Exhibit
No. 31.1




Form
10-QSB


First
Quantum Ventures, Inc.


File No.
000-52759





Certification






I, Emilio
Jara, certify that:





1. I
have  reviewed this  quarterly  report on Form
10-QSB for the quarter ended December
31, 2007 of First Quantum Ventures, Inc.;





2. Based
on my knowledge, this report does not contain any untrue statement of a material
fact or omit to state a material fact  necessary to make the
statements made, in
light of the  circumstances  under which such statements
were made, not misleading
with respect to the period covered by this report;





3.  Based  on
my  knowledge,  the  financial  statements,  and  other  financial information
included in this report, fairly present in all material respects the financial
condition,  results of operations and cash flows of the small business issuer as
of, and for, the periods presented in this report;





4. The
small business issuer's other certifying officer(s) and I are responsible for
establishing and maintaining  disclosure controls and procedures (as
defined in
Exchange  Act
Rules  13a-15(e)  and  15d-15(e))  and  internal  control  over financial  reporting
(as defined in Exchange Act Rules  13a-15(f) and 15d-15(f)) for the
small business issuer and have:




(a) Designed
such disclosure control and procedures, or caused such disclosure controls
and  procedures to be designed under our supervision, to ensure that
material information relating to the small business
issuer, including its consolidated subsidiaries, is made known to
us by others within those entities, particularly during the period in which
this report is being prepared.





(b) Designed
such internal control over financial reporting, or caused such internal
control over financial  reporting to be designed under our
supervision, to
provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial  statements for external purposes in
accordance with
generally accepted accounting principles;





(c) Evaluated
the effectiveness of the small
business  issuer's  disclosure controls
and procedures and presented in this report
our  conclusions  about the effectiveness  of
the disclosure  controls and procedures,  as of the end of
the period
covered by this report based on such evaluation; and





(d)  Disclosed  in
this  report any change in the
small  business  issuer's internal  control  over  financial  reporting  that  occurred  during  the
small business
issuer's most recent fiscal quarter (the small business issuer's fourth fiscal
quarter in the case of an annual report) that has materially affected, or is
reasonably likely to materially  affect, the small business issuer's
internal control
over financial reporting; and





5. The
small business issuer's other certifying officer(s) and I have disclosed, based  on  our  most  recent  evaluation  of  internal  control  over  financial reporting,  to
the small business  issuer's  auditors and the audit
committee of the
small  business  issuer's  board
of  directors  (or
persons  performing  the equivalent
functions):





(a) All
significant  deficiencies and material  weaknesses in the
design or operation
of internal  control
over  financial  reporting  which
are  reasonably likely
to  adversely  affect  the
small  business  issuer's  ability  to
record, process,
summarize and report financial information; and





(b) Any
fraud,  whether or not material,  that involves management
or other employees
who have a significant  role in the small
business  issuer's  internal control
over financial reporting.








Dated:
February 11, 2008




/s/ Emilio
Jara


Emilio
Jara


Chief
Executive Officer,


Chief
Financial Officer