| (X      ) | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITES EXCHANGE ACT OF      1934 |
|-----------|--------------------------------------------------------------------------------------------------|

|   | For      the quarter period ended February 28,2010 |
|--------|----------------------------------------------------|

|  (  ) | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE EXCHANGE  ACT |
|----------------------|------------------------------------------------------------------------------|

|   | For      the transition period      form                                                            to |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                 |
|   | Commission      File number       333-144923                                                                                                                                                                                                                                                                                                 |

|   | LAURAL RESOURCES,      INC. |
|--------|-----------------------------|

|            Nevada                                 | 14-1994102                                            |
|---------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        (State      or other jurisdiction of incorporation or organization) | (IRS Employer Identification      No.)                                                                                                                                                                                                                                       |

| 1223 Burrowhill Lane, Mississauga, Ontario,      Canada, L5H 4M7 |
|------------------------------------------------------------------|
| (Address      of principal executive offices)                    |

| 1-905-274-5231                         |
|----------------------------------------|
| (Issuer’s      telephone number) |

| N/A                                                                                          |
|----------------------------------------------------------------------------------------------|
| (Former      name, former address and former fiscal year, if changed since last      report) |

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|                                                                                                     |                                                                                                                                                                                     | PageNumber    |
|----------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|
| PART      1.                                                                                             | FINANCIAL      INFORMATION                                                                                                                                                               |          |
|                                                                                                     |                                                                                                                                                                                     |          |
| ITEM 1.                                                                                                  | Financial      Statements (unaudited)                                                                                                                                                    | 3             |
|                                                                                                     |                                                                                                                                                                                     |          |
|                                                                                                     | Balance      Sheet as at February 28, 2010 and May 31, 2009                                                                                                                              | 4             |
|                                                                                                     |                                                                                                                                                                                     |          |
|                                                                                                     | Statement      of OperationsFor      the three and nine months ended February 28, 2010 and 2009 and for the      period February 13, 2007 (Date of Inception) to February 28,      2010  |   5 |
|                                                                                                     |                                                                                                                                                                                     |          |
|                                                                                                     | Statement      of Cash FlowsFor      the nine months ended February 28, 2010 and 2009 and for the period      February 13, 2007 (Date of  Inception) to February 28,      2010 |   6 |
|                                                                                                     |                                                                                                                                                                                     |          |
|                                                                                                     | Notes      to the Financial Statements.                                                                                                                                                  | 7             |
|                                                                                                     |                                                                                                                                                                                     |          |
| ITEM 2.                                                                                                  | Management’s      Discussion and Analysis of Financial Conditions and Results      Operations                                                                                      | 11            |
|                                                                                                     |                                                                                                                                                                                     |          |
|                      ITEM 3.  | Quantitative      and Qualitative Disclosure about Market Risk                                                                                                                           | 15            |
|                                                                                                     |                                                                                                                                                                                     |          |
|              ITEM 4.                                                  | Controls      and Procedures                                                                                                                                                             | 16            |
|                                                                                                     |                                                                                                                                                                                     |          |
|                      ITEM 4T. | Controls      and Procedures                                                                                                                                                             | 17            |
|                                                                                                     |                                                                                                                                                                                     |          |
| PART      11.                                                                                            | OTHER      INFORMATION                                                                                                                                                                   | 17            |
|                                                                                                     |                                                                                                                                                                                     |          |
| ITEM 1.                                                                                                  | Legal      Proceedings                                                                                                                                                                   | 17            |
|                                                                                                     |                                                                                                                                                                                     |          |
|                      ITEM 1A. | Risk      Factors                                                                                                                                                                        | 17            |
|                                                                                                     |                                                                                                                                                                                     |          |
| ITEM 2.                                                                                                  | Unregistered      Sales of Equity Securities and Use of Proceeds                                                                                                                         | 21            |
|                                                                                                     |                                                                                                                                                                                     |          |
| ITEM 3.                                                                                                  | Defaults      Upon Senior Securities                                                                                                                                                     | 21            |
|                                                                                                     |                                                                                                                                                                                     |          |
| ITEM 4.                                                                                                  | Submission      of Matters to a Vote of Security Holders                                                                                                                                 | 21            |
|                                                                                                     |                                                                                                                                                                                     |          |
| ITEM 5.                                                                                                  | Other      Information                                                                                                                                                                   | 21            |
|                                                                                                     |                                                                                                                                                                                     |          |
| ITEM 6.                                                                                                  | Exhibits                                                                                                                                                                                 | 21            |
|                                                                                                     |                                                                                                                                                                                     |          |
|                                                                                                     | SIGNATURES.                                                                                                                                                                              | 22            |
|                                                                                                     |                                                                                                                                                                                     |          |

