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 November 30, 2010

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
ACT OF 1934
              For the transition period from ________ to ________
                          Commission file # 001-34039

                             CASTMOR RESOURCES LTD.
             (Exact Name of Registrant as Specified in its Charter)

                                     NEVADA
         (State or other jurisdiction of incorporation or organization)

                                   98-0471928
                    (I.R.S. Employer Identification number)

                         427 Princess Street, Suite 406
                             Kingston, ON  K7L 5S9
                    (Address of principal executive offices)

                   Issuer's telephone number: (613) 617-5107

           Securities registered under Section 12(b) of the Act: NONE

   Securities registered pursuant to Section 12(g) of the Act:
                        COMMON STOCK, $0.0001 PAR VALUE

Indicate  by check mark whether the registrant (1) filed all reports required to
be  filed  by  Section  13  or 15(d) of the Exchange Act during the preceding 12
months  (or  for  such  shorter period that the Issuer 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 smaller reporting company.  See
the  definitions  of "large accelerated filer," "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  [   ]  No  [X]

As of January 14, 2011, the registrant had 12,487,000 shares of its Common Stock
outstanding.


<PAGE>
                        PART I -- FINANCIAL INFORMATION

<TABLE>
<CAPTION>

CASTMOR RESOURCES LTD.
(An exploration stage company)

Balance Sheets
November 30, 2010
(Unaudited - Prepared by Management)
(Expressed in U.S. Dollars)

------------------------------------------------------------------------------------------------------
                                                                              November 30   August 31
                                                                                     2010        2010
------------------------------------------------------------------------------------------------------
<S>                                                                           <C>           <C>
ASSETS

CURRENT ASSETS
Cash and cash equivalents                                                     $    15,671   $  29,032
Prepaid expenses                                                                   14,649      63,806
------------------------------------------------------------------------------------------------------

TOTAL ASSETS                                                                  $    30,320   $  92,838
======================================================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

CURRENT LIABILITIES
Accounts payable and accrued liabilities                                            9,981       4,934
Promissory note - current (Note 4)                                                 52,014           -
------------------------------------------------------------------------------------------------------
                                                                                   61,995       4,934

LONG-TERM LIABILITIES
Promissory note (Note 4)                                                                -      50,000
------------------------------------------------------------------------------------------------------

TOTAL LIABILITIES                                                                  61,995      54,934
------------------------------------------------------------------------------------------------------

STOCKHOLDERS' EQUITY

SHARE CAPITAL
Authorized:
    100,000,000 preferred shares at a par value of $0.0001 per share
        Issued and outstanding:  Nil
    900,000,000 common shares with a par value of $0.0001 per share
        Issued and outstanding:  12,487,000 common shares                           1,249         249
                                (August 31, 2010:  2,487,000)

ADDITIONAL PAID-IN CAPITAL                                                        128,631      79,631
SHARE SUBSCRIPTIONS RECEIVED                                                            -      50,000

(DEFICIT) ACCUMULATED DURING THE EXPLORATION STAGE                               (161,555)    (91,976)
------------------------------------------------------------------------------------------------------

TOTAL STOCKHOLDERS' EQUITY                                                        (31,675)     37,904
------------------------------------------------------------------------------------------------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                    $    30,320   $  92,838
======================================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements.

<PAGE>
<TABLE>
<CAPTION>

CASTMOR RESOURCES LTD.
(An exploration stage company)

Statements of Stockholders' Equity
For the period from June 27, 2005 (inception) to November 30, 2010
(Unaudited - Prepared by Management)
(Expressed in U.S. Dollars)
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                               Deficit
                                                                                                          accumulated          Total
                                                                               Additional          Share       during  stockholders'
                                          Preferred Stock     Common Stock        paid-in  subscriptions  exploration         equity
                                          Shares  Amount     Shares    Amount     capital       received        stage   (deficiency)
<S>                                       <C>     <C>     <C>         <C>      <C>         <C>            <C>          <C>
Issuance of common stock for settlement        -  $    -   2,060,000  $   206  $     824   $          -   $        -   $      1,030
of debt July 16, 2005 ($0.0001 per share)

Loss and comprehensive loss for the period     -       -           -        -          -              -       (1,914)        (1,914)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2005                       -  $    -   2,060,000  $   206  $     824   $          -   $   (1,914)  $       (884)
------------------------------------------------------------------------------------------------------------------------------------

Issuance of common stock for cash              -  $    -     150,000  $    15  $  14,985   $          -   $        -   $     15,000
October 25, 2005 ($0.02 per share)

