Coral Gold Resources Ltd.

Coral Gold Resources Ltd.

Symbol:                                             CLH.V
Exchange:                                         TSX
Shares Outstanding:                       25.513 million
Market Capitalization:                    14.287 million
Share Price:                                      $0.56
Telephone:                                       (604) 682-3701
Website:                                            www.coralgold.com

Coral Gold Resources is exploring a portfolio of strategically-located claim blocks along the Cortez gold trend in north-central Nevada at the Robertson Project. Robertson adjoins Barrick Gold Mines' Cortez Mine, one of the lowest cost Au producers in Nevada. The Pipeline open pit at Cortez is just south of Robertson in Crescent Valley. Barrick recently reported proven and probable reserves at Cortez of 13.4 million ounces of gold.

Drilling at Robertson and a resulting 3-D resource block model have increased the property's inferred gold resource estimate to 2.3 million ounces. This latest calculation, prepared by Beacon Hill Consultants of Vancouver, BC is fully 43-101 compliant and calculated on the basis of US$600 gold and recoveries of 70%. read more

The present gold resource is largely open on strike and down dip. read more

Video of the late Dr. Ralph Roberts, discussing the Cortez-Battle Mountain trend and Coral Gold's properties - Click Here to View

Watch David Coffin, CEO, on BTV.

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