U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                   FOR THE QUARTERLY PERIOD ENDED MAY 31, 2008

                       Commission File Number 333-150385


                             GREEN STAR MINING CORP.
             (Exact name of registrant as specified in its charter)

                                    Delaware
         (State or other jurisdiction of incorporation or organization)

                             1624 S. Lincoln Street
                                Spokane, WA 99203
          (Address of principal executive offices, including zip code.)

                                 (509) 590-8995
                     (Telephone number, including area code)

                                    Copy to:
                              Robert C. Weaver, Jr.
                                 721 Devon Court
                               San Diego, CA 92109
                     Phone (858)488-4433 Fax (858) 488-2555

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 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 last 90 days. YES [ ] No [X]

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,"
"non-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 or the Exchange Act). YES [X] NO [ ]

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 1,500,000 shares as of July 11, 2008.
<PAGE>
ITEM 1. FINANCIAL STATEMENTS

The un-audited quarterly financial statements for the 3 months ended May 31,
2008, prepared by the company, immediately follow.



                                       2
<PAGE>
                            Green Star Mining, Corp.
                         (An Exploration Stage Company)
                                  Balance Sheet
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                    As of              As of
                                                                    May 31,         February 29,
                                                                     2008               2008
                                                                   --------           --------
<S>                                                                <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                             $  1,721           $ 15,000
                                                                   --------           --------
      TOTAL CURRENT ASSETS                                            1,721             15,000
                                                                   --------           --------

TOTAL ASSETS                                                       $  1,721           $ 15,000
                                                                   ========           ========

                       LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts Payable                                                 $     --           $  9,000
                                                                   --------           --------
      TOTAL CURRENT LIABILITIES                                          --              9,000
                                                                   --------           --------

TOTAL LIABILITIES                                                        --              9,000
                                                                   --------           --------
STOCKHOLDERS' EQUITY
  Common stock, ($0.0001 par value, 100,000,000 shares
   authorized; 1,500,000 shares issued and outstanding
   as of May 31, 2008 February 29, 2008                                 150                150
  Additional paid-in capital                                         14,850             14,850
  Deficit accumulated during exploration stage                      (13,279)            (9,000)
                                                                   --------           --------
TOTAL STOCKHOLDERS' EQUITY                                            1,721              6,000
                                                                   --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                     $  1,721           $ 15,000
                                                                   ========           ========
</TABLE>


                       See Notes to Financial Statements

                                       3
<PAGE>
                            Green Star Mining, Corp.
                         (An Exploration Stage Company)
                             Statement of Operations
--------------------------------------------------------------------------------

                                                               January 22, 2008
                                            Three Months          (inception)
                                               Ended                through
                                               May 31,              May 31,
                                                2008                 2008
                                             ----------           ----------
REVENUES
  Revenues                                   $       --           $       --
                                             ----------           ----------
TOTAL REVENUES                                       --                   --

GENERAL & ADMINISTRATIVE EXPENSES                 4,279               13,279
                                             ----------           ----------
TOTAL GENERAL & ADMINISTRATIVE EXPENSES          (4,279)             (13,279)
                                             ----------           ----------

NET INCOME (LOSS)                            $   (4,279)          $  (13,279)
                                             ==========           ==========

BASIC EARNING (LOSS) PER SHARE               $    (0.00)          $    (0.01)
                                             ==========           ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                    1,500,000            1,500,000
                                             ==========           ==========


                       See Notes to Financial Statements

                                       4
<PAGE>
                            Green Star Mining, Corp.
                         (An Exploration Stage Company)
                  Statement of Changes in Stockholders' Equity
             From January 22, 2008 (Inception) through May 31, 2008
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                       Deficit
                                                                                     Accumulated
                                                            Common     Additional      During
                                              Common        Stock       Paid-in      Exploration
                                              Stock         Amount      Capital         Stage         Total
                                              -----         ------      -------         -----         -----
<S>                                        <C>          <C>           <C>           <C>             <C>
BALANCE, JANUARY 22, 2008                           --     $    --      $     --      $     --      $     --

