455 GRANVILLE STREET, SUITE 400
VANCOUVER
British Columbia
Canada,
V6C 1T1
Phone: +1 (604) 682-3701
Fax: +1 (604) 682-3600
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On the Battle Mountain-Cortez Gold Trend
Coral's projects are situated along the Cortez gold trend, which lies southwest of the renowned Carlin trend. The Cortez and Carlin trends represent the United States' key gold region, accounting for three-quarters of the country's gold output.
Location & Ownership
Coral's primary properties—Robertson, Excluded, Norma Sass and Ruf—lie in the south Crescent Valley region. Coral owns 100% interest in the Robertson claims, while the Excluded Claims operate under a 61/39 joint venture with Cortez Gold Mines (a joint venture between Barrick Gold Corporation and Kennecott Explorations). Norma Sass and Ruf are joint ventures with Levon Resources Ltd. Coral Gold also holds 100% interest in the Lander Ranch and Blue Nugget claims, located immediately north of Robertson.
One of the World's Most Important Gold Districts
Coral Gold chose to explore in Nevada—and particularly along the Cortez gold trend—with good reason. Although Nevada produced 6.3 million ounces of gold in 2006, the state's gold output is decreasing. Because Nevada's gold mines are maturing, major producers such as Barrick Gold and Newmont will need to replace reserves either through exploration or by acquiring defined resource from junior companies, such as Coral Gold.
For more information go to:
www.coralgold.com
Company NewsTuesday, May 12, 2009 Coral Gold Resources has been notified by Barrick Gold Exploration that plans are underway to do target delineation work in Q2 followed by deep drilling in Q3 on our Norma Sass property, Cortez Gold Trend, Nevada. Norma Sass is a 36-claim property immediately west of the Pipeline Mine open pit. Norma Sass was optioned to Barrick in October, 2008, and is jointly owned by Coral’s wholly owned U.S. subsidiary, Coral Resources, Inc. and Levon Resources Ltd. News ReleasesTuesday, February 10, 2009 Wednesday, February 04, 2009 Tuesday, October 21, 2008 Map Legend: Producer Past Producer  Development  Exploration |
