Compass Gold Corp.

Compass Gold Corp. is pleased to report that the retesting of drilling intervals from eight drill holes has returned significantly higher gold grades compared to previous fire assay testing from the Tarabala and Massala prospects, located on the Company's Sikasso Property in southern Mali . Highlights Metallic screen assay testing of historic samples confirmed the presence of coarse-grained gold mineralization [...]

Compass Gold Corp. is pleased to announce that it intends to issue, on a non-brokered private placement basis, approximately 14.3 million common shares of the Company , at a price of $0.07 per share, for aggregate gross proceeds of $1.0 million . Based on market conditions, the Offering may be increased by approximately 7.17 million Common Shares, for additional gross proceeds of up to $0.5 million, and resulting in [...]

Compass Gold Corp. is pleased to provide an update on the recently completed resampling and assaying at the Massala West prospect on the Sankarani permit, located on the Company's Sikasso Property in southern Mali . Highlights: Resampling of earlier RC holes within the Massala West mineralized zone indicated that mineralization was actually higher grade and wider than previously reported Widest intercept change: 28 m [...]

Compass Gold Corp. is pleased to provide an update on the recently completed deep bedrock drilling on four prospects on the new Moribala permit, located on the Company's Sikasso Property in Southern Mali . Highlights: Initial deep drilling on four prospects on the Moribala permit confirmed the presence of deeper gold mineralization at two of the prospects associated with the Moribala fault at Dakoun Best intercept: 7 m [...]

Compass Gold Corp. is pleased to announce that it intends to issue, on a non-brokered private placement basis, up to 20,000,000 units of the Company , at a price of $0.15 per Unit, for aggregate gross proceeds of up to $3.0 million . Each Unit will consist of one common share of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof to purchase one additional Common Share at a [...]

Compass Gold Corp. is pleased to provide an update on the recently completed remote sensing study completed on the Moribala permit, located on the Company's Sikasso Property in Southern Mali . Highlights: Fifteen target areas identified on the Moribala permit Increases size potential of three previously drilled targets that contain gold mineralization Targets associated with Moribala and Tarabala faults and areas of [...]

Compass Gold Corp. is pleased to provide an update on the recently completed first-pass drilling on four areas on the new Moribala permit, located on the Company's Sikasso Property in Southern Mali . Highlights: Initial shallow drilling on four prospects on Moribala permit identified a wide zone of shallow gold mineralization associated with the Moribala fault at Dafaraba Best intercept: 21 m @ 0.50 g/t Au , incl. 7 m [...]

Compass Gold Corp. has launched its follow-up drilling program on the Moribala permit on its Sikasso Property in Southern Mali. Highlights A fully-funded 1,000 m air core drill program has started on the Moribala permit Drilling is targeting two faults associated with strong gold anomalism and artisanal workings Targeting structures covering 12-km strike on the permit Awaiting results of additional ground geophysics to [...]

Compass Gold Corp. provides an update on the recently completed deep auger drilling program at Moribala and the shallow soil sampling program at Morila, both located on the Company's Sikasso Property in Southern Mali . Highlights Auger drilling confirmed the presence of deeper gold anomalism previously identified by licence-wide shallow soil sampling at Moribala Anomalies associated with artisanal workings following [...]

Compass Gold Corp. is pleased to provide an update on the recently completed diamond drilling at the Tarabala prospect, located on the Company's Sikasso Property in Southern Mali . Highlights Drilling at the Tarabala prospect tested 400 m of a 1,000 m zone, a pronounced, broad, shallow gold target, associated with a shear zone Higher-grade mineralized zones intercepted within wide zones of low-grade mineralization [...]