Stock issued for cash on January 25, 2008
 @ $0.01 per share                           1,500,000         150        14,850                      15,000

Net loss, February 29, 2008                                                             (9,000)       (9,000)
                                            ----------     -------      --------      --------      --------

BALANCE, FEBRUARY 29, 2008                   1,500,000     $   150      $ 14,850      $ (9,000)     $  6,000
                                            ==========     =======      ========      ========      ========

Net loss, May 31, 2008                                                                  (4,279)       (4,279)
                                            ----------     -------      --------      --------      --------

BALANCE, MAY 31, 2008                        1,500,000     $   150      $ 14,850      $(13,279)     $  1,721
                                            ==========     =======      ========      ========      ========
</TABLE>


                       See Notes to Financial Statements

                                       5
<PAGE>
                            Green Star Mining, Corp.
                         (An Exploration Stage Company)
                             Statement of Cash Flows
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                      January 22, 2008
                                                                     Three Months        (inception)
                                                                        Ended              through
                                                                        May 31,            May 31,
                                                                         2008               2008
                                                                       --------           --------
<S>                                                                    <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                                    $ (4,279)          $(13,279)
  Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:

  Changes in operating assets and liabilities:
     Accounts Payable                                                    (9,000)                --
                                                                       --------           --------
          NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES           (13,279)           (13,279)

CASH FLOWS FROM INVESTING ACTIVITIES

          NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES                --                 --

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of common stock                                                   --                150
  Additional paid-in capital                                                 --             14,850
                                                                       --------           --------
          NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES                --             15,000
                                                                       --------           --------

NET INCREASE (DECREASE) IN CASH                                         (13,279)             1,721

CASH AT BEGINNING OF PERIOD                                              15,000                 --
                                                                       --------           --------

CASH AT END OF YEAR                                                    $  1,721           $  1,721
                                                                       ========           ========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Cash paid during year for:
  Interest                                                             $     --           $     --
                                                                       ========           ========

  Income Taxes                                                         $     --           $     --
                                                                       ========           ========
</TABLE>


                       See Notes to Financial Statements

                                       6
<PAGE>
                             GREEN STAR MINING CORP.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                  May 31, 2008


NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

Green Star Mining Corp.  (the  Company) was  incorporated  under the laws of the
State of Delaware on January 22,  2008.  The Company was formed to engage in the
acquisition, exploration and development of natural resource properties.

The  Company  is in the  exploration  stage.  Its  activities  to date have been
limited to capital formation, organization and development of its business plan.
The Company has not commenced operations.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF ACCOUNTING

The Company's  financial  statements  are prepared  using the accrual  method of
accounting. The Company has elected a February 28, year-end.

BASIC EARNINGS (LOSS) PER SHARE

In February  1997,  the FASB issued SFAS No. 128,  "Earnings  Per Share",  which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities  with  publicly  held common  stock.  SFAS No. 128
supersedes the provisions of APB No. 15, and requires the  presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted  the  provisions  of SFAS No. 128  effective  January  22, 2008 (date of
inception).

Basic net  earnings  (loss) per share  amounts are  computed by dividing the net
earnings  (loss) by the weighted  average  number of common shares  outstanding.
Diluted  earnings  (loss)  per share are the same as basic  earnings  (loss) per
share due to the lack of dilutive items in the Company.

CASH EQUIVALENTS

The Company considers all highly liquid  investments  purchased with an original
maturity of three months or less to be cash equivalents.

USE OF ESTIMATES AND ASSUMPTIONS

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  during the  reporting  period.
Actual results could differ from those estimates. In accordance with FASB 16 all
adjustments are normal and recurring.

