SECURITIES AND EXCHANGE COMMISSION
                                 WASHINGTON, D.C.  20549


                                     FORM 10-Q



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



   For the Quarter Ended September 30, 2014       Commission File No. 001-10156



                          ORIGINAL SIXTEEN TO ONE MINE, INC.
                (Exact name of registrant as specified in its charter)



                   CALIFORNIA                            94-0735390
      (State or other jurisdiction of     (I.R.S. Employer Identification No.)
        incorporated or organization

                     Post Office Box 909, Alleghany, CA  95910
                      (Address of principal executive offices)


                                    (530) 287-3223
                            (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 past 12 months (or for such shorter period that the Registrant
was required to file such reports), and (2) has been subject to such filing
requirement for the past 90 days.

                        N/A Voluntary Filers



As of September 30, 2014, 13,399,505 shares of Common Stock, par value $.03 per
share, were issued and outstanding.

<page>


                                   PART I

1.  FINANCIAL INFORMATION

                             Original Sixteen to One Mine, Inc.
                              Condensed Balance Sheet
                     Sept. 31, 2014 and December 31, 2013




                                      Sept. 31, 2014 & December 31, 2013

ASSETS

Current Assets
  Cash                                             $  1,121    $   44,479
   Accounts receivable                                6,092         4,915
   Inventory                                        251,302       300,719
   Other current assets                                 -             -
                                                    -------       -------
    Total current assets                            258,515       350,113
                                                    -------       -------

Mining Property
   Real estate and property rights
        net of depletion of $524,145                230,401      230,401
   Mineral property                                  47,976       47,976
                                                    -------      -------
   Total Mining Property (see Note 2)               278,377      278,377
                                                    -------      -------

Fixed Assets at Cost
   Equipment                                        877,208      877,208
   Buildings                                        209,487      209,487
   Vehicles                                         158,396      105,414
                                                  ---------    ---------
  Total fixed assets at cost                      1,245,091    1,192,109
                                                  ---------    ---------
Less accumulated depreciation                   (1,092,991)  (1,084,025)
                                                -----------  -----------
   Net fixed assets                                152,100      108,084
                                                -----------  -----------

Other Assets
   Bonds and misc. deposits                           5,460        5,460
                                                  ---------      -------

   Total Assets                                  $  694,452   $  742,034
                                                 ==========    ==========

<page>

Original sixteen to One Mine, Inc.
Condensed Balance Sheet Continued
                                            Sept 31, 2014  Dec.31, 2013

LIABILITIES & STOCKHOLDERS' EQUITY

Current Liabilities
   Accounts payable & accrued expenses          $  884,100       765,341
   Due to related party                            204,930       229,658
   Notes payable Short-term                        747,086       500,000
                                                  --------       -------
   Total Current Liabilities                     1,836,116     1,494,999
                                                  --------       -------

Long Term Liabilities
   Notes payable due after one year                177,036       131,595
                                                  --------       -------
Total Liabilities                                2,013,152     1,626,594
                                                  --------      -------

Stockholders' Equity
   Capital stock, par value $.03:
   30,000,000 shares authorized: 13,399,505
   issued and outstanding as of Sept 30, 2014
   and as of December 31, 2013                     440,656       440,656
   Additional paid-in capital                    2,063,202     2,063,202
   (Accumulated deficit)
   Retained earnings                           (3,822,558)   (3,388,418)
                                              ------------   -----------
   Total Stockholders' Equity                  (1,318,700)     (884,560)
                                              ------------   -----------

Total Liabilities and Stockholders' Equity       $ 694,452    $  742,034
                                              ============  ============


                              See Accompanying Notes

<page>

                  Original Sixteen to One Mine, Inc.
             Statement of Operations and Retained Earnings


                  Three Months Ending Sept. 30,    Nine Months Ending Sept. 30,
                             2014            2013           2014           2013
                           ------          ------          ------         -----
Revenues:

                             ---------    ---------      --------      --------
     Total revenues         $  24,000   $   80,657   $    120,652   $   244,392
                             ---------    ---------      --------      --------
Operating expenses:
  Salaries and wages           15,000       15,345         45,434        49,083
  Contract Labor               66,182       43,327        207,679        90,329
  Utilities                    15,783       13,863         41,848        37,831
  Taxes - property & payroll    5,754        6,262         18,075        17,291
  Insurance                     1,258        4,331         76,418        14,652
  Supplies                      5,223       22,234          5,888        54,668
  Small equipment & repairs     3,481        8,070         15,032        17,579
  Mine Maintenance             30,326        3,020         21,587        38,741
  Drayage                       7,139        9,573          8,147        19,195
  Corporate expenses            1,009        2,224          3,396        11,442
  Legal and accounting          2,352          636         82,736         1,029
  Depreciation & amortization   2,989        5,266          8,966         9,065
  Other expenses                  832          706          4,436        12,560
                           ----------   ----------        -------       -------
  Total operating expenses    157,328      134,857        539,642       373,465
                          ----------    ----------       --------      --------
Profit (Loss) from operations(133,328)    (54,200)      (418,990)     (129,073)

