UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549

                                  FORM 10-QSB

[X]   Quarterly Report pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934

      For the quarterly period ended    June 30, 2005
                                      ------------------

[ ]   Transition Report pursuant to 13 or 15(d) of the Securities Exchange
      Act of 1934

      For the transition period                  to
                               ------------------   --------------------

      Commission File Number    333-121542
                            -----------------


                               High Tide Ventures, Inc.
    ------------------------------------------------------------------------
       (Exact name of small Business Issuer as specified in its charter)


          Nevada                                         Applied For
---------------------------------             --------------------------------
(State or other jurisdiction of              (IRS Employer Identification No.)
 incorporation or organization)

747 17th Street, Suite 301
North Vancouver, British Columbia, Canada                 V7V 3T4
----------------------------------------      --------------------------------
(Address of principal executive offices)           (Postal or Zip Code)


Issuer's telephone number, including area code:        (604) 351-1897
                                                ------------------------------


                                      N/A
    ------------------------------------------------------------------------
     (Former name, former address and former fiscal year, if changed since
                                 last report)


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act of 1934  during the  preceding  12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [ ] Yes [ X ] No

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date:  12,650,000 shares of $0.001 par value
common stock outstanding as of August 10, 2005.


<page>





                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)


                          INTERIM FINANCIAL STATEMENTS


                                  JUNE 30, 2005
                                   (Unaudited)
                            (Stated in U.S. Dollars)

<page>


                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                                 BALANCE SHEETS
                            (Stated in U.S. Dollars)
<table>
<caption

-------------------------------------------------------------------------------------------------------------------------
                                                                                       June 30,          December 31,
                                                                                           2005               2004
-------------------------------------------------------------------------------------------------------------------------
                                                                                      (Unaudited)           (Audited)

                                                                             <c>                    <c>
ASSETS

Current
     Cash and cash equivalents                                                  $            5,516   $            14,854
=========================================================================================================================

LIABILITIES

Current
     Accounts payable and accrued liabilities                                   $           10,686   $            12,185
                                                                                -----------------------------------------

STOCKHOLDERS' EQUITY

Common Stock (Note 4)
     Authorized:
         75,000,000 shares with a par value of $0.001

     Issued and Outstanding:
         12,650,000 common shares at June 30, 2005                                          12,650                12,650
            12,650,000 common shares at December 31, 2004

     Additional paid-in capital                                                             35,850                31,350

Deficit Accumulated During The Exploration Stage                                           (53,670)              (41,331)
                                                                                -----------------------------------------
                                                                                            (5,170)                2,669
                                                                                -----------------------------------------

                                                                                $            5,516   $            14,854
=========================================================================================================================
</table>

Nature And Continuance Of Operations (Note 1)


    The accompanying notes are an integral part of these financial statements

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                        INTERIM STATEMENTS OF OPERATIONS
                                   (Unaudited)
                            (Stated in U.S. Dollars)
<table>
<caption>
---------------------------------------------------------------------------------------------------------------------------------
                                                                                                                      PERIOD FROM
                                                                                                                      FEBRUARY 13
                                        THREE            THREE MONTHS            SIX             SIX                     2003
                                        MONTHS             MONTHS               MONTHS          MONTHS                (INCEPTION)
                                        ENDED              ENDED                ENDED           ENDED                     TO
                                        JUNE 30            JUNE 30              JUNE 30         JUNE 30                 JUNE 30,
                                        2005               2004                 2005            2004                     2005
---------------------------------------------------------------------------------------------------------------------------------


                                 <c>                 <c>                   <c>             <c>                   <c>
Revenue                             $          -       $       -             $      -        $        -             $           -
                                    ---------------------------------------------------------------------------------------------

Expenses
     Consulting                            1,500            1,500               3,000             3,000                    14,000
     Mineral property costs (Note 5)       2,490            6,500               2,490             6,500                     8,990
     Organizational costs                      -                -                   -                 -                       420
     Office and sundry                     1,525              776               3,026             1,546                     9,574
     Professional fees                     2,128                -               3,823                 -                    20,686
                                    ---------------------------------------------------------------------------------------------

Net Loss For The Period             $      7,643       $    8,776           $  12,339        $   11,046             $      53,670
=================================================================================================================================


Basic And Diluted Loss Per Share    $      (0.01)      $    (0.00)          $   (0.01)       $    (0.00)
========================================================================================================


Weighted Average Number Of Shares
Outstanding                           12,650,000       11,921,429          12,650,000         8,611,813
========================================================================================================
</table>


