----

----

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

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

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

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

----

|          |                                                                                                                                                                              | Page    |
|---------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|
| PART      I.  | FINANCIAL      INFORMATION                                                                                                                                                        |    |
|          |                                                                                                                                                                              |    |
| Item      1.  | Financial      Statements                                                                                                                                                         |    |
|          |                                                                                                                                                                              |    |
|          | Balance      SheetsApril      30, 2009 (unaudited) and July 31, 2008                                                                                                              | 3       |
|          |                                                                                                                                                                              |    |
|          | Statements      of Operations (unaudited)Three      and Nine Months Ended April 30, 2009 and 2008and      Cumulative Amounts from July 8, 2003 (Inception) to April 30,      2009 | 4       |
|          |                                                                                                                                                                              |    |
|          | Statement      of Stockholders’ Equity (Deficit) (unaudited)Cumulative      Amounts from July 3, 2003 (Inception) to April 30, 2009                                         |  5 |
|          |                                                                                                                                                                              |    |
|          | Statements      of Cash Flows (unaudited)Nine      Months Ended April 30, 2009 and 2008and      Cumulative Amounts from July 8, 2003 (Inception) to April 30,      2009           | 6       |
|          |                                                                                                                                                                              |    |
|          | Notes      to Financial Statements (unaudited)                                                                                                                                    | 7       |
|          |                                                                                                                                                                              |    |
| Item      2.  | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations                                                                             | 8       |
|          |                                                                                                                                                                              |    |
| Item      3.  | Quantitative      and Qualitative Disclosures About Market Risk                                                                                                                   | 9       |
|          |                                                                                                                                                                              |    |
| Item      4.  | Controls      and Procedures                                                                                                                                                      | 9       |
|          |                                                                                                                                                                              |    |
| PART      II. | OTHER      INFORMATION                                                                                                                                                            |    |
|          |                                                                                                                                                                              |    |
| Item      1.  | Legal      Proceedings                                                                                                                                                            | 10      |
|          |                                                                                                                                                                              |    |
| Item      1A. | Risk      Factors                                                                                                                                                                 | 10      |
|          |                                                                                                                                                                              |    |
| Item      2.  | Unregistered      Sales of Equity Securities and Use of Proceeds                                                                                                                  | 10      |
|          |                                                                                                                                                                              |    |
| Item      3.  | Defaults      Upon Senior Securities                                                                                                                                              | 10      |
|          |                                                                                                                                                                              |    |
| Item      4.  | Submission      of Matters to a Vote of Security Holders                                                                                                                          | 10      |
|          |                                                                                                                                                                              |    |
| Item      5.  | Other      Information                                                                                                                                                            | 10      |
|          |                                                                                                                                                                              |    |
| Item      6.  | Exhibit      Index                                                                                                                                                                | 10      |
|          |                                                                                                                                                                              |    |
| Signatures    |                                                                                                                                                                              | 12      |

