ECHO BAY MINES LTD
8-K, 1997-03-06
GOLD AND SILVER ORES
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<PAGE>   1

                       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



        Date of Report (Date of earliest event reported):  March 6, 1997



                              ECHO BAY MINES LTD.
            (Exact name of registrant as specified in its charter)

                                      
       Incorporated under the
           laws of Canada              1-8542                  NONE
   (State or other jurisdiction     (Commission          (IRS Employer
         of incorporation)          File Number)       Identification No.)



     6400 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 1000      
                 ENGLEWOOD, COLORADO                            80111-4957
         (Address of principal executive offices)               (Zip Code)



     Registrant's telephone number, including area code:  (303) 714-8600
<PAGE>   2

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.


         (c) Exhibits

23.1             Consent of Ernst & Young, independent chartered accountants, 
                 dated March 6, 1997.


                                    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 by the
undersigned hereunto duly authorized.


Date:  March 6, 1997                       ECHO BAY MINES LTD.
                                              (Registrant)


                                           By: /s/ Gerald A. Tywoniuk
                                               Gerald A. Tywoniuk
                                               Vice President and Controller


                                      -2-
<PAGE>   3
                                EXHIBIT INDEX

Exhibit
Number                     Exhibit Description
- -------                    -------------------

 23.1            Consent of Ernst & Young, independent chartered accountants, 
                 dated March 6, 1997.


<PAGE>   1
                                                                    Exhibit 23.1


              CONSENT OF INDEPENDENT CHARTERED ACCOUNTANTS


     We consent to the reference to our firm under the caption "Experts" and
to the use of our report dated January 27, 1997, in the Prospectus Supplement
dated March 6, 1997 to the Prospectus of Echo Bay Mines Ltd. dated July 15,
1994 contained in its Registration Statement (Form S-3 No. 33-77738).




                                       /s/ Ernst & Young
                                       Chartered Accountants


Edmonton, Canada
March 6, 1997


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