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:   May 22, 1998




                  ALANCO ENVIRONMENTAL RESOURCES CORPORATION
           --------------------------------------------------------
            (Exact name of registrant as specified in its charter)



                Arizona                             86-0220694
          ----------------------------------------------------------
            (State or other jurisdiction           (I.R.S. Employer
         of incorporation or organization)        Identification No.)
                                               
                                               
                                                      
        15900 North 78th Street, Suite 101, Scottsdale, Arizona  85260
      -------------------------------------------------------------------
       (Address of principal executive offices)                (Zip Code)



                                (602) 607-1010
             ----------------------------------------------------
             (Registrant's telephone number, including area code)<PAGE>

Item 4. Change in Registrant's Certifying Accountant

     Effective May 22, 1998, Singer Lewak Greenbaum & Goldstein LLP, the
Registrant's Certifying Accountant for the past two fiscal years, were
replaced.  Hein & Associates LLP, Certified Public Accountants, were engaged to
serve as the Registrant's new auditors.  The selection of Hein & Associates
LLP, was approved by the Audit Committee of the Registrant's Board of
Directors.

     Singer Lewak Greenbaum & Goldstein LLP's report on the financial
statements for the fiscal years ended June 30, 1996 and 1997 contained an
explanatory paragraph regarding the Registrant's ability to continue as a going
concern.  Singer Lewak Greenbaum & Goldstein LLP's reports have not contained
an adverse opinion or a disclaimer of opinion, or were qualified or modified as
to uncertainty, audit scope, or accounting principles.  Nor has there been any
disagreement with Singer Lewak Greenbaum & Goldstein LLP on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope or procedure.  Singer Lewak Greenbaum & Goldstein LLP has not advised the
Registrant that the internal controls necessary for the Registrant to develop
reliable financial statements do not exist.  Nor has Singer Lewak Greenbaum &
Goldstein LLP advised the Registrant that information has come to their
attention that has led them to no longer be able to rely on management's
representations, or that has made them unwilling to be associated with the
financial statements prepared by management.  Singer Lewak Greenbaum &
Goldstein LLP has not advised the Registrant of the need to expand
significantly the scope of their audit, or that information has come to their
attention that if further investigated may materially impact the fairness or
reliability of either: a previously issued audit report or the underlying
financial statements; or the financial statements issued or to be issued
covering the fiscal period(s) subsequent to the date of the most recent
financial statements covered by an audit report (including information that may
prevent them from rendering an unqualified audit report on those financial
statements), or cause them to be unwilling to rely on management's
representations or be associated with the Registrant's financial statements. 
Nor has Singer Lewak Greenbaum & Goldstein LLP advised the Registrant that
information has come to their attention that they have concluded materially
impacts the fairness or reliability of either (i) a previously issued audit
report or the underlying financial statements, or (ii) the financial statements
issued or to be issued covering the fiscal period(s) subsequent to the date of
the most recent financial statements covered by an audit report (including
information that, unless resolved to the accountant's satisfaction, would
prevent it from rendering an unqualified audit report on those financial
statements).  Nor has Singer Lewak Greenbaum & Goldstein LLP advised the
Registrant of any other reportable event.

     The Registrant has provided Singer Lewak Greenbaum & Goldstein LLP with a
copy of the disclosure contained herein and has requested that Singer Lewak
Greenbaum & Goldstein LLP provide the Registrant with a letter addressed to the
U.S. Securities and Exchange Commission stating whether they agree with the
disclosure.  Singer Lewak Greenbaum & Goldstein LLP has provided such a letter,
which is attached hereto as an Exhibit to this Current Report on Form 8-K.












                                       2<PAGE>
Item 7.   Financial Statements and Exhibits.

     (C)  Exhibits

     16.1 Letter re Change in Certifying Accountant of Singer Lewak Greenbaum 
          & Goldstein LLP, dated May 22, 1998.


























































                                       3<PAGE>
                                   SIGNATURE


     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 thereunder duly authorized.

                                   ALANCO ENVIRONMENTAL
                                   RESOURCES CORPORATION
                                   -----------------------------
                                   (Registrant)




                                   /s/Joseph T. Connelly
                                   -----------------------------
                                   Joseph T. Connelly
                                   Chief Financial Officer

Date:      5/22/98
     ------------------










































                                       4<PAGE>
                                 EXHIBIT INDEX

EXHIBIT
NUMBER                   DESCRIPTION

16.1      Letter re Change in Certifying Accountant of Singer Lewak Greenbaum 
          & Goldstein LLP, dated May 22, 1998.

























































