SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
February 26, 1997
ROYAL OAK MINES INC.
(Exact name of registrant as specified in its charter)
Commission File Number 1-4350
ONTARIO, CANADA 98-0160821
(State or other jurisdiction of (I.R.S. Employer Identification
incorporation or organization) No.)
c/o Royal Oak Mines (USA) Inc.
5501 Lakeview Drive
Kirkland, Washington
U.S.A. 98033
(Address of principal executive offices) (Postal/Zip Code)
(206) 822-8992
Registrant's telephone number, including
area code
Item 5. Other Events
On February 24, 1997, the Registrant issued the following press
release:
[Royal Oak Mines Inc. Press Release Letterhead]
FOR IMMEDIATE RELEASE FROM KIRKLAND
February 24, 1997
Petition to Stay the Kemess Project
Royal Oak Mines Inc. (TSE and AMEX: RYO) announced today that it has
received notice that the Tsay Keh Dene Band has filed a petition against
the Ministers of Environment, Lands and Parks, and Employment and
Investment for the Province of British Columbia seeking an order to set
aside and declare to be null and void the Project Approval Certificate
granted by the Provincial Government on April 29, 1996 and staying the
operation of that Certificate as regards the Company's Kemess project
located in north central British Columbia. The Company believes that the
application is without merit.
Issuance of the Certificate allowed Royal Oak to proceed with construction
of the project which commenced in July of 1996 and is now approximately 45%
complete. The Certificate was issued after a four-year comprehensive
review process, during which time all parties and stakeholders in the
project and region were consulted and had full opportunity to comment on
the project and related matters.
Royal Oak has itself been in consultation with various First Nations Bands
during the construction phase of the project, including the Tsay Keh Dene
Band, and has awarded a number of construction contracts on the Kemess
project to the First Nations. The Company will take every step necessary
to obtain dismissal of the petition and is proceeding with the project
which is currently on time and on budget for start-up in the second
quarter of 1998.
For further information contact: or in Europe contact:
J.Graham Eacott Mr. David Williamson
Vice President, Investor Relations David Williamson Associates
Royal Oak Mines International InvestorRelations
5501 Lakeview Drive 78 Old Broad Street, 3rd Floor
Kirkland, WA 98033 London, England EC2M 1QP
Telephone: (206)822-8992 Telephone: 011-44-171-628-3989
Facsimile: (206)822-3552 Facsimile: 011-44-171-920-0563
SIGNATURE
Pursuant to the requirements of Section 12 of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
ROYAL OAK MINES INC.
Date: February 26, 1997 By: /s/ James H. Wood
James H. Wood
Chief Financial Officer
