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

                                   FORM 10-QSB

[xx]     QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE
         ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2000

                        Commission file Number: 000-30658

                           CORBETT LAKE MINERALS, INC.
        (Exact name of small business issuer as specified in its charter)

                                     Nevada
         (State or other jurisdiction of incorporation or organization)

                                   91-2008331
                     (I.R.S. Employer Identification Number)

                                   Suite 1500
                             885 West Georgia Street
                           Vancouver, British Columbia
                                     V6C 3E8
                    (Address of principal executive offices)

                                  (604)687-0717
                           (Issuer's telephone number)

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:              12,000,000 common shares
as at September 30, 2000

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

<PAGE>

                           CORBETT LAKE MINERALS, INC.

                                      INDEX

PART 1.  FINANCIAL INFORMATION

         Item 1.    Financial Statements

                    Consolidated Balance Sheets as of
                    September 30, 2000 and March 31, 2000

                    Consolidated  Statements of Operations for the periods ended
                    September 30, 2000 and September 30, 1999

                    Consolidated  Statements of Cash Flows for the periods ended
                    September 30, 2000 and September 30, 1999

                    Consolidated Statements of Changes in Stockholders' Equity

                    Notes to Consolidated Financial Statements

         Item 2     Plan of Operation

PART II. OTHER INFORMATION

         Item 1     Legal Proceedings

         Item 2     Changes in Securities

         Item 3     Defaults Upon Senior Securities

         Item 4     Submission of Matters to a Vote of Security Holders

         Item 5     Other Information

         Item 6     Exhibits and Reports on Form 8K


         SIGNATURES


                                       2
<PAGE>





                           CORBETT LAKE MINERALS, INC.
                         (AN EXPLORATION STAGE COMPANY)

                              FINANCIAL STATEMENTS
                      (EXPRESSED IN UNITED STATES DOLLARS)
                                   (UNAUDITED)

                               SEPTEMBER 30, 2000

<PAGE>

CORBETT LAKE MINERALS, INC.
(An Exploration Stage Company)
BALANCE SHEETS
(Unaudited)

<TABLE>
<CAPTION>
=============================================================================================================================

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

ASSETS

CURRENT
    Cash and cash equivalents                                                               $         4,113  $       32,426
    Prepaid expenses                                                                                  1,500              --
                                                                                            ---------------  --------------

                                                                                            $         5,613  $       32,426
=============================================================================================================================


LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT
    Accounts payable and accrued liabilities                                                $         5,384  $       10,579
                                                                                            ---------------  --------------

STOCKHOLDERS' EQUITY
    Capital stock (Note 5)
       Authorized
         200,000,000  common shares, par value of $0.001
       Issued and outstanding
         September 30, 2000 - 12,000,000 common shares
         December 31, 1999 - 12,000,000 common shares                                                12,000           12,000
    Additional paid-in capital                                                                       45,000           45,000
    Deficit accumulated during the exploration stage                                                (56,771)         (35,153)
                                                                                            ---------------  ---------------

    Total stockholders' equity                                                                          229           21,847
                                                                                            ---------------  ---------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                                  $         5,613  $        32,426
=============================================================================================================================


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>

CORBETT LAKE MINERALS, INC.
(An Exploration Stage Company)
STATEMENTS OF OPERATIONS
(Unaudited)

<TABLE>
<CAPTION>
==============================================================================================================================

                                            Cumulative
                                                  from
                                         Incorporation
                                                    on
                                         March 3, 1999       Three Month      Three Month        Nine Month        Nine Month
                                                    to      Period Ended     Period Ended      Period Ended      Period Ended
                                         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
    Exploration costs                            2,875               --                --            2,875                --
    Filing and transfer agent fees               2,226               --                --            2,131                95
    Legal and audit fees                        23,149            3,539                --            8,731             2,644
    Management fees                             15,000               --                --            5,000                --
    Mineral property
       acquisition costs                        12,881               --                --            2,881                --
                                       ---------------  ---------------   ---------------  ---------------   ---------------

LOSS FOR THE PERIOD                    $        56,771  $         3,539   $            --  $        21,618   $         3,379
==============================================================================================================================


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


WEIGHTED AVERAGE SHARES
    OUTSTANDING                                              12,000,000        12,000,000       12,000,000        12,000,000
==============================================================================================================================
</TABLE>


