UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-QSB

|[X]   | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
 Exchange Act of 1934 
|----- | -----------------------------------------------------------------------------------------
|      | FOR THE QUARTERLY PERIOD ENDED DECEMBER 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(State or other jurisdiction
 of incorporation or organization) | 88-0454792(IRS Employer Identification
 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 December 31, 2002: 5,744,015



---

PART I.

ITEM 1.     Financial Statements

Aberdene Mines Limited

(An Exploration Stage Company)





Index



Balance
Sheets                              
F-1

Statements of
Operations                
F-2

Statements of Cash
Flows               
F-3

Notes to the Financial Statements     F-4



---

F-1

Aberdene Mines Limited 
(An Exploration Stage Company)
Balance Sheets
(expressed in U.S. dollars)

|                                                                                                                  | December 31,
2002
$
(unaudited) |  | June 30,
2002
$
(audited)
|----------------------------------------------------------------------------------------------------------------- | ------------------------------- |  | -------------------------
|                                                                                                                  |                                 |  |                          
|ASSETS                                                                                                            |                                 |  |                          
|                                                                                                                  |                                 |  |                          
|Current Assets                                                                                                    |                                 |  |                          
|                                                                                                                  |                                 |  |                          
|Cash                                                                                                              | 163                             |  | 1,571                    
|Deposits                                                                                                          | 411                             |  | 2,062                    
|                                                                                                                  |                                 |  |                          
|Total Current Assets                                                                                              | 574                             |  | 3,633                    
|                                                                                                                  |                                 |  |                          
|Mineral Properties (Note 3)                                                                                       | 42                              |  | 42                       
|                                                                                                                  |                                 |  |                          
|Total Assets                                                                                                      | 616                             |  | 3,675                    
|                                                                                                                  |                                 |  |                          
|LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                                                                    |                                 |  |                          
|                                                                                                                  |                                 |  |                          
|Current Liabilities                                                                                               |                                 |  |                          
|                                                                                                                  |                                 |  |                          
|Accounts payable                                                                                                  | 8,148                           |  | 455                      
|Accrued liabilities                                                                                               | 600                             |  | -                        
|Advances from related party (Note 4(b))                                                                           | 600                             |  | 222                      
|                                                                                                                  |                                 |  |                          
|Total Liabilities                                                                                                 | 9,348                           |  | 677                      
|                                                                                                                  |                                 |  |                          
|Contingency (Note 1)                                                                                              |                                 |  |                          
|                                                                                                                  |                                 |  |                          
|                                                                                                                  |                                 |  |                          
|Stockholders' Equity (Deficit)                                                                                    |                                 |  |                          
|                                                                                                                  |                                 |  |                          
|Common Stock, 100,000,000 shares authorized with a par value of $0.00001; 5,744,015 shares issued and outstanding | 57                              |  | 57                       
|                                                                                                                  |                                 |  |                          
|Additional Paid-in Capital                                                                                        | 349,344                         |  | 349,344                  
|                                                                                                                  |                                 |  |                          
|                                                                                                                  | 349,401                         |  | 349,401                  
|                                                                                                                  |                                 |  |                          
|Deficit Accumulated During the Exploration Stage                                                                  | (358,133)                       |  | (346,403)                
|                                                                                                                  |                                 |  |                          
|Total Stockholders' Equity (Deficit)                                                                              | (8,732)                         |  | 2,998                    
|                                                                                                                  |                                 |  |                          
|Total Liabilities and Stockholders' Equity                                                                        | 616                             |  | 3,675                    
|                                                                                                                  |                                 |  |                          