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|                                                      | February      28, 2010                                 | May      31, 2009         |
|-----------------------------------------------------------|--------------------------------------------------------|---------------------------|
|                                                      |                                                   |                      |
| ASSETS                                                    |                                                   |                      |
|                                                      |                                                   |                      |
| CURRENT      ASSETS                                       |                                                   |                      |
|                                                      |                                                   |                      |
| Cash                                                      | $     4,339                   | $   4,814  |
|                                                      |                                                   |                      |
| Total Current    Assets                                   | $     4,339                   | $   4,814  |
|                                                      |                                                   |                      |
| LIABILITIES      AND STOCKHOLDERS’ DEFICIENCY       |                                                   |                      |
|                                                      |                                                   |                      |
| CURRENT      LIABILITIES                                  |                                                   |                      |
|                                                      |                                                   |                      |
| Accounts payable                                          | $   21,980                              | $   19,360 |
| Accounts payable – related      parties             | 69,383                                                 | 53,146                    |
|                                                      |                                                   |                      |
| Total Current      Liabilities                            | 91,363                                                 | 72,506                    |
|                                                      |                                                   |                      |
| STOCKHOLDERS’      DEFICIENCY                       |                                                   |                      |
|                                                      |                                                   |                      |
| Common      stock                                         |                                                   |                      |
| 300,000,000 shares authorized, at      $0.001 par value;  |                                                   |                      |
| 51,000,000 shares issued and      outstanding             | 51,000                                                 | 51,000                    |
| Capital in excess of par      value                       | (9,250)                                                | (9,250)                   |
| Deficit accumulated during the      pre-exploration stage | (128,774)                                              | (109,442)                 |
|                                                      |                                                   |                      |
| Total Stockholders’      Deficiency                 | (87,024)                                               | (67,692)                  |
|                                                      |                                                   |                      |
|                                                      | $        4,339 | $   4,814  |

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|                                                                                                        | Three      months      endedFeb.      28,  2010                                    | Three      months      endedFeb.      28, 2009          | Nine      monthsendedFeb.      28, 2010                                    | Nine      monthsendedFeb.      28, 2009                                    | Feb.      13, 2007(date ofinception)      toFeb.      28, 2010                               |
|-------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------|---------------------------------------------------------|----------------------------------------------------------------------------|----------------------------------------------------------------------------|----------------------------------------------------------------------------------------------|
|                                                                                                        |                                                                                         |                                                    |                                                                       |                                                                       |                                                                                         |
| REVENUES                                                                                                    | $               - | $      _____-                                           | $            - | $            - | $               - |
|                                                                                                        |                                                                                         |                                                    |                                                                       |                                                                       |                                                                                         |
| EXPENSES                                                                                                    |                                                                                         |                                                    |                                                                       |                                                                       |                                                                                         |
| Accounting and    audit                                                                                     | 2,022                                                                                        | 2,023                                                   | 6,767                                                                      | 6,068                                                                      | 33,447                                                                                       |
| Bank charges                                                                                                | 25                                                                                           | 87                                                      | 75                                                                         | 163                                                                        | 466                                                                                          |
| Consulting                                                                                                  | -                                                                                            | -                                                       | -                                                                          | -                                                                          | 22,000                                                                                       |
| Exploration    expenses                                                                                     | -                                                                                            | -                                                       | -                                                                          | -                                                                          | 7,344                                                                                        |
| Filing fees                                                                                                 | -                                                                                            | -                                                       | -                                                                          | -                                                                          | 479                                                                                          |
| Geological report                                                                                           | -                                                                                            | -                                                       | -                                                                          | -                                                                          | 2,000                                                                                        |
| Incorporation    costs                                                                                      | -                                                                                            | -                                                       | -                                                                          | -                                                                          | 590                                                                                          |
| Legal                                                                                                       | -                                                                                            | -                                                       | -                                                                          | 1,620                                                                      | 8,200                                                                                        |
| Management fees                                                                                             | 3,000                                                                                        | 3,000                                                   | 9,000                                                                      | 9,000                                                                      | 34,000                                                                                       |
| Office                                                                                                      | 108                                                                                          | 249                                                     | 538                                                                        | 645                                                                        | 4,363                                                                                        |
| Rent                                                                                                        | 900                                                                                          | 900                                                     | 2,700                                                                      | 2,700                                                                      | 10,200                                                                                       |
| Transfer agent’s    fees                                                                              | 100                                                                                          | 364                                                     | 252                                                                        | 1,894                                                                      |    4,300                                                                      |
|              Travel      and entertainment |        -                                                  |          - |         -                          |         -                          | 1,385                                                                                        |
|                                                                                                        | 6,155                                                                                        | 6,623                                                   | 19,332                                                                     | 22,090                                                                     | 128,774                                                                                      |
|                                                                                                        |                                                                                         |                                                    |                                                                       |                                                                       |                                                                                         |
| NET      LOSS FROM OPERATIONS                                                                               | $   (6,155)                                                                   |   $(6,623)                                    | $  (19,332)                                                      | $  (22,090)                                                      |   $      (128,774)                                                                 |

