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

FORM 10-Q



|[X]   | QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934    
|----- | ----------------------------------------------------------------------------------------
|      | FOR THE QUARTERLY PERIOD ENDED June 30, 2009                                            
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|OR    |                                                                                         
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|[   ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 000-53711

DESTINY MINERALS INC.

NEVADA(State or other jurisdiction of incorporation or organization)

246 Horsham Avenue
North York, Ontario
Canada M2N 2A6(Address of principal executive offices, including zip code.)

(888) 512-9124(telephone number, including area code)

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 [X]   NO [   ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).Yes [X]   No [   ]











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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 of the Exchange Act).YES [   ]   NO [X]

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:  8,000,000 as of August 4, 2009.

































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DESTINY MINERALS INC.

FORM 10-Q
June 30, 2009
INDEX

PART I-- FINANCIAL INFORMATION

|Item 1.  | Financial Statements (Unaudited)                           
|-------- | -----------------------------------------------------------
|Item 2.  | Management's Discussion and Analysis of Financial Condition
|Item 3   | Quantitative and Qualitative Disclosures About Market Risk 
|Item 4T. | Control and Procedures                                     

PART II-- OTHER INFORMATION

|Item 1  | Legal Proceedings                                          
|------- | -----------------------------------------------------------
|Item 1A | Risk Factors                                               
|Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds
|Item 3. | Defaults Upon Senior Securities                            
|Item 4. | Submission of Matters to a Vote of Security Holders        
|Item 5. | Other Information                                          
|Item 6. | Exhibits                                                   

SIGNATURE

EXHIBIT INDEX

















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PART I - FINANCIAL INFORMATION

ITEM 1.     Financial Statements

Destiny Minerals Inc.
(An Exploration Stage Company)

June 30, 2009

|Balance Sheets (Unaudited)                | F-1
|----------------------------------------- | ---
|Statements of Expenses (Unaudited)        | F-2
|Statements of Cash Flows (Unaudited)      | F-3
|Notes to Financial Statements (Unaudited) | F-4

































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|DESTINY MINERALS INC.                                                                                                 
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|(An Exploration Stage Company)                                                                                        
|BALANCE SHEETS                                                                                                        
|(Unaudited)                                                                                                           
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|ASSETS                                                                                                                
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|Cash                                                                                                                  
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|LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                 
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|Common stock, 100,000,000 shares authorized, $0.00001 par value; 8,000,000 shares issued and outstanding, respectively
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|TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                           







The accompanying notes are an integral part of these unaudited financial statements.
F-1

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|DESTINY MINERALS INC.         
|------------------------------
|(An Exploration Stage Company)
|STATEMENTS OF EXPENSES        
|(Unaudited)                   
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|EXPENSES                      
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|NET LOSS                      
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The accompanying notes are an integral part of these unaudited financial statements.
F-2

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|DESTINY MINERALS INC.                    
|-----------------------------------------
|(An Exploration Stage Company)           
|STATEMENTS OF CASH FLOWS                 
|(Unaudited)                              
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|Months Ended                             
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|CASH FLOWS FROM OPERATING ACTIVITIES     
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|Changes in assets and liabilities:       
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|Net cash used in operating activities    
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|CASH FLOWS FROM FINANCING ACTIVITIES     
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|Net cash provided by financing activities
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|Net change in cash                       
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|Cash, beginning of period                
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|Cash, end of period                      
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|SUPPLEMENTAL CASH FLOW DISCLOSURES       
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|                                         











The accompanying notes are an integral part of these interim unaudited financial statements.
F-3

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DESTINY MINERALS INC.

NOTE 1.     BASIS OF PRESENTATION

The accompanying unaudited interim financial statements of Destiny Minerals Inc., have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in Destiny's Annual Report filed with the SEC on Form 10-K.  In the opinion of management, all adjustments, consisting of normal recurring and restatement adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein.  The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.  Notes to the financial statements which would substantially duplicate the disclosure required in Destiny's fiscal 2009 financial statements have been omitted.

NOTE 2.     GOING CONCERN

From inception to  June 30, 2009, Destiny Minerals has not generated revenues and has accumulated losses. The continuation of Destiny Minerals as a going concern is dependent upon the continued financial support from its shareholders, the ability of Destiny Minerals to obtain necessary equity financing to continue operations, and the attainment of profitable operations. These factors raise substantial doubt regarding the Destiny Minerals' ability to continue as a going concern.

NOTE 3.     RELATED PARTY TRANSACTIONS

As of June 30, 2009, Destiny Minerals owed Emad Petro, its president and sole director, $53,263 for expenses paid on its behalf for legal, accounting, consulting and administrative fees advanced.  The total amount is unsecured, non interest bearing, and has no specific terms for repayment.

NOTE 4.     RECLASSIFICATIONS

Certain reclassifications have been made to prior period amounts to conform to current year classifications.









