` UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB


(X)  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITES  EXCHANGE
     ACT OF 1934

For the quarterly period ended              July 31, 2000
                               -------------------------------------------------

( )  TRANSITION  REPORT  PURSUANT  TO  SECTION  13 OR 15 (D)  OF THE  SECURITIES
     EXCHANGE ACT OF 1934

For the transition period from                      to
                               -------------------      ---------------------

Commission File number
                       --------------------------

                           CORONADO EXPLORATIONS LTD.
             ------------------------------------------------------
               (Exact name of registrant as specified in charter)


            Delaware                                  98-0200471
--------------------------------                  -------------------
(State or other jurisdiction of                    (I.R.S. Employer
incorporation or organization)                    Identification No.)


397 Ventura Crescent
North Vancouver, British Columbia, Canada              V7N 3G7
-----------------------------------------              -------
(Address of principal executive offices)              (Zip Code)

                                 1-604-985-8940
               --------------------------------------------------
               Registrant's telephone number, including area code


      ---------------------------------------------------------------------
      (Former name, address, and fiscal year, if changed since last report)


     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such  reports),  Yes [X] No [ ] and ( ) has been
subject to filing requirements for the past 90 days. Yes [X] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the last practicable date.

               Class                          Outstanding as of July 31, 2000
  --------------------------------            -------------------------------
   Common Stock, $0.001 per share                         250,000



<PAGE>


ANDERSEN ANDERSEN & STRONG, L.C.                   941 East 3300 South, Suite202
--------------------------------                      Salt Lake City, Utah 84106
Certified Public Accountants and
Business Consultants

                                                   Telephone 801-486-0096
                                                   Fax 801-486-0098


          REPORT ON REVIEW BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS


The Board of Directors
Coronado Explorations LTD

We have  reviewed  the  condensed  balance  sheet of Coronado  Explorations  LTD
(exploration  stage  company)  as of July 31,  2000 and January 31, 2000 and the
related condensed  statements of operations and the condensed  statement of cash
flows for the three and six months  ended July 31,  2000 and 1999 and the period
February  2,  1999  (date  of  inception)  to July  31,  2000.  These  financial
statements are the responsibility of the company's management.

We conducted our review in accordance with standards established by the American
Institute  of  Certified  Public  Accountants.  A review  of  interim  financial
information consists principally of applying analytical  procedures to financial
data and making  inquiries of persons  responsible  for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with  generally  accepted  auditing  standards,  the  objective  of which is the
expression of an opinion  regarding the financial  statements  taken as a whole.
Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  financial  statements for them to be in conformity
with generally accepted accounting principles.


                                              /s/ "Andersen Andersen and Strong"


Salt Lake City, Utah
September 15, 2000




                                       2

<PAGE>


                                      INDEX

<TABLE>
<CAPTION>

                                                                                                       Page
PART 1.                                                                                               Number
                                                                                                      ------
        <S>                                                                                         <C>
         ITEM 1.    Financial Statements (unaudited)..............................................       4

                    Balance Sheet as at July 31, 2000
                             (with comparative figures as at January 31,
                             2000)................................................................       5

                    Statement of Operations
                             For the three  months  ended July 31,  2000,
                             for the three  Months  ended July 31,  1999,
                             for the six months ended July 31, 2000,  for
                             the six months  ended July 31,  1999 And for
                             the period  from  February  2, 1999 (Date of
                             Incorporation) to July 31, 2000......................................       6

                    Statement of Changes in Shareholders' Equity
                             For the period from February 2, 1999 (Date of
                               Incorporation) to July 31, 2000....................................       7

                    Statement of Cash Flows
                             For the six months ended July 31, 2000, for the
                             six months ended July 31, 1999 and for  the
                             period from  February 2, 1999 (Date of
                             Incorporation) to July 31, 2000......................................       8

                    Notes to the Financial Statements.............................................       9

         ITEM 2.    Plan of Operations............................................................      12

PART 11             Signatures....................................................................      13
</TABLE>


                                       3


<PAGE>


                         PART 1 - FINANCIAL INFORMATION

--------------------------------------------------------------------------------

                    ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

--------------------------------------------------------------------------------


The  accompanying  balance sheet of Coronado  Explorations  Ltd. (an exploration
stage  company)  at July 31,  2000 (with  comparative  figures as at January 31,
2000) and the statement of operations  and statement of cash flows for the three
months  ended July 31,  2000 and 1999 and for the period  from  February 2, 1999
(date of  incorporation)  to July 31, 2000 and the  statement  of  stockholders'
equity for the period from February 2, 1999 (date of  incorporation) to July 31,
2000 have been prepared by the Company's  management and they do not include all
information  and notes to the  financial  statements  necessary  for a  complete
presentation of the financial position,  results of operations,  cash flows, and
stockholders'   equity  in  conformity   with  generally   accepted   accounting
principles.  In the opinion of management,  all adjustments considered necessary
for a fair presentation of the results of operations and financial position have
been included and all such adjustments are of a normal recurring nature.