| NET      LOSS PER COMMON SHARE                       |                                              |                      |                                  |                                  |
|------------------------------------------------------|---------------------------------------------------|---------------------------|---------------------------------------|---------------------------------------|
|                                                 |                                              |                      |                                  |                                  |
|      Basic      and diluted |   $          (0.00) | $   (0.00) | $     (0.00) | $     (0.00) |
|                                                 |                                              |                      |                                  |                                  |
| AVERAGE      OUTSTANDING SHARES                      |                                              |                      |                                  |                                  |
|                                                 |                                              |                      |                                  |                                  |
|      Basic                  | 51,000,000                                        | 51,000,000                | 51,000,000                            | 51,000,000                            |
|                                                 |                                              |                      |                                  |                                  |

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|                                                                                      |  For      the nine months      endedFeb. 28, 2010        |  For      the nine months      endedFeb. 28, 2009                    | From February      13, 2007      (date of inception)      toFeb. 28, 2010 |
|-------------------------------------------------------------------------------------------|---------------------------------------------------------------|---------------------------------------------------------------------------|--------------------------------------------------------------------------------|
|                                                                                      |                                                          |                                                                      |                                                                           |
| CASH      FLOWS FROM OPERATING ACTIVITIES:                                                |                                                          |                                                                      |                                                                           |
|                                                                                      |                                                          |                                                                      |                                                                           |
| Net      loss                                                                             | $    (19,332)                             | $      (22,090)                                                           | $      (128,774)                                                               |
|                                                                                      |                                                          |                                                                      |                                                                           |
| Adjustments      to reconcile net loss to net cash provided by operating      activities: |                                                          |                                                                      |                                                                           |
|                                                                                      |                                                          |                                                                      |                                                                           |
| Changes      in accounts payable                                                          |   2,620                                             |     2,863                                             |     21,980                                                 |
|                                                                                      |                                                          |                                                                      |                                                                           |
| Net      Cash  Provided (Used) in Operations                                    | (16,712)                                                      | (19,227)                                                                  | (106,794)                                                                      |
|                                                                                      |                                                          |                                                                      |                                                                           |
| CASH      FLOWS FROM INVESTING ACTIVITIES:                                                |           - |             - |             -      |
|                                                                                      |                                                          |                                                                      |                                                                           |
| CASH      FLOWS FROM FINANCING ACTIVITIES                                            |                                                          |                                                                      |                                                                           |
|                                                                                      |                                                          |                                                                      |                                                                           |
| Proceeds from loan from related      party                                                |     16,237                                | 9,244                                                                     | 69,383                                                                         |
| Proceeds from issuance of common      stock                                               |           - |           -             |  41,750                                                                   |
|                                                                                      |                                                          |                                                                      |                                                                           |
|                                                                                      |  16,237                                                  |   9,244                                                         | 111,133                                                                        |
|                                                                                      |                                                          |                                                                      |                                                                           |
| Net      Increase (Decrease) in Cash                                                      | (475)                                                         | (9,983)                                                                   | 4,339                                                                          |
|                                                                                      |                                                          |                                                                      |                                                                           |
| Cash      at Beginning of Period                                                          | 4,814                                                         |  12,723                                                              |          -                        |
|                                                                                      |                                                          |                                                                      |                                                                           |
| CASH      AT END OF PERIOD                                                                | $     4,339                          | $        2,740                    | $    4,339                                                 |