Issuance of common stock for settlement        -  $    -      36,000  $     4  $   3,596   $          -   $        -   $      3,600
of debt October 31, 2005 ($0.02 per share)

Loss and comprehensive loss for the year       -       -           -        -          -              -       (9,537)        (9,537)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2006                       -  $    -   2,246,000  $   225  $  19,405   $          -   $  (11,451)  $      8,179
------------------------------------------------------------------------------------------------------------------------------------

Loss and comprehensive loss for the year       -       -           -        -          -              -       (5,404)        (5,404)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2007                       -  $    -   2,246,000  $   225  $  19,405   $          -   $  (16,855)  $      2,775
------------------------------------------------------------------------------------------------------------------------------------

Issuance of common stock for cash,             -  $    -     241,000  $    24  $  60,226   $          -   $        -   $     60,250
November 30, 2007 ($0.05 per share)

Loss and comprehensive loss for the year       -       -           -        -          -              -      (19,035)       (19,035)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2008                       -  $    -   2,487,000  $   249  $  79,631   $          -   $  (35,890)  $     43,990
------------------------------------------------------------------------------------------------------------------------------------

Loss and comprehensive loss for the year       -       -           -        -          -              -      (28,906)       (28,906)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2009                       -  $    -   2,487,000  $   249  $  79,631   $          -   $  (64,796)  $     15,084
------------------------------------------------------------------------------------------------------------------------------------

Share subscriptions received                   -  $    -           -  $     -  $       -   $     50,000   $        -   $     50,000

Loss and comprehensive loss for the year       -       -           -        -          -              -      (27,180)       (27,180)
------------------------------------------------------------------------------------------------------------------------------------

Balance, August 31, 2010                       -  $    -   2,487,000  $   249  $  79,631   $     50,000   $  (91,976)  $     37,904
------------------------------------------------------------------------------------------------------------------------------------

Issuance of common stock for cash,             -  $    -  10,000,000  $ 1,000     49,000   $    (50,000)  $        -   $          -
September 22, 2010 ($0.005 per share)

Loss and comprehensive loss for the period     -       -           -        -          -              -      (69,579)       (69,579)
------------------------------------------------------------------------------------------------------------------------------------

Balance, November 30, 2010                     -  $    -  12,487,000  $ 1,249  $ 128,631   $          -   $ (161,555)  $    (31,675)
====================================================================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements

<PAGE>
<TABLE>
<CAPTION>

CASTMOR RESOURCES LTD.
(An exploration stage company)

Statements of Operations and Comprehensive Loss
(Unaudited - Prepared by Management)
(Expressed in U.S. Dollars)
-------------------------------------------------------------------------------------------------
                                                        Cumulative from
                                                          June 27, 2005     Three months ended
                                                         (inception) to  November 30  November 30
                                                      November 30, 2010         2010         2009
-------------------------------------------------------------------------------------------------
<S>                                                   <C>                <C>          <C>

EXPENSES

Bank charges                                          $            524   $       86   $       45
Consulting fees                                                 24,847       11,148            -
Interest                                                         4,350        2,014            -
Office expenses                                                  9,915           36            -
Professional fees                                               96,787       46,515        5,041
Resource property acquisition and exploration costs             14,705        9,705            -
Transfer Expenses                                                2,358           75            -
Write-off mineral deposit                                        8,069            -            -
-------------------------------------------------------------------------------------------------

LOSS FROM OPERATIONS                                           161,555       69,579        5,086
-------------------------------------------------------------------------------------------------

NET LOSS AND COMPREHENSIVE LOSS FOR THE PERIOD        $       (161,555)  $  (69,579)  $   (5,086)
-------------------------------------------------------------------------------------------------

BASIC AND DILUTED LOSS PER SHARE                                         $    (0.01)  $    (0.01)
=================================================================================================

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
- basic and diluted                                                      10,095,696    2,487,000
=================================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements

<PAGE>
<TABLE>
<CAPTION>

CASTMOR RESOURCES LTD.
(An exploration stage company)

Statements of Cash Flows
(Unaudited - Prepared by Management)
(Expressed in U.S. Dollars)
---------------------------------------------------------------------------------------------------------
                                                    Cumulative from
                                                      June 27, 2005
                                                     (inception) to           Three months ended
                                                  November 30, 2010  November 30, 2010  November 30, 2009
---------------------------------------------------------------------------------------------------------
<S>                                               <C>                <C>                <C>

CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES
Net (Loss) for the period                         $       (161,555)  $        (69,579)  $         (5,086)

Adjustment for item not involving cash:
- Accrued interest of promissory note                        2,014              2,014                  -

