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, 2008  [
 ] 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 107  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 issuer (1) filed all reports required to be filed by Section 13
or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.  Yes  [x]
 No  [  ]  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 [  ]  1     State the number of
shares outstanding of each of the issuers classes of common equity, as of the
latest practicable date:  As of June 30, 2008,
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 June 30, 2008  3     Uranium Plus Resource Corporation  (An Exploration Stage Company)  Index to Unaudited Financial Statements  For the period from January 23, 2007 to June
30, 2008   Page(s)  Balance Sheets as of June 30,
2008 and December 31, 2007 5  Statements of Operations and Comprehensive Loss for the
three and six month period
ended June 30, 2008; and for the three month period ended June 30, 2007 6 and the period from
inception (January 23, 2007) through June 30, 2007, and the period from inception (January 23,
2007) through June 30, 2008.  Statements of Cash Flows for the six month period ended
June 30, 2008; and for the period from January 23,
2007 (inception) to June 30, 2007; and for the
period from January 23, 2007 (Inception) to June 30, 2008 7  Notes to the Financial
Statements (unaudited) 8-11  4    Financial
Information Uranium Plus Resource Corporation (An Exploration Stage Company) Balance Sheets (Unaudited)  June 30,


December 31,2008


2007ASSETSCurrent assets:Cash and cash equivalents
$
112,419

$
1,579Prepaid expenses

-


1,224Total current assets

112,419


2,803Property, plant and equipment:Office equipment

-


1,243Less: Accumulated
depreciation

-


(414)Net property, plant and equipment

-


829Total assets
$
112,419

$
3,632LIABILITIES AND STOCKHOLDERS DEFICITCurrent liabilities:Accounts payable
$
3,318

$
1,304Accounts payable  related
party

-


30,000Convertible note payable (Note
5)

150,000


-Total current liabilities

153,318


31,304Total liabilities

153,318


31,304Stockholders DeficitCommon stock, par value $.001,
100,000,000 sharesauthorized,  12,988,000
shares issued and outstanding

12,988


12,988after giving effect to 6.8 for 1
split on April 22, 2008Additional paid in
capital

89,915


50,276Deficit accumulated during the
exploration stage

(144,182)


(91,391)Accumulated other comprehensive
income

380


455Total stockholders deficit

(40,899)


(27,672)Total liabilities and stockholders deficit
$
112,419

$
3,632   See accompanying notes to the financial statements.     5


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

For the periodFor the three

For the three

For the six

From January 23

From January 23Month period ended

Month period ended

Month period ended

2007 (Inception) to

2007 (Inception) toJune 30, 2008

June 30, 2007

June 30, 2008

June 30, 2008

June 30, 2008Revenues:
$
                             -

$
                         -

$
                         -

$
                         -

$
                         -Operating expensesExploration costs
20,533

-

20,533

5,000

45,533Selling, general and administrative
22,516

15,565

32,156

21,080

98,151Depreciation expense
-

105

102

193

498Operating loss before other items and income
tax
(43,049)

(15,670)

(52,791)

(26273)

(144,182)Income tax expense (benefit)
-

-

-

-

-Net loss available to common stockholders
$
                 (43,049)

$
                     (15,670)

$
                     (52,791)

$
                 (26,273)

(144,182)Other comprehensive incomeForeign currency translation adjustment
-

1,586

(75)

1,729

380Comprehensive loss for the period
$
                 (43,049)

$
                     (14,084)

$
                     (52,866)

$
                 (24,544)

$
                (143,802)Basic and diluted loss per common share
(.00)

(.00)

(.00)

(0.00)Weighted average shares outstanding
12,988,000

12,988,000

12,988,000

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


6


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


For the period


For the periodperiod from


from January 23,


from January 23,January 1, 2008


2007 (Inception) to


2007 (Inception) toto June 30, 2008


to June 30, 2007


June 30, 2008Cash flows from operating activities:Net loss
$
(52,791)

$
(26,273)

$
(144,182)Adjustments to reconcile net
loss tonet cash used by operating
activitiesPrepaid expenses

1,224


(4,817)Non-cash expenses

610


5,000


91,325Depreciation expense

102


193


498Changes in operating assets and liabilitiesAccounts payable

2,014


4,452


3,318Accounts payable  related
party

9,000


11,285Net cash used by operating activities

(39,841)


(10,160)


(49,041)Cash flows from investing activities:Disposal of equipment

745Purchase of equipment




(1,155)


-Net cash used by investing activities

745


(1,155)


-Cash flows from financing activities:Issuance of common stock for
cash




11,080


11,080Convertible note payable (see
note 5)

150,000


-


150,000Net cash provided by financing activities

150,000


11,080


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

110,904


(235)


112,039Effect of exchange rate changes on cash

(64)


1,729


380Cash at beginning of period
$
1,579

$
-

$
-Cash at end of period
$
112,419

$
1,494

$
112,419Non-Cash investing and financing activitiesForgiveness of related party
note; applied
$
39,000