                                       5<PAGE>
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{"company-data": {"conformed-name": "ALANCO ENVIRONMENTAL RESOURCES CORP", "cik": "0000098618", "assigned-sic": "3564", "irs-number": "860220694", "state-of-incorporation": "AZ", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-09347", "film-number": "98630778"}, "business-address": {"street1": "15900 N 78TH ST", "street2": "SUITE 101", "city": "SCOTTSDALE", "state": "AZ", "zip": "85260", "phone": "602-607-1010"}, "mail-address": {"street1": "15900 N 78TH ST", "street2": "SUITE 101", "city": "SCOTTSDALE", "state": "AZ", "zip": "85260"}, "former-company": [{"former-conformed-name": "ALANCO RESOURCES CORP", "date-changed": "19920703"}, {"former-conformed-name": "ALANCO LTD", "date-changed": "19901004"}, {"former-conformed-name": "TOMBSTONE MINERAL RESERVES INC", "date-changed": "19801106"}]}
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:   May 22, 1998

                  ALANCO ENVIRONMENTAL RESOURCES CORPORATION
           --------------------------------------------------------
            (Exact name of registrant as specified in its charter)

                Arizona                             86-0220694
          ----------------------------------------------------------
            (State or other jurisdiction           (I.R.S. Employer
         of incorporation or organization)        Identification No.)
                                               
                                               
                                                      
        15900 North 78th Street, Suite 101, Scottsdale, Arizona  85260
      -------------------------------------------------------------------
       (Address of principal executive offices)                (Zip Code)

                                (602) 607-1010
             ----------------------------------------------------
             (Registrant's telephone number, including area code)
Item 4. Change in Registrant's Certifying Accountant

     Effective May 22, 1998, Singer Lewak Greenbaum & Goldstein LLP, the
Registrant's Certifying Accountant for the past two fiscal years, were
replaced.  Hein & Associates LLP, Certified Public Accountants, were engaged to
serve as the Registrant's new auditors.  The selection of Hein & Associates
LLP, was approved by the Audit Committee of the Registrant's Board of
Directors.

     Singer Lewak Greenbaum & Goldstein LLP's report on the financial
statements for the fiscal years ended June 30, 1996 and 1997 contained an
explanatory paragraph regarding the Registrant's ability to continue as a going
concern.  Singer Lewak Greenbaum & Goldstein LLP's reports have not contained
an adverse opinion or a disclaimer of opinion, or were qualified or modified as
to uncertainty, audit scope, or accounting principles.  Nor has there been any
disagreement with Singer Lewak Greenbaum & Goldstein LLP on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope or procedure.  Singer Lewak Greenbaum & Goldstein LLP has not advised the
Registrant that the internal controls necessary for the Registrant to develop
reliable financial statements do not exist.  Nor has Singer Lewak Greenbaum &
Goldstein LLP advised the Registrant that information has come to their
attention that has led them to no longer be able to rely on management's
representations, or that has made them unwilling to be associated with the
financial statements prepared by management.  Singer Lewak Greenbaum &
Goldstein LLP has not advised the Registrant of the need to expand
significantly the scope of their audit, or that information has come to their
attention that if further investigated may materially impact the fairness or
reliability of either: a previously issued audit report or the underlying
financial statements; or the financial statements issued or to be issued
covering the fiscal period(s) subsequent to the date of the most recent
financial statements covered by an audit report (including information that may
prevent them from rendering an unqualified audit report on those financial
statements), or cause them to be unwilling to rely on management's
representations or be associated with the Registrant's financial statements. 
Nor has Singer Lewak Greenbaum & Goldstein LLP advised the Registrant that
information has come to their attention that they have concluded materially
impacts the fairness or reliability of either (i) a previously issued audit
report or the underlying financial statements, or (ii) the financial statements
issued or to be issued covering the fiscal period(s) subsequent to the date of
the most recent financial statements covered by an audit report (including
information that, unless resolved to the accountant's satisfaction, would
prevent it from rendering an unqualified audit report on those financial
statements).  Nor has Singer Lewak Greenbaum & Goldstein LLP advised the
Registrant of any other reportable event.

     The Registrant has provided Singer Lewak Greenbaum & Goldstein LLP with a
copy of the disclosure contained herein and has requested that Singer Lewak
Greenbaum & Goldstein LLP provide the Registrant with a letter addressed to the
U.S. Securities and Exchange Commission stating whether they agree with the
disclosure.  Singer Lewak Greenbaum & Goldstein LLP has provided such a letter,
which is attached hereto as an Exhibit to this Current Report on Form 8-K.

                                       2
Item 7.   Financial Statements and Exhibits.

     (C)  Exhibits

     16.1 Letter re Change in Certifying Accountant of Singer Lewak Greenbaum 
          & Goldstein LLP, dated May 22, 1998.

                                       3
SIGNATURE

     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 thereunder duly authorized.

                                   ALANCO ENVIRONMENTAL
                                   RESOURCES CORPORATION
                                   -----------------------------
                                   (Registrant)

                                   /s/Joseph T. Connelly
                                   -----------------------------
                                   Joseph T. Connelly
                                   Chief Financial Officer

Date:      5/22/98
     ------------------

                                       4
EXHIBIT INDEX

EXHIBIT
NUMBER                   DESCRIPTION

16.1      Letter re Change in Certifying Accountant of Singer Lewak Greenbaum 
          & Goldstein LLP, dated May 22, 1998.

                                       5