U.S.
      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
      quarter ended March 31, 2007





o  TRANSITION
      REPORT UNDER SECTION 13 OR 15(d) OF THE  SECURITIES
      EXCHANGE ACT OF 1934


For
      the
      transition period from _____ to _____





Commission
      File Number: 0-51197





STARGOLD
      MINES, INC.


(Exact
      name of small business issuer as specified in its charter)





Nevada
              (State
                of incorporation)
            98-0400208
              (IRS
                Employer ID Number)





1840
      Gateway Drive


Suite
      200


San
      Mateo, California 94404


(Address
      of principal executive offices)





(604)
      673-8427


(Issuer's
      telephone number)





_______________________________________________________________


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





Check
      whether the issuer (1) filed all reports required to be filed by Section 13
      or
      15(d) of the Exchange Act during the past 12 months (or for such shorter period
      that the registrant was required to file such reports), and (2) has been subject
      to such filing requirements for the past 90 days. YES x NO o





Number
      of
      shares of common stock outstanding as of May 15, 2007: 81,108,200 shares of
      common stock.





Transitional
      Small Business Format  Yes
o
      No x





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act).


YES
x
      NO o







**TABLE
      OF CONTENTS**




PagePART
                  IItem
                  1. Financial Statements
              
              3Item
                  2. Management’s Discussion and Analysis or Plan of
                  Operation
              
              4Item
                  3 Controls and Procedures
              
              6PART
                  IIItem
                  1. Legal Proceedings
              
              7Item
                  2. Unregistered Sales of Equity Securities and Use of
                  Proceeds
              
              7Item
                  3. Defaults Upon Senior Securities
              
              8Item
                  4. Submission of Matters to a Vote of Security Holders
              
              8Item
                  5. Other Information
              
              8Item
                  6. Exhibits
              
              8


2


PART
      I -
      FINANCIAL INFORMATION





**Item
      1.**  **Financial
      Statements.**




**STARGOLD
      MINES, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


FINANCIAL
      STATEMENTS


THREE
      MONTHS ENDED MARCH 31, 2007 AND 2006


UNAUDITED





**CONTENTS**




Report
                of Independent Registered Public Accounting Firm
            **1**Report
                of Independent Registered Public Accounting Firm - 2006
            **2**Balance
                Sheet
            **3**Statements
                of Operations
            **4**Statements
                of Stockholders' Equity
            **5**Statements
                of Cash Flows
            **6**Notes
                to Financial Statements
            **7
                - 14**





3





**REPORT
      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**





To
      the
      Board of Directors and Stockholders of


**Stargold
      Mines, Inc.**





We
      have
      reviewed the accompanying balance sheet of **Stargold
      Mines, Inc.** (a
      development stage company) (the "Company") as of March 31, 2007 and the related
      statements of operations, stockholders' equity and cash flows for the three
      month period ended March 31, 2007. These interim financial statements are the
      responsibility of the Company's management.





We
      conducted our review in accordance with standards of the Public Company
      Accounting Oversight Board (United States). A review of interim financial
      information consists principally of applying analytical procedures and making
      inquiries of persons responsible for financial and accounting matters. It is
      substantially less in scope than an audit conducted in accordance with standards
      of the Public Company Accounting Oversight Board (United States), the objective
      of which is the expression of an opinion regarding the financial statements
      taken as a whole. Accordingly, we do not express such an opinion.





Based
      on
      our review, we are not aware of any material modifications that should be made
      to such interim financial statements referred to above for them to be in
      conformity with accounting principles generally accepted in the United States
      of
      America.





The
      accompanying financial statements have been prepared assuming that the Company
      will continue as a going concern. As discussed in Note 1 to the financial
      statements, the Company has incurred losses since inception which raises
      substantial doubt about the Company's ability to continue as a going concern.
      Management's plan regarding this matter is also described in Note 1 to the
      financial statements. The financial statements do not include any adjustments
      that might result from the outcome of this uncertainty.





**"SF
                PARTNERSHIP, LLP"****Toronto,
                Canada**
            **CHARTERED
                ACCOUNTANTS**


May
      11,
      2007





F-1





**REPORT
      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**





To
      the
      Board of Directors of


Sockeye
      Seafood Group, Inc. (A Development Stage Company)





We
      have
      reviewed the accompanying balance sheet of Sockeye Seafodd Group, Inc. (a
      development stage company) (the "Company") as of March 31, 2006 and the related
      statements of operations, stockholders' equity and cash flows for the three
      month period ended March 31, 2006. These interim financial statements are the
      responsibility of the Company's management.





