2

                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,  2001
                                            ---------------

(  )     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          0-26309
                                  -------


                           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,  2001
          ----------------               ------------------------------------

   Common  Stock,  $0.001  per  share                25,000,000

                                      -1-
<PAGE>



                                      INDEX



<TABLE>
<CAPTION>




                                                                      PAGE
                                                                     NUMBER
                                                                     ------
PART 1.
<S>                  <C>                                             <C>
            ITEM 1.  Financial Statements (unaudited)                     3

                     Balance Sheet as at July 31, 2001
                     (with comparative figures as at January 31,
                                                              2001)       4

                     Statement of Operations
                     For the three months ended July 31, 2001 and
                     2000, for the six months ended July 31, 2001
                     and 2000 and for the period from February 2,
                     1999 (Date of Inception) to July 31, 2001  .         5

                     Statements of Cash Flows
                     For the six months ended July 31, 2001 and
                     2000 and for the period from February 2, 1999
                     (Date of Inception) to July 31, 2001                 6

                     Notes to the Financial Statements       .            7

            ITEM 2.  Plan of Operations             .                    10


PART 11.. . . . . .  Signatures                                          11


</TABLE>













<PAGE>




                         PART 1 - FINANCIAL INFORMATION



                   ITEM 1.   FINANCIAL STATEMENTS (UNAUDITED)



The  accompanying  balance  sheets of Coronado Explorations Ltd. (an exploration
stage  company)  at  July  31,  2001 (with comparative figures as at January 31,
2001)  and  the  statement of operations and the statement of cash flows for the
six  months  ended  July  31, 2001 and 2000, and for the period from February 2,
1999  (date  of  inception) to July 31, 2001 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  and  cash  flows  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, 2001, are not necessarily
indicative  of  the results that can be expected for the year ending January 31,
2002.





















<PAGE>





                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                                 BALANCE  SHEETS

                       July 31, 2001 and January 31, 2001

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>




                                                              JULY 31      JANUARY 31
                                                                2001          2001
                                                            ------------  ------------
ASSETS
<S>                                                         <C>           <C>

CURRENT ASSETS

     Cash. . . . . . . . . . . . . . . . . . . . . . . . .  $       884   $         -
                                                            ------------  ------------

           Total Current Assets. . . . . . . . . . . . . .  $       884   $         -
                                                            ============  ============

CURRENT LIABILITIES

      Accounts payable - related party . . . . . . . . . .           12        17,114
      Accounts payable . . . . . . . . . . . . . . . . . .        4,634         6,435
      Promissory note - Note 3 . . . . . . . . . . . . . .       25,322             -
                                                            ------------  ------------

            Total Current Liabilities. . . . . . . . . . .       29,968        23,549
                                                            ------------  ------------

STOCKHOLDERS' EQUITY

     Common stock
           200,000,000 shares authorized, at $0.001 par
           value, 25,000,000 shares issued and outstanding       25,000        25,000

     Capital in excess of par value. . . . . . . . . . . .        4,500          (900)

     Deficit accumulated during the exploration stage. . .      (58,584)      (47,649)
                                                            ------------  ------------

           Total Stockholders' Deficiency. . . . . . . . .      (29,084)      (23,549)
                                                            ------------  ------------

                                                            $       884   $         -
                                                            ============  ============
</TABLE>










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

<PAGE>



                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                            STATEMENT  OF  OPERATIONS

   For the three months ended July 31, 2001 and 2000,  for the six months ended
                                  July 31, 2001
   and 2000 and for the period from February 2, 1999 (Date of Inception) to July
                                    31, 2001
                     (Unaudited  -  Prepared by Management)

<TABLE>
<CAPTION>




                                                                                SIX              SIX
                                                                           --------------
                                                                               MONTHS          MONTHS
                                          THREE MONTHS     THREE MONTHS        ENDED            ENDED        FROM INCEPTION
                                                          ---------------
                                              ENDED            ENDED          JULY 31,        JULY 31,             TO
                                          JULY 31, 2001    JULY 31, 2000        2001            2000         JULY 31, 2001
                                                                           --------------  ---------------  ----------------
<S>                                      <C>              <C>              <C>             <C>              <C>
SALES . . . . . . . . . . . . . . . . .  $            -   $            -   $           -   $            -   $             -
                                         ---------------  ---------------  --------------  ---------------  ----------------

