ENGLEWOOD, Colo., April 22 /PRNewswire/ -- Richard C. Kraus has resigned
as president, chief executive officer and a director of Echo Bay Mines Ltd.
(AMEX and TSE: ECO).
    His responsibilities will be assumed on an interim basis by Robert L.
Leclerc, Q.C.  Leclerc has served the company as chairman since May 1996 and a
director since 1992.
    In announcing the management changes, Leclerc said:  "Richard Kraus played
a major role in Echo Bay's growth.  He was instrumental in the acquisition of
our two largest mines, Round Mountain in 1984 and McCoy/Cove in 1986.  His
keen strategic planning accomplishments have helped to position this company
for sound financial and organizational growth into the next century.  We are
grateful for his significant contributions over the past 17 years, and we wish
him every success in the future.  It is time now to move forward into our next
growth phase with new leadership."
    Leclerc, 52, served as Echo Bay's primary outside legal counsel for more
than 15 years and as a director of Echo Bay since 1992.  He had been chairman
and chief executive officer of Milner Fenerty, a major Canadian law firm
located in Calgary and Edmonton.
    Kraus was named president of Echo Bay in 1991, a director in 1992, and
chief executive officer in 1994.
    Echo Bay is a major gold producer with mines in Canada and the United
States and with exploration and development projects on four continents.  The
primary markets for its common shares are the American and Toronto stock
exchanges.

Link to this page: