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        February 28, l998 
 
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 
February 28, l998. 

<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 - Notice President deceased. 
 
   
  
                                 
 
<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 
 
 
March 22, l998                     Mary C. MacGuire         
Date                               Mary c. MacGuire             
                                   Principal Financial Officer 
 
 
March 22, l998                     Delores H. MacQueen         
Date                               Delores H. MacQueen             
                                   Secretary
[{"type": "10-Q", "sequence": "1", "secsgml_size_bytes": 3487}]
{"company-data": {"conformed-name": "NUGGET EXPLORATION INC", "cik": "0000356590", "assigned-sic": "1040", "irs-number": "830250943", "state-of-incorporation": "NV", "fiscal-year-end": "0531"}, "filing-values": {"form-type": "10-Q", "act": "34", "file-number": "000-10210", "film-number": "98576583"}, "business-address": {"street1": "815 SOUTH DURBIN ST", "city": "CASPER", "state": "WY", "zip": "82601", "phone": "3072349151"}, "mail-address": {"street1": "815 SOUTH DURBIN ST", "city": "CASPER", "state": "WY", "zip": "82601"}}
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        February 28, l998 
 
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 
February 28, l998.
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.
PART II - OTHER INFORMATION 
 
 
Items 1 through 5 - Not Applicable

Item  6- 
 
        a. Exhibits - None 
 
        b. Reports on Form 8-K - Notice President deceased.
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 
 
 
March 22, l998                     Mary C. MacGuire         
Date                               Mary c. MacGuire             
                                   Principal Financial Officer 
 
 
March 22, l998                     Delores H. MacQueen         
Date                               Delores H. MacQueen             
                                   Secretary