the Corporation through December 31, 2005.

On April 29, 2006, the Company issued 5,000,000 shares of common stock to SDM
Consultant Corp. at a purchase price of $0.015 per share for gross proceeds of
$75,000.

On May 16, 2006, the Company consummated an agreement with Alpha Capital,
Whalehaven Capital Fund, CMS Capital and Osher Capital that provides for us to
make payments to the lenders, issue them additional shares of common stock,
reduce the note conversion price and cause the Company's directors to resign
unless we meet certain milestones, among other things. The milestones the
Company agreed to meet are the following:

     o    By May 22, 2006, the Company agreed to file its annual report on Form
          10-KSB for the year ended December 31, 2005.

     o    By June 1, 2006, the Company agreed to set aside a total of $100,000
          to be used to prepare and file with the Commission the periodic
          reports required under the Securities Exchange Act of 1934 and the
          registration statement covering the shares of common stock owned by
          Alpha Capital and issuable upon conversion of the lenders' notes and
          exercise of their class D warrants and the additional 3,333,333 shares
          to be issued to the lenders pursuant to the agreement.

     o    By June 7, 2006, the Company agreed to pay a total of $150,000 to the
          lenders on a pro rata basis.

     o    By June 8, 2006, the Company agreed to issue and deliver 1,333,333
          restricted shares of its common stock to Alpha Capital and a total of
          2,000,000 restricted shares of common stock to the lenders on a pro
          rata basis.

     o    By June 30, 2006, the Company agreed to file the registration
          statement covering the shares of its common stock owned by Alpha
          Capital and to be issued to the lenders pursuant to the agreement and
          underlying the lenders' notes and warrants.

     o    By July 31, 2006, the Company agreed to acquire a gold and/or oil
          property with an asset value on our balance sheet of not less than
          $1,000,000.

     o    By September 30, 2006, the Company agreed to cause the registration
          statement covering Alpha Capital's shares of common stock, the shares
          of common stock underlying the lenders' notes and warrants and the
          additional shares to be issued to the lenders pursuant to the
          agreement, to be declared effective by the Commission.

The Company is presently in default of the terms and conditions of the May 16,
2006, agreement with the lenders because of its failure to pay them the sum of
$150,000 by June 7, 2006; its failure to issue and deliver 1,333,333 restricted
shares of its common stock to Alpha Capital and 2,000,000 restricted shares of
common stock to the lenders by June 8, 2006; and its failure to file the
registration statement by June 30, 2006, covering the shares of its common stock
owned by Alpha Capital and to be issued to the lenders and underlying the
lenders' notes and warrants. Accordingly, the lenders may demand that the
Company cause its directors to resign at any time or the existing board of
directors may resign voluntarily, upon the occurrence of either of which events
the lenders would replace the Company's directors with directors of their
choice. If either event occurs, the Company's current directors will have no
further control over Savoy Resources and the new board of directors will manage
the Company's business operations commencing on the date of the resignation of
its directors. However, the lenders have not yet demanded that the Company's
current board of directors resign and these individuals continue to service in
office currently.


                                      F-8
<PAGE>

                              SAVOY RESOURCES CORP.
                          (A Development Stage Company)
                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)


     o    By November 5, 2006, the Company agreed to repay the lenders' notes to
          the extent that they have not been converted.

In addition to the Company's agreement to meet the milestones described above or
cause its directors to resign, except in the event that the Commission fails to
declare the registration statement effective by September 30, 2006, in which
case the board of directors is not required to resign unless the Commission
fails to declare the registration statement effective by November 15, 2006, the
Company agreed to reduce the stock conversion price in the lenders' notes from
$0.17 to $0.10. As consideration for the Company's agreement to take the actions
described above or cause our directors to resign, the lenders agreed to extend
the maturity date of the notes through November 5, 2006, and that the Company is
no longer in default on the notes, and to forgive the amount of liquidated
damages accrued, as a result of its failure to file the registration statement
covering their shares. However, the Company agreed that, should it fail to meet
any of the milestones agreed to with the lenders, the amount of liquidated
damages forgiven by the lenders pursuant to the agreement would be reinstated.






                                      F-9
<PAGE>


Item 2.  Management's Discussion and Analysis or Plan of Operation.

General

     Until early January of 2004, when we acquired a 97% interest in Siranna, a
private Madagascar company that owned two gemstone exploration properties in
northern Madagascar together with full resource exploitation and gemstone
exportation permits, we were engaged in the residential and commercial mortgage
brokerage business. In March of 2004, we entered into a joint venture agreement
with the First Institute of Heilongjiang Province, China, for the purpose of
conducting gold and other mineral exploration and development in China. The
joint venture was organized in June of 2004 with the formation of Helongjiang
Savoy Minerals under the laws of China. Through the date of this report, we have
contributed $1,000,000, out of a total of $3,500,000 in capital contributions
required through December 31, 2006, to the joint venture. On April 23, 2005, we
sold our 97% equity interest in Siranna to a former executive officer and
director who owns approximately 5.6% of our outstanding common stock. On March
31, 2006, we entered into an agreement to sell our 40% equity interest in
Heilongjiang Savoy Minerals to Black Dragon Resources Ltd., an unrelated
company. We received the initial $50,000 payment under the agreement, but we
failed to receive an additional $200,000 because Black Dragon Resources decided
not to proceed with its investment in the joint venture.

