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        April 30, 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           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 April 30, 2000
------------------------------             --------------------------------
Common Stock, $0.001 per share                                  250,000



<PAGE>


                                      INDEX


<TABLE>
<CAPTION>
                                                                           Page
                                                                          Number
                                                                          ------
<S>                                                                      <C>
PART 1.
    ITEM 1.  Financial Statements (unaudited)..........................      3

             Balance Sheet as at April 30, 2000
                  (with comparative figures as at January 31, 2000)....      4

             Statement of Operations
                For the three months ended April 30, 2000, for
                   the three  months  ended  April 30, 1999 and
                   for the period  from  February 2, 1999 (Date
                   of Incorporation) to April 30, 2000.................      5

             Statement of Changes in Shareholders' Equity
                For the period from February 2, 1999 (Date of
                   Incorporation) to April 30, 2000....................      6

             Statement of Cash Flows
                For the three months ended April 30, 2000, for
                   the three  months  ended  April 30, 1999 and
                   for the period  from  February 2, 1999 (Date
                   of Incorporation) to April 30, 2000.................      7

             Notes to the Financial Statements.........................      8

    ITEM 2.  Plan of Operations........................................     11


PART 11      Signatures................................................     12

</TABLE>



                                        2
<PAGE>


                         PART 1 - FINANCIAL INFORMATION

--------------------------------------------------------------------------------
                          ITEM 1. FINANCIAL STATEMENTS
--------------------------------------------------------------------------------

The  accompanying  balance sheet of Coronado  Explorations  Ltd. (an exploration
stage  company)  at April 30, 2000 (with  comparative  figures as at January 31,
2000) and the statement of operations  and statement of cash flows for the three
months ended April 30,  2000,  for the three months ended April 30, 1999 and for
the period from February 2, 1999 (date of  incorporation)  to April 30, 2000 and
the statement of stockholders' equity for the period from February 2, 1999 (date
of  incorporation)  to April  30,  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 April 30,  2000,  are not  necessarily
indicative  of the results that can be expected for the year ending  January 31,
2001.










                                       3


<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                                  BALANCE SHEET

                       April 30, 2000 and January 31, 2000

                      (Unaudited - Prepared by Management)


<TABLE>
<CAPTION>

                                                                         APRIL 30             JANUARY 31
                                                                           2000                  2000
                                                                         ---------            ----------
<S>                                                                     <C>                  <C>
   ASSETS

   CURRENT ASSETS

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

                                                                          $     --            $    1,179
                                                                          ========             =========


   LIABILITIES

      Bank overdraft                                                         1,653                    --
      Accounts payable and accrued liabilities                               1,075                 3,242
      Due to a director                                                     11,711                 9,211
                                                                          --------             ---------
                                                                            14,439                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                                      15,750                13,050

        Deficit accumulated during the exploration stage                   (30,439)              (24,574)
                                                                          --------             ---------

              Total Stockholders' Equity                                   (14,439)              (11,274)
                                                                         ---------             ---------

                                                                         $      --             $   1,179
                                                                         =========             =========


</TABLE>

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



                                       4
<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                             STATEMENT OF OPERATIONS


                   For the three months ended April 30, 2000,
                   for the three months ended April 30, 1999
         And for the period from February 2, 1999 (Date of Inception) to
                                 April 30, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                                      THREE MONTHS          THREE MONTHS         FROM INCEPTION
                                                         ENDED                 ENDED                   TO
                                                     APRIL 30, 2000        APRIL 30, 1999        APRIL 30, 2000
                                                     --------------        --------------        --------------
<S>                                                 <C>                   <C>                   <C>

   SALES                                                 $     --                $    --             $      --
                                                          --------              ---------            ---------
   GENERAL AND
   ADMINISTRATIVE EXPENSES:

        Accounting and audit                                1,125                   1,500                5,675
        Annual fee                                             --                      --                  125
        Bank charges and interest                              21                      15                  118
        Edgar filing fees                                      --                      --                3,465
        Franchise tax                                         100                      --                  100
        Geological report                                     500                   1,270                2,270
        Incorporation costs                                    --                     519                  519
        Management fees                                     1,500                   1,500                7,500
        Office expenses                                       219                      30                  854
        Rent                                                  900                     900                4,500
        Staking costs                                          --                     348                  348
        Telephone                                             300                     300                1,500
        Transfer agent's fees                               1,200                   1,200                3,465
                                                          --------              ---------             --------

   NET LOSS                                              $  5,865                $  7,582             $ 30,439
                                                          ========              =========             ========


