UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549




FORM
10-Q




[X]
                      QUARTERLY
      REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
      FOR THE QUARTERLY PERIOD ENDED OCTOBER 31, 2008OR[   ]
                      TRANSITION
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934




Commission
file number 000-52813




SNOWDON
RESOURCES CORPORATION


(Exact
name of registrant as specified in its charter)




NEVADA


(State
or other jurisdiction of incorporation or organization)




789
West Pender Street, Suite 1010


Vancouver,
British Columbia


Canada   V6C
1H2


(Address
of principal executive offices, including zip code.)




(604)
606-7979


(telephone
number, including area code)




Check whether the issuer (1) filed all reports required
to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months
(or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the last 90
days.   YES
[X]   NO [   ]




Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See the definitions of "large
accelerated filer", "accelerated filer", "non-accelerated
filer",and "smaller reporting company" in Rule 12b-2 of
the Exchange Act.




Large
      Accelerated Filer
            [   ]
            Accelerated
      Filer
            [   ]


Non-accelerated
      Filer
            [   ]
            Smaller
      Reporting Company
            [X]




Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Exchange Act). YES
[  ]  NO [X]




State the
number of shares outstanding of each of the issuer’s classes of common equity,
as of the latest practicable date: 15,500,000 as of
December 8, 2008.















































PART
I - FINANCIAL INFORMATION




ITEM
      1.
            FINANCIAL
      STATEMENTS




SNOWDON
RESOURCES CORPORATION


(An
Exploration Stage Company)




INTERIM
BALANCE SHEETS


(Unaudited)


(Stated
in U.S. Dollars)


October
      31 2008
                                                                        
                                                                        April
      30
                                                                          2008ASSETSCurrentCash
                                                                        $
                                                                        156,610
                                                                        $
                                                                        531,283Recoverable
      advance (Note 3)
                                                                        
                                                                        187,347
                                                                        
                                                                        -Recoverable
      goods and services tax
                                                                        
                                                                        625
                                                                        
                                                                        -$
                                                                        344,582
                                                                        $
                                                                        531,283LIABILITIESCurrentAccounts
      payable and accrued liabilities
                                                                        $
                                                                        550
                                                                        $
                                                                        1,170Due
      to related parties (Note 4)
                                                                        
                                                                        -
                                                                        
                                                                        66,258550
                                                                        
                                                                        67,428STOCKHOLDERS’
      EQUITYCapital Stock(Note 6)Authorized:100,000,000
      common shares with a par value of $0.00001 per share100,000,000
      preferred shares with a par value of $0.00001 per share(none
      issued)Issued
      and outstanding:15,500,000
      common shares at October 31, 2008 and April 30, 2008
                                                                        
                                                                        155
                                                                        
                                                                        155Additional
      Paid-in Capital
                                                                        
                                                                        549,945
                                                                        
                                                                        549,945Deficit
      Accumulated During The Exploration Stage
                                                                        
                                                                        (206,068)
                                                                        
                                                                        (86,245)344,032
                                                                        
                                                                        463,855$
                                                                        344,582
                                                                        $
                                                                        531,283




























The
accompanying notes are an integral part of these financial
statements.
  F-1








2






SNOWDON RESOURCES
CORPORATION


(An
Exploration Stage Company)




INTERIM
STATEMENTS OF OPERATIONS


(Unaudited)


(Stated
in U.S. Dollars)




CUMULATIVEPERIOD
      FROMINCEPTIONTHREE
      MONTHS
                                                  
                                                  SIX
      MONTHS
                                                  
                                                  (MARCH
      1, 2006)ENDED
                                                  
                                                  ENDED
                                                  
                                                  TOOCTOBER
      31
                                                  
                                                  OCTOBER
      31
                                                  
                                                  OCTOBER
      312008
                                                  
                                                  2007
                                                  
                                                  2008
                                                  
                                                  2007
                                                  
                                                  2008Revenue
                                                  $
                                                  -
                                                  $
                                                  -
                                                  $
                                                  -
                                                  $
                                                  -
                                                  $
                                                  -Operating
      ExpensesConsulting
      fees
                                                  