GENERAL  AND  ADMINISTRATIVE  EXPENSES:

     Accounting and
          audit . . . . . . . . . . . .           1,000              825           2,150            1,950            11,550
     Annual fee . . . . . . . . . . . .               -                -               -                -               275
     Bank charges and
          interest. . . . . . . . . . .              30               41              25               62               231
     Edgar filing fees. . . . . . . . .             387                -             387                -             5,409
     Franchise tax. . . . . . . . . . .               -                -               -              100               100
     Geological report. . . . . . . . .               -                -               -              500             2,270
     Incorporation costs. . . . . . . .               -                -               -                -               519
     Interest . . . . . . . . . . . . .             322                -             322                -               322
     Legal. . . . . . . . . . . . . . .             372                -             372                -             1,862
     Management fees. . . . . . . . . .           1,500            1,500           3,000            3,000            15,000
     News releases. . . . . . . . . . .               -                -               -                -               535
     Office expenses. . . . . . . . . .             676               91             790              310             2,294
     Rent . . . . . . . . . . . . . . .             900              900           1,800            1,800             9,000
     Staking costs. . . . . . . . . . .               -                -               -                -               348
     Telephone. . . . . . . . . . . . .             300              300             600              600             3,000
     Transfer agent's
         fees . . . . . . . . . . . . .             261                -           1,489            1,200             5,869
                                         ---------------  ---------------  --------------  ---------------  ----------------

NET LOSS. . . . . . . . . . . . . . . .  $       (5,748)  $       (3,657)  $     (10,935)  $      ( 9,522)  $      ( 58,584)
                                         ===============  ===============  ==============  ===============  ================

NET LOSS PER COMMON SHARE

     Basic. . . . . . . . . . . . . . .  $            -   $            -   $           -   $            -
                                         ===============  ===============  ==============  ===============
AVERAGE OUTSTANDING SHARES

     Basic. . . . . . . . . . . . . . .      25,000,000       25,000,000      25,000,000       25,000,000
                                         ===============  ===============  ==============  ===============
</TABLE>



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

<PAGE>



                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                           STATEMENT  OF  CASH  FLOWS

 For the six months ended July 31, 2001, for the six months ended July 31, 2000
  and for the period from February 2, 1999 (Date of Inception) to July 31, 2001

                      (Unaudited - Prepared by Management)


<TABLE>
<CAPTION>




                                                      FOR THE SIX      FOR THE SIX     FROM INCEPTION
                                                                     ---------------  ----------------
                                                     MONTHS ENDED     MONTHS ENDED           TO
                                                     JULY 31, 2001    JULY 31, 2000    JULY 31, 2001
                                                    ---------------  ---------------  ----------------
<S>                                                 <C>              <C>              <C>
CASH FLOWS FROM
     OPERATING ACTIVITIES:

     Net loss. . . . . . . . . . . . . . . . . . .  $      (10,935)  $       (9,522)  $       (58,584)

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

          Changes in accounts - related party. . .         (17,102)           4,500                12
          Changes in accounts payable. . . . . . .          (1,479)          (1,542)            4,956
          Capital contributions - expenses . . . .           5,400            5,400            27,000
                                                    ---------------  ---------------  ----------------

       Net Cash (Deficiency) from Operations . . .         (24,116)          (1,164)          (26,616)
                                                    ---------------  ---------------  ----------------

CASH FLOWS FROM FINANCING
     ACTIVITIES:

          Proceeds from note payable . . . . . . .          25,000                -            25,000
          Proceeds from issuance of common stock .               -                -             2,500
                                                    ---------------  ---------------  ----------------

                                                            25,000                -            27,500
                                                    ---------------  ---------------  ----------------

     Net Increase (Decrease) in Cash . . . . . . .             884           (1,164)              884

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

     CASH AT END OF PERIOD . . . . . . . . . . . .  $          884   $           15   $           884
                                                    ===============  ===============  ================
</TABLE>










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


<PAGE>



                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                        NOTES  TO  FINANCIAL  STATEMENTS

                                  July 31, 2001

                      (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 200,000,000 shares (previous
authorized  capital  was  25,000,000  shares)  at  $0.001  par  value.

