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

                                     Form 10-QSB

 QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 
                                      1934

                    FOR THE FISCAL QUARTER ENDED  JUNE 30, 1997

	Commission File Number	0-8146


             		      (MOUNTAIN STATES RESOURCES CORPORATION)
	              	(Exact name of registrant as specified in charter)
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         <S>                                      <C>
        	UTAH                              							87-0280886
<S>                                       <C>     <S>       <C> <S><C>
State or other jurisdiction of			        	(I.R.S. Employer I.D. No.)
Incorporation or organization
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501 Waller St., Austin, Texas				78702
(Address of principal executive offices)

Issuer's telephone number, including area code	(512) 476-6925

Securities registered pursuant to section 12(b) of the Act:

Title of each class		            	Name of each exchange on which registered
	None                                          							N/A

Securities registered pursuant to section 12(g) of the Act:

Title of each class		            	Name of each exchange on which registered
Common Stock, 					                                  	None
Par Value  $.10
	

Check whether the Issuer (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 report(s),
and (2) has been subject to such filing requirements for the past 90 days.  
(1)  Yes  (  ) No  (X)    (2)  Yes (X)  No  (  )

Number of shares of common stock outstanding at June 30, 1997:  10,764,733.
Part I: Financial Information Item 1: Financial Statements
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<S>
Index to Financial Statements

                                                           <S>
                                                 										Page
Balance Sheets								                                     3
	
Statements of Operation                          							   4

Statements of Cash Flows						                             5
	
Notes to Financial Statements						                        6
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                           MOUNTAIN STATES RESOURCES CORPORATION
                               Consolidated Balance Sheets
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                                              <C>  <C>       <C>   <C>
						                                        June 30     	  March 31
                                              1997           1997
<S>                                           <C>            <C>
ASSETS							                                	(unaudited)   	(audited)
Current Assets
            Cash and Cash Equivalents         $29,923        $       6,840
            <S>                             <C>                  <C>
            Accounts Receivable - Trade     1,492,423            1,383,207
             Inventory                        570,549              181,060
             Other Receivables - Advances     146,802              127,971
                      Total Current Assets  2,239,697            1,699,078
                                            _________        _____________

Property, Plant, and Equipment (at cost)      666,010              723,783
                                  -Net                              


Other Assets
             Goodwill                         732,594              751,329
             Other Investments                 95,111               17,380
             Long Term Notes Receivable                            476,914
                      Total Other Assets      479,959 
                                            1,307,664            1,245,673
                                            _________        _____________ 
TOTAL ASSETS                               $4,213,371        $   3,668,534
                                            _________        _____________
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                       LIABILITIES AND STOCKHOLDERS EQUITY


<S>
Current Liabilities
             <S>                            <C>                    <C>
             Accounts Payable - Trade       1,387,651              869,198
             Bank Line of Credit              871,140              724,890      
             Other Accrued Expenses           161,886              255,608
                                            _________        _____________
               Total Current Liabilities    2,420,677            1,849,696
                                            _________        _____________


Long Term Notes
             Notes Payable                    634,921              655,942
 Obligations under Capital Leases For 
                            Equipment                              206,896
 Other                                        135,391
          Other Long Term Liabilities               -               25,000
                                            _________        _____________
       Total Long Term Notes                  770,312              887,838
Stockholders Equity
 Preferred stock at $2 par value; 
 Authorized 10,000,000 shares issued and           -0-                  -0-
             Outstanding 
   Common stock at $.10 par value;           1,076,473            1,076,473
   Authorized 50,000,000 common shares                                   
   10,764,733 shares issued and outstanding                       5,600,652
    Additional paid-in capital                 (30,525)          
            Accumulated Deficit                (23,566)          (5,746,125)
                                                                    931,000
     Total Stockholders Equity               1,022,382                          
                                             _________        _____________
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY   $4,213,371        $   3,668,534     
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The accompanying notes are an integral part of these financial statements.

