UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
Quarterly Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the quarterly period ended November 30, l997
Commission file Number 0-10201
Nugget Exploration, Inc.
Nevada 83-0250943
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
815 South Durbin Street, Casper, WY 82601
(Address of principal executive offices (Zip Code)
Registrant's telephone number, including area code:
(307) 234-9151
Indicate by check mark whether the registrant(1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
YES [X] NO [ ]
Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practical
date:
Common Stock, $0.01 Par Value - 15,006,000 shares as of
November 30, l997.
<PAGE>
PART I. - FINANCIAL INFORMATION
NUGGET EXPLORATION, INC.
The financial Information required by Part 1 of Form 10-Q
is not required at this time because under rule 13a-13 (c)
(3) such information is not required for a mining company
not in the production stage but engaged primarily in the
exploration for or development of mineral deposits other
than oil, gas or coal if the registrant has not been in
production during the current fiscal year or the two years
immediately prior thereto and if the receipts from the sale
of mineral products or from operations of mineral producing
properties has not exceeded $500,000 in any of the most
recent six years or aggregated more than $1,500,000 in the
most recent six years.
Nugget Exploration, Inc. operations to date have been the
acquisition of properties and limited exploration activities
which produced some income during the 1984-85 fiscal year.
<PAGE>
PART II - OTHER INFORMATION
Items 1 through 5 - Not Applicable
Item 6-
a. Exhibits - None
b. Reports on Form 8-K - None.
<PAGE>
NUGGET EXPLORATION, INC.
SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of
1934, the registrant has duly cause this report to be signed on its
behalf by the undersigned thereunto duly authorized.
NUGGET EXPLORATION, INC.
Registrant
December 26, l997 Mary C. MacGuire
Date Mary C. MacGuire
Principal Financial Officer
December 26, 1997 Delores H. MacQueen
Date Delores H. MacQueen
Secretary
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