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

                                  FORM 10-K/A

[ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
      ACT OF 1934

                   For the fiscal year ended August 31, 2010

[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
      EXCHANGE ACT OF 1934

              For the transition period from ________ to ________
                          Commission file # 000-53310

                             CASTMOR RESOURCES LTD.
             (Exact Name of Registrant as Specified in its Charter)

                                     NEVADA
         (State or other jurisdiction of incorporation or organization)

                                   98-0471928
                    (I.R.S. Employer Identification number)

                         427 Princess Street, Suite 406
                             Kingston, ON  K7L 5S9
                    (Address of principal executive offices)

Registrant's telephone number, including area code:     (613) 617-5107

Securities to be registered pursuant to Section 12(b) of the Act:     None

Securities to be registered under Section 12(g) of the Act:
                   Common stock, $0.0001 par value per share
                                (Title of class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act.
                                                                Yes [   ] No [X]

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act.
                                                                Yes [   ] No [X]

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding  12  months  (or  for such shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.     Yes  [X]  No  [   ]

Indicate  by  check mark if disclosure of delinquent filers pursuant to Item 405
of  Regulation  S-K  is  not contained herein, and will not be contained, to the
best  of  registrant's  knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form  10-K.     [X]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company.  See
the definitions of "large accelerated filer," "accelerated filer" and "smaller
reporting company in Rule 12b-2 of the Act (Check one):

[   ]  Large Accelerated Filer   [   ]  Accelerated Filer
[   ]  Non-accelerated Filer     [ X ]  Smaller reporting company

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).     Yes [X]  No [   ]

As of November 26, 2010, the registrant had 12,487,000 shares of its Common
Stock outstanding.

                                       1
<PAGE>
                           FORWARD LOOKING STATEMENTS

Certain  statements  made in this Annual Report are "forward-looking statements"
(within  the  meaning  of  the Private Securities Litigation Reform Act of 1995)
regarding  the  plans  and  objectives of management for future operations. Such
statements involve known and unknown risks, uncertainties and other factors that
may  cause  actual  results,  performance  or  achievements of the Company to be
materially  different  from  any  future  results,  performance  or achievements
expressed  or  implied  by  such forward-looking statements. The forward-looking
statements  made  in  this Report are based on current expectations that involve
numerous  risks and uncertainties. The Company's plans and objectives are based,
in  part,  on  assumptions  involving  the  growth  and  expansion  of business.
Assumptions  relating  to the foregoing involve judgments with respect to, among
other  things,  future  economic,  competitive  and market conditions and future
business  decisions,  all  of  which  are  difficult  or  impossible  to predict
accurately and many of which are beyond the control of the Company. Although the
Company  believes that its assumptions underlying the forward-looking statements
are  reasonable,  any  of the assumptions could prove inaccurate and, therefore,
there  can  be  no  assurance  that  the forward-looking statements made in this
Report  will  prove  to  be  accurate. In light of the significant uncertainties
inherent in the forward-looking statements made in this Report, the inclusion of
such  information  should  not be regarded as a representation by the Company or
any  other person that the objectives and plans of the Company will be achieved.

As  used  in  this  annual  report,  the  terms "we", "us", "our", "Company" and
"Castmor"  means  Castmor  Resources  Ltd.,  unless  otherwise  indicated.

                                     PART I

ITEM 1.     BUSINESS

CORPORATE HISTORY

We were incorporated in the State of Nevada on June 27, 2005, as a mineral
exploration company.

By a Transfer of Mineral Disposition dated November 7, 2005, from Thomas Mills,
we acquired a 100% interest in the White Bear Arm Property:  two non-contiguous
mineral exploration licenses (license numbers 011117M and 011400M) comprising 17
claims located along south-eastern coastal Labrador, approximately 13 kilometers
northeast of the community of Charlottetown in Labrador, Canada, having a total
area of 425 hectares (1,054.8 acres).

One of the licenses (license number 011300M), comprising eight claims, was
inadvertently allowed to expire and was cancelled on January 24, 2007.  We
reacquired a 100% interest in the same eight claims under a new mineral license
(license number 013632M) by a Transfer of Mineral Disposition dated July 16,
2007, from Mr. Mills.

In 2009, due to a lack of capital we allowed our mineral claims to expire and
they were subsequently cancelled.

In February 2010, our management was approached by Cage Wars Championship Ltd.,
a company organized under the laws of the United Kingdom ("Cagewars") about the
prospect of merging Cagewars with Castmor.  Cagewars is engaged in the business
of organizing and promoting mixed martial-arts competitions throughout the
United Kingdom. Given our lack of capital at the time, our management determined
that it would be in the shareholders' best interests to agree to the merger.  On
March 8, 2010, we entered into a material definitive agreement with Christopher
Kelly and Patrick Mooney, both of Northern Ireland, to acquire all the issued
and outstanding shares of Cagewars. The closing of the acquisition was to take
place on April 19, 2010. Prior to closing, our management determined that it
would be in the best interests of our shareholders for Castmor to continue
pursuing its mineral exploration business.  On April 15, 2010, we mutually
agreed with Cagewars to cancel the merger and rescind the material definitive
agreement.

On September 20, 2010, we reacquired a 100% interest in the 17 mineral claims
originally composing the White Bear Arm Property under new mineral licenses
(license nos. 017985M and 017987M) by a Transfer of Mineral Disposition dated
September 20, 2010, from Thomas Mills.  The mineral licenses underlying our
claims are registered with the Government of Newfoundland and Labrador and are
presently in good standing.

We have no subsidiaries.

Our office is located at 427 Princess Street, Suite 406, Kingston, ON  K7L 5S9.
Our telephone number is 613.617.5107.  Our facsimile number is 613.383.0247.

                                       2
<PAGE>
OUR BUSINESS

We are an exploration stage company in that we are engaged in the search for
mineral deposits that are not in either the development or production stage,
with a view to exploiting any mineral deposits we discover that demonstrate
economic feasibility.  Since we are an exploration stage company, there is no
assurance that commercially exploitable reserves of valuable minerals exist on
our property.  We need to do further exploration before a final evaluation of
the economic and legal feasibility of our future exploration is determined.

We have not commenced business operations.  To date, our activities have been
limited to organizational matters, acquiring our mineral claims, researching our
claims, raising capital and the preparation of our securities filings, including
the registration statement of which this prospectus forms a part.  Our assets
are limited to our mineral claims, the acquisition of which have been
capitalized in accordance with our accounting policy.

Mineral property exploration is typically conducted in phases.  Each subsequent
phase of exploration work is recommended by a geologist based on the results
from the most recent phase of exploration.  We have not yet commenced the
initial phase of exploration on the White Bear Arm Property.  Upon completion of
each phase of exploration, we will make a decision as to whether or not we will
proceed with each successive phase based upon the analysis of the results of
that program.  Our Board of Directors will make this decision based upon the
recommendations of an independent geologist who will oversee the program and
record the results.

We presently have no known reserves of any type of mineral.  We plan to conduct
appropriate exploration work on the White Bear Arm Property in order to
ascertain whether it possesses commercially exploitable reserves of valuable
minerals.  There can be no assurance that commercially exploitable reserves of
valuable minerals exist on the White Bear Arm Property or that we will discover
them, if they exist.  If we are unable to find reserves of valuable minerals or
we cannot remove the minerals because we either do not have the capital to do
so, or because it is not economically feasible to do so, then we may cease
operations and our shareholders may lose their investment.

Even if Phase I of our exploration program identifies high priority geological
targets suitable for a Phase II diamond drilling program, we will need to raise
additional funding to finance the Phase II drilling program and any additional
drilling and engineering studies that are required before we will know if we
have commercially exploitable reserves of valuable minerals.  The proceeds from
this offering will not be sufficient to fund Phase II.  We anticipate that any
additional funding that we require will be in the form of equity financing from
the sale of our common stock.  There is no assurance, however, that we will be
able to raise sufficient funding from the sale of our common stock.  The risky
nature of this enterprise and lack of tangible assets places debt financing
beyond the credit-worthiness required by most banks or typical investors of
corporate debt until such time as an economically viable mine can be
demonstrated.  We do not have any arrangements in place for any future equity
financing.  If we are unable to secure additional funding, we may cease or
suspend operations.  We have no plans, arrangements or contingencies in place in
the event that we cease operations.

MINERAL CLAIMS

The White Bear Arm Property consists of two non-contiguous mineral exploration
licenses comprising a total of 17 claims having a total area of 425 hectares
(mineral rights licence numbers 017985M and 017987M), wholly owned by us.  We
hold all of our mineral titles free and clear of any encumbrances or liens.

The following table sets out all the mineral exploration licenses that currently
compose the White Bear Arm Property.

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------
MINERAL                                                                 NATIONAL
EXPLORATION                                 NUMBER                   TOPOGRAPHIC
LICENSE                                         OF            AREA    SERIES MAP
NUMBER       LICENSEE HOLDER                CLAIMS      (HECTARES)         SHEET       STAKING DATE
---------------------------------------------------------------------------------------------------
<S>          <C>                            <C>     <C>             <C>           <C>
017985M      Castmor Resources Ltd. (100%)       9             225        13A/16  September 3, 2010
017987M      Castmor Resources Ltd. (100%)       8             200  13A/16, 3D13  September 3, 2010
---------------------------------------------------------------------------------------------------
             TOTALS                             17             425
                                                    (1,054.8 acres)
===================================================================================================
</TABLE>

Our mineral exploration licenses entitle us to explore the claims composing the
White Bear Arm Property subject to the laws and regulations of the Province of
Newfoundland and Labrador.  Title to mineral claims are issued and administered
by the Mineral Lands Division of the Ministry of Natural Resources, and title
must comply with all provisions under the Mineral Act of Newfoundland and
Labrador.

                                       3
<PAGE>
Under Newfoundland law, our mineral licenses may be held for one year after the
date of Issuance Date, and thereafter from year to year if, on or before the
anniversary date, we perform assessment work on the underlying claims having a
minimum value of not less than C$200 per claim in the first year, C$250 per
claim in the second year, and C$300 per claim in the third year.  If we are
unable to complete the assessment work required to be done in any twelve month
period, we can maintain our claims in good standing by posting a cash security
deposit for the amount of the deficiency.  When the deficient work is completed
and accepted the security deposit will be refunded.  Otherwise, the security
deposit will be forfeited.  If we do not comply with these maintenance
requirements, then we will forfeit our claims at the end of the anniversary date
for each respective claim.  All of our claims are presently in good standing.

GLOSSARY OF TECHNICAL TERMS

The following are the definitions of certain technical and geological terms used
in this registration statement:

AMPHIBOLE:  Family of silicate minerals forming prism or needle-like crystals.
Amphibole minerals generally contain iron, magnesium, calcium and aluminum in
varying amounts, along with water.

AMPHIBOLITE:  A dark-colored metamorphic rock of mafic composition consisting
mainly of the minerals hornblende and plagioclase.

ANATECTIC:  Having melted from pre-existent rock.

ASSAY:  A chemical analysis that determines the amount of easily extractable
elements in a sample (of rock, soil, till, silt, etc.). The concentrations of
precious metals such as gold and silver are typically reported as grams of metal
per tonne of rocks; base metal assays (copper, lead, zinc, etc.) are given in
weight percent. Assay sheets from laboratories typically give gold
concentrations in parts per billion (ppb). 1000 ppb equals 1 part per million
(ppm), equals 1 gram/tonne (there are about 34 grams in an ounce). Base metal
assays are typically measured in ppm (10,000 ppm equals one percent).

BIOTITE:  common rock-forming mineral of the mica family. Biotite is a black or
dark brown silicate rich in iron, magnesium, potassium, aluminum, and, of
course, silica. Like other micas, it forms flat book-like crystals that peel
apart into individual sheets on cleavage planes.

BOREAL:  Referring to the northern forests.

CO:  The chemical symbol for Cobalt.

CONTACT:  The surface of delimitation between a vein and its wall, or country
rock.

CU:  The chemical symbol for Copper.

DERIVATIVE:  A rock composed of materials derived from the weathering of older
rocks, a sedimentary rock, or a rock formed of material that has not been in a
state of fusion immediately before its accumulation.

