----

----

**EASTERN        EXPLORATION COMPANY**

| **Delaware**                            | **1000**                                                                  | **N/A**                                             |
|-----------------------------------------|---------------------------------------------------------------------------|-----------------------------------------------------|
| State                  of Incorporation | Primary                  Standard Industrial Classification Code Number # | I.R.S                  Employer. Identification No. |

**Eastern        Exploration Company**

**6588        Barnard Drive, Suite 40**

**Richmond,        B.C. V7C 5R8**

**Telephone:        778-889-3091**

**The        Company Corporation**

**2711        Centerville Road, Suite 400**

**Wilmington,        Delaware 19808**

**Telephone:        302-636-5440**

**Facsimile:        302-636-5454**

**APPLICABLE        ONLY TO ISSUERS INVOLVED IN BANKRUPTCY **

**PROCEEDINGS        DURING THE PRECEDING FIVE YEARS**

**APPLICABLE        ONLY TO CORPORATE ISSUERS**

----

**"TABLE        OF CONTENTS"**

| PART                  I - FINANCIAL INFORMATION - UNAUDITED | Page                                                                                                                     |
|-------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|
|                                                        |                                                                                                                     |   |
| Item                  1.                                    | INTERIM                  CONSOLIDATED BALANCE SHEETS                                                                     | 3  |
|                                                        |                                                                                                                     |   |
|                                                        | INTERIM                  CONSOLIDATED STATEMENTS OF OPERATIONS                                                           | 4  |
|                                                        |                                                                                                                     |   |
|                                                        | INTERIM                  CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY                                            | 5  |
|                                                        |                                                                                                                     |   |
|                                                        | INTERIM                  CONSOLIDATED STATEMENTS OF CASH FLOWS                                                           | 6  |
|                                                        |                                                                                                                     |   |
|                                                        | NOTES                  TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS                                                  | 7  |
|                                                        |                                                                                                                     |   |
| Item                  2.                                    | Management's                  Discussion and Analysis of Financial Condition and Results of                  Operations. | 11  |
|                                                        |                                                                                                                     |   |
| Item                  3.                                    | Controls                  and Procedures                                                                                 | 15  |
|                                                        |                                                                                                                     |   |
| PART                  II - OTHER INFORMATION                |                                                                                                                     |
|                                                        |                                                                                                                     |   |
| Item                  1.                                    | Legal                  Proceedings.                                                                                      | 15  |
|                                                        |                                                                                                                     |   |
| Item                  2.                                    | Changes                  in Securities and Use of Proceeds.                                                              | 15  |
|                                                        |                                                                                                                     |   |
| Item                  3.                                    | Defaults                  Upon Senior Securities.                                                                        | 15  |
|                                                        |                                                                                                                     |   |
| Item                  4.                                    | Submission                  of Matters to a Vote of Security Holders.                                                    | 15  |
|                                                        |                                                                                                                     |   |
| Item                  5.                                    | Other                  Information.                                                                                      | 15  |
|                                                        |                                                                                                                     |   |
| Item                  6.                                    | Exhibit                  and Reports on Form 8-K                                                                         | 15  |

