UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-Q

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

               For the quarterly period ended September 30, 2008

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
ACT OF 1934
              For the transition period from ________ to ________
                          Commission file # 333-149617

                            PICKFORD MINERALS, INC.
             (Exact Name of Registrant as Specified in its Charter)

                                     NEVADA
         (State or other jurisdiction of incorporation or organization)

                                   98-0471927
                    (I.R.S. Employer Identification number)

          888 3RD STREET SW, SUITE 1000, CALGARY, ALBERTA     T2P 5C5
            (Address of principal executive offices)     (Zip Code)

                    Issuer's telephone number: 403.561.9535

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

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

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

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

Large  accelerated  filer  [   ]               Accelerated  filer          [   ]
Non-accelerated  filer     [   ]               Smaller  reporting  company [ X ]

Indicate  by check mark whether the registrant is a shell company (as defined in
Rule  12b-2  of  the  Exchange  Act).
     Yes  [X]  No  [  ]

As  of  September  30,  2008, the registrant had 12,451,300 shares of its Common
Stock  outstanding.


<PAGE>
                        PART I -- FINANCIAL INFORMATION

<TABLE>
<CAPTION>

PICKFORD MINERALS, INC.
(An exploration stage company)

Balance Sheets
September 30, 2008
(Unaudited - Prepared by Management)
(EXPRESSED IN U.S. DOLLARS)
-----------------------------------------------------------------------------------------
                                                               September 30   December 31
                                                                       2008          2007
-----------------------------------------------------------------------------------------
<S>                                                            <C>            <C>

ASSETS

CURRENT ASSETS
Cash and cash equivalents                                      $    48,073    $    2,044
Prepaid expenses                                                     1,222         1,222
-----------------------------------------------------------------------------------------

                                                                    49,295         3,266

Exploration program security deposit                                     -         4,809
-----------------------------------------------------------------------------------------

TOTAL ASSETS                                                   $    49,295    $    8,075
=========================================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

CURRENT LIABILITIES
Accounts payable and accrued liabilities                             2,430             -
-----------------------------------------------------------------------------------------

STOCKHOLDERS' EQUITY

SHARE CAPITAL
Authorized:
50,000,000 preferred shares at a par value of $0.0001 per share
Issued and outstanding:  Nil
100,000,000 common shares with a par value of $0.0001 per share
Issued and outstanding:  12,451,300 common shares                    1,245         1,125
                         (December 31, 2007:  11,251,300)

ADDITIONAL PAID-IN CAPITAL                                          78,811        18,931

(DEFICIT) ACCUMULATED DURING THE EXPLORATION STAGE                 (33,191)      (11,981)
-----------------------------------------------------------------------------------------

TOTAL STOCKHOLDERS' EQUITY                                          46,865         8,075
-----------------------------------------------------------------------------------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                     $    49,295    $    8,075
=========================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements.

<PAGE>
<TABLE>
<CAPTION>

PICKFORD MINERALS, INC.
(An exploration stage company)

Statements of Stockholders' Equity
For the period from June 22, 2005 (inception) to September 30, 2008
(Unaudited - Prepared by Management)
(Expressed in U.S. Dollars)
--------------------------------------------------------------------------------------------------------------------------------
                                                                                                          Deficit
                                                                                                      accumulated          Total
                                                                                          Additional       during  shareholder's
                                                    Preferred Stock       Common Stock       paid-in  exploration         equity
                                                    Shares  Amount      Shares    Amount     capital        stage   (deficiency)
--------------------------------------------------------------------------------------------------------------------------------
<S>                                                 <C>     <C>      <C>         <C>      <C>         <C>          <C>

Issuance of common stock for debt settlement
on June 22, 2005 at $0.0001 per share                    -  $    -   10,300,000  $ 1,030  $       -   $        -   $      1,030

Issuance of common stock for cash
on October 25, 2005 at $0.02 per share                   -       -      750,000       75  $  14,925            -         15,000