----

|                                                                       |   | April      30,2009(Unaudited) |    |   | July 31,2008 |   |
|----------------------------------------------------------------------------|--------|-------------------------------|---------|--------|--------------|--------|
|                                                                       |   |                          |    |   |         |   |
|                                                                       |   |                          |    |   |         |   |
| ASSETS                                                                     |   |                          |    |   |         |   |
|                                                                       |   |                          |    |   |         |   |
| Current      assets                                                        |   |                          |    |   |         |   |
| Cash and cash      equivalents                                             |   | $                             | 106     |   |         | $      | 53 |   |
|                                                                       |   |                          |    |   |         |   |   |   |
| Total Current      Assets                                                  |   |                          | 106     |   |         |   | 53 |   |
|                                                                       |   |                          |    |   |         |   |   |   |
| Mineral property (Note      3)                                             |   |                          | 876     |   |         |   | 876 |   |
|                                                                       |   |                          |    |   |         |   |   |   |
| Total      assets                                                          |   | $                             | 982     |   |         | $      | 929 |   |
|                                                                       |   |                          |    |   |         |   |   |   |
|                                                                       |   |                          |    |   |         |   |   |   |
| LIABILITIES      AND STOCKHOLDERS’ DEFICIT                           |   |                          |    |   |         |   |   |   |
|                                                                       |   |                          |    |   |         |   |   |   |
|                                                                       |   |                          |    |   |         |   |   |   |
| Current      liabilities                                                   |   |                          |    |   |         |   |   |   |
| Accounts payable and accrued      liabilities                              |   | $                             | 49,102  |   |         | $      | 34,856 |   |
|                                                                       |   |                          |    |   |         |   |   |   |
| Total Current      Liabilities                                             |   |                          | 49,102  |   |         |   | 34,856 |   |
|                                                                       |   |                          |    |   |         |   |   |   |
|                                                                       |   |                          |    |   |         |   |   |   |
| Total      liabilities                                                     |   |                          | 49,102  |   |         |   | 34,856 |   |
|                                                                       |   |                          |    |   |         |   |   |   |
| Stockholders’      deficit                                           |   |                          |    |   |         |   |   |   |
| Common stock - $0.001 par      value; authorized – 75,000,000 shares |   |                          |    |   |         |   |   |   |
| Issued and outstanding –      6,000,000 shares                       |   |                          | 6,000   |   |         |   | 6,000 |   |
| Paid in capital                                                            |   |                          | 24,000  |   |         |   | 24,000 |   |
| Deficit accumulated during the      development stage                      |   |                          | (78,120 | )      |         |   | (63,927 | ) |
|                                                                       |   |                          |    |   |         |   |   |   |
| Total stockholders’      deficit                                     |   |                          | (48,120 | )      |         |   | (33,927 | ) |
|                                                                       |   |                          |    |   |         |   |   |   |
| Total      liabilities and stockholders’ deficit                     |   | $                             | 982     |   |         | $      | 929 |   |

----

|                                                                                  |   |   Three      Months EndedApril      30, 2009 |      |   |   Three      Months EndedApril      31, 2008 |   |      |   Nine      Months EndedApril      30, 2009 |   |   |   Nine      Months EndedApril      30, 2008 |   |   | CumulativeAmounts      FromInceptionToApril      30, 2009 |      |
|---------------------------------------------------------------------------------------|--------|------------------------------------------------------------------|-----------|--------|------------------------------------------------------------------|--------|-----------|-----------------------------------------------------------------|--------|--------|-----------------------------------------------------------------|--------|--------|----------------------------------------------------------------|-----------|
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |
| REVENUES                                                                              |   | $                                                                | -         |   |                                                             | $      | -         |                                                            |   | $      | -                                                               |   |   | $                                                              | -         |   |   | $ | 387 |   |
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
| EXPENSES                                                                              |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
| General and      Administrative                                                       |   |                                                             | 1,360     |   |                                                             |   | 3,047     |                                                            |   |   | 13,387                                                          |   |   |                                                           | 22,360    |   |   |   | 72,335 |   |
| Mineral exploration      costs                                                        |   |                                                             | -         |   |                                                             |   | -         |                                                            |   |   | 806                                                             |   |   |                                                           | 806       |   |   |   | 4,532 |   |
| Oil      and gas property operating costs                                             |   |                                                             | -         |   |                                                             |   | -         |                                                            |   |   | -                                                               |   |   |                                                           | -         |   |   |   | 1,310 |   |
| Loss      on disposal of oil and gas                                                  |   |                                                             | -         |   |                                                             |   | -         |                                                            |   |   | -                                                               |   |   |                                                           | -         |   |   |   | 330 |   |
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
|                                                                                  |   |                                                             | (1,360    | )      |                                                             |   | (3,047    | )                                                               |   |   | (14,193                                                         | )      |   |                                                           | (23,166   | ) |   |   | (78,507 | ) |
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
| Provision      for Income Taxes                                                       |   |                                                             | -         |   |                                                             |   | -         |                                                            |   |   | -                                                               |   |   |                                                           | -         |   |   |   | - |   |
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
| Net      loss                                                                         |   | $                                                                | (1,360    | )      |                                                             | $      | (3,047    | )                                                               |   | $      | (14,193                                                         | )      |   | $                                                              | (23,166   | ) |   | $ | (78,120 | ) |
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
| Net      Loss Per Common Share                                                        |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
| Basic      and Diluted                                                                |   | $                                                                | (0.001    | )      |                                                             | $      | (0.001    | )                                                               |   | $      | (0.002                                                          | )      |   | $                                                              | (0.004    | ) |   | $ | (0.015 | ) |
|                                                                                  |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
| Weighted      average number of    common      shares outstanding |   |                                                             |      |   |                                                             |   |      |                                                            |   |   |                                                            |   |   |                                                           |      |   |   |   |   |   |
| Basic      and Diluted                                                                |   |                                                             | 6,000,000 |   |                                                             |   | 6,000,000 |                                                            |   |   | 6,000,000                                                       |   |   |                                                           | 6,000,000 |   |   |   | 5,266,342 |   |

