CLH Coral Gold Resources Ltd

Coral Gold Resources Ltd. (the "Company") (TSX
VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) is pleased to announce that
it has arranged a Non-Brokered Private Placement of up to 5,000,000 units at a
price of $0.55 per unit, each unit consisting of one common share and one
non-transferrable share purchase warrant. Each warrant will entitle the investor
to purchase one additional common share with a term of two (2) years at an
exercise price of $0.75.


A finder's fee of 6% of the funds raised and 6% of Broker's Warrants will be
paid to agents for their assistance in the financing.


The Broker's Warrants will entitle the Broker to purchase one additional common
share with a term of one (1) year at an exercise price of $0.75.


The net proceeds of this Offering will be used to advance the Company's
Robertson gold project at Crescent Valley, Nevada towards the work program
announced on February 2, 2010 and general working capital requirements.


The financing is Subject to approval of The TSX Venture Exchange and all
regulatory authorities. The securities issued by Coral in connection with this
financing are subject to a 4-month "hold period" as prescribed by the TSX
Venture Exchange.


For more information on the Robertson Property and Coral Gold's other Nevada
projects, visit the company's website at www.coralgold.com.


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.

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