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

                                    FORM 10-K
                ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURUTIES EXCHANGE ACT OF 1934

                   For the fiscal year ended December 31, 2007

                        Commission file number 333-140839


                         Lucky Strike Explorations Inc.
             (Exact Name of Registrant as Specified in Its Charter)

           NEVADA                                                20-8055672
(State or Other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

                        8290 W. Sahara Avenue, Suite 160
                               Las Vegas, NV 89117
               (Address of Principal Executive Offices & Zip Code)

                                  (702)922-2700
                               (Telephone Number)

                                  Michael Noble
                        8290 W. Sahara Avenue, Suite 160
                               Las Vegas, NV 89117
                                  (702)922-2700
            (Name, Address and Telephone Number of Agent for Service)

           Securities registered pursuant to Section 12(b) of the Act:
                                      None

           Securities registered pursuant to section 12(g) of the Act:
                          Common Stock, $.001 par value

Indicate by check mark if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act. Yes [ ] No [X]

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act. Yes [ ] No [X]

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

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer," "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer [ ]                        Accelerated filer [ ]
Non-accelerated filer [ ]                          Smaller reporting company [X]
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [X] No [ ]

As of December 31, 2007, the registrant had 5,800,000 shares of common stock
issued and outstanding. No market value has been computed based upon the fact
that no active trading market had been established as of December 31, 2007.
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                                TABLE OF CONTENTS

                                                                        Page No.
                                                                        --------

                                     Part I

Item 1.  Business                                                            3
Item 1A. Risk Factors                                                       12
Item 2.  Properties                                                         14
Item 3.  Legal Proceedings                                                  15
Item 4.  Submission of Matters to a Vote of Securities Holders              15

                                    Part II

Item 5.  Market for Registrant's Common Equity, Related Stockholder
          Matters and Issuer Purchases of Equity Securities                 15
Item 7.  Management's Discussion and Analysis of Financial Condition and
          Results of Operations                                             17
Item 8.  Financial Statements and Supplementary Data                        20
Item 9.  Changes in and Disagreements with Accountants on Accounting and
          Financial Disclosure                                              31
Item 9A. Controls and Procedures                                            31

                                    Part III

Item 10. Directors and Executive Officers                                   31
Item 11. Executive Compensation                                             33
Item 12. Security Ownership of Certain Beneficial Owners and Management
          and Related Stockholder Matters                                   34
Item 13. Certain Relationships and Related Transactions                     35
Item 14. Principal Accounting Fees and Services                             35

                                    Part IV

Item 15. Exhibits                                                           35

Signatures                                                                  36

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                                     PART I

ITEM 1. BUSINESS

We are an exploration stage company with no revenues and a limited operating
history. Our independent auditor has issued an audit opinion which includes a
statement expressing substantial doubt as to our ability to continue as a going
concern.

There is the likelihood of our mineral claims containing little or no economic
mineralization or reserves of silver and other minerals. The Acid property
consisting of four contiguous, located, lode mineral claims comprising a total
of 82.64 acres, are the only claims currently in the company's portfolio. If our
claims do not contain any reserves all funds that we spend on exploration will
be lost. Even if we complete our current exploration program and are successful
in identifying a mineral deposit we will be required to expend substantial funds
on further drilling and engineering studies before we will know if we have a
commercially viable mineral deposit or reserve.

GLOSSARY

     Aeromagnetic survey - a magnetic survey conducted from the air normally
     using a helicopter or fixed-wing aircraft to carry the detection instrument
     and the recorder.

     Alluvial - unconsolidated sediments that are carried and hence deposited by
     a stream or river. In the southwest USA most in filled valleys often
     between mountain ranges were deposited with alluvium.

     Andesitic to basaltic composition - a range of rock descriptions using the
     chemical make-up or mineral norms of the same.

     Aphanitic - fine grained crystalline texture.

     Blind-basin - a basin practically closed off by enveloping rock exposures
     making the central portion of unconsolidated alluvial basin isolated.

     Elongate basin - a longer than wide depression that may be favorable to
     in-filling by adjacent eroding mountains.

     Formation - the fundamental unit of similar rock assemblages used in
     stratigraphy.

     Intermontane belt - between mountains (ranges), a usually longer than wide
     depression occurring between enclosing mountain ranges that supply
     erosional material to infill the basin.

     Lode mineral claim (Nevada) - with a maximum area contained within 1500'
     long by 600' wide = 20.66 acres.

     Overburden or Drift Cover - any loose material which overlies bedrock.

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     Plagioclase feldspar - a specific range of chemical composition of common
     or abundant rock forming silicate minerals.

     Playa - the lowest part of an intermontane basin which is frequently
     flooded by run-off from the adjacent highlands or by local rainfall.

     Porphyritic in augite pyroxene - Large porphyroblasts or crystals of a
     specific rock-forming mineral, i.e. augite occurring within a matrix of
     finer grained rock-forming minerals.

     Quarternary - the youngest period of the Cenozoic era.

     Snow equivalent - Approximately 1" of precipitation (rain) = 1' snow.

     Syenite - Coarse grained, alkalic, low in quartz intrusive rock.

     Trachyte - fine grained or glassy equivalent of a syenite.

     Volcaniclastic - Angular to rounded particles of a wide range of size
     within (a welded) finer grain-sized matrix of volcanic origin.

GENERAL INFORMATION

The property on which the net proceeds of the offering will be spent, are the
Acid mineral claims, comprised of 4 contiguous claims totaling 82.64 acres. The
beneficial owner of the mineral claims is Lucky Strike Explorations Inc., and
the claims are in good standing until September 30, 2008.

The Acid property lies in the west central area of the State of Nevada west
-southwest of the town of Goldfield and is accessible from Highway 95. The area
experiences about 4" - 8" of precipitation annually of which about 20% may occur
as a snow equivalent. The town of Tonapah that lies 26 miles to the north of
Goldfield, NV offers much of the necessary infrastructure required to base and
carry-out an exploration program (accommodations, communications, equipment and
supplies). The claim areas' elevation is approximately 5,900 feet. The
physiographic setting of the property can be described as open desert in the
valleys within a mosaic of rugged mountain ranges in an interior plateau
setting.

The recorded mining history of the general area dates from the 1860's when
prospectors passed through the area. There were many significant lode gold and
other mineral product deposits developed in the area. We have not carried out
any exploration work on the claims and have incurred no exploration costs. The
future cost of exploration work on the property is disclosed in detail in the
Plan of Operation section of this prospectus.

There is not a plant or any equipment currently located on the property. The
initial exploration phase will be supported by generators. The town of Tonapah
that lies 26 miles to the north of Goldfield, NV offers much of the necessary
infrastructure required to base and carry-out an exploration program
(accommodations, communications, equipment and supplies).

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A three-phase exploration program to evaluate the area is considered appropriate
and is recommended by the consulting geologist. Phase 1 of the work program will
consist of detailed prospecting, mapping and soil geochemistry. Contingent upon
favorable results from Phase 1, Phase 2 work would consist of magnetometer and
VLF electromagnetic, grid controlled surveys over the areas of interest
determined by the Phase 1 survey. Contingent upon the results of Phases 1 and 2,
Phase 3 would consist of an induced polarization survey over grid controlled
anomalous areas of interest outlined by Phase 1&2 fieldwork. Hoe or bulldozer
trenching, mapping and sampling of bedrock anomalies would also be carried out.

The cost of the proposed program is $9,500 for the initial phase of exploration
work, $10,500 for the contingent second phase and $30,000 for the third phase.
The consulting geologist was paid a deposit of $4,750 to commence Phase 1 of the
exploration program on the claims. He has completed the field work and received
the results from the assay lab and is currently preparing his report and
recommendations.