Changes in operating assets and liabilities
- increase (decrease) in prepaid expenses                  (14,649)            49,157                  -
- accounts payable and accrued liabilities                   9,981              5,047              4,925
---------------------------------------------------------------------------------------------------------

NET CASH USED IN OPERATING ACTIVITIES                     (164,209)           (13,361)              (161)
---------------------------------------------------------------------------------------------------------

CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES
Proceeds from promissory note                               50,000                  -                  -
Proceeds from issuance of common stock                     129,880                  -                  -
---------------------------------------------------------------------------------------------------------

NET CASH PROVIDED BY FINANCING ACTIVITIES                  179,880                  -                  -
---------------------------------------------------------------------------------------------------------

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS            15,671            (13,361)              (161)

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                   -             29,032             17,707
---------------------------------------------------------------------------------------------------------

CASH AND CASH EQUIVALENTS, END OF PERIOD          $         15,671   $         15,671   $         17,546
=========================================================================================================

SUPPLEMENTAL CASH FLOW INFORMATION
=========================================================================================================

Interest paid                                     $              -   $              -   $              -
=========================================================================================================
Income taxes paid                                 $              -   $              -   $              -
=========================================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements

<PAGE>
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Castmor Resources Ltd. (hereinafter "the Company") was incorporated in the State
of  Nevada,  U.S.A.,  on June 27, 2005.  The Company's fiscal year end is August
31.

The  Company  has  been in the exploration stage since its formation and has not
yet  realized  any revenues from its operations.  It is primarily engaged in the
acquisition  and  exploration  of  mining  properties.  Upon  location  of  a
commercially  minable  reserve, the Company expects to actively prepare the site
for its extraction and enter a development stage.  In 2005, the Company acquired
mineral  interests  in  two non-contiguous properties located along southeastern
coastal  Labrador,  approximately  13  kilometers  northeast of the community of
Charlottetown,  Labrador,  Canada.  In  2009,  the  Company's  interest in these
mineral  properties  were  forfeited.  On  September  20,  2010,  the  Company
reacquired  its  interest  in  the  mineral  properties.

Effective  August  19,  2010,  the Company effected a five (5) for one (1) share
reverse  split  of our authorized and issued and outstanding common stock.  As a
result  of  the reverse split, the Company's issued and outstanding common stock
was  reduced  from  12,435,000  shares  to  2,487,000  shares.

These  financial  statements  have  been  prepared  in accordance with generally
accepted  accounting  principles in the United States of America applicable to a
going  concern  which  assume  that  the  Company  will  realize  its assets and
discharge  its  liabilities  in  the normal course of business.  The Company has
incurred  accumulated  losses  of  $161,555 since inception and has no source of
revenue.  The  future  of  the  Company  is dependent upon its ability to obtain
financing  and  upon  future  acquisition.  These factors create doubt as to the
ability  of  the Company to continue as a going concern.  Realization values may
be  substantially different from the carrying values as shown in these financial
statements  should  the  Company  be  unable  to  continue  as  a going concern.
Management  is in the process of identifying sources for additional financing to
fund  the  ongoing  development  of  the  Company's  business.

NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

The  financial  statements  of the Company have been prepared in accordance with
the  generally  accepted  accounting principles in the United States of America.
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 that have been made using careful judgment.  The
financial statements have, in management's opinion been properly prepared within
reasonable  limits  of  materiality  and within the framework of the significant
accounting  policies  summarized  below:

Accounting  Method

The  Company's  financial  statements  are  prepared  using the accrual basis of
accounting  in  accordance  with accounting principles generally accepted in the
United  States  of  America.

Cash  and  Cash  Equivalents

For  purposes  of  the statement of cash flows, the Company considers all highly
liquid  investments  and short-term debt instruments with original maturities of
three  months  or  less  to  be  cash equivalents.   As at November 30, 2010 and
August  31,  2010,  there  were  no  cash  equivalents.

Use  of  Estimates

The  preparation  of  financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of  assets  and  liabilities,  and disclosure of
contingent  assets  and liabilities at the date of the financial statements, and
the  reported amounts of revenues and expenses for the reporting period.  Actual
results  could  differ  from  these  estimates.

<PAGE>
NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

Concentration  of  Credit  Risk

The  Company  places  its  cash  and  cash  equivalents with high credit quality
financial  institutions.  There  is  no  deposit  insurance  on  the  Company's
accounts.

