Compass Gold Corp. announced today that, as a result of substantial investor demand, it has further increased the size of its initially announced $2.5 million private placement and will now issue up to 18,500,000 common shares of the Company, at $0.20 per share, for aggregate gross proceeds of up to $3.7 million. The proceeds from this offering will be used to fund exploration, including a 17,000-meter drill program to be [...]
Compass Gold Corp. announced today that it has increased the size of its previously announced $2.5 million private placement and will now issue up to 17 million common shares of the Company, at a price of $0.20 per share, for aggregate gross proceeds of up to $3.4 million. The proceeds from this offering will be used to fund exploration, including a 17,000-meter drill program to be completed before the end of Q2, 2021 [...]
Compass Gold Corp. announced today that it intends to issue, on a non-brokered private placement basis, up to 12,500,000 common shares of the Company, at a price of $0.20 per share, for aggregate gross proceeds of up to $2.5 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. announces that the TSX Venture Exchange has approved the Company’s request to extend the term of certain issued and outstanding warrants that were otherwise scheduled to expire on November 29, 2020. The Exchange has agreed that certain issued and outstanding warrants issued as part of a private placement that closed on November 29, 2017 and exercisable at a price of $0.75 per share for a total of [...]
Compass Gold Corp. announces that has filed with the TSX Venture Exchange to extend the term of certain issued and outstanding warrants that are otherwise scheduled to expire on November 29, 2020. Subject to final approval of the Exchange, the Company plans to extend the term of issued and outstanding warrants that were issued as part of a private placement that closed on November 29, 2017 and exercisable at a price of [...]
Compass Gold Corp. announces that it has nearly completed the ground geophysical surveys over the Samagouela Trends on its Sikasso Property in southern Mali. Highlights 4.26 sq. km of Gradient Induced Polarization surveys being completed on three grids on the Samagouela Trend The annual rains have ceased, and field teams have mobilized to prepare access and drilling pads for renewed drilling at the Tarabala and Samagouela [...]
Compass Gold Corp. announces that it has launched its follow-up field program on the Tarabala and Samagouela trends on its Sikasso Property in Southern Mali. Highlights The annual rains are easing, and field teams have mobilized to prepare access for renewed drilling at the Tarabala and Samagouela artisanal workings A fully-funded 3,000 m drill program is planned on two prospects on the Sikasso property in Q4 2020 [...]
Compass Gold Corp. is pleased to announce that it will host a webinar and conference call at 11:30 a.m. E.T. on Tuesday, August 18th, to provide a review of the Company’s recent activities, as well as its plans for continuing exploration on its Sikasso Property in southern Mali. Before the webinar, investors are invited to review the Company’s latest news releases and investor presentation . Compass CEO, Larry Phillips [...]
Compass Gold Corp. is pleased to provide an update on the recently completed fieldwork at the Dial?k? prospect on the Company’s Sikasso Property in southern Mali . Highlights Exploration work at Dial?k? identifies two discrete >1-km-long zones of coincident gold-in-shallow-soil anomalism associated with the Siekeroli shear zone Pronounced gold in soil anomaly present adjacent to Dial?k? workings Gold-bearing quartz [...]
Compass Gold Corp. is pleased to provide an update on the recently completed drilling at the Sodala prospect, located on the Company’s Sikasso Property in southern Mali . Highlights Drilling at Sodala identifies a broad, shallow gold target, associated with a shear zone Air core drilling intersected gold mineralization within a 280-m wide fault zone cutting artisanal gold workings Further geophysical testing and [...]
Compass Gold Corp. is pleased to provide an update on the recently completed drilling at the Samagouela and Samagouela South prospects, located on the Company’s Kourou permit within the Sikasso Property in Southern Mali . Highlights Geophysical survey and drilling at Samagouela identify a pronounced, broad, shallow gold target, associated with a shear zone, extending more than 2-kilometres Air core drilling [...]
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 in Southern Mali . Highlights Coordinated exploration work at Tarabala identifies a pronounced, broad, shallow gold target, associated with a shear zone, extending more than 2-kilometres Air core drilling intersected gold mineralization within the 10 km long [...]