     On May 16, 2006, we entered into an agreement with Alpha Capital,
Whalehaven Capital Fund, CMS Capital and Osher Capital, which loaned us a total
of $775,000 in August 2005, as a result of our failure to file a registration
statement covering the shares of our common stock owned by Alpha Capital and
underlying the notes and warrants issued to the lenders in the transaction. The
agreement provides for us to make payments to the lenders, issue them additional
shares of common stock, reduce the note conversion price and cause our directors
to resign unless we meet certain milestones, among other things. The milestones
we agreed to meet are the following:

     o By May 22, 2006, we agreed to file our annual report on Form 10-KSB for
the year ended December 31, 2005.

     o By June 1, 2006, we agreed to set aside a total of $100,000 to be used to
prepare and file with the Commission the periodic reports required under the
Securities Exchange Act of 1934 and the registration statement covering the
shares of common stock owned by Alpha Capital and issuable upon conversion of
the lenders' notes and exercise of their warrants and the additional 3,333,333
shares to be issued to the lenders pursuant to the agreement.

     o By June 7, 2006, we agreed to pay a total of $150,000 to the lenders on a
pro rata basis.

     o By June 8, 2006, we agreed to issue and deliver 1,333,333 restricted
shares of our common stock to Alpha Capital and a total of 2,000,000 restricted
shares of common stock to the lenders on a pro rata basis.

     o By June 30, 2006, we agreed to file the registration statement covering
the shares of our common stock owned by Alpha Capital and to be issued to the
lenders pursuant to the agreement and underlying the lenders' notes and
warrants.


                                        2
<PAGE>
     o By July 31, 2006, we agreed to acquire a gold and/or oil property with an
asset value on our balance sheet of not less than $1,000,000.

     o By September 30, 2006, we agreed to cause the registration statement
covering Alpha Capital's shares of common stock, the shares of common stock
underlying the lenders' notes and warrants and the additional shares to be
issued to the lenders pursuant to the agreement, to be declared effective by the
Commission.

     o By November 5, 2006, we agreed to repay the lenders' notes to the extent
that they have not been converted.

In addition to our agreement to meet the milestones described above or cause our
directors to resign, except in the event that the Commission fails to declare
the registration statement effective by September 30, 2006, in which case our
board of directors is not required to resign unless the Commission fails to
declare the registration statement effective by November 15, 2006, we agreed to
reduce the stock conversion price in the lenders' notes from $0.17 to $0.10. As
consideration for our agreement to take the actions described above or cause our
directors to resign, the lenders agreed to extend the maturity date of the notes
through November 5, 2006, and that we are no longer in default on the notes, and
to forgive the amount of liquidated damages accrued, as a result of our failure
to file the registration statement covering their shares. However, we agreed
that, should we fail to meet any of the milestones agreed to with the lenders,
the amount of liquidated damages forgiven by the lenders pursuant to the
agreement would be reinstated.

     Since negotiating the agreement to sell our interest in the China joint
venture and the above-described agreement with our lenders, we have focused our
efforts upon other mineral prospects, including a Canadian gold prospect, a
copper and cobalt leaching prospect in South Africa and other potential gold and
other mineral prospects in China. Management was in advanced negotiations with a
closely-held, Canadian company to acquire a property with proven placer gold
reserves of at least $1,000,000 located in the Yukon Territory in northwestern
Canada. The terms of the purchase we originally negotiated involved no cash
outlay. However, this company is now requiring payment of a minimum of $800,000
in cash in order to consummate the purchase. Accordingly, unless we are
successful in raising these funds, we no longer expect to be able to purchase
this property. We are required to consummate the acquisition of a gold and/or
oil property with an asset value on our balance sheet of not less than
$1,000,000 prior to July 31, 2006, under the terms of the agreement with our
lenders. We anticipate that we will need at least $1,000,000 to consummate the
proposed acquisition of an equity interest in the South African copper and
cobalt leaching prospect under consideration.

     We are presently in default of the terms and conditions of the May 16,
2006, agreement with the lenders because of our failure to pay them the sum of
$150,000 by June 7, 2006; our failure to issue and deliver 1,333,333 restricted
shares of our common stock to Alpha Capital and 2,000,000 restricted shares of
common stock to the lenders by June 8, 2006; and our failure to file the
registration statement by June 30, 2006, covering the shares of our common stock
owned by Alpha Capital and to be issued to the lenders and underlying the
lenders' notes and warrants. Accordingly, the lenders may demand that we cause
our directors to resign at any time. If we are able to satisfy the terms and
conditions of the agreement with the lenders described above such that our
current board of directors continues in office or the lenders choose to continue
our directors in office despite our failure to satisfy any term or condition of
the agreement, the likelihood of our success will depend upon our ability:


                                       3
<PAGE>
     o to consummate the acquisition of the placer gold prospect located in the
Yukon Territory of Canada or a comparable mineral prospect by July 31, 2006;

     o to raise additional capital from equity and/or debt financing needed to
commence gold production on the Canadian prospect or to acquire a comparable
prospect by July 31, 2006, and commence production as soon as practicable; and

     o to succeed in the competitive environment in which we will operate.

     In that event, we cannot be certain that:

     o we will succeed in acquiring the Canadian placer gold or a comparable
mineral prospect by July 31, 2006, or meeting the other milestones agreed to
with the lenders;

     o we will raise sufficient funding to meet the demand for required capital
for acquisitions, mining operations and/or operating expenses;

     o we will establish commercially viable operations on schedule in
accordance with our business plan to ensure our success; or

     o any of our prospective mining projects will result in the production of
gold or other minerals on a commercial scale.