----

|                                                        |   | Common      Stock    |      |   |         |   |   | DeficitAccumulated  |   |
|-------------------------------------------------------------|--------|----------------------|-----------|--------|--------------|--------|--------|---------------------|--------|
|                                                        |   | Numberof      Shares |      |   |  Amount |   |   | Paid      inCapital |   |   | During      theDevelopmentStage |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |
| Balance,      July 8, 2003                                  |   |                 | -         |   |         | $      | -      |                |   | $ | - |   |   | $ | - |   |
| (Date of      incorporation)                                |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Loss for the    period                                      |   |                 | -         |   |         |   | -      |                |   |   | - |   |   |   | - |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Balance,      July 31, 2003                                 |   |                 | -         |   |         |   | -      |                |   |   | - |   |   |   | - |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Issuance of common stock for      cash at $0.005 per share: |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| August 2003                                                 |   |                 | 3,000,000 |   |         |   | 3,000  |                |   |   | 12,000 |   |   |   | 15,000 |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Net (loss) for the      year                                |   |                 | -         |   |         |   | -      |                |   |   | - |   |   |   | (1,731 | ) |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Balance,      July 31, 2004                                 |   |                 | 3,000,000 |   |         |   | 3,000  |                |   |   | 12,000 |   |   |   | 13,269 |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Issuance of common stock for      cash at $0.005 per share: |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| August 2004                                                 |   |                 | 2,065,000 |   |         |   | 2,065  |                |   |   | 8,260 |   |   |   | 10,325 |   |
| May 2005                                                    |   |                 | 935,000   |   |         |   | 935    |                |   |   | 3,740 |   |   |   | 4,675 |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Net (loss) for the      year                                |   |                 | -         |   |         |   | -      |                |   |   | - |   |   |   | (7,890 | ) |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Balance,      July 31, 2005                                 |   |                 | 6,000,000 |   |         |   | 6,000  |                |   |   | 24,000 |   |   |   | 20,379 |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Net (loss) for the      year                                |   |                 | -         |   |         |   | -      |                |   |   | - |   |   |   | (2,846 | ) |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Balance,      July 31, 2006                                 |   |                 | 6,000,000 |   |         |   | 6,000  |                |   |   | 24,000 |   |   |   | 17,533 |   |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Net (loss) for the      year                                |   |                 | -         |   |         |   | -      |                |   |   | - |   |   |   | (21,884 | ) |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Balance,      July 31, 2007                                 |   |                 | 6,000,000 |   |         |   | 6,000  |                |   |   | 24,000 |   |   |   | (4,351 | ) |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Net (loss) for the      year                                |   |                 | -         |   |         |   | -      |                |   |   | - |   |   |   | (29,576 | ) |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Balance,      July 31, 2008                                 |   |                 | 6,000,000 |   |         | $      | 6,000  |                |   | $ | 24,000 |   |   | $ | (33,927 | ) |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Net (loss) for the      period                              |   |                 | -         |   |         |   | -      |                |   |   | - |   |   |   | (14,193 | ) |
|                                                        |   |                 |      |   |         |   |   |                |   |   |   |   |   |   |   |   |
| Balance,      April 30, 2009                                |   |                 | 6,000,000 |   |         | $      | 6,000  |                |   | $ | 24,000 |   |   | $ | (48,120 | ) |

