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, 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:


                       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)


                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

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 October 31, 1999,  there were
8,128,206  shares of the  issuer's  $.001  par value  common  stock  issued  and
outstanding.


<PAGE>



                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements


                                NOTICE TO READER

I have compiled the balance sheet of Breccia  International  Minerals Inc. as at
October 31, 1999 and the  statements  of  operations  and deficit and changes in
financial  position  for  the  period  May 1,  1999 to  October  31,  1999  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.
December 9, 1999


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

                                     ASSETS
                                                      October 31        April 30
                                                            1999            1999
CURRENT
        Cash                                           $   8,166      $     259
        ========================================================================


                    LIABILITIES AND SHAREHOLDERS' DEFICIENCY

CURRENT
        Accounts payable                                   4,590          6,890
        Short term loans                                  29,995             --
        -----------------------------------------------------------------------
                                                          34,585          6,890

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

        Deficit                                         (311,584)      (291,796)
        -----------------------------------------------------------------------
                                                         (26,419)        (6,631)
        -----------------------------------------------------------------------

                                                       $   8,166      $     259
        =======================================================================


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

<TABLE>
<CAPTION>
                                            Quarter ended           Six months ended
                                            -------------           ----------------
                                         1999          1998         1999        1998
<S>                                   <C>          <C>           <C>          <C>
General and administration expenses      12,431       14,420       19,788       33,037
--------------------------------------------------------------------------------------

Net loss for the period                 (12,431)     (14,420)     (19,788)     (33,037)

DEFICIT - beginning of period          (299,153)    (486,570)    (291,796)    (467,953)
--------------------------------------------------------------------------------------

DEFICIT - end of period               $(311,584)   $(500,990)    (311,584)    (500,990)
======================================================================================


Loss per share*                         $(0.002)     $(0.002)     $(0.002)     $(0.004)
======================================================================================
</TABLE>


* Based on 8,128,206 common shares (1998 - 8,128,206)


                                       2
<PAGE>


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

                                                          1999           1998
Cash provided by (used in)

Operating activities
         Net loss                                        $(19,788)     $(33,037)

Changes in non-cash working capital balances
Accounts payable and accrued liabilities                   27,695        33,242
-------------------------------------------------------------------------------

Increase in cash during the year                            7,907           205

Cash, beginning of period                                     259           298
-------------------------------------------------------------------------------

Cash, end of period                                      $  8,166      $    503
===============================================================================


BRECCIA INTERNATIONAL MINERALS INC.
NOTES TO FINANCIAL STATEMENTS
(UNAUDITED - SEE NOTICE TO READER)
OCTOBER 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 (1998 - 8,128,206)    $285,165   $285,165

Item 2.  Management's Discussion and Analysis or Plan of Operation

Liquidity. The Registrant's Statement of Operations and Deficit indicates a loss
of $19,788 for the six (6) month  period  ending  October 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


                                       3
<PAGE>


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.

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


                                       4
<PAGE>


                                   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:   December __, 1999                   BRECCIA INTERNATIONAL MINERALS INC.


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