Coral “CLH” Announces Initial Results from Spring Drill Program

Coral was permitted to drill 13 holes on the Porphyry gold zone at the Robertson property, Nevada.  Holes CC12-2 and 3 were the first holes received, both with significantly higher gold values than the corresponding twinned Amax RC holes.  CC12-2 intersected 395 feet grading 0.836 g/t gold and CC12-3 intersected 465 feet grading 0.441 g/t gold.

Coral would like to drill a further 27 core holes as recommended by the PEA is 2012 however the Bureau of Land Management will not allow any further drilling until the plant and animal reports are completed and reviewed.  The reports are anticipated to be completed in August.


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