| (X      ) | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITES EXCHANGE ACT OF      1934 |
|-----------|--------------------------------------------------------------------------------------------------|

|   | For      the quarter period ended January 31,2010 |
|--------|---------------------------------------------------|

|  (  ) | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE EXCHANGE ACT OF      1934 |
|----------------------|------------------------------------------------------------------------------------------|

|   | For      the transition period      form                                                            to |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                 |
|   | Commission      File number       333-145879                                                                                                                                                                                                                                                                                                 |

|   | SIGA RESOURCES,      INC. |
|--------|---------------------------|

| Nevada                                                         | 74-3207964                                            |
|---------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (State      or other jurisdiction of incorporation or organization) | (IRS Employer Identification      No.)                                                                                                                                                                                                                                       |

| 8 Nairal Road, Ralwai, Suva,      Fiji        |
|-----------------------------------------------|
| (Address      of principal executive offices) |

| (679) 338-6092                             |
|--------------------------------------------|
| (Registrant’s      telephone number) |

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

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|                                                                                                |                                                                                                                                                                           | PageNumber    |
|-----------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|
| PART      1.                                                                                        | FINANCIAL      INFORMATION                                                                                                                                                     |          |
|                                                                                                |                                                                                                                                                                           |          |
| ITEM 1.                                                                                             | Financial      Statements (unaudited)                                                                                                                                          | 3             |
|                                                                                                |                                                                                                                                                                           |          |
|                                                                                                | Balance      Sheet as at January 31, 2010 and July 31, 2009                                                                                                                    | 4             |
|                                                                                                |                                                                                                                                                                           |          |
|                                                                                                | Statement      of OperationsFor      the three and six ended January 31, 2010 and 2009 and for the period      January 18, 2007 (Date of Inception) to January 31, 2010        |   5 |
|                                                                                                |                                                                                                                                                                           |          |
|                                                                                                | Statement      of Cash FlowsFor      the six months ended January 31, 2010 and 2009 and for the period January      18, 2007 (Date of  Inception) to January 31,2010 |  6       |
|                                                                                                |                                                                                                                                                                           |          |
|                                                                                                | Notes      to the Financial Statements.                                                                                                                                        | 7             |
|                                                                                                |                                                                                                                                                                           |          |
| ITEM 2.                                                                                             | Management’s      Discussion and Analysis of Financial Conditions and Results of      Operations                                                                         | 11            |
|                                                                                                |                                                                                                                                                                           |          |
|                     ITEM 3.   | Quantitative      and Qualitative Disclosure about Market Risk                                                                                                                 | 16            |
|                                                                                                |                                                                                                                                                                           |          |
|             ITEM 4.                                                   | Controls      and Procedures                                                                                                                                                   | 17            |
|                                                                                                |                                                                                                                                                                           |          |
|                     ITEM 4T.  | Controls      and Procedures                                                                                                                                                   | 18            |
|                                                                                                |                                                                                                                                                                           |          |
| PART      11.                                                                                       | OTHER      INFORMATION                                                                                                                                                         | 18            |
|                                                                                                |                                                                                                                                                                           |          |
| ITEM 1.                                                                                             | Legal      Proceedings                                                                                                                                                         | 18            |
|                                                                                                |                                                                                                                                                                           |          |
|                      ITEM 1A. | Risk      Factors                                                                                                                                                              | 19            |
|                                                                                                |                                                                                                                                                                           |          |
| ITEM 2.                                                                                             | Unregistered      Sales of Equity Securities and Use of Proceeds                                                                                                               | 23            |
|                                                                                                |                                                                                                                                                                           |          |
| ITEM 3.                                                                                             | Defaults      Upon Senior Securities                                                                                                                                           | 23            |
|                                                                                                |                                                                                                                                                                           |          |
| ITEM 4.                                                                                             | Submission      of Matters to a Vote of Security Holders                                                                                                                       | 23            |
|                                                                                                |                                                                                                                                                                           |          |
| ITEM 5.                                                                                             | Other      Information                                                                                                                                                         | 23            |
|                                                                                                |                                                                                                                                                                           |          |
| ITEM 6.                                                                                             | Exhibits                                                                                                                                                                       | 23            |
|                                                                                                |                                                                                                                                                                           |          |
|                                                                                                | SIGNATURES.                                                                                                                                                                    | 24            |
|                                                                                                |                                                                                                                                                                           |          |

