<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Financial Statements for Alaska Apollo Resources Inc. and its subsidiary
companies, and is qualified in its entirety by reference to such financial 
statements.  All amounts are in United States dollars.
</LEGEND>
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<CASH>                                         138,980
<SECURITIES>                                         0
<RECEIVABLES>                                  509,943
<ALLOWANCES>                                         0
<INVENTORY>                                     80,890
<CURRENT-ASSETS>                             1,031,138
<PP&E>                                      15,657,153
<DEPRECIATION>                                 297,549
<TOTAL-ASSETS>                              18,220,555
<CURRENT-LIABILITIES>                        1,723,738
<BONDS>                                        913,986
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    20,068,190
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                18,220,555
<SALES>                                      2,052,222
<TOTAL-REVENUES>                             2,052,222
<CGS>                                        1,660,043
<TOTAL-COSTS>                                1,911,843
<OTHER-EXPENSES>                                82,218
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              51,814
<INCOME-PRETAX>                            (1,437,437)
<INCOME-TAX>                                   (2,566)
<INCOME-CONTINUING>                        (1,440,003)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,440,003)
<EPS-PRIMARY>                                   (0.19)
<EPS-DILUTED>                                   (0.19)