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

                                   FORM 10-QSB


[xx] QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934 FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2004

                        Commission file Number: 000-49870
                                                ---------


                           BIG CAT MINING CORPORATION
        -----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)


                                     Nevada
          -------------------------------------------------------------
         (State or other jurisdiction of incorporation or organization)


                                   98-0205749
                     ---------------------------------------
                     (I.R.S. Employer Identification Number)


                                7928 Rowland Road
                        Edmonton, Alberta, T6A 3W1 Canada
                    ----------------------------------------
                    (Address of principal executive offices)


                                  (780)414-0763
                           ---------------------------
                           (Issuer's telephone number)


State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:    1,114,000 common shares
                                              as at January 31, 2004

Transitional Small Business Disclosure Format (check one):  Yes [ ]    No [ X ]

<PAGE>



                           BIG CAT MINING CORPORATION


                                      INDEX


                                                                            Page
                                                                            ----
PART 1. FINANCIAL INFORMATION

          Balance Sheet at January 31, 2004 (unaudited) ...................  F-2

          Statement of Operations for the period ended January 31, 2004 ...  F-3

          Statements of Cash Flows for the period ended January 31, 2004 ..  F-4

          Notes to Consolidated Financial Statements ......................  F-5

Item 2. Plan of Operations ................................................    6

Item 3. Controls and Procedures ...........................................   13

PART II. OTHER INFORMATION

          Item 1 Legal Proceedings ........................................   13

          Item 2 Changes in Securities ....................................   13

          Item 3 Defaults Upon Senior Securities ..........................   14

          Item 4 Submission of Matters to a Vote of Security Holders ......   14

          Item 5 Other Information ........................................   14

          Item 6 Exhibits and Reports on Form 8K ..........................   14

SIGNATURES ................................................................   14

<PAGE>

                           BIG CAT MINING CORPORATION
                         (An Exploration Stage Company)
                             Condensed Balance Sheet
                                January 31, 2004
                                   (Unaudited)

                                     Assets
Cash ............................................................     $  20,038
                                                                      =========


                       Liabilities and Shareholders' Equity
Liabilities:
    Accounts payable and accrued liabilities ....................     $     998
                                                                      ---------

                  Total liabilities .............................           998
                                                                      ---------

Shareholders' equity:
    Common stock ................................................           111
    Additional paid-in capital ..................................       121,714
    Accumulated deficit .........................................      (102,785)
                                                                      ---------

                  Total shareholders' equity ....................        19,040
                                                                      ---------

                                                                      $  20,038
                                                                      =========

            See accompanying notes to condensed financial statements

                                       F-2
<PAGE>

<TABLE>
                           BIG CAT MINING CORPORATION
                         (An Exploration Stage Company)
                       Condensed Statements of Operations
                                   (Unaudited)
<CAPTION>
                                                                                                           June 19, 1997
                                                   Three Months Ended              Nine Months Ended        (Inception)
                                                       January 31,                    January 31,             Through
                                                --------------------------    --------------------------    January 31,
                                                    2004           2003          2004           2003            2004
                                                -----------    -----------    -----------    -----------    -----------
<S>                                             <C>            <C>            <C>            <C>            <C>
Contributed services ........................   $      --      $       450    $      --      $     2,650    $     5,700
Contributed rent ............................          --              300           --              900          4,000
Filing and transfer agent fees ..............           474            668          2,932            668          4,155
Exploration costs ...........................          --             --             --            2,610          2,954
Stock-based compensation - organization costs          --             --             --             --               50
Office and miscellaneous ....................         1,900            463          8,742          3,122         12,811
Consulting fees, related party (Note 2) .....           823          2,063          5,149          4,844         12,172
Professional fees ...........................           669          8,250         19,079         22,489         60,943
                                                -----------    -----------    -----------    -----------    -----------

                 Loss before income taxes ...        (3,866)       (12,194)       (35,902)       (37,283)      (102,785)

