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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-QSB



|[X]   | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 
|----- | ----------------------------------------------------------------------------------------
|      | FOR THE QUARTERLY PERIOD ENDED JULY 31, 2006                                            
|      |                                                                                         
|      | OR                                                                                      
|      |                                                                                         
|[   ] | Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|      | For the transition period from to                                                       

COMMISSION FILE NUMBER 000-51263

STERLING GOLD CORP.



|NEVADA                                                         | N/A                                 
|-------------------------------------------------------------- | ------------------------------------
|(State of other jurisdiction of incorporation or organization) | (IRS Employer Identification Number)

200 South Main Suite I
Pocatello, ID   83221
(Address of principal executive offices)

(208) 232-5603
(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes [X]     No [   ]

The Registrant is a shell company.  Yes [   ]     No [X]

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PART I. FINANCIAL INFORMATION

ITEM 1.     INTERIM FINANCIAL STATEMENTS



|STERLING GOLD CORP            
|------------------------------
|(An Exploration Stage Company)
|                              
|INTERIM BALANCE SHEETS        
|(Unaudited)                   
|(Stated In U.S. Dollars)      
|                              
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|ASSETS                        
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|Current Assets                
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|LIABILITIES                   
|                              
|Current Liabilities           
|                              
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|SHAREHOLDERS' DEFICIENCY      
|                              
|Authorized:                   
|                              
|                              
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|Issued:                       
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|                              
|                              
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|Additional Paid in Capital    
|                              
|                              
|Deficit                       
|                              
|                              



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|STERLING GOLD CORP.                 
|------------------------------------
|(An Exploration Stage Company)      
|                                    
|INTERIM STATEMENT OF OPERATIONS     
|(Unaudited)                         
|(Stated In U.S. Dollars)            
|                                    
|                                    
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|REVENUES                            
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|EXPENSES                            
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|Net loss for the period             
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|Basic and Diluted Net Loss Per Share
|                                    
|Weighted Average Number of Shares   
|Outstanding                         











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|STERLING GOLD CORP.             
|--------------------------------
|(An Exploration Stage Company)  
|                                
|INTERIM STATEMENTS OF CASH FLOWS
|(Unaudited)                     
|(Stated In U.S. Dollars)        
|                                
|                                
|                                
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|CASH PROVIDED BY (USED FOR):    
|                                
|Operating Activities            
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|Financing Activities            
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|Increase in Cash                
|                                
|Cash, beginning of the year     
|                                
|Cash, end of the period         











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|STERLING GOLD CORP.                                    
|-------------------------------------------------------
|(An Exploration Stage Company)                         
|                                                       
|INTERIM STATEMENT OF STOCKHOLDERS' DEFICIENCY          
|                                                       
|PERIOD FROM INCEPTION JANUARY 26, 2004 TO JULY 31, 2006
|(Stated In U.S. Dollars)                               
|                                                       
|                                                       
|                                                       
|                                                       
|                                                       
|                                                       
|                                                       
|Shares issued for cash at $0.00001                     
|Net loss for the period                                
|Balance, January 31, 2004                              
|                                                       
|Subscriptions received                                 
|Net loss for the year                                  
|Balance, January 31, 2005                              
|                                                       
|Shares issued for cash at $0.10                        
|Net loss for the year                                  
|Balance, January 31, 2006                              
|                                                       
|Shares issued                                          
|Net loss for the period                                
|Balance, April 30, 2006                                
|                                                       
|Shares issued                                          
|Net loss for the period                                
|Balance, July 31, 2006                                 















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|STERLING GOLD CORP.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(An Exploration Stage Company)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|NOTES TO INTERIM FINANCIAL STATEMENTS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|JULY 31, 2006 AND 2005                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|(Unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|(Stated In U.S. Dollars)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|NOTE 1 - BASIS OF PRESENTATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|The unaudited financial statements as of July 31, 2006 included herein have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission.  Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations.  In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.  It is suggested that these financial statements be read in conjunction with the January 31, 2006 audited financial statements and notes thereto.
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|NOTE 2 - MINERAL CLAIM INTEREST                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|On November 18, 2003, the Company acquired, from a private company controlled by the Company's former president, a 100% interest in one mineral claim located in British Columbia, Canada. The consideration for the acquisition was a cash payment of $6,800, which represented reimbursement of the cost paid by the vendor for the staking of the mineral claim.                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|NOTE 3 - NOTE PAYABLE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|The amount is due to a minority shareholder, is unsecured, bears interest at 10% per annum and is payable within one year. Included in the amount is $500 of accrued interest.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|NOTE 4 - ADVANCE PAYABLE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|The amount is due to a former director of the Company, is unsecured, and interest free with no specific terms of repayment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           







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ITEM 2.     MANAGEMENT DISCUSSION AND ANALYSIS

This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance.  Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events.  You should not place undue certainty on these forward-looking statements, which apply only as of the date of this prospectus.  These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

We are a start-up, exploration stage corporation and have not yet generated or realized any revenues from our business operations.

