----

----

**UNITED        STATES**

**SECURITIES        AND EXCHANGE COMMISSION**

**FORM        10-QSB**

**SEPTEMBER 30, 2007**

**333-112830**

**VANGUARD        MINERALS COPORATION**

| **NEVADA**                                                                                             | **Nil**                                             |
|-------------------------------------------------------------------------------------------------------------|----------------------------------------------------------|
| (State                  or other jurisdiction of incorporation                  or organization)  | (IRS                  Employer Identification No.)  |
|                                                                                                        |                                                     |
| 601                    UNION STREETTWO UNION SQUARE 42ND FLOORSEATTLE,                  WA                  | **98101**                                           |
| (Address                  of principal executive offices)                                              | (Zip                  Code)                         |
|                                                                                                        |                                                     |
| Issuer’s                  telephone number, including area code:                                 | **604-351-1694**                                    |

**Knewtrino,        Inc.**

**  **
** **

** **

----

**TABLE        OF CONTENTS**

|                                                |                                                                         | Page   |
|-----------------------------------------------------|------------------------------------------------------------------------------|--------|
|                                                |                                                                         |   |
|                                                |                                                                         |   |
| **PART                  I - FINANCIAL INFORMATION** |
|                                                |                                                                         |   |
| Item                  1:                            | Financial                  Statements                                        | 3      |
|                                                |                                                                         |   |
| Item                  2:                            | Plan                  of Operation                                           | 13     |
|                                                |                                                                         |   |
| Item                  3:                            | Controls                  and Procedures                                     | 17     |
|                                                |
| **PART                  II - OTHER INFORMATION**    |
|                                                |                                                                         |   |
| Item                  1:                            | Legal                  Proceedings                                           | 18     |
|                                                |                                                                         |   |
| Item                  2:                            | Unregistered                  Sales of Equity Securities and Use of Proceeds | 18     |
|                                                |                                                                         |   |
| Item                  3:                            | Defaults                  Upon Senior Securities                             | 18     |
|                                                |                                                                         |   |
| Item                  4:                            | Submission                  of Matters to a Vote of Security Holders         | 18     |
|                                                |                                                                         |   |
| Item                  5:                            | Other                  Information                                           | 18     |
|                                                |                                                                         |   |
| Item                  6:                            | Exhibits                                                                     | 18     |

----

**PART        I - FINANCIAL INFORMATION**

**Item        1. FINANCIAL STATEMENTS **

|   | (a) | Interim                  balance sheets as of September 30, 2007 and December 31,                  2006; |
|--------|-----|----------------------------------------------------------------------------------------------------------|

|   | (b) | Interim                  statements of operations for the nine months ended September 30,                  2007 and                  2006 and for the period from August 25, 2003 (inception) to September                  30,                  2007 (cumulative); |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Interim                  statements of cash flows for the nine months ended September 30,                  2007 and                  2006 and for the period from August 25, 2003 (inception) to September                  30,                  2007 (cumulative); |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Interim                  statements of stockholders’ equity (deficiency) for the period from August                  25, 2003 (inception) to September 30, 2007 (cumulative);                  and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Notes                  to the financial statements. |
|--------|-----|-----------------------------------------------------|

