U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB


(MARK ONE)

[X]  QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934 FOR THE QUARTERLY PERIOD ENDED JULY 31, 1999

[  ] TRANSITION  REPORT UNDER SECTION 13 OR 15(d) OF THE  SECURITIES  EXCHANGE
     ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO __________


COMMISSION FILE NUMBER: 0-8155


                       BRECCIA INTERNATIONAL MINERALS INC.
        (Exact name of small business issuer as specified in its charter)

         DELAWARE                         8155                    73-0977756
(State or other jurisdiction of (Primary Standard Industrial   (I.R.S. Employer
incorporation or organization)   Classification Code Number) Identification No.)

4418 Patterdale Drive, North Vancouver, British Columbia, Canada         V7R 4L8
(Address of principal executive offices)                              (Zip Code)

                                 (604) 970-2726
                (Issuer's Telephone Number, including Area Code)


                              Thomas E. Stepp, Jr.
                              Stepp & Beauchamp LLP
                           1301 Dove Street, Suite 460
                         Newport Beach, California 92660
                             Telephone: 949.660.9700
                             Facsimile: 949.660.9010
            (Name, Address and Telephone Number of Agent for Service)


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

Applicable only to corporate issuers

State the number of shares outstanding of each of the issuer's classes of common
equity,  as of the latest  practical  date. As of September 31, 1999,  8,128,206
shares of common stock were issued and outstanding.


<PAGE>


                                     PART I

Item 1.  Financial Statements

                                NOTICE TO READER

I have compiled the balance sheet of Breccia  International  Minerals Inc. as at
July 31, 1999 and the statements of operations and deficit for the period May 1,
1999 to July  31,  199  from  information  provided  by  management.  I have not
audited,  reviewed or otherwise attempted to verify the accuracy or completeness
of such  information.  Readers are cautioned  that these  statements  may not be
appropriate for their purposes.



                                                                    ALNOOR SAMJI
                                                            CHARTERED ACCOUNTANT


North Vancouver, B.C.
September 2, 1999


                       BRECCIA INTERNATIONAL MINERALS INC.
                                  BALANCE SHEET
                       (UNAUDITED - SEE NOTICE TO READER)
                                  JULY 31, 1999

                                     ASSETS
                                                     July 31          April 30
                                                        1999              1999
CURRENT
        Cash                                        $  10,597         $     259
===============================================================================


                    LIABILITIES AND SHAREHOLDERS' DEFICIENCY

CURRENT
        Accounts payable                                4,590             6,890
        Short term loan                                19,995              --
-------------------------------------------------------------------------------
                                                       24,585             6,890

SHAREHOLDERS' DEFICIENCY
        Share capital (note 2)                        285,165           285,165

        Deficit                                      (299,153)         (291,796)
-------------------------------------------------------------------------------
                                                      (13,988)           (6,631)
--------------------------------------------------------------------------------

                                                    $  10,597         $     259
===============================================================================

                                       2

<PAGE>


                       BRECCIA INTERNATIONAL MINERALS INC.
                      STATEMENTS OF OPERATIONS AND DEFICIT
                       (UNAUDITED - SEE NOTICE TO READER)
                    For the three months ended July 31, 1999

                                                            Quarter ended
                                                            -------------
                                                         1999            1998

General and administration expenses                      7,357           18,617
-------------------------------------------------------------------------------

Net loss for the period                                 (7,357)         (18,617)

DEFICIT - beginning of period                         (291,796)        (467,953)
--------------------------------------------------------------------------------

DEFICIT - end of period                              $(299,153)       $(486,570)
===============================================================================


Loss per share*                                      $  (0.001)       $  (0.003)

o    Based on 8,128,206 common shares (1997 - 8,128,206)


                                       3
<PAGE>

                       BRECCIA INTERNATIONAL MINERALS INC.
                   STATEMENT OF CHANGES IN FINANCIAL POSITION
                       (UNAUDITED - SEE NOTICE TO READER)
                    For the three months ended July 31, 1999

