U.S. SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                FORM 10-QSB


                Quarterly Report under Section 12(b) or 12(g) of
                           The Securities Act of 1934

                      For the Period ended October 31, 2006
                        Commission File Number 333-134549



                             ARBUTUS RESOURCES, INC.
                 ----------------------------------------------
                 (Name of small business issuer in its charter)

           Nevada                                          N/A
  ------------------------                        --------------------
  (State of incorporation)                        (Employer ID Number)


                              #4 3798 Laurel Street
                    Burnaby, British Columbia, Canada V5G 1M7
                                 (250) 729-6731
          -------------------------------------------------------------
          (Address and telephone number of principal executive offices)


Check 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              No    X
                       ------         -------


Check whether the registrant is a shell company (as defined in Rule 12b-2 of the
Exchange Act).

                  Yes     X        No
                       -------        -------

There were 8,780,000 shares of Common Stock outstanding as of October 31, 2006.

<page>



                             ARBUTUS RESOURCES INC.

                         (An Exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                                OCTOBER 31, 2006

                                   (Unaudited)



BALANCE SHEET

INTERIM STATEMENT OF OPERATIONS

STATEMENT OF STOCKHOLDERS' EQUITY

INTERIM STATEMENT OF CASH FLOWS

NOTES TO THE INTERIM FINANCIAL STATEMENTS


<page>

                             ARBUTUS RESOURCES INC.
                         (An Exploration Stage Company)
                                 BALANCE SHEETS


<table>
<caption>
============================================================================================================================

                                                                                                Unaudited        Audited
                                                                                              --------------- --------------
                                                                                               October 31,     January 31,
                                                                                                   2006           2006
                                                                                                  - $ -           - $ -
                                                                                              --------------- --------------

                                                                                           <c>             <c>
ASSETS

Current assets
Cash                                                                                                  32,895         50,125
----------------------------------------------------------------------------------------------------------------------------

                                                                                                      32,895         50,125
============================================================================================================================


LIABILITIES

Current liabilities
Accounts payable and accrued liabilities                                                                   -          5,000
                                                                                              --------------- --------------

STOCKHOLDERS' EQUITY

Common stock (Note 4)
   Authorized:
   75,000,000 common shares with a par value of $0.001
   Issued and outstanding:
   8,780,000 common shares (January 31, 2006: 8,780,000)                                               8,780          8,780
Additional paid in capital                                                                            65,620         65,620
Deficit accumulated during the exploration stage                                                    (41,505)       (29,275)
                                                                                              --------------- --------------

                                                                                                      32,895         45,125
----------------------------------------------------------------------------------------------------------------------------
                                                                                                      32,895         50,125
============================================================================================================================
</table>

Nature and continuance of operations (Note 1)


                           - See Accompanying Notes -
<page>


                             ARBUTUS RESOURCES INC.
                         (An Exploration Stage Company)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)

<table>
<caption>
----------------------------------------------------------------------------------------------------------------------------
                                             Three months   Three months    Nine months                    Cumulative from
                                                 ended          ended          ended       Nine months     April 19, 2004
                                              October 31,    October 31,    October 31,   ended October    (Inception) to
                                                 2006           2005           2006          31, 2005     October 31, 2006
                                                 - $ -           -$-           - $ -           -$-              - $ -
                                             -------------- -------------- -------------- --------------- ------------------

                                          <c>            <c>            <c>            <c>             <c>
Expenses

General and administrative                           8,601             28         12,230              48             17,305

Mineral property costs (Note 3)                          -              -              -               -             24,200
-------------------------------------------- -------------- -------------- -------------- --------------- ------------------

Net loss                                           (8,601)           (28)       (12,230)            (48)           (41,505)
-------------------------------------------- -------------- -------------- -------------- --------------- ------------------

Basic and diluted loss per share                    (0.00)         (0.00)         (0.00)          (0.00)
-------------------------------------------- -------------- -------------- -------------- ---------------

