UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.WASHINGTON, DC  20549


                                    FormFORM 10-Q

               Quarterly report pursuant to SectionQUARTERLY REPORT PURSUANT TO SECTION 13 of 15(d) of the Securities Exchange
                             Commission Act ofOF 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended December 31, 1999September 30, 2000

                          Commission File Number:  1-8187file number 001-08187

                    MINERAL MOUNTAIN MINING & MILLING COMPANY
             (Exact name of registrant as specified in its charter)


         IDAHO                                                82-0144710
(State  or other jurisdiction of                        (IRS Employer
Incorporationincorporation  or  organization)                        Identification Number)

                         421 Coeur d' Alene Ave Ste.d'Alene Ave. - Ste 3
                              Coeur d' Alene,d'Alene, Idaho
                    (Address of Principal Executive Offices)

                                      83814principal executive offices)

                                   83814-2862
                                   (Zip Code)

                                 (208) 664-3544
              (Registrant's telephone number, including area code)

     CheckTelephone Number, Including Area Code)

Indicate by check mark whether the issuerRegistrant (1) has filed all reports required
to be filed by Section 13 or 15 (d)15(d) of the Securities Exchange Act of 1934 during
the  preceding  12  months  (or  for such shorter period that the registrantRegistrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.

Yes      ()        No     (X )

The  last  Form  10-K filed by the company was the Form 10-K for the fiscal year
ended  March 31, 2000.  The most recent 10-Q was for the quarter ended September
30,  1999.X

                      APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate  the  number  of  shares outstanding of each of the issuer's classes of
common  stock  as  of  December  31,  1999:September  30,  2000:     3,078,049


                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                                    Form 10Q10-Q
                For the quarterly period ended December 31, 1999


                                     PartSeptember 30, 2000

                                     PART I



Item  1.ITEM  1   Statement  of  Financial  Position  as  of
          December 31, 1999September  30,  2000  and  March  31,  19992000

          Statement  of  Operations  for  the
          Three and NineSix  Month  Periods  Ended  December 31,September  30,  2000  and  1999  and  1998

          Statement  of  Changes  in  Stockholders'  Equity  for  the
          ThreeSix  Month  Periods  Ended  December  31,September  30,  2000  and  1999  and  1998

          Statement  of  Cash  flowsFlows  for  the
          Three and NineSix  Month  Periods  Ended  December 31,September  30,  2000  and  1999  and  1998

          Notes  to  Financial  Statements  as  of  December  31,  1999September  30,  2000










































MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
Statement  of  Financial  Position  as  of December 31, 1999September 30, 2000 and March 31, 19992000
(UNAUDITED)




                                     
                                                Dec. 31, 1999     March 31, 1999
                                                -------------     --------------

                                     ASSETS
                                     ------

CURRENT  ASSETS
Cash in banks                                   $     15,617      $      15,844
                                                -------------     --------------
Total  current  assets                                15,617             15,844


MINING PROPERTY                                       53,808             53,808
                                                -------------     --------------

                               TOTAL ASSETS     $     69,425      $      69,652ASSETS
                                     ------

                                              Sept.  30,        March  31,
                                                 2000              2000
                                             ------------     -------------

CURRENT  ASSETS
     Cash  in  banks                         $   14,088      $     13,864
     Prepaids                                       300               300
                                             ------------     -------------

     Total  current  assets                      14,388            14,164

MINING  PROPERTY                                 53,808            53,808
                                            ------------     -------------

TOTAL  ASSETS                               $    68,196      $     67,672
                                            ============     =============


                      LIABILITIES AND STOCKHOLDERS' EQUITY
                      ------------------------------------


CURRENT  LIABILITIES
     Accounts payable to
       Officers and Directors               $     1,560      $      1,560
                                            ------------     -------------

Total  current  liabilities                       1,560            1,560
                                            ------------     -------------

STOCKHOLDERS'  EQUITY
     Common  stock;  $0.10  par  value;
       15,000,000  shares  authorized;
       3,078,049  shares  issued  and
       outstanding                              153,902           153,902
     Additional  paid-in  capital               339,978           339,978
     Accumulated  deficit                      (427,244)         (427,468)
                                            ------------     -------------