                                       7
<PAGE>
                             GREEN STAR MINING CORP.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                  May 31, 2008


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

INCOME TAXES

Income taxes are provided in accordance  with Statement of Financial  Accounting
Standards  No. 109 (SFAS 109),  "Accounting  for Income  Taxes".  A deferred tax
asset or liability is recorded for all temporary  differences  between financial
and tax  reporting and net operating  loss  carryforwards.  Deferred tax expense
(benefit) results from the net change during the year of deferred tax assets and
liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management,  it is more likely than not that some portion of all of the deferred
tax assets will be realized.  Deferred tax assets and  liabilities  are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

NOTE 3. RECENT ACCOUNTING PRONOUCEMENTS

In September 2006, the SEC issued SAB No. 108, "Considering the Effects of Prior
Year  Misstatements  when  Quantifying  Misstatements  in Current Year Financial
Statements."  SAB No. 108  addresses  how the effects of prior year  uncorrected
misstatements  should be considered when  quantifying  misstatements  in current
year  financial   statements.   SAB  No.  108  requires  companies  to  quantify
misstatements  using a  balance  sheet  and  income  statement  approach  and to
evaluate  whether  either  approach  results  in  quantifying  an error  that is
material in light of relevant  quantitative and qualitative factors. SAB No. 108
is effective for periods ending after November 15, 2006. The adoption of SAB No.
108 had no material effect on the Company's financial statements.

In September  2006,  the FASB issued SFAS No. 157, "Fair Value  Measures".  This
Statement  defines fair value,  establishes a framework for measuring fair value
in generally accepted  accounting  principles (GAAP),  expands disclosures about
fair value measurements,  and applies under other accounting pronouncements that
require or permit fair value measurements. SFAS No. 157 does not require any new
fair value measurements.  However,  the FASB anticipates that for some entities,
the  application of SFAS No. 157 will change current  practice.  SFAS No. 157 is
effective  for  financial  statements  issued for fiscal years  beginning  after
November  15,  2007,  which for the Company  would be the fiscal year  beginning
March 1, 2008.  The Company is currently  evaluating  the impact of SFAS No. 157
but does  not  expect  that it will  have a  material  impact  on its  financial
statements.

In September  2006,  the FASB issued SFAS No. 158,  "Employers'  Accounting  for
Defined  Benefit  Pension  and  Other  Post-retirement  Plans."  This  Statement
requires an employer to recognize  the over funded or under  funded  status of a
defined benefit post retirement  plan (other than a  multi-employer  plan) as an
asset or liability in its  statement  of  financial  position,  and to recognize
changes in that  funded  status in the year in which the changes  occur  through

                                       8
<PAGE>
                             GREEN STAR MINING CORP.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                  May 31, 2008


NOTE 3. RECENT ACCOUNTING PRONOUCEMENTS (CONTINUED)

comprehensive  income.  SFAS No. 158 is effective  for fiscal years ending after
December 15, 2006. The  implementation of SFAS No. 158 had no material impact on
the Company's financial position and results of operations.

In February  2007,  the FASB issued  SFAS No.  159,  "The Fair Value  Option for
Financial Assets and Financial Liabilities".  This statement permits entities to
choose to measure many financial assets and financial liabilities at fair value.
Unrealized  gains and losses on items for which the fair  value  option has been
elected are  reported in earnings.  SFAS No. 159 is  effective  for fiscal years
beginning after November 15, 2007. The Company is currently assessing the impact
of SFAS No. 159 on its financial position and results of operations.

NOTE 4. GOING CONCERN

The  accompanying  financial  statements are presented on a going concern basis.
The Company had no  operations  during the period from January 22, 2008 (date of
inception) to May 31, 2008 and generated a net loss of $ 13,279.  This condition
raises  substantial  doubt  about the  Company's  ability to continue as a going
concern.  Because  the Company is  currently  in the  exploration  stage and has
minimal expenses, management believes that the company's current cash of $ 1,721
is  sufficient  to cover the  expenses  they will incur  during the next  twelve
months in a limited operations scenario or until they raise additional funding.

Management  plans to raise  additional  funds through debt or equity  offerings.
Management's  current plan includes an S-1 registration  statement with the U.S.
Securities  and Exchange  Commission  of 1,000,000  shares for sale at $.025 per
share to raise capital of $25,000 to implement their business plan.  There is no
guarantee that the Company will be able to raise any capital through this or any
other offerings.

NOTE 5. WARRANTS AND OPTIONS

There are no warrants or options outstanding to acquire any additional shares of
common.

