BRIEF-Coral enters into option and joint venture agreement and private placement of $705,500 with Barrick

March 5 (Reuters) - Coral Gold Resources Ltd CLH.V :

* Enters into option and joint venture agreement and private placement of

$705,500 with Barrick

* Says Barrick has subscribed for 4.15 million common shares of the company at

a price of C$0.17 per common share

* Under deal upon Barrick Gold exercising option,60%/40% or 75%/25% jv between

parties to be established to explore gold ridge property

* Source text for Eikon News Search ID:nMKWJzlW7a

* Further company coverage CLH.V ((Bangalore Newsroom; +1 646 223 8780))