    The accompanying notes are an integral part of these financial statements

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                        INTERIM STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                            (Stated in U.S. Dollars)

<table>
<caption>
---------------------------------------------------------------------------------------------------------------------------------
                                                                                                                   PERIOD FROM
                                                                                                                   FEBRUARY 13
                                                                          SIX                    SIX                   2003
                                                                         MONTHS                 MONTHS             (INCEPTION)
                                                                         ENDED                  ENDED                   TO
                                                                         JUNE 30                JUNE 30               JUNE 30
                                                                         2005                    2004                  2005
---------------------------------------------------------------------------------------------------------------------------------

                                                             <c>                     <c>                   <c>
Cash Flows From Operating Activities
  Net loss for the period                                      $        (12,339)       $         (11,046)    $         (53,670)

  Change in non-cash working capital balance related to operations:
        Accounts payable and accrued liabilities                         (1,499)                   6,080                10,686
        Prepaid expenses                                                      -                        -                     -
        Non-cash services from a director                                 4,500                    4,500                21,000
                                                               ------------------------------------------------------------------
                                                                       (  9,338)                    (466)              (21,984)
                                                               ------------------------------------------------------------------

Cash Flows From Financing Activities
  Capital stock issued                                                        -                   22,500                27,500
  Advance from related party                                                  -                   (2,500)                 -
                                                               ------------------------------------------------------------------
                                                                              -                   20,000                27,500
                                                               ------------------------------------------------------------------

Increase (Decrease)In Cash During The Period                           (  9,338)                  19,534                 5,516

Cash, Beginning Of Period                                                14,854                    7,485                  -
                                                               ------------------------------------------------------------------

Cash, End Of Period                                            $          5,516        $          27,019     $           5,516
=================================================================================================================================


Supplementary Disclosure Of Cash Flow Information
     Cash paid for:
         Interest                                              $            -          $               -     $            -
         Income taxes                                          $            -          $               -     $            -
=================================================================================================================================
</table>



    The accompanying notes are an integral part of these financial statements

<page>
                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                    INTERIM STATEMENT OF STOCKHOLDERS' EQUITY

           PERIOD FROM FEBRUARY 13, 2003 (INCEPTION) TO JUNE 30, 2005
                                   (Unaudited)
                            (Stated in U.S. Dollars)


<table>
<caption>
                                                                                                    DEFICIT
                                                                                                  ACCUMULATED
                                                        COMMON SHARES           ADDITIONAL         DURING THE
                                                 ----------------------------
                                                                    PAR           PAID-IN         EXPLORATION
                                                    NUMBER         VALUE          CAPITAL            STAGE             TOTAL
                                                 --------------------------------------------------------------------------------

                                               <c>            <c>            <c>             <c>                 <c>
Balance, February 13, 2003 (Date of inception)
                                                        -       $     -       $        -       $         -         $        -

Capital stock issued for cash:
     October 2003 at $0.001                         5,000,000        5,000             -                 -                 5,000
Non-cash services from a director                       -             -              7,500               -                 7,500
Net loss for the period                                 -             -                -              (11,363)           (11,363)
                                                 --------------------------------------------------------------------------------

Balance, December 31, 2003                          5,000,000        5,000           7,500            (11,363)             1,137

Capital stock issued for cash:
     April 2004 at $0.001                           7,500,000        7,500             -                 -                 7,500
     May 2004 at $0.10                                150,000          150          14,850               -                15,000
Non-cash services from a director                       -             -              9,000               -                 9,000
Net loss for the year                                   -             -                -              (29,968)           (29,968)
                                                 --------------------------------------------------------------------------------

Balance, December 31, 2004                         12,650,000   $   12,650    $     31,350     $      (41,331)     $       2,669

Non-cash services from a director                       -             -              4,500               -                 4,500
Net loss for the period                                 -             -                -              (12,339)           (12,339)
                                                 --------------------------------------------------------------------------------
Balance, June 30, 2005                             12,650,000   $   12,650    $     35,850     $      (53,670)     $      (5,170)
                                                 ================================================================================
</table>



    The accompanying notes are an integral part of these financial statements


<page>





                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                  JUNE 30, 2005
                                   (Unaudited)
                            (Stated in U.S. Dollars)


1.   NATURE AND CONTINUANCE OF OPERATIONS

     The Company was  incorporated  in the State of Nevada on February 13, 2003.
     The Company is an  Exploration  Stage  Company as defined by  Statement  of
     Financial  Accounting  Standard  ("SFAS")  No.  7.  During  the year  ended
     December 31, 2004, the Company has acquired a mineral  property  located in
     the Northwest  Territories,  Canada and has not yet determined whether this
     property contains reserves that are economically  recoverable (Note 5). The
     recoverability  of  property   expenditures  will  be  dependent  upon  the
     discovery  of  economically  recoverable  reserves,   confirmation  of  the
     Company's interest in the underlying  property,  the ability of the Company
     to obtain necessary financing to satisfy the expenditure requirements under
     the property  agreement and upon future  profitable  production or proceeds
     for the sale thereof.