----

**Item        1. Financial Statements (unaudited)**

**EASTERN        EXPLORATION COMPANY**

**(An        Exploration Stage Company)**

**INTERIM        CONSOLIDATED BALANCE SHEETS**

**(Unaudited)**

|                                                                                                                               |   | January                  31,2007 |    | April                  30,2006 |   |
|------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------|---------|--------------------------------|--------|
|                                                                                                                               |   |                             |    |                           |   |
| **ASSETS**                                                                                                                         |   |
| **CURRENT                  ASSETS**                                                                                                |   |                             |    |                           |   |
| Cash                                                                                                                               |   | $                                | 205     |                           | $      | 18,818 |   |
|                                                                                                                               |   |                             |    |                           |   |   |   |
| TOTAL                  ASSETS                                                                                                      |   | $                                | 205     |                           | $      | 18,818 |   |
|                                                                                                                               |   |                             |    |                           |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS’ EQUITY (DEFICIT)**                                                          |   |                             |    |                           |   |   |   |
| **CURRENT                  LIABILITIES**                                                                                           |   |                             |    |                           |   |   |   |
| Accounts                  payable and accrued liabilities                                                                          |   | $                                | 2,000   |                           | $      | 4,005 |   |
| Due                  to related party (Note 5)                                                                                     |   |                             | 4,311   |                           |   | 278 |   |
|                                                                                                                               |   |                             |    |                           |   |   |   |
|                                                                                                                               |   |                             | 6,311   |                           |   | 4,283 |   |
|                                                                                                                               |   |                             |    |                           |   |   |   |
|                                                                                                                               |   |                             |    |                           |   |   |   |
| **STOCKHOLDERS’                  EQUITY (DEFICIT )**                                                                         |   |                             |    |                           |   |   |   |
| Capital                  stock (Note 4)                                                                                            |   |                             |    |                           |   |   |   |
|  Authorized                  75,000,000                  shares of common                  stock, $0.001 par value,           |   |                             |    |                           |   |   |   |
|  Issued                  and                  outstanding                  14,175,000                  shares of common stock |   |                             | 1,417   |                           |   | 1,417 |   |
| Additional                  paid-in capital                                                                                        |   |                             | 27,633  |                           |   | 27,633 |   |
| Deficit                  accumulated during the development stage                                                                  |   |                             | (35,156 | )                              |   | (14,515 | ) |
|                                                                                                                               |   |                             |    |                           |   |   |   |
|                                                                                                                               |   |                             | (6,106  | )                         |   | 14,535 |   |
|                                                                                                                               |   |                             |    |                           |   |   |   |
| TOTAL                  LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                  |   | $                                | 205     |                           | $      | 18,818 |   |

----

**EASTERN        EXPLORATION COMPANY**

**(An        Exploration Stage Company)**

**INTERIM        CONSOLIDATED STATEMENTS OF OPERATIONS**

**(Unaudited)**

|                                  |   | Three                    monthsendedJanuary                    31,2007(Unaudited) |   | Three                    monthsendedJanuary                    31,2006(Unaudited) |   | Nine                    monthsendedJanuary                    31,2007(Unaudited) |   | From                    inceptionAugust                    26, 2005 to January 31,2006(Unaudited) |    | Cumulative                    results of operations fromAugust                    26,2005                    (date ofinception)                    toJanuary                    31,2007(Unaudited) |   |
|---------------------------------------|--------|-----------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                  |   |                                                                              |   |                                                                              |   |                                                                             |   |                                                                                              |    |                                                                                                                                                                                               |   |
|                                  |   |                                                                              |   |                                                                              |   |                                                                             |   |                                                                                              |    |                                                                                                                                                                                               |   |
| **EXPENSES**                          |   |                                                                              |   |                                                                              |   |                                                                             |   |                                                                                              |    |                                                                                                                                                                                               |   |
|                                  |   |                                                                              |   |                                                                              |   |                                                                             |   |                                                                                              |    |                                                                                                                                                                                               |   |
| Office                    and general |   | $                                                                                 | 1,388  |                                                                              | $      | 48                                                                               |   | $                                                                                                 | 6,142   |                                                                                                                                                                                               | $      | 147 |   | $ | 6,652 |   |
| Professional                    fees  |   |                                                                              | 4,767  |                                                                              |   | 10,000                                                                           |   |                                                                                              | 14,499  |                                                                                                                                                                                               |   | 10,000 |   |   | 28,504 |   |
|                                  |   |                                                                              |   |                                                                              |   |                                                                             |   |                                                                                              |    |                                                                                                                                                                                               |   |   |   |   |   |   |
| **NET                    LOSS**       |   | $                                                                                 | (6,155 | )                                                                                 | $      | (10,048                                                                          | )      | $                                                                                                 | (20,641 | )                                                                                                                                                                                                  | $      | (10,147 | ) | $ | (35,156 | ) |

|                                                                            |   |   |       |   |   |       |   |   |       |
|---------------------------------------------------------------------------------|--------|--------|------------|--------|--------|------------|--------|--------|------------|
| **BASIC                    AND DILUTED NET LOSS PER SHARE**                     |   | $      | (0.00      | )      | $      | (0.00      | )      | $      | (0.00      | ) | $ | (0.00 | ) |
|                                                                            |   |   |       |   |   |       |   |   |       |   |   |   |   |
| **WEIGHTED                    AVERAGE NUMBER OF COMMON SHARES O****UTSTANDING** |   |   | 14,175,000 |   |   | 12,266,560 |   |   | 14,175,000 |   |   | 8,063,607 |   |

