<PAGE>

                        SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549

                                    FORM 10-K

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

[X]     ANNUAL  REPORT  PURSUANT  TO  SECTION  13  OR  15  (d) OF THE SECURITIES
EXCHANGE  ACT  OF  1934  for  the  fiscal  year  ended  March  31,  2000

[   ]     TRANSITION  REPORT  PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE  ACT  OF  1934  (NO  FEE  REQUIRED)  For  the  transition  period  from
__________  to  ___________

Commission  File  No.  001-03317
                       ---------

                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                    -----------------------------------------
             (Exact name of registrant as specified in its charter)

                   IDAHO                                    82-0144710
     ----------------------------------     ------------------------------------
     (State  or  other  jurisdiction of     (IRS Employer Identification Number)
     incorporation  or  organization)

     421  Coeur  D'alene  Ave - Suite 3, Coeur D Alene,  Idaho        83814
     ---------------------------------------------------------     ----------
      (Address  of  principal  executive  offices)                 (Zip  Code)

       Registrant's telephone number, including area code:  (208) 664-3544
                                                            --------------

Securities registered pursuant to Section 12(b) of the Act:

                                                 Name of each exchange
     Title  of  each  class                      on  which  registered
     ----------------------                      ---------------------

     Common capital stock, 5 cent par value                *

*  Shares  were  formerly  listed on the Spokane Stock Exchange which closed May
24,  1991.

           Securities registered pursuant to Section 12(g) of the Act:

                                      NONE
                                      ----
                                (Title of Class)

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  ( )     No     (X)




<PAGE>

The  aggregate market value based on the bid price of the shares of Common Stock
held  by  non-affiliates  of  the  registrant at June 28, 2000 was approximately
$19,000.  For  purposes  of  this  computation,  all officers, directors and 10%
shareholders  of the registrant are deemed to be affiliates.  Such determination
should  not  be  deemed  an  admission  that  such  officers, directors, and 10%
shareholders  are  affiliates.

Indicate  the number of shares outstanding of the registrant's classes of Common
Stock,  as  of  the  latest  practicable  date.

     Title  of  Each  Class  of  Common  Stock     Number  of Shares Outstanding
     -----------------------------------------     -----------------------------

     Common  Stock  five  cent  par  value                  3,078,049















































<PAGE>

                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                                    FORM 10-K
                                 March 31, 2000


                                TABLE OF CONTENTS

                                                                            PAGE
                                                                            ----

                                     PART I
                                     ------

Item  1.  Business                                                           3

Item  2.  Properties                                                         3

Item  3.  Legal  Proceedings                                                 3

Item  4.  Submission  of  Matters  to  a  Vote  of  Security  Members        3


                                     PART II
                                     -------

Item  5.  Market for Registrant's Common Equity and Related
          Stockholder Matters                                                4

Item  6.  Selected  Financial  Data                                          5

Item  7.  Management's Discussion and Analysis of Financial Condition
          and Results  of  Operations                                        5

Item  8.  Financial  Statements  and  Supplementary  Data                    6

Item  9.  Disagreements  on  Accounting  and  Financial  Disclosure          6

                                    PART III
                                    --------

Item  10.  Directors  and  Executive  Officers  of  the  Registrant        7-8

Item  11.  Executive  Compensation                                           8

Item 12.  Security Ownership of Certain Beneficial Owners and Management   8-9

Item  13.  Certain  Relationships  and  Related  Transactions                9


                                     PART IV
                                     -------

Item  14.  Exhibits, Financial Statement Schedules, and
           Reports on Form 8-K                                           10-18

Signature  Page                                                             19





<PAGE>
                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                        FORM 10-K - PARTS I, II, III & IV
                                 March 31, 2000


                                     PART I


ITEM  1  -  BUSINESS
--------------------

     (a)     General  Developments  of  Business:

The  Registrant  was incorporated under the laws of the state of Idaho on August
4,  1932  and  is  a  mining company in the exploration stage.  It is engaged in
exploring  for  non-ferrous  and  precious  metals, principally silver, lead and
zinc.  The  mining  properties of the registrant are located in Shoshone County,
Idaho.  For  further  description  of  the Registrant's properties see ITEM 2 of
this  report.  If  any  ores  should  be  developed and produced, these would be
milled  and  the concentrates sold to metal smelters at prices determined by the
metals  on  the  open  market.