Operating  results  for the quarter  ended July 31,  2000,  are not  necessarily
indicative  of the results that can be expected for the year ending  January 31,
2001.







                                       4


<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                                  BALANCE SHEET

                       July 31, 2000 and January 31, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                                                              JULY 31              JANUARY 31
                                                                                2000                  2000
                                                                              -------              ----------
<S>                                                                         <C>                  <C>
   ASSETS

   CURRENT ASSETS

        Bank                                                                 $     15              $    1,179
                                                                              --------              ---------

                                                                             $     15              $    1,179
                                                                              ========              =========

   LIABILITIES

         Accounts payable and accrued liabilities                               1,700                   3,242
         Due to a director                                                     13,711                   9,211
                                                                              --------              ---------
                                                                               15,411                  12,453
                                                                              --------              ---------

   STOCKHOLDERS' EQUITY

        Common stock
              25,000,000 shares authorized, at $0.001 par
              value, 250,000 shares issued and outstanding                        250                    250

        Capital in excess of par value                                         18,450                 13,050

        Deficit accumulated during the exploration stage                      (34,096)               (24,574)
                                                                              --------              ---------

              Total Stockholders' Equity (Deficiency)                         (15,396)               (11,274)
                                                                              --------              ---------

                                                                             $     15               $  1,179
                                                                              ========              =========

</TABLE>



The  accompanying  notes  are an  integral  part of  these  unaudited  financial
statements.


                                       5


<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)


                             STATEMENT OF OPERATIONS


                    For the three months ended July 31, 2000,
                   for the three months ended July 31, 1999,
                     For the six months ended July 31, 2000,
                     for the six months ended July 31, 1999
         And for the period from February 2, 1999 (Date of Inception) to
                                  July 31, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                                                             SIX             SIX
                                         THREE MONTHS   THREE MONTHS        MONTHS          MONTHS           FROM
                                            ENDED          ENDED            ENDED            ENDED         INCEPTION
                                           JULY 31,       JULY 31,         JULY 31,         JULY 31,           TO
                                            2000            1999             2000            1999         JULY 31, 2000
                                            ----            ----             ----            ----         -------------
<S>                                      <C>             <C>              <C>              <C>           <C>
   SALES                                  $   --          $    --           $   --          $   --          $      --
                                           -----           ------            -----           -----           --------
   GENERAL  AND  ADMINISTRATIVE
   EXPENSES:

        Accounting and audit                 825              500            1,950           2,000              6,500
        Annual fee                            --               --               --              --                125
        Bank charges and interest             41               25               62              40                159
        Edgar filing fees                     --              844               --             844              3,465
        Franchise tax                         --               --              100              --                100
        Geological report                     --               --              500           1,270              2,270
        Incorporation costs                   --               --               --             519                519
        Management fees                    1,500            1,500            3,000           3,000              9,000
        Office expenses                       91              191              310             221                945
        Rent                                 900              900            1,800           1,800              5,400
        Staking costs                         --               --               --             348                348
        Telephone                            300              300              600             600              1,800
        Transfer agent's fees                 --            1,065            1,200           2,265              3,465
                                           -----           ------            -----           -----           --------

   NET LOSS                               $3,657          $ 5,325           $9,522         $12,907           $ 34,096
                                           =====           ======            =====          ======           ========

   NET LOSS PER COMMON SHARE

        Basic                             $ 0.01          $  0.02           $ 0.03         $  0.07
                                           =====           ======            =====          ======

   AVERAGE OUTSTANDING SHARES

        Basic                             250,000         250,000          250,000         170,833
                                          =======         =======          =======         =======
</TABLE>


The  accompanying  notes  are an  integral  part of  these  unaudited  financial
statements.



