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.
Agnico-Eagle (USA) Ltd commenced drilling on the property. The company plans to drill 15,000 ft. in 12 to 15 holes on the properties and plans to extend the drill program if favourable results are obtained.
October 31, 2005
Announced the results of drilling. These holes explored two major fault structures (the Gold Acres and Island faults) which are considered to be conduits for gold mineralization in the Gold Acres mine. Highlights include 18.29 m grading 1.75 g/t Au and 33.53 m grading 1.27 g/t Au.
