<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED APRIL 30, 1995 CONTAINED IN 
FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED APRIL 30, 1995 AND IS QUALIFIED 
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000844788
<NAME> FISCHER-WATT GOLD COMPANY, INC.
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JAN-31-1995
<PERIOD-START>                             FEB-01-1995
<PERIOD-END>                               APR-30-1995
<EXCHANGE-RATE>                                      1
<CASH>                                              10
<SECURITIES>                                       278
<RECEIVABLES>                                       13
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                   305
<PP&E>                                             411
<DEPRECIATION>                                      35
<TOTAL-ASSETS>                                     808
<CURRENT-LIABILITIES>                              715
<BONDS>                                             96
<COMMON>                                            12
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                        (15)
<TOTAL-LIABILITY-AND-EQUITY>                       808
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                    55
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  22
<INCOME-PRETAX>                                   (76)
<INCOME-TAX>                                         1
<INCOME-CONTINUING>                               (77)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      (77)
<EPS-PRIMARY>                                    (.01)
<EPS-DILUTED>                                    (.01)