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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 SEPTMBER 30, 2001
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|    | 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 000-33189

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



|Nevada                                                         | 88-0467848                           
|-------------------------------------------------------------- | -------------------------------------
|(State of other jurisdiction
of incorporation or organization) | (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 September 30, 2001: 5,000,000

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|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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|REVENUES                                                                         
|EXPENSES                                                                         
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|LOSS FROM OPERATIONS                                                             
|INCOME TAXES                                                                     
|NET LOSS                                                                         
|NET LOSS PER COMMON SHARE, BASIC AND DILUTED                                     
|WEIGHTED AVERAGE NUMBER OF COMMON STOCK SHARES OUTSTANDING,BASIC AND DILUTED     

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
services and in payment of
advances for approximately
$.055 per share  
|Loss for period ending,                                                                             
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|Balance, June 30, 2000                                                                              
|Loss for the year
ending June 30, 2001                                                              
|Balance, June 30, 2001                                                                              
|Loss for the three month period
ending September 30, 2001                                           
|Balance, September 30, 2001
(unaudited)                                                             

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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|Adjustments to reconcile net loss to net cash used by 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                                                                  
|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 Company)
September 30, 2001

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 three-month period ended September 30, 2001 are not necessarily  indicative of the results that may be expected for the year ending June 30, 2002.

2.	SUBSEQUENT EVENTS

Subsequent to the date of these financial statements, the Company raised a total of $61,000 cash in an initial public offering.  A total of 610,000 shares of common stock were issued at $0.10 per share.

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MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULT 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 September 30, 2001, we had negative working capital of $(45,783) compared to negative working capital of $(20,530) at September 30, 2000.  This change is primarily the result of build-up of accounts payable, related party payables and loans.

At September 30, 2001, our Company had total assets of $482 consisting of cash and mining claims, which compares with our Company's assets at September 30, 2000 of $493.

At September 30, 2001, our Company's total liabilities increased to $45,812 from $20,570 at September 30, 2000, primarily reflecting a build up of accounts payables of $2,819 and related party payables of $22,423.

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, 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 $17,744 for the three months ending September 30, 2001.  The principal component of the loss was professional expenses.

Operating expenses for the three months ending September 30, 2001 were $17,744 up $13,487 from the three months ending September 30, 2000.



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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 6th day of November, 2001

ABERDENE MINES LIMITED 
(Registrant)

By:	/s/ Hugh Grenfal
Hugh Grenfal, President, Treasurer, Chief Financial Officer a member of the Board of Directors