**UNITED      STATES **

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

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

|   |     For                the                quarter period ended                December 31, 2007 |
|--------|---------------------------------------------------------------------------------------------------------------------|

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

|   |     For                the                transition period form                  to                   |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                      |
|   |     Commission                File                number 333-134883                                              |

**MORTLOCK      VENTURES INC**

| Nevada                                                    | 98-0489800                             |
|-------------------------------------------------------------------------------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (IRS                Employer Identification No.) |

| 102                - 7281 Cambie Street, Vancouver, British Columbia, Canada, V3P                3H4 |
|------------------------------------------------------------------------------------------------------|
| (Address                of principal executive offices)                                              |

| 1-604-324-1955                                   |
|--------------------------------------------------|
| (Issuer’s                telephone number) |

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

**APPLICABLE      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY**

**PROCEEDINGS      DURING THE PROCEDING FIVE YEARS**

**APPLICABLE      ONLY TO CORPORATE ISSUERS**

----

**INDEX**

|                                                                  |                                                                                                                                                                                                                            | **Page****Number** |
|-----------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------|
| **PART                1.**                                            | FINANCIAL                INFORMATION                                                                                                                                                                                            |               |
|                                                                  |                                                                                                                                                                                                                            |               |
| **ITEM                1.**                                            | Financial                Statements (unaudited)                                                                                                                                                                                 | **3**              |
|                                                                  |                                                                                                                                                                                                                            |               |
|                                                                  | Balance                Sheet as at December 31, 2007 and June 30, 2007                                                                                                                                                          | **4**              |
|                                                                  |                                                                                                                                                                                                                            |               |
|                                                                  | Statement                of OperationsFor                the three and six months ended December 31, 2007 and 2006 and for                the                period September 19, 2006 (Date of Inception) to December 31, 2007 |  **5**        |
|                                                                  |                                                                                                                                                                                                                            |               |
|                                                                  | Statement                of Cash FlowsFor                the six months ended December 31, 2007 and 2006 and for the period                September 19, 2006 (Date of Inception) to December 31,                2007           |  **6**        |
|                                                                  |                                                                                                                                                                                                                            |               |
|                                                                  | Notes                to the Financial Statements.                                                                                                                                                                               | **7**              |
|                                                                  |                                                                                                                                                                                                                            |               |
| **ITEM                2.**                                            | Management’s                Discussion and Analysis or Plan of Operations                                                                                                                                                 | **11**             |
|                                                                  |                                                                                                                                                                                                                            |               |
| **                       ITEM 3.** | Controls                and Procedures                                                                                                                                                                                          | **14**             |
|                                                                  |                                                                                                                                                                                                                            |               |
| **PART                11.**                                           | OTHER                INFORMATION                                                                                                                                                                                                | **14**             |
|                                                                  |                                                                                                                                                                                                                            |               |
| **ITEM                1.**                                            | Legal                Proceedings                                                                                                                                                                                                | **14**             |
|                                                                  |                                                                                                                                                                                                                            |               |
| **ITEM                2.**                                            | Unregistered                Sales of Equity Securities and Use of Proceeds                                                                                                                                                      | **14**             |
|                                                                  |                                                                                                                                                                                                                            |               |
| **ITEM                3.**                                            | Defaults                Upon Senior Securities                                                                                                                                                                                  | **14**             |
|                                                                  |                                                                                                                                                                                                                            |               |
| **ITEM                4.**                                            | Submission                of Matters to a Vote of Security Holders                                                                                                                                                              | **14**             |
|                                                                  |                                                                                                                                                                                                                            |               |
| **ITEM                5.**                                            | Other                Information                                                                                                                                                                                                | **15**             |
|                                                                  |                                                                                                                                                                                                                            |               |
| **ITEM                6.**                                            | Exhibits                and Reports on Form 8-K                                                                                                                                                                                 | **15**             |
|                                                                  |                                                                                                                                                                                                                            |               |
|                                                                  | **SIGNATURES**.                                                                                                                                                                                                                 | **16**             |
|                                                                  |                                                                                                                                                                                                                            |               |