We
      conducted our review in accordance with standards of the Public Company
      Accounting Oversight Board (United States). A review of interim financial
      information consists principally of applying analytical procedures and making
      inquiries of persons responsible for financial and accounting matters. It is
      substantially less in scope than an audit conducted in accordance with standards
      of the Public Company Accounting Oversight Board (United States), the objective
      of which is the expression of an opinion regarding the financial statements
      taken as a whole. Accordingly, we do not express such an opinion.





Based
      on
      our review, we are not aware of any material modifications that should be made
      to such interim financial statements referred to above for them to be in
      conformity with accounting principles generally accepted in the United States
      of
      America.





The
      accompanying financial statements have been prepared assuming that the Company
      will continue as a going concern. As discussed in Note 1 to the financial
      statements, the Company has incurred losses since inception which raises
      substantial doubt about the Company's ability to continue as a going concern.
      Management's plan regarding this matter is also described in Note 1 to the
      financial statements. The financial statements do not include any adjustments
      that might result from the outcome of this uncertainty.








**/s/
      Armando C. Ibarra, CPA**


Chula
      Vista, CA


May
      1,
      2006





F-2





**STARGOLD
      MINES, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


Balance
      Sheet


March
      31,
      2007


Unaudited





**ASSETS****Current**Cash
            
            **$**
            **10,327****Total
                Current Assets**
            
            
            **10,327****Loan
                Receivable (note 3)**
            
            
            **1,000,000****Total
                Assets**
            
            **$**
            **1,010,327****LIABILITIES****Current**Accounts
                payable
            
            **$**
            **10,532**Loan
                payable (note 4)
            
            
            **35,000****Total
                Current Liabilities**
            
            
            **45,532****Total
                Liabilities**
            
            
            **45,532****Commitment
                (note 7)****STOCKHOLDERS'
                EQUITY****Capital
                Stock (note 5)**Authorized
              1,000,000,000common
                stock, par value $0.0001 per share
              Issued
              81,108,200
                common stock (2006 - 80,000,000)
            
            
            **8,111****Additional
                Paid-in Capital**
            
            
            **1,047,709****Subscriptions
                Receivable**
            
            
            **(5,120**
            **)****Deficit
                Accumulated During the Development Stage**
            
            
            **(85,905**
            **)****Total
                Stockholders' Equity**
            
            
            **964,795****Total
                Liabilities and Stockholders' Equity**
            
            **$**
            **1,010,327**




(The
        accompanying notes are an integral part of these financial
        statements.)
 F-3





**STARGOLD
      MINES, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


Statements
      of Operations


Three
      Months Ended March 31, 2007, 2006 and the Period from Inception (May 21, 2003)
      to March 31, 2007


Unaudited





PeriodfromInception(May
                21, 2003)(Note
                8)
            
            to
                March 31,**2007**
            
            2006
            
            2007**Revenue**
            
            **$**
            **-**
            
            $
            3,822
            
            $
            68,739**Cost
                of Sales**
            
            
            **-**
            
            
            3,259
            
            
            60,508**Gross
                Profit**
            
            
            **-**
            
            
            563
            
            
            8,231**Expenses**Bad
                debt
            
            
            **-**
            
            
            -
            
            
            26,915Office
                and general
            
            
            **5,101**
            
            
            -
            
            
            10,133Professional
                fees
            
            
            **18,161**
            
            
            2,000
            
            
            60,988**Total
                Expenses**
            
            
            **23,262**
            
            
            2,000
            
            
            98,036**Operating
                Loss**
            
            
            **(23,262**
            **)**
            
            (1,437
            )
            
            (89,805
            )**Other
                Income**Debt
                forgiven
            
            
            **-**
            
            
            -
            
            
            5,900**Net
                Loss**
            
            **$**
            **(23,262**
            **)**
            $
            (1,437
            )
            $
            (83,905
            )**Basic
                and Diluted Loss Per Weighted**
              **Average
                Number of Shares**
              **Outstanding
                During the Period**
            
            **$**
            **(0.0003**
            **)**
            $
            (0.00002
            )**Basic
                Weighted Average Number****of
                Shares During the Period**
            
            
            **81,013,373**
            
            
            80,000,000




(The
        accompanying notes are an integral part of these financial
        statements.)


