SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                  FORM 10QSB/A
                                Amendment No. 1


                  Quarterly Report under Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

                               CIK NO.: 0001039466

For Quarter Ended                                        Commission File Number
June 30,  2001                                            000-29621

                             SUN RIVER MINING, INC.
                               -------------------
                 (Name of Small Business Issuer in its charter)


         COLORADO                                     84-1384159
------------------------------------                  ----------
State or other jurisdiction of                        IRS Employer ID Number
incorporation or organization

P. O. Box 723, Evergreen, Colorado                     80437
-------------------------------------------------------------------
(Address of principal executive offices)             (Zip Code)


Issuer's telephone number: (720) 318-7339

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 the  filing
requirements for at least 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 practicable date.

                         15,362,970 as of June 30, 2001






                          PART 1. FINANCIAL INFORMATION

ITEM 1.           FINANCIAL STATEMENTS

                                                  Sun River Mining, Inc.
                                               (Exploration Stage Company)
                                               Consolidated Balance Sheets
                                                       (Unaudited)

                                                                                                
                                                                                June 30,                September 30,
                                                                                  2001                      2000
                                                                            -----------------         ------------------

ASSETS:
Current assets:
   Cash                                                                     $              2          $               2
   Prepaid Expenses                                                                                                   -
   Accounts Receivable - Del Cielo                                                         -                      1,884
                                                                            -----------------         ------------------
      Total current assets                                                                 2                      1,886
                                                                            -----------------         ------------------

Fixed assets
   Office equipment - (Net $3,178 depreciation for June, 2001,                           808                      1,156
       and $2,638 for June, 2000)                                          -----------------         ------------------

      Total fixed assets                                                                 808                      1,156
                                                                            -----------------         ------------------
TOTAL ASSETS                                                                $            810          $           3,042
                                                                            =================         ==================


LIABILITIES AND STOCKHOLDERS' EQUITY:

CURRENT LIABILITIES:
   Accounts Payable                                                         $         46,594          $         101,238
   Accrued Expenses                                                                  409,230                    330,509
   Directors' Fee Payable                                                              8,683                      9,683
   Notes Payable                                                                     234,109                    234,003
                                                                            -----------------         ------------------
Total Current Liabilities                                                            698,616                    675,433
                                                                            -----------------         ------------------

STOCKHOLDERS' EQUITY:

Preferred Stock, par value $0.01 per share; 50,000,000
 shares authorized; no shares issued and outstanding                                       -                          -
Common Stock, no par value; 500,000,000 shares authorized;
   15,362,970 shares issued and outstanding for December,                          1,921,419                  1,921,419
   2000 and 15,362,970 shares issued and outstanding for
   September, 2000.
Deficit accumulated during the exploratory stage                                  (2,619,225)                (2,593,810)
                                                                            -----------------         ------------------
Total Stockholders' Deficit                                                         (697,806)                  (672,391)
                                                                            -----------------         ------------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                  $            810          $           3,042
                                                                            =================         ==================



                        The accompanying notes are an integral part of these financial statements.





                                                  Sun River Mining, Inc.
                                               (Exploration Stage Company)
                                         Consolidated Statements of Operations
                                                       (Unaudited)

                                                                               
                                                                                                 Feb. 25, 1997
                                    Three-Months Ended              Nine-Months Ended            (Inception) to
                                           June 30,                      June 30,                June 30,
                                 --------------------------     --------------------------
                                    2001           2000            2001           2000           2001
                                 -----------    -----------     -----------    -----------    ------------