----

**PART      1 - FINANCIAL INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS**

----

**MORTLOCK      VENTURES INC. AND SUBSIDIARY**

**CONSOLIDATED      BALANCE SHEETS**

|                                                                | **December                31,****2007** | **June                30,****2007** |
|---------------------------------------------------------------------|-----------------------------------------|-------------------------------------|
|                                                                |                                    |                                |
| **ASSETS**                                                          |                                    |                                |
|                                                                |                                    |                                |
| **CURRENT                ASSETS**                                   |                                    |                                |
|                                                                |                                    |                                |
| Cash                                                                | **$                2,572**              | **$                8,068**          |
| Prepaid                expenses                                     | **1,479**                               | **1,300**                           |
|                                                                |                                    |                                |
| Total                Current Assets                                 | **$****4,051**                          | **$****9,368**                      |
|                                                                |                                    |                                |
| **LIABILITIES                AND STOCKHOLDERS’ DEFICIENCY**   |                                    |                                |
|                                                                |                                    |                                |
| **CURRENT                LIABILITIES**                              |                                    |                                |
|                                                                |                                    |                                |
| Accounts                payable                                     | **$                34,299**             | **$                15,399**         |
| Accounts                payable - related parties                   | **54,259**                              | **48,955**                          |
|                                                                |                                    |                                |
| Total                Current Liabilities                            | **88,558**                              | **64,354**                          |
|                                                                |                                    |                                |
| **STOCKHOLDERS’                DEFICIENCY**                   |                                    |                                |
|                                                                |                                    |                                |
| Common                stock                                         |                                    |                                |
| 200,000,000                shares authorized, at $0.001 par value;  |                                    |                                |
| 76,808,000                shares issued and outstanding             | **76,808**                              | **76,808**                          |
| Capital                in excess of par value                       | **(32,808)**                            | **(32,808)**                        |
| Deficit                accumulated during the pre-exploration stage | **(128,507)**                           | **(98,986)**                        |
|                                                                |                                    |                                |
| Total                Stockholders’ Deficiency                 | **(84,507)**                            | **(54,986)**                        |
|                                                                |                                    |                                |
|                                                                | **$****4,051**                          | **$****9,368**                      |

----

**MORTLOCK      VENTURES INC. AND SUBSIDIARY**

**CONSOLIDATED      STATEMENTS OF OPERATIONS**

|                                          | **Six****months                ended****December****31,****2007** | **Six****months****ended****December****31,****2006** | **Three                months****ended****December                31,****2007** | **Three                months****ended****December                31,****2006** | **From                inception****to****December                31,****2007** |
|-----------------------------------------------|-------------------------------------------------------------------|-------------------------------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------|--------------------------------------------------------------------------------|
|                                          |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
| **REVENUES**                                  | **$                _______****-**                                 | **$                ______****-**                      | **$****-**                                                                      | **$****-**                                                                      | **$****-**                                                                     |
|                                          |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
| **EXPENSES:**                                 |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
| Accounting                and audit           | **4,200**                                                         | **4,790**                                             | **2,100**                                                                       | **1,845**                                                                       | **24,295**                                                                     |
| Bank                charges                   | **70**                                                            | **340**                                               | **50**                                                                          | **(13)**                                                                        | **1,039**                                                                      |
| Consulting                                    | **-**                                                             | **-**                                                 | **-**                                                                           | **-**                                                                           | **13,000**                                                                     |
| Exploration                                   | **-**                                                             | **10,000**                                            | **-**                                                                           | **10,000**                                                                      | **13,489**                                                                     |
| Filing                fees                    | **-**                                                             | **175**                                               | **-**                                                                           | **-**                                                                           | **300**                                                                        |
| Incorporation                costs            | **-**                                                             | **-**                                                 | **-**                                                                           | **-**                                                                           | **811**                                                                        |
| Legal                                         | **16,821**                                                        | **6,435**                                             | **6,221**                                                                       | **1,530**                                                                       | **27,830**                                                                     |
| Management                fees                | **6,000**                                                         | **6,000**                                             | **3,000**                                                                       | **3,000**                                                                       | **26,000**                                                                     |
| Office                                        | **105**                                                           | **1,625**                                             | **39**                                                                          | **334**                                                                         | **3,917**                                                                      |
| Rent                                          | **1,800**                                                         | **1,800**                                             | **900**                                                                         | **900**                                                                         | **7,800**                                                                      |
| Transfer                agent’s fees    | **525**                                                           | **1,150**                                             | **-**                                                                           | **-**                                                                           | **2,475**                                                                      |
| Travel                and entertainment       | **-**                                                             | **3,709**                                             | **-**                                                                           | **-**                                                                           | **7,551**                                                                      |
|                                          |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
| **NET                LOSS FROM OPERATIONS**   | **$****(29,521)**                                                 | **$****(36,024)**** **                           | **$****(12,310)**                                                               | **$****(17,596)**                                                               | **$****(128,507)**                                                             |
|                                          |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
| **NET                LOSS PER COMMON SHARE**  |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
|                                          |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
| Basic                and diluted              | **$****0.00**                                                     | **$****0.00**                                         | **$****0.00**                                                                   | **$****0.00**                                                                   |                                                                           |
|                                          |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
| **AVERAGE                OUTSTANDING SHARES** |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
|                                          |                                                              |                                                  |                                                                            |                                                                            |                                                                           |
| Basic                                         | **76,808,000**                                                    | **76,808,000**                                        | **76,808,000**                                                                  | **76,808,000**                                                                  |                                                                           |

