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 June 30, 2008. 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, 2007.

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, once we become operational, 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 six months ended June
30, 2008 and 2007 and the period from inception March 4, 1999 to June 30, 2008
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
                                                                                                                     (inception of
                                     Three Months        Three Months         Six Months          Six Months          development
                                        Ended               Ended               Ended               Ended                 stage)
                                       June 30,            June 30,            June 30,            June 30,           through June
                                         2008                2008                2008                2008                30,2008
                                         ----                ----                ----                ----                 ----
Total revenues                        $       -          $       -            $       -           $       -          $     86,544
Total operating expenses                415,947            725,322            1,060,183           1,131,143            21,010,839
Loss before minority interest          (517,480)          (639,546)          (1,335,361)         (1,086,731)          (29,181,772)
                                      ---------          ---------          -----------         -----------          ------------
Net loss                              $(517,472)         $(656,341)         $(1,315,192)        $(1,064,927)         $(29,153,940)

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 six months ended June 30, 2008 and 2007.

Operating expenses and net losses

Our total operating expenses for the three and six months ended June 30, 2008 were $415,947 and $1,060,183, respectively, compared to $725,322 and $1,131,143 for the three and six months ended June 30, 2007, respectively. The decrease is primarily due to stock issued to consultants for services.

No officer and director compensation was paid for the three and six months ended June 30, 2008 and 2007.

Liquidity and Capital Resources

During the three and six months ending June 30, 2008 and 2007, we incurred an
operating loss of $415,947and $1,060,183, respectively, as compared to an
operating loss of $725,322 and $1,131,143 for the three and six months ending
June 30, 2007, respectively. As of June 30, 2008, we have a deficit accumulated
during the development stage of $29,153,940.

Liquidity and Capital Resources

 Balance Sheet Data:
                                                        As of June 30, 2008
                                                        -------------------
 Working capital deficit                                       $(2,389,949)
 Total assets                                                      268,692
 Total liabilities                                               2,611,192
 Stockholders' deficit                                          (2,433,455)

As of June 30, 2008, our cash position was $72,469 and we had a working capital deficit of $2,389,949.

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 $517,472 and 1,315,192 for the three and six months ended June 30, 2008 and has an accumulated deficit and working capital deficit of $29,153,940 and $2,389,949, respectively as of June 30, 2008. 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 the latter half of 2008, the Company's emphasis will be to:
o Undertake a financing campaign of minimum $500,000.
o Prepare and implement (subject to levels of funding) a new drilling plan at the core property (Bake) based on results to date;

Further, although the acquisition at Huaqiao has not been closed as yet, management has decided to proceed as if it has and has begun to do the following, as funds permit:
o Re-start mining operations, with ore extraction from Level 6 of the mine;
o Re-commence mill operations, processing 20-25 T/day initially, with the intention of a ramp-up to full 100-125 T capacity by mid-year.
o Continue exploration activities at lower levels of the mine.

At Qinghai,

o Surface exploration activity at Yaqu, the extent of which is dependent on funding available
o As we have successfully tested our Ni-Cu plant, we plan to commence operation, eventually ramping-up to our capacity of 50T/day.
o Feasibility study and cost analysis to double or triple capacity at the plant to 150T/day.

Additional plans, in general, are:

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

More specifically details for each project:

Bake

Surface mapping has been completed for an 8 square kilometer area of interest lying within the 85 square kilometer Bake-Jiaoyun concession. The objective of the next phase is to focus activities on the most promising of the many mineralization zones that have been mapped within different sectors of the mapped portions of the property, while completing the surface mapping of the remaining 2 square kilometer area of interest.

The Company will conduct geophysical analysis as well as trenching and drilling campaigns to determine/verify the grades and thickness of the zones that are predicted in resource models and preliminary exploration results.

Upon successful raising of funds as indicated earlier, the Company intends to continue a program commenced earlier to:

a) assess and prioritize the potential of known mineralized zones by drilling at least 20 drill holes of lengths varying between 200 to 500 meters;

b) continue explore the high priority deposits near Zone 1 and Zone 2;

c) hiring independent "western" qualified geologists to prepare resource estimates to US/Canadian standards.

A drilling program is being conducted to assess the metallurgical grades of several highly prospective zones identified to date, and to further map out the property's potential resource values.

The location of the proposed drilling activity was determined by staff geologists based on previous mining activity in our immediate area which had occurred during the 1990s. There are numerous underground openings that demonstrated mine-able veins widths and gold mineralization. The area of drilling was located on the axis of the anti-cline that was known to contain turbidite style gold mineralization.