NOTE 6. RELATED PARTY TRANSACTIONS

Nan E. Weaver,  the sole officer and director of the Company may, in the future,
become involved in other business  opportunities as they become  available,  and
she may face a conflict in selecting  between the Company and her other business
opportunities.  The Company has not  formulated a policy for the  resolution  of
such conflicts.

Nan E. Weaver,  sole  officer and director of the Company,  will not be paid for
any  underwriting  services  that she  performs  on behalf of the  Company  with
respect to the Company's S-1 offering. She will also not receive any interest on
any funds that she  advances to the Company for offering  expenses  prior to the
offering being closed which will be repaid from the proceeds of the offering.

                                       9
<PAGE>
                             GREEN STAR MINING CORP.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                  May 31, 2008


NOTE 7. INCOME TAXES

                                                            As of May 31, 2007
                                                            ------------------
     Deferred tax assets:
     Net operating tax carry forwards                            $ 13,279
     Tax rate                                                          34%
                                                                 --------
     Gross deferred tax assets                                      4,515
     Valuation allowance                                           (4,515)
                                                                 --------

     Net deferred tax assets                                     $      0
                                                                 ========

Realization of deferred tax assets is dependent upon  sufficient  future taxable
income  during  the  period  that  deductible  temporary  differences  and carry
forwards  are  expected  to be  available  to  reduce  taxable  income.  As  the
achievement of required future taxable income is uncertain, the Company recorded
a valuation allowance.

NOTE 8. NET OPERATING LOSSES

As of May 31,  2008,  the Company  has a net  operating  loss carry  forwards of
approximately  $13,279.  Net operating loss carry forwards  expires twenty years
from the date the loss was incurred.

NOTE 9. STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair
value of the consideration received. Transactions with employees' stock issuance
are in accordance with paragraphs  (16-44) of SFAS 123. These issuances shall be
accounted for based on the fair value of the consideration  received or the fair
value  of  the  equity   instruments   issued,  or  whichever  is  more  readily
determinable.

On January 25, 2008,  the Company  issued a total of 1,500,000  shares of common
stock to Nan E.  Weaver for cash in the amount of $0.01 per share for a total of
$15,000.

As of May 31, 2008 the Company had  1,500,000  shares of common stock issued and
outstanding.

NOTE 10. STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of May 31, 2008:

Common  stock,  $ 0.0001 par value:  100,000,000  shares  authorized;  1,500,000
shares issued and outstanding.

                                       10
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

This quarterly report on Form 10-Q contains forward-looking statements that
involve risk and uncertainties. We use words such as "anticipate", "believe",
"plan", "expect", "future", "intend", and similar expressions to identify such
forward-looking statements. Investors should be aware that all forward-looking
statements contained within this quarterly report are good faith estimates of
management as of the date of this quarterly report. Our actual results could
differ materially from those anticipated in these forward-looking statements for
many reasons.

GREEN STAR MINING CORP.

We are an exploration stage company engaged in the acquisition and exploration
of mineral properties. Green Star Mining Corp. was incorporated in the State of
Delaware on January 22, 2008. We are an exploration stage company with no
revenues or operating history. The principal executive offices are located at
1624 S. Lincoln Street, Spokane, WA 99203. The phone number is (509) 590-8995.

We received our initial funding of $15,000 through the sale of common stock to
our director who purchased 1,500,000 shares of common stock at $.01 per share on
January 25, 2008. From inception until the date of this quarterly report, we
have had no operating activities. Our financial statement from inception
(January 22, 2008) through May 31, 2008 report no revenues and a net loss of
$13,279. Our independent auditor has issued an audit opinion for Green Star
Mining Corp. which includes a statement expressing substantial doubt as to our
ability to continue as a going concern.

We currently own a 100% undivided interest in a mineral property, the Golden
Princess Lode Mining Claim, located in the State of Nevada that we call the
"Golden Princess Property." The Golden Princess Property consists of an area of
approximately 20 acres located in the Sunset Mining District, Clark County,
Nevada. Title to the Golden Princess Property is held by Green Star Mining Corp.
Our plan of operation is to conduct mineral exploration activities on the Golden
Princess Property in order to assess whether it possess deposits of minerals
capable of commercial extraction.