Other Income:                   1,100        1,860          4,605         6,863
Other Expense:                 15,470        2,266         18,955        15,645
                             --------     ---------      ---------    ---------
 Total Other income(expense) (14,370)         (406)       (14,350)      (8,782)
                             --------    ----------       -------      --------
Profit (Loss) before taxes  (147,698)     (54,606)      (433,340)     (137,855)
                             --------    ----------     ---------     ---------
Income tax benefit (expense)                                (800)         (800)
                             --------    ----------      ---------     --------
Net profit (loss)      $    (147,698) $    (54,606)   $  (434,140)  $ (138,655)
                         ============    ===========    ==========   ==========

Basic and diluted (loss)
 earnings per share     $    (.01)     $    (.004)   $     (.03)    $     (.01)
                      ============    ============      =========     =========
Shares used in the
calculation of net
(loss) income per share 13,399,505     13,399,505       13,399,505   13,399,505
                       ============    ===========      ==========  ===========


                              See Accompanying Notes

<page>


                      Original Sixteen to One Mine, Inc.
                           Statement of Cash Flows
         Nine Months Ended Sept. 30, 2014 and Sept. 30, 2013

                                             Nine Months Ended Sept. 30,
                                                 2014                   2013
                                           --------------         ------------


Net profit (loss)                             $  (434,140)          $ (138,655)
  Cash Flows From Operating Activities:
     Depreciation and amortization                   8,966                9,065
          (Increase)Decrease in
        accounts receivable                        (1,177)              (7,144)
     Decrease(Increase) in inventory                49,417             (69,604)
     (Increase)Decrease in other
       current assets                                   -                  -
     (Decrease) increase in accounts payable
       and accrued expenses                        118,760            (134,406)
    (Decrease) increase in related party loans                        (116,057)
    (Decrease) increase in short term notes       (24,728)              500,000

                                              ------------           ----------
  Net cash (used) provided by
     operating activities                         (35,815)               43,199
                                              ------------           ----------

Cash Flows From Investing Activities:
  Fixed Asset Purchases                           (52,982)             (32,138)
  Proceed from sale real estate                         -                -
  Other assets bonds misc. deposits                     -                -
                                               -----------         -----------
  Net cash (used) provided by
    investing activities                          (52,982)             (32,138)
                                                -----------         -----------

Cash Flows From Financing Activities

   Increase (decrease) notes payable                45,439              -
  Proceeds from sale of common stock                  -                 -
  Additional paid-in capital                          -                 -
                                                -----------        -----------
  Net cash provided (used) by
    financing activities                             45,439              -
                                                ------------      ------------

(Decrease) increase in cash                       (43,358)               11,061

Cash, beginning of period                          44,479                 4,881
                                                ------------        ----------
Cash, end of period                               $  1,121    $          15,942
                                               ============         ============

Supplemental schedule of other cash flows:

  Cash paid during the period for:

    Interest expense                         $      18,156         $     15,127
                                               ============         ===========
    Income taxes                             $         800          $       800
                                               ============         ===========


                              See Accompanying Notes
<page>

                        NOTES TO THE FINANCIAL STATEMENTS

I.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business: Original Sixteen to One Mine, Inc. (the Company) was
incorporated in 1911 and is actively involved in operating gold mines in
Alleghany, California; currently, in maintenance status.

Inventory: Inventory consists of gold bullion, specimens and jewelry.  Gold
bullion and specimens are quoted at the market price for gold bullion.
Jewelry is quoted at the market price for the gold content plus labor cost.
Gold bullion and jewelry are accounted for using the FIFO method.  All other
inventory is accounted for using the specific identification method.

Fixed Assets:  Fixed assets are stated at historical cost.  Depreciation is
calculated using straight-line and accelerated methods over the following
useful lives: Vehicles 3 to 5 years, Equipment 5 to 7 years, Buildings 18 to
31.5 years.

Depletion Policy:  Because of the geological formation in the Alleghany Mining
District, estimates of ore reserves cannot be calculated, and accordingly, a
cost per unit depletion factor cannot be determined.  Should estimates of ore
reserves become available, the units of production method of depletion will be
used.  Until such time, no depletion deduction will be recorded.

Revenue Recognition:  As they are mined, gold specimens are recorded in
inventory and revenue is recognized using quoted market prices for gold.
For income tax purposes revenues are not recognized until the gold is sold.

