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The Colorado Mines Orediggers, led by head coach John Mason, compiled a perfect 8–0 record and won the RMC championship. They led the RMC in both scoring offense (33.5 points per game) and scoring defense (8.8 points per game). Colorado Mines wingback Lloyd Madden led the nation with 143 points scored.
The 1939 Colorado Mines Orediggers football team represented the Colorado School of Mines of Golden, Colorado. In their third year under head coach John Mason, the Orediggers compiled a perfect 8–0 record, outscored opponents by a total of 268 to 44, and won the RMC championship.
Colorado Mines was ranked at No. 93 (out of 609 teams) in the final Litkenhous Ratings for 1939.
Colorado Mines wingback Lloyd Madden won the national scoring title with 141 points scored (23 touchdowns and three extra points). He broke the RMC scoring record set in 1937 by Byron White. He was selected by the Chicago Cardinals with the 16th overall pick in the 1940 NFL draft.
Colorado Mines secured eight of eleven first-team spots on the Associated Press All-Rocky Mountain Conference football team. Six were also given first-team conference honors by the United Press. The first-team honorees were: backs Madden (AP-1, UP-1), Joe Berta (AP-1), Jacky Torpey (AP-1, UP-1), and Taylor (UP-1); end Rex Flynn (AP-1, UP-1); tackles Marv Katzenstein (AP-1, UP-1) and Dick Moe (AP-1, UP-1); guard Dave Geiskieng (AP-1, UP-1); and center Herbert Thornton (AP-1).
The 1939 Colorado State–Greeley Bears football team represented Colorado State College at Greeley, Colorado (now known as the University of Northern Colorado). In their eighth year under head coach John W. Hancock, the Bears compiled a 4–4 record (3–1 against RMC opponents) and finished in second place out of five teams in the RMC.
Colorado State–Greeley was ranked at No. 225 (out of 609 teams) in the final Litkenhous Ratings for 1939.
The team played its home games at Jackson Field in Greeley, Colorado.
The 1939 Western State Mountaineers football team represented Western State College of Colorado at Gunnison, Colorado (now known as the Western Colorado University). In their fifth year under head coach Paul Wright, the Mountaineers compiled a 2–5–1 record (1–2 against RMC opponents) and finished in third place out of five teams in the RMC.
The 1939 Montana State Bobcats football team represented Montana State College (later renamed Montana State University) of Bozeman, Montana. In their tenth season under head coach Schubert R. Dyche, the Bobcats compiled a 2–7 record (0–2 against conference opponents) and finished in fourth place out of five teams in the RMC.
Montana State was ranked at No. 252 (out of 609 teams) in the final Litkenhous Ratings for 1939.
The 1939 Colorado College Tigers football team represented Colorado College of Colorado Springs, Colorado. In their 14th and final season under head coach William T. Van de Graaff, the Tigers compiled a 2–5–1 record (0–4 against RMC opponents) and finished in last place out of five teams in the RMC. The team played its home games at Washburn Field in Colorado Springs.