     These financial statements have been prepared on a going concern basis. The
     Company has incurred  losses since  inception  resulting in an  accumulated
     deficit of $53,670 and further losses are anticipated in the development of
     its  business  raising  substantial  doubt about the  Company's  ability to
     continue as a going concern.  Its ability to continue as a going concern is
     dependent upon the ability of the Company to generate profitable operations
     in the  future  and/or  to  obtain  the  necessary  financing  to meet  its
     obligations  and  repay  its  liabilities   arising  from  normal  business
     operations  when  they come due.  Management  has plans to seek  additional
     capital  through a private  placement  and  public  offering  of its common
     stock. The financial  statements do not include any adjustments relating to
     the recoverability and classification of recorded assets, or the amounts of
     and  classification of liabilities that might be necessary in the event the
     Company cannot continue in existence.


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a)       Basis of Presentation

     The accompanying  unaudited interim financial statements have been prepared
     by the Company  pursuant to the rules and  regulations of the United States
     Securities and Exchange  Commission.  Certain  information  and disclosures
     normally  included in annual  financial  statements  prepared in accordance
     with  accounting  principles  generally  accepted  in the United  States of
     America  have  been  condensed  or  omitted  pursuant  to  such  rules  and
     regulations.  In the opinion of management, all adjustments and disclosures
     necessary for a fair  presentation of these financial  statements have been
     included.  Such adjustments consist of normal recurring adjustments.  These
     interim financial statements should be read in conjunction with the audited
     financial  statements of the Company for the fiscal  period ended  December
     31, 2004.

     The results of  operations  for the six months  ended June 30, 2005 are not
     indicative of the results that may be expected for the full year.

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                  JUNE 30, 2005
                                   (Unaudited)
                            (Stated in U.S. Dollars)

2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

     b)  Cash and Cash Equivalents

         The Company  considers all highly liquid  instruments  with maturity of
         three months or less at the time of issuance to be cash equivalents.

     c)  Mineral Property Costs

         The Company has been in the  exploration  stage since its  formation on
         February  13,  2003  and has not yet  realized  any  revenues  from its
         planned  operations.  It is primarily  engaged in the  acquisition  and
         exploration  of  mining  properties.  Prior to June 30,  2004,  mineral
         property  acquisition and exploration  costs were charged to operations
         as incurred.

         On March 31, 2004, the Emerging  Issues Task Force ("EITF") issued EITF
         04-2, "Whether Mineral Rights are Tangible or Intangible Assets" ("EITF
         04-2") which concluded that mineral interest  conveyed by leases should
         be  considered  tangible  assets.  On April  30,  2004,  the  Financial
         Accounting  Standards  Board ("FASB")  issued amended SFAS 141 and SFAS
         142 to provide that certain mineral use rights are considered  tangible
         assets and that  mineral use rights  should be  accounted  for based on
         their  substance.  The amendment was effective for the first  reporting
         period  beginning after April 29, 2004, with early adoption  permitted.
         The Company adopted EITF No. 04-2 on July 1, 2004.

         Subsequent to July 1, 2004, the Company capitalizes  acquisition costs,
         and expenses property maintenance and exploration costs as incurred.

         On  March  31,  2004,  the  EITF  issued  EITF  04-3,  "Mining  Assets'
         Impairment and Business Combinations" (EITF 04-3") which concluded that
         entities should generally  include values in mining  properties  beyond
         proven  and   probable   reserves   and  the  effects  of   anticipated
         fluctuations  in the future market price of minerals in determining the
         fair value of mining assets.  The Company  adopted EITF 04-3 on July 1,
         2004.  The  adoption  of EITF No.  04-3 did not have any  impact on the
         Company's  financial position or results of operations or cash flows in
         2004.

     d)  Use of Estimates and Assumptions

         The  preparation  of  financial  statements  in  conformity  with  U.S.
         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.