----

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|                                                      | January      31, 2010                                                                        | July      31, 2009                                                                     |
|-----------------------------------------------------------|----------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|
|                                                      |                                                                                         |                                                                                   |
| ASSETS                                                    |                                                                                         |                                                                                   |
|                                                      |                                                                                         |                                                                                   |
| CURRENT      ASSETS                                       |                                                                                         |                                                                                   |
|                                                      |                                                                                         |                                                                                   |
| Cash                                                      | $             -             | $              - |
|                                                      |                                                                                         |                                                                                   |
| Total Current    Assets                                   | $             -             | $              - |
|                                                      |                                                                                         |                                                                                   |
| LIABILITIES      AND STOCKHOLDERS’ DEFICIENCY       |                                                                                         |                                                                                   |
|                                                      |                                                                                         |                                                                                   |
| CURRENT      LIABILITIES                                  |                                                                                         |                                                                                   |
|                                                      |                                                                                         |                                                                                   |
| Accounts payable                                          | $     21,742                                                        | $     17,743                                                  |
| Accounts payable – related      parties             | 32,913                                                                                       |  28,991                                                                           |
|                                                      |                                                                                         |                                                                                   |
| Total Current      Liabilities                            | 54,655                                                                                       | 46,734                                                                                 |
|                                                      |                                                                                         |                                                                                   |
| STOCKHOLDERS’      DEFICIENCY                       |                                                                                         |                                                                                   |
|                                                      |                                                                                         |                                                                                   |
| Common      stock                                         |                                                                                         |                                                                                   |
| 500,000,000 shares authorized, at      $0.001 par value;  |                                                                                         |                                                                                   |
| 43,785,000 shares issued and      outstanding             | 43,785                                                                                       | 43,785                                                                                 |
| Capital in excess of par      value                       | 34,215                                                                                       | 25,515                                                                                 |
| Deficit accumulated during the      pre-exploration stage | (132,655)                                                                                    | (116,034)                                                                              |
|                                                      |                                                                                         |                                                                                   |
| Total Stockholders’      Deficiency                 | (54,655)                                                                                     | (46,734)                                                                               |
|                                                      |                                                                                         |                                                                                   |
|                                                      | $               - | $              - |