Issuance of common stock for debt settlement
on October 31, 2005 at $0.02 per share       -           -       -      201,300       20      4,006            -          4,026

Net (loss) and comprehensive (loss) for the period       -       -            -        -          -       (6,418)        (6,418)
--------------------------------------------------------------------------------------------------------------------------------

Balance, December 31, 2005                               -  $    -   11,251,300  $ 1,125  $  18,931   $   (6,418)  $     13,638
--------------------------------------------------------------------------------------------------------------------------------

Net (loss) and comprehensive (loss) for the year         -       -            -        -          -       (5,935)        (5,935)
--------------------------------------------------------------------------------------------------------------------------------

Balance, December 31, 2006                               -  $    -   11,251,300  $ 1,125  $  18,931   $  (12,353)  $     7,7035
--------------------------------------------------------------------------------------------------------------------------------

Net income and comprehensive income for the year         -       -            -        -          -          372            372
--------------------------------------------------------------------------------------------------------------------------------

Balance, December 31, 2007                               -  $    -   11,251,300  $ 1,125  $  18,931   $  (11,981)  $      8,075
--------------------------------------------------------------------------------------------------------------------------------

Share subscriptions                                      -       -    1,200,000      120     59,880            -         60,000

Net (loss) and comprehensive (loss) for the period       -       -            -        -          -      (21,210)       (21,210)
--------------------------------------------------------------------------------------------------------------------------------

Balance, September 30, 2008                              -  $    -   12,451,300  $ 1,245  $  78,811   $  (33,191)        46,865
================================================================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements

<PAGE>
<TABLE>
<CAPTION>

PICKFORD MINERALS, INC.
(An exploration stage company)

Statements of Operations
(Unaudited - Prepared by Management)
(Expressed in U.S. Dollars)
----------------------------------------------------------------------------------------------------------------------------------
                                                               Cumulative
                                                                     from
                                                            June 22, 2005          Three months ended          Nine months ended
                                                           (inception) to             September 30                September 30
                                                       September 30, 2008          2008          2007          2008          2007
----------------------------------------------------------------------------------------------------------------------------------
<S>                                                    <C>                  <C>           <C>           <C>           <C>

EXPENSES

Bank charges                                           $       194          $        63   $         -   $       152   $         -
Interest expenses                                            1,811                  494             -         1,811             -
Office expenses                                              3,682                    -             -           132             -
Professional fees                                           18,414                2,067             -        17,384             -
Resource property acquisition and exploration costs          7,568                    -             -             -             -
Transfer agent                                               1,731                  881             -         1,731             -
Foreign exchange loss (gain)                                  (209)                   -             -             -             -
----------------------------------------------------------------------------------------------------------------------------------

LOSS FROM OPERATIONS                                        33,191                3,505             -        21,210             -
----------------------------------------------------------------------------------------------------------------------------------

NET (LOSS) AND COMPREHENSIVE (LOSS) FOR THE PERIOD     $   (33,191)         $    (3,505)  $         -   $   (21,210)  $         -
-----------------------------------------------------------------------------------------------------------------------------------

BASIC AND DILUTED LOSS PER SHARE                                            $     (0.00)  $     (0.00)  $     (0.00)  $     (0.00)
==================================================================================================================================

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
- basic and diluted                                                          11,968,691    11,251,300    11,492,176    11,251,300
==================================================================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements

<PAGE>
<TABLE>
<CAPTION>

PICKFORD MINERALS, INC.
(An exploration stage company)

Statements of Cash Flows
(Unaudited - Prepared by Management)
(Expressed in U.S. Dollars)
--------------------------------------------------------------------------------------------------------------
                                                     Cumulative from
                                                       June 22, 2005
                                                      (inception) to    Nine months ended    Nine months ended
                                                  September 30, 2008   September 30, 2008   September 30, 2007
--------------------------------------------------------------------------------------------------------------
<S>                                               <C>                  <C>                  <C>

CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES
Net (loss) for the period                         $         (33,191)   $         (21,210)   $               -