                                                -----------    -----------    -----------    -----------    -----------

                 Net loss ...................   $    (3,866)   $   (12,194)   $   (35,902)   $   (37,283)   $  (102,785)
                                                ===========    ===========    ===========    ===========    ===========

Basic and diluted loss per share ............   $     (0.00)   $     (0.01)   $     (0.03)   $     (0.03)
                                                ===========    ===========    ===========    ===========

Weighted average common shares outstanding ..     1,114,000      1,114,000      1,114,000      1,114,000
                                                ===========    ===========    ===========    ===========
</TABLE>

            See accompanying notes to condensed financial statements

                                       F-3
<PAGE>

<TABLE>
                           BIG CAT MINING CORPORATION
                         (An Exploration Stage Company)
                       Condensed Statements of Cash Flows
                                   (Unaudited)
<CAPTION>

                                                                                      June 19, 1997
                                                                                       (inception)
                                                               Nine Months Ended         Through
                                                                  January 31,          January 31,
                                                              ----------------------
                                                                2004         2003         2004
                                                              ---------    ---------    ---------
<S>                                                           <C>          <C>          <C>
                           Net cash used in
                        operating activities ..............   $ (40,024)   $ (29,777)   $ (92,087)
                                                              ---------    ---------    ---------

Cash flows from financing activities:
    Expenses paid on behalf of the Company by related party        --           --            725
    Proceeds from the sale of common stock ................        --         32,300      111,400
                                                              ---------    ---------    ---------
                    Net cash provided by
                        financing activities ..............        --         32,300      112,125
                                                              ---------    ---------    ---------

                    Net change in cash and
                        cash equivalents ..................     (40,024)       2,523       20,038

Cash and cash equivalents:
    Beginning of period ...................................      60,062       72,878         --
                                                              ---------    ---------    ---------

    End of period .........................................   $  20,038    $  75,401    $  20,038
                                                              =========    =========    =========

Supplemental disclosure of cash flow information:
    Cash paid during the year for:
       Income taxes .......................................   $    --      $    --      $    --
                                                              =========    =========    =========
       Interest ...........................................   $    --      $    --      $    --
                                                              =========    =========    =========
</TABLE>


            See accompanying notes to condensed financial statements

                                       F-4
<PAGE>


                           BIG CAT MINING CORPORATION
                         (An Exploration Stage Company)
                     Notes to Condensed Financial Statements
                                   (Unaudited)


Note 1:  Basis of presentation

The interim financial statements presented herein have been prepared pursuant to
the rules and regulations of the Securities and Exchange Commission ("SEC").
Certain information and footnote disclosures normally included in financial
statements prepared in accordance with generally accepted accounting principles
have been condensed or omitted pursuant to such rules and regulations. The
interim financial statements should be read in conjunction with the Company's
annual financial statements for the year ended April 30, 2003, notes and
accounting policies thereto included in the Company's annual report on Form
10-KSB as filed with the SEC.

In the opinion of management, all adjustments (consisting only of normal
recurring adjustments) which are necessary to provide a fair presentation of
operating results for the interim period presented have been made. The results
of operations for the periods presented are not necessarily indicative of the
results to be expected for the year.

Interim financial data presented herein are unaudited.

Note 2: Related Party

During the nine months ended January 31, 2004, and 2003, and the period from
July 1997 (inception) through January 31, 2004, the Company incurred costs
totaling $5,149, $4,844, and $12,172, respectively, to a related party for
consulting administrative services.

Note 3: Income Tax

The Company records its income taxes in accordance with Statement of Financial
Accounting Standard No. 109, "Accounting for Income Taxes". The Company incurred
net operating losses for all periods presented resulting in a deferred tax
asset, which was fully allowed for; therefore, the net benefit and expense
resulted in $-0- income taxes.