F-4





**STARGOLD
      MINES, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


Statements
      of Stockholders' Equity


Periods
      Ended March 31, 2007 and 2006


Unaudited





**Common**
            
            **Common**
            
            **Additional**
            
            
            
            **Deficit
                Accumulated During the****Shares**
            
            **Shares**
            
            **Paid-in**
            
            **Subscriptions**
            
            **Development**
            
            **Stockholders'****Number**
            
            **Amount**
            
            **Capital**
            
            **Receivable**
            
            **Stage**
            
            **Equity**Balance,
                January 1, 2006 - as previously reported
            
            
            2,000,000
            
            $
            2,000
            
            $
            43,000
            
            $
            -
            
            $
            (11,917
            )
            $
            33,083Restated
                to give retroactive effect to the November 23, 2006 1 for 40 stock
                split
                (note 5 and 8)
            
            
            78,000,000
            
            
            6,000
            
            
            (6,000
            )
            
            -
            
            
            -
            
            
            -Balance,
                January 1, 2006 - as restated
            
            
            80,000,000
            
            
            8,000
            
            
            37,000
            
            
            -
            
            
            (11,917
            )
            
            33,083Net
                loss for the period
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (1,437
            )
            
            (1,437
            )Balance,
                March 31, 2006
            
            
            80,000,000
            
            $
            8,000
            
            $
            37,000
            
            $
            -
            
            $
            (13,354
            )
            $
            31,646Balance,
                January 1, 2007
            
            
            81,000,000
            
            $
            8,100
            
            $
            1,036,900
            
            $
            -
            
            $
            (62,643
            )
            $
            982,357Common
                shares issued for cash (note 5)
            
            
            83,200
            
            
            8
            
            
            8,312
            
            
            (5,120
            )
            
            -
            
            
            3,200Common
                shares issued for services (note 5)
            
            
            25,000
            
            
            3
            
            
            2,497
            
            
            -
            
            
            -
            
            
            2,500Net
                loss for the period
            
            
            -
            
            
            -
            
            
            -
            
            
            -
            
            
            (23,262
            )
            
            (23,262
            )**Balance,
                March 31, 2007**
            
            
            **81,108,200**
            
            **$**
            **8,111**
            
            **$**
            **1,047,709**
            
            **$**
            **(5,120**
            **)**
            **$**
            **(85,905**
            **)**
            **$**
            **964,795**




(The
        accompanying notes are an integral part of these financial
        statements.)


F-5





**STARGOLD
      MINES, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


Statements
      of Cash Flows


Three
      Months Ended March 31, 2007, 2006 and the Period from Inception (May 21, 2003)
      to March 31, 2007


Unaudited








Inception(Restated
            
            (May
                21, 2003)note
                8)
            
            to
                March 31,**2007**
            
            2006
            
            2007**Cash
                Flows from Operating Activities**Net
                loss
            
            **$**
            **(23,262**
            **)**
            $
            (1,437
            )
            $
            (83,905
            )Adjustments
                for working capital:Accounts
                receivable
            
            
            **-**
            
            
            -
            
            
            (5,120
            )Accounts
                payable
            
            
            **(14,750**
            **)**
            
            -
            
            
            (11,876
            )**Net
                Cash Flows Used in Operating Activities**
            
            
            **(38,012**
            **)**
            
            (1,437
            )
            
            (100,901
            )**Cash
                Flows from Investing Activities**Loan
                receivable
            
            
            **-**
            
            
            -
            
            
            (1,000,000
            )**Net
                Cash Flows Used in Investing Activities**
            
            
            **-**
            
            
            -
            
            
            (1,000,000
            )**Cash
                Flows from Financing Activities**Issuance
                of common stock
            
            
            **5,700**
            
            
            -
            
            
            1,055,820Loan
                payable
            
            
            **34,760**
            
            
            2,000
            
            
            35,126**Net
                Cash Flows Provided by Financing Activities**
            
            
            **40,460**
            
            
            2,000
            
            
            1,090,946**Net
                Increase (Decrease) in Cash**
            
            
            **2,448**
            
            
            563
            
            
            (9,955
            )**Cash
                - Beginning of Period**
            
            
            **7,879**
            
            
            10,157
            
            
            -**Cash
                - End of Period**
            
            **$**
            **10,327**
            
            $
            10,720
            
            $
            10,327**Supplemental
                Cash Flow Information**During
                the period, the Company had no cash flows arising from interest and
                income
                taxes paid.




(The
        accompanying notes are an integral part of these financial
        statements.)