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                  JUNE 30, 2005
                                   (Unaudited)
                            (Stated in U.S. Dollars)

2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

     e)  Foreign Currency Translation

         The  Company's  functional  currency  is the  Canadian  dollar  and its
         reporting   currency  is  the  United  States  dollar.   The  financial
         statements of the Company are  translated  to United States  dollars in
         accordance with SFAS No. 52 "Foreign  Currency  Translation".  Monetary
         assets and liabilities denominated in foreign currencies are translated
         using the exchange rate prevailing at the balance sheet date. Gains and
         losses  arising  on  translation  or  settlement  of  foreign  currency
         denominated  transactions or balances are included in the determination
         of  income.  The  Company  has not,  to the  date of  these  financials
         statements, entered into derivative instruments to offset the impact of
         foreign currency fluctuations.

     f)  Financial Instruments

         The carrying value of cash and cash  equivalents,  accounts payable and
         accrued liabilities, and due to related parties approximates their fair
         value because of the short maturity of these instruments. The Company's
         operations   are  in  Canada  and  virtually  all  of  its  assets  and
         liabilities  are giving rise to  significant  exposure to market  risks
         from changes in foreign currency rates.

         The Company's  financial risk is the risk that arises from fluctuations
         in foreign  exchange rates and the degree of volatility of these rates.
         Currently,  the Company does not use  derivative  instruments to reduce
         its exposure to foreign currency risk.

     g)  Environmental Costs

         Environmental  expenditures  that  relate  to  current  operations  are
         charged to operations or capitalized as appropriate.  Expenditures that
         relate to an existing condition caused by past operations, and which do
         not contribute to current or future revenue generation,  are charged to
         operations.  Liabilities  are recorded when  environmental  assessments
         and/or  remedial  efforts are probable,  and the cost can be reasonably
         estimated.  Generally,  the timing of these accruals coincides with the
         earlier  of  completion  of  a  feasibility   study  or  the  Company's
         commitments to plan of action based on the then known facts.

     h)  Income Taxes

         Potential  benefits  of income  tax losses  are not  recognized  in the
         accounts  until  realization  is more likely than not.  The Company has
         adopted SFAS No. 109 as of its inception.  Pursuant to SFAS No. 109 the
         Company is  required to compute tax asset  benefits  for net  operating
         losses carried forward.  Potential benefit of net operating losses have
         not been recognized in these financial  statements  because the Company
         cannot be assured it is more  likely  than not it will  utilize the net
         operating losses carried forward in future years.

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                  JUNE 30, 2005
                                   (Unaudited)
                            (Stated in U.S. Dollars)

2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

     i)  Basic and Diluted Net Loss Per Share

         The Company  computes  net loss per share in  accordance  with SFAS No.
         128, "Earnings per Share".  SFAS No. 128 requires  presentation of both
         basic and  diluted  earnings  per share (EPS) on the face of the income
         statement.  Basic EPS is  computed by dividing  net loss  available  to
         common  shareholders  (numerator)  by the  weighted  average  number of
         shares outstanding  (denominator) during the period.  Diluted EPS gives
         effect to all potentially dilutive common shares outstanding during the
         period using the treasury stock method and convertible  preferred stock
         using the if-converted  method.  In computing  Diluted EPS, the average
         stock price for the period is used in determining  the number of shares
         assumed to be purchased from the exercise of stock options or warrants.
         Diluted EPS excludes all potentially dilutive shares if their effect is
         anti dilutive.

     j)  Stock Based Compensation

         The Company accounts for stock based employee compensation arrangements
         in  accordance  with  the  provisions of  Accounting  Principles  Board
         Opinion No. 25 - "Accounting for Stock Issued to Employees" (APB No.25)
         and complies with the  disclosure provisions  of Statement of Financial
         Accounting Standards No.123 - "Accounting for Stock Based Compensation"
         (SFAS No. 123).

         Under APB No.  25,  compensation  expense  is  recognized  based on the
         difference,  if any, on the date of grant  between the  estimated  fair
         value of the  Company's  stock and the amount an  employee  must pay to
         acquire the stock.  Compensation expense is recognized  immediately for
         past services and rateably for future  services over the option vesting
         period.

     k)  Comprehensive Loss

         SFAS No. 130, "Reporting  Comprehensive  Income," establishes standards
         for the reporting and display of comprehensive  loss and its components
         in the financial  statements.  As at June 30, 2005,  the Company has no
         items that  represent  a  comprehensive  loss and,  therefore,  has not
         included a schedule of comprehensive loss in the financial statements.

     l)  New Accounting Standards

         Management  does not  believe  that any  recently  issued,  but not yet
         effective,  accounting  standards,  if currently adopted,  could have a
         material effect on the accompanying financial statements.


