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| [X]    | QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED AUGUST 31, 2009. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                 |
| OR     |                                                                                                                                 |
|   |                                                                                                                                 |
| [ ]    | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934                                             |

|   | Large Accelerated Filer  | [   ] | Accelerated Filer  | [   ] |
|--------|-------------------------------|----------------------|-------------------------|----------------------|

|   | Non-accelerated Filer | [   ] | Smaller Reporting Company | [X] |
|--------|-----------------------|----------------------|---------------------------|-----|

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| ITEM 1. | FINANCIAL STATEMENTS |
|---------|----------------------|

| FLM MINERALS INC.              |
|--------------------------------|
| (An Exploration Stage Company) |
| INDEX                          |

|                                          | PAGE     |
|-----------------------------------------------|----------|
|                                          |     |
| ITEM 1: FINANCIAL STATEMENTS                  | F2       |
|                                          |     |
| BALANCE SHEETS                                | F3       |
|                                          |     |
| STATEMENTS OF OPERATIONS                      | F4       |
|                                          |     |
| STATEMENTS OF CASH FLOWS                      | F5       |
|                                          |     |
| STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY | F6       |
|                                          |     |
| NOTES TO FINANCIAL STATEMENTS                 | F7 - F11 |

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|                                                                           |                |  August 31,                                                                                                  |                      |  November 30,                                                                                          |
|--------------------------------------------------------------------------------|---------------------|-------------------------------------------------------------------------------------------------------------------|---------------------------|-------------------------------------------------------------------------------------------------------------|
|                                                                           |                | 2009                                                                                                              |                      | 2008                                                                                                        |
|                                                                           |                |  (unaudited)                                                                                                 |                      |                                                                                                        |
| ASSETS                                                                         |                |                                                                                                              |                      |                                                                                                        |
| Current Assets                                                                 |                |                                                                                                              |                      |                                                                                                        |
| Cash                                                                           |   $            |              85,975                              |   $             |           103,799                                         |
|                                                                           |                |                                                                                                              |                      |                                                                                                        |
| Total Assets                                                                   |   $            |                 85,975            |   $        |            103,799                                   |
|                                                                           |                |                                                                                                              |                      |                                                                                                        |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                           |                |                                                                                                              |                      |                                                                                                        |
| Current Liabilities                                                            |                |                                                                                                              |                      |                                                                                                        |
| Accounts payable and accrued liabilities                                       |   $            |                   1,800 |   $             |                  6,200 |
|                                                                           |                |                                                                                                              |                      |                                                                                                        |
| Total Liabilities                                                              |                | 1,800                                                                                                             |                      | 6,200                                                                                                       |
|                                                                           |                |                                                                                                              |                      |                                                                                                        |
| Stockholders' Equity                                                           |                |                                                                                                              |                      |                                                                                                        |
| Preferred Stock, $0.00001 par value, 100,000,000 shares authorized;            |                |                                                                                                              |                      |                                                                                                        |
| none issued and outstanding                                                    |                | -                                                                                                                 |                      | -                                                                                                           |
| Common Stock, $0.00001 par value, 100,000,000 shares authorized;               |                |                                                                                                              |                      |                                                                                                        |
| 6,906,300 issued and outstanding at August 31, 2009 and November 30, 2008 |                | 69                                                                                                                |                      | 69                                                                                                          |
| Additional paid in capital                                                     |                | 271,881                                                                                                           |                      | 271,881                                                                                                     |
| Deficit accumulated during the exploration stage                               |                | (187,775)                                                                                                         |                      | (174,351)                                                                                                   |
| Total stockholders' equity                                                     |                | 84,175                                                                                                            |                      | 97,599                                                                                                      |
| Total Liabilities and Stockholders' Equity                                     |    $ |                85,975                  |    $  |             103,799                             |

