Coastport Capital Inc.
FRANKFURT : C1J
TSX : CPP

Coastport Capital Inc.

December 22, 2006 13:09 ET

Coastport Reports Appointment of Vice-President of Exploration

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 22, 2006) - Coastport Capital Inc. (TSX VENTURE:CPP)(FRANKFURT:C1J) announces the appointment of Robin Adair as the Company's Vice-President of Exploration. Mr. Adair holds a B.Sc. and M.Sc. degree in geology from the University of Alberta. Prior to joining the Company, Mr. Adair was employed with Falconbridge Limited / Noranda Inc. for over 25 years in exploration and advanced projects, including extensive experience in VMS projects as well as porphyry copper/epithermal systems to the level of Exploration Manager.

Management believes that Mr. Adair's experience is very well suited to the Company's La Plata and Shyri projects in Ecuador and future advancement of corporate objectives.

In conjunction with his appointment, Mr. Adair has been granted 100,000 stock options at $1.01 per share exercisable for a period of two years.


On Behalf of the Board,

David Patterson

President, Coastport Capital Inc.

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