| [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 13 or 15(d) of the Securities Exchange Act of      1934        |
|           |                                                                                              |
|           | For      the transition period   to __________                                          |
|           |                                                                                              |
|           | Commission      File Number:  333-150029                                                |

| Delaware                                                            | n/a                                    |
|---------------------------------------------------------------------|----------------------------------------|
| (State      or other jurisdiction of incorporation or organization) | (IRS      Employer Identification No.) |

| 2      Mic Mac Place,      Lethbridge,      Alberta, Canada T1K 5H6 |
|---------------------------------------------------------------------|
| (Address      of principal executive offices)                       |

| (403)      331-0606                                                                          |
|----------------------------------------------------------------------------------------------|
| (Issuer’s      telephone number)                                                       |
|                                                                                         |
| _______________________________________________________________                              |
| (Former      name, former address and former fiscal year, if changed since last      report) |

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Table of Contents

|                                                  | TABLE OF      CONTENTS                                                                           |   Page |
|-------------------------------------------------------|--------------------------------------------------------------------------------------------------|------------------|
|  PART I – FINANCIAL      INFORMATION  |
| Item 1:                                               | Financial Statements                                                                             | 3                |
| Item 2:                                               | Management’s Discussion and Analysis of Financial Condition and      Results of Operations | 4                |
| Item 3:                                               | Quantitative and Qualitative Disclosures About Market      Risk                                  | 10               |
| Item 4T:                                              | Controls and Procedures                                                                          | 10               |
|  PART II – OTHER      INFORMATION     |
| Item 1:                                               | Legal Proceedings                                                                                | 11               |
| Item 1A:                                              | Risk Factors                                                                                     | 11               |
| Item 2:                                               | Unregistered Sales of Equity Securities and Use of      Proceeds                                 | 11               |
| Item 3:                                               | Defaults Upon Senior Securities                                                                  | 11               |
| Item 4:                                               | Submission of Matters to a Vote of Security      Holders                                         | 11               |
| Item 5:                                               | Other Information                                                                                | 11               |
| Item 6:                                               | Exhibits                                                                                         | 11               |

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Item 1.  Financial Statements

| Our      unaudited financial statements included in this Form 10-Q are as      follows: |
|-----------------------------------------------------------------------------------------|
|                                                                                    |
| F-1                                                                                     | Balance Sheets as of September 30, 2008, and December 31, 2007      (unaudited); |
|                                                                                    |   |
| F-2                                                                                     | Statements of Operations for the three and nine months ended      September 30, 2008, and for the period from Inception on July 24, 2007      through September 30, 2008 (unaudited); |
|                                                                                    |   |
| F-3                                                                                     | Statements of Stockholder’s Equity from inception on July 24,      2007 through September 30, 2008 (unaudited); |
|                                                                                    |   |
| F-4                                                                                | Statements of Cash Flows for the nine months ended September      30, 2008, for the period from Inception on July 24, 2007 through September      30, 2007, and for the period from Inception on July 24, 2007 through      September 30, 2008 (unaudited); |
|                                                                                    |   |
| F-5                                                                                     | Notes to FinancialStatements. |

