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.