The following discussion of our financial condition and results of operations should be read in conjunction with the accompanying financial statements and the related footnotes thereto.

Forward-Looking Statements

Some of the statements contained in this report discuss future expectations, contain projections of results of operations or financial condition, or state other "forward-looking" information. The words "believe," "intend," "plan," "expect," "anticipate," "estimate," "project," "goal" and similar expressions identify such statement was made. These statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on various factors and is derived using numerous assumptions. Factors that might cause or contribute to such a discrepancy include, but are not limited to the risks discussed in this and our other SEC filings. We do not promise to update forward-looking information to reflect actual results or changes in assumptions or other factors that could affect those statements. Future events and actual results could differ materially from those expressed in, contemplated by, or underlying such forward-looking statements.

The following discussion and analysis of our financial condition is as of September 30, 2007. Our results of operations and cash flows should be read in conjunction with our un-audited financial statements and notes thereto included elsewhere in this report and the audited financial statements and the notes thereto included in our Form 10-KSB for the year ended December 31, 2006.

Overview

East Delta Resources Corp., ("we", or the "Company" or "EDLT"), a Delaware corporation, was incorporated on March 4, 1999.

We are a start-up, development stage company and have not yet generated or realized any revenues from our new business operations. Since inception, we have sold our equity to raise money for property acquisitions, corporate expenses and to repay outstanding indebtedness. Our current business strategy focuses on gold exploration and mining development in main land China.

There is little historical financial information about our company upon which to base an evaluation of our performance. We have never generated any revenues from our mining operations. Accordingly, comparisons with prior periods are not meaningful. We are 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.

Our primary activity will be in gold exploration, mining development and production. We also plan to participate in other mineral exploration and mining, specifically, nickel, zinc and lead. The geographic focus is in growth mining regions in Southeast Asia, primarily in China. Our goal is to establish ourselves, in these areas, as a major force in the mining industry by bringing together a network of financing sources, management expertise, the latest mining technology and extensive local industry contacts.

Results of Operations and Financial Condition


The following selected financial data for the three and nine months ended
September, 30, 2007 and 2006 and the period from inception to September 30, 2007
is derived from the financial statements included elsewhere herein. The
following data should be read in conjunction with the financial statements of
the Company.


                                                                                                   For the period
                                                                                                    March 4, 1999
                                 Three Months     Three Months    Nine Months    Nine Months        (inception of
                                     Ended            Ended           Ended          Ended       development stage)
                                   September 30,  September 30,  September 30,  September 30,    through September 30,
                                      2007            2006            2007           2006                2007
                                ---------------- --------------- ------------------------------ ----------------------
Total revenues                      $      -          $      -       $      -      $         -       $     86,544

Total operating expenses             137,036           575,200      1,268,179         1,382,801        18,958,472

Loss before minority interest       (251,621)         (593,109)    (1,338,352)       (1,380,843)      (26,769,493)
Net loss                        $   (253,565)     $   (596,590)  $ (1,318,492)     $ (1,379,446)     $(26,748,213)

Revenues

Our operations have been fairly minimal to date, and have not generated any revenues. Accordingly, we are considered to be in the development stage as defined in Financial Accounting Standards Board Statement No. 7.

Revenues

We had no revenues during the three and nine months ended September 30, 2007 and 2006.

Operating expenses and net losses

Our total expenses for the three and nine months ended September 30, 2007 were $137,036 and $ 1,268,179, respectively, compared to $575,200 and $1,382,801 for the three and six months ended September 30, 2006, respectively. The increase is primarily due to stock issued to consultants for services.

Our average monthly recurring expenses during these three months approximated $30,000 and include salaries, office overhead, professional fees, travel, business entertainment and insurance.

No officer and director compensation was paid for the three and nine months ended September 30, 2007 and 2006.