----

|                                       |  Three      month      endedJanuary      31, 2010                     |  Three months      endedJanuary      31,  2009                     |  Six      months      ended January 31,2010                                       |  Six      months      ended January 31,2009                                       | From January      18, 2007      (dated of      inception) to      January  31, 2009 |
|--------------------------------------------|----------------------------------------------------------------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|
|                                       |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
| REVENUES                                   | $            - |  $             - | $              - | $              - | $                -      |
|                                       |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
| EXPENSES                                   |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
| Accounting      and auditing               | 3,500                                                                      | 1,996                                                                                  | 7,000                                                                                  | 3,546                                                                                  | 35,096                                                                                                  |
| Bank      charges and interest             | -                                                                          | 23                                                                                     | -                                                                                      | 45                                                                                     | 364                                                                                                     |
| Consulting                                 | -                                                                          | -                                                                                      | -                                                                                      | -                                                                                      | 17,000                                                                                                  |
| Edgarizing                                 | -                                                                          | -                                                                                      | -                                                                                      | 250                                                                                    | 2,898                                                                                                   |
| Exploration      and staking               | -                                                                          | -                                                                                      | -                                                                                      | -                                                                                      | 5,000                                                                                                   |
| Filing      fees                           | -                                                                          | -                                                                                      | -                                                                                      | -                                                                                      | 1,695                                                                                                   |
| Incorporation      costs                   | -                                                                          | -                                                                                      | -                                                                                      | -                                                                                      | 720                                                                                                     |
| Legal                                      | -                                                                          | (664)                                                                                  | -                                                                                      | -                                                                                      | 9,818                                                                                                   |
| Management      fees                       | 3,000                                                                      | 3,000                                                                                  | 6,000                                                                                  | 6,000                                                                                  | 36,000                                                                                                  |
| Office                                     | 37                                                                         | -                                                                                      | 105                                                                                    | 154                                                                                    | 2,041                                                                                                   |
| Rent                                       | 900                                                                        | 900                                                                                    | 1,800                                                                                  | 1,800                                                                                  | 10,800                                                                                                  |
| Telephone                                  | 450                                                                        | 450                                                                                    | 900                                                                                    | 900                                                                                    | 5,400                                                                                                   |
| Transfer      agent’s fees           |      816                                          |          -                                |    816                                                                  | 2,690                                                                                  |    5,823                                                                                 |
|                                       |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
| NET      LOSS FROM OPERATIONS         | $  (8,703)                                                       | $(5,705)                                                                               | $  (16,621)                                                                  | $  (15,385)                                                                  | $  (132,655)                                                                                  |
|                                       |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
| NET      LOSS PER COMMON      SHARE   |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
|                                       |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
| Basic      and diluted                     | $   (0.00)                                                  | $   (0.00)                                                              | $  (0.00)                                                                    | $  (0.00)                                                                    |                                                                                                    |
|                                       |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
| AVERAGE      OUTSTANDING  SHARES |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
|                                       |                                                                       |                                                                                   |                                                                                   |                                                                                   |                                                                                                    |
| Basic                                      | 43,785,000                                                                 | 43,785,000                                                                             | 43,785,000                                                                             | 43,785,000                                                                             |                                                                                                    |

----

|                                                                                      |  Six      months endedJanuary      31, 2010                          |  Six      months endedJanuary      31, 2009                     | From      January 18, 2007      (date      of inception) toJanuary 31, 2010 |
|-------------------------------------------------------------------------------------------|---------------------------------------------------------------------------|----------------------------------------------------------------------|-----------------------------------------------------------------------------|
|                                                                                      |                                                                      |                                                                 |                                                                        |
| CASH      FLOWS FROM OPERATING ACTIVITIES:                                                |                                                                      |                                                                 |                                                                        |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| Net      loss                                                                             | $    (16,621)                                         | $      (15,385)                                                      | $  (132,655)                                                      |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| Adjustments      to reconcile net loss to net cash provided      by operating activities: |                                                                      |                                                                 |                                                                        |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| Changes      in accounts payable                                                          | 3,999                                                                     |        666                        | 21,742                                                                      |
| Capital      contributions – expenses                                               | 8,700                                                                     | 8,700                                                                | 52,200                                                                      |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| Net      Cash  Provided (Used) in Operations                                    | (3,922)                                                                   | (6,019)                                                              | (58,713)                                                                    |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| CASH      FLOWS FROM INVESTING ACTIVITIES:                                                |             - |            -  |            -         |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| CASH      FLOWS FROM FINANCING ACTIVITIES                                                 |                                                                      |                                                                 |                                                                        |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| Proceeds from loan from related      party                                                |    3,922                                                   | 3,994                                                                | 32,913                                                                      |
| Proceeds from issuance of common      stock                                               |           -             |           -        | 25,800                                                                      |
|                                                                                      |                                                                      |                                                                 |                                                                        |
|                                                                                      |    3,922                                                   |   3,994                                                    |  58,713                                                                |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| Net      (Decrease) Increase in Cash                                                      | -                                                                         |  (2,025)                                                        | -                                                                           |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| Cash      at Beginning of Period                                                          |          -                   | 2,025                                                                |          -                     |
|                                                                                      |                                                                      |                                                                 |                                                                        |
| CASH      AT END OF PERIOD                                                                | $           -      | $           - | $           -        |

