UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549



FORM 10-Q



QUARTERLY REPORT UNDER SECTION 13 OR
15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934



For the Quarterly Period ended December
31, 2008



Commission File Number
      333-152052



[tri10q021309apg002.gif]



TREVENEX RESOURCES, INC.

(Exact name of registrant as
specified in charter)



|                                                               |  |                                     
|-------------------------------------------------------------- |  | ------------------------------------
|Nevada                                                         |  | 98-0408708                          
|(State or other jurisdiction
of
incorporation or
organization) |  | (I.R.S. Employer Identification
No.)



|                                             |  |           
|-------------------------------------------- |  | ----------
|25 West Cataldo, Suite A Spokane,
Washington |  | 99202     
|(Address of principal executive
offices)     |  | (Zip
Code)



|                                                    
|----------------------------------------------------
|(509) 869-6877                                      
|(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  ̈



Indicate by check mark whether the
registrant is a large accelerated filer, an accelerated filer, a non-accelerated
filer, or a smaller reporting company. See the definitions of large accelerated
filer, accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act. (Check one):

|                                              |                            
|--------------------------------------------- | ---------------------------
|Large accelerated filer  ̈                     | Accelerated filer  ̈        
|Non-accelerated filer  ̈                       | Smaller reporting company x
|(Do not check if a smaller reporting
company) |                            



Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Exchange Act).

Yes x  No  ̈



On February 13, 2009, 1,500,000 shares of
the registrant's common stock, par value $.001 per share, were outstanding.



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TABLE OF CONTENTS

|                        |                                                                                       |   
|----------------------- | ------------------------------------------------------------------------------------- | --
|                        |                                                                                       |   
|ITEM NUMBER AND CAPTION | PAGE                                                                                 
|                        |                                                                                       |   
|PART I                  |                                                                                       | 3 
|                        |                                                                                       |   
|ITEM 1.                 | Financial Statements                                                                  | 3 
|ITEM 2.                 | Managements Discussion and Analysis of Financial
Condition And Results of Operations | 12
|ITEM 3.                 | Quantitative and Qualitative Disclosures About
Market Risk                            | 14
|ITEM 4T.                | Controls and Procedures                                                               | 14
|                        |                                                                                       |   
|PART II                 |                                                                                       | 15
|                        |                                                                                       |   
|ITEM 1.                 | Legal Proceedings                                                                     | 15
|ITEM 1A.                | Risk Factors                                                                          | 15
|ITEM 2.                 | Unregistered Sales of Equity Securities and Use of
Proceeds                           | 15
|ITEM 3.                 | Defaults Upon Senior Securities                                                       | 15
|ITEM 4.                 | Submission of Matters to a Vote of Security
Holders                                   | 15
|ITEM 5.                 | Other Information                                                                     | 15
|ITEM 6.                 | Exhibits                                                                              | 15





- 2 -

---

PART
I

ITEM 1.  FINANCIAL STATEMENTS



|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|---------------------------------------------------------------------------------------------------------- | ---------------- | --------- |  | -------- | ------- | ------ | ------- | ------------ | ------ | --------
|Trevenex Resources, Inc.                                                                                  
|(An Exploration Stage Company)                                                                            
|BALANCE SHEET                                                                                             
|                                                                                                          
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|                                                                                                           |                  |           |  |          |         |        |         | December 31, |        | June 30,
|                                                                                                           |                  |           |  |          |         |        |         | 2008         |        | 2008    
|                                                                                                           |                  |           |  |          |         |        |         | (unaudited)  |        |         
|Assets                                                                                                     |                  |           |  |          |         |        |         |              |        |         
|Current Assets                                                                                             |                  |           |  |          |         |        |         |              |       
|                                                                                                           | Cash             |           |  |          |         |        | $       | 371          | $      | 14,462  
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|Total Current Assets                                                                                       |                  |           |  |          |         |        | 371     |              | 14,462
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|Property                                                                                                   |                  |           |  |          |         |        |         |              |        |         
|                                                                                                           | Mineral Property |           |  |          |         |        | 40,000  |              | 40,000
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|Total Assets                                                                                               |                  |           |  |          |         | $      | 40,371  | $            | 54,462
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|Liabilities and Stockholders Equity                                                                        |                  |           |  |          |         |        |        
|                                                                                                           | Accounts Payable |           |  |          |         | $      | 39,220  | $            | 12,678
|Total Current Liabilities                                                                                  |                  |           |  |          |         | 39,220 |         | 12,678      
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|Stockholders Equity                                                                                        |                  |           |  |          |         |        |         |              |       
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|Preferred stock; 10,000,000
shares authorized $.001 par value, no shares issued and outstanding            |                  | -         |  | -       
|Common stock; 100,000,000 shares
authorized $.001 par value, with  1,500,000 shares issued and
outstanding |                  | 1,500     |  | 1,500   
|Capital in Excess of Par
Value                                                                             |                  |           |  |          | 118,800 |        | 118,800
|Deficit accumulated during the
exploration stage                                                           |                  | (119,149) |  | (78,516)
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|Total Stockholder's Equity                                                                                 |                  |           |  |          |         | 1,151  |         | 41,784      
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         
|Total Liabilities and Stockholder's Equity                                                                 |                  |           |  | $        | 40,371  | $      | 54,462 
|                                                                                                           |                  |           |  |          |         |        |         |              |        |         



The accompanying condensed notes are an
integral part of these interim financial statements.