Changes in operating assets and liabilities
- (increase) decrease in prepaid expenses                    (1,222)                   -                    -
- accounts payable and accrued liabilities                    2,430                2,430                    -
- exploration program security deposit                            -                4,809                    -
--------------------------------------------------------------------------------------------------------------

NET CASH FROM (USED IN) OPERATING ACTIVITIES                (31,983)             (13,971)                   -
--------------------------------------------------------------------------------------------------------------

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock                       80,056               60,000                    -
--------------------------------------------------------------------------------------------------------------

NET CASH FROM FINANCING ACTIVITIES                           80,056               60,000                    -
--------------------------------------------------------------------------------------------------------------

INCREASE IN CASH AND CASH EQUIVALENTS                        48,073               46,029                    -

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                    -                2,044                    -
--------------------------------------------------------------------------------------------------------------

CASH AND CASH EQUIVALENTS, END OF PERIOD          $          48,073    $          48,073     $              -
==============================================================================================================
</TABLE>
The accompanying notes are an integral part of these financial statements

<PAGE>
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Pickford  Minerals,  Inc.  (hereinafter  "the  Company") was incorporated in the
State  of  Nevada,  U.S.A.,  on  June 22, 2005. The Company's fiscal year end is
December  31.

The  Company  has  been in the exploration stage since its formation and has not
yet  realized  any  revenues from its operations. It is primarily engaged in the
acquisition  and  exploration  of  mining  properties.  Upon  location  of  a
commercially  minable  reserve, the Company expects to actively prepare the site
for  its extraction and enter a development stage. In 2005, the Company acquired
mineral  interests  in  two  non-contiguous  properties located between Paradise
River  and  Eagle River, approximately 22 km. west-southwest of the community of
Paradise  River,  Labrador,  Canada,  and  has  not yet determined whether these
properties  contain  reserves  that  are  economically  recoverable.

These  financial  statements  have  been  prepared  in accordance with generally
accepted  accounting  principles in the United States of America applicable to a
going  concern  which  assume  that  the  Company  will  realize  its assets and
discharge  its  liabilities  in  the  normal course of business. The Company has
incurred  accumulated  losses  of  $33,191  since inception and has no source of
revenue.  The  future  of  the  Company  is dependent upon its ability to obtain
financing and upon future acquisition, exploration and development of profitable
operations  from  its  mineral  properties. These factors create doubt as to the
ability of the Company to continue as a going concern. Realization values may be
substantially  different  from  the  carrying values as shown in these financial
statements  should  the  Company  be  unable  to  continue  as  a going concern.
Management  is in the process of identifying sources for additional financing to
fund  the  ongoing  development  of  the  Company's  business.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The  financial  statements  of the Company have been prepared in accordance with
the  generally  accepted  accounting principles in the United States of America.
Because a precise determination of many assets and liabilities is dependent upon
future  events, the preparation of financial statements for a period necessarily
involves  the  use  of estimates that have been made using careful judgment. The
financial statements have, in management's opinion been properly prepared within
reasonable  limits  of  materiality  and within the framework of the significant
accounting  policies  summarized  below:

Accounting Method

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

Cash and Cash Equivalents

The  Company  considers  all  highly  liquid  investments  and  short-term  debt
instruments  with  original  maturities  of  three  months  or  less  to be cash
equivalents.  As  at  September  30,  2008,  there  were  no  cash  equivalents.

Use of Estimates

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

Concentration of Credit Risk

The  Company  places  its  cash  and  cash  equivalents with high credit quality
financial  institutions. As of September 30, 2008, the Company had no balance in
a  bank  beyond  insured  limits.

Foreign Currency Transactions

The Company is located and operating outside of the United States of America. It
maintains  its  accounting  records  in  U.S.  Dollars  as  follows:

At the transaction date each asset, liability, revenue and expense is translated
into U.S. dollars by the use of the exchange rate in effect at that date. At the
period end, monetary assets and liabilities are remeasured by using the exchange
rate in effect at that date. The resulting foreign exchange gains and losses are
included  in  operations.


