-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OnOyVo9bLYO1h31dxNiJXbs2YX7RJCyNkDbh0ebrieq6x5ZPw7cx53UpUuPjAi12
 HPfGSE8PxItUEbXjWMIsDw==

<SEC-DOCUMENT>0001273511-07-000018.txt : 20070306
<SEC-HEADER>0001273511-07-000018.hdr.sgml : 20070306
<ACCEPTANCE-DATETIME>20070306164740
ACCESSION NUMBER:		0001273511-07-000018
CONFORMED SUBMISSION TYPE:	10QSB/A
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20061231
FILED AS OF DATE:		20070306
DATE AS OF CHANGE:		20070306

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Blanca Corp.
		CENTRAL INDEX KEY:			0001384195
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				980495938
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		10QSB/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-140024
		FILM NUMBER:		07675357

	BUSINESS ADDRESS:	
		STREET 1:		#114, 219 GRANT STREET
		CITY:			SASKATOON
		STATE:			A9
		ZIP:			S7N 2A1
		BUSINESS PHONE:		306-880-2441

	MAIL ADDRESS:	
		STREET 1:		#114, 219 GRANT STREET
		CITY:			SASKATOON
		STATE:			A9
		ZIP:			S7N 2A1
</SEC-HEADER>
<DOCUMENT>
<TYPE>10QSB/A
<SEQUENCE>1
<FILENAME>blanca10qsba1206.htm
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Form 10-QSB</TITLE>
<META NAME="author" CONTENT="Donna Moroney">
<META NAME="date" CONTENT="03/06/2007">
</HEAD>
<BODY style="line-height:12pt; font-size:10pt; color:#000000">
<P style="margin:0pt; font-family:Times New Roman" align=justify></P>
<P style="margin:0pt; padding-right:18pt; font-family:Arial" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>UNITED STATES</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>SECURITIES AND EXCHANGE COMMISSION</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Washington, DC 20549</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>FORM 10-QSB/A</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>AMENDMENT NO. 1</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>[X]</P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>For the quarterly period ended <B>December</B> <B>31, 2006</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>[ ]</P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>For the transition period from __________ to __________</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Commission File Number - &nbsp;<B>333-140024</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B><U>Blanca Corp.</U></B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><I>(Exact name of Small Business Issuer as specified in its charter)</I></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; text-indent:37.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B><U>Nevada</U></B></P>
<P style="margin-top:0pt; margin-bottom:-13pt; text-indent:364.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B><U>98-0495938</U></B></P>
<P style="margin:0pt; text-indent:432pt; font-family:Times New Roman; font-size:11pt"><B><U><BR></U></B></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><I>(State or other jurisdiction of </I></P>
<P style="margin:0pt; text-indent:364.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><I>(IRS Employer </I></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><I>incorporation)</I></P>
<P style="margin:0pt; text-indent:364.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><I>Identification No.)</I></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B><U>Unit 114, 219 Grant St., Saskatoon, SK, S7N 2A1</U></B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><I>&nbsp;(Address of principal executive offices)</I></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B><U>306-880-2441</U></B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><I>&nbsp;(Issuer&#146;s telephone number)</I></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>_________________________________________________________________</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><I>(Former name, former address and former fiscal year if changed since last report)</I></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>State the number of shares outstanding of each of the issuer&#146;s classes of common equity, as of the latest practicable date: &nbsp;<B><U>54,742,500</U></B><U> </U><B><U>shares of Common Stock as at December 31, 2006</U></B><U>.</U></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Transitional Small Business Disclosure Format (check one): &nbsp;Yes [ &nbsp;] &nbsp;&nbsp;No [X]</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="background-color:#FFFFFF; margin:0pt; font-family:Times New Roman; font-size:11pt">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of &#145;&#145;accelerated filer and large accelerated filer&#146;&#146; in Rule 12b-2 of the Exchange Act. (Check one):</P>
<P style="background-color:#FFFFFF; margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Large accelerated filer [ &nbsp;&nbsp;]</P>
<P style="margin-top:0pt; margin-bottom:-13pt; text-indent:180pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Accelerated filer [ &nbsp;&nbsp;]</P>
<P style="margin:0pt; text-indent:324pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Non-accelerated filer [ X ]</P>
<P style="background-color:#FFFFFF; margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="background-color:#FFFFFF; margin:0pt; font-family:Times New Roman; font-size:11pt">Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).</P>
<P style="background-color:#FFFFFF; margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="background-color:#FFFFFF; margin:0pt; font-family:Times New Roman; font-size:11pt">Yes &nbsp;&nbsp;[X &nbsp;] &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No [ &nbsp;&nbsp;]</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B><U>EXPLANATORY NOTE</U></B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>The Registrant hereby amends its quarterly report on Form 10QSB for the period ended December 31, 2006 solely for the purpose of amending the Registrant&#146;s designation as a shell company as defined by SEC Release No. 33-8587 and to amend the Registrant&#146;s designation as a non-accelerated filer..</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman" align=center><BR></P>
<P style="margin:0pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>PART I &nbsp;FINANCIAL INFORMATION</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>Item 1.</B></P>
<B><P style="margin:0pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Financial Statements</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>GENERAL</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Our unaudited financial statements for the three months ended December 31, 2006 are included with this Form 10-QSB. &nbsp;The unaudited financial statements for the three months ended December 31, 2006 include:</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(a)</P>
<P style="margin:0pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Balance Sheet as of December 31, 2006, and September 30, 2006;</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(b)</P>
<P style="margin:0pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Statement of Operations &#150; three months ended December 31, 2006 and 2005 and July 30, 2004 (Date of Inception) to December 31, 2006;</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(c)</P>
<P style="margin:0pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Statement of Cash flows &#150; three months ended December 31, 2006 and 2005 and July 30, 2004 (Date of Inception) to December 31, 2006;</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(d)</P>
<P style="margin:0pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Statement of Changes in Stockholders' Equity (Deficiency); and</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(e)</P>
<P style="margin:0pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Notes to Financial Statements.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>The unaudited financial statements have been prepared in accordance with the instructions to Form 10-QSB and, therefore, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations, cash flows, and stockholders&#146; equity in conformity with generally accepted accounting principles. &nbsp;In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. &nbsp;Operating results for the three months ended December 31, 2006 are not necessarily indicative of the results that can be expected for the fiscal year ending September 30, 2007.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<BR>
<BR>
<BR>
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman"></P>