---

F-2

Aberdene Mines Limited
(An Exploration Stage Company)
Statements of Operations
(expressed in U.S. dollars)
(unaudited)

|                                    | Accumulated from    |  |                    |  |                  |  |           |  |          
|----------------------------------- | ------------------- |  | ------------------ |  | ---------------- |  | --------- |  | ---------
|                                    | January 21, 2000    |  |                    |  |                  |  |           |  |          
|                                    | (Date of Inception) |  | Three Months Ended |  | Six Months Ended
|                                    | to December 31,     |  | December 31,       |  | December 31,    
|                                    | 2002
$              |  | 2002
$             |  | 2001
$           |  | 2002
$    |  | 2001
$   
|                                    |                     |  |                    |  |                  |  |           |  |          
|Revenue                             | -                   |  | -                  |  | -                |  | -         |  | -        
|                                    |                     |  |                    |  |                  |  |           |  |          
|                                    |                     |  |                    |  |                  |  |           |  |          
|Expenses                            |                     |  |                    |  |                  |  |           |  |          
|                                    |                     |  |                    |  |                  |  |           |  |          
|Consulting                          | 273,469             |  | -                  |  | -                |  | -         |  | -        
|General and administration          | 14,357              |  | 68                 |  | 7,078            |  | 234       |  | 7,118    
|Mining exploration                  | 5,043               |  | 196                |  | 249              |  | 3,406     |  | 249      
|Professional fees                   | 54,890              |  | 2,850              |  | 2,286            |  | 7,860     |  | 18,451   
|Rent                                | 3,869               |  | -                  |  | 1,701            |  | -         |  | 1,701    
|Transfer agent and filing fees      | 2,056               |  | 180                |  | -                |  | 230       |  | -        
|Travel                              | 4,449               |  | -                  |  | 2,910            |  | -         |  | 4,449    
|                                    |                     |  |                    |  |                  |  |           |  |          
|                                    | 358,133             |  | 3,294              |  | 14,224           |  | 11,730    |  | 31,968   
|                                    |                     |  |                    |  |                  |  |           |  |          
|Net Loss for the Period             | (358,133)           |  | (3,294)            |  | (14,224)         |  | (11,730)  |  | (31,968) 
|                                    |                     |  |                    |  |                  |  |           |  |          
|                                    |                     |  |                    |  |                  |  |           |  |          
|Net Loss Per Share - Basic          |                     |  | -                  |  | -                |  | -         |  | -        
|                                    |                     |  |                    |  |                  |  |           |  |          
|                                    |                     |  |                    |  |                  |  |           |  |          
|Weighted Average Shares Outstanding |                     |  | 5,744,000          |  | 5,533,000        |  | 5,744,000 |  | 5,266,000
|                                    |                     |  |                    |  |                  |  |           |  |          

(Diluted loss per share has not been presented as the result is anti-dilutive)

---

F-3

Aberdene Mines Limited
(An Exploration Stage Company)
Statements of Cash Flows
(expressed in U.S. dollars)
(unaudited)

|                                                                | Six Months Ended
|--------------------------------------------------------------- | ----------------
|                                                                | December 31,    
|                                                                | 2002
$          
|                                                                |                 
|Cash Flows To Operating Activities                              |                 
|                                                                |                 
|Net loss                                                        | (11,730)        
|                                                                |                 
|Changes in non-cash working capital items                       |                 
|                                                                |                 
|Increase in deposits                                            | 1,651           
|Increase (decrease) in accounts payable and accrued liabilities | 8,293           
|                                                                |                 
|Net Cash Used In Operating Activities                           | (1,786)         
|                                                                |                 
|Cash Flows From Financing Activities                            |                 
|                                                                |                 
|Advances from (to) related party                                | 378             
|Proceeds from sale of common stock                              | -               
|                                                                |                 
|Net Cash Provided By Financing Activities                       | 378             
|                                                                |                 
|Cash Flows To Investing Activities                              | -               
|                                                                |                 
|Net Increase (Decrease) in Cash                                 | (1,408)         
|                                                                |                 
|Cash - Beginning of Period                                      | 1,571           
|                                                                |                 
|Cash - End of Period                                            | 163             
|                                                                |                 
|Non-Cash Financing Activities                                   | -               
|                                                                |                 
|Supplemental Disclosures                                        |                 
|                                                                |                 
|Interest paid                                                   | -               
|Income taxes paid                                               | -               
|                                                                |                 

---

F-4

Aberdene Mines Limited
(An Exploration Stage Company)
Notes to the Financial Statements
(expressed in U.S. dollars)

1. Exploration Stage Company

The Company was incorporated in the State of Nevada on January 21, 2000. In January 2000 the Company purchased six mineral claims, situated in the Casino-Red Cap property, Columbia River Valley in the Province of British Columbia, Canada.

