**UNITED STATES						SECURITIES AND EXCHANGE COMMISSION**Washington, D.C. 20549**FORM 10-Q**[x] Quarterly Report Pursuant To Section 13 Or 15(D) Of The Securities Exchange Act Of 1934				For the quarterly period ended **March 31, 2008**[  ] Transition Report Under Section 13 Or 15(D) Of The Securities Exchange Act Of 1934				For the transition period from _____ to _____**COMMISSION FILE NUMBER    333-145951****CYPRIUM RESOURCES INC.**(Exact name of registrant as specified in its charter)				               **NEVADA ****                                                   98-0521119**(State or other jurisdiction of incorporation or organization)                 (I.R.S. Employer Identification No.)**2170 Nelson Ave, Vancouver, BC, Canada V7V 2P7**(Address of principal executive offices, including zip code)**604-889-8111**(Issuer’s telephone number, including area code)

Check 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 small reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.				Large accelerated filer  [  ]                               Accelerated filer                   [  ]				Non-accelerated filer    [  ]                               Smaller reporting company   [x]				Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).   Yes [x]   No [  ]				State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date. 3,625,000 shares of common stock as of May 14, 2008****

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**PART I. FINANCIAL INFORMATION**

**Item 1.       Financial Statements**The following consolidated interim unaudited financial statements of Cyprium Resources Inc. (the “Company”) for the three month period ended March 31, 2008 are included with this Quarterly Report on Form 10-Q:

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|            | (a)        | Consolidated Balance Sheets as of March 31, 2008 and December 31, 2007;                                                                                                                                   |
|--------------------------------------------------------------|-----------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                    |                                               |                                                                                                                                                                                                           |
|                                                              | (b)                                           | Consolidated Statements of Operations for three months ended March 31, 2008 and for the three months ended March 31, 2007 and for the period from January 1, 2006 (Inception) through March 31, 2008.     |
|                                                    |                                               |                                                                                                                                                                                                           |
|                                                              | (c)                                           | Consolidated Statements of Cash Flows for the three months ended March 31, 2008 and for the three months ended March 31, 2007 and for the period from January 1, 2006 (Inception) through March 31, 2008. |
|                                                    |                                               |                                                                                                                                                                                                           |
|                                                              | (d)                                           | Condensed Notes to Financial Statements.                                                                                                                                                                  |

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| CYPRIUM RESOURCES, INC.               |
|---------------------------------------|
| (A Development Stage Company)         |
| Balance Sheet                         |
|                             |
|                                       |  |  |  |  |  |  |  |
|                                       |  |  |  |  | March 31,  |  | December 31, |
|                                       |  |  |  |  | 2008 |  | 2007 |
|                                       |  |  |  |  |  |  |  |
|                                       |  |  |  |  | (Unaudited) |  |  |
|                             |  |  |  |  |  |  |  |
| ASSETS                                |  |  |  |  |  |
|                                       | Current Assets |  |  |  |
|                                       |  | Cash |  |  $       19,764 |  | $21,537 |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  | Total Current Assets | 19,764 |  |           21,537 |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  |  | Total Assets |  $       19,764 |  | $21,537 |
|                                       |  |  |  |  | =========== |  | =========== |
|                             |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
| LIABILITIES AND SHAREHOLDERS' DEFICIT |  |  |  |
|                                       | Current Liabilities |  |  |  |
|                                       |  | Accounts Payable |  $            100 |  | $100 |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  |  |  |               100 |  |               100 |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       | Non Current Assets |  |  |  |
|                                       |  | Loans from Officer |                   - |  |   -   |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  | Total Non Current Assets |                   - |  |   -   |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  |  | Total Liabilities |               100 |  |               100 |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       | Shareholders' Equity (Deficit) |  |  |  |
|                                       |  | Common Stock, $0.001 par value; authorized 75,000,000 |  |  |  |
|                                       |  |  | shares; issued and outstanding 3,625,000 shares |             3,625 |  |             3,625 |
|                                       |  | Additional Paid-In Capital |           53,875 |  |           53,875 |
|                                       |  | Deficit accumulated during the development stage |          (37,836) |  |          (36,063) |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  | Total Shareholders' Equity |           19,664 |  |           21,437 |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  | Total Liabilities and Shareholders' Equity |  $       19,764 |  | $21,537 |
|                                       |  |  |  |  | =========== |  | =========== |

