SECURITIES AND EXCHANGE COMMISSION
                                 WASHINGTON, D.C.  20549


                                     FORM 10-Q



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



   For the Quarter Ended March 31, 2017       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 Filer
Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer,""accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer [  ]               Accelerated filer [ ]

Non-accelerated filer [ ] (do not check if smaller reporting company)

Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-d of the Exchange Act).  Yes [ ] N0 [X]


As of March 31, 2017, 14,338,855 shares of Common Stock, par value $.03 per
share, were issued and outstanding.

<page>


                                   PART I

Original Sixteen to One Mine, Inc.
Condensed Balance Sheet

                                       March 31, 2017 & December 31, 2016

ASSETS

Current Assets
  Cash                                             $ 39,009    $    6,956
   Accounts receivable                               67,965       105,417
   Inventory                                        831,110     1,010,213
   Other current assets                                 -             -
                                                    -------       -------
    Total current assets                            938,084     1,122,586
                                                    -------       -------

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                            278,377      278,377
                                                    -------      -------

Fixed Assets at Cost
   Equipment                                        885,307      885,307
   Buildings                                        209,487      209,487
   Vehicles                                         171,522      171,522
                                                  ---------    ---------
  Total fixed assets at cost                      1,266,316    1,266,316
                                                  ---------    ---------
Less accumulated depreciation                   (1,156,838)  (1,151,296)
                                                -----------  -----------
   Net fixed assets                                109,478      115,020
                                                -----------  -----------

Other Assets
   Bonds and misc. deposits                         21,460       21,460
                                                  ---------      -------

   Total Assets                                  $1,347,399   $1,537,443
                                                ==========    ==========

<page>

Original sixteen to One Mine, Inc.
Condensed Balance Sheet Continued

LIABILITIES & STOCKHOLDERS' EQUITY
                                      March 31, 2017 & December 31, 2016

Current Liabilities
   Accounts payable & accrued expenses              $1,176,543 1,187,920
   Due to related party                                206,462   175,533
   Notes payable Short-term                            535,328   534,691
                                                      --------   -------
   Total Current Liabilities                        1,918,333  1,898,144
                                                      --------   -------

Long Term Liabilities
   Notes payable due after one year                    139,867   144,449
                                                      --------   -------
Total Liabilities                                   2,058,199  2,042,593
                                                      --------   -------

Stockholders' Equity
   Capital stock, par value $.03:
   30,000,000 shares authorized: 14,338,855
   issued and outstanding as of March 31,2017
   and as of December 31, 2016                     468,836       468,836
   Additional paid-in capital                    2,222,892     2,222,892
   (Accumulated deficit)
   Retained earnings                           (3,402,529)   (3,196,878)
                                              ------------   -----------
   Total Stockholders' Equity                    (710,801)     (505,150)
                                              ------------   -----------

Total Liabilities and Stockholders' Equity      $1,347,399    $1,537,443
                                              ============  ============





                              See Accompanying Notes

<page>

                         Original Sixteen to One Mine, Inc.
                     Statement of Operations and Retained Earnings
                Three Months Ended March 31, 2017 and March 31, 2016

                             Three Months Ending March 31,
                                      2017            2016
                                    ------          ------
Revenues:
  Gold & jewelry sales             $ (55,828)  $   314,167
  Other Revenue                       24,000        24,000
                                   -----------   -----------
     Total revenues                  (31,828)       338,167
                                 -----------   -----------
Operating expenses:
  Salaries and wages                  15,000        15,000
  Contract Labor                      68,968        92,258
  Telephone & utilities               16,722        25,132
  Taxes - property & payroll           4,056         5,680
  Supplies                             9,248        27,481
  Insurance                            1,036           582
  Small equipment & repairs           18,414        21,327
  Drayage                              2,209         2,963
  Corporate expenses                   1,840         3,900
  Legal fees and penalties             5,918         2,453
  Mine Maintenance & Compliance       19,367        21,625
  Depreciation & amortization          5,542         5,542
  Other operating expenses               892         3,516
                                   ----------   ----------
  Total operating expenses           169,212       230,968
                                 ----------     ----------
  Profit (Loss) from operations    (201,040)       107,199

Other Income & Expenses:

Other Income                          1,587           800
Other Expenses                        6,197        14,525
                                    -------       --------
Total Other Income (Expense)        (4,610)       (13,725)
                                 ----------    -----------
Profit (Loss) before taxes        (205,650)        93,474
                                 ----------     -----------
Income Tax Benefit                      -            800
Net Profit (Loss)             $   (205,650)   $    92,674
                               ============     ===========

Basic and diluted Gain
   (Loss) per share           $        (.014)   $      .007
                                 ============    ==========
Shares used in the
   calculation of net
   loss income per share           14,338,855    13,399,505
                                 ============    ==========