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

<PAGE>

CORBETT LAKE MINERALS, INC.
(An Exploration Stage Company)
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
(Unaudited)

<TABLE>
<CAPTION>
==============================================================================================================================

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

INCEPTION, MARCH 3, 1999                                       --  $          --  $          --  $          --  $          --

Shares issued for cash                                 12,000,000         12,000         45,000             --         57,000

Loss for the period                                            --             --             --        (35,153)       (35,153)
                                                    -------------  -------------  -------------  -------------  -------------

BALANCE, DECEMBER 31, 1999                             12,000,000         12,000         45,000        (35,153)        21,847

Loss for the period                                            --             --             --        (21,618)       (21,618)
                                                    -------------  -------------  -------------  -------------  -------------

BALANCE, SEPTEMBER 30, 2000                            12,000,000  $      12,000  $      45,000  $     (56,771) $         229
==============================================================================================================================
</TABLE>


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

<PAGE>

CORBETT LAKE MINERALS, INC.
(An Exploration Stage Company)
STATEMENTS OF CASH FLOWS
(Unaudited)

<TABLE>
<CAPTION>
==============================================================================================================================

                                                                               Cumulative
                                                                                     from
                                                                            Incorporation
                                                                                       on
                                                                            March 3, 1999        Nine Month        Nine Month
                                                                                       to      Period Ended      Period Ended
                                                                            September 30,     September 30,     September 30,
                                                                                     2000              2000              1999
------------------------------------------------------------------------------------------------------------------------------
<S>                                                                       <C>              <C>               <C>

CASH FLOWS FROM OPERATING ACTIVITIES
    Loss for the period                                                   $       (56,771) $       (21,618)  $        (3,379)

    Change in other operating assets and liabilities:
       Increase in prepaid expenses                                                (1,500)          (1,500)               --
       Increase (decrease) in accounts payable and accrued liabilities              5,384           (5,195)            2,644
                                                                          ---------------  ---------------   ---------------

    Net cash used in operating activities                                         (52,887)         (28,313)             (735)
                                                                          ---------------  ---------------   ---------------


CASH FLOWS FROM INVESTING ACTIVITIES
    Net cash used in investing activities                                              --               --                --
                                                                          ---------------  ---------------   ---------------


CASH FLOWS FROM FINANCING ACTIVITIES
    Issuance of capital stock for cash                                             57,000               --            27,533
                                                                          ---------------  ---------------   ---------------

    Net cash provided by financing activities                                      57,000               --            27,533
                                                                          ---------------  ---------------   ---------------


CHANGE IN CASH AND CASH EQUIVALENTS DURING THE PERIOD                               4,113          (28,313)           26,798


CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                         --           32,426                --
                                                                          ---------------  ---------------   ---------------


CASH AND CASH EQUIVALENTS, END OF PERIOD                                  $         4,113  $         4,113   $        26,798
==============================================================================================================================

CASH PAID DURING THE PERIOD FOR:
    Interest expense                                                      $            --  $            --   $            --
    Income taxes                                                                       --               --                --
==============================================================================================================================
</TABLE>

SUPPLEMENTAL DISCLOSURE FOR NON-CASH FINANCING AND INVESTING ACTIVITIES

     There were no significant non-cash  transactions for the nine month periods
     ended September 30, 2000 and 1999 and for the period from  incorporation on
     March 3, 1999 to September 30, 2000.

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

<PAGE>

CORBETT LAKE MINERALS, INC.
(An Exploration Stage Company)
NOTES TO THE FINANCIAL STATEMENTS
(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.

<TABLE>
<CAPTION>
         ====================================================================================================================

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

         Deficit accumulated during the exploration stage                                    $       (56,771) $      (35,153)
         Working capital                                                                                 229          21,847
         ====================================================================================================================
</TABLE>


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.

<PAGE>

CORBETT LAKE MINERALS, INC.
(An Exploration Stage Company)
NOTES TO THE FINANCIAL STATEMENTS
(Unaudited)
SEPTEMBER 30, 2000

================================================================================

3.       SIGNIFICANT ACCOUNTING POLICIES (cont'd.....)

         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.

         FINANCIAL INSTRUMENTS

         The  Company's   financial   instruments   consist  of  cash  and  cash
         equivalents  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.