- 3 -

---



|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|----------------------------------------------------------- | - | --------- | -------- | --------- | ------------------------------- | --------- | ------------------------------- | --------- | ----------------------------- | --------- | ----------------------------- | --------- | ---------------------------------------------------
|Trevenex Resources, Inc.                                   
|(An Exploration Stage Company)                             
|Statement of Operations                                    
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|                                                            |   |           |          |           | Three Months Ended December 31, |           | Three
Months Ended December
31, |           | Six
Months
Ended December
31, |           | Six
Months Ended December
31, |           | From Inception at December 10, 2007 to
December 31,
|                                                            |   |           |          |           | 2008                            |           | 2007                            |           | 2008                          |           | 2007                          |           | 2008                                               
|                                                            |   |           |          |           | (unaudited)                     |           | (unaudited)                     |           | (unaudited)                   |           | (unaudited)                   |           | (unaudited)                                        
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Revenue                                                     |   |           |          | $         | -                               | $         | -                               | $         | -                             | $         | -                             | $         | -                                                  
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Expenses                                                    |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|General Administrative                                      |   |           | 821      |           | 10                              |           | 1,476                           |           | 10                            |           | 8,936                        
|Exploration Costs                                           |   |           | -        |           | -                               |           | -                               |           | -                             |           | 34,354                       
|Legal & Accounting                                          |   |           | 10,944   |           | 6,500                           |           | 39,158                          |           | 6,500                         |           | 75,859                       
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Total Expenses                                              |   |           |          | 11,764    |                                 | 6,510     |                                 | 40,633    |                               | 6,510     |                               | 119,149  
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Net Income(Loss) From Operations                            |   | (11,764)  |          | (6,510)   |                                 | (40,633)  |                                 | (6,510)   |                               | (119,149)
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Net Other Income(Expense)                                   |   |           | -        |           | -                               |           |                                 |           |                               |           | -                            
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Income (Loss) Before Taxes                                  |   |           | (11,764) |           | (6,510)                         |           | (40,633)                        |           | (6,510)                       |           | (119,149)                    
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Provision for Income Taxes                                  |   |           | -        |           | -                               |           | -                               |           | -                             |           | -                            
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Net Income (Loss)                                           |   |           |          | (11,764)  |                                 | (6,510)   |                                 | (40,633)  |                               | (6,510)   |                               | (119,149)
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Basic and fully diluted loss per share                      | $ | (0.01)    | $        | (0.00)    | $                               | (0.03)    | $                               | (0.00)    | $                             | (0.08)   
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    
|Basic and fully diluted
weighted
average shares
outstanding |   | 1,500,000 |          | 1,500,000 |                                 | 1,500,000 |                                 | 1,500,000 |                               | 1,500,000
|                                                            |   |           |          |           |                                 |           |                                 |           |                               |           |                               |           |                                                    



The accompanying condensed notes are an
integral part of these interim financial statements.



- 4 -



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|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                     |  | 
|----------------------------------------------------------- | --------------------------------------- |  | - | -------- | -------- | -------- | -------- | ----------------------------- | --------- | --------------------------------------------------- |  | 
|Trevenex Resources, Inc.                                   
|(An Exploration Stage Company)                             
|Statement of Cash Flow                                     
|                                                            |                                        
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|                                                            |                                         |  |   |          |          |          |          | Six Months Ended December 31, |           | From Inception at December 10, 2007 to
December 31,
|                                                            |                                         |  |   |          |          |          |          | 2008                          |           | 2008                                               
|                                                            |                                         |  |   |          |          |          |          | (unaudited)                   |           | (unaudited)                                        
|Cash Flow from Operating Activities:                        |                                         |  |   |          |          |          |         
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Net Income (Loss)                                           |                                         |  |   |          |          | $        | (40,633) | $                             | (119,149)
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Adjustments to reconcile Net Income (Loss) to
net           |                                         |  |   |          |          |         
|                                                            | Cash provided by operations:            |  |   |          |          |          |          |                              
|                                                            | Increase (Decrease) in Accounts Payable |  |   |          | 26,542   |          | 39,220  
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Net cash (used) provided in
operating activities            |                                         |  |   | (14,091) |          | (79,929)
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Cash Flow from Investing Activities:                        |                                         |  |   |          |          |          |         
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|                                                            | Purchase of Land                        |  |   |          |          |          | -        |                               | (40,000) 
|Net Cash Provided by (Used in)
used in Investing Activities |                                         |  | - |          | (40,000)
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Cash Flow from Financing Activities:                        |                                         |  |   |          |          |          |         
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|                                                            | Common Stock Sold                       |  |   |          |          |          | -        |                               | 120,300  
|Net Cash Provided by (Used in)
used in Financing Activities |                                         |  | - |          | 120,300 
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Net change in cash and cash
equivalents                     |                                         |  |   | (14,091) |          | 371     
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Cash, Beginning of Period                                   |                                         |  |   |          |          | 14,462   |          | -                            
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Cash, End of Period                                         |                                         |  |   |          | $        | 371      | $        | 371                          
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Non Cash Transactions:                                      |                                         |  |   |          |          |          |          |                              
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    
|Common Stock issued for Mineral Property                    |                                         |  |   |          | -        |          | 20,000  
|                                                            |                                         |  |   |          |          |          |          |                               |           |                                                    



The accompanying condensed notes are an integral part of these
interim financial statements.



