INVESTOR HANDBOOK - November 2018

SUCCESS IN ONE OF THE WORLD’SRICHEST GOLD DISTRICTS

SAFE HARBOUR

Certain statements contained herein regarding the Company and its operations constitute “forward-

looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding

future estimates, plans, objectives, assumptions or expectations for future performance, are “forward-

looking statements.” We caution you that such “forward looking statements” involve known and

unknown risks and uncertainties that could cause actual results and future events to differ materially

from those anticipated in such statements. Such risks and uncertainties include fluctuations in precious

metal prices, unpredictable results of exploration activities, uncertainties inherent in the estimation of mineral reserves and resources, fluctuations in the costs of goods and services, problems associated

with exploration and mining operations, changes in legal, social or political conditions in the

jurisdictions where the Company operates, lack of appropriate funding and other risk factors, as discussed in the Company’s filings with Canadian and American Securities regulatory agencies.

Resource and production goals and forecasts may be based on data insufficient to support them.

Mr. Garth D. Kirkham, P.Geo., and Mr. Peter Stokes, P.Eng., of Beacon Hill Consultants (1988) Ltd. and Mr. Robert McCusker, Consultant Geologist and Project Manager are Qualified Persons in accordance

with NI 43-101. Messrs Kirkham, Stokes and McCusker are independent of Coral as defined by NI 43-

101 and are responsible for the technical data in the resource estimate.

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CORAL GOLD SNAPSHOT

Royalty/exploration company focused on the Cortez Gold Trend of Nevada

Projects:

Robertson Property (royalty agreement

with Barrick Gold)

Norma Sass (100% Coral Gold)

JDN (100% Coral Gold)

Eagle (100% Coral Gold)

Shares Outstanding: 47,478,337*

Shares Traded:

TSX.V, Symbol CLH; OTCQX, Symbol CLHRF

Frankfurt GB8

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*As of April 30, 2018

✓ Strong balance sheet – C$18M Cash ($0.39/share cash value)

✓ Barrick royalty on Robertson – uncapped, sliding scale 1% to 2.25%

✓ Shares currently at or near cash value – royalty not factored in yet

✓ Robertson Pre-Feasibility & permitting underway by Barrick

✓ Prime Nevada location & properties

✓ Proven mining management – 150+ combined years experience

✓ Long-term relationship with Barrick Gold

✓ Exceptional Share Structure – NCIB reducing outstanding shares

INVESTMENT CASE FOR CORAL GOLD

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NEVADA – WORLD CLASS FOR GOLD & MINING

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Produces >5% of the world’s gold; nearly 80% of United States’ gold

Over $6.8 Billion worth of gold produced in 2016 (>5.4 million oz)

4th in world gold production behind China, Australia and Russia

Numerous 20M oz gold deposits

56.7 oz Au proven and probable reserves statewide reported in 20161

Pro-mining, world-class infrastructure, talent, resources

1 Major Mines of Nevada 2016 by Rich Perry and Mike VisherThe Nevada Division of Minerals

THE CORTEZ & CARLIN TRENDS: >128M oz gold to date

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ROBERTSON PROPERTY/BARRICK REGIONAL HOLDINGS

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CORTEZ REGION: BARRICK’S SUCCESS

Pipeline, Cortez Hills and Goldrush represent three of the largest Carlin-type gold deposits in the world. They make up Barrick’s lowest-cost assets with:

► 50 million+ oz gold reserves & resources

► Producing ~ 1.0 million oz per year

► Projected All-in Sustaining Costs of $610-$660/ounce1

1 Barrick Nevada AISC, includes costs from Goldstrike Mine - Barrick Gold Corporation 2017 Annual Report.

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▪ Return of 4,150,000 CLH common shares held by Barrick (approximately 8.7% of CLH shares outstanding)

▪ Sliding scale 1% to 2.25% net smelter returns royalty on the Robertson Property (details slide #11)

▪ Payable quarterly, subject to potential advance royalty payments ($500,000 beginning Jan 2025 if not in production)

▪ Right of first refusal enables Barrick to acquire the NSR in the event that the Company wishes to sell to any third party.

THE BARRICK ROYALTY

A Major Turning Point - the Path to Royalty Revenue

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THE BARRICK ROYALTY

Coral’s Sliding Scale Royalty with Barrick – no cap on payments!

AVERAGE GOLD PRICE DURING THE QUARTER (USD) APPLICABLE NSR RATE

Up to and including $1,200.00 1.00%

$1,200.01 to $1,400.00 1.25%

$1,400.01 to $1,600.00 1.50%

$1,600.01 to $1,800.00 1.75%

$1,800.01 to $2,000.00 2.00%

Over $2,000.00 2.25%

US$500,000 annual royalty begins Jan 1 2025 if Robertson not in production by Dec 31 2024

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Advanced-staged exploration project located immediately adjacent to the Pipeline gold mine

Sale to Barrick Gold, completed June 2017 for sliding-scale, uncapped royalty agreement

Over the past 25 years, Coral Gold and venture partners spent more than $25 million exploring the claims

This activity led to the discovery of a gold resource exceeding 2.7M ounces and a deep, Lower Plate target

Barrick expected to continue property development towards production

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ROBERTSON OVERVIEW

Can complement Barrick’s lowest cost operation by adding significant value

Provides Barrick the option of increasing production and/or extending the life of its operation

Coral’s sliding scale royalty has the potential to be a tremendous asset which could increase shareholder value once the Pre-Feasibility Study is complete and the economic value is fully understood

Global demand for gold is stable, production is in decline

Low cost mines becoming harder to find

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ROBERTSON’S TIMELY DEVELOPMENT

BARRICK Q2 2018 WORK AT ROBERTSON

Pre-feasibility Study (PFS) Engineering & Permitting Stage II budget prepared for approvals.

