<PAGE> 1


                           UNITED STATES
                 SECURITIES AND EXCHANGE COMMISSION
                      Washington, D. C.  20549
                             FORM 10-Q

   [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934 

For the quarterly period ended SEPTEMBER 30, 1997

                                 OR

   [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934 

For the transition period from               to
                               -------------    -------------

Commission file number      0-4846-3
                       --------------------------------------------

                            CONSIL CORP.
           ---------------------------------------------
       (Exact name of registrant as specified in its charter)

            Idaho                                82-0288840      
------------------------------------------    ---------------------
  (State or other jurisdiction of              (I.R.S. Employer
   incorporation or organization)               Identification No.)

  6500 Mineral Drive
  Coeur d'Alene, Idaho                           83815-8788       
------------------------------------------    ---------------------
  (Address of principal executive offices)      (Zip Code)

                         208-769-4100                             
-------------------------------------------------------------------
        (Registrant's telephone number, including area code)


Indicate by check  mark whether  the registrant (1)  has filed  all
reports  required  to be  filed  by  Section  13  or 15(d)  of  the
Securities Exchange Act of 1934 during the preceding 12 months, and
(2)  has been subject to such  filing requirements for at least the
past 90 days.    Yes  XX .   No     .
                     ----       ----

    Indicate  the  number of  shares  outstanding  of each  of  the
issuer's  classes  of common  stock, as  of the  latest practicable
date.  

             Class                   Outstanding September 30, 1997
------------------------------       ------------------------------
  Common stock, no par value                9,449,757 shares


<PAGE> 2

                            CONSIL CORP.

                             FORM 10-Q 

              FOR THE QUARTER ENDED SEPTEMBER 30, 1997


                             I N D E X
                             ---------

                                                               Page
                                                               ----
PART I. - Financial Information

    Item l   -  Consolidated Balance Sheets - 
                September 30, 1997 and December 31, 1996         3

             -  Consolidated Statements of Operations and 
                Accumulated Deficit - Three Months and Nine
                Months Ended September 30, 1997 and 1996         4

             -  Consolidated Statements of Cash Flows -  
                Nine Months Ended September 30, 1997 
                and 1996                                         5

             -  Notes to Consolidated Financial Statements       6

    Item 2   -  Management's Discussion and Analysis of 
                Financial Condition and Results of Operations    8


PART II. - Other Information

    Item 1   -  Legal Proceedings                               12

    Item 6   -  Exhibits and Reports on Form 8-K                12


<PAGE> 3
                   PART I - FINANCIAL INFORMATION
                            CONSIL CORP.
              Consolidated Balance Sheets (Unaudited)
                           (U.S. Dollars)
                            -----------
<TABLE>
<CAPTION>
                                                           September 30, December 31,
                                                                1997         1996
                                                           ------------  ------------
                                     ASSETS
<S>                                                         <C>           <C>
Current assets:
       Cash and cash equivalents                             $   49,900    $  120,216
       Accounts receivable                                          - -         4,185
       Other receivables                                         64,274        66,446
       Income tax refund receivable                              23,253       210,816
       Prepaid and deferred expenses                                - -         3,022
                                                             ----------    ----------
             Total current assets                               137,427       404,685
                                                             ----------    ----------
Equipment (net of accumulated 
       depreciation of $6,241 in 1996)                              - -        38,603
Deferred stock offering costs                                       - -        29,682
                                                             ----------    ----------
             Total assets                                    $  137,427    $  472,970
                                                             ==========    ==========
                      LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
       Accounts payable - Hecla Mining Company               $  297,356    $  362,802
       Accounts payable - trade                                     - -         2,683
       Accrued liabilities                                       22,005        40,261
       Accrued interest payable - 
         Hecla Mining Company                                    59,531        17,901
       Note payable - Hecla Mining Company                      700,000       500,000
                                                             ----------    ----------
             Total current liabilities                        1,078,892       923,647
                                                             ----------    ----------
Stockholders' deficit:
       Preferred stock; $0.25 par value; authorized,
         10,000,000 shares; issued and outstanding, none            - -           - -
       Common stock; 1997 - no par value; 1996 - $0.10
         par value; authorized:  1997 - 100,000,000 shares;
         1996 - 20,000,000 shares; issued 9,455,689 shares    2,111,675       945,569
       Discount on common stock                                     - -      (190,709)
       Capital surplus                                              - -     1,356,815
       Accumulated deficit                                   (3,049,679)   (2,558,891)
       Less: Common stock reacquired at cost; 
         1997 and 1996 - 5,932 shares                            (3,461)       (3,461)
                                                             ----------    ----------
             Total stockholders' deficit                       (941,465)     (450,677)
                                                             ----------    ----------
             Total liabilities and stockholders'
                deficit                                      $  137,427    $  472,970
                                                             ==========    ==========
</TABLE>
                   The accompanying notes are an integral part
                    of the consolidated financial statements.
                                       -3-