- 5 -



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TREVENEX RESOURCES, INC.(AN EXPLORATION STAGE
COMPANY)CONDENSED NOTES TO INTERIM FINANCIAL STATEMENTS December 31,
2008





NOTE 1   ORGANIZATION AND DESCRIPTION OF
BUSINESS

Trevenex Resources, Inc. (an Exploration Stage Company)
(hereinafter the Company) was incorporated on December 10, 2007 under the laws
of the State of Nevada for the purpose of  acquiring, exploring and
developing mineral properties.  The Company has been in the exploration
stage since its formation and has not yet realized any revenues from its planned
operations.  The company maintains an office in Spokane, WA.

The unaudited financial information furnished herein reflects all
adjustments which, in the opinion of management, are necessary to fairly state
the Companys financial position and the results of its operations for the
periods presented.  These unaudited financial statements should be read in
conjunction with the Companys audited financial statements and notes thereto
for the year ended June 30, 2008 included in the Companys annual report on Form
10-K filed with the SEC on September 30, 2008. The results of operations for the
quarter ended December 31, 2008 are not necessarily indicative of results of the
entire year ending June 30, 2009.

The Companys year end is June 30.

NOTE 2  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of significant accounting policies is presented to
assist in understanding the financial statements.  The financial statements
and notes are representations of the Companys management, which is responsible
for their integrity and objectivity.  These accounting policies conform to
accounting principles generally accepted in the United States of America and
have been consistently applied in the preparation of the financial
statements.

Accounting Method

The Company uses the accrual basis of accounting in accordance
with accounting principles generally accepted in the United States of
America.

Use of Estimates

The process of preparing the financial statements in conformity
with accounting principles generally accepted in the United States of America
requires the use of estimates and assumptions regarding certain types of assets,
liabilities, revenues, and expenses.  Such estimates primarily relate to
unsettled transactions and events as of the date of the financial statements.
Accordingly, upon settlement, actual results may differ from estimated
amounts.

Cash and Cash Equivalents

Cash and cash equivalents consists of cash on deposit and term
deposits with a maturity of less than three months from the date of
purchase.

Mineral Property Interests

The Company is an exploration stage mining company and has not yet
realized any revenue from its operations.  It is primarily engaged in the
acquisition, exploration and development of mining properties.  Exploration
costs are expensed as incurred regardless of the stage of development or
existence of reserves.  Costs of acquisition are capitalized subject to
impairment testing, in accordance with Financial Accounting Standards 144 (FAS
144), Accounting for the Impairment or Disposal of Long-Lived Assets, when
facts and circumstances indicate impairment may exist.

- 6 -



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TREVENEX RESOURCES, INC.(AN EXPLORATION STAGE
COMPANY)CONDENSED NOTES TO INTERIM FINANCIAL STATEMENTS December 31,
2008



The Company regularly performs evaluations of any investment in
mineral properties to assess the recoverability and/or the residual value of its
investments in these assets.  All long-lived assets are reviewed for
impairment whenever events or circumstances change which indicate the carrying
amount of an asset nay not be recoverable.

Management periodically reviews the carrying value of its
investments in mineral leases and claims with internal and external mining
related professionals.  A decision to abandon, reduce or expand a specific
project is based upon many factors including general and specific assessments of
mineral deposits, anticipated future mineral prices, anticipated future costs of
exploring, developing and operating a production mine, the expiration term and
ongoing expenses of maintaining mineral properties and the general likelihood
that the Company will continue exploration on such project.  The Company
does not set a pre-determined holding period for properties with unproven
deposits, however, properties which have not demonstrated suitable metal
concentrations at the conclusion of each phase of exploration program are
re-evaluated to determine if future exploration is warranted, whether there has
been any impairment in value and that their carrying values are appropriate.

If an area of interest is abandoned or it is determined that its
carrying value cannot be supported by future production or sale, the related
costs are charged against operations in the year of abandonment or determination
of value.  The amounts recorded as mineral leases and claims represent
costs to date and do not necessarily reflect present or future values.

The Companys exploration activities and proposed mine development
are subject to various laws and regulations governing the protection of the
environment.  These laws are continually changing, generally becoming more
restrictive.  The Company has made, and expects to make in the future,
expenditures to comply with such laws and regulations.

The accumulated costs of properties that are developed on the
stage of commercial production will be amortized to operations through
unit-of-production depletion.