Stage I program broadly verified historic data in the Gold Pan/39A area.

All assay results from 2017 drilling were received; database update pending.

Metallurgical lab work from 2017 drilling completed.

Baseline studies continue; PFS work on schedule.

2018 drilling and disturbance work plan approved by BLM.

Drilling scheduled for Q3 & Q4 2018 (44 PQ core holes).

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▪ Pre-feasibility, Plan of Operation, EIS – all simultaneously

▪ Coral management owns 30% - hostile takeover not likely

▪ BLM – no longer than 12 months to review EIS

Barrick Pushing Development at Robertson

THE BARRICK ROYALTY

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✓ Barrick’s focus at Robertson: FIND THE DEEPER SOURCE OF ROBERTSON SURFACE GOLD

✓ Locate a deep, rich “feeder” deposit – mining the shallow resource at Robertson is secondary

✓ With massive Cortez infrastructure adjoining Robertson, Barrick’s economics are favourable

SEEKING THE FEEDER SOURCE AT ROBERTSON

View of Barrick’s Cortez Mine from Robertson Project

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CONCEPTUAL MODEL OF A DEEP CARLIN-TYPE DEPOSIT

DEEP, HIGH-GRADE FEEDER ZONE

SHALLOW OXIDE, LOW-GRADE

SHALLOW OXIDE, LOW-GRADE

Even deeper drilling can miss the Bonanza Zone but hit “teasers.”

Deep hole hits Bonanza Zone, i.e. 400’ of 0.40 Au

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400’ Average Depth of Robertson Drilling (1,160 drill holes, 533,453 feet, 162,638 meters

Most of Barrick production at Pipeline & Cortez Hills is below 1000’ in Lower Plate

SEEKING A “MEIKLE-STYLE” DISCOVERY AT ROBERTSON

Barrick geologists have stated they’re seeking a “Meikle-style” discovery at Robertson.

The Meikle deposit was discovered in September 1989 when the tenth deep drill hole EX-89-4 intersected 540 ft of 0.41 oz/st Au from 1,305 ft to 1,845 ft.1

This hole was targeted at an inferred structural intersection associated with induced polarization (IP) geophysical and soil geochemistry anomalies.

1 Goldstrike Technical Report – page 6-2

From 2007 to 2016, the Meikle underground mine (Meikle, North Post, Betze and Banshee areas) produced over 4m oz Au at an average grade of .295 oz/ton

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CategoryQty

(Tons)Grade

(oz Au/Ton)Qty

(oz Au)

Inferred Resource* 191,725,418 0.0143 2,741,673

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ROBERTSON CORE CLAIMS UPPER PLATE RESOURCE TO DATE*

Gold Price: US$1,350/ozCutoff Grade: 0.0067 oz Au/ton Mining Cost: US$1.02/tonProcessing Cost: US$5.00/ton Waste Cost: US$1.14/tonDrilling: 1,160 holes, 533,453 feet

(162,638m)

Mr. Garth D. Kirkham, P.Geo., and Mr. Peter Stokes, P.Eng., of Beacon Hill Consultants (1988) Ltd. and Mr. Robert McCusker, Consultant Geologist and Project Manager are Qualified Persons in accordance with NI 43-101. Messrs Kirkham, Stokes and McCusker are independent of Coral as defined by NI 43-101 and are responsible for the technical data in the resource estimate.

Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. The quantity and grade of reported Inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred resources as an Indicated or Measured mineral resource and it is uncertain if further exploration will result in upgrading them to the Indicated or Measured mineral resource category.

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THE VALUE PROPOSITION

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CAPITALIZATION*

Shares Outstanding 50,669,337Options 3,270,000Fully Diluted 53,939,337Cash & Cash Equivalents C$19.1M

* As of July 31, 2018 (Q1) FS

Newsletter Coverage:Jay TaylorBrien Lundin

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CONTACT

Thank You!

Corporate Communications

David Wolfin, PresidentInvestor Relations: ir@coralgold.com

www.coralgold.com

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APPENDICES

“We are excited to add Robertson to our pipeline of projects at the Cortez property, where our vision is to create a multi-mine operation that will deliver long-term value to our shareholders and our government and community partners in Nevada.”

Rob Krcmarov, Barrick Gold Senior Vice President,Global Exploration

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NORMA SASS CLAIMS

► Strategic location immediately south of the Gold Acres mine and west of Pipeline

►Drilling by Coral and Cortez Gold Mines has encountered a number of significant gold intercepts at depths of 110 to 1,060 feet

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NORMA SASS

NORMA SASS – 100% owned

JDN CLAIMS

► 27 claims (560 acres) 10 miles NNW of Gold Acres and Pipeline Gold Mines

► Adjoins the Cortez Hilltop deposit: indicated resource 700,000 oz Au

► Underlain by the same formations that host the Hilltop deposits

► A series of showings (Jet Age Silver zone) occur in the south central part of the JDN claim block.

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JDN – 100% owned

JDN

EAGLE

► Located just south of Hecla’s Fire Creek Mine

► Previous shallow drilling hit numerous intersections of anomalous gold

EAGLE CLAIMS

EAGLE – 100% owned

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