The Company's principal business plan is to acquire, explore and develop mineral properties and to ultimately seek earnings by exploiting the mineral claims.

The Company has been in the exploration stage since its formation in January 2000 and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition, exploration and development of mining properties. Upon location of a commercial mineable reserve, the Company will actively prepare the site for extraction and enter a development stage. At present, management devotes most of its activities to raise sufficient funds to further explore and develop its mineral properties. Planned principal activities have not yet begun. The ability of the Company to emerge from the exploration stage with respect to any planned principal business activity is dependent upon its successful efforts to raise additional equity financing and/or attain profitable mining operations. Management has plans to seek additional capital through a private placement and public offering of its common stock. There is no guarantee that the Company will be able to complete any of the above objectives. These factors raise substantial doubt regarding the Company's ability to continue as a going concern.

At December 31, 2002, the Company had a working capital deficit of $8,774. A minimum of $4,000 per quarter is needed to cover expenses. Thus in the next year the Company will require $24,774 to cover both new expenses and the current working capital deficit. This amount would operate the Company but leave little or nothing for exploration. The Company expects to fund itself in the next twelve months by sales of shares.

The Company filed an SB-2 Registration Statement with the U.S. Securities Exchange Commission which has been declared effective.

2. Summary of Significant Accounting Principles

a) Year End

The Company's year end is June 30.

b) Basis of Accounting

These financial statements are prepared in conformity with accounting principles generally accepted in the United States and are presented in US dollars.

c)Cash and Cash Equivalents

The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.

d) Long-Lived Assets

SFAS No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets" establishes a single accounting model for long-lived assets to be disposed of by sale including discontinued operations. SFAS 144 requires that these long-lived assets be measured at the lower of the carrying amount or fair value less cost to sell, whether reported in continuing operations or discontinued operations.

---

F-5

Aberdene Mines Limited
(An Exploration Stage Company)
Notes to the Financial Statements
(expressed in U.S. dollars)

2. Summary of Significant Accounting Principles (continued)

e) Foreign Currency Transactions/Balances

The Company's functional currency is the United States dollar. Occasional transactions occur in Canadian currency, and management has adopted Financial Accounting Standard No. 52. Monetary assets and liabilities denominated in foreign currencies are translated into United States dollars at rates of exchange in effect at the balance sheet date. Gains or losses are included in income for the years, except gains or losses relating to long-term debt, which are deferred and amortized over the remaining term of the debt. Non-monetary assets, liabilities and items recorded in income arising from transactions denominated in foreign currencies are translated at rates of exchange in effect at the date of the transaction.

f) Exploration Costs

The Company is in the exploration stage and all costs relating to mineral property grassroots exploration are charged to operations as incurred.



g) Basic and Diluted Net Income (Loss) per Share

Loss per share was computed by dividing the net loss by the weighted average number of shares outstanding during the period. The weighted average number of shares was calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding. Basic and diluted loss per share were the same, as there were no common stock equivalents outstanding.

h) Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

i) Financial Instruments

The carrying value of cash, accounts payable, accrued liabilities, and advances from related party approximate fair value due to the relatively short maturity of these instruments.

j) Concentration of Risk

The Company maintains its cash accounts in primarily one commercial bank in Vancouver, British Columbia, Canada. The Company's cash account is a business checking account maintained in U.S. dollars, which totalled $163 on December 31, 2002. This account is not insured.

k) Recent Accounting Pronouncements

On June 29, 2001, SFAS No. 141, "Business Combinations," was approved by the Financial Accounting Standards Board ("FASB"). SFAS No. 141 requires that the purchase method of accounting be used for all business combinations initiated after June 30, 2001. Goodwill and certain intangible assets will remain on the balance sheet and not be amortized. On an annual basis, and when there is reason to suspect that their values have been diminished or impaired, these assets must be tested for impairment, and write-downs may be necessary. The Company implemented SFAS No. 141 on July 1, 2001 and its impact is not expected to be material on its financial position or results of operations.