Fair Value of Financial Instruments

The carrying value of cash, and accounts payable and accrued
liabilities approximate their fair value because of there short maturity of
these instruments.

The Company has adopted Financial Accounting Standards Board
(FASB) SFAS No. 157, Fair Value Measurements (SFAS 157).  The provisions of
SFAS 157 are applicable to all of the Companys assets and liabilities that are
measured and recorded at fair value.  SFAS 157 establishes a new framework
for measuring fair value and expands related measured and recorded at fair value
as the price that would be received for an asset or the exit price that would be
paid to transfer a liability in the principal or most advantageous market in an
orderly transaction between market participants.  SFAS 157 establishes a
fair value hierarchy that gives the highest priority to observable inputs and
the lowest priority to unobservable inputs.  The three levels of fair value
hierarchy defined by SFAS 157 are described below:

|        |                                                                                                                                                            
|------- | -----------------------------------------------------------------------------------------------------------------------------------------------------------
|Level 1 | Quoted market prices available in active markets for
identical assets or liabilities as of the reporting date.                                             
|Level 2 | Pricing inputs other than quoted prices in active markets
included in Level 1, which are either directly or indirectly observable as
of the reporting date.
|Level 3 | Pricing inputs that are generally observable inputs and not
corroborated by market data.                                                                   

The Company does not have any assets or
liabilities measured at fair value on a recurring basis at December 31,



- 7 -

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TREVENEX RESOURCES, INC.(AN EXPLORATION STAGE
COMPANY)CONDENSED NOTES TO INTERIM FINANCIAL STATEMENTS December 31,
2008



2008. The Company did not have any fair
value adjustments for assets and liabilities measured at fair value on a
nonrecurring basis during the six months ended December 31, 2008.

Provision for Taxes

Income taxes are provided based upon the liability method of
accounting pursuant to SFAS No. 109 Accounting for Income Taxes.  Under
this approach, deferred income taxes are recorded to reflect the tax
consequences on future years of differences between the tax basis of assets and
liabilities and their financial reporting amounts at each year end.  A
valuation allowance is recorded against deferred tax assets if management does
not believe the Company has met the more likely than not standard imposed by
SFAS No. 109 to allow recognition of such an asset.

At December 31, 2008 the Company has net operating loss carry
forwards of approximately $ 119,150 which expire in 2029.

Basic and Diluted Loss Per Share

Loss per share was computed by dividing the net loss by the
weighted average number of shares outstanding during the period.  The
weighted average number of shares was calculated by taking the number of shares
outstanding and weighting them by the amount of time that they were outstanding.
 Basic and diluted loss per share was the same, as there were no common
stock equivalents outstanding.

Going Concern

As shown in the accompanying financial statements, the Company has
no revenues, has incurred a net loss of $40,633  for the six months ended
December 31, 2008 and has an accumulated deficit of $119,149.  These
factors indicate that the Company may be unable to continue in existence.
 The financial statements do not include any adjustments related to the
recoverability and classification of recorded assets, or the amounts and
classification of liabilities that might be necessary in the event the Company
cannot continue in existence.  The Company plans to seek additional capital
that will provide funds to increase liquidity, and provide for its continued
business plan.

Marketing and Advertising

Marketing and advertising costs are expensed as incurred.

Revenue recognition

Revenue will be recognized when the amounts are contractually
earned, fixed and determinable, and there is substantial probability of
collection.

Accounting Pronouncements

In May 2008, the FASB issued SFAS No. 162, The Hierarchy of
Generally Accepted Accounting Principles.  SFAS 162 will provide framework
for selecting accounting principles to be used in preparing financial statements
that are presented in conformity with U.S. generally accepted accounting
principles (GAAP) for nongovernmental entities.  SFAS 162 will be effective
60 days following the Securities and Exchange Commissions approval of the
Public Company Accounting Oversight Board (PCAOB) amendments to AU Section
411.  The Company does not expect the adoption of SFAS 162 will have a
material impact on its financial condition or results of operation.

In March 2008, the Financial Accounting Standards Board issued
Statement of Financial Accounting Standards No. 161, "Disclosures about
Derivative Instruments and Hedging Activities - an amendment of FASB Statement
No. 133" (FAS 161).  FAS 161 amends and expands disclosures about
derivative instruments and hedging activities.

- 8 -

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TREVENEX RESOURCES, INC.(AN EXPLORATION STAGE
COMPANY)CONDENSED NOTES TO INTERIM FINANCIAL STATEMENTS December 31,
2008



FAS 161 required qualitative disclosures about the objectives and
strategies of derivative instruments, quantitative disclosures about the fair
value amounts of and gains and losses on derivative instruments, and disclosures
of credit-risk-related contingent features in hedging activities. FAS 161 is
effective for fiscal years beginning after November 15, 2008 and will be
effective for the Company in fiscal year 2010. Early adoption is prohibited;
however, presentation and disclosure requirements must be retrospectively
applied to comparative financial statements. The Company does not expect the
adoption of SFAS 161 will have a material impact on its financial condition or
results of operation.