ITEM  2  -  PROPERTIES
----------------------

     (a)     The  Registrant  has  the  following  properties:

The  Registrant  is the owner of an undivided one-third interest in the "Mineral
Mountain  Area"  situated  near  Osburn,  Idaho  consisting of the four original
Mineral  Mountain  Patented lode mining claims and those portions of six Chester
and  three Polaris claims which lie northerly from a warped plane lying parallel
and  300  feet  northerly  from  the  center  of  the  Chester  Vein.

The  property  of  the Registrant lies between the main workings of the Sunshine
Mine  on  the  west,  and the Consolidated Silver property on the east.  Both of
these  properties  are  owned  by  Sunshine  Mining  Company.

ITEM  3  -  LEGAL  PROCEEDINGS
------------------------------

The  Registrant has no legal actions pending against it and it is not a party to
any  suits  in any court of law, nor are the directors aware of any claims which
could  give  rise  to  litigation.  No  director,  officer,  or affiliate of the
registrant  or  owner  of  5%  or  more  of  the Registrant's securities, or any
associate  is  an  adverse  party  to  the  registrant.

There  are  no  letters of inquiry, or proceedings by the Federal Government, or
any  State  agency  directed  toward  the  Registrant.

The  Registrant is not involved in any civil rights negotiations or proceedings.


ITEM  4  -  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS
-----------------------------------------------------------------------

     No  matters were submitted to a vote of the security holders in 1999 or the
first  quarter  of  2000.




<PAGE>
                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                        FORM 10-K - PARTS I, II, III & IV
                                 March 31, 2000


                                     PART II


ITEM  5  -  MARKET  FOR  THE REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDERS
--------------------------------------------------------------------------------
MATTERS
-------

     (a)     Market  information:

The  Registrant's  stock  was  formerly  traded  on  the Spokane Stock Exchange,
Spokane,  Washington  which closed on May 24, 1991.  Quotation for the Company's
shares  are  now  reported  by  the  Spokane  Quotation  Bureau.

The  bid  prices for the Registrant's stock for the period ending March 31, 2000
are  as  follows:

                    High      Low
                    ----      ---

1998
----

First  Quarter      .04     .02
Second  Quarter     .04     .02
Third  Quarter      .04     .02
Fourth  Quarter     .05     .02

1999
----

First  Quarter      .05     .03
Second  Quarter     .02     .02
Third  Quarter      .02     .02
Fourth  Quarter     .02     .02

2000
----

First  Quarter      .02     .02



     (b)     Approximate  Number  of  Equity  Security  Holders:

     Title  of  Class                 Number  of  Record  Holders
     ----------------------------     ------------------------------------------

     Common  Assessable  Capital     Approximately  1,449  as  of March 31, 2000
     Stock, par value five cents
     ($.05) per share






<PAGE>
                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                        FORM 10-K - PARTS I, II, III & IV
                                 March 31, 2000


                                     PART II


ITEM  6  -  SELECTED  FINANCIAL  DATA
-------------------------------------

The  following  data  should be read in conjunction with the Company's financial
statements  and  the  notes  thereto:


     Year  Ended     Year Ended  Year Ended   Year Ended  Year Ended  Year Ended
                      3-31-2000  3-31-99      3-31-98     3-31-97     3-31-96
                      ---------  ----------   ----------  ----------  ----------

Operating  Revenue    $     901  $     928    $   1,192   $     729   $     815

Net  Inocme  (Loss)   $  (1,578) $  (3,823)   $  (4,891)  $  (2,642)  $  (2,269)

Net Income (Loss)
 Per Share            $ (0.0005) $ (0.0012)   $ (0.0015)  $ (0.0009)  $ (0.0080)
Total  Assets         $  67,972  $  69,652    $  72,496   $  71,704   $  73,839
Working Capital       $  12,604  $  14,182    $  18,005   $  13,367   $  16,009


ITEM 7 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
--------------------------------------------------------------------------------
OF  OPERATIONS
--------------

     (a)     Full  fiscal  year:

The  Registrant  is  an exploration stage mining company and does not at present
have any operating income.  The company does not anticipate any material changes
in  its  financial  position  in  the  immediate  future.

          (1)     Liquidity:

As  the  Registrant has limited operations, the only funds required at this time
are  for  corporate  administrative  costs.  The  annual  net  cash needs of the
Registrant  are  approximately $3,000.  These funds can be made available in the
future by the Registrant issuing stock on a private-placement basis or borrowing
from  the  officers  and  directors  after  present cash resources are depleted.

          (2)     Capital  Resources:

At  the  present  time  the Registrant does not have any commitments for capital
expenditures.  Any  capital expenditures would be very small, and would probably
be  financed  by  loans  from  the  officers  and  directors.