DYKES:  Tabular igneous intrusions that cut across the bedding or foliation of
the country rock.

ECOCLIMATE:  Climate operating as an ecological factor.  The sum of the
meteorological factors within a habitat.

ESKERS:  A long, narrow ridge of coarse gravel deposited by a stream flowing in
or under a decaying glacial ice sheet.

FACIES:  The overall characteristics of a rock unit that reflect its origin and
differentiate the unit from others around it. Mineralogy and sedimentary source,
fossil content, sedimentary structures and texture distinguish one facies from
another.

FELSIC:  Igneous rock composed principally of feldspars and quartz.

FERROMAGNESION:  Containing iron and magnesium.

FLUVIOGLACIAL:  Pertaining to the meltwater streams flowing from wasting glacier
ice and esp. To the deposits and landforms produced by such streams, as kame
terraces and outwash plains; relating to the combined action of glaciers and
streams.

FOLIATED:  Of a planar structure or any planar set of minerals in metamorphic
rocks that formed from direct pressure during deformation.

GABBRO:  Coarse grained mafic intrusive rock composed mainly of plagioclase and
pyroxene.

GABBROIC:  Having the quality of gabbro

                                       4
<PAGE>
GABBRONORITE:  Gabbro containing orthopyroxene and labradorite, a plagioclasic
feldspar.

GARNET:  Any of a group of hard silicate minerals having the general formula
asb2(sio4)3, occurring chiefly as well-formed crystals in metamorphic rocks.

GARNETIFEROUS:  Containing garnets.

GEOPHYSICS:  The study of the physical properties of the earth and the
composition and movement of its component rock. Geophysics is used extensively
in mineral exploration to detect mineralized rocks characterized by any one or
more of their physical properties.

GNEISS:  A layered or banded crystalline metamorphic rock, the grains of which
are aligned or elongated into a roughly parallel arrangement.

GOSSAN:  A rusty rock in which iron-bearing sulphide minerals have been oxidized
by air and water. Gossans may overlie a significant sulphide body.

GRANITE:  Medium to coarse-grained felsic intrusive rock.

GRANITE: An igneous (formed from molten material) rock that solidified within
the Earth's crust and is principally composed of quartz, feldspar, and biotite.

GRANITIC:  See Granitoid.

GRANITOID:  Pertaining to or composed of granite.

GRANULITE:  A relatively coarse, granular rock formed at high pressures and
temperatures, which may exhibit a crude gneissic structure due to the
parallelism of flat lenses of quartz or feldspar.

GRAPHITE:  Native carbon mineral often with high conductance properties.

IGNEOUS:  Rock or material, which solidified from molten material.

INTRUSION:  A mass of rock that has been forced into or between other rocks.

INTRUSIVE:  A body of igneous rock formed by the consolidation of magma intruded
into other rocks, in contrast to lavas, which are extruded upon the surface.

LITHOLOGY:  The character of a rock described in terms of its structure, color,
mineral composition, grain size, and arrangement of its component parts; all
those visible features that in the aggregate impart individuality to the rock.

MAFIC:  Pertaining to or composed of the ferromagnesian rock-forming silicates,
said of some igneous rocks and their constituent minerals.

MAGMA:  Molten rock, formed within the inner parts of the Earth, which
crystallizes to form an igneous rock.

MAGMATIC SULPHIDE DEPOSIT:  A deposit - usually of nickel, copper, cobalt or
platinum group elements - that is found in mafic or ultramafic igneous rocks.

MAGNETITE:  Magnetic iron ore, being a black iron oxide containing 72.4% iron
when pure.

MASL:  Metres above sea level.

MASS:  A large irregular deposit of ore, which cannot be recognized as a vein or
bed.

METAMORPHIC:  A rock that has been altered by physical and chemical processes
including heat, pressure, and fluids.

METASEDIMENTARY:  Having the quality of a sediment or sedimentary rock that
shows evidence of having been subjected to metamorphism.

MIGMATITIC:  Having the quality of a composite rock composed of igneous or
igneous-appearing and metamorphic materials that are generally distinguishable
megascopically.

                                       5
<PAGE>
MONZONITE:  A granular plutonic rock containing approximately equal amounts of
orthoclase and plagioclase, and thus intermediate between syenite and diorite.

MORAINAL:  Have the quality of a mass of rocks, gravel, sand, clay, etc.,
carried and deposited directly by a glacier.

NI:  The chemical symbol for Nickel.

OLIVINE:  A naturally occurring mineral (magnesium-iron silicate) that is
usually olive green.

PARAGNEISS:  A gneiss formed by the metamorphism of a sedimentary rock.

PELITIC:  A fine-grained sedimentary rock composed of more or less hydrated
aluminum silicates with which are mingled small particles of various other
minerals.

PLAGIOCLASE:  Any of a series of triclinic minerals of the feldspar family,
ranging in composition from albite to anorthite and found in many rocks.

PSAMMITIC:  Of or having the quality of fine-grained, clayey sandstone.

PYRITE:  Iron sulphide.

QUARTZOFELDSPATHIC:  Composition of a rock particularly rich in silica and
feldspar.

SULPHIDE:  Minerals in which the metallic elements are chemically bound to
sulphur.

TERRACE:  A raised portion of an ancient riverbed or a bank on which alluvial
deposits may be found.

TROCTOLITE:  Igneous rock, found in the lunar highlands, composed of plagioclase
and olivine.

ULTRAMAFIC:  An igneous rock composed chiefly of mafic minerals.

HISTORY OF THE CLAIMS

Previous exploration work in the area of the White Bear Arm Property extends
back to the 1950s, when various reconnaissance missions were performed
throughout the Province of Newfoundland and Labrador.  Documented field work is
found back to the mid 1990s, when the massive Voisey's Bay nickel-copper
deposits were discovered, spurring an exploration rush throughout much of
Labrador.

In the immediate area of the White Bear Arm Property, detailed mineral
exploration work was completed by Noranda Mining and Exploration Inc. in 1995
and 1996.  Geological mapping, prospecting, geochemical sampling, airborne
electromagnetics, and ground geophysics are some of the many surveys completed
over the property.  Noranda explored the area for its magmatic Ni-Cu sulphide
potential.

Geological mapping and compilation was conducted by the Newfoundland and
Labrador Department of Mines and Energy.  In the most recent mapping, completed
in 1988, the White Bear Arm Complex ("WBAC") is described as being composed of
gabbronorite, olivine gabbronorite and troctolite, together with lesser
monzonite and metamorphic derivatives that in the south are strongly deformed
and metamorphosed to amphibolite intercalated with metasedimentary gneiss of the
Paradise River Metasedimentary Gneiss Belt (PRMBGB).  Pronounced Ni, Co and Cu
lake bottom anomalies were also noted in the eastern end of the WBAC  An assay
of 0.15% Cu and 0.13% Ni was historically returned from a gossan at Mountain
Brook in the WBAC.

LOCATION AND ACCESS

The White Bear Arm Property is located approximately 13 kilometers northeast of
the community of Charlottetown, Labrador, Canada.  The mineral licenses
composing the White Bear Arm Property straddle the boundary between National
Topographic Series map sheets 13A/16 and 3D/13.  The property is approximately
five kilometers from tidewater.

Charlottetown, located 290 kilometers east-southeast of the town of Goose Bay,
has a gravel air strip for scheduled air traffic, and is serviced by chartered
float plane and scheduled coastal boat traffic during ice free months (June to
October).  The town has a motel, and some supplies and services can be procured
there.

                                       6
<PAGE>
The White Bear Arm Property is accessible by helicopter for the purpose of an
initial assessment.

TOPOGRAPHIC AND PHYSICAL ENVIRONMENT

The area is moderately to heavily wooded, with some open barren areas on ridges
and hilltops, and underlain by a thick layer of muskeg and caribou moss.  The
topography of the area is locally rugged, with elevations ranging from up to 230
masl, locally.  The area is heavily wooded.

The White Bear Arm Property is located within the Paradise River Ecoregion,
classified as having a maritime mid-boreal ecoclimate, with its forests
dominated by closed stands of balsam fir and black spruce.  The region is
dominated by northwest trending lakes and bays that mimic the structural grain
of the bedrock.  Relief is locally rugged, with elevations reaching 300 meters
above sea level.  The area is heavily wooded, with some open barren areas on
ridges and hilltops.

Composed of granites, gneisses, and gabbroic intrusive rocks, the area is
generally rough and undulating with deeply dissected coastal margins.  Its
surface rises rapidly from the sea coast to elevations of about 300 masl, and is
covered with sandy morainal deposits of variable thickness.  Fluvioglacial
deposits are sporadically distributed in the form of eskers and river terraces.

The general area is marked by cool, rainy summers and cold winters.  The mean
annual temperature is approximately 1 Celsius.  The mean summer temperature is
11.5 Celsius and the mean winter temperature is -9 Celsius.  The mean annual
precipitation ranges 800-1100 millimeters.

REGIONAL GEOLOGY

The White Bear Arm Property lies within the eastern portion of the Grenville
lithotectonic province of Labrador, within rocks of the PRMGB.  The belt
consists of sulphide-bearing pelitic, migmatitic metasedeimentary gneiss and
minor psammitic gneiss at amphibolite to granulite facies, which are
intercalated with granitoid and mafic-ultramafic intrusives.  The latter are
generally interpreted by field regional geophysics to be part of the WBAC, which
has locally intruded and assimilated the PRMGB, and is interpreted to underlie
it.  The juxtaposition of a possible nickel source (WRAC) with sulphidic host
material (PRMGB), and the presence of significant Ni-Cu-Co lake bottom anomalies
provide an ideal exploration environment for Ni-Cu magmatic sulphide deposits.

LOCAL GEOLOGY

Detailed geology in the vicinity of the White Bear Arm Property was extrapolated
from work completed by Noranda Mining and Exploration Inc.  Underlying the area,
the principal lithology is a quartzofeldspathic, frequently garnetiferous (some
samples contain up to 50% garnet), meta-sedimentary gneiss.  The gneiss is
foliated uniformly, trends towards the northwest, and is steeply dipping.  The
outcrop consists of banded pink and black, fine-grained garnet-biotite gneiss.

Locally, the spectacular flake graphite is developed, and can attain 5% of the
rock over narrow widths.  Additionally, disseminated pyrite, commonly 2-3%
(occasionally up to 20%) as patches, occurs as rusty staining within the gneiss.
Traces of chalcopynte was locally noted to occur in the area.

Where exposure is adequate, amphibolite is seen to occur parallel to the
foliation, as narrow (amphibole and garnet mineralogy) dykes, comprising
dominantly amphibole, garnet and magnetite.

Granite in the area occurs both as granitic gneiss with banding and anatectic
(diffuse veining) textures, as well as totally undeformed dykes and masses with
sharp contacts.  These late granites are found to cross-cut both the
paragneisses and amphibolites.

PROPOSED EXPLORATION PROGRAM

Our management intends to explore the White Bear Arm Property for commercially
producible deposits of nickel, copper and industrial minerals such as garnet.
We intend to implement a two-phase exploration program to further evaluate the
property.  An estimated budget for our exploration program is set out in the
following table:

                                       7
<PAGE>
--------------------------------------------------------------------------
PHASE I
--------------------------------------------------------------------------

Geologist, sampling and mapping supervision                       $  2,700
Geological assistant                                              $  1,500
Rock, stream sediment and till sampling                           $  2,500
Room and board lodging in Charlottetown                           $  1,000
Transportation from Goose Bay to project area                     $ 13,500
Permits, fees, filings, insurance and other administrative items  $  1,000
Reports and maps                                                  $  1,000
Overhead                                                          $  3,480
--------------------------------------------------------------------------

TOTAL PHASE I COSTS:                                              $ 26,680
--------------------------------------------------------------------------

PHASE II
--------------------------------------------------------------------------

Diamond Drilling and Core Sampling                                $170,000
Overhead                                                          $ 25,500
--------------------------------------------------------------------------

TOTAL PHASE II COSTS:                                             $195,500
--------------------------------------------------------------------------

TOTAL PROGRAM COSTS:                                              $222,180
==========================================================================

Actual project costs may exceed our estimates.