   NET LOSS PER COMMON SHARE


        Basic                                            $   0.02                $  0.09
                                                          =======                ========


   AVERAGE OUTSTANDING SHARES


        Basic                                             250,000                 88,068
                                                          =======                ========

</TABLE>


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



                                       5
<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
                                 April 30, 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                                 --             --               13,500

Net operating loss for the period from
  February 2, 1999 to April 30, 2000                            --             --                   --                 --
                                                          --------       --------          -----------         -----------

BALANCE APRIL 30, 2000                                     250,000       $    250          $    15,750           $(30,439)
                                                          ========       ========          ===========         ===========

</TABLE>









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



                                       6
<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                             STATEMENT OF CASH FLOWS

                   For the three months ended April 30, 2000,
                   for the three months ended April 30, 1999
 And for the period from February 2, 1999 (Date of Inception) to April 30, 2000

                      (Unaudited - Prepared by Management)


<TABLE>
<CAPTION>
                                                              FOR THE THREE         FOR THE THREE         FROM INCEPTION
                                                               MONTHS ENDED          MONTHS ENDED               TO
                                                              APRIL 30, 2000        APRIL 30, 1999        APRIL 30, 2000
                                                              --------------        --------------        --------------
<S>                                                          <C>                   <C>                   <C>
CASH FLOWS FROM
  OPERATING ACTIVITIES:
     Net loss                                                    $   (5,865)          $    (7,582)           $  (30,439)

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

          Increase in accounts payable                               (2,167)                1,570                 1,075
          Increase in due to a director                               2,500                 6,475                11,711
                                                                 ----------           -----------             ---------

               Net Cash from Operations                              (5,532)                  463               (17,653)
                                                                 ----------           -----------             ---------

CASH FLOWS FROM FINANCING
  ACTIVITIES:
          Capital contribution - expenses                             2,700                 2,700                13,500
          Proceeds from issuance of common stock                         --                 2,500                 2,500
                                                                 ----------           -----------             ---------
                                                                      2,700                 5,200                16,000
                                                                 ----------           -----------             ---------
     Net Increase in Cash                                            (2,832)                5,663                (1,653)

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

     CASH AT END OF YEAR                                          $  (1,653)            $   5,663             $  (1,653)
                                                                 ==========           ===========             =========

</TABLE>



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



                                       7
<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 April 30, 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 April 30, 2000,  the Company had a net  operating  loss carry forward of
     $30,439.  The tax benefit from the loss carry forward has been fully 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.

     Base 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.


                                       8
<PAGE>


                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 April 30, 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,  prepaid
     expenses and deferred  offering  costs are  considered  by management to be
     their standard 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.




                                       9
<PAGE>

                           CORONADO EXPLORATIONS LTD.
                         (An Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                 April 30, 2000

                      (Unaudited - Prepared by Management)


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

     Comprehensive Income

     The Company adopted  Statement of Financial  Accounting  Standards 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.

4.   RELATED PARTY TRANSACTIONS

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

     The  officers and  directors of the Company are involved in other  business
     activities  and they may, in the  future,  become  involved  in  additional
     business  ventures  which also may require their  attention.  If a specific
     business opportunity becomes available, such persons may face a conflict in
     selecting  between  the Company and their  other  business  interests.  The
     Company has formulated no policy for the resolution of such conflicts.

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.


                                       10
<PAGE>


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

                           ITEM 2. PLAN OF OPERATIONS

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


The  Company has not  undertaken  an  exploration  program on its  property  but
anticipates once the snow has melted in the Bralorne mining area that management
will  consider  an  exploration  program.  The basic  exploration  program  that
management is  considering  is one where a geochemcial  grid will be established
over  part of the  property  and  subsequently  soil  samples  will be  taken at
specific intervals to determine the mineralization and location of any ore body.
This program will occur during the latter part of the summer of 2000.

Liquidity and Capital Resources

The Company does not have sufficient funds to undertaken an exploration  program
in the late  summer  of 2000.  The  funds  will  have to be  obtained  either by
advances from its directors, bank lending or an issuance of the Company's common
stock.  At present the directors have not decided as to how they intend to raise
the  required  funding.  An  estimate  as to the funds  required  to explore the
mineral claim is approximately $25,000.

Results of Operations

Today the Company has not had any operating results.
















                                       11
<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)




          June 13, 2000                           /s/  "Mary Hethey"
-------------------------------------        -----------------------------------
              Date                                      Mary Hethey - President



          June 13, 2000                           /s/   "Carsten Mide"
-------------------------------------        -----------------------------------
              Date                                       Carsten Mide - Director












                                       12