---

F-6

Aberdene Mines Limited
(An Exploration Stage Company)
Notes to the Financial Statements
(expressed in U.S. dollars)

2. Summary of Significant Accounting Principles (continued)

k) Recent Accounting Pronouncements (continued)

On June 29, 2001, SFAS No. 142, "Goodwill and Other Intangible Assets," was approved by FASB. SFAS No. 142 changes the accounting for goodwill from an amortization method to an impairment-only approach. SFAS No. 142 is effective for fiscal years beginning after December 15, 2001. Amortization of goodwill, including goodwill recorded in past business combinations, will cease upon adoption of this statement. The Company adopted SFAS No. 142 and its impact is not expected to have a material effect on its financial position or results of operations.

In June 2001, the FASB issued SFAS No. 143, "Accounting for Asset Retirement Obligation." SFAS No. 143 is effective for fiscal years beginning after June 15, 2002, and will require companies to record a liability for asset retirement obligations in the period in which they are incurred, which typically could be upon completion or shortly thereafter. The FASB decided to limit the scope to legal obligations and the liability will be recorded at fair value. The Company adopted SFAS No. 143 and its impact is not expected to have a material effect on its financial position or results of operations.

In August 2001, the FASB issued SFAS No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets." SFAS No. 144 is effective for fiscal years beginning after December 15, 2001. It provides a single accounting model for long-lived assets to be disposed of and replaces SFAS No. 121 "Accounting for the Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of." The Company adopted SFAS No. 144 and its impact is not expected to have a material effect on its financial position or results of operations.

In June, 2002, FASB issued SFAS No. 146, "Accounting for Costs Associated with Exit or Disposal Activities". The provisions of this Statement are effective for exit or disposal activities that are initiated after December 31, 2002, with early application encouraged. This Statement addresses financial accounting and reporting for costs associated with exit or disposal activities and nullifies Emerging Issues Task Force (EITF) Issue No. 94-3, "Liability Recognition for Certain Employee Termination Benefits and Other Costs to Exit an Activity (including Certain Costs Incurred in a Restructuring)". This Statement requires that a liability for a cost associated with an exit or disposal activity be recognized when the liability is incurred. The Company will adopt SFAS No. 146 on January 1, 2003. The effect of adoption of this standard on the Company's results of operations and financial position is being evaluated.

FASB has also issued SFAS No. 145 and 147 but they will not have any relationship to the operations of the Company therefore a description of each and their respective impact on the Company's operations have not been disclosed.

l) Interim Financial Statements

These interim unaudited financial statements have been prepared on the same basis as the annual financial statements and in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company's financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period.

---

F-7

Aberdene Mines Limited
(An Exploration Stage Company)
Notes to the Financial Statements
(expressed in U.S. dollars)

3. Mineral Properties

In January 2000, the Company, through Mr. Hugh Grenfal, its President and a member of the board of directors, acquired 100% of the rights, titles and interests in six mining claims in the Casino-Red Cap property, Columbia River Valley, British Columbia. Payment of $42 was required to record the six mining claims. These amounts were paid by the shareholders and repaid by the Company in the form of stock. Although the claims are recorded in Mr. Grenfal's name for tax purposes, title to the claims has been conveyed to the Company via an unrecorded deed.

4. Related Party Transactions/Balances

a) The Company occupies office space provided by Mr. Grenfal, its President, in his capacity as vice president and director of Callinan Mines Limited. Monthly rental is determined by usage. While Mr. Grenfal is no longer affiliated with Callinan Mines, the Company expects that the office rental arrangement will continue for at least the next year. The value of this space is considered immaterial for the purposes of these financial statements.

b) The amount due to the President of the Company is non-interest bearing, unsecured and due on demand.

