| Yukon, Canada                                                       | 04-3779327                             |
|---------------------------------------------------------------------|----------------------------------------|
| (State      or other jurisdiction of incorporation or organization) | (IRS      Employer Identification No.) |

| Large      accelerated filer [ ]                                           | Accelerated      File [ ]                                  |
|----------------------------------------------------------------------------|------------------------------------------------------------|
| Non-accelerated      filer (do not check if smaller reporting company) [ ] | Smaller      reporting company    [ X] |

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|                                                                                                               |   |
|--------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                               |   | January      31, 2010 |   |   | July      31, 2009 |   |
|                                                                                                               |
| ASSETS                                                                                                             |   | (Unaudited) |   |   |   |   |
| Current                                                                                                            |   |   |   |   |   |   |
| Cash      and cash equivalents                                                                                     |   | $ | 16,015 |   |   | $ | 2,599 |   |
| Prepaid      Expenses                                                                                              |   |   | 2,497 |   |   |   | - |   |
| Other      receivables                                                                                             |   |   | 18 |   |   |   | 18 |   |
| Total      current assets                                                                                          |   | $ | 18,530 |   |   | $ | 2,617 |   |
|                                                                                                               |   |   |   |   |   |   |   |   |
| LIABILITIES      AND STOCKHOLDER'S DEFICIT                                                                         |   |   |   |   |   |   |   |   |
| Current      liabilities                                                                                           |   |   |   |   |   |   |   |   |
| Accounts      payable and accrued liabilities                                                                      |   | $ | 142,593 |   |   | $ | 148,005 |   |
| Due      to related parties                                                                                        |   |   | 35,107 |   |   |   | 33,527 |   |
| Liabilities      due to related parties to be settled in stock                                                     |   |   | 463,500 |   |   |   | 403,500 |   |
| Total      current liabilities                                                                                     |   |   | 641,200 |   |   |   | 585,032 |   |
|                                                                                                               |   |   |   |   |   |   |   |   |
| Commitments      and Contingencies                                                                                 |   |   | - |   |   |   | - |   |
|                                                                                                               |   |   |   |   |   |   |   |   |
| Stockholders'      deficit                                                                                         |   |   |   |   |   |   |   |   |
| Preferred      stock:  no par value, 100,000,000 shares authorized, no shares      issued or outstanding |   |   | - |   |   |   | - |   |
| Common      stock:  no par value, 100,000,000 authorized, 11,809,982      issued                         |   |   |   |   |   |   |   |   |
| and      outstanding                                                                                               |   |   | 2,804,748 |   |   |   | 2,804,748 |   |
| Deficit      accumulated during development stage                                                                  |   |   | (1,269,492 | ) |   |   | (1,229,237 | ) |
| Accumulated      deficit                                                                                           |   |   | (1,899,000 | ) |   |   | (1,899,000 | ) |
| Accumulated      other comprehensive loss                                                                          |   |   | (258,926 | ) |   |   | (258,926 | ) |
|    Total      stockholders' deficit                                                                 |   |   | (622,670 | ) |   |   | (582,415 | ) |
|            Total      liabilities and Stockholders' deficit |   | $ | 18,530 |   |   | $ | 2,617 |   |

