SOURCE: Coastal Pacific Mining Corp.

Coastal Pacific Mining Corp.

October 20, 2010 17:21 ET

Coastal Pacific Launches New Website

CALGARY, AB--(Marketwire - October 20, 2010) -  Coastal Pacific Mining Corp. (OTCBB: CPMCF) ("Coastal Pacific" or the "Company") announces that it has now launched its newly enhanced website, www.coastalpacificminingcorp.com.  

Coastal Pacific Mining activities are to explore, develop and mine gold and silver resources in North and South America. As its primary focus, the Company will joint venture with companies offering reserves to develop and produce. Currently the company is in joint venture agreements in Ontario, Canada.

Our philosophy is to participate with Companies who are in the later stage of exploration and are ready for development. Gold and silver have been used as money for over 3,000 years. History has shown that in periods of market downturns gold and silver have proven to be a dependable hedge for investors against both inflation and any monetary crisis.

Cautionary note:

FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company's business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations about the Company's business. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements. These statements involve risks that are difficult to evaluate. Actual results can vary from descriptions herein due to many factors including changes in metal prices and business conditions; changes in laws and regulations; problems encountered in exploration and obtaining permits; changes in the competitive environment; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements.

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