----

**VANGUARD        MINERALS CORPORATION**

----

**VANGUARD        MINERALS CORPORATION**

|                                                                     |   | September                  30 |     |   | December                  31 |   |
|--------------------------------------------------------------------------|--------|-------------------------------|----------|--------|------------------------------|--------|
|                                                                     |   | 2007                          |     |   | 2006                         |   |
| **ASSETS**                                 |   |
| Current                                                                  |   |                          |     |   |                         |   |
| Cash                                                                     |   | $                             | 52,222   |   |                         | $      | 288,107 |   |
| Prepaid                  expenses                                        |   |                          | 7,293    |   |                         |   | 9,655 |   |
|                                                                     |   |                          |     |   |                         |   |   |   |
|                                                                     |   |                          | 59,515   |   |                         |   | 297,762 |   |
|                                                                     |   |                          |     |   |                         |   |   |   |
| Instant                  Wirefree technology                             |   |                          | 46,200   |   |                         |   | 46,200 |   |
|                                                                     |   |                          |     |   |                         |   |   |   |
| Capital                  – Note 4                                  |   |                          | 18,738   |   |                         |   | 12,174 |   |
|                                                                     |   |                          |     |   |                         |   |   |   |
|                                                                     |   | $                             | 124,453  |   |                         | $      | 356,136 |   |
|                                                                     |   |                          |     |   |                         |   |   |   |
| **LIABILITIES**                                                          |   |
| Current                                                                  |   |                          |     |   |                         |   |   |   |
| Accounts                  payable and accrued liabilities – Note 5 |   | $                             | 49,284   |   |                         | $      | 24,114 |   |
|                                                                     |   |                          |     |   |                         |   |   |   |
|                                                                     |   |                          | 49,284   |   |                         |   | 24,114 |   |
|                                                                     |   |                          |     |   |                         |   |   |   |
| **STOCKHOLDERS’                  DEFICIENCY**                      |   |
| Capital                  stock                                           |   |                          |     |   |                         |   |   |   |
| Authorized:                                                              |   |                          |     |   |                         |   |   |   |
| 500,000,000                  common shares with par value of $0.001      |   |                          |     |   |                         |   |   |   |
| Issued:                                                                  |   |                          |     |   |                         |   |   |   |
| 76,020,000                  common shares (2006: 76,020,000)        |   |                          | 76,020   |   |                         |   | 76,020 |   |
| Additional                  paid-in capital                              |   |                          | 911,140  |   |                         |   | 911,140 |   |
| Deficit                  accumulated during the Development Stage        |   |                          | (911,991 | )      |                         |   | (655,138 | ) |
|                                                                     |   |                          |     |   |                         |   |   |   |
|                                                                     |   |                          | 75,169   |   |                         |   | 332,022 |   |
|                                                                     |   |                          |     |   |                         |   |   |   |
|                                                                     |   | $                             | 124,453  |   |                         | $      | 356,136 |   |

