SECURITIES AND EXCHANGE COMMISSION
                                              Washington, D.C. 20549

                                                    FORM 10-QSB


(Mark One)
              [X] Quarterly report under Section 13 or 15(d) of the
         Securities Exchange Act of 1934 for the quarterly period ended June 30,
         2003.

              [ ] Transition report under Section 13 or 15(d) of the
         Securities Exchange Act of 1934 for the transition
         period from              to               .
                     ------------    --------------


                        Commission file number: 000-29321
                                                ---------


                              MONTANA MINING CORP.
                 (Formerly known as "Aswan Investments, Inc..")
                 ----------------------------------------------
        (Exact name of small business issuer as specified in its charter)



             NEVADA                                     87-0643635
             ------                                     ----------
(State or other jurisdiction of                      (I.R.S. Employer
 incorporation or organization)                     Identification No.)



                 1403 East 900 South, Salt Lake City, Utah 84105
                 -----------------------------------------------
               (Address of principal executive office) (Zip Code)


                                 (801) 582-9609
                         (Registrant's telephone number)


Check whether the registrant: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.

                                                     Yes X No


The number of outstanding shares of the registrant's common stock, $0.001 par
value (the only class of voting stock), as of July 14, 2003 was 6,312,900.


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                                TABLE OF CONTENTS

PART I
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ITEM 1.  FINANCIAL STATEMENTS               ......................................................................3

Unaudited Balance Sheet as of June 30, 2003.......................................................................4

Unaudited Statement of Operations for the three and six months ended June 30, 2003
and 2002 and the period since Date of Inception to June 30, 2003..................................................5

Unaudited Statement of Cash Flows for the six months ended June 30, 2003
and 2002 and the period since Date of Inception to June 30, 2003..................................................6

Notes to Unaudited Financial Statements...........................................................................7

ITEM 2.  MANAGEMENT'S PLAN OF OPERATION...........................................................................8

ITEM 3.  CONTROLS AND PROCEDURES.................................................................................10


PART II

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K........................................................................10

SIGNATURES.......................................................................................................11

INDEX TO EXHIBITS................................................................................................13



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PART I

                          ITEM 1. FINANCIAL STATEMENTS

As used herein, the term "Company" refers to Montana Mining Corp. (formerly
known as "Aswan Investments, Inc.), a Nevada corporation, unless otherwise
indicated. In the opinion of management, the accompanying unaudited financial
statements included in this Form 10-QSB reflect all adjustments (consisting only
of normal recurring accruals) necessary for a fair presentation of the results
of operations for the periods presented. The results of operations for the
periods presented are not necessarily indicative of the results to be expected
for the full year.




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                              MONTANA MINING CORP.
                          (A Development Stage Company)
                             UNAUDITED BALANCE SHEET
                                  June 30, 2003


                               ASSETS

Current assets - cash                                                                   $            75,901
                                                                                          -----------------

Total current assets                                                                    $            75,901
                                                                                          =================


                LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
Accounts payable                                                                        $             5,569
Related party payable                                                                                 2,500
                                                                                          -----------------

Total current liabilities                                                                             8,069
                                                                                          -----------------

Commitments                                                                                               -

Stockholders' equity:
Preferred stock, $.001 par value, 5,000,000 shares
authorized, no shares issued and outstanding                                                              -
Common stock, $.001 par value, 45,000,000 shares
authorized, 6,312,900 shares issued and outstanding                                                   6,313
Additional paid-in capital                                                                          103,069
Deficit accumulated during the exploration stage                                                   (41,550)
                                                                                          -----------------

Total stockholders' equity                                                                           67,832
                                                                                          -----------------

Total liabilities and stockholders' equity                                              $            75,901
                                                                                          =================


    The accompanying notes are an integral part of these financial statements


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                              MONTANA MINING CORP.
                          (A Development Stage Company)
                       UNAUDITED STATEMENTS OF OPERATIONS


                                                        Three Months Ended                 Six Months Ended
                                                             June 30,                       June 30,                     Cumulative
                                              ------------------------------    --------------------------
                                                    2003         2002           2003           2002                      Amounts
                                              ----------------- ------------    -----------   ------------    ------------------

Revenue                                   $           -                    -              -              -                     -

