**UNITED STATES						SECURITIES AND EXCHANGE COMMISSION**Washington, D.C. 20549**FORM 10-QSB****[X]** Quarterly Report Pursuant To Section 13 Or 15(D) Of The Securities Exchange Act Of 1934				For the quarterly period ended **September 30, 2007****[  ]** 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.**(Name of small business issuer 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)                               (Zip Code)**604-889-8111**Issuer’s telephone number

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 [   ]  No  [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 November 13, 2007**Transitional Small Business Disclosure Format (check one): **Yes [  ]  No [X]**

1

****

****

****

****

----

**PART I**

**ITEM 1.     Financial Statements**The following consolidated interim unaudited financial statements of Cyprium Resources Inc. (the “Company”) for the three month period ended September 30, 2007 are included with this Quarterly Report on Form 10-QSB:

****

****
|            | (a)        | Consolidated Balance Sheets as of September 30, 2007 and December 31, 2006;                                                                                                                                                                                           |
|--------------------------------------------------------------|-----------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                    |                                               |                                                                                                                                                                                                                                                                       |
|                                                              | (b)                                           | Consolidated Statements of Operations for three months ended September 30, 2007 and for the nine months ended September 30, 2007 and for the nine months ended September 30, 2006 and for the period from January 1, 2006 (Inception) through September 30, 2007.     |
|                                                    |                                               |                                                                                                                                                                                                                                                                       |
|                                                              | (c)                                           | Consolidated Statements of Cash Flows for the three months ended September 30, 2007 and for the nine months ended September 30, 2007 and for the nine months ended September 30, 2006 and for the period from January 1, 2006 (Inception) through September 30, 2007. |
|                                                    |                                               |                                                                                                                                                                                                                                                                       |
|                                                              | (d)                                           | Condensed Notes to Financial Statements.                                                                                                                                                                                                                              |

2

----

| CYPRIUM RESOURCES, INC.               |
|---------------------------------------|
| (A Development Stage Company)         |
| Balance Sheet                         |
|                             |
|                                       |  |  |  |  |  September 30,  |  | December 31, |
|                                       |  |  |  |  | 2007 |  | 2006 |
|                                       |  |  |  |  |  |  |  |
|                                  |  |  |  |  |  |  | (Unaudited) |
|                             |  |  |  |  |  |  |  |
| ASSETS                                |  |  |  |  |  |
|                                       | Current Assets |  |  |  |
|                                       |  | Cash |  |  $       35,212 |  |  $                - |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  | Total Current Assets | 35,212 |  |                   - |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  |  | Total Assets |  $       35,212 |  |  $                - |
|                                       |  |  |  |  | ============ |  | ============ |
|                             |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
| LIABILITIES AND SHAREHOLDERS' DEFICIT |  |  |  |
|                                       | Current Liabilities |  |  |  |
|                                       |  | Accounts Payable |               700 |  |   |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  |  |  |  $            700 |  |  $                - |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       | Non Current Assets |  |  |  |
|                                       |  | Loans from Officer |  $                - |  |  $                - |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  | Total Non Current Assets |  $                - |  |  $                - |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  |  | Total Liabilities |  $            700 |  |  $                - |
|                                       |  |  |  |  |  |  |  |
|                        |  |  |  |  |  |  |  |
|                                       | Shareholders' Equity (Deficit) |  |  |  |
|                                       |  | Common Stock, $0.001 par value; authorized 75,000,000 |  |  |  |
|                                       |  |  | shares; issued and outstanding 3,625,000 shares |  $         3,625 |  |  $                - |
|                                       |  | Additional Paid-In Capital |           53,875 |  |                   - |
|                                       |  | Deficit accumulated during the development stage |          (22,988) |  |                   - |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  | Total Shareholders' Equity |  $       34,512 |  |  $                - |
|                                       |  |  |  |  |  |  |  |
|                             |  |  |  |  |  |  |  |
|                                       |  |  | Total Liabilities and Shareholders' Equity |  $       35,212 |  |  $                - |
|                                       |  |  |  |  | ============ |  | ============ |

