Wednesday, December 21, 2011 7:55:37 PM
ABOUT GOLD COAST MINING
Gold Coast Mining Corp plans to pursue growth and enhance shareholder value through acquisition opportunities in and out of the mining industry. There are many lucrative mining projects that are sitting idle due to lack of capital and/or financing direction. Gold Coast will seek to capitalize on these opportunities by securing capital, finance consulting, equipment assistance and other financial assistance to these companies/projects.
Gold Coast had previously secured 2 joint venture opportunities, the Oro Cache Mine and the Eagle Mine. Gold Coast is a 50% revenue sharing joint venture partner in both projects.
To date, Gold Coast has been unable to secure financing for these joint venture projects that it feels is favorable to its shareholders. Management continues to pursue capital and other potential joint venture opportunities. Currently management is working with Western Sierra Mining to secure and finalize a project, with financing built in, that the two parties will operate within Gold Coast.
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