The discussions contained herein are management's estimates based on information
provided by the consulting geologist who prepared the geology report on the
property. Because we only recently commenced our exploration program we cannot
provide a more detailed discussion of our plans if we find a viable store of
minerals on our property, as there is no guarantee that exploitable
mineralization will be found, the quantity or type of minerals if they are found
and the extraction process that will be required. We are also unable to assure
you we will be able to raise the additional funding to proceed with any
subsequent work on the claims if mineralization is found.

ACQUISITION OF THE MINERAL CLAIMS

The Acid Mineral Claims were staked by James McLeod, the consulting geologist,
and are recorded in the name of the company. The claims are in good standing to
September 30, 2008.

REQUIREMENTS OR CONDITIONS FOR RETENTION OF TITLE

The title for the claims are in good standing until September 2008. During the
first week in August 2008 a filing is to be made by the Company to the County
and Bureau of Land Management that we intend to retain the claims and to
continue performing exploration work on them. Such work will be reported and
filed at the appropriate time.

LOCATION, ACCESS, CLIMATE, LOCAL RESOURCES & INFRASTRUCTURE

The Acid mineral claims are comprised of 4 contiguous claims totaling 82.64
acres. The mineral claim area may be located on the Esmeralda County 1:250,000
map sheet. At the center of the property the latitude is 37(degree) 40' N and
the longitude is 117(degree) 18' W.

The claims are motor vehicle accessible from the Town of Goldfield, Nevada by
traveling 3 miles south along Highway 95 to the Montezuma Ridge cut-off and then
6 miles southwest on the gravel road to the mineral claims. The Acid property
lies in the west central area of the State of Nevada west -southwest of the town
of Goldfield and is accessible from Highway 95.

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The area experiences about 4" - 8" of precipitation annually of which about 20%
may occur as a snow equivalent. This amount of annual precipitation reflects a
climatic classification of arid to semi-arid. The summers can experience hot
weather, middle 60's to 70's F(degree) average with high spells of 100+F(degree)
while the winters are generally more severe than the dry belt to the west and
can last from December through February. Temperatures experienced during
mid-winter average for January of from the high 20's to the low 40's F(degree)
with low spells down to -20 F(degree).

The town of Tonapah that lies 26 miles to the north of Goldfield, NV offers much
of the necessary infrastructure required to base and carry-out an exploration
program (accommodations, communications, equipment and supplies). Larger or more
specialized equipment can be acquired in the City of Las Vegas lying 209 miles
by paved road (Highway 95) to the south.

Infrastructure such as highways and secondary roads, communications,
accommodations and supplies that are essential to carrying-out an exploration
and development program are at hand, between Tonopah, Goldfield and Las Vegas.

                                       6
<PAGE>




                        [MAP SHOWING THE CLAIM LOCATION]




                                       7
<PAGE>




                          [MAP SHOWING THE CLAIM AREA]




                                       8
<PAGE>
HISTORY

The recorded mining history of the general area dates from the 1860's when
prospectors passed through the area. The many significant lode gold and other
mineral product deposits developed in the area was that of the Goldfield Camp,
1905, Coaldale coal field, 1913, Divide silver mining District, 1921 and the
Candalaria silver mine which operated as an underground lode gold deposit in
1922 and again in the 1990's as an open cut, cyanide heap leach operation.

Previous work completed in the area is helpful as it provides some indication as
to the type, grades and location of minerals present in the area, though there
is no guarantee the previous work will result in any exploitable mineral
deposits on our claims.

GEOLOGICAL SETTING

REGIONAL GEOLOGY

The regional geological map of Nevada, scale 1:1,000,000 compiled by John H.
Stewart and John E. Carlson, 1977 depict the State as being underlain by all
types of rock units. These appear to range from oldest to youngest in an east to
west direction, respectively. The oldest units are found to occur in the
southeast corner of the State along the Colorado River. The bedrock units
exhibit a north-south fabric of alternating east-west ranges and valleys
suggesting E-W compression. Faulting plays a large part in many areas of Nevada
and an even larger part in the emplacement of mineral occurrences and ore
bodies.

LOCAL GEOLOGY

The local geology to the southwest of Goldfield, NV reveals a NE-SW trending,
elongate or elliptical blind-basin bounded, i.e. closed off around its
circumference by rock exposures.

Throughout this outcropping ring-shaped feature are abundant, scattered rock
exposures of Lower - Middle Paleozoic carbonate and aphanitic to very fine grain
sized sediments, as quartzite, siltstone, claystone and more abundant limestone.
Some transitional metamorphic rocks are interspersed. A myriad of Tertiary
volcanic rocks and minor sedimentary units overlie the old Paleozoic units.

PROPERTY GEOLOGY

The geology of the Acid property area may be described as being covered by
Quaternary alluvium and playa deposits and some Lower Paleozoic limestone. This
young covered basin within a larger surrounding area of known mineral
occurrences exhibiting good geological setting portrays an excellent target area
to conduct exploration. The outcrops partially surrounding or flanking the
alluvial covered valley underlying the mineral claim area suggests mineral
occurrences or structurally prepared bedrock may be sought after in those areas.

PROPERTY MINERALIZATION

The deposit types that are found occurring in the regional area and the more
localized areas vary considerably. Silver and gold quartz veins predominate at
Tonopah. Some of the most productive veins represent the silicification and
replacement of sheeted zones of trachyte that was originally marked by close-set

                                       9
<PAGE>
parallel fractures, but not faulting. Essentially of two types of quartz veins
as determined by their host either 1) older pre-Tertiary volcanic rocks, i.e.
Silver Peak (Mineral Ridge area), Weepah and Hornsilver or 2) Tertiary rhyolite
host rocks such as Tonopah and other younger volcanic rocks, i.e. Goldfield and
Divide. Base metal deposits are more commonly of interest now than in the past
except in the hour of need such as wartime.

By far the largest production in the County comes from vein-type of gold and
silver occurrences in quartz fissure in either pre-Tertiary volcanic or Tertiary
volcanic host rocks.

COMPETITION

We do not compete directly with anyone for the exploration or removal of
minerals from our property as we hold all interest and rights to the claims.
Readily available commodities markets exist in the U.S. and around the world for
the sale of gold, silver and other minerals. Therefore, we will likely be able
to sell any minerals that we are able to recover.

We will be subject to competition and unforeseen limited sources of supplies in
the industry in the event spot shortages arise for supplies such as dynamite,
and certain equipment such as bulldozers and excavators that we will need to
conduct exploration. If we are unsuccessful in securing the products, equipment
and services we need we may have to suspend our exploration plans until we are
able to do so.

BANKRUPTCY OR SIMILAR PROCEEDINGS

There has been no bankruptcy, receivership or similar proceeding.

REORGANIZATIONS, PURCHASE OR SALE OF ASSETS

There have been no material reclassifications, mergers, consolidations, or
purchase or sale of a significant amount of assets not in the ordinary course of
business.

COMPLIANCE WITH GOVERNMENT REGULATION

Our exploration programs in Nevada are subject to state and federal regulations
regarding environmental considerations. All operations involving the exploration
for the production of minerals are subject to existing laws and regulations
relating to exploration procedures, safety precautions, employee health and
safety, air quality standards, pollution of streams and fresh water sources,
odor, noise, dust and other environmental protection controls adopted by
federal, state and local governmental authorities as well as the rights of
adjoining property owners. We may be required to prepare and present to federal,
state or local authorities data pertaining to the effect or impact that any
proposed exploration for or production of minerals may have upon the
environment. All requirements imposed by any such authorities may be costly,
time consuming and may delay commencement or continuation of exploration or
production operations. Future legislation may significantly emphasize the
protection of the environment, and, as a consequence, our activities may be more
closely regulated to further the cause of environmental protection. Such
legislation, as well as further interpretation of existing laws in the United
States, may require substantial increases in equipment and operating costs and
delays, interruptions, or a termination of operations, the extent of which

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<PAGE>
cannot be predicted. Environmental problems known to exist at this time in the
United States may not be in compliance with regulations that may come into
existence in the future. This may have a substantial impact upon the capital
expenditures required of us in order to deal with such problem and could
substantially reduce earnings.