                  MOUNTAIN STATES RESOURCES CORPORATION
                  Consolidated Statements of Operation
                   For the Three Months Ended June 30
                              (UNAUDITED)
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                                              <C>                 <C>
                                              1997                1996    
                                            _________        _____________      
<S>                                        <C>               <C> <C>
Net Revenues                               $ 1,229,784       $   1,476,905

Cost of Goods Sold                             673,075             988,425

Gross Margin                                   576,709             488,480

Selling, General and Administrative            557,812             428,246   

Operating Income (Loss)                         17,632              60,233

Other Income (Expense)                         (22,463)            (69,304)    
Net Income (Loss)                          $___(23,566)      $________9,071

Earnings (Loss) Per Share                  $______(.01)      $__________.01

Weighted average number of shares outstanding
used in earnings (loss) per share 
                      <S>                    <C>                  <C>
                      calculation            10,764,733           10,764,733
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 The accompanying notes are an integral part of these financial statements.



                     MOUNTAIN STATES RESOURCES CORPORATION
                      Consolidated Statement of Cash Flow
                         For the Quarter ended June 30
                                  (UNAUDITED)

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                                                <C>                <C>
                                                1997               1996
                                              _________        _____________
<S>                                 <C>
Cash Flows from Operating Activities:
     <S>        <C>                           <C>                   <C>
     Net Income (Loss)                        ($23,566)             123,377
     Adjustments to reconcile net income
     To net cash, provided by operating activities:
          Depreciation expense                 $29,746       $_______13,845
          Change in accounts payable          $320,983             $850,474
          Change in inventory                 $178,618             ($36,012)
          Change in accounts receivable      ($476,489)           ($516,538)
          Change in accrued expenses         ($102,627)            ($43,234)
     Net Cash Provided by (Used by)
                                              _________        _____________

     Operating Activities                      (73,335)             391,911
                                             _________        _____________

Cash Flows from Investment Activities:
      Investment in property & equipment      $382,368             $222,358
          Investment in other assets          $452,327             $118,993
     Net Cash provided by (Used by)
    Investing Activities                       834,695              341,351
                                              _________        _____________
Cash Flows from Financing Activities:
          Increase of long term debt         ($713,065)           ($605,820)
 Change in capital lease obligations          ($66,205)           ($109,163)
     Net Cash Provided by (Used by)           (779,271)            (714,983)
     Financing Activities

     Net Increase (Decrease) in Cash           (17,910)              18,279

Cash at Beginning of Period                    $47,833               29,554
Cash at End of Period                          $29,923               47,833
                                             _________        _____________

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                   MOUNTAIN STATES RESOURCES CORPORATION
              Consolidated Statements of Stockholders' Equity
                 For the Year Ended March 31, 1997 Audited 
                 and Quarter Ended June 30, 1997 Unaudited

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                <S>         <C> <S>            <C>            <S>
                Common Stock___ Additional paid_ Accumulated_ Treasury 
                  Shares  Amount   in Capital    Deficit       Stock   Total
                 _______  _______  _________    __________   _______  _______
<S>
Balance
<C>   <C> <C>    <C>       <C>                <C>           <C>      <C>
March 31, 1996   418,733_$ 41,873_$4,801,107  _($5,546,995) ($1,000) ($626,069) 
Preferred Stock
39,473 Shares
78,946 Amount

Common stock
Issued in 
exchange for
preferred 
shares at 
approximately 
$3.95 per share 
preferred Stock
(39,473)Shares
(78,946)Amount   20,000_$  2,000_$    76,946 _       -         -        -

Common stock 
issued for 
services under 
S - 8           500,000_$ 50,000        -            -         -      50,000

Common stock 
issued for 
debt of 
approximately 
$17,58 per 
share           516,000_$ 51,600     722,599         -         -     774,199

Common stock 
issued for 
acquisition 
of Micro-Media 
Solutions, 
Inc.          9,310,000_$931,000                                     931,000

Cancellation
of Treasury 
Stock                                                         1,000    1,000

Net Loss for 
the year 
ended March 
31, 1997           -        -         -     (199,130)          -    (199,130)

              ________________________________________________________________

Balance
March 31,
 1997        10,764,733_$1,076,473_$5,600,652_$(5,746,125)$___-_____$931,000