<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                  JUNE 30, 2005
                                   (Unaudited)
                            (Stated in U.S. Dollars)

3.   RELATED PARTY TRANSACTIONS

         Services Rendered by Related Party

         The Company has been provided  with  non-cash  services from an officer
         and director.  Accordingly,  for the three months ended March 31, 2005,
         consulting  services  have been  recorded  of $3,000  (2004 -  $3,000),
         rental  expense  of  $1,500  (2004 -  $1,500)  has been  recorded,  and
         additional  paid-in  capital has been  increased  by the  corresponding
         amounts.

         The  value  of  the   consulting   services  has  been   calculated  by
         establishing  the fair value of the hourly  rate,  times the  estimated
         total hours spent by the directors. The value of the rental expense has
         been  calculated  on a  pro-rata  percentage  of the fair  value of the
         donated office space.  No monetary amount will be paid or exchanged for
         these services.


4.   COMMON STOCK

     In October 2003, the Company issued 5,000,000 common shares to directors of
     the Company for total cash proceeds of $5,000.

     In April 2004,  the Company issued  7,500,000  common shares for total cash
     proceeds of $7,500.

     In May 2004,  the  Company  issued  150,000  common  shares  for total cash
     proceeds of $15,000.

     At June 30, 2005, there were no outstanding stock options or warrants.


5.   MINERAL PROPERTY

     Pursuant to a mineral property purchase  agreement (the "Agreement")  dated
     May 28,  2004,  the  Company  acquired a 100%  undivided  right,  title and
     interest in the 18 unit Sparta  mineral  claim,  located near Cross Lake in
     the South Mining  District  Division of Northwest  Territories,  Canada for
     $6,500 cash  payment.  The amount of the payment was expensed in accordance
     with the Company's policy at the time.


<page>


Item 2. Management's Discussion and Analysis or Plan of Operation

FORWARD LOOKING STATEMENTS

This quarterly report contains forward-looking statements that involve risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking  statements  for many  reasons,  including the risks faced by us
described in this Risk Factors section and elsewhere in this annual report.

Plan of Operation

Our plan of operation for the twelve months following the date of this report is
to complete the recommended phase one and two exploration programs on the Sparta
property.  We  anticipate  that the phase one  program  will cost  approximately
$5,000, while the phase two program will cost approximately $10,000. To date, we
have not commenced exploration on the Sparta property.

The phase one  program  should take  approximately  one month to  complete.  The
anticipated  $5,000 cost of the program  will be funded from our current cash on
hand. The  exploration  program will consist of a geological  review of the main
mineralized areas of the property.  The review will be conducted by a geologist.
We have not yet retained a geologist to oversee this phase of exploration.

The phase two program will also take  approximately  one month to complete.  The
phase two work  program  will  consist of  geological  mapping  and  geophysical
surveying  using both  magnetic and  electromagnetic  instrumentation.  Magnetic
surveys involve searching for changes in the magnetic field over property areas.
Magnetic  anomalies may be a result of  accumulations  of certain magnetic rocks
that are often found alongside precious metals such as gold and base metals such
as copper. Electromagnetic surveys involve measuring whether or not rocks on the
surface and subsurface of the property  conduct  electricity.  Gold,  silver and
copper are excellent conductors of electricity.

The  anticipated  $10,000 cost of the program will be partially  funded from our
current  cash on  hand.  We will  need to  raise  additional  funds  in order to
complete the program. We expect that these funds will be raised from the sale of
our stock or from director loans, though no such arrangements have been made. If
we are  unable to raise  these  funds,  we will  have to delay  the  exploration
program.  We have not yet  retained  a  geologist  to oversee  this  exploration
program.

As well, we anticipate spending an additional $20,000 on general  administrative
costs, 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 $35,000.
As at  June  30,  2005,  our  cash  on hand is  $5,516.  We will  have to  raise
additional  funds  within the next  twelve  months in order to effect our entire
plan of operations.

While we have  sufficient  funds on hand to  conduct  the phase one  exploration
program on the Sparta property,  we will require  additional funding in order to
cover anticipated costs of the phase two program and administrative expenses. We
anticipate  that  additional  funding  will be  required  in the form of  equity
financing  from  the  sale of our  common  stock.  However,  we do not  have any
arrangements  in place  for any  future  equity  financing.  We may also seek to
obtain  short-term  loans from our directors,  although no such  arrangement has
been made.

