President’s Letter to Shareholders

This is a very exciting time for Compass Gold as we are on the verge of commencing the first ever bedrock drilling on four of the 14 bedrock drilling targets identified during Phase 1 of our 2018 Exploration Campaign in Southern Mali. We have waited patiently for an exceptionally heavy rainy season to come to an end. (Here is a link to a recent drone video tour of the site, which shows the residual rain water. https://youtu.be/PIl_zykX0G4)

Our team is currently in the field, preparing the drill pads and double-checking the exact locations where the first drill holes will each penetrate up to roughly 100 metres into the bedrock layer below. Each of the first four targets will be examined with 10-15 drill holes for a total cost of roughly $1 million.

Presidents Letter to Shareholders