----

**EASTERN        EXPLORATION COMPANY**

**(An        Exploration Stage Company)**

**INTERIM        CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY (DEFICIT)**

**(Unaudited)**

**FROM        INCEPTION (AUGUST 26, 2005) TO JANUARY 31, 2007 **

|                                                                                                  |   | Common                  Stock    |       | Additional |   |  DeficitAccumulatedDuring                  the |   |                   |   |
|-------------------------------------------------------------------------------------------------------|--------|----------------------------------|------------|------------|--------|-----------------------------------------------------|--------|------------------------|--------|
|                                                                                                  |   | Number                  ofshares |       | Amount     |   | Paid-inCapital                                      |   |  ExplorationStage |   | Total |   |
|                                                                                                  |   |                             |       |       |   |                                                |   |                   |   |   |   |
| Balance,                  August 26, 2005                                                             |   |                             | -          |       | $      | -                                                   |   | $                      | -      |   | $ | - |   | $ | - |   |
|                                                                                                  |   |                             |       |       |   |                                                |   |                   |   |   |   |   |   |   |   |   |
| Common                  stock issued for cash at $0.0004 per share-                  October 21, 2005 |   |                             | 10,000,000 |       |   | 1,000                                               |   |                   | 3,000  |   |   | - |   |   | 4,000 |   |
| Common                  stock issued for cash at $0.006 per share-                  October 21, 2005  |   |                             | 1,858,333  |       |   | 186                                                 |   |                   | 10,964 |   |   | - |   |   | 11,150 |   |
| Common                  stock issued for cash at $0.006 per share-                  December 2, 2005  |   |                             | 1,075,000  |       |   | 107                                                 |   |                   | 6,343  |   |   |   |   |   | 6,450 |   |
| Common                  stock issued for cash at $0.006 per share-                  January 31, 2007  |   |                             | 1,241,667  |       |   | 124                                                 |   |                   | 7,326  |   |   |   |   |   | 7,450 |   |
|                                                                                                  |   |                             |       |       |   |                                                |   |                   |   |   |   |   |   |   |   |   |
|                                                                                                  |   |                             |       |       |   |                                                |   |                   |   |   |   |   |   |   |   |   |
| Net                  loss for year ended April 30, 2006                                               |   |                             | -          |       |   | -                                                   |   |                   | -      |   |   | (14,515 | ) |   | (14,515 | ) |
| Balance                  April 30, 2006                                                               |   |                             | 14,175,000 |       |   | 1,417                                               |   |                   | 27,633 |   |   | (14,515 | ) |   | 14,535 |   |
|                                                                                                  |   |                             |       |       |   |                                                |   |                   |   |   |   |   |   |   |   |   |
| Net                  loss for the 9 months ended January 31, 2007                                     |   |                             |       |       |   |                                                |   |                   |   |   |   | (20,641 | ) |   | (20,641 | ) |
|                                                                                                  |   |                             |       |       |   |                                                |   |                   |   |   |   |   |   |   |   |   |
| Balance,                  January 31, 2007                                                            |   |                             | 14,175,000 |       | $      | 1,417                                               |   | $                      | 27,633 |   | $ | (35,156 | ) | $ | (6,106 | ) |