                                       6


<PAGE>

                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

           For the period from February 2, 1999(Date of Inception) to
                                  July 31, 2000

                      (Unaudited - Prepared by Management)


<TABLE>
<CAPTION>
                                                                                    CAPITAL IN
                                                   COMMON         STOCK              EXCESS OF       ACCUMULATED
                                                   SHARES         AMOUNT             PAR VALUE         DEFICIT
                                                   ------         ------           ------------      -----------
<S>                                               <C>            <C>               <C>              <C>

BALANCE FEBRUARY 2, 1999 (DATE OF INCEPTION)           --        $    --            $       --        $       --

Issuance of common shares for cash at
  $0.01 - March 31, 1999                          250,000            250                 2,250                --

Capital contribution - expenses                        --             --                16,200

Net operating loss for the period from
  February 2, 1999 to July 31, 2000                    --             --                    --           (34,096)
                                                  -------         ------              --------        -----------

BALANCE JULY 31, 2000                             250,000        $   250             $  18,450         $ (34,096)
                                                  =======         ======              ========        ===========

</TABLE>












The  accompanying  notes  are an  integral  part of  these  unaudited  financial
statements.


                                       7


<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                             STATEMENT OF CASH FLOWS

                    For the three months ended July 31, 2000,
                    for the three months ended July 31, 1999
  And for the period from February 2, 1999 (Date of Inception) to July 31, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                                                   FOR THE THREE         FOR THE THREE         FROM INCEPTION
                                                                    MONTHS ENDED          MONTHS ENDED               TO
                                                                   JULY 31, 2000         JULY 31, 1999         JULY 31, 2000
                                                                   -------------         -------------         -------------
<S>                                                                <C>                  <C>                   <C>
     CASH FLOWS FROM
          OPERATING ACTIVITIES:

          Net loss                                                  $   (9,522)          $  (12,907)          $  (34,096)

          Adjustments to reconcile net loss to net cash
               provided by operating activities:

               Increase in accounts payable                             (1,542)              (1,570)               1,700
               Increase in due to a director                             4,500                 (264)              13,711
                                                                        -------            ---------           ---------

            Net Cash (Deficiency) from Operations                       (6,564)             (14,741)             (18,685)
                                                                        -------            ---------           ---------

     CASH FLOWS FROM FINANCING
            ACTIVITIES:

               Capital contribution - expenses                           5,400               15,695               16,200
               Proceeds from issuance of common stock                       --                  250                2,500
                                                                        -------            ---------           ---------

                                                                         5,400               15,945               18,700
                                                                        -------            ---------           ---------

          Net Increase (Decrease) in Cash                               (1,164)               1,204                   15

          Cash at Beginning of Period                                    1,179                   --                   --
                                                                        -------            ---------           ---------

          CASH AT END OF PERIOD                                     $       15          $     1,204           $       15
                                                                        =======            =========           =========

</TABLE>


The  accompanying  notes  are an  integral  part of  these  unaudited  financial
statements.


                                       8

<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                  July 31, 2000

                      (Unaudited - Prepared by Management)


1.   ORGANIZATION

     The  Company  was  incorporated  under  the laws of the  State of Nevada on
     February 2, 1999 with the authorized  common shares of 25,000,000 shares at
     $0.001 par value.

     The  Company was  organized  for the purpose of  acquiring  and  developing
     mineral  properties.  At the  report  date  mineral  claims,  with  unknown
     reserves,  had been acquired. The Company has not established the existence
     of a  commercially  minable ore deposit and  therefore  has not reached the
     development  stage and is  considered to be in the  exploration  stage (see
     note 3).

     The Company has completed two  Regulation D offerings of 250,000  shares of
     its capital stock for cash.

2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Accounting Methods

     The Company  recognizes  income and expenses based on the accrual method of
     accounting.

     Dividend Policy

     The Company has not yet adopted a policy regarding payment of dividends.

     Income Taxes

     At July 31, 2000,  the Company had a net  operating  loss carry  forward of
     $34,096.  The tax benefit from the loss carry  forward has been offset by a
     valuation   reserve   because   the  use  of  the  future  tax  benefit  is
     undeterminable since the Company has no operations.  The net operating loss
     will expire in 2021.

     Basic and Diluted Net Income (Loss) per Share

     Basic  net  income  (loss)  per share  amounts  are  computed  based on the
     weighted average number of shares actually outstanding.  Diluted net income
     (loss) per share amounts are computed using the weighted  average number of
     common shares and common  equivalent  shares  outstanding  as if shares had
     been  issued on the  exercise  of the  preferred  share  rights  unless the
     exercise becomes antidilutive and then only the basic per share amounts are
     shown in the report.


