UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



Amendment No. 2 to
FORM
10-Q



(Mark One)



|S | QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ---------------------------------------------------------------------------------
|  |                                                                                  
|  | For the quarterly period ended May 31, 2012                                      







|£ | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
|- | ---------------------------------------------------------------
|  |                                                                
|  | For the transition period from  to                             







Commission File No. 00-52720



FOCUS GOLD CORPORATION

(Exact Name of Small Business Issuer as Specified
in Its Charter)



|                                                                       |                                             
|---------------------------------------------------------------------- | --------------------------------------------
|Nevada                                                                 | 26-4205169                                  
|(State or Other Jurisdiction of
        Incorporation or Organization) | (I.R.S. Employer
        Identification No.)



|                                           |                            
|------------------------------------------ | ---------------------------
|388 Spadina Road, Toronto Ontario  M5P 2V9 | (647) 348-4300             
|(Address of Principal Executive Offices)   | (Issuer’s Telephone Number)



(Former Name or former address, if changed since
last report.)



Check whether the issuer (1) filed all reports required to
be filed by Section 13 or 15(d) of the Exchange Act during the past 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
S    No £



Indicate by check mark whether the registrant has submitted electronically
and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule
405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant
was required to submit and post such files).    Yes S    No £



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.



|Large accelerated filer |  | £ |  | Accelerated filer         |  | £
|----------------------- |  | - |  | ------------------------- |  | -
|                        |  |   | 
|Non-accelerated filer   |  | £ |  | Smaller reporting company |  | S



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



APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS

DURING THE PRECEDING FIVE YEARS:



Indicate by check mark whether the registrant has filed all documents
and reports required to be filed by Sections 12, 13, or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution
of securities under a plan confirmed by a court.    Yes £    No £



The number of shares outstanding of the Issuer’s Common Stock
as of August 24, 2012 was 114,850,249.






















EXPLANATORY NOTE



This Amendment No.2 to Focus Gold
Corporation’s Quarterly Report on Form 10-Q for the quarter ended May 31, 2012, is being filed solely to correct a typo
on the Cover Page to indicate that the Registrant is NOT a shell company. This Amendment does not amend, update or change the
financial statement or any other disclosures in the Form 10-Q and does not reflect events occurring after the initial
filing.



















SIGNATURES



Pursuant to the
requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



|                       | Focus Gold Corporation
|---------------------- | ----------------------
|                       |                       
|Dated: August 31, 2012 | By:                   
|                       |                       
|                       |                       
|                       |