UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

    FOR THE QUARTERLY PERIOD ENDED MAY 31, 2008

                        Commission File Number 333-146344


                            CENTAURUS RESOURCES CORP.
             (Exact name of registrant as specified in its charter)

                                    Delaware
         (State or other jurisdiction of incorporation or organization)

                                 721 Devon Court
                               San Diego, CA 92109
          (Address of principal executive offices, including zip code.)

                                 (858) 488-4433
                     (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 last 90 days. YES [X] NO [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer, "accelerated filer,"
"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: 2,500,000 shares as of June 11, 2008
<PAGE>
ITEM 1. FINANCIAL STATEMENTS

The un-audited quarterly financial statements for the period ended May 31, 2008,
prepared by the company, immediately follow.



                                       2
<PAGE>
                            Centaurus Resources Corp.
                         (An Exploration Stage Company)
                                 Balance Sheets
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                           (Unaudited)
                                                                              As of              As of
                                                                             May 31,           August 31,
                                                                              2008               2007
                                                                            --------           --------
<S>                                                                         <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                                      $ 20,828           $  5,973
                                                                            --------           --------
TOTAL CURRENT ASSETS                                                          20,828              5,973
                                                                            --------           --------

      TOTAL ASSETS                                                          $ 20,828           $  5,973
                                                                            ========           ========

                  LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
  Liabilities                                                               $     --           $     --
                                                                            --------           --------
TOTAL CURRENT LIABILITIES                                                         --                 --
                                                                            --------           --------

      TOTAL LIABILITIES                                                           --                 --

STOCKHOLDERS' EQUITY (DEFICIT)
  Common stock, ($0.0001 par value, 80,000,000 shares authorized;
   2,500,000 shares issued and 1,500,000 issued and
   outstanding as of May 31, 2008 and Aug.31, 2007, respectively.)               250                150
  Additional paid-in capital                                                  39,750             14,850
  Deficit accumulated during development stage                               (19,172)            (9,027)
                                                                            --------           --------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                          20,828              5,973
                                                                            --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)                    $ 20,828           $  5,973
                                                                            ========           ========
</TABLE>


                     See Notes to the Financial Statements

                                       3
<PAGE>
                           Centaurus Rescources, Corp.
                         (An Exploration Stage Company)
                       Statements of Operation (Unaudited)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                          July 23,2007
                                                 Three Months         Nine Months          (inception)
                                                    Ended                Ended               through
                                                   May 31,              May 31,              May 31,
                                                    2008                 2008                 2008
                                                 ----------           ----------           ----------
<S>                                              <C>                  <C>                  <C>
REVENUES                                         $       --           $       --           $       --

GENERAL & ADMINISTRATIVE EXPENSES                     2,990               10,145               19,172
                                                 ----------           ----------           ----------

TOTAL GENERAL & ADMINISTRATIVE EXPENSES               2,990               10,145               19,172
                                                 ----------           ----------           ----------

NET INCOME (LOSS)                                $   (2,990)          $  (10,145)          $  (19,172)
                                                 ==========           ==========           ==========

BASIC EARNINGS (LOSS) PER SHARE                  $    (0.00)          $    (0.00)
                                                 ==========           ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                        2,500,000            2,058,394
                                                 ==========           ==========
</TABLE>


                     See Notes to the Financial Statements

                                       4
<PAGE>
                            Centaurus Resources Corp.
                         (An Exploration Stage Company)
                        Statements of Shareholders Equity
                 From July 23, 2007 (inception) to May 31, 2008
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                           Deficit
                                                                                         Accumulated
                                                               Common       Additional     During
                                                 Common        Stock         Paid-in     Development
                                                 Stock         Amount        Capital        Stage           Total
                                                 -----         ------        -------        -----           -----
<S>                                            <C>             <C>          <C>           <C>             <C>
Beginning balance, July 23, 2007                      --       $    --       $     --     $      --      $      --

Stock issued to founder on August 13, 2007
 @ $0.01 per share                             1,500,000           150         14,850                       15,000

Net loss, year ended August 31, 2007                                                         (9,027)        (9,027)
                                               ---------       -------       --------     ---------      ---------
BALANCE, AUGUST 31, 2007                       1,500,000           150         14,850        (9,027)         5,973
                                               ---------       -------       --------     ---------      ---------

Stock issued for cash on December 31, 2007     1,000,000           100         24,900                       25,000
 @ $0.025 per share

Net loss, nine months ended May 31, 2008                                                    (10,145)       (10,145)
                                               ---------       -------       --------     ---------      ---------

BALANCE, MAY 31, 2008 (UNAUDITED)              2,500,000       $   250       $ 39,750     $ (19,172)     $  20,828
                                               =========       =======       ========     =========      =========
</TABLE>


