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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-QSB



|[X]   | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 
|----- | ----------------------------------------------------------------------------------------
|      | FOR THE QUARTERLY PERIOD ENDED AUGUST 31, 2006                                          
|      |                                                                                         
|      | OR                                                                                      
|      |                                                                                         
|[   ] | Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|      | For the transition period from to                                                       

Commission file number 333-135201

ALPINE RESOURCES CORPORATION



|Nevada                                                         | 98-0491170                       
|-------------------------------------------------------------- | ---------------------------------
|(State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.)

938 Howe Street
Suite 807
Vancouver, British Columbia V6Z 2X4
(Address of principal executive offices, including zip code.)

(604) 781-0221
(Registrant's telephone number, including area code)

The Company is a Shell company:   Yes [   ]     No [X]

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

As of October 20, 2006, the Company had 5,529,750 shares of common stock outstanding.

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PART I

ITEM 1.     INTERIM FINANCIAL STATEMENTS

Alpine Resources Corporation
(An Exploration Stage Company)
(Expressed in US dollars)
(Unaudited)

August 31, 2006



|                                   | Index
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|Balance Sheets                     | F-1  
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|Statements of Operations           | F-2  
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|Statements of Cash Flows           | F-3  
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|Statement of Stockholders' Deficit | F-4  
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|Notes to the Financial Statements  | F-5  





















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|Alpine Resources Corporation                                              
|--------------------------------------------------------------------------
|(An Exploration Stage Company)                                            
|Balance Sheets                                                            
|(Expressed in US dollars)                                                 
|(Unaudited)                                                               
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|ASSETS                                                                    
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|Current Assets                                                            
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|Cash                                                                      
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|Total Assets                                                              
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|LIABILITIES AND STOCKHOLDERS' DEFICIENCY                                  
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|Current Liabilities                                                       
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|Total Liabilities                                                         
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|Stockholders' Deficiency                                                  
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|Common Stock, 100,000,000 shares authorized, $0.00001 par value           
|5,000,000 shares issued and outstanding (Feb. 28, 2006 - 5,000,000 shares)
|Share Subscriptions Received                                              
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|Additional Paid-in Capital                                                
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|Deficit Accumulated During the Exploration Stage                          
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|Total Stockholders' Deficit                                               
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|Total Liabilities and Stockholders' Deficit                               
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|Commitment (Note 6)                                                       









F-1
(The Accompanying Notes are an Integral Part of These Financial Statements)



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|Alpine Resources Corporation                        
|----------------------------------------------------
|(An Exploration Stage Company)                      
|Statements of Operations                            
|(Expressed in US dollars)                           
|(Unaudited)                                         
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|Revenue                                             
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|Expenses                                            
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|Total Expenses                                      
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|Net Loss                                            
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|Net Loss Per Common Share - Basic and Diluted       
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|Weighted Average Number of Common Shares Outstanding
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F-2
(The Accompanying Notes are an Integral Part of These Financial Statements)



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|Alpine Resources Corporation                    
|------------------------------------------------
|(An Exploration Stage Company)                  
|Statements of Cash Flows                        
|(Expressed in US dollars)                       
|(Unaudited)                                     
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|Operating Activities                            
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|Net loss                                        
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|Adjustments to reconcile net loss to cash:      
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|Change in non-cash operating work capital items:
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|Net Cash (Used in) Operating Activities         
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|Financing Activities                            
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|Net Cash Flows Provided by Financing Activities 
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|Increase (Decrease) in Cash                     
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|Cash - Beginning of Period                      
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|Cash - End of Period                            
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|Supplemental Disclosure of Cash Flow Information
|Cash paid during the period for:                
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F-3
(The Accompanying Notes are an Integral Part of These Financial Statements)



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|Alpine Resources Corporation                           
|-------------------------------------------------------
|(An Exploration Stage Company)                         
|Statement of Stockholders' Deficit                     
|From March 23, 2005 (inception) to August 31, 2006     
|(Expressed in US dollars)                              
|(Unaudited)                                            
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|                                                       
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|Balance - March 23, 2005
(Inception)                   
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|Issuance of common stock for cash at $0.00001 per share
|                                                       
|Contributed rent and consulting services               
|                                                       
|Net loss                                               
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|Balance - February 28, 2006                            
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|Contributed rent and consulting services               
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|Share Subscriptions Received                           
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|Net loss                                               
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|Balance - August 31, 2006                              