F-6
 
  **STARGOLD
          MINES, INC.**
 **(A
          DEVELOPMENT STAGE COMPANY)**
 Notes
          to
          Financial Statements
 March
          31,
          2007 and 2006
 Unaudited





**1.**
            **Description
                of Business and Going Concern**





a)
            Description
                of Business





Stargold
      Mines, Inc. (the "Company"), formerly Sockeye Seafood Group Inc., (Sockeye
      Seafood Group Inc. merged with its wholly-owned subsidiary Stargold Mines,
      Inc.
      on November 23, 2006 and changed its name to Stargold Mines, Inc.) was
      incorporated under the laws of the State of Nevada on May 21, 2003. The Company
      was formed to engage in the business of procuring and marketing seafood products
      direct from Pacific Northwest First Nations organizations to North American
      and
      international wholesalers, distributors, and retailers.





The
      Company's operations have been limited to general administrative operations,
      purchasing a limited amount of sample inventory, minimal sales and establishing
      its website. The Company is considered a development stage company in accordance
      with Statement of Financial Accounting Standards ("SFAS") No. 7 "Accounting
      and
      Reporting by Development Stage Enterprises". The Company is currently working
      on
      acquiring licenses to develop and extract natural resources in the Siberian
      and
      Far Eastern Districts of Russia.





b)
            Going
                Concern





The
      Company's financial statements are presented on a going concern basis, which
      contemplates the realization of assets and satisfaction of liabilities in the
      normal course of business. The Company has experienced recurring losses since
      inception and has negative cash flows from operations that raise substantial
      doubt as to its ability to continue as a going concern. For the period ended
      March 31, 2007, the Company experienced a net loss of $23,262 (2006 -
      $1,437).





The
      Company's ability to continue as a going concern is contingent upon its ability
      to secure additional financing, achieving additional sale of its product and
      attaining profitable operations.





Management
      is pursuing various sources of equity financing. Although the Company plans
      to
      pursue additional financing, there can be no assurance that the Company will
      be
      able to secure financing when needed or obtain such on terms satisfactory to
      the
      Company, if at all.





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.





F-7


**STARGOLD
      MINES, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


Notes
      to
      Financial Statements


March
      31,
      2007 and 2006


Unaudited


**2.**
            **Summary
                of Significant Accounting
                Policies**





The
      accounting policies of the Company are in accordance with U.S. generally
      accepted accounting principles, and their basis of application is consistent
      with that of the previous period. Outlined below are those policies considered
      particularly significant:





a)
            Basis
                of Financial Statement Presentation





The
      accompanying unaudited financial statements have been prepared in accordance
      with accounting principles generally accepted in the United States of America
      for interim financial information and the requirement of item 310(b) of
      Regulation S-B. Accordingly, they do not include all of the information and
      footnotes required by accounting principles generally accepted in the United
      States of America for complete financial statements. In the opinion of
      management, all adjustments (consisting of normal recurring accruals) considered
      necessary for a fair presentation have been included. Interim results are not
      necessarily indicative of the results that may be expected for a full year.
      These unaudited financial statements should be read in conjunction with the
      audited financial statements and notes thereto included in the Company's Annual
      Report on Form 10-KSB for the fiscal year ended December 31, 2006, as filed
      with
      the Securities and Exchange Commission ("SEC").





b)
            Reporting
                Currency





The
      U.S.
      dollar has been used as the unit of measurement in these financial
      statements.





c)
            Revenue
                Recognition





The
      Company recognizes revenues when there is a definitive sales agreement, and
      upon
      shipment of products, when title is passed and the amount collectible can
      reasonably be determined.





d)
            Financial
                Instruments





Unless
      otherwise noted, it is management's opinion that the Company is not exposed
      to
      significant interest, currency or credit risks arising from the financial
      instruments. The fair value of the financial instruments approximates their
      carrying values, unless otherwise noted.





F-8


**STARGOLD
      MINES, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


Notes
      to
      Financial Statements


March
      31,
      2007 and 2006


Unaudited


**2.**
            **Summary
                of Significant Accounting Policies**(cont'd)





e)
            Comprehensive
                Income (Loss)





The
      Company adopted SFAS No. 130, "Reporting Comprehensive Income" ("SFAS No. 130").
      SFAS No. 130 establishes standards for reporting and presentation of
      comprehensive income (loss) and its components in a full set of financial
      statements. Comprehensive income is presented in the statements of operations,
      and consists of net income and unrealised gains (losses) on available for sale
      marketable securities; foreign currency translation adjustments and changes
      in
      market value of future contracts that qualify as a hedge; and negative equity
      adjustments recognized in accordance with SFAS No. 87. SFAS No. 130 requires
      only additional disclosures in the financial statements and does not affect
      the
      Company's financial position or results of operations.