If we fail to meet the milestones described in the May 16, 2006, agreement with
our lenders, our existing board of directors may resign, upon which event the
lenders would replace our directors with directors of their choice. If this
occurs, our current directors will have no further control over Savoy Resources
and the new board of directors will manage our business operations commencing on
the date of the resignation of our directors. We failed to pay the sum of
$150,000 to the lenders by June 7, 2006, to issue and deliver 1,333,333
restricted shares of our common stock to Alpha Capital and 2,000,000 restricted
shares of common stock to the lenders by June 8, 2006, and to file the
registration statement by June 30, 2006, covering the shares of our common stock
owned by Alpha Capital and to be issued to the lenders and underlying the
lenders' notes and warrants, as required by the agreement. However, the lenders
have not yet demanded that our current board of directors resign and these
individuals continue to service in office as of the date of this report.

Plan of Operation

     We are presently seeking to raise $2,500,000 in funds over the next
approximately six months in order to meet the milestones described in the
agreement dated May 16, 2006, with the lenders, including acquiring the Canadian
placer gold prospect under consideration or a comparable property with an asset
value of $1,000,000 by July 31, 2006, to acquire an equity interest in the South
African leaching prospect and to cover our operating expenses.


                                       4
<PAGE>
     We realized a net loss of $(299,799) for the quarter ended March 31, 2006,
and a net loss of $(4,815,462) for the year ended December 31, 2005. We expect
to continue to incur significant net losses from operations until we are
successful, if ever, in establishing commercial mining operations and generating
profits from these operations. Certain of the significant expenses that we
incurred during the first quarter of the 2006 fiscal year include the following:

     o    general and administrative expenses totaling $96,361;

     o    non-cash interest expense of $193,750; and

     o    interest expense of $9,688.

General and administrative expenses decreased approximately 88%, from $805,267
for the quarter ended March 31, 2005, to $96,361 for the quarter ended March 31,
2006.

Cash Requirements

     We are seeking to raise a total of an additional $2,500,000 via equity
and/or debt financing during the year ending December 31, 2006, which, if
received, would be allocated to provide funding for the commencement of gold
mining operations on the placer gold property in Canada's Yukon Territory that
we had hoped to acquire, to acquire an interest in the copper and cobalt
leaching prospect in South Africa under consideration and to meet our existing
operating requirements. Because of the uncertainty in our business plan, we are
unable to calculate with certainty the cost of our plan of operations over the
next twelve months.

Capital Resources

     We presently have very limited working capital. Since January of 2006, we
have been funded with $50,000 received from the sale of our equity interest in
the China joint venture and $75,000 received from the sale of 5,000,000 shares.
Unless we realize $2,500,000 from the exercise of outstanding warrants or loans,
the funds received will not be sufficient to enable us to commence production on
the placer gold prospect we had hoped to acquire in Canada, to finance the
acquisition of the South African leaching prospect and to pay our operating
expenses, and it will be necessary to raise additional funds in the next twelve
months. Management believes that any short-term funds raised would be raised
through the sale of our equity securities and/or a debt financing. We are
currently exploring all available such financing alternatives, including, but
not limited to, private and public securities offerings. There are no
arrangements or commitments with respect to funding and we may not be able to
obtain additional funding on acceptable terms, if at all. Even if we succeed in
obtaining the funding necessary to acquire the Canadian placer gold property and
to purchase an interest in the South African leaching prospect and establish
commercial mining operations on either or both properties, this will not ensure
that operations will be profitable. Further, the full implementation of our
business plan over the long-term is dependent upon our ability to raise a
sizable amount of additional capital from equity and/or debt financings and/or
achieve profitable operations.



                                       5
<PAGE>
                          PART II -- OTHER INFORMATION

Item 1.  Legal Proceedings.

     Except as provided below, we know of no legal proceedings to which we are a
party or to which any of our property interests are subject, which are pending
or threatened, or of any unsatisfied judgments against us.

     We were named as the defendant in a civil action, case number 05CV1454,
styled Wall Street Investor Resources Corp., a Maryland corporation, versus
Savoy Resources Corp., a Colorado corporation, filed in the District Court of El
Paso County, Colorado, on April 19, 2005. The plaintiff sought to recover
damages for alleged unpaid marketing consulting services in the amount of
approximately $28,221. On July 5, 2005, we entered into a court-approved
Settlement Agreement with the plaintiff pursuant to which we paid the sum of
$10,000 in cash and issued 107,184 restricted shares of common stock to the
plaintiff. Additionally, we agreed to register the shares of common stock by
filing a registration statement with the U.S. Securities and Exchange Commission
not later than 90 days from the date of the Settlement Agreement.