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

Fair Value of Financial Instruments

The  Company's  financial  instruments  as  defined  by  Statement  of Financial
Accounting  Standards  No.  107,  "Disclosures  about  Fair  Value  of Financial
Instruments,"  include  cash  and  cash equivalents. Fair values were assumed to
approximate  carrying value for these financial instruments, except where noted.
Management  is  of  the  opinion  that the Company is not exposed to significant
interest  or  credit risks arising from these financial instruments. The Company
is  operating  outside the United States of America and has significant exposure
to foreign currency risk due to the fluctuation of currency in which the Company
operates  and  U.S.  dollars.

Mineral Property Payments and Exploration Costs

The  Company  expenses  all  costs  related  to the acquisition, maintenance and
exploration  of  mineral claims in which it has secured exploration rights prior
to  establishment  of  proved and probable reserves. When it has been determined
that  a  mineral  property  can  be  economically  developed  as  a  result  of
establishing  proved  and  probable reserves, the costs incurred to develop such
property  are  capitalized.  Such  costs  will  be  amortized  using  the
units-of-production  method  over the estimated life of the probable reserve. To
date,  the  Company  has  not  established  the  commercial  feasibility  of its
exploration  prospects;  therefore,  all  costs  are  being  expensed.

Long-lived assets impairment

Long-term  assets  of the Company are reviewed for impairment whenever events or
circumstances  indicate  that  the  carrying  amount  of  assets  may  not  be
recoverable,  pursuant  to  guidance established in SFAS No. 144, Accounting for
the  Impairment  or  Disposal  of  Long-Lived  Assets.

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

Assets retirement obligations

The  Company  has  adopted  SFAS  No  143,  Accounting  for  Assets  Retirement
Obligations  which  requires  that  the  fair  value of a liability for an asset
retirement  obligation be recognized in the period in which it is incurred. SFAS
No.  143 requires the Company to record a liability for the present value of the
estimated  site  restoration  costs  with corresponding increase to the carrying
amount  of the related long-lived assets. The liability will be accreted and the
asset  will  be depreciated over the life of the related assets. Adjustments for
changes  resulting  from the passage of time and changes to either the timing or
amount  of the original present value estimate underlying the obligation will be
made.  As  at September 30, 2008, the Company does not have any asset retirement
obligations.

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

Stock-Based Compensation

The Company adopted SFAS No. 123(revised), "Share-Based Payment", to account for
its  stock  options  and  similar  equity  instruments  issued.  Accordingly,
compensation  costs  attributable to stock options or similar equity instruments
granted  are measured at the fair value at the grant date, and expensed over the
expected  vesting  period. SFAS No. 123(revised) requires excess tax benefits be
reported  as  a  financing cash inflow rather than as a reduction of taxes paid.

The Company did not grant any stock options during the period ended September
30, 2008.

Comprehensive Income

The  Company  adopted  Statement of Financial Accounting Standards No. 130 (SFAS
130),  Reporting Comprehensive Income, which establishes standards for reporting
and  display  of  comprehensive income, its components and accumulated balances.
The  Company  is  disclosing  this information on its Statement of Stockholders'
Equity.  Comprehensive  income  comprises  equity  except  those  resulting from
investments  by  owners and distributions to owners. The Company has no elements
of  "other  comprehensive  income"  for  the  period  ended  September 30, 2008.


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

Income Taxes

The  Company  has  adopted  Statement  of Financial Accounting Standards No. 109
(SFAS 109), Accounting for Income Taxes, which requires the Company to recognize
deferred  tax liabilities and assets for the expected future tax consequences of
events  that  have  been recognized in the Company's financial statements or tax
returns  using the liability method. Under this method, deferred tax liabilities
and  assets  are  determined  based  on  the  temporary  differences between the
financial  statement  and  tax bases of assets and liabilities using enacted tax
rates  in  effect in the years in which the differences are expected to reverse.

