Coral Gold (TSX.V-CLH) has provided results from the first three diamond core holes drilled at Coral’s Robertson property in Crescent Valley, Nevada. These initial holes are part of a 15 hole diamond core program which Coral started on September 16th. The vertical holes range from 400 to 600 feet in depth and focus on the Altenburg Hill and Gold Pan Zones. The drill program is currently on the tenth hole and results from holes 4 and 7 are expected shortly.
The program is designed to twin 2008 RC holes in order to provide material for metallurgical test work. The 15 hole program is part of a program designed to upgrade the resource in the Robertson Core area. Please go to www.coralgold.com for a copy of the complete news release and the first three holes which included 18 metres of 1.096 g/t gold.
Barrick Gold Exploration has notified Coral that it has terminated its option on the Norma Sass property (Coral 66.7%; Levon Resources 33.3%). They have paid all fees on the claim group for the coming year. Although Barrick did not intersect significant intercepts of mineralization at depth, Coral still holds these claims in high regard because of their proximity to the Pipeline Mine and previous significant drill intercepts drilled in 1996.