---

ITEM 2.       MANAGEMENT'S DISCUSSION AND
 ANALYSIS OR PLAN OF OPERATION.

Plan of Operation

The
 Company is constrained for cash and so in the next twelve months, the
 Company does not expect any significant changes in the number of employees
 and does not expect the purchase or sale of plant or significant equipment.
 We also have no plan for research and development for any property or
 product other than our Casino claims. See below for development information
 on the Casino claims.

At
 December 31, 2002 the Company had a working capital deficit of $8,774. A
 minimum of $4,000 per quarter is needed to cover expenses. Thus in the next
 year the Company will require $24,774 to cover both new expenses and the
 current working capital deficit. This amount would operate the Company but
 leave little or nothing for exploration. The Company expects to fund itself
 in the next twelve months by sales of shares, or loans from shareholders or
 Directors.

Our Proposed Exploration Program

We
 must conduct exploration to determine what amount of minerals, if any, exist
 on our properties and if any minerals which are found can be economically
 extracted and profitably processed.

Our
 exploration program is designed to economically explore and evaluate our
 properties. We do not claim to have any ores or reserves whatsoever at this
 time on any of our properties.

We
 intend to proceed in the following three phases:

Phase
 1 began with research of the available geologic literature, personal
 interviews with geologists, mining engineers and others familiar with the
 prospect sites. We have recently begun this phase of the exploration process
 on our properties.

When
 the research is completed, our initial work will be augmented with geologic
 mapping, geophysical testing and geochemical testing of our claims. When
 available, existing workings, such as trenches, prospect pits, shafts or
 tunnels will be examined. If an apparent mineralized zone is identified and
 narrowed down to a specific area by the studies, we will begin trenching the
 area.

Trenches
 are generally approximately 150 ft. in length and 10-20 ft. wide. These
 dimensions allow for a thorough examination of the surface of the vein
 structure types generally encountered in the area. They also allow for
 efficient reclamation, re-contouring and re-seeding of disturbed areas. Once
 excavation of a trench is completed, samples are taken and then analyzed for
 economically potential minerals that are known to have occurred in the area.
 Careful interpretation of this available data collected from the various
 tests aid in determining whether or not the prospect has current economic
 potential and whether further exploration is warranted.

Phase
 1 will take about 3 months to complete and cost up to $20,000.

Phase
 2 involves an examination of the underground characteristics of the vein
 structure that was identified by Phase 1 of exploration. Phase 2 is aimed at
 identifying any mineral deposits of potential economic importance. The
 methods employed are

| | * | more
 extensive trenching      
| | - | -------------------------------
| | * | more
 advanced geophysical work
| | * | drift
 driving                 

Drift
 driving is the process of constructing a tunnel to take samples of ore for
 testing. Later, the tunnel can be used for mining ore. The geophysical work
 gives a general understanding of the location and extent of mineralization
 at depths that are unreachable by surface excavations and provides a target
 for more extensive trenching and core drilling. Trenching identifies the
 continuity and extent of mineralization, if any, below the surface. After a
 thorough analysis of the data collected in Phase 2, we will decide if the
 property warrants a Phase 3 study.

Phase
 2 will take about 3 months to complete and cost up to $20,000.

Phase
 3 is aimed at precisely defining the depth, the width, the length, the
 tonnage and the value per ton of any ore body. This is accomplished through
 extensive drift driving. Phase 3 will take about 6 months and cost up to
 $80,000.

We
 do not intend to interest other companies in the property if we find
 mineralized materials. We intend to try to remove the mineralized material.

