AS  FILED  WITH  THE  SECURITIES  AND  EXCHANGE  COMMISSION ON APRIL 6, 2000
                                               REGISTRATION NO. 333-____________



                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
                              ____________________

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      Under
                           THE SECURITIES ACT OF 1933
                              ____________________

                            SAF-T-HAMMER CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)



             NEVADA                                           87-0543688
(State or Other Jurisdiction of                            (I.R.S. Employer
Incorporation or Organization)                            Identification No.)





                         14500 N. Northeight Suite 221
                          Scottsdale, Arizona  94087
          (Address of Principal Executive Offices, Including Zip Code)

                              Consulting Agreement
                            (Full Title of the Plan)
                              ____________________

                               Mitchell L. Saltz
                                   President
                          14500 N. Northsight Suite 221
                                (480) 949-9700
           (Name, Address, and Telephone Number of Agent for Service)


                        CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>

<S>                  <C>           <C>                         <C>                        <C>
Title of Securities  Amount to be  Proposed Maximum            Proposed Maximum           Amount of
to be Registered     Registered    Offering Price per Share    Aggregate Offering Price   Registration Fee


Common Stock,
par value $0.001        250,000     $ 1.625 (1)                $ 406,250                    $ 107.25


(1)     Estimated  solely  for  the  purpose  of  computing  the  amount  of the
registration  fee  pursuant  to Rule 457(c) based on the closing market price on
April 5, 2000.

</TABLE>



<PAGE>
                                EXPLANATORY NOTE

Saf-T-Hammer  Corporation  ("SAFH")  has prepared this Registration Statement in
accordance  with  the requirements of Form S-8 under the Securities Act of 1933,
as  amended  (the  "1933  Act"), to register certain shares of common stock, par
value  $0.001 per share, issued to certain selling shareholders.  Under cover of
this Form S-8 is a Reoffer Prospectus SAFH prepared in accordance with Part I of
Form  S-3  under  the  1933  Act.  The  Reoffer  Prospectus  may be utilized for
reofferings  and resales of up to 250,000 shares of common stock acquired by the
selling  shareholders.

<PAGE>
                                     PART I

INFORMATION  REQUIRED  IN  THE  SECTION  10(A)  PROSPECTUS

SAFH  will  send  or  give the documents containing the information specified in
Part  1  of  Form S-8 to employees or consultants as specified by Securities and
Exchange  Commission  Rule  428  (b)  (1)  under  the Securities Act of 1933, as
amended  (the  "1933 Act").  SAFH does not need to file these documents with the
commission  either  as part of this Registration Statement or as prospectuses or
prospectus  supplements  under  Rule  424  of  the  1933  Act.

<PAGE>



                               REOFFER PROSPECTUS

                            SAF-T-HAMMER CORPORATION
                         14500 N. Northeight Suite 221
                           Scottsdale, Arizona  94087
                                (480) 949-9747

                         250,000 SHARES OF COMMON STOCK


The  shares  of  common  stock,  $0.001  par  value  per  share, of Saf-T-Hammer
Corporation ("SAFH" or the "Company") offered hereby (the "Shares") will be sold
from  time  to  time  by  the  individuals listed under the Selling Shareholders
section of this document (the "Selling Shareholders").  The Selling Shareholders
acquired  the  Shares pursuant to a Consulting Agreement for consulting services
that  the  Selling  Shareholders  provided  to  SAFH.

The sales may occur in transactions on the over-the-counter market maintained by
Nasdaq at prevailing market prices or in negotiated transactions.  SAFH will not
receive  proceeds  from  any  of  the  sale  the Shares.  SAFH is paying for the
expenses  incurred  in  registering  the Shares except with respect to the legal
fees  incurred  in  connection therewith, which have completed by counsel to the
Consultants.

The  Shares  are  "restricted  securities" under the Securities Act of 1933 (the
"1933  Act")  before  their  sale  under  the  Reoffer  Prospectus.  The Reoffer
Prospectus has been prepared for the purpose of registering the Shares under the
1933  Act  to  allow  for future sales by the Selling Shareholders to the public
without  restriction.  To the knowledge of the Company, the Selling Shareholders
have  no  arrangement  with  any brokerage firm for the sale of the Shares.  The
Selling  Shareholders may be deemed to be an "underwriter" within the meaning of
the 1933 Act.  Any commissions received by a broker or dealer in connection with
resales  of the Shares may be deemed to be underwriting commissions or discounts
under  the  1933  Act.

SAFH's  common stock is currently traded on the NASDAQ Over-the-Counter Bulletin
Board  under  the  symbol "SAFHE."  Effective March 31, 2000, as a result of our
compliance with NASD Rule 6530, our common stock will be traded under the symbol
"SAFH."

This  investment  involves  a  high  degree  of risk.  Please see "Risk Factors"
beginning  on  page  10.

NEITHER  THE  SECURITIES  AND  EXCHANGE  COMMISSION  NOR  ANY  STATE  SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED WHETHER
THIS  REOFFER  PROSPECTUS  IS  TRUTHFUL  OR COMPLETE.  ANY REPRESENTATION TO THE
CONTRARY  IS  A  CRIMINAL  OFFENSE.
                            ________________________

                                  April 5, 2000

                                        1
<PAGE>
                                TABLE OF CONTENTS


Where  You  Can  Find  More  Information                   2
Incorporated  Documents                                    2
The  Company                                               4
Risk  Factors                                             10
Use  of  Proceeds                                         13
Selling  Shareholders                                     14
Plan  of  Distribution                                    14
Legal  Matters                                            15
Experts                                                   15
                            ________________________

You should only rely on the information incorporated by reference or provided in
this  Reoffer  Prospectus or any supplement.  We have not authorized anyone else
to  provide  you  with  different  information.  The  common  stock is not being
offered  in  any  state where the offer is not permitted.  You should not assume
that the information in this Reoffer Prospectus or any supplement is accurate as
of  any  date  other  than  the  date  on  the front of this Reoffer Prospectus.

WHERE  YOU  CAN  FIND  MORE  INFORMATION

SAFH is required to file annual, quarterly and special reports, proxy statements
and other information with the Securities and Exchange Commission (the "SEC") as
required  by  the  Securities Exchange Act of 1934, as amended (the "1934 Act").
You  may  read  and copy any reports, statements or other information we file at
the  SEC's  Public  Reference  Rooms  at:

                 450 Fifth Street, N.W., Washington, D.C. 20549;
           Seven World Trade Center, 13th Floor, New York, N.Y. 10048

Please  call  the  SEC  at  1-800-SEC-0330 for further information on the Public
Reference  Rooms.  Our  filings are also available to the public from commercial
document  retrieval  services  and  the  SEC  website  (http://www.sec.gov).

INCORPORATED  DOCUMENTS

The  SEC allows SAFH to "incorporate by reference" information into this Reoffer
Prospectus,  which  means that the Company can disclose important information to
you  by  referring  you  to another document filed separately with the SEC.  The
information  incorporated  by  reference  is  deemed  to be part of this Reoffer
Prospectus, except for any information superseded by information in this Reoffer
Prospectus.


                                        2
<PAGE>

SAFH's  Report  on  Form  8-K,  dated  April  3,  2000 is incorporated herein by
reference.  The  Form  10-SB  of  Lost  Coast  Ventures,  Inc.  (the  Company's
predecessor),  filed  with  the  Commission  on January 19, 2000 is incorporated
herein  by reference.  In addition, all documents filed or subsequently filed by
the  Company  under  Sections 13(a), 13(c), 14 and 15(d) of the 1934 Act, before
the  termination  of  this  offering,  are  incorporated  by  reference.

The  Company  will  provide without charge to each person to whom a copy of this
Reoffer  Prospectus is delivered, upon oral or written request, a copy of any or
all  documents incorporated by reference into this Reoffer Prospectus (excluding
exhibits unless the exhibits are specifically incorporated by reference into the
information the Reoffer Prospectus incorporates). Requests should be directed to
the  Chief  Executive  Officer  at SAFH=s executive offices, located at 14500 N.
Northsight  Suite  221,  Scottsdale,  Arizona 85260.  SAFH=s telephone number is
(480)  949-9700.  The  Company's  corporate  Web  site  address  is
http://www.saf-t-hammer.com.

                                        3
<PAGE>

COMPANY  ORGANIZATION,  REORGANIZATION  AND  OPERATIONS

     Prior  to  incorporation  as  Saf-T-Hammer Corporation in 1998, the Company
existed  as  De Oro Mines, Inc.  De Oro Mines, Inc. was incorporated on June 17,
1991  in  the  state of Nevada.  Its original Articles of Incorporation provided
for  1,000,000  shares  of common stock with a par value of $0.01 per share.  On
August 15, 1996, the shareholders of the Company authorized the recapitalization
of  the  Company and the Amendment of its Articles of Incorporation to allow the
Corporation  to issue up to 100,000,000 shares of a single class of Common Stock
with  a  par value of $0.001.   The Amended Articles were duly adopted as stated
and  were  filed  on October 16, 1996 with the Secretary of the State of Nevada.
From  its  inception,  De  Oro  Mines, Inc. was in the development stage and was
primarily  engaged  in  the  business  of developing mining properties.   During
1992,  De  Oro  lost  its remaining assets and settled its liabilities, and from
that  date  forward  remained  dormant.  Effective October 20, 1998, the company
acquired  the  assets  of  Saf-T-Hammer,  Inc., and changed its name from De Oro
Mines,  Inc.  to  Saf-T-Hammer  Corporation.  Prior  to  this agreement becoming
effective,  De  Oro  Mines,  Inc.  had a total of 532,788 shares of common stock
issued  and  outstanding.   Pursuant  to the Asset Agreement, the Company issued
1,331,250 shares of common stock to Saf-T-Hammer, Inc., which then resulted in a
total  of  1,864,038  shares  of common stock being issued and outstanding.  The
shareholders also approved a four share for one share forward stock split.  This
asset  purchase  agreement  and bill of sale was approved by the majority of the
shareholders  of  both  corporations and provided for the purchase of all of the
assets  of  Saf-T-Hammer,  Inc.,  which  included  the  device more specifically
described  below  and  all  rights  connected  with  and  concerning the device.

     The  principal asset of Saf-T-Hammer, Inc. was a product in development and
the  patent  pending  rights  to  a  childproof  gun  safety device known as the
Saf-T-Hammer,  which  is  an  easily removable, external firearm hammerhead that
enables  safe  storage  of  weapons,  including  loaded  firearms.   Once  the
Saf-T-Hammer has been removed, the weapon is incapable of discharging.  When the
Saf-T-Hammer  is  placed  back on the weapon, it is again ready to fire.   A gun
owner can easily remove the Saf-T-Hammer in approximately one second and take it
with  him  or  her when leaving the home, thereby relieving the fear of death or
injury  to a child or other person due to an accidental discharge of the weapon.
Upon the gun owner's return, he or she can easily place the Saf-T-Hammer back on
the  weapon  in  about  a  second, as well.   Thus, the Saf-T-Hammer allows both
safety  and protection while the weapon remains loaded.   The unique and salient
features  of  the  Saf-T-Hammer  are  as  follows:


   o Saf-T-Hammer,  unlike  trigger  locks,  can  be  used with a loaded weapon;
   o Saf-T-Hammer  cannot  be  fired  when  in  safety  mode;
   o Saf-T-Hammer  can  be  removed  and  re-armed  in  less  than  a  second;
   o Saf-T-Hammer  requires  no  keys;
   o Saf-T-Hammer  requires  no  codes  to  remember;
   o Saf-T-Hammer  requires  no  appreciable  level  of  mechanical  ability  to
      operate;
   o Saf-T-Hammer  cannot  be  broken,  twisted  or  cut-off;
   o Saf-T-Hammer  is  cheaper than other similar gun safety devices to produce;
      and
   o Saf-T-Hammer  is  currently  patent  pending.


