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 March 31, 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 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 ]  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:   1    As
of May 6, 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 (Unaudited)  For the period from January 23, 2007 (Inception) to March 31, 2009  3     Uranium Plus Resource Corporation  (An Exploration Stage Company)  Index to Unaudited Financial Statements  For the period from January 23, 2007 to
March 31, 2009   Page(s)  Balance Sheets as of March 31,
2009 and December 31, 2008 5  Statements of Operations for the three-month period ended
March 31, 2009 and for the three month period ended
March 31, 2008 and for the
period from January 23, 2007 to March 31, 2009 6  Statements of Cash Flows for the three-month period ended
March 31, 2009 and for the three month period ended
March 31, 2008 and for the
period from January 23, 2007 (Inception) to March 31, 2009 7  Notes to the Financial
Statements (unaudited) 8-10  4    Financial
Information Uranium Plus Resource Corporation (An Exploration Stage Company) Balance Sheets (Unaudited)    March 31,

December 31,2009

2008(unaudited)ASSETSCurrent assets:Cash and cash equivalents
$
86,673

$
93,139Property, plant and equipment:Office equipment

-


-Less: Accumulated
depreciation

-


-Net property, plant and equipment

-


-Total assets
$
86,673

$
93,139LIABILITIES AND STOCKHOLDERS DEFICITCurrent liabilities:Accounts payable
$
12,213

$
8,124Convertible note payable

150,000


150,000Total current liabilities

162,213


158,124Total liabilities

162,213


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

(186,443)


(176,268)Accumulated other comprehensive
income

-


380Total stockholders deficit

(75,540)


(64,985)Total liabilities and stockholders deficit
$
86,673

$
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

from January 23,month period ended

month period ended

2007 (Inception) toMarch 31, 2009

March 31, 2008

March 31, 2009Revenues:
$
-

$
-

$
-Operating expenses:Exploration costs

-


-


45,533Selling, general and
administrative

10,175


9,640


140,394Depreciation expense

-


102


516Operating loss before other items and income
tax

(10,175)


(9,742)


(186,443)Income tax expense (benefit)

-


-


-Net loss available to common stockholders
$
(10,175)

$
(9,742)


(186,443)Other comprehensive income:Foreign currency translation
adjustment

(380)


-


-Comprehensive loss for the period
$
(10,555)

$
(9,742)

$
(186,443)Basic and diluted loss per common share
$
(.00)

$
(.00)Weighted average shares outstanding

12,988,000


12,988,000   See accompanying notes to the unaudited financial
statements.   6    Financial
Information Uranium Plus Resource Corporation (An Exploration Stage Company) Statement of Cash Flows
(Unaudited)     For the three month

For the three month

For the periodperiod from

period from

from January 23,January 1, 2009

January 1, 2008

2007 (Inception) toto March 31, 2009

to March 31, 2008

March 31, 2009Cash flows from operating activities:Net loss
$
(10,175)

$
(9,742)

$
(186,443)Depreciation expense

-


102


516Gain/Loss on disposal on fixed
asset







745Non-cash expenses

-


640


99,805Adjustments to reconcile net
loss tonet cash used by operating
activities:Accounts payable

4,089


-


12,213Accounts payable  related
party

-


9,000


-Net cash used by operating activities

(6,086)


-


(73,164))Cash flows from investing activities:Purchase of equipment

-


-


(1,243)Net cash used by investing activities

-


-


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




-


11,080Loan payable

-


-


150,000Net cash provided by financing activities

-


-


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

(6,086)


-


86,673Effect of exchange rate changes on cash

(380)


(46)


-Cash at beginning of period
$
93,139

$
1,579

$
-Cash at end of period
$
86,673

$
1,533

$
86,673    See accompanying notes to the unaudited financial
statements.  7


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-KSB filed on March 31, 2009.  Operating results for the three
months ended March 31, 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.    8    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, 2007 and
$9,000 to March 31, 2008.  The forgiveness of debt has been recorded as an
increase in additional paid in capital as at December 31, 2008.  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.  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
ValueApril 21, 2008
1,910,000
$
1,910Issued as a result of forward-split
11,078,000
11,078March 31, 2009
12,988,000
$
12,988  Consideration for the issue 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 March 31, 2009, the Company has a
negative working capital balance of $75,540 and an accumulated deficit of
$186,443.  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.           9    Uranium Plus
Resource Corporation (An Exploration Stage Company) Notes to the Financial Statements
(Unaudited)   8.  RECENT
ACCOUNTING PROUNOUNCEMENTS  In April 2009, the FASB issued Staff Position (FSP) FAS 157-4,
Determining Fair Value When the Volume or Level of Activity for the Asset or
Liability Had Significantly Decreased and Identifying Transactions That Are Not
Orderly (FSP FAS157-4). 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 28-1 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.    10    Item
2.  Managements Discussion and Analysis or Plan of Operation  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 Company had 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 continues its expressed interest in the acquisition of a 1,000 hectare
copper property north of Lima called the Corani Uranium property which consists
of a 1,000 hectare mining concession referred to as BETAK, located in the
Department of Puno in addition to an adjacent property consisting of an
additional 1,000 hectares.  Extensive exploration was commissioned by the
Peruvian Institute of Nuclear Energy (IPEN), which led to the delineation of a
uranium deposit within the Corani Property boundaries.   11    The Company is also continuing its interest regarding a potential
option to acquire an additional uranium property calledCorongo, which is comprised of 1,000 hectares and
is located in the Province of Corongo.  The are
no assurances that the Company will elect to proceed with the purchases of
either of these 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.  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 March 31, 2009, the Company incurred continuing general and
administrative costs of $10,175.  This is comparable to the amounts of
$9,640 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
March 31, 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.    12    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.  May
15, 2009 /s/
H. James Graham  H.
JAMES GRAHAM President
and Chief Executive Officer  13