SISKON GOLD CORP
8-K, 1997-11-12
MINERAL ROYALTY TRADERS
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                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:  November 6, 1997




                      SISKON GOLD CORPORATION






  CALIFORNIA                      0-19502               68-0254824
(State or other               (Commission         (I.R.S. Employer
Jurisdiction of                File Number)       Identification No.)
Incorporation)





     350 CROWN POINT CIRCLE, SUITE 100, GRASS VALLEY, CA 95945
       (Address of principal executive offices)   (Zip Code)




Registrant's telephone number, including area code:  (916) 273-4311


<PAGE>

Item 4.   Changes in Registrant's Certifying Accountant.


     On  November  5, 1997 the Company's principal independent accountants,
Coopers & Lybrand L.L.P.  ("Coopers  & Lybrand"), resigned.  The reports of
Coopers & Lybrand on the Company's financial statements for the years ended
December 31, 1995 and 1996 did not contain an adverse opinion or disclaimer
of opinion or qualification of modifications as to uncertainty, audit scope
or accounting principles.  During the  relationship between the Company and
Coopers & Lybrand there were no disagreements  regarding  any  matters with
respect to accounting practices, financial statement disclosure,  or  audit
scope or procedure, which disagreements, if not resolved, would have caused
Coopers  &  Lybrand  to  make  reference  to  the  subject  matter  of  the
disagreement  in connection with its report.  The change in accountants was
not recommended  nor  approved  by  the Company's Board of Directors or any
committee of the Board of Directors.


                            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.



                                   Siskon Gold Corporation



Dated: November 6, 1997            TIMOTHY A. CALLAWAY
                                   Timothy A. Callaway
                                   President & CEO and
                                   Chairman of the Board






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