                                        4
<PAGE>
     The  Company's  administrative  offices  and  distribution  facilities  are
located at 14500 N. Northsight, Suite 221, Scottsdale, Arizona 85260.  There are
currently six employees who perform managerial and administrative duties for the
Company.  To  date,  Saf-T-Hammer Corporation has had no business operations and
limited  prior  operating history.   For the most part, the Company's operations
have  been  narrowly  confined  to  research and development, infrastructure and
market  planning,  and  cultivation  of  its  sales and marketing network.  As a
direct  result  of  the  Company's  emphasis  upon  internal development, it has
fostered  two gun safety products ("Saf-T-Hammer" and "Saf-T-Trigger") that will
be  marketed  and  distributed  through  standard firearms industry distribution
channels, catalogue outlets and direct sales.  The Company has also identified a
unique  proprietary  marketing plan for one of its divisions, an Internet safety
mall.   This  Internet  based  "mall" concept will feature products and services
incidental  to  home  and  family  safety issues and should serve as a secondary
profit  center  to  the  Company's  core  business.

THE  ADDRESSED  MARKET

     Three  target  markets  exist  for  Saf-T-Hammer  &  Saf-T-Trigger:

1.     Current  gun  owners who store their weapons in residences where children
reside  or  visit;

2.     Future  gun  owners who will purchase a weapon equipped with Saf-T-Hammer
or  Saf-T-Trigger,  or  replace  their current weapon with a gun, which has been
equipped  with  Saf-T-Hammer  or  Saf-T-Trigger;  and

3.     Gun  Dealers  and  Gunsmiths,  (technically  known  as  Federal  Firearms
Licensees  or  FFL's)  who  will  act  as  the  distributors of Saf-T-Hammer and
Saf-T-Trigger,  and  as the point of contact for gun owners wanting to be fitted
with Saf-T-Hammer or Saf-T-Trigger technology.  Currently, in the United States,
there  are  93,000  FFL's.

     The  company acknowledges that specialized target marketing strategies will
be required for each of these three markets and has addressed those needs with a
comprehensive  marketing  plan.

NEW  GUN  SALES

     Saf-T-Hammer  plans  to  license the rights of its product to the major gun
manufacturers for a royalty payment for each Saf-T-Hammer or Saf-T-Trigger.  Gun
manufacturers  can produce both of these products for a few dollars apiece after
minor  changes  are  made  to  their  existing  manufacturing  process.

AFTER-MARKET  CONVERSIONS

     Saf-T-Hammer  intends  to establish licensed Saf-T-Hammer dealers (existing
gunsmiths)  to  convert  currently  owned  guns  with  Saf-T-Hammers  and
Saf-T-Triggers.  It  is anticipated that dealers will purchase the products from
the Company, and will charge the customer for the labor involved in installing a
Saf-T-Hammer  or  Saf-T-Trigger.


                                        5
<PAGE>
The  dealers  can  install the devices in approximately 10 minutes.  The Company
anticipates that the total cost of the conversion to the consumer will  be  less
than  $50.00.

BUSINESS  STRATEGY

     Current  and  Future  Gun  Owners

     Saf-T-Hammer and Saf-T-Trigger can be marketed successfully to both current
and  future  gun  owners through both conventional techniques, and complimentary
creative  strategies.  Conventional marketing strategies will include the venues
currently  utilized  by  all  gun manufacturers, including magazines, gun shows,
target mailings, etc.  Sales data from the major gun manufacturers suggests that
conventional  marketing  techniques  are successful.  Additionally, Saf-T-Hammer
can  be  promoted  through  unconventional  avenues.  Some  of  these  include:

     Development of relationships with safety organizations such as the National
Safety  Council, Center to Prevent Handgun Violence, Mothers Against Violence in
America  (MAVIA), the NRA's Eddie Eagle Gun Safety Program, and others which are
spreading  across  the  United  States.   In some instances, Saf-T-Hammer should
earn  the  endorsement of safety organizations based on pure product merit.   In
other  circumstances,  a  "team  approach"  can  be utilized to benefit both the
non-profit  entity and Saf-T-Hammer, through the use of cash incentive donations
to  these  organizations  for  sales  attributed  to the organizations' efforts.
     By  virtue  of the novel and unprecedented safety technology it represents,
Saf-T-Hammer  can  make  good utilization of a major public relations "kick-off"
campaign.  The  ease  and  speed  with  which the technology can be implemented,
coupled  with  the  complete  trustworthiness  of  its  safety  features  makes
Saf-T-Hammer a truly newsworthy invention.   Because Saf-T-Hammer's products are
strictly  safety  devices, they are not burdened by the politics surrounding gun
ownership and gun rights, and can be widely embraced as a solution to unintended
gun  injuries and death.  The government scrutiny and public focus on gun danger
makes  the  present  a perfect time to launch Saf-T-Hammer into the marketplace.

     Gun  Dealers  and  Gunsmiths  Performing  Conversions

     Dealers  and  gunsmiths  ("FFL's") will also require specialized marketing.
To successfully foster a mass desire to sell Saf-T-Hammer-equipped firearms will
depend  on  communicating  the  following  to  FFL's:

     The  profit  potential  of  selling  Saf-T-Hammer  equipped  guns;
     The  ease  of  the  conversion  process,  and  the  telephone  and web-site
availability  of  on-going  technical  support;
     The  ease  of  the  use of the Saf-T-Hammer and Saf-T-Trigger, and the ease
with  which it may be demonstrated to the gun owner, as well as the availability
of  point-of-purchase  promotional and training material to be made available to
gun  owners  at  the  dealership.

     Detailed  strategies  for  each  of  these  markets  are  underway.


                                        6
<PAGE>
COMPETITION

     The  major  competitors  of  the  Company  are the manufacturers of trigger
locks.  Currently,  most  of  these  devices  require that the guns be unloaded.
Saf-T-Hammer  is  designed to be used on either loaded or un-loaded weapons.  We
not only offer a solution to existing gun owners, but to new gun owners as well.

FIREARMS  AVAILABLE  FOR  SAF-T-HAMMERS

     Nearly  all  of  the  230  million  firearms in the U.S. can be fitted with
either  a  Saf-T-Trigger  or  Saf-T-Hammer,  and  in  many  cases,  both.

INSTITUTION  OF  A  CHARITABLE  FOUNDATION  FOR  GUN  SAFETY

     In  light  of numerous recent events, the Company recognizes that now, more
than ever before, a meaningful statement coupled with action must be effected to
stem  the  tide of both reckless and unintentional gun violence.  The management
of  Saf-T-Hammer  is firmly committed to alleviating the suffering and improving
the  quality  of  life  of all victims of senseless firearms violence.   To this
end,  Saf-T-Hammer  will  be  chartering an independent philanthropic service to
raise  and administer funds for the express purpose of financing relief from and
providing  answers  to  tragedies  that  result from irresponsible gun violence.
After  examining  the root cause, pattern of practice and most significant areas
of  deficiency  surrounding  this  problem, the Company's Board of Directors has
mandated  a  policy  of  intervention  that  will serve to address the blight of
senseless  gun  violence.  The  course  of  action  selected  by  the  Company's
directors  has culminated in a resolution to support the funding of a charitable
foundation  (hereinafter  "Foundation  for  Gun  Safety")  that  will devote its
energies  and  resources  toward  the  following:

     GUN  SAFETY  EDUCATION FUND: This area of intervention will monitor, select
and  award  worthy  organizations  and  institutions  striving  to  implement
educational  programs  that  effectively  disseminate  gun safety and awareness.

     OUTREACH  FUND:  In  recognition  of  the  social and economic climate that
pervades many of our communities, the Foundation for Gun Safety will spearhead a
movement  to  retro-fit  guns  with  the  Saf-T-Hammer  in targeted economically
challenged  areas.  The  Outreach  Fund's  express mission will be to offer this
service  on  a  cost  free,  "no  questions  asked"  basis.

     VICTIM  BEREAVEMENT  FUND: The aftermath of gun violence leaves its mark on
all  strata  of  the American populace and, oftentimes, it does not discriminate
between  those  who  are financially capable of bearing the brunt of medical and
counseling  expenses.   To assuage this additional victimization of the families
who  are  related  to  persons  targeted  by  senseless  firearms  violence, the
Foundation  for Gun Safety will allocate funds and directly apply them to assist
in  supporting  selected  families burdened by the excessive cost of medical and
counseling  expenses.

     To  ensure  the success of this charitable foundation, Saf-T-Hammer expects
to  contribute  the  sum  of  one  dollar  ($1.00) for each dollar raised by the
foundation  up  to  a  maximum  of  5%  of  its  pre-tax  profits.


                                        7
<PAGE>
SUMMARY  OF  MANUFACTURING  AND  SERVICE  DIVISIONS

     All  three  divisions,  as  represented  hereinafter,  serve  as  the
manufacturing,  service  and core business of the Company. The following summary
describes  their  function  and  operations  in  brief  detail:

     PRODUCTION.  This  division  is  dedicated to the research, development and
manufacturing  of  products and services employed in the safety product industry
at  affordable  prices.  Saf-T-Hammer  Corporation  ("Saf-T-Hammer")  plans  to
manufacture  and  introduce  a  full  line  of safety products that will provide
families with simple, safe solutions to the dangers that exist in and out of the
home.  At  this  time,  Saf-T-Hammer  is  currently  developing  and testing its
Saf-T-Trigger  device.  The  prototypes  are  built  and stress tested to 10,000
rounds.  Once  the  Company  is  satisfied  that  a prototype meets its rigorous
design  and  function  requirements,  the  prototype  is  sent  for  bid  to
manufacturers.  Manufacturing  specifications  will  be strictly adhered to, and
quality  control  procedures  will ensure the high quality of the final product.
Invariably,  there  is  considerable  cost  and  time  involved  in research and
development  prior  to  the  actualization  of  a  new product as it reaches the
manufacturing stage. The Saf-T-Trigger device is expected to be available to the
market  by  the second quarter of 2000.  To mitigate the liability of developing
additional  safety  products,  Company  management  believes  that the impending
revenue  generated  from  the  introduction  of the Saf-T-Trigger device will be
sufficient  to  offset  the  simultaneous  research  and development cost of its
additional  product  line.  Management  fully  expects  that in following such a
course  of  development  it  should  afford  Saf-T-Hammer  a  lucrative means of
generating  revenue from its retail efforts while new products are developed and
submitted  for  industry  and  regulatory approval.  This division will serve to
meet  the  Company's short-term objective of bringing in revenues to support the
R&D  activities  of  the  Company  while  sustaining its long-term objectives of
exponential  growth.  The  Company believes that through this mode of production
it  will  find  increased  profitability  within  one  year  of  commencement of
manufacturing operations. Saf-T-Hammer will provide its products on a retail and
wholesale  basis  through direct marketing and licensed distribution similar to,
and in such manner as is customarily utilized in the sale of gun parts marketing
programs.   However,  current  plans  are  underway to effect an Internet "Mall"
concept  for  purposes  of highlighting and showcasing the Company's and others'
home  and  family  safety  products.


                                        8
<PAGE>
     MARKETING.   Saf-T-Hammer  Corporation  will  utilize  traditional  and
non-traditional  venues  to  introduce  and  promote  the Saf-T-Hammer and other
products offered by the Company.  Traditional venues will include utilization of
the  well-established  firearms  industry marketing and distribution networks to
sell  its  products.   The Company recently negotiated placement of its products
with market reps, who carry products directly into dealership and sporting goods
stores in all 50 states.   Management believes that market representatives offer
an  ideal  means of introducing the retail environment to a new product, because
they  combine  on-site,  hands-on  exposure  to  the products with education and
personal  salesmanship.  Saf-T-Hammer  Corporation  will  also  use  traditional
venues  to  reach  the law enforcement market.  Many jurisdictions require their
officers  to  use  a  safety  device  for  their  firearms  while  off-duty.
Non-traditional  consumer  venues include exposure to the family market segment,
through  traditional  media  venues  and  via  partnerships  with  organizations
promoting  safety,  including  law enforcement, schools, pediatricians and other
public  safety  officials.  Extensive  contacts  in  this  arena  are  underway,
including  efforts  to  coordinate  with  law enforcement, and other city public
safety  officials  nationwide.  Internet  exposure  will  be utilized to enhance
product  exposure  and to prime the market by raising public awareness about the
gun  safety  issue.  A  large-scale  public  awareness program is also underway,
which  includes  exposing  press  and  public  officials to the product.  As the
Company  prepares to place its products on the shelves, an intensive advertising
campaign  will  compliment  the  public  relations  efforts  already  underway.

     E-COMMERCE  VENTURES.  Saf-T-Hammer  Corporation is currently exploring the
development  of a complimentary e-commerce element to create additional exposure
for the Company's products, and to generate an additional revenue stream through
sales  of an assortment of safety products to the public over the Internet.  The
Company's  web  site  is  www.saf-t-hammer.com.



                                        9
<PAGE>

RISK  FACTORS

COMMERCIALIZATION  STAGE  COMPANY.

     Although  we  were was formed in 1991, since inception we have been engaged
almost  exclusively  in  organizational, research and development activities and
has  just  recently  initiated  product  commercialization.  Accordingly,  as  a
transitional development stage company, we have had a limited relevant operating
history  upon  which  an evaluation of our prospects can be made.  Consequently,
the  likelihood  of success of our business must be considered in view of all of
the  risks, expenses and delays inherent in the establishment of a new business,
including,  but  not limited to, expenses and delays of an ongoing business that
is  commenced,  slower  than anticipated manufacturing and marketing activities,
the  uncertainty  of  market  assimilation  of  our products, services and other
unforeseen  factors.  The  likelihood  of  the our success must be considered in
light of the problems and expenses that are frequently encountered in connection
with  the  operation  of  a new business and the competitive environment that it
encounters.

LIMITED  OPERATING  HISTORY;  LOSSES.

     We  presently  have  had  no business operations and we have only a limited
prior  operating  history.  Although  organized and incorporated in mid 1998, we
did  not  commence  active operations until the beginning of 1999.  To date, our
operations  have  been  narrowly  confined  to  research  and  development,
infrastructure  and  market planning, and cultivation of its sales and marketing
network.  As of December 31, 1999, there have been no revenues.
We  anticipate  that we will continue to incur losses and generate negative cash
flow  over the next six months. At this time, we have no revenues, and
there  is  no  assurance  that  we  will  ever  have  significant revenues or be
profitable  or  achieve  positive  cash  flow  from  operations.

     WE  ARE  PRESENTLY IN UNSOUND FINANCIAL CONDITION WHICH MAKES INVESTMENT IN
OUR  SECURITIES  HIGHLY  RISKY.  Our  financial  statements include an auditor's
report  containing  a modification regarding an uncertainty about our ability to
continue  as  a  going  concern.   Our  financial  statements  also  include  an
accumulated deficit of $1,437,958 as of December 31, 1999  and other indications
of weakness in our present financial position.  We have been operating primarily
through  the  issuance  of  common  stock  for  services  by entities, including
affiliates, that we could not afford to pay in cash.  We are consequently deemed
by  state  securities regulators to presently be in unsound financial condition.
No  person  should  invest in this offering unless they can afford to lose their
entire  investment.

RECENTLY  REORGANIZED  COMPANY.

     De  Oro  Mines,  Inc.  was  incorporated  on  June 17, 1991 in the state of
Nevada.  From its inception, De Oro Mines, Inc. was in the development stage and
was  primarily engaged in the business of developing mining properties.   During
1992  De Oro lost its remaining assets and settled its liabilities and from that
date  forward  remained  dormant.  Effective  October  20,  1998,  De  Oro Mines
acquired  the  assets  of  Saf-T-Hammer,  Inc., and changed its name from De Oro
Mines,  Inc.  to Saf-T-Hammer Corporation.  The principal asset of Saf-T-Hammer,
Inc.  was a product in development and the patent pending rights to the product.
This  potential  product  is  a  childproof  gun  safety  device.

     To  date,  we have had limited operating history and have not conducted any
significant  business.  We  must  therefore be considered promotional and in our
early  formative  and  developmental  stages.  Potential  shareholders should be
aware  of  the  difficulties normally encountered by a new enterprise.  There is
nothing at this time on which to base an assumption that our business plans will
prove  successful,  and  there  is  no assurance that we will be able to operate
profitably.

                                       10
<PAGE>

DEPENDENCE  UPON  KEY  PERSONNEL.

    Our  success  depends, in part, upon the successful performance of our CEO,
Mr. Mitchell A. Saltz.  Although we have entered into a comprehensive employment
contract  with  Mr.  Saltz,  and  we have employed and will in the future employ
additional  qualified  executives,  employees and consultants having significant
experience  delivering  the  business  expertise  needed,  if Mr. Saltz fails to
perform  any  of  the  duties  undertaken  by him for any reason whatsoever, our
ability  to manufacture, market and distribute our products would be harmed.  To
mitigate  this risk, we have secured and will maintain key man life insurance on
Mr.  Saltz.  And,  pursuant to its  terms, we are the designated beneficiary and
will  be  entitled  to receive benefits totaling $500,000.  Moreover, we believe
there  are  available  qualified  managerial  and  other personnel in sufficient
numbers  to  properly staff our facilities and offices, but we cannot be sure we
could  do  so.

REGULATION.

     Our  business,  as well as all participants in the production and marketing
of  gun  parts,  is  subject  to  various laws and governmental regulations. The
manufacture  and  marketing  of  gun parts is governed by various state laws and
federal  regulations  and  protocols.  We believe we are in compliance with such
laws and that such laws do not have a material adverse impact on our operations.
Such  laws,  rules, regulations and protocols are subject to change.  Therefore,
our  approach  to  compliance  may  require  modifications  to adjust for future
regulatory  change.

COMPETITION.

     There  are  several  manufacturing  entities  and  service  providers  that
currently  offer  products and services similar to those which we have proposed.
These  entities  may  have greater financial and personnel resources than we do.
Manufacture and use of gun safety devices throughout the United States is on the
increase.  The  gun  industry,  in  general,  is  dominated by a small number of
companies  that are well known to the public.  We believe that as a manufacturer
of a firearm safety device line, both wholesale and retail, we should be able to
compete  with  the  better  known  brands  of  service  companies  presently  in
operation.  Although  we  consider  ourselves favorably positioned to compete in
this  market  niche, our profitability may be harmed if other competing entities
continue  to  operate  or  commence  operations  in our proposed regional areas.

RELIANCE  ON  OUTSIDE  SUPPLIERS.

     We  purchase  our  die  molds,  raw materials and supplies from independent
sources  and  will  for some time remain dependent upon such outside sources for
all  of  our unprocessed natural products.  We do not know if these sources will
be  able to provide adequately for our current and future needs and the needs of
our  customers.  In  the  event  that any of our suppliers should suffer quality
control  problems,  lack of raw materials or financial difficulties, we would be
required  to  find  alternative  sources for our product lines. The time lost in
seeking  and  acquiring additional and newer sources could hurt our revenues and
profitability.

EFFECTS  ON FLUCTUATIONS IN RAW AND PROCESSED MATERIALS, COSTS AND AVAILABILITY.

     We  purchase  premium  grade  raw  and  processed  materials for use in our
manufacturing  enterprise.  Such  products are obtained from third party sources
and manufacturing sub-contractors. The price and availability of these materials
are  subject  to  numerous  factors  not  within  our control including: weather
conditions,  policies  of foreign countries and/or trade restrictions as well as
the status of the worldwide demand for raw, organic, metal, chemical and plastic
ingredients.  In  the  event  we  cannot  timely  acquire  our raw and processed
materials from third party entities, our ability to ship products and to service
our  targeted  markets  on  a  timely  basis,  if  at  all,  would  be  harmed.

                                       11
<PAGE>

     CONFLICTS  OF INTEREST.  Certain conflicts of interest exist between us and
our  officers  and  directors.  They have other business interests to which they
devote  attention,  and  they  may  be  expected  to  continue to do so although
management  time  should  be devoted to our business.  As a result, conflicts of
interest  may  arise that can be resolved only through exercise of such judgment
as  is  consistent  with  their  fiduciary  duties.

     POSSIBLE  NEED  FOR  ADDITIONAL FINANCING.  We have very limited funds, and
such  funds  may  not  be  adequate  to take advantage of any available business
opportunities.  Even  if our funds prove to be sufficient to acquire an interest
in,  or  complete  a  transaction  with, a business opportunity, we may not have
enough capital to exploit the opportunity.  Our ultimate success may depend upon
our  ability  to  raise  additional  capital.  We  have  not  investigated  the
availability,  source,  or terms that might govern the acquisition of additional
capital  and  will not do so until we determine a need for additional financing.
If  additional  capital  is  needed,  there  is  no assurance that funds will be
available  from  any source or, if available, that they can be obtained on terms
acceptable  to  us.  If  not  available, our operations will be limited to those
that  can  be  financed  with  our  modest  capital.

     REGULATION OF PENNY STOCKS.  Our securities are subject to a Securities and
Exchange  Commission  rule that imposes special sales practice requirements upon
broker-dealers  who  sell  such  securities  to  persons  other than established
customers  or  accredited  investors.  For  purposes  of  the  rule,  the phrase
"accredited  investors"  means,  in  general  terms, institutions with assets in
excess  of $5,000,000, or individuals having a net worth in excess of $1,000,000
or  having an annual income that exceeds $200,000 (or that, when combined with a
spouse's  income,  exceeds $300,000).  For transactions covered by the rule, the
broker-dealer  must  make  a special suitability determination for the purchaser
and  receive  the  purchaser's written agreement to the transaction prior to the
sale.  Consequently,  the  rule may affect the ability of broker-dealers to sell
our  securities  and  also  may affect the ability of shareholders to sell their
securities.

     In addition, the Securities and Exchange Commission has adopted a number of
rules  to  regulate  "penny  stocks."  Such  rules  include Rules 3a51-1, 15g-1,
15g-2,  15g-3,  15g-4, 15g-5, 15g-6, and 15g-7 under the Securities Exchange Act
of  1934,  as  amended.  Because  our  securities  may constitute "penny stocks"
within  the  meaning  of  the  rules,  the  rules  would  apply to us and to our
securities.  The  rules  may  further  affect  the  ability  of  owners  of  our
securities  to  sell  our  securities.


                                       12
<PAGE>
     Shareholders  should  be  aware  that, according to Securities and Exchange
Commission  Release  No.  34-29093,  the market for penny stocks has suffered in
recent  years  from  patterns  of  fraud  and  abuse.  Such patterns include (i)
control  of  the market for the security by one or a few broker-dealers that are
often  related  to  the  promoter or issuer; (ii) manipulation of prices through
prearranged  matching  of  purchases  and  sales  and false and misleading press
releases;  (iii)  "boiler  room" practices involving high-pressure sales tactics
and unrealistic price projections by inexperienced sales persons; (iv) excessive
and undisclosed bid-ask differentials and markups by selling broker-dealers; and
(v) the wholesale dumping of the same securities by promoters and broker-dealers
after  prices have been manipulated to a desired level, along with the resulting
inevitable collapse of those prices and with consequent investor losses.  We are
aware  of  the abuses that have occurred historically in the penny stock market.
Although  we  do  not  expect to be in a position to dictate the behavior of the
market  or  of  broker-dealers  who  participate  in the market, management will
strive  within  the  confines  of practical limitations to prevent the described
patterns  from  being  established  with  respect  to  our  securities.

     LIMITED  PUBLIC  MARKET  EXISTS.  There  is a limited public market for our
common  stock, and no assurance can be given that a market will continue or that
a shareholder ever will be able to liquidate his investment without considerable
delay,  if  at  all.  The  market  price  for  our stock may be highly volatile.
Factors  such  as  those  discussed  in  this  "Risk Factors" section may have a
significant  impact  upon  the market price of our securities.  Owing to the low
price  of  the  securities,  many  brokerage  firms may not be willing to effect
transactions  in  the securities.  Even if a purchaser finds a broker willing to
effect  a  transaction  in  these  securities,  the  combination  of  brokerage
commissions,  state  transfer  taxes,  if  any,  and any other selling costs may
exceed  the  selling  price.  Further, many lending institutions will not permit
the  use  of  such  securities  as  collateral  for  any  loans.