                                                  6,000
                                                  
                                                  -
                                                  
                                                  6,000
                                                  
                                                  -
                                                  
                                                  6,000Mineral
      claim payment
                                                  
                                                  -
                                                  
                                                  -
                                                  
                                                  -
                                                  
                                                  -
                                                  
                                                  10,000Office
      and sundry
                                                  
                                                  12,729
                                                  
                                                  969
                                                  
                                                  16,006
                                                  
                                                  1,285
                                                  
                                                  23,840Professional
      fees
                                                  
                                                  24,138
                                                  
                                                  18,293
                                                  
                                                  24,138
                                                  
                                                  21,119
                                                  
                                                  81,768Project
      development
                                                  
                                                  5,250
                                                  
                                                  -
                                                  
                                                  73,679
                                                  
                                                  -
                                                  
                                                  84,46048,117
                                                  
                                                  19,262
                                                  
                                                  119,823
                                                  
                                                  22,404
                                                  
                                                  206,068Net
      Loss for the period
                                                  $
                                                  (48,117)
                                                  $
                                                  (19,262)
                                                  $
                                                  (119,823)
                                                  $
                                                  (22,404)
                                                  $
                                                  (206,068)Basic
      And Diluted Loss Per CommonShare
                                                  $
                                                  (0.00)
                                                  $
                                                  (0.00)
                                                  $
                                                  (0.01)
                                                  $
                                                  (0.00)Weighted
      Average Number Of Common Shares Outstanding
                                                  
                                                  15,500,000
                                                  
                                                  10,000,000
                                                  
                                                  15,500,000
                                                  
                                                  10,000,000














































































The
accompanying notes are an integral part of these financial
statements.
  F-2






3




SNOWDON RESOURCES
CORPORATION


(An
Exploration Stage Company)




INTERIM
STATEMENTS OF CASH FLOWS


(Unaudited)


(Stated
in U.S. Dollars)




Six
      Months ended
              October
      31
            Cumulative
      Period From Inception (March 1, 2006) To October 31,
  20082008
            
            2007Cash
      Used In Operating ActivitiesNet
      loss for the period
            $
            (119,823)
            $
            (22,404)
            $
            (206,068)Net
      changes in non-cash operating working capital items:Recoverable
      goods and services tax
            
            (625)
            
            -
            
            (625)Accounts
      payable and accrued liabilities
            
            (620)
            
            8,292
            
            550(121,068)
            
            (14,112)
            
            (206,143)Cash
      Flows From (Used In) Financing ActivitiesIssue
      of share capital
            
            -
            
            -
            
            550,100Recoverable
      advance
            
            (187,347)
            
            -
            
            (187,347)Advances
      (to) from related parties
            
            (66,258)
            
            14,312
            
            -(253,605)
            
            14,312
            
            362,753Increase
      (Decrease) In Cash
            
            (374,673)
            
            200
            
            156,610Cash,
      Beginning Of Period
            
            531,283
            
            213
            
            -Cash,
      End Of Period
            $
            156,610
            $
            413
            $
            156,610Supplemental
      Disclosure of Cash Flow InformationCash
      Activities:Interest
      paid
            $
            -
            $
            -
            $
            -Income
      taxes paid
            $
            -
            $
            -
            $
            -






















































The
accompany notes are an integral part of these financial statements.
  F-3








4










SNOWDON
RESOURCES CORPORATION


(An
Exploration Stage Company)




STATEMENT
OF STOCKHOLDERS’ EQUITY (DEFICIENCY)


(Unaudited)


(Stated
in U.S. Dollars)




PERIOD
FROM INCEPTION (MARCH 1, 2006) TO OCTOBER 31, 2008




DEFICITNUMBER
                                    
                                    
                                    
                                    ACCUMULATEDOF
                                    
                                    ADDITIONAL
                                    
                                    DURING
      THECOMMON
                                    
                                    PAID-IN
                                    PAR
                                    EXPLORATIONSHARES
                                    
                                    CAPITAL
                                    VALUE
                                    STAGE
                                    TOTALBeginning
      balance,
                                      March
      1, 2006
                                    -
                                    $
                                    -
                                    $
                                    -
                                    $
                                    -
                                    $
                                    -March
      22, 2006 – Shares issued for cash at $0.00001
                                    10,000,000
                                    