                                       F-5
<PAGE>


                               PLAN OF OPERATIONS

The following discussion of the plan of operations of the Company should be read
in conjunction with the financial statements and the related notes thereto
included elsewhere in this quarterly report for the nine months ended January
31, 2004. This quarterly report contains certain forward-looking statements and
the Company's future operation results could differ materially from those
discussed herein.

We are a junior mineral exploration company. We have an option to acquire 50% of
14 Wollastonite Claims in the Liard Mining Division in the Province of British
Columbia. We acquired our option from Spirit Energy in an arm's length
transaction. To date, Spirit Energy has expended approximately $2.3 million on
the Big Cat Property. We have obtained an independent review of our project from
Downey and Associates which confirms that the project is worthy of further
exploration. We will seek financing to complete a further $2,333,000 in
exploration on the Big Cat Property which is necessary for our company to earn a
50% undivided interest.

Management of the Company will actively seek new investors to increase our cash
reserves which will permit us to move into Phases 2 and 3 of our work program.

We do not expect any significant changes in the number of our employees.
Presently, we are fortunate to have the services of an experienced President
given our limited financial resources. Our current management team will satisfy
our requirements for the foreseeable future.

We can satisfy our cash requirements for general, administrative and legal and
accounting requirements for the next 12 months. We also have funds on hand to
complete exploration expenditures totaling $35,000 required under our option
agreement on or before March 1, 2004. The independent auditors report which
accompanies our audited financial statements as at April 30, 2003 states that
our company has no established revenues and has incurred net losses since
inception. In the view of our auditors, these factors raise doubt about our
ability to continue as a going concern.

General Background on Wollastonite
----------------------------------

Wollastonite is named after William Hyde Wollaston, the English chemist and
mineralogist who discovered it in the late 1700's. It is a naturally occurring
metasilicate, CaSiO3, which was first mined in California, in the 1930's to
supply material for a white mineral woll. It has a theoretical composition of
48.3% CaO and 51.7% SiO2, but impurities such as iron, magnesium or manganese
may substitute for part of the calcium, thereby reducing its whiteness.

World Production and Markets
----------------------------

Wollastonite is generally found in two types of deposits: skarns formed by
thermal metamorphic and metasomatic processes, and carbonatites formed by
magmatic processes.

There are many occurrences of the mineral wollastonite, but deposits of
sufficient size and purity to be economically viable are rare. The main
producers are located in the United States, Mexico, China, Finland and India.
World wollastonite production capacity is estimated at 700 kt, with China
leading world production at 38%, followed by the US with 29%, and India with
15%. Wollastonite production has increased markedly since 1990, when
approximately 270 kt was produced. The two leading North American producers are
NYCO and R.T. Vanderbilt. Total world wollastonite consumption was estimated at
to 800 kt in the year 2000. Asia led the top consumer countries followed by
Europe, North America and Latin America.

                                        6
<PAGE>

Production capacity estimates have been taken from Roskill Information Services
Reports. Roskill Information Services Ltd. is an internationally recognized
mineral research company which produces reports on several mineral and metal
products each year. The Roskill Information Services Reports include production
and consumption figures on a country by country and worldwide basis.

Chemical Markets
----------------

The largest chemical market is in ceramics, especially in tiles, though also in
white ware. White ware is ceramics used for cooking and includes casseroles and
baking dishes. The main reason for use is as a processing aid, in that it allows
the ceramic body to be fast-fired. This is a method of processing that allows
the ceramic to be fired in hours rather than in days with considerable capital
and operating cost savings. Difficulties are encountered doing this with
non-wollastonite bodies, which contain volatiles and tend to bloat, blister or
delaminate; and due to sensitivity to thermal shock which causes breakage during
the fast heating and cooling cycles. Wollastonite's fibrous form allows the
contained volatiles to escape to the exterior, and reinforce the body, both
green and fired, and the glaze, inhibiting cracking, crazing and chipping; the
mineral has low heat expansion characteristics which overcome cracking from
thermal shock.

