T 604.682.3701 F 604.682.3600 Suite 400, 455 Granville Street Vancouver, BC V6C 1T1 ir@coralgold.com www.coralgold.com

May 7, 2009

Trading Symbols: TSX Venture – CLH

OTC.BB – CLHRF

 Berlin and Frankfurt – GV8

RESIGNATION OF DIRECTOR

Coral Gold Resources Ltd. (the “Company”) announces that Mr. Vic Chevillon, M.Sc., C.P.G. has resigned his position as Director and member of the Corporate Governance Committee of the Company.  We thank Mr. Chevillon for his time and efforts and wish him every success in the future.

ON BEHALF OF THE BOARD

“David Wolfin”

________________________________

David Wolfin

President

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release