                                    -
                                    
                                    100
                                    
                                    -
                                    
                                    100Net
      loss for the period
                                    -
                                    
                                    -
                                    
                                    -
                                    
                                    (30,300)
                                    
                                    (30,300)Balance,
      April 30, 2006
                                    10,000,000
                                    
                                    -
                                    
                                    100
                                    
                                    (30,300)
                                    
                                    (30,200)Net
      loss for the year
                                    -
                                    
                                    -
                                    
                                    -
                                    
                                    (12,820)
                                    
                                    (12,820)Balance,
      April 30, 2007
                                    10,000,000
                                    
                                    -
                                    
                                    100
                                    
                                    (43,120)
                                    
                                    (43,020)April
      4, 2008 – Shares issued for cash at $0.10
                                    5,500,000
                                    
                                    549,945
                                    
                                    55
                                    
                                    -
                                    
                                    550,000Net
      loss for the year
                                    -
                                    
                                    -
                                    
                                    -
                                    
                                    (43,125)
                                    
                                    (43,125)Balance,
      April 30, 2008
                                    15,500,000
                                    
                                    549,945
                                    
                                    155
                                    
                                    (86,245)
                                    
                                    463,855Net
      loss for the period
                                    -
                                    
                                    -
                                    
                                    -
                                    
                                    (119,823)
                                    
                                    (119,823)Balance,
      October 31, 2008
                                    15,500,000
                                    $
                                    549,945
                                    $
                                    155
                                    $
                                    (206,068)
                                    $
                                    344,032
























































The
accompany notes are an integral part of these financial statements.
  F-4
  5




SNOWDON
RESOURCES CORPORATION


(An
Exploration Stage Company)




NOTES
TO INTERIM FINANCIAL STATEMENTS




October
31, 2008


(Unaudited)


(Stated
in U.S. Dollars)




1.      NATURE
OF OPERATIONS AND BASIS OF PRESENTATION




Organization




Snowdon
Resources Corporation (“the Company”) was incorporated in the State of Nevada,
U.S.A., on March 1, 2006.




Exploration
Stage Activities




The
Company has been in the exploration stage since its formation and has not yet
realized any revenues from its planned operations.  It is engaged in
the acquisition and exploration of mining claims.  Upon location of a
commercial minable reserve, the Company expects to actively prepare the site for
extraction and to enter a development state.




Basis of presentation




The
accompanying financial statements have been prepared without audit pursuant to
the rules and regulations of the Securities and Exchange Commission. Certain
information and footnote disclosures normally included in financial statements
prepared in accordance with United States generally accepted accounting
principles have been condensed or omitted pursuant to such rules and
regulations. In the opinion of management, all adjustments considered necessary
for a fair presentation have been included. It is suggested that these financial
statements be read in conjunction with the April 30, 2008 audited financial
statements and notes thereto.  Results of this period are not
necessarily indicative of the results for the year ending April 30,
2009.






2.       SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES




The
financial statements of the Company have been prepared in accordance with
generally accepted accounting principles in the United States of
America.  Because a precise determination of many assets and
liabilities is dependent upon future events, the preparation of financial
statements for a period necessarily involves the use of estimates which have
been made using careful judgment.  Actual results may vary from these
estimates. The financial statements have, in management’s opinion, been properly
prepared within reasonable limits of materiality and within the framework of the
significant accounting policies summarized below:












































































F-5


6


SNOWDON
RESOURCES CORPORATION


(An
Exploration Stage Company)




NOTES
TO INTERIM FINANCIAL STATEMENTS




October
31, 2008


(Unaudited)


(Stated
in U.S. Dollars)




2.           SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (Continued)




a)  Exploration
      Stage Enterprise




The
Company’s financial statements are prepared using the accrual method of
accounting and according to the provisions of Statement of Financial Accounting
Standards No. 7 (“SFAS No. 7”), “Accounting and Reporting for Development Stage
Enterprises,” as it devotes substantially all of its efforts to acquiring and
exploring mineral properties.  Until such properties are acquired and
developed, the Company will continue to prepare its financial statements and
related disclosures in accordance with entities in the exploration
stage.








b)
            Cash




Cash
consists of cash on deposit with high quality major financial institutions, and
to date the Company has not experienced losses on any of its balances. The
carrying amounts approximated fair market value due to the liquidity of these
deposits. However, funds on deposit at this financial institution exceed
federally regulated insurance limits.  Accordingly, the Company is at
risk for the excess over these limits by approximately $157,000 at October 31,
2008.




c)  Mineral
      Property Acquisition Payments




The
Company expenses all costs incurred on mineral properties to which it has
secured exploration rights prior to the establishment of proven and probable
reserves.  If and when proven and probable reserves are determined for
a property and a feasibility study prepared with respect to the property, then
subsequent exploration and development costs of the property will be
capitalized.