The Phase I field program for 2011 is intended to allow for more effective
assessment of past work, geological targets and geophysical anomalies.  An
expanded geological mapping and geological sampling program will cover
previously established grid areas, as well as other prospective sites that may
be developed to delineate either base metals or industrial minerals.
Geochemical sampling would include rock, stream sediment and till sampling.
Several airborne electromagnetic anomalies will be re-verified on the ground and
mapped for size and extent.

If the results of the Phase I exploration program identify claim positions for
which there is sufficient indication of economic geological value to support
further exploration ("high priority targets"), we will implement a Phase II
diamond drilling program to follow-up such high priority targets.  Phase II
would include 800 to 1,000 metres of drilling, mobilized to the nearest road by
truck, and helicopter supported from that point.  Subject to financing, we
expect Phase II to be completed later in 2011, or during 2012.

We have sufficient capital to complete Phase I of our exploration program, but
we have insufficient funds to begin Phase II.  The proceeds from this offering
will not be sufficient to fund Phase II.  If Phase I of our exploration program
identifies high priority targets for further exploration in Phase II, then we
will be required to raise additional financing to fund Phase II.

Both Phases of our proposed exploration program will be conducted under the
supervision and direction of an independent consulting geologist, who will
determine all protocols and procedures to be followed.  We do not intend to
engage the services of a geologist in respect of our exploration program until
May 2011.

We anticipate that any additional funding that we require will be in the form of
equity financing from the sale of our common stock.  There is no assurance,
however, that we will be able to raise sufficient funding from the sale of our
common stock.  The risky nature of this enterprise and lack of tangible assets
places debt financing beyond the credit-worthiness required by most banks or
typical investors of corporate debt until such time as an economically viable
mine can be demonstrated.  We do not have any arrangements in place for any
future equity financing.  If we are unable to secure additional funding, we will
cease or suspend operations.  We have no plans, arrangements or contingencies in
place in the event that we cease operations.

MANAGEMENT EXPERIENCE

Our management has no professional training or technical credentials in the
exploration, development, or operation of mines.  Consequently, we may not be
able to recognize or take advantage of potential acquisition and exploration
opportunities in the sector without the aid of qualified geological consultants.
Moreover, with no direct training or experience, our management may not be fully
aware of the specific requirements related to working in this industry.  They
may make mistakes in their decisions and choices that could cause our operations
and ultimate financial success to suffer irreparable harm.

GEOLOGICAL AND TECHNICAL CONSULTANTS

Since our sole officer and director is inexperienced with exploration, we intend
to retain qualified persons on a contract basis to perform the surveying,
exploration, and excavating of the White Bear Arm Property as needed.  We do not
presently have any verbal or written agreement regarding the retention of any
such person for the exploration program.

                                       8
<PAGE>
COMPETITIVE FACTORS

The mining industry is highly fragmented and we will be competing with many
other exploration companies looking for minerals. We are one of the smallest
exploration companies and are an infinitely small participant in the mineral
exploration business. While we will generally compete with other exploration
companies, there is no competition for the exploration of minerals from our
claims.

We are a junior mineral exploration company. We compete with other junior
mineral exploration companies for financing from a limited number of investors
that are prepared to make investments in junior mineral exploration companies.
The presence of competing junior mineral exploration companies may impact on our
ability to raise additional capital in order to fund our exploration programs if
investors are of the view that investments in competitors are more attractive
based on the merit of the mineral properties under investigation and the price
of the investment offered to investors.

We will also be competing with other junior and senior mineral companies for
available resources, including, but not limited to, professional geologists,
camp staff, mineral exploration supplies and drill rigs.

LOCATION CHALLENGES

We do not expect any major challenges in accessing the White Bear Arm Property
during the initial exploration stages.

REGULATIONS

Our mineral exploration program is subject to the regulations of the Department
of Natural Resources of the Province of Newfoundland & Labrador.

In the Province of Newfoundland and Labrador, any person who intends to conduct
an exploration program must submit prior notice with a detailed description of
the activity to the Department. An exploration program that may result in ground
disturbance or disruption to wildlife habitat must have an Exploration Approval
from the Department of Natural Resources before the activity can commence. Some
exploration activities, such as bulk sampling and road construction, or
activities in designated sensitive areas, may require registration for
environmental assessment.

We will secure all necessary permits for exploration and, if development is
warranted on the property, we will file final plans of operation before we start
any mining operations.  We anticipate no discharge of water into active stream,
creek, river, lake or any other body of water regulated by environmental law or
regulation.  Restoration of the disturbed land will be completed according to
law.  All holes, pits and shafts will be sealed upon abandonment of the
property.  It is difficult to estimate the cost of compliance with the
environmental law since the full nature and extent of our proposed activities
cannot be determined until we start our operations and know what that will
involve from an environmental standpoint.

Exploration stage companies are not required to discuss environmental matters
except as they relate to exploration activities. The only "cost and effect" of
compliance with environmental regulations in Canada is returning the surface to
its previous condition upon abandonment of the property.

EMPLOYEES

We currently have no employees other than our sole officer and director, who has
not been paid for his services and will not receive compensation from the
proceeds of this offering.  We do not have any employment agreements with our
sole officer and director.  We do not presently have pension, health, annuity,
insurance, stock options, profit sharing or similar benefit plans; however, we
may adopt plans in the future. There are presently no personal benefits
available to our officers or directors.

We do not intend to hire additional employees at this time. All of the work on
the property will be conducted by unaffiliated independent contractors that we
will hire, including a consulting geologist and a mining engineer. The
independent contractors will be responsible for surveying, geology, engineering,
exploration, and excavation. The consulting geologist will evaluate the
information derived from the exploration and excavation and the engineer will
advise us on the economic feasibility of removing the mineralized material.

ITEM  1A.     RISK  FACTORS.

We  are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act
and  are  not  required  to  provide  the  information required under this item.

                                       9
<PAGE>
ITEM  1B.     UNRESOLVED  STAFF  COMMENTS.

We  are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act
and  are  not  required  to  provide  the  information required under this item.

ITEM  2.     PROPERTIES.

We have a 100% interest in the White Bear Arm Property, comprising 17 mineral
claims located along southeastern coastal Labrador, approximately 13 kilometers
northeast of the community of Charlottetown in Labrador, Canada, having a total
area of 425 hectares (1,054.8 acres). This interest only relates to the right to
explore for and extract minerals from the claims.  We do not own any real
property interest in the claims.  We do not own or lease any property other than
the White Bear Arm Property.

            MAP SHOWING THE LOCATION OF THE WHITE BEAR ARM PROPERTY



                              [GRAPHIC OMITED]



                                       10
<PAGE>
ITEM  3.     LEGAL  PROCEEDINGS

No director, person nominated to become a director, executive officer, promoter
or control person of our company has, during the last ten years: (i) been
convicted in or is currently subject to a pending a criminal proceeding
(excluding traffic violations and other minor offenses); (ii) been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to any federal or state securities or banking or commodities
laws including, without limitation, in any way limiting involvement in any
business activity, or finding any violation with respect to such law, nor (iii)
any bankruptcy petition been filed by or against the business of which such
person was an executive officer or a general partner, whether at the time of the
bankruptcy or for the two years prior thereto.

                                    PART II

ITEM  5.     MARKET  FOR  COMMON  EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES  OF  EQUITY  SECURITIES

Our shares trade under the symbol "CASL" on the OTC Markets' OTCQB.  Very
limited trading activity has occurred during the past two years with our common
stock; therefore, only limited historical price information is available.  The
following table sets forth the high and low bid prices of our common stock (USD)
for the last two fiscal years and subsequent interim period, as reported by OTC
Markets Group and represents inter dealer quotations, without retail mark-up,
mark-down or commission and may not be reflective of actual transactions:

                         -------------------------------
                         QUARTER ENDED       HIGH    LOW
                         -------------------------------
                         August 31, 2010    $0.05  $0.02
                         May 31, 2010           -      -
                         February 28, 2010      -      -
                         November 30, 2009      -      -
                         August 31, 2009        -      -
                         May 31, 2009       $0.25  $0.25
                         February 28, 2009  $0.25  $0.25
                         November 30, 2008  $0.25  $0.10
                         -------------------------------

DIVIDEND  POLICY

Our  Board  of  Directors may declare and pay dividends on outstanding shares of
common  stock  out  of funds legally available there for in our sole discretion;
however,  to  date  no  dividends  have  been paid on common stock and we do not
anticipate  the  payment  of  dividends  in  the  foreseeable  future.

RECENT  SALES  OF  UNREGISTERED  SECURITIES

On  September  22,  2010,  we  issued 10,000,000 shares of our common stock at a
price  of  $0.005 per share to one purchaser for total cash proceeds of $50,000.
The shares were issued without registration in reliance on an exemption provided
by  Rule  903(b)(3)  of  Regulation  S promulgated under the Securities Act.  No
general  solicitation  was  made  in  connection with the offer or sale of these
securities.

ITEM  6.     SELECTED  FINANCIAL  DATA

We  are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act
and  are  not  required  to  provide  the  information required under this item.

ITEM 7.     MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

THE FOLLOWING DISCUSSION AND ANALYSIS OF OUR PLAN OF OPERATION SHOULD BE READ IN
CONJUNCTION WITH THE FINANCIAL STATEMENTS AND THE RELATED NOTES. THIS DISCUSSION
CONTAINS FORWARD-LOOKING STATEMENTS BASED UPON CURRENT EXPECTATIONS THAT INVOLVE
RISKS AND UNCERTAINTIES, SUCH AS OUR PLANS, OBJECTIVES, EXPECTATIONS AND
INTENTIONS. OUR ACTUAL RESULTS AND THE TIMING OF CERTAIN EVENTS COULD DIFFER
MATERIALLY FROM THOSE ANTICIPATED IN THESE FORWARD-LOOKING STATEMENTS AS A
RESULT OF CERTAIN FACTORS, INCLUDING THOSE SET FORTH UNDER "DESCRIPTION OF
BUSINESS" AND ELSEWHERE IN THIS ANNUAL REPORT.

                                       11
<PAGE>
OVERVIEW

Our business plan is to explore the White Bear Arm Property to determine whether
it contains commercially exploitable reserves of valuable minerals.  We intend
to proceed with Phase I of our proposed exploration program.  Phase I will
consist of expanded geological mapping, and geochemical sampling that will cover
previously established grid areas, as well as other prospective sites that may
be developed to delineate either base metals or industrial minerals.
Geochemical sampling will include rock, stream sediment and till sampling.
Several airborne electromagnetic anomalies will be re-verified on the ground and
mapped for size and extent.  If Phase I develops any high priority targets for
further exploration, then we will proceed with Phase II of the proposed
exploration program, consisting of  800 to 1000 metres of diamond drilling,
mobilized to the nearest road by truck, then helicopter-supported from that
point.  We anticipate that Phase I will cost approximately $26,680 while Phase
II would cost approximately $195,500.  To date, we have not commenced
exploration on the White Bear Arm Property.

We expect that Phase I of our exploration program will be concluded by July 30,
2011.  During Phase I we will retain a consulting geologist to review all past
exploration data relating to the White Bear Arm Property and plot relevant
information on a map.  This is known as geological mapping.  Based on this
mapping, the geologist will choose property areas that are most likely to host
economic mineralization.  He will then conduct a sampling program focusing on
these property areas by gathering rock and soil samples from the identified
areas that appear to contain mineralization.  The samples will be sent to a
laboratory for mineral analysis. By August 31, 2011, we should receive the
results of the sample analysis and be able to determine which property areas, if
any, contain significant mineralization.

If the results of Phase I warrant further exploration, we plan to complete Phase
II of the exploration program later in 2011, or during 2012.  Phase II will take
approximately three months to complete and will consist of using heavy equipment
to drill up to five holes to a depth of 200 meters.  Drilling locations will be
determined by analyzing the results of the Phase I sampling program.  Cylinders
of rock will be removed from the drill holes and sent to a laboratory for
mineral analysis.  Results will indicate the presence of any minerals below the
property surface.

We have sufficient capital to complete Phase I of our exploration program, but
we have insufficient funds to begin Phase II.  The proceeds from this offering
will not be sufficient to fund Phase II.  If Phase I of our exploration program
identifies high priority targets for further exploration in Phase II, then we
will be required to raise additional financing to fund Phase II.  Subject to
financing, we expect to complete Phase II within 12 months of obtaining our
Phase I results.