The regulatory bodies that directly regulate our activities are the Bureau of
Land Management (Federal) and the Nevada Department of Environmental Protection
(State).

PATENTS, TRADEMARKS, FRANCHISES, CONCESSIONS, ROYALTY AGREEMENTS, OR LABOR
CONTRACTS

We have no current plans for any registrations such as patents, trademarks,
copyrights, franchises, concessions, royalty agreements or labor contracts. We
will assess the need for any copyright, trademark or patent applications on an
ongoing basis.

NEED FOR GOVERNMENT APPROVAL FOR ITS PRODUCTS OR SERVICES

We are not required to apply for or have any government approval for our
products or services.

RESEARCH AND DEVELOPMENT COSTS DURING THE LAST TWO YEARS

We have not expended funds for research and development costs since inception.
We paid $3,500 for the geology report and $3,500 for the staking of the claims.

EMPLOYEES AND EMPLOYMENT AGREEMENTS

Our only employee is our sole officer, Michael Noble. Mr. Noble currently
devotes 5-7 hours per week to company matters and he plans to devote as much
time as the board of directors determines is necessary to manage the affairs of
the company in the future. There are no formal employment agreements between the
company and our current employee.

REPORTS TO SECURITIES HOLDERS

We provide an annual report that includes audited financial information to our
shareholders. We make our financial information equally available to any
interested parties or investors through compliance with the disclosure rules of
Regulation S-B for a small business issuer under the Securities Exchange Act of
1934. We are subject to disclosure filing requirements, including filing Form
10K annually and Form 10Q quarterly. In addition, we will file Form 8K and other
proxy and information statements from time to time as required. We do not intend
to voluntarily file the above reports in the event that our obligation to file
such reports is suspended under the Exchange Act. The public may read and copy
any materials that we file with the Securities and Exchange Commission, ("SEC"),
at the SEC's Public Reference Room at 100 F Street NE, Washington, DC 20549. The
public may obtain information on the operation of the Public Reference Room by
calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site
(http://www.sec.gov) that contains reports, proxy and information statements,
and other information regarding issuers that file electronically with the SEC.

                                       11
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ITEM 1A.  RISK FACTORS

WE ARE AN EXPLORATION STAGE COMPANY AND HAVE ONLY RECENTLY COMMENCED EXPLORATION
ACTIVITIES ON OUR CLAIMS. WE EXPECT TO INCUR OPERATING LOSSES FOR THE
FORESEEABLE FUTURE.

     We have only recently commenced exploration on the Acid 1-4 Mineral Claims
     and have not yet received the report from the geologist on the first phase
     of exploration. Accordingly, we have no way to evaluate the likelihood that
     our business will be successful. We were incorporated on December 15, 2006
     and to date have been involved primarily in organizational activities and
     the acquisition of the mineral claims and funding. We have not earned any
     revenues as of the date of this prospectus. Potential investors should be
     aware of the difficulties normally encountered by new mineral exploration
     companies and the high rate of failure of such enterprises. The likelihood
     of success must be considered in light of the problems, expenses,
     difficulties, complications and delays encountered in connection with the
     exploration of the mineral properties that we plan to undertake. These
     potential problems include, but are not limited to, unanticipated problems
     relating to exploration, and additional costs and expenses that may exceed
     current estimates. Prior to completion of our exploration stage, we
     anticipate that we will incur increased operating expenses without
     realizing any revenues. We expect to incur significant losses into the
     foreseeable future. We recognize that if we are unable to generate
     significant revenues from development and production of minerals from the
     claims, we will not be able to earn profits or continue operations. There
     is no history upon which to base any assumption as to the likelihood that
     we will prove successful, and it is doubtful that we will generate any
     operating revenues or ever achieve profitable operations. If we are
     unsuccessful in addressing these risks, our business will most likely fail.

OUR INDEPENDENT AUDITOR HAS ISSUED AN AUDIT OPINION FOR LUCKY STRIKE
EXPLORATIONS INC. WHICH INCLUDES A STATEMENT DESCRIBING OUR GOING CONCERN
STATUS. OUR FINANCIAL STATUS CREATES A DOUBT WHETHER WE WILL CONTINUE AS A GOING
CONCERN.

     As described in Note 3 of our accompanying financial statements, our lack
     of operations and any guaranteed sources of future capital create
     substantial doubt as to our ability to continue as a going concern. If our
     business plan does not work, we could remain as a start-up company with
     limited operations and revenues.

BECAUSE MANAGEMENT HAS NO TECHNICAL EXPERIENCE IN MINERAL EXPLORATION, OUR
BUSINESS HAS A HIGHER RISK OF FAILURE.

     Our officer and directors have no professional training or technical
     credentials in the field of geology and specifically in the areas of
     exploring, developing and operating a mine. As a result, we may not be able
     to recognize and take advantage of potential acquisition and exploration
     opportunities in the sector without the aid of qualified geological
     consultants. Management's decisions and choices may not take into account
     standard engineering or managerial approaches mineral exploration companies
     commonly use. Consequently our operations, earnings and ultimate financial
     success may suffer irreparable harm as a result.

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OUR MINERAL EXPLORATION EFFORTS MAY BE UNSUCCESSFUL RESULTING IN ANY FUNDS SPENT
ON EXPLORATION BEING LOST.

     No known bodies of commercial ore or economic deposits have been
     established on our properties. Even in the event commercial quantities of
     minerals are discovered, the exploration property might not be brought into
     a state of commercial production. Finding mineral deposits is dependent on
     a number of factors, including the technical skill of exploration personnel
     involved. The commercial viability of a mineral deposit once discovered is
     also dependent on a number of factors, some of which are particular
     attributes of the deposit, such as size, grade and proximity to
     infrastructure, as well as metal prices.

WE CAN PROVIDE NO ASSURANCE THAT WE WILL BE ABLE TO SUCCESSFULLY ADVANCE THE
MINERAL CLAIMS INTO COMMERCIAL PRODUCTION IF MINERALIZATION IS FOUND.

     Our ability to generate revenues and profits is expected to occur through
     exploration, development and production of our property. Substantial
     expenditures will be incurred in an attempt to establish the economic
     feasibility of mining operations by identifying mineral deposits and
     establishing ore reserves through drilling and other techniques, developing
     metallurgical processes to extract metals from ore, designing facilities
     and planning mining operations. The economic feasibility of a project
     depends on numerous factors, including the cost of mining and production
     facilities required to extract the desired minerals, the total mineral
     deposits that can be mined using a given facility, the proximity of the
     mineral deposits to a user of the minerals, and the market price of the
     minerals at the time of sale. There is no assurance that our exploration
     program will result in the identification of deposits that can be mined
     profitably.

     If our exploration program is successful in establishing ore of commercial
     tonnage and grade, we will require additional funds in order to advance the
     claims into commercial production. Obtaining additional financing would be
     subject to a number of factors, including the market price for the
     minerals, investor acceptance of our claims and general market conditions.
     These factors may make the timing, amount, terms or conditions of
     additional financing unavailable to us. The most likely source of future
     funds is through the sale of equity capital. Any sale of share capital will
     result in dilution to existing shareholders. We may be unable to obtain any
     such funds, or to obtain such funds on terms that we consider economically
     feasible.

IF ACCESS TO OUR MINERAL CLAIMS IS RESTRICTED BY INCLEMENT WEATHER, WE MAY BE
DELAYED IN OUR EXPLORATION AND ANY FUTURE MINING EFFORTS.