     In December of 2004, nine plaintiffs filed a civil action, case number
04CV4894, styled Byron Hampton, Floyd Wandler, Ryan Wandler, Louis Gheyle, Dimka
Boussy, 676538 B.C. Ltd., Donna Koop, Cathy Tough and Platinum Resource Holding
(sic), Inc., Plaintiffs, versus Savoy Resources Corp., Robert Slavik, Weiguo
Lang, Patricia Cudd, Zhengli (sic) (Charles) Ge, Daniel S. McKinney and PacWest
Transfer, LLC, Defendants, in the District Court of El Paso County, Colorado,
against seven defendants, including Savoy, the Company's President/Chief
Executive Officer and board of directors, our former transfer agent and our
legal counsel. The plaintiffs claimed that the defendants wrongfully cancelled
and otherwise dispossessed them of a total of 17,867,250 shares of common stock
of Savoy owned collectively by them. Defendant Savoy denied the allegations and
filed a counterclaim against Mr. Floyd Wandler alleging that he breached his
fiduciary duty to Savoy. In January of 2005, the Court granted a temporary
restraining order enjoining the defendants from taking any action whatsoever
with respect to the shares and any benefits obtained from them and ordering the
defendants to immediately provide a full accounting of any sales or other
dispositions of the shares and any benefits received from them. On May 13, 2005,
Savoy and the other defendants, except Mr. Slavik, entered into a Settlement
Agreement and Mutual Release with the plaintiffs providing for dismissal with
prejudice by the plaintiffs of their pending claims and counterclaims against
the defendants, except Mr. Slavik, and the defendants' dismissal with prejudice
of their pending claims and counterclaims against the plaintiffs in case number
04CV4894 and against two of the plaintiffs and two other individuals, as the
defendants, in the civil action number 04-cv-00290-EWN-CBS styled Savoy
Resources Corp., a Colorado corporation, Plaintiff, versus Floyd Wandler, Byron
Hampton, Michael Gheyle and Robert Welch, Defendants, filed in the United States
District Court for the District of Colorado. This case, which was filed by Savoy
in February of 2005 against the defendants seeking their disgorgement of short
swing profits from purchases and sales of common stock of Savoy in violation of
Section 16(b) of the Securities Exchange Act of 1934, was dismissed on September
29, 2005. As part of the settlement of case number 04CV4894, the plaintiffs
agreed to cancellation and return to treasury of 8,055,000 shares of common
stock subject to the temporary restraining order. An additional 4,000,000 shares
were impounded in escrow and are being released to the plaintiffs at the rate of
50,000 shares per week on the first day of each week commencing September 1,
2005, through the last week of April 2007.

                                       6
<PAGE>
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

     Not applicable.


Item 3. Defaults Upon Senior Securities.

     Not applicable.


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

     During the quarter covered by this report, no matters requiring a vote were
submitted to security holders by means of the solicitation of proxies or
otherwise.


Item 5. Other Information.

     (a) There is no information to be reported under this item with respect to
which information is not otherwise called for by this form.

     (b) Not applicable.


Item 6.  Exhibits.

     The exhibits required by Item 601 of Regulation S-B, as described in the
following index of exhibits, are incorporated by reference in, or filed with,
this report, as follows:

    Item
   Number                            Description

     3.0  Articles of Incorporation of Savoy Resources Capital Investments,
          Inc., filed March 6, 1997. (Incorporated in this report by reference
          to exhibit 3.1 to the registration statement on Form 10-SB, File No.
          000-32103, filed on December 8, 2000.)

     3.1  Amended and Restated Articles of Incorporation of Savoy Capital
          Investments, Inc., filed October 26, 1998. (Incorporated in this
          report by reference to exhibit 3.2 to the registration statement on
          Form 10-SB, file no. 000-32103, filed on December 8, 2000.)

     3.2  Articles of Amendment to the Articles of Incorporation of Savoy
          Capital Investments, Inc., filed on March 23, 2004. (Incorporated in
          this report by reference to exhibit 3.2 to the annual report on Form
          10-KSB filed on April 26, 2004.)

                                       7
<PAGE>
     3.3  Bylaws of Savoy Capital Investments, Inc. (Incorporated in this report
          by reference to exhibit 3.3 to the registration statement on Form
          10-SB, file no. 000-32103, filed on December 8, 2000.)

     3.4  Amended Bylaws of Savoy Resources Corp. (Incorporated in this report
          by reference to exhibit 3.4 to the annual report on Form 10-KSB filed
          on May 20, 2005.)

     4.0  Form of stock certificate. (Incorporated in this report by reference
          to exhibit 4.0 to the annual report on Form 10-KSB filed on April 3,
          2001.)

     4.1  Savoy Capital Investments, Inc. Stock Option Plan. (Incorporated in
          this report by reference to exhibit 4.1 to the annual report on Form
          10-KSB filed on April 26, 2004.)

     4.2  Savoy Capital Investments, Inc. Non-Employee Directors and Consultants
          Retainer Stock Plan for the Year 2003. (Incorporated in this report by
          reference to Exhibit 4.2 to the annual report on Form 10-KSB filed on
          April 26, 2004.)

     4.3  Stock Option Plan Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Robert T. Slavik as to 4,500,000 shares
          of common stock. (Incorporated in this report by reference to Exhibit
          4.3 to the annual report on Form 10-KSB filed on April 26, 2004.)

     4.4  Stock Option Plan Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Jean Bruno Besy Andriamanolo as to
          2,000,000 shares of common stock. (Incorporated in this report by
          reference to Exhibit 4.4 to the annual report on Form 10-KSB filed on
          April 26, 2004.)

     4.5  Stock Option Plan Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Therese Ramond as to 1,000,000 shares
          of common stock. (Incorporated in this report by reference to exhibit
          4.5 to the annual report on Form 10-KSB filed on April 26, 2004.)

     4.6  Stock Option Plan Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Katalin Williams as to 1,000,000 shares
          of common stock. (Incorporated in this report by reference to exhibit
          4.6 to the annual report on Form 10-KSB filed on April 26, 2004.)

     4.7  Stock Option Plan Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Chinaquantum Investments Ltd. as to
          500,000 shares of common stock. (Incorporated in this report by
          reference to exhibit 4.7 to the annual report on Form 10-KSB filed on
          April 26, 2004.)

     4.8  Stock Option Plan Agreement dated January 8, 2004, between Savoy
          Capital Investments, Inc., and Devlin Jensen as to 300,000 shares of
          common stock. (Incorporated in this report by reference to exhibit 4.8
          to the annual report on Form 10-KSB filed on April 26, 2004.)