Foreign  Currency  Transactions

The  Company  is  located and operating outside of the United States of America.
The  Company's  functional currency and reporting currency, is U.S. Dollars.  At
the  transaction  date, each asset, liability, revenue and expense is translated
into  U.S.  dollars  by the use of the exchange rate in effect at that date.  At
the  period  end,  monetary  assets and liabilities are re-measured by using the
exchange  rate in effect at that date.  The resulting foreign exchange gains and
losses  are  included  in  operations.

Fair  Value  of  Financial  Instruments

ASC 820 "Fair Value Measurements and Disclosures" requires an entity to maximize
the  use  of  observable inputs and minimize the use of unobservable inputs when
measuring  fair  value.  ASC 820 establishes a fair value hierarchy based on the
level  of independent, objective evidence surrounding the inputs used to measure
fair  value.  A  financial  instrument's  categorization  within  the fair value
hierarchy  is  based  upon  the lowest level of input that is significant to the
fair  value  measurement.  ASC 820 prioritizes the inputs into three levels that
may  be  used  to  measure  fair  value:
Level  1  - Quoted prices in active markets for identical assets or liabilities;
Level  2  -  Inputs  other  than  quoted prices included within Level 1 that are
either  directly  or  indirectly  observable;  and
Level  3  -  Unobservable  inputs  that  are  supported  by  little or no market
activity, therefore requiring an entity to develop its own assumptions about the
assumptions  that  market  participants  would  use  in  pricing.

The  Company's financial instruments include cash and cash equivalents, accounts
payable  and accrued liabilities and promissory notes.  Fair values were assumed
to  approximate  carrying  value  for  these financial instruments, except where
noted.  Management  is  of  the  opinion  that  the  Company  is  not exposed to
significant  interest  or credit risks arising from these financial instruments.
The  Company  is  operating  outside  the  United  States  of  America  and  has
significant exposure to foreign currency risk due to the fluctuation of currency
in  which  the  Company  operates  and  U.S.  dollars.

Mineral  Property  Payments  and  Exploration  Costs

Mineral  property acquisition costs are initially capitalized as tangible assets
when  purchased.  The  Company  assesses  the carrying costs for impairment when
indicators  of impairment exist. If proven and probable reserves are established
for  a  property  and  it  has  been  determined  that a mineral property can be
economically  developed,  costs  will be amortized using the units-of-production
method  over  the  estimated  total  recoverable  proven and probable reserves..

Mineral  property  exploration  and  development  costs are expensed as incurred
until  the  establishment  of  economically  viable  reserves.

Long-lived  Assets  Impairment

Long-lived  assets of the Company are reviewed for impairment whenever events or
circumstances  indicate  that  the  carrying  amount  of  assets  may  not  be
recoverable,  pursuant  to  guidance established in ASC 360, Property, Plant and
Equipment.

Management  considers  assets  to  be impaired if the carrying value exceeds the
future  projected  cash  flows from related operations (undiscounted and without
interest  charges). If impairment is deemed to exist, the assets will be written
down  to  fair value. Fair value is generally determined using a discounted cash
flow  analysis.


<PAGE>
NOTE  2  -  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

Assets  Retirement  Obligations

The Company has adopted ASC 410, Asset Retirement and Environmental Obligations,
which  requires  that  the  fair  value  of  a liability for an asset retirement
obligation be recognized in the period in which it is incurred. ASC 410 requires
the  Company  to  record a liability for the present value of the estimated site
restoration  costs  with  corresponding  increase  to the carrying amount of the
related  long-lived assets. The liability will be accreted and the asset will be
depreciated  over  the  life  of  the  related  assets.  Adjustments for changes
resulting from the passage of time and changes to either the timing or amount of
the  original  present value estimate underlying the obligation will be made. As
at  November  30,  2010 and August 31, 2010, the Company does not have any asset
retirement  obligations.

Costs associated with environmental remediation obligations will be accrued when
it  is  probable  that  such  costs  will be incurred and they can be reasonably
estimated.

Stock-Based  Compensation

The Company adopted ASC 718, Compensation - Stock-Based Compensation, to account
for  its  stock  options  and  similar  equity instruments issued.  Accordingly,
compensation  costs  attributable to stock options or similar equity instruments
granted  are measured at the fair value at the grant date, and expensed over the
expected  vesting  period.

The  Company  did  not grant any stock options during the periods ended November
30,  2010  and  2009.

Comprehensive  Income

The  Company  adopted ASC 220, Comprehensive Income, which establishes standards
for  reporting  and  display  of  comprehensive  income,  its  components  and
accumulated  balances.  The  Company  is  disclosing  this  information  on  its
Statement of Stockholders' Equity.  Comprehensive income comprises equity except
those  resulting  from  investments  by owners and distributions to owners.  The
Company  has  no  elements of "other comprehensive income" for the periods ended
November  30,  2010  and  2009.

