UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, 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 **MARCH 31, 2003**
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 of incorporation)**88-0454792        (IRS Employer Identification        Number)**1040 West GeorgiaSuite 1160Vancouver, British ColumbiaCanada 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 reportsrequired to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that theRegistrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.

Yes [ x ] No [ ]

Indicate the number of shares outstanding of each of the issuer's classes ofcommon stock, as of March 31, 2003: 5,744,015

===============================================================

 

 
**PART I.- FINANCIAL INFORMATION
*ITEM 1. Financial Statements*
Aberdene Mines Limited**
 

(An Exploration Stage Company)
 

 

Index

Contents

Balance Sheets

Statements of Operations

Statements of Cash Flows

Notes to the Financial Statements

 

**Aberdene Mines Limited**(An Exploration Stage Company)

Balance Sheets

(expressed in U.S. dollars)

 
 
March 31,

2003

$

(unaudited) 
June 30,

2002

$

(audited)
ASSETS
Current Assets
Cash
148
1,571
Deposits
411
2,062
Total Current Assets
559
3,633
Mineral Properties (Note 3)
42
42
Total Assets
601
3,675
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current Liabilities
Accounts payable
9,060
455
Accrued liabilities
1,200
-
Advances from related party (Note 4(b))
1,565 
222
Total Liabilities
11,825
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
(360,625) 
(346,403)
Total Stockholders' Equity (Deficit)
(11,224) 
2,998
Total Liabilities and Stockholders' Equity
601 
3,675
 

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
Nine Months Ended
to March 31,
March 31,
March 31,
2003

$
2003

$
2002

$
2003

$
2002

$
Revenue
- 
- 
- 
- 
- 
Expenses
Consulting
273,469
- 
- 
- 
-
General and administration
14,373
16
3,141
250
11,492
Mining exploration
5,043
- 
- 
3,406
249
Professional fees
56,455
1,565
1,923
9,425
20,373
Rent
4,780
911
1,313
911
2,403
Transfer agent and filing fees
2,056
- 
1,826
230
1,826
Travel
4,449
- 
622
- 
4,450
360,625
2,492
8,825
14,222
40,793
Net Loss for the Period
(360,625)
(2,492)
(8,825)
(14,222)
(40,793)
Net Loss Per Share - Basic
- 
- 
- 
- 
Weighted Average Shares Outstanding
5,744,000
5,537,000
5,744,000
5,177,000
(Diluted loss per share has not been presented as the result isanti-dilutive)

 

Aberdene Mines Limited

(An Exploration Stage Company)

Statements of Cash Flows

(expressed in U.S. dollars)

(unaudited)
 
Nine Months Ended 
March 31, 
2003

$ 
2002

$
Cash Flows To Operating Activities   
Net loss
(14,222) 
(40,793)
Changes in non-cash working capital items   
Decrease in deposits        
1,651 
-
Increase (decrease) in accounts payable and accrued liabilities        
9,805 
(5,604)
Net Cash Used In Operating Activities
(2,766) 
(46,397)
Cash Flows From Financing Activities   
Advances from (to) related party
1,343 
(21,690)
Proceeds from sale of common stock
- 
74,402
Net Cash Provided By Financing Activities
1,343 
52,712
Cash Flows To Investing Activities
- 
-
Net Increase (Decrease) in Cash
(1,423) 
6,315
Cash - Beginning of Period
1,571 
69
Cash - End of Period
148 
6,384
Non-Cash Financing Activities
- 
-
Supplemental Disclosures   
Interest paid
- 
-
Income taxes paid
- 
-
 
NOTES TO THE FINANCIAL STATEMENTS

1. Exploration Stage Company

The Company was incorporated in the State of Nevada on January 21, 2000. InJanuary 2000 the Company purchased six mineral claims, situated in theCasino-Red Cap property, Columbia River Valley in the Province of BritishColumbia, Canada.The Company's principal business plan is to acquire, explore and develop mineralproperties and to ultimately seek earnings by exploiting the mineral claims.