The  Company  was  organized for the purpose of acquiring and developing mineral
properties.  On February 24, 2001 the Company allowed its mineral claim known as
the Coronado to expire without either performing assessment work on the claim or
paying  cash-in-lieu  of performing assessment work.  Therefore, the Company has
no  further  rights  to  the  mineral  on  the  Coronado  claim  and  no further
obligations to undertake any exploration work thereon.   As at the balance sheet
date  the  Company  does  not  have  any  other  assets.

The  Company  has  completed a Regulation D offering of 25,000,000 shares of its
capital stock for cash of $2,500.  During the quarter ended October 31, 2000 the
shareholders  approved  a  100  to 1 forward split of the issued and outstanding
share  capital.   This report was prepared showing after stock split shares from
inception.


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, 2001, the Company had a net operating loss carry forward of $58,584.
The  tax  benefit  of  $17,575  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
2022.




<PAGE>



                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                        NOTES  TO  FINANCIAL  STATEMENTS

                                  July 31, 2001

                      (Unaudited - Prepared by Management)


2.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  -  CONTINUED


     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.


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.

Financial  Instruments
----------------------

The  carrying amounts of financial instruments, including cash, accounts payable
and  promissory  note  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.

     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.





<PAGE>



                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                        NOTES  TO  FINANCIAL  STATEMENTS

                                  July 31, 2001

                      (Unaudited - Prepared by Management)


3.     PROMISSORY  NOTE

     On  June  14,  2001  the  Company  signed  a  promissory  note with Kidakus
Consulting  Ltd., an unrelated company, whereby the Company was advanced $25,000
payable  on  or before June 13, 2002.   The promissory note bears interest at 10
percent  per  annum.   Interest  has  been  accrued  to  July  31,  2001.


4.     RELATED  PARTY  TRANSACTIONS

     Related  parties  acquired  20%  of  the  common  shares  issued  for cash.


5.     GOING  CONCERN

     The  Company  will  need additional working capital to be successful in its
future  planned  activities 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  for the coming year.


















<PAGE>








                          ITEM 2.   PLAN OF OPERATIONS



On  February  24,  2001  the  Company  allowed  its  mineral claim, known as the
Coronado  claim,  to  lapse  without  either  paying  cash-in-lieu of performing
exploration work on the claim or doing exploration work itself.   With the lapse
of the mineral claim the Company has no further rights to any of the minerals on
the  claim  and  has no obligations to perform any further work thereon.   As at
the  date  of signing of this Form 10-QSB, the Company has no other assets other
than  a  minor  amount  of  cash.

Management  is  considering  other  areas  of  interest, which the Company might
become  involved in addition to mineral properties.   Various projects have been
considered  during  the past several months but no commitments have been made as
to  the  direction  the  Company  should  precede.


Liquidity  and  Capital  Resources
----------------------------------

The  Company  does  not  have  sufficient  funds  on hand to pay its outstanding
obligations  to  its  creditors.  During  the  quarter  under consideration, the
Company  signed  a promissory note issued by Kidakus Consulting Ltd. whereby the
Company  was  advanced  $25,000  payable  on  or  before  June  13, 2002.   This
promissory  note bears interest at the rate of 10 percent per annum.   The funds
received  were used to pay various accounts payable to outside creditors as well
as  to  pay  advances  previously  made  by  related  parties.

In  order  to  meet  its  future obligations the Company will require additional
funds.   The  directors  will have to consider various ways to obtain additional
funding  for  the  Company.   The  directors  are prepared to personally advance
funds  to  ensure  that  the outside creditors are paid over the next year.   In
addition,  they  might  consider  personally guaranteeing loans from a financial
institution  or issuing additional common stock. At the present time no decision
has  been  as  to  which of the latter two situations would be acceptable to the
Company.

Results  of  Operations
-----------------------

The  Company  has  had  no  operations  during  the  current  period.











<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  10,  2001                         /s/"Mary  M.  Hethey"
     --------------------                         ---------------------
            Date                         Mary M. Hethey - Director and President




     September  10,  2001                         /s/  "Carsten  Mide"
     --------------------                         --------------------
            Date                              Carsten  Mide  -  Director

























<PAGE>