Coral Gold Resources Ltd.:Update From Robertson Property Drill Program

Coral Gold Resources Ltd. (TSX
VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) is pleased to announce that
it will begin drilling 15 diamond drill (core) holes at its Robertson property
in Crescent Valley, Nevada.


The program totaling 6700 feet will focus on the Gold Pan and Altenburg Hill
Zones and represents the first phase of the core drilling program announced in
Coral's February 2, 2010 News Release. Drilling by Coral's contractor Major
Drilling is expected to start September 7, 2010 and should take six to eight
weeks to complete.


Coral had announced initial results of 9 holes of this year's RC drilling
program of 12 holes at Triplett Gulch (see News Release dated July 7, 2010) the
final 3 holes of this program will be released shortly.


The company has withdrawn its original application for drilling - the 2010
amendment to the Robertson Plan of Operations when the Bureau of Land Management
indicated the Environmental Assessment of the Robertson property needed
upgrading. Coral immediately instructed SRK consulting to commence new
environmental studies and various field programs such as investigation of
endangered species habitats. (Currently Underway)


While the completion of the new comprehensive EA will delay the next phase of
the drill program, Coral stands by its on-going commitment to sound
environmental management.


Coral was incorporated in 1981 and 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 inferred gold resource of 3.4 million
ounces. Ongoing work is aimed at increasing resources through exploration of
near surface targets as well as deep drilling to evaluate the potential for
Carlin-style deposits below the Roberts Mountain thrust fault. The discovery in
2007 of strongly anomalous gold values in lower plate host rocks at Robertson
has further reinforced this potential which includes a number of excellent
untested geochemical and geophysical anomalies.


ON BEHALF OF THE BOARD

David Wolfin, President 

This release contains statements that are forward-looking statements and are
subject to various risks and uncertainties concerning the specific factors
disclosed under the heading "Risk Factors" and elsewhere in the Company's
periodic filings with Canadian securities regulators. Such information contained
herein represents management's best judgment as of the date hereof based on
information currently available. The Company does not assume the obligation to
update any forward-looking statement.