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| CYPRIUM RESOURCES, INC.              |
|--------------------------------------|
| (A Development Stage Company)        |
| Statement of Operations              |
| (Unaudited)                          |
|                            |  |  |  |  |  |  |  |  |
|                                      |  |  |  |  |  |  |  | Period of |
|                                      |  |  |  |  |  |  |  | Inception |
|                                      |  |  |  | For the  | For the  |  | Jan. 1, 2006 |
|                                      |  |  |  | 3 mo. ended |  | 3 mo. ended |  | through |
|                                      |  |  |  | March 31, |  | March 31, |  | March 31, |
|                                      |  |  |  | 2008 |  | 2007 |   | 2008 |
|                                      |  |  |  |  |  |  |  |  |
|                            |  |  |  |  |  |  |  |  |
| Revenue                              |  $                 - |  |  $                - |  |  $               - |
|                            |  |  |  |  |  |  |  |  |
| Cost of Sales                        |                     - |  |                    - |  |                   - |
|                                      |  |  |  |  |  |  |  |  |
|                            |  |  |  |  |  |  |  |  |
| Operating Income                     |                     - |  |                    - |  |                   - |
|                            |  |  |  |  |  |  |  |  |
| General and Administrative Expenses: |  |  |  |  |  |
|                                      | Mining Leases |                     - |  |             4,500 |  |             9,000 |
|                                      | Licenses & Permits |                     - |  |                100 |  |               425 |
|                                      | Consulting |                 300 |  |  |  |           22,783 |
|                                      | Professional Fees |              1,425 |  |                    - |  |             4,375 |
|                                      | Other Administrative Expenses |                   48 |  |                 21 |  |             1,253 |
|                                      |  |  |  |  |  |  |  |  |
|                                      |  | Total General and |  |  |  |  |  |
|                                      |  |   Administrative Expenses |              1,773 |  |             4,621 |  |           37,836 |
|                                      |  |  |  |  |  |  |  |  |
|                            |  |  |  |  |  |  |  |  |
| Net Loss                             |  $         (1,773) |  |  $        (4,621) |  |  $      (37,836) |
|                                      |  |  |  | =========== |  | =========== |  | =========== |
|                            |  |  |  |  |  |  |  |  |
| Loss Per Common Share:               |  |  |  |  |  |
|                                      | Basic and Diluted |  $           (0.00) |  |  $         (0.00) |  |  |
|                                      |  |  |  | =========== |  | =========== |  |  |
|                            |  |  |  |  |  |  |  |  |
|                            |  |  |  |  |  |  |  |  |
| Weighted Average Shares              |  |  |  |  |  |
|                                      | Outstanding, Basic and Diluted: |        3,625,000 |  |       1,333,333 |  |  |
|                                      |  |  |  | =========== |  | =========== |  |  |

