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Compass Gold Corp.
Summary
| Project: | Sikasso | |
|---|---|---|
| Deposit: | Samagouela | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 5/14/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-5-2020: Compass Gold Corp. announces an Exploration/Drilling Update report for its Samagouela deposit at the Sikasso project. Drilling results incl. 10m @ 1.67g/t Au from 50m. TORONTO, May 14, 2020 -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Com | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Sandy M. Archibald (Internal) | |
| ABSTRACT: | TORONTO, May 14, 2020 -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the recently completed drilling at the Samagouela prospect, located on the Company’s Sikasso Property in Southern Mali. Compass CEO, Larry Phillips, said, “Our initial bedrock drilling at Samagouela has identified gold mineralization associated with quartz veins adjacent to a large fault, and underlying extensive artisanal workings. Artisanal miners there have reported that they have used mechanical excavators to recover ‘significant’ amounts of gold. Our drilling along the same fault also intercepted gold mineralization 1.4 km to the south of the workings. The presence of anomalism up to 4.03 g/t gold in shallow soils samples is also highly encouraging for more bedrock gold mineralization.” “These results are further confirmation that our permit areas have the potential to host several large, near surface, mineralized zones, which was our core objective for this year’s exploration program. Based on these promising findings, we plan an additional 950 m of AC drilling at Samagouela next month, starting right after we finish the second round at our Tarabala prospect.” | |
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