----

**EASTERN        EXPLORATION COMPANY**

**(An        Exploration Stage Company)**

**INTERIM        CONSOLIDATED STATEMENTS OF CASH FLOWS**

|                                                                                                                                                                         |   | Three                    months ended,January                    31,2007 |   | Three                    monthsendedJanuary                    31,2006 |   | Nine                    monthsendedJanuary                    31,2007 |   | From                    inceptionAugust                    26, 2005 to January 31,2006 |    | Cumulative                    results of operations from inception (August 26, 2005) to January                    31,2007 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------|---------|----------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |
| **Cash                    Flows From Operating Activities**                                                                                                                  |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |
| Net                    loss                                                                                                                                                  |   | $                                                                        | (6,155 | )                                                                      | $      | (10,048                                                               | )      | $                                                                                      | (20,641 | )                                                                                                                          | $      | (10,147 | ) | $ | (35,156 | ) |
| Adjustment                    to reconcile net loss to net cash used in operating activities                    -accounts                    payable and accrued liabilities |   |                                                                     | -      |                                                                   |   | -                                                                     |   |                                                                                   | (2,005  | )                                                                                                                          |   | - |   |   | 2,000 |   |
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |
| **Net                    Cash Used In Operating Activities**                                                                                                                 |   |                                                                     | (6,155 | )                                                                      |   | (10,048                                                               | )      |                                                                                   | (22,646 | )                                                                                                                          |   | (10,147 | ) |   | (33,156 | ) |
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |
| **Cash                    Flows From Financing Activities**                                                                                                                  |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |
| Proceeds                    from sale of common stock                                                                                                                        |   |                                                                     | -      |                                                                   |   | 13,900                                                                |   |                                                                                   | -       |                                                                                                                       |   | 29,050 |   |   | 29,050 |   |
| Related                    party advance                                                                                                                                     |   |                                                                     | 4,033  |                                                                   |   | -                                                                     |   |                                                                                   | 4,033   |                                                                                                                       |   | 278 |   |   | 4,311 |   |
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |
| **Net                    Cash Provided By Financing Activities**                                                                                                             |   |                                                                     | 4,033  |                                                                   |   | 13,900                                                                |   |                                                                                   | 4,033   |                                                                                                                       |   | 29,328 |   |   | 33,361 |   |
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |
| **Net                    Increase (Decrease) In Cash**                                                                                                                       |   |                                                                     | (2,122 | )                                                                      |   | 3,852                                                                 |   |                                                                                   | (18,613 | )                                                                                                                          |   | 19,181 |   |   | 205 |   |
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |
| **Cash,                    Beginning Of Period**                                                                                                                             |   |                                                                     | 2,328  |                                                                   |   | 15,329                                                                |   |                                                                                   | 18,818  |                                                                                                                       |   | - |   |   | - |   |
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |
| **Cash,                    End Of Period**                                                                                                                                   |   | $                                                                        | 205    |                                                                   | $      | 19,181                                                                |   | $                                                                                      | 205     |                                                                                                                       | $      | 19,181 |   | $ | 205 |   |
|                                                                                                                                                                         |   |                                                                     |   |                                                                   |   |                                                                  |   |                                                                                   |    |                                                                                                                       |   |   |   |   |   |   |

| Interest                        |   | $      | -      |   | $      | -      |   | $      | -      |   | $      | -      |   | $      | -      |   |
|---------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
|                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                    taxes |   | $      | -      |   | $      | -      |   | $      | -      |   | $      | -      |   | $      | -      |   |

----

**EASTERN        EXPLORATION COMPANY**

**(An        Exploration Stage Company)**

**NOTES        TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**JANUARY        31, 2007**

----

**NOTE        1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION **

----

**Principles        of consolidation**

**Going        concern**

**NOTE        2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

----

**Organization**

**Basis        of Presentation**

**Exploration        stage Company**

**Natural        resource properties**

**Use        of Estimates and Assumptions**

**Financial        instruments**

----

**EASTERN        EXPLORATION COMPANY**

**(An        Exploration Stage Company)**

**NOTES        TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**JANUARY        31, 2007**

----

**NOTE        2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)**

----

**Loss        per Common Share**

**Income        Taxes**

**Stock-based        Compensation**

*Accounting        for Stock-Based Compensation”.*
*Accounting        for Stock-Based Compensation-transition and disclosure”, *
*Accounting        for Stock Issued to Employees”*

*Accounting        of Certain Transactions Involving Stock Compensation-An Interpretation of        APB        Opinion No. 25 *

