UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C 20549  FORM
10-Q  (Mark One)  [X] QUARTERLY
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly
period ended June 30, 2009  [
 ] TRANSITION
REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition
period from ____ to ____  Commission File No.
333-144226  URANIUM PLUS RESOURCE CORPORATION (Exact
name of registrant as specified in its charter)  Nevada 26-0148468 (State
or other jurisdiction (IRS
Employer of
incorporation or organization) Identification
No.)  Suite  112 A  17624 15th Avenue, Mill Creek,
Washington, 98012 (Address of principal executive offices)  (206) 963-4519 (Registrants telephone number)  (Former name, former address and former fiscal
year, if changed since last report)  Indicate by check
mark whether the registrant (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.  Yes
 [x]  No  [  ]  Indicate by check
mark whether the registrant has submitted electronically and posted on its
corporate Web site, if any, every Interactive Data File required to be submitted
and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months
(or for such shorter period that the registrant was required to submit and post
such files).  Yes  [  ]  No  [X] Not Required  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 Exchange Act.  Large
accelerated filer [
 ] Accelerated
filer [
 ] Non-accelerated
filer [
 ] Smaller
reporting company [
X ]   1   Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).  Yes [x]  No [  ]  State the number of
shares outstanding of each of the issuers classes of common equity, as of the
latest practicable date:  As of August 17,
2009, there were 12,988,000 shares of the Companys common stock issued and
outstanding.  2   PART I  FINANCIAL INFORMATION  Item 1.
 Financial Statements.           Uranium Plus Resource Corporation  (An Exploration Stage Company)  Financial Statements  3    Uranium Plus Resource Corporation  (An Exploration Stage Company)  Index to Financial Statements  For the period from January 23, 2007
(inception) to June 30, 2009   Page(s)  Balance Sheets as of June 30,
2009 (Unaudited) and December 31, 2008 3  (Unaudited) Statements of Operations for the three and
six-month periods ended June 30, 2009 and 2008 and
for the period from January 23, 2007 to June 30, 2009 4  (Unaudited) Statements of Cash Flows for the six-month
periods ended June 30, 2009 And 2008 and
for the period from January 23, 2007 (Inception) to June 30, 2009 5  Notes to the Financial
Statements (unaudited) 7-11  4    Uranium Plus Resource Corporation (An Exploration Stage Company) Balance Sheets    June 30,

December 31,2009

2008(Unaudited)ASSETSCurrent assets:Cash and cash equivalents
$ 71,870

$ 93,139Total assets
$ 71,870

$ 93,139LIABILITIES AND STOCKHOLDERS DEFICITCurrent liabilities:Accounts payable
$ 1,319

$ 8,124Convertible note payable
150,000

150,000Total current liabilities
151,319

158,124Total liabilities
151,319

158,124Stockholders DeficitCommon stock, par value $.001,
100,000,000 sharesauthorized.  12,988,000
shares issued and outstanding
12,988

12,988Additional paid in
capital
97,915

97,915Deficit accumulated during the
exploration stage
(190,352)

(176,268)Accumulated other comprehensive
income
-

380Total stockholders deficit
(79,449)

(64,985)Total liabilities and stockholders deficit
$
71,870

$
93,139   See accompanying notes to the unaudited financial
statements.      ;  5


Uranium Plus Resource Corporation (An Exploration Stage Company) Statements of Operations and
Comprehensive Loss (Unaudited)     For the periodFor the three

For the three

For the six-month

For the six-month

from January 23,month period ended

month period ended

period ended

period ended

2007 (Inception) toJune 30, 2009

June 30, 2008

June 30, 2009

June 30, 2008

June 30, 2009Revenues:
$ -

$ -

$ -

$ -

$ -Operating expenses:Exploration costs
-

20,533

-

20,533

45,533Selling, general and
administrative
3,909

22,516

14,084

32,156

144,303Depreciation expense
-

-

-

102

516Operating loss before other items and income
tax
(3,909)

(43,049)

(14,084)

(52,791)

(190,352)Income tax expense (benefit)
-

-

-

-

-Net loss available to common stockholders
$ (3,909)

$ (43,049)

(14,084)

(52,791)

(190,352)Other comprehensive income:Foreign currency translation
adjustment
-

-

(380)

(75)

-Comprehensive loss for the period
$ (3,909)

$ (43,049)

$ (14,464)

$ (52,866)

$ (190,352)Basic and diluted loss per common share
(.00)

(.00)

(.00)

