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Project: | Sikasso | |
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Deposit: | Ouassada | |
Location: | Mali | |
Commodities: | Gold | |
Date: | 1/10/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 10-1-2019: Compass Gold Corp. announces an Exploration/Drilling Update report for its Ouassada deposit at the Sikasso project. Drilling results incl. 44m @ 0.80g/t Au from 59m. Toronto, Ontario, January 10, 2019 – Compass Gold Corp. (TSX-V: CVB) (Compass | |
Resources: | x | |
CP/QP: | [Overall Report]: Dr. Sandy Archibald (Internal) | |
ABSTRACT: | Toronto, Ontario, January 10, 2019 – Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the first-ever bedrock drilling on the Ouassada exploration permit on its Sikasso Property in Southern Mali. Compass CEO, Larry Phillips, commented, “We are pleased with the results from our initial bedrock drilling program on the Ouassada permit, not only because all RC drill holes intersected gold mineralization in bedrock but also because we have identified two, wide mineralized gold zones in holes OURC004 and OURC005. Without doubt, this provides us with confidence that we are on the right exploration track. We are already funded and preparing for the next phase of work at Ouassada in the coming weeks and months, including additional ground geophysics and bedrock drilling.” Technical Director, Dr. Sandy Archibald, PGeo, added, “The drilling results are highly encouraging since they have given us extremely valuable information on the geology, structure and, most importantly, the style of gold mineralization at Ouassada. We will apply this knowledge to the remaining nine exploration targets on the permit, and additional targets identified on the adjacent Sankarani permit. Meanwhile, we are laying out a 500-m diamond drilling program at our Farabakoura and Kabangoué targets on Ouassada to generate additional geological information on the mineralization in aid of our continued examination of the numerous targets that we have identified thus far.” | |
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