Coral Gold Resources Ltd. (TSX
VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) (the "Company") announces
that SRK Consulting (US) Inc., the Company's environmental compliance and
permitting consultants, have submitted an amended Plan of Operations (PoO) to
the US Bureau of Land Management (BLM) and the Nevada Department of
Environmental Protection (NDEP).


This 121 page amendment to the PoO when approved by the BLM and NDEP will permit
Coral to drill 36 core holes and 22 Reverse Circulation (RC) holes on the Gold
Pan, Porphyry, Altenburg Hill and Triplet Gulch Zones at the company's Robertson
Property in Crescent Valley, Nevada.


The 36 core holes will allow comparison of assays from core with previous
reverse circulation holes. They will also provide material for column leach
tests (to establish leachability of the zones) and also specific gravity tests
to accurately determine potentially mineable tonnages.


In addition Coral will drill a further 10 RC holes in the zone between Porphyry
and Altenburg Hill in an effort to determine continuity between the zones. Coral
will also drill 12 RC holes on the Triplet Gulch Zone.


The 36 core holes will be drilled by Major Drilling and the RC Holes by Lang
Division of Boart Longyear. The program will be directed by Bob McCusker,
qualified person as defined by N143-101. The metallurgical test program will be
directed by Jasman Yee, Coral's metallurgical consultant, qualified person as
defined by N143-101.


Beacon Hill Consultants (1988) Ltd. are currently updating the geostatistical
computer block model by incorporating results from the 2008 reverse circulation
drilling. The program of drilling and metallurgical test work planned for 2010
has been designed in consultation with Beacon Hill and is intended to increase
confidence and develop greater continuity and potentially move part of the
current inferred resource of 87 million tons grading 0.017 oz Au/ton (0.583 g/t)
at a cut-off grade of 0.0106 opt for a total approximately 1.5 million ounces at
Gold Pan, Porphyry and Altenburg Hill into the measured and indicated
categories.


This resource of 87 million tons grading 0.017 opt (0.583 g/t) at a cut-off of
0.0106 opt is calculated from the shallow depth resources outlined in the
October 9, 2009 news release, as follows:


Summary of selected near-surface inferred resources at the Robertson Property:



ZONE                       SHORT TONS ORE   GRADE, OZ AU/TON   CONTAINED OZ
---------------------------------------------------------------------------
Gold Pan oxide                 12,566,599              0.020        251,332
Altenburg Hill oxide           12,873,976              0.015        195,684
Porphyry oxide                 39,049,182              0.017        652,121
Porphyry sulfide               12,535,861              0.016        198,067
L. Triplet Gulch                9,993,131              0.021        208,585
---------------------------------------------------------------------------
Total                          87,018,749              0.017      1,505,789



Note that the remaining deeper resources at Distal, 39A of 91,905,439 inferred
tons (which together with the shallow resource of 87,018,749 tons total
178,924,188 tons) will not be evaluated by the 2010 program. The deeper resource
will remain in the inferred category.


The first program of drilling 12 RC holes at Triplet Gulch is expected to start
in the last week of May. The entire drill and metallurgical test work program
will take the whole of 2010 and will result in a Preliminary Economic Assessment
Report scheduled for Q2 of 2011.


This news release was prepared by Chris J. Sampson, P. Eng., Vice President
Exploration Coral Gold in consultation with Garth Kirkham P. Geo. and Peter
Stokes, P. Eng. of Beacon Hill Consultants (1988) Ltd. and Jasman Yee
metallurgical consultant and Bob McCusker geological consultant.


Inferred Resources are considered too speculative geologically to have economic
considerations applied to them. Inferred Resources require further exploration
to upgrade them to the higher Measured and Indicated categories.


While the current work program is designed to upgrade the level of confidence in
the oxide mineral resource base and provide the basis for a Preliminary Economic
Assessment Report that determines or analyses economic viability, Coral cannot
guarantee that additional drilling will upgrade Inferred Resources to a higher
level of confidence.


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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