          (3)     Results  of  Operations:

               The  patented  claims  are  being  maintained  and  the financial
records  are  updated  quarterly.




<PAGE>
                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                        FORM 10-K - PARTS I, II, III & IV
                                 March 31, 2000

                                     PART II

ITEM  8  -  FINANCIAL  STATEMENTS  AND  SUPPLEMENTARY  DATA
-----------------------------------------------------------

     See  Item  14  Index


ITEM  9  -  CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS ON ACCOUNTING AND
--------------------------------------------------------------------------------
FINANCIAL  DISCLOSURE
---------------------

     There  were  no  disputes  or disagreements with or changes of accountants.

                                    PART III

ITEM  10  -  DIRECTORS  AND  EXECUTIVE  OFFICERS  OF  THE  REGISTRANT
---------------------------------------------------------------------

     (a)     Identification  of  Directors:

Name                      Age
---------------------     ---

Earl  T.  Siler            85
Donald  L.  Hess           71
Forrest  Godde
Richard  L.  Schwary       72
Josef  Suveg               72

The  Directors  serve  until the next meeting of the shareholders or until their
successors  are  elected  and  qualified.

Earl  Siler  served  as  a  director  since                1993
Donald  L.  Hess  has  served  as  a  director  since      1993
Forrest  Godde  has  served  as  a  director  since        1993
Richard  L.  Schwary  has  served  as  a  director since   1985
Josef  Suveg  has  served  as  a  director  since          1993

There are no arrangements or understandings between any of the directors and any
other  persons pursuant to which any director is to be selected as a director or
nominee.

     (b)     Identification  of  Executive  Officers:

Name               Age     Title
--------------     ---     ---------------------------------------------------

Earl  T.  Siler     85     President  and  Chief  Executive  Officer

Donald  L.  Hess    71     Secretary/Treasurer and Principal Financial Officer


The  officers serve in the positions indicated after their names for a period of
one  year  or  until  a  successor  is  elected  and  qualified.


<PAGE>
                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                        FORM 10-K - PARTS I, II, III & IV
                                 March 31, 2000

                                    PART III

ITEM  10  -  DIRECTORS  AND  EXECUTIVE  OFFICERS  OF  THE REGISTRANT (continued)
--------------------------------------------------------------------

     (I)     Background.

          Earl  T.  Siler,  85,  is  the  President  of  the Registrant and is a
Director.  He  is  a retired Mining Equipment Dealer and has served on the Board
of  Directors  for  several  mining  companies  over  the  past  25  years.

          Donald  L.  Hess, 71, is the Secretary-Treasurer of the Registrant and
is  a  Director.  He  is  a  Certified  Public  Accountant with over 40 years of
experience  in  public  accounting.


     (II)     Directorships.

Earl  T. Siler is the President and Director of the Registrant.  He is a retired
Mining  Equipment  Dealer  and  has served on the Board of Directors for several
mining  companies  over  the  past  25  years.

Donald L. Hess is the Secretary-Treasurer and Director of the Registrant.  He is
a  Certified  Public  Accountant  with  over  40  years  of experience in public
accounting.

Forrest Godde is a businessman and Director of Mineral Mountain Mining & Milling
Company.

Josef Suveg is a retired mining engineer and Director of Mineral Mountain Mining
&  Milling  Company.

Richard L. Schwary is a Director of Mineral Mountain Mining and Milling Company.

ITEM  11  -  EXECUTIVE  COMPENSATION
------------------------------------

     (a)     (1)     All  executive  officers

               Total  annual  compensation received by all executive officers is
$600  per  year.

ITEM  12  -  SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS AND MANAGEMENT
--------------------------------------------------------------------------------

     (a)     Security  ownership  of  certain  beneficial  owners.

                                            Amount &
                                            Nature of
     Title of     Name  of                  Beneficial         Percent of
     Class        Beneficial  Owner         Ownership          Class
     --------     ---------------------     --------------     ---------
     Common       Borjessan  Family         Direct               12.07%
     Shares                                 371,458 shares

     Common        Cede  &  Co              On  Deposit           9.52%
     Shares                                 for  brokers
                                            292,979 shares
<PAGE>
                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                        FORM 10-K - PARTS I, II, III & IV
                                 March 31, 2000


                                    PART III


ITEM  12  -  SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS AND MANAGEMENT
--------------------------------------------------------------------------------
(continued)
-------

     (b)     Security  ownership  of  management.