----

|                                                                                 |   |                                                       |              |   |                                                       |   |       |                                                    |   |   |                                                    |   |   |                                                                                                          |       |
|--------------------------------------------------------------------------------------|--------|------------------------------------------------------------|-------------------|--------|------------------------------------------------------------|--------|------------|---------------------------------------------------------|--------|--------|---------------------------------------------------------|--------|--------|---------------------------------------------------------------------------------------------------------------|------------|
|                                                                                 |   | Three-Month      Period ended January 31, 2010 (Unaudited) |              |   | Three-Month      Period ended January 31, 2009 (Unaudited) |   |       | Six-Month      Period ended January 31, 2010(Unaudited) |   |   | Six-Month      Period ended January 31, 2009(Unaudited) |   |   | Cumulative      from the Beginning of Development Stage (August 1, 2002) to January 31,      2010 (Unaudited) |       |
| REVENUE                                                                              |   | $                                                          | -                 |   |                                                       | $      | -          |                                                    |   | $      | -                                                       |   |   | $                                                                                                             | -          |   |   | $ | - |   |
| EXPENSES                                                                             |   |                                                       |              |   |                                                       |   |       |                                                    |   |   |                                                    |   |   |                                                                                                          |       |   |   |   |   |   |
| General      and administrative expenses                                             |   |                                                       | 5,073             |   |                                                       |   | 2,204      |                                                    |   |   | 8,296                                                   |   |   |                                                                                                          | 3,813      |   |   |   | 834,234 |   |
| Professional      fees                                                               |   |                                                       | 7,330             |   |                                                       |   | 23,774     |                                                    |   |   | 31,959                                                  |   |   |                                                                                                          | 30,413     |   |   |   | 442,414 |   |
| Total      expenses                                                                  |   |                                                       | 12,403            |   |                                                       |   | 25,978     |                                                    |   |   | 40,255                                                  |   |   |                                                                                                          | 34,226     |   |   |   | 1,276,648 |   |
| Loss      before other income and (expenses)                                         |   |                                                       | (12,403           | )      |                                                       |   | (25,978    | )                                                       |   |   | (40,255                                                 | )      |   |                                                                                                          | (34,226    | ) |   |   | (1,276,648 | ) |
|                                                                                 |   |                                                       |              |   |                                                       |   |       |                                                    |   |   |                                                    |   |   |                                                                                                          |       |   |   |   |   |   |
| OTHER      INCOME AND (EXPENSES)                                                     |   |                                                       |              |   |                                                       |   |       |                                                    |   |   |                                                    |   |   |                                                                                                          |       |   |   |   |   |   |
| Interest      expense                                                                |   |                                                       | -                 |   |                                                       |   | (1,435     | )                                                       |   |   | -                                                       |   |   |                                                                                                          | (7,567     | ) |   |   | (50,965 | ) |
| Settlement      income                                                               |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | 44,653 |   |
| Gain      (loss) on settlement of debt                                               |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | 72,603 |   |
| Foreign      currency translation income                                             |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | 1,651 |   |
| Loss      on write-down of other asset                                               |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | (20,397 | ) |
| Loss      on disposal of fixed asset                                                 |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | (719 | ) |
| Consulting      and administrative income                                            |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | 2,676 |   |
| Gain      on advances for film production                                            |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | 500 |   |
| Other      expense                                                                   |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | (2,765 | ) |
| Other      income                                                                    |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | 2,407 |   |
| Total      Other income and (expense)                                                |   |                                                       | -                 |   |                                                       |   | (1,435     | )                                                       |   |   | -                                                       |   |   |                                                                                                          | (7,567     | ) |   |   | 49,644 |   |
| Loss      before income taxes                                                        |   |                                                       | (12,403           | )      |                                                       |   | (27,413    | )                                                       |   |   | (40,255                                                 | )      |   |                                                                                                          | (41,793    | ) |   |   | (1,227,004 | ) |
| Provision      for income taxes                                                      |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | - |   |
| Net      Loss from Continuing Operations                                             |   | $                                                          | (12,403           | )      |                                                       | $      | (27,413    | )                                                       |   | $      | (40,255                                                 | )      |   | $                                                                                                             | (41,793    | ) |   | $ | (1,227,004 | ) |
| DISCONTINUED      OPERATIONS:                                                        |   |                                                       |              |   |                                                       |   |       |                                                    |   |   |                                                    |   |   |                                                                                                          |       |   |   |   |   |   |
|     Loss      from discontinued operations                       |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | (42,488 | ) |
| Net      Loss                                                                        |   | $                                                          | (12,403           | )      |                                                       | $      | (27,413    | )                                                       |   | $      | (40,255                                                 | )      |   | $                                                                                                             | (41,793    | ) |   | $ | (1,269,492 | ) |
| OTHER      COMPREHENSIVE LOSS                                                        |   |                                                       |              |   |                                                       |   |       |                                                    |   |   |                                                    |   |   |                                                                                                          |       |   |   |   |   |   |
|     Foreign      currency translation adjustments                |   |                                                       | -                 |   |                                                       |   | -          |                                                    |   |   | -                                                       |   |   |                                                                                                          | -          |   |   |   | (258,926 | ) |
| Comprehensive      loss                                                              |   | $                                                          | (12,403           | )      |                                                       | $      | (27,413    | )                                                       |   | $      | (40,255                                                 | )      |   | $                                                                                                             | (41,793    | ) |   | $ | (1,528,418 | ) |
| BASIC      AND DILUTED LOSS PER COMMON SHARE:                                        |   |                                                       |              |   |                                                       |   |       |                                                    |   |   |                                                    |   |   |                                                                                                          |       |   |   |   |   |   |
| Basic      and diluted loss per common share                                         |   |                                                       |  *           |   |                                                       |   | *          |                                                    |   |   | *                                                       |   |   |                                                                                                          | *          |   |   |   |   |   |
| Weighted      average number of common shares outstanding                            |   |                                                       |   11,809,982 |   |                                                       |   | 11,809,982 |                                                    |   |   | 11,809,982                                              |   |   |                                                                                                          | 11,809,982 |   |   |   |   |   |
|                                                                                 |   |                                                       |              |   |                                                       |   |       |                                                    |   |   |                                                    |   |   |                                                                                                          |       |   |   |   |   |   |
| * -      Less than (0.01)                                                            |   |
| See      accompanying notes to the unaudited consolidated financial      statements. |   |

