Coastal Gold Corp. is a mineral exploration company. The Company is engaged in the acquisition, financing, exploration and development of mining properties. The Company’s flag ship property is the Hope Brook Gold Project located in southwestern Newfoundland. The property consists of 1005 claims covering 25,150 hectares. It has an NI 43-101 mineral resource of 19.9 million tons at 1.93 grams gold/ton (Au/t) for 1,239,000 ounces of indicated mineral resources and 1.3 million tons at 3.22 grams Au/t for 138,000 ounces of inferred mineral resources. In addition, the property contains inferred mineral resource in tailings of 4.9 million tons at 0.86 grams Au/t for 134,500 ounces gold and 0.09% copper for 9.5 million pounds of copper. The Company also owns 100% of Paramirim Gold-Copper Project, which is located in west-central Bahia state, Brazil.