----

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| [X] | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|-----|-----------------------------------------------------------------------------------------|

| [  ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|----------------|------------------------------------------------------------------------------------------|

| Nevada(State or other jurisdictionOf incorporation or organization) |   | 26-0841675(IRS EmployerIdentification No.) |
|---------------------------------------------------------------------|--------|--------------------------------------------|

| Large accelerated filer [  ] | Accelerated filer [  ] |
|----------------------------------------|----------------------------------|
| Non-accelerated filer [  ]   | Smaller reporting company [x]    |

----

|       |                                                                                                                                                          | Page          |
|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|
| PART I.    | UNAUDITED FINANCIAL INFORMATION                                                                                                                               |          |
|       |                                                                                                                                                          |          |
| Item 1.    | Interim Financial Statements                                                                                                                                  | 3             |
|       |                                                                                                                                                          |          |
|       | Balance SheetsApril 30, 2010 (unaudited) and July 31, 2009                                                                                                    |  4       |
|       |                                                                                                                                                          |          |
|       | Statements of Operations (unaudited)Three and Nine Months Ended April 30, 2010 and 2009and Cumulative Amounts from July 8, 2003 (Inception) to April 30, 2010 |   5 |
|       |                                                                                                                                                          |          |
|       | Statement of Stockholders’ Equity (Deficit) (unaudited)Cumulative Amounts from July 8, 2003 (Inception) to April 30, 2010                               |  6       |
|       |                                                                                                                                                          |          |
|       | Statements of Cash Flows (unaudited)Nine Months Ended April 30, 2010 and 2009and Cumulative Amounts from July 8, 2003 (Inception) to April 30, 2010           |   8 |
|       |                                                                                                                                                          |          |
|       | Notes to Financial Statements (unaudited)                                                                                                                     | 9             |
|       |                                                                                                                                                          |          |
| Item 2.    | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                   | 14            |
|       |                                                                                                                                                          |          |
| Item 3.    | Quantitative and Qualitative Disclosures About Market Risk                                                                                                    | 17            |
|       |                                                                                                                                                          |          |
| Item 4.    | Controls and Procedures                                                                                                                                       | 17            |
|       |                                                                                                                                                          |          |
| PART II.   | OTHER INFORMATION                                                                                                                                             |          |
|       |                                                                                                                                                          |          |
| Item 1.    | Legal Proceedings                                                                                                                                             | 18            |
|       |                                                                                                                                                          |          |
| Item 1A.   | Risk Factors                                                                                                                                                  | 18            |
|       |                                                                                                                                                          |          |
| Item 2.    | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                   | 18            |
|       |                                                                                                                                                          |          |
| Item 3.    | Defaults Upon Senior Securities                                                                                                                               | 18            |
|       |                                                                                                                                                          |          |
| Item 4.    | Removed and Reserved                                                                                                                                          | 18            |
|       |                                                                                                                                                          |          |
| Item 5.    | Other Information                                                                                                                                             | 18            |
|       |                                                                                                                                                          |          |
| Item 6.    | Exhibit Index                                                                                                                                                 | 18            |
|       |                                                                                                                                                          |          |
| Signatures |                                                                                                                                                          | 20            |