Weighted average number of common shares
outstanding                                      8,780,000      8,525,000      8,780,000       3,726,000
============================================ ============================= ============== ===============
</table>


                           - See Accompanying Notes -

<page>

                             ARBUTUS RESOURCES INC.
                         (An Exploration Stage Company)
                        STATEMENT OF STOCKHOLDERS' EQUITY
          For the period April 19, 2004 (Inception) to October 31, 2006
                                   (Unaudited)


<table>
<caption>
---------------------------------------------------------------------------------------------------------------------------------
                                                                                                    Deficit
                                                                                                  Accumulated
                                                                                Additional         During the
                                                   Common Shares                 Paid in          Exploration
                                           -------------------------------
                                              Number          Par Value          Capital             Stage            Total
                                           --------------    -------------    ---------------   -----------------  ------------

                                        <c>               <c>              <c>               <c>                <c>
Balance April 19, 2004                                 -   $            -   $              -  $                - $           -
---------------------------------------------------------------------------------------------------------------------------------

Balance, January 31, 2005                              -                -                  -                   -             -

Capital stock issued for cash:
- July 2005 at $0.001 per share                7,400,000            7,400                  -                   -         7,400
- July 2005 at $0.01 per share                 1,100,000            1,100              9,900                   -        11,000
- August 2005 at $0.20 per share                  30,000               30              5,970                   -         6,000
- December 2005 at $0.20 per share               250,000              250             49,750                   -        50,000
Net loss                                               -                -                  -            (29,275)      (29,275)
---------------------------------------------------------------------------------------------------------------------------------

Balance, January 31, 2006 (Audited)            8,780,000            8,780             65,620            (29,275)        45,125

Net loss                                               -                -                  -            (12,230)      (12,230)
---------------------------------------------------------------------------------------------------------------------------------

Balance, October 31, 2006 (Unaudited)          8,780,000   $        8,780   $         65,620  $         (41,505) $      32,895
=================================================================================================================================
</table>



                           - See Accompanying Notes -

<page>


                             ARBUTUS RESOURCES INC.
                         (An Exploration Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<table>
<caption>
-------------------------------------------------------------------------------------------------------------------------------
                                                                                                              Cumulative from
                                                                                                               April 19, 2004
                                                                             Nine months       Nine months     (Inception) to
                                                                            ended October     ended October     October 31,
                                                                               31, 2006         31, 2005            2006
                                                                                - $ -             - $ -            - $ -
                                                                           ----------------- ---------------- -----------------

                                                                        <c>               <c>              <c>
CASH FLOWS FROM OPERATING ACTIVITIES

Net loss                                                                           (12,230)             (48)          (41,505)

Changes in non-cash working capital accounts                                        (5,000)                -                 -
-------------------------------------------------------------------------------------------------------------------------------

Net cash used in operations                                                        (17,230)             (48)          (41,505)
-------------------------------------------------------------------------------------------------------------------------------

CASH FLOWS FROM FINANCING ACTIVITIES

Shares issued for cash                                                                    -           24,400            74,400
-------------------------------------------------------------------------------------------------------------------------------

Net cash provided by financing activities                                                 -           24,400            74,400
-------------------------------------------------------------------------------------------------------------------------------

NET INCREASE (DECREASE) IN CASH                                                    (17,230)           24,352            32,895

CASH, BEGINNING                                                                      50,125                -                 -
-------------------------------------------------------------------------------------------------------------------------------

CASH, ENDING                                                                         32,895           24,352            32,895
===============================================================================================================================

Supplemental cash flow information:

         Cash paid for:

            -Interest                                                                     -                 -                -
===============================================================================================================================

            -Income taxes                                                                 -                 -                -
===============================================================================================================================
</table>


                           - See Accompanying Notes -

<page>

                             ARBUTUS RESOURCES INC.
                         (An Exploration Stage Company)
                        Notes To The Financial Statements
                                October 31, 2006
                                   (Unaudited)
--------------------------------------------------------------------------------

