Compass Gold Corp. announces that it has launched its follow-up field program on the Farabakoura Trend, which includes the Farabakoura and Kabangoué artisanal workings and the high-priority Boumban prospect, on its Sikasso Property in Southern Mali. Highlights The annual rains have ended, and field teams have mobilized to start preparing access for renewed drilling at Farabakoura and Kabangoue artisanal workings [...]
Compass Gold Corp. announced today that SEMAFO Inc. has agreed to participate in a private placement, pursuant to which the Company intends to issue, on a non-brokered private placement basis, up to 14,286,000 common shares of the Company, at a price of $0.35 per share, for aggregate gross proceeds of up to $5.0 million . SEMAFO is the lead participant in the Offering and will be subscribing for $2 million. Assuming a [...]
Compass Gold Corp. is pleased to provide an update on its exploration activity on the Kourou permit, Sikasso Property in Southern Mali. Highlights Shallow soil survey reveals discrete gold anomalism over a distance of 1.8 km along strike from Samagouela gold workings Maximum soil sample contained 4.03 grams per tonne gold ; not associated with previous workings Anomalies are coincident with regional shear zone and [...]
Compass Gold Corp. announces results from the recently completed diamond core drilling program at the Farabakoura artisanal workings on the Ouassada permit, Sikasso Property in southern Mali. Highlights Diamond drilling at Farabakoura intercepts high-grade gold mineralization in bedrock, including: 6.1 m @ 65.6 grams per tonne gold from 19.5 m 13 m @ 9.25 g/t Au from 21.1 m 7.1 m @ 2.13 g/t Au from 68.9 m 7.0 m @ 1.45 g/t [...]
Compass Gold Corp. is pleased to provide an update on exploration activity on the Faraba-Coura permit, Sikasso Property in Southern Mali. Highlights Three discrete gold zones identified over a distance of 4.8 km from a shallow soil survey, and 2 km along strike from Farabakoura gold workings Anomalies are coincident with crustal-scale faults cutting intrusions Results reinforce anomalies previously identified through [...]
Compass Gold Corp. is pleased to provide an update on the remaining RC exploration drilling at the Farabakoura artisanal workings on the Ouassada permit, Sikasso Property in Southern Mali. Highlights Assay results from the final 11 reverse circulation drill holes from the Farabakoura artisanal workings Drilling primarily conducted to test east-west trending vein structures and provide geological information Best interval [...]
Compass Gold Corp. is pleased to provide an update on the ongoing exploration drilling at the Farabakoura artisanal workings on the Ouassada permit, Sikasso Property in Southern Mali. Highlights Latest reverse circulation and diamond drilling program completed at Farabakoura artisanal workings Best interval: 7 m @ 15.38 grams per tonne gold from 111 m , including 1 m @ 60.56 g/t Au Intercepted gold mineralization in nine [...]
Compass Gold Corp. announces that it has added a new diamond drill program at the Farabakoura artisanal workings on the Ouassada exploration permit on its Sikasso Property in Southern Mali. Highlights Completed the first of seven diamond drill holes, totalling 1,000 m at the Creek Zone, Farabakoura Diamond holes are to test extensive and high-grade gold mineralization at depth and rock types previously identified during [...]
Compass Gold Corp. is pleased to announce that it will host a conference call at noon on Tuesday, June 25th, to provide a review of the Company’s recent activities, as well as its plans for further exploration at the Ouassada exploration permit on its Sikasso Property in Southern Mali. Prior to the call, investors are invited to review the Company’s latest news releases as well as its Investor Presentation [...]
Compass Gold Corp. announces that it has started its follow-up drill program at the Farabakoura artisanal workings on the Ouassada exploration permit on its Sikasso Property in Southern Mali. Highlights Initiated first of at least 20 reverse-circulation drill holes, totalling 3,000 m at Farabakoura Testing several structures based on known gold mineralization, favourable geology and geophysical interpretation of ground [...]
Compass Gold Corp. announced today that the Board of Directors has approved the issuance of 775,000 options to officers, employees and consultants of the Company. Each option is exercisable into one common share of the Company at an exercise price of $0.30 per Common Share and having a term of five years. The total number of outstanding options under the Company’s plan, including the grant above, is now 2,800,000 [...]
Compass Gold Corp. is pleased to provide an update on the recently completed exploration drilling at the Farabakoura artisanal workings on the Ouassada permit, Sikasso Property in Southern Mali. Highlights Completed 13 reverse circulation drill holes at Farabakoura artisanal workings, totalling 1,928 m Intercepted gold mineralization in three holes, increasing the known strike length of the mineralized system to 500 m [...]
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