----

**MORTLOCK      VENTURES INC. AND SUBSIDIARY**

**CONSOLIDATED      STATEMENTS OF CASH FLOWS**

|                                                                                                                         | **Six                months****ended****December                31,****2007** | **From                Inception to****December                31,****2006** | **From                inception****to****December                31,****2007** |
|------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------|-----------------------------------------------------------------------------|--------------------------------------------------------------------------------|
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| **CASH                FLOWS FROM****OPERATING                ACTIVITIES:**                                                   |                                                                          |                                                                        |                                                                           |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| Net                loss                                                                                                      | **$                (29,521)**                                                 | **$                (36,024)**                                               | **$                (128,507)**                                                 |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| Adjustments                to reconcile net loss to net                cash provided by operating                activities: |                                                                          |                                                                        |                                                                           |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| Changes                in prepaid expenses                                                                                   | **(179)**                                                                     | **-**                                                                       | **(1,479)**                                                                    |
| Changes                in accounts payable                                                                                   | **18,900**                                                                    | **3,246**                                                                   | **34,299**                                                                     |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| Net                Cash Provided (Used) in Operations                                                                        | **(10,800)**                                                                  | **(32,778)**                                                                | **(95,687)**                                                                   |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| **CASH                FLOWS FROM****INVESTING                ACTIVITIES:**                                                   |                                                                          |                                                                        |                                                                           |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| Change                in account payable - related parties                                                                   | **5,304**                                                                     | **23,290**                                                                  | **54,259**                                                                     |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| **CASH                FLOWS FROM FINANCING****ACTIVITIES**                                                                   |                                                                          |                                                                        |                                                                           |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| Proceeds                from issuance of common stock                                                                        | **-**                                                                         | **-**                                                                       | **44,000**                                                                     |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| Net                (Decrease) increase in Cash                                                                               | **(5,496)**                                                                   | **(9,488)**                                                                 | **2,572**                                                                      |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| Cash                at Beginning of Period                                                                                   | **8,068**** **                                                           | **10,315**                                                                  | **-**                                                                          |
|                                                                                                                         |                                                                          |                                                                        |                                                                           |
| **CASH                AT END OF PERIOD**                                                                                     | **$****2,572**                                                                | **$****827**                                                                | **$****2,572**                                                                 |

----

**MORTLOCK      VENTURES INC. AND SUBSIDIARY**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

**1.**
**ORGANIZATION**

**2.**
**SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES**

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

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

----

**MORTLOCK      VENTURES INC. AND SUBSIDIARY**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

**2.**
**SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES - Continued**

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

----

**MORTLOCK      VENTURES INC. AND SUBSIDIARY**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

**2.**
**SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES - Continued**

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

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

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

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

**3.**
**AQUISITION      OF UNPROVEN MINERAL CLAIM**

|   | The                Company acquired a mineral claim, known as the Tic-Tac-Toe Group                of                claims, situated near Merit, British Columbia, with an expiration                date of                December 2, 2007. The claims expired on December 2, 2007 without                being                renewed by the Company. The Company has no further rights or obligations                under these claims. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**MORTLOCK      VENTURES INC. AND SUBSIDIARY**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