The
Company regularly performs evaluations of any investment in mineral properties
to assess the recoverability and/or the residual value of its investments in
these assets.  All long-lived assets are reviewed for impairment
whenever events or circumstances change which indicate the carrying amount of an
asset may not be recoverable.
















































































F-6


7


SNOWDON
RESOURCES CORPORATION


(An
Exploration Stage Company)




NOTES
TO INTERIM FINANCIAL STATEMENTS




October
31, 2008


(Unaudited)


(Stated
in U.S. Dollars)




2.           SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (Continued)




d)   Exploration
      Expenditures




The
Company follows a policy of expensing exploration expenditures until a
production decision in respect of the project and the Company is reasonably
assured that it will receive regulatory approval to permit mining operations,
which may include the receipt of a legally binding project approval
certificate.




Management
periodically reviews the carrying value of its investments in mineral leases and
claims with internal and external mining related professionals.  A
decision to abandon, reduce or expand a specific project is based upon many
factors including general and specific assessments of mineral deposits,
anticipated future mineral prices, anticipated future costs of exploring,
developing and operating a production mine, the expiration term and ongoing
expenses of maintaining mineral properties and the general likelihood that the
Company will continue exploration on such project.  The Company does
not set a pre-determined holding period for properties with unproven deposits,
however, properties which have not demonstrated suitable metal concentrations at
the conclusion of each phase of an exploration program are re-evaluated to
determine if future exploration is warranted, whether there has been any
impairment in value and that their carrying values are appropriate.




If an
area of interest is abandoned or it is determined that its carrying value cannot
be supported by future production or sale, the related costs are charged against
operations in the year of abandonment or determination of value.  The
amounts recorded as mineral leases and claims represent costs to date and do not
necessarily reflect present or future values.




The
Company’s exploration activities and proposed mine development are subject to
various laws and regulations governing the protection of the
environment.  These laws are continually changing, generally becoming
more restrictive.  The Company has made, and expects to make in the
future, expenditures to comply with such laws and regulations.




The
accumulated costs of properties that are developed to the stage of commercial
production will be amortized to operations through unit-of-production
depletion.












































































F-7




8






SNOWDON
RESOURCES CORPORATION


(An
Exploration Stage Company)




NOTES
TO INTERIM FINANCIAL STATEMENTS




October
31, 2008


(Unaudited)


(Stated
in U.S. Dollars)




2.           SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (Continued)




e)  Use
      of Estimates and Assumptions




The
preparation of financial statements in conformity with United States 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
reporting period. Actual results could differ from those estimates.




f)  Financial
Instruments




The
carrying values of cash and accounts payable and accrued liabilities approximate
their fair value because of the short maturity of these instruments. While the
Company’s head office operations are in Canada, the majority of its exploration
and development costs are incurred in United States dollars and the bulk of its
cash is maintained in US dollars. Consequently, the Company does not use
derivative instruments to reduce its exposure to foreign currency risk. The
Company’s financial risk is the risk that arises from fluctuations in foreign
exchange rates and the degree of volatility of these rates.




g)  Basic
and Diluted Net Income (Loss) Per Share




The
Company computes net income (loss) per share in accordance with Statement of
Financial Accounting Standards No. 128.  (“SFAS 128”) "Earnings per
Share", which requires presentation of both basic and diluted earnings per share
(“EPS”) on the face of the income statement. Basic EPS is computed by dividing
net income (loss) available to common shareholders by the weighted average
number of shares outstanding during the period. Diluted EPS gives effect to all
dilutive potential common shares outstanding during the period using the
treasury stock method and convertible preferred stock using the if-converted
method. Diluted EPS excludes all dilutive potential shares if their effect is
anti dilutive.  As the Company generated net losses in the year
presented, the basic and diluted loss per share are the same as any exercise of
options or warrants would be anti-dilutive.
















































