<P style="margin:0pt; padding-right:18pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>BLANCA CORP.</B></P>
<P style="margin-top:12pt; margin-bottom:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(A Pre-exploration Stage Company)</P>
<P style="margin-top:12pt; margin-bottom:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>INTERIM FINANCIAL STATEMENTS</P>
<P style="margin-top:12pt; margin-bottom:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>December 31, 2006</P>
<P style="margin-top:12pt; margin-bottom:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(Stated in US Dollars)</P>
<P style="margin-top:12pt; margin-bottom:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(<U>Unaudited</U>)</P>
<P style="margin-top:12pt; margin-bottom:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<BR>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>BLANCA CORP.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(A Pre-exploration Stage Company)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>INTERIM BALANCE SHEETS</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>December 31, 2006 and September 30, 2006</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(Stated in US Dollars)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(<U>Unaudited</U>)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<TABLE cellspacing=0><TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>December 31,</P>
</TD><TD valign=top width=113.533><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>September 30,</P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2006</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=113.533><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2006</P>
</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; padding-left:196.35pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify><B><U>ASSETS</U></B></P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Current</P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; text-indent:13.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Cash</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:18.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>25,989</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=113.533><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:21.45pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>21,849</P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=630.533 colspan=3><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B><U>LIABILITIES</U></B></P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Current</P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; text-indent:13.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Accounts payable and accrued liabilities</P>
</TD><TD valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:23.8pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>9,306</P>
</TD><TD valign=top width=113.533><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:26.95pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>7,306</P>
</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; text-indent:13.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Related party loan &#150; Notes 4 and 7</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:18.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>30,100</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=113.533><P style="margin:0pt; text-indent:21.45pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>10,100</P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:18.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>39,406</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=113.533><P style="margin:0pt; text-indent:21.45pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>17,406</P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=630.533 colspan=3><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B><U>STOCKHOLDERS&#146; EQUITY (DEFICIENCY</U>)</B></P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Common stock, $0.001 par value </P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409 rowspan=2><P style="margin:0pt; padding-left:18.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>75,000,000 shares authorized</P>
<P style="margin:0pt; padding-left:18.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>54,742,500 (2006: 54,742,500) shares issued &#150; Note 4</P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=108><P style="margin:0pt; text-indent:18.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>54,743</P>
</TD><TD valign=top width=113.533><P style="margin:0pt; text-indent:21.45pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>54,743</P>
</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Additional paid-in capital</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:11pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(19,350)</P>
</TD><TD valign=top width=113.533><P style="margin:0pt; text-indent:14.15pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(19,753)</P>
</TD></TR>
<TR><TD valign=top width=409><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Deficit accumulated during the pre-exploration stage </P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:11pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(48,810)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=113.533><P style="margin:0pt; text-indent:14.15pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(30,547)</P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:11pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(13,417)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=113.533><P style="margin:0pt; text-indent:26.95pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>4,443</P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD style="border-bottom:2pt double #000000" valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:18.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>25,989</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=113.533><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:21.45pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>21,849</P>
</TD></TR>
<TR><TD valign=top width=409>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=113.533>&nbsp;</TD></TR>
</TABLE>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman" align=center>SEE ACCOMPANYING NOTES</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<BR>
<BR>
<BR>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>BLANCA CORP.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(A Pre-exploration Stage Company)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>INTERIM STATEMENTS OF OPERATIONS</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>for the three months ended December 31, 2006 and 2005 and</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>for the period July 30, 2004 (Date of Inception) to December 31, 2006</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(Stated in US Dollars)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(<U>Unaudited</U>)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<TABLE cellspacing=0><TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=109.267>&nbsp;</TD><TD valign=top width=102>&nbsp;</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>July 30, </P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=109.267>&nbsp;</TD><TD valign=top width=102>&nbsp;</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2004</P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=109.267>&nbsp;</TD><TD valign=top width=102>&nbsp;</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Date of</P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=211.267 colspan=2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Three months ended</P>
</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Inception) to</P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=211.267 colspan=2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>December 31,</P>
</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>December 31,</P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=109.267><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2006</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=102><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2005</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2006</P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=109.267><P style="margin:0pt; text-indent:57.6pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD><TD valign=top width=102><P style="margin:0pt; text-indent:57.6pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:57.6pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Expenses</P>