<page>

Results Of Operations For Period Ending June 30, 2005

We have not earned any revenues from our  incorporation  on February 13, 2003 to
June 30,  2005.  We do not  anticipate  earning  revenues  unless we enter  into
commercial  production on the Sparta  property,  which is doubtful.  We have not
commenced  the  exploration  stage of our  business and can provide no assurance
that  we will  discover  economic  mineralization  on the  property,  or if such
minerals are discovered, that we will enter into commercial production.

We incurred operating expenses in the amount of $12,339 for the six-month period
ending June 30,  2005.  These  operating  expenses  were  comprised of $3,823 in
professional  fees,  $3,026 in office and sundry costs and $3,000 in  consulting
fees and $2,490 in mineral property costs.

Our net loss decreased  slightly in the six-month period ended June 30, 2005, as
compared to the  comparative  period in 2004  ($12,339 as compared to  $11,046).
Costs  were  higher in the prior  fiscal  period due to our  acquisition  of the
Sparta property.

At June 30,  2005,  we held  assets  consisting  entirely  of cash of $5,516 and
liabilities of $10,686.

We have not attained  profitable  operations  and are dependent  upon  obtaining
financing  to pursue  exploration  activities.  For these  reasons our  auditors
believe  that there is  substantial  doubt that we will be able to continue as a
going concern.


ITEM 3:  CONTROLS AND PROCEDURES

Evalution of Disclosure Controls

Our  management  evaluated  the  effectiveness  of our  disclosure  controls and
procedures as of the end of our fiscal quarter on June 30, 2005. This evaluation
was conducted by our chief executive  officer,  Brent Peters,  and our principal
accounting officer, Douglas Smith.

Disclosure  controls  are  controls  and other  procedures  that are designed to
ensure that  information that we are required to disclose in the reports we file
pursuant  to  the  Securities  Exchange  Act of  1934  is  recorded,  processed,
summarized and reported.

Limitations on the Effective of Controls

Our  management  does not expect that our  disclosure  controls or our  internal
controls over  financial  reporting  will prevent all error and fraud. A control
system, no matter how well conceived and operated,  can provide only reasonable,
but no absolute,  assurance  that the  objectives  of a control  system are met.
Further, any control system reflects limitations on resources,  and the benefits
of a control system must be considered  relative to its costs. These limitations
also include the realities that judgments in  decision-making  can be faulty and
that  breakdowns  can occur  because of simple  error or mistake.  Additionally,
controls  can be  circumvented  by the  individual  acts  of  some  persons,  by
collusion of two or more people or by management override of a control. A design
of a control  system is also  based upon  certain  assumptions  about  potential
future conditions;  over time, controls may become inadequate because of changes
in conditions,  or the degree of compliance  with the policies or procedures may
deteriorate.  Because of the inherent  limitations in a  cost-effective  control
system, misstatements due to error or fraud may occur and may not be detected.

<page>

Conclusions

Based upon the  evaluation  of our  controls,  our chief  executive  officer and
principal  accounting  officer have concluded  that,  subject to the limitations
noted  above,  the  disclosure  controls  are  effective  providing   reasonable
assurance that material  information  relating to us is made known to management
on a timely basis during the period when our reports are being  prepared.  There
were no  changes in our  internal  controls  that  occurred  during the  quarter
covered by this report that have materially  affected,  or are reasonably likely
to materially affect our internal controls.

PART II- OTHER INFORMATION

Item 1.  Legal Proceedings

We are not a party to any pending legal  proceeding.  Management is not aware of
any threatened litigation, claims or assessments.

Item 2.  Changes in Securities

The Company did not issue any securities during the quarter ended June 30, 2005.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Submission of Matters to a Vote of Security Holders

None.

Item 5. Other Information

None.

Item 6. Exhibits and Report on Form 8-K

31.1  Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
      to Section 302 of the Sarbanes-Oxley Act of 2002
31.2  Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
      to Section 906 of the Sarbanes-Oxley Act of 2002
32.1  Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
      to Section 906 of the Sarbanes-Oxley Act of 2002
32.2  Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
      to Section 906 of the Sarbanes-Oxley Act of 2002

<page>

SIGNATURES

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

DATED:  August 10, 2005

High Tide Ventures, Inc.

/s/ Brent Peters

------------------------------
Brent Peters, President