Coalcorp Announces Filing of Second Quarter Interim Financials

NEWS RELEASE

COALCORP ANNOUNCES FILING OF SECOND QUARTER INTERIM FINANCIALS

TORONTO, March 29, 2010 – Coalcorp Mining Inc. (“Coalcorp” or the “Company”) (TSX-CCJ) announces that it filed today its second quarter interim financial statements and related management discussion and analysis (MD&A) for the three and six-month periods ended December 31, 2009 (the “Q2 Financials”). A copy of the Q2 Financials is available on the SEDAR website at www.sedar.com and the Company’s website at www.coalcorp.ca.

About Coalcorp

The board of directors of Coalcorp have met and are in the process of developing a new business strategy for the Company which will capitalize on the Board’s and management’s expertise, to invest in projects in the mining, metallurgical and mineral industries. Further information can be obtained under the Company’s profile at www.sedar.com.

Forward Looking Statements Disclaimer

Statements made in this news release may be forward-looking and therefore subject to various risks and uncertainties. Certain material factors or assumptions are applied in making forward-looking statements and actual results may differ materially from those expressed or implied in such statements. Coalcorp does not undertake to update any forward-looking statements; such statements speak only as of the date made.

FOR FURTHER INFORMATION

Steven Cresswell Interim Chief Executive Officer 416-644-1217