MORGENSTERN & ALEXANDER
                   CERTIFIED PUBLIC ACCOUNTANTS
                     350 Broadway, 4th Floor
                     New York, NY 10013-3911
                       TEL: (212) 925-9490
                       FAX: (212)226-9134 
 
  
 
 
             CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS 
 
 
 
Shareholders and Board of Directors 
Maxam Gold Corporation and subsidiary
 
 
     We have issued our report dated May 20, 1997, accompanying
the consolidated financial statements of Maxam Gold Corporation
and subsidiary contained in the SB-2 Registration Statement.  We
consent tot eh use of the aforementioned report in the SB-2
Registration Statement and to the use of our name as it appears
under the caption "Experts".
 
 
                              /s/ Morgenstern & Alexander 
                              Morgenstern & Alexander 
                              Certified Public Accountants
 
 
New York, New York
October 20, 1997