                     See Notes to the Financial Statements

                                       5
<PAGE>
                            Centaurus Resources Corp.
                         (An Exploration Stage Company)
                       Statements of Cash Flow (Unaudited)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                     July 23,2007
                                                                Three Months       Nine Months        (inception)
                                                                   Ended              Ended             through
                                                                  May 31,            May 31,            May 31,
                                                                   2008               2008               2008
                                                                 --------           --------           --------
<S>                                                              <C>                <C>                <C>
CASH FLOW FROM OPERATING ACTIVITIES
  Net income (loss)                                              $ (2,990)          $(10,145)          $(19,172)
  Increase (decrease) in accounts payable                              --                 --
                                                                 --------           --------           --------
          NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES      (2,990)           (10,145)           (19,172)

CASH FLOW FROM INVESTING ACTIVITIES

          NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES

CASH FLOW FROM FINANCING ACTIVITIES
  Increase in loan from director
  Issuance of common stock                                             --                100                250
  Additional paid in capital                                           --             24,900             39,750
                                                                 --------           --------           --------
          NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES          --             25,000             40,000
                                                                 --------           --------           --------

NET INCREASE (DECREASE) IN CASH                                    (2,990)            14,855             20,828

CASH AT BEGINNING OF PERIOD                                        23,818              5,973                 --
                                                                 --------           --------           --------

CASH AT END OF PERIOD                                            $ 20,828           $ 20,828           $ 20,828
                                                                 ========           ========           ========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
  Interest paid                                                  $     --           $     --           $     --
                                                                 ========           ========           ========

  Income taxes paid                                              $     --           $     --           $     --
                                                                 ========           ========           ========
</TABLE>


                     See Notes to the Financial Statements

                                       6
<PAGE>
                            Centaurus Resources Corp.
                         (An Exploration Stage Company)
                    Notes To Financial Statements (Unaudited)
                                  May 31, 2008


NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Centaurus  Resources Corp. (the Company) was incorporated on July 23, 2007 under
the laws of the State of Delaware,  and  established a fiscal year end of August
31. The Company is  primarily  engaged in the  acquisition  and  exploration  of
mining properties.

The Company has been in the  exploration  stage since its  formation and has not
yet  realized  any revenues  from its planned  operations.  Upon the location of
commercially  mineable  reserves,  the  Company  plans to  prepare  for  mineral
extraction and enter the development stage.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

The Company  reports revenue and expenses using the accrual method of accounting
for financial and tax reporting purposes.

USE OF ESTIMATES

Management   uses  estimates  and   assumptions  in  preparing  these  financial
statements in accordance with generally accepted  accounting  principles.  Those
estimates and assumptions affect the reported amounts of assets and liabilities,
the disclosure of contingent  assets and liabilities,  and the reported revenues
and expenses.

MINERAL PROPERTY ACQUISITION AND EXPLORATION COSTS

The Company  expenses all costs related to the  acquisition  and  exploration of
mineral  properties  in  which  it  has  secured  exploration  rights  prior  to
establishment  of proven and  probable  reserves.  To date,  the Company has not
established the commercial feasibility of any exploration prospects;  therefore,
all costs are being expensed.

DEPRECIATION, AMORTIZATION AND CAPITALIZATION

The Company records depreciation and amortization,  when appropriate, using both
straight-line  and declining  balance methods over the estimated  useful life of
the assets (five to seven years).  Expenditures  for maintenance and repairs are
charged to expense as incurred.  Additions, major renewals and replacements that
increase the property's  useful life are capitalized.  Property sold or retired,
together  with  the  related  accumulated   depreciation  is  removed  from  the
appropriate accounts and the resultant gain or loss is included in net income.

                                       7
<PAGE>
                            Centaurus Resources Corp.
                         (An Exploration Stage Company)
                    Notes To Financial Statements (Unaudited)
                                  May 31, 2008


INCOME TAXES

The Company  accounts  for its income  taxes in  accordance  with  Statement  of
Financial  Accounting  Standards No. 109,  "Accounting for Income Taxes".  Under
Statement  109,  a  liability  method is used  whereby  deferred  tax assets and
liabilities are determined based on temporary differences between basis used for
financial reporting and income tax reporting purposes. Income taxes are provided
based on tax rates in effect at the time such temporary differences are expected
to reverse. A valuation allowance is provided for certain deferred tax assets if
it is more  likely than not,  that the  Company  will not realize the tax assets
through future operations.

FAIR VALUE OF FINANCIAL INSTRUMENTS

Statement of Financial  Accounting  Standards No. 107,  "Disclosures  about Fair
Value  of  Financial  Instruments",  requires  the  Company  to  disclose,  when
reasonably  attainable,  the fair  market  values of its assets and  liabilities
which  are  deemed  to  be  financial   instruments.   The  Company's  financial
instruments consist primarily of cash and certain investments.