----

|                                                                                            |   | Six-Month      Period ended January 31, 2010 (Unaudited) |    |   | Six-Month      Period ended January 31, 2009 (Unaudited) |   |    | Cumulative      from the Beginning of Development Stage (August 1, 2002) to January 31,      2010 (Unaudited) |   |
|-------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------|---------|--------|----------------------------------------------------------|--------|---------|---------------------------------------------------------------------------------------------------------------|--------|
| CASH      FLOWS (TO) FROM OPERATING ACTIVITIES                                                  |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |
| Net      income (loss) from operations                                                          |   | $                                                        | (40,255 | )      |                                                     | $      | (41,793 | )                                                                                                             |   | $ | (1,269,492 | ) |
| Adjustments      to reconcile net  loss to net cash used in                           |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| operating      activities                                                                       |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| Loss      from discontinued                                                                     |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 42,488 |   |
| Loss      on disposal of fixed asset                                                            |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 719 |   |
| Loss      on write down of other assets                                                         |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 20,397 |   |
| Gain      on settlement of debt                                                                 |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | (72,010 | ) |
| Depreciation      expense                                                                       |   |                                                     | -       |   |                                                     |   | 230     |                                                                                                          |   |   | 7,356 |   |
| Common      stock issued for services                                                           |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 50,000 |   |
| Changes      in assets and liabilities                                                          |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| Decrease      (increase) in other receivables                                                   |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 20,421 |   |
| Decrease      (Increase) in prepaid expenses                                                    |   |                                                     | (2,497  | )      |                                                     |   | -       |                                                                                                          |   |   | (2,460 | ) |
| Increase      (decrease) in accounts payable and accrued liabilities                            |   |                                                     | (5,412  | )      |                                                     |   | 10,562  |                                                                                                          |   |   | 426,659 |   |
| Increase      (decrease) in due to   related parties to be settled in      stock |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 27,250 |   |
| Increase      in due to related parties                                                         |   |                                                     | 1,580   |   |                                                     |   | 4,196   |                                                                                                          |   |   | 200,264 |   |
| Net      cash (used in) provided by operating activities                                        |   |                                                     | (46,584 | )      |                                                     |   | (26,805 | )                                                                                                             |   |   | (548,408 | ) |
|                                                                                            |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| CASH      FLOWS (TO) FROM INVESTING ACTIVITIES                                                  |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| Purchase      of fixed assets                                                                   |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | (2,194 | ) |
| Acquisition      of receivables portfolios                                                      |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | (76,171 | ) |
| Advances      for film production                                                               |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | (20,397 | ) |
| Collection      of receivables portfolios                                                       |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 24,139 |   |
| Net      cash used in investing activities                                                      |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | (74,623 | ) |
|                                                                                            |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| CASH      FLOWS (TO) FROM FINANCING ACTIVITIES                                                  |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| Issuance      of common stock for cash                                                          |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 170,229 |   |
| Stock      subscriptions received in advance                                                    |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 31,753 |   |
| Proceeds      from notes payable-related party                                                  |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 328,575 |   |
| Repayment      of promissory notes payable                                                      |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | (4,811 | ) |
| Proceeds      from sale of common stock to be issued                                            |   |                                                     | 60,000  |   |                                                     |   | 27,500  |                                                                                                          |   |   | 122,500 |   |
| Repayments      to related parties                                                              |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | (10,000 | ) |
| Net      cash provided by (used in) financing activities                                        |   |                                                     | 60,000  |   |                                                     |   | 27,500  |                                                                                                          |   |   | 638,246 |   |
|                                                                                            |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| Effect      of foreign currency translation                                                     |   |                                                     | -       |   |                                                     |   | -       |                                                                                                          |   |   | 364 |   |
| Change      in cash and cash equivalents during period                                          |   |                                                     | 13,416  |   |                                                     |   | 695     |                                                                                                          |   |   | 15,579 |   |
| Cash      and cash equivalents beginning of the period                                          |   |                                                     | 2,599   |   |                                                     |   | 1,183   |                                                                                                          |   |   | 436 |   |
|                                                                                            |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |
| Cash      and cash equivalents end of the period                                                |   | $                                                        | 16,015  |   |                                                     | $      | 1,878   |                                                                                                          |   | $ | 16,015 |   |
|                                                                                            |   |                                                     |    |   |                                                     |   |    |                                                                                                          |   |   |   |   |