Our auditors have issued a going concern opinion.  This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues and no revenues are anticipated until we begin removing and selling minerals.  Our success or failure will be determined by what we find under the ground.  We have begun exploration of the property.

We are conducting research in the form of exploration of the property.  We are not going to buy or sell any plant or significant equipment during the next twelve months.  We will not buy any equipment until we have located a body of ore and we have determined it is economical to extract the ore from the land.

We do not intend to interest other companies in the property if we find mineralized materials.  We intend to try to develop the reserves ourselves.

If we are unable to complete any phase of exploration because we don't have enough money, we will cease operations until we raise more money.  If we can't or don't raise more money, we will cease operations.  If we cease operations, we have no plans as to what we will do.

All of the work on the property is being conducted by unaffiliated independent contractors.  The independent contractors are responsible for surveying, geology, engineering, exploration, and excavation.  The geologists will evaluate the information derived from the exploration and excavation and the engineers will advise us on the economic feasibility of removing the mineralized material.

Milestones

The following are our milestones:

1.   90 days from the date of this report. -  Core drilling.  Core drilling will cost $20.00 per foot.  The number of holes to be drilled will be dependent upon the amount raised from the offering.  Core drilling we be subcontracted to non-affiliated third parties.  Time to conduct the core drilling - 90 days.





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2.   180 days from the date of this report.  Have independent an third party analyze the samples from the core drilling.  Determine if mineralized material is below the ground.  If mineralized material is found, define the body.  We estimate that it will cost $10,000 to analyze the core samples and will take 30 days.

Limited Operating History; Need for Additional Capital

There is no historical financial information about us upon which to base an evaluation of our performance.  We are an exploration stage corporation and have not generated any revenues from operations.  We cannot guarantee we will be successful in our business operations.  Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.

Results of Operations

From Inception on January 24, 2004

We will conduct our exploration activities on one property containing one claim.  The property is staked and we will begin our exploration plan upon completion of our public offering.

Since inception, we have used loans from Woodburn Holdings Ltd., a corporation owned by Robert Baker, our former president and a loan from Dimac Capital Corporation, a corporation owned by Katherine MacDonald, one of our former shareholders,  to stake the property, to incorporate us, and for legal and accounting expenses.  Net cash provided by them from inception on January 24, 2004 to April 30, 2006 was $1,529.  The loans are not evidenced by any written instrument and are without interest.

Liquidity and Capital Resources

As of the date of this report, we have yet to generate any revenues from our business operations.

In January 2004, we issued 5,000,000 shares of common stock pursuant to the exemption from registration contained in section 4(2) of the Securities Act of 1933.  This was accounted for as a purchase of shares of common stock.

On November 18, 2004, our public offering was declared effective by the SEC (SEC file no. 333-112988).  On May 10, 2005, we completed our public offering and sold 1,005,000 shares of common stock and raised $100,500.  There was no underwriter involved in our public offering.







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ITEM 3.     CONTROLS AND PROCEDURES

(a)   Evaluation of Disclosure Controls and Procedures: Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in the reports filed under the Exchange Act is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based upon and as of the date of that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective to ensure that information required to be disclosed in the reports our files and submits under the Exchange Act is recorded, processed, summarized and reported as and when required.

(b)   Changes in Internal Control over Financial Reporting: There were no changes in our internal control over financial reporting identified in connection with our evaluation of these controls as of the end of the period covered by this report that could have significantly affected those controls subsequent to the date of the evaluation referred to in the previous paragraph, including any correction action with regard to significant deficiencies and material weakness.

There were no changes in our internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any deficiencies or material weaknesses of internal controls that would require corrective action.

PART II - OTHER INFORMATION

ITEM 2.     USE OF PROCEEDS.

On November 18, 2004, our public offering was declared effective by the SEC (SEC file no. 333-112988).  On May 10, 2005, we completed our public offering and sold 1,005,000 shares of common stock and raised $100,500.  There was no underwriter involved in our public offering.  For the proceeds of the public offering we paid the following through July 31, 2006:



|Exploration             | $     | 20,000
|----------------------- | ----- | ------
|Consulting Fees         |       | 17,300
|Legal Fees              |       | 9,420 
|Accounting Fees         |       | 9,659 
|Regulatory Fees         |       | 1,965 
|Office & Sundry Expense |       | 3,044 
|Travel                  |       | 8,635 
|Loan Payments           |       | 22,822
|                        |       |       
|                        | Total | $     



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Of the foregoing, we deviated from the Use of Proceeds as set forth in our registration statement and used a portion of the forgoing for loan payments.

ITEM 6.     EXHIBITS AND REPORTS ON FORM 8-K.

The following Exhibits are attached hereto:



|Exhibit No. | Document Description                                                                                                                                                                          
|----------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |                                                                                                                                                                                               
|31.1        | Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-15(a) and Rule 15d-15(a), promulgated under the Securities Exchange Act of 1934, as amended.
|           
|32.1        | 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.                

























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SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on this 11th day of September, 2006.



| | STERLING GOLD CORP.
| | -------------------
| | (Registrant)       
| |                    
| | BY:                
| |                    
| |                    





























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