----

| CYPRIUM RESOURCES, INC.              |
|--------------------------------------|
| (A Development Stage Company)        |
| Statement of Operations              |
|                       |
|                                      |  |  |  |  |  |  |  |  | For the Period |
|                                      |  |  |  |  |  |  |  |  | of Inception |
|                                      |  |  | For the  |  | For the  | For the  | from January 1, |
|                                      |  |  | 3 Months Ended |  | 9 Months Ended    | 9 Months Ended    | 2006, through |
|                                      |  |  | Sep. 30, 2007 |  | Sep. 30, 2007 |  | Sep. 30, 2006 |  | Sep. 30, 2007 |
|                                      |  |  |  |  |  |  |  |  |  |
|                            |  |  |  |  |  |  |  |  |  |
| Revenue                              |  $                   - |  |  $                    - |  |  $                   - |  |  $                   - |
|                            |  |  |  |  |  |  |  |  |  |
| Cost of Sales                        |                       - |  |                       - |  |                       - |  |                      - |
|                                      |  |  |  |  |  |  |  |  |  |
|                            |  |  |  |  |  |  |  |  |  |
| Operating Income                     |                       - |  |                       - |  |                       - |  |                      - |
|                            |  |  |  |  |  |  |  |  |  |
| General and Administrative Expenses: |  |  |  |  |  |  |
|                                      | Mining Leases |                4,500 |  |                 9,000 |  |                       - |  |                9,000 |
|                                      | Licenses & Permits |  |  |                   325 |  |                       - |  |                  325 |
|                                      | Professional Fees |              12,800 |  |               12,800 |  |                       - |  |              12,800 |
|                                      | Other Administrative Expenses |                    48 |  |                   863 |  |                       - |  |                  863 |
|                                      |  |  |  |  |  |  |  |  |  |
|                                      |  | Total General and |  |  |  |  |  |  |  |
|                                      |  |   Administrative Expenses |              17,348 |  |               22,988 |  |                       - |  |              22,988 |
|                                      |  |  |  |  |  |  |  |  |  |
|                            |  |  |  |  |  |  |  |  |  |
| Net Loss                             |  $         (17,348) |  |  $          (22,988) |  |  $                   - |  |  $         (22,988) |
|                                      |  |  | ============ |  | ============ |  | ============ |  | ============= |
|                            |  |  |  |  |  |  |  |  |  |
| Loss Per Common Share:               |  |  |  |  |  |  |  |
|                                      | Basic and Diluted |  $           (0.005) |  |  $           (0.009) |  |  $                   - |  |  |
|                                      |  |  | ============ |  | ============ |  | ============ |  | ============= |
|                            |  |  |  |  |  |  |  |  |  |
|                            |  |  |  |  |  |  |  |  |  |
| Weighted Average Shares              |  |  |  |  |  |  |  |
|                                      | Outstanding, Basic and Diluted: |          3,625,000 |  |  $       2,437,179 |  |  $                   - |  |  |
|                                      |  |  | ============ |  | ============ |  | ============ |  |  |

----

| CYPRIUM RESOURCES, INC.                           |
|---------------------------------------------------|
| (A Development Stage Company)                     |
| Statement of Cash Flows                           |
|                               |
|                                                   |  |  |  |  |  |  |  |  |  | For the Period |
|                                                   |  |  |  |  |  |  |  |  |  | of Inception |
|                                              |  |  |  | For the  | For the  | For the  |  | from January 1, |
|                                                   |  |  |  | 3 months							ended |  | 9 months							ended |  | 9 months							ended |  | 2006,							through |
|                                                   |  |  |  | Sep. 30, 2007 |  | Sep. 30, 2007 |  | Sep. 30, 2006 |  | Sep. 30, 2007 |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                         |  |  |  |  |  |  |  |  |  |  |
|  Cash flows from operating activities:  |  |  |  |  |  |  |  |
|                                                   |  Net loss  |  $     (17,348) |  |  $     (22,988) |  |  $                - |  |  $     (22,988) |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                                   |  Adjustments to reconcile net loss to  |  |  |  |  |  |  |  |
|                                                   |  net cash used by operating activities:  |  |  |  |  |  |  |  |
|                                                   |  Change in operating assets and liabilities:  |  |  |  |  |  |  |  |
|                                                   |  |  Increase in accounts payable and   |  |  |  |  |  |  |  |
|                                                   |  |  accrued liabilities  |               700 |  |              700 |  |                    - |  |               700 |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                                   |  |  Net cash (used by) operating  activities  |         (16,648) |  |        (22,288) |  |   |  |         (22,288) |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                         |  |  |  |  |  |  |  |  |  |  |
|  Cash flows from investing activities   |                   - |  |                  - |  |                    - |  |                   - |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                                   |  |  Net cash (used by) investing activities  |                   - |  |                  - |  |                    - |  |                   - |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                         |  |  |  |  |  |  |  |  |  |  |
|  Cash flows from financing activities:  |  |  |  |  |  |  |  |
|                                                   |  Common stock issued for cash  |                   - |  |          57,500 |  |                    - |  |          57,500 |
|                                                   |  Due to related parties  |             (987) |  |                  - |  |                    - |  |   |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                                   |  |  Net cash (used) provided by financing  |  |  |  |  |  |  |
|                                                   |  |  | activities |             (987) |  |          57,500 |  |                    - |  |          57,500 |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                         |  |  |  |  |  |  |  |  |  |  |
|  Net increase (decrease) in cash        |         (17,635) |  |          35,212 |  |                    - |  |          35,212 |
|                                         |  |  |  |  |  |  |  |  |  |  |
|  Cash, beginning of the period          |          52,847 |  |                  - |  |                    - |  |    -  |
|                                                   |  |  |  |  |  |  |  |  |  |  |
|                                         |  |  |  |  |  |  |  |  |  |  |
|  Cash, end of the period                |  $       35,212 |  |  $      35,212 |  |  $                - |  |  $       35,212 |
|                                                   |  |  |  | ============ |  | ============ |  | ============ |  | ============ |
|                                         |  |  |  |  |  |  |  |  |  |  |
|                                         |  |  |  |  |  |  |  |  |  |  |
|  Supplemental cash flow disclosure:     |  |  |  |  |  |  |  |
|                                                   |  Interest paid  |  $               - |  |  $              - |  |  $                - |  |  $               - |
|                                                   |  |  |  | ============ |  | ============ |  | ============ |  | ============ |
|                                                   |  Taxes paid  |  $               - |  |  $              - |  |  $                - |  |  $               - |
|                                                   |  |  |  | ============ |  | ============ |  | ============ |  | ============ |

