TSX-V COD

OTCQX COGGF

FRANKFURT CY41

Growing Projects

in Canada

Growing the Hope Brook Gold Project

Corporate Presentation

August 2013

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Canadian mineral exploration company whose focus is

growing the Hope Brook Gold project in Canada.

Coastal Gold’s flagship property is

the Hope Brook Gold Project in

mining-friendly, southwestern Newfoundland.

Currently completing a 4,250m resource

definition drill program to support a

Preliminary Economic Assessment

scheduled for completion early 2014.

Completed a 6,000m Fall drilling program in 2012

which outlined a major new near surface target

zone that extends 1,200m along strike.

Bulk of resource is within potentially open pittable

constraining shell defined at $1,400/oz gold and

cutoff grade of 0.5 g Au/t.

Updated NI 43-101 Mineral Resource released

for Hope Brook in October 2012 only 8 months

after initial estimate.

Strong Board, Management and Technical

Team committed to developing the project.

Resource Definition Drilling

Resource Definition diamond drill program commenced August 2013

4,250 metres of diamond drilling planned in 23 drillholes.

Focus primarily on testing two main areas - The Footwall Target and Southwest

Pit extension to expand and upgrade potentially open pittable resources.

70 Vibracore drill holes to test gold mineralization within the tailings ponds.

Preliminary Economic Assessment (PEA)

Engineering and technical work for PEA commenced August 2013

Allan Polk, P.Eng. an experienced mining engineer appointed project manager

Updated resource estimate following drilling to form basis for PEA

Study scheduled to be completed in early 2014

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100% ownership in 1,005 claims

covering approximately 25,000 ha*

Historical production (1987 –

1997) of 752,163 ounces gold in

time of low gold prices

(<US$400/oz)

Mine produced a copper

concentrate from 1993-1997

No exploration drilling on property

since 1996 until Coastal Gold

started diamond drilling in 2010

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High sulphidation gold

deposit formed from a

long lived magmatic-

hydrothermal system

Mineralized zone open

along strike and at

depth

Alteration pattern

similar to large scale

epithermal systems

Considerable upside

for outlining additional

higher grade

mineralization within

extensive lower grade

mineralization

Drill program identified a major new

near surface target zone in the

“Connector Zone” that extends for

1,200m along strike

Mineralized silicified zones were

intersected over a strike length of

3.4km demonstrating continuity of the

system

Thickness and character of the

Connector Zone alteration is

interpreted to be similar to that of the

former mine and 240 Zone

New Drill Results* include:

• Hole HB12-100: 1.51 Au g/t over 14m, 2.03

Au g/t over 8m, and 1.07 Au g/t over 18.1m

• Hole HB12-101: 1.04 g Au/t over 8.5m, 1.44 g

Au/t over 2.9m, and 1.35 g Au/t over 5.6m

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Major Exploration Targets at Hope Brook

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Information contained in this image is interpreted from the NI 43-101 Technical Report

New Structural Model with Major Folds

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Drilling and geophysics have identified a major fold structure that closes below surface in the Connector Zone. This explains why the silicified horizon doesn’t come to surface southwest of the existing mine where historical drilling failed to intersect the mineralized silicified zone.

open

open

open 240 Zone

open

Mine Zone

Newly Identified Major Near Surface Target Zone

*For full Mineral Resource Estimate, please refer to the table and technical disclosures found on slide 11

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Constraining shell incorporates essentially all of the remaining historic resources in the

former Hope Brook mine in addition to new areas of resource as defined by Coastal

Gold, including the Pit Zone, Hanging Wall Zone and Mine Zone Extension.

There is a possible copper credit that is not included in the mineral resource due to

missing copper assays in historical drill holes.

Resource estimate includes a dyke dilution model hence reported grades are diluted

Growing the Resource

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Deposit is open along strike and at depth

Twinned holes typically return much higher gold and copper grades compared to historical holes

Historic drill holes too short to test depth extension

Widespread higher grade mineralization

Silicified zones can be traced using geophysics with new drilling confirming intercepts

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Power from Provincial

Electrical Power Grid

Wharf on Tide Water

Existing Tailings Ponds

1.2km Long Air Strip

Ramp to 350m below surface

Excellent Local Labour Force

Highly rated mining jurisdiction

Good Road Network

Air Strip

Wharf

Ramp Portal

Wharf

Tailings Ponds

Power Grid

Airstrip

Resource Definition Drilling

Resource Definition diamond drill program commenced August 2013

4,250 metres of diamond drilling planned in 23 drill holes.

Focus primarily on testing two main areas - The Footwall Target and Southwest

Pit extension to expand and upgrade potentially open pittable resources.

70 Vibracore drill holes to test gold mineralization within the tailings ponds.

Preliminary Economic Assessment (PEA)

Engineering and technical work for PEA commenced August 2013

Allan Polk, P.Eng. an experienced mining engineer appointed project manager

Update resource estimate following drilling to form basis for PEA

Study scheduled to be completed in early 2014

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Average adjusted market capitalization (AMC) for junior gold companies $23/oz

Coastal Gold adjusted market capitalization (AMC) $4/oz

JR. Golds – Explorers and Developers, AMC/oz Valuations, Bloomberg, June 4, 2013. Companies over $150/oz have been removed from this chart.

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Bill Pearson, Ph.D., P.Geo., President & CEO, Director

– Over 39 years of exploration experience from grassroots through to advanced projects and mine

development; former VP Exploration for Desert Sun Mining.

Greg Duras, CGA, CPA, CFO

– Over 14 years of corporate and project finance experience in the resource sector.

Colinda Parent, CFA, Corporate Development

– Extensive capital markets experience having spent more than 15 years in institutional equity sales

and five years in investment banking.

Josh Van Deurzen, JD, MBA, Corporate Secretary

– Corporate and securities lawyer who works as a legal consultant to various public and private

companies in the resource-based sectors.

Dave Copeland, M.Sc., P. Geo., Chief Geologist, Hope Brook

– Exploration geologist with more than 20 years experience.

Allan Polk, P.Eng., Project Manager, Hope Brook PEA

– Mining engineer with more than 20 years of experience in mine operations, consulting, feasibility

studies, and construction projects for both underground and open pit mines around the world.

Chris Hale, Ph.D., P.Geo., Chief Geophysicist

– Exploration geophysicist with more than 35 years experience worldwide.

Justin Reid, MBA, Executive Chairman

– Experienced geologist and capital markets executive with over 20 years of experience focused

exclusively in the mineral resource space.

Bill Pearson, Ph.D., P.Geo., President & CEO, Director

David Gower, P.Geo., Director

– Over 20 years’ experience with Falconbridge & Noranda (now Xstrata), most recently as GM of

Global Nickel & PGM Exploration.

Mike Hoffman, P.Eng., Director

– Professional mining engineer with over 25 years of experience in mine operations, projects,

engineering and corporate development.

Brian Penney, P.Eng., Director

– Twenty years of experience in the mining sector also includes senior operating and environmental

positions in the gold industry, current COO of Alderon Iron Ore Corp.

David S. Warner, MBA, Independent Director

– Accounting professional with 30 year career spent at KPMG LLP, most recently as Partner.

Adrian Bray, P.Geo., Independent Director

– Twenty-five years of experience on national and international projects, currently Executive Vice

President and Senior Geologist at King and Bay West

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