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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10QSB



|[X]   | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities  Exchange Act of 1934
|----- | ----------------------------------------------------------------------------------------
|      | FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2002                                           
|      | 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 333-35586

ABERDENE MINES LIMITED(Exact name of registrant as specified in its charter)



|NEVADA                            | 88-0454792                  
|--------------------------------- | ----------------------------
|(State of other jurisdiction      | (IRS Employer Identification
|of incorporation or organization) | Number)                     

1040 West Georgia 
Suite 1160 
Vancouver, British Columbia 
Canada V6E 4H1 (Address of principal executive offices)

(604) 605-0885 (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 (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 [   ]

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of March 31, 2002:  5,744,015

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PART I.

ITEM 1. - Financial Statements



|ABERDENE MINES LIMITED
(AN EXPLORATION STAGE ENTERPRISE)
BALANCE SHEETS
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|ASSETS                                                                 
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|LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                         
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See notes to interim financial statements

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|ABERDENE MINES LIMITED
(AN EXPLORATION STAGE ENTERPRISE)
STATEMENTS OF OPERATIONS
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|2002
(Unaudited)                                                                 
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|REVENUES                                                                         
|EXPENSES                                                                         
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|LOSS FROM OPERATIONS                                                             
|INCOME TAXES                                                                     
|NET LOSS                                                                         
|OTHER COMPREHENSIVE INCOME                                                       
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|COMPREHENSIVE LOSS                                                               
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See notes to interim financial statements

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|ABERDENE MINES LIMITED
(AN EXPLORATION STAGE ENTERPRISE)
STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
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|Issuance of common stock for                                                                        
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|Net loss for period ending,                                                                         
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|Balance, June 30, 2000                                                                              
|Net loss for the year                                                                               
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|Balance, June 30, 2001                                                                              
|Sale of common stock for cash at $0.10 per share                                                    
|Net loss for the nine month period ending March 31, 2002                                            
|Balance, March 31, 2002                                                                             
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See notes to interim financial statements

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|ABERDENE MINES LIMITED
(AN EXPLORATION STAGE ENTERPRISE)
STATEMENT OF CASH FLOWS
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|CASH FLOWS FROM OPERATING ACTIVITIES:                                           
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|Net cash used in operating activities                                           
|CASH FLOWS FROM  INVESTING ACTIVITIES:                                          
|CASH FLOWS FROM  FINANCING ACTIVITIES:                                          
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|Net cash provided by financing activities                                       
|Change in cash                                                                  
|Foreign currency translation gain                                               
|Cash, beginning of period                                                       
|Cash, end of period                                                             
|Supplemental disclosures:                                                       
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|NON-CASH TRANSACTIONS:                                                          
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See notes to interim financial statements

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ABERDENE MINES LIMITED 
(An Exploration Stage Enterprise)
March 31, 2002

NOTES TO INTERIM FINANCIAL STATEMENTS
========================================

1.   BASIS OF PRESENTATION

The  foregoing  unaudited  interim  financial  statements  have been prepared in accordance with generally accepted  accounting  principles for interim financial information  and with the  instructions  to Form  10-QSB and  Regulation  S-B as promulgated  by the  Securities  and  Exchange  Commission.  Accordingly, these financial statements do not include all of the disclosures required by generally accepted  accounting  principles  for  complete  financial   statements.   These unaudited  interim  financial  statements should be read in conjunction with the audited  financial  statements  for the period ended  June 30,  2001.  In the opinion of management,  the unaudited  interim  financial  statements  furnished herein include all adjustments,  all of which are of a normal recurring  nature, necessary for a fair statement of the results for the interim period presented.

The preparation of financial statements in accordance with generally accepted accounting principles requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities,  disclosure of contingent assets and  liabilities  known to exist as of the  date the  financial  statements  are published,  and the  reported  amounts  of  revenues  and  expenses  during  the reporting period.  Uncertainties with respect to such estimates and assumptions are inherent in the preparation of the Company's financial statements; accordingly, it is possible that the actual results could differ from these estimates  and  assumptions  that could have a material effect on the reported amounts of the Company's financial position and results of operations.

Operating results for the nine-month period ended March 31, 2002 are not necessarily  indicative of the results that may be expected for the year ending June 30, 2002.

2. PROCEEDS OF SALE OF SHARES

During the nine-month period ended March 31, 2002, the Company raised a total of $74,401.50 cash in an initial public offering.  A total of 744,015 shares of common stock were issued at $0.10 per share.

F-5

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PART II.

ITEM 2. MANAGEMENT DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

Financial Condition, Liquidity and Capital Resources

Since inception on January 21, 2000, our Company has been engaged in exploration and acquisition of mineral properties.  Our Company's principal capital resources have been acquired through issuance of common stock and from shareholder loans.

At March 31, 2002, we had working capital of $5,570 compared to negative working capital of $(35,774) at March 31, 2001.  This change is primarily the result of proceeds of sales of shares and payment of accounts payable and related party loans.

At March 31, 2002, our Company had total assets of $6,837 consisting of cash and mining claims, which compares with our Company's assets at March 31, 2001 of $537.

At March 31, 2002, our Company's total liabilities decreased to $814 from  $35,858 at March 31, 2001, reflecting the payment of most debts from proceeds of the sale of shares.

Our Company has not had revenues from inception.  Although there is insufficient capital to fully explore and develop our mineral properties, the Company expects to survive and exploit its resources primarily with funding from sales of its securities and, as necessary or possible, from shareholder loans.

Our Company has no long-term debt and does not regard long-term borrowing as a good, prospective source of financing.

Results of Operations

Our Company posted losses of $40,793 for the nine months ending March 31, 2002.  The principal component of the loss was professional expenses.

Operating expenses for the nine months ending March 31, 2002 were $40,793, which represented an increase of $21,178 from the nine months ending March 31, 2001 as a result of increased general and administrative expenses and travel for furtherance of the Company's affairs.

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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 on this 8th    day of May, 2002.

ABERDENE MINES LIMITED
(Registrant)

By:	/s/ Hugh Grenfal
Hugh Grenfal, President, Treasurer, Principal
Accounting Officer and a member of the Board
Of Directors