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|   | Basic and Diluted Net      Income (loss) Per Share |
|--------|----------------------------------------------------|

|   | Basic      net income (loss) per share amounts are computed based on the weighted      average number of shares actually outstanding.   Diluted      net income (loss) per share amounts are computed using the weighted      average number of common and common equivalent shares outstanding as if      shares had been issued on the exercise of the common share rights unless      the exercise becomes antidulutive and then only the basic per share      amounts are shown in the report. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | The      carrying amounts of financial instruments are considered by management to      be their fair value due to their short term  maturities. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | LAURAL      RESOURCES, INC. |
|--------|-----------------------------|

|   | Statement of Cash      Flows |
|--------|------------------------------|

|   | For      the purposes of the statement of cash flows, the Company considers all      highly liquid investments with a maturity of three months or less to be      cash equivalents. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Environmental      Requirements |
|--------|---------------------------------|

|   | At      the report date environmental requirements related to the mineral claim      acquired are unknown and therefore any estimate of any future cost cannot      be made. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | On      March 1, 2007, the Company acquired the Waibau Gold Claim located in the      Republic of Fiji from Siti Ventures Inc., an unrelated company, for the      consideration of $5,000.  The Waibau Gold Claim is located on      the island of Viti Leva.  Under Fijian law, the claim remains in      good standing as long as the Company has an interest in      it.   There is no annual maintenance fee or minimum      exploration work required on the Claim but the Company is required to have      a mining license in order to maintain the claim in good      standing. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | LAURAL      RESOURCES, INC. |
|--------|-----------------------------|

| 6. | GOING      CONCERN |
|----|--------------------|

|   | The      Company will need additional working capital to service its debt and to      develop the mineral claims acquired, which raises substantial doubt about      its ability to continue as a going concern.   Continuation      of the Company as a going concern is dependent upon obtaining additional      working capital and the management of the Company has developed a      strategy, which it believes will accomplish this objective through      additional equity funding, and long term financing, which will enable the      Company to operate for the comingyear. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Funds required                                               | Estimated Amount        |
|--------------------------------------------------------------|-------------------------|
|                                                         |                    |
| Accounting      and audit requirements                       | $  11,500     |
| Bank      charges and interest                               | 150                     |
| Exploration      expenses – Phase I                    | 11,050                  |
| Filing      fees                                             | 200                     |
| Management      fees @ $1,000 per month                      | 12,000                  |
| Office      – photocopying, faxing and delivering      | 500                     |
| Rent      @ $300 per month                                   | 3,600                   |
| Transfer      agent’s fees                             |    1,500 |
|                                                         | 40,500                  |
| Accounts      payable – February 28, 2010              | 21,980                  |
| Total estimated funds      required                          | 62,480                  |
| Deduct:  Bank      balance as at February 28, 2010 | 4,339                   |
| Net estimated funds      required                            | $      58,141           |

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| ITEM      3. | QUANTITATIVE      AND QUALITATIVE DISCLOSURE ABOUT MARKETRISK |
|--------------|---------------------------------------------------------------|

| ● | our      variations in our operations results, either quarterly or      annually;                                           |
|---------|-----------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                        |
| ● | trading      patterns and share prices in other exploration companies which our      shareholders consider similar to ours; |
|    |                                                                                                                        |
| ● | the      exploration results on the Waibau Gold Claim, and                                                                  |
|    |                                                                                                                        |
| ● | other      events which we have no controlover.                                                                             |

