Compass Provides Update on Drilling at Sikasso Property in Southern Mali

Compass Issues Stock Options

Toronto, Ontario, December 17, 2019 – Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the latest round of exploration drilling on the Ouassada and Faraba-Coura permits, Sikasso Property in Southern Mali.

Highlights

  • First 16 holes completed for 2,404 metres examining three target structures
  • Samples from 16 holes sent for assaying – results pending
  • Drill program continuing

Compass CEO, Larry Phillips, said, “We are very pleased that we have been able to start  drilling after the rainy season a few weeks earlier than last year. We are on track to achieving our immediate goals of completing two full fences of drill holes and getting the samples into the lab before Christmas. Our objective is to complete 13,000 metres of RC drilling by the end of April next year. We will be announcing the results of this initial drilling in tranches as we continue, beginning early in the New Year.”

Dr. Madani Diallo, Compass’s Exploration Manager, added, “It is exciting to be able to return to drilling some of the numerous targets we have identified over the past two years. Our team is off to a good start with the drilling and the Capital Drilling team has maintained a healthy pace of one hole per day, demonstrating the importance of having an experienced team with quality equipment. We also welcome SEMAFO’s technical team, which has provided useful input in the positioning of the first drill lines.”

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