f)
            Income
                Tax





The
      Company accounts for income taxes pursuant to SFAS No. 109, "Accounting for
      Income Taxes" ("SFAS No. 109"). Deferred taxes are provided on a liability
      method whereby deferred tax assets are recognized for deductible temporary
      differences, and deferred tax liabilities are recognized for taxable temporary
      differences. Temporary differences are the differences between the reported
      amounts of assets and liabilities and their tax bases. Deferred tax assets
      are
      reduced by a valuation allowance when, in the opinion of management, it is
      more
      likely than not that some portion or all of the deferred tax assets will not
      be
      realized. Deferred tax assets and liabilities are adjusted for the effects
      of
      changes in tax laws and rates on the date of enactment.





g)
            Earnings
                (Loss) per Share





The
      Company adopted SFAS No.128, "Earnings per Share" which requires disclosure
      on
      the financial statements of "basic" and "diluted" earnings (loss) per share.
      Basic earnings (loss) per share is computed by dividing net income (loss) by
      the
      weighted average number of common shares outstanding for the year. Diluted
      earnings (loss) per share is computed by dividing net income (loss) by the
      weighted average number of common shares outstanding plus common stock
      equivalents (if dilutive) related to convertible bonds, stock options and
      warrants for each year. As the warrants were anti-dilutive, there was no
      adjustment to the basic loss per share.





F-9


**STARGOLD
      MINES, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


Notes
      to
      Financial Statements


March
      31,
      2007 and 2006


Unaudited


**2.**
            **Summary
                of Significant Accounting Policies**(cont'd)





h)
            Concentration
                of Credit Risk





SFAS
                No. 105, "Disclosure of Information About Financial Instruments with
                Off-Balance-Sheet Risk and Financial Instruments with Concentration
                of
                Credit Risk", requires disclosure of any significant off-balance-sheet
                risk and credit risk concentration. The Company does not have significant
                off-balance-sheet risk or credit concentration.





The
                Company provides credit to its clients in the normal course of its
                operations. It carries out, on a continuing basis, credit checks
                on its
                clients and maintains provisions for contingent credit losses that,
                once
                they materialize, are consistent with management's
                forecasts.





For
      other
      receivables, the Company determines, on a continuing basis, the probable losses
      and sets up a provision for losses based on the estimated realizable
      value.





Concentration
      of credit risk arises when a group of clients having a similar characteristic
      such that their ability to meet their obligations is expected to be affected
      similarly by changes in economic of other conditions. The Company does not
      have
      any significant risk with respect to a single client.





i)
            Use
                of Estimates





Preparation
      of financial statements in conformity with U.S. generally accepted accounting
      principles requires management to make estimates and assumptions that affect
      the
      amounts reported in the financial statements and related notes to financial
      statements. These estimates are based on management's best knowledge of current
      events and actions the Company may undertake in the future. Actual results
      may
      ultimately differ from those estimates, although management does not believe
      such changes will materially affect the financial statements in any individual
      year.





F-10




**STARGOLD
        MINES, INC.**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 Notes
        to
        Financial Statements
 March
        31,
        2007 and 2006
 Unaudited





**2.**
            **Summary
                of Significant Accounting Policies**(cont'd)





j)
            Recent
                Accounting Pronouncements





In
      February 2007, Financial Accounting Standards Board ("FASB") issued SFAS No.
      159, "The Fair Value Option for Financial Assets and Liabilities" ("SFAS No.
      159"), which permits entities to measure many financial instruments and certain
      other items at fair value that are not currently required to be measured at
      fair
      value. An entity would report unrealized gains and losses on items for which
      the
      fair value option has been elected in earnings at each subsequent reporting
      date. The objective is to improve financial reporting by providing entities
      with
      the opportunity to mitigate volatility in reported earnings caused by measuring
      related assets and liabilities differently without having to apply complex
      hedge
      accounting provisions. The decision about whether to elect the fair value option
      is applied instrument by instrument, with a few exceptions; the decision is
      irrevocable; and it is applied only to entire instruments and not to portions
      of
      instruments.





The
      statement requires disclosures that facilitate comparisons (a) between entities
      that choose different measurement attributes for similar assets and liabilities
      and (b) between assets and liabilities in the financial statements of an entity
      that selects different measurement attributes for similar assets and
      liabilities.





SFAS
      No.
      159 is effective for for fiscal years beginning after November 15, 2007. Early
      adoption is permitted as of the beginning of a fiscal year provided the entity
      also elects to apply the provisions of SFAS No. 157 "Fair Value Measurements".
      Upon implementation, an entity shall report the effect of the first
      remeasurement to fair value as a cumulative-effect adjustment to the opening
      balance of retained earnings. Since the provisions of SFAS No. 159 are applied
      prospectively, any potential impact will depend on the instruments selected
      for
      fair value measurement at the time of implementation.





