Coronado Shipping Gold To Golden Sunlight 

VANCOUVER, BC - Coronado Resources Ltd. is shipping an initial 558 tons of gold ore which is stock piled on surface that has an average grade of .738 ounces of gold per ton (25.31 g/mt au) to the "Golden Sunlight" for immediate processing.Coronado has signed a contract with Barrick Gold Corp.'s "Golden Sunlight" which recently reopened and is located only 26 miles away from our "Madison Gold & Copper Project" in Montana, USA. Additional gold ore is ready for extraction from the company's underground development where numerous grab samples consistently produced assay results of 1oz/t gold. This zone is directly below hole10-02 that was announced in July, 2010 and reported a 70 foot intercept with an average grade of 0.779 oz/t gold (26.71 g/mt au) and assay recheck produced an average grade of .930 oz/t gold (31.89 g/mt au) from the same intercept.

The company is continuing metallurgical work on the gold ore containing more significant amounts of copper & silver in order to reach optimum recovery. This ore will be shipped to the "Phillipsburg Mill" for processing into concentrates that are planned to be sold to a smelter in China similar as previous copper shipments.

The company's address is 507 - 595 Howe Street, Vancouver, BC V6C 2T5.