                                            Amount &
                                            Nature of
     Title of     Name  of                  Beneficial         Percent of
     Class        Beneficial  Owner         Ownership          Class
     --------     ---------------------     --------------     ---------

     Common        Earl  T.  Siler                 91,000         2.96%
     Shares                                        Direct

     Common        Donald  L.  Hess               326,713        10.61%
     Shares                                        Direct

     Common        Forrest  Godde                  40,000         1.30%
     Shares                                        Direct

     Common        Josef  Suveg                    31,000         1.00%
     Shares                                        Direct

     Common        Richard  Schwary                44,200         1.44%
     Shares                                        Direct

                   Total of all
                   Officers and                   532,913
                   Directors:        of Record & Beneficially    17.31%


ITEM  13  -  CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS
---------------------------------------------------------------

     (a)     Transactions  with  Management  and  Others.

          There  have  been no transactions of the type set forth in Item 404(a)
of  Regulation  S-X.

     (b)     Certain  Business  Relationships.

Donald  L.  Hess,  Secretary of the Company,  maintains the financial records of
the  Registrant.  He is also the owner of the Idaho Stock Transfer Company which
acts  as  transfer  agent  and  registrar of the Registrant's outstanding stock.








<PAGE>
                    MINERAL MOUNTAIN MINING & MILLING COMPANY
                        FORM 10-K - PARTS I, II, III & IV
                                 March 31, 2000


                                     PART IV


ITEM  14  -  EXHIBITS,  FINANCIAL  STATEMENTS  SCHEDULES AND REPORTS ON FORM 8-K
--------------------------------------------------------------------------------

     (a)     Financial  Statements.

          Statement  of  Financial  Position,
           March  31,  2000,  1999  and  1998                          11

          Statement  of  Operations  for  the  years  ended
           March  31,  2000,  1999  and  1998                          12

          Statement  of  Stockholders'  Equity  from
           August  4,  1932  to  March  31,  1993  and  for
           the  years ended March 31, 1994 through March 31, 2000      13

          Statement  of  Cash  Flows  for  the  years  ended
           March  31,  2000,  1999  and  1998                          14

          Notes  to  Financial  Statements,
           March  31,  2000,  1999  and  1998                       15-18


The  Company's  financial  statements  are  unaudited  in  reliance upon Section
210.3-11  of  Regulations S-X adopted by the Securities and Exchange Commission.

     (b)     Reports  on  Form  8-K.

No  reports  were filed by the Registrant on Form 8-K during the last quarter of
1999  or  the  first  quarter  of  2000.

























<PAGE>
MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(An  Exploratory  Stage  Mining  Company)
Statement  of  Financial  Position,  March  31,  2000,  1999  and  1998
(UNAUDITED)




<TABLE>
                                 Notes         2000           1999            1998
                                 ------     ------------  ------------  ------------
<S>                                         <C>           <C>           <C>
               ASSETS

CURRENT  ASSETS
     Cash  in  bank                          $      672     $     733   $     1,458
     Certificate  of  deposit                    13,000        15,111        15,230
     Receivables  and  prepaids                     492                       2,000
                                            ------------  ------------  ------------

          TOTAL  CURRENT  ASSETS                 14,164        15,844        18,688
                                            ------------  ------------  ------------

PROPERTY
     Mining  Property    (Notes 2 & 3)           53,808        53,808        53,808
                                            ------------  ------------  ------------

           TOTAL  ASSETS                    $    67,972   $    69,652   $    72,496
                                            ============  ============  ============

               LIABILITIES  AND  SHAREHOLDERS'  EQUITY

CURRENT  LIABILITIES
     Accounts payable to Officers
       and Directors                        $     1,560   $     1,662   $       683
                                            ------------  ------------  ------------

          TOTAL  CURRENT  LIABILITIES             1,560         1,662           683
                                            ------------  ------------  ------------

SHAREHOLDERS'  EQUITY
   Capital Stock, non-assessable,
     par value five cents per share,
     authorized  10,000,000  shares,
     issued  3,078,049 shares     (Note 4)      153,902        153,902      153,902
   Paid-in  surplus                             339,978        339,978      339,978
   (Deficit) accumulated during the
      exploration  stage                       (427,468)      (425,890)    (422,067)
                                            ------------  ------------  ------------
          SHAREHOLDERS  EQUITY                   66,412        67,990        71,813
                                            ------------  ------------  ------------

       TOTAL  LIABILITIES  AND
          SHAREHOLDERS'  EQUITY             $    67,972   $    69,652   $    72,496
                                            ============  ============  ============
</TABLE>

                    PREPARED FROM THE RECORDS WITHOUT AUDIT.

    The accompanying notes to financial statements are an integral part of this
                              financial statement.

