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 OCTOBER 31, 1998
  
[ ]  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                        73-0977756

(State or other jurisdiction of          (IRS Employer
 incorporation or organization)          Identification No.)

1500 Midland Walwyn Tower, Edmonton, Alberta    T5J 2Z2

 (Address of principal executive offices)      (Zip Code)

                           (403) 496-9171

                    (Issuer's telephone number)
                            
                            
 (Former name, former address and former fiscal year,if changed
                          since last report)

  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.

  Yes [X]    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 October 31, 1998,
  8,128,206 shares of common stock were issued  and
  outstanding.

  

  
                             Part 1
                  Item 1 - Financial Statements


BRECCIA INTERNATIONAL MINERALS INC.
Balance Sheet
As at October 31, 1998
Expressed in U.S. Dollars (Unaudited)


                                      October 31   April 30
                                           1998        1998
Assets
Current
 Cash                                      $  503  $     298
                                         ---------  --------
Total Assets                               $  503  $     298
                                         ========= =========


Liabilities and Shareholders'
 Equity (Deficiency)

Accounts Payable                       $    8,305  $  10,171
Owing to Affiliated Companies (Note 2)    208,023    172,915
                                       ----------    --------
                                          216,328    183,086
Shareholders' Equity
Share Capital (Note 3)                    285,165    285,165
Deficit                                 (500,990)   (467,953)
                                       ----------   --------
                                        (215,825)   (182,788)
                                       ----------   --------
Total liabilities & equity               $   503      $   298
                                       ==========   =========


BRECCIA INTERNATIONAL MINERALS INC.
Statement of Operations and Deficit
Expressed in U.S. Dollars (Unaudited)
For the six months ended October 31, 1998

                                  Quarter                   Six 
                                   Ended               Months Ended

                                1998    1997          1998     1997     
Revenue
 Interest Income             $  -     $    -          $  -     $  -
                             -------   -------      --------  --------

General and administration   14,420    16,658        33,037    36,758
                             -------   -------      --------  --------
Net loss for the period      (14,420)  (16,658)     (33,037)  (36,758)
Deficit, beginning of period(486,570) (456,306)    (467,953) (436,206) 
                             -------   --------    --------  ---------
Deficit, end of period     $(500,990) $(472,964)  $(500,990) ($472,964)
                            ========  ==========   =========  =========

Loss per Share*             $(0.007)  $(0.002)    $(0.004)    $(0.005)
                            ========  ==========   ========   ========

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






BRECCIA INTERNATIONAL MINERALS INC.
Statement of Changes in Financial Position
Expressed in U.S. Dollars (Unaudited)
For the six months ended October 31, 1998
                                                    1998     1997
                                                  -------   -------
Cash provided by (used in)
Operating Activities

 Net loss                                     $(33,037)   $(36,758)
                                              ---------   ----------
Changes in  working capital accounts
 Accounts & Advances payable                    33,242       31,683
                                             ----------   ----------
                                                   205       (5,075) 
Financing Activities
  Capital stock issuance                          -            -
                                              ---------   ----------
Investing Activities
  Mineral Property                                -            -
                                             ----------   ----------

(Decrease) increase in cash                        205       (5,075)
Cash, beginning of period                          298        7,400
                                              ---------   ----------

Cash, end of period                             $  503     $  2,325
                                              =========   ==========   



1.      Significant Accounting Policies

Significant accounting policies are as follows:

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.

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.      Related Party Transactions

The Corporation has entered into the following transactions with related
parties:

The Corporation owes $208,023 for unsecured advances, professional fees and
office sharing costs to companies affiliated with directors' of the Corporation.





3.      Share Capital

Authorized
Seventy-five million (75,000,000) $.0001 par value common stock.
                                                           1998        1997
                                                         --------    -------
Issued
8,128,206 common stock $.0001 par value (1997-8,128,206) $285,165  $285,165
                                                        ========== =========




                           ITEM 2

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

1. Material Changes in Results of Operation

The results of the statement of loss indicates a loss of $33,037 for the
six month period which represents transfer agent, legal and consulting
fees necessary to maintain the Registrant current with its regulatory
filing requirements.


2. Material Changes in Financial Condition

The Registrant is exploring opportunities and reviewing proposals for
the potential acquisition of solid performing businesses with long-term
growth objectives. 

3. 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.

                                 Part II

OTHER INFORMATION

Item I.         Legal Proceedings

                        None

Item 2.         Changes in Securities

                        None
  
Item 3.         Defaults Upon Senior Securities

                        None

Item 4.         Submission of Matters to 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 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.

BRECCIA INTERNATIONAL MINERALS INC.

Date:   December 4, 1998               Don Caron
                                       Don Caron
                                       President

Date:   December 4, 1998               Richard Caron
                                       Richard Caron
                                       Director