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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

[ ] Form 10-K  [ ] Form 20-F  [ ] Form 11-K  [X] Form 10-Q  [ ] Form N-SAR

For the period ending March 31, 2001

[  ]  Transition Report on Form 10-K
[  ]  Transition Report on Form 20-F
[  ]  Transition Report on Form 11-K
[  ]  Transition Report on Form 10-Q
[  ]  Transition Report on Form N-SAR
For the Transition Period Ending:______________

PART I - REGISTRANT INFORMATION

Full Name of Registrant:                           Metaline Contact Mines

Address of Principal Executive Office:             6599 Prichard Creek Road

City, State and Zip Code:                          Murray, Idaho 83874

PART II - RULES 12B-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

 X      (a)     The reasons described in reasonable detail in Part III of this
- ---             form could not be eliminated without unreasonable effort and
                expense;

        (b)     The subject annual report, semi-annual report, transition
- ---             report, on Form 10-K, 10-KSB, Form 20-F, 11-K, Form N-SAR, or
                portion thereof will be filed on or before the fifteenth
                calendar day following the prescribed due date; or the subject
                quarterly report on Form 10-Q, 10-QSB, or portion thereof will
                be filed on or before the fifth calendar day following the
                prescribed due day; and

        (c)     The accountant's statement of other exhibit required by Rule
- ---             12b-25(c) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable detail why the Form 10-K, Form 10-KSB, Form 10-QSB,
Form 10-KSB, 11-K, 10-Q, and Form 10-QSB, N-SAR, or the transition report or
portion thereof, could not be filed within the prescribed time period.

There was a delay in finalizing the Registrants's first quarter financial
statements pending its clearance of comments by the U.S. Securities and Exchange
Commission ("SEC") on its Registration Statement on Form 10-SB, which clearance
was received by the Registrant verbally from the SEC on May 11, 2001. Reference
SEC File No. 0-31025.

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PART IV - OTHER INFORMATION

(1)     Name and telephone number of person to contact in regard to this
        notification

          John W. Beasley                 208                     682-2217
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              (Name)                  (Area Code)            (Telephone Number)

(2)     Have all other periodic reports required under Section 13 or 15(d) of
        the Securities Exchange Act of 1934 or Section 30 of the Investment
        Company Act of 1940 during the preceeding 12 months or for such shorter
        period that the registrant was required to file such report(s) been
        filed?

        [X] Yes[ ] No

(3)     Is it anticipated that any significant change in results of operations
        from the corresponding period for the last fiscal year will be reflected
        by the earnings statements to be included in the subject report or
        portion thereof? [ ] Yes [X] No

        If so, attach an explanation of the anticipated change, both narratively
        and quantitatively, and, if appropriate, state the reasons why a
        reasonable estimate of the results cannot be made.

                             METALINE CONTACT MINES

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                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto authorized.

Date:   May 15, 2001                        By:  /s/  John W. Beasley
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                                            Title: Secretary