We have not earned any revenues to date. We do not anticipate earning revenues
until such time as we enter into commercial production of our mineral
properties. We are presently in the exploration stage of our business and we can
provide no assurance that we will discover commercially exploitable levels of
mineral resources on our property, or if such deposits are discovered, that we
will enter into further substantial exploration programs.

As of the date of this quarterly report, there is no public trading market for
our common stock and no assurance that a trading market for our securities will
ever develop.

                                       11
<PAGE>
PLAN OF OPERATION

Our cash balance is $1,721 as of May 31, 2008. We believe our cash balance is
sufficient to fund our limited levels of operations until August, 2008. If we
experience a shortage of funds prior to funding from our offering of common
stock shares, we may utilize funds from our director, who has informally agreed
to advance funds to allow us to pay for limited operating costs, however she has
no formal commitment, arrangement or legal obligation to advance or loan funds
to the company. In order to achieve our business plan goals, we will need the
funding from our offering of 1,500,000 shares of common stock registered on Form
S-1. The offering, if completed, will provide us funding of $25,000. We are an
exploration stage company and have generated no revenue to date. We have sold
$15,000 in equity securities to pay for our minimum level of operations.

Our auditor has issued a going concern opinion. This means that there is
substantial doubt that we can continue as an on-going business for the next
twelve months unless we obtain additional capital to pay our bills. This is
because we have not generated revenues and no revenues are anticipated until we
begin removing and selling minerals. There is no assurance we will ever reach
that stage.

Our plan of operation is to conduct mineral exploration activities on the Golden
Princess Property in order to assess whether the property contains mineral
reserves capable of commercial extraction. Our exploration program is designed
to explore for commercially viable deposits of silver, gold and other minerals.
We have not, nor has any predecessor, identified any commercially exploitable
reserves of these minerals on the Golden Princess Property.

Our plan of operation for the twelve months following the completion of our
offering is to complete the first phase of the exploration program on our claim
consisting of geological mapping, soil sampling and rock sampling. In addition
to the $17,500 we anticipate spending for Phase 1 and 2 for the exploration
program as outlined below, we anticipate spending an additional $7,500 on
professional and administrative fees, including fees payable in connection with
the filing of this registration statement and complying with reporting
obligations. Total expenditures over the next 12 months are therefore expected
to be approximately $25,000. If we experience a shortage of funds prior to
funding during the next 12 months, we may utilize funds from our director, who
has informally agreed to advance funds to us, however she has no formal
commitment, arrangement or legal obligation to advance or loan funds to the
company.

We engaged Mr. Laurence Sookochoff, P. Eng., to prepare a geological evaluation
report on the Golden Princess Property. Mr. Sookochoff's report summarizes the
results of the history of the exploration of the mineral claims, the regional
and local geology of the mineral claims and the mineralization and the
geological formations identified as a result of the prior exploration in the
claim areas. The geological report also gives conclusions regarding potential
mineralization of the mineral claims and recommends a further geological
exploration program on the mineral claims. The exploration program recommended
by Mr. Sookochoff is as follows:

                                       12
<PAGE>
<TABLE>
<CAPTION>
 Phase           Exploration Program                    Cost                       Status
 -----           -------------------                    ----                       ------
<S>        <C>                                       <C>            <C>
Phase I    VLF-EM and magnetometer surveys             $ 6,500      Expected to be completed in summer, 2008
                                                                    (dependent on consulting geologist's
                                                                    schedule).

Phase II   Localized soil surveys, trenching           $11,000      Expected to be completed in fall, 2008
           and sampling over known and indicated                    (depending on the results of Phase 1, and
           mineralized zones                                        consulting geologist's schedule).

Phase III  Test Diamond drilling outlined by Phase 1   $65,000      Expected to be completed in spring, 2009
           and 2 programs.                                          (depending on the results of Phase 2, and
                                                                    consulting geologist's schedule.)

            TOTAL ESTIMATED COST                       $82,500
</TABLE>

If we are successful in raising the funds from our offering, we plan to commence
Phase I of the exploration program on the claim in summer, 2008. We expect this
phase to take 14 days to complete and an additional two months for the
consulting geologist to receive the results of the assay lab and prepare his
report.