Income  Taxes

The  Company  has  adopted  ASC 740, Income Taxes, which requires the Company to
recognize  deferred  tax  liabilities  and  assets  for  the expected future tax
consequences  of  events  that  have  been recognized in the Company's financial
statements  or  tax  returns  using  the  liability  method.  Under this method,
deferred  tax  liabilities  and  assets  are  determined  based on the temporary
differences  between  the  financial  statement  and  tax  bases  of  assets and
liabilities  using  enacted  tax  rates  in  effect  in  the  years in which the
differences  are  expected  to  reverse.

Basic  and  Diluted  Loss  Per  Share

In  accordance with ASC 260, Earnings Per Share, the basic loss per common share
is  computed  by  dividing  net  loss  available  to  common stockholders by the
weighted  average  number of common shares outstanding.  Diluted loss per common
share  is  computed  similar  to  basic  loss  per  common share except that the
denominator  is increased to include the number of additional common shares that
would  be  outstanding if the potential common shares had been issued and if the
additional  common  shares  were  dilutive.

New  Accounting  Pronouncements

In January 2010, the FASB issued an update to the Fair Value topic.  This update
requires new disclosures for (1) transfers in and out of levels 1 and 2, and (2)
activity  in  level  3,  by  requiring  the  reconciliation  to present separate
information  about  purchases,  sales,  issuance,  and  settlements.  Also, this
update  clarifies  the  disclosures  related  to the fair value of each class of
assets and liabilities and the input and valuation techniques for both recurring
and  nonrecurring fair value measurements in levels 2 and 3.  the effective date
for  the  disclosures and clarifications is for the interim and annual reporting
periods  beginning  after  December  15,  2009  except for the disclosures about
purchases, sales, issuances and settlements, which is effective for fiscal years
beginning  after  December  15,  2010.  This  update  is  not expected to have a
material  impact  on  the  Company's  financial  statements.

In  February  2010,  the  FASB  issued  ASC  No. 2010-09, "Amendments to Certain
Recognition  and  Disclosure Requirements", which eliminates the requirement for
SEC filers to disclose the date through which an entity has evaluated subsequent
events.  ASC  No. 2010-09 is effective for its fiscal quarter beginning after 15
December  2010.  The  adoption  of  ASC  No.  2010-09  is not expected to have a
material impact on the Company's financial statements ASU No. 2010-13 was issued
in  April  2010,  and  clarified  the  classification of an employee share based
payment  award with an exercise price denominated in the currency of a market in
which  the underlying security trades.  This ASU will be effective for the first
fiscal quarter beginning after December 15, 2010, with early adoption permitted.
The adoption of ASU No. 2010-13 is not expected to have a material impact on the
Company's  financial  statements.

Other  accounting  standards  that  have  been issued or proposed by the FASB or
other  standards-setting bodies that do not require adoption until a future date
are not expected to have a material impact on the Company's financial statements
upon  adoption.

<PAGE>
 NOTE  3  -  MINERAL  PROPERTY  INTEREST

On  October  31, 2005 the Company acquired a 100% interest in two non-contiguous
mineral  claims  located  along  southeastern coastal Labrador, approximately 13
kilometers  northeast  of the community of Charlottetown, Labrador, Canada.  The
claims  were  acquired  from  Mr. Thomas Mills for a consideration of $4,250 CAD
which  covered  an  exploration  program  security deposit and staking and other
related  costs  of  $401  (CAD$450)  and  $3,199 (CAD$3,800), respectively.  The
Company  expensed  the  staking  and other related costs of $3,199 in connection
with  the  acquisition  of  the  mineral  claims.

One of the licenses comprising eight claims, was inadvertently allowed to expire
and  was  cancelled on January 24, 2007.  The Company reacquired a 100% interest
in  the  same  eight claims under a new mineral license by a Transfer of Mineral
Disposition  dated  July  16,  2007,  from  Mr. Thomas Mills, for $505 CAD.  The
Company  expensed  the  entire  cost  of  reacquiring  the  mineral  claims.

Up to August 31, 2009, the Company has paid $8,069 towards a security deposit on
its  exploration  program.  The  Company was required to incur total exploration
expenditures  of  CAD$13,500  for the above noted mineral claims before July 13,
2009.  The Company failed to do so, or to pay any further deposit on exploration
activities  with  the  mining  division  of  Labrador  Canada.  As a result, the
Company  has  forfeited  its  mineral  claims and wrote off the prepaid security
deposit  in  the  amount  of  $8,069  in  2009.

