Coral Gold Resources Ltd. announced another productive year by Nevada Gold Mines (NGM) at the Robertson Property in the Cortez Mining District, Lander County, Nevada, USA. Nevada Gold Mines reported that their investigations made progress in 2019 with drilling, metallurgy studies, environmental baseline, and general mine layout work. Metallurgical testing continues with drill samples collected in the 2017 and 2018 drilling programs along with samples collected in 2019. Studies are also underway to determine if lower grade material can economically be heap leached on the Robertson property. Geologic modeling incorporating the 2019 work is underway to update the resource estimate and guide mine and facilities planning. NGM does not plan to release a specific Prefeasibility Study. Coral Gold holds a sliding scale 1% to 2.25% net smelter returns royalty (NSR) on the Robertson Property, payable quarterly, subject to potential advance royalty payments. Under the agreement, dated June 20, 2016, Barrick paid USD 15.75 million (approximately CAD 21.2 million based on the exchange rate at the time) to Coral. Barrick also returned 4,150,000 common shares of Coral, representing approximately 8.7% of the Company’s basic common shares outstanding for cancellation by the Company. Earlier in 2019, Barrick and Newmont Mining combined their Nevada operations into a new joint venture company, Nevada Gold Mines, which owns and operates the combined assets.