Net loss 
for the 
quarter 
ended 
June 30,
 1997             -       -           -            -          -        -  

Balance 
June 30, 
 1997       $10,764,733_$1,076,473_$5,600,652_      -         -        -


                   MOUNTAIN STATES RESOURCES CORPORATION
                NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
June 30, 1997
(unaudited)

NOTE 1.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation:
The accompanying unaudited interim financial statements have been prepared in 
accordance with generally accepted accounting principals and the rules of the 
Securities and Exchange Commission (the SEC), and should be read in conjunction
with the audited financial statements and notes thereto contained in the 
Company's latest annual Report filed with the SEC on Form 10-KSB.  In the 
opinion of management, all adjustments consisting of normal recurring 
adjustments, necessary for the fair presentation of financial position and the 
results of operations for the interim periods preseted have been reflected
herein. The results of operation are not necessarily indicative of the results
to be expected for the full year. Notes to the financial statements which 
would substantially duplicate the disclosure contained in the audited 
financial statements for the year ended March 31, 1997, as reported in the 
Form 10-KSB have been omitted.

Nature of Business and Organization
Mountain States Resources Corporation (MSRC), (the "Company") was organized 
under the laws of the State of Utah on April 15, 1969.  On June 23, 1997 
MSRC entered into a reverse merger agreement and plan of reorganization 
with the shareholders of Micro-Media Solutions, Inc. (MSI) in which MSRC 
acquired 100% of the common stock of MSI.  As part of the reorganization, 
MSRC plans to change its name to Micro-Media Solutions, Inc. (MSI).  The 
transaction was accounted for as a purchase.

MSI is an Austin, Texas-based, technology corporation formed to provide 
computer hardware, software programming, system support, maintenance, media 
duplication, and kitting to the public and private sectors.  MSI is HUB 
certified to do business with state and corporate clients.

MSI is a business solutions technology integrator with infrastructure design 
and implementation services.  MSI's computer networking services includes 
system integration and local and wide-area networks.

Principles of Consolidation
The consolidated financial statements for 1997 and 1996 include the accounts 
and transactions of MSRC and MSI.  All significant inter-company accounts and
transactions have been eliminated in the accompanying consolidated financial 
statements.  MSRC, however, did not have any material balance sheet accounts 
or account balances, with the exception of a net operating loss of $5.7 
million.  MSRC, a development stage company, began operations in April 15, 
1969 as a mining, mineral extraction and oil and gas exploration company.
MSRC discontinued itsoperations in 1993 and became a develpment stage company
as described in the Statement of Finacial Accounting Stadards #7. Since then
MSRC has actively sought ne business opportunities.  The significant account 
balances were MSI's.                                                        

Cash and Cash Equivalents
The Company considers all highly liquid investments purchased with an 
original maturity of three months or less to be cash equivalents.




                     MOUNTAIN STATES RESOURCES CORPORATION
                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                JUNE 30, 1997
                                 (Continued)

Earnings (Loss) Per Share
The earnings (loss) per share is computed on the basis of the weighted 
average number of shares outstanding during the period.  All historical 
per share data has been restated to reflect stock splits and the effect of 
the merger transaction of Micro-Media Solutions, Inc.

Use of Estimates and Certain Concentrations 
Management of the Company has made a number of estimates and assumptions 
relating to the valuation and reporting of assets and liabilities and the 
disclosure of contingent assets and liabilities to prepare these consolidated
 financial statements in conformity with generally accepted accounting 
principles.  Although actual results could differ from those estimates, 
Management believes its estimates are reasonable. Certain components, 
subassemblies and software included in the Company's computer systems are 
obtained from sole suppliers or limited number of suppliers. The company relies,
to a certian extent, upon its suppliers' abilities to enhance existing products
in a timely and cost-effective manner, to develop new poducts to meet changing 
customer needs and to respond to emerging standards and other technological 
developments in the computer industry.  The Company's reliance on a limited 
number of suppliers involves several risks, including the possibility of 
shortages and/or increases in costs of components and subassemblies, and the 
risk of reduced control over delivery schedules.