(.00)Weighted average shares outstanding
12,988,000

12,988,000

12,988,000

12,988,000  See accompanying notes to the unaudited financial
statements.   4





Uranium Plus Resource Corporation (An Exploration Stage Company) Statement of Cash Flows
(Unaudited)     For the six-month

For the six-month

For the periodperiod ended

period ended

from January 23,to June 30, 2009

to June 30, 2008

2007 (Inception) toJune 30, 2009Cash flows from operating activities:Net loss
$ (14,084)

$ (52,791)

$ (190,352)Non-cash expenses
-

610

99,805Depreciation expense
-

102

516Gain (loss) on disposals
-

-

745Adjustments to reconcile net
loss tonet cash used by operating
activities:Prepaid expenses
-

1,224

-Accounts payable
(6,805)

2,014

1,319Accounts payable  related
party
-

9,000

-Net cash used by operating activities
(20,889)

(39,841)

(87,967)Cash flows from investing activities:Property, plant and
equipment
-

745

(1,243)Net cash provided (used) by investing
activities
-

745

(1,243)Cash flows from financing activities:Issuance of common stock for
cash
-

-

11,080Loan payable
-

150,000

150,000Net cash provided by financing activities
-

150,000

161,080Net increase (decrease) in cash and cash
equivalents
(20,889)

110,904

71,870Effect of exchange rate changes on cash
(380)

(64)

-Cash at beginning of period
$ 93,139

$ 1,579

$ -Cash at end of period
$ 71,870

$ 112,419

$ 71,870   See accompanying notes to the unaudited financial
statements.  5       Uranium Plus Resource Corporation (An Exploration Stage Company) Notes to the Financial Statements
(Unaudited)  1. BASIS OF FINANCIAL STATEMENT
PRESENTATION  The accompanying unaudited condensed
financial statements have been prepared by the Company pursuant to the rules and
regulations of the Securities and Exchange Commission.  Certain information
and footnote disclosures normally included in financial statements prepared in
accordance with U.S. generally accepted accounting principles have been
condensed or omitted in accordance with such rules and regulations.  The
information furnished in the interim condensed financial statements includes
normal recurring adjustments and reflects all adjustments, which, in the opinion
of management, are necessary for a fair presentation of such financial
statements.  Although management believes the disclosures and information
presented are adequate to make the information not misleading, it is suggested
that these interim condensed financial statements be read in conjunction with
the Company's audited financial statements and notes thereto included in its
Form 10-K filed on March 31, 2009.  Operating results for the six months
ended June 30, 2009 are not necessarily indicative of the results to be expected
for the fiscal year ended December 31, 2009.  2.  ORGANIZATION  Uranium Plus Resource Corporation
(the Company) was incorporated on January 23, 2007 in the State of Nevada,
U.S.A., as Big Bear Resources, Inc.  Its name was changed to Uranium Plus
Resource Corporation on March 21, 2008.  Its operations are primarily based
in Vancouver, British Columbia, Canada.  The accounting and reporting
policies of the Company conform to accounting principles generally accepted in
the United States of America, and the Companys fiscal year end is December
31.  The Company is an exploration stage
company that engages primarily in the acquisition, exploration and development
of resource properties.  The Company has acquired a 100 percent interest in
a mineral claim located in the Slocan Mining Division in the Province of British
Columbia, Canada.  The Company is currently conducting mineral exploration
activities on the mineral claim in order to assess whether it possesses
commercially exploitable reserves of silver, gold, lead or zinc.  To date,
the Companys activities have been limited to its formation, minimal operations
and the raising of equity capital.  3.  SIGNIFICANT ACCOUNTING POLICIES  USE OF ESTIMATES  The preparation of the Companys
financial statements in conformity with accounting principles generally accepted
in the United States 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 amount of revenues and expenses during the reporting period.
 Actual results could differ from those estimates.  The Companys
periodic filings with the Securities and Exchange Commission include, where
applicable, disclosures of estimates, assumptions, uncertainties and markets
that could affect the financial statements and future operations of the
Company.  FOREIGN CURRENCY
TRANSLATIONS  The Companys
functional and reporting currency is the US dollar.  All transactions
initiated in other currencies are translated into US dollars using the exchange
rate prevailing on the date of transaction.  Monetary assets and
liabilities denominated in foreign currencies are translated into the US dollar
at the rate of exchange in effect at the balance sheet date.  Unrealized
exchange gains and losses arising from such transactions are deferred until
realization and are included as a separate component of stockholdersequity
(deficit) as a component of other comprehensive income or loss. Upon
realization, the amount deferred is recognized in income in the period when it
is realized.   6      Uranium Plus Resource Corporation (An Exploration Stage Company) Notes to the Financial Statements
(Unaudited)  4.  RELATED
PARTY TRANSACTIONS  A
$3,000 per month salary to the President of the company had been accrued for a
total of $39,000 to March 31, 2008.  Effective May 4, 2008, the full
balance of the accrual was forgiven.  The related expense was charged to
selling, general and administrative expenses; $30,000 to December 31, 2008 and
$9,000 to March 31, 2008.  The forgiveness of debt has been recorded as an
increase in additional paid in capital as at June 30, 2009.  5.
 CONVERTIBLE NOTE PAYABLE  The Company borrowed $150,000 pursuant to an agreement
dated April 29, 2008.  The loan is payable on demand by the Lender and is
non-interest bearing.  The Lender has the option to convert the loan into
common shares of the company at a rate of 1 common share for each $1 borrowed
(150,000 common shares).  In
the event repayment is demanded and the Company defaults, interest at a rate of
8% per annum shall be charged from the date of demand.  All funds are in US dollars.  6.  SHARE
CAPITAL  Effective April 22, 2008, the Company
forward-split its issued capital stock on a ratio of 5.8 shares for each one old
share.  As a result of this transaction, 11,078,000 shares were issued. Shares
ValueDecember 31, 2008
1,910,000
$
1,910Issued as a result of forward-split
11,078,000
11,078June 30, 2009
12,988,000
$
12,988  Consideration for the issuance of additional shares has been
charged against additional paid in capital.  7.  GOING
CONCERN AND LIQUIDITY CONSIDERATIONS  The accompanying financial statements have been prepared assuming
that the Company will continue as a going concern, which contemplates, among
other things, the realization of assets and satisfaction of liabilities in the
normal course of business.  As of June 30, 2009, the Company has a negative
working capital balance of $79,449 and an accumulated deficit of $190,352.
 The Company intends to fund operations through equity financing
arrangements, which may be insufficient to fund its capital expenditures,
working capital and other cash requirements for the next twelve months.  The ability of the Company to emerge from the exploration stage is
dependent upon, among other things, obtaining additional financing to continue
operations, explore and develop the mineral properties and the discovery,
development and sale of mineral reserves.  In
response to these challenges, management intends to raise additional funds
through public or private placement offerings.  These factors, among others, raise substantial doubt about the
Companys ability to continue as a going concern.  The accompanying
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.   7