</TD><TD valign=top width=109.267>&nbsp;</TD><TD valign=top width=102>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Accounting and audit fees</P>
</TD><TD valign=top width=109.267><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:27.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>3,100</P>
</TD><TD valign=top width=102><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:45.35pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD><TD valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:28.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>7,600</P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Bank charges</P>
</TD><TD valign=top width=109.267><P style="margin:0pt; text-indent:41.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>32</P>
</TD><TD valign=top width=102><P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:36.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>205</P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Interest expense &#150; Note 5</P>
</TD><TD valign=top width=109.267><P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>403</P>
</TD><TD valign=top width=102><P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:36.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>403</P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Management fees &#150; Note 4</P>
</TD><TD valign=top width=109.267><P style="margin:0pt; text-indent:27.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>4,000</P>
</TD><TD valign=top width=102><P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:22.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>23,200</P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Mineral property costs</P>
</TD><TD valign=top width=109.267><P style="margin:0pt; text-indent:27.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>3,953</P>
</TD><TD valign=top width=102><P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:28.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>4,557</P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Office and miscellaneous</P>
</TD><TD valign=top width=109.267><P style="margin:0pt; text-indent:27.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>1,259</P>
</TD><TD valign=top width=102><P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:28.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>2,466</P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Telephone</P>
</TD><TD valign=top width=109.267><P style="margin:0pt; text-indent:27.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>1,028</P>
</TD><TD valign=top width=102><P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:28.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>3,283</P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Transfer agent and filing fees</P>
</TD><TD valign=top width=109.267><P style="margin:0pt; text-indent:27.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>2,000</P>
</TD><TD valign=top width=102><P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:28.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>2,120</P>
</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Travel</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=109.267><P style="margin:0pt; text-indent:27.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>2,488</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=102><P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:28.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>4,976</P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=109.267>&nbsp;</TD><TD valign=top width=102>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Net loss for the period</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=109.267><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:14.95pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(18,263)</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=102><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:41.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:15.45pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(48,810)</P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=109.267>&nbsp;</TD><TD valign=top width=102>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Basic and diluted loss per share</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=109.267><P style="margin-top:0pt; margin-bottom:-13pt; padding-right:0.9pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; padding-right:0.9pt; text-indent:24.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(0.00)</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=102><P style="margin-top:0pt; margin-bottom:-13pt; padding-right:0.9pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; padding-right:0.9pt; text-indent:26.85pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(0.00)</P>
</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=109.267>&nbsp;</TD><TD valign=top width=102>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=292.733><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Weighted average number of shares</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>&nbsp;outstanding</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=109.267><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>54,742,500</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=102><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:5.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>30,000,000</P>
</TD><TD valign=top width=108><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD></TR>
<TR><TD valign=top width=292.733>&nbsp;</TD><TD valign=top width=109.267>&nbsp;</TD><TD valign=top width=102><P style="margin:0pt; text-indent:63.9pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD><TD valign=top width=108>&nbsp;</TD></TR>
</TABLE>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman" align=center>SEE ACCOMPANYING NOTES</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<BR>
<BR>
<BR>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>BLANCA CORP.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(A Pre-exploration Stage Company)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>INTERIM STATEMENTS OF CASH FLOWS</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>for the three months ended December 31, 2006 and 2005 and</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>for the period July 30, 2004 (Date of Inception) to December 31, 2006</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(Stated in US Dollars)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(<U>Unaudited</U>)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<TABLE cellspacing=0><TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>July 30, </P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2004</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Date of</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=204 colspan=2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Three months ended</P>
</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Inception) to</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=204 colspan=2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>December 31,</P>
</TD><TD valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>December 31,</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2006</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=96><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2005</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2006</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108><P style="margin:0pt; text-indent:57.6pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD><TD valign=top width=96><P style="margin:0pt; text-indent:57.6pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:57.6pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Operating Activities</P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Net loss for the period</P>
</TD><TD valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:18.85pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(18,263)</P>
</TD><TD valign=top width=96><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:15.45pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(48,810)</P>
</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Items not affecting cash:</P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:23.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Interest expense</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:39.9pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>403</P>