     FORWARD-LOOKING  STATEMENTS AND ASSOCIATED RISKS.  Management believes that
this  Prospectus  on  Form S-8 contains  forward-looking  statements,  including
statements  regarding, among other items, our future plans and growth strategies
and  anticipated  trends  in  the  industry  in  which  we  operate.  These
forward-looking  statements  are  based  largely on our control.  Actual results
could  differ  materially  from  these forward-looking statements as a result of
factors  we  describe  herein,  including,  among others, regulatory or economic
influences.

     USE  OF  PROCEEDS

SAFH  will  not  receive  any  of the proceeds from the sale of shares of common
stock  by  the  Selling  Shareholders.



                                       13
<PAGE>
                              SELLING SHAREHOLDERS

The  Shares  of  the  Company to which this Reoffer Prospectus relates are being
registered  for  reoffers  and resales by the Selling Shareholders, who acquired
the  Shares  pursuant  to  a  compensatory benefit plan with SAFH for consulting
services  they  provided  to  SAFH.  The  Selling Shareholders may resell all, a
portion  or  none  of  such  Shares  from  time  to  time.

The  table below sets forth with respect to the Selling Shareholders, based upon
information  available to the Company as of April 5,  2000, the number of Shares
owned, the number of Shares registered by this Reoffer Prospectus and the number
and  percent  of  outstanding  Shares  that  will be owned after the sale of the
registered  Shares  assuming  the  sale  of  all  of  the  registered  Shares.

                       NUMBER OF                                    % OF SHARES
                       SHARES       NUMBER OF SHARES  NUMBER OF     OWNED BY
SELLING                OWNED        REGISTERED BY     SHARES OWNED  SHAREHOLDER
SHAREHOLDERS           BEFORE SALE  PROSPECTUS        AFTER SALE    AFTER SALE
---------------------  -----------  ----------------  ------------  ------------

M. Richard Cutler (1)      206,000           108,500        97,500         1.09%
---------------------  -----------  ----------------  ------------  ------------

Brian A. Lebrecht           65,000            35,000        30,000         0.34%
---------------------  -----------  ----------------  ------------  ------------

Vi Bui                      48,750            26,250        22,500         0.25%
---------------------  -----------  ----------------  ------------  ------------

Asher Starik               125,000            75,000        50,000         0.56%
---------------------  -----------  ----------------  ------------  ------------

Stephanie Crumpler           5,250             5,250             0         0.00%
---------------------  -----------  ----------------  ------------  ------------

(1)  Of  such  shares,  97,500  are  held by MRC Legal Services LLC.  M. Richard
Cutler  may  be  deemed  to  be  the beneficial owner of MRC Legal Services LLC.


                              PLAN OF DISTRIBUTION

The  Selling  Shareholders may sell the Shares for value from time to time under
this  Reoffer  Prospectus  in  one  or more transactions on the Over-the-Counter
Bulletin  Board  maintained  by  Nasdaq,  or  other  exchange,  in  a negotiated
transaction  or  in  a  combination  of  such  methods of sale, at market prices
prevailing  at  the  time  of  sale, at prices related to such prevailing market
prices  or  at prices otherwise negotiated.  The Selling Shareholders may effect
such  transactions by selling the Shares to or through brokers-dealers, and such
broker-dealers  may  receive compensation in the form of underwriting discounts,
concessions  or  commissions from the Selling Shareholders and/or the purchasers
of  the Shares for whom such broker-dealers may act as agent (which compensation
may  be  less  than  or  in  excess  of  customary  commissions).


                                       14
<PAGE>
The  Selling  Shareholders  and  any  broker-dealers  that  participate  in  the
distribution of the Shares may be deemed to be "underwriters" within the meaning
of  Section  2(11) of the 1933 Act, and any commissions received by them and any
profit  on  the  resale of the Shares sold by them may be deemed be underwriting
discounts  and  commissions  under the 1933 Act.  All selling and other expenses
incurred  by the Selling Shareholders will be borne by the Selling Shareholders.

In  addition  to any Shares sold hereunder, the Selling Shareholders may, at the
same  time,  sell any shares of common stock, including the Shares, owned by him
or  her  in  compliance  with all of the requirements of Rule 144, regardless of
whether  such  shares  are  covered  by  this  Reoffer  Prospectus.

There is no assurance that the Selling Shareholders will sell all or any portion
of  the  Shares  offered.

The  Company  will  pay all expenses in connection with this offering other than
the  legal fees incurred in connection with the preparation of this registration
statement  and  will  not  receive  any proceeds from sales of any Shares by the
Selling  Shareholders.


                                  LEGAL MATTERS

The  validity  of  the  Common  Stock offered hereby will be passed upon for the
Company  by  the  Cutler  Law  Group,  Newport  Beach,  California.


                                     EXPERTS

The  balance  sheets  as  of  December  31,  1998 and 1999 and the statements of
operations,  shareholders' equity and cash flows for the periods then ended have
been incorporated by reference in this Registration Statement in reliance on the
report  of  Stonefield  Josephson & Co., Inc., independent accountants, given on
the  authority  of  that  firm  as  experts  in  accounting  and  auditing.


                                       15
<PAGE>

                                    PART  II

     INFORMATION  REQUIRED  IN  THE  REGISTRATION  STATEMENT

ITEM  3.     INCORPORATION  OF  DOCUMENTS  BY  REFERENCE.

     The  following  documents  are  hereby  incorporated  by  reference in this
Registration  Statement:

(i)     Registrant's  Form  8-K  for  an event on March 31, 2000, filed with the
Commission  on  April  3,  2000.

(ii)     Registrant's  Form 10-SB (in the name of Lost Coast Ventures, Inc., the
Company's reporting predecessor), filed with the Commission on January 19, 2000.

(iii)     All  other  reports and documents subsequently filed by the Registrant
pursuant  after  the  date  of  this Registration Statement pursuant to Sections
13(a),  13(c),  14, or 15(d) of the Securities Exchange Act of 1934 and prior to
the  filing  of  a  post-effective amendment which indicates that all securities
offered hereby have been sold or which deregisters all securities then remaining
unsold,  shall be deemed to be incorporated by reference and to be a part hereof
from  the  date  of  the  filing  of  such  documents.

ITEM  4.     DESCRIPTION  OF  SECURITIES.

     Not  applicable.

ITEM  5.     INTERESTS  OF  NAMED  EXPERTS  AND  COUNSEL.


Certain  legal  matters  with respect to the Common Stock offered hereby will be
passed  upon  for  the  Company by the Cutler Law Group, counsel to the Company.
Mr. M. Richard Cutler, principal of the Cutler Law Group is the beneficial owner
of  206,000  shares  of  Common  Stock  of  the  Company.  108,500 shares of the
foregoing  are  being registered for sale herein.  Other employees of the Cutler
Law  Group hold an additional 119,000 shares of the Common Stock of the Company.
66,500  shares  of  the  foregoing  are  being  registered  for  sale  herein.

ITEM  6.     INDEMNIFICATION  OF  DIRECTORS  AND  OFFICERS.

     The  Corporation  Laws  of  the  State  of  Nevada and the Company's Bylaws
provide  for  indemnification  of  the  Company's  Directors for liabilities and
expenses  that  they  may  incur  in such capacities.  In general, Directors and
Officers are indemnified with respect to actions taken in good faith in a manner
reasonably  believed  to  be  in,  or  not opposed to, the best interests of the
Company, and with respect to any criminal action or proceeding, actions that the
indemnitee  had  no reasonable cause to believe were unlawful.  Furthermore, the
personal  liability  of  the  Directors  is limited as provided in the Company's
Articles  of  Incorporation.


                                      II-1
<PAGE>
ITEM  7.     EXEMPTION  FROM  REGISTRATION  CLAIMED.

     The  Shares  were  issued  for advisory and legal services rendered.  These
sales  were made in reliance of the exemption from the registration requirements
of  the  Securities  Act  of 1933, as amended, contained in Section 4(2) thereof
covering  transactions  not  involving  any public offering or not involving any
"offer"  or  "sale".

ITEM  8.     EXHIBITS

Exhibit  No.       Description

*3.1               Articles  of  Incorporation
*3.2               Bylaws
5                  Opinion of Cutler Law Group with respect to legality of the
                    securities of the Registrant begin registered
10.1               Consulting  Agreement  dated  March  31,  2000.
23.1               Consent of Stonefield Josephson & Co., Inc., Certified Public
                    Accountants
23.3               Consent of Cutler Law Group (contained in opinion to be filed
                    as  Exhibit  5)
_______________________
*Incorporated  by  reference  to  the  Company's  Form  8-K filed April 3, 2000.

ITEM  9.     UNDERTAKINGS.

     (a)     The  undersigned  Registrant  hereby  undertakes:

(1)     To  file,  during  any period in which offers or sales are being made, a
post-effective  amendment to this Registration Statement to include any material
information with respect to the plan of distribution not previously disclosed in
the  Registration  Statement  or  any material change to such information in the
Registration  Statement.

(2)     That,  for the purpose of determining any liability under the Securities
Act  of  1933,  each  such  post-effective amendment shall be deemed to be a new
registration  statement  relating  to  the  securities  offered therein, and the
offering  of such securities at that time shall be deemed to be the initial BONA
FIDE  offering  thereof.

(3)     To  remove  from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of the
offering.


                                      II-2
<PAGE>
(b)     The  undersigned  Registrant  hereby  undertakes  that,  for purposes of
determining  any  liability under the Securities Act of 1933, each filing of the
Registrant's  Annual  Report  pursuant  to Section 13(a) or Section 15(d) of the
Securities  Exchange  Act  of  1934  (and,  where  applicable, each filing of an
employee  benefit  plan's  annual  report  pursuant  to  Section  15(d)  of  the
Securities  Exchange  Act  of  1934)  that  is  incorporated by reference in the
Registration  Statement  shall  be  deemed  to  be  a new registration statement
relating  to the securities offered therein, and the offering of such securities
at  that  time  shall  be  deemed  to be the initial BONA FIDE offering thereof.

(c)     Insofar  as indemnification for liabilities arising under the Securities
Act  of  1933 may be permitted to directors, officers and controlling persons of
the  Registrant  pursuant  to  the  foregoing  provisions,  or  otherwise,  the
Registrant  has  been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and  is, therefore, unenforceable. In the event that a claim for indemnification
against  such  liabilities (other than the payment by the Registrant of expenses
incurred  or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has  been  settled  by  controlling  precedent, submit to a court of appropriate
jurisdiction  the  question whether such indemnification by it is against public
policy  as  expressed  in  the  Securities Act and will be governed by the final
adjudication  of  such  issue.

                                      II-3
<PAGE>
                                   SIGNATURES

     Pursuant  to the requirements of the Securities Act of 1933, the registrant
certifies  that  it  has  reasonable grounds to believe that is meets all of the
requirements  for  filing  on  Form  S-8  and  has duly caused this registration
statement  to  be  signed  on  its  behalf  by  the  undersigned, thereunto duly
authorized,  in  the City of Los Angeles, State of California, on April 5, 2000.


                                         Saf-T-Hammer  Corporation

                                         /s/ Mitchell  L.  Saltz

                                         By:     Mitchell  L.  Saltz
                                         President and Chief Executive Officer


     Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
registration  statement  has  been  signed  by  the  following  persons  in  the
capacities  and  on  the  dates  indicated.



