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Compass Gold Corp.

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Summary

Project:

Sikasso

Deposit:Tarabala, Sodala
Location:Mali
Commodities:Gold
Date:5/7/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:7-5-2020: Compass Gold Corp. announces an Exploration/Drilling Update report for its Tarabala, Sodala deposit at the Sikasso project. Drilling results incl. 1m @ 29.98ppm Au from 1m. Compass CEO, Larry Phillips, said, “This initial bedrock drilling on our
Resources:x
CP/QP:[Overall Report]: Sandy M. Archibald (Internal)
ABSTRACT:Compass CEO, Larry Phillips, said, “This initial bedrock drilling on our Sankarani permit has identified wide intercepts of gold mineralization associated with quartz veins adjacent to the Tarabala fault. There are numerous indications of mineralization along this fault within our permit area over a distance of 10 km, which is only part of a 60-km long series of artisanal workings on the Tarabala fault outside the permit.” “We are encouraged by the drilling results that show clear geological and geophysical evidence of impressive gold in shallow soil samples associated with large faults on both the Sankarani and Sankarani East permits. Additional exploration, including drilling, is required to determine the extent of mineralization over the 600 m length of the Tarabala artisanal workings, as well as to the north, over the 3.5 km zone of soil anomalism along the Tarabala fault.” Compass Exploration Manager, Dr. Madani Diallo, added, “Our latest findings undoubtedly call for follow-up work on what is only a 1.5-km portion of this promising 10-km trend. We will initiate this next round of drilling shortly, and expect to finish by late June.”

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