----

----

|                                                                       |   | April 30,2010                             |     |   | July 31,2009 |   |
|----------------------------------------------------------------------------|--------|-------------------------------------------|----------|--------|--------------|--------|
|                                                                       |   | (Unaudited)      |     |   |         |   |
| ASSETS                                                                     |   |                                      |     |   |         |   |
|                                                                       |   |                                      |     |   |         |   |
| Current assets                                                             |   |                                      |     |   |         |   |
| Cash and cash equivalents                                                  |   | $                                         | 3,183    |   |         | $      | 89 |   |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Total Current Assets                                                       |   |                                      | 3,183    |   |         |   | 89 |   |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Mineral property (Note 3)                                                  |   |                                      | 1        |   |         |   | 1 |   |
| Oil and gas properties - unproved using full cost accounting (Note 5)      |   |                                      | 85,413   |   |         |   | - |   |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Total assets                                                               |   | $                                         | 88,597   |   |         | $      | 90 |   |
|                                                                       |   |                                      |     |   |         |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT                                |   |                                      |     |   |         |   |   |   |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Current liabilities                                                        |   |                                      |     |   |         |   |   |   |
| Accounts payable and accrued liabilities                                   |   | $                                         | 122,892  |   |         | $      | 55,543 |   |
| Loan payable (Note 6)                                                      |   |                                      | 55,000   |   |         |   | - |   |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Total Current Liabilities                                                  |   |                                      | 177,892  |   |         |   | 55,543 |   |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Total liabilities                                                          |   |                                      | 177,892  |   |         |   | 55,543 |   |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Stockholders’ deficit                                                |   |                                      |     |   |         |   |   |   |
| Preferred stock - $0.0001 par value; authorized – 250,000,000 shares |   |                                      |     |   |         |   |   |   |
| Issued and outstanding - nil                                               |   |                                      | -        |   |         |   | - |   |
| Common stock - $0.0001 par value; authorized – 500,000,000 shares    |   |                                      |     |   |         |   |   |   |
| Issued and outstanding – 60,000,000 shares                           |   |                                      | 6,000    |   |         |   | 6,000 |   |
| Paid in capital                                                            |   |                                      | 24,000   |   |         |   | 24,000 |   |
| Deficit accumulated during the development stage                           |   |                                      | (119,295 | )      |         |   | (85,453 | ) |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Total stockholders’ deficit                                          |   |                                      | (89,295  | )      |         |   | (55,453 | ) |
|                                                                       |   |                                      |     |   |         |   |   |   |
| Total liabilities and stockholders’ deficit                          |   | $                                         | 88,597   |   |         | $      | 90 |   |

----

|                                                 |   |    Three Months EndedApril 30, 2010 |       |   |    Three Months EndedApril 30, 2009 |   |       |    Nine Months EndedApril 30, 2010 |   |   |    Nine MonthsEndedApril 30, 2009 |   |   | CumulativeAmounts FromInception on July 8, 2003ToApril 30, 2010 |       |
|------------------------------------------------------|--------|--------------------------------------------------------------|------------|--------|--------------------------------------------------------------|--------|------------|-------------------------------------------------------------|--------|--------|-------------------------------------------------------|--------|--------|----------------------------------------------------------------------|------------|
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |
| REVENUES                                             |   | $                                                            | -          |   |                                                         | $      | -          |                                                        |   | $      | -                                                     |   |   | $                                                                    | -          |   |   | $ | 387 |   |
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
| EXPENSES                                             |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
|  General and Administrative                     |   |                                                         | 9,254      |   |                                                         |   | 1,360      |                                                        |   |   | 32,842                                                |   |   |                                                                 | 13,387     |   |   |   | 111,636 |   |
| Mineral exploration costs                            |   |                                                         | -          |   |                                                         |   | -          |                                                        |   |   | 1,000                                                 |   |   |                                                                 | 806        |   |   |   | 5,531 |   |
|  Impairment on mineral property (Note 3)        |   |                                                         | -          |   |                                                         |   | -          |                                                        |   |   | -                                                     |   |   |                                                                 | -          |   |   |   | 875 |   |
|  Oil and gas property operating costs           |   |                                                         |  -    |   |                                                         |   |  -    |                                                        |   |   |  -                                               |   |   |                                                                 |  -    |   |   |   |  1,310 |   |
|  Loss on disposal of oil and gas                |   |                                                         | -          |   |                                                         |   | -          |                                                        |   |   | -                                                     |   |   |                                                                 | -          |   |   |   | 330 |   |
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
|                                                 |   |                                                         | (9,254     | )      |                                                         |   | (1,360     | )                                                           |   |   | (33,842                                               | )      |   |                                                                 | (14,193    | ) |   |   | (119,682 | ) |
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
| Provision for Income Taxes                           |   |                                                         | -          |   |                                                         |   | -          |                                                        |   |   | -                                                     |   |   |                                                                 | -          |   |   |   | - |   |
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
| Net loss                                             |   | $                                                            | (9,254     | )      |                                                         | $      | (1,360     | )                                                           |   | $      | (33,842                                               | )      |   | $                                                                    | (14,193    | ) |   | $ | (119,295 | )    |
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
| Net Loss Per Common Share                            |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
| Basic and Diluted                                    |   | $                                                            | (0.00      | )      |                                                         | $      | (0.00      | )                                                           |   | $      | (0.00                                                 | )      |   | $                                                                    | (0.00      | ) |   | $ | (0.00 | ) |
|                                                 |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
| Weighted average number of common shares outstanding |   |                                                         |       |   |                                                         |   |       |                                                        |   |   |                                                  |   |   |                                                                 |       |   |   |   |   |   |
| Basic and Diluted                                    |   |                                                         | 60,000,000 |   |                                                         |   | 60,000,000 |                                                        |   |   | 60,000,000                                            |   |   |                                                                 | 60,000,000 |   |   |   |   |   |