                                       9


<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                  July 31, 2000

                      (Unaudited - Prepared by Management)


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

     Cash and Cash Equivalents

     The  Company  considers  all highly  liquid  instruments  purchased  with a
     maturity,  at the time of purchase,  of less than three months,  to be cash
     equivalents.

     Capitalization of Mineral Claim Costs

     Cost of  acquisition,  exploration  and carrying  unproven  properties  are
     expensed as incurred.  Costs  incurred in proving and developing a property
     ready for  production  are  capitalized  and amortized over the life of the
     mineral  deposit or over a shorter  period if the property is shown to have
     an impairment in value.  Expenditures  for mining equipment are capitalized
     and depreciated over their useful life.

     Environmental Requirements

     At the report date environmental requirements related to the mineral leases
     acquired (Note 3) are unknown and therefore any estimate of any future cost
     cannot be made.

     Financial Instruments

     The carrying amounts of financial instruments,  including cash and accounts
     payable are considered by management to be their estimated fair values.

     Estimates and Assumptions

     Management uses estimates and assumptions in preparing financial statements
     in  accordance  with  generally  accepted  accounting   principles.   Those
     estimates  and  assumptions  affect the reported  amounts of the assets and
     liabilities,  the disclosure of contingent assets and liabilities,  and the
     reported  revenues  and  expenses.  Actual  results  could  vary  from  the
     estimates that were assumed in preparing these financial statements.




                                       10


<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                  July 31, 2000

                      (Unaudited - Prepared by Management)


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

     Comprehensive Income

     The Company adopted Statement of Financial Accounting Standard No. 130. The
     adoption of this standard had no impact on the total stockholder's equity.

     Recent Accounting Pronouncements

     The Company does not expect that the  adoption of other  recent  accounting
     pronouncements will have a material impact on its financial statements.

3.   PURCHASE OF MINERAL LEASES

     The Company has acquired mineral claims located in the Bralorne Mining area
     of British Columbia with an expiration date of February 26, 2001.

     The claims  have not been proven to have a  commercial  minable ore reserve
     and therefore all costs for  exploration  and retaining the properties have
     been expensed.

     The cost of  maintaining  the claims in good standing for a further year is
     $2,800.

4.   RELATED PARTY TRANSACTIONS

     Related parties acquired 61% of the common shares issued for cash.

5.   GOING CONCERN

     The Company will need  additional  working  capital to be successful in its
     efforts to develop the mineral lease acquired and therefore continuation of
     the  Company as a going  concern is  dependent  upon  obtaining  additional
     working capital and the management of the Company has developed a strategy,
     which it believes will accomplish this objective through  additional equity
     funding, and long term financing,  which will enable the Company to operate
     in the future.

     Management  recognizes that, if it is unable to raise  additional  capital,
     the Company cannot be successful in its efforts.



                                       11


<PAGE>

--------------------------------------------------------------------------------

                           ITEM 2. PLAN OF OPERATIONS

--------------------------------------------------------------------------------


The management of the Company is considering  seeking another project due to the
current market price of mineral.

At the first  Annual  General  Meeting  held on August 2, 2000 the  shareholders
approved the following:

1.   The forward  splitting of the common  shares on the basis of a maximum of a
     hundred new shares for one hold share or at whatever  number the directors,
     at their sole discretion, deem appropriate.

2.   Approval for the directors, at their sole discretion, to seek out and enter
     into negotiations for a new project for the Company.

The directors have not decided upon the exact number of shares to be split under
the forward split of the share capital.

To date the Company has not entered into any  negotiation  for a new project for
the Company although the directors have considered several.  Once a decision has
been made the directors will advise the shareholders accordingly.

Liquidity and Capital Resources

The Company, at the present time, does not have the capital resources to develop
its mineral  property and until mineral prices  strengthen it does not intend to
develop  the  mineral  claims.  There are not  adequate  funds in the Company to
undertake any  exploration  activities.  The only methods of obtaining funds are
for the directors to advance loans  personally to the Company,  guarantee a bank
loan or issue common shares. None of these methods have been considered to date.

Results of Operations

The Company has had no operations during the current period.




                                       12


<PAGE>


                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                                               CORONADO EXPLORATIONS LTD..
                                                       (Registrant)






      September 15, 2000                        /s/  "Carsten Mide"
-------------------------------            ------------------------------
            Date                               Carsten Mide - Director





                                       13