<PAGE>
MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(An  Exploratory  Stage  Mining  Company)
Statement  of  Operations  for  the  years  ended  March 31, 2000, 1999 and 1998
(UNAUDITED)
<TABLE>
                                                                      08/04/32 to
                        Notes        2000        1999       1998      03/31/2000
                       ------     ----------  ----------  ----------  -----------
<S>                               <C>         <C>         <C>         <C>

INCOME
     Sale  of  timber                                                 $   22,155
     Interest  income             $     901   $     928   $  1,192         4,864
                                  ----------  ----------  ----------  -----------

          TOTAL  INCOME                 901         928      1,192        27,019
                                  ----------  ----------  ----------  -----------

EXPENSES
     Officers  and  Directors
       fees and expenses (Note 4)       600         600      4,029       119,272
     Professional  fees                 913       2,802        898        30,548
     SEC  &  stock  exchange  fees      166         132                    6,398
     Office  supplies  &  expenses       38         481        445        11,115
     Property  &  other  taxes           36          36         36         1,442
     Transfer  Agency  fees             426         400        375         2,601
     Spokane  Quotation  Bureau         300         300        300         1,650
     Engineering  &  property  costs                                       9,426
     Net  general  &  administrative
      expenses  August  4,  1932
      through  March  31,  1962                                           92,402
                                  ----------  ----------  ----------  -----------

          TOTAL  EXPENSES             2,479       4,751       6,083      274,854
                                  ----------  ----------  ----------  -----------

(LOSS)  BEFORE  OTHER
  INCOME AND EXPENSES                (1,578)     (3,823)     (4,891)    (247,835)

Total capitalized exploration
  costs  Written-off                                                    (196,997)
Prior  year  debt  adjustment                                             17,364
                                  ----------  ----------  ----------  -----------

NET  (LOSS) BEFORE TAXES            (1,578)     (3,823)     (4,891)    (427,468)

INCOME  TAXES     (Note  5)               0           0           0            0
                                  ----------  ----------  ----------  -----------

NET  (LOSS)                       $  (1,578)  $  (3,823)  $  (4,891)  $ (427,468)
                                  ==========  ==========  ==========  ===========
PER SHARE                         $ (0.0005)  $ (0.0012)  $ (0.0015)  $  (0.1389)
                                  ==========  ==========  ==========  ===========

</TABLE>



                    PREPARED FROM THE RECORDS WITHOUT AUDIT.
    The accompanying notes to financial statements are an integral part of this
                              financial statement.

<PAGE>
MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(An  Exploratory  Stage  Mining  Company)
Statement  of  Stockholders'  Equity  from  August  4,  1932  to March 31, 1993,
And  for  the  years  ended  March  31,  1994  through  March  31,  2000
(UNAUDITED)
<TABLE>
              Number                                Accumu-      Cost of
              of Shares     Par         Paid-In     lated        Treasury
              Issued        Value       Surplus     (Deficit)    Stock        Total
              ------------  -----------  ----------  -----------  -----------  ----------
<S>            <C>           <C>          <C>         <C>          <C>          <C>
From 08-04-32
 to 3-31-93      2,531,649  $  126,582   $ 341,967   $ (240,822)  $   (2,355)  $ 225,372
March 31, 1994
  Net  Loss                                            (184,234)                (184,234)
  Stock
    Issuances      180,000                                             9,000       9,000
              ------------  -----------  ----------  -----------  -----------  ----------
BALANCES
  03-31-94       2,711,649     135,582     341,967     (425,056)      (2,355)     50,138