----

**VANGUARD        MINERALS CORPORATION**

|                                                                  |   | Three                  months endedSeptember                  30 |       |   | Three                  months ended September                  30 |   |       | Nine                  months ended September                  30 |   |   | Nine                  months endedSeptember                  30 |   |   | August                  25, 2003 (Date                  of Incorportion) toSeptember                  30, |       |
|-----------------------------------------------------------------------|--------|------------------------------------------------------------------|------------|--------|-------------------------------------------------------------------|--------|------------|------------------------------------------------------------------|--------|--------|-----------------------------------------------------------------|--------|--------|-----------------------------------------------------------------------------------------------------------|------------|
|                                                                  |   | 2007                                                             |       |   | 2006                                                              |   |       | 2007                                                             |   |   | 2006                                                            |   |   | 2007                                                                                                      |       |
| Expenses                                                              |   |                                                             |       |   |                                                              |   |       |                                                             |   |   |                                                            |   |   |                                                                                                      |       |
| Audit                  and accounting                                 |   | $                                                                | 4,177      |   |                                                              | $      | 4,330      |                                                             |   | $      | 10,586                                                          |   |   | $                                                                                                         | 9,250      |   |   | $ | 61,034 |   |
| Bank                  charges                                         |   |                                                             | 130        |   |                                                              |   | 115        |                                                             |   |   | 346                                                             |   |   |                                                                                                      | 509        |   |   |   | 2,073 |   |
| Consulting                  fees – Note 5                       |   |                                                             | 29,790     |   |                                                              |   | -          |                                                             |   |   | 29,790                                                          |   |   |                                                                                                      | 7,000      |   |   |   | 69,163 |   |
| Depreciation                                                          |   |                                                             | 2,277      |   |                                                              |   | 530        |                                                             |   |   | 6,009                                                           |   |   |                                                                                                      | 530        |   |   |   | 7,933 |   |
| Filing                  and registration fees                         |   |                                                             | 861        |   |                                                              |   | 2,750      |                                                             |   |   | 2,174                                                           |   |   |                                                                                                      | 6,249      |   |   |   | 22,248 |   |
| Insurance                                                             |   |                                                             | -          |   |                                                              |   | 1,152      |                                                             |   |   | -                                                               |   |   |                                                                                                      | 1,152      |   |   |   | 1,152 |   |
| Interest                                                              |   |                                                             | -          |   |                                                              |   | -          |                                                             |   |   | -                                                               |   |   |                                                                                                      | 2,500      |   |   |   | 7,500 |   |
| Investor                  relations                                   |   |                                                             | -          |   |                                                              |   | 20,420     |                                                             |   |   | 1,445                                                           |   |   |                                                                                                      | 20,420     |   |   |   | 33,192 |   |
| Legal                  fees                                           |   |                                                             | 5,028      |   |                                                              |   | 7,588      |                                                             |   |   | 20,256                                                          |   |   |                                                                                                      | 41,969     |   |   |   | 127,207 |   |
| Meals                  and entertainment                              |   |                                                             | -          |   |                                                              |   | 667        |                                                             |   |   | -                                                               |   |   |                                                                                                      | 667        |   |   |   | 667 |   |
| Mineral                  property costs                               |   |                                                             | -          |   |                                                              |   | -          |                                                             |   |   | -                                                               |   |   |                                                                                                      | 1,500      |   |   |   | 156,196 |   |
| Office                  and miscellaneous                             |   |                                                             | 646        |   |                                                              |   | 6,156      |                                                             |   |   | 1,511                                                           |   |   |                                                                                                      | 6,156      |   |   |   | 14,888 |   |
| Product                  development                                  |   |                                                             | 33,200     |   |                                                              |   | 66,828     |                                                             |   |   | 122,740                                                         |   |   |                                                                                                      | 66,828     |   |   |   | 262,663 |   |
| Rent                  and utilities                                   |   |                                                             | 7,710      |   |                                                              |   | 7,119      |                                                             |   |   | 23,515                                                          |   |   |                                                                                                      | 7,119      |   |   |   | 38,534 |   |
| Salaries                  and compensation – Note 5             |   |                                                             | 11,547     |   |                                                              |   | -          |                                                             |   |   | 36,694                                                          |   |   |                                                                                                      | -          |   |   |   | 89,694 |   |
| Telephone                  and internet                               |   |                                                             | 482        |   |                                                              |   | -          |                                                             |   |   | 1,787                                                           |   |   |                                                                                                      | -          |   |   |   | 4,808 |   |
| Travel                                                                |   |                                                             | -          |   |                                                              |   | 57         |                                                             |   |   |                                                            |   |   |                                                                                                      | 57         |   |   |   | 13,082 |   |
|                                                                  |   |                                                             |       |   |                                                              |   |       |                                                             |   |   |                                                            |   |   |                                                                                                      |       |   |   |   |   |   |
| Loss                  before other item                               |   |                                                             | (95,848    | )      |                                                              |   | (117,713   | )                                                                |   |   | (256,853                                                        | )      |   |                                                                                                      | (171,906   | ) |   |   | (912,034 | ) |
|                                                                  |   |                                                             |       |   |                                                              |   |       |                                                             |   |   |                                                            |   |   |                                                                                                      |       |   |   |   |   |   |
| Foreign                  exchange gain (loss)                         |   |                                                             | (-         | )      |                                                              |   | 1,113      |                                                             |   |   | (-                                                              | )      |   |                                                                                                      | (153       | ) |   |   | 43 |   |
|                                                                  |   |                                                             |       |   |                                                              |   |       |                                                             |   |   |                                                            |   |   |                                                                                                      |       |   |   |   |   |   |
| Net                  loss for the period                              |   | $                                                                | (95,848    | )      |                                                              | $      | (116,599   | )                                                                |   | $      | (256,853                                                        | )      |   | $                                                                                                         | (172,059   | ) |   | $ | (911,991 | ) |
|                                                                  |   |                                                             |       |   |                                                              |   |       |                                                             |   |   |                                                            |   |   |                                                                                                      |       |   |   |   |   |   |
| Basic                  loss per share                                 |   | $                                                                | (0.00      | )      |                                                              | $      | (0.00      | )                                                                |   | $      | (0.00                                                           | )      |   | $                                                                                                         | (0.00      | ) |   |   |   |   |
|                                                                  |   |                                                             |       |   |                                                              |   |       |                                                             |   |   |                                                            |   |   |                                                                                                      |       |   |   |   |   |   |
| Weighted                  average number of common shares outstanding |   |                                                             | 76,020,000 |   |                                                              |   | 76,020,000 |                                                             |   |   | 76,020,000                                                      |   |   |                                                                                                      | 46,311,111 |   |   |   |   |   |