                                       8
<PAGE>
     4.9  Stock Purchase Warrant dated August 16, 2004, of KLM Consulting
          exercisable to purchase 3,750,000 shares of common stock at $0.20 per
          share through August 15, 2006. (Incorporated in this report by
          reference to exhibit 4.9 to the annual report on Form 10-KSB filed on
          May 20, 2005.)

     4.10 Series A Stock Purchase Warrant dated November 12, 2004, of EIB
          Capital Corp. exercisable to purchase 5,000,000 shares of common stock
          at $0.20 per share through November 11, 2007. (Incorporated in this
          report by reference to exhibit 4.10 to the annual report on Form
          10-KSB filed on May 20, 2005.)

     4.11 Series B Stock Purchase Warrant dated November 12, 2004, of EIB
          Capital Corp. exercisable to purchase 2,500,000 shares of common stock
          through November 11, 2008, of which two series B warrants are
          exercisable to purchase one share of common stock for $0.40.
          (Incorporated in this report by reference to exhibit 4.11 to the
          annual report on Form 10-KSB filed on May 20, 2005.)

     4.12 Series A Stock Purchase Warrant dated January 3, 2005, of Jean Guy
          Lambert exercisable to purchase 2,000,000 shares of common stock at
          $0.30 per share through January 2, 2007. (Incorporated in this report
          by reference to exhibit 4.12 to the annual report on Form 10-KSB filed
          on May 20, 2005.)

     4.13 Series B Stock Purchase Warrant dated January 3, 2005, of Jean Guy
          Lambert exercisable to purchase 2,000,000 shares of common stock at
          $0.45 per share through January 20, 2007. (Incorporated in this report
          by reference to exhibit 4.13 to the annual report on Form 10-KSB filed
          on May 20, 2005.)

     4.14 Amended Series A Stock Purchase Warrant dated February 8, 2005, of EIB
          Capital Corp. exercisable to purchase 7,000,000 shares of common stock
          through February 7, 2008, of which five series A warrants are
          exercisable to purchase seven shares of common stock for $1.40.
          (Incorporated in this report by reference to exhibit 4.14 to the
          annual report on Form 10-KSB filed on May 20, 2005.)

     4.15 Amended Series B Stock Purchase Warrant dated February 8, 2005, of EIB
          Capital Corp. exercisable to purchase 7,000,000 shares of common stock
          through February 7, 2009, of which five series B warrants are
          exercisable to purchase seven shares of common stock for $2.80.
          (Incorporated in this report by reference to exhibit 4.15 to the
          annual report on Form 10-KSB filed on May 20, 2005.)

     4.16 Series C Stock Purchase Warrant dated February 8, 2005, of EIB Capital
          Corp. exercisable to purchase 1,500,000 shares of common stock through
          February 7, 2009, of which ten series C warrants are exercisable to
          purchase three shares of common stock for $0.60. (Incorporated in this
          report by reference to exhibit 4.16 to the annual report on Form
          10-KSB filed on May 20, 2005.)

     4.17 Stock Purchase Warrant dated March 29, 2005, of Alpha Capital
          Aktiengesellschaft exercisable to purchase 666,667 shares of common
          stock at $0.20 per share through March 28, 2008, of which two warrants
          are exercisable to purchase one share of common stock for $0.35.
          (Incorporated in this report by reference to exhibit 4.17 to the
          annual report on Form 10-KSB filed on May 20, 2005.)

                                       9
<PAGE>
     4.18 Series A Stock Purchase Warrant dated June 23, 2005, of EIB Capital
          Corp. exercisable to purchase 1,680,000 shares of common stock through
          June 22, 2008, of which five series A warrants are exercisable to
          purchase seven shares of common stock for $1.40. (Incorporated in this
          report by reference to exhibit 4.18 to the quarterly report on Form
          10-QSB filed on September 21, 2005.)

     4.19 Series B Stock Purchase Warrant dated June 23, 2005, of EIB Capital
          Corp. exercisable to purchase 1,680,000 shares of common stock through
          June 22, 2009, of which five series B warrants are exercisable to
          purchase seven shares of common stock for $2.80. (Incorporated in this
          report by reference to exhibit 4.19 to the quarterly report on Form
          10-QSB filed on September 21, 2005.)

     4.20 Series C Stock Purchase Warrant dated June 23, 2005, of EIB Capital
          Corp. exercisable to purchase 360,000 shares of common stock through
          June 22, 2009, of which ten series C warrants are exercisable to
          purchase three shares of common stock for $0.60. (Incorporated in this
          report by reference to exhibit 4.20 to the quarterly report on Form
          10-QSB filed on September 21, 2005.)

     4.21 Class D Common Stock Purchase Warrant dated August 5, 2005, of Alpha
          Capital Aktiengesellschaft exercisable to purchase 2,500,000 shares of
          common stock at $0.28 per share through August 5, 2009. (Incorporated
          in this report by reference to exhibit 4.21 to the quarterly report on
          Form 10-QSB filed on September 21, 2005.)

     4.22 Class D Common Stock Purchase Warrant dated August 5, 2005, of
          Whalehaven Capital Fund Limited exercisable to purchase 1,176,471
          shares of common stock at $0.28 per share through August 5, 2009.
          (Incorporated in this report by reference to exhibit 4.22 to the
          quarterly report on Form 10-QSB filed on September 21, 2005.)

     4.23 Class D Common Stock Purchase Warrant dated August 5, 2005, of CMS
          Capital exercisable to purchase 588,235 shares of common stock at
          $0.28 per share through August 5, 2009. (Incorporated in this report
          by reference to exhibit 4.23 to the quarterly report on Form 10-QSB
          filed on September 21, 2005.)

