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Compass Gold Corp.
Summary
| Project: | Sikasso | |
|---|---|---|
| Deposit: | Farabakoura | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 5/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-5-2019: Compass Gold Corp. announces an Exploration/Drilling Update report for its Farabakoura deposit at the Sikasso project. Drilling results incl. 32m @ 3.02g/t Au from 24m. Compass CEO, Larry Phillips, said, “This latest drilling has extended our p | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dr. Sandy Archibald (Internal) | |
| ABSTRACT: | Compass CEO, Larry Phillips, said, “This latest drilling has extended our primary target zone, the Farabakoura Pit Zone, to a length of over 500 m, and the structure remains open to the southeast. We now have a clearer understanding of the rock types and structures that are the main controls on mineralization. We will use this information to drill additional targets underlying the extensive Farabakoura artisanal workings. A 3,000 metre drill program with our strategic partner, Capital Drilling, will commence immediately.” Farabakoura Reverse Circulation Drilling Results As previously announced (see Compass news release dated May 8, 2019), the Company recently completed a 1,928-m RC drilling program over selected geophysical targets at the Farabakoura artisanal workings on the Ouassada permit (see Figure 1). Drilling focused on two parallel NW-trending structures, termed the Farabakoura Pit Structure, and the Kabangoué Structure, as well as the east-west trending Farabakoura East Structure. The thirteen drill targets were selected based on data from a ground magnetic survey, an induced polarization (IP) survey, and previous drilling results. Drilling was performed by Target Drilling (Bamako, Mali), and samples were collected for fire assaying by SGS (Bamako, Mali). | |
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