OMB APPROVAL
                                                          OMB  Number  3235-0416
                                                        Expires:  May  31,  2000
                                                      Estimated  average  burden
                                                   hours  per  response:  9708.0

                                  UNITED STATES
                        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  September  30,  2000
                                         --------------------

[ ]  TRANSITION  REPORT  UNDER  SECTION  13  OR  15(d)  OF  THE  EXCHANGE  ACT
     For  the  transition  period  from          to

     Commission  file  number  000-28183
                               ---------

                            QUILCHENA RESOURCES, INC.
                            -------------------------
        (Exact name of small business issuer as specified in its charter)

NEVADA                                                                91-2006414
------                                                                ----------
(State or other jurisdiction                                    (I.R.S. Employer
of incorporation or organization)                            Identification No.)

                           #3400 - 666 BURRARD STREET
                  VANCOUVER, BRITISH COLUMBIA, CANADA  V6C 3M7
                  --------------------------------------------
                    (Address of principal executive offices)

                                 (604) 688-3929
                                 --------------
                           (Issuer's telephone number)

                                  not applicable
                                  --------------
    (Former name, former address and former fiscal year, if changed since last
                                     report)

<PAGE>

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

Check  whether  the  registrant  filed  all documents and reports required to be
filed  by  Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities  under  a  plan  confirmed  by  a  court.     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  practicable  date:

25,000  common  shares  issued  and  outstanding,  as  of  October  31,  2000
-----------------------------------------------------------------------------

Transitional  Small  Business  Disclosure  Format  (Check one):   Yes [ ]  No[X]

                          PART I- FINANCIAL INFORMATION

ITEM  1.     FINANCIAL  STATEMENTS.

Quilchena  Resources  Inc.'s  (the "Company") financial statements are stated in
United  States  Dollars  (US$) and are prepared in accordance with United States
Generally  Accepted  Accounting  Principles.

It  is  the  opinion  of  management  of  the Company that the interim financial
statements  for  the  quarter  ended  September 30, 2000 include all adjustments
necessary  in  order to ensure that the financial statements are not misleading.

Vancouver,  British  Columbia                         /s/ Derek Herman
Dated:  November 7, 2000                              Director  of  the  Company

<PAGE>

                            QUILCHENA RESOURCES, INC.
                         (AN EXPLORATION STAGE COMPANY)


                              FINANCIAL STATEMENTS
                      (EXPRESSED IN UNITED STATES DOLLARS)


                               SEPTEMBER 30, 2000


<PAGE>

<TABLE>
<CAPTION>

QUILCHENA  RESOURCES,  INC.
(An  Exploration  Stage  Company)
BALANCE  SHEETS
(Expressed  in  United  States  Dollars)
(Unaudited)


                                                                 September 30,   December 31,
                                                                          2000           1999
<C>          <S>                                                 <C>             <C>
             ASSETS

             CURRENT
              Cash and cash equivalents . . . . . . . . . . . .  $           -   $ 40,964
             ==================================================  ==============  =========


             LIABILITIES AND STOCKHOLDERS' EQUITY


             CURRENT
              Accounts payable and accrued liabilities. . . . .  $           -   $  4,424
                                                                 --------------  ---------

             STOCKHOLDERS' EQUITY
              Capital stock (Note 5)
                Authorized
                 200,000,000 common shares, par value of $0.001
                Issued and outstanding
                 5,000,000 common shares. . . . . . . . . . . .          5,000      5,000

              Additional paid in capital. . . . . . . . . . . .         45,000     45,000
              Deficit accumulated during the exploration stage.        (50,000)   (13,460)
                                                                 --------------  ---------

              Total stockholders' equity. . . . . . . . . . . .              -     36,540
                                                                 --------------  ---------

              Total liabilities and stockholders' equity. . . .  $           -   $ 40,964
             ==================================================  ==============  =========

             HISTORY AND ORGANIZATION OF THE COMPANY (Note 1)

             GOING CONCERN (Note 2)

</TABLE>

The accompanying notes are an integral part of these financial statements.