     It is possible that snow or rain could cause the roads providing access to
     our claims to become impassable. Snowfall in the area of the claims would
     typically be from the end of December to February. If the roads are
     impassable we would be delayed in our exploration timetable.

GOVERNMENT REGULATION OR OTHER LEGAL UNCERTAINTIES MAY INCREASE COSTS AND OUR
BUSINESS WILL BE NEGATIVELY AFFECTED.

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     Laws and regulations govern the exploration, development, mining,
     production, importing and exporting of minerals; taxes; labor standards;
     occupational health; waste disposal; protection of the environment; mine
     safety; toxic substances; and other matters. In many cases, licenses and
     permits are required to conduct mining operations. Amendments to current
     laws and regulations governing operations and activities of mining
     companies or more stringent implementation thereof could have a substantial
     adverse impact on the Company. Applicable laws and regulations will require
     the Company to make certain capital and operating expenditures to initiate
     new operations. Under certain circumstances, the Company may be required to
     stop its exploration activities once it is started until a particular
     problem is remedied or to undertake other remedial actions.

THE MINING INDUSTRY IS HIGHLY SPECULATIVE AND INVOLVES SUBSTANTIAL RISKS.

     The mining industry, from exploration, development and production is a
     speculative business, characterized by a number of significant risks
     including, among other things, unprofitable efforts resulting not only from
     the failure to discover mineral deposits but from finding mineral deposits
     which, though present, are insufficient in quantity and quality to return a
     profit from production. The marketability of minerals acquired or
     discovered may be affected by numerous factors which are beyond our control
     and which cannot be accurately predicted, such as market fluctuations, the
     proximity and capacity of milling facilities, mineral markets and
     processing equipment, and government regulations, including regulations
     relating to royalties, allowable production, importing and exporting of
     minerals, and environmental protection. The combination of such factors may
     result in our not receiving an adequate return on investment capital.

BECAUSE OUR CURRENT OFFICER AND DIRECTORS HAVE OTHER BUSINESS INTERESTS, THEY
MAY NOT BE ABLE OR WILLING TO DEVOTE A SUFFICIENT AMOUNT OF TIME TO OUR BUSINESS
OPERATIONS, CAUSING OUR BUSINESS TO FAIL.

     Mr. Michael Noble, our sole officer and a director of the company,
     currently devotes approximately 5-7 hours per week providing management
     services to us. Mr. Christian Jean Prieur, a director of the company,
     devotes approximately 1-2 hours per week to our business. While our
     executive officer and directors presently possesses adequate time to attend
     to our interests, it is possible that the demands on them from their other
     obligations could increase, with the result that they would no longer be
     able to devote sufficient time to the management of our business. This
     could negatively impact our business development.

ITEM 2. PROPERTIES

We do not currently own any property. We lease shared office facilities at 8290
W. Sahara Avenue, Suite 160, Las Vegas, NV 89117 and currently pay approximately
$65 per month. The facilities include answering services, fax services,
secretarial services, reception area and shared office and boardroom meeting
facilities which are all available on a pay per use basis. Management believes
the current premises are sufficient for its needs at this time.

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We currently have no investment policies as they pertain to real estate, real
estate interests or real estate mortgages.

ITEM 3. LEGAL PROCEEDINGS

We are not currently involved in any legal proceedings and we are not aware of
any pending or potential legal actions.

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

There were no matters submitted to a vote of the security holders during the
year ended December 31, 2007.

                                     PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Our shares are quoted on the OTC Electronic Bulletin Board (OTCBB) under the
symbol "LCKY". The OTCBB is a regulated quotation service that displays
real-time quotes, last sale prices and volume information in over-the-counter
securities. The OTCBB is not an issuer listing service, market or exchange. To
be eligible for quotation on the OTCBB, issuers must remain current in their
filings with the Securities and Exchange Commission or applicable regulatory
authority. Market makers are not permitted to begin quotation of a security
whose issuer does not meet this filing requirement. Securities already quoted on
the OTCBB that become delinquent in their required filings will be removed
following a 30 or 60 day grace period if they do not make their required filing
during that time. There has been no active trading of our securities, and,
therefore, no high and low bid pricing. As of the date of this report Lucky
Strike Explorations had 28 shareholders of record. We have paid no cash
dividends and have no outstanding options.

PENNY STOCK RULES

The Securities and Exchange Commission has also adopted rules that regulate
broker-dealer practices in connection with transactions in penny stocks. Penny
stocks are generally equity securities with a price of less than $5.00 (other
than securities registered on certain national securities exchanges or quoted on
the Nasdaq system, provided that current price and volume information with
respect to transactions in such securities is provided by the exchange or
system).

A purchaser is purchasing penny stock which limits the ability to sell the
stock. Our shares constitute penny stock under the Securities and Exchange Act.
The shares will remain penny stocks for the foreseeable future. The
classification of penny stock makes it more difficult for a broker-dealer to
sell the stock into a secondary market, which makes it more difficult for a
purchaser to liquidate his/her investment. Any broker-dealer engaged by the
purchaser for the purpose of selling his or her shares in us will be subject to
Rules 15g-1 through 15g-10 of the Securities and Exchange Act. Rather than
creating a need to comply with those rules, some broker-dealers will refuse to
attempt to sell penny stock.

                                       15
<PAGE>
The penny stock rules require a broker-dealer, prior to a transaction in a penny
stock not otherwise exempt from those rules, to deliver a standardized risk
disclosure document, which:

     -    contains a description of the nature and level of risk in the market
          for penny stock in both public offerings and secondary trading;

     -    contains a description of the broker's or dealer's duties to the
          customer and of the rights and remedies available to the customer with
          respect to a violation of such duties or other requirements of the
          Securities Act of 1934, as amended;

     -    contains a brief, clear, narrative description of a dealer market,
          including "bid" and "ask" price for the penny stock and the
          significance of the spread between the bid and ask price;

     -    contains a toll-free telephone number for inquiries on disciplinary
          actions;

     -    defines significant terms in the disclosure document or in the conduct
          of trading penny stocks; and

     -    contains such other information and is in such form (including
          language, type, size and format) as the Securities and Exchange
          Commission shall require by rule or regulation;

The broker-dealer also must provide, prior to effecting any transaction in a
penny stock, to the customer:

     -    the bid and offer quotations for the penny stock;

     -    the compensation of the broker-dealer and its salesperson in the
          transaction;

     -    the number of shares to which such bid and ask prices apply, or other
          comparable information relating to the depth and liquidity of the
          market for such stock; and

     -    monthly account statements showing the market value of each penny
          stock held in the customer's account.

In addition, the penny stock rules require that prior to a transaction in a
penny stock not otherwise exempt from those rules; the broker-dealer must make a
special written determination that the penny stock is a suitable investment for
the purchaser and receive the purchaser's written acknowledgment of the receipt
of a risk disclosure statement, a written agreement to transactions involving
penny stocks, and a signed and dated copy of a written suitability statement.
These disclosure requirements will have the effect of reducing the trading
activity in the secondary market for our stock because it will be subject to
these penny stock rules. Therefore, stockholders may have difficulty selling
their securities.

                                       16
<PAGE>
REPORTS

We are subject to certain filing requirements and will furnish annual financial
reports to our stockholders, certified by our independent accountant, and will
furnish un-audited quarterly financial reports in our quarterly reports filed
electronically with the Securities and Exchange Commission. All reports and
information filed by us can be found at their website, www.sec.gov.

TRANSFER AGENT

The company has retained Holladay Stock Transfer, Inc. of 2939 North 67th Place,
Suite C, Scottsdale, Arizona as transfer agent.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

RESULTS OF OPERATIONS

We are still in our exploration stage and have not generated any revenue.