REVENUE                          $        -     $        -      $        -     $        -     $         -

EXPENSES:
   Bank Charges                           -              -               7            199           1,667
   Consulting                             -          6,000               -         30,000         878,939
   Depreciation                         116            192             348            576           3,178
   Directors' Fees                        -              -               -          5,378          11,983
   Due Diligence                          -              -               -              -          45,832
   Equipment Rental                       -              -               -              -           1,733
   Impairment loss                        -              -               -              -         923,834
   Legal & Accounting                 6,242          6,242           8,524         11,148          92,264
   Licenses & Fees                        -              -               -              -           6,220
   Meals & Entertainment                  -              -               -              -           4,119
   Office Expenses                        -              -               -            730          13,781
   Officer's Salaries                     -         37,500               -        127,500         380,750
   Postage & Shipping                     -              -               -              -           3,217
   Printing                               -              -               -              -           5,580
   Public Relations                       -              -               -            425         104,005
   Rent                                   -              -               -            730           8,058
   Taxes                                  -              -               -             53           4,657
   Telephone                              -            536               -          1,629          30,545
   Transfer Agent Expense               375            345           1,125          1,190           8,621
   Travel                                 -              -               -            809          59,293
                                 -----------    -----------     -----------    -----------    ------------
TOTAL EXPENSES                        6,733         50,815          10,004        180,367       2,588,276

EXTRAORDINARY (GAIN)
   Interest                           5,137          5,389          15,411         10,778          71,346
   Forgiveness of Debt                    -              -               -        (40,397)        (40,397)
                                 -----------    -----------     -----------    -----------    ------------
NET (LOSS)                       $  (11,870)    $  (56,204)     $  (25,415)    $ (150,748)    $(2,619,225)
                                 -----------    -----------     -----------    -----------    ------------

PER SHARE INFORMATION:

   Weighted average number of
     common shares outstanding   15,362,970     15,260,124      15,362,970     15,260,124
                                 -----------    -----------     -----------    -----------

NET LOSS PER COMMON SHARE            *              *               *              *
                                 ===========    ===========     ===========    ===========

* Less than $.01



                         The accompanying notes are an integral part of these financial statements.





                                                  Sun River Mining, Inc.
                                               (Exploration Stage Company)
                                          Consolidated Statement of Cash Flows
                                                       (Unaudited)

                                                                                                
                                                                                                           Feb. 25, 1997
                                                                            Nine-Months Ended              (Inception) to
                                                                                 June 30,                     June 30,
                                                                      -------------------------------
                                                                         2001               2000                2001
                                                                      ------------      -------------     -----------------

CASH FLOWS FROM OPERATING ACTIVITIES:

Net Loss                                                              $   (25,415)      $   (150,748)     $     (2,619,225)
  Adjustments to reconcile net loss to cash used in
    operating activities:
   Depreciation                                                               348                384                 3,178
   Issuance of Common Stock for Services                                        -            145,810               482,700
   Increase (Decrease) in Accounts Payable                                (54,644)             6,218                46,594
   Increase (Decrease) in Accrued Liabilities                              77,827                  -               417,913
   Decrease (Increase) in Accounts Rec - Shareholders                       1,884                  -                (1,884)
   Decrease (Increase) in Prepaid Expenses                                      -                200                     -
                                                                      ------------      -------------     -----------------
Net Cash Flows Used by Operations                                               -              1,864            (1,670,724)

CASH FLOWS FROM INVESTING ACTIVITIES:
   Acquisition of Fixed Assets                                                  -                  -                (3,986)
                                                                      ------------      -------------     -----------------
Net Cash Flows Provided by Investing Activities                                 -                  -                (3,986)

CASH FLOWS FROM FINANCING ACTIVITIES:
   Repyament of Notes Payable                                                   -            (29,867)              (36,086)
   Proceeds from Notes Payable                                                  -                  -               234,109
   Issuance of Common Stock                                                     -             27,000             1,476,689
                                                                      ------------      -------------     -----------------
Net Cash Flows Provided by Financing Activities                                 -             (2,867)            1,674,712

Net Increase (Decrease) in Cash                                                 -             (1,003)                    2
                                                                      ------------      -------------     -----------------

Cash and cash equivalents - Beginning of period                                 2              1,026                     -
                                                                      ------------      -------------     -----------------

