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 Advanced, Carlin-Type Targets on Nevada's Cortez Gold Trend.
Coral Gold Resources is exploring a portfolio of strategically-located claim blocks along the Cortez gold trend in north-central Nevada at the Robertson Project. Robertson adjoins Cortez Gold Mines' Pipeline Mine, one of the lowest cost Au producers in Nevada, The Pipeline open pit is just south of Robertson in Crescent Valley. Barrick Gold Mines recently reported proven and probable gold reserves of 11.5 million ounces and is continuing exploration drilling to expand the Pipeline deposit.
Drilling at Robertson and a resulting 3-D resource block model in 2007, more than doubled the inferred gold resource estimate at Robertson to 2.3 million ounces. This latest resource estimate, prepared by Beacon Hill Consultants of Vancouver, BC is fully 43-101 compliant and was calculated on the basis of US$600 gold and recoveries of 70% read more
The present gold resource is largely open on strike and down dip, with 2008 expansion drilling planned to start in April. read more
Video of the late Dr. Ralph Roberts, discussing the Cortez-Battle Mountain trend and Coral Gold's properties - Click Here to View
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May 01, 2008Grant of Stock Options more
Apr 24, 2008Coral Gold Preparing for 2008 Resource Expansion Drilling more
Mar 28, 2008Investor Relations Agreement Amended more
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