<PAGE>

<TABLE>
<CAPTION>

QUILCHENA  RESOURCES,  INC.
(An  Exploration  Stage  Company)
STATEMENTS  OF  OPERATIONS
(Expressed  in  United  States  Dollars)
(Unaudited)


                                    Cumulative
                                       From                                                             Period From
                                   Incorporation                                                      Incorporation
                                        on                                                                  on
                                   March 3, 1999     Three Month      Three Month      Nine Month     March 3, 1999
                                        to          Period Ended     Period Ended     Period Ended          to
                                   September 30,    September 30,    September 30,    September 30,   September 30,
                                       2000             2000             1999             2000             1999
                                  ---------------  ---------------  ---------------  ---------------  --------------

<S>                               <C>              <C>              <C>              <C>              <C>
EXPENSES
 Incorporation costs . . . . . .  $          640   $            -   $          640   $            -   $          640
 Filing and transfer agent fees.           2,896            1,131                -            2,000                -
 Legal and audit fees. . . . . .          33,480            3,737            1,523           31,556            1,523
 Mineral property acquisition
   costs . . . . . . . . . . . .          12,984                -                -            2,984                -
                                  ---------------  ---------------  ---------------  ---------------  --------------


LOSS FOR THE PERIOD. . . . . . .  $       50,000   $        4,868   $        2,163   $       36,540   $        2,163
================================  ===============  ===============  ===============  ===============  ==============


BASIC AND DILUTED LOSS PER SHARE                   $        (0.01)  $        (0.01)  $        (0.01)  $        (0.01)
================================                   ===============  ===============  ===============  ===============

WEIGHTED AVERAGE SHARES
 OUTSTANDING . . . . . . . . . .                        5,000,000        5,000,000        5,000,000        5,000,000
================================                   ===============  ===============  ===============  ===============


</TABLE>

The accompanying notes are an integral part of these financial statements.

<PAGE>

<TABLE>
<CAPTION>

QUILCHENA  RESOURCES,  INC.
(An  Exploration  Stage  Company)
STATEMENTS  OF  CHANGES  IN  STOCKHOLDERS'  EQUITY
(Expressed  in  United  States  Dollars)
(Unaudited)

                                                                         Deficit
                                                                        Accumulated
                                                          Additional    During the
                                      Common Stock         Paid-in      Exploration
                                  Shares       Amount      Capital         Stage    Total
                               ------------  -----------  ------------  ---------  ---------


<S>                            <C>           <C>          <C>           <C>        <C>
INCEPTION, MARCH 3, 1999. . .             -  $         -  $          -  $      -   $      -

Shares issued for cash. . . .     5,000,000        5,000        45,000         -     50,000

Loss for the period . . . . .             -            -             -   (13,460)   (13,460)
                               ------------  -----------  ------------  ---------  ---------

BALANCE AT DECEMBER 31, 1999.     5,000,000        5,000        45,000   (13,460)    36,540

Loss for the period . . . . .             -            -             -   (36,540)   (36,540)
                               ------------  -----------  ------------  ---------  ---------

BALANCE AT SEPTEMBER 30, 2000     5,000,000  $     5,000  $     45,000  $(50,000)  $      -
=============================  ============  ===========  ============  =========  =========


</TABLE>

The accompanying notes are an integral part of these financial statements.

<PAGE>

<TABLE>
<CAPTION>

QUILCHENA  RESOURCES,  INC.
(An  Exploration  Stage  Company)
STATEMENTS  OF  CASH  FLOWS
(Expressed  in  United  States  Dollars)
(Unaudited)


                                                                                    Cumulative                      Period From
                                                                                       From                        Incorporation
                                                                                   Inception on                          on
                                                                                   March 3, 1999     Nine Month       March 3,
                                                                                        to          Period Ended      1999 to
                                                                                   September 30,    September 30,    September 30,
                                                                                       2000             2000             1999
                                                                                  ---------------  ---------------    ----------


<S>                                                                               <C>              <C>              <C>
CASH FLOWS FROM OPERATING ACTIVITIES
 Loss for the period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $      (50,000)  $      (36,540)  $  (2,163)

 Changes in non-cash working capital item:
   Increase (decrease) in accounts payable . . . . . . . . . . . . . . . . . . .               -           (4,424)      1,523
                                                                                  ---------------  ---------------  ----------