We anticipate that any additional funding that we require will be in the form of
equity financing from the sale of our common stock.  There is no assurance,
however, that we will be able to raise sufficient funding from the sale of our
common stock.  The risky nature of this enterprise and lack of tangible assets
places debt financing beyond the credit-worthiness required by most banks or
typical investors of corporate debt until such time as an economically viable
mine can be demonstrated.  We do not have any arrangements in place for any
future equity financing.  If we are unable to secure additional funding, we may
cease or suspend operations.  We have no plans, arrangements or contingencies in
place in the event that we cease operations.

Our sole officer and director has other outside business activities unrelated to
our business and will only be devoting approximately six hours per week of his
time to our business. We do not foresee this limited involvement as negatively
impacting our Company over the next 12 months because all exploratory work is
being performed by an outside consultant.  If, however, the demands of our
business require more time of our sole officer, such as raising additional
capital or addressing unforeseen issues with regard to our exploration efforts,
he is prepared to adjust his timetable to devote more time to our business. He
may, however, not be able to devote sufficient time to the management of our
business, as and when needed.

We do not have any verbal or written agreement regarding the retention of any
qualified engineer or geologist for our exploration program.

We do not have plans to purchase any significant equipment or to hire any
employees during the next 12 months, or until we have proved reserves.

We have not earned revenue since inception and we presently have no proven or
probable mineral reserves.  There is no assurance that our mineral claims
contain commercially exploitable reserves of valuable minerals.  Since
inception, we have suffered recurring losses and net cash outflows from
operations, and our activities have been financed from the proceeds of share
subscriptions and loans from management and non-affiliated third parties.  We
expect to continue to incur substantial losses to implement our business plan.
We have not established any other source of equity or debt financing and there
can be no assurance that we will be able to obtain sufficient funds to implement
our business plan.  As a result of the foregoing, our auditors have expressed
substantial doubt about our ability to continue as a going concern.  If we
cannot continue as a going concern, then our investors may lose all of their
investment.

                                       12
<PAGE>
RESULTS OF OPERATIONS

Our business is in the early stage of exploration.  Since inception on June 27,
2005 we have not earned any revenue and we have not identified any commercially
exploitable reserves of valuable minerals on our property.  We do not anticipate
earning revenue until such time as we have entered into commercial production of
the White Bear Arm Property.  We are presently in the exploration stage of our
business and we can provide no assurance that we will discover commercially
exploitable reserves of valuable minerals on the White Bear Arm Property, or
that if such resources are discovered that we will commercially produce them.

We posted an operating loss of $27,180 for the fiscal year ended August 31,
2010, due to consulting fees of $12,336, professional fees of $11,258, office
expenses of $2,780 and other expenses of $806.  This was a slight decrease from
the operating loss of $28,906 for the previous fiscal year.

LIQUIDITY AND CAPITAL RESOURCES

On August 30, 2010, we received a deposit of $50,000 from Thomas Mills with
respect to a private placement of 10,000,000 shares of our common stock to Mr.
Mills at a price of $0.005 per share (the "Private Placement").  The closing of
the Private Placement took place on September 22, 2010 with the execution of a
subscription agreement by Mr. Mills.  Proceeds from the private placement were
used to repay debt and to pre-pay operating expenses.

On August 31, 2010, we received a deposit of $50,000 with respect to a debt
financing by Moneris Capital LP that closed on September 21, 2010 with the
issuance by Castmor of a promissory note (the "Loan").  The Loan is due and
payable on September 21, 2011 and accrues interest from September 21, 2010 at
the rate of 20% per annum, calculated semi-annually, payable on the due date.
We may repay the Loan in whole or in part at any time prior to the due date.  As
of November 30, 2010, the Loan has accrued $2,014 in interest.  We have not made
any payment in respect of the Loan.  The Proceeds from the loan were used to pay
operating expenses, to acquire our mineral property and to pre-pay professional
fees.

As  of  August  31, 2010, we had total assets of $92,838 comprised of $29,032 in
cash and $63,806 in prepaid expenses.  This reflects an increase of the value of
our  total  assets from $17,707 on August 31, 2009, due to the Private Placement
and  the  Loan.

As of August 31, 2010, our total liabilities increased to $54,934 from $2,623 as
of  August  31,  2009.  The  increase  was  primarily  due to the Loan received.

As a result of our recent financing activities, we have sufficient working
capital to maintain our present level of operations for the next 12 months and
to complete Phase I of our proposed exploration program, but not Phase II.  We
will be required to seek additional funding in order to complete Phase II of our
exploration program.

We anticipate that any additional funding that we require will be in the form of
equity financing from the sale of our common stock.  There is no assurance,
however, that we will be able to raise sufficient funding from the sale of our
common stock.  The risky nature of this enterprise and lack of tangible assets
places debt financing beyond the credit-worthiness required by most banks or
typical investors of corporate debt until such time as an economically viable
mine can be demonstrated.  We do not have any arrangements in place for any
future equity financing.  If we are unable to secure additional funding, we may
cease or suspend operations.  We have no plans, arrangements or contingencies in
place in the event that we cease operations.

ITEM 7A.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act
and are not required to provide the information required under this item.

                                       13
<PAGE>

ITEM 8.     FINANCIAL STATEMENTS

                         INDEX TO FINANCIAL STATEMENTS

                             CASTMOR RESOURCES LTD.
                         (AN EXPLORATION STAGE COMPANY)



       FINANCIAL STATEMENTS FOR THE YEARS ENDED AUGUST 31, 2010 AND 2009

Report of Independent Registered Public Accounting Firm
Balance Sheets
Statements of Stockholders' Equity
Statements of Operations and Comprehensive Loss
Statements of Cash Flows
Notes to Financial Statements

                                       14
<PAGE>
CHANG LEE LLP
Chartered Accountants
                                                           606-815 Hornby Street
                                                        Vancouver, B.C., V6Z 2E6
                                                               Tel: 604-687-3776
                                                              Fax:  604-688-3373



            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To  the  Board  of  Directors  and  Stockholders  of

CASTMOR  RESOURCES  LTD.
(An  exploration  stage  company)

We  have  audited  the accompanying balance sheets of Castmor Resources Ltd. (an
exploration  stage  company)  as  at  August  31,  2010 and 2009 and the related
statements  of stockholders' equity, operations and comprehensive loss, and cash
flows  for  the  years then ended and for the period from June 27, 2005 (date of
inception)  to  August  31,  2010.  These  financial  statements  are  the
responsibility of the Company's management.  Our responsibility is to express an
opinion  on  these  financial  statements  based  on  our  audits.

We  conducted  our  audit in accordance with the standards of the Public Company
Accounting  Oversight  Board  (United  States).  Those standards require that we
plan  and  perform an audit to obtain reasonable assurance whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test  basis,  evidence  supporting  the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made  by  management,  as well as evaluating the overall
financial  statement  presentation.  We  believe  that  our  audit  provides  a
reasonable  basis  for  our  opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all  material  respects,  the financial position of the Company as at August 31,
2010 and 2009 and the results of its operations and its cash flows for the years
then  ended  and for the period from June 27, 2005 (date of inception) to August
31,  2010,  in  conformity  with accounting principles generally accepted in the
United  States  of  America.

The  accompanying  financial  statements have been prepared assuming the Company
will  continue  as  a  going  concern.  As  discussed in Note 1 to the financial
statements, the Company incurred losses from operations since inception, has not
attained  profitable  operations  and  is  dependent  upon  obtaining  adequate
financing  to fulfil its exploration activities. These factors raise substantial
doubt  about  the Company's ability to continue as a going concern. Management's
plans  in  regard  to  these matters are also discussed in Note 1. The financial
statements  do not include any adjustments that might result from the outcome of
this  uncertainty.






Vancouver, Canada                                             "Chang Lee LLP"
November  26,  2010                                       Chartered  Accountants



                                       15
<PAGE>
<TABLE>
<CAPTION>

CASTMOR RESOURCES LTD.
(An exploration stage company)

Balance Sheets
August 31, 2010
(Expressed in U.S. Dollars)

-------------------------------------------------------------------------------------------
                                                                       August 31  August 31
                                                                            2010       2009
-------------------------------------------------------------------------------------------
<S>                                                                    <C>        <C>
ASSETS

CURRENT ASSETS
Cash and cash equivalents                                              $ 29,032   $ 17,707
Prepaid expenses                                                         63,806          -
-------------------------------------------------------------------------------------------

TOTAL ASSETS                                                           $ 92,838   $ 17,707
===========================================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

CURRENT LIABILITIES
Accounts payable and accrued liabilities                               $  4,934   $  2,623

Long-term Liabilities
PROMISSORY NOTE (NOTE 4)                                                 50,000          -
-------------------------------------------------------------------------------------------

TOTAL LIABILITIES                                                        54,934      2,623
-------------------------------------------------------------------------------------------

STOCKHOLDERS' EQUITY

SHARE CAPITAL
Authorized:
     100,000,000 preferred shares at a par value of $0.0001 per share
          Issued and outstanding:  Nil
     900,000,000 common shares with a par value of $0.0001 per share
          Issued and outstanding:  2,487,000 common shares                  249        249
                                  (August 31, 2009:  2,487,000)

ADDITIONAL PAID-IN CAPITAL                                               79,631     79,631
SHARE SUBSCRIPTIONS RECEIVED                                             50,000          -

(DEFICIT) ACCUMULATED DURING THE EXPLORATION STAGE                      (91,976)   (64,796)
-------------------------------------------------------------------------------------------

TOTAL STOCKHOLDERS' EQUITY                                               37,904     15,084
-------------------------------------------------------------------------------------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                             $ 92,838   $ 17,707
===========================================================================================
</TABLE>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS.

                                       16
<PAGE>
<TABLE>
<CAPTION>

CASTMOR RESOURCES LTD.
(An exploration stage company)

Statements of Stockholders' Equity
For the period from June 27, 2005 (inception) to August 31, 2010
(Expressed in U.S. Dollars)
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                              Deficit
                                                                                                          accumulated          Total
                                                                               Additional          Share       during  stockholders'
                                           Preferred Stock      Common Stock      paid-in  subscriptions  exploration         equity
                                            Shares  Amount     Shares  Amount     capital       received        stage   (deficiency)
------------------------------------------------------------------------------------------------------------------------------------
<S>                                         <C>     <C>     <C>        <C>     <C>         <C>            <C>          <C>

Issuance of common stock for settlement
of debt July 16, 2005 ($0.0001 per share)        -  $    -  2,060,000  $  206  $      824  $          -   $      -     $      1,030

Loss and comprehensive loss for the period       -       -          -       -           -             -     (1,914)          (1,914)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2005                         -       -  2,060,000  $  206  $      824  $          -   $ (1,914)    $       (884)
------------------------------------------------------------------------------------------------------------------------------------

Issuance of common stock for cash
October 25, 2005 ($0.02 per share)               -  $    -    150,000  $   15  $   14,985  $          -   $      -     $     15,000

Issuance of common stock for settlement
of debt October 31, 2005 ($0.02 per share)       -  $    -     36,000  $    4  $    3,596  $          -   $      -     $      3,600

Loss and comprehensive loss for the year         -       -          -       -           -             -     (9,537)          (9,537)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2006                         -  $    -  2,246,000  $  225  $   19,405  $          -   $(11,451)    $      8,179
------------------------------------------------------------------------------------------------------------------------------------

Loss and comprehensive loss for the year         -       -          -       -           -             -     (5,404)          (5,404)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2007                         -  $    -  2,246,000  $  225  $   19,405  $          -   $(16,855)    $      2,775
------------------------------------------------------------------------------------------------------------------------------------

Issuance of common stock for cash
November 30, 2007 ($0.05 per share)              -  $    -    241,000  $   24  $   60,226  $          -   $      -     $     60,250

Loss and comprehensive loss for the year         -       -          -       -           -             -     (5,404)          (5,404)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2008                         -  $    -  2,487,000  $  249  $   79,631  $          -   $(35,890)    $     43,990
------------------------------------------------------------------------------------------------------------------------------------