The Company has been in the exploration stage since its formation in January2000 and has not yet realized any revenues from its planned operations. It isprimarily engaged in the acquisition, exploration and development of miningproperties. Upon location of a commercial mineable reserve, the Company willactively prepare the site for extraction and enter a development stage. Atpresent, management devotes most of its activities to raise sufficient funds tofurther explore and develop its mineral properties. Planned principal activitieshave not yet begun. The ability of the Company to emerge from the explorationstage with respect to any planned principal business activity is dependent uponits successful efforts to raise additional equity financing and/or attainprofitable mining operations. Management has plans to seek additional capitalthrough a private placement and public offering of its common stock. There is noguarantee that the Company will be able to complete any of the above objectives.These factors raise substantial doubt regarding the Company's ability tocontinue as a going concern.

At March 31, 2003, the Company had a working capital deficit of $11,224. Aminimum of $4,000 per quarter is needed to cover expenses. Thus in the next yearthe Company will require $27,224 to cover both new expenses and the currentworking capital deficit. This amount would operate the Company but leave littleor nothing for exploration. The Company expects to fund itself in the nexttwelve months by sales of shares.

The Company filed an SB-2 Registration Statement with the U.S. SecuritiesExchange Commission which has been declared effective.2. Summary of Significant Accounting PrinciplesYear End
The Company's year end is June 30.
Basis of Accounting
These financial statements are prepared in conformity with accountingprinciples generally accepted in the United States and are presented in USdollars.
Cash and Cash Equivalents The Company considers all highly liquid instrumentswith a maturity of three months or less at the time of issuance to be cashequivalents.
Property, Plant and Equipment Property, plant and equipment is stated atcost. Amortization is computed using the straight-line method over five years.Long-Lived Assets SFAS No. 144, "Accounting for the Impairment or Disposalof Long-Lived Assets" establishes a single accounting model for long-livedassets to be disposed of by sale including discontinued operations. SFAS 144requires that these long-lived assets be measured at the lower of the carryingamount or fair value less cost to sell, whether reported in continuingoperations or discontinued operations.
Foreign Currency Transactions/Balances
The Company's functional currency is the United States dollar. Occasionaltransactions occur in Canadian currency, and management has adopted FinancialAccounting Standard No. 52. Monetary assets and liabilities denominated inforeign currencies are translated into United States dollars at rates ofexchange in effect at the balance sheet date. Gains or losses are included inincome for the years, except gains or losses relating to long-term debt, whichare deferred and amortized over the remaining term of the debt. Non-monetaryassets, liabilities and items recorded in income arising from transactionsdenominated in foreign currencies are translated at rates of exchange in effectat the date of the transaction.
Exploration Costs

The Company is in the exploration stage and all costs relating to mineralproperty grassroots exploration are charged to operations as incurred. Basic andDiluted Net Income (Loss) per Share Loss per share was computed by dividing thenet loss by the weighted average number of shares outstanding during the period.The weighted average number of shares was calculated by taking the number ofshares outstanding and weighting them by the amount of time that they wereoutstanding. Basic and diluted loss per share were the same, as there were nocommon stock equivalents outstanding.

Use of Estimates
The preparation of financial statements in conformity with U.S. generallyaccepted accounting principles requires management to make estimates andassumptions that affect the reported amounts of assets and liabilities anddisclosure of contingent assets and liabilities at the date of the financialstatements and the reported amounts of revenues and expenses during thereporting period. Actual results could differ from those estimates.
Financial Instruments

The carrying value of cash and equivalents, accounts payable, accruedliabilities, and advances from related party approximate fair value due to therelatively short maturity of these instruments.