----

|                                        |    |                                                                                                                |           |                                                                                                                |           | For the Period                                                                                                      |           |
|---------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------|----------------|---------------------------------------------------------------------------------------------------------------------|----------------|---------------------------------------------------------------------------------------------------------------------|----------------|
|                                        |    |                                                                                                                |           |                                                                                                                |           |  August 31, 2006                                                                                               |           |
|                                        |    | For the Three Months Ended                                                                                          |           | For the Nine Months Ended                                                                                           |           | (Date of Inception)                                                                                                 |           |
|                                        |    | August 31,                                                                                                          |           | August 31,                                                                                                          |           | to August 31,                                                                                                       |           |
|                                        |    | 2009                                                                                                                |           | 2008                                                                                                                |           | 2009                                                                                                                |           | 2008 |   | 2009 |   |
|                                        |    |                                                                                                                |           |                                                                                                                |           |                                                                                                                |           |   |   |   |   |
|                                        |    |                                                                                                                |           |                                                                                                                |           |                                                                                                                |           |   |   |   |   |
| Revenue                                     |  $ |                    - |   $       |                    - |   $       |                    - |   $       |                    - |   $ |                             - |   |
|                                        |    |                                                                                                                |           |                                                                                                                |           |                                                                                                                |           |   |   |   |   |
| Expenses                                    |    |                                                                                                                |           |                                                                                                                |           |                                                                                                                |           |   |   |   |   |
| General and administrative                  |    | 717                                                                                                                 |           | 785                                                                                                                 |           | 2,007                                                                                                               |           | 2,153 |   | 85,561 |   |
| Mineral Property costs (Note 3)             |    | -                                                                                                                   |           | -                                                                                                                   |           | -                                                                                                                   |           | - |   | 25,227 |   |
| Professional fees                           |    | 3,692                                                                                                               |           | 1,800                                                                                                               |           | 11,417                                                                                                              |           | 16,382 |   | 76,987 |   |
| Total expenses                              |    | 4,409                                                                                                               |           | 2,585                                                                                                               |           | 13,424                                                                                                              |           | 18,535 |   | 187,775 |   |
| Net Loss                                    | $       |          (4,409)                                                       |   $       |          (2,585)                                                       |   $  |       (13,424)                                                                        |   $       |        (18,535) |   $  |                (187,775) |   |
|                                        |    |                                                                                                                |           |                                                                                                                |           |                                                                                                                |           |   |   |   |   |
| Basic and diluted net loss per share        |  $ |            (0.00)                                            |   $  |           (0.00)                                                  |   $       |            (0.00)                                            |   $  |           (0.00) |   |   |   |
|                                        |    |                                                                                                                |           |                                                                                                                |           |                                                                                                                |           |   |   |   |   |
| Weighted average shares used in calculating |    |                                                                                                                |           |                                                                                                                |           |                                                                                                                |           |   |   |   |   |
| basic and diluted net loss per share        |    |       6,906,300                                                                       |           |       6,906,300                                                                       |           |       6,906,300                                                                       |           |       6,906,300 |   |   |   |

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|                                                            |     |                                                                                                                      |           |  For the Period                                                                                                      |
|-----------------------------------------------------------------|----------|---------------------------------------------------------------------------------------------------------------------------|----------------|---------------------------------------------------------------------------------------------------------------------------|
|                                                            |     |                                                                                                                      |           | August 31, 2006                                                                                                           |
|                                                            |     | For the Nine Months Ended                                                                                                 |           | (Date of Inception)                                                                                                       |
|                                                            |     | August 31,                                                                                                                |           | to August 31,                                                                                                        |
|                                                            |     | 2009                                                                                                                      |           | 2008                                                                                                                      |   | 2009 |
| Cash Flows from Operating Activities                            |     |                                                                                                                      |           |                                                                                                                      |   |   |
| Net loss                                                        |   $ |          (13,424)                                                            |   $       |          (18,535)                                                            |   $ |             (187,775) |
| Changes in operating assets and liabilities                     |     |                                                                                                                      |           |                                                                                                                      |   |   |
| Increase (decrease) in accounts payable and accrued liabilities |     | (4,400)                                                                                                                   |           | (3,676)                                                                                                                   |   | 1,800 |
| Net cash used by operating activities                           |     | (17,824)                                                                                                                  |           | (22,211)                                                                                                                  |   | (185,975) |
|                                                            |     |                                                                                                                      |           |                                                                                                                      |   |   |
| Cash Flows from Financing Activities                            |     |                                                                                                                      |           |                                                                                                                      |   |   |
| Capital stock issued                                            |     | -                                                                                                                         |           | -                                                                                                                         |   | 271,950 |
| Net cash provided by financing activities                       |     | -                                                                                                                         |           | -                                                                                                                         |   | 271,950 |
|                                                            |     |                                                                                                                      |           |                                                                                                                      |   |   |
| Increase(decrease) in cash                                      |     | (17,824)                                                                                                                  |           | (22,211)                                                                                                                  |   | 85,975 |
| Cash, beginning of period                                       |     | 103,799                                                                                                                   |           | 181,480                                                                                                                   |   | - |
|                                                            |     |                                                                                                                      |           |                                                                                                                      |   |   |
| Cash, end of period                                             |   $ |           85,975                                                        |   $       |         159,269                                                                   |   $ |                    85,975 |
|                                                            |     |                                                                                                                      |           |                                                                                                                      |   |   |
| Supplemental disclosures information:                           |     |                                                                                                                      |           |                                                                                                                      |   |   |
| Interest paid                                                   |   $ |                     - |   $       |                     - |   $ |                           - |
| Income taxes paid                                               |   $ |                     - |   $  |                    -       |   $ |                           - |