We incurred operating expenses of $19,365 and $590 for the years ended December
31, 2007 and 2006, respectively. These expenses consisted of general operating
expenses incurred in connection with the day to day operation of our business
and the preparation and filing of our registration statement and periodic
reports. Our net loss from inception (December 15, 2006) through December 31,
2007 was $20,225.

Our auditors expressed their doubt about our ability to continue as a going
concern unless we are able to raise additional capital and ultimately to
generate profitable operations.

LIQUIDITY AND CAPITAL RESOURCES

Our cash in the bank at December 31, 2007 was $49,025 with no outstanding
liabilities. We have sold $74,000 in equity securities since inception, $14,000
from the sale of 2,800,000 shares of stock to our officer and director and
$60,000 from the sale of 3,000,000 shares registered pursuant to our SB-2
Registration Statement which became effective on March 12, 2007.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

BUSINESS OPERATIONS OVERVIEW

Through December 31, 2007 we had sold $74,000 in equity securities to pay for
our business operations. On April 5, 2007, we closed our offering pursuant to a
SB-2 Registration Statement filed with the U.S. Securities and Exchange
Commission, which became effective on March 12, 2007. We sold 3,000,000 shares
of common stock to 27 unaffiliated shareholders at $.02 per share for total
proceeds of $60,000.

                                       17
<PAGE>
Our plan of operation for the twelve months following funding is to complete the
three phases of the exploration program. We have paid a $4,750 deposit to the
geologist to commence Phase 1 of the exploration program. In addition to the
remaining $45,250 we anticipate spending for the exploration program as outlined
below, we anticipate spending an additional $5,000 on professional fees,
including fees payable in connection with compliance with reporting obligations
and general administrative costs. Total expenditures over the next 12 months are
therefore expected to be approximately $50,000.

The following work program has been recommended by the consulting geologist who
prepared the geology report.

PHASE 1

Detailed prospecting, mapping and soil geochemistry.
The estimated cost for this program is all inclusive                     $ 9,500

PHASE 2

Magnetometer and VLF electromagnetic, grid controlled
surveys over the areas of interest determined by the
Phase 1 survey. Included in this estimated cost is
transportation, accommodation, board, grid installation,
two geophysical surveys, maps and report                                  10,500

PHASE 3

Induced polarization survey over grid controlled anomalous
area of interest outlined by Phase 1&2 fieldwork. Hoe or
bulldozer trenching, mapping and sampling of bedrock
anomalies. Includes assays, detailed maps and reports                     30,000
                                                                         -------

                                               Total                     $50,000
                                                                         =======

Each phase following phase 1 is contingent upon favorable results from the
previous phase.

The consulting geologist was paid a deposit of $4,750 to commence Phase 1 of the
exploration program on the claims. He has completed the field work and received
the results from the assay lab and is currently preparing his report and
recommendations.

The above program costs are management's estimates based upon the
recommendations of the professional consulting geologist's report and the actual
project costs may exceed our estimates.

Following phase one of the exploration program, if it proves successful in
identifying mineral deposits, we intend to proceed with phase two of our
exploration program. The estimated cost of this program is $10,500 and will take
approximately 10 days to complete and an additional one to two months for the

                                       18
<PAGE>
consulting geologist to receive the results from the assay lab and prepare his
report.

Following phase two of the exploration program, if it proves successful, we
intend to proceed with phase three of our exploration program. The estimated
cost of this program is $30,000 and will take approximately 20 days to complete
and an additional one to two months for the consulting geologist to receive the
results from the assay lab and prepare his report.

We anticipate commencing the second phase of our exploration program in spring
2008 and phase 3 in summer 2008. We have a verbal agreement with James McLeod,
the consulting geologist who prepared the geology report on our claims, to
retain his services for our exploration program. We cannot provide investors
with any assurance that we will be able to raise sufficient funds to proceed
with any work after the exploration program if we find mineralization.

                                       19
<PAGE>
ITEM 8. FINANCIAL STATEMENTS

                         LUCKY STRIKE EXPLORATIONS, INC.

                                      INDEX

Report of Independent Registered Public Accounting Firm                      21

Financial Statements:

     Balance Sheet - December 31, 2007 and 2006                              22

     Statement of Operations - December 31, 2007 and 2006                    23

     Statement of Stockholders' Equity - December 31, 2007 and 2006          24

     Statement of Cash Flows - December 31, 2007 and 2006                    25

Notes to Financial Statements                                                26


                                       20
<PAGE>
                               GEORGE STEWART, CPA
                     2301 SOUTH JACKSON STREET, SUITE 101-G
                            SEATTLE, WASHINGTON 98144
                        (206) 328-8554 FAX(206) 328-0383


             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors
Lucky Strike Explorations, Inc.

I have audited the accompanying balance sheet of Lucky Strike Explorations, Inc.
(An Exploration Stage Company) as of December 31, 2007 and 2006, and the related
statement of operations,  stockholders' equity and cash flows for the years then
ended and the period from December 15, 2006  (inception),  to December 31, 2007.
These financial  statements are the responsibility of the Company's  management.
My responsibility  is to express an opinion on these financial  statements based
on my audit.

I conducted my audit in  accordance  with the  standards  of the Public  Company
Accounting Oversight Board (United States).  Those standards require that I plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis,  evidence  supporting  the amounts and  disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made by  management,  as well as evaluating  the overall
financial statement presentation.  I believe that my audit provides a reasonable
basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in all
material respects, the financial position of Lucky Strike Explorations, Inc. (An
Exploration  Stage Company) as of December 31, 2007 and 2006, and the results of
its  operations  and cash flows for the years then ended and from  December  15,
2006  (inception) to December 31, 2007, in conformity  with  generally  accepted
accounting principles in the United States of America.

The accompanying  financial  statements have been prepared  assuming the Company
will  continue as a going  concern.  As  discussed  in Note #3 to the  financial
statements,  the Company has had no operations and has no established  source of
revenue.  This raises substantial doubt about its ability to continue as a going
concern.  Management's plan in regard to these matters is also described in Note
# 3. The financial  statements do not include any adjustments  that might result
from the outcome of this uncertainty.


/s/ George Stewart, CPA
-------------------------------
Seattle, Washington
March 6, 2008

                                       21
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                                  Balance Sheet
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                           As of              As of
                                                                         December 31,       December 31,
                                                                            2007               2006
                                                                          --------           --------
<S>                                                                       <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                                    $ 49,025           $ 10,000
  Deposit                                                                    4,750                 --
                                                                          --------           --------
TOTAL CURRENT ASSETS                                                        53,775             10,000
                                                                          --------           --------

      TOTAL ASSETS                                                        $ 53,775           $ 10,000
                                                                          ========           ========

                       LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts Payable                                                        $     --           $    590
                                                                          --------           --------
TOTAL CURRENT LIABILITIES                                                       --                590
                                                                          --------           --------

      TOTAL LIABILITIES                                                         --                590
                                                                          --------           --------

STOCKHOLDERS' EQUITY
  Common stock, ($0.001 par value, 75,000,000 shares authorized;
   5,800,000 and 2,000,000 shares issued and outstanding
   as of December 31, 2007 and December 31, 2006, respectively               5,800              2,000
  Additional paid-in capital                                                68,200              8,000
  Deficit accumulated during exploration stage                             (20,225)              (590)
                                                                          --------           --------
TOTAL STOCKHOLDERS' EQUITY                                                  53,775              9,410
                                                                          --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                            $ 53,775           $ 10,000
                                                                          ========           ========
</TABLE>


                       See Notes to Financial Statements

                                       22
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                             Statement of Operations
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                    December 15, 2006
                                                                                       (inception)
                                             Year Ended           Year Ended             through
                                             December 31,         December 31,         December 31,
                                                2007                 2006                 2007
                                             ----------           ----------           ----------
<S>                                          <C>                  <C>                  <C>
REVENUES
  Revenues                                   $       --           $       --           $       --
                                             ----------           ----------           ----------
TOTAL REVENUES                                       --                   --                   --

