UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549 

                           FORM 10-Q/A

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

For Quarter Ended:  March 31 1996   Commission File Number:        33-16653-A 

                         GOLDEN ORE, INC.
     (Exact name of registrant as specified in its charter) 

       DELAWARE                                 62-1320206
  (State or other jurisdiction                 (I.R.S. Employer
of incorporation or organization)             Identification No.)

             17 Hill Street, London, England W1X 7FB
       (Address of principal executive offices)  (Zip Code)

                       011-44-171-495-6669
       (Registrant's telephone number, including area code)

            640 Fifth Avenue, New York, New York 10019
       (Former name, former address and former fiscal year,
                  if changed since last report.)

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 preceeding 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.
                         [ X  ]Yes [  ]No

Indicate the number of shares outstanding of each of the issuer/s
    classes of common stock, as of the last practicable date:

                                        Number of Shares
Outstanding
Class                                        At March 31, 1996
Common Stock, Par Value                      25,357,143
$.0001
<PAGE>
                                                        EXHIBIT 27.1

This schedule contains summary financial information extracted from the
Financial Statements included in the Registration
Statement.
[LEGEND]
<TABLE>
<S>                                                                            
                <C>                                                            
              
<PERIOD TYPE>                      3-MOS
<FISCAL YEAR END>                                      DEC-31-1996
<PERIOD END>                                      MAR-31-1996
[CASH]                                            214038
[SECURITIES]                                           0
[RECEIVABLES]                                     29669
[ALLOWANCES]                                      0
[INVENTORY]                                            0
<CURRENT ASSETS>                                       243707
[PP&E]                                            1518438
DEPRECIATION>                                     0
<TOTAL ASSETS>                                    1762145
<CURRENT LIABILITIES>                                  67621
[BONDS]                                           0
[PREFERRED-MANDATORY]                                  0
[PREFERRED]                                            0
[COMMON]                                          2536
[OTHER-SE]                                             9485280
[TOTAL-LIABILITY-AND-EQUITY]                           1762145
[SALES]                                           700002
<TOTAL REVENUE>                                        700002
[CGS]                                                  118200
[TOTAL-COSTS]                                     118200
[OTHER-EXPENSES]                                       143727
[LOSS-PROVISION]                                       0
[INTEREST-EXPENSE]                                0
[INCOME-PRETAX]                                        438075
[INCOME-TAX]                                      0
[INCOME-CONTINUING]                               0
[DISCONTINUED]                                    0
[EXTRAORDINARY]                                        0
[CHANGES]                                         0
[NET-INCOME]                                      438075
[EPS-PRIMARY]                                     0.02
[EPS-DILUTED]                                     0.02
</TABLE>