<PAGE> 4
             PART I - FINANCIAL INFORMATION (Continued)

                            CONSIL CORP.

   Consolidated Statements of Operations and Accumulated Deficit
                     (Unaudited) (U.S. Dollars)

<TABLE>
<CAPTION>
                                     Three Months Ended            Nine Months Ended
                                ---------------------------   ---------------------------
                                September 30,  September 30,  September 30,  September 30,
                                    1997           1996           1997           1996
                                ------------   ------------   ------------   ------------
<S>                            <C>            <C>            <C>            <C>
Revenue:
   Transfer fees                $        - -   $        - -   $        - -   $        152
   Interest                               71            186            207          3,418
                                ------------   ------------   ------------   ------------
                                          71            186            207          3,570
                                ------------   ------------   ------------   ------------
Expenses:
   General and administrative        120,177        102,886        337,066        266,272
   Exploration and acquisition        54,596        292,648        106,646        476,852
   Depreciation                        1,014          1,528          4,495          3,782
   Interest                           14,979          5,442         41,630          5,442
   Loss on sale of equipment             - -            - -          1,158            - -
                                ------------   ------------   ------------   ------------
                                     190,766        402,504        490,995        752,348
                                ------------   ------------   ------------   ------------
Loss before income tax benefit      (190,695)      (402,318)      (490,788)      (748,778)
Income tax benefit                       - -         25,625            - -        101,110
                                ------------   ------------   ------------   ------------
Net loss                            (190,695)      (376,693)      (490,788)      (647,668)
Accumulated deficit at 
   beginning of period            (2,858,984)    (1,916,855)    (2,558,891)    (1,645,880)
                                ------------   ------------   ------------   ------------
Accumulated deficit at 
   end of period                $ (3,049,679)  $ (2,293,548)  $ (3,049,679)  $ (2,293,548)
                                ============   ============   ============   ============
Net loss per share of 
   common stock                 $      (0.02)  $      (0.04)  $      (0.05)  $      (0.07)
                                ============   ============   ============   ============
Cash dividends per share        $        - -   $        - -   $        - -   $        - -
                                ============   ============   ============   ============
Weighted average number of
   common shares outstanding       9,449,757      9,449,757      9,449,757      9,450,970
                                ============   ============   ============   ============
</TABLE>


                The accompanying notes are an integral part
                 of the consolidated financial statements.





                                    -4-


<PAGE> 5

                 PART I - FINANCIAL INFORMATION (Continued)

                                CONSIL CORP.