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|   | Organization |
|--------|--------------|

|   | Bravo      Resource Partners Ltd. (the “Company”) was incorporated in the Province of      British Columbia on November 14, 1986, and continued into the Yukon      Territory under the Business Corporations Act on January 21, 2000. The      Company is in the development stage as defined in Financial Accounting      Standards Board Accounting Standards Codification ("ASC") Topic 915,      "Development Stage Entities". The Company's fiscal year end is July      31. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      Company’s common stock trades on the pink sheets under the stock      symbol “BRPNF”.  |
|--------|-----------------------------------------------------------------------------------------------------------------------------|

|   | Going-concern |
|--------|---------------|

|   | The      Company’s consolidated financial statements are prepared in conformity      with generally accepted accounting principles in the United States of      America applicable to a going concern, which contemplates the realization      of assets and liquidation of liabilities in the normal course of      business.  However, as shown in the accompanying consolidated      financial statements, the Company has sustained substantial losses from      operations since inception, and as of January 31, 2010, had an accumulated      deficit of $3,168,492 and a working capital deficit of      $622,670.  The Company has no current source of revenue. In      addition, the Company has used, rather than provided, cash in the      Company’s operations. These factors, among others, raise substantial doubt      that the Company will be able to continue as a going concern for a      reasonable amount of time.  These consolidated financial      statements do not include any adjustments relating to the recoverability      and classification of recorded asset amounts and classification of      liabilities that might be necessary should the Company be unable to      continue operations. The Company's continuation as a going concern is      contingent upon its ability to obtain additional financing, and to      generate revenue and cash flow to meet its obligations on a timely basis.       It is management’s plan in this regard to obtain additional working      capital through borrowing or equity financing which may not be available.      The Company is currently precluded from issuing stock because it is      subject to cease trade orders issued by the British Columbia Securities      Commission and the Alberta Securities Commission.  The cease      trade orders were issued because of the Company's failure to provide the      required financial disclosures.  The Company plans to apply to      have the cease trade orders lifted once it becomes current on its      financial disclosures. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | For      a full description of the Company’s significant accounting policies, refer      to the footnotes to the audited financial statements for the Company for      its fiscal year ended July 31, 2009, included in the Company’s Annual      Report on Form 10-K for that year. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      accompanying unaudited consolidated financial statements of Bravo Resource      Partners Ltd. and subsidiaries have been prepared in accordance with U.S.      generally accepted accounting principles for interim information and with      the instructions to Form 10-Q and Regulation S-X promulgated by the      Securities and Exchange Commission ("SEC").  Accordingly, they      do not include all of the information and footnotes required by accounting      principles generally accepted in the United States for complete financial      statements.  In the opinion of management,  these |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | consolidated      financial statements include all adjustments of a normal and recurring      nature necessary for a fair presentation.  These unaudited      interim financial statements should be read in conjunction with the      audited financial statements and notes thereto included on Form 10-K for      the period ended July 31, 2009.  Operating results for the six      months ended January 31, 2010, may not necessarily be indicative of the      results that may be expected for the year ending July 31,      2010. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | These      consolidated financial statements include the accounts of the Company and      its wholly-owned inactive subsidiaries, Minera Oro Bravo S.A., a company      incorporated in Costa Rica, and Minera Oro Bravo Mexico, S.A. de C.V., a      company incorporated in Mexico.  Significant inter-company      balances and transactions were eliminated upon    consolidation. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Use of      Estimates |
|--------|-----------------------|