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|                                |               |                |                                                                                  |           |  Additional                                                                                              |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|-------------------------------------|--------------------|---------------------|---------------------------------------------------------------------------------------|----------------|---------------------------------------------------------------------------------------------------------------|----------|---------------------------------------------------------------------------------------------------------------------------------------|----------------|---------------------------------------------------------------------------------------------------------------------------|----------|---------------------------------------------------------------------------|
|                                |  Common Stock |                |  Paid in                                                                         |           |  Subscriptions                                                                                           |     |  Accumulated                                                                                                                     |           |                                                                                                                      |
|                                |   Shares |                |  Amount                                                                          |           |  Capital                                                                                                 |     |  Receivable                                                                                                                      |           |  Deficit                                                                                                             |     |  Total                                                               |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Balance at August 31, 2006    |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  (inception)                   | -                  |   $       |               - |   $  |                   - |   $ |                       - |   $  |                     - |   $ |             - |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Capital stock issued for cash |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  at $0.00001 per share         | 6,000,000          |                | 60                                                                                    |           | -                                                                                                             |     | -                                                                                                                                     |           | -                                                                                                                         |     | 60                                                                        |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Capital stock issued for cash |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  at $0.30 per share            | 906,300            |                | 9                                                                                     |           | 271,881                                                                                                       |     | (42,600)                                                                                                                              |           | -                                                                                                                         |     | 229,290                                                                   |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Net loss for period           | -                  |                | -                                                                                     |           | -                                                                                                             |     | -                                                                                                                                     |           | (18,200)                                                                                                                  |     | (18,200)                                                                  |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Balance at November 30, 2006  | 6,906,300          |                | 69                                                                                    |           | 271,881                                                                                                       |     | (42,600)                                                                                                                              |           | (18,200)                                                                                                                  |     | 211,150                                                                   |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Share subscriptions received  | -                  |                | -                                                                                     |           | -                                                                                                             |     | 42,600                                                                                                                                |           | -                                                                                                                         |     | 42,600                                                                    |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Net loss for year             | -                  |                | -                                                                                     |           | -                                                                                                             |     | -                                                                                                                                     |           | (78,370)                                                                                                                  |     | (78,370)                                                                  |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Balance at November 30, 2007  | 6,906,300          |                | 69                                                                                    |           | 271,881                                                                                                       |     | -                                                                                                                                     |           | (96,570)                                                                                                                  |     | 175,380                                                                   |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Net loss for year             | -                  |                | -                                                                                     |           | -                                                                                                             |     | -                                                                                                                                     |           | (77,781)                                                                                                                  |     | (77,781)                                                                  |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Balance at November 30, 2008  | 6,906,300          |                | 69                                                                                    |           | 271,881                                                                                                       |     | -                                                                                                                                     |           | (174,351)                                                                                                                 |     | 97,599                                                                    |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Net loss for nine months | -                  |                | -                                                                                     |           | -                                                                                                             |     | -                                                                                                                                     |           | (13,424)                                                                                                                  |     | (13,424)                                                                  |
|                                |               |                |                                                                                  |           |                                                                                                          |     |                                                                                                                                  |           |                                                                                                                      |     |                                                                      |
|  Balance at August 31, 2009    | 6,906,300          |    $ |            69                  | $         |       271,881                                                                   | $   |                       - | $         |        (187,775)                                                                       | $   |    84,175                                                  |

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Fair Values of Financial Instruments

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|                                     |   | USD Equivalent                                                                                                                                                                                                            |   | CDN Dollars                                                                                                                                                                                                               |
|------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Cash on deposit                          | $      | 72                                                                                                                                                                                                                        | $      | 78                                                                                                                                                                                                                        |
| Accounts payable and accrued liabilities | $      |                                     - | $      |                                     - |

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| ITEM 2. | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. |
|---------|----------------------------------------------------------------------------------------|

----

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| Additional claim staking and recording              | $             | 5,000  |
|-----------------------------------------------------|---------------|--------|
| Digitizing data and transfer to base maps           | $             | 5,000  |
| Lithologic and structural mapping, sampling         | $             | 5,000  |
| Geochemical soil and rock chip survey, and analyses | $             | 10,000 |
| Geophysical survey (CSAMT)                          | $             | 20,000 |
| Independent consultants, supervision, and reports   | $             | 5,000  |
|                                                | Total Phase 1 | $      | 50,000 |

| Core or Reverse Circulation drilling (3,000 ft.)  | $             | 60,000 |
|---------------------------------------------------|---------------|--------|
| Sampling and assays                               | $             | 10,000 |
| Independent consultants, supervision, and reports | $             | 20,000 |
| Contingencies                                     | $             | 20,000 |
|                                              | Total Phase 2 | $      | 110,000 |

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| ITEM 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. |
|---------|-------------------------------------------------------------|

| ITEM 4. | CONTROLS AND PROCEDURES. |
|---------|--------------------------|

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| ITEM 1A. | RISK FACTORS |
|----------|--------------|

| ITEM 6. | EXHIBITS. |
|---------|-----------|

| Exhibit Number | Document Description                                                                                                                    |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------|
| 31.1           | Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|           |                                                                                                                                    |
| 32.1           | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Executive Officer and Chief Financial Officer.    |

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|   | FLM MINERALS INC. |                                                                                                                                                           |
|--------|-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |              |                                                                                                                                                           |   |
|   | By:               | XIN CHEN                                                                                                                                                       |   |
|   |              | Xin Chen                                                                                                                                                       |   |
|   |              | President, Principal Executive Officer, Principal Accounting Officer, Principal Financial Officer, Secretary, Treasurer and a member of the Board of Directors |   |

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| Exhibit Number | Document Description                                                                                                                    |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------|
| 31.1           | Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|           |                                                                                                                                    |
| 32.1           | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief Executive Officer and Chief Financial Officer.    |

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