<ARTICLE>  5
<LEGEND>
Golden Cycle Gold Corporation
Financial Statements
</LEGEND>
       
                                                         
<PERIOD-START>                                 JAN-01-1995
<PERIOD-TYPE>                                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995            
<PERIOD-END>                                     DEC-31-1995
<CASH>                                                        9,840
<SECURITIES>                                        354,118
<RECEIVABLES>                                           492
<ALLOWANCES>                                              0
<INVENTORY>                                                  0
<CURRENT-ASSETS>                            364,450
<PP&E>                                                    708,240
<DEPRECIATION>                                 524,300
<TOTAL-ASSETS>                                 548,390
<CURRENT-LIABILITIES>                      14,056
<BONDS>                                                           0
<COMMON>                                           514,334
<PREFERRED-MANDATORY>                       0
<PREFERRED>                                                  0
<OTHER-SE>                                                     0
<TOTAL-LIABILITY-AND-EQUITY>   548,390
<SALES>                                                             0
<TOTAL-REVENUES>                            275,319
<CGS>                                                                 0
<TOTAL-COSTS>                                    270,828
<OTHER-EXPENSES>                                       0
<LOSS-PROVISION>                                          0
<INTEREST-EXPENSE>                             2,210
<INCOME-PRETAX>                                  2,281
<INCOME-TAX>                                                0
<INCOME-CONTINUING>                         2,281
<DISCONTINUED>                                            0
<EXTRAORDINARY>                                       0
<CHANGES>                                                      0
<NET-INCOME>                                          2,281
<EPS-PRIMARY>                                          .001
<EPS-DILUTED>                                           .001