General and administrative costs                    1,208                460          4,733          3,018                41,550
                                              ----------------- ------------    -----------   ------------    ------------------

Loss before income taxes                           (1,208)             (460)        (4,733)        (3,018)              (41,550)


Provision for income taxes                            -                    -              -              -                     -
                                              ----------------- ------------    -----------   ------------    ------------------

Net Loss                                  $        (1,208)             (460)        (4,733)        (3,018)              (41,550)
                                              ================= ============    ===========   ============    ==================


Loss per common share - basic and diluted $           -                    -              -              -
                                              ================= ============    ===========   ============

Weighted average common shares -
basic and diluted                                     6,313,000    1,313,000      6,313,000      1,313,000
                                              ================= ============    ===========   ============


    The accompanying notes are an integral part of these financial statements


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                              MONTANA MINING CORP.
                          (A Development Stage Company)
                       UNAUDITED STATEMENTS OF CASH FLOWS


                                                                          Six Months Ended
                                                                              June 30,                     Cumulative
                                                                ------------------------------------
                                                                      2003               2002               Amounts
                                                                -----------------  -----------------   ------------------
Cash flows from operating activities:
Net loss                                                    $            (4,733)              (3,018)            (41,550)
Adjustments to reconcile net loss to net cash
used in operating activities:
Stock compensation expense                                                     -                    -               5,007
Increase (decrease) in accounts payable                                    1,400                2,988               5,569
                                                                -----------------  -----------------   ------------------

          Net cash used in operating activities                          (3,333)                 (30)            (30,974)
                                                                -----------------  -----------------   ------------------

Cash flows from investing activities:                                          -                    -                   -
-------------------------------------
                                                                -----------------  -----------------   ------------------

Cash flows from financing activities:
Increase in related party payable                                              -                    -               2,500
Decrease in stock subscription receivable                                      -                    -                 465
Increase in common stock                                                       -                    -             103,910
                                                                -----------------  -----------------   ------------------

Net cash provided by financing activities                                      -                    -             106,875
                                                                -----------------  -----------------   ------------------


          Net increase (decrease) in cash                                (3,333)                 (30)              75,901

Cash, beginning of period                                                 79,234                   65                   -
                                                                -----------------  -----------------   ------------------

Cash, end of period                                         $             75,901                   35              75,901
                                                                =================  =================   ==================


    The accompanying notes are an integral part of these financial statements


                                       6

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                              MONTANA MINING CORP.
                          (A Development Stage Company)
                     NOTES TO UNAUDITED FINANCIAL STATEMENTS

                                  June 30, 2003

Note 1 - Basis of Presentation

The accompanying unaudited condensed financial statements have been prepared by
management in accordance with the instructions in Form 10-QSB and, therefore, do
not include all information and footnotes required by generally accepted
accounting principles and should, therefore, be read in conjunction with the
Company's Form 10-KSB for the year ended December 31, 2002, filed with the
Securities and Exchange Commission. These statements do include all normal
recurring adjustments which the Company believes necessary for a fair
presentation of the statements. The interim operations are not necessarily
indicative of the results to be expected for the full year ended December 31,
2003.

Note 2 - Additional Footnotes Included By Reference

Except as indicated in Notes above, there have been no other material changes in
the information disclosed in the notes to the financial statements included in
the Company's Form 10-KSB for the year ended December 31, 2002, filed with the
Securities and Exchange Commission. Therefore, those footnotes are included
herein by reference.


























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ITEM 2.

MANAGEMENT'S PLAN OF OPERATION

When used in this discussion, the words "believes", "anticipates", "expects",
and similar expressions are intended to identify forward-looking statements.
Such statements are subject to certain risks and uncertainties, which could
cause actual results to differ materially from those projected. Readers are
cautioned not to place undue reliance on these forward-looking statements, that
speak only as of the date hereof. The Company undertakes no obligation to
republish revised forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated events.
Readers are also urged to carefully review and consider the various disclosures
made by the Company that attempt to advise interested parties of the factors
which affect the Company's business, in this report, as well as the Company's
periodic reports on Forms 10-KSB, 10-QSB and 8-K filed with the Securities and
Exchange Commission.

