Jan 10 2011
Coral Gold Resources Ltd. (TSX VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) has announced results from the final five diamond core holes drilled at Corals Robertson property in Crescent Valley Nevada.
These holes were part of a 15 hole diamond core program.
The holes, CC10-10 to CC10-15 are vertical and range from 400 to 600 feet in depth (122 to 183 metres) hole CC10-10 was on the Altenburg Hill zone.
Hole CC10-11 was drilled on the lower Triplet Gulch zone but was abandoned at shallow depth due to very poor core recovery and slow progress.
Holes CC10-12 thru CC10-15 were drilled on the west end of the Gold Pan Zone.
The program was designed to twin 2008 RC holes in order to provide material for metallurgical test work. This will consist of column leach tests by McLelland Labs in Reno, Nevada.
All samples were collected by Robert McCusker, a qualified person as defined by N143-101 and were fire assayed by ALS Minerals Labs using an AA finish.
We are pleased to see grade improvement from historic RC to current diamond core holes. Also we are excited to be working towards having a new PEA by the middle of this year.
Source:
Coral Gold Resources Ltd.