**4.**
**SIGNIFICANT      TRANSACTIONS WITH RELATED PARTY**

**5.**
**CAPITAL      STOCK**

**6.**
**GOING      CONCERN**

----

**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR **

**PLAN      OF OPERATIONS**

**LIQUIDITY      AND CAPITAL RESOURCES**

**RESULTS      OF OPERATIONS**

**Our      Mineral Property**

----

**RISK      FACTORS**

***Our      auditors have issued a going concern opinion and although our officers and      directors have agreed to loan money to us, we may not be able to achieve our      objectives since we do not have adequate capital and may have to suspend or      cease activity***
*.      *

***With      the expiry of the Tic Tac Toe claim, we do not have a mineral property or      another business venture we can build our Company on.***

***We      lack an operating history and have losses which we expect to continue into      the      future. As a result, we may have to suspend or cease exploration activity or      cease operations.***

|   | * | our                ability to locate a profitable mineral property other than the Tic                Tac Toe                which was abandoned on December 2, 2007 |
|--------|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | * | our                ability to locate an economic ore reserve on a new mineral property                or                from another business opportunity           |
|   | * | our                ability to generate revenues                                                                                                                     |
|   | * | our                ability to reduce future administration                costs.                                                                                    |

***Because      our officers and directors do not have technical training or experience in      starting, and operating an exploration company nor in managing a public company,      we will have to hire qualified personnel to fulfill these functions. If we      lack      funds to retain such personnel, or cannot locate qualified personnel, we may      have to suspend or cease operations which will result in the loss of our      shareholders’ investment.***

----

***Because      our officers and directors have other outside business activities and may not      be      in a position to devote a majority of their time to our activity, our activity      may be sporadic which may result in periodic interruptions or suspensions of      our      business operations***

**Risks      Associated with Ownership of our Shares:**

***Our      officers and directors own a substantial amount of our common stock and will      have substantial influence over our operations.***

***We      anticipate the need to sell additional treasury share in the future meaning      that      there will be a dilution to our existing shareholders resulting in their      percentage ownership in the Company being reduced      accordingly.***

***Since      our securities are subject to penny stock rules, you may have difficulty      reselling your shares***
**.      **

**Forward      Looking Statements**

----

**ITEM      3.**
**CONTROLS      AND PROCEDURES**

**PART      11 - OTHER INFORMATION**

**ITEM      1.**
**LEGAL      PROCEEDINGS**

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

**ITEM      3.**
**DEFAULTS      UPON SENIOR SECURITIES**

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

----

**ITEM      5.**
**OTHER      INFORMATION**

**ITEM      6.**
**EXHIBITS      AND REPORTS ON FORM 8-K**

**Exhibits**

| 3      |   | Corporate                Charter (incorporated by reference from Mortlock’s Registration Statement                on Form SB-2 filed on June 9, 2006, Registration No.                333-134883)                                                     |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                        |
|   |   | 3                (i) Articles                of Incorporation (incorporated by reference from Mortlock’s  Registration                Statement on Form SB-2 filed on June 9, 2006, Registration  No.                 333-134883) |
|   |   |                                                                                                                                                                                                                                                        |
|   |   | 3                (ii) By-laws                (incorporated by reference from Mortlock’s Registration Statement                 on                Form SB-2 filed on June 9, 2006, Registration No.                333-134883)               |
|   |   |                                                                                                                                                                                                                                                        |
| 4      |   | Stock                Specimen (incorporated by reference from Mortlock’s Registration Statement                on Form SB-2 filed on June 9, 2006, Registration No.                333-134883)                                                        |
|   |   |                                                                                                                                                                                                                                                        |
| 10.1   |   | Transfer                Agent and Registrar Agreement (incorporated by reference from Mortlock’s                Registration Statement on Form SB-2 filed on June 9, 2006 Registration                No.                333-134883)                  |

----

**SIGNATURES**

|                                        | **MORTLOCK                VENTURES INC.**                                                              |
|---------------------------------------------|--------------------------------------------------------------------------------------------------------|
|                                        | (Registrant)                                                                                           |
|                                        |                                                                                                   |
|                                        |                                                                                                   |
| Date:                 January 15, 2008 | MICHAEL                LAIDLAW                                                                         |
|                                        | Chief                Executive Officer, President and Director                                         |
|                                        |                                                                                                   |
| Date:                 January 15, 2008 | WILLIAM                TIMMINS                                                                         |
|                                        | Chief                Financial Officer, Chief AccountingOfficer,                Secretary and Director |
|                                        |                                                                                                   |

----