|   | The      preparation of the Company’s financial statements in conformity with      generally accepted accounting principles requires the Company’s management      to make estimates and assumptions that affect the amounts reported in      these financial statements and accompanying notes.  Actual      results could differ from thoseestimates. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | For      purposes of reporting cash flows, cash and cash equivalents consist of      time deposits and all liquid instruments with original maturities of three      months or less. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Income    Taxes |
|--------|-----------------|

|   | In      accordance with ASC Topic 740, "Income Taxes", the Company accounts for      income taxes under the asset and liability method. Deferred tax assets and      liabilities are recognized for the future tax consequences attributable to      differences between the financial statement carrying amounts of existing      assets and liabilities and their respective tax basis and operating loss      and tax credit carry-forwards. Deferred tax assets and liabilities are      measured using enacted tax rates expected to apply to taxable income in      the years in which those temporary differences are expected to be      recovered or settled. The effect on deferred tax assets and liabilities of      a change in tax rates is recognized in income in the period that includes      the enactment date. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      Company has adopted ASC Topic 740, "Accounting for Uncertainty in Income      Taxes", as of August 1, 2007. ASC Topic 740 clarifies the accounting for      uncertainty in income taxes recognized in companies’ financial statements      in accordance with ASC Topic 740, "Accounting for Income Taxes". As a      result, the Company applies a more-likely-than-not recognition threshold      for all tax uncertainties.  ASC Topic 740 only allows the recognition      of those tax benefits that have a greater than fifty percent likelihood of      being sustained upon examination by the taxing authorities. As a result of      implementing ASC Topic 740, the Company’s management has reviewed the      Company’s tax positions and determined there were no outstanding, or      retroactive tax positions with less than a 50% likelihood of being      sustained upon examination by the taxing authorities, therefore the      implementation of this standard has not had a material affect on the      Company. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Based      on its evaluation, the Company has concluded that there are no significant      uncertain tax positions requiring recognition in its financial statements.      The Company’s evaluation was performed for the tax years ended July 31,      2005 through 2009 for U.S. Federal Income Tax and for the State of      Colorado Income Tax, the tax years which remain subject to      examination by major tax jurisdictions as of January 31,    2010. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      Company does not have any unrecognized tax benefits as of January 31, 2010      which if recognized would affect the Company’s effective income tax      rate. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The Company’s policy is to recognize interest and penalties related to      income tax issues as components of income tax      expense. The Company did not recognize or incur any accrual for interest      and penalties relating to income taxes as of January 31,  2010. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 2. | SIGNIFICANT      ACCOUNTING POLICIES (cont.) |
|----|----------------------------------------------|

|   | Basic and Diluted Net Loss Per      Share |
|--------|-------------------------------------------|