The program is designed to determine the continuity of the known existing gold veins and is being conducted to assess the metallurgical grades of several these identified prospective zones identified. We intend to do some near surface (100-200 meters) and some deeper drilling (200-500 meters) both along the ais and the flanks of the anti-cline.

In addition to ongoing geological mapping and soil sampling, we have set a six month budget of a total $50,000 to cover some of these activities, to be paid for from existing funds.

Huaqiao Project

The acquisition of Huaqiao has not as yet been closed, nevertheless management has decided to proceed with various activities related to this project that would be beneficial to us upon closing. The work involves general planning and budgeting, refurbishment and modernization of an existing mill on the property, and further resource determination.

As most planned activities planned in the first half of 2008 were not completed to lack of funds, East Delta intends to do the following in latter half of 2008 at Huaqiao, again depending on the success of financing activities:

Exploration
o Create new computerized geologic model for resource/reserve estimation
o Based on results from the mapping, model and sampling, plan drill holes.

Production
o Contract an expatriate mine manager to oversee all operations at the mine;
o Address tailings disposal concerns;
o Complete construction of new labor living quarters;
o Cost analysis study and installation of backup electrical generators
o Purchase additional ore hoppers
o Purchase and install additional production equipment as required; and
o Assess and streamline management reporting structure.

The above activities should build upon the estimated mine-able gold on this property offering the option to increase future ore production from 125-150 tonne/day (t/d) to 300 t/d or more.

Qinghai Hua Long Ding Shun Nickel Project

The property has not been explored by any western company. The initial work planned for last year was not undertaken due to lack of available funding. The Company however has carried these plans over to late 2008.

Exploration results from precious work in the area will be collected, translated, and compiled. A geologic management team will be assembled to oversee and perform the work. A baseline geologic survey will be completed. Target areas for geophysical analysis will be determined with intent to prioritize targets Underground tunnels will be mapped and sampled. All surface occurrences will be trenched and sampled. Drill targets will be identified Resource estimates completed for known mineralization by mid 2009.

Huang Yuan Plant

We have made the necessary arrangements to purchase Ni-Cu ore from a relatively low grade Nickel Copper mine within a radius of 100 kilometers of the plant. The grades from this mine tested in the range from 0.5 to 0.87% of Nickel and 1% to 1.8% of Copper. With the current elevated price of Ni and Cu, and the quality of our Ni-Cu concentrate product, our 50 ton/day plant has been estimated to have the potential to generate net profit of approximately US$1,000,000 annually. Production is scheduled to commence during the week of August 18, 2008.

The plant will produce an intermediate product, iced Nickel-Copper (Ni-CU) Aggregate, or Nickel-Copper Aggregate. Ni-Cu alloys are widely used for marine applications due to their excellent resistance to seawater corrosion, high inherent resistance to bio-fouling and good fabric ability. The major refinery can further process them to separate them into Nickel, Copper and other trace metals found in the alloy.

Our main supplier of the raw ore is located about 85 kilometers from the plant. The particular exided Ni-Cu ore that we are purchasing is relatively inexpensive due the fact very few producers have the experience in handling the particular type of ore mixture. In addition, this particular low grade deposit also contains gold, silver, platinum, palladium and cobalt. Our customer-refinery will test each production run and will likely credit us for additional metals extractable from our product.

The plant is to be operated twenty-four hours per day, in three shifts. The process will mix the raw nickel ore with other materials, such as limestone, coal, sulfur and iron ore and then be fed into the furnace. Upon reaching target temperatures the process will generate a small amount of the Nickel-Copper aggregate and residue material. The residue will be sold to the cement plants, as it contains rich iron and other minerals that are used to enhance the strength of the cement.

We have lined up four major Nickel Copper Producers as potential customers of our plant output:

1. Jin Chuan non-ferrous Metals Group Company.
2. Xin Jiang Non-Ferrous Metals Company, Ltd.
3. Cheng Du Electric Treatment Factory
4. Jilin Nickel Industry Company Ltd.

Our partner, Professor Liu Jiang is currently finalizing agreements as to pricing, payment methods, delivery schedule and other related details.

CAUTIONARY STATEMENT

This Form 10-Q, 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-Q 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-Q to reflect events or circumstances after the date of this Form 10-Q or to reflect the occurrence of unanticipated events.