F-8


9


SNOWDON
RESOURCES CORPORATION


(An
Exploration Stage Company)




NOTES
TO INTERIM FINANCIAL STATEMENTS




October
31, 2008


(Unaudited)


(Stated
in U.S. Dollars)




2.       SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES (Continued)




h)  Foreign
      Currency Translation




The
Company’s functional currency is the U.S. dollar.  Transactions in
Canadian dollars are translated into U.S. dollars as follows:




i)monetary
items at the rate prevailing at the balance sheet date;


ii)non-monetary
items at the historical exchange rate;


iii)
      revenue and expense at the average rate in effect during the applicable
      accounting period.


Gains
and losses on translation are recorded in the statement of
operations.






3.       RECOVERABLE
ADVANCE




During
the six month period ended October 31, 2008, the Company paid a total of
$187,347 ($220,000 CAD) to an Alberta corporation as a recoverable advance in
connection with discussions regarding a potential business
venture.  The full amount is to be repaid on or before December 17,
2008 should the Company elect to not pursue the business
opportunity.  As part of the agreement, a $1,556 fee ($2,000 CAD) was
received from the Alberta corporation on November 21, 2008.






4.
            DUE
      TO RELATED PARTIES




The
amounts due to related parties are unsecured and interest free with no specific
terms of repayment. All related party transactions occurred in the normal course
of business and are recorded at their exchange amount, which is the amount of
consideration paid or received as established and agreed to between the related
parties.  The exchange amount was negotiated, established and agreed
to by the related parties as if they were dealing at arm’s length.


















































































F-9


10


SNOWDON
RESOURCES CORPORATION


(An
Exploration Stage Company)




NOTES
TO INTERIM FINANCIAL STATEMENTS




October
31, 2008


(Unaudited)


(Stated
in U.S. Dollars)




5.      MINERAL
CLAIM INTEREST




During
the year ended April 30, 2006, the Company acquired a 100% interest in five
mineral claims located in Gila Country, Arizona, USA.  The
consideration for the acquisition was a cash payment of $10,000, which
represented reimbursement of the cost paid by the vendor for the mineral
claims.




The
claims were re-staked in February, 2008 and a further seven contiguous claims
were added.  In order to keep the claims in good standing, a claim
maintenance fee in the amount of $125 per claim must be paid to the Bureau of
Land Management each year on or before September 1st.






6.
            CAPITAL
      STOCK




On March
22, 2006, the Company issued 10,000,000 common shares at $0.00001 per share to
two founding shareholders.




On March
10, 2008 the Company completed an initial public offering, selling 5,500,000
common shares at a price of $0.10 per share, for total proceeds of $550,000. The
shares were issued on April 4, 2008.




The
Company has no warrants or other dilutive securities.  On December 2,
2008, the Company filed a registration statement with the SEC on Form S-8 to
register 10,000,000 common shares underlying options available to be issued
through a new nonqualified stock option plan.  No options have been
issued as of December 5, 2008.






7.
            COMMITMENTS
      AND CONTRACTUAL OBLIGATIONS




On September 30, 2008, the Company
entered into an agreement with a privately held company owned by a Director of
the Company for consulting services commencing October, 2008 for three years at
the rate of $3,000 per month plus applicable goods and services
tax.




On September 30, 2008, the Company
entered into an agreement with a significant shareholder of the Company for
consulting services commencing October, 2008 for three years at the rate of
$3,000 per month plus applicable goods and services
tax.




On
September 30, 2008, the Company executed an agreement for office space and
administrative support services with a privately held company controlled by a
significant shareholder, effective July, 2008 for three years at a rate of
$2,500 per month plus applicable goods and services tax.




The
Company has no significant commitments or contractual obligations with any
parties respecting executive compensation.




























































F-10




11




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 statements are subject to certain
risks and uncertainties that could cause actual results to differ materially
from historical results or our predictions.




