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

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<CASH>                                         198,444
<SECURITIES>                                     2,908
<RECEIVABLES>                                    1,500
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               202,852
<PP&E>                                       3,133,327<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               3,336,179
<CURRENT-LIABILITIES>                           14,700
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     4,308,793
<OTHER-SE>                                 (1,320,064)<F2>
<TOTAL-LIABILITY-AND-EQUITY>                 3,336,179
<SALES>                                              0
<TOTAL-REVENUES>                               363,973
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                27,824
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 916
<INCOME-PRETAX>                                335,233
<INCOME-TAX>                                    10,500
<INCOME-CONTINUING>                            324,733
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   324,733
<EPS-BASIC>                                       0.08
<EPS-DILUTED>                                     0.08
<FN>
<F1>Consists of $3,133,327 in Resource Properties and Claims.
<F2>Consists of $108,293 Deficit in Additional Paid-in Capital plus a Deficit of
$1,156,681 accumulated during the Development Stage, and Treasury Stock of
$55,090.
</FN>