</TD><TD valign=top width=96><P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:36.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>403</P>
</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:23.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Management fees</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:52.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=96><P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:28.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>2,000</P>
</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Changes in non-cash working capital</P>
<P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>&nbsp;balances related to operations</P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:23.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Accounts payable and accrued</P>
<P style="margin:0pt; text-indent:23.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>&nbsp;liabilities</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:31.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>2,000</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=96><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:28.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>9,306</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:0.9pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Cash used in operating activities</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:18.85pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(15,860)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=96><P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:15.45pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(37,101)</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:0.9pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Financing Activities</P>
</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Capital stock issued</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:52.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=96><P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:22.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>32,990</P>
</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; text-indent:14.4pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Increase in related party loan</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:26.15pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>20,000</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=96><P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:22.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>30,100</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Cash from financing activities</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:26.15pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>20,000</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=96><P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:22.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>63,090</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Increase in cash during the period</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:31.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>4,140</P>
</TD><TD valign=top width=96><P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=108><P style="margin:0pt; text-indent:22.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>25,989</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Cash, beginning of the period</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:26.15pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>21,849</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=96><P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=108><P style="margin:0pt; text-indent:49.35pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
<TR><TD valign=top width=300><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Cash, end of the period</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:26.15pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>25,989</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=96><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:37.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=108><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:22.75pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>25,989</P>
</TD></TR>
<TR><TD valign=top width=300>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD><TD valign=top width=96>&nbsp;</TD><TD valign=top width=108>&nbsp;</TD></TR>
</TABLE>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Non-cash Transaction &#150; Note 5</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman" align=center>SEE ACCOMPANYING NOTES</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<BR>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>BLANCA CORP.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(A Pre-exploration Stage Company)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>INTERIM STATEMENT OF STOCKHOLDERS&#146; EQUITY (DEFICIENCY)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>for the period July 30, 2004 (Date of Inception) to December 31, 2006</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(Stated in US Dollars)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(<U>Unaudited</U>)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<TABLE cellspacing=0><TR><TD valign=top width=227.933>&nbsp;</TD><TD valign=top width=90.067>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Deficit</P>
</TD><TD valign=top width=90>&nbsp;</TD></TR>
<TR><TD valign=top width=227.933>&nbsp;</TD><TD valign=top width=90.067>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Accumulated</P>
</TD><TD valign=top width=90>&nbsp;</TD></TR>
<TR><TD valign=top width=227.933>&nbsp;</TD><TD valign=top width=90.067>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>During the</P>
</TD><TD valign=top width=90>&nbsp;</TD></TR>
<TR><TD valign=top width=227.933>&nbsp;</TD><TD valign=top width=90.067>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Additional</P>
</TD><TD valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Pre-</P>
</TD><TD valign=top width=90>&nbsp;</TD></TR>
<TR><TD valign=top width=227.933>&nbsp;</TD><TD valign=top width=180.067 colspan=2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>*Common Shares</P>
</TD><TD valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Paid-in</P>
</TD><TD valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Exploration</P>
</TD><TD valign=top width=90>&nbsp;</TD></TR>
<TR><TD valign=top width=227.933>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90.067><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Number</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Par Value</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Capital</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Stage</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Total</P>
</TD></TR>
<TR><TD valign=top width=227.933>&nbsp;</TD><TD valign=top width=90.067>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Capital stock issued for services</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>&nbsp;&nbsp;&nbsp;&#150; at $0.000067</P>
</TD><TD valign=top width=90.067><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; text-indent:4.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>30,000,000</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:21.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>30,000</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:12.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(28,000)</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:53.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:30.35pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>2,000</P>
</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Net loss for the period</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90.067><P style="margin:0pt; text-indent:50.35pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:48.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:46.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:25.1pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(2,280)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:23.05pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(2,280)</P>
</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Balance, as at September 30, 2004 and 2005</P>