Uranium Plus Resource Corporation (An Exploration Stage Company) Notes to the Financial Statements
(Unaudited)   8.  RECENT
ACCOUNTING PRONOUNCEMENTS  In
April 2009, the FASB issued Staff Position (FSP) FAS 157-4,Determining
Fair Value When the Volume of Level of Activity for the Asset or Liability Had
Significantly Decreased and Identifying Transactions That Are Not Orderly(FSP FAS 157-4).  FSP FAS 157-4 provides additional guidance for
estimating fair value in accordance with SFAS No. 157 when the volume or level
of activity for the asset or liability has significantly decreased and requires
that companies provide interim and annual disclosures of the inputs and
valuation technique(s) used to measure fair value.  FSP FAS 157-4 is
effective for interim and annual reporting periods ending after June 15, 2009
and is to be applied prospectively.  The Company does not expect the
adoption of FSP FAS 157-4 to have a significant impact on its financial
statements.  In
April 2009, the FASB issued FSP FAS 115-2 and FAS 124-2, Recognition and
Presentation of Other-Than Temporary Impairments.  FSP FAS 115-2 and
FAS 124-2 amends the other-than-temporary impairment guidance to improve the
presentation and disclosure of other-than-temporary impairments on debt and
equity securities in the financial statements.  FSP FAS 115-2 and FAS 124-2
is effective for interim and annual reporting periods ending after June 15,
2009.  The Company does not expect the adoption of FSP FAS 115-2 and FAS
124-2 to have a significant impact on its financial statements.  In
April 2009, the FASB issued FSP FAS 107-1 and APB 28-1, Interim Disclosures
about Fair Value of Financial Instruments.  FSP FAS 107-1 and APB 28-1
requires disclosures about fair value of financial instruments for interim
reporting periods of publicly traded companies as well as in annual financial
statements.  FSP FAS 107-1 and APB 28-01 is effective for interim and
annual reporting periods ending after June 15, 2009.  The adoption of FSP
107-1 and APB 28-1 will have no impact on the Companys financial
statements.  In
May 2008, the FASB issued SFAS No. 162, The Hierarchy of Generally Accepted
Accounting Principles (SFAS 162), SFAS 162 identifies the sources of
accounting principles and the framework for selecting the principles to be used
in the preparation of financial statements that are presented in conformity with
generally accepted accounting principles in the United States.  This
Statement is effective 60 days following the SECs approval of the Public
Company Accounting Oversight Board amendments to AU Section 411, The Meaning
of Present Fairly in Conformity with Generally Accepted Accounting Principles.The Company does not expect the implementation of this statement to
have an impact on its results of operations or financial position.  In May 2008, the
FASB issued SFAS No. 163, ACCOUNTING FOR FINANCE GUARANTEE INSURANCE CONTRACTS 
AN INTERPRETATION OF FASB STATEMENT NO. 60.  The premium revenue
recognition approach for a financial guarantee insurance contract links premium
revenue recognition to the amount of insurance protection and the period in
which it is provided. For purposes of this statement, the amount of insurance
protection provided is assumed to be a function of the insured principal amount
outstanding, since the premium received requires the insurance enterprise to
stand ready to protect holders of an insured financial obligation from loss due
to default over the period of the insured financial obligation.  This
Statement is effective for financial statements issued for fiscal years
beginning after December 15, 2008.   On May 28, 2009
the FASB announced  the issuance of SFAS 165, Subsequent Events. SFAS 165
should not result in significant changes in the subsequent events that an entity
reports. Rather, SFAS 165 introduces the concept of financial statements being
available to be issued. Financial statements are considered available to be
issued when they are complete in a form and format that complies with generally
accepted accounting principles (GAAP) and all approvals necessary for issuance
have been obtained.  On June 12, 2009
the FASB issued two statements  that amended the guidance for
off-balance-sheet accounting of financial instruments: SFAS No. 166,
 Accounting for Transfers of Financial Assets, and SFAS No. 167, Amendments
to FASB Interpretation No. 46(R).    3