|   | ASC      Topic 260,      "Earnings Per Share", provides for the calculation of “Basic” and      “Diluted” earnings per share.  Basic net loss per common share      includes no dilution and is computed by dividing the net loss by the      weighted average number of common shares outstanding during each      period.  All potentially dilutive securities have been excluded      from the computations since they would be anti-dilutive.  As of      January 31, 2010 and 2009, there are no outstanding warrants, options or      other potentially dilutive Securities  outstanding. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      Company has adopted all recently issued accounting pronouncements. The      adoption of the accounting pronouncements including those not yet      effective is not anticipated to have a material effect on the operations      of the Company. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Liabilities due to related      parties to be settled instock |
|--------|---------------------------------------------------------------|

| Liabilities      due to related parties to be settled in stock |   | Liability      Amount |        |   | Shares      to be Issued |   |               | Price      per share |   |
|----------------------------------------------------------------|--------|-----------------------|-------------|--------|--------------------------|--------|--------------------|----------------------|--------|
|                                                           |   |                  |        |   |                     |   |               |                 |   |   |   |   |
| Balance      July 31, 2006 (Asset Solutions)                   |   | $                     |  7,500 |   |                     |   |        76,316 |                 |   | $ |  0.10 |   |
|                                                           |   |                  |        |   |                     |   |               |                 |   |   |   |   |
| Asset      Solutions for 2007 services                         |   |                  | 17,500      |   |                     |   | 356,957            |                 |   |   | 0.05 |   |

----

|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
|---------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|-----------|--------|--------|--------|--------|--------|
| Balance,      July 31, 2007                                                                 |   | $      | 25,000  |   |   |   | 433,273   |   |   |   |   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Michael      Meier ($9,750 current and $16,250 reclassified from due to related      party) |   |   | 26,000  |   |   |   | 260,000   |   |   |   | 0.10   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Balance,      July 31, 2008                                                                 |   |   | 51,000  |   |   |   | 693,273   |   |   |   |   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Settlement      with Ernest Staggs                                                          |   |   | 70,000  |   |   |   | 700,000   |   |   |   | 0.10   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Settlement      with Tyrone and Tabea  Carter                                     |   |   | 70,000  |   |   |   | 700,000   |   |   |   | 0.10   |   |
| Settlement      of Alpine Pictures, Inc.  note      payable                       |   |   | 150,000 |   |   |   | 1,525,000 |   |   |   | 0.10   |   |
| Sale      of stock to Alpine Pictures, Inc.                                                 |   |   | 2,500   |   |   |   | 25,000    |   |   |   | 0.10   |   |
| Sale      of stock to Alpine Pictures, Inc.                                                 |   |   | 5,000   |   |   |   | 50,000    |   |   |   | 0.10   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Balance,      October 31, 2008                                                              |   |   | 348,500 |   |   |   | 3,693,273 |   |   |   |   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Sale      of stock to Alpine Pictures, Inc.                                                 |   |   | 20,000  |   |   |   | 400,000   |   |   |   | 0.05   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Balance,      January 31, 2009                                                              |   |   | 368,500 |   |   |   | 4,093,273 |   |   |   |   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Sale      of stock to Alpine Pictures, Inc.                                                 |   |   | 15,000  |   |   |   | 300,000   |   |   |   | 0.05   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Balance,      April 30, 2009                                                                |   |   | 383,500 |   |   |   | 4,393,273 |   |   |   |   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Sale      of stock to Alpine Pictures, Inc.                                                 |   |   | 20,000  |   |   |   | 400,000   |   |   |   | 0.05   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Balance,      July 31, 2009                                                                 |   |   | 403,500 |   |   |   | 4,793,273 |   |   |   |   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Sale      of stock to Alpine Pictures, Inc.                                                 |   |   | 30,000  |   |   |   | 600,000   |   |   |   | 0.05   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Balance,      October 31, 2009                                                              |   |   | 433,500 |   |   |   | 5,393,273 |   |   |   |   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Sale      of stock to Alpine Pictures, Inc.                                                 |   |   | 30,000  |   |   |   | 600,000   |   |   |   | 0.05   |   |
|                                                                                        |   |   |    |   |   |   |      |   |   |   |   |   |
| Balance,      January 31, 2010                                                              |   | $      | 463,500 |   |   |   | 5,993,273 |   |   |   |   |   |