</TD><TD valign=top width=90.067><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:4.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>30,000,000</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; text-indent:21.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>30,000</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:12.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(28,000)</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:25.1pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(2,280)</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:31.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(280)</P>
</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Capital stock issued for cash</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>&nbsp;&nbsp;&nbsp;&#150; at $0.0013</P>
</TD><TD valign=top width=90.067><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; text-indent:4.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>24,742,500</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:21.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>24,743</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; text-indent:25.1pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>8,247</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; text-indent:53.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=90><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; text-indent:24.85pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>32,990</P>
</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Net loss for the year</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90.067><P style="margin:0pt; text-indent:41pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:38.9pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:46.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:19.6pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(28,267)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:17.55pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(28,267)</P>
</TD></TR>
<TR><TD valign=top width=227.933>&nbsp;</TD><TD valign=top width=90.067>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Balance, September 30, 2006</P>
</TD><TD valign=top width=90.067><P style="margin:0pt; text-indent:4.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>54,742,500</P>
</TD><TD valign=top width=90><P style="margin:0pt; text-indent:21.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>54,743</P>
</TD><TD valign=top width=90><P style="margin:0pt; text-indent:12.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(19,753)</P>
</TD><TD valign=top width=90><P style="margin:0pt; text-indent:19.6pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(30,547)</P>
</TD><TD valign=top width=90><P style="margin:0pt; text-indent:30.35pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>4,443</P>
</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Imputed interest &#150; Note 5</P>
</TD><TD valign=top width=90.067><P style="margin:0pt; text-indent:41pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=90><P style="margin:0pt; text-indent:48.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=90><P style="margin:0pt; text-indent:33.35pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>403</P>
</TD><TD valign=top width=90><P style="margin:0pt; text-indent:53.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD valign=top width=90><P style="margin:0pt; text-indent:38.6pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>403</P>
</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Net loss for the period</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90.067><P style="margin:0pt; text-indent:41pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:48.25pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:46.2pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:19.6pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(18,263)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=90><P style="margin:0pt; text-indent:17.55pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(18,263)</P>
</TD></TR>
<TR><TD valign=top width=227.933>&nbsp;</TD><TD valign=top width=90.067>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD><TD valign=top width=90>&nbsp;</TD></TR>
<TR><TD valign=top width=227.933><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Balance, December 31, 2006</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=90.067><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:4.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>54,742,500</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=90><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:21.65pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>54,743</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=90><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:12.3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(19,350)</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=90><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:19.6pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(48,810)</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=90><P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; text-indent:17.55pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>(13,417)</P>
</TD></TR>
</TABLE>
<P style="margin:0pt; padding-left:-5.5pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; padding-left:-5.5pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B>* </B>On July 29, 2006, the Company&#146;s shares were forward split on a 15 new for 1 old basis. &nbsp;The number of shares issued, par value and additional paid-in capital have been restated to reflect this forward split.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman" align=center>SEE ACCOMPANYING NOTES</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<BR>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<BR>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>BLANCA CORP.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(A Pre-exploration Stage Company)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>NOTES TO THE INTERIM FINANCIAL STATEMENTS</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>December 31, 2006</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(Stated in US Dollars)</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>(<U>Unaudited</U>)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Note 1</P>
<P style="margin:0pt; text-indent:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>Interim Reporting</U></P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>While information presented in the accompanying interim financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the interim period presented. &nbsp;All adjustments are of a normal recurring nature. &nbsp;It is suggested that these interim financial statements be read in conjunction with the Company&#146;s September&nbsp;30, 2006 financial statements. &nbsp;Operating results for the period ended September 30, 2006 are not necessarily indicative of the results that can be expected for the year ending September 30, 2007.</P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:54pt; text-indent:-54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Note 2</P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><U>Continuance of Operations</U></P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>These financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next twelve months. &nbsp;Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. &nbsp;At December 31, 2006, the Company had not yet achieved profitable operations, has accumulated losses of $48,810 since its inception, has a working capital deficiency of $13,417 and expects to incur further losses in the development of its business, all of which casts substantial doubt about the Company&#146;s ability to continue as 
a going concern. &nbsp;The Company&#146;s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. &nbsp;Management has no formal plan in place to address this concern but considers that the Company will be able to obtain additional funds by equity financing and/or related party advances, however there is no assurance of additional funding being available.</P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>The Company has filed a prospectus with the Securities and Exchange Commission on form SB-2 for the registration of up to 24,742,500 common shares at $0.10 per share. &nbsp;These shares will be sold by existing shareholders and the Company will not receive any proceeds from this sale. &nbsp;The Company also intends to seek a listing on the United States Over-the-Counter Bulletin Board.</P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:54pt; text-indent:-54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Note 3</P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>Mineral Property</U></P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><U>Blanca Mineral Claim</U></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>The Company staked a mineral claim known as the Blanca 1 Project located in the Atlin Mining District in the Northwest British Columbia, Canada.</P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Note 4</P>
