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Re: MyGold post# 305

Wednesday, 10/27/2010 6:24:56 PM

Wednesday, October 27, 2010 6:24:56 PM

Post# of 2370
Letter of intent...

"Coastal Pacific Mining Corp. (OTCBB: CPMCF) ("Coastal Pacific" or the "Company") is pleased to announce it has entered into a letter of intent with Mr. Hans Peter Flueck to enter into an option Agreement to earn a 50% interest in a group of claims known as the Santa Rita ("Property"). "

It reads to me as though they don't have any of the claim at this moment.

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