F-4

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

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

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

Our 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 any revenues and no revenues are anticipated until we begin removing and selling minerals. There is no assurance we will ever reach this point. Accordingly, we must raise cash from sources other than the sale of minerals found on the property. That cash must be raised from other sources. Our only other source for cash at this time is investments by other. We must raise cash to implement our project and stay in business.

We will be conducting research in the form of exploration of the property. Our exploration program is explained in as much detail as possible in the business section of our prospectus. We are not going to buy or sell any plant or significant equipment during the next twelve months.

Access is provided by several trails, tertiary and secondary roads near the property.

Our exploration target is to find an ore body containing gold. Our success depends upon finding mineralized material. This includes a determination by our consultant if the property contains reserves. Mineralized material is a mineralized body, which has been delineated by appropriate spaced drilling or underground sampling to support sufficient tonnage and average grade of metals to justify removal. If we don't find mineralized material or we can't remove mineralized material, either because we do not have the money to do it or because it is not economically feasible to do it, we will cease operations and you will lose your investment.

The property is undeveloped raw land.  Limited exploration in the form of obtaining surface samples, has been conducted.  To our knowledge, the property has never been mined. The only event that has occurred is the recording of the property by David Zamida and a physical examination of the property by Emad Petro, our sole officer and director. The registration of the claims was included in the $5,000 paid to Mr. Zamida. No additional payments were made or are due to Mr. Zamida for his services, with the exception of a 1% smelter royalty. The claims were recorded in our name.

We do not intend to hire additional employees at this time. All of the work on the property will be conduct by unaffiliated independent contractors that we will hire. The independent contractors will be responsible for surveying, geology, engineering, exploration, and excavation. The geologists will evaluate the information derived from the exploration and excavation and the engineers will advise us on the economic feasibility of removing the mineralized material.



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PHASE 1A - Work Completed:

Destiny Minerals is an exploration stage corporation engaged in the search of mineralizations from mineral deposits or reserves, which are not in either the development or production stage. The business plan is solely to explore one mineral property and if successful look at other exploration situations.

In April 2008, Destiny Minerals decided to acquire the Valrennes property from Mr. Zamida. The property shows by its emplacement an excellent potential for gold and base metals mineralizations, which characterize the Joutel Mining Camp host of several past gold, silver, copper and zinc deposits and producers. Although no significant values of precious and base metals were obtained from our 2 surface outcrop samples. The property remains strategically well located for mineral exploration.

On the Valrennes property, three (3) important métallotectes were recognized. The stratigraphic volcano-sedimentary units would be favourable hosts for VMS-type mineralizations; structural (faults, folds) and thermodynamic métallotectes such as young or later intrusions make it favourable for structural and hydrothermal controls; and vein-type injections.

RECOMMENDATIONS

Following the results obtained in the past in the area and on the property, the authors recommend an exploration program in three (3) phases. Phase 1 will consist of linecutting and ground geophysical surveys on the grid line; reconnaissance mapping and sampling for a total of $60,000. If warranted, Phase 2 will consist of geochemical soil survey and power stripping will be necessary to permit detailed mapping and sampling of the mineralized zones with coincident structures and geophysical conductors for a total of $108,000. If warranted, Phase 3 will consist of diamond drilling to follow up on the results obtained during previous Phases with final work report totalling $312,000. A total budget of $ 480,000 is recommended.

PHASE 1: BASIC EXPLORATION WORK

- Linecutting (50 km at $420/km)                                                                                  21 000 $



- Magnetometric survey (42 km at $100/km)                                                                  4 200 $



- IP survey (14 km at $1200/km)                                                                                  16 800 $



- Mapping and sampling on the grid line
1 geologist and 1 technician: 12 days at $1500/day                                                         18 000 $



Total Phase 1:                                                                                                            60 000 $







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PHASE 2: SOIL GEOCHEMISTRY AND DETAILED MAPPING



- Rock sampling and analysis
100 samples at $50/sample                                                                                             5 000 $

- Soil geochemical survey (600 samples at $50/sample)                                                 30 000 $

- Power stripping on outcropping priority showings on the grid line 
10 days at 3000$/day (all inclusive)                                                                              30 000 $



- Logistic supplies (transportation, lodging, eating, etc.)                                                 25 000 $



- Data synthesis and digitalization                                                                                   8 000 $

- Follow up work report with maps and figures                                                            15 000 $

Total Phase 2:                                                                                                          108 000 $

PHASE 3: DIAMOND DRILLING (NQ SIZE)

-Diamond Drilling (NQ size) on coinciding structural, geophysical, geological, geochemical anomalies and follow-up on the best values obtained in Phases 3 and 4:

10 DDHs (2000 m @ 140$/m) all inclusive2
                                                                  280 000 $



- Data synthesis and digitalization                                                                                      12 000 $



- Work report with color maps and figures                                                                        20 000 $



Total Phase 3:                                                                                                              312 000 $



Total Phases 1 to 3:                                                                                                     480 000 $

Plan of Operation for the Next Twelve Months

Management is evaluating the results of the geology report to determine what additional work should be done on the property, if any. Currently, that is the Company's only plan and it does not have plans to do any else.