 Net cash used in operating activities . . . . . . . . . . . . . . . . . . . . .         (50,000)         (40,964)       (640)
                                                                                  ---------------  ---------------  ----------


CASH FLOWS FROM FINANCING ACTIVITIES
 Issuance of capital stock for cash. . . . . . . . . . . . . . . . . . . . . . .          50,000                -      12,500
                                                                                  ---------------  ---------------  ----------

 Net cash provided by financing activities . . . . . . . . . . . . . . . . . . .          50,000                -      12,500
                                                                                  ---------------  ---------------  ----------


CHANGE IN CASH AND CASH EQUIVALENTS DURING THE PERIOD. . . . . . . . . . . . . .               -          (40,964)     11,860


CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD . . . . . . . . . . . . . . . . .               -           40,964           -
                                                                                  ---------------  ---------------  ----------


CASH AND CASH EQUIVALENTS, END OF PERIOD . . . . . . . . . . . . . . . . . . . .  $            -   $            -   $  11,860
================================================================================  ===============  ===============  ==========


CASH PAID DURING THE PERIOD FOR INTEREST EXPENSE . . . . . . . . . . . . . . . .                   $            -   $            -
================================================================================                   ===============  ===============


CASH PAID DURING THE PERIOD FOR INCOME TAXES . . . . . . . . . . . . . . . . . .                   $            -   $            -
================================================================================                   ===============  ===============

SUPPLEMENTAL DISCLOSURE FOR NON-CASH FINANCING AND INVESTING ACTIVITIES (Note 6)

</TABLE>

The accompanying notes are an integral part of these financial statements.

<PAGE>

QUILCHENA  RESOURCES,  INC.
(An  Exploration  Stage  Company)
NOTES  TO  THE  FINANCIAL  STATEMENTS
(Expressed  in  United  States  Dollars)
(Unaudited)
SEPTEMBER  30,  2000

1.     HISTORY  AND  ORGANIZATION  OF  THE  COMPANY

     The  Company  was  formed  on  March 3, 1999 under the Laws of the State of
Nevada  and  is  in  the  business  of  exploration  and  development of mineral
properties.  The  Company  has not yet determined whether its properties contain
mineral  resources  that may be economically recoverable.  The Company therefore
has  not  reached  the  development stage and is considered to be an exploration
stage  company.

     The  accompanying  financial  statements  have been prepared by the Company
without  audit.  In  the  opinion  of management, all adjustments (which include
only  normal  recurring  adjustments)  necessary to present fairly the financial
position,  results of operations, changes in stockholders' equity and cash flows
at  September  30,  2000  and  for the periods then ended have been made.  These
financial  statements  should  be read in conjunction with the audited financial
statements  of the Company for the year ended December 31, 1999.  The results of
operations  for  the  period  ended  September  30,  2000  are  not  necessarily
indicative  of the results to be expected for the year ending December 31, 2000.

2.     GOING  CONCERN

     These  financial statements have been prepared in accordance with generally
accepted  accounting principles applicable to a going concern which contemplates
the realization of assets and the satisfaction of liabilities and commitments in
the  normal course of business.  The general business strategy of the Company is
to  acquire  mineral  properties  either  directly or through the acquisition of
operating  entities.  The  continued  operations  of  the  Company  and  the
recoverability  of  mineral  property  costs  is dependent upon the existence of
economically recoverable reserves, confirmation of the Company's interest in the
underlying  mineral  claims,  the  ability  of  the  Company to obtain necessary
financing  to  complete  the  development and upon future profitable production.
The  Company has incurred operating losses and requires additional funds to meet
its  obligations  and maintain its operations.  Management's plan in this regard
is  to  raise  equity financing as required.  These conditions raise substantial
doubt  about  the  Company's  ability  to  continue  as  a going concern.  These
financial  statements do not include any adjustments that might result from this
uncertainty.


                                                  September 30,     December 31,
                                                           2000             1999
                                                           ----            -----

Deficit accumulated during the exploration stage     $  (50,000)     $  (13,460)
Working  capital                                              -          36,540
                                                        =======          =======

3.     SIGNIFICANT  ACCOUNTING  POLICIES

     CASH  AND  CASH  EQUIVALENTS

     Cash  and  cash equivalents include highly liquid investments with original
maturities  of  three  months  or  less.  These  are  recorded  at  cost  which
approximates  market.