Loss and comprehensive loss for the year         -       -          -       -           -             -    (28,906)         (28,906)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2009                         -  $    -  2,487,000  $  249  $   79,631  $          -   $(64,796)    $     15,084
------------------------------------------------------------------------------------------------------------------------------------

Share subscriptions received                     -  $    -          -  $    -  $        -  $     50,000   $      -     $     50,000

Loss and comprehensive loss for the year         -       -          -       -           -             -    (27,180)         (27,180)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2010                         -  $    -  2,487,000  $  249  $   79,631  $     50,000   $(91,976)    $    (37,904)
====================================================================================================================================
</TABLE>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS

                                       17
<PAGE>
<TABLE>
<CAPTION>

CASTMOR RESOURCES LTD.
(A exploration stage company)

Statements of Operations and Comprehensive Loss
(Expressed in U.S. Dollars)
----------------------------------------------------------------------------------------------------------
                                                       Cumulative from
                                                         June 27, 2005
                                                        (inception) to         Year ended       Year ended
                                                       August 31, 2010    August 31, 2010  August 31, 2009
----------------------------------------------------------------------------------------------------------
<S>                                                   <C>                <C>               <C>
EXPENSES

Bank charges                                          $            438   $           121   $           69
Consulting fees                                                 13,699            12,336              965
Interest expense                                                 2,336                 -                -
Office expenses                                                  9,879             2,780              944
Professional fees                                               50,272            11,258           18,340
Resource property exploration costs                              5,000                 -                -
Transfer expenses                                                2,283               685              519
Write-off mineral deposit                                        8,069                 -            8,069
----------------------------------------------------------------------------------------------------------

LOSS FROM OPERATIONS                                            91,976            27,180           28,906
----------------------------------------------------------------------------------------------------------

NET LOSS AND COMPREHENSIVE LOSS FOR THE PERIOD        $        (91,976)  $       (27,180)  $      (28,906)
----------------------------------------------------------------------------------------------------------

BASIC AND DILUTED LOSS PER SHARE                                         $         (0.01)  $        (0.01)
==========================================================================================================

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
- basic and diluted                                                            2,487,000        2,487,000
==========================================================================================================
</TABLE>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS

                                       18
<PAGE>
<TABLE>
<CAPTION>

CASTMOR RESOURCES LTD.
(An exploration stage company)

Statements of Cash Flows
(Expressed in U.S. Dollars)
------------------------------------------------------------------------------------------------------------------------
                                                                    Cumulative from
                                                                      June 27, 2005
                                                                     (inception) to        Year ended        Year ended
                                                                   Augusts 31, 2010   August 31, 2010   August 31, 2009
------------------------------------------------------------------------------------------------------------------------
<S>                                                                <C>                <C>               <C>
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES
Net (Loss) for the period                                          $        (91,976)  $       (27,180)  $       (28,906)

Changes in operating assets and liabilities
- (increase) decrease in prepaid expenses                                   (63,806)          (63,806)                -
- (increase) decrease in security deposit                                         -                 -             8,069
- increase (decrease) in accounts payable and accrued liabilities              4,934            2,311            (3,005)
------------------------------------------------------------------------------------------------------------------------

NET CASH (USED IN) OPERATING ACTIVITIES                                    (150,848)          (88,675)          (23,842)
------------------------------------------------------------------------------------------------------------------------

CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES
Proceeds from promissory note                                                50,000            50,000                 -
Proceeds from share subscriptions received                                   50,000            50,000                 -
Proceeds from issuance of common stock                                       79,880                 -                 -
------------------------------------------------------------------------------------------------------------------------

NET CASH PROVIDED BY FINANCING ACTIVITIES                                   179,880           100,000                 -
------------------------------------------------------------------------------------------------------------------------

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                             29,032            11,325           (23,842)

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                    -            17,707            41,549
------------------------------------------------------------------------------------------------------------------------

CASH AND CASH EQUIVALENTS, END OF PERIOD                           $         29,032   $        29,032   $        17,707
========================================================================================================================

SUPPLEMENTAL CASH FLOW INFORMATION

Interest paid                                                      $          2,336   $             -   $             -
========================================================================================================================

Income taxes paid                                                  $              -   $             -   $             -
========================================================================================================================
</TABLE>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS

                                       19
<PAGE>
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Castmor Resources Ltd. (hereinafter "the Company") was incorporated in the State
of  Nevada,  U.S.A.,  on June 27, 2005.  The Company's fiscal year end is August
31.

The  Company  has  been in the exploration stage since its formation and has not
yet  realized  any revenues from its operations.  It is primarily engaged in the
acquisition  and  exploration  of  mining  properties.  Upon  location  of  a
commercially  minable  reserve, the Company expects to actively prepare the site
for its extraction and enter a development stage.  In 2005, the Company acquired
mineral  interests  in  two non-contiguous properties located along southeastern
coastal  Labrador,  approximately  13  kilometers  northeast of the community of
Charlottetown,  Labrador,  Canada.  In  2009,  the  Company's  interest in these
mineral  properties  were  forfeited.  On  September  20,  2010,  the  Company
reacquired  its  interest  in  the  mineral  properties.

Effective  August  19,  2010,  we  effected a five (5) for one (1) share reverse
split of our authorized and issued and outstanding common stock.  As a result of
the reverse split, the Company's issued and outstanding common stock was reduced
from  12,435,000  shares  to  2,487,000  shares.

These  financial  statements  have  been  prepared  in accordance with generally
accepted  accounting  principles in the United States of America applicable to a
going  concern  which  assume  that  the  Company  will  realize  its assets and
discharge  its  liabilities  in  the normal course of business.  The Company has
incurred  accumulated  losses  of  $91,976  since inception and has no source of
revenue.  The  future  of  the  Company  is dependent upon its ability to obtain
financing  and  upon  future  acquisition.  These factors create doubt as to the
ability  of  the Company to continue as a going concern.  Realization values may
be  substantially different from the carrying values as shown in these financial
statements  should  the  Company  be  unable  to  continue  as  a going concern.
Management  is in the process of identifying sources for additional financing to
fund  the  ongoing  development  of  the  Company's  business.

NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

The  financial  statements  of the Company have been prepared in accordance with
the  generally  accepted  accounting principles in the United States of America.
Because a precise determination of many assets and liabilities is dependent upon
future  events, the preparation of financial statements for a period necessarily
involves  the  use of estimates that have been made using careful judgment.  The
financial statements have, in management's opinion been properly prepared within
reasonable  limits  of  materiality  and within the framework of the significant
accounting  policies  summarized  below:

Accounting  Method

The  Company's  financial  statements  are  prepared  using the accrual basis of
accounting  in  accordance  with accounting principles generally accepted in the
United  States  of  America.

Cash  and  Cash  Equivalents

For  purposes  of  the statement of cash flows, the Company considers all highly
liquid  investments  and short-term debt instruments with original maturities of
three  months  or less to be cash equivalents.   As at August 31, 2010 and 2009,
there  were  no  cash  equivalents.

Use  of  Estimates

The  preparation  of  financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of  assets  and  liabilities,  and disclosure of
contingent  assets  and liabilities at the date of the financial statements, and
the  reported amounts of revenues and expenses for the reporting period.  Actual
results  could  differ  from  these  estimates.

                                       20
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NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

Concentration  of  Credit  Risk

The  Company  places  its  cash  and  cash  equivalents with high credit quality
financial  institutions.  There  is  no  deposit  insurance  on  the  Company's
accounts.

Foreign  Currency  Transactions

The  Company  is  located and operating outside of the United States of America.
The  Company's  functional currency and reporting currency, is U.S. Dollars.  At
the  transaction  date, each asset, liability, revenue and expense is translated
into  U.S.  dollars  by the use of the exchange rate in effect at that date.  At
the  period  end,  monetary  assets and liabilities are re-measured by using the
exchange  rate in effect at that date.  The resulting foreign exchange gains and
losses  are  included  in  operations.

Fair  Value  of  Financial  Instruments

ASC 820 "Fair Value Measurements and Disclosures" requires an entity to maximize
the  use  of  observable inputs and minimize the use of unobservable inputs when
measuring  fair  value.  ASC 820 establishes a fair value hierarchy based on the
level  of independent, objective evidence surrounding the inputs used to measure
fair  value.  A  financial  instrument's  categorization  within  the fair value
hierarchy  is  based  upon  the lowest level of input that is significant to the
fair  value  measurement.  ASC 820 prioritizes the inputs into three levels that
may  be  used  to  measure  fair  value:
Level  1  - Quoted prices in active markets for identical assets or liabilities;
Level  2  -  Inputs  other  than  quoted prices included within Level 1 that are
either  directly  or  indirectly  observable;  and
Level  3  -  Unobservable  inputs  that  are  supported  by  little or no market
activity, therefore requiring an entity to develop its own assumptions about the
assumptions  that  market  participants  would  use  in  pricing.

The  Company's financial instruments include cash and cash equivalents, accounts
payable  and accrued liabilities and promissory notes.  Fair values were assumed
to  approximate  carrying  value  for  these financial instruments, except where
noted.  Management  is  of  the  opinion  that  the  Company  is  not exposed to
significant  interest  or credit risks arising from these financial instruments.
The  Company  is  operating  outside  the  United  States  of  America  and  has
significant exposure to foreign currency risk due to the fluctuation of currency
in  which  the  Company  operates  and  U.S.  dollars.

Mineral  Property  Payments  and  Exploration  Costs

Mineral  property acquisition costs are initially capitalized as tangible assets
when  purchased.  The  Company  assesses  the carrying costs for impairment when
indicators  of impairment exist. If proven and probable reserves are established
for  a  property  and  it  has  been  determined  that a mineral property can be
economically  developed,  costs  will be amortized using the units-of-production
method  over  the  estimated  life  of  the  proven  and  probable  reserve.

Mineral  property  exploration  and  development  costs are expensed as incurred
until  the  establishment  of  economically  viable  reserves.

Long-lived  Assets  Impairment

Long-lived  assets of the Company are reviewed for impairment whenever events or
circumstances  indicate  that  the  carrying  amount  of  assets  may  not  be
recoverable,  pursuant  to  guidance established in ASC 360, Property, Plant and
Equipment.

Management  considers  assets  to  be impaired if the carrying value exceeds the
future  projected  cash  flows from related operations (undiscounted and without
interest  charges). If impairment is deemed to exist, the assets will be written
down  to  fair value. Fair value is generally determined using a discounted cash
flow  analysis.

                                       21
<PAGE>
NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

Assets  Retirement  Obligations

The Company has adopted ASC 410, Asset Retirement and Environmental Obligations,
which  requires  that  the  fair  value  of  a liability for an asset retirement
obligation be recognized in the period in which it is incurred. ASC 410 requires
the  Company  to  record a liability for the present value of the estimated site
restoration  costs  with  corresponding  increase  to the carrying amount of the
related  long-lived assets. The liability will be accreted and the asset will be
depreciated  over  the  life  of  the  related  assets.  Adjustments for changes
resulting from the passage of time and changes to either the timing or amount of
the  original  present value estimate underlying the obligation will be made. As
at  August  31,  2010  and  2009, the Company does not have any asset retirement
obligations.

Costs associated with environmental remediation obligations will be accrued when
it  is  probable  that  such  costs  will be incurred and they can be reasonably
estimated.

Stock-Based  Compensation

The Company adopted ASC 718, Compensation - Stock-Based Compensation, to account
for  its  stock  options  and  similar  equity instruments issued.  Accordingly,
compensation  costs  attributable to stock options or similar equity instruments
granted  are measured at the fair value at the grant date, and expensed over the
expected  vesting  period.

The  Company  did not grant any stock options during the period ended August 31,
2010  and  2009.

Comprehensive  Income

The  Company  adopted ASC 220, Comprehensive Income, which establishes standards
for  reporting  and  display  of  comprehensive  income,  its  components  and
accumulated  balances.  The  Company  is  disclosing  this  information  on  its
Statement of Stockholders' Equity.  Comprehensive income comprises equity except
those  resulting  from  investments  by owners and distributions to owners.  The
Company  has  no  elements  of  "other comprehensive income" for the years ended
August  31,  2010  and  2009.