----

**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.

****

****

****

****

****

****

****

****

**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 

6

----

> 
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 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 $22,988. The Company’s working capital has been generated through the sales of common stock.  Management has provided financial data since January 1, 2007, “Inception” in the financial statements, as a means to provide readers of the Company’s financial information to make informed investment decisions.

7

----

> 
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 September 30, 2007.				The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the three and six months ended September 30, 2007:				                                                                      3 months ended             9 months ended				                                                                       Sep. 30, 2007               Sep. 30, 2007Numerator:				Basic and diluted net loss per share:				Net Loss                                                          $ (17,348)                    $ (22,988)DenominatorBasic and diluted weighted average				   number of shares outstanding                         3,625,000                     2,437,179Basic and Diluted Net Loss Per Share             $    (0.005)                     $  (0.009)

**3.       Capital Structure**

> 
During the period from inception through June 30, 2007, 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.      |
|                                                                      |                    |                                                                           |
|                                                                                | During June, 2007: | Sold 800,000 shares of common stock at $0.02 per share, realizing $16.000 |

8

----

> 
As of September 30, 2007, 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					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

**5.       Litigation**

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

****

9

----

10

----

11

----

**FORWARD LOOKING STATEMENTS**

Certain matters discussed or referenced in this report, including expectation of increased revenues and continuing losses, our financing requirements, our capital expenditures and our prospects for the development of our grocery distribution business, are forward-looking statements. Other forward-looking statements may be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “believe”, “estimate”, “anticipate”, “intend”, “continue”, or similar terms, variations of such terms or the negative of such terms. All forward-looking statements speak only as of the date of this report, and we expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this report to reflect any change in our expectations with regard to such statements or any change in events, conditions or circumstances on which any such statement is based. Although such statements are based upon our current expectations, and we believe such expectations are reasonable, such expectations, and the forward-looking statements based on them, are subject to a number of factors, risks and uncertainties that could cause our actual results to differ materially from those described in the forward-looking statements, including those described below and in our other filings with the Securities and Exchange Commission.**ITEM 3.     Controls and Procedures.**As required by Rule 13a-15 under the Securities Exchange Act of 1934 (the "Exchange Act"), we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of September 30, 2007, being the date of our most recently completed fiscal quarter. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, Mr. John J. Sutherland. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are 

12

----

****

****

****

****

****

****

****

****

| (a)        | Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the registrant;                                                                                                                                                                                  |
|-----------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                     |
| (b)                            | Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the registrant are being made only in accordance with authorizations of management and directors of the registrant; and |
|                                     |
| (c)                            | Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the registrant's assets that could have a material effect on the financial statements.                                                                                                                                   |

13

----

**Item 1.     Legal Proceedings**We are not party to any legal proceedings.**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 September 30, 2007.**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 September 30, 2007.**Item 5.     Other Information**There were no material changes to the procedures by which security holders may recommend nominees to the registrant's board of directors.**Item 6.     Exhibits and Reports on Form 8K**

**EXHIBITS AND REPORTS ON FORM 8-K.**

**(a)   Exhibits and Index of Exhibits**

****

****

****

****

****

****

****

****

****

| **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 |

14

****

----

**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.				CYPRIUM RESOURCES INC.				By:     */s/ John J. Sutherland*           .          John J. Sutherland, President,**         **Chief Executive Officer and**         **Chief Financial Officer Director**         **Date: November 13, 2007

15

----