----

**EASTERN        EXPLORATION COMPANY**

**(An        Exploration Stage Company)**

**NOTES        TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**JANUARY        31, 2007**

----

**NOTE        2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)**

----

**Recent        Accounting Pronouncements**

*Share-Based        Payment*

*Exchanges        of Non-monetary*
*Assets        - An Amendment of APB Opinion No. 29 Accounting for Non-monetary        Transactions*

**NOTE        3 - NATURAL RESOURCE PROPERTIES and RELATED EXPLORATION EXPENSES**

----

----

**EASTERN        EXPLORATION COMPANY**

**(An        Exploration Stage Company)**

**NOTES        TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**JANUARY        31, 2007**

----

**NOTE        4 - CAPITAL STOCK**

----

**NOTE        5 - RELATED PARTY TRANSACTIONS**

----

**NOTE        6 - INCOME TAXES**

----

----

**Item        2. Plan of Operations**

**In        General **

**Location,        Access and Description**

----

**Plan        of Operation - Next Twelve Months **

| Budget                    - Phase I |   |   |                                            |   |   |
|-------------------------------------|--------|--------|-------------------------------------------------|--------|--------|
| Mobilization/Demobilization         |   |   |                                            |   | $      | 5,000 |   |
| Geologist                           |   |   | 3                    days @ $500/day            |   | $      | 1,500 |   |
| Geotechnician                       |   |   | 3                    days @ $400/day            |   | $      | 1,200 |   |
| Equipment                    rental |   |   | Fuel,                    Food, Field Supplies   |   | $      | 500 |   |
|                                     |   |   | Assays                      20 @ $30 each       |   | $      | 600 |   |
|                                     |   |   | Helicopter                      3 hour @ $1,000 |   | $      | 3,000 |   |
|                                |   |   | Report                                          |   | $      | 500 |   |
|                                |   |   | Filing                      Fees                |   | $      | 200 |   |
|                                |   |   |                                            |   |   |   |   |
| Total                               |   |   |                                                 |   | $      | 12,500 |   |

----

| Budget - Phase II                                       |   |   |   |   |
|---------------------------------------------------------|--------|--------|--------|--------|
| Mobilization\Demobilization                             |   | $      | 10,000 |   |
| Airborne                  MAG-EM Survey                 |   |   | 15,000 |   |
| Horizontal                  Loop Electromagnetic Survey |   |   | 9,500  |   |
| Data                  Reduction and Report              |   |   | 2,500  |   |
| Administration                  Fees and Taxes          |   |   | 8,000  |   |
|                                                    |   |   |        |   |
| Total                                                   |   | $      | 45,000 |   |

**Liquidity        and Capital Resources**

----

**Off-Balance        Sheet Arrangements**

**Product        Research and Development**

----

**Item        3. Controls and Procedures**

**Changes        In Internal Controls.**

| Item                  1. | Not                  applicable. |
|--------------------------|----------------------------------|

| Item                  2. | Not                  applicable. |
|--------------------------|----------------------------------|

| Item                  3. | Not                  applicable. |
|--------------------------|----------------------------------|

| Item                  4. | Not                  applicable. |
|--------------------------|----------------------------------|

| Item                  5. | Not                  applicable. |
|--------------------------|----------------------------------|

| Item                  6. | Not                  applicable. |
|--------------------------|----------------------------------|

| Exhibit                  Number | Description                                                                                                                                                               |
|---------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                            |                                                                                                                                                                      |
| 31.1                            | Section                  302 Certification of Chief Executive Officer and Chief Financial                  Officer                                                        |
|                            |                                                                                                                                                                      |
| 32.1                            | Certification                  Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section                  906 of                  The Sarbanes-Oxley Act of 2002 |

|                                   | Eastern                  Exploration Company .                                                                                                                      |
|----------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                   |                                                                                                                                                                |
| Dated:                  March 15, 2007 | /s/                  Anthony                  Tai                    |
|                                   | Chief                  Executive Officer and                                                                                                                        |
|                                   | Chief                  Financial Officer                                                                                                                            |

----