**3.**
            **Loan
                Receivable**





The
      loan
      receivable from UniverCompany Limited Liability Company, a Russian limited
      liability society ("UniverCompany"), is non-interest bearing, unsecured and
      has
      no specified terms for repayment. See note 7.





F-11


**STARGOLD
        MINES, INC.**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 Notes
        to
        Financial Statements
 March
        31,
        2007 and 2006
 Unaudited




**4.**
            **Loan
                Payable**





The
      loan
      payable to Blue Water Partners is non-interest bearing, unsecured and has no
      specified terms of repayment.





**5.**
            **Capital
                Stock**





Authorized


1,000,000,000
      common stock, par value $0.0001 per share




(RestatedNote
                8)**2007**
            
            2006Issued
              81,108,200
                common stock (2006 - 80,000,000)
            
            **$**
            **8,111**
            
            $
            8,000





On
      November 23, 2006, the Company implemented a one for forty (1:40) forward stock
      split and increased its authorized shares of common stock on a corresponding
      basis. The 2006 comparative number of shares have been retroactively adjusted
      to
      give effect to the stock split.





On
      December 19, 2006 the Company issued 1,000,000 units of the Company's
      securities, each unit consisting of one share of common stock and one share
      purchase warrant for total proceeds of $1,000,000. Each warrant is exercisable
      for one share of common stock at an exercise price of $2.50 for two years from
      the date of issuance. Due to the substantial difference between market value
      and
      exercise price no value has been attributed to the warrants.





In
      March
      2007, the Company issued 25,000 shares for services valued at
      $2,500.




In
      March
      2007, the Company issued 83,200 shares for cash of $8,320.





F-12


**STARGOLD
        MINES, INC.**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 Notes
        to
        Financial Statements
 March
        31,
        2007 and 2006
 Unaudited





**6.**
            **Income
                Taxes**





The
      Company accounts for income taxes pursuant to SFAS No. 109. This standard
      prescribes the use of the liability method whereby deferred tax asset and
      liability account balances are determined based on differences between financial
      reporting and tax bases of assets and liabilities and are measured using the
      enacted tax rates. The effects of future changes in tax laws or rates are not
      anticipated.





Under
      SFAS No. 109 income taxes are recognized for the following: a) amount of tax
      payable for the current year, and b) deferred tax liabilities and assets for
      future tax consequences of events that have been recognized differently in
      the
      financial statements than for tax purposes.





The
      provision for income taxes has been computed as follows:




**2007**
            
            2006Expected
                income tax recovery at the statutory rate - 31% (2006 -
                31%)
            
            **$**
            **(7,304**
            **)**
            $
            (451
            )Valuation
                allowance
            
            
            **7,304**
            
            
            451Provision
                for income taxes
            
            **$**
            **-**
            
            $
            -





The
      Company has tax losses available to be applied against future years income.
      Due
      to the losses incurred in the current period and expected future operating
      results, management determined that it is more likely than not that the deferred
      tax asset resulting from the tax losses available for carryforward and stock
      option compensation expense will not be realized through the reduction of future
      income tax payments, accordingly a 100% valuation allowance has been recorded
      for deferred income tax assets.





As
      of
      March 31, 2007 and 2006, the Company had approximately $19,600 and $3,700
      respectively, of federal and state net operating loss carryforwards available
      to
      offset future taxable income. The losses expire in 20 years from the date the
      loss was incurred.





Expiry
                2025
            
            $
            3,700Expiry
                2026
            
            
            19,600$
            23,300





F-13


**STARGOLD
        MINES, INC.**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 Notes
        to
        Financial Statements
 March
        31,
        2007 and 2006
 Unaudited





**7.**
            **Commitment**





On
      November 30, 2006, the Company entered into a stock purchase agreement with
      UniverCompany, and the two shareholders of UniverCompany. Pursuant to the stock
      purchase agreement, the Company agreed to purchase from the shareholders of
      UniverCompany 100% of the issued and outstanding shares of common stock of
      UniverCompany. In consideration thereon, the Company will issue to the
      shareholders of UniverCompany 41,000,000 shares of the Company's common
      stock.





The
      consummation of above transactions will take place at a closing to be held
      at a
      later date. Such closing will not take place until certain conditions have
      occurred.





**8.**
            **Comparative
                Figures and Restatement**





Certain
      figures for the prior period have been reclassified to conform with the current
      period's financial statement presentation.





The
      stockholders' equity has been retroactively restated to give effect to the
      1 for
      40 stock split as described in note 5.