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| CYPRIUM RESOURCES, INC.                              |
|------------------------------------------------------|
| (A Development Stage Company)                        |
| Statement of Cash Flows                              |
| (Unaudited)                                          |
|                                            |  |  |  |  |  |  |  | Period of |
|                                                      |  |  |  |  |  |  |  | Inception |
|                                                      |  |  |  | For the  | For the  |  | Jan. 1, 2006 |
|                                                 |  |  |  | 3 mo. ended |  | 3 mo. ended |  | through |
|                                                      |  |  |  | Mar. 31 |  | Mar. 31 |  | Mar. 31, |
|                                                      |  |  |  | 2008 |  | 2007 |  | 2008 |
|                                                      |  |  |  |  |  |  |  |  |
|                                            |  |  |  |  |  |  |  |  |
|  Cash flows from operating activities:     |  |  |  |  |  |
|                                                      |  Net loss  |  $       (1,773) |  |  $        (4,621) |  |  $      (37,836) |
|                                                      |  |  |  |  |  |  |  |  |
|                                                      |  Adjustments to reconcile net loss to  |  |  |  |  |  |
|                                                      |  net cash used by operating activities:  |  |  |  |  |  |
|  Change in operating assets, liabilities:  |  |  |  |  |  |
|                                                      |  |  Increase (decrease) in accounts  |  |  |  |  |  |
|                                                      |  |  payable and accrued liabilities  |                  - |  |                    - |  |               100 |
|                                                      |  |  |  |  |  |  |  |  |
|                                                      |  |  Net cash (used by) operating  |  |  |  |  |  |
|                                                      |  |  | activities  |          (1,773) |  |            (4,621) |  |          (37,736) |
|                                                      |  |  |  |  |  |  |  |  |
|                                            |  |  |  |  |  |  |  |  |
|  Cash flows from investing activities      |                  - |  |                    - |  |                   - |
|                                                      |  |  |  |  |  |  |  |  |
|                                                      |  |  Net cash (used by) investing   |   |  |   |  |   |
|                                                      |  |  | activities |                  - |  |                    - |  |                   - |
|                                                      |  |  |  |  |  |  |  |  |
|                                            |  |  |  |  |  |  |  |  |
|  Cash flows from financing activities:     |  |  |  |  |  |
|                                                      |  Common stock issued for cash  |                  - |  |            15,000 |  |           57,500 |
|                                                      |  Due to related parties  |                  - |  |                    - |  |   |
|                                                      |  |  |  |  |  |  |  |  |
|                                                      |  |  Net cash (used) provided by  |  |  |  |  |  |
|                                                      |  |  | financing activities |                  - |  |            15,000 |  |           57,500 |
|                                                      |  |  |  |  |  |  |  |  |
|                                            |  |  |  |  |  |  |  |  |
|  Net increase (decrease) in cash           |          (1,773) |  |            10,379 |  |           19,764 |
|                                            |  |  |  |  |  |  |  |  |
|  Cash, beginning of the period             |          21,537 |  |                    - |  |    -  |
|                                                      |  |  |  |  |  |  |  |  |
|                                            |  |  |  |  |  |  |  |  |
|  Cash, end of the period                   |  $      19,764 |  |  $        10,379 |  |  $       19,764 |
|                                                      |  |  |  | =========== |  | =========== |  | =========== |
|                                            |  |  |  |  |  |  |  |  |
|                                            |  |  |  |  |  |  |  |  |
|  Supplemental cash flow disclosure:        |  |  |  |  |  |
|                                                      |  Interest paid  |  $               - |  |  $                - |  |  $                - |
|                                                      |  |  |  | =========== |  | =========== |  | =========== |
|                                                      |  Taxes paid  |  $               - |  |  $                - |  |  $                - |
|                                                      |  |  |  | =========== |  | =========== |  | =========== |

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**Cyprium Resources, Inc.****(A Developmental Stage Company)****Notes to Financial Statements****March 31, 2008**

**1.       Organization**

> 
Cyprium Resources, Inc. (the “Company”) was incorporated under the laws of the State of Nevada December 22, 2006.  The company was formed for mineral exploration in the United States.  The Company entered into a Mineral Lease Agreement on January 15, 2007 for 10 mining claims in Utah, known as the King claims.

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**2.       Summary of Significant Accounting Policies**
> 
Basis of PresentationThe financial statements of the Company have been prepared using the accrual basis of accounting in accordance with generally accepted accounting principles in the United States.  Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgment.Use of EstimatesThe preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period.  Actual results could differ materially from those estimates. Significant estimates made by management are, among others, realizability of long-lived assets, deferred taxes and stock option valuation.					The financial statements have, in management’s opinion, been properly prepared within the reasonable limits of materiality and within the framework of the significant accounting.Income TaxesThe Company utilizes SFAS No. 109, “Accounting for Income Taxes,” which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns.  Under this method, deferred tax assets and liabilities are determined based on the difference between the tax basis of assets and liabilities and their financial reporting amounts based on enacted tax laws and statutory tax rates applicable to the

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**Cyprium Resources, Inc.****(A Developmental Stage Company)****Notes to Financial Statements****March 31, 2008**

> 
periods in which the differences are expected to affect taxable income.  Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. The Company generated a deferred tax credit through net operating loss carryforward.  However, a valuation allowance of 100% has been established, as the realization of the deferred tax credits is not reasonably certain, based on going concern considerations outlined as follows.Going ConcernThe Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business.  The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.   The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.  If the Company is unable to obtain adequate capital, it could be forced to cease development of operations.					The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish its plans to exploit or lease its mining claim described in the initial paragraph, or engage a working interest partner, in order to   eventually secure other sources of financing and attain profitable operations.  The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amount and classifications or liabilities or other adjustments that might be necessary should the Company be unable to continue as a going concern.Development-Stage CompanyThe Company is considered a development-stage company, with limited operating revenues during the periods presented, as defined by Statement of Financial Accounting Standards (“SFAS”) No. 7.  SFAS.  No. 7 requires companies to report their operations, shareholders deficit and cash flows since inception through the date that revenues are generated from management’s intended operations, among other things.  Management has defined inception as January 1, 2006. Since inception, the Company has incurred an operating loss of $37,836. The Company’s working capital has been generated through the sales of common stock.  Management has provided financial data since January 1, 2006, “Inception” in the financial statements, as a means to provide readers of the Company’s financial information to make informed investment decisions.