Income  Taxes

The  Company  has  adopted  ASC 740, Income Taxes, which requires the Company to
recognize  deferred  tax  liabilities  and  assets  for  the expected future tax
consequences  of  events  that  have  been recognized in the Company's financial
statements  or  tax  returns  using  the  liability  method.  Under this method,
deferred  tax  liabilities  and  assets  are  determined  based on the temporary
differences  between  the  financial  statement  and  tax  bases  of  assets and
liabilities  using  enacted  tax  rates  in  effect  in  the  years in which the
differences  are  expected  to  reverse.

Basic  and  Diluted  Loss  Per  Share

In  accordance with ASC 260, Earnings Per Share, the basic loss per common share
is  computed  by  dividing  net  loss  available  to  common stockholders by the
weighted  average  number of common shares outstanding.  Diluted loss per common
share  is  computed  similar  to  basic  loss  per  common share except that the
denominator  is increased to include the number of additional common shares that
would  be  outstanding if the potential common shares had been issued and if the
additional  common  shares  were  dilutive.

New  Accounting  Pronouncements

In  April  2009,  the FASB issued an update to ASC 820, "Fair Value Measurements
and Disclosures", relating to providing guidance on when the volume and level of
activity  for  the  asset  or  liabilities  have  significantly  decreased  and
identifying  transactions  that  are  not  orderly.  The  update  clarifies  the
methodology to be used to determine fair value when there is no active market or
where  the  price inputs being used represent distressed sales.  The update also
affirms  the objective of fair value measurement, as stated in ASC 820, which is
to  reflect  how  much an asset would be sold in an orderly transaction, and the
need  to  use  judgment  to  determine  if  a  formerly active market has become
inactive, as well as to determine fair values when markets have become inactive.
The  Company  adopted  this  Statement  in  the  current  fiscal  year  without
significant  financial  impact.

In April 2009, the FASB issued an update to ASC 825, "Financial Instruments", to
require interim disclosures about the fair value of financial instruments.  This
update  enhances  consistency in financial reporting by increasing the frequency
of  fair  value  disclosures  of those assets and liabilities falling within the
scope  of  ASC  825.  The Company adopted this update in the current fiscal year
without  significant  impact  to  the  financial  statements.

                                       22
<PAGE>
NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

New  Accounting  Pronouncements

In  April  2009,  ASC  320,  "Investments  -  Debt  and  Equity", amends current
other-than-temporary  guidance for debt securities through increased consistency
in  the  timing  of  impairment  recognition and enhanced disclosures related to
credit  and  noncredit components impaired debt securities that are not expected
to  be sold.  Also, the Statement increases disclosures for both debt and equity
securities  regarding expected cash flows, securities with unrealized losses and
credit  losses.  The  Company  adopted this Statement in the current fiscal year
without  significant  impact  to  the  financial  statements.

In  April  2009,  the FASB issued an update to ASC 805, "Business Combinations",
that  clarifies  and  amends  ASC  805, as it applies to all assets acquired and
liabilities  assumed  in  a  business combination that arise from contingencies.
This  update  addresses  initial  recognition and measurement issues, subsequent
measurement  and  accounting,  and  disclosures  regarding  these  assets  and
liabilities  arising  from contingencies in a business combination.  The Company
adopted  this Statement in the current fiscal year without significant impact to
the  financial  statements.

In  May  2009,  the  FASB  issued  ASC 855, "Subsequent Events".  This Statement
addresses  accounting  for and disclosure of events that occur after the balance
sheet date but before financial statements are issued or available to be issued.
ASC  855  requires  disclosure of the date through which an entity has evaluated
subsequent events and the basis for that date, the date issued or date available
to  be  issued.  The  Company adopted this Statement in the current fiscal year.

In June 2009, the FASB issued ASC 860, "Transfers and Servicing".  This Standard
eliminates  the  concept  of  a  qualifying  special purpose entity ("QSPE") and
modifies  the  derecognition  provisions  in  Statement  of Financial Accounting
Standards  No.  140.  This  statement is effective for financial asset transfers
occurring after the beginning of an entity's first fiscal year that begins after
November  15,  2009.  Early  application  is  prohibited.  The  Company does not
anticipate  any  significant  financial  impact  from  adoption  of  ASC  860.

On  July  1,  2009,  the  FASB  officially launched the FASB ASC 105, "Generally
Accepted Accounting Principles", which established the FASB Accounting Standards
Codification  ("the  Codification"),  as  the  single  official  source  of
authoritative,  nongovernmental,  US GAAP, in addition to guidance issued by the
Securities and Exchange Commission.  The Codification is designed to simplify US
GAAP  into a single, topically ordered structure.  All guidance contained in the
Codification carries an equal level of authority.  The Codification is effective
for  interim  and  annual periods ending after September 15, 2009.  Accordingly,
the  Company refers to the Codification in respect of the appropriate accounting
standards throughout this document as "ASC".  Implementation of the Codification
did  not  have  any  impact  on  the  Company's  financial  statements.

In August 2009, the FASB issued Accounting Standards Update ("ASU") No. 2009-05,
"Fair  Value  Measurements and Disclosures (Topic 820 - Measuring Liabilities at
Fair  Value)".  This  ASU  clarifies  the  fair  market  value  measurement  of
liabilities.  In  circumstances where a quoted price in an active market for the
identical  liability is not available, a reporting entity is required to measure
fair  value using one or more of the following techniques: a technique that uses
quoted  price of the identical or a similar liability or liabilities when traded
as  an  asset  or assets, or another valuation technique that is consistent with
the  principles  of  Topic  820  such  as an income or market approach.  ASU No.
2009-05  was  effective  upon  issuance and it did not result in any significant
financial  impact  on  the  Company  upon  adoption.

In September 2009, the FASB issued ASU No. 2009-12, "Fair Value Measurements and
Disclosures  (Topic  820)  -  Investments in Certain Entities That Calculate Net
Asset Value Per Share (or its equivalent)".  This ASU permits use of a practical
expedient,  with  appropriate  disclosures,  when measuring the fair value of an
alternative  investment  that  does  not have a readily determinable fair value.
ASU  No.  2009-12  is  effective  for  interim  and  annual periods ending after
December 15, 2009, with early application permitted.  Since the Company does not
currently  have  any  such investments, it does not anticipate any impact on its
financial  statements  upon  adoption.

In January 2010, the FASB issued an update to the Fair Value topic.  This update
requires new disclosures for (1) transfers in and out of levels 1 and 2, and (2)
activity  in  level  3,  by  requiring  the  reconciliation  to present separate
information  about  purchases,  sales,  issuance,  and  settlements.  Also, this
update  clarifies  the  disclosures  related  to the fair value of each class of
assets and liabilities and the input and valuation techniques for both recurring
and  nonrecurring fair value measurements in levels 2 and 3.  the effective date
for  the  disclosures and clarifications is for the interim and annual reporting
periods  beginning  after  December  15,  2009  except for the disclosures about
purchases, sales, issuances and settlements, which is effective for fiscal years
beginning  after  December  15,  2010.  This  update  is  not expected to have a
material  impact  on  the  Company's  financial  statements.

                                       23
<PAGE>
NOTE  2  -  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

New  Accounting  Pronouncements  (continued)

In  January  2010,  the  FASB issued Accounting Standards Update 2010-01, Equity
(Topic  505):  Accounting  for  Distributions to Shareholders with Components of
Stock  and  Cash  (A  Consensus  of  the  FASB Emerging Issues Task Force). This
amendment  to  Topic  505  clarifies  the  stock  portion  of  a distribution to
shareholders  that allows them to elect to receive cash or stock with a limit on
the amount of cash that will be distributed is not a stock dividend for purposes
of  applying Topics 505 and 260. Effective for interim and annual periods ending
on  or  after  December 15, 2009, and would be applied on a retrospective basis.
The  Company  does  not  expect the provisions of ASU 2010-01 to have a material
effect  on  the  financial  position, results of operations or cash flows of the
Company.

In  January  2010,  the  FASB  issued  Accounting  Standards  Update  2010-02,
Consolidation  (Topic  810): Accounting and Reporting for Decreases in Ownership
of a Subsidiary. This amendment to Topic 810 clarifies, but does not change, the
scope  of  current US GAAP. It clarifies the decrease in ownership provisions of
Subtopic  810-10  and  removes  the  potential conflict between guidance in that
Subtopic  and asset derecognition and gain or loss recognition guidance that may
exist  in  other  US  GAAP.  An  entity  will  be required to follow the amended
guidance  beginning  in the period that it first adopts FAS 160 (now included in
Subtopic  810-10).  For  those  entities  that have already adopted FAS 160, the
amendments  are  effective  at  the  beginning  of  the  first interim or annual
reporting  period ending on or after December 15, 2009. The amendments should be
applied  retrospectively to the first period that an entity adopted FAS 160. The
Company  does not expect the provisions of ASU 2010-02 to have a material effect
on  the  financial position, results of operations or cash flows of the Company.

In  February  2010,  the  FASB  issued  ASC  No. 2010-09, "Amendments to Certain
Recognition  and  Disclosure Requirements", which eliminates the requirement for
SEC filers to disclose the date through which an entity has evaluated subsequent
events.  ASC  No. 2010-09 is effective for its fiscal quarter beginning after 15
December  2010.  The  adoption  of  ASC  No.  2010-09  is not expected to have a
material impact on the Company's financial statements ASU No. 2010-13 was issued
in  April  2010,  and  clarified  the  classification of an employee share based
payment  award with an exercise price denominated in the currency of a market in
which  the underlying security trades.  This ASU will be effective for the first
fiscal quarter beginning after December 15, 2010, with early adoption permitted.
The adoption of ASU No. 2010-13 is not expected to have a material impact on the
Company's  financial  statements.

Other  accounting  standards  that  have  been issued or proposed by the FASB or
other  standards-setting bodies that do not require adoption until a future date
are not expected to have a material impact on the Company's financial statements
upon  adoption.

NOTE  3  -  MINERAL  PROPERTY  INTEREST

On  October  31, 2005 the Company acquired a 100% interest in two non-contiguous
mineral  claims  located  along  southeastern coastal Labrador, approximately 13
kilometers  northeast  of the community of Charlottetown, Labrador, Canada.  The
claims  were  acquired  from  Mr. Thomas Mills for a consideration of $4,250 CAD
which  covered  an  exploration  program  security deposit and staking and other
related  costs  of  $401  (CAD$450)  and  $3,199 (CAD$3,800), respectively.  The
Company  expensed  the  staking  and other related costs of $3,199 in connection
with  the  acquisition  of  the  mineral  claims.

One of the licenses comprising eight claims, was inadvertently allowed to expire
and  was  cancelled on January 24, 2007.  The Company reacquired a 100% interest
in  the  same  eight claims under a new mineral license by a Transfer of Mineral
Disposition  dated  July  16,  2007,  from  Mr. Thomas Mills, for $505 CAD.  The
Company  expensed  the  entire  cost  of  reacquiring  the  mineral  claims.

Up to August 31, 2009, the Company has paid $8,069 towards a security deposit on
its  exploration  program.  The  Company was required to incur total exploration
expenditures  of  CAD$13,500  for the above noted mineral claims before July 13,
2009.  The Company failed to do so, or to pay any further deposit on exploration
activities  with  the  mining  division  of  Labrador  Canada.  As a result, the
Company  has  forfeited  its  mineral  claims and wrote off the prepaid security
deposit  in  the  amount  of  $8,069  in  2009.

On  September  20,  2010, the Company reacquired a 100% interest in the same two
non-contiguous  mineral  claims  that it originally acquired on October 31, 2005
and  subsequently  forfeited.  These  two  non-contiguous mineral claims located
along  southeastern  coastal  Labrador, approximately 13 kilometers northeast of
the community of Charlottetown, Labrador, Canada.  The claims were acquired from
Mr.  Thomas  Mills  for  a  cash  consideration  of $10,000.  Mr. Mills became a
controlling  shareholder  of  the  Company  on  September  22,  2010.

