U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(CHECK ONE:)
<square> Form 10-K and 10-KSB <square> Form 20-F <square> Form 11-K
<checked-box> Form 10-Q and 10-QSB <square> Form N-SAR
For Period Ended: SEPTEMBER 30, 1996
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
PART I -- REGISTRANT INFORMATION
Full Name of Registrant
Siskon Gold Corporation
Former Name if Applicable
Address of Principal Executive Office (STREET AND NUMBER)
350 Crown Point Circle, Suite 100
City, State and Zip Code
Grass Valley, CA 95945
PART II -- RULES 12B - 25(B) AND (C)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)
<checked-box> (a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable effort or
expense;
(b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-K, Form 11-K, Form N-SAR or a portion thereof
will be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report or transition
report on Form 10-Q or portion thereof will be filed on or before
the fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule 12b-
25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Form 10-K and 10-KSB, 20-F,
11-K, 10-Q and 10-QSB, N-SAR, or the transition report or portion thereof
could not be filed within the prescribed period.
Siskon Gold Corporation is currently in negotiations to raise
additional working capital. The result of the negotiations may affect the
financial condition of Siskon. Therefore, additional time is necessary to
complete Siskon's Form 10-QSB for the quarter ended September 30, 1996.
(Attached Extra Sheets if Needed).
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
MICHAEL K. EPSTEIN 916 273-4311
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under section 13 or 15(d)
of the Securities Exchange Act of 1934 or section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is
no, identify report(s).
<checked-box> Yes
<square> No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report or
portion thereof?
<checked-box> Yes
<square> No
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
For the quarter ended September 30, 1996, Siskon incurred a net loss of
$1,057,372 compared to a net loss of $137,648 for the quarter ended September
30, 1995. The increased loss in 1996 compared to 1995 was primarily
attributable to the recognition of revenues, production costs, non-cash costs
and royalties commending in mid-May 1996 when Siskon commenced commercial
production at the San Juan Mine.
SISKON GOLD CORPORATION
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 12, 1996 By: /S/ MICHAEL K. EPSTEIN
Michael K. Epstein,
Chief Financial Officer