                                            Chief  Executive  Officer  and
/s/ Mitchell  L.  Saltz                     Chairman  of the  Board
______________________
Mitchell  L.  Saltz

/s/ Sherry  Noreen                          Vice  President  and  Director
______________________
Sherry  Noreen

/s/ Theodore  Saltz                         Secretary/Treasurer  and  Director
______________________
Theodore  Saltz


                                      II-4
<PAGE>
[{"type": "S-8", "sequence": "1", "secsgml_size_bytes": 55196}]
{"company-data": {"conformed-name": "SAF T HAMMER CORP/NV", "cik": "0001092796", "assigned-sic": "9995", "irs-number": "870543688", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-34204", "film-number": "595186"}, "business-address": {"street1": "14500 N. NORTHSIGHT", "street2": "SUITE 221", "city": "SCOTTSDALE", "state": "AZ", "zip": "85260", "phone": "4809499700"}, "mail-address": {"street1": "24351 PASTO RD", "street2": "STE B", "city": "DANA POINT", "state": "CA", "zip": "92629"}, "former-company": {"former-conformed-name": "LOST COAST VENTURES INC", "date-changed": "19990809"}}
AS  FILED  WITH  THE  SECURITIES  AND  EXCHANGE  COMMISSION ON APRIL 6, 2000
                                               REGISTRATION NO. 333-____________

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
                              ____________________

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      Under
                           THE SECURITIES ACT OF 1933
                              ____________________

                            SAF-T-HAMMER CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)

             NEVADA                                           87-0543688
(State or Other Jurisdiction of                            (I.R.S. Employer
Incorporation or Organization)                            Identification No.)

                         14500 N. Northeight Suite 221
                          Scottsdale, Arizona  94087
          (Address of Principal Executive Offices, Including Zip Code)

                              Consulting Agreement
                            (Full Title of the Plan)
                              ____________________

                               Mitchell L. Saltz
                                   President
                          14500 N. Northsight Suite 221
                                (480) 949-9700
           (Name, Address, and Telephone Number of Agent for Service)

                        CALCULATION OF REGISTRATION FEE
Title of Securities  Amount to be  Proposed Maximum            Proposed Maximum           Amount of
to be Registered     Registered    Offering Price per Share    Aggregate Offering Price   Registration Fee

Common Stock,
par value $0.001        250,000     $ 1.625 (1)                $ 406,250                    $ 107.25

(1)     Estimated  solely  for  the  purpose  of  computing  the  amount  of the
registration  fee  pursuant  to Rule 457(c) based on the closing market price on
April 5, 2000.
EXPLANATORY NOTE

Saf-T-Hammer  Corporation  ("SAFH")  has prepared this Registration Statement in
accordance  with  the requirements of Form S-8 under the Securities Act of 1933,
as  amended  (the  "1933  Act"), to register certain shares of common stock, par
value  $0.001 per share, issued to certain selling shareholders.  Under cover of
this Form S-8 is a Reoffer Prospectus SAFH prepared in accordance with Part I of
Form  S-3  under  the  1933  Act.  The  Reoffer  Prospectus  may be utilized for
reofferings  and resales of up to 250,000 shares of common stock acquired by the
selling  shareholders.
PART I

INFORMATION  REQUIRED  IN  THE  SECTION  10(A)  PROSPECTUS

SAFH  will  send  or  give the documents containing the information specified in
Part  1  of  Form S-8 to employees or consultants as specified by Securities and
Exchange  Commission  Rule  428  (b)  (1)  under  the Securities Act of 1933, as
amended  (the  "1933 Act").  SAFH does not need to file these documents with the
commission  either  as part of this Registration Statement or as prospectuses or
prospectus  supplements  under  Rule  424  of  the  1933  Act.
REOFFER PROSPECTUS

                            SAF-T-HAMMER CORPORATION
                         14500 N. Northeight Suite 221
                           Scottsdale, Arizona  94087
                                (480) 949-9747

                         250,000 SHARES OF COMMON STOCK

The  shares  of  common  stock,  $0.001  par  value  per  share, of Saf-T-Hammer
Corporation ("SAFH" or the "Company") offered hereby (the "Shares") will be sold
from  time  to  time  by  the  individuals listed under the Selling Shareholders
section of this document (the "Selling Shareholders").  The Selling Shareholders
acquired  the  Shares pursuant to a Consulting Agreement for consulting services
that  the  Selling  Shareholders  provided  to  SAFH.

The sales may occur in transactions on the over-the-counter market maintained by
Nasdaq at prevailing market prices or in negotiated transactions.  SAFH will not
receive  proceeds  from  any  of  the  sale  the Shares.  SAFH is paying for the
expenses  incurred  in  registering  the Shares except with respect to the legal
fees  incurred  in  connection therewith, which have completed by counsel to the
Consultants.

The  Shares  are  "restricted  securities" under the Securities Act of 1933 (the
"1933  Act")  before  their  sale  under  the  Reoffer  Prospectus.  The Reoffer
Prospectus has been prepared for the purpose of registering the Shares under the
1933  Act  to  allow  for future sales by the Selling Shareholders to the public
without  restriction.  To the knowledge of the Company, the Selling Shareholders
have  no  arrangement  with  any brokerage firm for the sale of the Shares.  The
Selling  Shareholders may be deemed to be an "underwriter" within the meaning of
the 1933 Act.  Any commissions received by a broker or dealer in connection with
resales  of the Shares may be deemed to be underwriting commissions or discounts
under  the  1933  Act.

SAFH's  common stock is currently traded on the NASDAQ Over-the-Counter Bulletin
Board  under  the  symbol "SAFHE."  Effective March 31, 2000, as a result of our
compliance with NASD Rule 6530, our common stock will be traded under the symbol
"SAFH."

This  investment  involves  a  high  degree  of risk.  Please see "Risk Factors"
beginning  on  page  10.

NEITHER  THE  SECURITIES  AND  EXCHANGE  COMMISSION  NOR  ANY  STATE  SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED WHETHER
THIS  REOFFER  PROSPECTUS  IS  TRUTHFUL  OR COMPLETE.  ANY REPRESENTATION TO THE
CONTRARY  IS  A  CRIMINAL  OFFENSE.
                            ________________________

                                  April 5, 2000

                                        1
TABLE OF CONTENTS

Where  You  Can  Find  More  Information                   2
Incorporated  Documents                                    2
The  Company                                               4
Risk  Factors                                             10
Use  of  Proceeds                                         13
Selling  Shareholders                                     14
Plan  of  Distribution                                    14
Legal  Matters                                            15
Experts                                                   15
                            ________________________

You should only rely on the information incorporated by reference or provided in
this  Reoffer  Prospectus or any supplement.  We have not authorized anyone else
to  provide  you  with  different  information.  The  common  stock is not being
offered  in  any  state where the offer is not permitted.  You should not assume
that the information in this Reoffer Prospectus or any supplement is accurate as
of  any  date  other  than  the  date  on  the front of this Reoffer Prospectus.

WHERE  YOU  CAN  FIND  MORE  INFORMATION

SAFH is required to file annual, quarterly and special reports, proxy statements
and other information with the Securities and Exchange Commission (the "SEC") as
required  by  the  Securities Exchange Act of 1934, as amended (the "1934 Act").
You  may  read  and copy any reports, statements or other information we file at
the  SEC's  Public  Reference  Rooms  at:

                 450 Fifth Street, N.W., Washington, D.C. 20549;
           Seven World Trade Center, 13th Floor, New York, N.Y. 10048

Please  call  the  SEC  at  1-800-SEC-0330 for further information on the Public
Reference  Rooms.  Our  filings are also available to the public from commercial
document  retrieval  services  and  the  SEC  website  (http://www.sec.gov).

INCORPORATED  DOCUMENTS

The  SEC allows SAFH to "incorporate by reference" information into this Reoffer
Prospectus,  which  means that the Company can disclose important information to
you  by  referring  you  to another document filed separately with the SEC.  The
information  incorporated  by  reference  is  deemed  to be part of this Reoffer
Prospectus, except for any information superseded by information in this Reoffer
Prospectus.

                                        2
SAFH's  Report  on  Form  8-K,  dated  April  3,  2000 is incorporated herein by
reference.  The  Form  10-SB  of  Lost  Coast  Ventures,  Inc.  (the  Company's
predecessor),  filed  with  the  Commission  on January 19, 2000 is incorporated
herein  by reference.  In addition, all documents filed or subsequently filed by
the  Company  under  Sections 13(a), 13(c), 14 and 15(d) of the 1934 Act, before
the  termination  of  this  offering,  are  incorporated  by  reference.

The  Company  will  provide without charge to each person to whom a copy of this
Reoffer  Prospectus is delivered, upon oral or written request, a copy of any or
all  documents incorporated by reference into this Reoffer Prospectus (excluding
exhibits unless the exhibits are specifically incorporated by reference into the
information the Reoffer Prospectus incorporates). Requests should be directed to
the  Chief  Executive  Officer  at SAFH=s executive offices, located at 14500 N.
Northsight  Suite  221,  Scottsdale,  Arizona 85260.  SAFH=s telephone number is
(480)  949-9700.  The  Company's  corporate  Web  site  address  is
http://www.saf-t-hammer.com.

                                        3
COMPANY  ORGANIZATION,  REORGANIZATION  AND  OPERATIONS

     Prior  to  incorporation  as  Saf-T-Hammer Corporation in 1998, the Company
existed  as  De Oro Mines, Inc.  De Oro Mines, Inc. was incorporated on June 17,
1991  in  the  state of Nevada.  Its original Articles of Incorporation provided
for  1,000,000  shares  of common stock with a par value of $0.01 per share.  On
August 15, 1996, the shareholders of the Company authorized the recapitalization
of  the  Company and the Amendment of its Articles of Incorporation to allow the
Corporation  to issue up to 100,000,000 shares of a single class of Common Stock
with  a  par value of $0.001.   The Amended Articles were duly adopted as stated
and  were  filed  on October 16, 1996 with the Secretary of the State of Nevada.
From  its  inception,  De  Oro  Mines, Inc. was in the development stage and was
primarily  engaged  in  the  business  of developing mining properties.   During
1992,  De  Oro  lost  its remaining assets and settled its liabilities, and from
that  date  forward  remained  dormant.  Effective October 20, 1998, the company
acquired  the  assets  of  Saf-T-Hammer,  Inc., and changed its name from De Oro
Mines,  Inc.  to  Saf-T-Hammer  Corporation.  Prior  to  this agreement becoming
effective,  De  Oro  Mines,  Inc.  had a total of 532,788 shares of common stock
issued  and  outstanding.   Pursuant  to the Asset Agreement, the Company issued
1,331,250 shares of common stock to Saf-T-Hammer, Inc., which then resulted in a
total  of  1,864,038  shares  of common stock being issued and outstanding.  The
shareholders also approved a four share for one share forward stock split.  This
asset  purchase  agreement  and bill of sale was approved by the majority of the
shareholders  of  both  corporations and provided for the purchase of all of the
assets  of  Saf-T-Hammer,  Inc.,  which  included  the  device more specifically
described  below  and  all  rights  connected  with  and  concerning the device.

     The  principal asset of Saf-T-Hammer, Inc. was a product in development and
the  patent  pending  rights  to  a  childproof  gun  safety device known as the
Saf-T-Hammer,  which  is  an  easily removable, external firearm hammerhead that
enables  safe  storage  of  weapons,  including  loaded  firearms.   Once  the
Saf-T-Hammer has been removed, the weapon is incapable of discharging.  When the
Saf-T-Hammer  is  placed  back on the weapon, it is again ready to fire.   A gun
owner can easily remove the Saf-T-Hammer in approximately one second and take it
with  him  or  her when leaving the home, thereby relieving the fear of death or
injury  to a child or other person due to an accidental discharge of the weapon.
Upon the gun owner's return, he or she can easily place the Saf-T-Hammer back on
the  weapon  in  about  a  second, as well.   Thus, the Saf-T-Hammer allows both
safety  and protection while the weapon remains loaded.   The unique and salient
features  of  the  Saf-T-Hammer  are  as  follows:

   o Saf-T-Hammer,  unlike  trigger  locks,  can  be  used with a loaded weapon;
   o Saf-T-Hammer  cannot  be  fired  when  in  safety  mode;
   o Saf-T-Hammer  can  be  removed  and  re-armed  in  less  than  a  second;
   o Saf-T-Hammer  requires  no  keys;
   o Saf-T-Hammer  requires  no  codes  to  remember;
   o Saf-T-Hammer  requires  no  appreciable  level  of  mechanical  ability  to
      operate;
   o Saf-T-Hammer  cannot  be  broken,  twisted  or  cut-off;
   o Saf-T-Hammer  is  cheaper than other similar gun safety devices to produce;
      and
   o Saf-T-Hammer  is  currently  patent  pending.

