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

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                          35,996
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                40,404
<PP&E>                                       3,048,407<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               3,276,731
<CURRENT-LIABILITIES>                          144,515
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     4,366,801
<OTHER-SE>                                 (1,549,335)<F2>
<TOTAL-LIABILITY-AND-EQUITY>                 3,276,731
<SALES>                                              0
<TOTAL-REVENUES>                                87,718<F3>
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               151,443
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,795
<INCOME-PRETAX>                               (69,520)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (69,520)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (69,520)
<EPS-BASIC>                                     (0.02)
<EPS-DILUTED>                                   (0.02)
<FN>
<F1>Consists of $3,048,407 in resource properties and claims.
<F2>Consists of $119,793 in additionalpaid-in capital (deficit), plus a deficit of
$1,429,542 accumulated during development stage.
<F3>Consists of $979 in interest income and proceeds of $86,739 from the sale of
timber.
</FN>