UNITED  STATES
                       SECURITIES  AND  EXCHANGE  COMMISSION
                              WASHINGTON,  DC  20549

                                   FORM  12B-25

                           NOTIFICATION  OF  LATE  FILING

                        Commission  File  Number:  000-31380

(Check One): [X] Form 10-K   [_] Form 20-F   [_] Form 11-K   [_] Form 10-Q   [_]
Form  N-SAR

               For  Period  Ended:  December  31,  2002

               [_]  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  Ended:

  Read  attached  instruction sheet before preparing form. Please print or type.

    Nothing  in  this  form  shall be construed to imply that the Commission has
                   verified  any  information  contained  herein.

If  the  notification relates to a portion of the filing checked above, identify
the  item(s)  to  which  the  notification  relates:

PART  I  --  REGISTRANT  INFORMATION

Full  name  of  registrant:  ATLAS  MINING  COMPANY
- --------------------------------------------------------------------------------

Former  name  if  applicable:
- --------------------------------------------------------------------------------

Address  of  principal  executive office (Street and number): 630 E. Mullan Ave.
- --------------------------------------------------------------------------------

City,  state  and  zip  code:  Osburn,  Idaho  83849
- --------------------------------------------------------------------------------

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.)

     |    (a)  The  reasons  described  in reasonable detail in Part III of this
     |         form  could  not  be  eliminated  without  unreasonable effort or
     |         expense;
     |
[X]  |    (b)  The  subject annual report, semi-annual report, transition report
     |         on  Form 10-K, Form 20-F, 11-K or 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 or
     |         transition  report on Form 10-Q, or portion thereof will be filed
     |         on  or before the fifth calendar day following the prescribed due
     |         date;  and
     |
     |    (c)  The  accountant's  statement  or  other  exhibit required by Rule
     |         12b-25(c)  has  been  attached  if  applicable.


PART  III  --  NARRATIVE

     State  below  in  reasonable detail the reasons why Forms 10-K, 20-F, 11-K,
10-Q, N-SAR, or the transition report portion thereof, could not be filed within
the  prescribed  time  period.  (Attach  extra  sheets  if  needed.)

       We  are not able to complete the necessary disclosures on a timely basis.
We  expect  to  file  the  required  report  within  the  allotted  extension.



PART  IV  --  OTHER  INFORMATION

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

      William  T.  Jacobson                  (208)         556-1181
       -----------------                -----------  ------------------
             (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 preceding 12 months or for such shorter period that the
     registrant was required to file such report(s) been filed? If the answer is
     no,  identify  report(s).  [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.


                              ATLAS  MINING  COMPANY
                  --------------------------------------------
                  (Name  of  Registrant  as  Specified  in  Charter)
has  caused  this  notification  to  be  signed on its behalf by the undersigned
hereunto  duly  authorized.


Date:  March  28,  2003                By:  /s/  William  T.  Jacobson
                                        ------------------------------
                                        William  T.  Jacobson
                                        Chairman,  CEO