CPMCF Coastal Pacific Mining Corp featured news, full reports, and detailed charts
Coastal Pacific Mining Corp (CPMCF/CPMCF.OB) Wrap Up:
Coastal Pacific Mining Corp. engages in the exploration, development, and mining of mineral properties. It primarily holds interest in McNeil Prospect located in Ontario, Canada. The company principally explores for gold, silver, copper, and base metals. It has various joint venture agreements in South America, the United States, and Canada. The company was founded in 2007 and is headquartered in Calgary, Canada.Coastal Pacific Mining Corp. (CPMCF:OTC Bulletin Board Market)
Snapshot of Coastal Pacific Mining Corp. (CPMCF)
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OPEN
$0.05
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PREVIOUS CLOSE
$0.07
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DAY HIGH
$0.05
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DAY LOW
$0.05
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52 WEEK HIGH
06/23/09 - $2.50
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52 WEEK LOW
10/30/09 - $0.02
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MARKET CAP
1.8M
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AVERAGE VOLUME 3 mo
15.6K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
35.8M
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CPMCF Does Not Pay Dividends
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P/E TTM
NM
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CPMCF Top Compensated Officers
Executives, Board Directors
Key developments for Coastal Pacific Mining Corp. (CPMCF)
Coastal Pacific Mining Corp. announced that the Company will be focussing its exploration program on two separate gold zones within the McNeil Gold Property. The two identified zones for the up and coming exploration programs are the 'Bulls eye' zone, and the 'Isadore-Micmac' Zone. The 'Bulls eye' Zone is located in the north-western portion of the Property and the 'Isadore-MicMac' in the south-eastern to south-central portion of the Property. The Bulls eye zone represents a Copper-Gold system within a Hydrothermal Alteration Pipe identified by a large 350 meter circular magnetic anomaly and coincidental gravity anomaly detailed in 2006 by Warrior Ventures Inc. Two test holes, totalling 500 meters were drilled in 2008 by Warrior Ventures on the Bulls eye Zone and each hole intersected over 200 meters of mineralized alteration. Selected copper-gold assays in each hole ranged from 0.10% CU to 1.02% CU and 100ppb AU to 1049ppb AU.
Coastal Pacific Mining Corp. filed its 20-F on July 29, 2009 for the period ending April 30, 2009. In this report its auditor, Child, Van Wagoner & Bradshaw, PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Coastal Pacific Mining Corp. completed the signing of a joint venture/option agreement with Warrior Ventures Inc. for the McNeil gold property in the Timmins/Matachewan area of Northeastern Ontario. Under the terms of the joint venture/option agreement, Coastal Pacific Mining can earn a 40% interest in the McNeil Gold Property by spending two million dollars ($2,000,000) in exploration over the next 2 years and completing cash and stock payments to Warrior Ventures Incorporated as detailed under the joint venture/option agreement. The McNeil Gold Property consists of 256 claim units, approximately 4100 hectares, located 65 km south-east of Timmins, Ontario and 25 km north-west of Matachewan, Ontario, along the prolific Montreal River Fault.
CPMCF Competitors
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Industry Analysis
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
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More Recent News About Coastal Pacific Mining Corp
More news for CPMCF
Coastal Pacific Identifies Two Gold Zones for Summer Exploration Program within McNeil Gold Property
CALGARY, Alberta--(BUSINESS WIRE)--Coastal Pacific Mining (OTCBB:CPMCF - News) (the “Companyâ€) announces today that the Company will be focussing its exploration program on two separate gold zones within the McNeil Gold Property (the “Propertyâ€). The two identified zones for the up and coming exploration programs are the “Bulls eye†zone, and the “Isadore-Micmac†Zone. The “Bulls eye†Zone is located in the north-western portion of the Property and the “Isadore-MicMac†in the south-eastern to south-central portion of the Property.Property HighlightsBulls eye ZoneThe Bulls eye zone represents a Copper-Gold system within a Hydrothermal Alteration Pipe identified by a large 350 meter circular magnetic anomaly and coincidental gravity anomaly detailed in 2006 by Warrior Ventures Inc.Two test holes, totalling 500 meters were drilled in 2008 by Warrior Ventures on the Bulls eye Zone and each hole intersected over 200 meters of mineralized alteration. Selected copper-gold assays in each hole ranged from .10% CU to 1.02% CU and 100ppb AU to 1049ppb AU.Isadore-MicmacA large 2-kilometre long by 1-kilometre wide gold zone was identified in 2007 by Warrior Ventures known as the Isadore-MicMac Zone with ...Click here to read the whole Article (external link)
COASTAL PACIFIC MINING CORP Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