         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.

         ENVIRONMENTAL REQUIREMENTS

         At the  report  date,  environmental  requirements  related  to mineral
         claims  acquired  (Note 4) are unknown and therefore an estimate of any
         future cost cannot be made.

         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>

CORBETT LAKE MINERALS, INC.
(An Exploration Stage Company)
NOTES TO THE FINANCIAL STATEMENTS
(Unaudited)
SEPTEMBER 30, 2000

================================================================================

3.       SIGNIFICANT ACCOUNTING POLICIES (cont'd.....)


         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.

         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.

         ACCOUNTING FOR DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

         In September  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 September 15, 1999. In
         September 1999, the FASB issued SFAS 137 to defer the effective date of
         SFAS 133 to fiscal  quarters of fiscal years  beginning after September
         15,  2000.  The Company  does not  anticipate  that the adoption of the
         statement will have a significant impact on its financial statements.

4.       MINERAL PROPERTY

         On July 20,  1999,  the  Company  acquired an option to purchase a 100%
         interest  in the CP 1-12  mining  claims  located in the Nicola  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$11,700 by
         July 20, 2000.

<PAGE>

CORBETT LAKE MINERALS, INC.
(An Exploration Stage Company)
NOTES TO THE FINANCIAL STATEMENTS
(Unaudited)
SEPTEMBER 30, 2000

================================================================================

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  has  issued  7,000,000  common  shares  under Rule 504 of
         Regulation D of the  Securities  Act of 1933,  at a price of $0.001 per
         share,  for total  proceeds  of $7,000.  In  addition,  the Company has
         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.       INCOME TAXES

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

<TABLE>
<CAPTION>
         ====================================================================================================================

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

         Tax benefit of net operating loss carryforward                                      $         8,516  $        5,273
         Valuation allowance                                                                          (8,516)         (5,273)
                                                                                             ---------------  --------------

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

         The Company has a net  operating  loss  carryforward  of  approximately
         $56,771.  The Company has  provided a full  valuation  allowance on the
         deferred tax asset because of the uncertainty regarding realizability.

7.       RELATED PARTY TRANSACTIONS

         Management  fees of $5,000  were paid to a director  of the Company for
         the nine month period ended  September 30, 2000  (September  30, 1999 -
         $Nil).

8.       COMMITMENT

         The Company  entered into an Employment  and Services  Agreement  dated
         August 2, 1999,  with the director of the Company,  whereby the Company
         shall pay a salary of $15,000 annually for a period of two years.

<PAGE>

                                PLAN OF OPERATION

The following  discussion of the plan of operation of the Company should be read
in  conjunction  with the  financial  statements  and the related  notes thereto
included  elsewhere in this quarterly report for the nine months ended September
30, 2000. This quarterly report contains certain forward-looking  statements and
the  Company's  future  operation  results  could differ  materially  from those
discussed herein.

The Company can satisfy its cash  requirements  for the next 12 months from cash
on hand. Unless the Company acquires additional mineral  exploration  properties
or commits to a significant  exploration  program on its existing  property,  it
will not be required to raise additional funds in the next 12 months.

Management of the Company will be reviewing the results from the Company's  most
recent  exploration  program on its claims with  consultants  over the  upcoming
months to determine what further work is warranted on the claims.  Management of
the Company will also be looking to acquire additional claims if such claims are
offered on attractive terms.

The Company does not expect to purchase any plant or significant  equipment over
the next 12 months.  The Company does not expect any significant  changes in the
number of its employees over the next 12 months.

                                     PART II
                                OTHER INFORMATION

Item 1.  LEGAL PROCEEDINGS

         None

Item 2   CHANGES IN SECURITIES AND USE OF PROCEEDS

         None

Item 3   DEFAULTS UPON SENIOR SECURITIES

         None

Item 4   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

         None

Item 5   OTHER INFORMATION

         None


                                       12
<PAGE>

Item 6   EXHIBITS AND REPORTS ON FORM 8-K

         (a)      Exhibits

                  Exhibit 27.1 - Financial Data Schedule

         (b)      Reports on Form 8-K

                  None

                                   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.

                                      CORBETT LAKE MINERALS, INC.

Dated:  November 10, 2000             Per:    /s/ Jason John
                                              ----------------------------------
                                              Jason John, President and Director