CASH AND CASH EQUIVALENTS - END OF PERIOD                             $         2       $         23      $              2
                                                                      ============      =============     =================

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
   Cash Paid During the Year for:
      Interest                                                        $    15,411       $     10,778      $         71,346
                                                                      ============      =============     =================
      Income Taxes                                                    $         -       $          -      $              -
                                                                      ============      =============     =================

NON-CASH TRANSACTIONS
    Common stock issued in exchange for services                      $         -       $     40,000               482,700
                                                                      ============      =============     =================


                         The accompanying notes are an integral part of these financial statements.




                                                     Sun River Mining, Inc.
                                                  (Exploration Stage Company)
                                                      Stockholder's Equity
                                                          (Unaudited)
                                                                                                   
                                                                                              Deficit
                                                                                            Accumulated
                                                                                            During the
                                                             Common Stock                   Exploration
                                                  -----------------------------------
                                                    # of Shares          Amount                Stage               Totals
                                                  ----------------   ----------------     ----------------     ---------------

Inception  - February 25, 1997                                  -             $    -               $    -              $    -
Issuance of stock for cash                                100,000                100                    -                 100
Issuance of stock for cash                                111,800            111,800                    -             111,800
Issuance of stock to Founders                             282,200                  -                    -                   -
Issuance of stock for Consolidation                     8,900,000            312,106                    -             312,106
Issuance of stock for cash                                 58,000             58,000                    -              58,000
Issuance of stock for cash                                 47,800             47,800                                   47,800
Net Loss                                                        -                  -            (193,973)           (193,973)
                                                  ----------------   ----------------     ----------------     ---------------
Balance - September 30, 1997                            9,499,800            529,806            (193,973)             335,833
                                                  ----------------   ----------------     ----------------     ---------------

Issuance of stock for compensation                         30,000             30,000                    -              30,000
Issuance of stock for cash                              1,000,000            200,000                    -             200,000
Consolidation stock cancelled                         (1,200,000)           (50,000)                    -            (50,000)
Issuance of stock for cash                                  4,000              4,000                    -               4,000
Net Loss for year                                               -                  -            (799,451)           (799,451)
                                                  ----------------   ----------------     ----------------     ---------------
Balance - September 30, 1998                            9,333,800            713,806            (993,424)           (279,618)
                                                  ----------------   ----------------     ----------------     ---------------
Issuance of stock for cash                                424,670            159,367                    -             159,367
Issuance of stock for compensation                        800,000             40,000                    -              40,000
Issuance of stock for cash                                750,000            296,125                    -             296,125
Issuance of stock for compensation                        500,000            276,500                    -             276,500
Issuance of stock for cash                                150,000             70,313                    -              70,313
Issuance of stock for cash & services                     904,500            122,108                    -             122,108
Issuance of stock for compensation                      1,400,000            147,000                    -             147,000
Issuance of stock for compensation                        800,000             69,200                                   69,200
Net Loss for year                                                                             (1,482,017)         (1,482,017)
                                                  ----------------   ----------------     ----------------     ---------------
Balance - September 30, 1999                           15,062,970          1,894,419          (2,475,441)           (581,022)
                                                  ----------------   ----------------     ----------------     ---------------

Issuance of stock for cash                                300,000             27,000                   -               27,000
Net Loss for year                                               -                  -            (118,369)           (118,369)
                                                  ----------------   ----------------     ----------------     ---------------
Balance - September 30, 2000                           15,362,970          1,921,419          (2,593,810)           (672,391)
                                                  ----------------   ----------------     ----------------     ---------------

Net Loss for period                                             -                  -             (25,415)            (25,415)
                                                  ----------------   ----------------     ----------------     ---------------

Balance - June 30, 2001                                15,362,970         $1,921,419         $(2,619,225)         $ (697,806)
                                                  ================   ================     ================     ===============


                           The accompanying notes are an integral part of these financial statements.