Concentration of Risk

The Company maintains its cash accounts in primarily one commercial bank inVancouver, British Columbia, Canada. The Company's cash account is a businesschecking account maintained in U.S. dollars, with a balance of $148 as of March31, 2003. This account is not insured.

Recent Accounting Pronouncements

On June 29, 2001, SFAS No. 141, "Business Combinations," wasapproved by the Financial Accounting Standards Board ("FASB"). SFASNo. 141 requires that the purchase method of accounting be used for all businesscombinations initiated after June 30, 2001. Goodwill and certain intangibleassets will remain on the balance sheet and not be amortized. On an annualbasis, and when there is reason to suspect that their values have beendiminished or impaired, these assets must be tested for impairment, andwrite-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 orresults of operations.

On June 29, 2001, SFAS No. 142, "Goodwill and Other IntangibleAssets," was approved by FASB. SFAS No. 142 changes the accounting forgoodwill 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 businesscombinations, will cease upon adoption of this statement. The Company adoptedSFAS No. 142 and its impact is not expected to have a material effect on itsfinancial position or results of operations. In June 2001, the FASB issued SFASNo. 143, "Accounting for Asset Retirement Obligation." SFAS No. 143 iseffective for fiscal years beginning after June 15, 2002, and will requirecompanies to record a liability for asset retirement obligations in the periodin which they are incurred, which typically could be upon completion or shortlythereafter. The FASB decided to limit the scope to legal obligations and theliability will be recorded at fair value. The Company adopted SFAS No. 143 andits impact is not expected to have a material effect on its financial positionor results of operations.

In August 2001, the FASB issued SFAS No. 144, "Accounting for theImpairment or Disposal of Long-Lived Assets." SFAS No. 144 is effective forfiscal years beginning after December 15, 2001. It provides a single accountingmodel for long-lived assets to be disposed of and replaces SFAS No. 121"Accounting for the Impairment of Long-Lived Assets and Long-Lived Assetsto Be Disposed Of." The Company adopted SFAS No. 144 and its impact is notexpected to have a material effect on its financial position or results ofoperations.

In June, 2002, FASB issued SFAS No. 146, "Accounting for CostsAssociated with Exit or Disposal Activities". The provisions of thisStatement are effective for exit or disposal activities that are initiated afterDecember 31, 2002, with early application encouraged. This Statement addressesfinancial accounting and reporting for costs associated with exit or disposalactivities and nullifies Emerging Issues Task Force (EITF) Issue No. 94-3,"Liability Recognition for Certain Employee Termination Benefits and OtherCosts to Exit an Activity (including Certain Costs Incurred in aRestructuring)". This Statement requires that a liability for a costassociated with an exit or disposal activity be recognized when the liability isincurred. The Company will adopt SFAS No. 146 on January 1, 2003. The effect ofadoption of this standard on the Company's results of operations and financialposition is being evaluated. FASB has also issued SFAS No. 145 and 147 but theywill not have any relationship to the operations of the Company therefore adescription of each and their respective impact on the Company's operations havenot been disclosed.

Interim Financial Statements

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

3. Mineral Properties

In January 2000, the Company, through Mr. Hugh Grenfal, its President and amember of the board of directors, acquired 100% of the rights, titles andinterests in six mining claims in the Casino-Red Cap property, Columbia RiverValley, British Columbia. Payment of $42 was required to record the six miningclaims. These amounts were paid by the shareholders and repaid by the Company inthe form of stock. Although the claims are recorded in Mr. Grenfal's name fortax purposes, title to the claims has been conveyed to the Company via anunrecorded deed.4. Related Party Transactions/Balances

a) The Company occupies office space provided by Mr. Grenfal, its President, inhis capacity as vice president and director of Callinan Mines Limited. Monthlyrental is determined by usage. While Mr. Grenfal is no longer affiliatedwith Callinan Mines, the Company expects that the office rental arrangement willcontinue for at least the next year. The value of this space is consideredimmaterial 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.  MANAGEMENTS' DISCUSSION AND ANALYSIS OR PLAN OF OPERATION*
Plan of Operation**
In our last audit, that for the period ended June 30, 2002, the auditor    issued a 'going concern' opinion; this means that there is doubt that we can    continue as an ongoing business for the next twelve months.

