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Compass Gold Corp.
Summary
| Project: | Sikasso | |
|---|---|---|
| Deposit: | Samagouela | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 6/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-6-2020: Compass Gold Corp. announces an Exploration/Drilling Update report for its Samagouela deposit at the Sikasso project. Drilling results incl. 9m @ 5.79g/t Au from 45m. Compass CEO, Larry Phillips, said, “Our technical team has found evidence of | |
| Resources: | x | |
| CP/QP: | [Overall Report] Sandy M. Archibald (Internal) | |
| ABSTRACT: | Compass CEO, Larry Phillips, said, “Our technical team has found evidence of a large and very encouraging gold target running for at least two-kilometres through our Kourou permit. It is near surface, wide and contains the kind of grades we have been targeting. This latest drilling has intersected high-grade gold veins beneath, and along strike from, the pit where artisanal miners have recovered gold and we have discovered a new mineralized structure where the mineralization clearly follows a traceable feature in the geophysical data. Geophysical evidence also suggests the Samagouela shear zone could extend to the Ourourou prospect, a distance of 8 km. He added, “We are aggressively executing discreet drill programs targeting three large prospective areas of our Sikasso property – Tarabala, Samagouela and Sodala – testing for the presence of structures with the potential to discover significant traceable gold mineralization. Following on the success we reported last week from Tarabala, our technical team is even more encouraged by these latest results from Samagouela. We expect to be able to release the drill results from Sodala before the end of June. Overall, we have achieved our key objectives through our 2020 exploration campaign. We will use these results in planning our next drill program focused on these three exciting prospects as we drive towards our goal of defining areas with large, near surface gold mineralization.” | |
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