F-14





**Item
      2.**  **Management’s
      Discussion and Analysis or Plan of Operations.**





As
      used
      in this Form 10-QSB, references to the "Company," "we," “our” or "us" refer to
      Stargold Mines, Inc. unless the context otherwise indicates.





Forward-Looking
      Statements




The
      following discussion should be read in conjunction with our financial
      statements, which are included elsewhere in this Form 10-QSB. This Form 10-QSB
      contains forward-looking statements which relate to future events or our future
      financial performance. In some cases, you can identify forward-looking
      statements by terminology such as “may”, “should”, “expects”, “plans”,
“anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or
      the negative of these terms or other comparable terminology. These statements
      are only predictions and involve known and unknown risks, uncertainties, and
      other factors that may cause our or our industry’s actual results, levels of
      activity, performance or achievements to be materially different from any future
      results, levels of activity, performance or achievements expressed or implied
      by
      these forward-looking statements.





While
      these forward-looking statements, and any assumptions upon which they are based,
      are made in good faith and reflect our current judgment regarding the direction
      of our business, actual results will almost always vary, sometimes materially,
      from any estimates, predictions, projections, assumptions or other future
      performance suggested herein. Except as required by applicable law, including
      the securities laws of the United States, we do not intend to update any of
      the
      forward-looking statements to conform these statements to actual results.





Overview




We
      were
      incorporated under the laws of the State of Nevada on May 21, 2003 under the
      name Sockeye Seafood Group, Inc. On November 13, 2006, we entered into a Plan
      and Agreement of Merger with our wholly-owned subsidiary, Stargold Mines, Inc.,
      a Nevada corporation (the "Subsidiary"). The Subsidiary had no assets or
      liabilities and no previous operating history; it was formed by us on November
      8, 2006 for the sole purpose of entering into the merger.




4





The
      merger was consummated on November 23, 2006. On that date, we filed with the Secretary
      of State of Nevada Articles of Merger, pursuant to which the Subsidiary merged
      with and into us in accordance with the Plan of Merger. Pursuant to the Articles
      of Merger, we also changed our name from "Sockeye Seafood Group, Inc." to
      "Stargold Mines, Inc."





Simultaneously
      with its merger with Stargold Mines, Inc., we filed with the Secretary of State
      of Nevada a Certificate of Change, effective as of November 23, 2006, pursuant
      to which we implemented a one for forty (1:40) forward stock split and increased
      our authorized shares of common stock on a corresponding basis. The number
      of
      shares of common stock issued and outstanding prior to the forward split was
      2,000,000 shares. After the forward split, the number of shares of common stock
      issued and outstanding was 81,000,000 shares. The Certificate of Change also
      increased the number of authorized shares of common stock on a one for forty
      (1:40) basis, from 25,000,000 shares, par value $0.001, to 1,000,000,000 shares,
      par value $0.0001.





Since
      inception, we have had an insignificant amount of revenues. Our operations
      have
      been limited to general administrative operations. We are considered a
      development stage company in accordance with Statement of Financial Accounting
      Standards No. 7.





Our
      Business





Currently,
      we have no assets, operations, business or contractual arrangements other than
      the execution of a Stock Purchase Agreement entered into on November 30, 2006.
      Pursuant to this with UniverCompany Limited Liability Company, a Russian limited
      liability society ("UniverCompany"), and the former shareholders of
      UniverCompany (the "UniverCompany Shareholders"), we agreed to purchase from
      the
      UniverCompany Shareholders 100% of the issued and outstanding shares of common
      stock of UniverCompany in exchange for shares of the Registrant's common stock.
      Although the agreement with the UniverCompany Shareholders provides that the
      consideration for their shares will be the issuance by us of 41,000,000 shares,
      it is contemplated that we will issue 15,000,000 shares for the UniverCompany
      shares. It has been represented to us that UniverCompany owns a license to
      the
      "Karalon" gold deposit, which includes both precious metals and scarce resources
      such as cooper, lead and tin.





In
      December 2006 we received $1,000,000 gross proceeds from the sale of 1,000,000
      units to Hampton Park Capital LLC. Each unit consisted of one share of common
      stock and one share purchase warrant, exercisable for one share of common stock
      at an exercise price of US$2.50 for two years from the date of issuance. The
      $1,000,000 raised by us was lent to UniverCompany on an unsecured basis, with
      no
      specific terms for repayment.





The
      consummation of the acquisition of UniverCompany is subject to certain
      conditions. We cannot assure you that those conditions will be satisfied or
      waived by us.