----

**VANGUARD        MINERALS CORPORATION**

|                                                                               |   | Nine                  months endedSeptember                  30 |     |   | Nine                  months endedSeptember                  30 |   |     | August                  25, 2003 (Date                  of Incorportion) toSeptember                  30, |   |
|------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------|----------|--------|-----------------------------------------------------------------|--------|----------|-----------------------------------------------------------------------------------------------------------|--------|
|                                                                               |   | 2007                                                            |     |   | 2006                                                            |   |     | 2007                                                                                                      |   |
| Operating                  Activities                                              |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |
| Net                  loss for the period                                           |   | $                                                               | (256,853 | )      |                                                            | $      | (172,059 | )                                                                                                         |   | $ | (911,991 | ) |
| Adjustment                  for non-cash items:                                    |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Depreciation                                                                       |   |                                                            | 6,009    |   |                                                            |   | 530      |                                                                                                      |   |   | 7,933 |   |
| Capital                  stock issued for mineral property costs                   |   |                                                            | -        |   |                                                            |   | -        |                                                                                                      |   |   | 32,500 |   |
| Change                  in non-cash working capital balances related to Operations |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Prepaid                  expenses                                                  |   |                                                            | 2,362    |   |                                                            |   | (2,293   | )                                                                                                         |   |   | (7,293 | ) |
| Accounts                  payable and accrued liabilities                          |   |                                                            | 25,170   |   |                                                            |   | (6,806   | )                                                                                                         |   |   | 49,284 |   |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Net                  cash used in operations                                       |   |                                                            | (223,312 | )      |                                                            |   | (180,628 | )                                                                                                         |   |   | (829,567 | ) |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Investing                  Activities                                              |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Acquisition                  of capital assets                                     |   |                                                            | (12,573  | )      |                                                            |   | (8,916   | )                                                                                                         |   |   | (26,671 | ) |
| Instant                  Wirefree technology                                       |   |                                                            | -        |   |                                                            |   | (27,500  | )                                                                                                         |   |   | (27,500 | ) |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
|                                                                               |   |                                                            | (12,573  | )      |                                                            |   | (36,416  | )                                                                                                         |   |   | (54,171 | ) |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Financing                  Activities                                              |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Capital                  stock issued                                              |   |                                                            | -        |   |                                                            |   | 420,000  |                                                                                                      |   |   | 722,700 |   |
| Promissory                  notes                                                  |   |                                                            | -        |   |                                                            |   | 850      |                                                                                                      |   |   | 213,260 |   |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Net                  cash provided by financing activities                         |   |                                                            | -        |   |                                                            |   | 420,850  |                                                                                                      |   |   | 935,960 |   |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Increase                  (decrease) in cash during the period                     |   |                                                            | (235,885 | )      |                                                            |   | 203,806  |                                                                                                      |   |   | 52,222 |   |
| Cash,                  beginning of period                                         |   |                                                            | 288,107  |   |                                                            |   | 273,841  |                                                                                                      |   |   | - |   |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Cash,                  end of period                                               |   | $                                                               | 52,222   |   |                                                            | $      | 477,647  |                                                                                                      |   | $ | 52,222 |   |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Supplemental                  disclosure of cash flow information:                 |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Cash                  paid for:                                                    |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Interest                                                                           |   | $                                                               | -        |   |                                                            | $      | -        |                                                                                                      |   | $ | - |   |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Income                  taxes                                                      |   | $                                                               | -        |   |                                                            | $      | -        |                                                                                                      |   | $ | - |   |
|                                                                               |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Non-cash                  transactions                                             |   |                                                            |     |   |                                                            |   |     |                                                                                                      |   |   |   |   |
| Shares                  issued on acquisition of Instant Wirefree, Inc.            |   | $                                                               | -        |   |                                                            | $      | -        |                                                                                                      |   | $ | 18,700 |   |
| Shares                  issued to settle debt                                      |   | $                                                               | -        |   |                                                            | $      | -        |                                                                                                      |   | $ | 213,260 |   |