                                        4
The  Company's  administrative  offices  and  distribution  facilities  are
located at 14500 N. Northsight, Suite 221, Scottsdale, Arizona 85260.  There are
currently six employees who perform managerial and administrative duties for the
Company.  To  date,  Saf-T-Hammer Corporation has had no business operations and
limited  prior  operating history.   For the most part, the Company's operations
have  been  narrowly  confined  to  research and development, infrastructure and
market  planning,  and  cultivation  of  its  sales and marketing network.  As a
direct  result  of  the  Company's  emphasis  upon  internal development, it has
fostered  two gun safety products ("Saf-T-Hammer" and "Saf-T-Trigger") that will
be  marketed  and  distributed  through  standard firearms industry distribution
channels, catalogue outlets and direct sales.  The Company has also identified a
unique  proprietary  marketing plan for one of its divisions, an Internet safety
mall.   This  Internet  based  "mall" concept will feature products and services
incidental  to  home  and  family  safety issues and should serve as a secondary
profit  center  to  the  Company's  core  business.

THE  ADDRESSED  MARKET

     Three  target  markets  exist  for  Saf-T-Hammer  &  Saf-T-Trigger:

1.     Current  gun  owners who store their weapons in residences where children
reside  or  visit;

2.     Future  gun  owners who will purchase a weapon equipped with Saf-T-Hammer
or  Saf-T-Trigger,  or  replace  their current weapon with a gun, which has been
equipped  with  Saf-T-Hammer  or  Saf-T-Trigger;  and

3.     Gun  Dealers  and  Gunsmiths,  (technically  known  as  Federal  Firearms
Licensees  or  FFL's)  who  will  act  as  the  distributors of Saf-T-Hammer and
Saf-T-Trigger,  and  as the point of contact for gun owners wanting to be fitted
with Saf-T-Hammer or Saf-T-Trigger technology.  Currently, in the United States,
there  are  93,000  FFL's.

     The  company acknowledges that specialized target marketing strategies will
be required for each of these three markets and has addressed those needs with a
comprehensive  marketing  plan.

NEW  GUN  SALES

     Saf-T-Hammer  plans  to  license the rights of its product to the major gun
manufacturers for a royalty payment for each Saf-T-Hammer or Saf-T-Trigger.  Gun
manufacturers  can produce both of these products for a few dollars apiece after
minor  changes  are  made  to  their  existing  manufacturing  process.

AFTER-MARKET  CONVERSIONS

     Saf-T-Hammer  intends  to establish licensed Saf-T-Hammer dealers (existing
gunsmiths)  to  convert  currently  owned  guns  with  Saf-T-Hammers  and
Saf-T-Triggers.  It  is anticipated that dealers will purchase the products from
the Company, and will charge the customer for the labor involved in installing a
Saf-T-Hammer  or  Saf-T-Trigger.

                                        5
The  dealers  can  install the devices in approximately 10 minutes.  The Company
anticipates that the total cost of the conversion to the consumer will  be  less
than  $50.00.

BUSINESS  STRATEGY

     Current  and  Future  Gun  Owners

     Saf-T-Hammer and Saf-T-Trigger can be marketed successfully to both current
and  future  gun  owners through both conventional techniques, and complimentary
creative  strategies.  Conventional marketing strategies will include the venues
currently  utilized  by  all  gun manufacturers, including magazines, gun shows,
target mailings, etc.  Sales data from the major gun manufacturers suggests that
conventional  marketing  techniques  are successful.  Additionally, Saf-T-Hammer
can  be  promoted  through  unconventional  avenues.  Some  of  these  include:

     Development of relationships with safety organizations such as the National
Safety  Council, Center to Prevent Handgun Violence, Mothers Against Violence in
America  (MAVIA), the NRA's Eddie Eagle Gun Safety Program, and others which are
spreading  across  the  United  States.   In some instances, Saf-T-Hammer should
earn  the  endorsement of safety organizations based on pure product merit.   In
other  circumstances,  a  "team  approach"  can  be utilized to benefit both the
non-profit  entity and Saf-T-Hammer, through the use of cash incentive donations
to  these  organizations  for  sales  attributed  to the organizations' efforts.
     By  virtue  of the novel and unprecedented safety technology it represents,
Saf-T-Hammer  can  make  good utilization of a major public relations "kick-off"
campaign.  The  ease  and  speed  with  which the technology can be implemented,
coupled  with  the  complete  trustworthiness  of  its  safety  features  makes
Saf-T-Hammer a truly newsworthy invention.   Because Saf-T-Hammer's products are
strictly  safety  devices, they are not burdened by the politics surrounding gun
ownership and gun rights, and can be widely embraced as a solution to unintended
gun  injuries and death.  The government scrutiny and public focus on gun danger
makes  the  present  a perfect time to launch Saf-T-Hammer into the marketplace.

     Gun  Dealers  and  Gunsmiths  Performing  Conversions

     Dealers  and  gunsmiths  ("FFL's") will also require specialized marketing.
To successfully foster a mass desire to sell Saf-T-Hammer-equipped firearms will
depend  on  communicating  the  following  to  FFL's:

     The  profit  potential  of  selling  Saf-T-Hammer  equipped  guns;
     The  ease  of  the  conversion  process,  and  the  telephone  and web-site
availability  of  on-going  technical  support;
     The  ease  of  the  use of the Saf-T-Hammer and Saf-T-Trigger, and the ease
with  which it may be demonstrated to the gun owner, as well as the availability
of  point-of-purchase  promotional and training material to be made available to
gun  owners  at  the  dealership.

     Detailed  strategies  for  each  of  these  markets  are  underway.

                                        6
COMPETITION

     The  major  competitors  of  the  Company  are the manufacturers of trigger
locks.  Currently,  most  of  these  devices  require that the guns be unloaded.
Saf-T-Hammer  is  designed to be used on either loaded or un-loaded weapons.  We
not only offer a solution to existing gun owners, but to new gun owners as well.

FIREARMS  AVAILABLE  FOR  SAF-T-HAMMERS

     Nearly  all  of  the  230  million  firearms in the U.S. can be fitted with
either  a  Saf-T-Trigger  or  Saf-T-Hammer,  and  in  many  cases,  both.

INSTITUTION  OF  A  CHARITABLE  FOUNDATION  FOR  GUN  SAFETY

     In  light  of numerous recent events, the Company recognizes that now, more
than ever before, a meaningful statement coupled with action must be effected to
stem  the  tide of both reckless and unintentional gun violence.  The management
of  Saf-T-Hammer  is firmly committed to alleviating the suffering and improving
the  quality  of  life  of all victims of senseless firearms violence.   To this
end,  Saf-T-Hammer  will  be  chartering an independent philanthropic service to
raise  and administer funds for the express purpose of financing relief from and
providing  answers  to  tragedies  that  result from irresponsible gun violence.
After  examining  the root cause, pattern of practice and most significant areas
of  deficiency  surrounding  this  problem, the Company's Board of Directors has
mandated  a  policy  of  intervention  that  will serve to address the blight of
senseless  gun  violence.  The  course  of  action  selected  by  the  Company's
directors  has culminated in a resolution to support the funding of a charitable
foundation  (hereinafter  "Foundation  for  Gun  Safety")  that  will devote its
energies  and  resources  toward  the  following:

     GUN  SAFETY  EDUCATION FUND: This area of intervention will monitor, select
and  award  worthy  organizations  and  institutions  striving  to  implement
educational  programs  that  effectively  disseminate  gun safety and awareness.

     OUTREACH  FUND:  In  recognition  of  the  social and economic climate that
pervades many of our communities, the Foundation for Gun Safety will spearhead a
movement  to  retro-fit  guns  with  the  Saf-T-Hammer  in targeted economically
challenged  areas.  The  Outreach  Fund's  express mission will be to offer this
service  on  a  cost  free,  "no  questions  asked"  basis.

     VICTIM  BEREAVEMENT  FUND: The aftermath of gun violence leaves its mark on
all  strata  of  the American populace and, oftentimes, it does not discriminate
between  those  who  are financially capable of bearing the brunt of medical and
counseling  expenses.   To assuage this additional victimization of the families
who  are  related  to  persons  targeted  by  senseless  firearms  violence, the
Foundation  for Gun Safety will allocate funds and directly apply them to assist
in  supporting  selected  families burdened by the excessive cost of medical and
counseling  expenses.

     To  ensure  the success of this charitable foundation, Saf-T-Hammer expects
to  contribute  the  sum  of  one  dollar  ($1.00) for each dollar raised by the
foundation  up  to  a  maximum  of  5%  of  its  pre-tax  profits.

                                        7
SUMMARY  OF  MANUFACTURING  AND  SERVICE  DIVISIONS

     All  three  divisions,  as  represented  hereinafter,  serve  as  the
manufacturing,  service  and core business of the Company. The following summary
describes  their  function  and  operations  in  brief  detail:

     PRODUCTION.  This  division  is  dedicated to the research, development and
manufacturing  of  products and services employed in the safety product industry
at  affordable  prices.  Saf-T-Hammer  Corporation  ("Saf-T-Hammer")  plans  to
manufacture  and  introduce  a  full  line  of safety products that will provide
families with simple, safe solutions to the dangers that exist in and out of the
home.  At  this  time,  Saf-T-Hammer  is  currently  developing  and testing its
Saf-T-Trigger  device.  The  prototypes  are  built  and stress tested to 10,000
rounds.  Once  the  Company  is  satisfied  that  a prototype meets its rigorous
design  and  function  requirements,  the  prototype  is  sent  for  bid  to
manufacturers.  Manufacturing  specifications  will  be strictly adhered to, and
quality  control  procedures  will ensure the high quality of the final product.
Invariably,  there  is  considerable  cost  and  time  involved  in research and
development  prior  to  the  actualization  of  a  new product as it reaches the
manufacturing stage. The Saf-T-Trigger device is expected to be available to the
market  by  the second quarter of 2000.  To mitigate the liability of developing
additional  safety  products,  Company  management  believes  that the impending
revenue  generated  from  the  introduction  of the Saf-T-Trigger device will be
sufficient  to  offset  the  simultaneous  research  and development cost of its
additional  product  line.  Management  fully  expects  that in following such a
course  of  development  it  should  afford  Saf-T-Hammer  a  lucrative means of
generating  revenue from its retail efforts while new products are developed and
submitted  for  industry  and  regulatory approval.  This division will serve to
meet  the  Company's short-term objective of bringing in revenues to support the
R&D  activities  of  the  Company  while  sustaining its long-term objectives of
exponential  growth.  The  Company believes that through this mode of production
it  will  find  increased  profitability  within  one  year  of  commencement of
manufacturing operations. Saf-T-Hammer will provide its products on a retail and
wholesale  basis  through direct marketing and licensed distribution similar to,
and in such manner as is customarily utilized in the sale of gun parts marketing
programs.   However,  current  plans  are  underway to effect an Internet "Mall"
concept  for  purposes  of highlighting and showcasing the Company's and others'
home  and  family  safety  products.

                                        8
MARKETING.   Saf-T-Hammer  Corporation  will  utilize  traditional  and
non-traditional  venues  to  introduce  and  promote  the Saf-T-Hammer and other
products offered by the Company.  Traditional venues will include utilization of
the  well-established  firearms  industry marketing and distribution networks to
sell  its  products.   The Company recently negotiated placement of its products
with market reps, who carry products directly into dealership and sporting goods
stores in all 50 states.   Management believes that market representatives offer
an  ideal  means of introducing the retail environment to a new product, because
they  combine  on-site,  hands-on  exposure  to  the products with education and
personal  salesmanship.  Saf-T-Hammer  Corporation  will  also  use  traditional
venues  to  reach  the law enforcement market.  Many jurisdictions require their
officers  to  use  a  safety  device  for  their  firearms  while  off-duty.
Non-traditional  consumer  venues include exposure to the family market segment,
through  traditional  media  venues  and  via  partnerships  with  organizations
promoting  safety,  including  law enforcement, schools, pediatricians and other
public  safety  officials.  Extensive  contacts  in  this  arena  are  underway,
including  efforts  to  coordinate  with  law enforcement, and other city public
safety  officials  nationwide.  Internet  exposure  will  be utilized to enhance
product  exposure  and to prime the market by raising public awareness about the
gun  safety  issue.  A  large-scale  public  awareness program is also underway,
which  includes  exposing  press  and  public  officials to the product.  As the
Company  prepares to place its products on the shelves, an intensive advertising
campaign  will  compliment  the  public  relations  efforts  already  underway.

