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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 known as the Robertson Property. Robertson adjoins Barrick Gold Mines' Cortez Mine, which in 2012 was Barrick's lowest cost mine for the third straight year with production of 1.37 million ounces at a total cash cost of US$282 per ounce. Over the past 25 years, Coral Gold and its various joint venture partners have spent more than $25 million exploring the Robertson property. In that time an extensive database comprised of 533,453 feet of drilling through 1,160 drill holes and 101,757 gold assays has outlined 6 near surface gold zones. In January 2012, Coral's independent engineering firm, Beacon Hill Consultants (1988) Ltd. published a Preliminary Economic Assessment ("PEA") on 3 of the 10 known gold zones and determined that the Robertson Property is one of merit that warrants further development. Coral is currently following the recommendations in the PEA to move the project towards pre-feasibility. Our Key Objective • Move Robertson towards Pre-feasibility read more
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