We are an
exploration stage mining company and currently intend to prospect for uranium on
our one property which now contains twelve claims. We acquired five claims on
April 1, 2006. The claims were re-staked in March, 2008 and increased to a total
of twelve. Each claim measures 600 feet by 1,500 feet and covers 20 acres. Total
land position is 240 acres. All claims are located in Gila County, Arizona. The
next phase of our exploration program on these claims requires approximately
$66,000, of which $15,000 is a refundable bond.




The
Company is considering acquiring further uranium claims in Arizona and
subsequent to October 31, 2008 paid $9,562 in order to keep certain additional
uranium claims active in Arizona.  The Company is evaluating whether
it will acquire the claims.  If it does, the amounts will be
expensed.  If it does not, the payments are recoverable.  A
decision on acquiring the additional claims is expected by the end of January,
2009.




We have
no ore bodies and have not yet generated any revenues from our business
operations. Accordingly, we must raise cash from sources other than the sale of
minerals found on the property. We raised $550,000 from a public offering in
March, 2008. Ultimately, our success or failure will be determined by what we
find under the ground. If we find mineralized material and it is economically
feasible to remove the mineralized material, we will attempt to raise additional
money through a subsequent private placement, public offering or through
loans.




We are
not going to buy or sell any plant or significant equipment during the next
twelve months. We will not buy any equipment until have located a body of ore
and have determined it is economical to extract the ore.




We do not
intend to hire any employees at this time. All of the work on the property will
be conducted by unaffiliated, independent contractors. Administrative work will
be handled by the directors, a part-time bookkeeper, and a financial
consultant.




During
the period ended October 31, 2008, the Company paid a total of $187,347
($220,000 CAD) to an Alberta corporation as a recoverable advance in connection
with discussions regarding a potential business venture.  The full
amount is to be repaid on or before December 17, 2008 should the Company elect
to not pursue the business opportunity.  Discussions regarding the
business opportunity are continuing and the Company expects that it will extend
the repayment period for a further 30 days to allow adequate time to complete
the discussions.  As part of the agreement, a $1,556 fee ($2,000 CAD)
was received from the Alberta corporation on November 21, 2008.




The
Company has no warrants or other dilutive securities.  On December 2,
2008, the Company filed a registration statement with the SEC on Form S-8 to
register 10,000,000 common shares underlying options available to be issued
through a new nonqualified stock option plan.  No options have been
issued as of December 5, 2008.










































































12




Milestones




Phase 1
of our exploration program, consisting of a Radon survey of the claims area was
completed in June, 2008. Four recommended drill sites have been identified, and
will form the first phase of a drilling program.




The
following are our Phase 2 milestones:




1.
            We
      will submit a Plan of Operation to the Tonto National Forest Service to
      conduct a drill program. Approval can take up to six
    months.




2.
            If
      our submission is approved, we will proceed with a reverse circulation
      drilling program at the locations recommended in the Radon survey report.
      This program will consist of 4 vertical holes drilled to a depth of 300
      feet. The cost is estimated to be approximately $25,000 and the time
      involved is estimated to be 10
days.




3.
            As
      the drill holes are completed, a radiometric, down-hole probe will be
      immediately inserted in the holes to measure gamma ray counts. Cost is
      estimated to be approximately
$6,000.




4.
            Administration
      and supervision by the field geologist during the drilling program and for
      the radiometric measurements is estimated to cost approximately
      $10,000.




5.
            Reclamation
      work cost is estimated to be approximately $10,000 and time involved is
      estimated to be 4 days. A refundable bond payment for reclamation work
      will need to be posted and is expected to be approximately
      $15,000.




Limited
Operating History; Need for Additional Capital




There is
limited 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.




We have
no assurance that future financing will be available to us on acceptable terms.
If financing is not available on satisfactory terms, we may be unable to
continue, develop or expand our operations. Equity financing could result in
additional dilution to existing shareholders.




Results
of Operations




From
Inception on March 1, 2006 to October 31, 2008




We have
no revenue and have incurred a net loss from inception to October 31, 2008 of
$206,068.




From
inception on March 1, 2006 to the point that funds were available in March, 2008
as a result of our initial public offering, we were funded by loans from
Woodburn Holdings Ltd. a corporation controlled by Robert Baker, our secretary,
and from West Peak Ventures of Canada Limited, a corporation controlled by
Timothy Brock, one of our shareholders.  These loans have been used
for the original mineral claim fee, to re-stake the property, to incorporate us,
for legal and accounting expenses, and office and sundry costs.  Those
loans were fully repaid by October 31, 2008 (April 30, 2008:
$66,258).




