<ARTICLE> 5
<CIK> 0000050073
<NAME> INDEPENDENCE LEAD MINES CO

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                         111,208
<SECURITIES>                                     2,908
<RECEIVABLES>                                    1,500
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               115,616
<PP&E>                                       3,236,327<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               3,351,943
<CURRENT-LIABILITIES>                           67,183
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     4,308,793
<OTHER-SE>                                 (1,347,783)<F2>
<TOTAL-LIABILITY-AND-EQUITY>                 3,351,943
<SALES>                                              0
<TOTAL-REVENUES>                               358,962
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                11,386
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 916
<INCOME-PRETAX>                                346,662
<INCOME-TAX>                                    62,600
<INCOME-CONTINUING>                            284,062
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   284,062
<EPS-BASIC>                                       0.07
<EPS-DILUTED>                                     0.07
<FN>
<F1>Consists of$3,236,327 in resource properties and claims.
<F2>Consists of $108,293 deficit in additional paid-in capital plus a deficit of
$1,197,352 accumulated during the development stage, and Treasury stock of
$42,138.
</FN>