----

|                                                                                  |   | Nine      MonthsEndedApril      30, 2009 |    |   |    Nine      MonthsEndedApril      30, 2008 |   |    | CumulativeAmounts      FromInceptionToApril      30, 2009 |   |
|---------------------------------------------------------------------------------------|--------|-----------------------------------------------|---------|--------|-----------------------------------------------------------------|--------|---------|----------------------------------------------------------------|--------|
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |
| OPERATING      ACTIVITIES                                                             |   |                                          |    |   |                                                            |   |    |                                                           |   |
| Net loss                                                                              |   | $                                             | (14,193 | )      |                                                            | $      | (23,166 | )                                                              |   | $ | (78,120 | )    |
| Adjustments      to reconcile net loss to net cash used in operating      activities: |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Loss      on disposal of interest in oil and gas property                             |   |                                          | -       |   |                                                            |   | -       |                                                           |   |   | 330 |   |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Change      in non-cash working capital items:                                        |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Decrease in      prepaids                                                             |   |                                          | -       |   |                                                            |   | -       |                                                           |   |   | - |   |
| Increase in accounts payable      and accrued liabilities                             |   |                                          | 14,246  |   |                                                            |   | 23,040  |                                                           |   |   | 49,102 |   |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Net cash provided by (used in)      operating activities                              |   |                                          | 53      |   |                                                            |   | (126    | )                                                              |   |   | (28,688 | ) |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| INVESTING      ACTIVITIES                                                             |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Purchase of interest in oil and      gas property                                     |   |                                          | -       |   |                                                            |   | -       |                                                           |   |   | (3,830 | ) |
| Disposal of interest in oil and      gas property                                     |   |                                          | -       |   |                                                            |   | -       |                                                           |   |   | 3,500 |   |
| Purchase of undeveloped mineral      property                                         |   |                                          | -       |   |                                                            |   | -       |                                                           |   |   | (876 | ) |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Net cash used in investing      activities                                            |   |                                          | -       |   |                                                            |   | -       |                                                           |   |   | (1,206 | ) |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| FINANCING      ACTIVITIES                                                             |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Sale of common    stock                                                               |   |                                          | -       |   |                                                            |   | -       |                                                           |   |   | 30,000 |   |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Net cash provided by financing      activities                                        |   |                                          | -       |   |                                                            |   | -       |                                                           |   |   | 30,000 |   |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Net      increase (decrease) in cash                                                  |   |                                          | 53      |   |                                                            |   | (126    | )                                                              |   |   | 106 |   |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Cash,      beginning of periods                                                       |   |                                          | 53      |   |                                                            |   | 175     |                                                           |   |   | - |   |
|                                                                                  |   |                                          |    |   |                                                            |   |    |                                                           |   |   |   |   |
| Cash,      end of periods                                                             |   | $                                             | 106     |   |                                                            | $      | 49      |                                                           |   | $ | 106 |   |

----

----

|   | The      accompanying unaudited interim financial statements included herein were      prepared from the records of the Company in accordance with Generally      Accepted Accounting Principles in the United States. In the opinion of      management, the interim data includes all adjustments, consisting of      normal recurring adjustments, necessary to provide a fair statement of the      results of operations and financial position for the interim periods.      These unaudited interim financial statements should be read in conjunction      with the Company’s audited financial statements for the year ended July      31, 2008. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

| Regulation      S-K Number | Exhibit                                                                                                                           |
|----------------------------|-----------------------------------------------------------------------------------------------------------------------------------|
| 3.1                        | Articles      of Incorporation (1)                                                                                                |
| 3.2                        | Amendment      to Articles of Incorporation (1)                                                                                   |
| 3.3                        | Bylaws      (1)                                                                                                                   |
| 10.1                       | Notice      of Mining Claims HR #1-6, recorded by Luna County, New Mexico, on March      24, 2004 (1)                             |
| 10.2                       | Confirmation      of Agreement with Leroy Halterman dated August 1, 2007  (1)                                                     |
| 10.3                       | Loan      Commitment Letter from Wellington Financial Corporation dated August 1,      2007 (1)                                   |
| 10.4                       | Notice      of Intent to Hold the HR #1-6 Lode Mining Claims, filed with the Bureau of      Land Management on August 15, 2007(1) |

----

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

| 10.5 | Notice      of Intent to Hold the HR #1-6 Lode Mining Claims recorded by Luna County,      New Mexico, on August 17, 2007 (1)                     |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1 | Rule      15d-14(a) Certification of Armando Garcia                                                                                               |
| 32.1 | Certification      of Armando Garcia Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant      to Section 906 of the Sarbanes-Oxley Act of2002 |

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

----

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

|                          | HOMELAND RESOURCES      LTD. |                                             |
|-------------------------------|------------------------------|--------------------------------------------------|
|                          |                         |                                             |   |
| Date:       June 5, 2009 | By:                          | /s/ Armando      Garcia                     |   |
|                          |                         | Armando      Garcia                              |   |
|                          |                         | President,      Secretary, Treasurer             |   |
|                          |                         | (principal      executive and financial officer) |   |

----

----