                   MOUNTAIN STATES RESOURCES CORPORATION
                 NOTES TO CONSOLIDATED FINANCIAL STATEMENT
                                JUNE 30, 1997
                                 (Continued)


The computer and telecommunications industries.  The Company has a large 
number of customers on which it performs ongoing credit evaluations and 
generally does not require collateral from its customers.  Historically, 
the Company has not experienced significant losses related to receivables 
from individual customers or groups of customers in any particular industry 
of geographic area. 

Goodwill
On June 23, 1997, Micro-Media Solutions, Inc. (MSI) merged with Mountain 
States Resource Corporation (MSRC).  Pursuant to the terms of the Merger, 
MSRC issued approximately 9,310,000 shares of its common stock in exchange 
for all of the outstanding shares of MSI.  The name of the surviving 
corporation will be changed to MSI.  The Merger resulted in a change of 
control and was accounted for as a purchase.  A new basis of accounting was 
established for the assets and liabilities and reflects the allocation on the
basis of their fair walues. Goodwill of approximately $751,000 was recorded 
to the extent the purchase price exceeded the fair value of the identifiable 
net assets. Goodwill is being amortized on a straight line basis over ten 
years.


 NOTE .  SHORT-TERM BORROWINGS.

The Company owes $200,000 payable in cash to a third party due November 8, 
1997 at 20% for borrowings used for acquistion into Mountain States Resources
Corporation.

The Company had a secured credit agreement with Bank One providing for 
borrowings of up to $725,000, based on the amount of the Company's eligible 
receivables.  As of June 30, 1997 the Company owed $700,000 on the line.  
Under the agreement, the Company is subject to certain financial and other 
covenants including certain financial ratios.

The credit agreement matured on August 18, 1997 and Bank One notified the 
company that the bank would not renew the credit line.  The Company is 
currently searching for a new banking relationship and has tenative agreements
wint two banking institutions.  



                   MOUNTAIN STATES RESOURCES CORPORATION
                NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 JUNE 30, 1997
                                 (Continued)

NOTE .   GOING CONCERN

As shown in the accompanying consolidated financial statements, the Company 
has incurred a net loss in the current quarter of $23,566 and as of that 
date, the Company's current liabilities exceeded its current assets by 
$180,980.  At June 30, 1997, the Company owes accounts payable with dates 
due in excess of thirty (30) days.  These factors create an uncertainty 
about the Company's ability to continue as a going concern.  The ability of 
the Company to continue as a going concern is dependent on the Company's
attaining additional financing to fund expenses related to operations and
capital inprovements. The Cimpany has signed a letter of intent for $4 million
on a firm commitment basis with $1,060,000 to be recieved during October, 
1997, $1,060,000 to be received during January 1998, and an additional 
$2,000,000 during calendar 1998.  In addition, the Company plans a secondary 
offering during fiscal 1998.  The financial statements do not include any 
adjustments that might be necessary if the Company is unable to continue as 
a going concern.

Part I: Financial Information Item 2: Management's Discussion and analysis of
             financial condition and results of operations

The following discussion and analysis provides information which management 
believes is relevant to an assessment and understanding of the Company's 
results of operations and financial condition.  This discussion should be 
read in conjunction with the Consolidated Financial Statements appearing in 
Item 1.

GENERAL

The Company is considered a leading computer networking service provider to 
commercial and government markets.  Revenue is recognized by the Company 
when services are performed.  Research and development costs are charged to 
expenses as incurred.  Among the principal costs to market and sell the 
Company's products are advertising and promotion costs, sales, salaries and 
commissions, and general and administrative expenses.  

RESULTS OF OPERATIONS

1997 First Quarter and 1996 First Quarter.

Net sales for the 1997 First Quarter were $1,229,784 versus $1,476,905 for 
the 1996 First Quarter.  A decrease of 16.7 percent.  The decrease is 
primarily due to increased focus toward service contracts instead of 
hardware sales.