NOTE 3  MINING CLAIMS

In December  2007, the Company, through its president,
acquired, for $ 20,000 and 200,000 shares of stock, 100% of the rights, in the
Bayhorse mining claims in Baker, Oregon.  The property was quit claimed to
the Company immediately, so the Company has full rights to the Bayhorse mining
claims.   The Bayhorse mining claims are located approximately 6.5
miles NE of the community of Huntington Oregon, in sections 8, 9, 16, 17, 19, 20
and 21, T, 13 S., R. 45 E., Willamette Meridian.

NOTE 4   PREFERRED AND COMMON
STOCK

The Company is authorized to issue 10,000,000 shares of $
0.001 par value preferred stock.  All shares have equal voting rights, are
non-assessable and have one vote per share.  Voting rights are not
cumulative and, therefore, the holders of more than 50% of the preferred stock
could, if they choose to do so, elect all of the directors of the Company.
 There are no preferred shares issued.

The Company is authorized to issue 100,000,000 shares of $ 0.001
par value common stock.  All shares have equal voting rights, are
non-assessable and have one vote per share.  Voting rights are not
cumulative and, therefore, the holders of more than 50% of the common stock
could, if they choose to do so, elect all of the directors of the Company.

The Company sold 100,000 shares of common stock to each director
for $ 100.

The directors are

Director

Shares

Amount

Scott Wetzel

100,000

$ 100.00

Ted Wagner

100,000

$ 100.00

Ray Kuh

100,000

$ 100.00

Total

300,000

$
300.00

======



======



During the Period ended December 31, 2007, the Company sold
1,000,000 shares of common stock in a private placement for cash of $100,000
($0.10 per share).  The Company also issued 200,000 shares and $ 20,000 in
cash for the Bayhorse mining claims in Baker, Oregon.  Since, period end
December 31, 2007 there have been no further issuance of common stock.

During the period ended December 31, 2008, the Company did not
issue any stock.

- 9 -

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TREVENEX RESOURCES, INC.(AN EXPLORATION STAGE
COMPANY)CONDENSED NOTES TO INTERIM FINANCIAL STATEMENTS December 31,
2008



NOTE 5   STOCK OPTION
PLAN

The Companys board of directors approved the adoption of the
2007 Non-Qualified Stock Option and Stock Appreciation Rights Plan by
unanimous consent on December 10, 2007.  This plan was initiated to
encourage and enable officers, directors, consultants, advisors and other key
employees of the Company to acquire and retain a proprietary interest in the
Company by ownership of its common stock.  A total of 1,000,000 of the
authorized shares of the Companys common stock may be subject to, or issued
pursuant to, the terms of the plan.  No options have been issued under the
plan as of December 31, 2008.

NOTE 6   COMMITMENTS AND
CONTINGENCIES

Rental and Secretarial Service
Agreement

The Company has a month-to-month agreement
with Scott Wetzel, the President of the Company, whereby Mr. Wetzel provides
office space, phone access and secretarial services for $200 per month.



NOTE 7

PROPERTY PLANT AND EQUIPMENT

The Company records all purchases of property, plant and equipment
at cost with annual review of impairment of long lived assets.  The Company
acquired the right to purchase a piece of property in Baker Oregon with 3
patented mining claims, and the Company acquired the property and closed on said
property on December 26, 2007.  The property went through a closing agent
on December 26, 2007, title insurance was issued by an independent title company
and valid consideration for the property in the amount of $20,000 cash and
200,000 shares of common stock was conveyed to the seller.

NOTE 8

IMPAIRMENT OF MINING PROPERTY, PLANT AND
EQUIPMENT

As of December 31, 2008 there were no independently established
reserves or resources of commercial grade on the Companys properties.

The cost of mineral properties is related to exploration
properties.  The Company has not determined whether the exploration
properties contain ore reserves that are economically recoverable.  The
ultimate realization of the Companys investment in exploration properties is
dependent upon the success of future property sales, the existence of
economically recoverable reserves, and the ability of the Company to obtain
financing or make other arrangements for development and upon future profitable
production.

NOTE 9

COMPLIANCE WITH ENVIRONMENTAL REGULATIONS

The Company is subject to a variety of federal, state and local
statutes, rules and regulations designed to protect human health and the
environment in the vicinity of its mining operations.  Activities at the
Companys mining operations include continual efforts to meet or exceed these
statutes, rules and regulations.  These regulations include permitting or
pre-operating approval requirements designed to ensure the environmental
integrity of a proposed mining facility, operating requirements to mitigate the
effects of discharges into the environment during mining operations, and
reclamation or post-operation requirements designed to remediate the lands
affected by a mining facility.  The Company currently is not applying or
seeking approval for a mining facility or discharge permits at this time, since
the Company is just in the exploration stage.