Metallurgical end-uses are the second largest, consuming 19% of world
requirements. The largest sector is for use in casting powders in the continuous
casting of steel. The powder protects the surface of the steel from oxidation,
insulates it to keep it molten, lubricates the mold, and absorbs impurities. A
low grade of wollastonite is usable as long as it is free from sulphur and
phosphorus.

Some wollastonite has long been used as a component of mineral wool glass, in
Finland, Mexico and previously California.

Physical Markets
----------------

These rely mainly on the acicularity of the wollastonite crystal. They include
asbestos-replacement markets and plastic fillers.

Plastics end-uses take up 10% of the world usage. The products are
sophisticated, involving special processing, such as special methods of
comminution and classification to produce high aspect ratio fibers and surface
treatments. The main end-uses are in thermoplastics and in thermoset polymers,
all mainly for automotive end-uses. The main uses in the automobile industry are
in the manufacture of fenders, battery casings, body trim and moulded interior
parts such as cup holders and side storage panels.

Wollastonite is also used as a high brightness extender pigment in coatings,
particularly exterior architectural coatings and anti-corrosive primers, however
current usage is small. The term "high brightness extender pigment" means that
the outer coating of the finish will retain its brightness as the wollastonite
additive decreases the moisture absorption which increases the stain resistance,
thereby extending the brightness over the life of the component.

North American Producers and Potential Producers
------------------------------------------------

There are three main North American wollastonite producers - Nyco and R.T.
Vanderbilt, both in upstate New York, plus sporadic production by Pfizer in
California. A deposit at Gilbert, Nevada has been under investigation for
several years, but now appears to be dormant.

                                        7
<PAGE>

In 1994, Nyco acquired mineral rights to the large Pilares deposit, 50 km
northwest of the city of Hermosillo in Sonora, northwest Mexico which is
currently in production. The property contains 1,150 acres of mineral rights and
1,950 acres of surface rights. There is virtually no overburden and the mining
operation is open pit. Reserves of 50 Mt of wollastonite, grading 60% or better,
have been delineated.

The mineral is high grade and contains high aspect ratio wollastonite, which go
to plastics end-users. The major markets are in ceramics, coatings and
metallurgical fluxes. It is estimated that Nyco spent US$100 million to open the
mine, flotation and processing plant with a capacity of 90 ktpy to 216 ktpy.

It is too early to say whether the Big Cat wollastonite product will have a
market. However, based on the work completed to date it appears that the
specifications for the market can be met with the Big Cat product. Further
marketing studies will be required to determine what quantity of the Big Cat
product can be marketed and general terms for such products.

Big Cat Metallurgical Testwork
------------------------------

Metallurgical testing of the Big Cat mineral was completed over an eighteen
month period in 1996-97, at International Metallurgical and Engineering (IME) to
develop a flowsheet for recovering a high-grade wollastonite product.

The testwork indicated that a high purity wollastonite product can be produced
from the Big Cat wollastonite mineral using only classification and flotation
processes to remove calcite and mafic gangue minerals after grinding to
approximately 80% passing 120 microns.

1996 Testwork
-------------

A number of drill hole samples were collected for the testwork. Eight composite
samples covering various wollastonite grades were prepared for testwork using NQ
drill core samples from holes DDH-1 to DDH-4, as shown in Table 1.1. All drill
hole spacing was at 30m centres which is deemed appropriate for a mineralized
tonnage and overage grade estimate.

