Coral Ready To Drill At Robertson Property

VANCOUVER, BC - Coral Gold Resources reported that drill pad and road construction for its spring drill program has commenced at Coral's Robertson property, Crescent Valley, Nevada.

Coral has a permit to drill on the porphyry gold zone. The program will consist of diamond core holes that will twin original RC holes and provide core for leach tests at McLelland Labs in Reno, Nevada. They are part of the Phase 1 drill program and are designed to determine if "historic" Amax drilling data can be used with certainty to upgrade the level of confidence in resources contained in the oxidized zones. The Phase 1 drill program represents Coral's first step towards pre-feasibility as defined by the PEA.

Coral, incorporated in 1981 continues to explore and develop a series of strategic claims along the Cortez Gold trend known as the Robertson Project. Through independent exploration and joint venture partnerships with Amax, and Placer Dome, Coral has established an NI-43-101 inferred gold resource of 3.4 million ounces.

The company's address is Suite 900, 570 Granville Street, Vancouver, BC V6C 3P1, (604) 682-3701, fax: (604) 682-3600.