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.”

Click here for full release

Leave a Reply

Your email address will not be published. Required fields are marked *