If
 mineralized material is found on our property and removal is warranted, and
 we do not have adequate cash to do so, we will have to sell additional
 shares of common stock or borrow money to finance the cost of removing the
 mineralized material. At the present time we do not know if we will need
 additional money to remove the mineralized material from the property, if
 warranted. There is no assurance that we will have the funds to remove the
 mineralized material from the property if warranted and there is no
 assurance we will be able to raise additional money through the sale of
 additional shares of common stock or through loans.

Status of Our Exploration Program

We
 are currently in Phase One of our proposed exploration program.

A
 program consisting of soil and rock sampling as well as geological mapping
 was completed during early July 2002. The geological mapping and rock
 sampling was carried out between July 4 through July 10 and the soil
 sampling was carried out on July 16, 2002.

The
 portals of each of old adits were sealed and inaccessible. At present the
 underground workings can only be accessed by either; using a large excavator
 to remove the debris blocking the mouth of the adits, or by rapelling down a
 collapsed stope, to the main set of underground workings.

An
 alternative exploration program was devised. The goal of this work was to
 determine if additional mineralized veins/areas were present in the
 proximity of the underground workings. A review of historic exploration data
 revealed that the main quartz vein(s), which had been commercially
 exploited, had been faulted off and that the continuation (if such exists)
 of these veins has not yet been located.

Geological
 mapping at a scale of 1:100 was completed over a 200m (650 ft) x 250m (820
 ft) area immediately surrounding the main quartz veins. A total of 62 soil
 samples, taken at 25m (82 ft) intervals along the control 1,850m (6,068 ft)
 of flagged control grid, and 9 rock samples were also collected. All rock
 and soil samples were analyzed using gold analysis and 30-element ICP at
 Assayers Canada (Min-En) Laboratory in Vancouver.

The
 soil samples have identified a gold/arsenic ( lead, zinc & silver) soil
 anomaly. The anomaly strikes approximately 40o and has a discontinuous
 strike length of 120m (390 ft). The anomaly is primarily located within the
 metasediment unit and parallels the contract with the Quartz Monzonite. The
 anomaly has a width that varies between 50m (160 ft) at the northern end to
 25m (82 ft) at the southern end. Gold values of +40ppb (max 162 ppb) and
 Arsenic values of +100ppm (max 304ppm) are coincident on an almost
 point-by-point basis within the anomaly.

Presently
 quartz veins with gold mineralization are only noted within the sedimentary
 unit immediately adjacent (within 10m - 20m (33-66 ft)) to the contact with
 a quartz-monzonite unit. The sedimentary unit - a metasiltstone unit -
 typically dark silicious apharitic to very fine grained with moderate
 disseminate very fine to ultra-fine grained pyrite. Local hematitic
 weathering - and local finely stratified. The quartz-monzonite unit -
 silicificed with some chloritic alteration close to the contact. Andesite
 dykes have intruded the metasiltstone unit. The quartz veins vary from
 discrete veins/veinlettes to less distinct silicification occurring as
 localized silica flooding and/or podiform bodies.

Results
 from the 9 rock samples collected within the area are low. The highest gold
 value received was from a 20cm (7.8 inches) chip samples of quartz vein
 material (CRC -7) that returned 360ppb Au. The sample was collected at 0+60E
 x 1+00N - which is immediately uphill from the Upper Adit.

It
 is evident that all of the quartz veins and gold mineralization is
 restricted to the sediments of the Elise Formation near the contact with the
 quartz-monzonite of the Rossland Group. Geological mapping and soil sampling
 were not successful in locating the faulted off - continuation of the
 vein(s) that had been exploited.

It
 is apparent that the narrow quartz vein(s) containing the mineralization are
 limited in strike length and subsequently volume. As the underground
 workings have now been reclaimed, the permitting process that is required to
 reopen the workings is costly and time consuming. The economic target within
 the Casino - Red Cap Project is not large enough, at current gold prices, to
 warrant any further exploration work at this time. A substantial increase in
 gold prices would have to occur. Management is examining the markets for
 lead, zinc and silver (elements that were found during assaying of soil
 samples) to determine if an exploration program seeking those elements is
 warranted.

Other
 than the foregoing we have not conducted any exploration on our property.