Basic and Diluted Loss Per Share

In  accordance  with  SFAS  No.  128  - "Earnings Per Share", the basic loss per
common  share  is computed by dividing net loss available to common stockholders
by  the  weighted  average number of common shares outstanding. Diluted loss per
common  share is computed similar to basic loss per common share except that the
denominator  is increased to include the number of additional common shares that
would  be  outstanding if the potential common shares had been issued and if the
additional  common  shares  were  dilutive.

New Accounting Pronouncements

FASB  has  issued  Statement of Financial Accounting Standards ("SFAS") No. 163,
Accounting  for  Financial Guarantee Insurance Contracts. SFAS No. 163 clarifies
how  SFAS  No. 60, Accounting and Reporting by Insurance Enterprises, applies to
financial  guarantee  insurance  contracts  issued by insurance enterprises, and
addresses  the  recognition  and  measurement  of  premium  revenue  and  claim
liabilities.  It  requires expanded disclosures about contracts, and recognition
of  claim  liability  prior  to  an event of default when there is evidence that
credit  deterioration  has  occurred in an insured financial obligation. It also
requires  disclosure  about  (a)  the  risk-management  activities  used  by  an
insurance  enterprise  to evaluate credit deterioration in its insured financial
obligations,  and (b) the insurance enterprise's surveillance or watch list. The
adoption  of  this  statement  is  not expected to have a material effect on the
Company's  financial  statements.

In  May  2008, FASB issued FASB Staff Position ("FSP") APB 14-1, "Accounting for
Convertible  Debt  Instruments  That  May  Be  Settled  in  Cash upon Conversion
(Including  Partial  Cash  Settlement)" ("FSP APB 14-1"). FSP APB 14-1 clarifies
that  convertible  debt  instruments  that  may  be  settled in cash upon either
mandatory  or  optional  conversion  (including partial cash settlement) are not
addressed  by  paragraph  12  of APB Opinion No. 14, "Accounting for Convertible
Debt  and Debt issued with Stock Purchase Warrants."  Additionally, FSP APB 14-1
specifies  that  issuers  of  such instruments should separately account for the
liability  and  equity  components  in  a  manner that will reflect the entity's
nonconvertible  debt  borrowing  rate  when  interest  cost  is  recognized  in
subsequent  periods.  FSP  APB 14-1 is effective for financial statements issued
for  fiscal  years beginning after December 15, 2008, and interim periods within
those fiscal years. We will adopt FSP APB 14-1 beginning in the first quarter of
2009,  and  this standard must be applied on a retrospective basis. The adoption
of  this  statement  is  not expected to have a material effect on the Company's
financial  statements.

In  April 2008, the FASB issued FSP No. 142-3, "Determination of the Useful Life
of  Intangible  Assets"  ("FSP  142-3").  FSP 142-3 amends the factors an entity
should  consider  in  developing  renewal  or  extension  assumptions  used  in
determining the useful life of recognized intangible assets under FASB Statement
No.  142,  "Goodwill  and  Other  Intangible  Assets". This new guidance applies
prospectively  to  intangible  assets  that  are acquired individually or with a
group of other assets in business combinations and asset acquisitions. FSP 142-3
is  effective  for  financial  statements  issued  for  fiscal years and interim
periods  beginning  after  December  15, 2008. Early adoption is prohibited. The
adoption  of  this  statement  is  not expected to have a material effect on the
Company's  financial  statements.

In  May 2008, the FASB issued SFAS No. 162, "The Hierarchy of Generally Accepted
Accounting Principles". SFAS 162 identifies the sources of accounting principles
and  the framework for selecting the principles to be used in the preparation of
financial  statements  of  non-governmental  entities  that  are  presented  in
conformity  with  generally accepted accounting principles in the United States.
It  is  effective  60  days  following  the SEC's approval of the Public Company
Accounting Oversight Board amendments to AU Section 411, "The Meaning of Present
Fairly  in  Conformity  With  Generally  Accepted  Accounting  Principles".  The
adoption  of  this  statement  is  not expected to have a material effect on the
Company's  financial  statements.