F-4
(The Accompanying Notes are an Integral Part of These Financial Statements)



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|Alpine Resources Cororation      
|---------------------------------
|(An Exploration Stage Company)   
|Notes to the Financial Statements
|(Expressed in US dollars)        
|(Unaudited)                      
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|1.                               
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|2.                               
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F-5

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|Alpine Resources Corporation     
|---------------------------------
|(An Exploration Stage Company)   
|Notes to the Financial Statements
|(Expressed in US dollars)        
|(Unaudited)                      
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|2.                               
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|3.                               
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|4.                               
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|5.                               
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|6.                               
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|7.                               
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F-6

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ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward-looking states are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or out predictions.

Plan of Operation

We are a start-up, exploration stage corporation and have not yet generated or realized any revenues from our business operations.

Our auditors have issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues and no revenues are anticipated until we begin removing and selling minerals.  There is no assurance we will ever reach this point.  In September 2006, we raised $52,975 in our public offering of common stock.  It should last twelve months.

We will be conducting research in the form of exploration of the property.  Our exploration program is explained in as much detail as possible in the business section of this report.  We are not going to buy or sell any plant or significant equipment during the next twelve months.

The property is located within the east-central area of Vancouver Island, British Columbia, Canada, approximately 55 miles northwest of Vancouver, near Coombs in the French Creek drainage The property is in the Naniamo Mining Division.  The town of Coombs lies 4 miles to the north of the Property, Parksville, and the junction of Highways 4 and 19 (the "Island Highway") is located 12 miles to the east, Naniamo is located 22 miles to the south east. A network of secondary gravel roads and trails provide good access to most parts of the property. No improvements are required for exploration activities.

Our exploration target is to find an ore body containing gold. Our success depends upon finding mineralized material. This includes a determination by our consultant if the property contains reserves. We have not selected a consultant as of the date of this report and will not do so until our offering is successfully completed, if that occurs, of which there is no assurance.  Mineralized material is a mineralized body, which has been delineated by appropriate spaced drilling or underground sampling to support sufficient tonnage and average grade of metals to justify removal. If we don't find mineralized material or we cannot remove mineralized material, either because we do not have the money to do it or because it is not economically feasible to do it, we will cease operations and you will lose your investment.







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We must conduct exploration to determine what amount of minerals, if any, exist on our properties and if any minerals which are found can be economically extracted and profitably processed.

The property is undeveloped raw land.  Exploration and surveying has not been initiated and will not be initiated until we raise money in this offering. That is because we do not have money to start exploration. Once the offering is concluded, we intend to start exploration operations. To our knowledge, the property has never been mined. The only event that has occurred is the staking of the property by Lloyd Brewer, a physical examination of the property by Mr. Huculak, our president and director and our public offering. The cost of staking the claim was included in the $1,750 paid to Mr. Brewer. Before minerals retrieval can begin, we must explore for and find mineralized material. After that has occurred we have to determine if it is economically feasible to remove the mineralized material. Economically feasible means that the costs associated with the removal of the mineralized material will not exceed the price at which we can sell the mineralized material. We can't predict what that will be until we find mineralized material.

We do not know if we will find mineralized material. We believe that activities occurring on adjoining properties are not material to our activities.  The reason is that what ever is located under adjoining property may or may not be located under the property.

We do not claim to have any minerals or reserves whatsoever at this time on any of the property.

We intend to implement an exploration program which consists of core sampling. Core sampling is the process of drilling holes to a depth of up to 1,400 feet in order to extract a samples of earth.  Mr. Huculak, after confirming with our consultant, will determine where drilling will occur on the property.  Mr. Huculak will not receive fees for his services.  The samples will be tested to determine if mineralized material is located on the property. Based upon the tests of the core samples, we will determine if we will terminate operations; proceed with additional exploration of the property; or develop the property. The proceeds from this offering are designed to only fund the costs of core sampling and testing. We intend to take our core samples to analytical chemists, geochemists and registered assayers located in Vancouver, British Columbia. We have not selected any of the foregoing as of the date of this report. We will only make the selections in the event we raise the minimum amount of this offering.