March 31, 1995
  Net Income                                             12,791                   12,791
  Stock
   Issuances        175,820     8,791                                              8,791
  Treasury
   Stock Issued                             (1,989)                    2,355         366
              ------------  -----------  ----------  -----------  -----------  ----------
BALANCES
  03-31-95       2,887,469     144,373     339,978     (412,265)           0      72,086
March 31, 1996
     Net  Loss                                           (2,269)                  (2,269)
              ------------  -----------  ----------  -----------  -----------  ----------
BALANCES
  03-31-96       2,887,469     144,373     339,978     (414,534)           0      69,817
March 31, 1997
  Net  Loss                                              (2,642)                  (2,642)
              ------------  -----------  ----------  -----------  -----------  ----------
BALANCES
  03-31-97       2,887,469     144,373     339,978     (417,176)           0      67,175
March 31, 1998
  Stock Issuances
   for services    190,280       9,529                                             9,529
  Net  Loss                                              (4,891)                  (4,891)
              ------------  -----------  ----------  -----------  -----------  ----------
BALANCES
  03-31-98       3,078,049     153,902     339,978     (422,067)           0      71,813
March 31, 1999
     Net Loss                                            (3,823)                  (3,823)
              ------------  -----------  ----------  -----------  -----------  ----------
BALANCES
  03-31-99       3,078,049     153,902      339,978    (425,890)           0      67,990
March 31, 2000
Net  Loss                                                (1,578)                  (1,578)
              ------------  -----------  ----------  -----------  -----------  ----------
BALANCES
  3-31-2000      3,078,049  $  153,902   $ 339,978   $ (427,468)  $        0   $  66,412
              ============  ===========  ==========  ===========  ===========  ==========
</TABLE>
                    PREPARED FROM THE RECORDS WITHOUT AUDIT.
    The accompanying notes to financial statements are an integral part of this
                              financial statement.
<PAGE>
MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(An  Exploratory  Stage  Mining  Company)
Statement  of  Cash  Flows  for  the  years  ended March 31, 2000, 1999 and 1998
(UNAUDITED)

<TABLE>
                                                2000           1999            1998
                                            ------------  ------------  ------------
<S>                                         <C>           <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES:

 Net  (Loss)                                $    (1,578)  $    (3,823)   $   (4,891)
Adjustments to reconcile to net cash
  provided  or  (used):
  Increase(decrease) receivables & prepaids        (492)        2,000         2,000
  Increase (decrease) to payables                  (102)          979        (3,846)
                                            ------------  ------------  ------------

               NET CHANGE FROM OPERATIONS        (2,172)         (844)       (6,737)
                                            ------------  ------------  ------------

CASH  FLOWS  FROM  INVESTING  ACTIVITIES:
Shares  issued  in  payment  of
   Services  - 110,580 shares                                                 5,529
               FYE  3-31-98
                                            ------------  ------------  ------------

NET  INCREASE  (DECREASE)  TO  CASH              (2,172)         (844)       (1,208)

CASH  BEGINNING  OF  PERIOD                      15,844        16,688        17,896
                                            ------------  ------------  ------------

CASH  END  OF  PERIOD                       $    13,672   $    15,844   $    16,688
                                            ============  ============  ============

NON-CASH  TRANSACTIONS                            NONE          NONE          NONE
                                            ============  ============  ============

INTEREST  AND  INCOME  TAXES  PAID                NONE          NONE          NONE
                                            ============  ============  ============
</TABLE>
















                    PREPARED FROM THE RECORDS WITHOUT AUDIT.

    The accompanying notes to financial statements are an integral part of this
                              financial statement.

<PAGE>
MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(An  Exploratory  Stage  Mining  Company)
Notes  to  Financial  Statements,  March  31,  2000,  1999  and  1998
(UNAUDITED)




NOTE  1  -   COMPANY  BUSINESS

               The Company was incorporated under the laws of the state of Idaho
on  August  4,  1932, and has been in the exploratory stage since its inception.
It  is  engaged  in  the business of mining and is exploring for non-ferrous and
precious  metals,  primarily silver, lead and zinc.  The property of the Company
is situated in the Coeur d'Alene Mining District of Shoshone County, Idaho.  The
Company  has  no  commercial  production  operations.


NOTE  2  -     ACCOUNTING  POLICIES

Use  of  Estimates  in  the  Preparation of Financial Statements:

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

               The  significant  accounting  principles  and  practices  of  the
Company  are  as  follows:

          a.     The  financial  statements are prepared on the accrual basis of
accounting.

          b.     In  accord  with  Statement  No.  7  of the Financial Standards
Board,  regarding  development  stage  companies  (which classification includes
exploration  stage  mining  companies),  the  Company  charges  costs related to
exploration  to  operations  with the exception of those which in the opinion of
management  have  a  continuing  value.  All  previously capitalized exploration
costs  were  written  off  during  the  year  ended  March  31,  1994.

          c.     The  Company  is  unable  to  present  cumulative statements of
shareholders'  equity  and  cash  flows  from  inception  of  exploration  stage
activities  due  to  incomplete  prior year accounting records.  Presentation of
cumulative statements is required by Statement of Financial Accounting Standards
No.  7  of  the  Financial  Accounting  Standards  Board.

          d.     The  Company  considers  cash  equivalents  to be highly liquid
investments  with  an  original  maturity  of  three  months  or  less.

          e.     No  current   provision  has  been   made  for   depletion   or
depreciation charges since the Company is in the exploratory stage.  If and when
a  productive stage is reached, the cost of the claims would be charged off over
the  estimated  life  of  the  mine  as  ore  is  extracted.

          f.     The  deficit  accumulated  during  the exploratory stage in the
amount  of  $196,997  had  been capitalized for income tax purposes to March 31,
1993.  As  no  known  ore bodies or productive vein systems had been discovered,
these  costs  were  written  off  for  tax  purposes  on  March  31,  1994.