----

|                                                   |   | Common Stock                |       |   |                     |   |   |                       |   |
|--------------------------------------------------------|--------|-----------------------------|------------|--------|--------------------------|--------|--------|----------------------------|--------|
|                                                   |   |   Numberof Shares |       |   |    Amount |   |   |   Paid inCapital |   |   | Deficit Accumulated During theDevelopmentStage |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |
| Balance, July 8, 2003                                  |   |                        | -          |   |                     | $      | -      |                       |   | $ | - |   |   | $ | - |   |
| (Date of incorporation)                                |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Loss for the period                                    |   |                        | -          |   |                     |   | -      |                       |   |   | - |   |   |   | - |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Balance, July 31, 2003                                 |   |                        | -          |   |                     |   | -      |                       |   |   | - |   |   |   | - |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.005 per share: |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| August 2003                                            |   |                        | 30,000,000 |   |                     |   | 3,000  |                       |   |   | 12,000 |   |   |   | 15,000 |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Net (loss) for the year                                |   |                        | -          |   |                     |   | -      |                       |   |   | - |   |   |   | (1,731 | ) |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Balance, July 31, 2004                                 |   |                        | 30,000,000 |   |                     |   | 3,000  |                       |   |   | 12,000 |   |   |   | 13,269 |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.005 per share: |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| August 2004                                            |   |                        | 20,650,000 |   |                     |   | 2,065  |                       |   |   | 8,260 |   |   |   | 10,325 |   |
| May 2005                                               |   |                        | 9,350,000  |   |                     |   | 935    |                       |   |   | 3,740 |   |   |   | 4,675 |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Net (loss) for the year                                |   |                        | -          |   |                     |   | -      |                       |   |   | - |   |   |   | (7,890 | ) |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Balance, July 31, 2005                                 |   |                        | 60,000,000 |   |                     |   | 6,000  |                       |   |   | 24,000 |   |   |   | 20,379 |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Net (loss) for the year                                |   |                        | -          |   |                     |   | -      |                       |   |   | - |   |   |   | (2,846 | ) |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Balance, July 31, 2006                                 |   |                        | 60,000,000 |   |                     |   | 6,000  |                       |   |   | 24,000 |   |   |   | 17,533 |   |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Net (loss) for the year                                |   |                        | -          |   |                     |   | -      |                       |   |   | - |   |   |   | (21,884 | ) |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Balance, July 31, 2007                                 |   |                        | 60,000,000 |   |                     |   | 6,000  |                       |   |   | 24,000 |   |   |   | (4,351 | ) |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Net (loss) for the year                                |   |                        | -          |   |                     |   | -      |                       |   |   | - |   |   |   | (29,576 | ) |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Balance, July 31, 2008                                 |   |                        | 60,000,000 |   |                     |   | 6,000  |                       |   |   | 24,000 |   |   |   | (33,927 | ) |
|                                                   |   |                        |       |   |                     |   |   |                       |   |   |   |   |   |   |   |   |
| Net (loss) for the year                                |   |                        | -          |   |                     |   | -      |                       |   |   | - |   |   |   | (21,526 | ) |

----

|                      |   |   |       |   |   |   |   |   |   |   |   |   |   |   |    |   |
|---------------------------|--------|--------|------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|---------|--------|
| Balance, July 31, 2009    |   |   | 60,000,000 |   |   |   | 6,000  |   |   |   | 24,000 |   |   |   | (55,453 | )      |
|                      |   |   |       |   |   |   |   |   |   |   |   |   |   |   |    |   |
| Net (loss) for the period |   |   | -          |   |   |   | -      |   |   |   | -      |   |   |   | (33,842 | )      |
|                      |   |   |       |   |   |   |   |   |   |   |   |   |   |   |    |   |
| Balance, April 30, 2010   |   |   | 60,000,000 |   |   | $      | 6,000  |   |   | $      | 24,000 |   |   | $      | (89,295 | )      |