                                                               Quarter ended
                                                               -------------
                                                             1999         1998

Cash provided by (used in)

Operating activities
         Net loss                                          $ (7,357)   $(18,617)

         Changes in non-cash working capital balances
               Accounts payable and accrued liabilities      17,695      19,847
         ----------------------------------------------------------------------
Increase in cash during the year                             10,338       1,230

Cash, beginning of year                                         259         298
-------------------------------------------------------------------------------

Cash, end of year                                          $ 10,597    $  1,528
===============================================================================




                                       4
<PAGE>


                       BRECCIA INTERNATIONAL MINERALS INC.
                          NOTES TO FINANCIAL STATEMENTS
                       (UNAUDITED - SEE NOTICE TO READER)
                                  JULY 31, 1999

1.   Summary of significant accounting policies

     Incorporation:

     Breccia International  Minerals Inc. was incorporated under the laws of the
     State of Delaware on April 25, 1975 and renewed on March 18, 1994.

     Basis of presentation:

     These  financial  statements  are  presented  in U.S.  dollars as it is the
     principal currency in which the company's business in conducted.

     Net income (loss) per common share:

     The net income  (loss)  per common  share is based on the number of $0.0001
     par value common shares outstanding.

2.   Share Capital

Authorized: 75,000,000 common shares with
             par value of $0.0001 each
                                                               1999       1998
                                                               ----       ----
Issued:     8,128,206 common shares with
             par value of $0.0001 each (1997 - 8,128,206)    $285,165   $285,165


Item 2. Management Discussion and Analysis of Financial Condition and Results of
        Operations

Liquidity.  The results of the statement of loss  indicates a loss of $7,357 for
the three month period  ending July 31,  1999,  which loss  represents  transfer
agent,  legal and accounting  fees necessary to maintain the Registrant  current
with  its   regulatory   filing   requirements.   The  Registrant  is  exploring
opportunities  and  reviewing   proposals  for  the  potential   acquisition  of
prospective business entities with long-term growth objectives with the ultimate
goal of acquiring a controlling interest or minority interest therein.

Impact  of the Year  2000  Issue.  The  Year  2000  Issue  arises  because  many
computerized  systems  use two  digits  rather  than  four to  identify  a year.
Date-sensitive  systems may  recognize the year 2000 as 1900 or some other date,
resulting in errors when  information  using year 2000 dates is  processed.  The
effects of the Year 2000 Issue may be experienced before, on or after January 1,
2000.

Because the Company  has no assets,  including  any  personal  property  such as
computers, it is not anticipated that the Company will incur any negative impact
as a result of this potential problem.  However,  it is possible that this issue
may have an impact on the Company if the Company  completes an acquisition prior
to or shortly  after the Year  2000.  If this  occurs,  the  Company  intends to
implement  a Year  2000  compliant  computer  system  in  conjunction  with  the
acquisition.

Whether or not the Company  completes  an  acquisition  before or after the Year
2000, the Company  recognizes the potential  impact the Year 2000 Issue may have
relative to its vendors,  creditors and other service providers. The Company has
reviewed  its exposure to business  interruption  or  substantial  loss in these
areas and  presently  believes  that no risk of  material  adverse  consequences
exists.  Nonetheless,  the  Company  intends  to further  monitor  the Year 2000
readiness of such entities and the potential impact thereof on the Company.


                                       5
<PAGE>


                           PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 2. Change in Securities

None

Item 3. Defaults Upon Senior Securities

None

Item 4. Submission of Matters to Vote of Security

None

Item 5. Other Information

None

Item 6. Exhibits and Reports on Form 8-K

None



                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



Dated:   October __, 1999                BRECCIA INTERNATIONAL MINERALS INC.


                                         By:  /s/ Alnoor Kassam
                                              -------------------------------
                                              Alnoor Kassam
                                         Its: President