<PAGE>
MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(An  Exploratory  Stage  Mining  Company)
Notes  to  Financial  Statements,  March  31,  2000,  1999  and  1998
(UNAUDITED)

NOTE  2  -     ACCOUNTING  POLICIES  (continued)

          g.     The  Company  has  a  recorded  cost  of  $53,808 in its mining
property  which  comprises  79% of total assets at March 31, 2000.  The ultimate
realization of the Company's carrying cost in these assets is dependent upon the
discovery  and  the ability of the Company to finance successful exploration and
development  of  commercial  ore  deposits,  if any, in the mining properties in
sufficient  quantity  for  the  Company to recover its recorded costs or to sell
such  items  in  excess  of  its carrying cost.  The ultimate realization of the
Company's  carrying  costs  in  the mineral properties at March 31, 2000, cannot
presently  be  determined.  No  provision  for any possible revaluation of these
assets  has  been  made  in the financial statements other than the write off of
previously  capitalized  exploration  costs  at  March  31,  1994.

          h.     Earnings  per  share are computed using the weighted average of
shares  outstanding.

          i.     In  March 1995, the Financial Accounting Standards Board issued
Statement  of  Financial  Accounting  Standards  No.  121,  "Accounting  for the
Impairment  of  Long-Lived  Assets  and for Long-Lived Assets to Be Disposed Of"
(SFAS  121).  SFAS 121 became effective for the fiscal year beginning January 1,
1996.  This  new  standard  requires  measurement  of  impairment  of long-lived
assets,  certain  identifiable  intangibles  and goodwill and requires that if a
long-lived  asset  is impaired (based on the fair value of the asset (which may,
in  some  cases,  be  based on an estimate of expected future cash flows using a
discount  rate).  The  Company  did  not  record  any  adjustment as a result of
adopting  this  standard.

          j.     Deferred  income  tax  procedures.  See  Note  5.

NOTE  3  -     MINING  PROPERTY  AND  AGREEMENTS

               The  Company's  mining  property consists of four patented mining
claims which were acquired by the issuance of 1,100,000 shares of common capital
stock.  Prior  to  1946,  the  Company performed a limited amount of exploration
work  on  its  claims  over a number of years.  An agreement was entered into on
October  16,  1946 between Polaris Mining Company (now Hecla Mining Company) and
Chester  Mining  Company  providing  for  exploration  and development work on a
unitized  area  consisting of the four Mineral Mountain claims plus specifically
defined  portions  of  six  Chester  and  three  Polaris claims.  Polaris was to
perform  the  exploration work which was to be paid by Mineral Mountain.  If the
venture  was  successful,  ores  mined from the Mineral Mountain Area were to be
divided on a basis of one-third each after 2/3 of all exploratory costs advanced
by  Mineral  Mountain  had  been reimbursed from net smelter returns.  The costs
paid  out  by  Mineral Mountain     were included in the capitalized exploratory
costs  previously shown on the balance sheet.  All capitalized exploration costs
were written off on March 31, 1994.  Work under the 1946 agreement was completed
in  the  year  1948  without  discovery  of  commercial  ore.

               Another agreement on the "Mineral Mountain Area" was entered into
on  July  24,  1957.  The  1957  agreement  refers  to  termination  of the 1946
agreement  and  that  Polaris  (Hecla  Mining  Company),





<PAGE>
MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(An  Exploratory  Stage  Mining  Company)
Notes  to  Financial  Statements,  March  31,  2000,  1999  and  1998
(UNAUDITED)

NOTE  3  -  MINING  PROPERTY  AND  AGREEMENTS  (continued)

               Chester  Mining  Company  and Mineral Mountain Mining and Milling
Company,  each owned an undivided one third interest in any commercial ore which
may  be  found  in  the  area.  The  1957  agreement also provided  that Mineral
Mountain  would  not  be  reimbursed  for  2/3  of  the exploration costs it had
expended  on  the  unitized  property  under  the  1946  agreement.

               The  1957  agreement further provided that Polaris (Hecla) was to
perform exploratory work on the unitized area.  Polaris (Hecla) reported that it
had  expended  $102,067  under the 1957 agreement and that work was suspended in
July 1958.  The percentage interests set out in the 1957 agreement were Polaris,
50%, and Mineral Mountain and Chester, 25% each. Hecla Mining Company deeded all
their  interest  in the Mineral Mountain Area to Sunshine Mining Company on June
26,  1984.