NOTE 10   INCOME TAXES

Income taxes are provided based upon the
liability method of accounting pursuant to Statement of Financial Accounting
Standards No. 109, Accounting for Income Taxes (hereinafter SFAS No. 109).
 Under this approach, deferred income taxes are recorded to reflect the tax
consequences in future years of differences between



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TREVENEX RESOURCES, INC.(AN EXPLORATION STAGE
COMPANY)CONDENSED NOTES TO INTERIM FINANCIAL STATEMENTS December 31,
2008



the tax basis of assets and liabilities and
their financial reporting amounts at each year-end.  A valuation allowance
is recorded against deferred tax assets if management does not believe the
Company has met the more likely than not standard imposed by SFAS No. 109 to
allow recognition of such an asset.



Effective December 10, 2007, the Company adopted the
Financial Accounting Standards Board (FASB) Interpretation No. 48,
Accounting for Uncertainty in Income Taxesan interpretation of FASB
Statement No. 109 (FIN 48). FIN 48 clarifies the accounting for
uncertainty in income taxes recognized in an enterprises financial statements
in accordance with FASB Statement No. 109, Accounting for Income
Taxes. FIN 48 prescribes a recognition threshold and measurement attribute
for the financial statement recognition and measurement of a tax position taken
or expected to be taken in a tax return. Additionally, FIN 48 provides guidance
on derecognition, classification, interest and penalties, accounting in interim
periods, disclosure, and transition. The adoption of FIN 48 did not have a
material impact on the Companys financial position, results of operation or
liquidity. The current Company policy classifies any interest recognized on an
underpayment of income taxes as interest expense and classifies any statutory
penalties recognized on a tax position taken as selling, general and
administrative expense.

The Company has not taken a tax position that, if
challenged, would have a material effect on the financial statements at December
31, 2008, or during the prior three years applicable under FIN 48.

As a result of the adoption of FIN 48, we did not recognize
any adjustment to the liability for uncertain tax position and therefore did not
record any adjustment to the beginning balance of accumulated deficit on the
consolidated balance sheet.

At December 31, 2008, the Company had deferred tax assets of
approximately $ 40,500 principally arising from net operating loss carry
forwards for income tax purposes calculated at an expected rate of 34%.  As
management of the Company cannot determine that it is more likely than not that
the Company will realize the benefit of the deferred tax assets, a valuation
allowance equal to the deferred tax assets was present at December 31, 2008.

The Companys deferred tax assets are estimated as follows:

|                                       |  |  |            |            |            |              |         
|-------------------------------------- |  |  | ---------- | ---------- | ---------- | ------------ | --------
|                                       |  |  |            |            |            | December 31, | June 30,
|                                       |  |  |            |            |            | 2008         | 2008    
|                                       |  |  |            |            |            |              |         
|Net operating loss carry forward       |  |  |            | ($119,150) | ($ 78,500)
|                                       |  |  |            |            |            |              |         
|Deferred tax asset                     |  |  |            |            | $ 40,500   | $ 26,700    
|Deferred tax asset valuation allowance |  |  | ($ 40,500) | ($ 26,700)
|                                       |  |  |            |            |            |              |         
|Net deferred tax asset                 |  |  |            | -          | -         
|                                       |  |  |            |            |            |              |         

The change in the allowance account from June 30, 2008 to
December 31, 2008 was approximately $13,800.

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ITEM 2.  MANAGEMENTS DISCUSSION
AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS



Forward Looking Statements



From time to time, we or
our representatives have made or may make forward-looking statements, orally or
in writing. Such forward-looking statements may be included in, but not limited
to, press releases, oral statements made with the approval of an authorized
executive officer or in various filings made by us with the SEC. Words or
phrases "will likely result", "are expected to", "will continue", "is
anticipated", "estimate", "project or projected", or similar expressions are
intended to identify "forward-looking statements". Such statements are qualified
in their entirety by reference to and are accompanied by the above discussion of
certain important factors that could cause actual results to differ materially
from such forward-looking statements.



Management is currently
unaware of any trends or conditions other than those previously mentioned in
this management's discussion and analysis that could have a material adverse
effect on our financial position, future results of operations, or liquidity.
However, investors should also be aware of factors that could have a negative
impact on our prospects and the consistency of progress in the areas of revenue
generation, liquidity, and generation of capital resources. These include: (i)
variations in revenue, (ii) possible inability to attract investors for its
equity securities or otherwise raise adequate funds from any source should the
company seek to do so, (iii) increased governmental regulation, (iv) increased
competition, (v) unfavorable outcomes to litigation involving the company or to
which the company may become a party in the future and, (vi) a very competitive
and rapidly changing operating environment.



The above identified
risks are not all inclusive. New risk factors emerge from time to time and it is
not possible for management to predict all of such risk factors, nor can it
assess the impact of all such risk factors on the company's business or the
extent to which any factor or combination of factors may cause actual results to
differ materially from those contained in any forward-looking statements.
Accordingly, forward-looking statements should not be relied upon as a
prediction of actual results.



The financial
information set forth in the following discussion should be read with the
financial statements of Trevenex Resources, Inc. included elsewhere herein.



