GEOPHYSICAL SURVEY AND INFILLED AUGER DRILLING INITIATED ON MALIAN PERMITS

Toronto, Ontario, June 25, 2018 – Compass Gold Corp. (TSX-V:CVB) (Compass or the Company) is pleased to provide an update on exploration programs on the their Ouassada and Sankarani exploration permits in Southern Mali.
Highlights
● Fieldwork on five induced polarization (IP) survey lines, totaling 18 kilometers, has started to cover the deep auger soil sampling anomalies previously identified on the Ouassada permit
● A deep auger soil sampling program has been initiated over the Sodala shallow soil anomaly (2 km x 5 km) on the Sankarani permit
● 7,521 shallow soil samples from priority areas at Kalé, Kourou, Tiélouléna, and infill areas at Sankarani are at the assay laboratory
● Deep drilling targeting studies are ongoing, which will be finalized when the IP and auger drilling programs are completed in July

Compass CEO, Larry Phillips, commented, “We are pushing to complete our exploration work on our Sikasso property area prior to the rainy season. The deep soil auger drilling program at Sodala will aid our understanding of this exciting new gold target and provide valuable information about the extent of the near surface mineralization. We will use the information gathered from this near surface work as well as the current IP survey on Ouassada to help refine our initial bedrock targets, which we plan to begin drilling in October. The drilling will help determine the nature, grade and extent of the gold mineralization in the bedrock.

We are also eagerly anticipating the results from our shallow soil sample programs from Kalé, Kourou and Tiélouléna, as these relatively underexplored permits contain numerous geophysical and structural targets identified from recent studies.”

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SOIL GEOCHEMICAL SURVEY IDENTIFIES INTENSE GOLD ANOMALIES COINCIDENT WITH CRUSTAL-SCALE FAULTS ON SANKARANI PERMIT

Toronto, Ontario, May 31, 2018 – Compass Gold Corp. (TSX-V:CVB) (Compass or the Company) is pleased to provide an update on the now completed shallow soil geochemical survey program over the Sankarani exploration permit on its Sikasso Property in Southern Mali.

Highlights

  • Four discrete gold anomalies were identified along strike lengths up to 3 km and widths up to 1 km
  • Highest soil sample contained 31.30 parts per million (ppm) or 31.3 grams per tonne (g/t) gold (Au) over previously undocumented artisanal workings north of Sodala.
  • Five additional soil samples contained more than 1 g/t Au, these included 15.30, 10.10, 2.49, 1.24, and 1.15 g/t
  • A total of 1,715 shallow soil samples were collected on the Sankarani permit, where the average gold background for shallow soil samples was 8 parts per billion (ppb).
  • Mineralization is coincident with deep linear structures, interpreted as faults, from the recently completed remote sensing study

Compass CEO, Larry Phillips, commented, “This is the first time that the whole of the Sankarani permit has been covered by a shallow soil sampling program, and although we expected elevated gold concentrations, these assay results are quite remarkable.  What makes them even more exciting is the fact that all four of the main anomalous zones correspond to deeper targets identified by our recently completed remote sensing study. This certainly augurs well for the previously identified targets on our other Sikasso permits.”

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