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Balance Sheets

| ASSETS                                                                                                                  |                   |    |                  |
|-------------------------------------------------------------------------------------------------------------------------|------------------------|---------|-----------------------|
|                                                                                                                    |                   |    |                  |
|                                                                                                                    |                   |    |                  |
|                                                                                                                    | September      30,2008 |    | December      31,2007 |
|                                                                                                                    | (unaudited)            |    |                  |
|                                                                                                                    |                   |    |                  |
| CURRENT      ASSETS                                                                                                     |                   |    |                  |
|                                                                                                                    |                   |    |                  |
| Cash                                                                                                                    | $                      | 26,277  |                  | $ | 34,386 |
|                                                                                                                    |                   |    |                  |   |   |
| Total      Current Assets                                                                                               |                   | 26,277  |                  |   | 34,386 |
|                                                                                                                    |                   |    |                  |   |   |
| OTHER      ASSETS                                                                                                       |                   |    |                  |   |   |
|                                                                                                                    |                   |    |                  |   |   |
| Mineral      properties                                                                                                 |                   | -       |                  |   | - |
|                                                                                                                    |                   |    |                  |   |   |
| Total      Other Assets                                                                                                 |                   | -       |                  |   | - |
|                                                                                                                    |                   |    |                  |   |   |
| TOTAL      ASSETS                                                                                                       | $                      | 26,277  |                  | $ | 34,386 |
|                                                                                                                    |                   |    |                  |   |   |
|                                                                                                                    |                   |    |                  |   |   |
| LIABILITIES AND      STOCKHOLDERS' EQUITY                                                                               |                   |    |                  |   |   |
|                                                                                                                    |                   |    |                  |   |   |
| CURRENT      LIABILITIES                                                                                                |                   |    |                  |   |   |
|                                                                                                                    |                   |    |                  |   |   |
| Accounts      payable                                                                                                   | $                      | -       |                  | $ | - |
|                                                                                                                    |                   |    |                  |   |   |
| Total      Current Liabilities                                                                                          |                   | -       |                  |   | - |
|                                                                                                                    |                   |    |                  |   |   |
| STOCKHOLDERS'      EQUITY                                                                                               |                   |    |                  |   |   |
|                                                                                                                    |                   |    |                  |   |   |
| Common      stock; 75,000,000 shares authorized, at $0.001 par value,      5,033,450 shares issued and outstanding |                   | 5,033   |                  |   | 5,033 |
| Additional      paid-in capital                                                                                         |                   | 30,312  |                  |   | 30,312 |
| Deficit      accumulated during the exploration stage                                                                   |                   | (9,068) |                  |   | (959) |
|                                                                                                                    |                   |    |                  |   |   |
| Total      Stockholders' Equity                                                                                         |                   | 26,277  |                  |   | 34,386 |
|                                                                                                                    |                   |    |                  |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS' EQUITY                                                                         | $                      | 26,277  |                  | $ | 34,386 |

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Statements of Operations

|                                                         | For      the ThreeMonths      EndedSeptember      30,2008 |      | From      Inceptionon July      24,2007      ThroughSeptember      30,2007 |   | For      the NineMonths      EndedSeptember      30,2008 |   | From      Inceptionon July      24,2007      ThroughSeptember      30,2008 |
|--------------------------------------------------------------|-----------------------------------------------------------|-----------|----------------------------------------------------------------------------|--------|----------------------------------------------------------|--------|----------------------------------------------------------------------------|
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |
| REVENUES                                                     | $                                                         | -         |                                                                       | $      | -                                                        |   | $                                                                          | - |   | $ | - |
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
| OPERATING      EXPENSES                                      |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
| General      and administrative                              |                                                      | 505       |                                                                       |   | -                                                        |   |                                                                       | 8,109 |   |   | 9,068 |
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
| Total      Expenses                                          |                                                      | 505       |                                                                       |   | -                                                        |   |                                                                       | 8,109 |   |   | 9,068 |
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
| LOSS      BEFORE INCOME TAXES                                |                                                      | (505)     |                                                                       |   | -                                                        |   |                                                                       | (8,109) |   |   | (9,068) |
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
| INCOME      TAX EXPENSE                                      |                                                      | -         |                                                                       |   |                                                     |   |                                                                       | - |   |   | - |
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
| NET      LOSS                                                | $                                                         | (505)     |                                                                       | $      | -                                                        |   | $                                                                          | (8,109) |   | $ | (9,068) |
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
| BASIC      LOSS PER SHARE                                    | $                                                         | (0.00)    |                                                                       | $      | 0.00                                                     |   | $                                                                          | (0.00) |   |   |   |
|                                                         |                                                      |      |                                                                       |   |                                                     |   |                                                                       |   |   |   |   |
| WEIGHTED      AVERAGE NUMBER OF SHARES      OUTSTANDING |                                                      | 5,033,450 |                                                                       |   | 2,400,000                                                |   |                                                                       | 5,033,450 |   |   |   |