             Consolidated Statements of Cash Flows (Unaudited)
                               (U.S. Dollars)
<TABLE>
<CAPTION>
                                                    Nine Months Ended
                                              ------------------------------
                                              September 30,    September 30,
                                                  1997             1996
                                              -------------    -------------
<S>                                          <C>              <C>
Operating activities:  
    Net loss                                  $   (490,788)    $   (647,668)
    Noncash elements included in net loss:
       Depreciation                                  4,495            3,782
       Deferred income tax provision                   - -           13,381
       Prepaid and deferred legal and
       financing costs expensed                     32,704              - -
       Loss on sale of equipment                     1,158              - -
    Change in:
       Accounts and other receivables                6,357           (4,054)
       Income tax refund receivable                187,563          (78,853)
       Accounts payable and accrued
          liabilities                              (71,731)         (81,468)
       Accrued interest payable                     41,630              - -
       Other current assets                            - -          (24,965)
                                              ------------     ------------
    Net cash used by operating activities         (288,612)        (819,845)
Investing activities:                         ------------     ------------
    Proceeds from sale of equipment                 18,296              - -
    Purchase of property, plant 
       & equipment                                     - -          (23,660)
    Net cash provided (used)                  ------------     ------------
       by investing activities                      18,296          (23,660)
Financing activities:                         ------------     ------------
    Borrowing on Hecla Note Payable                369,699          500,000
    Repayments on Hecla Note Payable              (169,699)             - -
    Acquisition of treasury stock                      - -           (3,437)
    Net cash provided by financing            ------------     ------------
       activities                                  200,000          496,563
Net decrease in cash                          ------------     ------------
    and cash equivalents                           (70,316)        (346,942)
Cash and cash equivalents at 
    beginning of period                            120,216          588,787
Cash and cash equivalents at                  ------------     ------------
   end of period                              $     49,900     $    241,845
                                              ============     ============
</TABLE>

              The accompanying notes are an integral part of 
                   the consolidated financial statements.



                                    -5-


<PAGE> 6

               PART I - FINANCIAL INFORMATION (Continued)

                              CONSIL CORP.

               NOTES TO CONSOLIDATED FINANCIAL STATEMENTS



Note 1.   The  notes  to the  consolidated  financial  statements as  of
          December 31, 1996, as set forth in ConSil Corp.'s (the Company
          or  ConSil) 1996  Annual  Report on  Form 10-K,  substantially
          apply to these  interim consolidated financial  statements and
          are not repeated here.  All amounts are in U.S. dollars unless
          otherwise indicated.

Note 2.   The financial information given  in the accompanying unaudited
          interim  financial statements  reflects all  adjustments which
          are,  in  the  opinion  of management,  necessary  to  a  fair
          statement  of the  results for  the interim  periods reported.
          All  such adjustments are of  a normal recurring  nature.  All
          financial statements presented herein are unaudited.  However,
          the  balance sheet as of  December 31, 1996,  was derived from
          the  audited consolidated  balance sheet  described in  Note 1
          above.  Certain consolidated financial statement amounts  have
          been  reclassified to conform to the 1997 presentation.  These
          reclassifications  have   no  effect   on  the  net   loss  or
          accumulated deficit as previously reported.

Note 3.   The components of the  income tax benefit for the  nine months
          ended September 30, 1996 are as follows (in thousands):

                                                             
                    Current:
                      State income tax benefit       $ 28,970
                      Federal income tax benefit       85,521
                                                     --------
                    Total current benefit             114,491
                      Deferred provision              (13,381)
                                                     --------
                    Total                            $101,110
                                                     ========

Note 4.   At September 30, 1997, the Company had 9,449,757 common shares
          outstanding of which Hecla Mining Company (Hecla, the majority
          stockholder of the Company)  owned 7,418,300 shares or 78.503%
          of the outstanding shares.  

          Pursuant to  an agreement  between the Company's  wholly owned
          Mexican subsidiary, Minera ConSil, S.A de C.V. (Minera ConSil)
          and  Hecla Mining Company's  wholly owned  Mexican subsidiary,
          Minera  Hecla,  S.A.  de  C.V.  (Minera  Hecla),  the  Company
          received  a credit  against  exploration expenses  incurred in
          1996 and through the first quarter of 1997 of $57,364.  Actual




                                   -6-


<PAGE> 7

              PART I  -  FINANCIAL INFORMATION (Continued)

                              CONSIL CORP.


          exploration  expense for  the  first nine  months  of 1997  in
          connection with  services performed by Minera  Hecla under the
          direction  of the  management  of Minera  ConSil was  $13,767;
          expenses for the first nine  months of 1996 were approximately
          $351,000.