In  March  2008, the FASB issued FASB Statement No.161 ("SFAS161"), "Disclosures
about Derivative Instruments and Hedging Activities". SFAS161 requires companies
with  derivative  instrument  to  disclose  information  that  should  enable
financial-statement  users  to  understand how and why a company uses derivative
instruments,  how  derivative instruments and related hedged items are accounted
for  under  FASB  Statement  No.133  "Accounting  for Derivative Instruments and
Hedging  Activities"  and  how  derivative  instruments and related hedged items
affect  a  company's  financial  position, financial performance and cash flows.
SFAS161  is  effective  for  financial  statements  issued  for fiscal years and
interim periods beginning after November15, 2008. The adoption of this statement
is  not  expected  to  have  a material effect on the Company's future financial
position  or  results  of  operations.

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

In  December 2007, the Financial Accounting Standards Board ("FASB") issued SFAS
No.  160,  "Noncontrolling  Interests  in Consolidated Financial Statements - An
amendment  of  ARB  No.  51".SFAS  160  requires  companies  with noncontrolling
interests to disclose such interests clearly as a portion of equity but separate
from  the  parent's equity.  The noncontrolling interest's portion of net income
must  also  be clearly presented on the Income Statement.  SFAS 160 is effective
for  financial  statements  issued for fiscal years beginning after December 15,
2008.  The  adoption of this statement is not expected to have a material effect
on  the  Company's  future  financial  position  or  results  of  operations.

 In December 2007, the Financial Accounting Standards Board ("FASB") issued SFAS
No.  141,  (revised  2007),  "Business  Combinations".  SFAS 141 (R) applies the
acquisition  method  of accounting for business combinations established in SFAS
141  to  all  acquisitions  where  the  acquirer  gains  a controlling interest,
regardless  of  whether  consideration was exchanged.  Consistent with SFAS 141,
SFAS  141  (R) requires the acquirer to fair value the assets and liabilities of
the  acquiree and record goodwill on bargain purchases, with main difference the
application  to  all  acquisitions  where  control is achieved.  SFAS 141 (R) is
effective  for  financial  statements  issued  for  fiscal years beginning after
December  15,  2008.  The  adoption  of this statement is not expected to have a
material  effect  on  the  Company's  future  financial  position  or results of
operations.

NOTE 3 - MINERAL PROPERTY INTEREST

On  October  31, 2005 the Company acquired a 100% interest in two non-contiguous
properties  located between Paradise River and Eagle River, approximately 22 km.
west-southwest  of the community of Paradise River, Labrador, Canada. The claims
were  acquired  from  a  non-affiliated third party for a total consideration of
$4,026,  which  covered  an exploration program security deposit and staking and
other  related  costs  of  $441  (CAD$500) and $3,585, respectively. The Company
expensed  the  staking  and other related costs of $3,585 in connection with the
acquisition  of  the  mineral  claims.

The  Company is required to incur exploration expenditures of CAD$15,050 for the
above  noted mineral claims before July 13, 2009. Failure in compliance with the
exploration  requirement  will  result the forfeiture of the exploration program
deposit  made  to  the  mining  division  of  Labrador  Canada.

NOTE 4 - NOTE PAYABLE

On  January  23,  2008, the Company issued a promissory note of $15,000 to a non
affiliated  party,  bearing interest rate at 20% per annum, unsecured and mature
on July 23, 2008. The note, together with $1,811 in interest, was repaid in full
on  August  26,  2008.

NOTE 5 - PREFERRED AND COMMON STOCK

The Company has 50,000,000 shares of preferred stock authorized and none issued.

The  Company  has  100,000,000  shares  of  common  stock  authorized,  of which
11,251,300  shares  are  issued  and outstanding. All shares of common stock are
non-assessable  and  non-cumulative,  with  no  preemptive  rights.