General

The Company holds an option to explore, identify and develop a gold, silver and
other precious metals property located in the vicinity of the city of Helena,
Montana, known as the Dobler Mine property. The Dobler Mine property has a
history of bulk tonnage sampling of precious metals. Based upon the information
available from prior exploration of the area, we believe the possibility of
exploring and identifying mineralization on the Dobler Mine property exists.

On July 19, 2002, the Company entered into an option purchase agreement with
Monument Resources, Inc. The option purchase agreement grants to the Company the
exclusive right to acquire a 100% fee simple interest in Dobler Mine property
and mineral rights on surrounding property subject to a net smelter royalty of
3% in consideration of certain option payments, exploration expenditures and a
purchase payment to be satisfied over the next two years. The Company satisfied
the initial option payment of $15,000 on September 1, 2002. The option payments,
the determined amount of exploration expenses with the respective performance
dates and the purchase payment are as follows:

         Option Payments                   Amount                      Due Date

         First Option                     $15,000             September 1, 2002
         Second Option                     $5,000              September 1, 2003

         Exploration Expenditures          Amount                      Due Date

         Initial Exploration              $30,000             September 1, 2003
         Secondary Exploration            $30,000             September 1, 2004

         Purchase Payment                  Amount                      Due Date

         Purchase Payment                $200,000             September 1, 2004

Should the Company's exploration expenditures in any given period exceed that
minimum amount required by the option purchase agreement, then that amount in
excess is to be credited


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to the following period. The Company is to manage all exploration work to be carried out on
the Dobler Mine property.
Operational Milestones

The Company intends to embark on a three phase exploration program in an attempt
to determine the economic feasibility of developing the Dobler Mine property for
the extraction of precious metals. The Company must explore the Dobler Mine
property to determine the presence of minerals, if any, that exist on the
property. Should the Company's exploration efforts determine mineralization, we
must then determine whether these metals exist in sufficient quantity to
economically justify future extraction and processing.

The Company makes no claim at this time that any precious metals exist on the
Dobler Mine property.

The Company does not expect to receive revenues within its first 12 months of
operation or ever, should exploration efforts fail to identify precious metals
in an amount economically favorable to extract. However, should we discover
precious metals that could be favorably extracted under economically attractive
terms, the Company would still not expect revenues until after the completion of
its three phase exploration program.

Losses

For the three month period from April 1, 2003 to June 30, 2003, the Company
recorded an operating loss of $1,208. For the six months ended June 30, 2003,
the Company recorded an operating loss of $4,733. This lack of profitability is
attributable to expenses associated with accounting and administration. The
Company did not generate any revenues during this period.

The Company expects to continue to operate at a loss through fiscal 2003 and due
to the nature of the Company's business, cannot determine whether it will ever
generate revenues from operations.

Capital Expenditures

The Company expended no funds on capital expenditures during the six month
period ending June 30, 2003.

Capital Resources and Liquidity

The Company had current assets of $75,901 and total assets of $75,901 as of the
quarter ended June 30, 2003. These assets consist of cash on hand of $75,901.
Net stockholders' equity in the Company was $67,832 at June 30, 2003.

Cash flow used in operating activities was $3,333 for the six months ending June
30, 2003. Cash was used during the first six months on accounting and
administrative costs.

The Company has no current commitments or arrangements with respect to, or
immediate sources of, additional financing and it is not anticipated that any
existing stockholders will provide any portion of future financing. Further, no
assurances can be given that any additional financing, when needed, will be
available or available on acceptable terms. The inability to obtain additional
financing when required would have a material adverse effect on the

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 Company's  operations,  including  requiring it to curtail its plans to explore
the Dobler Mine property


ITEM 3.  CONTROLS AND PROCEDURES

 The Company's  president acts both as the Company's chief executive officer and
chief  financial   officer   ("Certifying   Officer")  and  is  responsible  for
establishing and maintaining disclosure controls and procedures for the Company.
The Certifying  Officer has concluded (based on his evaluation of these controls
and  procedures  as of a date within 90 days of the filing of this  report) that
the design and operation of the Company's disclosure controls and procedures (as
defined  in Rule  13a-14(c)  under  the  Securities  Exchange  Act of 1934)  are
effective.  No significant  changes were made in the Company's internal controls
or in other factors that could significantly affect those controls subsequent to
the date of the  evaluation,  including  any  corrective  actions with regard to
slight  deficiencies and material  weaknesses.  Due to the Certifying  Officer's
dual role as chief executive  officer and chief financial  officer,  the Company
has no segregation of duties related to internal controls.



