<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, 1998

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 October 30, 1998
--------------------------------    -----------------------------
Common stock, no par value               9,449,757 shares









<PAGE> 2

                          CONSIL CORP.

                            FORM 10-Q
                                
            FOR THE QUARTER ENDED SEPTEMBER 30, 1998
                                
                                
                                
                           I N D E X *
                           -----------

                                                            Page
PART I. - Financial Information

   Item l -   Consolidated Balance Sheets -
              September 30, 1998 and December 31, 1997       3

          -   Consolidated Statements of Operations -
              Three Months and Nine Months Ended
              September 30, 1998 and 1997                    4

          -   Consolidated Statements of Cash Flows -
              Nine Months Ended September 30, 1998 and 1997  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                              11

   Item 6 -   Exhibits and Reports on Form 8-K               11




*  Items omitted are not applicable.
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                               -2-
<PAGE> 3
                                
                                
                 PART I - FINANCIAL INFORMATION
                                
                          CONSIL CORP.
                                
             Consolidated Balance Sheets (Unaudited)
                         (U.S. Dollars)
                          -------------
<TABLE>
<CAPTION>

                                                        September 30, December 31,
                                                            1998          1997
                                                         -----------  -----------
                                       ASSETS
<S>                                                      <C>          <C>
Current assets:
    Cash and cash equivalents                            $    13,549   $    38,267
    Accounts receivable                                          353           - -
    Other receivables                                            - -        60,571
    Income tax refund receivable                               8,000         8,000
                                                         -----------   -----------

             Total current assets                             21,902       106,838
                                                         -----------   -----------

Deferred income taxes                                          8,000         8,000
                                                         -----------   -----------

             Total assets                                $    29,902   $   114,838
                                                         ===========   ===========

                       LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities:
    Accounts payable - Hecla Mining Company              $   247,224   $   318,865
    Accounts payable - trade                                     - -         6,247
    Accrued interest payable - Hecla Mining Company          130,503        77,420
    Note payable - Hecla Mining Company                      700,000       700,000
                                                         -----------   -----------

             Total current liabilities                     1,077,727     1,102,532
                                                         -----------   -----------

Stockholders' deficit:
    Preferred stock; $0.25 par value; authorized,
      10,000,000 shares; issued and outstanding,  none           - -           - -
    Common stock - no par value; authorized:
      100,000,000 shares; issued 9,455,689 shares          2,111,675     2,111,675
    Accumulated deficit                                   (3,156,039)   (3,095,908)
    Less: Common stock reacquired at cost - 5,932 shares      (3,461)       (3,461)
                                                         -----------   -----------

             Total stockholders' deficit                  (1,047,825)     (987,694)
                                                         -----------   -----------

             Total liabilities and stockholders'
               deficit                                   $    29,902   $   114,838
                                                         ===========   ===========

</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
                   (Unaudited) (U.S. Dollars)

<TABLE>
<CAPTION>
                                       Three Months Ended            Nine Months Ended
                                   --------------------------    --------------------------
                                   September 30, September 30,   September 30, September 30,
                                       1998          1997             1998          1997
                                    -----------   -----------     -----------   -----------
<S>                                 <C>           <C>             <C>           <C>
Revenue:
   Interest                         $        73   $        71     $     6,134   $       207
   Miscellaneous                            - -           - -           5,228           - -
                                    -----------   -----------     -----------   -----------
                                             73            71          11,362           207
                                    -----------   -----------     -----------   -----------

Expenses:
   General and administrative             2,245       119,705          20,173       335,955
   Exploration and acquisition              - -        54,596             - -       106,646
   Depreciation                             - -         1,014             - -         4,495
   Interest                              17,888        14,979          53,083        41,630
   Loss on sale of equipment                - -           - -             - -         1,158
   Foreign exchange (gain) loss          (3,517)          472          (1,763)        1,111
                                    -----------    ----------     -----------   -----------
                                         16,616       190,766          71,493       490,995
                                    -----------    ----------     -----------   -----------

Loss before income taxes                (16,543)     (190,695)        (60,131)     (490,788)
Income taxes                                - -           - -             - -           - -
                                    -----------   -----------     -----------   -----------
Net loss                            $   (16,543)  $  (190,695)    $   (60,131)  $  (490,788)
                                    ===========   ===========     ===========   ===========

Net loss per share of
   common stock                     $       nil   $     (0.02)    $      (.01)  $     (0.05)
                                    ===========   ===========     ===========   ===========

Cash dividends per share            $       - -   $       - -     $       - -   $       - -
                                    ===========   ===========     ===========   ===========

