Coral Gold Resources Ltd.: Warrants Extension

Coral Gold Resources Ltd. (TSX
VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) ("Coral") wishes to
announce that it has applied for an extension to its terms of the warrants
issued pursuant to a private placement announced on March 3, 2010. The amendment
will extend the expiry dates of the warrants for six (6) months from April 1,
2012 and April 23, 2012 to October 1, 2012 and October 23, 2012 respectively.
All other terms remain the same.


ON BEHALF OF THE BOARD

David Wolfin, President & CEO

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.