<P style="margin:0pt; text-indent:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>Related Party Transactions</U> &#150; Note 5</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; padding-left:56.1pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The Company was charged the following by a director of the Company:</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<TABLE cellspacing=0><TR><TD valign=top width=152.4>&nbsp;</TD><TD valign=top width=112.2>&nbsp;</TD><TD valign=top width=99.733>&nbsp;</TD><TD valign=top width=137.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>July 30, 2004</P>
</TD></TR>
<TR><TD valign=top width=152.4>&nbsp;</TD><TD valign=top width=112.2>&nbsp;</TD><TD valign=top width=99.733>&nbsp;</TD><TD valign=top width=137.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Date of</P>
</TD></TR>
<TR><TD valign=top width=152.4>&nbsp;</TD><TD valign=top width=211.933 colspan=2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Three months ended</P>
</TD><TD valign=top width=137.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Inception) to</P>
</TD></TR>
<TR><TD valign=top width=152.4>&nbsp;</TD><TD valign=top width=211.933 colspan=2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>December 31,</P>
</TD><TD valign=top width=137.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>December 31,</P>
</TD></TR>
<TR><TD valign=top width=152.4>&nbsp;</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=112.2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2006</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=99.733><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2005</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=137.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>2006</P>
</TD></TR>
<TR><TD valign=top width=152.4>&nbsp;</TD><TD valign=top width=112.2>&nbsp;</TD><TD valign=top width=99.733>&nbsp;</TD><TD valign=top width=137.133>&nbsp;</TD></TR>
<TR><TD valign=top width=152.4><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Management fees</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=112.2><P style="margin-top:0pt; margin-bottom:-13pt; padding-right:-9.6pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; padding-right:-9.6pt; text-indent:25.95pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>4,000</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=99.733><P style="margin-top:0pt; margin-bottom:-13pt; padding-right:-9.6pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; padding-right:-9.6pt; text-indent:37.7pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>-</P>
</TD><TD style="border-bottom:2pt double #000000" valign=top width=137.133><P style="margin-top:0pt; margin-bottom:-13pt; padding-right:-9.6pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>$</P>
<P style="margin:0pt; padding-right:-9.6pt; text-indent:29.8pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>23,200</P>
</TD></TR>
</TABLE>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; padding-left:56.1pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The related party loan is due to a director of the Company for funds advanced. &nbsp;The loan is unsecured, non-interest bearing and has no specific terms for repayment.</P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Note 5</P>
<P style="margin:0pt; text-indent:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>Non-cash Transaction</U></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Investing and financing activities that do not have an impact on current cash flows are excluded from the statements of cash flows.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>During the three months ended December 31, 2006, the Company recorded the imputed interest expense of $403 (10%) to the director of the Company. &nbsp;Additional paid-in capital has been increased accordingly.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">During the period July 30, 2004 (date of inception) to December 31, 2006, the Company issued 30,000,000 common shares of the Company to a director of the company for management fees totalling $2,000.</P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; text-indent:54pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>These transactions have been excluded from the statements of cash flows.</P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; padding-left:54pt; text-indent:-54pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<BR>
<BR>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>Item 2.</B></P>
<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>&nbsp;&nbsp;Management&#146;s Discussion and Analysis or Plan of Operation</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B><U>Forward Looking Statements</U></B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>This report on Form 10-QSB contains certain forward-looking statements within the meaning of section 21e of the <I>Securities Exchange Act of 1934</I>, as amended, and other applicable securities laws. &nbsp;All statements other than statements of historical fact are &#147;<I>forward-looking statements</I>&#148; for purposes of these provisions, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies, and objectives of management for future operation; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief; and any statement of assumptions underlying any of the foregoing. &nbsp;Such forward-looking statements are subject to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking s
tatements. &nbsp;</P>
<P style="margin:0pt; padding-left:72pt; text-indent:-72pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:72pt; text-indent:-72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>OVERVIEW</B></P>
<P style="margin:0pt; padding-left:72pt; text-indent:-72pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>We are a start-up mineral exploration company. &nbsp;We have had no revenues as of the end of our most recent fiscal year and we have only recently begun operations. &nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Our principal offices are located at #114, 219 Grant Street, Saskatoon, Saskatchewan, S7N 2A1. &nbsp;Our telephone number is (360)-880-2441. &nbsp;Our fiscal year end is September 30.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>On August 1, 2006 we staked a 405 hectare (approximately 1,000 acres) mineral claim in the Province of British Columbia, Canada using an online staking system operated by the government of British Columbia. &nbsp;The name of this claim is &#147;<I>Blanca 1</I>&#148;.. </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>We paid approximately $147 to the Province of British Columbia to acquire the mineral rights to the Blanca 1 claim. In order to maintain our claim, we need to spend approximately $1,350 in exploration expenses for each of the three years beginning on August 1, 2007, and approximately $1,700 for each of the subsequent years. &nbsp;Instead of incurring exploration expenses, we may pay these amounts to the Province of British Columbia. &nbsp;If we fail to either incur these exploration expenses or make payments in the equivalent amounts our claim will be forfeited.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>Plan of Operations</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Our plan of operations is to carry out exploration of the Blanca 1 mineral property. Our specific exploration plan for the mineral property, together with information regarding the location and accessibility, geology, &nbsp;age and structure of the mineral property, and general considerations related to uranium mineralization, is presented in this prospectus under the heading &#147;Description of Property&#148;. &nbsp;Our exploration program is preliminary in nature in that its completion will not result in a determination that the mineral property contains commercially exploitable quantities of mineralization. We require additional financing in order to complete full exploration of the mineral claim. We do not have sufficient financing to complete the purchase of the mineral rights or to explore the mineral claim at present and there is no assurance that we will be able to obtain the necessary financing.