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**Cyprium Resources, Inc.****(A Developmental Stage Company)****Notes to Financial Statements****March 31, 2008**

> 
Basic and Diluted Net Loss Per ShareNet loss per share is calculated in accordance with SFAS 128, Earnings Per Share for the period presented.  Basic net loss per share is based upon the weighted average number of common shares outstanding.  Diluted net loss per share is based on the assumption that all dilative convertible shares and stock options were converted or exercised.  Dilution is computed by applying the treasury stock method.  Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby we used to purchase common stock at the average market price during the period.					The Company has no potentially dilutive securities outstanding as of March 31, 2008.						The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the three months ended March 31,					                                                                                      2008                        2007Numerator:					Basic and diluted net loss per share:					Net Loss                                                                     $  (1,773)               $  (4,621)DenominatorBasic and diluted weighted average					   number of shares outstanding                                    3,625,000              1,333,333Basic and Diluted Net Loss Per Share                          $    (0.00)                $  (0.00)

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**3.       Capital Structure**
> 
During the period from inception through March 31, 2008, the Company entered into the following equity transactions:

|                 | January 10, 2007:  | Sold 1,500,000 shares of common stock at $.01 per share for $15,000. |
|--------------------------------------------------------------------------------------------|-------------------------|---------------------------------------------------------------------------|
|                                                                                  |                         |                                                                           |
|                                                                                            | During May, 2007:       | Sold 1,325,000 shares of common stock at $.02 per share for $26,500.      |

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**Cyprium Resources, Inc.****(A Developmental Stage Company)****Notes to Financial Statements****March 31, 2008**

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|                 | During June, 2007: | Sold 800,000 shares of common stock at $0.02 per share, realizing $16.000 |
|--------------------------------------------------------------------------------------------|--------------------|---------------------------------------------------------------------------|
> 
As of March 31, 2008, the Company has authorized, 75,000,000 of $0.001 par common stock, of which 3,625,000 shares were issued and outstanding.

**4.       Commitments**
> 
On January 15, 2007 the Company entered into a 20 year lease agreement with the owner of 10 mining claims situated in Utah, known as the King claims. The agreement requires a royalty of 2 1⁄2 % of net returns, as defined by the agreement, paid quarterly in arrears.  Minimum royalty payments are to be paid on August 15 annually:

                                   Due1st year             August  15, 2007                      $   4,500  Paid						2nd year            August  15, 2008                      $   4,500						3rd year             August  15, 2009                      $   4,500						4th year             August  15, 2010                      $   4,500						5th year             August  15, 2011                      $   4,500

Annually thereafter on August 15, ending August 15, 2026: $   4,500.					In addition, Cyprium Resources, Inc. is required by the agreement to perform $5,000 of work on the property on or before the second anniversary date of the agreement, January 15, 2009.

**5.       Contingencies, Litigation**

> 
There are no loss contingencies or significant legal proceedings against the Company with respect to matters arising in the ordinary course of business.

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**PART II. OTHER INFORMATION**

**Item 1.       Legal Proceedings**None.**Item 1(a)    Risk Factors**There have been no changes to our risk factors from those disclosed in our Registration Statement filed on Form SB-2 on September 10, 2007.**Item 2.       Unregistered Sales of Equity Securities**We did not issue any securities without registration pursuant to the Securities Act of 1933 during the three months ended March 31, 2008.**Item 3.       Defaults Upon Senior Securities**None**Item 4.       Submission of Matters to a Vote of Securities Holders**No matters were submitted to our security holders for a vote during the quarter of our fiscal year ending March 31, 2008.**Item 5.       Other Information**None.**Item 6.       Exhibits**

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| **Exhibit							Number** | **Description of Exhibit**                                                                                                                                                    |
|--------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1                     | Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| 32.1                     | Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.				CYPRIUM RESOURCES INC.				By:       */s/ John J. Sutherland*           .            John J. Sutherland, President,				           Chief Executive Officer and				           Chief Financial Officer Director				           Date: May 14, 2008

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