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|   | Basic and Diluted Net      Income (loss) Per Share |
|--------|----------------------------------------------------|

|   | Basic      net income (loss) per share amounts are computed based on the weighted      average number of shares actually outstanding.   Diluted      net income (loss) per share amounts are computed using the weighted      average number of common and common equivalent shares outstanding as if      shares had been issued on the exercise of the common share rights unless      the exercise becomes antidulutive and then only the basic per share      amounts are shown in the report. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | The      carrying amounts of financial instruments are considered by management to      be their fair value due to their short term  maturities. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Statement of Cash      Flows |
|--------|------------------------------|

|   | For      the purposes of the statement of cash flows, the Company considers all      highly liquid investments with a maturity of three months or less to be      cash equivalents. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | SIGA      RESOURCES, INC. |
|--------|---------------------------|

|   | (Unaudited      – Prepared by Management) |
|--------|-------------------------------------------------|

|   | Environmental      Requirements |
|--------|---------------------------------|

|   | At      the report date environmental requirements related to the mineral claim      acquired are unknown and therefore any estimate of any future cost cannot      be made. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | On      March 11, 2007, the Company acquired the Valolo Gold Claim located in the      Republic of Fiji for the consideration of $5,000 including a geological      report.  The Valolo Gold Claim is located 10 miles east of the      town of Korovou , Fiji.  Under Fijian law, the claim remains in      good standing as long as the Company has an interest in      it.   There is no annual maintenance fee or minimum      exploration work required on theClaim. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | On      January 16, 2008, the directors of the Company approved a resolution to      forward split the common shares of the Company based on a 35 new shares      for each old share held by the shareholders (“Forward      Split”).   As a result of the Forward Split the common      shares increased from 1,251,000 common shares with a par value of $0.001      per share to 43,785,000 common shares with a par value of $0.001 per      share.  The 43,785,000 post split common shares are shown as      split from the date of inception. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | SIGA      RESOURCES, INC. |
|--------|---------------------------|

|   | (Unaudited      – Prepared by Management) |
|--------|-------------------------------------------------|

| 6. | GOING      CONCERN |
|----|--------------------|

|   | The      Company will need additional working capital to service its debt and to      develop the mineral claims acquired, which raises substantial doubt about      its ability to continue as a going concern.   Continuation      of the Company as a going concern is dependent upon obtaining additional      working capital and the management of the Company has developed a      strategy, which it believes will accomplish this objective through      additional equity funding, and long term financing, which will enable the      Company to operate for the comingyear. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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----

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| Expenses                                                 | Amount              | Description                                                                                                                                                                                                         |
|----------------------------------------------------------|---------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                     |                |                                                                                                                                                                                                                |
| Accounting                                               | $  9,750  |     Fees to      the internal accountant for preparing the quarter and annual working      papers for the financial statements to be reviewed and examined by the      independent accountants. |
| Audit                                                    | 4,000               |     Review      of the quarterly financial statements and examination of the annual      financial statements and rendering an opinion thereon.                                                 |
| Exploration                                              | 10,900              |     Completion of      Phase I                                                                                                                                                                  |
| Filing      fees                                         | 375                 |     Annual      fee to the Secretary of State for Nevada                                                                                                                                        |
| Office                                                   | 500                 |     Photocopying,      delivery and fax expenses                                                                                                                                                |
| Transfer      agent’s fees                         | 1,500               |     Preparation of      share certificates and other documents periodically required by the      Company                                                                                        |
| Estimated      expenses                                  | 27,025              |                                                                                                                                                                                                                |
| Accounts      Payable –      January 31, 2010 |  21,742        |     Represents the      amounts owed to third party creditors.                                                                                                                                  |
| Total      estimated cash needed                         | $  48,767 |                                                                                                                                                                                                                |

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| ITEM      3. | QUANTITATIVE      AND QUALITATIVE DISCLOSURE OF MARKETRISK |
|--------------|------------------------------------------------------------|

----

| ● | our      variations in our operations results, either quarterly or      annually;                                           |
|---------|-----------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                        |
| ● | trading      patterns and share prices in other exploration companies which our      shareholders consider similar to ours; |
|    |                                                                                                                        |
| ● | the      exploration results on the Valolo claim, and                                                                       |
|    |                                                                                                                        |
| ● | other      events which we have no controlover.                                                                             |

| ● | designed      to ensure disclosure of information that is required to be disclosed in      the reports that Siga files or submits under the Exchange    Act; |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | recorded,      processed, summarized and reported with the time period required by the      SEC’s rules and forms; and |
|---------|------------------------------------------------------------------------------------------------------------------------------|

| ● | accumulated      and communicated to management to allow them to make timely decisions      about the required disclosures. |
|---------|-----------------------------------------------------------------------------------------------------------------------------|