---

ITEM 3. CONTROLS AND PROCEDURES.

Mr.
 Hugh Grenfal, principal executive officer and principal financial officer of
 Aberdene Mines Limited, has established and is currently maintaining
 disclosure controls and procedures for our company. The disclosure controls
 and procedures have been designed to ensure that material information
 relating to our company is made known to them as soon as it is known by
 others within our company.

Our
 principal executive officer and principal financial officer conducts an
 update and a review and evaluation of the effectiveness of our company's
 disclosure controls and procedures and have concluded, based on their
 evaluation within 90 days of the filing of this report, that our disclosure
 controls and procedures are effective for gathering, analyzing and
 disclosing the information we are required to disclose in our reports filed
 under the Securities Exchange Act of 1934. There have been no significant
 changes in our internal controls or in other factors that could
 significantly affect these controls subsequent to the date of the previously
 mentioned evaluation

---

PART II  - OTHER INFORMATION

ITEM 2.  CHANGES IN SECURITIES.

On January 25, 2002, we completed our public offering by raising
 $74,401.50, and sold 744,015 shares of our common stock at an offering price
 of $0.10 per share. There was no underwriter.

From the effective date of the registration statement to the ending date
 of the reporting period, December 31, 2002, no underwriting discounts nor
 commissions, finders' fees and similar expenses (direct or indirect) were
 paid. The gross proceeds of the offering were $74,401.50.

From the effective date of the registration statement to the ending date
 of the reporting period, December 31, 2002, no funds were used for the
 construction of plant, buildings or facilities, no funds were used for
 purchases of real estate or acquisition of other business or temporary
 investments other than bank accounts.

The funds were received were spent as follows:



|Mining Exploration Expense | $ | 1,637    
|-------------------------- | - | ---------
|Legal and Accounting       | $ | 47,030   
|General and Administrative | $ | 14,123   
|Rent                       | $ | 3,869    
|Stock transfer Agent Fees  | $ | 1,826    
|Travel                     | $ | 4,449    
|Working Capital            | $ | 1,467.50 
|Total                      | $ | 74,401.50



---



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 12th day of February, 2003.

| | ABERDENE MINES LIMITED
 (Registrant)
| | ------------------------------------
| | By:                                 

---

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 ABERDENE MINES LIMITED (the
 "Company") on Form 10-QSB for the period ended December 31, 2002
 as filed with the Securities and Exchange Commission on the date here of
 (the "report"), I, Hugh Grenfal, Chief Executive Officer and Chief
 Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section
 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
 that:

(1) The Report fully complies with the requirements of Section 13(a) or
 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in this Report fairly presents, in all
 material respects, the financial condition and results of operations of the
 Company.



| | /s/ Hugh Grenfal
 Hugh Grenfal
 Chief Executive Officer,
 Chief Financial Officer
 February 6, 2003
| | ---------------------------------------------------------------------------------------------------



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CERTIFICATION PURSUANT TO
 SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Hugh Grenfal, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of 
 ABERDENE MINES LIMITED;

> 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. The registrant's other certifying officers and I are responsible
>  for establishing and maintaining disclosure controls and procedures (as
>  defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and
>  we 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 us 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 our conclusions about the
>  effectiveness of the disclosure controls and procedures based on
>  our evaluation as of the Evaluation Date;

> 5. The registrant's other certifying officers and I
>  have disclosed, based on our most recent evaluation, to the registrant's
>  auditors and the audit committee of registrant's board of directors (or
>  persons performing the equivalent function):
>  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. The registrant's other certifying officers and 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 our
>  most recent evaluation, including any corrective actions with regard to
>  significant deficiencies and material weaknesses.

|Date: |  | February 12, 2003 |  | /s/ Hugh Grenfal                                                                        
|----- |  | ----------------- |  | ----------------------------------------------------------------------------------------
|      |  |                   |  | Hugh Grenfal
 President, Chief Executive Officer, Treasurer and Chief Financial
 Officer