Weighted average number of
   common shares outstanding          9,449,757     9,449,757       9,449,757     9,449,757
                                    ===========   ===========     ===========   ===========


</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,
                                               1998           1997
                                          -------------  -------------
<S>                                        <C>            <C>
Operating activities:
   Net loss                                $    (60,131)  $   (490,788)
   Noncash elements included in net loss:
      Prepaid and deferred legal and
         financing costs expensed                   - -         32,704
      Depreciation                                  - -          4,495
      Loss on sale of equipment                     - -          1,158
   Change in:
      Accounts and other receivables             60,218          6,357
      Income tax refund receivable                  - -        187,563
      Accounts payable                          (77,888)       (71,731)
      Accrued interest payable                   53,083         41,630
                                           ------------   ------------
   Net cash used by operating activities        (24,718)      (288,612)
                                           ------------   ------------
Investing activities:
   Proceeds from sale of equipment                  - -         18,296
                                           ------------   ------------
   Net cash provided
      by investing activities                       - -         18,296
                                           ------------   ------------
Financing activities:
   Borrowing on Hecla note payable                  - -        369,699
   Repayments on Hecla note payable                 - -       (169,699)
                                           ------------   ------------
   Net cash provided by financing
      activities                                    - -        200,000
                                           ------------   ------------
Net decrease in cash
   and cash equivalents                         (24,718)       (70,316)

Cash and cash equivalents at
   beginning of period                           38,267        120,216
                                           ------------   ------------
Cash and cash equivalents at
   end of period                           $     13,549   $     49,900
                                           ============   ============
</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,  1997,  as  set forth in  ConSil  Corp.'s  (the
          Company  or ConSil) 1997  Annual Report on Form 10-K, substan
          tially   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, 1997, 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 1998 presentation.  These
          reclassifications   have  no  effect  on  the  net  loss   or
          accumulated deficit as previously reported.

Note 3.   At   September 30,  1998,   the  Company had 9,449,757 common
          share s 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.  Certain general  and
          administrative  expenses are incurred by Hecla and reimbursed
          by  the Company.  These  expenses totaled $279 for the  first
          nine  months  of 1998 compared to $11,705 for the first  nine
          months of 1997.

          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.   This  loan agreement  was subsequently
          amended on five separate occasions,  increasing   the  amount
          available to borrow to $725,000 and extending the   repayment
          date  until  March  31, 1999.   As  of  September  30,  1998,
          $700,000 was payable to Hecla,  excluding accrued interest of
          $130,503, under the loan agreement.

Note 4.   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, 1998 or
          1997 and the nine months then ended.

                                
                                
                                
                               -6-
<PAGE> 7

             PART I - FINANCIAL INFORMATION (Continued)
                                
                            CONSIL CORP.
                                

Note 5.   In June 1997, Statement  of  Financial  Accounting  Standards
          No.  131  (SFAS  131),  "Disclosures  about  Segments  of  an
          Enterprise  and Related Information" was  issued.   SFAS  131
          establishes  standards  for the way that a public  enterprise
          reports  information  about its operating segments in  annual
          financial  statements  and  requires that  those  enterprises
          report  selected  information  about  operating  segments  in
          interim  financial reports issued  to shareholders. SFAS  131
          is  effective  for fiscal years beginning after December  15,
          1997, and  requires restatement of earlier periods presented.
          The  Company does not expect the adoption of this standard to
          have  a material impact on the financial condition or results
          of operations of the Company.



                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                               -7-
<PAGE> 8

                PART I - FINANCIAL INFORMATION (Continued)
                                
                               CONSIL CORP.


Item 2.   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.

          Following  the  sale of the Company's Silver Summit  Mine  in
          1995,  the  Company was actively involved in exploration  and
          acquisition  activities.  The Company was unsuccessful in its
          exploration  and acquisition activities, and since the fourth
          quarter of 1997, the Company has become inactive.

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

          FIRST NINE MONTHS OF 1998 COMPARED TO FIRST NINE MONTHS OF
          ----------------------------------------------------------
          1997
          ----

          The  Company  reported  a  net loss of $60,131  or $0.01  per
          share,  for the first nine months of 1998 compared to  a  net
          loss  of  $490,788  ($0.05 per share) in the same  period  in
          1997.   The  decrease  in the net loss is  due  primarily  to
          decreases in general and administrative costs of $315,782 and
          exploration  and  acquisition costs of $106,646, as  well  as
          increases  in  interest  income  of  $5,927 and miscellaneous
          income  of  $5,228.  The decreases in costs can be attributed
          principally  to  the Company terminating its exploration  and
          acquisition   activities  at  the  end  of  1997.   Partially
          offsetting  the  favorable  items above is  the  increase  in
          interest expense of $11,453 on the note payable to Hecla (see
          Note 3 of Notes to Consolidated Financial Statements).