Cash
Requirements and Liquidity




As of the
date of this report, we have yet to generate any revenues from our business
operations. The Company has incurred a deficit of $206,068 from inception to
October 31, 2008 and has no revenue. The future of the Company is dependent upon
its ability to obtain ongoing financing and eventually, upon future profitable
operations from the development of its mineral property.




As of
October 31, 2008, cash was in excess of current liabilities by approximately
$156,000. Our total assets were $344,582, of which approximately 45% was cash,
and approximately 55% was refundable advances and recoverable goods and services
tax. Our total liabilities were $550 in accounts payable.




Our
milestones outlined above are expected to cost approximately $66,000, of which
$15,000 is a refundable bond to be posted in connection with reclamation work.
If we acquire the additional claims referred to above, exploration costs will
increase. At this time however, the acquisition of those additional claims is
not certain and we have no estimate of potential exploration costs that might be
incurred if the claims are acquired. Professional fees (legal, accounting,
audit, and regulatory reporting), Consulting, and Office and sundry are expected
to make up our other main expense categories going forward and we forecast those
to annually be in the range of $50,000, $72,000 and $35,000
respectively.




No
consideration is given here to possible cash requirements if the Company decides
to pursue the potential business opportunity in connection with which we made
recoverable advances of $187,347. If the opportunity is not pursued, we expect
that those recovered advances, together with existing cash, will cover our cash
requirements to the end of our April 30, 2010 fiscal year. If the Company does
pursue the potential business opportunity, additional cash will need to be
raised either through debt or equity, to replace those advances as well as to
cover additional cash requirements resulting from the new business opportunity
itself.












13




Notable Balance Sheet changes from April 30, 2008 are as follows:




-
            Cash
      decreased approximately $375,000 primarily due to expenditures on project
      development of our mineral claims (Radon survey and other claim-related
      costs): $73,679; recoverable advances made in connection with a potential
      business opportunity: $187,347; repayment of short term advances from
      related parties to fund start-up costs: $66,258; and professional fees:
      $24,138.




-
            Recoverable
      advances of $187,347 (April 30, 2008: $Nil) were made, as described
      above.




Notable
changes in results of operations between the interim periods presented are as
follows:




-
            Project
      development expenditures increased from Nil in the three months ended
      October 31, 2007 to $5,250 in the same three month period in 2008, as
      claim-related work increased. For the six month periods ended at the same
      respective dates, Project development expenditures increased from Nil to
      $73,679 as a result of the Radon survey and other claim-related
      expenditures.




-
            Professional
      fees increased by $5,845 in the three month, year over year period and
      $3,019 in the six month, year over year period, primarily due to the use
      of a financial consultant in the current fiscal year for preparation of
      financial statements and regulatory
filings.




-
            Office
      and sundry increased by $11,760 in the three month, year over year period
      and $14,721 in the six month, year over year period, as the development of
      the Company’s claims ramped up, with a corresponding increase in general
      and administrative activity.




-
            Consulting
      fees were higher by $6,000 for both of the comparative periods as the
      Company commenced paying consulting fees in October,
  2008.






ITEM
      3.
            QUANTITATIVE
      AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK.




We are a
smaller reporting company as defined by Rule 12b-2 of the Securities Exchange
Act of 1934 and are not required to provide the information under this
item.






ITEM
      4.
            CONTROLS
      AND PROCEDURES.




Evaluation
of Disclosure Controls and Procedures




We
maintain “disclosure controls and procedures”, as such term is defined in Rule
13a-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”), that
are designed to ensure that information required to be disclosed in our Exchange
Act reports is recorded, processed, summarized and reported within the time
periods specified in the Securities and Exchange Commission rules and forms, and
that such information is accumulated and communicated to our management,
including our Principal Executive Officer and Principal Financial Officer, as
appropriate, to allow timely decisions regarding required disclosure. We
conducted an evaluation under the supervision and with the participation of our
Principal Executive Officer and Principal Financial Officer, of the
effectiveness of the design and operation of our disclosure controls and
procedures as of the end of the period covered by this report pursuant to Rule
13a-15 of the Exchange Act. Based on this Evaluation, our Principal Executive
Officer and Principal Financial Officer concluded that our Disclosure Controls
were effective as of the end of the period covered by this report.