On  June  22,  2005,  the  Company  issued 10,300,000 common shares for the debt
settlement  at  $0.0001 per share in connection with legal fees paid by a former
director  of  the  Company.

On October 25, 2005, the Company issued 750,000 common shares for cash at $0.02
per share.

On  October  31,  2005,  the  Company  issued  201,300  common  shares  for debt
settlement at $0.02 per share in connection with acquisition of mineral property
(Note  3)

During  the period ended September 30, 2008, the Company issued 1,200,000 common
shares  at  $0.05  per  share pursuant to a registered public offering for gross
proceeds  of  $60,000.

NOTE 6 - COMMITMENT AND CONTINGENCY

See Note 3.

NOTE 7 - SEGMENT INFORMATION

The Company currently conducts all of its operations in Canada.



<PAGE>

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

Our business plan is to explore the Paradise River Property to determine whether
it contains commercially exploitable reserves of valuable minerals. We intend to
proceed with Phase I of the exploration program recommended by Jacques Whitford.
Phase  I  will  consist of expanded geological mapping, and geochemical sampling
that  will cover previously established grid areas, as well as other prospective
sites  that  may  be  developed  to  delineate  either base metals or industrial
minerals.  Geochemical  sampling  will  include  rock,  stream sediment and till
sampling.  Several airborne electromagnetic anomalies will be re-verified on the
ground  and  mapped  for  size and extent. If Phase I develops any high priority
targets  for  further  exploration,  then  we  will proceed with Phase II of the
proposed  exploration  program,  consisting  of  800  to  1000 metres of diamond
drilling, mobilized to the nearest road by truck, then helicopter-supported from
that  point.

Our  budget  for  Phase I, as recommended by Jacques Whitford, is $26,660. Since
the  date  of  the Jacques Whitford geological report, fuel costs and helicopter
transportation expenses have increased beyond our budgeted capital resources. In
August  and September of 2008, helicopter transportation costs from Goose Bay to
the  project area prohibitively exceeded our budget. We were therefore unable to
commence  exploration  of  the  Paradise  River  Property before the 2008 winter
season.  Due  to  snow  conditions,  we  do  not  expect  to be able to commence
exploration  of  the  Paradise  River Property until May of 2008, subject to the
availability  of  a  geologist  and  helicopter  transportation.  If  fuel costs
continue  to  exceed  our  budget  for  transportation we will have insufficient
capital  to  complete  our  exploration  program.

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

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

RESULTS OF OPERATIONS

Our  business  is in the early stage of development. Since inception on June 22,
2005  we have not earned any revenue and we have not identified any commercially
exploitable  reserves of valuable minerals on our property. We do not anticipate
earning revenue unless we enter into commercial production of the Paradise River
Property.  We  are presently in the exploration stage of our business and we can
provide  no assurance that we will discover commercially exploitable reserves of
valuable  minerals on the Paradise River Property, or that if such resources are
discovered  that  we  will  commercially  produce  them.

We  incurred  operating  expenses  in  the  amount of $21,210 for the nine month
period  ended  September  30,  2008.  These  operating  expenses  included:  (a)
professional  fees  of  $17,384;  (b)  interest expenses of $1,811; (c) transfer
agent  expenses  of  $1,731;  and  (d)  other  miscellaneous  expenses  of $284.

LIQUIDITY AND CAPITAL RESOURCES

Since  inception  on  June  22, 2005, our activities have been financed from the
proceeds  of  share  subscriptions and a promissory note for $15,000 issued to a
non-affiliated  third  party  on  January  23, 2008. The promissory note accrued
interest at the rate of 20% per annum, and was due and payable on July 23, 2008.
Proceeds  from the promissory note were used to pay for offering expenses, claim
renewal  and  working  capital.  The note, together with $1,811 in interest, was
repaid  in  full  on  August  26,  2008.

