<ARTICLE> 5
<CIK> 0000050073
<NAME> INDEPENDENCE LEAD MINE COMPANY
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                          47,513
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                51,921
<PP&E>                                       3,048,407<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               3,288,248
<CURRENT-LIABILITIES>                          114,392
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     4,369,993
<OTHER-SE>                                 (1,501,887)<F2>
<TOTAL-LIABILITY-AND-EQUITY>                 3,288,248
<SALES>                                              0
<TOTAL-REVENUES>                                   502<F3>
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                20,583
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,911
<INCOME-PRETAX>                               (21,992)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (21,992)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (21,992)
<EPS-PRIMARY>                                   (0.01)
<EPS-DILUTED>                                   (0.01)
<FN>
<F1>Consists of $3,048,407 in resource properties and claims.
<F2>Consists of $119,873 in additional paid-in capital, less a deficit
of$<1,382,014> accumulated during development stage.
<F3>Consists of $502 in interest income.
</FN>