Uranium Plus Resource Corporation (An Exploration Stage Company) Notes to the Financial Statements
(Unaudited)  SFAS No. 166
revises SFAS No. 140, Accounting for Transfers and Servicing of Financial Assets
and Extinguishments of Liabilities, and will require entities to provide more
information about sales of securitized financial assets and similar
transactions, particularly if the seller retains some risk to the assets, the
FASB said. The statement eliminates the concept of a qualifying special-purpose
entity, changes the requirements for the de-recognition of financial assets, and
calls upon sellers of the assets to make additional disclosures about them.  SFAS No. 167
amends FASB Interpretation (FIN) No. 46(R), Consolidation of Variable Interest
Entities, by altering how a company determines when an entity that is
insufficiently capitalized or not controlled through voting should be
consolidated, the FASB said. A company has to determine whether it should
provide consolidated reporting of an entity based upon the entity's purpose and
design and the parent company's ability to direct the entity's actions.  The standards
will be effective at the start of the first fiscal year beginning after November
15, 2009, which will mean January 2010 for companies that are on calendar years.
The guidance will have to be applied for first-quarter filings.  The FASB issued
SFAS No. 168, The FASB Accounting Standards Codification and the Hierarchy of
Generally Accepted Accounting Principles, on June 29, 2009  and, in doing
so, authorized the Codification as the sole source for authoritative U.S. GAAP.
  SFAS No. 168  will be effective for financial statements issued
for reporting periods that end after September 15, 2009.  Once it's
effective, it will supersede all accounting standards in U.S. GAAP, aside from
those issued by the SEC.  SFAS No. 168 replaces SFAS No. 162 to establish a
new hierarchy of GAAP sources for non-governmental entities under the FASB
Accounting Standards Codification.  4