PART II

ITEM 6.           EXHIBITS AND REPORTS ON FORM 8-K

           (a) Exhibits Exhibits required to be attached by Item 601 o
               --------
         Regulation S-B are listed in the
         Index to Exhibits on page 13 of this Form 10-QSB, and are incorporated
         herein by this reference.

           (b) Reports on Form 8-K. No reports on Form 8-K were filed
               -------------------
         during the period covered by
         this Form 10-QSB.






















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                                   SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
hereunto duly authorized, this 15th day of July, 2003.




MONTANA MINING CORP.



/s/ Ruairidh Campbell
Ruairidh Campbell
Chief Executive Officer, Chief Financial Officer and Director


































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     CERTIFICATION PURSUANT TO RULE 13a-14 OF THE SECURITIES EXCHANGE ACT OF
      1934, AS AMENDED, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-
                                OXLEY ACT OF 2002

I, Ruairidh Campbell, chief executive officer and chief financial officer of
Montana Mining Corp. certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Montana Mining Corp.;

2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4. I am responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
registrant and have:

a) Designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to me by others within those entities, particularly during the
period in which this quarterly report is being prepared;

b) Evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this
quarterly report (the "Evaluation Date"); and

c) Presented in this quarterly report my conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. I have disclosed, based on my most recent evaluation, to the registrant's
auditors and the audit committee of registrant's board of directors (or persons
performing the equivalent functions):

a) All significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and

b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls; and

6. I have indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of my most recent
evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses.

Date: July 15, 2003

/s/ Ruairidh Campbell
Ruairidh Campbell, Chief Executive Officer and Chief Financial Officer


                                       12
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                                                 INDEX TO EXHIBITS

Exhibit                 Page
No.                     No.             Description

3(i)(a)                 *               Articles of Incorporation of
                                        the Company, formally known as Aswan
                                        Investments, Inc. (incorporated herein
                                        by reference from Exhibit No. 3(i)
                                        of the Company's Form 10-SB as filed
                                        with the SEC on February 3, 2000).

3(i)(b)                 *               Amendment to Articles of
                                        Incorporation filed with the State of Nevada
                                        on August 5, 2002 (incorporated herein
                                        by reference from Exhibit No.
                                        3(i)(b) of the Company's Form 8-K as
                                        filed with the SEC on August 15, 2002).

3(ii)                   *               By-laws of the Company adopted on
                                        December 10, 1999 formally
                                        known as Aswan Investments, Inc.
                                        (incorporated herein by reference
                                        from Exhibit No. 3(i) of the Company's
                                        Form 10-SB as filed with the
                                        SEC on February 3, 2000).

10(i)                   *               Option Purchase Agreement between the
                                        Company and Monument
                                        Resources, Inc. dated July 19, 2002
                                        (incorporated herein by reference
                                        from Exhibit No. 10(i) of the Company'
                                        Form 10-QSB/A filed with the
                                        SEC on November 8, 2002).

99.1                    14              Certification Pursuant to 18
                                         U.S.C. Section 1350, Section
                                        906 of the Sarbanes-Oxley Act of 2002

* Incorporated by reference from previous filings of the Company.




























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EXHIBIT 99.1

    CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report of the Company on Form 10-QSB for the
period ended June 30, 2003 as filed with the Securities and Exchange Commission
on the date hereof, I, Ruairidh Campbell, sole executive officer, certify,
pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the
Sarbanes-Oxley Act of 2002, that:

                   (1) This quarterly report complies with the
         requirements of section 13(a) or 15(d) of the Securities
         Exchange Act of 1934; and

                 (2) The financial information contained in this
         quarterly report fairly represents, in all material
         respects, the financial condition and result of operations of the Company.



/s/ Ruairidh Campbell
Ruairidh Campbell
Chief Executive Officer and Chief Financial Officer
July 15, 2003

















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