Exhibit 20.1
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[LETTERHEAD OF CROWN RESOURCES APPEARS HERE]

                                                                NEWS FOR RELEASE

                                                                    March 2,1998

             CROWN COMPLETES FINANCING AND INSIDERS INCREASE STAKE

DENVER, COLORADO - Crown Resources Corporation today announced it received
$4.625 million from an equity financing (after commission and offering
expenses) through the private placement of 1.04 million shares of Crown common
stock priced at $4.625 per share. One million shares were purchased by a single
London-based institutional investor. David Williamson Associates Limited of
London acted as agent for Crown in the transaction. Use of proceeds will be for
general corporate purposes.

In other corporate activities, Crown insiders increased their net share position
in Crown through the exercise of options due to expire on February 28, 1998. The
net increase of share ownership by officers and directors was 59,000 shares.
Including employee option exercises, over $495,000 in cash was added to Crown
through the exercise of 159,166 options. Crown now has 14,520,725 shares
outstanding, including both the recently exercised options and the private
placement. Crown's consolidated cash balance stands at $10.2 million.

The financing and increased holdings by insiders follows the recent announcement
by Crown's 57.2% held subsidiary, Solitario Resources Corporation (Toronto Stock
Exchange: SLR), that it had received $300,000 from Cominco (Peru) S.R.L.,
allowing Cominco to extend its successful exploration program on Solitario's
180,000 acre Bongara zinc property. Furthermore, Crown's joint venture partner,
Battle Mountain Gold, is earning a 54% interest in the Crown Jewel project by
funding all development costs through commercial production.

Christopher E. Herald, President of Crown, commented, "Given the fact that our
two primary projects are fully funded by our partners, this financing and option
exercise greatly strengthens Crown's balance sheet. This is the first placement
of Crown shares in over ten years and demonstrates the market's continued
confidence in Crown's assets and operating strategy and the commitment of
Crown's directors and management to the Company's future."

Crown Resources Corporation is a precious metals exploration company listed on
the NASDAQ National Market System under the trading symbol CRRS and on the
Toronto Stock Exchange under the symbol CRO.

FOR MORE INFORMATION, CONTACT:

Debbie W. Mino:          (800) 229-6827 or (713) 682-4070
                         http://www.crownresources.com.
                         E-mail: dwmino@compassnet.com
Christopher E. Herald:   (303) 534-1030

The information set forth above includes "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 and is subject to the safe harbor created by
those sections. Factors that could cause results to differ materially from those
projected in the forward-looking statements include, but are not limited to the
timing of receipt of necessary governmental permits, the market price of metals,
results of current exploration activities and other risk factors detailed in the
Company's Securities and Exchange Commission, filings.