CLH Coral Gold Resources Ltd

Coral Gold Resources Ltd. (TSX
VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) ("Coral" or the "Company")
is pleased to announce that its US subsidiary Coral Resources Inc. has received
notice from the Bureau of Mining Regulation and Reclamation (BMRR) of the State
of Nevada that it has approved the Plan of Amendment for Coral Resources Inc.'s
Robertson Project. The BMRR has sent the revised Reclamation Permit to Coral.


The Amended Plan of Operations ("APO") was originally approved by the federal
Bureau of Land Management (see news release dated Sept 16, 2013). Now that the
APO has been approved by the State of Nevada (NDEP and subsidiary BMRR) and once
the reclamation bond is adjusted Coral, can proceed with drilling and other
programs at Robertson.


Background

In April 2010, SRK Consulting (US) Inc. ("SRK Consulting" or "SRK"), our
environmental compliance and permitting consultants, submitted an APO to the BLM
and the NDEP to allow us to carry out our work plan. A setback occurred when the
BLM declined our drilling permit application because it deemed our existing
Environmental Assessment ("EA") was out of date. In June 2010, we withdrew our
original APO when the BLM determined that a new EA of the Robertson property
would be required. Coral immediately commissioned SRK Consulting to commence
work on the new EA which was to include third party studies on archeological,
air quality, water, rodents, migratory species, raptors, reptiles, vegetation,
insects and endangered species, as well as addressing a number of other
environmental issues. As Coral anticipated, the work did not locate native
religious sites or burial grounds, endangered species, etc. On September 24th,
2012, Coral announced that SRK had completed and submitted the EA to the BLM.
After BLM review, comment period, and several amendments SRK finalized the EA
and re-filed it in June 2013 which then went out for public comment which
resulted in no significant challenges.


Compliance with the EA process was mandatory and has virtually prohibited
exploration and development on the Robertson Property since 2010.


Qualified Person

Coral's projects are under the supervision of Chris Sampson, P.Eng, Coral Gold
VP and Director, who is a qualified person within the context of National
Instrument 43-101. Mr. Sampson has reviewed and approved the technical data
herein. 


ON BEHALF OF THE BOARD

David Wolfin, President & Chief Executive Officer 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Coral Gold Resources Ltd.
David Wolfin
President & Chief Executive Officer
604.682.3701
604.682.3600 (FAX)
info@coralgold.com
www.coralgold.com

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