OPERATING COSTS
  General & Administrative Expenses              12,235                  590               12,825
  Professional Fees                               7,400                   --                7,400
                                             ----------           ----------           ----------
TOTAL OPERATING COSTS                            19,635                  590               20,225
                                             ----------           ----------           ----------

NET INCOME (LOSS)                            $  (19,635)          $     (590)          $  (20,225)
                                             ==========           ==========           ==========

BASIC EARNING (LOSS) PER SHARE               $     0.00           $     0.00
                                             ==========           ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                    4,911,233            2,000,000
                                             ==========           ==========
</TABLE>


                       See Notes to Financial Statements

                                       23
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                  Statement of Changes in Stockholders' Equity
          From December 15, 2006 (Inception) through December 31, 2007
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                              Deficit
                                                                                             Accumulated
                                                                 Common        Additional      During
                                                  Common         Stock          Paid-in      Exploration
                                                  Stock          Amount         Capital        Stage           Total
                                                  -----          ------         -------        -----           -----
<S>                                              <C>           <C>           <C>             <C>             <C>
BALANCE, DECEMBER 15, 2006                              --       $    --       $     --      $      --       $      --

Stock issued for cash on December 15, 2006
 @ $0.005 per share                              2,000,000         2,000          8,000                         10,000

Net loss,  December 31, 2006                                                                      (590)           (590)
                                                ----------       -------       --------      ---------       ---------
BALANCE, DECEMBER 31, 2006                       2,000,000       $ 2,000       $  8,000      $    (590)      $   9,410
                                                ==========       =======       ========      =========       =========
Stock issued for cash on February 23, 2007
 @ $0.005 per share                                800,000           800          3,200                          4,000

Stock issued for cash on April 5, 2007
 @ $0.02 per share                               3,000,000         3,000         57,000                         60,000

Net loss,  December 31, 2007                                                                   (19,635)        (19,635)
                                                ----------       -------       --------      ---------       ---------
BALANCE, DECEMBER 31, 2007                       5,800,000       $ 5,800       $ 68,200      $ (20,225)      $  53,775
                                                ==========       =======       ========      =========       =========
</TABLE>


                       See Notes to Financial Statements

                                       24
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                             Statement of Cash Flows
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                         December 15, 2006
                                                                                                           (inception)
                                                                      Year Ended         Year Ended          through
                                                                      December 31,       December 31,       December 31,
                                                                         2007               2006               2007
                                                                       --------           --------           --------
<S>                                                                    <C>                <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                                    $(19,635)          $   (590)          $(20,225)
  Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:

  Changes in operating assets and liabilities:
    Increase (Decrease) in Accounts Payable                                (590)               590                 --
    (Increase) Decrease in Deposit                                       (4,750)                --             (4,750)
                                                                       --------           --------           --------
          NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES           (24,975)                --            (24,975)

CASH FLOWS FROM INVESTING ACTIVITIES

          NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES                --                 --                 --

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of common stock                                                3,800              2,000              5,800
  Additional paid-in capital                                             60,200              8,000             68,200
                                                                       --------           --------           --------
          NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES            64,000             10,000             74,000
                                                                       --------           --------           --------

NET INCREASE (DECREASE) IN CASH                                          39,025             10,000             49,025

CASH AT BEGINNING OF PERIOD                                              10,000                 --                 --
                                                                       --------           --------           --------
CASH AT END OF YEAR                                                    $ 49,025           $ 10,000           $ 49,025
                                                                       ========           ========           ========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Cash paid during year for:
  Interest                                                             $     --           $     --           $     --
                                                                       ========           ========           ========
  Income Taxes                                                         $     --           $     --           $     --
                                                                       ========           ========           ========
</TABLE>


                       See Notes to Financial Statements

                                       25
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                December 31, 2007


NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

Lucky Strike  Explorations Inc. (the Company) was incorporated under the laws of
the State of Nevada on December  15,  2006.  The Company was formed to engage in
the acquisition, exploration and development of natural resource properties.

The  Company  is in the  exploration  stage.  Its  activities  to date have been
limited to capital formation, organization and development of its business plan.
The Company has commenced limited exploration work.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF ACCOUNTING

The Company's  financial  statements  are prepared  using the accrual  method of
accounting. The Company has elected a December 31, year-end.

BASIC EARNINGS (LOSS) PER SHARE

In February  1997,  the FASB issued SFAS No. 128,  "Earnings  Per Share",  which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities  with  publicly  held common  stock.  SFAS No. 128
supersedes the provisions of APB No. 15, and requires the  presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted the  provisions  of SFAS No. 128  effective  December  15, 2006 (date of
inception).

Basic net  earnings  (loss) per share  amounts is computed  by dividing  the net
earnings  (loss) by the weighted  average  number of common shares  outstanding.
Diluted  earnings  (loss)  per share are the same as basic  earnings  (loss) per
share due to the lack of dilutive items in the Company.

CASH EQUIVALENTS

The Company considers all highly liquid  investments  purchased with an original
maturity of three months or less to be cash equivalents.

USE OF ESTIMATES AND ASSUMPTIONS

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent  assets and  liabilities at the date of the financial  statements and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates. In accordance with FASB 16 all
adjustments are normal and recurring.

                                       26
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                December 31, 2007


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

INCOME TAXES

Income taxes are provided in accordance  with Statement of Financial  Accounting
Standards  No. 109 (SFAS 109),  "Accounting  for Income  Taxes".  A deferred tax
asset or liability is recorded for all temporary  differences  between financial
and tax  reporting and net operating  loss  carryforwards.  Deferred tax expense
(benefit) results from the net change during the year of deferred tax assets and
liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management,  it is more likely than not that some portion of all of the deferred
tax assets will be realized.  Deferred tax assets and  liabilities  are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

RECENT ACCOUNTING PRONOUNCEMENTS

In December  2004,  the FASB issued SFAS No. 123  (revised  2004),  "Share-Based
Payment."  SFAS  No.  123R  replaced  SFAS  No.  123 and  superseded  Accounting
Principles Board Opinion No. 25. SFAS No. 123R will require  compensation  costs
related to share-based  payment  transactions  to be recognized in the financial
statements.  The effective date of SFAS No. 123R is the first  reporting  period
beginning  after  December 15, 2005. The adoption of SFAS No. 123 (revised 2004)
should not have a  significant  impact on the  Company's  financial  position or
results of operations until such time the Company has share-based payments.  The
Company will adopt the provisions of SFAS No. 123R at that time.

In  December  2004,  the FASB issued SFAS No.  153,  "Exchanges  OF  Nonmonetary
Assets,  an Amendment of APB Opinion No. 29" ("SFAS No.  153").  SFAS No. 153 is
based on the principle that  exchanges of nonmonetary  assets should be measured
based on the fair value of the assets exchanged. APB Opinion No. 29, "Accounting
for Nonmonetary  Transactions,"  provided an exception to its basic  measurement
principle  (fair value) for exchanges of similar  productive  assets.  Under APB
Opinion No. 29, an exchange of a productive asset for a similar productive asset
was  based on the  recorded  amount  of the  asset  relinquished.  SFAS No.  153
eliminates  this  exception  and  replaces it with an  exception of exchanges of
nonmonetary  assets that do not have commercial  substance.  SFAS No. 153 became
effective  for our  Company  as of July 1,  2005.  The  Company  will  apply the
requirements of SFAS No. 153 on any future nonmonetary exchange transactions.