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| ● | designed      to ensure disclosure of information that is required to be disclosed in      the reports that Laural files or submits under the Exchange      Act; |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | recorded,      processed, summarized and reported with the time period required by the      SEC’s rules and forms; and |
|---------|------------------------------------------------------------------------------------------------------------------------------|

| ● | accumulated      and communicated to management to allow them to make timely decisions      about the required disclosures. |
|---------|-----------------------------------------------------------------------------------------------------------------------------|

|  ● | As      at February 28, 2010, Laural did not have an audit committee which      complies to the requirements of an audit committee since it did not have      an independent “financial expert” on the committee.  Even though      it has a Code of Ethics it does not emphasize fraud and methods to avoid      it.   Due to the small size of Laural a whistleblower      policy is not necessary. |
|---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | Due      to a significant number and magnitude of out-of-period adjustments      identified during the year-end closing process, management has concluded      that the controls over the period-end financial reporting process were not      operating effectively.   A material weakness in the      period-end financial reporting process could result in Laural not being      able to meet its regulatory filing deadlines and, if not remedied, has the      potential to cause a material misstatement or to miss a filing deadline in      the future.   Management override of existing controls is      possible given the small size of the organization and lack of      personnel. |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | There      is no system in place to review and monitor internal control over      financial reporting.  This is due to Laural maintaining an      insufficient complement of personnel to carry out ongoing monitoring      responsibilities and ensure effective internal control over financial      reporting.   |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ITEM      4T | CONTROLS      AND PROCEDURES |
|--------------|------------------------------|

----

|   | * | our      ability to locate a profitable mineral property; |
|--------|---|-----------------------------------------------------------|
|   | * | our      ability to locate an economic ore reserve;       |
|   | * | our      ability to generate revenues; and                |
|   | * | our      ability to reduce explorationcosts.              |

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| ● | Market      prices for the minerals to be produced;                                                                                                                           |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ● | Costs      of bringing the property into production including exploration,      preparation of production feasibility studies and construction of      production facilities; |
| ● | Political      climate and/or governmental regulations and controls;                                                                                                          |
| ● | Ongoing      costs of production;                                                                                                                                             |
| ● | Availability      and cost of financing; and                                                                                                                                  |
| ● | Environmental      compliance regulations andrestraints.                                                                                                                      |

----

| ● | Potential      investors’ anticipated feeling regarding our results of      operations; |
|---------|-----------------------------------------------------------------------------------------------|
| ● | Increased      competition and/or variations in mineral prices;                               |
| ● | Our      ability or inability to generate future revenues; and                                |
| ● | Market      perception of the future of the mineral exploration    industry.                  |

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| 3.1    |   | Certificate      of Incorporation (incorporated by reference from Laural’s Registration      Statement on Form SB-2 filed on July 27, 2007, Registration No.      333-144923)         |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                        |
| 3.2    |   | Articles      of Incorporation (incorporated by reference from Laural’s Registration      Statement on Form SB-2 filed on July 27, 2007, Registration      No.333-144923)             |
|   |   |                                                                                                                                                                                        |
| 3.3    |   | By-laws      (incorporated by reference from Laural’s Registration Statement on Form      SB-2 filed on July 27, 2007, Registration No.  333-144923)                                  |
|   |   |                                                                                                                                                                                        |
| 4      |   | Stock      Specimen (incorporated by reference from Laural’s Registration Statement      on Form SB-2 filed on July 27, 2007, Registration No.      333-144923)                       |
|   |   |                                                                                                                                                                                        |
| 10.1   |   | Transfer      Agent and Registrar Agreement (incorporated by reference from Laural’s      Registration Statement on Form SB-2 filed on July27, 2007 Registration No.      333-144923) |

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|                     | LAURAL RESOURCES, INC.                                                             |
|--------------------------|------------------------------------------------------------------------------------|
|                     |      (Registrant)                                         |
|                     |                                                                               |
|                     |                                                                               |
| Date:      April 9, 2010 | MANDI LUIS                                                                    |
|                     | Chief      Executive Officer, President and Director                               |
|                     |                                                                               |
|                     |                                                                               |
|                     |                                                                               |
| Date:      April 9, 2010 | ROBERT MACKAY                                                                 |
|                     | Chief      Financial Officer, Chief AccountingOfficer,      Secretary and Director |

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