Coral Gold Resources Ltd.: Strong Evidence that Robertson Property has Excellent Potential for Expansion

Abstract

Of the eight holes, CR04-11 through CR04-18, drilled in the 39A Zone, all holes but one (CR04-11) cut significant mineralization. Holes CR04-15 through CR04-17 extended higher grade mineralization intersected previously in drill holes AT-39A (95'/0.134 oz Au/t), AT-49 (200'/0.124 oz Au/t), CAT-6 (150/0.163 oz Au/t) and CAT-59 (155'/0.149 oz Au/t) to the south and east. Results of offsetting these holes by the recent Coral drilling, using a 0.02 oz Au/t cutoff grade, include: 160 ft averaging 0.114, starting at 600 ft, in CR04-15; 145 ft averaging 0.092 oz Au/t, from 545 ft, in CR04-16; and 200 ft averaging 0.121 oz Au/t, from 510 ft, returned in CR04-17.