     ESTIMATES

     The  preparation  of  financial  statements  in  conformity  with generally
accepted  accounting  principles  requires  management  to  make  estimates  and
assumptions  that  affect  the  reported  amounts  of assets and liabilities and
disclosure  of  contingent  assets  and liabilities at the date of the financial
statements  and  the  reported  amounts  of  revenues  and  expenses  during the
reporting  period.  Actual  results  could  differ  from  those  estimates.

<PAGE>

QUILCHENA  RESOURCES,  INC.
(An  Exploration  Stage  Company)
NOTES  TO  THE  FINANCIAL  STATEMENTS
(Expressed  in  United  States  Dollars)
(Unaudited)
SEPTEMBER  30,  2000

3.     SIGNIFICANT  ACCOUNTING  POLICIES  (cont'd  )

     FINANCIAL  INSTRUMENTS

     The  Company's  financial instruments consist of cash and cash equivalents,
accounts  payable  and  accrued  liabilities.  Unless  otherwise  noted,  it  is
management's  opinion  that  the Company is not exposed to significant interest,
currency  or  credit  risks  arising from these financial instruments.  The fair
value  of  these financial instruments approximate their carrying values, unless
otherwise  noted.

     FOREIGN  CURRENCY  TRANSLATION

     Translation  amounts  denominated in foreign currencies are translated into
United  States  currency  at  exchanges  rates prevailing at transactions dates.
Carrying  values of monetary assets and liabilities are adjusted at each balance
sheet  date  to  reflect  the exchange rate at that date.  Gains and losses from
restatement  of foreign currency monetary assets and liabilities are included in
income.

     ACCOUNTING  FOR  DERIVATIVE  INSTRUMENTS  AND  HEDGING  ACTIVITIES

     In  June  1998,  the  Financial  Accounting Standards Board ("FASB") issued
Statement  of  Financial  Accounting Standards No. 133 ("SFAS 133"), "Accounting
for  Derivative Instruments and Hedging Activities" which establishes accounting
and  reporting  standards for derivative instruments and for hedging activities.
SFAS  133  is  effective for all fiscal quarters of fiscal years beginning after
June  15,  1999.  In  June 1999, the FASB issued SFAS 137 to defer the effective
date  of  SFAS  133  to fiscal quarters of fiscal years beginning after June 15,
2000.  The  Company  does not anticipate that the adoption of the statement will
have  a  significant  impact  on  its  financial  statements.

     RESOURCE  PROPERTIES

     Costs  of  acquisition,  exploration,  carrying,  and  retaining  unproven
properties are expensed as incurred.  Costs incurred in proving and developing a
property ready for production are capitalized and amortized over the life of the
mineral  deposit  or  over  a shorter period if the property is shown to have an
impairment  in  value.

     INCOME  TAXES

     Income  taxes  are  provided  in  accordance  with  Statement  of Financial
Accounting  Standards  No.  109  ("SFAS 109"), "Accounting for Income Taxes".  A
deferred  tax  asset  or  liability  is  recorded  for all temporary differences
between  financial  and  tax  reporting  and  net  operating loss carryforwards.
Deferred  tax  expenses  (benefit) result from the net change during the year of
deferred  tax  assets  and  liabilities.

     Deferred  tax  assets  are  reduced  by  a valuation allowance when, in the
opinion  of  management,  it is more likely than not that some portion or all of
the  deferred  tax  assets  will  not  be  realized.  Deferred  tax  assets  and
liabilities are adjusted for the effects of changes in tax laws and rates on the
date  of  enactment.

     LOSS  PER  SHARE

     In February 1997, the Financial Accounting Standards Board issued Statement
of  Financial  Accounting  Standards No. 128, "Earnings Per Share" ("SFAS 128").
Under SFAS 128, basic and diluted earnings per share are to be presented.  Basic
earnings  per  share  is  computed  by  dividing  income  available  to  common
shareholders  by the weighted average number of common shares outstanding in the
period.  Diluted  earnings  per  share  takes  into  consideration common shares
outstanding  (computed  under basic earnings per share) and potentially dilutive
common  shares.