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Our objective is to conduct exploration activities on our mineral claim to assess whether the claim has any commercially viable gold or silver deposits. <B>Until we can validate otherwise, the claim is without known resources or reserves and we have planned a one phase program to explore our claim. &nbsp;</B>Access to the claim is restricted to the period of June 1 to October 15 of each year due to snow in the area. This means that our exploration activities are limited to a period of about four and a half months per year. &nbsp;We will explore our claim between June 1, 2007 and October 15, 2007 and our goal is to complete our first phase of exploration within this period. A small programme of stream sediment and rock sampling, based upon a budget of $22,000, is proposed to confirm the economic significance of the property. &nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>If our exploration activities indicate that there are no commercially viable gold deposits on our mining claims we will abandon the claims and stake one or more new claims to explore in British Columbia. &nbsp;We will continue to stake and explore claims in British Columbia as long as we can afford to do so.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Our most recent cash needs have been met by loans from Mr. Elgood our president and prior to that by equity financing via private placements. &nbsp;Mr. Elgood has been providing financing to us to meet our needs to make it to the next equity or debt financing, although there is no assurance that funds of this kind will be ongoing. &nbsp;All loans from directors or employees are non-interest bearing with no specific terms of repayment. &nbsp;It is expected that these loans will be repaid when further debt or equity financing or revenues from operations allows the possibility of &nbsp;repayment. &nbsp;It is our goal to raise $200,000 over the next 12 months. &nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>RESULTS OF OPERATIONS</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify>We incurred a loss $18,263 for the three months ended December 31, 2006 compared to a loss of $0 for the three months ended December 31, 2005 as the company was not active for that period. &nbsp;Professional fees were $3,100 for the three months ended December 31, 2006 and $0 for the corresponding quarter of December 31, 2005 again because the company was not active for this period. &nbsp;Management expense totalled $4000 for the three months ended December 31, 2006 and $0 for the three months ending December 31, 2005. &nbsp;&nbsp;We are engaged in business for profit, but cannot predict future profitability. &nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>LIQUIDITY AND CAPITAL RESOURCES</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>We had cash of $25,989 as of December 31, 2006. &nbsp;We anticipate that we will operate at a loss for the foreseeable future. We hope to expand our team as soon as possible but there is no indication that this is inevitable. &nbsp;Our management is currently providing capital through debt financing. &nbsp;We have no agreements for additional financing and we can provide no assurance that additional funding will be available to us on acceptable terms in order to enable us to complete any plan of operations. &nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>We have limited assets and will require significant capital to complete any future research and development programs. &nbsp;We do not know the specific financial requirements of the projects, products or ventures in which we may eventually participate, and therefore do not know what our exact capital needs will be. &nbsp;In addition, we may incur substantial costs in connection with any research and/or negotiations for business opportunities, which may deplete our assets.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 3.</B></P>
<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>&nbsp;&nbsp;&nbsp;Controls and Procedures</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:30.3pt; text-indent:-30.3pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(a)</P>
<P style="margin:0pt; padding-left:30.3pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>Evaluation of disclosure controls and procedures</B>. Based on the evaluation of our disclosure controls and procedures (as defined in Rules 13a-14(c) and 15d-14(c) under the <I>Securities Exchange Act of 1934</I>) as of a date within 90 days of the filing date of this Quarterly Report on Form 10-QSB, our principal executive officer and principal financial officer has concluded that our disclosure controls and procedures are designed to ensure that the information we are required to disclose in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms and are operating in an effective manner.</P>
<P style="margin:0pt; padding-left:30.3pt; text-indent:-30.3pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:30.3pt; text-indent:-30.3pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(b) </P>
<P style="margin:0pt; padding-left:30.3pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>Changes in internal controls</B>. There were no significant changes in our internal controls or in other factors that could significantly affect these controls subsequent to the date of their most recent evaluation.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>PART II &#150; OTHER INFORMATION</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Item 1.</P>
<P style="margin:0pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Legal Proceedings</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>None</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Item 2. </P>
<P style="margin:0pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Changes in Securities and Use of Proceeds</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>None</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Item 3.</P>
<P style="margin:0pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Defaults Upon Senior Securities: &nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>None</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Item 4. </P>
<P style="margin:0pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Submission of Matters to a Vote of Security Holders: &nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>None</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Item 5.</P>
<P style="margin:0pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Other Information: &nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>None</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Item 6.</P>
<P style="margin:0pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Exhibits and Reports on Form 8-K.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; text-indent:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(a)</P>
<P style="margin:0pt; text-indent:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibits</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:112.2pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>31.1</P>
<P style="margin:0pt; padding-left:112.2pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Rule 13a-14 Or 15d-14 of the <I>Securities Exchange Act of 1934</I>,as adopted pursuant to Section 302 of the <I>Sarbanes-Oxley Act of 2002</I> </P>
<P style="margin:0pt; text-indent:-42.55pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:112.2pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>32.1</P>
<P style="margin:0pt; padding-left:112.2pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Certification of the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. &nbsp;Section 1350 as adopted pursuant to Section 906 of the <I>Sarbanes-Oxley Act of 2002</I> </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:72pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(a)</P>
<P style="margin:0pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Reports on Form 8-K: &nbsp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>None</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<BR>
<BR>
<BR>
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman"></P>
<P style="margin:0pt; padding-right:18pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<BR>
<BR>
<BR>