INVESTMENTS

Investments  that are  purchased in other  companies are valued at cost less any
impairment in the value that is other than temporary in nature.

PER SHARE INFORMATION

The Company  computes  per share  information  by dividing  the net loss for the
period  presented by the weighted  average number of shares  outstanding  during
such period.

NOTE 3 - PROVISION FOR INCOME TAXES

Realization of deferred tax assets is dependent upon  sufficient  future taxable
income   during  the  period   that   deductible   temporary   differences   and
carry-forwards  are expected to be available to reduce  taxable  income.  As the
achievement of required future taxable income is uncertain, the Company recorded
a valuation allowance.

                                       8
<PAGE>
                            Centaurus Resources Corp.
                         (An Exploration Stage Company)
                    Notes To Financial Statements (Unaudited)
                                  May 31, 2008


                                                              As of May 31, 2008
                                                              ------------------
     Deferred tax assets:
     Net Operating tax carryforwards                               $ 2,876
     Other                                                               0
     Gross deferred tax assets                                     $ 2,876
     Valuation allowance                                           $(2,876)
                                                                   -------

     Net deferred tax assets                                       $     0
                                                                   =======

NOTE 4 - COMMITMENTS AND CONTINGENCIES

LITIGATION

The Company is not presently involved in any litigation.

NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

Recently issued accounting pronouncements will have no significant impact on the
Company and its reporting methods.

NOTE 6 - GOING CONCERN

Future  issuances of the Company's equity or debt securities will be required in
order for the Company to continue to finance its  operations  and  continue as a
going concern. The Company's present revenues are insufficient to meet operating
expenses.

The financial  statements  of the Company have been  prepared  assuming that the
Company  will  continue  as a going  concern,  which  contemplates,  among other
things,  the  realization of assets and the  satisfaction  of liabilities in the
normal course of business.  The Company has incurred  cumulative net losses of $
19,172 since its inception and requires capital for its contemplated operational
and  marketing  activities  to  take  place.  The  Company's  ability  to  raise
additional capital through the future issuances of common stock is unknown.  The
obtainment of additional financing,  the successful development of the Company's
contemplated  plan  of  operations,  and  its  transition,  ultimately,  to  the
attainment  of profitable  operations  are necessary for the Company to continue
operations.  The ability to successfully resolve these factors raise substantial
doubt about the Company's ability to continue as a going concern.  The financial
statements  of the Company do not include any  adjustments  that may result from
the outcome of these aforementioned uncertainties.

                                       9
<PAGE>
                            Centaurus Resources Corp.
                         (An Exploration Stage Company)
                    Notes To Financial Statements (Unaudited)
                                  May 31, 2008


NOTE 7 - RELATED PARTY TRANSACTIONS

Robert C. Weaver Jr.,  the sole  officer and director of the Company may, in the
future,  become  involved  in  other  business   opportunities  as  they  become
available,  thus he may face a conflict in selecting between the Company and his
other  business  opportunities.  The Company has not formulated a policy for the
resolution of such conflicts.

NOTE 8 - STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph 8 of Statement of Financial  Accounting  Standards  123.  Transactions
with  employees'  stock issuance are in accordance  with  paragraphs  (16-44) of
Statement  of Financial  Accounting  Standards  123.  These  issuances  shall be
accounted for based on the fair value of the consideration  received or the fair
value  of  the  equity   instruments   issued,  or  whichever  is  more  readily
determinable.

On August 13,  2007 the  Company  issued a total of  1,500,000  shares of common
stock to one  director  for cash in the amount of $0.01 per share for a total of
$15,000.

On December 31, 2007 the Company  issued a total of  1,000,000  shares of common
stock for cash in the amount of $0.025 per share for a total of $25,000.

As of May 31, 2008 the Company had  2,500,000  shares of common stock issued and
outstanding.

NOTE 9 - STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of May 31, 2008:

Common stock, $ 0.0001 par value: 80,000,000 shares authorized; 2,500,000 shares
issued and outstanding.

                                       10
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

BUSINESS

We are an exploration stage company engaged in the acquisition and exploration
of mineral properties. Centaurus Resources Corp. was incorporated in the State
of Delaware on July 23, 2007. We currently own a 100% undivided interest in a
mineral property, the Whale 1 & 2 Lode Claims located in the State of Nevada
that we call the "Whale Property." The Whale Property consists of an area of
approximately 40 acres located in the Yellow Pine Mining District in Clark
County, Nevada.

RESULTS OF OPERATIONS

We are still in our exploration stage and have generated no revenues to date.

We incurred operating expenses of $2,990 for the three months ended May 31,
2008. These expenses consisted of general operating expenses and professional
fees incurred in connection with the day to day operation of our business and
the preparation and filing of our reports with the Securities and Exchange
Commission.