In March 2005,  the FASB issued FASB  Interpretation  ("FIN") No. 47 "Accounting
For  Conditional  Asset  Retirement   Obligations--An   Interpretation  Of  FASB
Statement No. 143" ("FIN No. 47").  FIN No. 47 clarifies the timing of liability
recognition for legal  obligations  associated with the retirement of a tangible
long-lived  asset when the timing and/or method of settlement are conditional on
a future event.  FIN No. 47 is effective for us no later than December 31, 2005.
We do not expect that the adoption of FIN No. 47 will have a material  impact on
our financial condition or results of operations.

                                       27
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                December 31, 2007


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

FIN No. 47 is effective  for the Company no later than  December  31, 2005.  The
Company  does not expect  that the  adoption  of FIN No. 47 will have a material
impact on its financial condition or results of operations.

In May  2005,  the FASB  issued  SFAS No.  154,  "Accounting  Changes  And Error
Corrections,  A Replacement  Of APB No. 20 And FASB  Statement No. 3" ("SFAS No.
154").  SFAS No.  154  requires  retrospective  application  to  prior  periods'
financial  statements of a voluntary change in accounting principle unless it is
impracticable. APB Opinion No. 20 "Accounting Changes," previously required that
most voluntary changes in accounting principle be recognized by including in net
income of the period of the change the cumulative  effect of changing to the new
accounting principle.  This statement is effective for our Company as of January
1, 2006.  The Company  does not believe  that the  adoption of SFAS No. 154 will
have a material impact on our financial statements.

This  statement is effective for the Company as of January 1, 2006.  The Company
does not believe that the  adoption of SFAS No. 154 will have a material  impact
on its financial statements.

NOTE 3. GOING CONCERN

The  accompanying  financial  statements are presented on a going concern basis.
The Company had no operations  during the period from December 15, 2006 (date of
inception)  to  December  31, 2007 and  generated  a net loss of  $20,225.  This
condition raises  substantial doubt about the Company's ability to continue as a
going concern. Because the Company is currently in the exploration stage and has
minimal  expenses,  management  believes  that the  company's  current  cash and
prepaid  deposits of $53,775 is sufficient to cover the expenses they will incur
during the next  twelve  months in a limited  operations  scenario or until they
raise additional funding.

NOTE 4. WARRANTS AND OPTIONS

There are no warrants or options outstanding to acquire any additional shares of
common.

NOTE 5. RELATED PARTY TRANSACTIONS

The officers and directors of the Company may, in the future, become involved in
other business opportunities as they become available,  they may face a conflict
in selecting  between the Company and their other  business  opportunities.  The
Company has not formulated a policy for the resolution of such conflicts.

                                       28
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                December 31, 2007


NOTE 6. INCOME TAXES

                                                         As of December 31, 2007
                                                         -----------------------
     Deferred tax assets:
     Net operating tax carryforwards                           $ 20,225
     Tax rate                                                        34%
                                                               --------
     Gross deferred tax assets                                    6,877
     Valuation allowance                                         (6,877)
                                                               --------

     Net deferred tax assets                                   $      0
                                                               ========

Realization of deferred tax assets is dependent upon  sufficient  future taxable
income during the period that deductible temporary differences and carryforwards
are expected to be available to reduce  taxable  income.  As the  achievement of
required  future taxable income is uncertain,  the Company  recorded a valuation
allowance.

NOTE 7. NET OPERATING LOSSES

As of December 31, 2007,  the Company has a net operating loss  carryforward  of
approximately $20,225. Net operating loss carryforward expires twenty years from
the date the loss was incurred.

NOTE 8. STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair
value of the consideration received. Transactions with employees' stock issuance
are in accordance with paragraphs  (16-44) of SFAS 123. These issuances shall be
accounted for based on the fair value of the consideration  received or the fair
value  of  the  equity   instruments   issued,  or  whichever  is  more  readily
determinable.

On December 15, 2006, the Company  issued a total of 2,000,000  shares of common
stock to Michael Noble for cash in the amount of $0.005 per share for a total of
$10,000.

On February 23,  2007,  the Company  issued a total of 800,000  shares of common
stock to Michael Noble for cash in the amount of $0.005 per share for a total of
$4,000.

On April 5, 2007, the Company issued a total of 3,000,000 shares of common stock
from its registered  SB-2 offering to 27 shareholders at $.02 per share to raise
an aggregate amount of $60,000.

As of December 31, 2007 the Company had 5,800,000  shares of common stock issued
and outstanding.

                                       29
<PAGE>
                         LUCKY STRIKE EXPLORATIONS INC.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                December 31, 2007


NOTE 9. STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of December 31, 2007:

Common stock, $ 0.001 par value: 75,000,000 shares authorized;  5,800,000 shares
issued and outstanding.

                                       30
<PAGE>
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in Securities and Exchange Commission rules and forms relating to our
company, particularly during the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have not identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

                                    PART III

ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS

The officer and directors of Lucky Strike Explorations Inc., whose one year
terms will expire 12/31/08, or at such a time as their successor(s) shall be
elected and qualified are as follows:

Name & Address               Age   Position    Date First Elected  Term Expires
--------------               ---   --------    ------------------  ------------
Michael Noble                53    President,        12/15/06         12/31/08
8290 W. Sahara Avenue              Secretary,
Suite 160                          Treasurer,
Las Vegas, NV 89117                CFO, CEO &
                                   Director

Christian Jean Prieur        41    Director          12/15/06         12/31/08
Baan Sukhumvit 119/24
Sukhumvit Soi 36
Klong Toey, Bangkok 10110
Thailand

The foregoing persons are promoters of Lucky Strike Explorations Inc., as that
term is defined in the rules and regulations promulgated under the Securities
and Exchange Act of 1933.

                                       31
<PAGE>
Directors are elected to serve until the next annual meeting of stockholders and
until their successors have been elected and qualified. Officers are appointed
to serve until the meeting of the board of directors following the next annual
meeting of stockholders and until their successors have been elected and
qualified.

Mr. Noble currently devotes 5-7 hours per week to company matters, he intends to
devote as much time as the board of directors deems necessary to manage the
affairs of the company. Mr. Prieur currently devotes 1-2 hours per week to
company matters.

No executive officer or director of the corporation has been the subject of any
order, judgment, or decree of any court of competent jurisdiction, or any
regulatory agency permanently or temporarily enjoining, barring, suspending or
otherwise limiting him or her from acting as an investment advisor, underwriter,
broker or dealer in the securities industry, or as an affiliated person,
director or employee of an investment company, bank, savings and loan
association, or insurance company or from engaging in or continuing any conduct
or practice in connection with any such activity or in connection with the
purchase or sale of any securities.

No executive officer or director of the corporation has been convicted in any
criminal proceeding (excluding traffic violations) or is the subject of a
criminal proceeding which is currently pending.

RESUMES

MICHAEL NOBLE has been the President, Secretary, Treasurer and a Director of the
Company since inception. From September 2005 until present he has been a
financial consultant for Theravitae, a stem cell research company and Global
Satellite Broadcasting Corporation, Ltd., a flat screen advertising company.
From July 2002 until September 2005 he was also co-founder and director of
Zen-cool, a ginseng health drink company in Bangkok, Thailand. From April 2001
to January 2003 he was co-founder and director of Barclay Spencer International,
an insurance and investment firm in Bangkok, Thailand. From March 1995 to April
2001 he was a self-employed financial analyst in Manila, Philippines and
Bangkok, Thailand. From March 1985 to September 1994 he was an insurance and
financial consultant with Prudential Insurance in Calgary, Canada.