Use of Estimates:  The preparation of financial statements in conformity with
generally accepted accounting principles requires management to make estimates
and assumptions.  These estimates and assumptions affect the reported amounts
of 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 these estimates.

  GENERAL NOTES

1.  In accordance with directive from the Securities and Exchange Commission
(SEC)and Industry Guide 7, reference for all intent and purposes to the
Company's employees as miners, its properties as mines or its operation as
mining does not diminish the fact that the Company has no proven reserves and
is in the "exploration state" as defined in Guide 7(a)(4)(iii).

2. In the opinion of management, the financial statements contain all
adjustments (consisting only of normal recurring accruals) necessary to present
fairly the Company's financial position at Sept. 30, 2014 and December 31,
2013, the results of operations and cash flows for the three-month and
nine-month periods ended Sept. 30, 2013 and 2014.  The unaudited financial
statements have been prepared in accordance with Generally Accepted Accounting
Principles for interim financial information and with the instructions to Form
10-Q and Item 310(b) of Regulation S-B.

II.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF PLAN OF OPERATION

The Sixteen to One mine in the Alleghany Mining District is a unique mine and
requires a unique operation, which has been recognized by its owners, its
miners, geologists, engineers, and some public agencies during the last decade
of the twentieth century and to the present.  It is a traditional high-grade,
hard rock, underground gold mine.  The same company owns and operates
(maintains) the mine. Original Sixteen to One Mine Inc, (owner) was incorporated
in California in 1911.  Experts estimate that less than twenty percent of the
ore deposit has been mined.  Production is approximately 1,500,000 ounces of
gold.

There are over twenty-eight miles of horizontal workings and millions of cubic
feet of vertical excavations called stopes.  The entire grounds are not
maintained for mining.  Once an area is targeted for mining, travel ways and
escape routes are brought into safety compliance.  Production miners set up a
heading (face) and begin a drill-blast-muck sequence into the quartz.  Gold is
hosted in the quartz vein in exceedingly rich concentrations called "pockets".
Metal detectors are regularly used underground as a tool for guiding the
direction of the work.  Metal detectors are also used as a tool to classify the
ore underground.  This has the positive affect of reducing the volume of rock
from the mine, thereby reducing costs.

In 1992, the company initiated a gold marketing plan of selling gold in quartz
as a gemstone.  This produces revenue significantly greater than selling gold
into the spot market.  Demand for the Sixteen to One gold-in-quartz gemstone
exceeds supply.

Production has been termed a "feast or famine" situation for over 100 years.
Reserves in a high-grade gold mine cannot be termed as "proven".  By industry
wide definition of phases of a mine operation, the operation during this
quarter is exploration. Exploration aims at locating the presence of economic
deposits and establishing their nature, shape and grade. The investigation may
be divided into (1) initial and (2) final. At the Sixteen to one the search for
gold or ore embraces: (1) geological surveys; (2) geophysical prospecting; (3)
boreholes; (4) surface or underground headings, drifts or tunnels. When
operations detect the presence of gold, the Company evaluates the indicators
and if warranted, moves its operation from exploration to development. When the
presence of gold is evaluated, the Company moves its operation into production.
The company hoards gold and sells it according to short-term cash needs.  This
fact requires an operator to manage its cash flow to operate between pockets.
It is difficult to undertake major expansion plans with an uncertain supply of
capital.  The Company has announced general plans to build a new shaft in the
northern section of its Alleghany patented claims when funds are available.


BALANCE SHEET COMPARISONS

For the nine-month period from December 31, 2013 to Sept. 30, 2014 total
current assets decreased by $91,598 (26%) primarily due to a $43,358 (97%)
decrease in cash, and a $49,417 (16%) decrease in inventory. The de   crease in
inventory was primarily the result of decreased gold prices.  Vehicles
increased by $52,982 (50%) due to the purchase of a used excavator.

For the same nine-month period accounts payable and accrued expenses increased
by $118,759 (16%).  Related party payables decreased by $24,728 (11%) primarily
due to loan payments.  Short-term notes increased by $341,117 (23%) due to
interest and additional loans from a technology company that is using the mine
as a beta site.

STATEMENT OF OPERATIONS

Revenues for the three-month period ended Sept. 30, 2014 were $56,657 (70%)
lower than the same period in 2013 primarily due to less sales in 2014.

Revenues for the nine-month period ended Sept. 30, 2014 compared to the same
period in 2013 decreased by $123,740 (51%) due to a lack of gold production in
2014 combined with lower sales in 2014 compared to 2013.

Total operating expenses for the three-month and nine-month periods ended Sept
30,2014 increased by $22,470 (17%) and $166,178 (44%) respectively compared to
the same periods in 2013 as a result of increased maintenance and exploration
activity in 2014.