----

|  ● | As      at January 31, 2010, Siga did not have an audit committee which complies      to the requirements of an audit committee since it did not have an      independent “financial expert” on the committee.  Even though it      has a Code of Ethics it does not emphasize fraud and methods to avoid      it.   Due to the small size of Siga a whistleblower policy      is not necessary. |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | Due      to a significant number and magnitude of out-of-period adjustments      identified during the quarter-end closing process, management has      concluded that the controls over the period-end financial reporting      process were not operating effectively.   A material      weakness in the period-end financial reporting process could result in      Siga not been able to meet its regulatory filing deadlines and, if not      remedied, has the potential to cause a material misstatement or to miss a      filing deadline in the future.   Management override of      existing controls is possible given the small size of the organization and      lack of personnel. |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | There      is no system in place to review and monitor internal control over      financial reporting.  This is due to Siga maintaining an      insufficient complement of personal to carry out ongoing monitoring      responsibilities and ensure effective internal control over financial      reporting. |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | * | our      ability to locate a profitable mineral property            |
|--------|---|---------------------------------------------------------------------|
|   | * | our      ability to locate an economic ore reserve                  |
|   | * | our      ability to develop and profitably mine a mineral  property |
|   | * | our      ability to generate revenues                               |
|   | * | our      ability to reduce explorationcosts.                        |

----

| ● | Market      prices for the minerals to be produced;                                                                                                                        |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ● | Costs      of bringing the Valolo into production including exploration preparation      of production feasibility studies and construction of production      facilities; |
| ● | Political      climate and/or governmental regulations and controls;                                                                                                       |
| ● | Ongoing      cost of production;                                                                                                                                           |
| ● | Availability      and cost of financing; and                                                                                                                               |
| ● | Environmental      compliance regulations andrestraints.                                                                                                                   |

----

----

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| 3.1    |   | Certificate      of Incorporation (incorporated by reference from Siga’s Registration      Statement on Form SB-2 filed on September 5, 2007, Registration No.      333-145879)          |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                           |
| 3.2    |   | Articles      of Incorporation (incorporated by reference from Siga’s Registration      Statement on Form SB-2 filed on September 5, 2007, Registration      No.333-145879)              |
|   |   |                                                                                                                                                                                           |
| 3.3    |   | By-laws      (incorporated by reference from Siga’s Registration Statement on Form SB-2      filed on September 5, 2007, Registration No.333-145879)                                     |
|   |   |                                                                                                                                                                                           |
| 4      |   | Stock      Specimen (incorporated by reference from Siga’s Registration Statement on      Form SB-2 filed on September 5, 2007, Registration No.      333-145879)                        |
|   |   |                                                                                                                                                                                           |
| 10.1   |   | Transfer      Agent and Registrar Agreement (incorporated by reference from Siga’s      Registration Statement on Form SB-2 filed on September 5, 2007      Registration No. 333-145879) |

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|                            | SIGA RESOURCES, INC.                                                                                                                                                                                                                                                                                                                                                                                            |
|---------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                            |      (Registrant)                                                                                                                                                                                                                                                                                                                                                                      |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                            |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                            |
| Date:       March 11, 2010 | ARUN      KUMAR                                                                 |
|                            | Chief      Executive Officer, President and Director                                                                                                                                                                                                                                                                                                                                                            |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                            |
|                            |                                                                                                                                                                                                                                                                                                                                                                                                            |
| Date:       March 11, 2010 | ROHIT SINGH                                                                                                                                                                                                                                                                                                                                                                                                |
|                            | Chief      Financial Officer, Chief AccountingOfficer,      Secretary and Director                                                                                                                                                                                                                                                                                                                              |

----