          Total  stockholders'  equity           66,636            66,412
                                            ------------     -------------

TOTAL  LIABILITIES  AND
     STOCKHOLDERS'  EQUITY                  $    68,196      $     67,972
                                            ============     =============     ==============

                      LIABILITIES AND STOCKHOLDERS' EQUITY
                      ------------------------------------

CURRENT  LIABILITIES
Accounts payable To Officers and Directors      $      3,050      $       1,662
                                                -------------     --------------
TOTAL  CURRENT  LIABILTITES                            3,050              1,662

SHAREHOLDERS'  EQUITY
Common  stock,  $.10  par  value;
15,000,000  shares  authorized; issued and
outstanding,  3,078,049  shares                      153,902            153,902
Additional paid-in capital                           339,978            339,978
Accumulated deficit                                  427,505           (425,890)
                                                -------------     --------------

TOTAL  SHAREHOLDER'S  EQUITY                          66,375             67,990

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY      $     69,425      $      69,652
                                                =============     ==============

Prepared by management. The accompanying notes are an integral part of these financial statementsstatements. MINERAL MOUNTAIN MINING & MILLING COMPANY Statement of Operations forFor the Three and NineSix Month Periods Ended December 31,September 30, 2000 and September 30, 1999 and December 31, 1998 (UNAUDITED) Three Months Period NineSix Months Period Dec. 31, Dec. 31, Dec. 31, Dec. 31,----------------------- ---------------------- Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2000 1999 19982000 1999 1998 ------- --------- -------- ----------------- --------- --------- REVENUES Interest Income $ 222196 $ 242200 $ 657393 $ 719 --------435 --------- -------- ----------------- --------- --------- OPERATING EXPENSES Accounting - 235 705 119 Officers & Directors 150 600- 470 Other professional services 276 500 276 1,500151 450 151 450 Office expenses 98 800 193 7039 95 18 257 Spokane Quotation fee - - - 300 300 SEC Fees 46 162 46 Taxes 26 26 36 36 --------- - - 10 --------- -------- ----------------- --------- --------- Total operating expenses 785 652 2,272 2,704 --------160 780 169 1,487 --------- -------- ----------------- --------- --------- NET GAIN (LOSS) $ (563)36 $ (410)(580) $ (1,615)224 $ (1,985) ======== ========== ======== ========(1,052) ========= ========= ========= ========= NET (LOSS) PER SHARE $ NIL $ NIL $ NIL $ NIL ======== ========== ======== ================= ========= ========= =========
Prepared by management. The accompanying notes are an integral part of these financial statements. MINERAL MOUNTAIN MINING & MILLING COMPANY Statement of changesChanges in Stockholders' Equity forFor the Three MonthsMonth Periods Ended December 31, 1998September 30, 2000 and December 31,September 30, 1999 (UNAUDITED) Shares Amount Capital Deficit Total --------- ---------- --------- ---------- --------- Balances as of Sept.June 30, 19982000 3,078,049 $ 153,902 $ 339,978 $(423,642) $ 70,238(427,280) $ 66,600 Net (loss) - - - (410) (410)Gain 36 36 --------- ---------- --------- ---------- --------- Balances as of Dec. 31, 1998September 30, 2000 3,078,049 $ 153,902 $ 339,978 $(424,052) $ 69,828(427,244) $ 66,636 ========= ========== ========= ========== ===================
Shares Amount Capital Deficit Total --------- ---------- --------- ---------- --------- Balances as of SeptJune 30, 1999 3,078,049 $ 153,902 $ 339,978 $(426,942) $ 66,938(426,362) $ 67,518 Net - - - (563) (563)(Loss) (580) (580) --------- ---------- --------- ---------- --------- Balances as of Dec. 31,September 30, 1999 3,078,049 $ 153,902 $ 339,978 $(427,505) $ 66,375(426,942) $ 66,938 ========= ========== ========= ========== ===================