----

**VANGUARD        MINERALS CORPORATION**

|                                                                                                                                |   | Common                  Stock |       |   | AdditionalPaid-in          |   |   | DeficitAccumulatedDuring                  thePre-exploration |   |   |    |   |
|-------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|------------|--------|----------------------------|--------|--------|--------------------------------------------------------------|--------|--------|---------|--------|
|                                                                                                                                |   | Shares                        |       |   | Par                  Value |   |   | Capital                                                      |   |   | Stage   |   |   | Total |   |
| Common                  stock issued for cash – at $0.001                                                                     |   |                          | 2,700,000  |   |                       | $      | 2,700  |                                                         |   | $      | -       |   |   | $ | - |   |   | $ | 2,700 |   |
|                                                                                                                                |   |                          |       |   |                       |   |   |                                                         |   |   |    |   |   |   |   |   |   |   |   |   |
| Common                  stock issued for mineral property costs – at $0.05                                                    |   |                          | 650,000    |   |                       |   | 650    |                                                         |   |   | 31,850  |   |   |   | - |   |   |   | 32,500 |   |
|                                                                                                                                |   |                          |       |   |                       |   |   |                                                         |   |   |    |   |   |   |   |   |   |   |   |   |
| Net                  loss for the period                                                                                            |   |                          | -          |   |                       |   | -      |                                                         |   |   | -       |   |   |   | (127,977 | ) |   |   | (127,977 | ) |
|                                                                                                                                |   |                          |       |   |                       |   |   |                                                         |   |   |    |   |   |   |   |   |   |   |   |   |
| Balance,                  December 31, 2003                                                                                         |   |                          | 3,350,000  |   |                       | $      | 3,350  |                                                         |   | $      | 31,850  |   |   | $ | (127,977 | ) |   | $ | (92,777 | ) |
| Net                  loss for the period                                                                                            |   |                          | -          |   |                       |   | -      |                                                         |   |   | -       |   |   |   | (84,812 | ) |   |   | (84,812 | ) |
|                                                                                                                                |   |                          |       |   |                       |   |   |                                                         |   |   |    |   |   |   |   |   |   |   |   |   |
| Balance,                  December 31, 2004                                                                                         |   |                          | 3,350,000  |   |                       | $      | 3,350  |                                                         |   | $      | 31,850  |   |   | $ | (212,789 | ) |   | $ | (177,589 | ) |
| Common                  stock issued for cash pursuant to a public offering at                  $.05                                |   |                          | 6,000,000  |   |                       |   | 6,000  |                                                         |   |   | 294,000 |   |   |   |   |   |   |   | 300,000 |   |
| Net                  loss for the period                                                                                            |   |                          | -          |   |                       |   | -      |                                                         |   |   | -       |   |   |   | (85,922 | ) |   |   | (85,922 | ) |
|                                                                                                                                |   |                          |       |   |                       |   |   |                                                         |   |   |    |   |   |   |   |   |   |   |   |   |
| Balance,                  December 31, 2005                                                                                         |   |                          | 9,350,000  |   |                       | $      | 9,350  |                                                         |   | $      | 325,850 |   |   | $ | (298,711 | ) |   | $ | 36,489 |   |
| Common                  stock issued for shares of Instant Wirefree, Inc. at $.                  001                                |   |                          | 18,700,000 |   |                       |   | 18,700 |                                                         |   |   | -       |   |   |   | - |   |   |   | 18,700 |   |
| Common                  stock issued for debt at $.004                                                                              |   |                          | 47,550,000 |   |                       |   | 47,550 |                                                         |   |   | 165,710 |   |   |   | - |   |   |   | 213,260 |   |
| Common                  stock issued for cash pursuant to a private placement at $ 1.00                  per                  share |   |                          | 420,000    |   |                       |   | 420    |                                                         |   |   | 419,580 |   |   |   | - |   |   |   | 420,000 |   |
|                                                                                                                                |   |                          |       |   |                       |   |   |                                                         |   |   |    |   |   |   |   |   |   |   |   |   |
| Net                  loss for the period                                                                                            |   |                          | -          |   |                       |   | -      |                                                         |   |   | -       |   |   |   | (356,427 | ) |   |   | (356,427 | ) |
|                                                                                                                                |   |                          |       |   |                       |   |   |                                                         |   |   |    |   |   |   |   |   |   |   |   |   |
| Balance,                  December 31, 2006                                                                                         |   |                          | 76,020,000 |   |                       |   | 76,020 |                                                         |   | $      | 911,140 |   |   | $ | (655,138 | ) |   | $ | 332,022 |   |
| Net                  loss for the period                                                                                            |   |                          | -          |   |                       |   | -      |                                                         |   |   | -       |   |   |   | (256,853 | ) |   |   | (256,853 | ) |
|                                                                                                                                |   |                          |       |   |                       |   |   |                                                         |   |   |    |   |   |   |   |   |   |   |   |   |
| Balance,                  September 30, 2007                                                                                        |   |                          | 76,020,000 |   |                       | $      | 76,020 |                                                         |   | $      | 911,140 |   |   | $ | (911,991 | ) |   | $ | 75,169 |   |