5





Plan
      of Operation





We
      do not
      expect to generate any revenues over the next twelve months. Our principal
      business objective for the next 12 months will be to successfully consummate
      the
      proposed acquisition of UniverCompany. If we are not successful, we will then
      have to seek, investigate and, if such investigation warrants, engage in a
      business combination with another private entity whose business presents an
      opportunity for our shareholders.





During
      the next 12 months we anticipate incurring costs related to the proposed
      acquisition of UniverCompany and the filing of Exchange Act reports. We believe
      we will be able to meet these costs through funds to be loaned by or invested
      in
      us by our stockholder, management or other investors. We have no specific plans,
      understandings or agreements with respect to the raising of such funds, and
      we
      may seek to raise the required capital by the issuance of equity or debt
      securities or by other means. Since we have no such arrangements or plans
      currently in effect, our inability to raise funds for the consummation of an
      acquisition may have a severe negative impact on our ability to become a viable
      company.





As
      of
      March 31, 2007, we had $10,327.00 in cash. We incurred a net loss of $23,262.00
      for the period January 1, 2007 to March 31, 2007.





Going
      Concern Consideration





The
      condensed financial statements contained in this Report have been prepared
      on a
‘going concern’ basis, which contemplates the realization of assets and the
      satisfaction of liabilities in the normal course of business. For the reasons
      discussed in this Report, there is a significant risk that we will be unable
      to
      continue as a going concern, in which case, you would suffer a total loss on
      your investment in our company.





Off-Balance
      Sheet Arrangements




None.





**Item
      3.**  **Controls
      and Procedures.**




Evaluation
      of Disclosure Controls and Procedures




Our
      disclosure controls and procedures are designed to ensure that information
      required to be disclosed in reports that we file or submit under the Securities
      Exchange Act of 1934 is recorded, processed, summarized and reported within
      the
      time periods specified in the rules and forms of the United States Securities
      and Exchange Commission. Our Chief Executive Officer and Chief Financial Officer
      have reviewed the effectiveness of our "disclosure controls and procedures"
      (as
      defined in the Securities Exchange Act of 1934 Rules 13a-14(c) and 15d-14(c))
      within the end of the period covered by this Quarterly Report on Form 10-QSB
      and
      have concluded that the disclosure controls and procedures are effective to
      ensure that material information relating to the Company is recorded, processed,
      summarized, and reported in a timely manner. There were no significant changes
      in our internal controls or in other factors that could significantly affect
      these controls subsequent to the last day they were evaluated by our Chief
      Executive Officer and Chief Financial Officer.




6





Changes
      in Internal Controls over Financial Reporting




There
      have been no changes in the Company's internal control over financial reporting
      during the last quarterly period covered by this report that have materially
      affected, or are reasonably likely to materially affect, the Company's internal
      control over financial reporting.





**PART
      II. OTHER INFORMATION**





**Item
      1.**  **Legal
      Proceedings.**





There
      are
      no pending legal proceedings to which the Company is a party or in which any
      director, officer or affiliate of the Company, any owner of record or
      beneficially of more than 5% of any class of voting securities of the Company,
      or security holder is a party adverse to the Company or has a material interest
      adverse to the Company. The Company’s property is not the subject of any pending
      legal proceedings.





**Item
      2. Unregistered Sales of Equity Securities and Use of
      Proceeds.**





In
      March
      2007, we sold 83,200 shares of our common stock at a purchase price of $0.10
      per
      share, amounting in the aggregate purchase price $8,320. The shares were offered
      and sold pursuant to a placement held under Regulation D promulgated under
      the
      Securities Act of 1933, as amended. Each purchaser represented to us that such
      purchaser was an accredited investor as that term is defined in Rule 501(a)
      of
      Regulation D.





Purchases
      of equity securities by the issuer and affiliated purchasers




None.




7




**Item
      3.**  **Defaults
      Upon Senior Securities.**





None.





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





There
      was
      no matter submitted to a vote of security holders during the fiscal quarter
      ended March 31, 2007.





**Item
      5.**  **Other
      Information.**





None.





**Item
      6.**  **Exhibits**





Exhibit
                No.
            
            Description
            
            Where
                Found31.1
            
            Rule
                13a-14(a)/15d14(a) Certifications
            
            Attached
                Hereto32.1
            
            Section
                1350 Certifications
            
            Attached
                Hereto






8




SIGNATURES





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





Dated:
      May 14, 2007


STARGOLD MINES, INC.By:
            /s/ Marcus U. SegalName:Marcus
              U. SegalTitle:President,
              Chief Executive Officer, SecretaryChief
                Financial Officer and Director
              (Principal
                Executive, Financial, and
              Accounting
                Officer)




9