Exploration Stage Company



We are an exploration
stage corporation that is primarily engaged in the exploration of the Bayhorse
Silver Mine, located in Baker County, Oregon. Trevenex was organized under the
laws of the State of Nevada on December 10, 2007 to engage in exploration of
mineral properties in North America and specifically the Bayhorse Silver Mine.
 The Bayhorse Silver Mine has historically produced silver, copper, lead,
zinc, and antimony in a diverse zone of mineralization, which in managements
opinion warrants continued investigation and exploration.  The Bayhorse
Property comprises 3 patented mineral claims and 66 unpatented claims, BH 1-66,
which surround the patented mining claims and collectively there are a total of
approximately 1,365 acres which make up the property.



Our success depends upon
finding mineralized material on the Bayhorse Property. This includes a
determination by our consultant if the property contains reserves. We have not
selected a consultant as of the date of this report and will not do so until we
have raised additional investment capital



The Bayhorse property is
undeveloped raw land.  We intend to implement an exploration program which
consists of core sampling.  Core sampling is the process of drilling holes
to a depth of up to 300 feet in order to extract samples of earth.  Our
geological consultants will determine where drilling will occur on the property.
 The samples will be tested to determine if mineralized material is located
on the property.  Mineralized material is a mineralized body, which has
been delineated by appropriate spaced drilling or underground sampling to
support sufficient tonnage and average grade of metals to justify removal before
minerals retrieval can begin.  Based upon the tests of the core samples, we
will determine if we will terminate operations, proceed with additional
exploration of the property, or develop the property.  We intend to take
our core samples to analytical chemists, geochemists and registered assayers.
 If mineralized material is found on the property, we have to determine if
it is economically feasible to remove the mineralized material. Economically
feasible means that the costs associated with the removal



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of the mineralized material will not exceed
the price at which we can sell the mineralized material.  We cannot predict
what that will be until we find mineralized material.  Exploration and
surveying has not been initiated and will not be initiated until we raise
additional money.  That is because we do not have money to start
exploration.  Once we have raised additional funds, we intend to start
exploration operations.  If we dont find mineralized material or we cannot
remove mineralized material, either because we do not have the money to do it or
because it is not economically feasible to do it, we will cease operations.



Our management is
presently searching for a strategic partner to fund the next first phase of
exploration or as an alternative, evaluating the feasibility of engaging in a
capital formation program to raise equity or debt capital to undertake the first
phase of exploration.  To fund our planned exploration program we will need
to raise a minimum of $420,000.



We do not intend to hire
additional employees at this time. All of the work on the property will be
conducted by unaffiliated independent contractors that we will hire.  The
independent contractors will be 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.



Financial Condition and Changes in
Financial Condition



We had no revenues in
the quarter ended December 31, 2008.



Net cash used for
operating activities for the six months ended December 31, 2008, totaled
$14,091.  We incurred various costs associated with the operational and
corporate activities during that six months period.  Legal and professional
fees of $39,158 were incurred for services performed with respect to the filing
of an S-1 registration statement, our 10-K annual report, and other reporting
costs.  We incurred no expenses related to geological studies, fieldwork,
site visits, preparation, or mining permit applications and consulting fees.



Liquidity and Capital Resources



Since inception to
December 31, 2008, we have funded our operational expenses from the issuance and
sale of equity securities, payment of consultants and certain employees in
stock, and loans from a shareholder.  In December 2007, we raised $100,000
through the sale of 1,000,000 shares of common stock in a private placement.



As of December 31, 2008,
our assets totaled $40,371, which consisted primarily of three patented mineral
claims which are owned by our company and 66 unpatented mining claims.  We
had cash assets as of December 31, 2008 of $371 as compared to $14,462 as of
June 30, 2008 and $371 as of September 30, 2008.  Our total current
liabilities were $39,220 which consisted of accounts payable.   We had
negative working capital at December 31, 2008.



We have not realized any
revenue from our business operations, have achieved losses since inception, and
have relied upon the sale of our securities and loans from our officers and
directors to fund operations.  We do not have sufficient capital to enable
us to commence and complete our proposed exploration program.  We will
require financing in order to conduct the exploration program described in this
report.  Our auditors have issued a going concern opinion, raising
substantial doubt about our financial prospects and our ability to continue as a
going concern.



We do not have
sufficient capital to carry on operations past March 2009.  We are pursuing
potential equity financing, sub-licensing, and other collaborative arrangements
that may generate additional capital for us.  We cannot assure you that we
will generate sufficient additional capital or revenues, if any, to fund our
operations beyond March 2009, that any future equity financings will be
successful, or that other potential financings through bank borrowings, debt or
equity offerings, or otherwise, will be available on acceptable terms or at all.
 Our long term capital requirements will depend on many factors, including
reporting company costs and public relations fees, among others.

- 13 -

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We
do not currently have any arrangements for financing and we can provide no
assurance to investors we will be able to find such financing when such funding
is required.  Furthermore, there is no assurance that we will not incur
debt in the future, that we will have sufficient funds to repay our future
indebtedness, or that we will not default on our future debts, thereby
jeopardizing our business viability.  Finally, we may not be able to borrow
or raise additional capital in the future to meet our needs or to otherwise
provide the capital necessary to maintain our operations.