NOTE  4  -     CAPITALIZATION

               Mineral  Mountain  was originally incorporated on August 4, 1932,
with  an  authorized  capital of 2,000,000 shares of common capital stock with a
par value of 5 cents per share.  On March 31, 1952, the shareholders amended the
authorized  capital  to 3,000,000 shares of 5 cents par value capital stock.  On
August  21,  1984, the shareholders amended the authorized capital to 10,000,000
shares  of  5  cent  par  value  capital  stock.

               A  summary  of  Mineral Mountain shares issued since inception to
March  31,  2000  is  as  follows  (Note:  the  respective  Boards  of Directors
determined the basis of each consideration of capital stock issuance in non-cash
transactions):

                                            03-31-2000
                                           ------------

              Cash                           1,077,700
              Services                         597,729
              Property                       1,100,000
              Payment of liabilities           302,620
                                          -------------

                     TOTAL  OUTSTANDING      3,078,049
                                          =============

               A summary of items making up the paid-in surplus account at March
31,  2000  is  as  follows:

              Premium  on  shares          $    452,662
              Discount  on  shares              (39,472)
              Reacquired shares - discount      (15,423)
              Commission  &  other              (57,789)
                                           -------------

                      TOTAL                $    339,978
                                           =============




<PAGE>
MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(An  Exploratory  Stage  Mining  Company)
Notes  to  Financial  Statements,  March  31,  2000,  1999  and  1998
(UNAUDITED)


NOTE  4  -     CAPITALIZATION  (continued)

     During the year ended March 31, 1998, a total of 190,580 shares were issued
for  services  rendered  or  in  the  payment  of  accounts payable for services
rendered  in  prior  years.


NOTE  5  -     INCOME  TAXES

               The corporation has a net operating loss carryover for income tax
purposes  of  $204,010  which  expires  as  follows:

                              03-31-09     $   188,807
                              03-31-11           2,269
                              03-31-12           2,642
                              03-31-13           4,891
                              03-31-19           3,823
                              03-31-20           1,578

               In  March  1992,  the Financial Accounting Standards Board issued
Statement  109 on accounting for income taxes.  Statement 109 changed the method
companies  use  to account for income taxes from the deferred method to an asset
and  liability  method.  At  March  31,  2000,  1999  and  1998,  deferred  tax
differences  primarily  relate to capitalization of exploration costs for income
tax  purposes.

          At  March  31, 2000, 1999 and 1998, deferred tax differences primarily
relate  to  the  use  of various tax return Schedule M-1 items like the use of a
different  accounting method for prior year administrative costs which have been
written  off  for  book  purposes  but capitalized for income tax purposes.  The
Company's  deferred  tax  liabilities are completely offset by its net operating
loss carryovers.  As there is no certainty as to the utilization of these items,
the benefit attributable thereto would be fully offset by a valuation allowance.























<PAGE>


                                   SIGNATURES
                                   ----------

Pursuant  to  the  requirements of Section 13, 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.


MINERAL  MOUNTAIN  MINING  &  MILLING  COMPANY
(REGISTRANT)


/S/DONALD  L  HESS                             /S/EARL  T  SILER
------------------                             -----------------
Donald  L.  Hess                               Earl  T.  Siler
Secretary  -  Treasurer  and                   President,  Chief
Administrative
Principal  Financial  Officer                  Officer  and  Director

Date:     June  23,  2000                      Date:     June  23,  2000

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has  been  signed below by the following persons on behalf of the registrant and
in  the  capacities  and  as  of  the  date  indicated.


Date:     June  23,  2000                      /S/EARL  T  SILER
                                               -----------------
                                               Earl  T.  Siler
                                               President,  Director  and
                                               Principal  Executive  Officer


Date:     June  23,  2000                      /S/DONALD  L  HESS
                                               ------------------
                                               Donald  L.  Hess
                                               Secretary - Treasurer, Director
                                               & Principal Financial Officer


Date:     June  23,  2000                       /S/FORREST  GODDE
                                                -----------------
                                                Forrest  Godde
                                                Director


Date:     June  23,  2000                       /S/JOSEF  SUVEG
                                                ---------------
                                                Josef  Suveg
                                                Director


Date:     June  23,  2000                       /S/RICHARD  L  SCHWARY
                                                ----------------------
                                                Richard  L.  Schwary
                                                Director