                                
                                
                               -8-
<PAGE> 9
                                
                   PART I - FINANCIAL INFORMATION (Continued)
                                
                                CONSIL CORP.
                                
     
          THREE MONTHS ENDED SEPTEMBER 30, 1998 COMPARED TO THREE
          -------------------------------------------------------
          MONTHS ENDED SEPTEMBER 30, 1997
          -------------------------------
          The  Company reported a net loss of $16,543 or nil per  share
          in   the  third quarter of 1998, compared to a  net  loss  of
          $190,695  ($0.02 per share) in the third quarter of 1997. The
          decrease in  the net loss  is due  primarily to  decreases in
          general  and  administrative  costs  of  $117,460 as well  as
          decreased exploration and acquisition costs of $54,596. These
          decreases are principally due to  the Company terminating its
          exploration and acquisition activities  at the  end  of 1997.
          Partially  offsetting  the  favorable   items  above  is  the
          increase in interest expense of $2,909 on the note payable to
          Hecla.

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

          At    September   30,  1998,   assets  totaled   $29,902  and
          stockholders'  deficit  totaled $1,047,825.   Cash  and  cash
          equivalents  decreased by $24,718 to $13,549 at September 30,
          1998 from $38,267 at December 31, 1997. Operating  activities
          used $24,718 of cash during the first nine  months  of  1998.
          The  primary uses of cash for operating activities  were  for
          payment  of accounts payable and funding of operating losses.
          The  primary  source  of  cash  was  from  the collection  of
          accounts receivable.

          Working  capital  decreased  $60,131 during  the  first  nine
          months of 1998, from a negative $995,694 at December 31, 1997
          to a negative $1,055,825 at September 30, 1998.  The decrease
          in  working  capital  is  primarily  the  result  of  funding
          operating  losses,  consisting  principally  of  interest and
          general and administrative costs.
     
          The  Company's  planned  expenditures include  the  necessary
          expenditures  to maintain the current inactive status of  the
          Company.   The  Company  intends  to  finance  these  planned
          expenditures   partially  through  existing  cash  and   cash
          equivalents  and additional borrowings under a loan agreement
          with Hecla. On March 30, 1998, ConSil and Hecla  entered into
          a fifth amendment to the loan agreement (see note 3  of Notes
          to  Consolidated  Financial  Statements) which increased  the
          amount available to borrow to $725,000 and extended  the  due
          date  to  March 31, 1999.  As of September 30, 1998, $700,000
          was payable to Hecla, excluding accrued interest of $130,503,
          under the loan agreement.  Any further exploration  projects,
          potential acquisitions or even limited operationsare  subject
          to ConSil being able to raise funds from external sources.


                               -9-
<PAGE> 10

                    PART I - FINANCIAL INFORMATION (Continued)
                                
                                   CONSIL CORP.
                                

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

          In June 1997, Statement of Financial Accounting Standards No.
          131 (SFAS 131), "Disclosures about Segments of an  Enterprise
          and Related  Information"  was issued.  SFAS  131 establishes
          standards  for  the way that a public  enterprise     reports
          information about its operating segments in  annual financial
          statements  and   requires   that  those  enterprises  report
          selected  information about  operating  segments  in  interim
          financial  reports   issued  to  shareholders.  SFAS  131  is
          effective for fiscal years beginning after December 15, 1997,
          and requires restatement of earlier periods presented.    The
          Company does not expect the adoption of this standard to have
          a  material  impact on the financial condition or results  of
          operations of the Company.

          YEAR 2000
          ----------

          The   Company  has completed an assessment  of its  Year 2000
          Compliance issues, and based upon the limited activity of the
          Company, the Company does not  believe Year  2000  Compliance
          issues will be material to the Company.
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                              -10-
<PAGE> 11

                                
                       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


          (b)  Reports on Form 8-K

               None.

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

































                              -11-
<PAGE> 12

                           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, 1998       By:  /s/ George R. Johnson
                                  --------------------------------
                                  George R. Johnson
                                  President, Chairman of the Board
                                  and Director




Date:  November 12, 1998       By:  /s/ David F. Wolfe
                                  --------------------------------
                                  David F. Wolfe
                                  Treasurer (principal accounting
                                  and financial officer)
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                              -12-
<PAGE> 13


                          CONSIL CORP.
                                
          Form 10Q  -  Period Ending September 30, 1998
                                
                          EXHIBIT LIST



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

     27                       Financial Data Schedule












































                              -13-