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Coastal Gold Corp.

09:47 AM EST - Coastal Gold Corp. : announced further results from its 2013 resource definition diamond drill program at its 100% owned Hope Brook Gold Project in southwestern Newfoundland. Assays have been received for an additional four holes that tested the newly developed "Footwall Target" where previous mining left significant higher-grade mineralization in the footwall of the stopes. Drill Program Highlights: Hole HB13-116 intersected 4.95 grams gold per tonne (g Au/t) over a core length of 14.9 metres (m) in the footwall of the 5015-180 stope. Hole HB13-114, approximately 100 m southwest of HB13-116, intersected high grade mineralization on the footwall of the 4960-170 stope grading 5.12 g Au/t over a core length of 7.0 m. Coastal Gold Corp.
shares V.COD are trading unchanged at $0.04.