Our net loss from inception through May 31, 2008 was $19,172. As we were
incorporated on July 23, 2007, there are no comparative figures from previous
years.

Our auditors have issued a going concern opinion. This means that there is
substantial doubt that we can continue as an on-going business for the next
twelve months unless we obtain additional capital to pay our bills. This is
because we have not generated revenues and no revenues are anticipated until we
begin removing and selling minerals. There is no assurance we will ever reach
that point.

LIQUIDITY AND CAPITAL RESOURCES

Our cash balance at May 31, 2008 was $20,828 and we had no outstanding
liabilities. Since inception we have sold $40,000 in equity securities. On
August 13, 2007 we issued a total of 1,500,000 shares of common stock to our
director for cash in the amount of $0.01 per share or $15,000. On December 31,
2007 we issued a total of 1,000,000 shares of common stock for cash in the
amount of $0.025 per share or $25,000, pursuant to our SB-2 Registration
Statement filed with the Securities and Exchange Commission under file number
333-146344, which became effective on October 19, 2007.

If we experience a shortage of funds prior to generating revenue from operations
we may utilize funds from our director who has informally agreed to advance
funds to allow us to pay for business operations, however, our director has no
formal commitment, arrangement or legal obligation to advance or loan funds to
us.

                                       11
<PAGE>
PLAN OF OPERATION

Our plan of operation for the twelve months is to complete the first two phases
of the exploration program on our claims consisting of trenching and prospecting
over known mineralized zones, sampling and magnetometer and VLF electromagnetic
surveys. In addition to the $15,500 we anticipate spending for the first two
phases of the exploration program as outlined below, we anticipate spending an
additional $4,500 on professional fees, including fees payable in complying with
reporting obligations, and general administrative costs. Total expenditures over
the next 12 months are therefore expected to be approximately $20,000.

The following work program has been recommended by the professional geologist
who prepared the geology report for our Whale 1 & 2 Lode Claims located in the
Yellow Pine Mining District, Clark County, Nevada.

The following three phase exploration proposal and cost estimates are offered
with the understanding that consecutive phases are contingent upon positive
(encouraging) results being obtained from each preceding phase and additional
funding for Phase 3:

Phase 1     Trenching and prospecting over known                    $5,500
            Mineralized zones

Phase 2     VLF - EM and magnetometer surveys,                      $10,000
            sampling

Phase 3     Test diamond drilling of the prime targets              $65,000
                                                                    -------

            TOTAL ESTIMATED COSTS                                   $80,500
                                                                    =======

The above program costs are management's estimates based upon the
recommendations of the professional mining geologist's report and the actual
project costs may exceed our estimates. To date, we have not commenced
exploration.

We anticipate commencing the first phase of our exploration program during
summer, 2008. We have a verbal agreement with Laurence Sookochoff, the
professional geologist who prepared the geology report on the Whale 1 & 2 Lode
mining claims, to retain his services for our planned exploration program. We
will require additional funding to proceed with the Phase 3 exploration work on
the claim. At this date, we have no current plans on how to raise the additional
funding. We cannot provide investors with any assurance that we will be able to
raise sufficient funds to proceed with any work after the first two phases of
the exploration program.

                                       12
<PAGE>
ITEM 4. CONTROLS AND PROCEDURES.

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have no identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

                           PART II. OTHER INFORMATION

ITEM 6. EXHIBITS.

The following exhibits are included with this quarterly filing. Those marked
with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our original Form SB-2
Registration Statement, filed under SEC File Number 333-144279, at the SEC
website at www.sec.gov:

     Exhibit No.                       Description
     -----------                       -----------

        3.1         Articles of Incorporation*
        3.2         Bylaws*
       31.1         Sec. 302 Certification of Principal Executive Officer
       31.2         Sec. 302 Certification of Principal Financial Officer
       32.1         Sec. 906 Certification of Principal Executive Officer
       32.2         Sec. 906 Certification of Principal Financial Officer

                                       13
<PAGE>
                                   SIGNATURES

Pursuant to the requirements of Section 13(a) or 15(d) 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.

June 11, 2008                         Centaurus Resources Corp., Registrant


                                      By: /s/ Robert C. Weaver, Jr.
                                          --------------------------------------
                                          Robert C. Weaver, Jr., President and
                                          Chief Executive Officer

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.

June 11, 2008                         Centaurus Resources Corp., Registrant


                                      By: /s/ Robert C. Weaver, Jr.
                                         ---------------------------------------
                                         Robert C. Weaver, Jr., President,
                                         Secretary and Treasurer Chief Financial
                                         Officer (Principal Executive Officer
                                         and Principal Accounting Officer)


                                       14