1.      NATURE AND CONTINUANCE OF OPERATIONS

        The  Company was  incorporated  in the State of Nevada on April 19, 2004
        and is in the exploration stage of its resource business.  Prior to July
        2005 the  Company  was  dormant,  had not  issued any shares and had not
        entered into any  transactions.  During the year ended  January 31, 2006
        the  Company  commenced  operations  by issuing  shares and  acquiring a
        mineral  property located in the Province of British  Columbia,  Canada.
        The  Company  has not yet  determined  whether  this  property  contains
        reserves that are economically recoverable.  The recoverability of costs
        incurred  for  acquisition  and  exploration  of the  property  will  be
        dependent  upon the  discovery  of  economically  recoverable  reserves,
        confirmation of the Company's interest in the underlying  property,  the
        ability of the  Company to obtain  necessary  financing  to satisfy  the
        expenditure  requirements  under the property  agreement and to complete
        the development of the property and upon future profitable production or
        proceeds for the sale thereof.


        The  accompanying  unaudited  interim  financial  statements  have  been
        prepared in accordance with generally accepted accounting principals for
        interim  financial  information and with the instructions to Form 10-QSB
        of  Regulation  S-B. They do not include all  information  and footnotes
        required by United States generally accepted  accounting  principles for
        complete  financial  statements.  However,  except as disclosed  herein,
        there have been no material changes in the information  disclosed in the
        notes to the  financial  statements  for the year ended January 31, 2006
        included in the Company's  Report on Form SB-2 filed with the Securities
        and Exchange  Commission.  The interim  unaudited  financial  statements
        should be read in conjunction with those financial  statements  included
        in the  Form  SB-2.  In  the  opinion  of  management,  all  adjustments
        considered  necessary  for a fair  presentation,  consisting  solely  of
        normal recurring adjustments,  have been made. Operating results for the
        nine months ended October 31, 2006 are not necessarily indicative of the
        results that may be expected for the year ending January 31, 2007.

2.      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

        Basis of Presentation

        The financial statements of the Company have been prepared in accordance
        with generally  accepted  accounting  principles in the United States of
        America and are presented in US dollars.

        Exploration Stage Company

        The Company  complies with the Financial  Accounting  Standards  Board
        Statement No. 7, its  characterization  of the Company as an exploration
        stage enterprise.

        Mineral Interests

        Mineral  property  exploration  and  development  costs are  expensed as
        incurred  until  such time as  economic  reserves  are  quantified.  The
        Company has  considered  the guidance under EITF 04-2 and has determined
        that   capitalization   of  mineral   property   acquisition   costs  is
        inappropriate  at the current  stage of the Company's  mineral  property
        exploration activities. To date, the Company's mineral interests consist
        mainly  of  exploration   stage   properties.   Furthermore,   there  is
        uncertainty  as to the Company's  ability to fund the  exploration  work
        necessary to determine if the properties  have  recoverable  reserves or
        any future economic benefits. As a result, acquisition costs to date are
        considered  to be impaired  and  accordingly,  have been  written off as
        mineral property expenditures.

        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 period. Actual results could differ from those estimates.


                             ARBUTUS RESOURCES INC.
                         (An Exploration Stage Company)
                        Notes To The Financial Statements
                                October 31, 2006
                                   (Unaudited)

--------------------------------------------------------------------------------

2.      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

        Foreign Currency Translation

        The financial  statements  are presented in United  States  dollars.  In
        accordance with SFAS No. 52,  "Foreign  Currency  Translation",  foreign
        denominated  monetary  assets and  liabilities are translated into their
        United States dollar  equivalents  using  foreign  exchange  rates which
        prevailed at the balance sheet date. Non monetary assets and liabilities
        are translated at the exchange rates prevailing on the transaction date.
        Revenue and expenses are translated at average rates of exchange  during
        the year. Gains or losses  resulting from foreign currency  transactions
        are included in results of operations.