<PAGE>

QUILCHENA  RESOURCES,  INC.
(An  Exploration  Stage  Company)
NOTES  TO  THE  FINANCIAL  STATEMENTS
(Expressed  in  United  States  Dollars)
(Unaudited)
SEPTEMBER  30,  2000

3.     SIGNIFICANT  ACCOUNTING  POLICIES  (cont'd  )

     STOCK-BASED  COMPENSATION

     Statement  of  Financial  Accounting  Standards  No.  123,  "Accounting for
Stock-Based Compensation," encourages, but does not require, companies to record
compensation  cost  for  stock-based  employee compensation plans at fair value.
The  Company has chosen to account for stock-based compensation using Accounting
Principles  Board  Opinion  No.  25, "Accounting for Stock Issued to Employees."
Accordingly  compensation  cost  for stock options is measured as the excess, if
any,  of the quoted market price of the Company's stock at the date of the grant
over  the  amount  an  employee  is  required  to  pay  for  the  stock.

     COMPREHENSIVE  INCOME

     The Company has adopted Statement of Financial Accounting Standards No. 130
("SFAS  130"),  "Reporting  Comprehensive  Income".  This  statement establishes
rules  for  the  reporting  of  comprehensive  income  and  its components.  The
adoption of SFAS 130 had no impact on total stockholders' equity as of September
30,  2000.

4.     MINERAL  PROPERTY

     On  July  20,  1999, the Company acquired a 100% interest in the Hi-Ho 1-10
mining claims located in the New Westminster Mining Division of British Columbia
for  $10,000  (paid).  As  the  claims  do  not  contain any known reserves, the
acquisition  costs  were expensed during the period ended December 31, 1999.  To
exercise its option, the Company must complete a recommended work program in the
amount of CDN$8,495 by December 31, 2001.  As at September 30, 2000, the Company
contributed  CDN$4,280  to  the  work  program.

5.     CAPITAL  STOCK

     The  authorized common stock of the Company is 200,000,000 shares of common
stock  with  a par value of $0.001 per share.  All of the issued and outstanding
shares  are  fully paid and non-assessable.  All shares have equal voting rights
and,  when  validly issued, are entitled to one vote per share in all matters to
be  voted  upon  by  the  stockholders.  The  shares  have  no  pre-emptive,
subscription,  conversion  or  redemption rights and may be issued only as fully
paid  and non-assessable shares.  Holders of common shares are entitled to share
rateable  in  dividends,  as  may  be declared from time to time by the Board of
Directors in its discretion, from funds legally available for dividend payments.

     The  Company  issued 5,000,000 common shares under Rule 504 of Regulation D
of the Securities Act of 1933, at a price of $0.01 per share, for total proceeds
of  $50,000.

6.     SUPPLEMENTAL  DISCLOSURE  FOR  NON-CASH  FINANCING  AND     INVESTING
ACTIVITIES

There  were  no significant non-cash financing and investing transactions during
the  periods  presented.

<PAGE>

QUILCHENA  RESOURCES,  INC.
(An  Exploration  Stage  Company)
NOTES  TO  THE  FINANCIAL  STATEMENTS
(Expressed  in  United  States  Dollars)
(Unaudited)
SEPTEMBER  30,  2000

7.     INCOME  TAXES

     The  Company's  total  deferred  tax  asset  at September 30 is as follows:

<TABLE>
<CAPTION>


                                                 September 30,    December 31,
                                                     2000             1999
                                                ---------------  --------------
<S>                                             <C>              <C>
Tax benefit of net operating loss carryforward  $        7,500   $       2,019
Valuation allowance. . . . . . . . . . . . . .          (7,500)         (2,019)
                                                ---------------  --------------

                                                $            -   $           -
                                                ===============  ==============
</TABLE>

     The Company has a net operating loss carryforward of approximately $50,000.
The  Company  has  provided a full valuation allowance on the deferred tax asset
because  of  the  uncertainty  regarding  realizability.


ITEM  2.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION.

