Coral Gold Resources Ltd.
TSX VENTURE : CGR
OTC Bulletin Board : CGREF
BERLIN : GV8
FRANKFURT : GV8

Coral Gold Resources Ltd.

May 18, 2006 17:16 ET

Coral Gold Resources Ltd.: Rob McEwen Resigns as Director and Executive Chairman

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 18, 2006) - Coral Gold Resources Ltd. (the "Company") (TSX VENTURE:CGR)(OTCBB:CGREF)(BERLIN:GV8)(FWB:GV8) has been advised that Robert McEwen has resigned as Director and Executive Chairman of the Company, effective immediately.

On behalf of the Board of Directors of Coral Gold Resources Ltd.

Louis Wolfin, Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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