Coral Gold Resources Ltd. Company Website 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 Cortez Gold Mines' Pipeline Mine, one of the lowest cost Au producers in Nevada, The Pipeline open pit is just south of Robertson in Crescent Valley. Barrick Gold Mines recently reported proven and probable gold reserves of 11.5 million ounces and is continuing exploration drilling to expand the Pipeline deposit. Drilling at Robertson and a resulting 3-D resource block model in 2007, more than doubled the inferred gold resource estimate at Robertson to 2.3 million ounces. This latest resource estimate, prepared by Beacon Hill Consultants of Vancouver, BC is fully 43-101 compliant and was calculated on the basis of US$600 gold and recoveries of 70%. The present gold resource is largely open on strike and down dip, with 2008 expansion drilling planned to start in April.

CORAL GOLD RESOUR (CDNX: CLH.V) Last Trade: 5/16/2008 at 2:58pm $0.89 $-0.16 (-15.24%) Bid (Size) $0.85 (N/A) Ask (Size) $0.89 (N/A) Last Price $0.89 Change $ -0.16 (-15.24%) Opened @ 0.94 Previous Close 1.05 Volume 36600 Avg. Daily Volume 43764 Day Range 0.83 - 0.94 Tick  ======