Compass Gold Corp. announces that it has launched its previously reported follow-up field program on the Tarabala Trend, which consists of diamond drilling at the Tarabala artisanal workings, on its Sikasso Property in Southern Mali . Highlights The annual rains have ended, and field teams have been mobilized to prepare drill pads for follow-up drilling at the Tarabala prospect Drilling will consist of at least 400 m of [...]
Compass Gold Corp. reports the results of the latest drilling at the Massala West prospect on the Tarabala Trend and provides an update of planned drilled on the Company's Sikasso Property in Southern Mali . Highlights Latest AC drilling at Massala West confirms gold mineralization over 3 km along the Tarabala Trend Highest-grade drill interval: 1 m @ 12.94 g/t Au Widest mineralized zone: 9 m @ 1.01 g/t Au Initial deeper [...]
Compass Gold Corp. announced today that it has issued, on a non-brokered private placement basis, a total of 13,387,500 common shares of the Company, at a price of $0.20 per share, for aggregate gross proceeds of $2,677,500 pursuant to the closing of its previously announced private placement. Larry Phillips, Compass Gold's President and CEO, said, "Thanks to the support of our loyal existing shareholders, we are very [...]
Compass Gold Corp. announced today that it intends to issue, on a non-brokered private placement basis, up to 15,000,000 common shares of the Company, at a price of $0.20 per share, for aggregate gross proceeds of up to $3.0 million. The proceeds of the Offering will be used to further advance the Company's ongoing exploration efforts at its Sikasso Property in southern Mali, as well as for general corporate purposes [...]
Compass Gold Corp. reports the results of the recently completed drilling at the Old Sam and Dial?k? prospects, located on the Company's Sikasso Property in Southern Mali. Highlights Drilling at Old Sam identifies a wide zone of shallow gold mineralization, associated with the Samagouela shear zone and pronounced shallow gold in soil anomalies Highest-grade drill interval: 2 m @ 1.06 g/t Au Widest interval: 4 m @ 0.76 g/t [...]
Compass Gold Corp. reports the results of the latest drilling at the Massala West, Massala Main, Orange Grove, Assama and Sodala prospects, located on the Company's Sikasso Property in Southern Mali. Highlights Wide-spaced drilling at Massala West confirms gold mineralization along a new 1.6 km section of the Tarabala Fault Highest-grade drill interval was 2 m @ 13.06 g/t Au Widest mineralized zone was 21 m @ 0.86 g/t Au [...]
Compass Gold Corp. is happy to provide an update on the recently completed drilling at the Massala East, Massala West and Tarabala prospects, located on the Company's Sikasso Property in Southern Mali . Highlights: The first drilling at the Massala West prospect within our Sankarani property area identifies a wide zone of shallow gold mineralization associated with the Tarabala shear zone Best intercept: 24 m @ 2.35 g/t [...]
Compass Gold Corp. is pleased to provide an update on the recently completed drilling at the Tarabala prospect, located on the Company's Sikasso Property. Highlights Infill drilling at Tarabala confirmed a broad, shallow gold target, associated with a shear zone, extending at least 1-kilometre; remains open down dip Higher-grade mineralized zones were intercepted within wide zones of low-grade mineralization Widest and [...]
Compass Gold Corp. is pleased to provide an update on the recently completed drilling at the Tarabala and Samagouela prospects, located on the Company’s Sikasso Property in Southern Mali . Highlights Drilling at Tarabala identifies a pronounced, broad, shallow gold target, associated with a shear zone, extending at least 1.1-kilometres Higher-grade mineralized zones intercepted within wide zones of low-grade [...]
Compass Gold Corp. announced today that the Board of Directors has approved the issuance of 1,126,000 options, which will vest over a period of three years, to officers, employees and consultants of the Company. Each option is exercisable into one common share of the Company at an exercise price of $0.25 per Common Share and has a term of five years. The total number of outstanding options under the Company’s plan [...]
Compass Gold Corp. is pleased to provide an update on the recently completed drilling at the Samagouela and Tarabala prospects, located on the Company’s Kourou permit within the Sikasso Property in Southern Mali. Highlights Samagouela - Air core drilling and reverse circulation drilled on two gold mineralized structures 2,054 samples dispatched to assay laboratory Tarabala - 1,505 m from 30 AC holes and 186 m from 2 [...]
Not for distribution to United States newswire services or for dissemination in the United States TORONTO, Dec. 16, 2020 -- Compass Gold Corp. announced today that it has issued, on a non-brokered private placement basis, a total of 18,185,310 common shares of the Company, at a price of $0.20 per share, for aggregate gross proceeds of $3,637,062 pursuant to the closing of its previously announced private placement . Larry [...]
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