----

**VANGUARD        MINERALS CORPORATION**

| Note                  1 | Interim                  Reporting |
|-------------------------|------------------------------------|

| Note                  2 | Nature                  and Continuance of Operations |
|-------------------------|-------------------------------------------------------|

----

**VANGUARD        MINERALS CORPORATION**

| Note                  3 | Significant                  Accounting Policies |
|-------------------------|--------------------------------------------------|

|   | (a) | Development                    Stage Company |
|--------|-----|----------------------------------------------|

|   | (b) | Capital                    Assets |
|--------|-----|-----------------------------------|

| Computer                    equipment     | 3                    years |
|-------------------------------------------|----------------------------|
| Furniture                    and fixtures | 5                    years |
| Leasehold                    improvements | 3                    years |

|   | (c) | Mineral                    Properties |
|--------|-----|---------------------------------------|

|   | (d) | Environmental                    Costs |
|--------|-----|----------------------------------------|

|   | (e) | Income                    Taxes |
|--------|-----|---------------------------------|

----

**VANGUARD        MINERALS CORPORATION**

|   | (f) | Basic                  Loss per Share |
|--------|-----|---------------------------------------|

|   | (g) | Foreign                  Currency Translation |
|--------|-----|-----------------------------------------------|

| Note                  4 | Capital                  Assets |
|-------------------------|---------------------------------|

|                                    |   |   |   |   | Accumulated  |   |   | Net                  Book ValueSeptember                  30 |   |
|-----------------------------------------|--------|--------|--------|--------|--------------|--------|--------|--------------------------------------------------------------|--------|
|                                    |   | Cost   |   |   | Amortization |   |   | 2007                                                         |   |   | 2006 |   |
|                                    |   |   |   |   |         |   |   |                                                         |   |   |   |   |
| Computer                  equipment     |   | $      | 17,922 |   |         | $      | 5,402  |                                                         |   | $ | 12,520 |   |   | $ | 4,618 |   |
| Furniture                  and fixtures |   |   | 6,569  |   |         |   | 1,623  |                                                         |   |   | 4,946 |   |   |   | 5,740 |   |
| Leasehold                  improvements |   |   | 2,180  |   |         |   | 908    |                                                         |   |   | 1,272 |   |   |   | 1,816 |   |
|                                    |   | $      | 26,671 |   |         | $      | 7,933  |                                                         |   | $ | 18,738 |   |   | $ | 12,174 |   |