<P style="margin:0pt; padding-left:72pt; text-indent:-72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>SIGNATURES</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>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.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Dated: March 6<SUP>th</SUP>, 2007</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>Blanca Corp.</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:180pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>By:</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:180pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><U>/s/ &nbsp;</U><I><U>Scott Elgood</U></I></P>
<P style="margin:0pt; padding-left:180pt; text-indent:175.3pt; font-family:Times New Roman; font-size:12pt" align=justify><U><BR></U></P>
<P style="margin:0pt; padding-left:360pt; text-indent:-180pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Scott Elgood, President</P>
<P style="margin:0pt; padding-left:144pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(Principal Executive Officer and</P>
<P style="margin:0pt; text-indent:177.65pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">&nbsp;Principal Financial Officer) </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<BR>
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman"></P>
<P style="margin:0pt; padding-right:18pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>2
<FILENAME>exhibit311.htm
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Exhibit 31</TITLE>
<META NAME="author" CONTENT="Donna Moroney">
<META NAME="date" CONTENT="02/19/2007">
</HEAD>
<BODY style="line-height:12pt; font-size:10pt; color:#000000">
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=right><B>Exhibit 31.1</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>CERTIFICATION OF THE CHIEF FINANCIAL OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO RULE 13A-14 OR 15D-14 OF THE SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO SECTION 302 OF THE <I>SARBANES-OXLEY ACT OF 2002</I> </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>I, Scott Elgood, certify that:</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>1. </P>
<P style="margin:0pt; text-indent:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>I have reviewed this quarterly report on Form 10-QSB/A of Blanca Corp;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:37.4pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>2. </P>
<P style="margin:0pt; padding-left:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:37.4pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>3. </P>
<P style="margin:0pt; padding-left:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:37.4pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>4. </P>
<P style="margin:0pt; padding-left:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>The registrant&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:74.8pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>a) </P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;</P>
<P style="margin:0pt; padding-left:18pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:74.8pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>b) </P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the &quot;<I>Evaluation Date</I>&quot;); and</P>
<P style="margin:0pt; padding-left:18pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:74.8pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>c) </P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>presented in this quarterly report my conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:37.4pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>5. </P>
<P style="margin:0pt; padding-left:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>The registrant&#146;s other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:74.8pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>a) </P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:74.8pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>b) </P>
<P style="margin:0pt; padding-left:74.8pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:37.4pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>6. </P>
<P style="margin:0pt; padding-left:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>The registrant&#146;s other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Date: &nbsp;March 6, 2007</P>
<P style="margin:0pt; line-height:11.65pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; padding-left:144pt; text-indent:36pt; line-height:11.65pt; font-family:Times New Roman; font-size:12pt" align=justify><B>Blanca Corp.</B></P>
<P style="margin:0pt; line-height:11.65pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:180pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>By:</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:180pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><U>/s/ &nbsp;</U><I><U>Scott Elgood</U></I></P>
<P style="margin:0pt; padding-left:180pt; text-indent:175.3pt; font-family:Times New Roman; font-size:12pt" align=justify><U><BR></U></P>
<P style="margin:0pt; padding-left:360pt; text-indent:-180pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Scott Elgood, President</P>
<P style="margin:0pt; padding-left:144pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(Principal Executive Officer and </P>
<P style="margin:0pt; text-indent:177.65pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Principal Financial Officer)</P>
<P style="margin:0pt; line-height:11.65pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>3
<FILENAME>exhibit321.htm
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Exhibit 32</TITLE>
<META NAME="author" CONTENT="Donna Moroney">
<META NAME="date" CONTENT="02/19/2007">
</HEAD>
<BODY style="line-height:12pt; font-size:10pt; color:#000000">
<BR>
<BR>
<BR>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=right><B>Exhibit 32.1 </B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>CERTIFICATION PURSUANT TO</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>18 U.S.C. SECTION 1350</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>AS ADOPTED PURSUANT TO</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>SECTION 906 OF THE <I>SARBANES-OXLEY ACT OF 2002</I></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>I, Scott Elgood, President and Principal Executive Officer and Principal Financial Officer of Blanca Corp. certify that: </P>
<P style="margin:0pt; padding-left:-9pt; font-family:Times New Roman; font-size:12pt" align=justify>&nbsp;</P>
<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>1.</P>
<P style="margin:0pt; text-indent:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>I have reviewed this quarterly report on Form 10-QSB/A of Blanca Corp; </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:37.4pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>2.</P>
<P style="margin:0pt; padding-left:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report; and </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:37.4pt; text-indent:-37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>3.</P>
<P style="margin:0pt; padding-left:37.4pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report. </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; padding-left:12.2pt; text-indent:-12.25pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Date: &nbsp;March 6, 2007</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; padding-left:12.2pt; text-indent:-12.25pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; padding-left:144pt; text-indent:72pt; line-height:11.65pt; font-family:Times New Roman; font-size:12pt" align=justify><B>Blanca Corp.</B></P>
<P style="margin:0pt; line-height:11.65pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:180pt; text-indent:-36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>By:</P>
<P style="margin-top:0pt; margin-bottom:-14pt; padding-left:180pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><U>/s/ &nbsp;</U><I><U>Scott Elgood</U></I></P>
<P style="margin:0pt; padding-left:180pt; text-indent:175.3pt; font-family:Times New Roman; font-size:12pt" align=justify><U><BR></U></P>
<P style="margin:0pt; padding-left:360pt; text-indent:-180pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Scott Elgood, President</P>
<P style="margin:0pt; padding-left:144pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(Principal Executive Officer and</P>
<P style="margin:0pt; padding-left:179.55pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Principal Financial Officer) </P>
<P style="margin:0pt; padding-left:12.2pt; text-indent:-12.25pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<BR>
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman">#</P>
<P style="margin:0pt; padding-right:18pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