        Fair Value of Financial Instruments

        The carrying value of cash and accounts payable and accrued  liabilities
        approximates  their fair value  because of the short  maturity  of these
        instruments.  Unless  otherwise  noted, it is  management's  opinion the
        Company is not exposed to significant interest, currency or credit risks
        arising from these financial instruments.

        Environmental Costs

        Environmental   expenditures  that  relate  to  current  operations  are
        expensed or capitalized as appropriate.  Expenditures  that relate to an
        existing  condition  caused  by  past  operations,   and  which  do  not
        contribute  to  current  or future  revenue  generation,  are  expensed.
        Liabilities are recorded when environmental  assessments and/or remedial
        efforts  are  probable,  and  the  cost  can  be  reasonably  estimated.
        Generally,  the timing of these  accruals  coincides with the earlier of
        completion of a feasibility  study or the Company's  commitments to plan
        of action based on the then known facts.

        Income Taxes

        The Company follows the liability method of accounting for income taxes.
        Under this  method,  deferred  income tax  assets  and  liabilities  are
        recognized   for  the  estimated  tax   consequences   attributable   to
        differences  between the financial  statement  carrying values and their
        respective  income  tax basis  (temporary  differences).  The  effect on
        deferred  income tax assets and  liabilities of a change in tax rates is
        recognized in income in the period that includes the enactment date.

        At October 31, 2006 a full  deferred tax asset  valuation  allowance has
        been provided and no deferred tax asset has been recorded.

        Basic and Diluted Loss Per Share

        The Company  computes  loss per share in  accordance  with SFAS No. 128,
        "Earnings  per  Share"  which  requires  presentation  of both basic and
        diluted  earnings per share on the face of the statement of  operations.
        Basic loss per share is  computed  by  dividing  net loss  available  to
        common shareholders by the weighted average number of outstanding common
        shares  during the period.  Diluted  loss per share gives  effect to all
        dilutive potential common shares outstanding during the period. Dilutive
        loss per share  excludes all potential  common shares if their effect is
        anti-dilutive.

        The Company has no potential dilutive  instruments and accordingly basic
        loss and diluted loss per share are equal.

<page>

                             ARBUTUS RESOURCES INC.
                         (An Exploration Stage Company)
                        Notes To The Financial Statements
                                October 31, 2006
                                   (Unaudited)
--------------------------------------------------------------------------------

2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

         Stock-based Compensation

         In December 2004, the FASB issued SFAS No. 123R, "Share-Based Payment",
         which replaced SFAS No. 123, "Accounting for Stock-Based  Compensation"
         and  superseded  APB Opinion No. 25,  "Accounting  for Stock  Issued to
         Employees".  In January 2005, the  Securities  and Exchange  Commission
         ("SEC") issued Staff Accounting Bulletin ("SAB") No. 107,  "Share-Based
         Payment", which provides supplemental  implementation guidance for SFAS
         No. 123R. SFAS No. 123R requires all share-based payments to employees,
         including  grants of employee  stock  options,  to be recognized in the
         financial  statements  based on the grant date fair value of the award.
         SFAS No.  123R was to be  effective  for  interim  or annual  reporting
         periods  beginning on or after June 15, 2005, but in April 2005 the SEC
         issued a rule that will permit most  registrants  to implement SFAS No.
         123R at the  beginning of their next fiscal  year,  instead of the next
         reporting   period  as  required  by  SFAS  No.  123R.   The  pro-forma
         disclosures  previously  permitted under SFAS No. 123 no longer will be
         an alternative to financial statement recognition. Under SFAS No. 123R,
         the Company must determine the appropriate  fair value model to be used
         for  valuing   share-based   payments,   the  amortization  method  for
         compensation  cost  and  the  transition  method  to be used at date of
         adoption.