                             SUN RIVER MINING, INC.
                          Notes to Financial Statements
                                  June 30, 2001
                                   (Unaudited)

NOTE 1 - PRESENTATION OF INTERIM INFORMATION:

In the opinion of the  management of Sun River Mining,  Inc.,  the  accompanying
unaudited  financial  statements  include  all  normal  adjustments   considered
necessary to present  fairly the financial  position as of June 30, 2001 and the
results of operations for the three-months ended June 30, 2001 and 2000, and the
nine-months  ended June 30,  2001 and 2000,  and cash flows for the  nine-months
ended June 30, 2001.  Interim results are not necessarily  indicative of results
for a full year.

The financial  statements and notes are presented as permitted by Form 10-Q, and
do not contain certain  information  included in the Company's audited financial
statements  and notes for the fiscal  year ended  September  30,  2000,  and the
reader is  cautioned  to review the Audited  Financial  Statements  for the year
ended September 30, 2000 and accompanying footnotes thereto.




ITEM 2.

          MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                           AND RESULTS OF OPERATIONS

RESULTS OF OPERATIONS FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2001 COMPARED TO
THE SAME PERIOD IN 2000.



     The Company  incurred  operating  expenses  for the three  month  period of
$6,733 in 2001  compared  to $50,815  in the same  period in 2000.  The  Company
recorded a net  operating  loss of $(11,870)  for the 2001 period as compared to
($56,204)  for the same  period in fiscal  year 2000.


     The Company losses will continue  until business and profitable  operations
are achieved. While the Company is seeking capital sources for investment, there
is no assurance  that capital  sources can be found.  The loss per share for the
fiscal quarter was less than ($.01) in 2001 and 2000.


RESULTS OF OPERATIONS  FOR THE NINE MONTH PERIOD ENDED JUNE 30, 2001 COMPARED TO
THE SAME PERIOD IN 2000.


     The  Company  incurred  operating  expenses  for the nine  month  period of
$10,004 in 2001 compared to $180,367 in the same nine month period in 2000.  The
Company  recorded  a net  operating  loss of  $(25,415)  for the 2001  period as
compared to ($150,748) for the same period in fiscal year 2000. In the period in
2000 the Company had an  extraordinary  gain of $40,397 from the  forgiveness of
debt.


     The Company losses will continue  until business and profitable  operations
are achieved. While the Company is seeking capital sources for investment, there
is no assurance  that capital  sources can be found.  The loss per share for the
period was less than ($.01) in 2001 and 2000.


LIQUIDITY AND CAPITAL RESOURCES


     The  Company had  current  assets of $2 and $808 in fixed  assets for total
assets  of $810 at the end of the  period.  The  Company  will be forced to make
private  placements  of  stock  in  order  to fund  operations  continuance.  No
assurance exists as to the ability to make private  placements of stock. At June
30, 2001, it had no accounts receivable.  The Company has current liabilities of
$698,616 which exceed current assets by approximately $697,806.



                                     PART II

                                OTHER INFORMATION

Item 1.           Legal Proceedings - None.

Item 2.           Changes in securities - None.

Item 3.           Defaults upon senior securities - None.

Item 4.           Submission of matters to a vote of security holders - None.

Item 5.           Other information - None.

Item 6.           Exhibits and reports on Form 8-K

                         (a)  The  following  are  filed  as  Exhibits  to  this
                    Quarterly Report.  The numbers refer to the Exhibit Table of
                    Item 601 of Regulation S-K:

                                    None.

                         (b) Reports on Form 8-K filed  during the three  months
                    ended June 30, 2001. (incorporated by reference)

                                    None.







                                   Signatures

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf of the
undersigned thereunto duly authorized.


Dated: January 14, 2002


                                          SUN RIVER MINING, INC.



                                          by:/s/Stephen B. Doppler
                                          Stephen B. Doppler, President