On  September  20,  2010, the Company reacquired a 100% interest in the same two
non-contiguous  mineral  claims  that it originally acquired on October 31, 2005
and  subsequently  forfeited.  These  two  non-contiguous mineral claims located
along  southeastern  coastal  Labrador, approximately 13 kilometers northeast of
the community of Charlottetown, Labrador, Canada.  The claims were acquired from
Mr.  Thomas  Mills  for  a  cash  consideration  of $10,000.  Mr. Mills became a
controlling  shareholder  of  the  Company  on  September  22,  2010.

NOTE  4  -  PROMISSORY  NOTE

On August 31, 2010, the Company received advances of $50,000 from a third party,
to  whom  the  Company issued a promissory note for the same amount on September
21,  2011.  The  promissory  note  is  due and payable on September 21, 2011 and
accrues  interest  from  September  21,  2010  at  the  rate  of  20% per annum,
calculated  semi-annually,  payable on the due date.  The Company may redeem the
promissory  note  in  whole or in part at any time prior to the due date.  As of
November  31,  2010,  the  Company  has  made  no  repayment  in  respect of the
promissory  note  and  accrued  interest  of  $2,014.

NOTE  5  -  RELATED  PARTY  TRANSACTIONS

See  Note  3  and  Note  6.

Included  in the prepaid expenses as of November 30, 2010, the amount $2,400 was
prepaid  to  Moneris  Corporate  Services  Ltd.  ("Moneris"),  a consulting firm
controlled  by  mother  of the major shareholder (after the private placement on
September  22,  2010).

Included  in  the  accounts  payable  and accrued liabilities as of November 30,
2010,  $1,229  (August  31, 2010 - $1,229) was due to Moneris and $2,000 (August
31,  2010  - $1,852) was due to the major shareholder for the advanced operating
expenses.

Included  in  the consulting expenses as of November 30, 2010, the amount $7,700
was  incurred  to  Moneris.

NOTE  6  -  PREFERRED  AND  COMMON  STOCK

The  Company  has  100,000,000  shares  of  preferred  stock authorized and none
issued.

The  Company  has  900,000,000  shares  of  common  stock  authorized,  of which
12,487,000  shares  are  issued and outstanding.  All shares of common stock are
non-assessable  and  non-cumulative,  with  no  preemptive  rights.

On September 22, 2010, the Company completed a private placement of 10,000,000
shares of the Company's common stock to Thomas Mills at a price of $0.005 per
share for gross proceeds of $50,000.

NOTE  7  -  SEGMENT  INFORMATION

The  Company  currently  conducts  all  of  its  operations  in  Canada.

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

THE FOLLOWING DISCUSSION AND ANALYSIS OF OUR PLAN OF OPERATION SHOULD BE READ IN
CONJUNCTION WITH THE FINANCIAL STATEMENTS AND THE RELATED NOTES. THIS DISCUSSION
CONTAINS FORWARD-LOOKING STATEMENTS BASED UPON CURRENT EXPECTATIONS THAT INVOLVE
RISKS AND UNCERTAINTIES, SUCH AS OUR PLANS, OBJECTIVES, EXPECTATIONS AND
INTENTIONS. OUR ACTUAL RESULTS AND THE TIMING OF CERTAIN EVENTS COULD DIFFER
MATERIALLY FROM THOSE ANTICIPATED IN THESE FORWARD-LOOKING STATEMENTS.

OVERVIEW

We are an exploration stage company in that we are engaged in the search for
mineral deposits that are not in either the development or production stage,
with a view to exploiting any mineral deposits we discover that demonstrate
economic feasibility.  Since we are an exploration stage company, there is no
assurance that commercially exploitable reserves of valuable minerals exist on
our property.  We need to do further exploration before a final evaluation of
the economic and legal feasibility of our future exploration is determined.

We have not commenced business operations.  To date, our activities have been
limited to organizational matters, acquiring our mineral claims, researching our
claims, raising capital and the preparation of our securities filings.  Our
assets are limited to our mineral claims, the acquisition of which have been
recorded as an expense in our financial statements in accordance with our
accounting policy.

Mineral property exploration is typically conducted in phases.  Each subsequent
phase of exploration work is recommended by a geologist based on the results
from the most recent phase of exploration.  We have not yet commenced the
initial phase of exploration on the White Bear Arm Property.  Upon completion of
each phase of exploration, we will make a decision as to whether or not we will
proceed with each successive phase based upon the analysis of the results of
that program.  Our Board of Directors will make this decision based upon the
recommendations of an independent geologist who will oversee the program and
record the results.