----

|                                                                        |   |     Nine MonthsEndedApril 30, 2010 |    |          |   Nine Months EndedApril 30, 2009 |   |    | CumulativeAmounts FromInception on July 8, 2003ToApril 30, 2010 |   |
|-----------------------------------------------------------------------------|--------|-------------------------------------------------------------|---------|---------------|--------------------------------------------------|--------|---------|----------------------------------------------------------------------|--------|
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |
| OPERATING ACTIVITIES                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |
| Net loss                                                                    |   | $                                                           | (33,842 | )             |                                             | $      | (14,193 | )                                                                    |   | $ | (119,295 | )    |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Impairment on mineral property                                              |   |                                                        | -       |          |                                             |   | -       |                                                                 |   |   | 875 |   |
| Loss on disposal of interest in oil and gas property                        |   |                                                        | -       |          |                                             |   | -       |                                                                 |   |   | 330 |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Change in non-cash working capital items:                                   |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Increase in accounts payable and accrued liabilities                        |   |                                                        | 28,186  |          |                                             |   | 14,246  |                                                                 |   |   | 83,729 |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Net cash (used) in provided by operating activities                         |   |                                                        | (5,656  | )             |                                             |   | 53      |                                                                 |   |   | (34,361 | ) |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| INVESTING ACTIVITIES                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Purchase of interests in oil and gas properties                             |   |                                                        | (46,250 | )             |                                             |   | -       |                                                                 |   |   | (50,080 | ) |
| Disposal of interest in oil and gas property                                |   |                                                        | -       |          |                                             |   | -       |                                                                 |   |   | 3,500 |   |
| Purchase of undeveloped mineral property                                    |   |                                                        | -       |          |                                             |   | -       |                                                                 |   |   | (876 | ) |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Net cash used in investing activities                                       |   |                                                        | (46,250 | )   |                                             |   | -       |                                                                 |   |   | (47,456 | ) |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| FINANCING ACTIVITIES                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Loan payable                                                                |   |                                                        | 55,000  |          |                                             |   | -       |                                                                 |   |   | 55,000 |   |
| Sale of common stock                                                        |   |                                                        | -       |          |                                             |   | -       |                                                                 |   |   | 30,000 |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Net cash provided by financing activities                                   |   |                                                        | 55,000  |          |                                             |   | -       |                                                                 |   |   | 85,000 |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Net increase  in cash                                             |   |                                                        | 3,094   |          |                                             |   | 53      |                                                                 |   |   | 3,183 |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Cash, beginning of periods                                                  |   |                                                        | 89      |          |                                             |   | 53      |                                                                 |   |   | - |   |
|                                                                        |   |                                                        |    |          |                                             |   |    |                                                                 |   |   |   |   |
| Cash, end of periods                                                        |   | $                                                           | 3,183   |          |                                             | $      | 106     |                                                                 |   | $ | 3,183 |   |

----

----

|   | The accompanying unaudited condensed interim financial statements included herein were prepared from the records of the Company in accordance with Generally Accepted Accounting Principles in the United States.  In the opinion of management, the interim data includes all adjustments, consisting of normal recurring adjustments, necessary to provide a fair statement of the results of operations and financial position for the interim periods.  These unaudited interim financial statements should be read in conjunction with the Company’s audited financial statements for the year ended July 31, 2009. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | During the year ended July 31, 2004, the Company acquired six unpatented lode mining claims. The Company must incur annual assessment work of $100 for each claim or pay an annual maintenance fee of $140 per claim. These claims are located in western Luna County, New Mexico and are collectively known as the Home Ranch Prospect. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | No exploration efforts have been conducted on the Company’s mineral property and, accordingly, the ultimate recovery of the Company’s investment in mineral property is dependent upon the discovery of commercially profitable ore reserves through future exploration efforts and the subsequent development or sale of such reserves. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| i)     | Increased the number of authorized preferred stock to 250,000,000 shares with a par value of $0.0001 per share.  Of this amount, 10,000,000 shares of preferred stock will be designated as Series A Preferred Stock, with a par value of $0.0001 per share. |
|----------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ii)    | Decreased the number of authorized common stock to 500,000,000 shares with a par value of $0.0001 per share. |
|------------------|--------------------------------------------------------------------------------------------------------------|