NOTE  4  -  PROMISSORY  NOTE

On August 31, 2010, the Company received advances of $50,000 from a third party,
to  whom  the  Company issued a promissory note for the same amount on September
21,  2011.  The  promissory  note  is  due and payable on September 21, 2011 and
accrues  interest  from  September  21,  2010  at  the  rate  of  20% per annum,
calculated  semi-annually,  payable on the due date.  The Company may redeem the
promissory  note  in  whole or in part at any time prior to the due date.  As of
August  31, 2010, the Company has made no repayment in respect of the promissory
note.

NOTE  5  -  RELATED  PARTY  TRANSACTIONS

See  Note  3  and  Note  9.

Included  in  the prepaid expenses as of August 31, 2010, $10,100 was prepaid to
Moneris  Corporate  Services  Ltd.  ("Moneris"), a consulting firm controlled by
mother  of  the major shareholders (after the private placement on September 22,
2010).

Included  in the accounts payable and accrued liabilities as of August 31, 2010,
$1,229  (September  30,  2009 - $1,229) was due to Moneris and $1,852 (September
30,  2009  -  $280)  was due to the major shareholder for the advanced operating
expenses.

                                       24
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NOTE  6  -  PREFERRED  AND  COMMON  STOCK

The  Company  has  100,000,000  shares  of  preferred  stock authorized and none
issued.

The  Company  has  900,000,000  shares  of  common  stock  authorized,  of which
2,487,000  shares  are  issued  and outstanding.  All shares of common stock are
non-assessable  and  non-cumulative,  with  no  preemptive  rights.

NOTE  7  -  INCOME  TAXES

At August 31, 2010, the Company had deferred tax assets of approximately $32,200
principally  arising  from  net  operating  loss  carryforwards  for  income tax
purposes.  As  our  management  cannot determine that it is more likely than not
that  we  will  realize  the  benefit  of  the  deferred  tax asset, a valuation
allowance  equal  to  the  deferred tax asset has been established at August 31,
2010.  A  reconciliation  of  income  taxes at statutory rates with the reported
taxes  is  as  follows:

-------------------------------------------------------------------------------
                                               August 31, 2010  August 31, 2009
-------------------------------------------------------------------------------
Net loss before income taxes                   $        27,180  $        28,905

Income tax recovery at statutory rates of 35%            9,513           10,117
Unrecognized benefits of non-capital losses             (9,513)         (10,117)
Total income tax recovery                      $             -  $             -
-------------------------------------------------------------------------------

The significant components of the deferred tax asset at August 31, 2010 and 2009
were  as  follows:
-------------------------------------------------------------------------------
                                            August 31, 2010     August 31, 2009
-------------------------------------------------------------------------------
Net operating loss carryforwards            $       32,200      $        22,700
Valuation allowance                                (32,200)             (22,700)
Net deferred tax asset                      $            -      $             -
-------------------------------------------------------------------------------

At  August  31,  2010,  we had net operating loss carryforwards of approximately
$92,000,  which  expire  in  the  year  2026  through  2030.

NOTE  8  -  SEGMENT  INFORMATION

The  Company  currently  conducts  all  of  its  operations  in  Canada.

NOTE  9  -  SUBSEQUENT  EVENTS

See Note 3.

On September 22, 2010, the Company completed a private placement of 10,000,000
shares of the Company's common stock to Thomas Mills at a price of $0.005 per
share for gross proceeds of $50,000.

                                       25
<PAGE>
ITEM  9.     CHANGES  IN  AND  DISAGREEMENTS  WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL  DISCLOSURE

There have been no changes in or disagreements with our independent accountants
since our inception.

ITEM 9A.     CONTROLS AND PROCEDURES

EVALUATION  OF  DISCLOSURE  CONTROLS  AND  PROCEDURES

As  of  August 31, 2010, we carried out an evaluation, under the supervision and
with  the participation of our management, including our Chief Executive Officer
and  Chief  Financial  Officer  (who  are  one  and  the  same  person),  of the
effectiveness  of  the  design  and  operation  of  our  disclosure controls and
procedures  pursuant  to  Exchange  Act  Rules 13a-15(e) and 15d-15(e) under the
Securities  Exchange  Act  of  1934,  as  amended.  Based solely on the material
weaknesses  described  below,  our  Chief  Executive Officer and Chief Financial
Officer concluded that, as of August 31, 2010, the Company's disclosure controls
and  procedures  were  not  effective:

1.     The Company presently has only one officer and no employees.  Inasmuch as
there  is  no  segregation  of duties within the Company, there is no management
oversight,  no  one to review control documentation and no control documentation
is  being  produced.

CHANGES  IN  DISCLOSURE  CONTROLS  AND  PROCEDURES

Except  as  described  below,  there  were no changes in disclosure controls and
procedures  that  occurred  during  the  period covered by this report that have
materially  affected,  or  are  reasonably  likely  to  materially  effect,  our
disclosure  controls  and  procedures.

We  will  implement  the  following  measures to address the identified material
weaknesses  in  our  disclosure  controls  and  procedures:

1.     We will appoint accounting personnel who are able to implement applicable
accounting  requirements,  policies  and  procedures applicable to our reporting
obligations.

We  will  not be implementing any further changes to our disclosure controls and
procedures  until  there  is  a  significant change in our operations or capital
resources.

LIMITATIONS  ON  THE  EFFECTIVENESS  OF  CONTROLS

Our  management,  including  our  CEO and CFO (who are one and the same person),
does  not expect that our disclosure controls and internal controls will prevent
all  errors  and  all  fraud. A control system, no matter how well conceived and
operated,  can  provide  only  reasonable,  not  absolute,  assurance  that  the
objectives  of  the  control  system  are  met. Further, the design of a control
system  must  reflect  the  fact  that  there  are resource constraints, and the
benefits  of controls must be considered relative to their costs. Because of the
inherent  limitations  in  all  control  systems,  no evaluation of controls can
provide  absolute  assurance  that all control issues and instances of fraud, if
any,  within  the Company have been detected. These inherent limitations include
the  realities  that  judgments  in  decision-making  can  be  faulty,  and that
breakdowns  can  occur  because  of  a  simple  error  or mistake. Additionally,
controls  can  be  circumvented  by  the  individual  acts  of  some persons, by
collusion  of  two  or  more  people,  or by management or board override of the
control.

The  design  of  any  system  of  controls  also  is  based in part upon certain
assumptions about the likelihood of future events, and there can be no assurance
that  any  design will succeed in achieving its stated goals under all potential
future  conditions; over time, controls may become inadequate because of changes
in  conditions,  or the degree of compliance with the policies or procedures may
deteriorate.  Because  of  the  inherent limitations in a cost-effective control
system,  misstatements  due  to  error  or  fraud may occur and not be detected.

CEO  AND  CFO  CERTIFICATIONS

Appearing  immediately following the Signatures section of this report there are
Certifications  of  our  CEO  and  CFO  (who  are one and the same person).  The
Certifications are required in accordance with Section 302 of the Sarbanes-Oxley
Act  of  2002  (the Section 302 Certifications). This Item of this report is the
information  concerning  the  Evaluation  referred  to  in  the  Section  302
Certifications  and  this  information  should  be  read in conjunction with the
Section  302  Certifications  for  a  more  complete understanding of the topics
presented.

MANAGEMENT'S  REPORT  ON  INTERNAL  CONTROL  OVER  FINANCIAL  REPORTING

Our management is responsible for establishing and maintaining adequate internal
control  over  financial reporting, as such term is defined in Exchange Act Rule
13a-15(f).  Our  internal control over financial reporting is a process designed
to  provide  reasonable  assurance  to  our  management  and  board of directors
regarding  the  reliability  of  financial  reporting and the preparation of the
financial  statements  for  external  purposes  in  accordance  with  accounting
principles  generally  accepted  in  the  United  States  of  America.

                                       26
<PAGE>
Our  internal  control  over  financial  reporting  includes  those policies and
procedures  that  (i)  pertain to the maintenance of records that, in reasonable
detail,  accurately  and fairly reflect the transactions and dispositions of the
assets  of  the Company; (ii) provide reasonable assurance that transactions are
recorded  as  necessary  to  permit  preparation  of  financial  statements  in
accordance with accounting principles generally accepted in the United States of
America,  and  that receipts and expenditures of the Company are being made only
in  accordance  with  authorizations of management and directors of the Company;
and  (iii) provide reasonable assurance regarding prevention or timely detection
of  unauthorized  acquisition,  use, or disposition of the Company's assets that
could  have  a  material  effect  on  the  financial  statements.

Because  of its inherent limitations, internal controls over financial reporting
may not prevent or detect misstatements. All internal control systems, no matter
how well designed, have inherent limitations, including the possibility of human
error  and the circumvention of overriding controls. Accordingly, even effective
internal  control over financial reporting can provide only reasonable assurance
with  respect  to  financial  statement  preparation.  Also,  projections of any
evaluation  of  effectiveness  to  future  periods  are subject to the risk that
controls  may  become  inadequate  because of changes in conditions, or that the
degree  of  compliance  with  the  policies  or  procedures  may  deteriorate.

Our management assessed the effectiveness of our internal control over financial
reporting  as  of  August  31,  2010.  In  making  this  assessment, it used the
criteria  set forth by the Committee of Sponsoring Organizations of the Treadway
Commission  (COSO) in Internal Control-Integrated Framework. Based solely on the
material  weaknesses  described  below, our management has concluded that, as of
August 31, 2010, the Company's internal control over financial reporting was not
effective.  Management  has  identified  the  following  deficiencies that, when
aggregated,  may  possibly  be  viewed  as  a  material weakness in our internal
control  over  financial  reporting  as  of  August  31,  2010:

1.     We  do not have an Audit Committee - While not being legally obligated to
have  an  audit  committee,  it  is our management's view that such a committee,
including a financial expert member, is an utmost important entity level control
over  our  financial  statements.  To  date  we  have  not  established an audit
committee.

2.     Insufficient  documentation of financial statement preparation and review
procedures  -  We  employ  policies  and  procedures  in  reconciliation  of the
financial  statements and the financial information based on which the financial
statements  are  prepared.  Notwithstanding, the controls and policies we employ
are  not  sufficiently  documented.

3.     We  did  not maintain proper segregation of duties for the preparation of
our financial statements - As of August 31, 2010 the majority of the preparation
of  financial  statements  was  carried  out  by  one  person.  Additionally, we
currently  only  have one officer/director having oversight on all transactions.
This  has  resulted  in  several  deficiencies  including:

     a.   Significant, non-standard journal entries were prepared and approved
          by the same person, without being checked or approved by any other
          personnel.

     b.   Lack of control over preparation of financial statements, and proper
          application of accounting policies.

4.     We lack sufficient information technology controls and procedures - As of
August 31, 2010, we lacked a proper data back up procedure, and while backup did
take  place in actuality, we believe that it was not regulated by methodical and
consistent  activities  and  monitoring.

CHANGES  IN  INTERNAL  CONTROL  OVER  FINANCIAL  REPORTING

We  have  also  established  and  evaluated  our internal control over financial
reporting,  and  there have been no significant changes in our internal controls
or in other factors that could significantly affect those controls subsequent to
the  date of their last evaluation.  Nor have there have been any changes in our
internal control over financial reporting during the last fiscal quarter.  We do
not  intend  to  implement  any  changes  to our internal control over financial
reporting  until  there  is  a significant change in our level of operations and
capital  resources.

This  annual  report  does  not  include an attestation report of our registered
public  accounting  firm regarding internal control over financial reporting. We
are  not  required  to  provide  an  attestation report by our registered public
accounting firm pursuant to the rules of the Securities and Exchange Commission.

                                       27
<PAGE>
                                    PART III

ITEM 10.     DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

DIRECTORS  AND  OFFICERS

The following sets forth our directors, executive officers, promoters and
control persons, their ages, and all offices and positions held.  Directors are
elected for a period of one year and thereafter serve until their successor is
duly elected by the shareholders.  Officers and other employees serve at the
will of the Board of Directors.

