SILVERADO GOLD MINES LTD
8-K, 1997-12-15
GOLD AND SILVER ORES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                        Pursuant to Section 13 or 15d of
                       the Securities Exchange Act of 1934




                                November 30, 1997
                                -----------------
                                (Date of Report)



                            SILVERADO GOLD MINES LTD.
                            -------------------------
             (Exact Name of Registrant as specified in its charter)



                            British Columbia, Canada
                            ------------------------
                 (State or other jurisdiction of incorporation)



                  0-12132                            98-0045034
         ------------------------              --------------------------
         (Commission File Number)              (IRS Employer I.D. Number)



                       Suite 505, 1111 West Georgia Street
                   Vancouver, British Columbia, Canada V6E 4M3
                   -------------------------------------------
           (Address of principal executive offices including zip code)


                                 (604) 689-1535
                                 --------------
               (Registrant's telephone number including area code)



<PAGE>


Item 9. Sales of Equity Securities Pursuant to Regulation S.

     On November 30, 1997 the Company  completed the sale of 1,000,000 shares of
Common Stock at a price of $.20 per share, for total gross proceeds of $200,000,
to one offshore investor.

     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, thereunto duly authorized, on this 12th day of December, 1997.

                                              SILVERADO GOLD  MINES LTD.


                                              By: /s/ G. L. Anselmo
                                              ---------------------

                                              G. L. ANSELMO
                                              President, Chief Executive Officer



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