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Limited Operating History; Need for Additional Capital

There is limited historical financial information about us upon which to base an evaluation of our performance. We are an exploration stage corporation and have not generated any revenues from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.

Liquidity and Capital Resources

To meet our need for cash, we raised money through a public offering. The money we raised will be applied to the items set forth in the Use of Proceeds section of our prospectus. If we find mineralized material and it is economically feasible to remove the mineralized material, we will attempt to raise additional money through a subsequent private placement, public offering or through loans.    If we can't or don't raise more money, we will cease operations. If we cease operations, we don't know what we will do and we don't have any plans to do anything else.

Our financial statements have been prepared on a going concern basis.  Realization value may be substantially different from carrying values as shown and these financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should Destiny be unable to continue as a going concern. As at June 30, 2009, Destiny has a working capital deficiency, has not generated revenues and has accumulated losses of $66,686 since inception. The continuation of Destiny as a going concern is dependent upon the continued financial support from its shareholders, the ability of Destiny Minerals to obtain necessary equity financing to continue operations, and the attainment of profitable operations. These factors raise substantial doubt regarding Destiny's ability to continue as a going concern.

Our sole officer and director has advanced us $53,263 for operating expenses associated with our offering and has agreed to pay the cost of reclamation of the property should mineralized material not be found thereon. The foregoing agreement is oral; there is nothing in writing to evidence the same. While our sole officer has agreed to advance the funds, the agreement is unenforceable as a matter of law, since there is no consideration for the same. At the present time, we have not made any arrangements to raise additional cash, other than what was raised through our public offering.

From inception through June 30, 2009, we issued 8,000,000 shares of our common stock and received $44,634.

On October 8, 2008, the Company completed its public offering by issuing 3,000,000 shares of common stock and raising $60,000 (net of issuance costs of $15,416).





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We issued 5,000,000 shares of common stock to our sole officer and director pursuant to the exemption from registration contained in Regulation S of the Securities Act of 1993. The purchase price of the shares was $50. This was accounted for as an acquisition of shares. Mr. Petro has covered some our expenses totalling $53,263 including incorporation, accounting and legal fees and for registering the property, all of which was paid directly to David Zamida; Geologica Groupe Conseil, our geological consultants; our attorney; and, our accountant. The amount owed to Mr. Petro is non-interest bearing, unsecured and due on demand. Further the agreement with Mr. Petro is oral and there is no written document evidencing the agreement.

As of June 30, 2009, our total assets were $31,415 and our total liabilities were $53,467.

ITEM 3.     QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

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

ITEM 4T(A).     CONTROLS AND PROCEDURES.

a)     Evaluation of Disclosure Controls. Pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 ("Exchange Act"), the Company carried out an evaluation, with the participation of the Company's management, including the Company's Chief Executive Officer ("CEO") and Chief Financial Officer ("CFO") (the Company's principal financial and accounting officer), of the effectiveness of the Company's disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Based upon that evaluation, the Company's CEO and CFO concluded that the Company's disclosure controls and procedures are effective to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to the Company's management, including the Company's CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure.

(b)      Changes in internal control over financial reporting. There have been no changes in our internal control over financial reporting that occurred during the last fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

ITEM 1.     LEGAL PROCEEDINGS.

We are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our companies or our subsidiaries' officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.



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ITEM 1A.     RISK FACTORS

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

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

On July 25, 2008, the SEC declared our Form S-1 registration statement effective (SEC File no. 333-151693) allowing us to sell 3,000,000 shares of common stock minimum, 5,000,000 shares of common stock maximum at an offering price of $0.02 per share. There was no underwriter involved in our public offering.  On October 8, 2008, the Company completed its public offering by issuing 3,000,000 shares of common stock and raising $60,000 (net of issuance costs of $15,416).  As of June 30, 2009, the Company has 8,000,000 total shares issued and outstanding. We have used some of the funds raised during the period for operating expenses:



|Accounting and Legal Fees  | $ | 5,000 
|-------------------------- | - | ------
|Consulting                 | $ | 4,740 
|Geology                    | $ | 236   
|General and Administrative | $ | 615   
|Total remaining            | $ | 31,415

ITEM 3.     DEFAULTS UPON SENIOR SECURITIES.

None.

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

None.

ITEM 5.     OTHER INFORMATION.

None.









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ITEM 6.     EXHIBITS.

The following documents are included herein:



|Exhibit No. | Document Description                                                                                                                                                                         
|----------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |                                                                                                                                                                                              
|31.1        | Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended.
|           
|32.1        | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).                























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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following person on behalf of the Registrant and in the capacities on this 4th day of August, 2009 at North York, Ontario, Canada.



| | DESTINY MINERALS INC.
| | ---------------------
| |                      
| | BY:                  
| |                      

































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EXHIBIT INDEX



|Exhibit No. | Document Description                                                                                                                                                                         
|----------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |                                                                                                                                                                                              
|31.1        | Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended.
|           
|32.1        | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).                



































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