--------------------------------------------------------------------------------
                                                                PERIOD SERVED AS
NAME             POSITION                                  AGE  DIRECTOR/OFFICER
--------------------------------------------------------------------------------
Alfonso Quijada  Chief Executive Officer,                   39   2007 to present
                 President, Chief Financial Officer
                 and a director
================================================================================

Alfonso Quijada has served as a director of Castmor Resources Ltd. since 2006.
In 2010, he was appointed to the additional offices of President and Treasurer.
Mr. Quijada has raised millions of dollars for private and public companies,
including $1.8 million for Rhino Films and $2.5 million for an oil refinery in
Bulgaria.  From 1994 through to 1998 he was the founder and president of New
World Artist Productions Inc., an international production company, focused
primarily on live-productions and music development in Japan.  He was the VP of
Investor Relations for Tri-Gate Entertainment Inc. from 2000 to 2003.  From 2002
to 2003, Mr. Quijada also headed up investor relations for TNR Gold Corp. From
2007 to 2009, he was the President, Chief Executive Officer and a director of
Pickford Minerals, Inc. Ltd, an exploration company having mineral interests in
Labrador, Canada.  Since 2003, Mr. Quijada has served as a self-employed
independent consultant, assisting privately held companies with the development
and implementation of corporate development growth plans and marketing
initiatives, advising on corporate finance strategies and making recommendations
on public relations activities. Mr. Quijada was a controlling shareholder of
Castmor Resources Ltd. at the time of his appointment as a director and officer
of the company. His experience in corporate development and finance is expected
to benefit Castmor in its future capital raising activities.

The mailing address for all our officers and directors is 427 Princess Street,
Suite 406, Kingston, ON  K7L 5S9.

INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS

During the past ten years none of our directors, executive officers, promoters
or control persons have:

(1)     had any bankruptcy petition filed by or against any business of which
such person was a general partner or executive officer either at the time of the
bankruptcy or within two years prior to that time;

(2)     been convicted in a criminal proceeding or subject to a pending criminal
proceeding;

(3)     been subject to any order, judgment, or decree, not subsequently
reversed, suspended or vacated, of any court of competent jurisdiction,
permanently or temporarily enjoining, barring, suspending or otherwise limiting
his involvement in any type of business, securities or banking activities; or

(4)     been found by a court of competent jurisdiction in a civil action, the
Commission or the Commodity Futures Trading Commission to have violated a
federal or state securities or commodities law, and the judgment has not been
reversed, suspended, or vacated.

COMMITTEES OF THE BOARD

All proceedings of the board of directors for the fiscal year ended August 31,
2010 were conducted by resolutions consented to in writing by our board of
directors and filed with the minutes of the proceedings of our board of
directors.  Castmor does not have nominating, compensation or audit committees
or committees performing similar functions nor does our company have a written
nominating, compensation or audit committee charter. Our board of directors does
not believe that it is necessary to have such committees because it believes
that the functions of such committees can be adequately performed by the board
of directors.

                                       28
<PAGE>
Castmor does not have any defined policy or procedure requirements for
stockholders to submit recommendations or nominations for directors. The board
of directors believes that, given the stage of our development, a specific
nominating policy would be premature and of little assistance until our business
operations develop to a more advanced level. Our company does not currently have
any specific or minimum criteria for the election of nominees to the board of
directors and we do not have any specific process or procedure for evaluating
such nominees. The board of directors will assess all candidates, whether
submitted by management or stockholders, and make recommendations for election
or appointment.

A shareholder who wishes to communicate with our board of directors may do so by
directing a written request addressed to our President, Alfonso Quijada, at the
address appearing on the first page of this registration statement.

AUDIT COMMITTEE FINANCIAL EXPERT

We do not have a standing audit committee.  Our directors perform the functions
usually designated to an audit committee.  Our board of directors has determined
that we do not have a board member that qualifies as an "audit committee
financial expert" as defined in Item 407(d)(5) of Regulation S-K, nor do we have
a board member that qualifies as "independent" as the term is used in Item
7(d)(3)(iv)(B) of Schedule 14A under the Securities Exchange Act of 1934, as
amended, and as defined by Rule 4200(a)(14) of the NASD Rules.

We believe that our board of directors is capable of analyzing and evaluating
our financial statements and understanding internal controls and procedures for
financial reporting. Our board of directors does not believe that it is
necessary to have an audit committee because management believes that the
functions of an audit committee can be adequately performed by the board of
directors. In addition, we believe that retaining an independent director who
would qualify as an "audit committee financial expert" would be overly costly
and burdensome and is not warranted in our circumstances given the stage of our
development and the fact that we have not generated any positive cash flows from
operations to date.

As we generate revenue in the future, we intend to form a standing audit
committee and identify and appoint a financial expert to serve on our audit
committee.

INDEMNIFICATION

Under our Articles of Incorporation and bylaws of the corporation, we may
indemnify an officer or director who is made a party to any proceeding,
including a law suit, because of his position, if he acted in good faith and in
a manner he reasonably believed to be in our best interest. We may advance
expenses incurred in defending a proceeding. To the extent that the officer or
director is successful on the merits in a proceeding as to which he is to be
indemnified, we must indemnify him against all expenses incurred, including
attorney's fees. With respect to a derivative action, indemnity may be made only
for expenses actually and reasonably incurred in defending the proceeding, and
if the officer or director is judged liable, only by a court order. The
indemnification is intended to be to the fullest extent permitted by the laws of
the State of Nevada.

Regarding indemnification for liabilities arising under the Securities Act,
which may be permitted to directors or officers under Nevada law, we are
informed that, in the opinion of the SEC, indemnification is against public
policy, as expressed in the Securities Act and is, therefore, unenforceable.

SECTION  16(A)  BENEFICIAL  OWNERSHIP  REPORTING  COMPLIANCE

Section  16(a)  of the Securities Exchange Act of 1934, as amended, requires our
officers  and directors, and persons who own more than 10% of a registered class
of  our  equity  securities, to file initial reports of ownership and reports of
changes  in ownership with the SEC.  Such persons are required by SEC regulation
to  furnish  us  with  copies  of  all  Section  16(a)  forms  they  file.

Based  solely  on  our  review  of  the copies of such forms received by us with
respect  to  the  fiscal  year ended August 31, 2010, or written representations
from  certain  reporting  persons,  we  believe that our officers, directors and
beneficial  owners  of  more  than  10%  of  a  registered  class  of our equity
securities  have  complied  with  all  applicable  filing  requirements.

ITEM  11.     EXECUTIVE  COMPENSATION

To  date  we  have  no  employees  other  than  our  officers and directors.  No
compensation  has  ever  been  awarded, earned or paid to any of our officers or
directors.  We  have  no employment agreements with our sole officer.  We do not
contemplate  entering  into any employment agreements until such time as we have
positive  cash  flows  from  operations.

There  is  no  arrangement pursuant to which any of our directors has been or is
compensated  for  services  provided  as  one  of  our  directors.

There  are  no  stock option plans, retirement, pension, or profit sharing plans
for  the  benefit  of  our  officers or directors.  We do not have any long-term
incentive  plans  that  provide  compensation intended to serve as incentive for
performance.

                                       29
<PAGE>
ITEM  12.     SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
RELATED  STOCKHOLDERS  MATTERS

The following table sets forth, as of November 10, 2010, information concerning
ownership of the Company's securities by (i) each Director, (ii) each executive
officer, (iii) all directors and executive officers as a group; and (iv) each
person known to the Company to be the beneficial owner of more than five percent
of each class:

The number and percentage of shares beneficially owned includes any shares as to
which the named person has sole or shared voting power or investment power and
any shares that the named person has the right to acquire within 60 days.

----------------------------------------------------------------------------
                                                        Beneficial Ownership
                                                         Common  Percentage
Name of Beneficial Owner                                 Shares    of class
----------------------------------------------------------------------------
Alfonso Quijada                                       1,800,000         14%
----------------------------------------------------------------------------
All directors and executive officers, as a group      1,800,000         14%
----------------------------------------------------------------------------
Thomas Mills                                         10,080,000         81%
----------------------------------------------------------------------------
All beneficial owners of more than 5% of
the Company's common stock, as a group               11,880,000         95%
============================================================================

The mailing address for all directors, executives officers and beneficial owners
of more than 5% of our common stock is 427 Princess Street, Suite 406, Kingston,
ON  K7L 5S9.

Unless otherwise noted, we believe that all persons named in the table have sole
voting and investment power with respect to all shares of common stock
beneficially owned by them. For purposes hereof, a person is considered to be
the beneficial owner of securities that can be acquired by such person within 60
days from the date hereof, upon the exercise of warrants or options or the
conversion of convertible securities. Each beneficial owner's percentage
ownership is determined by assuming that any such warrants, options or
convertible securities that are held by such person (but not those held by any
other person) and which can be exercised within 60 days from the date hereof,
have been exercised.

ITEM 13.     CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
INDEPENDENCE

On August 30, 2010, we received a deposit of $50,000 from Thomas Mills with
respect to a private placement of 10,000,000 shares of our common stock to Mr.
Mills at a price of $0.005 per share (the "Private Placement").  The closing of
the Private Placement took place on September 22, 2010 with the execution of a
subscription agreement by Mr. Mills.

No  other  material  related party transactions between Thrust and its officers,
directors  or  control  persons occurred during the fiscal year ended August 31,
2010.

ITEM  14.     PRINCIPAL  ACCOUNTING  FEES  AND  SERVICES

AUDIT  FEES

The  aggregate  fees  billed by Chang Lee LLP for professional services rendered
for  the audit of our annual financial statements included in this Annual Report
on  Form  10-K  for  the  fiscal  year  ended  August  31,  2009  were  $5,041.

The  aggregate  fees  billed by Chang Lee LLP for professional services rendered
for  the audit of our annual financial statements included in this Annual Report
on  Form  10-K  for  the fiscal year ended August 31, 2010 will be approximately
$5,500.

AUDIT  RELATED  FEES

For  the  fiscal years ended August 31, 2010 and 2009, the aggregate fees billed
for  assurance  and  related services by Chang Lee LLP relating to our quarterly
financial  statements  which  are  not  reported  under the caption "Audit Fees"
above,  were  $4,817  and  $2,462,  respectively.

TAX  FEES

For  the  fiscal years ended August 31, 2010 and 2009, the aggregate fees billed
for  tax  compliance,  by  Chang  Lee  LLP  were  nil.

                                       30
<PAGE>
ALL  OTHER  FEES

For  the  fiscal years ended August 31, 2010 and 2009, the aggregate fees billed
by  Chang  Lee  LLP  for other non-audit professional services, other than those
services  listed  above,  totaled  nil.

Effective May 6, 2003, the Securities and Exchange Commission adopted rules that
require  that  before Chang & Lee is engaged by us or our subsidiaries to render
any  auditing  or  permitted  non-audit  related  service,  the  engagement  be:

*    approved by our audit committee; or

*    entered into pursuant to pre-approval policies and procedures established
     by the audit committee, provided the policies and procedures are detailed
     as to the particular service, the audit committee is informed of each
     service, and such policies and procedures do not include delegation of the
     audit committee's responsibilities to management.

We  do  not have an audit committee.  Our entire board of directors pre-approves
all  services provided by our independent auditors. The pre-approval process has
just  been  implemented  in  response  to the new rules. Therefore, our board of
directors  does  not  have  records  of  what  percentage of the above fees were
pre-approved.  However,  all  of  the  above services and fees were reviewed and
approved  by the entire board of directors either before or after the respective
services  were  rendered.

                                    PART IV

ITEM 13.     EXHIBITS

--------------------------------------------------------------------------------
EXHIBIT  TITLE
--------------------------------------------------------------------------------
    3.1  Amended and Restated Articles of Incorporation, Castmor Resources Ltd.
    3.2  Amended and Restated Bylaws, Castmor Resources Ltd.
   14.1  Code of Ethics for Senior Financial Officers, Castmor Resources Ltd.
   31.1  Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
   32.1  Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
   99.1  Map showing the location of the White Bear Arm Property
--------------------------------------------------------------------------------

                                   SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the Registrant has
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                   CASTMOR  RESOURCES  LTD.



March 24, 2011                 By: /s/ Alfonso Quijada
                                   Alfonso  Quijada
                                   President,  Chief  Executive  Officer
                                   Chief  Financial  Officer,
                                   Principal  Accounting  Officer
                                   and  a  director


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

SIGNATURE            TITLE                                     DATE


/s/ Alfonso Quijada  Chief Executive Officer, President,       March 24, 2011
Alfonso Quijada      ChiefFinancial Officer,
                     Principal Accounting Officer
                     & a director