Other expenses for the three-month and nine-month periods ended Sept 30,2014
increased significantly primarliy due to more interest expense in 2014 as the
company relied on creditors to cover operating expenses more heavily in 2014.

For the three-month period ended Sept. 30, 2014 the company showed a loss of
$147,697 compared to a loss of $54,607 for the same period in 2013.  The
$93,091 (170%) difference is due to increased operating expenses in 2014
as a result of increased activity compared to 2013. For the nine-month
period ended Sept. 30, 2014 the company showed a loss of $434,140 compared to a
loss of $138,655 for the same period in 2013.  The $295,485 (213%) difference
is primarily due to increased operating expenses in 2014 as a result of
increased activity compared to 2013.


SUBSEQUENT EVENTS

None

LIQUIDITY AND CAPITAL RESOURCES

The Company's liquidity is substantially dependent upon the results of
operations.  The Company maintains a gold inventory which it liquidates to
satisfy working capital needs.  There is no assurance that inventory is
adequate to sustain the Company.

PART II

LEGAL PROCEEDINGS

In July 2009 the Company and its President were served a complaint for damages
in Superior Court of the State of California, County of Sierra by the
California Regional Water Quality Control Board, Central Valley Region. The
case number is: 7019. On March 18,2011 the second, third and fourth causes of
action were dismissed leaving only the first cause of action; also, Michael
Miller was dismissed as a defendant in the case. The company was notified that
recent discussion between the California Regional Water Quality Control Board
and a California water district are underway that could significantly affect
the Sixteen to One lawsuit. The lawsuit is in a holding position until a
decision is reached in the related case.

OTHER INFORMATION

The unaudited interim consolidated financial statements of Original Sixteen to
One Mine, Inc. (the Company) have been prepared by management in accordance
with generally accepted accounting practices.  Such rules allow the omission of
certain information and footnote disclosures normally included in financial
statements prepared in accordance with generally accepted audited accounting
principles as long as the statements are not misleading.

In the opinion of management, verified by signature below, all adjustments
necessary for a fair presentation of these interim statements have been
included.  These adjustments are of a normal recurring nature.

The preparation of the Company's financial statements in conformity with
accounting principles accepted in the United States requires management to make
estimates and assumptions.  These estimates and assumptions affect the reported
amounts of assets and liabilities and disclosure of contingent liabilities at
the date of the financial statements, as well as the reported amount of
revenues and expenses during the reporting period.  On an ongoing basis,
management evaluates its estimates and assumptions; however, actual amounts
could differ from those based on such estimates and assumptions.  No accounting
principle upon which the Company's financial status depends, requires estimates
of proven and probable reserves and/or assumptions of future gold prices.
Commodity prices may significantly affect the company's profitability and cash
flow.  No independent accounting firm or auditors have any responsibility for
the accounting and written statements of the Form 10-Q.

The Company and its president assume responsibility for the accuracy of this
filing and certify the financial statements present fairly in all material
respects, the financial position of Original Sixteen to One Mine, Inc at Sept.
30, 2014.

CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

From time to time the Original Sixteen to One Mine, Inc. (the Company), will
make written and oral forward-looking statements about matters that involve
risks and uncertainties that could cause actual results to differ materially
from projected results.  Important factors that could cause actual results to
differ materially include, among others:

- Fluctuations in the market prices of gold
- General domestic and international economic and political
  conditions
- Unexpected geological conditions or rock stability conditions
  resulting in cave-ins, flooding, rock-bursts or rock slides
- Difficulties associated with managing complex operations in remote areas
- Unanticipated milling and other processing problems
- The speculative nature of mineral exploration
- Environmental risks
- Changes in laws and government regulations, including those
  relating to taxes and the environment
- The availability and timing of receipt of necessary governmental
  permits and approval relating to operations, expansion of operations,
  and financing of operations
- Fluctuations in interest rates and other adverse financial market conditions
- Other unanticipated difficulties in obtaining necessary financing with
  specifications or expectations
- Labor relations
- Accidents
- Unusual weather or operating conditions
- Force majeure events
- Other risk factors described from time to time in the Original Sixteen to One
Mine, Inc., filings with the Securities and Exchange Commission

Many of these factors are beyond the Company's ability to control or predict.
Investors are cautioned not to place undue reliance on forward-looking
statements.  The Company disclaims any intent or obligation to update its
forward-looking statements, whether as a result of receiving new information,
the occurrence of future events or otherwise.

SIGNATURE

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.

ORIGINAL SIXTEEN TO ONE MINE, INC.
(Registrant)


/s/Michael M. Miller
President and Director
Dated:  September 8, 2015