There have been no material developments since the Company filed its Form 10-KSB
Annual Report on March 30, 2000 and its Form 10-QSB Quarterly Reports on May 15,
2000  and  August  11,  2000.

General

On  July  20,  1999,  the  Company  entered  into  an  Assignment Agreement (the
"Assignment  Agreement")  with  Wet  Coast  Capital  Corporation  ("Wet Coast"),
pursuant  to  which the Company paid Wet Coast the sum of $10,000 and in return,
was  assigned  Wet Coast's interest in an Option Agreement between Wet Coast and
Gerry  Diakow,  dated  July  20, 1999 (the "Option Agreement").  Pursuant to the
Option  Agreement,  Mr.  Diakow  granted  Wet  Coast an option (the "Option") to
acquire  a 100% undivided interest in property known as the "Hi-Ho 1 - 10 Mining
Claims",  located in the New Westminster Mining Division, 121, 36 West Longitude
and  49  23,  30  North Latitude, British Columbia, Canada (the "Hi-Ho Claims").

Pursuant  to  the  terms  of  the Assignment Agreement, in order to exercise the
Option, the Company must finance the work program on the Hi-Ho Claims (the "Work
Program"),  as  recommended  by  Douglas H. Hopper, Consulting Geologist, in his
report  entitled  "Exploration  Potential  of Hi-Ho Claims, Garnet Creek", dated
March  11,  1999  (the  "Exploration  Report").  In  the Exploration Report, Mr.
Hopper  estimates  the total cost of the Work Program at CDN$8,495.  Pursuant to
the  terms  of  an  Amending  Agreement  dated  February  9, 2000 (the "Amending
Agreement"),  between  Gerry  Diakow and the Company, the Work Program was to be
financed  by  December  31,  2000.  Pursuant  to  the terms of a Second Amending
Agreement  dated for reference August 1, 2000 (the "Second Amending Agreement"),
between  Gerry  Diakow and the Company, the Work Program must now be financed no
later  than  December  31,  2001.  A  copy  of  the Second Amending Agreement is
attached  to  this  Quarterly  Report  as  an  exhibit.

<PAGE>

In  partial  satisfaction  of the Work Program and under the terms of the Option
Agreement,  Gerry  Diakow  spent  five  (5)  days  between November 22, 1999 and
November  27,  1999  examining,  mapping,  hand trenching and sampling the Hi-Ho
Claims  (the  "Initial  Reconnaissance").  As  required  by the Work Program, on
February  3,  2000, Mr. Diakow prepared the initial engineering report, entitled
"Prospecting  Report on Rock Sampling over the Hi-Ho Property" (the "Prospecting
Report").  In  order  to fulfil the requirements of the Work Program, Mr. Diakow
will spend a further period of time (as yet undetermined), prior to December 31,
2001,  examining,  mapping,  hand  trenching  and sampling the Hi-Ho Claims (the
"Secondary Reconnaissance").  Following the Secondary Reconnaissance, and within
two  months,  Mr.  Diakow  will  prepare  a final engineering report (the "Final
Engineering  Report").  The  Final  Engineering  Report,  together  with  the
Prospecting  Report,  will  fulfil the terms of the Work Program, as well as the
requirements  to  hold  the  Hi-Ho  Claims  in good standing for between 3 and 4
years.  Depending  upon the economics of developing either an industrial mineral
property  or  a  precious  metal  property, a second phase of exploration may be
commenced.  The determination with respect to a second phase of exploration will
be  made by the President of the Company, Derek Herman.  The Company anticipates
that  the  Secondary  Reconnaissance under the Work Program will be completed by
December  31,  2001.

The  Work  Program

The Company has completed the Initial Reconnaissance under the Work Program with
respect  to  the  Hi-Ho  Claims,  and  intends  to  implement  the  Secondary
Reconnaissance  prior  to December 31, 2001.  As set out in the Option Agreement
and  in  accordance  with  the  Work  Program, Gerry Diakow will spend a further
period  of  time  (as yet undetermined) conducting the Secondary Reconnaissance,
following  which  the  Final  Engineering  Report  will be completed.  The Final
Engineering Report will fulfil the Work Program and the requirements to hold the
Hi-Ho  Claims  in  good  standing for between 3 and 4 years.  Depending upon the
economics  of  developing  either  an  industrial mineral property or a precious
metal property, a second phase of exploration may be commenced.  A determination
with  respect  to a second phase of exploration will be made by the President of
the  Company,  Derek  Herman,  and  will  be  dependent  upon  whether  further
exploration  of  the  Hi-Ho Claims is deemed to be economically and commercially
viable.