     4.24 Class D Common Stock Purchase Warrant dated August 5, 2005, of Osher
          Capital, Inc., exercisable to purchase 294,118 shares of common stock
          at $0.28 per share through August 5, 2009. (Incorporated in this
          report by reference to exhibit 4.24 to the quarterly report on Form
          10-QSB filed on September 21, 2005.)

     4.25 Stock Option Agreement dated August 4, 2005, between Savoy Resources
          Corp. and William T. Warden as to 500,000 shares of common stock.
          (Incorporated in this report by reference to exhibit 4.25 to the
          annual report on Form 10-KSB filed on May 25, 2006.)


                                       10
<PAGE>
     4.26 Stock Option Agreement dated January 1, 2006, between Savoy Resources
          Corp. and Inteco Holdings, Ltd., as to 1,000,000 shares of common
          stock. (Incorporated in this report by reference to exhibit 4.26 to
          the annual report on Form 10-KSB filed on May 25, 2006.)

     4.27 Stock Option Agreement dated January 1, 2006, between Savoy Resources
          Corp. and Tinjian Chinaquantum Investment and Trade Co., Ltd., as to
          1,000,000 shares of common stock. (Incorporated in this report by
          reference to exhibit 4.27 to the annual report on Form 10-KSB filed
          on May 25, 2006.)

     4.28 Stock Option Agreement dated January 1, 2006, between Savoy Resources
          Corp. and Pagentry Place Investments, Ltd., as to 1,000,000 shares of
          common stock. (Incorporated in this report by reference to exhibit
          4.28 to the annual report on Form 10-KSB filed on May 25, 2006.)

     4.29 Stock Option Agreement dated January 1, 2006, between Savoy Resources
          Corp. and William T. Warden as to 500,000 shares of common stock.
          (Incorporated in this report by reference to exhibit 4.29 to the
          annual report on Form 10-KSB filed on May 25, 2006.)

     4.30 Stock Option Agreement dated January 1, 2006, between Savoy Resources
          Corp. and Coldway, Ltd., as to 500,000 shares of common stock.
          (Incorporated in this report by reference to exhibit 4.30 to the
          annual report on Form 10-KSB filed on May 25, 2006.)

    10.0  Share Purchase Agreement dated December 23, 2003, between Savoy
          Capital Investments, Inc., and Geoffrey Armstrong with regard to the
          issuance of 7,500,000 shares of common stock in exchange for 97% of
          Siranna. (Incorporated in this report by reference to exhibit 10.0 to
          the annual report on Form 10-KSB filed on April 26, 2004.)

    10.1  Executive Services Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Robert Slavik. (Incorporated in this
          report by reference to exhibit 10.1 to the annual report on Form
          10-KSB filed on April 26, 2004.)

    10.2  Consulting Services Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Robert T. Slavik of Pacific Gems
          Trading. (Incorporated in this report by reference to exhibit 10.2 to
          the annual report on Form 10-KSB filed on April 26, 2004.)

    10.3  Consulting Services Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Jean Bruno Besy Andriamanolo.
          (Incorporated in this report by reference to exhibit 10.3 to the
          annual report on Form 10-KSB filed on April 26, 2004.)

     10.4 Consulting Services Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Weiguo Lang of Chinaquantum Investments
          Ltd. (Incorporated in this report by reference to exhibit 10.4 to the
          annual report on Form 10-KSB filed on April 26, 2004.)

                                       12
<PAGE>
    10.5  Consulting Services Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Byron Hampton. (Incorporated in this
          report by reference to exhibit 10.5 to the annual report on Form
          10-KSB filed on April 26, 2004.)

    10.6  Consulting Services Agreement dated January 2, 2004, between Savoy
          Capital Investments, Inc., and Geoffrey Armstrong. (Incorporated in
          this report by reference to exhibit 10.6 to the annual report on Form
          10-KSB filed on April 26, 2004.)

    10.7  Product Marketing Consulting Services Agreement dated January 2, 2004,
          between Savoy Capital Investments, Inc, and Therese Ramond.
          (Incorporated in this report by reference to exhibit 10.7 to the
          annual report on Form 10-KSB filed on April 26, 2004.)

    10.8  Product Marketing Consulting Services Agreement dated January 2, 2004,
          between Savoy Capital Investments, Inc., and Katalin Williams.
          (Incorporated in this report by reference to exhibit 10.8 to the
          annual report on Form 10-KSB filed on April 26, 2004.)

    10.9  Business Consultant Services Agreement dated January 2, 2004, between
          Savoy Capital Investments, Inc., and Art Charpentier. (Incorporated in
          this report by reference to exhibit 10.9 to the annual report on Form
          10-KSB filed on April 26, 2004.)

    10.10 Consulting Agreement dated February 3, 2004, between Savoy Capital
          Investments, Inc., and Andrew N. Peterie, Sr. (Incorporated in this
          report by reference to exhibit 10.10 to the annual report on Form
          10-KSB filed on April 26, 2004.)

    10.11 Mutual Release and Indemnification Agreement dated July 15, 2004,
          between Savoy Resources Corp., Geoffrey Armstrong and Robert Slavik,
          on the one hand, and Floyd Wandler and Clint Sharples, on the other
          hand. (Incorporated in this report by reference to exhibit 10.11 to
          the annual report on Form 10-KSB filed on May 20, 2005.)

    10.12 Subscription Agreement dated August 16, 2004, between Savoy Resources
          Corp. and KLM Consulting as to 3,750,000 units, each unit consisting
          of one share of common stock and one warrant exercisable to purchase
          one share of common stock at $0.20 per share through August 15, 2006.
          (Incorporated in this report by reference to exhibit 10.12 to the
          annual report on Form 10-KSB filed on May 20, 2005.)

