Compass Gold: Investor Conference Call & Review

Toronto, Ontario, August 17, 2020 – Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to announce that it will host a webinar and conference call at 11:30 a.m. E.T. on Tuesday, August 18th, to provide a review of the Company’s recent activities, as well as its plans for continuing exploration on its Sikasso Property in southern Mali.

Before the webinar, investors are invited to review the Company’s latest news releases (http://compassgoldcorp.com/category/news/) and investor presentation (http://compassgoldcorp.com/investor-presentation/).

Compass CEO, Larry Phillips, said, “Our field team in Mali has accomplished a great deal over the past year before the rainy season began, having collected a large amount of invaluable geological and geophysical data that continues to reveal the exceptional potential of our Sikasso Property. Based on our analysis of these results, we are anxious to begin an aggressive and sharply focused new round of drilling once ground conditions permit. We want to take this opportunity to provide investors with an exploration update, and once again, we will have our Director and Exploration Manager, Dr. Madani Diallo, and our Technical Director, Dr. Sandy Archibald, P.Geo, joining the rest of our management team on this webinar. We hope that you will either join us on this webinar or go to our website afterward to review the replay.”

The webinar is scheduled for Tuesday, August 18th , at 11:30 a.m. Eastern Time (US and Canada), and is to be recorded and available for later playback. Replay details will be available on Compass’s website following the call.

Please register in advance for this meeting:

https://zoom.us/meeting/register/tJwpc-2srzItHtX6HmuxxwQioGwbHdCE0KEm

After registering, you will receive a confirmation email containing information about joining the meeting.

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Compass Identifies Two New 1-Km Targets with Bedrock Gold Mineralization on the Farabakoura Trend

Aggressive New Drill Program to Commence Following Rainy Season

Toronto, Ontario, August 13, 2020 – Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the recently completed fieldwork at the Dialéké prospect on the Company’s Sikasso Property in southern Mali (Figure 1).

Highlights

  • Exploration work at Dialéké identifies two discrete >1-km-long zones of coincident gold-in-shallow-soil anomalism associated with the Siekeroli shear zone
  • Pronounced gold in soil anomaly present adjacent to Dialéké workings
  • Gold-bearing quartz veins recovered from shallow artisanal workings
  • Drilling at Dialéké will start when ground conditions permit

Compass CEO, Larry Phillips, said, “These latest results from our Dialéké prospect have added two clear new targets to our already robust pipeline of highly prospective gold targets at Tarabala, Samagouela and Sodala.. Our objective for the coming year is to confirm a gold resource at one or more of these targets contained on our Sikasso Property.”

He added, “Our technical team recently completed a review of all of our exploration results and has outlined an aggressive and cost-effective exploration program for the coming field season once ground conditions permit.  The first stage of this exploration program will include a fully-funded 3,000 m drill program on our Samagouela and Tarabala prospects, where we had considerable success earlier this year. We are anxious to resume this next phase of field work as soon as the rainy season ends.”

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