We estimate the cost of drilling will be $20.00 per foot drilled. The amount of drilling will be predicated upon the amount of money raised in this offering. If we raise the minimum amount of money, we will drill approximately 2,000 linear feet or 8 holes to depth of 300 feet.  Assuming that we raise the maximum amount of money, we will drill approximately 7,000 linear feet, or up to 28 holes to a depth of 300 feet. We estimate that it will take up to three months to drill 28 holes to a depth of 300 feet each. We will pay a consultant up to a maximum of $5,000 per month for his services during the three month period or a total of $15,000. The total cost for analyzing the core samples will be $3,000.  We will begin exploration activity 90 days after the completion of our public offering,  weather permitting.

We do not intend to interest other companies in the property if we find mineralized materials. We intend to try to develop the reserves ourselves through the use of consultant. We have no plans to interest other companies in the property if we do not find mineralized material.





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If we are unable to complete any phase of exploration because we don't have enough money, we will cease operations until we raise more money. If we can't or don't raise more money, we will cease operations. If we cease operations, we don't know what we will do and we don't have any plans to do anything.

We do not intend to hire additional employees at this time. All of the work on the property will be conduct by unaffiliated independent contractors that we will hire. The independent contractors will be responsible for surveying, geology, engineering, exploration, and excavation. The geologists will evaluate the information derived from the exploration and excavation and the engineers will advise us on the economic feasibility of removing the mineralized material.

Limited Operating History; Need for Additional Capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are an exploration stage corporation and have not generated any revenues from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.

To become profitable and competitive, we conduct into the research and exploration of our properties before we start production of any minerals we may find.

Liquidity and Capital Resources

We acquired the right to conduct exploration activity on one property containing twenty four mineral claim units. The property is staked and we have begun our exploration plan.

We have issued 5,000,000 shares of  our common stock and received $50.00.

In March 2005, we issued 5,000,000 shares of common stock pursuant to the exemption from registration set forth in section 4(2) of the Securities Act of 1933.   The purchase price of the shares was $50.00.  This was accounted for as an acquisition of shares.  Mir Huculak covered our initial expenses of $13,000 for incorporation, accounting and legal fees and $1,750 for staking all of which was paid directly to our staker, attorney and accountant.  The amount owed to Mr. Huculak  is non-interest bearing, unsecured and due on demand.  Further the agreement with Mr. Huculak is oral and there is no written document evidencing the agreement.

On September 8, 2006, we completed our public offering and raised $52,975.00 by selling 529,750 shares of common stock.

As of August 31, 2006, our total assets were $42,919 and our total liabilities were $16,293.







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ITEM 3.     CONTROLS AND PROCEDURES.

(a)   Evaluation of Disclosure Controls and Procedures: Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in the reports filed under the Exchange Act is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based upon and as of the date of that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective to ensure that information required to be disclosed in the reports our files and submits under the Exchange Act is recorded, processed, summarized and reported as and when required.

(b)   Changes in Internal Control over Financial Reporting: There were no changes in our internal control over financial reporting identified in connection with our evaluation of these controls as of the end of the period covered by this report that could have affected those controls subsequent to the date of the evaluation referred to in the previous paragraph, including any correction action with regard to deficiencies and material weakness.

There were no changes in our internal controls or in other factors that could affect these controls subsequent to the date of their evaluation, including any deficiencies or material weaknesses of internal controls that would require corrective action.

PART II.  OTHER INFORMATION

ITEM 2.     CHANGES IN SECURITIES AND USE OF PROCEEDS.

On July 10, 2006, the Securities and Exchange Commission declared our Form SB-2 Registration Statement effective, file number 333-135201, permitting us to offer up to 2,000,000 shares of common stock at $0.10 per share.  There is no underwriter involved in our public offering.  On September 8, 2006, we completed our public offering by selling 529,750 shares of common stock and raising $52,975.00.

ITEM 6.     EXHIBITS.

The following documents are included herein:



|Exhibit No. | Document Description                                                                                                                                                                         
|----------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |                                                                                                                                                                                              
|31.1        | Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended.
|            |                                                                                                                                                                                              
|32.1        | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).                





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SIGNATURES

In accordance with Section 13 or 15(d) of the Securities and Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on this 23rd day of October, 2006.



| | ALPINE RESOURCES CORPORATION
| | ----------------------------
| |                             
| | BY:                         
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