$
-

$
39,000to paid in capital   See accompanying notes to the 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 14, 2008.  Operating results for the six months
ended June 30, 2008 are not necessarily indicative of the results to be expected
for the fiscal year ended December 31, 2008.  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.            8    Uranium Plus
Resource Corporation (An Exploration Stage Company) Notes to the Financial Statements
(Unaudited)   RECENTLY ISSUED ACCOUNTING
PRONOUNCEMENTS  In May of 2008, the Financial
Accounting Standards Board (FASB) issued Statement of Financial Accounting
Standards (SFAS) No. 163, Accounting for Financial Guarantee Insurance  an
interpretation of FASB Statement No. 60, Accounting and Reporting by Insurance
Enterprises.This statement requires that an insurance enterprise
recognize a claim liability prior to an event of default (insured event) when
there is evidence that credit deterioration has occurred in an insured financial
obligation.  This statement also clarifies how Statement 60 applies to
financial guarantee insurance contracts.  This statement is effective for
fiscal years beginning after December 15, 2008.  This statement has no
effect on the Companys financial reporting at this time.  In May of 2008, the FASB issued
Statement No. 162, The Hierarchy of Generally Accepted Accounting
Principles.This statement identifies literature established by the
FASB as the source for accounting principles to be applied by entities which
prepare financial statements presented in conformity with generally accepted
accounting principles (GAAP) in the United States.  This statement is
effective 60 days following approval by the SEC of the Public Company Accounting
Oversight Board amendments to AU Section 411, The Meaning of Present Fairly
in Conformity With Generally Accepted Accounting Principles.This
statement will require no changes in the Companys financial reporting
practices.  In March of 2008, the FASB issued
SFAS No. 161, Disclosures about Derivative Instruments and Hedging
Activitiesan amendment of FASB Statement No. 133, Accounting for
Derivatives and Hedging Activities.  SFAS No. 161 has the same scope
as Statement No. 133 but requires enhanced disclosures about (a) how and why an
entity uses derivative instruments, (b) how derivative instruments and related
hedged items are accounted for under Statement No. 133 and its related
interpretations, and (c) how derivative instruments and related hedged items
affect an entitys financial position, financial performance, and cash flows.
 SFAS No. 161 is effective for financial statements issued for fiscal years
and interim periods beginning after November 15, 2008, with early application
encouraged.  The statement encourages, but does not require, comparative
disclosures for earlier periods at initial adoption.  SFAS No. 161 has no
effect on the Companys financial position, statements of operations, or cash
flows at this time.  In December, 2007, the FASB issued
SFAS No. 160, Non-controlling interests in Consolidated Financial
Statements, an amendment of ARB No. 51.   SFAS No. 160 applies to
for-profit entities that prepare consolidated financial statements where there
is an outstanding non-controlling interest in a subsidiary.  The Statement
requires that the non-controlling interest be reported in the equity section of
the consolidated balance sheet but identified separately from the parent.
 The amount of consolidated net income attributed to the non-controlling
interest is required to be presented, clearly labeled for the parent and the
non-controlling entity, on the face of the consolidated statement of income.
 When a subsidiary is de-consolidated, any retained non-controlling
interest is to be measured at fair value.  Gain or loss on de-consolidation
is recognized rather than carried as the value of the retained investment.
 The Statement is effective for fiscal years and interim periods beginning
on or after December 15, 2008.  It cannot be adopted earlier but, once
adopted, is to be applied retroactively.  This pronouncement has no effect
on this Companys financial reporting at this time.          9    Uranium Plus
Resource Corporation (An Exploration Stage Company) Notes to the Financial Statements
(Unaudited)  RECENTLY  ISSUED ACCOUNTING
PRONOUNCEMENTS (Continued)  Also in December 2007, the FASB
issued SFAS No. 141R, Business Combinations.  SFAS No. 141R amends
SFAS 141 and provides revised guidance for recognizing and measuring
identifiable assets and goodwill acquired, liabilities assumed, and any
non-controlling interest in the acquiree.  It also provides disclosure
requirements to enable users of the financial statements to evaluate the nature
and financial effects of the business combination.  It is effective for
fiscal years beginning on or after December 15, 2008 and will be applied
prospectively.  SFAS No. 141R has no effect on the Companys financial
reporting.  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.  The Company recorded an
unrealized foreign currency translation gain, totaling $380 for the period from
January 23, 2007 (Inception) to June 30, 2008, in accumulated other
comprehensive income.  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 June 30, 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 ration of 5.8 shraes for each one old share.  As a
result of this transaction, 11,078,000 shares were issued.  Consideration
of the issue of additional shares has been charged against additional paid in
capital.  The stock split was retroactively applied on the statement of
changes in stockholders (deficit) to the earliest period presented.  Shares
ValueDecember 31, 2007
1,910,000
$
1,910Issued as a result of forward-split
11,078,000
11,078June 30, 2008
12,988,000
$
12,988  10        Uranium Plus Resource Corporation (An Exploration Stage Company) Notes to the Financial Statements
(Unaudited)  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, 2008, the Company has a negative
working capital balance of $40,899 and an accumulated deficit of $144,182.
 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.     11    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 is currently negotiating the acquisition of a 1,000 hectare copper
property north of Lima and is in the final negotiations to acquire the Corani
Uranium property which consists of a 1,000 hectare mining concession called
BETAK, located in the Department of Puno.  The Company is also negotiating
an option to purchase an additional 1,000 hectares adjoining the existing
property.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.   12    Further, the Company is negotiating the acquisition of an
additional uranium property called,Corongo
which is comprised of 1,000 hectares and is located in the Province of Corongo.
Finally, the Company is also negotiating an option to purchase an additional
1,000 hectares adjoining the existing property.  Item
3. Quantitative and Qualitative Disclosure About Market Risk  Not
applicable  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 from January 23, 2007 to
June 30, 2008. 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.   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  13     None  Item
4.  Submission of Matters to a Vote of Security Holders  None.  Item
5.  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
8, 2008 /s/
H. James Graham  H.
JAMES GRAHAM President
and Chief Executive Officer  14