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

Coral Gold Resources Ltd.

July 11, 2007 16:49 ET

Coral to Begin Deep Drilling Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2007) - Coral Gold Resources Ltd. (TSX VENTURE:CGR)(OTCBB:CGREF)(BERLIN:GV8)(FRANKFURT:GV8) is pleased to announce that it will begin drilling four deep holes (3 - 5,000 feet) on its wholly owned Robertson Property in the Battle Mountain - Cortez Eureka gold belt in Northern Nevada, USA on July 16, 2007 to explore the lower plate.

The drilling will be carried out by Lang Exploratory Drilling of Elko, NV, a subsidiary of Boart Longyear, Inc.

On Behalf of the Board of Directors:

Louis Wolfin, President

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

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