Prepared by management. The accompanying notes are an integral part of these financial statements. MINERAL MOUNTAIN MINING & MILLING COMPANY Statement of Cash Flows forFor the Three and NineSix Month Periods Ended December 31, 1998September 30, 2000 and December 31, 1999 (Unaudited)(UNAUDITED) Three Months Period NineSix Months Period Dec. 31, Dec. 31, Dec. 31, Dec. 31,----------------------- ---------------------- Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2000 1999 19982000 1999 1998 ------- --------- -------- ----------------- --------- --------- CASH FLOWsFLOWS FROM OPERATING ACTIVITIES:ACTIVITIES Net income (Loss) $ (563)36 $ ( 410)(580) $ (1,615)224 $ (1,985)(1,052) Increase (Decrease)(decrease) in accounts payable 296 70 1,338 (473)- 691 - 1,092 Decrease in prepaids - 500 - 1,500 -------- - --------- -------- ----------------- --------- --------- Net cash used fromprovided by operating activities (267) 160 (227) (958) -------36 111 224 40 --------- -------- ----------------- --------- --------- NET INCREASE (DECREASE) IN CASH (267) 160 (227) (958) ------- --------- -------- --------36 111 224 40 CASH AT BEGINNING OF PERIOD 15,884 15,570 15,884 16,688 -------14,052 15,773 13,864 15,844 --------- -------- ----------------- --------- --------- CASH AT END OF PERIOD $15,617 $ 15,73014,088 $ 15,61715,884 $ 15,730 ======== ========== ======== ========14,088 $ 15,884 ========= ========= ========= =========
Prepared by management. The accompanying notes are an integral part of these financial statements. MINERAL MOUNTAIN MINING & MILLING COMPANY Notes to Financial Statements as of December 31, 1999September 30, 2000 (UNAUDITED) The financial statements of Mineral Mountain Mining & Milling Company included herein, have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Although certain information normally included in financial statements prepared in accordance with generally accepted accounting principles has been condensed or omitted, Mineral Mountain believes that the disclosures are adequate to make the information presented not misleading. These financial statements should be read in conjunction with the financial statements and notes thereto included in Mineral Mountain's annual report on Form 10-k for the fiscal year ended March 31, 2000. The financial statements included herein reflect all normal recurring adjustments that, in the opinion of management, are necessary for a fair presentation. The results for interim periods are not necessarily indicative of trends or of results to be expected for a full year. MINERAL MOUNTAIN MINING & MILLING COMPANY Form 10-Q For the quarterly period ended September 30, 2000 ITEM 2.2 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION The Company presently has no revenues other than interest income. The Company's mineral interest consistproperty consists of an ownership interest in a consolidated area consisting of portions of 13 patented mining claims situated in Shoshone County, Idaho. This area lies between two mining holdings owned by Sunshine Mining Company, the Consolidated Silver Propertyproperty to the east and the Sunshine Mine operations to the west. MINERAL MOUNTAIN MINING & MILLING COMPANYSunshine Mining Company closed the Sunshine mine in February 2001 PART II ITEM 1 LEGAL PROCEEDINGS NONE ITEM 2 CHANGES IN SECURITIES NONE ITEM 3 DEFAULTS UPON SENIOR SECURITESSECURITIES NONE ITEM 4 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS NONE ITEM 5 OTHER INFORMATION NONE ITEM 6 EXHIBITS AND REPORTS ON FORM 8-K NONE SIGNATURES Pursuant to the requirements of Section 13 of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Mineral Mountain Mining & Milling Company (Registrant) Dated: January 3,February 23, 2001 By /S/ DONALD L HESS ------------------------------------ Donald L. Hess ----------------- --------------------- Donald L. Hess Secretary-Treasurer Pursuant to the requirements of the Securities and Exchange act of 1934, the report has been signed below by the following person on behalf of the registrant and in the capacity and on the date indicated. Dated: January 3, 2001 By /S/ Donald L Hess ----------------- -------------------- Donald L. Hess Secretary-TreasurerSecretary - Treasurer