         The transition  methods include  prospective  and retroactive  adoption
         options.  Under the retroactive options,  prior periods may be restated
         either as of the  beginning  of the year of adoption or for all periods
         presented. The prospective method requires that compensation expense be
         recorded for all unvested  stock  options and  restricted  stock at the
         beginning of the first quarter of adoption of SFAS No. 123R,  while the
         retroactive methods would record compensation  expense for all unvested
         stock  options and  restricted  stock  beginning  with the first period
         restated. The Company adopted the modified prospective approach of SFAS
         No. 123R for the fiscal year beginning on February 1, 2006. The Company
         did not record any  compensation  expense in the first  quarter of 2006
         because there were no stock options  outstanding  prior to the adoption
         or at October 31, 2006.

3.       MINERAL INTERESTS

         Green Energy Claim, British Columbia, Canada

         On October 1, 2005 the  Company  acquired a 100%  interest in the Green
         Energy  Claim  located in the  Province  of British  Columbia,  Canada.
         Consideration  for the  acquisition  was $20,000  paid to an  unrelated
         party.  During the year ended  January 31, 2006 the Company  incurred a
         total of $24,200 of property costs which were expensed in the year.

         The mineral  interest is held in trust for the Company by the vendor of
         the property.  Upon request from the Company the title will be recorded
         in the name of the Company with the appropriate mining recorder.

4.      COMMON STOCK

        The total number of common shares  authorized  that may be issued by the
        Company is  75,000,000  shares with a par value of one tenth of one cent
        ($0.001) per share and no other class of shares is authorized.

        During the year ended  January 31, 2006,  the Company  issued  8,780,000
        (2005-Nil)  shares of common  stock for total cash  proceeds  of $74,400
        (2005-Nil). At October 31, 2006, there were no outstanding stock options
        or warrants.

5.      INCOME TAXES

        As of  October  31,  2006,  the  Company  had net  operating  loss carry
        forwards of approximately $40,000 that may be available to reduce future
        years' taxable income through 2026.  Future tax benefits which may arise
        as a result of these losses have not been  recognized in these financial
        statements,  as their  realization is determined not likely to occur and
        accordingly,  the Company has  recorded a  valuation  allowance  for the
        deferred tax asset relating to these tax loss carry-forwards.

<page>

ITEM 2.  PLAN OF OPERATION AND RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED
-------------------------------------------------------------------------------

Plan of Operation

Our plan of operation for the twelve months following the date of this report is
to complete  the  recommended  phase I  exploration  program  which  consists of
mapping and  sampling.  We intend to commence  this phase in the winter of 2006.
The phase will take approximately one month to complete.

Following  the  successful  completion of phase I we will commence with phase II
which will consist of detailed  sampling and radiometric  surveys.  We intend to
commence this phase in the spring of 2007. The phase will take approximately one
month to complete.

Should  the  results  of phase II  detects  concentrations  of  Uranium  we will
commence with phase III which will consist of drilling.


Phases I to III will involve the following:

1.   Phase I:  Mapping the extent of the basalt cap and  reconnaissance
     soil sampling.  Available maps of the area are regional and  insufficiently
     detailed.  In practice it is recommended  to do traverses  spaced 250 meter
     apart across the topographic  ridge and map all outcrops.  The contact zone
     of the basalt cap, once mapped,  needs to be systematically  sampled at 200
     meter intervals. This would detect uranium leaching from a paleochannels or
     from mineralized  paleochannels  uncovered by erosion of the basalt cap. We
     anticipate the cost of this phase to be approximately $5,320.

2.   Phase II:  Soil  sampling  (50 meter intervals along 50 meter spaced lines)
     and  radiometric  surveys  over all areas with   elevated uranium defined
     under 1. above. We anticipate the cost of this phase to be approximately
     $5,320.

3.   Phase III:  Drilling  involves  extracting a long cylinder of rock
     from the ground to determine amounts of metals at different depths.  Pieces
     of the rock  obtained,  known as  drill  core,  are  analysed  for  mineral
     content. We anticipate the cost of this phase to be approximately $74,000.