On  March  10,  2008  we  filed a Registration Statement with the Securities and
Exchange  Commission  in  respect  of an initial public offering of a minimum of
1,200,000  and  a  maximum  of 2,000,000 shares of our common stock at $0.05 per
share. On April 8, 2008 the Securities and Exchange Commission declared our Form
S-1  Registration  Statement  (Commission  File  No.  333-149617) effective. Our
offering commenced on the effective date and terminated on August 6, 2008. As of
August  7,  2008,  we  sold  a total of 1,200,000 shares of our common stock for
gross  proceeds  of  $60,000.

As  at September 30, 2008 we had total assets of $49,295 comprised of $48,073 in
cash  and  $1,222  in  prepaid  expenses.  We have sufficient working capital to
maintain  our  present  level  of  operations for the next 12 months, but due to
increased fuel costs our available capital is presently insufficient to complete
Phase  I  of  our  proposed exploration program. Unless fuel costs substantially
<PAGE>
decline,  we  will  be  required to seek additional funding in order to complete
Phase  I  of  our  exploration  program.

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


ITEM  4.     CONTROLS  AND  PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

As  required by Rule 13a-15 under the Securities Exchange Act of 1934, as of the
end  of the period covered by the quarterly report, being September 30, 2008, we
have  carried out an evaluation of the effectiveness of the design and operation
of our company's disclosure controls and procedures. This evaluation was carried
out  under  the  supervision  and  with  the  participation  of  our  company's
management,  including  our company's president. Based upon that evaluation, our
company's  president  concluded  that  our  company's  disclosure  controls  and
procedures are not effective as at the end of the period covered by this report.
There  have  been no significant changes in our internal controls over financial
reporting  that  occurred  during  our  most  recent  fiscal  quarter  that have
materially  affected, or are reasonably likely to materially affect our internal
controls  over  financial  reporting.

Disclosure  controls  and  procedures  and other procedures that are designed to
ensure  that  information  required  to  be  disclosed  in  our reports filed or
submitted  under  the  Securities  Exchange  Act of 1934 is recorded, processed,
summarized  and reported, within the time period 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 our reports filed under the Securities
Exchange  Act  of  1934 is accumulated and communicated to management, including
our  president and secretary as appropriate, to allow timely decisions regarding
required  disclosure.


                         PART II.     OTHER INFORMATION

ITEM  1.     LEGAL  PROCEEDINGS

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

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

At  present,  our  common  stock  is  not  publicly  traded.

As  of  September  30,  2008 there were 48 owners of record of our common stock.

DIVIDEND  POLICY

Our  Board  of  Directors may declare and pay dividends on outstanding shares of
common  stock  out  of  funds legally available therefor in our sole discretion;
however,  to  date  no  dividends  have  been paid on common stock and we do not
anticipate  the  payment  of  dividends  in  the  foreseeable  future.

USE  OF  PROCEEDS  FROM  REGISTERED  SECURITIES

On  March  10,  2008  we  filed  Registration  Statement with the Securities and
Exchange  Commission  in  respect  of an initial public offering of a minimum of
1,200,000  and  a  maximum  of 2,000,000 shares of our common stock at $0.05 per
share.  On  April  8,  2008  the Securities and Exchange Commission declared our
Form S-1 Registration Statement (Commission File No. 333-149617) effective.  Our
offering  commenced  on  the  effective  date  and terminated on August 6, 2008.
During  the  offering  period  we  sold  a  total  of 1,200,000 shares for gross
proceeds of $60,000.  As of August 6, 2008, we have used $16,811 of the proceeds
to  repay  our  promissory  note,  $965  for  consulting fees and $12 for office
expenses.

<PAGE>
ITEM 3.     DEFAULT UPON SENIOR NOTES

Not applicable.

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

None.

ITEM 5.     OTHER INFORMATION

None.

ITEM 6.     EXHIBITS

EXHIBIT     DESCRIPTION

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

SIGNATURES

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

                                             PICKFORD MINERALS, INC.




Date: November 5, 2008                       /s/ Fidel Thomas
                                             Fidel Thomas
                                             President, Chief Executive Officer,
                                             Chief Financial Officer, and
                                             Principal Accounting Officer