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Statements of Stockholders'Equity

|                                                                                       | Common      Stock |   | AdditionalPaid-in |   | DeficitAccumulatedDuring      theExploration |   | TotalStockholders' |
|--------------------------------------------------------------------------------------------|-------------------|--------|-------------------|--------|----------------------------------------------|--------|--------------------|
|                                                                                       | Shares            |   | Amount            |   | Capital                                      |   | Stage              |   | Equity |
|                                                                                       |              |   |              |   |                                         |   |               |   |   |
| Balance      at inception on July 24, 2007                                                 | -                 |   | $                 | -      |                                         | $      | -                  |   | $ | - |   | $ | - |
|                                                                                       |              |   |              |   |                                         |   |               |   |   |   |   |   |   |
| Common      stock issued for cash at $0.001 per share  on September      4, 2007 | 2,400,000         |   |              | 2,400  |                                         |   | -                  |   |   | - |   |   | 2,400 |
|                                                                                       |              |   |              |   |                                         |   |               |   |   |   |   |   |   |
| Common      stock issued for cash at $0.01 per share on November 9,      2007         | 2,560,000         |   |              | 2,560  |                                         |   | 23,040             |   |   | - |   |   | 25,600 |
|                                                                                       |              |   |              |   |                                         |   |               |   |   |   |   |   |   |
| Common      stock issued for cash at $0.10 per share on November 27,      2007        | 73,450            |   |              | 73     |                                         |   | 7,272              |   |   | - |   |   | 7,345 |
|                                                                                       |              |   |              |   |                                         |   |               |   |   |   |   |   |   |
| Net      loss from inception through December 31, 2007                                     | -                 |   |              | -      |                                         |   | -                  |   |   | (959) |   |   | (959) |
|                                                                                       |              |   |              |   |                                         |   |               |   |   |   |   |   |   |
| Balance,      December 31, 2007                                                            | 5,033,450         |   |              | 5,033  |                                         |   | 30,312             |   |   | (959) |   |   | 34,386 |
|                                                                                       |              |   |              |   |                                         |   |               |   |   |   |   |   |   |
| Net      loss for the nine months ended September 30,      2008                       | -                 |   |              | -      |                                         |   | -                  |   |   | (8,109) |   |   | (8,109) |
|                                                                                       |              |   |              |   |                                         |   |               |   |   |   |   |   |   |
| Balance,      September 30, 2008                                                           | 5,033,450         |   | $                 | 5,033  |                                         | $      | 30,312             |   | $ | (9,068) |   | $ | 26,277 |

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Statements of CashFlows

|                                                                               | For      the NineMonths      EndedSeptember      30,2008 |    | From Inception      on      July 24,2007      ThroughSeptember      30,2007 |   | From      Inceptionon July      24,2007      ThroughSeptember      30,2008 |
|------------------------------------------------------------------------------------|----------------------------------------------------------|---------|-----------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|
|                                                                               |                                                     |    |                                                                        |   |                                                                       |
| OPERATING      ACTIVITIES                                                          |                                                     |    |                                                                        |   |                                                                       |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |
| Net      loss                                                                      | $                                                        | (8,109) |                                                                        | $      | -                                                                          |   | $ | (9,068) |
| Adjustments      to reconcile net loss to cash flows from operating    activities: |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| Changes      in operating assets and liabilites:                                   |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| Accounts      payable                                                              |                                                     | -       |                                                                        |   | -                                                                          |   |   | - |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| Net      Cash Used by                                                              |                                                     |    |                                                                        |   |                                                                       |   |   |   |
|   Operating      Activities                                              |                                                     | (8,109) |                                                                        |   | -                                                                          |   |   | (9,068) |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| INVESTING      ACTIVITIES                                                          |                                                     | -       |                                                                        |   | -                                                                          |   |   | - |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| FINANCING      ACTIVITIES                                                          |                                                     |    |                                                                        |   |                                                                       |   |   |   |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| Proceeds      from issuance of common stock                                        |                                                     | -       |                                                                        |   | 2,400                                                                      |   |   | 35,345 |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| Net      Cash Provided by                                                          |                                                     |    |                                                                        |   |                                                                       |   |   |   |
|   Financing      Activities                                              |                                                     | -       |                                                                        |   | 2,400                                                                      |   |   | 35,345 |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| NET      DECREASE IN CASH                                                          |                                                     | (8,109) |                                                                        |   | 2,400                                                                      |   |   | 26,277 |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| CASH      AT BEGINNING OF PERIOD                                                   |                                                     | 34,386  |                                                                        |   | -                                                                          |   |   | - |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| CASH      AT END OF PERIOD                                                         | $                                                        | 26,277  |                                                                        | $      | 2,400                                                                      |   | $ | 26,277 |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| SUPPLEMENTAL      DISCLOSURES OF CASH FLOW      INFORMATION                        |                                                     |    |                                                                        |   |                                                                       |   |   |   |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| CASH      PAID FOR:                                                                |                                                     |    |                                                                        |   |                                                                       |   |   |   |
|                                                                               |                                                     |    |                                                                        |   |                                                                       |   |   |   |
| Interest                                                                           | $                                                        | -       |                                                                        |   |                                                                       |   | $ | - |
| Income      Taxes                                                                  | $                                                        | -       |                                                                        |   |                                                                       |   | $ | - |