<TABLE>
<CAPTION>

              Table 1.1 - Drill Hole Core Samples for Initial Work

------------------ --------------- ------------------------- -------------- ----------------- ---------------------
    Composite        Drill Hole         Depth at which        Weight (g)      Wollastonite      Weighted Average
       No.              No.          Sample is Taken (ft)                      Grade (%)         Grade (1) (%)
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
<S>                <C>             <C>                       <C>            <C>               <C>
        1               DDH1            29.95 - 31.95             808            49.44
                                        31.95 - 33.95             708            33.41               52.12
                                        33.95 - 35.95             723            53.34
                                        35.95 - 37.95             854            69.14
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
        2               DDH1            87.95 - 89.95             901            38.50               46.53
                                        89.95 - 91.95             950            59.14
                                        91.95 - 93.95           1,019            33.98
                                        93.95 - 95.95             848            56.00
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
        3               DDH1           117.95 - 119.95            951            54.93               69.36
                                       119.95 - 121.95            800            58.49
                                       121.95 - 123.95          1,101            79.30
                                       123.95 - 125.95            849            82.87
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
        4               DDH2            20.70 - 22.70           1,001              -                 68.27
                                        22.70 - 24.70             902            68.75
                                        24.70 - 26.70             652            80.20
                                        26.70 - 28.70           1,006            60.11
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
        5               DDH3            16.10 - 18.10           1,076            42.49               39.66
                                        18.10 - 20.10           1,015            25.06
                                        20.10 - 22.10             863              -
                                        22.10 - 24.10             956            51.96
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
</TABLE>

                                        8
<PAGE>

<TABLE>
<CAPTION>

        Table 1.1 - Drill Hole Core Samples for Initial Work (continued)

------------------ --------------- ------------------------- -------------- ----------------- ---------------------
    Composite        Drill Hole         Depth at which        Weight (g)      Wollastonite      Weighted Average
       No.              No.          Sample is Taken (ft)                      Grade (%)         Grade (1) (%)
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
<S>                <C>             <C>                       <C>            <C>               <C>
        6               DDH3            52.10 - 54.10             798            72.64               64.28
                                        54.10 - 56.10           1,052            54.87
                                        56.10 - 58.10             950            75.75
                                        58.10 - 60.10             901            55.75
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
        7               DDH4            16.20 - 18.20           1,009            40.30               45.17
                                        18.20 - 20.20           1,046            43.50
                                        20.20 - 22.20           1,035              -
                                        22.20 - 24.20           1,005            51.79
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
        8               DDH4            56.20 - 58.20             956            72.68               66.62
                                        58.20 - 60.20             957            73.67
                                        60.20 - 62.20             852            78.59
                                        62.20 - 64.20           1,051            45.00
------------------ --------------- ------------------------- -------------- ----------------- ---------------------
</TABLE>

Note:  (1) Analysis by bulk chemical method.

The core was delivered to IME, crushed to 25 mm, coned and quartered. These
composites were used in all the testwork.

Eight scoping tests were conducted using these composites. Locked cycle testing
was carried out to provide data that would better estimate the mass of
wollastonite concentrate produced from the minerals. An overall composite sample
of the eight test composites was prepared and used for the six locked cycle
tests.

1997 Testwork

Six further locked cycle test were performed using samples from drill holes
number 27, 29, 30, 32 and 35. Locked cycle test No. 7 used a composite of the
1997 program material from drill holes No., 23 to 35. All the above drill holes
were also located at 30m centre spacing. The table below lists the weighted
average head grades for each composite, and the amount of material taken from
each section.

<TABLE>
<CAPTION>

           Table 1.2 - Drill Hole Core Samples for Subsequent Testwork

----------------------- --------------------- ------------------------ ------------------------- ---------------------
    Composite No.          Drill Hole No.         Depth at Which              Weight (g)               Weighted
                                               Sample is Taken (ft)                                Average Grade(1)
                                                                                                         (%)
----------------------- --------------------- ------------------------ ------------------------- ---------------------
<S>                     <C>                   <C>                      <C>                       <C>
        97-27                  DDH27              8.6 m - 108.6 m       500 g at 2 m intervals          58.28%
----------------------- --------------------- ------------------------ ------------------------- ---------------------
        97-29                  DDH29             6.63 m - 96.63 m       500 g at 2 m intervals          48.76
----------------------- --------------------- ------------------------ ------------------------- ---------------------
        97-30                  DDH30             8.12 m - 114.12 m      500 g at 2 m intervals          55.49
----------------------- --------------------- ------------------------ ------------------------- ---------------------
        97-32                  DDH32              18.5 m - 28.5 m       500 g at 2 m intervals          47.12
                                                  44.7 m - 107.0 m
----------------------- --------------------- ------------------------ ------------------------- ---------------------
        97-35                  DDH35             4.58 m - 74.58 m       500 g at 2 m intervals            Nd
----------------------- --------------------- ------------------------ ------------------------- ---------------------
</TABLE>

Note:  (1) Analysis by bulk chemical method.