CHRISTIAN JEAN PRIEUR has been a Director of the Company since inception. He was
the General Manager of The Capitol Club, a private member health & leisure club,
located in Bangkok, Thailand from September 1996 to February 2002. From April
2002 to the present, Mr. Prieur has been the General Manager of Sports
Engineering and Recreation Asia (Seara) for Southern Thailand, based in Phuket,
Thailand. Seara is a trading company involved in the design and supply of
fitness and leisure facilities. In June 2004, Mr. Prieur became the Director of
his own company called Natural Health Concepts in Phuket, Thailand, where he has
since opened two specialty natural juice outlets in Phuket, Thailand.

Mr. Prieur earned a Bachelor of Science Degree in Physical Education (Commercial
& Corporate Fitness) from California Polytechnic State University San Luis
Obispo, in San Luis Obispo, California, USA in June 1990. Mr. Prieur also holds

                                       32
<PAGE>
a certificate from the same university as a Fitness Specialist, which was also
received in June 1990.

ITEM 11. EXECUTIVE COMPENSATION

                           SUMMARY COMPENSATION TABLE

<TABLE>
<CAPTION>
                                                                                 Change in
                                                                                  Pension
                                                                                 Value and
                                                                   Non-Equity   Nonqualified
                                                                   Incentive     Deferred       All
 Name and                                                            Plan         Compen-      Other
 Principal                                   Stock       Option     Compen-       sation       Compen-
 Position       Year   Salary     Bonus      Awards      Awards     sation       Earnings      sation     Totals
------------    ----   ------     -----      ------      ------     ------       --------      ------     ------
<S>             <C>       <C>       <C>          <C>        <C>        <C>           <C>         <C>        <C>
M. Noble        2007     0         0           0            0          0            0             0         0
CEO,            2006     0         0           0            0          0            0             0         0
President,
Director

CJ Prieur,      2007     0         0           0            0          0            0             0         0
Director        2006     0         0           0            0          0            0             0         0
</TABLE>

                  OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END

<TABLE>
<CAPTION>
                                      Option Awards                                             Stock Awards
          -----------------------------------------------------------------   ----------------------------------------------
                                                                                                                    Equity
                                                                                                                   Incentive
                                                                                                       Equity        Plan
                                                                                                      Incentive     Awards:
                                                                                                        Plan       Market or
                                                                                                       Awards:      Payout
                                          Equity                                                      Number of    Value of
                                         Incentive                            Number                  Unearned     Unearned
                                        Plan Awards;                            of         Market      Shares,      Shares,
           Number of      Number of      Number of                            Shares      Value of    Units or     Units or
          Securities     Securities     Securities                           or Units    Shares or     Other         Other
          Underlying     Underlying     Underlying                           of Stock     Units of     Rights       Rights
          Unexercised    Unexercised    Unexercised   Option      Option       That      Stock That     That         That
          Options (#)    Options (#)     Unearned     Exercise  Expiration   Have Not     Have Not    Have Not     Have Not
Name      Exercisable   Unexercisable   Options (#)    Price       Date      Vested(#)     Vested      Vested       Vested
----      -----------   -------------   -----------    -----       ----      ---------     ------      ------       ------
<S>            <C>            <C>            <C>         <C>         <C>         <C>          <C>         <C>         <C>
M Noble        0              0              0           0           0           0            0           0            0

CJ Prieur      0              0              0           0           0           0            0           0            0
</TABLE>

                                       33
<PAGE>
                              DIRECTOR COMPENSATION

<TABLE>
<CAPTION>
                                                                     Change in
                                                                      Pension
                                                                     Value and
                   Fees                            Non-Equity       Nonqualified
                  Earned                            Incentive        Deferred
                 Paid in      Stock     Option        Plan         Compensation     All Other
    Name           Cash      Awards     Awards     Compensation      Earnings      Compensation     Total
    ----           ----      ------     ------     ------------      --------      ------------     -----
<S>             <C>       <C>        <C>           <C>             <C>            <C>              <C>
M Noble              0         0           0            0                0               0            0

CJ Prieur            0         0           0            0                0               0            0
</TABLE>

There are no current employment agreements between the company and its executive
officer.

On December 16, 2006, a total of 2,000,000 shares of common stock were issued to
Mr. Noble in exchange for cash in the amount of $10,000, or $.005 per share. On
February 23, 2007 a total of 800,000 shares of common stock were issued to Mr.
Noble in exchange for cash in the amount of $4,000, or $.005 per share.

The terms of these stock issuances were as fair to the company, in the opinion
of the board of directors, as could have been made with an unaffiliated third
party.

Mr. Noble currently devotes approximately 5-7 hours per week to manage the
affairs of the company. Mr. Prieur currently devotes 1-2 hours per week to the
company. Mr. Noble has agreed to work with no remuneration until such time as
the company receives sufficient revenues necessary to provide management
salaries. At this time, we cannot accurately estimate when sufficient revenues
will occur to implement this compensation, or what the amount of the
compensation will be.

There are no annuity, pension or retirement benefits proposed to be paid to
officers, directors or employees in the event of retirement at normal retirement
date pursuant to any presently existing plan provided or contributed to by the
company or any of its subsidiaries, if any.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth information on the ownership of Lucky Strike
Explorations Inc. voting securities by officers, directors and major
shareholders as well as those who own beneficially more than five percent of our
common stock as of the date of this report:

          Name of                   No. of            Percentage
     Beneficial Owner(1)            Shares           of Ownership:
     -------------------            ------           -------------
     Michael Noble                  2,800,000             48%

     Christian Jean Prieur                  0              0%

     All Officers and
      Directors as a Group          2,800,000             48%

----------
(1)  Each of the persons named may be deemed to be a "parent" and "promoter" of
     the Company, within the meaning of such terms under the Securities Act of
     1933, as amended.

                                       34
<PAGE>
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

On December 16, 2006, a total of 2,000,000 shares of common stock were issued to
Mr. Noble in exchange for cash in the amount of $10,000, or $.005 per share. On
February 23, 2007 a total of 800,000 shares of common stock were issued to Mr.
Noble in exchange for cash in the amount of $4,000, or $.005 per share. All of
such shares are "restricted" securities, as that term is defined by the
Securities Act of 1933, as amended, and are held by an officer and director of
the Company.

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

The total fees charged to the company for audit services were $5,900 for
audit-related services were $Nil, for tax services were $Nil and for other
services were $Nil during the year ended December 31, 2007.

For the year ended December 31, 2006, the total fees charged to the company for
audit services were $Nil, for audit-related services were $Nil, for tax services
were $Nil and for other services were $Nil.

                                     PART IV

ITEM 15. EXHIBITS

The following exhibits are included with this filing:

     Exhibit
     Number                       Description
     ------                       -----------
     * 3(i)               Articles of Incorporation
     * 3(ii)              Bylaws
      31                  Sec. 302 Certification of CEO/CFO
      32                  Sec. 906 Certification of CEO/CFO

----------
*    Incorporated by reference to our Form SB-2 Registration Statement, filed
     under SEC File Number 333-140839


                                       35
<PAGE>
                                   SIGNATURES

In accordance with the requirements of the Securities Act of 1933, the
registrant certifies that it has reasonable grounds to believe it meets all of
the requirements for filing Form 10-K and authorized this registration statement
to be signed on its behalf by the undersigned, in the city of Las Vegas, state
of Nevada, on March 25, 2008.

                                        Lucky Strike Explorations Inc.


                                            /s/ Michael Noble
                                            --------------------------
                                        By: Michael Noble
                                            (Principal Executive Officer)

In accordance with the requirements of the Securities Act of 1933, this
registration statement was signed by the following person in the capacities and
date stated.


/s/ Michael Noble                                                 March 25, 2008
-------------------------------------                             --------------
Michael Noble, President & Director                                    Date
(Principal Executive Officer, Principal Financial Officer,
Principal Accounting Officer)


/s/ Christian Jean Prieur                                         March 25, 2008
-------------------------------------                             --------------
Christian Jean Prieur, Director                                        Date

                                       36