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 March 31, 2003, the Company had a working capital deficit of $11,224.    A minimum of $4,000 per quarter is needed to cover expenses. Thus in the    next year the Company will require $27,224 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.
**FORWARD LOOKING STATEMENTS**
This filing contains statements that plan for or anticipate the future.    Forward-looking statements include statements about the future of mining    exploration or operations, statements about our future business plans and    strategies, and other statements that are not historical in nature. In this    filing forward-looking statements are generally identified by the words    "anticipate," "plan," "believe,"    "expect," "estimate," etc.

Although we believe that any forward-looking statements we make in this    filing are reasonable, because forward-looking statements involve future    risks and uncertainties, there are factors that could cause actual results    to differ materially from those expressed or implied. For example, a few of    the uncertainties that could affect the accuracy of forward-looking    statements include the following:

-Our ability to fund and complete our exploration;

-changes in applicable government regulations that might affect our    future exploration or development

-our indebtedness and debt service obligations;

-our ability to operate in a regulated environment and to satisfy    regulatory authorities;

-changes in our business strategies;

-the difficulty of finding staff of sufficient technical ability to    provide services for our properties

-our ability to secure capital and the related cost of capital

-the necessity to fund our proposed operations and future growth; and

-our ability to establish a market for our common stock.

In light of the significant uncertainties inherent in the forward-looking    statements made in this filing, particularly in view of our early stage of    operations, the inclusion of this information should not be regarded as a    representation by us or any other person that our objectives and plans will    be achieved.
***Item 3. Controls and Procedures***
Based on their most recent evaluation, which was completed within 90 days    of the filing of this Form 10-QSB, the Company's president believes the    Company's disclosure controls and procedures (as defined in Exchange Act    Rules 13a-14 and 15d-14) are effective to ensure that information required    to be disclosed by the Company in this report is accumulated and    communicated to the Company's management, including its principal financial    officer, as appropriate, to allow timely decisions regarding required    disclosure. There were no significant changes in the Company's internal    controls or other factors that could significantly affect these controls    subsequent to the date of their evaluation and there were no corrective    actions with regard to significant deficiencies and material weaknesses.

The affairs of the company are not complex and therefore the president    has reason to believe that controls and procedures are adequate at this    time. There were no significant changes in the Company's internal controls    or other factors that could significantly affect these controls subsequent    to the date of their evaluation.

The company follows the 'open folder' method of reality-checking whereby    any shareholder, or any individual with a valid business purpose, may    examine the books, records, documentation and bills, checks and accounts of    the company during business hours at our main office. This policy is    expected to continue while the present directors remain directors of the    company.

 
**PART II - OTHER INFORMATION**
 
***Item 2. Changes in Securities***
 

On July 27, 2001, the Securities and Exchange Commission declared our    Form SB-2 Registration Statement effective, SEC File no. 333-35586. We    offered up to 2,000,000 shares at $0.10 per share.

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, March 31, 2003, 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, March 31, 2003, 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 from the sales    under the registration statement were spent as noted in the company's 10QSB    filing in December, 2003.

 
**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 2nd day of May,    2003.

 **ABERDENE MINES LIMITED          (Registrant)** 
 

By:
____________________________________

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

 

 
**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 March 31, 2003,    2003 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.

Dated this 2nd day of May, 2003.

 

 

 
_______________________________________

/s/ Hugh Grenfal

Chief Executive Officer and Chief Financial Officer
 
**CERTIFICATION**
 

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.

Dated this 2nd day of May, 2003.

 
/s/ Hugh Grenfal

Principal Executive Officer and Principal Financial Officer************ |
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