<PAGE>
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): May 21, 1999
BATTLE MOUNTAIN GOLD COMPANY
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
Nevada 1-9666 76-0151431
(STATE OR OTHER JURISDICTION (COMMISSION FILE NUMBER) (IRS EMPLOYER
OF INCORPORATION) IDENTIFICATION NO.)
333 Clay Street, 42nd Floor
Houston, Texas 77002
(ADDRESS, OF PRINCIPAL EXECUTIVE (ZIP CODE)
OFFICES)
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Registrant's telephone number, including area code: (713) 650-6400
Not applicable
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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ITEM 5. OTHER EVENTS.
5.1 Attached hereto as Exhibit 99.1 and incorporated by reference
herein is a press release dated May 21, 1999.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
c) Exhibits.
99.1 Press Release issued by Battle Mountain Gold Company dated
May 21, 1999.
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: May 21, 1999 BATTLE MOUNTAIN GOLD COMPANY
(Registrant)
By: /s/ Greg V. Etter
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Name: Greg V. Etter
Title: Vice President, General Counsel
and Corporate Secretary
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EXHIBIT 99.1
BATTLE MOUNTAIN GOLD SAYS LAW OVERTURNS CROWN JEWEL PLAN OF OPERATIONS
DENIAL AND RECORD OF DECISION REVOCATION
Houston, May 21, 1999 -- Battle Mountain Gold Company (BMG-NYSE;
BMC-TSE) today said that President Clinton has signed the Supplemental
Appropriations Act, which includes a provision overturning the previously
announced agency decision that denied the Plan of Operations (POO) and
revoked the Record of Decision (ROD) for the Crown Jewel project. The
provision in part reads that "as soon as practicable...the Departments of the
Interior and Agriculture shall approve the plan of operations and reinstate
the record of decision for the Crown Jewel project."
BMG President and Chief Executive Officer, Ian D. Bayer, said, "We
are thankful to those in both houses of Congress who had the courage to
address the injustice represented by the denial of our POO and revocation of
the ROD. We do not believe that the denial and revocation were ever in
accordance with the law. We are looking forward to prompt receipt of final
approval of the POO and reinstatement of the ROD."
"This was not an environmental issue," Bayer emphasized, "it was a
legal issue and one of equity. Battle Mountain is looking forward to
completion of the remaining permitting process and development of the mine.
We have needlessly lost some time," he added, "but we are anxious to get the
project back on track."
The denial which was overturned was based on a novel interpretation
of the mining law, with which the Company did not agree. The novel
interpretation was that a project cannot rely on a greater number of mill
site claims than the number of associated lode mining claims being developed.
The United States Private Securities Litigation Reform Act of 1995
provides a "safe harbor" for certain forward-looking statements. Operating,
exploration and financial data, and other statements in this document, are
based on information that the Company believes reasonable, but involve
significant uncertainties as to future gold prices, costs, ore grades, mining
and processing conditions, and regulatory and permitting matters. Actual
results and timetables could vary significantly from the estimates presented.
Also refer to the cautionary statement contained in the Company's Form 10-K
and 10-Q for the most recent reporting periods.
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