The samples were prepared according to the following procedure:

The ground mineral was classified in two stages. The mill discharge was first
screened at 297 microns to remove the coarse fraction, which was recycled to the
mill. The screen undersize in the initial testwork was subsequently de-slimed
using a 37 micron screen before feeding the mineral to flotation. This testwork
was repeated with screening at 20 microns to lower the mass of wollastonite lost
in the slimes.

After desliming, the wollastonite product was conditioned for five minutes and
then floated in a Denver flotation machine. The ground flotation feed was
conditioned for five minutes, then floated for two minutes in a rougher stage
and a total of eight minutes in three scavenger stages. The combined rougher and
scavenger froth, containing the gangue, was re-floated for four minutes in the
first cleaner stage and five minutes in the second cleaner stage. The flotation
collectors were added as water based emulsions. Frother was added neat to the
process. Oleic acid was always added in stages to the process rather than in a
single addition. The recovery results from the testwork are shown in Table 1.3.

                                        9
<PAGE>

<TABLE>
<CAPTION>
                    Table 1.3 - Wollastonite Recovery Results

--------------- --------------- ---------------- ----------------- ------------- --------------- ---------------
Composite       Testwork        Ore Grade        % Wollastonite       % Mass     % Wollastonite  %
                                % Wollastonite   Recovery Overall    Recovery    Lost in         Wollastonite
                                                                     Overall     Sliming         Lost in Gangue
--------------- --------------- ---------------- ----------------- ------------- --------------- ---------------
<S>             <C>             <C>              <C>                <C>          <C>             <C>
                     1996             55               81.8            45.0           7.7             10.5
                     1996             81               84.0            68.0           11.3            4.7
   Comp 27           1997             60               85.8            51.5           4.1             10.1
   Comp 29           1997             522              84.8            44.1           1.2             17.2
   Comp 30           1997             54               92.8            50.1           2.4             4.8
   Comp 32           1997             50               80.6            40.3           1.0             18.4
  1997 Comp          1997             50               77.8            58.9           5.0             17.2
--------------- --------------- ---------------- ----------------- ------------- --------------- ---------------
                Average, all         57.4              83.9            48.3           4.7             11.4
--------------- --------------- ---------------- ----------------- ------------- --------------- ---------------
                Average, 1997        53.2              84.4             45            2.7             12.9
--------------- --------------- ---------------- ----------------- ------------- --------------- ---------------
</TABLE>

The most significant metallurgical parameters resulting from the testwork are
summarized as follows:


    Average mill head grade                          =        58.1% wollastonite
    Average concentrate mass recovery                =        50.5% of feed mass
    Average wollastonite recovery, approximate       =        84%
    Wollastonite losses (approximate)
             Gangue                                  =        10%
             Slimes                                  =        60%
    Grind size, P(80)                                =       120 microns
    Reagent addition,  oleic acid                    =       2,200 g/t
    Finished product size specifications:
             Grade 8                                 =        5 - 8 microns
             Grade 3                                 =        3 - 5 microns
             Grade 10                                =        20 - 30 microns
             Grade 100                               =        40 - 50 microns

Based on this program, it appears that the wet grinding and flotation recovery
method would be well suited to the Big Cat deposit. However, significant
additional testwork will be required to optimize this work and test the complete
mineral body in terms of variability.

Other work will include dewatering testwork and water quality analysis.