----

----

|   | Bravo      Resource Partners Ltd. (the “Company”) was incorporated in the Province of      British Columbia on November 14, 1986, and continued into the Yukon      Territory under the Business Corporations Act on January 21, 2000. The      Company is in the development stage as defined in Financial Accounting      Standards Board Accounting Standards Codification ("ASC") Topic 915,      "Development Stage Entities". The Company's fiscal year end is July      31.  The Company’s common stock trades on the pink sheets      under the stock symbol“BRPNF”.  |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| SUMMARY      OF CASH FLOWS                     |   |                                                             |
|------------------------------------------------|--------|------------------------------------------------------------------|
|                                           |   | For      the Six-Month Period Ended January 31, 2010 (Unaudited) |   |   | For      the Six-Month Period Ended January 31, 2009 (Unaudited) |   |   | Cumulative      from the Beginning of Development State (August 1, 2002) to January 31,      2010 (Unaudited) |   |   |
| Cash      provided by or (used in):            |   |                                                             |   |   |   |   |   |   |   |   |
| Operating      activities                      |   | $                                                                | (46,584 | ) |   | $ | (26,805 | ) |   | $ | (548,408 | ) |   |
| Investing      activities                      |   | $                                                                | - |   |   | $ | - |   |   | $ | (74,623 | ) |   |
| Financing      activities                      |   | $                                                                | 60,000 |   |   | $ | 27,500 |   |   | $ | 638,246 |   |   |
| Net      change in cash & cash equivalents |   | $                                                                | 13,416 |   |   | $ | 695 |   |   | $ | 15,579 |   |   |

----

----

----

|   |   | Index of      Exhibits |
|--------|--------|------------------------|

|   | Exhibit No.       | Exhibit Name                                                                                                                          |
|--------|-------------------|---------------------------------------------------------------------------------------------------------------------------------------|
|   |              |                                                                                                                                  |
|   | Exhibit      3.1* | Articles      of Incorporation                                                                                                        |
|   | Exhibit      4*   | Instruments      Defining the Rights of Security Holders                                                                              |
|   | Exhibit      31.1 | Certificate      of Principal Executive Officer Pursuant to Section 302 of the      Sarbanes-Oxley Act of 2002                        |
|   | Exhibit      31.2 | Certificate      of Principal Financial Officer pursuant to Section 302 of The      Sarbanes-Oxley Act of 2002                        |
|   | Exhibit      32.1 | Certificate      of Principal Executive and Principal Financial Officer pursuant to Section      906 of The Sarbanes-Oxley Act of2002 |

|   | * | Incorporated      by reference to the same exhibit filed as part of the Company’s      Registration Statement on Form 10. |
|--------|---|---------------------------------------------------------------------------------------------------------------------------------|

| During      the six months ended January 31, 2010, we filed the following reports on      Form 8K: |
|----------------------------------------------------------------------------------------------------|
|                                                                                               |   |
|              b.)                  | Reports      on 8-K: |
|   |   |                                                                                                                            |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------|
|   | 1.)    | Current      Report on Form 8-K on September 29, 2009 regarding changes in the      Company’s certifying accountant.      |
|   |   |                                                                                                                            |
|   | 2.)    | Current      Report on Form 8-K on October 2, 2009 regarding changes in the Company’s      certifying accountant.         |
|   |   |                                                                                                                            |
|   | 3.)    | Amended      Current Report on Form 8-K on October 2, 2009 regarding changes in the      Company’s certifying accountant. |

----

|   | BRAVO      RESOURCE PARTNERS LTD.(Registrant) |   |
|--------|-----------------------------------------------|--------|
|   |                                          |   |   |
|   |                                          |   |   |

|                     | BRAVO      RESOURCE PARTNERS LTD. |                                                             |
|--------------------------|-----------------------------------|------------------------------------------------------------------|
|                     |                              |                                                             |   |
| Date      March 17, 2010 | By:                               | /s/       Ernest E. Staggs Jr.                              |   |
|                     |                              | Ernest      E. Staggs Jr., Chief Executive and Financial Officer |   |
|                     |                              |                                                             |   |

----

----