          Certain  general and  administrative expenses are  incurred by
          Hecla and reimbursed  by the Company.   These expenses totaled
          $11,705  for the first nine months of 1997 compared to $19,836
          for  the first nine months of 1996.   In addition, the Company
          reimbursed Hecla  for $24,179  of exploration expenses  in the
          first nine months of 1996.  On September 30, 1997, the Company
          sold its  remaining fixed  assets at  book value  ($14,655) to
          Hecla in partial settlement of amounts due.

          On  June  28,  1996, ConSil  and  Hecla  entered  into a  loan
          agreement whereby Hecla  agreed to make available  to ConSil a
          loan not to exceed $500,000, due in its entirety  on or before
          December 31, 1996.  On February 19, 1997 the Company and Hecla
          amended the Loan Agreement to increase the amount available to
          $700,000   with   a  due   date   of  April 30,   1997.     On
          April 16, 1997, the Loan Agreement - Second Amendment extended
          the  date of repayment  to no later  than August 1,  1997.  On
          August 1,  1997 the Loan Agreement -  Third Amendment extended
          the  date of  repayment to  September 30, 1997,  and effective
          October 1, 1997 the Loan Agreement - Fourth Amendment extended
          the  repayment to  March 31,  1998.   As of  October 31, 1997,
          $700,000 was payable to Hecla under the Loan Agreement.  Hecla
          and ConSil are working towards a plan to repay this debt.

Note 5.   The Company prepares its consolidated financial  statements in
          accordance  with  generally  accepted   accounting  principles
          ("GAAP")  in  the  United  States.    The  Company  also   has
          regulatory  reporting requirements  in Canada.   There  are no
          differences between  U.S. GAAP and Canadian  GAAP with respect
          to stockholders' deficit or net loss at September 30, 1997 and
          the  nine  months  then ended.    For  the  nine months  ended
          September 30, 1996, the  net loss would be  reduced by $13,381
          and stockholders'  deficit would  be reduced by  $85,619 under
          Canadian GAAP.

Note 6.   The  Company received a notice letter dated June 26, 1997 from
          the United States and the Coeur d'Alene Indian Tribe notifying
          the Company that it may be added as a defendant in the








                                   -7-


<PAGE> 8

              PART I  -  FINANCIAL INFORMATION (Continued)

                              CONSIL CORP.


          Coeur d'Alene River  Basin natural resource  damage litigation
          pending under the  Superfund law in Federal District  Court in
          Idaho.    (Filed  on  Form  8-K  dated  July  4,  1997.)    On
          August 21,  1997,  the United States  Environmental Protection
          Agency  (EPA)  stated  that it  would  not  name  ConSil as  a
          defendant in the Coeur d'Alene River Basin Litigation.  (Filed
          on Form 8-K dated September 3, 1997).

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
---------------------------------------------------------------
RESULTS OF OPERATIONS
---------------------

          INTRODUCTION
          ------------

          Except  for the historical  information contained  herein, the
          matters  discussed that are forward-looking statements involve
          risks and  uncertainties, including the  timely development of
          future projects, the impact  of metals prices, changing market
          conditions  and  regulatory   environment,  and  other   risks
          detailed from time to time in the Company's Form 10-K and Form
          10-Qs  filed with  the United  States Securities  and Exchange
          Commission.   Actual results may differ  materially from those
          projected  or implied.    Forward-looking statements  included
          herein represent the Company's judgment as of the date of this
          filing.    The  Company  disclaims,  however,  any  intent  or
          obligation to update these forward-looking statements.

          On July 22, 1996, the Company entered into a Letter of  Intent
          with  Minas La Colorada, S.A. de C.V. (MLC) which was replaced
          by  a Heads  of  Agreement dated  December  19, 1996  for  the
          acquisition of  a 100%  interest in  the assets  of MLC.   The
          final  Master Agreement  was  signed effective  June 2,  1997.
          Pursuant to  this Agreement,  ConSil was  required to  raise a
          minimum of $6 million  prior to August 1, 1997.   However, due
          to  depressed silver prices and a  poor market environment for
          precious  metals companies,  ConSil  was unable  to raise  the
          required funds.  Accordingly,  effective August 2, 1997, Minas
          La Colorada  terminated ConSil's exclusive  right to  purchase
          the assets.