Recommended Work Program
------------------------

Our consultants, Downey & Associates, concluded that the Big Cat project
warrants further expenditure because:

The review agrees with the mineralized material calculation completed by Spirit
Energy. Our consultants completed an independent calculation of mineralized
material based on drill result data. Estimates indicate 1.2 million tones of
mineral grading 62% wollastonite.

The contained wollastonite appears to be readily recoverable by standard wet
processing methods, at a recovery and chemical and physical grade that could
achieve market penetration. The project location is remote. However it is
reasonably close to existing mining infrastructure and transport routes to
assist in project development. The project is "remote" only in the sense that
there is no existing infrastructure in the vicinity of the project. A new road
of approximately 70km in length will be needed to access the existing mining
infrastructure.

The current drillhole spacing is insufficient to support a feasibility study and
additional drilling will be required.

                                       10
<PAGE>

The consultants do not know of any social or environmental issues that could
jeopardize the project.

The consultants recommend a four year, three phase program to complete a
pre-feasibility study followed by a detailed feasibility study. All dollar
figures are U.S..

Phase 1.
--------

This phase would commence in mid-2002 and be completed by the end of February
2003. This work would include a marketing study and some additional
metallurgical testwork. The marketing study would allow us to determine the
value ranges for the products that could be produced from the Big Cat deposit.
It would also help predict the market potential and growth sectors for
wollastonite. This work would likely be completed by a specialized consulting
group or individual, with specialized knowledge of the wollastonite market. The
estimate for this stage is $33,500.

Phase 1 work would commence with the collection of mineral samples from the
project for metallurgical test work. This work would be done to generally
confirm the results of the test work completed by IME so that the grade and
recovery of the wollastonite can be independently determined by us.

The test work would consist of flotation to determine grade and recovery of the
product and optical microscopy to determine the aspect ratio of the product,
which is important in helping to determine potential markets and end users.

Based on the results of this test work the marketing study would be completed.
The marketing study would involve a consultant with the relevant experience in
the wollastonite market. It will include current research on the existing
markets and supply and demand figures. It would also include discussions with
potential end users in areas such as the ceramics industry and the automobile
supply parts industry.

This study will also include data on pricing for the product.

The costs for this Phase are estimated as follows:

         Sample Collection (including travel)                    $1,600
         Metallurgical Test work                                 $8,500
         Marketing Study                                        $16,500
         Company General and Administrative                      $6,900
         Total                                                  $33,500

Phase 2.
--------

This phase would take approximately two years, at which time a pre-feasibility
would be completed. The work would include diamond drilling, geotechnical work,
metallurgical and mineralogical testwork, engineering studies and environmental
studies.

Expenditures of $300,000 are estimated to complete this work.

                                       11
<PAGE>

Phase 2 work will require additional drilling and test work. The drilling will
be of sufficient spacing so that mineralized material calculations can be
completed. This drilling will be used to determine whether this deposit has
sufficient tonnage and average grade to warrant a comprehensive evaluation based
upon unit cost, grade, recoveries and other material factors required to
conclude a commercially viable mining operation. The drilling will focus solely
on the existing mineral body, that was originally discovered and drilled by
Spirit Energy. The limits of this mineral body was essentially defined by Spirit
Energy by surface sampling and oblique diamond drilling. We do not plan to
complete any geochemical or geophysical testing for that reason. The drill
spacing on the upcoming programme will be what is commonly referred to as infill
drilling. In other words the drill holes will be located between existing drill
holes so that a mineral reserve can be calculated according to the standards
defined by the Canadian Institute of Mining and Metallurgy. The work will
include detailed assays of the drill core by a recognized and certified assay
laboratory. Concurrent with this will be the environmental baseline studies on
the mine area and the access road area.

Geotechnical work would include mapping of the rock types major structures. All
drill core would also be mapped including rock mass classification and rock
quality data. This will allow calculations to be completed for pit slopes for
any proposed open pit mine.

