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Compass Gold Corp.
Summary
| Project: | Sikasso | |
|---|---|---|
| Deposit: | Farabakoura | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 9/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-9-2019: Compass Gold Corp. announces an Exploration/Drilling Update report for its Farabakoura deposit at the Sikasso project. Drilling results incl. 6.1m @ 65.58g/t Au from 19.5m. TORONTO, Sept. 05, 2019 -- Compass Gold Corp. (TSX-V: CVB) (Compass or t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dr. Sandy Archibald (Internal) | |
| ABSTRACT: | TORONTO, Sept. 05, 2019 -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) announces results from the recently completed diamond core drilling program at the Farabakoura artisanal workings on the Ouassada permit, Sikasso Property in southern Mali. Compass CEO, Larry Phillips, said, “The conclusion of this season’s drilling at Farabakoura has returned some spectacular high-grade gold intercepts over an extensive area, as well as valuable new structural and geologic data that continues to excite our team. In addition to finding such strong gold values, this work has revealed new structures with significant potential that we will begin drilling in Q4 once the rainy season ends.” The diamond core results reported here supplement reverse circulation (RC) drilling carried out at the Creek Zone at Farabakoura during April and June 2019 (see press releases dated May 15 and July 29, 2019). The purpose of this latest seven-hole (995 m) diamond drilling program was to test the downdip continuity of an extensive mineralized zone (450 m in length) and provide critical information on the nature of the gold-bearing veins. The Creek Zone is part of a semi-continuous zone of gold mineralization that is present over a distance of 760 m, and displays apparent widths up to 60 m (grading 1.42 g/t Au, OURC011), and sporadic high-grade samples (e.g., OUDD001). Visible gold was previously reported in OUDD001, where three discrete mineralized intervals were identified within a wider 18 m interval containing 4 m @ 83.82 g/t Au (from 63 m); 4 m @ 7.04 g/t Au (from 69 m); and 3 m @ 4.18 g/t Au (from 78 m.) (see Compass release dated March 28, 2019). | |
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