     E-COMMERCE  VENTURES.  Saf-T-Hammer  Corporation is currently exploring the
development  of a complimentary e-commerce element to create additional exposure
for the Company's products, and to generate an additional revenue stream through
sales  of an assortment of safety products to the public over the Internet.  The
Company's  web  site  is  www.saf-t-hammer.com.

                                        9
RISK  FACTORS

COMMERCIALIZATION  STAGE  COMPANY.

     Although  we  were was formed in 1991, since inception we have been engaged
almost  exclusively  in  organizational, research and development activities and
has  just  recently  initiated  product  commercialization.  Accordingly,  as  a
transitional development stage company, we have had a limited relevant operating
history  upon  which  an evaluation of our prospects can be made.  Consequently,
the  likelihood  of success of our business must be considered in view of all of
the  risks, expenses and delays inherent in the establishment of a new business,
including,  but  not limited to, expenses and delays of an ongoing business that
is  commenced,  slower  than anticipated manufacturing and marketing activities,
the  uncertainty  of  market  assimilation  of  our products, services and other
unforeseen  factors.  The  likelihood  of  the our success must be considered in
light of the problems and expenses that are frequently encountered in connection
with  the  operation  of  a new business and the competitive environment that it
encounters.

LIMITED  OPERATING  HISTORY;  LOSSES.

     We  presently  have  had  no business operations and we have only a limited
prior  operating  history.  Although  organized and incorporated in mid 1998, we
did  not  commence  active operations until the beginning of 1999.  To date, our
operations  have  been  narrowly  confined  to  research  and  development,
infrastructure  and  market planning, and cultivation of its sales and marketing
network.  As of December 31, 1999, there have been no revenues.
We  anticipate  that we will continue to incur losses and generate negative cash
flow  over the next six months. At this time, we have no revenues, and
there  is  no  assurance  that  we  will  ever  have  significant revenues or be
profitable  or  achieve  positive  cash  flow  from  operations.

     WE  ARE  PRESENTLY IN UNSOUND FINANCIAL CONDITION WHICH MAKES INVESTMENT IN
OUR  SECURITIES  HIGHLY  RISKY.  Our  financial  statements include an auditor's
report  containing  a modification regarding an uncertainty about our ability to
continue  as  a  going  concern.   Our  financial  statements  also  include  an
accumulated deficit of $1,437,958 as of December 31, 1999  and other indications
of weakness in our present financial position.  We have been operating primarily
through  the  issuance  of  common  stock  for  services  by entities, including
affiliates, that we could not afford to pay in cash.  We are consequently deemed
by  state  securities regulators to presently be in unsound financial condition.
No  person  should  invest in this offering unless they can afford to lose their
entire  investment.

RECENTLY  REORGANIZED  COMPANY.

     De  Oro  Mines,  Inc.  was  incorporated  on  June 17, 1991 in the state of
Nevada.  From its inception, De Oro Mines, Inc. was in the development stage and
was  primarily engaged in the business of developing mining properties.   During
1992  De Oro lost its remaining assets and settled its liabilities and from that
date  forward  remained  dormant.  Effective  October  20,  1998,  De  Oro Mines
acquired  the  assets  of  Saf-T-Hammer,  Inc., and changed its name from De Oro
Mines,  Inc.  to Saf-T-Hammer Corporation.  The principal asset of Saf-T-Hammer,
Inc.  was a product in development and the patent pending rights to the product.
This  potential  product  is  a  childproof  gun  safety  device.

     To  date,  we have had limited operating history and have not conducted any
significant  business.  We  must  therefore be considered promotional and in our
early  formative  and  developmental  stages.  Potential  shareholders should be
aware  of  the  difficulties normally encountered by a new enterprise.  There is
nothing at this time on which to base an assumption that our business plans will
prove  successful,  and  there  is  no assurance that we will be able to operate
profitably.

                                       10
DEPENDENCE  UPON  KEY  PERSONNEL.

    Our  success  depends, in part, upon the successful performance of our CEO,
Mr. Mitchell A. Saltz.  Although we have entered into a comprehensive employment
contract  with  Mr.  Saltz,  and  we have employed and will in the future employ
additional  qualified  executives,  employees and consultants having significant
experience  delivering  the  business  expertise  needed,  if Mr. Saltz fails to
perform  any  of  the  duties  undertaken  by him for any reason whatsoever, our
ability  to manufacture, market and distribute our products would be harmed.  To
mitigate  this risk, we have secured and will maintain key man life insurance on
Mr.  Saltz.  And,  pursuant to its  terms, we are the designated beneficiary and
will  be  entitled  to receive benefits totaling $500,000.  Moreover, we believe
there  are  available  qualified  managerial  and  other personnel in sufficient
numbers  to  properly staff our facilities and offices, but we cannot be sure we
could  do  so.

REGULATION.

     Our  business,  as well as all participants in the production and marketing
of  gun  parts,  is  subject  to  various laws and governmental regulations. The
manufacture  and  marketing  of  gun parts is governed by various state laws and
federal  regulations  and  protocols.  We believe we are in compliance with such
laws and that such laws do not have a material adverse impact on our operations.
Such  laws,  rules, regulations and protocols are subject to change.  Therefore,
our  approach  to  compliance  may  require  modifications  to adjust for future
regulatory  change.

COMPETITION.

     There  are  several  manufacturing  entities  and  service  providers  that
currently  offer  products and services similar to those which we have proposed.
These  entities  may  have greater financial and personnel resources than we do.
Manufacture and use of gun safety devices throughout the United States is on the
increase.  The  gun  industry,  in  general,  is  dominated by a small number of
companies  that are well known to the public.  We believe that as a manufacturer
of a firearm safety device line, both wholesale and retail, we should be able to
compete  with  the  better  known  brands  of  service  companies  presently  in
operation.  Although  we  consider  ourselves favorably positioned to compete in
this  market  niche, our profitability may be harmed if other competing entities
continue  to  operate  or  commence  operations  in our proposed regional areas.

RELIANCE  ON  OUTSIDE  SUPPLIERS.

     We  purchase  our  die  molds,  raw materials and supplies from independent
sources  and  will  for some time remain dependent upon such outside sources for
all  of  our unprocessed natural products.  We do not know if these sources will
be  able to provide adequately for our current and future needs and the needs of
our  customers.  In  the  event  that any of our suppliers should suffer quality
control  problems,  lack of raw materials or financial difficulties, we would be
required  to  find  alternative  sources for our product lines. The time lost in
seeking  and  acquiring additional and newer sources could hurt our revenues and
profitability.

EFFECTS  ON FLUCTUATIONS IN RAW AND PROCESSED MATERIALS, COSTS AND AVAILABILITY.

     We  purchase  premium  grade  raw  and  processed  materials for use in our
manufacturing  enterprise.  Such  products are obtained from third party sources
and manufacturing sub-contractors. The price and availability of these materials
are  subject  to  numerous  factors  not  within  our control including: weather
conditions,  policies  of foreign countries and/or trade restrictions as well as
the status of the worldwide demand for raw, organic, metal, chemical and plastic
ingredients.  In  the  event  we  cannot  timely  acquire  our raw and processed
materials from third party entities, our ability to ship products and to service
our  targeted  markets  on  a  timely  basis,  if  at  all,  would  be  harmed.

                                       11
CONFLICTS  OF INTEREST.  Certain conflicts of interest exist between us and
our  officers  and  directors.  They have other business interests to which they
devote  attention,  and  they  may  be  expected  to  continue to do so although
management  time  should  be devoted to our business.  As a result, conflicts of
interest  may  arise that can be resolved only through exercise of such judgment
as  is  consistent  with  their  fiduciary  duties.

     POSSIBLE  NEED  FOR  ADDITIONAL FINANCING.  We have very limited funds, and
such  funds  may  not  be  adequate  to take advantage of any available business
opportunities.  Even  if our funds prove to be sufficient to acquire an interest
in,  or  complete  a  transaction  with, a business opportunity, we may not have
enough capital to exploit the opportunity.  Our ultimate success may depend upon
our  ability  to  raise  additional  capital.  We  have  not  investigated  the
availability,  source,  or terms that might govern the acquisition of additional
capital  and  will not do so until we determine a need for additional financing.
If  additional  capital  is  needed,  there  is  no assurance that funds will be
available  from  any source or, if available, that they can be obtained on terms
acceptable  to  us.  If  not  available, our operations will be limited to those
that  can  be  financed  with  our  modest  capital.

     REGULATION OF PENNY STOCKS.  Our securities are subject to a Securities and
Exchange  Commission  rule that imposes special sales practice requirements upon
broker-dealers  who  sell  such  securities  to  persons  other than established
customers  or  accredited  investors.  For  purposes  of  the  rule,  the phrase
"accredited  investors"  means,  in  general  terms, institutions with assets in
excess  of $5,000,000, or individuals having a net worth in excess of $1,000,000
or  having an annual income that exceeds $200,000 (or that, when combined with a
spouse's  income,  exceeds $300,000).  For transactions covered by the rule, the
broker-dealer  must  make  a special suitability determination for the purchaser
and  receive  the  purchaser's written agreement to the transaction prior to the
sale.  Consequently,  the  rule may affect the ability of broker-dealers to sell
our  securities  and  also  may affect the ability of shareholders to sell their
securities.

     In addition, the Securities and Exchange Commission has adopted a number of
rules  to  regulate  "penny  stocks."  Such  rules  include Rules 3a51-1, 15g-1,
15g-2,  15g-3,  15g-4, 15g-5, 15g-6, and 15g-7 under the Securities Exchange Act
of  1934,  as  amended.  Because  our  securities  may constitute "penny stocks"
within  the  meaning  of  the  rules,  the  rules  would  apply to us and to our
securities.  The  rules  may  further  affect  the  ability  of  owners  of  our
securities  to  sell  our  securities.

                                       12
Shareholders  should  be  aware  that, according to Securities and Exchange
Commission  Release  No.  34-29093,  the market for penny stocks has suffered in
recent  years  from  patterns  of  fraud  and  abuse.  Such patterns include (i)
control  of  the market for the security by one or a few broker-dealers that are
often  related  to  the  promoter or issuer; (ii) manipulation of prices through
prearranged  matching  of  purchases  and  sales  and false and misleading press
releases;  (iii)  "boiler  room" practices involving high-pressure sales tactics
and unrealistic price projections by inexperienced sales persons; (iv) excessive
and undisclosed bid-ask differentials and markups by selling broker-dealers; and
(v) the wholesale dumping of the same securities by promoters and broker-dealers
after  prices have been manipulated to a desired level, along with the resulting
inevitable collapse of those prices and with consequent investor losses.  We are
aware  of  the abuses that have occurred historically in the penny stock market.
Although  we  do  not  expect to be in a position to dictate the behavior of the
market  or  of  broker-dealers  who  participate  in the market, management will
strive  within  the  confines  of practical limitations to prevent the described
patterns  from  being  established  with  respect  to  our  securities.