The metallurgical work will include comminution and grinding to determine the
optimal grind versus recovery relationship for the mineral. Flotation test work
will also be completed including locked cycle test work that will model actual
operating conditions. This test work will determine the best suite of reagents
for mineral recovery as well as the grade and recovery of the product.

This work will also include dewatering test work which will determine the best
method of separating the moisture from the wollastonite product. Included will
be thickening test work and filtration test work. In general terms, the optimal
moisture will be in the 8-12% range, which allows the product to be shipped
without too much moisture but also prevents dusting.

Other work will include X-Ray Diffraction (XRF) test work to determine impurity
levels in the product and further optical microscopy.

Based on all of the above project capital and operating costs to a 25% accuracy
would be completed followed by preliminary project economics.

The Estimated Costs for this Phase are:

         Drilling and Sampling                                  $73,500
         Geotechnical Work                                      $16,500
         Metallurgical Testwork                                 $30,000
         Preliminary Mine Design                                $16,500
         Engineering                                            $60,000
         Road Design                                            $13,500
         Environmental                                          $30,000
         Company General & Administrative                       $60,000
         Total                                                 $300,000


Phase 3.
--------

If the exploration work confirms a mineralized body which has been delineated by
appropriately spaced drilling and/or underground sampling to support sufficient
tonnage and average grade, then additional expenditures would be warranted to
proceed with a bankable feasibility study. "Bankable" means to a level of detail
to facilitate lending by recognized banking institutions.

The following Table 1.4 shows a generalized breakdown of the costs associated
with Phases 1 and 2.

                                       12
<PAGE>

                          Table 1.4 - Estimated Budget

         ------------------------------------            ------------
         Project Management & Administration             $66,900
         ------------------------------------            ------------
         Geology & Mineral Reserves                      $77,100
         ------------------------------------            ------------
         Geotechnical                                    $16,500
         ------------------------------------            ------------
         Mining                                          $16,500
         ------------------------------------            ------------
         Marketing                                       $18,000
         ------------------------------------            ------------
         Metallurgy & Process Selection                  $38,500
         ------------------------------------            ------------
         Infrastructure                                  $23,500
         ------------------------------------            ------------
         Project Evaluation & Feasibility                $28,500
         ------------------------------------            ------------
         Environmental                                   $30,000
         ------------------------------------            ------------
         Capital & Operating Costs                       $18,000
         ------------------------------------            ------------
         Total                                           $333,500
         ------------------------------------            ------------


Item 3 - Controls and Procedures

Our C.E.O. and C.F.O. have concluded that our controls and other procedures
designed to ensure that information required to be disclosed in reports that we
submit under the Securities Exchange Act of 1934, is recorded, processed,
summarized and reported within the time periods specified in the Commission's
rules and forms are effective, based upon their evaluation of these controls and
procedures as of a date within 90 days of the filing date of this Form 10-QSB.

There were no significant changes in our internal controls or in other factors
that could significantly affect those controls subsequent to the date of this
evaluation, including any corrective actions with regard to significant
deficiencies and weaknesses.


                                     PART II
                                OTHER INFORMATION

Item 1.    LEGAL PROCEEDINGS

           None

Item 2     CHANGES IN SECURITIES AND USE OF PROCEEDS

           None

                                       13
<PAGE>


Item 3     DEFAULTS UPON SENIOR SECURITIES

           None

Item 4     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

           None

Item 5     OTHER INFORMATION

           The Company received its quotation on the OTC Bulletin Board
           on January 14, 2004. The Company's trading symbol is "BGCT".

Item 6     EXHIBITS AND REPORTS ON FORM 8-K

           (a)  Exhibits

                31.1     Section 302 Certification of Chief Executive Officer
                31.2     Section 302 Certification of Chief Financial Officer
                32       Section 906 Certification

           (b) Reports on Form 8-K

                None


                                   SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                           BIG CAT MINING CORPORATION


Dated:  March 15, 2004                      Per:     /s/ Craig Christy
                                                     -------------------------
                                                         Craig Christy,
                                                         C.E.O. and Director


                                       14