<page>

We  currently  have  enough  funds on hand to  complete  the first two phases of
exploration  on the Green Energy  Claims.  To complete  phase three will require
additional  funding.  We anticipate that additional  funding will be required in
the form of equity financing from the sale of our common stock.  However, we may
not be able to raise  sufficient  funding  from the sale of our common  stock to
fund the third phase of the exploration program. We do not have any arrangements
in place for any future equity financing.  Our management is prepared to provide
us with short-term loans, although no such arrangement has been made.

If we do not  secure  additional  funding  for  phase  three of our  exploration
expenditures,  we may  consider  seeking  an  arrangement  with a joint  venture
partner that would provide the required funding in exchange for receiving a part
interest  in the Green  Energy  Claims.  We have not  undertaken  any efforts to
locate a joint venture  partner.  There is no guarantee  that we will be able to
locate  a joint  venture  partner  who will  assist  us in  funding  exploration
expenditures  upon acceptable  terms. We may also pursue acquiring  interests in
alternate mineral properties in the future.

Results of Operations for the Nine Month Period Ended October 31, 2006

We did not earn any revenues during the six-month period ended October 31, 2006.
We do not anticipate earning revenues unless we enter into commercial production
on the Green Energy Claim, which is doubtful.

We  incurred  operating  expenses  in the amount of $12,230  for the  nine-month
period ended October 31, 2006.  These operating  expenses,  comprised of general
and  administration  expenses,  were  primary  incurred in  connection  with the
preparation and filing of our Form SB-2 registration statement.

Our net  loss  for the  nine-month  period  ended  October  31,  2006  increased
approximately 100% from the comparative  period in fiscal 2005 (2005:  $48)as we
were inactive during the first nine months of fiscal 2005.

At October 31, 2006, we had total assets of $32,895 consisting entirely of cash.
At the same date, we had no liabilities.

We have not attained  profitable  operations  and are dependent  upon  obtaining
financing  to pursue  exploration  activities.  For these  reasons our  auditors
believe  that there is  substantial  doubt that we will be able to continue as a
going concern.

<page>

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements.

ITEM 3.  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  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 SEC 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.

<page>

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS
-------------------------

None.

ITEM 2. UNREGISTERED SALE OF SECURITIES

None.

ITEM 3. DEFAULT OF SENIOR SECURITIES

None.

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

None.

ITEM 5. OTHER INFORMATION

None.


ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

The following exhibits are included with this registration statement filing.

Those  marked  with  an  asterisk  and  required  to  be  filed  hereunder,  are
incorporated  by  reference  and can be found in their  entirety in our original
Form SB-2 Registration Statement, filed under SEC File Number 333-134549, at the
SEC website at :

         Exhibit
         Number            Description

         31.1              Sec. 302 Certification of Principal Executive Officer
         31.2              Sec. 302 Certification of Principal Financial Officer
         32.1              Sec. 906 Certification of Principal Executive Officer
         32.2              Sec. 906 Certification of Principal Financial Officer

There were no reports  filed on Form 8-K during the  quarter  ended  October 31,
2006.

SIGNATURES

Pursuant  to the  requirements  of  Section  13(a) or  15(d)  of the  Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.


December 5, 2006          Arbutus Resources, Inc., Registrant

                          By:  /s/ Karen Law
                              ------------------------------
                              Karen Law, President, Chief Executive Officer,
                              Principal Accounting Officer, and Chief Financial
                              Officer



In  accordance  with the Exchange  Act, this report has been signed below by the
following  persons on behalf of the  registrant and in the capacities and on the
dates indicated.


December 5, 2006           Arbutus Resources, Inc., Registrant

                           By: /s/ Karen Law
                              ------------------------------
                              Karen Law, President, Chief Executive Officer,
                              Principal Accounting Officer and Chief Financial
                              Officer