    10.13 Securities Purchase Agreement dated November 12, 2004, between Savoy
          Resources Corp. and EIB Capital Corp. as to 5,000,000 units, each unit
          consisting of one share of common stock, one series A warrant
          exercisable to purchase one share of common stock at $0.20 per share
          through November 11, 2007, and one series B warrant exercisable to
          purchase one-half share of common stock through November 11, 2008, of
          which two series B warrants are exercisable to purchase one share of
          common stock for $0.40. (Incorporated in this report by reference to
          exhibit 10.13 to the annual report on Form 10-KSB filed on May 20,
          2005.)

                                       12
<PAGE>
    10.14 Subscription Agreement dated January 3, 2005, between Savoy Resources
          Corp. and Jean Guy Lambert as to 2,000,000 units, each unit consisting
          of one share of common stock, one series A warrant exercisable to
          purchase one share of common stock at $0.30 per share, and one series
          B warrant exercisable to purchase one share of common stock at $0.45
          per share, through January 2, 2007. (Incorporated in this report by
          reference to exhibit 10.14 to the annual report on Form 10-KSB filed
          on May 20, 2005.)

    10.15 Amended Securities Purchase Agreement dated February 8, 2005, between
          Savoy Resources Corp. and EIB Capital Corp as to 5,000,000 units, each
          unit consisting of one share of common stock, one series A warrant
          exercisable to purchase one and two-fifths shares of common stock
          through February 8, 2008, of which five series A warrants are
          exercisable to purchase seven shares of common stock for $1.40, one
          series B warrant exercisable to purchase one and two-fifths shares of
          common stock through February 8, 2009, of which five series B warrants
          are exercisable to purchase seven shares of common stock for $2.80,
          and one series C warrant exercisable to purchase three-tenths share of
          common stock through February 8, 2009, of which ten series C warrants
          are exercisable to purchase three share of common stock for $0.60.
          (Incorporated in this report by reference to exhibit 10.15 to the
          annual report on Form 10-KSB filed on May 20, 2005.)

    10.16 Agreement for the Sale and Cancellation of Shares of Common Stock of
          Savoy Resources Corp. and Sale of Shares of Societe Siranna S.A.R.L.
          dated April 23, 2005, between Savoy Resources Corp. and Robert Slavik.
          (Incorporated in this report by reference to exhibit 10.16 to the
          annual report on Form 10-KSB filed on May 20, 2005.)

    10.17 Subscription Agreement dated March 29, 2005, between Savoy Resources
          Corp. and Alpha Capital Aktiengesellschaft as to 1,333,333 units, each
          unit consisting of one share of common stock and one warrant
          exercisable to purchase one-half share of common stock through March
          28, 2008, of which two warrants are exercisable to purchase one share
          of common stock for $0.35. (Incorporated in this report by reference
          to exhibit 10.17 to the annual report on Form 10-KSB filed on May 20,
          2005.)

    10.18 Addendum to Contract Between the First Institute of Geology
          Exploration of Heilongjiang Province and Savoy Resources Corp. dated
          May 11, 2005. (Incorporated in this report by reference to exhibit
          10.18 to the annual report on Form 10-KSB filed on May 20, 2005.)

    10.19 Settlement Agreement and Mutual Release dated May 13, 2005, between
          Byron Hampton, Floyd Wandler, Ryan Wandler, Louis Gheyle, Dimka
          Boussy, 676538 B.C. Ltd., Donna Koop, Cathy Tough and Platinum
          Resource Holdings, Inc., on the one hand, and Savoy Resources Corp.,
          PacWest Transfer, LLC, Weiguo Lang, Patricia Cudd and Daniel S.
          Mckinney, on the other hand. (Incorporated in this report by reference
          to exhibit 10.19 to the annual report on Form 10-KSB filed on May 20,
          2005.)

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    10.20 Securities Purchase Agreement dated June 23, 2005, between Savoy
          Resources Corp. and EIB Capital Corp as to 1,200,000 units, each unit
          consisting of one share of common stock, one series A warrant
          exercisable to purchase one and two-fifths shares of common stock
          through June 22, 2008, of which five series A warrants are exercisable
          to purchase seven shares of common stock at $1.40, one series B
          warrant exercisable to purchase one and two-fifths shares of common
          stock through June 22, 2009, of which five series B warrants are
          exercisable to purchase seven shares of common stock at $2.80, and one
          series C warrant exercisable to purchase three-tenths share of common
          stock through June 22, 2009, of which ten series C warrants are
          exercisable to purchase three shares of common stock at $0.60.
          (Incorporated in this report by reference to exhibit 10.20 to the
          annual report on Form 10-QSB filed on May 20, 2005.)

    10.21 Subscription Agreement dated as of August 5, 2005, between Savoy
          Resources Corp. and Alpha Capital Aktiengesellschaft, Whalehaven
          Capital Fund Limited, CMS Capital and Osher Capital Inc. (Incorporated
          in this report by reference to exhibit 10.21 to the quarterly report
          on Form 10-QSB filed on September 21, 2005.)

    10.22 Secured Convertible Note dated as of August 5, 2005, due August 5,
          2006, in the principal amount of $425,000, bearing simple interest at
          the rate of 5% per annum, payable by Savoy Resources Corp. to Alpha
          Capital Aktiengesellschaft. (Incorporated in this report by reference
          to exhibit 10.22 to the quarterly report on Form 10-QSB filed on
          September 21, 2005.)