     LIMITED  PUBLIC  MARKET  EXISTS.  There  is a limited public market for our
common  stock, and no assurance can be given that a market will continue or that
a shareholder ever will be able to liquidate his investment without considerable
delay,  if  at  all.  The  market  price  for  our stock may be highly volatile.
Factors  such  as  those  discussed  in  this  "Risk Factors" section may have a
significant  impact  upon  the market price of our securities.  Owing to the low
price  of  the  securities,  many  brokerage  firms may not be willing to effect
transactions  in  the securities.  Even if a purchaser finds a broker willing to
effect  a  transaction  in  these  securities,  the  combination  of  brokerage
commissions,  state  transfer  taxes,  if  any,  and any other selling costs may
exceed  the  selling  price.  Further, many lending institutions will not permit
the  use  of  such  securities  as  collateral  for  any  loans.

     FORWARD-LOOKING  STATEMENTS AND ASSOCIATED RISKS.  Management believes that
this  Prospectus  on  Form S-8 contains  forward-looking  statements,  including
statements  regarding, among other items, our future plans and growth strategies
and  anticipated  trends  in  the  industry  in  which  we  operate.  These
forward-looking  statements  are  based  largely on our control.  Actual results
could  differ  materially  from  these forward-looking statements as a result of
factors  we  describe  herein,  including,  among others, regulatory or economic
influences.

     USE  OF  PROCEEDS

SAFH  will  not  receive  any  of the proceeds from the sale of shares of common
stock  by  the  Selling  Shareholders.

                                       13
SELLING SHAREHOLDERS

The  Shares  of  the  Company to which this Reoffer Prospectus relates are being
registered  for  reoffers  and resales by the Selling Shareholders, who acquired
the  Shares  pursuant  to  a  compensatory benefit plan with SAFH for consulting
services  they  provided  to  SAFH.  The  Selling Shareholders may resell all, a
portion  or  none  of  such  Shares  from  time  to  time.

The  table below sets forth with respect to the Selling Shareholders, based upon
information  available to the Company as of April 5,  2000, the number of Shares
owned, the number of Shares registered by this Reoffer Prospectus and the number
and  percent  of  outstanding  Shares  that  will be owned after the sale of the
registered  Shares  assuming  the  sale  of  all  of  the  registered  Shares.

                       NUMBER OF                                    % OF SHARES
                       SHARES       NUMBER OF SHARES  NUMBER OF     OWNED BY
SELLING                OWNED        REGISTERED BY     SHARES OWNED  SHAREHOLDER
SHAREHOLDERS           BEFORE SALE  PROSPECTUS        AFTER SALE    AFTER SALE
---------------------  -----------  ----------------  ------------  ------------

M. Richard Cutler (1)      206,000           108,500        97,500         1.09%
---------------------  -----------  ----------------  ------------  ------------

Brian A. Lebrecht           65,000            35,000        30,000         0.34%
---------------------  -----------  ----------------  ------------  ------------

Vi Bui                      48,750            26,250        22,500         0.25%
---------------------  -----------  ----------------  ------------  ------------

Asher Starik               125,000            75,000        50,000         0.56%
---------------------  -----------  ----------------  ------------  ------------

Stephanie Crumpler           5,250             5,250             0         0.00%
---------------------  -----------  ----------------  ------------  ------------

(1)  Of  such  shares,  97,500  are  held by MRC Legal Services LLC.  M. Richard
Cutler  may  be  deemed  to  be  the beneficial owner of MRC Legal Services LLC.

                              PLAN OF DISTRIBUTION

The  Selling  Shareholders may sell the Shares for value from time to time under
this  Reoffer  Prospectus  in  one  or more transactions on the Over-the-Counter
Bulletin  Board  maintained  by  Nasdaq,  or  other  exchange,  in  a negotiated
transaction  or  in  a  combination  of  such  methods of sale, at market prices
prevailing  at  the  time  of  sale, at prices related to such prevailing market
prices  or  at prices otherwise negotiated.  The Selling Shareholders may effect
such  transactions by selling the Shares to or through brokers-dealers, and such
broker-dealers  may  receive compensation in the form of underwriting discounts,
concessions  or  commissions from the Selling Shareholders and/or the purchasers
of  the Shares for whom such broker-dealers may act as agent (which compensation
may  be  less  than  or  in  excess  of  customary  commissions).

                                       14
The  Selling  Shareholders  and  any  broker-dealers  that  participate  in  the
distribution of the Shares may be deemed to be "underwriters" within the meaning
of  Section  2(11) of the 1933 Act, and any commissions received by them and any
profit  on  the  resale of the Shares sold by them may be deemed be underwriting
discounts  and  commissions  under the 1933 Act.  All selling and other expenses
incurred  by the Selling Shareholders will be borne by the Selling Shareholders.

In  addition  to any Shares sold hereunder, the Selling Shareholders may, at the
same  time,  sell any shares of common stock, including the Shares, owned by him
or  her  in  compliance  with all of the requirements of Rule 144, regardless of
whether  such  shares  are  covered  by  this  Reoffer  Prospectus.

There is no assurance that the Selling Shareholders will sell all or any portion
of  the  Shares  offered.

The  Company  will  pay all expenses in connection with this offering other than
the  legal fees incurred in connection with the preparation of this registration
statement  and  will  not  receive  any proceeds from sales of any Shares by the
Selling  Shareholders.

                                  LEGAL MATTERS

The  validity  of  the  Common  Stock offered hereby will be passed upon for the
Company  by  the  Cutler  Law  Group,  Newport  Beach,  California.

                                     EXPERTS

The  balance  sheets  as  of  December  31,  1998 and 1999 and the statements of
operations,  shareholders' equity and cash flows for the periods then ended have
been incorporated by reference in this Registration Statement in reliance on the
report  of  Stonefield  Josephson & Co., Inc., independent accountants, given on
the  authority  of  that  firm  as  experts  in  accounting  and  auditing.

                                       15
PART  II

     INFORMATION  REQUIRED  IN  THE  REGISTRATION  STATEMENT

ITEM  3.     INCORPORATION  OF  DOCUMENTS  BY  REFERENCE.

     The  following  documents  are  hereby  incorporated  by  reference in this
Registration  Statement:

(i)     Registrant's  Form  8-K  for  an event on March 31, 2000, filed with the
Commission  on  April  3,  2000.

(ii)     Registrant's  Form 10-SB (in the name of Lost Coast Ventures, Inc., the
Company's reporting predecessor), filed with the Commission on January 19, 2000.

(iii)     All  other  reports and documents subsequently filed by the Registrant
pursuant  after  the  date  of  this Registration Statement pursuant to Sections
13(a),  13(c),  14, or 15(d) of the Securities Exchange Act of 1934 and prior to
the  filing  of  a  post-effective amendment which indicates that all securities
offered hereby have been sold or which deregisters all securities then remaining
unsold,  shall be deemed to be incorporated by reference and to be a part hereof
from  the  date  of  the  filing  of  such  documents.

ITEM  4.     DESCRIPTION  OF  SECURITIES.

     Not  applicable.

ITEM  5.     INTERESTS  OF  NAMED  EXPERTS  AND  COUNSEL.

Certain  legal  matters  with respect to the Common Stock offered hereby will be
passed  upon  for  the  Company by the Cutler Law Group, counsel to the Company.
Mr. M. Richard Cutler, principal of the Cutler Law Group is the beneficial owner
of  206,000  shares  of  Common  Stock  of  the  Company.  108,500 shares of the
foregoing  are  being registered for sale herein.  Other employees of the Cutler
Law  Group hold an additional 119,000 shares of the Common Stock of the Company.
66,500  shares  of  the  foregoing  are  being  registered  for  sale  herein.

ITEM  6.     INDEMNIFICATION  OF  DIRECTORS  AND  OFFICERS.

     The  Corporation  Laws  of  the  State  of  Nevada and the Company's Bylaws
provide  for  indemnification  of  the  Company's  Directors for liabilities and
expenses  that  they  may  incur  in such capacities.  In general, Directors and
Officers are indemnified with respect to actions taken in good faith in a manner
reasonably  believed  to  be  in,  or  not opposed to, the best interests of the
Company, and with respect to any criminal action or proceeding, actions that the
indemnitee  had  no reasonable cause to believe were unlawful.  Furthermore, the
personal  liability  of  the  Directors  is limited as provided in the Company's
Articles  of  Incorporation.

                                      II-1
ITEM  7.     EXEMPTION  FROM  REGISTRATION  CLAIMED.

     The  Shares  were  issued  for advisory and legal services rendered.  These
sales  were made in reliance of the exemption from the registration requirements
of  the  Securities  Act  of 1933, as amended, contained in Section 4(2) thereof
covering  transactions  not  involving  any public offering or not involving any
"offer"  or  "sale".

ITEM  8.     EXHIBITS

Exhibit  No.       Description

*3.1               Articles  of  Incorporation
*3.2               Bylaws
5                  Opinion of Cutler Law Group with respect to legality of the
                    securities of the Registrant begin registered
10.1               Consulting  Agreement  dated  March  31,  2000.
23.1               Consent of Stonefield Josephson & Co., Inc., Certified Public
                    Accountants
23.3               Consent of Cutler Law Group (contained in opinion to be filed
                    as  Exhibit  5)
_______________________
*Incorporated  by  reference  to  the  Company's  Form  8-K filed April 3, 2000.

ITEM  9.     UNDERTAKINGS.

     (a)     The  undersigned  Registrant  hereby  undertakes:

(1)     To  file,  during  any period in which offers or sales are being made, a
post-effective  amendment to this Registration Statement to include any material
information with respect to the plan of distribution not previously disclosed in
the  Registration  Statement  or  any material change to such information in the
Registration  Statement.

(2)     That,  for the purpose of determining any liability under the Securities
Act  of  1933,  each  such  post-effective amendment shall be deemed to be a new
registration  statement  relating  to  the  securities  offered therein, and the
offering  of such securities at that time shall be deemed to be the initial BONA
FIDE  offering  thereof.

(3)     To  remove  from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of the
offering.

                                      II-2
(b)     The  undersigned  Registrant  hereby  undertakes  that,  for purposes of
determining  any  liability under the Securities Act of 1933, each filing of the
Registrant's  Annual  Report  pursuant  to Section 13(a) or Section 15(d) of the
Securities  Exchange  Act  of  1934  (and,  where  applicable, each filing of an
employee  benefit  plan's  annual  report  pursuant  to  Section  15(d)  of  the
Securities  Exchange  Act  of  1934)  that  is  incorporated by reference in the
Registration  Statement  shall  be  deemed  to  be  a new registration statement
relating  to the securities offered therein, and the offering of such securities
at  that  time  shall  be  deemed  to be the initial BONA FIDE offering thereof.

(c)     Insofar  as indemnification for liabilities arising under the Securities
Act  of  1933 may be permitted to directors, officers and controlling persons of
the  Registrant  pursuant  to  the  foregoing  provisions,  or  otherwise,  the
Registrant  has  been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and  is, therefore, unenforceable. In the event that a claim for indemnification
against  such  liabilities (other than the payment by the Registrant of expenses
incurred  or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has  been  settled  by  controlling  precedent, submit to a court of appropriate
jurisdiction  the  question whether such indemnification by it is against public
policy  as  expressed  in  the  Securities Act and will be governed by the final
adjudication  of  such  issue.

                                      II-3
SIGNATURES

     Pursuant  to the requirements of the Securities Act of 1933, the registrant
certifies  that  it  has  reasonable grounds to believe that is meets all of the
requirements  for  filing  on  Form  S-8  and  has duly caused this registration
statement  to  be  signed  on  its  behalf  by  the  undersigned, thereunto duly
authorized,  in  the City of Los Angeles, State of California, on April 5, 2000.

                                         Saf-T-Hammer  Corporation

                                         /s/ Mitchell  L.  Saltz

                                         By:     Mitchell  L.  Saltz
                                         President and Chief Executive Officer

     Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
registration  statement  has  been  signed  by  the  following  persons  in  the
capacities  and  on  the  dates  indicated.

                                            Chief  Executive  Officer  and
/s/ Mitchell  L.  Saltz                     Chairman  of the  Board
______________________
Mitchell  L.  Saltz

/s/ Sherry  Noreen                          Vice  President  and  Director
______________________
Sherry  Noreen

/s/ Theodore  Saltz                         Secretary/Treasurer  and  Director
______________________
Theodore  Saltz

                                      II-4