CORAL GOLD RESOURCES LTD.

400-455 Granville Street

Vancouver, BC

Canada V6C 1T1

Phone: (604) 682-3701

Fax: (604) 682-3600

Web: www.coralgold.com

Info: ir@coralgold.com

Q3 INTERIM FINANCIAL STATEMENTS

FOR PERIOD ENDING OCTOBER 31, 2006

Shares Traded

TSX Venture Exchange

Symbol: CGR

OTCBB

Symbol: CGREF

Frankfurt/Berlin-Bremen

WKN A0DJ0G

Directors and Officers

Louis Wolfin, Director & President

Lloyd Andrews, Director & Chairman

Chris Sampson, Director & VP Explorations

David Wolfin, Director

Gary Robertson, Director

Matt Wayrynen, Vice President

Connie Lillico, Secretary

Lindsay Gorrill, CFO

NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS

Under National Instrument 51-102, Part 4, subsection 4.3(3)(a), if an auditor has not performed a review of the interim financial statements, they must be accompanied by a notice indicating that the financial statements have not been reviewed by an auditor.

The accompanying unaudited interim financial statements of the Company have been prepared by and are the responsibility of the Company’s management. The Company’s independent auditor has not performed a review of these financial statements in accordance with the standards established by the Canadian Institute of Chartered Accountants for a review of interim financial statements by an entity’s auditor.