We presently have no known reserves of any type of mineral.  We plan to conduct
appropriate exploration work on the White Bear Arm Property in order to
ascertain whether it possesses commercially exploitable reserves of valuable
minerals.  There can be no assurance that commercially exploitable reserves of
valuable minerals exist on the White Bear Arm Property or that we will discover
them, if they exist.  If we are unable to find reserves of valuable minerals or
we cannot remove the minerals because we either do not have the capital to do
so, or because it is not economically feasible to do so, then we may cease
operations and our shareholders may lose their investment.

Our business plan is to explore the White Bear Arm Property to determine whether
it contains commercially exploitable reserves of valuable minerals.  We intend
to proceed with Phase I of our proposed exploration program.  Phase I will
consist of expanded geological mapping, and geochemical sampling that will cover
previously established grid areas, as well as other prospective sites that may
be developed to delineate either base metals or industrial minerals.
Geochemical sampling will include rock, stream sediment and till sampling.
Several airborne electromagnetic anomalies will be re-verified on the ground and
mapped for size and extent.  If Phase I develops any high priority targets for
further exploration, then we will proceed with Phase II of the proposed
exploration program, consisting of 800 to 1000 metres of diamond drilling,
mobilized to the nearest road by truck, then helicopter-supported from that
point.  We anticipate that Phase I will cost approximately $26,680 while Phase
II would cost approximately $195,500.  To date, we have not commenced
exploration on the White Bear Arm Property.

We expect that Phase I of our exploration program will be concluded by July 30,
2011.  During Phase I we will retain a consulting geologist to review all past
exploration data relating to the White Bear Arm Property and plot relevant
information on a map.  This is known as geological mapping.  Based on this
mapping, the geologist will choose property areas that are most likely to host
economic mineralization.  He will then conduct a sampling program focusing on
these property areas by gathering rock and soil samples from the identified
areas that appear to contain mineralization.  The samples will be sent to a
laboratory for mineral analysis. By August 31, 2011, we should receive the
results of the sample analysis and be able to determine which property areas, if
any, contain significant mineralization.

If the results of Phase I warrant further exploration, we plan to complete Phase
II of the exploration program later in 2011, or during 2012.  Phase II will take
approximately three months to complete and will consist of using heavy equipment
to drill up to five holes to a depth of 200 meters.  Drilling locations will be
determined by analyzing the results of the Phase I sampling program.  Cylinders
of rock will be removed from the drill holes and sent to a laboratory for
mineral analysis.  Results will indicate the presence of any minerals below the
property surface.

We have sufficient capital to complete Phase I of our exploration program, but
we have insufficient funds to begin Phase II.  If Phase I of our exploration
program identifies high priority targets for further exploration in Phase II,
then we will be required to raise additional financing to fund Phase II.
Subject to financing, we expect to complete Phase II within 12 months of
obtaining our Phase I results.
<PAGE>
We anticipate that any additional funding that we require will be in the form of
equity financing from the sale of our common stock.  There is no assurance,
however, that we will be able to raise sufficient funding from the sale of our
common stock.  The risky nature of this enterprise and lack of tangible assets
places debt financing beyond the credit-worthiness required by most banks or
typical investors of corporate debt until such time as an economically viable
mine can be demonstrated.  We do not have any arrangements in place for any
future equity financing.  If we are unable to secure additional funding, we may
cease or suspend operations.  We have no plans, arrangements or contingencies in
place in the event that we cease operations.

Our sole officer and director has other outside business activities and will
only be devoting approximately six hours per week of his time to our business.
We do not foresee this limited involvement as negatively impacting our Company
over the next 12 months because all exploratory work is being performed by an
outside consultant.  If, however, the demands of our business require more time
of our sole officer, such as raising additional capital or addressing unforeseen
issues with regard to our exploration efforts, he is prepared to adjust his
timetable to devote more time to our business. He may, however, not be able to
devote sufficient time to the management of our business, as and when needed.

We do not have any verbal or written agreement regarding the retention of any
qualified engineer or geologist for our exploration program.

We do not have plans to purchase any significant equipment or to hire any
employees during the next 12 months, or until we have proved reserves.