We
cannot assure you that we will generate sufficient additional capital or
revenues, if any, to fund our operations beyond March 2009, that any future
equity financings will be successful, or that other potential financings through
bank borrowings, debt or equity offerings, or otherwise, will be available on
acceptable terms or at all.  If we are unable to raise additional capital
when necessary we will have to curtail or cease operations.



New Accounting Pronouncements



Trevenex Resources, Inc.
does not expect the adoption of recently issued accounting pronouncements to
have a significant impact on it, or any of its subsidiaries operating results,
financial position, or cash flow.



ITEM 3.  QUANTITATIVE AND
QUALITATIVE DISCLOSURES ABOUT MARKET RISK



We are a smaller
reporting company as defined by Rule 12b-2 of the Securities Exchange Act of
1934 and are not required to provide the information under this item.



ITEM 4T.  CONTROLS AND
PROCEDURES



Disclosure controls and
procedures are controls and other procedures that are designed to ensure that
information required to be disclosed in company reports filed or submitted under
the Securities Exchange Act of 1934 (the Exchange Act) is recorded, processed,
summarized and reported, within the time periods specified in the Securities and
Exchange Commissions rules and forms.  Disclosure controls and procedures
include, without limitation, controls and procedures designed to ensure that
information required to be disclosed in company reports filed under the Exchange
Act is accumulated and communicated to management, including our Chief Executive
Officer and Chief Financial Officer (our certifying officers), as appropriate to
allow timely decisions regarding required disclosure.



As required by
Rules 13a-15 and 15d-15 under the Exchange Act, our certifying officers
carried out an evaluation of the effectiveness of the design and operation of
our disclosure controls and procedures as of December 31, 2008. Their evaluation
was carried out with the participation of other members of the Companys
management. Based upon their evaluation, our certifying officers concluded that
our disclosure controls and procedures were effective.



There has been no change
in our internal control over financial reporting that occurred in the quarter
ended December 31, 2008, that has materially affected, or is reasonably likely
to affect, our internal control over financial reporting.



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PART II. OTHER INFORMATION



ITEM 1. LEGAL PROCEEDINGS



None.



ITEM 1A.    RISK
FACTORS



We are a smaller reporting company as
defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not
required to provide the information under this item.



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



None.



ITEM 3.  DEFAULTS UPON SENIOR SECURITIES



None



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



We held our Annual
Meeting of Stockholders on January 30, 2009.  Set forth below is a summary
of each matter voted upon at the meeting and the number of votes cast for,
against, withheld or abstained.  Both proposals passed.



Proposal #1: The
election of Scott Wetzel, Ted Wagner, and Raymond Kuh to serve on the Board of
Directors:



|             |  |                              |  |                                       
|------------ |  | ---------------------------- |  | --------------------------------------
|Nominee      |  | Total Votes For All Nominees |  | Total Votes Withheld From All
Nominees
|Scott Wetzel |  | 975,000                      |  | 0                                     
|Ted Wagner   |  | 975,000                      |  | 0                                     
|Raymond Kuh  |  | 975,000                      |  | 0                                     



Proposal #2:
Ratification of the appointment of Williams & Webster, P.S. as our
independent auditors for the year ending June 30, 2009:



|                |  |                     |  |          
|--------------- |  | ------------------- |  | ---------
|Total Votes For |  | Total Votes Against |  | Abstained
|975,000         |  | 0                   |  | 0        



ITEM 5.  OTHER INFORMATION



None



ITEM 6.  EXHIBITS



|               |                                                                                                                                                                    
|-------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit Number | Description of Exhibit                                                                                                                                             
|               |                                                                                                                                                                    
|31.1           | Certification of Principal Executive Officer
pursuant to Rule 13a-14 and Rule 15d-14(a), promulgated under the
Securities and Exchange Act of 1934, as amended  (2)
|               |                                                                                                                                                                    
|31.2           | Certification of Principal Financial Officer
pursuant to Rule 13a-14 and Rule 15d 14(a), promulgated under the
Securities and Exchange Act of 1934, as amended  (2)
|               |                                                                                                                                                                    
|32.1           | Certification pursuant to 18 U.S.C. Section 1350,
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
(Chief Executive Officer). (2)              
|               |                                                                                                                                                                    



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|     |                                                                                                                                                      
|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------
|32.2 | Certification pursuant to 18 U.S.C. Section 1350,
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
(Chief Financial Officer). (2)





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.



|                  |                                                                                                        |                 
|----------------- | ------------------------------------------------------------------------------------------------------ | ----------------
|                  | Trevenex Resources, Inc.                                                                              
|                  |                                                                                                       
|February 13, 2009 | By:                                                                                                    | /s/ Scott Wetzel
|                  | Scott Wetzel
President and Chief Executive Officer
(Principal Executive Officer)                      
|                  |                                                                                                       
|February 13, 2009 | By:                                                                                                    | /s/ Raymond Kuh 
|                  | Raymond Kuh
Chief Financial Officer, Secretary, Treasurer
(Principal Financial and Accounting
Officer)





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