          On  September 23,  1997 the  Company announced that  Mr. Ralph
          Noyes,  President and  Chairman of  the Board  of ConSil,  had
          tendered  his resignation  effective September  30, 1997.   On
          October  8, 1997, the Board appointed Mr. George R. Johnson as
          President   and    Chairman    of    the    Board,   effective





                                   -8-


<PAGE> 9

              PART I  -  FINANCIAL INFORMATION (Continued)

                              CONSIL CORP.


          October 1, 1997.   Mr. Johnson is also  Vice President - Metal
          Mining  for Hecla  Mining Company.   In  other changes  to the
          Board  of   Directors,  Mr.  R.  Stuart   Angus  tendered  his
          resignation effective October 14, 1997.

          RESULTS OF OPERATIONS
          ---------------------

          FIRST NINE MONTHS OF 1997 COMPARED TO FIRST NINE MONTHS OF
          ----------------------------------------------------------
          1996
          ----

          The  Company  reported a  net loss  of  $490,788 or  $0.05 per
          share, for  the first  nine months of  1997 compared to  a net
          loss of $647,668 ($0.07 per share) in the same period in 1996.
          The decrease in the net loss is a result of the termination of
          all exploration programs, due to lack of funds, resulting in a
          decrease  in expenses of $461,000.   This was partially offset
          by an increase in general and administrative costs of $71,000,
          acquisition costs  of $91,000, interest expense  of $36,000, a
          net  exploration credit  of  $27,000, and  a  decrease in  the
          income tax benefit of $101,000.   Interest income declined  by
          $3,400.   The increase in general  and administrative expenses
          is  primarily due  to  increases in  legal  fees and  investor
          relations expenses  associated  with the  Company's  reporting
          requirements  to  securities   regulators  and   stockholders.
          Acquisition   expenses  relating  to  the  proposed  Minas  La
          Colorada purchase were  $133,243 for the first nine  months of
          1997,  and $42,344  in  the same  period  of 1996.    Interest
          expense  in the  1997  and 1996  periods  relate to  the  note
          payable to Hecla which was initiated June 28, 1996.

          THREE MONTHS ENDED SEPTEMBER 30, 1997 COMPARED TO THREE MONTHS
          ------------------------------------------------------------
          ENDED SEPTEMBER 30, 1996
          ------------------------

          The Company reported a net loss of $190,695 or $0.02 per share
          in the  third quarter of  1997, comparable  to a  net loss  of
          $376,693 ($0.04 per share) in the third quarter of 1996.   The
          components of  each year's net loss are  primarily general and
          administrative  expenses  with   a  reduction  of  exploration
          expense  in  1997  of  $250,300   offset  by  an  increase  in
          acquisition expense ($12,200),  interest expense ($9,500)  and
          the lack of income tax benefits ($25,625 in 1996).






                                   -9-


<PAGE> 10

              PART I  -  FINANCIAL INFORMATION (Continued)

                              CONSIL CORP.


          FINANCIAL CONDITION AND LIQUIDITY
          ---------------------------------

          At   September  30,   1997,   assets   totaled  $137,427   and
          stockholders'  deficit  totaled  $941,465.    Cash  and   cash
          equivalents decreased  by $70,316 to $49,900  at September 30,
          1997 from $120,216 at December 31, 1996.  Operating activities
          used  $303,266 of cash during  the first nine  months of 1997.
          The primary uses  of cash  for operating  activities were  for
          administrative expenses and acquisition expenses.  

          Working  capital  decreased  $422,503  during  the  first nine
          months  of 1997, from a negative $518,962 at December 31, 1996
          to a negative $941,465 at September 30, 1997.  The decrease in
          working capital  is primarily the result  of funding operating
          losses associated with general and administrative expenses and
          acquisition expenses.