Item 2.
 Managements Discussion and Analysis of Financial Condition and Results of
Operations  Uranium
Plus Resource Corporation (UPLS or the Company), is a Nevada Corporation
trading on the OTC-BB (symbol UPLS).  On March 21, 2008, the Company
changed its name from Big Bear Resources Inc. to Uranium Plus Resource
Corporation.  Prior
to March 2008, the Companyhad acquired an option
to acquire a 100% interest in a mineral claim located in the Slocan Mining
Division in the Province of British Columbia, Canada (the Big Bear mineral
claim).  The business plan called for the Company to proceed with the
exploration of the Big Bear mineral claim to determine if it contains
commercially exploitable reserves of silver, gold, lead or zinc.  Following
careful review, the Company decided to pursue a molybdenum and gold property, in
addition to two uranium properties located in Peru.  Management entered into a consulting agreement with Dr. Allan P.
Juhas Ph.D., an Economic Geologist residing in the USA, with extensive
experience in international property evaluation and mineral exploration.
 Dr. Juhas and his team traveled to Peru and visited two of the Companys
proposed properties.  The Manantiel molybdenum prospect is located in the
Shiran district of the Otuzco municipality of La Libertad, west-central Peru.
 The 10 square kilometers property was inspected for various igneous,
sedimentary and contact metamorphic rock types.  Samples of representative
mineralization were collected and delivered to the Lima sample preparation
facility of ACME Laboratories.  Although the deposits of commercial grade
and size occurred in the area, it was determined that any further work would
require more land to develop the potential resources in the area.
 Following receipt of the geological reports and sample analysis,
management has decided not to move forward with the further exploration of this
property.  Dr.
Juhas and his team also evaluated another proposed acquisition, the El Zorro
gold prospect consisting of 600 hectares and located 156 kilometers north east
of Trujillo, Peru.  They found that the geology consisted of tertiary
continental volcanic rocks that were cut by mafic (basaltic) dikes and sparse
pinching and swelling anastomosing quartz veinlets.  Some of the clasts
contained quartz grains that implied a dacite composition.  Samples of
representative mineralization were collected and delivered to the Lima sample
preparation facility of ACME Laboratories.  Following receipt of the
geological report from Dr. Juhas and subsequent sample analysis, management also
decided not to move forward with the further exploration of this property.  The
Company previously evaluated property north of Lima, Peru, and an additional
property in the Province of Corongo.  However, the Company decided not to
pursue an acquisition of either property at this time.  The Company
continues its expressed interest in the acquisition of mining concessions in
Peru and abroad.  The are
no assurances that the Company will elect to proceed with the purchases of such
properties.  If the Company does elect to proceed, there are no assurances
that we will be able to raise sufficient capital to complete the purchase or
begin mining operations on either.  5





To
date, the Companys activities have been limited to its formation, mineral
operations, the raising of equity capital and exploring other international
business opportunities.  For the
three months ended June 30, 2009, the Company incurred continuing general and
administrative costs of $3,909.  This is comparable to the amounts of
$22,516 for the same period in the prior year.  Item
3. Quantitative and Qualitative Disclosure About Market Risk  Not
required by smaller reporting companies.  Item 4T.
 Controls and Procedures  As of
the end of the period covered by this report, UPLS carried out an evaluation of
the effectiveness of the Companys disclosure controls and procedures (as
defined by Rule 13-15(e) under the Securities Exchange Act of 1934) under the
supervision and with the participation of Uranium Pluss Chief Executive Officer
and Chief Financial Officer.  Based on and as of the date of such
evaluation, the aforementioned officers have concluded that Uranium Pluss
disclosure controls and procedures were effective.  UPLS
also maintains a system of internal accounting controls that is designed to
provide assurance that assets are safeguarded and that transactions are executed
in accordance with managements authorization and properly recorded. This system
is continually reviewed and is augmented by written policies and procedures, the
careful selection and training of qualified personnel and an internal audit
program to monitor its effectiveness.  There
were no significant changes in Uranium Pluss internal controls or in other
factors that could significantly affect these controls during the quarter ended
June 30, 2009. There were no significant deficiencies or material weaknesses,
and therefore there were no corrective actions taken.  It should be noted
that any system of controls, however well designed and operated, can provide
only reasonable, and not absolute, assurance that the objectives of the system
are met. In addition, the design of any control system is based in part upon
certain assumptions about the likelihood of future events. Because of these and
other inherent limitations of control systems, there can be no assurance that
any design will succeed in achieving its stated goals under all potential future
conditions, regardless of how remote.    6





PART
II  INFORMATION  Item
1.  Legal Proceedings  None  Item
2.  Unregistered Sales of Equity Securities and Use of Proceeds  None  Item
3.  Defaults Upon Senior Securities  None  Item
4.  Submission of Matters to a Vote of Security Holders  None.  Item
5.  Other Information  None  Item 6.
 Exhibits  Exhibit No.
Document
Location31
Rule
13a-41(a)/15d-14(a) Certifications
Included32
Section
1350 Certifications
Included  SIGNATURES  In accordance with
the requirements of the Exchange Act, the registrant caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.  URANIUM
PLUS RESOURCE CORP.  August 19,
2009                                                          ***/s/
H. James
Graham***  H.
JAMES GRAHAM President
and Chief Executive Officer  7