Coastal Gold and Sulliden Mining Capital have signed a definitive arrangement agreement dated March 2, 2015 pursuant to which Sulliden will acquire all of the issued and outstanding common shares of Coastal Gold by way of a plan of arrangement under the Business Corporations Act (Ontario). Under the terms of the Transaction, Sulliden will acquire [...]
Coastal Gold has filed a National Instrument 43-101 technical report related to its press release issued on January 12, 2015 announcing an update to the high grade mineral resource estimate for the Hope Brook Gold Project in southwest Newfoundland. The independent technical report, entitled "2015 Mineral Resource Estimate, Technical Report Hope [...]
Coastal Gold is pleased to appoint Mr. David Gower as Interim Chairman of its Board of Directors. Mr. Gower has over 20 years of experience in exploration with Falconbridge, Noranda where he was a member of the Senior Operating Team responsible for mining projects. He has led exploration teams responsible for brownfield discoveries at Raglan and [...]
Coastal Gold has updated the high grade underground mineral resource estimate for the Company's Hope Brook Gold Project in Newfoundland. This new resource estimate is within the previously released mineral resource estimate. The area encompassing the new resource estimate is in proximity to the existing ramp that extends to a depth of 350 metres [...]
Coastal Gold is pleased to congratulate Dr. Bill Pearson, P.Geo., President and CEO of Coastal Gold on being selected for the 2015 Prospectors and Developers Association of Canada (PDAC) Distinguished Service Award, which will be presented to Dr. Pearson at the PDAC Awards Dinner to be held on March 2, 2015 during the 2015 Annual PDAC Convention [...]
Coastal Gold flagship property is the Hope Brook Gold project in southwestern Newfoundland, As previously announced, the Company is focusing on the potential to expand and develop a high grade underground resource in order to take advantage of existing infrastructure on the site, which includes a ramp that extends to a depth of 350 metres below [...]
Coastal Gold shareholders approved all matters put forth at the annual and special meeting of shareholders of Coastal Gold held on June 16, 2014, including the proposed shares for debt settlement whereby Coastal Gold has issued 34,628,659 common shares at a deemed price per share of $0.05 in settlement of liabilities of $1,731,432.97 on account of [...]
Coastal Gold announces that after a detailed review of engineering options, the Company will focus on potential development of an underground higher grade mineral resource included within the previously released mineral resource estimate for the Company's Hope Brook Gold Project in Newfoundland. This approach takes advantage of the existing ramp [...]
Coastal Gold will be taking advantage of the Notice-and-Access rules to reduce printing and mailing costs associated with the dissemination of annual information to shareholders. Notice-and-Access permits annual financial statements, management's discussion and analysis and meeting circulars to be posted on a publicly available website, instead of [...]
Coastal Gold has completed the sale of its wholly-owned subsidiary, Castillian Metais Ltda., to Falcon Metais Ltda. CML holds a 100% interest in the Mangabal nickel-copper project in Goias State. In consideration for the shares of CML, Falcon Metais has agreed to assume all liabilities and obligations of CML, including those relating to the [...]
Coastal Gold provides the following corporate update: Dr. Bill Pearson, P.Geo., President & CEO of Coastal Gold, commented: "Over the past year, in spite of the difficult market conditions, we have substantially advanced our Hope Brook Gold Project. On December 4, 2013 we released an updated mineral resource estimate that increased the indicated [...]
Coastal Gold has entered into an agreement to sell its wholly-owned subsidiary, Castillian Metais Ltda., to Falcon Metais Ltda. CML holds a 100% interest in the Mangabal nickel-copper project in Goias State, Brazil. In consideration for the shares of CML, Falcon Metais has agreed to assume all liabilities and obligations of CML, including those [...]