Cost of sales was $673,075 in the 1997 First Quarter versus $988,425 in the 
1996 First Quarter, a decrease of 31.9 percent.  The decrease was the result 
of greater service sales effected in 1997 requiring less inventory cost.

The Company's gross margin in the 1997 First Quarter was 45.3% versus 33.1% 
in the 1996 First Quarter, an increase of 14.0 percent.  This increase was 
due to higher service sales with lower inventory costs, resulting in higher 
margins.

Selling general and administrative expenses increased to $539,077 in the 1997 
First Quarter from $428,246 in the 1996 First Quarter, an increase of 25.9 
percent.  This increase is primarily due to additional management personnel.







LIQUIDITY AND CAPITAL RESOURCES

At June 30, 1997, the Company had working capital of $       , compared to a 
working capital deficit of $       at June 30, 1996.  This increase in the 
Company's working capital was primarily due to.
 
Net cash used by operating activities was $    and $    in the 1997 First 
Quarter and the 1996 First Quarter, respectively.

The company has financed its growth primarily through borrowings.  As of June 
30, 1997, the Company's sources of internal and external financing were 
limited.  It is not expected that internal sources of liquidity will improve 
until net cash is provided by operating activities, and until such time, the 
company will rely upon external sources for liquidity.

The Company has signed a letter of intent with an investment banking firm for 
$4,000,000 to be funded over the next sixteen months beginning with $1,060,000
on or before October 30, 1997.

PART II: Other Information

Item 2:  Changes in Securities

The company is currently engaged in the private placement (the "Private 
Placement") of up to 4,000,000 shares of common stock, par value $.10 per 
share (the "Common Stock") and up to 4,000,000 shares of Series A Preferred 
Stock, par value $.10 per share (the "Series A Preferred Stock"), all to 
"accredited investors" as that term is defined in Rule 501(a) of Regulation 
D promulgated under the Securities Act of 1933, as amended.

The Company plans to use the proceeds from the sale of the Shares for working 
capital, repayment of indebtedness and hiring of new personnel for recently 
received new contracts based upon those in place at September 15, 1997 and 
the successful completion of the private placement-funding revenue for 
calendar 1998, which should exceed $15,000,000.

The company is obligated under contract to issue up to 1,500,000 shares of 
common stock to employees and consultants. 

Item 4:  Submission of matters to a vote of the security holders

On September 26, 1997, a special meeting of the security holders of the 
Company will be held to change the name of the company to Micro-Media 
Solutions, Inc.


Item 5:  Other Matters

On June 11, 1997, the Company's board of directors replaced Jones & Jensen, 
Salt Lake City, Utah as its principal accountant with Salazar & Associates, 
Austin, Texas.

The report of Jones and Jensen on the Company's financial statements for the 
last two fiscal years did not contain an adverse opinion or a disclaimer of 
opinion, nor was such opinion qualified or modified as to certainty, audit 
scope, or accounting principles.  During the Company's two most recent fiscal 
years and subsequent interim periods preceding the replacement of Jones & 
Jensen, the Company had no disagreements with Jones & Jensen on any matter 
of accounting principles or practices, financial statement disclosure, or 
auditing scope or procedure. During the Company's two most recent fiscal
years and subsequent interim periods preceding the retention of Salazar &
Associates, neither the Company nor anyone on the Company's behalf, 
consulted Salazar & Associates regarding any matter.



Item 6: Exhibits and Reports on Form 8K

(a) Exhibits

None.

(b) Reports on Form 8K

None.


SIGNATURES

	Pursuant to the requirements of Section 13 or 15(d) 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.





Date________________        By ___________________________________________
                                        Jose G. Chavez, President


  	Pursuant to the requirements of the Securities Exchange Act of 1934, this 
report has been signed below by the following persons on behalf of this 
Registrant and in the capacities and on the dates indicated.

Signature                          Capacity                  Date



__________________                                     -------------------
Jose G. Chavez           Chairman of the Board of 
                          Directors and President


_________________                                      ___________________
Mitchell Kettrick      Vice-President and Director



________________                                       ___________________
Humberto Casas                 Accountant 










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