During the three and nine months ending September 30, 2007, we incurred an operating loss of $137,036 and $ 1,268,179, respectively, as compared to an operating loss of $575,200 and $1,382,801 for the three and nine months ending September 30, 2006, respectively. As of September 30, 2007, we have a deficit accumulated during the development stage of $26,748,213.

Liquidity and Capital Resources

Balance Sheet Data:
                                 As of September 30, 2007
                                  --------------------

Working capital deficit               $   (367,678)
Total assets                               214,968
Total liabilities                        1,911,097
Stockholders' deficit                    1,820,871

As of September 30, 2007, our cash position was $ 66,788 and we had a working capital deficit of $ 367,678.

We are of the opinion that we need to obtain additional funds for the next 12 months to further develop our major property, Bake and to integrate at least one acquisition of an additional property into our operations. And the subsequent progress on this acquisition and on any additional acquisitions will depend on our ability to find financing in the order of several million dollars.

East Delta is in the development stage and will require a significant amount of capital to proceed with its business plan. East Delta's ability to continue as a going concern is ultimately contingent upon its ability to attain profitable operations through the successful development of its business model and/or the integration of an operating business. As shown in the accompanying consolidated financial statements, East Delta incurred losses of $1,318,492 for the nine months ended September 30, 2007 and has an accumulated deficit and working capital deficit of $26,748,213 and $367,678, respectively as of September 30, 2007. These conditions raise substantial doubt as to East Delta's ability to continue as a going concern. Management's plans include obtaining additional capital through debt or equity financing. The consolidated financial statements do not include any adjustments that might be necessary if East Delta is unable to continue as a going concern.

Plan of Operations

Overall, during 2007 and early 2008, the Company's emphasis will be to:

a) complete drilling at the core property (Bake) per exploration plan;
b) develop additional drilling programs over an expanded area at the site;
c) define the mineral resources and reserves uncovered to date at Bake in accordance with US/Canadian reporting standards.

At Huaqiao, the work will be to:

c) map, sample and plan drill program at Huaqiao;
d) re-commence mining operations;
e) addressing environmental and safety issues; construct a tailings pool;
f) develop plans for expanding capacity.

Additional plans for China are:

g) Complete ongoing property acquisitions and seek other acquisitions;
h) Consolidate the acquisitions by integrating them into the Company's Chinese operations.

Sino-Canadian Metals Inc.

Sino-Canadian Metals plans to invest in a joint venture in China, Qinghai Dong Zhou Metals Development Company Limited. Dong Zhou is currently building a small pilot project to process up to 50 tonnes of nickel ore. Preparations are under way to start to produce nickel by late winter/early spring 2008. A factory has been rented and all necessary equipment is being purchased and installed. In addition, Dong Zhou is negotiating with two regional nickel mines for their raw material for this plant.

CAUTIONARY STATEMENT

This Form 10-QSB, press releases and certain information provided periodically in writing or orally by our officers or our agents contain statements which constitute forward-looking statements within the meaning of Section 27A of the Securities Act, as amended and Section 21E of the Securities Exchange Act of 1934. The words expect, anticipate, believe, goal, plan, intend, estimate and similar expressions and variations thereof if used are intended to specifically identify forward-looking statements. Those statements appear in a number of places in this Form 10-QSB and in other places, particularly, Management's Discussion and Analysis or Results of Operations, and include statements regarding the intent, belief or current expectations us, our directors or our officers with respect to, among other things: (i) our liquidity and capital resources; (ii) our financing opportunities and plans and (iii) our future performance and operating results. Investors and prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The factors that might cause such differences include, among others, the following: (i) any material inability to successfully internally develop our products; (ii) any adverse effect or limitations caused by Governmental regulations; (iii) any adverse effect on our positive cash flow and ability to obtain acceptable financing in connection with our growth plans;
(iv) any increased competition in business; (v) any inability to successfully conduct our business in new markets; and (vi) other risks including those identified in our filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise the forward looking statements made in this Form 10-QSB to reflect events or circumstances after the date of this Form 10-QSB or to reflect the occurrence of unanticipated events.