We have not earned revenue since inception and we presently have no proven or
probable mineral reserves.  There is no assurance that our mineral claims
contain commercially exploitable reserves of valuable minerals.  Since
inception, we have suffered recurring losses and net cash outflows from
operations, and our activities have been financed from the proceeds of share
subscriptions and loans from management and non-affiliated third parties.  We
expect to continue to incur substantial losses to implement our business plan.
We have not established any other source of equity or debt financing and there
can be no assurance that we will be able to obtain sufficient funds to implement
our business plan.  As a result of the foregoing, our auditors have expressed
substantial doubt about our ability to continue as a going concern.  If we
cannot continue as a going concern, then our investors may lose all of their
investment.

RESULTS OF OPERATIONS

Our business is in the early stage of exploration.  Since inception on June 27,
2005 we have not earned any revenue and we have not identified any commercially
exploitable reserves of valuable minerals on our property.  We do not anticipate
earning revenue until such time as we have entered into commercial production of
the White Bear Arm Property.  We are presently in the exploration stage of our
business and we can provide no assurance that we will discover commercially
exploitable reserves of valuable minerals on the White Bear Arm Property, or
that if such resources are discovered that we will commercially produce them.

We posted an operating loss of $69,579 for the three month period ended November
30, 2010, due to professional fees of $46,515, consulting fees of $11,148,
resource acquisition costs of $9,705, interest expenses of $2,014 and other
miscellaneous expenses of $197.  This was an increase from the operating loss of
$5,086 for the previous fiscal year.

LIQUIDITY AND CAPITAL RESOURCES

On August 30, 2010, we received a deposit of $50,000 from Thomas Mills with
respect to a private placement of 10,000,000 shares of our common stock to Mr.
Mills at a price of $0.005 per share (the "Private Placement").  The closing of
the Private Placement took place on September 22, 2010 with the execution of a
subscription agreement by Mr. Mills.

On August 31, 2010, we received a deposit of $50,000 with respect to a debt
financing by an unaffiliated third party that closed on September 21, 2010 with
the issuance by Castmor of a promissory note (the "Loan").  The Loan is due and
payable on September 21, 2011 and accrues interest from September 21, 2010 at
the rate of 20% per annum, calculated semi-annually, payable on the due date.
We may repay the Loan in whole or in part at any time prior to the due date.  As
of November 30, 2010, the Loan has accrued $2,014 in interest.  We have not made
any payment in respect of the Loan.

As of November 30, 2010, we had total assets of $30,320 comprised of $15,671 in
cash and $14,649 in prepaid expenses.  This reflects a decrease of the value of
our total assets from $92,838 on August 31, 2010.

As of November 30, 2010, our total liabilities increased to $61,995 from $54,934
as of August 31, 2010. The increase was primarily due to unpaid professional
fees and accrued interest expense on promissory note.
<PAGE>
As a result of our recent financing activities, we have sufficient working
capital to maintain our present level of operations for the next 12 months and
to complete Phase I of our proposed exploration program, but not Phase II.  We
will be required to seek additional funding in order to complete Phase II of our
exploration program.

We anticipate that any additional funding that we require will be in the form of
equity financing from the sale of our common stock.  There is no assurance,
however, that we will be able to raise sufficient funding from the sale of our
common stock.  The risky nature of this enterprise and lack of tangible assets
places debt financing beyond the credit-worthiness required by most banks or
typical investors of corporate debt until such time as an economically viable
mine can be demonstrated.  We do not have any arrangements in place for any
future equity financing.  If we are unable to secure additional funding, we may
cease or suspend operations.  We have no plans, arrangements or contingencies in
place in the event that we cease operations.
(i)
                         PART II.     OTHER INFORMATION

ITEM  1.     LEGAL  PROCEEDINGS

We  are  not  a party to any material legal proceedings and to its knowledge, no
such  proceedings  are  threatened  or  contemplated.

ITEM  2.     UNREGISTERED  SALES  OF  EQUITY  SECURITIES  AND  USE  OF  PROCEEDS

On September 22, 2010, we issued 10,000,000 shares of our common stock at a
price of $0.005 per share to one purchaser for total cash proceeds of $50,000.
The shares were issued without registration in reliance on an exemption provided
by Rule 903(b)(3) of Regulation S promulgated under the Securities Act.  No
general solicitation was made in connection with the offer or sale of these
securities.

ITEM 3.     DEFAULT UPON SENIOR NOTES

Not applicable.

ITEM 4.     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 5.     OTHER INFORMATION

None.

ITEM 6.     EXHIBITS

EXHIBIT     DESCRIPTION

31.1     Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1     Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

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.

                                             CASTMOR RESOURCES LTD.


Date: January 14, 2011                       /s/ Alfonso Quijada
                                             Alfonso Quijada
                                             President, Chief Executive Officer,
                                             Chief Financial Officer, and
                                             Principal Accounting Officer