Cash  Requirements

The  Company's  cash  requirements  for the period ending September 30, 2001 are
estimated  at  $100,000, including CDN$4,215 for completion of the Work Program.
The  Company  currently  has  limited  funds  available,  and  should it require
additional  funds  over the next 12 months, the Company anticipates that it will
raise  additional  capital  through  a  private  placement.

Exploration  and  Development

To  date,  the  Company  has  not expended significant funds for exploration and
development.  The  Exploration Report was prepared prior to the Company entering
into  the  Assignment  Agreement.  Pursuant  to  the  Assignment  Agreement, the
Company  paid the sum of $10,000 to Wet Coast to acquire Wet Coast's interest in
the  Option Agreement.  The Company anticipates that it will spend approximately
$50,000  on  further  exploration  and  development  (including CDN$4,215 on the
completion  of  the  Work  Program)  through  September 30, 2001, in the form of
financing  of  the  Secondary  Reconnaissance under the Work Program, and in the
event  that  further  exploration  and  development  is  deemed economically and
commercially  viable,  a  further  $50,000 in this regard.  The Company does not
anticipate  that it will expend additional funds for exploration and development
through  September  30, 2001, and will not know whether it will expend any funds
after  that  date  until  it  receives and reviews the Final Engineering Report.

Purchase  of  Significant  Equipment

The  Company  does  not  intend  to  purchase  any significant equipment through
September  30,  2001.

Employees

<PAGE>

At  this  time,  the  Company  does  not  anticipate  a  change in the number of
employees  it  retains  (currently  one  employee).

                           PART II - OTHER INFORMATION

ITEM  1.     LEGAL  PROCEEDINGS.

The  Company  knows  of no material, active or pending legal proceedings against
it,  nor  is  the Company involved as a plaintiff in any material proceedings or
pending  litigation.  There are no proceedings in which any director, officer or
affiliate  of  the  Company,  or  any registered or beneficial shareholder is an
adverse  party  of  has  a  material  interest  adverse  to  the  Company.

ITEM  2.     CHANGES  IN  SECURITIES.

The  Company did not issue any securities during the quarter ended September 30,
2000.

On  October  4,  2000, an aggregate of 4,975,000 common shares in the capital of
the  Company  were  returned  to  treasury and cancelled as of June 28, 2000, as
agreed  by the Company and the 10 shareholders who returned the common shares to
treasury  for  cancellation.

ITEM  3.     DEFAULTS  UPON  SENIOR  SECURITIES.

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.

Report  on  Form  8-K

The  Company  did  not  file  any  reports  on Form 8-K during the quarter ended
September  30,  2000.

Financial  Statements  Filed  as  a  Part  of  the  Quarterly  Report

     The  Company's  unaudited  financial  statements  include:

          Balance  sheets
          Statements  of  Operations
          Statements  of  Changes  in  Stockholders'  Equity
          Statements  of  Cash  Flows
          Notes  to  the  Financial  Statements

Exhibits  Required  by  Item  601  of  Regulation  S-B

<PAGE>

Exhibit     Description
Number

(3)     Articles  of  Incorporation  and  By-laws:

     3.1     Articles  of Incorporation effective March 3, 1999 (incorporated by
             reference from the Company's  Form  10-SB (amended), filed on March
             30, 2000)

     3.2     By-Laws effective March 4, 1999 (incorporated by reference from the
             Company's  Form  10-SB  (amended),  filed  on  March  30,  2000)

(10)     Material  Contracts

     10.1     Second  Amending  Agreement  between the Company and Gerry Diakow,
              dated  for  reference  August  1,  2000

(27)     Financial  Data  Schedule

<PAGE>

                                   SIGNATURES

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.


     QUILCHENA  RESOURCES  INC.

     /s/ Derek Herman
     Derek  Herman,  President/Director
     Date:     November 7,  2000