The above program costs are management's estimates based upon the
recommendations of the professional consulting geologist's report and the actual
project costs may exceed our estimates. To date, we have not commenced
exploration.

Following Phase I of the exploration program, if it proves successful in
identifying mineral deposits, we intend to proceed with Phase II of our
exploration program. The estimated cost of this program is $11,000 and will take
approximately 10 days to complete and an additional two months for the
consulting geologist to receive the results from the assay lab and prepare his
report.

Following Phase II of the exploration program, if it proves successful in
identifying mineral deposits, we intend to proceed with Phase III of our
exploration program if we are able to raise the funds necessary. The estimated
cost of this program is $65,000 and will take approximately 2 weeks to complete
and an additional two months for the consulting geologist to receive the results
from the assay lab and prepare his report.

We anticipate commencing Phase II of our exploration program in fall, 2008,
depending on whether Phase 1 program proves successful in identifying mineral
deposits. Subject to financing, we anticipate commencing Phase III of our
exploration program in 2009, depending on whether Phase II program proves
successful in identifying mineral deposits. We have a verbal agreement with
Laurence Sookochoff, P. Eng., the consulting geologist who prepared the geology
report on our claim, to retain his services for our planned exploration program.
We will require additional funding to proceed with Phase III and any subsequent
work on the claim, we have no current plans on how to raise the additional
funding. We cannot provide investors with any assurance that we will be able to
raise sufficient funds to proceed with any work after the first two phases of
the exploration program.

                                       13
<PAGE>
RESULTS OF OPERATIONS

We are still in our exploration stage and have generated no revenues to date.

We incurred operating expenses of $4,279 for the three months ended May 31,
2008. These expenses consisted of general operating expenses and professional
fees incurred in connection with the day to day operation of our business and
the preparation and filing of our reports with the Securities and Exchange
Commission. Our net losses from inception through May 31, 2008 were $13,279. As
we were incorporated in January 2008, there are no comparative figures from
previous years.

Cash provided by financing activities for the period from inception through May
31, 2008 was $15,000 from the sale of 1,500,000 shares of common stock to the
director of the company for $0.01 per share.

LIQUIDITY AND CAPITAL RESOURCES

We are an exploration stage company and have generated no revenue to date.
At May 31, 2008 our cash in the bank was $1,721. In order to achieve our
exploration program goals, we need to complete our offering of registered shares
pursuant to our S-1 Registration Statement filed with the SEC under file number
333-150385 which became effective on May 8, 2008.

Our auditors have issued a going concern opinion. This means that there is
substantial doubt that we can continue as an on-going business for the next
twelve months unless we obtain additional capital to pay our bills. This is
because we have not generated revenues and no revenues are anticipated until we
begin removing and selling minerals. There is no assurance we will ever reach
that point.

ITEM 4. CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have not identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

                                       14
<PAGE>
                           PART II - OTHER INFORMATION

ITEM 6. EXHIBITS

     Exhibit No.                        Description
     -----------                        -----------

         3.1         Articles of Incorporation*
         3.2         Bylaws*
        31.1         Sec. 302 Certification of Principal Executive Officer
        31.2         Sec. 302 Certification of Principal Financial Officer
        32.1         Sec. 906 Certification of Principal Executive Officer
        32.2         Sec. 906 Certification of Principal Financial Officer

----------
*    Exhibit is incorporated by reference and can be found in its entirety in
     our Registration Statement on Form S-1 (SEC File Number 333-150385) on the
     website at www.sec.gov

                                   SIGNATURES

Pursuant to the requirements of Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf in Spokane, WA, by the undersigned, thereunto duly authorized.

July 11, 2008                 Registrant:  Green Star Mining Corp.


                              By: /s/ Nan E. Weaver
                                  ----------------------------------------------
                                  Nan E. Weaver, Director, President, Secretary,
                                  Treasurer and Chief Financial Officer
                                  (Principal Executive Officer and Principal
                                  Accounting Officer)

                                       15