Changes
in Internal Controls




We have
also evaluated our internal control for financial reporting, and there have been
no significant changes in our internal controls or in other factors that could
significantly affect those controls subsequent to the date of their last
evaluation.
























































14








PART
II - OTHER INFORMATION




ITEM
1A.                                RISK
FACTORS.




We are a
smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are
not required to provide the information required under this item.






ITEM
2.                      UNREGISTERED
SALE OF EQUITY SECURITIES AND USE OF PROCEEDS




On June
14, 2007, the Securities and Exchange Commission declared our Form SB-2
Registration Statement effective (File number 333-134943) permitting us to offer
up to 10,000,000 shares of common stock at $0.10 per share.




On March
10, 2008, we completed our public offering and sold 5,500,000 shares of common
stock at an offering price of $0.10 per share for a total of $550,000. No
underwriter was involved in our public offering.  Since that time, to
December 5, 2008, we have spent the proceeds as follows:




RADON
      SURVEY AND OTHER CLAIM-RELATED EXPENSES
            $
            86,279WORKING
      CAPITAL
            
            50,862CONSULTING
            
            12,000REPAYMENT
      OF RELATED PARTIES
            
            66,258OFFERING
      EXPENSES
            
            2,963TOTAL
            $
            218,362




The Radon
survey and other claim-related expenses to date are less than the total of the
Geochemical and Geophysical surveys (which the Radon survey replaced) and other
claim-related expenses listed in the Use of Proceeds.




We
deviated from the Use of Proceeds section in our prospectus in that we spent the
following on items not contemplated in that Use of Proceeds
section:




Consulting
- $12,000


Consulting
fees paid for business development, strategic planning, and financing and
management advice from a director and from a major shareholder of the
Company.




Repayment
of related parties - $66,258


As noted
above, from the Company’s inception on March 1, 2006 to the point that funds
were available in March, 2008 as a result of our initial public offering, we
were funded by loans from related parties.  Those loans were used for
the original mineral claim fee, to re-stake the property, to incorporate us, for
legal and accounting expenses, and office and sundry costs.






























































15






ITEM
6.                      EXHIBITS.






The
following documents are included herein:






Exhibit
      No.
              Document
      Description31.1
              Certification
      of Principal Executive Officer and Principal Financial Officer pursuant to
      Section 302 of the Sarbanes-Oxley Act of 2002.32.1
              Certification
      pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief
      Executive Officer and Chief Financial
Officer.



























































































16














SIGNATURES










In
accordance with the requirements of the Exchange Act, the registrant caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized
on this 15th day of December, 2008.










SNOWDON
RESOURCES CORPORATION










BY:
            ______Bob____Baker________________________________________


Robert
      Baker, President, Principal Executive Officer, Treasurer, Principal
      Financial Officer, Principal Accounting Officer, and a member of the Board
      of Directors







































































































17














EXHIBIT
INDEX






Incorporated
      by referenceExhibit
      Number
                            Document
      Description
                            Form
                            Date
                            Number
                            Filed
      herewith3.1
                            Articles
      of Incorporation.
                            SB-2
                            06/06/06
                            3.13.2
                            Bylaws.
                            SB-2
                            06/06/06
                            3.24.1
                            Specimen
      Stock Certificate.
                            SB-2
                            06/06/06
                            4.114.1
                            Code
      of Ethics.
                            10-KSB
                            9/14/07
                            14.131.1
                            Certification
      of Principal Executive Officer and Principal Financial Officer pursuant to
      Section 302 of the Sarbanes-Oxley Act of 2002.
                            
                            
                            
                            X32.1
                            Certification
      pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief
      Executive Officer and Chief Financial Officer.
                            
                            
                            
                            X99.1
                            Subscription
      Agreement.
                            SB-2
                            06/06/06
                            99.199.2
                            Audit
      Committee Charter.
                            10-KSB
                            9/14/07
                            99.299.3
                            Disclosure
      Committee Charter.
                            10-KSB
                            9/14/07
                            99.3
















































































18