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Notes to the Financial Statements

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Item 2.     Plan of Operation

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| Exploration      Budget                                                      |                         |
|------------------------------------------------------------------------------|------------------------------|
|                                                                         |                         |
| Phase      I                                                                 | Exploration      Expenditure |
|                                                                         |                         |
| Review      of geologic literature, compilation of maps & cross sections | $                            | 3,000 |
|                                                                         |                         |   |
| On      site surface reconnaissance, mapping and sampling                    | $                            | 4,200 |
|                                                                         |                         |   |
| Geochemical      Analyses                                                    | $                            | 1,800 |
|                                                                         |                         |   |
| Other      expenses                                                          | $                            | 2,290 |
|                                                                         |                         |   |
| Phase II                                                                     |                         |   |
|                                                                         |                         |   |
| On      site trenching, mapping, and sampling                                | $                            | 8,000 |
|                                                                         |                         |   |
| Geochemical      Analyses                                                    | $                            | 1,800 |
|                                                                         |                         |   |
| Data      compilation and report preparation                                 | $                            | 1,200 |
|                                                                         |                         |   |
| Other      expenses                                                          | $                            | 2,290 |
|                                                                         |                         |   |
| Total,      Phases I and II                                                  | $                            | 24,580 |

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Item 3.     Quantitative and QualitativeDisclosures About Market Risk

Item 4T.     Controls andProcedures

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Item 1.     Legal Proceedings

Item 1A.  Risk Factors

Item 2.     Unregistered Sales of EquitySecurities and Use of Proceeds

Item 3.     Defaults upon SeniorSecurities

Item 4.     Submission of Matters to a Vote ofSecurity Holders

Item 5.     Other Information

Item 6.      Exhibits

| ExhibitNumber | Description      of Exhibit                                                                                                                                                        |
|---------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1           | Articles      of Incorporation (1)                                                                                                                                                      |
| 3.2           | ByLaws      (1)                                                                                                                                                                         |
| 31.1          | Certification of Chief Executive Officer pursuant to 18      U.S.C. Section 1350, as adopted pursuant to Section 302 of the      Sarbanes-Oxley Act of 2002                             |
| 31.2          | Certification of Chief Financial Officer pursuant to 18      U.S.C. Section 1350, as adopted pursuant to Section 302 of the      Sarbanes-Oxley Act of 2002                             |
| 32.1          | Certification of Chief Executive Officer and Chief      Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant      to Section 906 of the Sarbanes-Oxley Act of 2002 |
|          |                                                                                                                                                                                    |

| (1)   | Previously      included as an exhibit to the Current Report on Form S-1 filed with the      Securities and Exchange Commission on April 1,  2008. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | Alba      Mineral Exploration, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Date:  | November      12, 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   | By:        /s/Owen      Gibson                                                       Owen      GibsonTitle:    Chief      Executive Officer, Chief Financial Officer, Principal Accounting      Officer and Director |