    10.23 Secured Convertible Note dated as of August 5, 2005, due August 5,
          2006, in the principal amount of $200,000, bearing simple interest at
          the rate of 5% per annum, payable by Savoy Resources Corp. to
          Whalehaven Capital Fund Limited. (Incorporated in this report by
          reference to exhibit 10.23 to the quarterly report on Form 10-QSB
          filed on September 21, 2005.)

    10.24 Secured Convertible Note dated as of August 5, 2005, due August 5,
          2006, in the principal amount of $100,000, bearing simple interest at
          the rate of 5% per annum, payable by Savoy Resources Corp. to CMS
          Capital. (Incorporated in this report by reference to exhibit 10.24 to
          the quarterly report on Form 10-QSB filed on September 21, 2005.)

    10.25 Secured Convertible Note dated as of August 5, 2005, due August 5,
          2006, in the principal amount of $50,000, bearing simple interest at
          the rate of 5% per annum, payable by Savoy Resources Corp. to Osher
          Capital Inc. (Incorporated in this report by reference to exhibit
          10.25 to the quarterly report on Form 10-QSB filed on September 21,
          2005.)

    10.26 Security Agreement dated as of August 5, 2005, between Savoy
          Resources Corp. and Barbara R. Mittman. (Incorporated in this report
          by reference to exhibit 10.26 to the quarterly report on Form 10-QSB
          filed on September 21, 2005.)

                                       14
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    10.27 Guaranty Agreement dated as of August 5, 2005, between Heilongjiang
          Savoy Minerals Co., Ltd., and Barbara R. Mittman. (Incorporated in
          this report by reference to exhibit 10.27 to the quarterly report on
          Form 10-QSB filed on September 21, 2005.)

    10.28 Collateral Agent Agreement dated as of August 5, 2005, among Barbara
          R. Mittman, Alpha Capital Aktiengesellschaft, Whalehaven Capital Fund
          Limited, CMS Capital and Osher Capital Inc. (Incorporated in this
          report by reference to exhibit 10.28 to the quarterly report on Form
          10-QSB filed on September 21, 2005.)

    10.29 Settlement Agreement dated July 5, 2005, between Savoy Resources
          Corp. and Wall Street Investor Resources Corp. (Incorporated in this
          report by reference to exhibit 10.29 to the quarterly report on Form
          10-QSB filed on November 22, 2005.)

    10.30 Settlement Agreement dated October 5, 2005, between Savoy Resources
          Corp. and Thomas J. Deutsch Law Corporation. (Incorporated in this
          report by reference to exhibit 10.30 to the quarterly report on Form
          10-QSB filed on November 22, 2005.)

    10.31 Executive Services Agreement dated as of January 1, 2006, between
          Savoy Resources Corp. and Arthur Johnson. (Incorporated in this report
          by reference to exhibit 10.31 to the annual report on Form 10-KSB
          filed on May 25, 2006.)

    10.32 Consulting Agreement dated as of January 1, 2006, between Savoy
          Resources Corp. and Weiguo Lang. (Incorporated in this report by
          reference to exhibit 10.32 to the annual report on Form 10-KSB filed
          on May 25, 2006.)

    10.33 Consulting Agreement dated as of January 1, 2006, between Savoy
          Resources Corp. and Patricia Cudd. (Incorporated in this report by
          reference to exhibit 10.33 to the annual report on Form 10-KSB filed
          on May 25, 2006.)

    10.34 Agreement for Sale and Purchase of Shares in Heilongjiang Savoy
          Minerals Co. Limited dated March 31, 2006, between Savoy Resources
          Corp. and Black Dragon Resources Ltd. (Incorporated in this report by
          reference to exhibit 10.34 to the annual report on Form 10-KSB filed
          on May 25, 2006.)

    10.35 Securities Purchase Agreement dated April 13, 2006, between Savoy
          Resources Corp. and SDM Consultant Corp. as to 5,000,000 shares of
          common stock. (Incorporated in this report by reference to exhibit
          10.35 to the annual report on Form 10-KSB filed on May 25, 2006.)

    10.36 Agreement By and Among Savoy Resources Corp., Alpha Capital
          Aktiengesellschaft, Whalehaven Capital Fund Limited, CMS Capital and
          Osher Capital, Inc. dated as of May 16, 2006. (Incorporated in this
          report by reference to exhibit 10.36 to the annual report on Form
          10-KSB filed on May 25, 2006.)

                                       15
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     14.0 Code of Ethics. (Incorporated in this report by reference to exhibit
          14.0 to the annual report on Form 10-KSB filed on May 20, 2005.)

     31.1* Certificate pursuant to Rule 13a-14a.

     32.1* Certificate pursuant to 18 U.S.C. (xi) 1350.

     99.1 Audit Committee Charter. (Incorporated in this report by reference to
          exhibit 99.1 to the annual report on Form 10-KSB filed on May 20,
          2005.)

     99.2 Disclosure Committee Charter. (Incorporated in this report by
          reference to exhibit 99.2 to the annual Report on Form 10-KSB filed on
          May 20, 2005.)

------------------

*Filed herewith.


                                   SIGNATURES

     The financial information furnished in this report has not been audited by
an independent accountant; however, in the opinion of management, all
adjustments (only consisting of normal recurring accruals) necessary for a fair
presentation of the results of operations for the quarter ended March 31, 2006,
have been included.

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

                                       SAVOY RESOURCES CORP.



Date:  July 27, 2006                   By: /s/ Arthur Johnson
                                           ----------------------------
                                           Arthur Johnson, President,
                                           Chief Executive Officer,
                                           Chief  Financial Officer and
                                           Principal Accounting Officer


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