          ConSil's  extension on  all provisions  of the  agreement with
          Grupo  Catorce  on  the Sombrerete  properties  in  Zacatecas,
          Mexico,  including a  suspension of all  required expenditures
          and payments to Grupo Catorce, expired August 31, 1997 and was
          not extended, due to lack of funds.

          Any  further exploration  projects, potential  acquisitions or
          even limited  operations are subject  to ConSil being  able to
          raise  funds from external sources.  If other sources of funds
          are unavailable,  Hecla has  committed to fund  the reasonable
          minimum   financial  requirements   of  the   Company  through
          March 31,  1998.    Existing  cash and  cash  equivalents  are
          sufficient to fund these limited expenditures.   

          NEW ACCOUNTING PRONOUNCEMENT
          ----------------------------

          In February 1997, Statement of  Financial Accounting Standards
          No. 128 (SFAS 128), "Earnings per Share" was issued.  SFAS 128
          establishes  standards for  computing and  presenting earnings
          per  share (EPS) and simplifies  the existing standards.  This
          standard  replaces  the presentation  of  primary  EPS with  a
          presentation  of  basic  EPS.    It  also  requires  the  dual
          presentation  of  basic and  diluted EPS  on  the face  of the
          income  statement  for  all  entities   with  complex  capital
          structures and requires a  reconciliation of the numerator and
          denominator of the basic EPS computation  to the numerator and
          denominator of the diluted EPS computation.  SFAS 128 is






                                  -10-


<PAGE> 11

              PART I  -  FINANCIAL INFORMATION (Continued)

                              CONSIL CORP.


          effective for financial  statements issued for periods  ending
          after   December 15,  1997,  including   interim  periods  and
          requires  restatement of all  prior-period EPS data presented.
          The Company does not believe  the application of this standard
          will have a material effect on the presentation of its earning
          per share disclosures.














































                                  -11-


<PAGE> 12

                       PART II - OTHER INFORMATION

                              CONSIL CORP.


Item 1.   Legal Proceedings
------    -----------------

          There are no pending legal proceedings.

Item 6.   Exhibits and Reports on Form 8-K
------    --------------------------------

          (a)  Exhibits
               27        -    Financial Data Schedule
               10.6 -    Loan Agreement - Third Amendment
               10.7 -    Loan Agreement - Fourth Amendment


          (b)  Reports on Form 8-K

               Report  on Form  8-K dated  July 10,  1997, related  to a
               press release  dated July 4, 1997  concerning notice from
               the  United States and the Coeur  d'Alene Indian Tribe of
               their  intent to add ConSil  as a defendant  in the Coeur
               d'Alene River Basin natural resource damage litigation.

               Report  on Form  8-K dated  July 10,  1997, related  to a
               press release  dated July  9, 1997 concerning  signing of
               detailed purchase agreements with  Minas la Colorada S.A.
               de C.V. for the purchase of MLC's assets.

               Report  on Form 8-K dated September 3, 1997, related to a
               press release dated  September 3, 1997 concerning  notice
               received  from the United States Environmental Protection
               Agency  that it would not  name ConSil as  a defendant in
               the Coeur d'Alene River Basin litigation.

          Items 2, 3, 4 and 5 of Part II are omitted from this report as
          inapplicable.  

















                                  -12-


<PAGE> 13


                               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.  


                                            CONSIL CORP.
                             -------------------------------------- 
                                            (Registrant)



Date:  November 12, 1997     By:   /s/  Michael B. White
                                ----------------------------------- 
                                   Michael B. White
                                   Vice President




Date:  November 12, 1997     By:   /s/  Cheryl Maher
                                -----------------------------------
                                   Cheryl Maher
                                   Vice President - Finance and
                                   Controller (principal accounting
                                   and financial officer)




























                                  -13-


<PAGE> 14

                              CONSIL CORP.

              Form 10Q  -  Period Ending September 30, 1997

                              EXHIBIT LIST



 Exhibit No.                            Description
 -----------                  ------------------------------

     27                       Financial Data Schedule

     10.6                     Loan Agreement - Third Amendment

     10.7                     Loan Agreement - Fourth Amendment









































                                  -14-