----

----

| i)     | On May 11, 2010, the Company signed a loan agreement with Radium, for $50,000 at an interest rate of 6.5% per annum for a period of two years.  The proceeds of the loan will be used for working capital in connection with its proposed exploration programs.  The loan is unsecured, payable on demand and can be repaid anytime. |
|-----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ii)    | On May 15, 2010, the Company signed a loan commitment with Radium, to receive up to $1,000,000 by way of advances to December 31, 2011.  The advances will be subject to an interest rate of 7.5% per annum.  The Company will also issue to Radium 50,000 restricted common shares per $100,000 advanced.  All amounts advanced are payable within 36 months. |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ·     | We rely on external consultants for the preparation of our financial statements and reports.  As a result, our sole officer may not be able to identify errors and irregularities in the financial statements and reports. |
|---------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | We have a sole officer who is also the sole director.  Therefore, there is an inherent lack of segregation of duties and a limited independent governing board. |
|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·     | We rely on an external consultant for administration functions, some of which do not have standard procedures in place for formal review by our sole officer. |
|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Regulation S-K Number | Exhibit                                                                                            |
|-----------------------|----------------------------------------------------------------------------------------------------|
| 3.1                   | Articles of Incorporation (1)                                                                      |
| 3.2                   | Amendment to Articles of Incorporation (1)                                                         |
| 3.3                   | Bylaws (1)                                                                                         |
| 3.4                   | Certificate of Amendment to Articles of Incorporation (2)                                          |
| 3.5                   | Amended and Restated Bylaws (2)                                                                    |
| 4.1                   | Certificate of Designation of Rights, Preferences, and Privileges For Series A Preferred Stock (2) |
| 10.1                  | Notice of Mining Claims HR #1-6, recorded by Luna County, New Mexico, on March 24, 2004 (1)        |
| 10.2                  | Confirmation of Agreement with Leroy Halterman dated August 1, 2007 (1)                            |
| 10.3                  | Loan Commitment Letter from Wellington Financial Corporation dated August 1, 2007 (1)              |

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| Regulation S-K Number | Exhibit |
|-----------------------|---------|

| 10.4 | Notice of Intent to Hold the HR #1-6 Lode Mining Claims, filed with the Bureau of Land Management on August 15, 2007 (1)                 |
|------|------------------------------------------------------------------------------------------------------------------------------------------|
| 10.5 | Notice of Intent to Hold the HR #1-6 Lode Mining Claims recorded by Luna County, New Mexico, on August 17, 2007 (1)                      |
| 10.6 | Loan Commitment dated April 19, 2010 from Radium Ventures Corp. (3)                                                                      |
| 10.6 | Loan Commitment dated May 11, 2010 from Radium Ventures Corp. (3)                                                                        |
| 10.6 | Loan Agreement dated May 15, 2010 from Radium Ventures Corp. (3)                                                                         |
| 31.1 | Rule 15d-14(a) Certification of Armando Garcia                                                                                           |
| 32.1 | Certification of Armando Garcia Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |

| (1)     | Incorporated by reference to the exhibits to the registrant’s registration statement on Form SB-1 filed November 19, 2007, file number 333-147501. |
|------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)     | Incorporated by reference to the exhibits to the registrant’s current report on Form 8-K filed February 8, 2010, file number 333-147501. |
|------------------------|------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)     | Incorporated by reference to the exhibits to the registrant’s current report on Form 8-K filed April 19, 2010, file number 333-147501. |
|------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|

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|   | SIGNATURES |
|--------|------------|

|                      | HOMELAND RESOURCES LTD. |                                        |
|---------------------------|-------------------------|---------------------------------------------|
|                      |                    |                                        |   |
| Date:  June 14, 2010 | By:                     | /s/ Armando Garcia                     |   |
|                      |                    | Armando Garcia                              |   |
|                      |                    | President, Secretary, Treasurer             |   |
|                      |                    | (principal executive and financial officer) |   |

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