                              See Accompanying Notes

<page>


                      Original Sixteen to One Mine, Inc.
                           Statement of Cash Flows
         Three Months Ended March 31, 2017 and March 31, 2016

                                              Three Months Ended March 31,
                                               2017                   2016
                                         --------------         --------------
Cash Flows From Operating Activities:
Net profit (loss)                       $        (205,650)         $     97,674
  operating activities:
     Depreciation                                    5,542                5,542
     (Increase)Decrease in
        accounts receivable                         37,452                  656
     Decrease(Increase) in inventory               179,103               53,737
     (Increase)Decrease in other
       current assets                                  -                     -
     (Decrease) increase in accounts payable
       and accrued expenses                       (11,377)               16,140
    (Decrease) increase related-party loans         30,929            (205,179)
    (Decrease) increase in short term notes            637            (497,287)


                                              ------------           ----------
  Net cash (used) provided by
     operating activities                           36,636            (528,717)
                                              ------------          -----------

Cash Flows From Investing Activities:


  (Increase) Decrease Bonds, Misc Deposits           -                      460
                                             -------------           ----------

  Net cash (used) provided by
    investing activities                             -                      460
                                             -------------          -----------

Cash Flows From Financing Activities

  Increase (decrease) notes payable                (4,583)              (4,026)
  (Increase) decrease in notes receivable              -                   -
  Proceeds from sale of common stock                   -                   -
  Additional paid-in capital                           -                   -
                                              ------------         ------------
  Net cash provided (used) by
    financing activities                           (4,583)              (4,026)
                                              ------------         ------------
 (Decrease) increase in cash                        32,053            (532,283)

Cash, beginning of period                           6,956               540,662
                                              ------------           ----------
Cash, end of period                            $   39,009   $             8,379
                                              ============         ============

Supplemental schedule of other cash flows:

  Cash paid during the period for:

    Interest expense                         $       6,365         $    13,980
    Income Taxes                             $          -         $        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 The Sixteen to one
mine in Alleghany, California.

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 gold content plus labor cost.
Due to limitations of the Company's accounting software all inventory is
accounted for using average cost.

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 March 31, 2017 and December 31,
2016, the results of operations and cash flows for the three-month periods
ended March 31, 2017 and 2016.  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 deposit has been mined.  Production is approximately 1,500,000
ounces of gold.

There are over thirty 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
taken 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, development and production. 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

Assets

For the three-month period ending March 31, 2017, compared to December 31,
2016, cash increased by $32,053 (461%) due to payments on accounts receivable.


Accounts Receivable decreased by $37,452 (36%) as customers paid their bills.

Inventory decreased by $179,103 (18%) due to sales of existing inventory and
no gold production in the quarter ended March 31,2017.

Liabilities

For the three-month period ending March 31, 2017, compared to December 31,
2016, notes due related parties increased by $30,929 (18%) due to the return of
some material that had been used to pay down a loan.



STATEMENT OF OPERATIONS

Revenues

Gold revenues for the three-month period ending March 31, 2017 decreased by
$369,995 (118%) compared with the same period in 2016 due to increased sales
in the first quarter of 2016 as well as some gold production in 2016 compared
to no production in the first quarter of 2017. Additionally, some material sold
in a previous period was returned, negatively impacting sales in the quarter
ended March 31, 2017.

Gold and Jewelry Sales is reflected as a negative number for the current period
due to the unique nature of gold mining. GAAP for mines permits the recognition
of revenue at the time the gold is pulled from the ground and put into
inventory. Cost of goods sold (COGS) is based on averaged historical gold
prices. Currently the Company's COGS exceeds revenue when gold is sold at spot
price.

The majority of the Company's gold sales exceed spot price because of the
value added for specimen and gemstone material. However, in the first quarter
of 2017 most of the gold sold was in the form of dore shipped to the refinery
and sold at spot price.

Expenses

For the three-month period ended March 31, 2017 compared to the same period in
2016 total operating expenses decreased by $56,756 (25%) primarily due to a
smaller crew in 2017 compared to 2016.

For the three-month period ended March 31, 2017 compared to the same period in
2016 the company showed a loss of $205,650 compared to a profit of $97,674.
The $303,324 difference is primarily due to the lower income figure as
explained above. Management directed the crew to renovate the 49 winze, the
main travelway to all levels below the 800 level.  Therefore, no gold production
was expected.


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

The US Ninth Circuit Court of Appeals (San Francisco) accepted the Company's
request to review illegal citations issued by the Mine Safety Health
Administration.


SUBSEQUENT EVENTS

None

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 March
31, 2016.

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: July 17, 2017