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**VANGUARD        MINERALS CORPORATION**

| Note                  5 | Related                  Party Transactions |
|-------------------------|---------------------------------------------|

|                                       |   | Nine                  months ended |   |   | August                  25,2003                  (Date of Incorporation) to |   |
|--------------------------------------------|--------|------------------------------------|--------|--------|-----------------------------------------------------------------------------|--------|
|                                       |   | September                  30      |   |   | September                  30,                                              |   |
|                                       |   | 2007                               |   |   | 2006                                                                        |   |   | 2007 |   |
|                                       |   |                               |   |   |                                                                        |   |   |   |   |
| Consulting                  fees           |   | $                                  | -      |   |                                                                        | $      | 2.000 |   |   | $ | 34,305 |   |
| Interest                                   |   |                               | -      |   |                                                                        |   | 2,500 |   |   |   | 7,500 |   |
| Office                  and miscellaneous  |   |                               | -      |   |                                                                        |   | - |   |   |   | 1,000 |   |
| Salaries                  and compensation |   |                               | 36,694 |   |                                                                        |   | - |   |   |   | 89,694 |   |
| Mineral                  property costs    |   |                               | -      |   |                                                                        |   | - |   |   |   | 2,000 |   |
|                                       |   |                               |   |   |                                                                        |   |   |   |   |   |   |   |
|                                       |   | $                                  | 25,147 |   |                                                                        | $      | 4,500 |   |   | $ | 134,499 |   |

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| **Item                  2.** | **MANAGEMENT'S                  DISCUSSION AND ANALYSIS OR PLAN OF OPERATION** |
|------------------------------|--------------------------------------------------------------------------------|

**Cautionary        Statement Regarding Forward-Looking Statements**

**Overview**

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**Results        of Operations**

**Financial        Condition and Liquidity**

Overview

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Liquidity        and Capital Resources

----

**Plan        of Operation**

We        believe our cash reserves are sufficient to meet our obligations        for the next twelve month period and to pay for administrative expenses of        complying with our obligations as a reporting issuer under the Securities        Exchange Act of 1934. These expenses will be in addition to the cost of        completing our exploration and eventual commencement of a new business in        a        field of technology not yet determined. Since we do not know what our eventual        business will be, there is no way to know what we might wish to spend on        such a        venture, if finances permitted. 

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| **ITEM                  3.** | **CONTROLS                  AND                  PROCEDURES** |
|------------------------------|---------------------------------------------------------------|

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**PART        II - OTHER INFORMATION**

**Item        1.  LEGAL PROCEEDINGS **

**Item        2.  CHANGES IN SECURITIES AND USE OF        PROCEEDS**

**Item        3.  DEFAULT UPON SENIOR SECURITIES**

**Item        4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY        HOLDERS**

**Item        5.  OTHER INFORMATION **

**Item        6.  EXHIBITS and Reports on Form        8-k**

**(a)        Exhibits**

| **Exhibits** | **Document                  Description** |
|--------------|-------------------------------------------|

| 3.1 | Articles                  of Incorporation, incorporated by reference from our Prospectus                  on Form                  SB-2 filed February 13, 2004. File Number                  333-112830. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2 | Bylaws,                  incorporated by reference from our Prospectus on Form SB-2 filed                  February                  13, 2004. File Number 333-112830. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 31.1 | Certification                  of Chief Executive Officer and Chief Financial Officer pursuant                  to 18                  U.S.C. Section 1350, as adopted pursuant to Section 302 of the                  Sarbanes-Oxley Act of 2002. Filed as an Exhibit to this Quarterly                  Report                  on Form 10-QSB. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 32.1 | Certification                  of Chief Executive Officer and Chief Financial Officer pursuant                  to 18                  U.S.C. Section 1350, as adopted pursuant to Section 906 of the                  Sarbanes-Oxley Act of 2002. Filed as an Exhibit to this Quarterly                  Report                  on Form 10-QSB. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES        **

|                                         | **Vanguard                  Minerals Corporation**                                                                                                                                            |
|----------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                         |                                                                                                                                                                                          |
|                                         |                                                                                                                                                                                          |
|                                         |                                                                                                                                                                                          |
|                                         |                                                                                                                                                                                          |
| **DATE:                  November 14, 2007** | */s/                  Vladimir                  Fedyunin                      * |
|                                         | Vladimir                  Fedyunin                                                                                                                                                            |
|                                         | President,                  CEO, Director, Principal Financial                  and Accounting Officer                                                                                        |

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