TSX-V: CVB—OTC: COGDF—
Investors · TSX-V: CVB · OTC: COGDF

A differentiated opportunity in the junior gold sector.

Nine years of disciplined exploration in southern Mali, now advancing toward potential production at Massala — with district-scale upside preserved.

The Investment Thesis

Why invest in Compass Gold.

After nine years of disciplined exploration across its district-scale land package in southern Mali, Compass Gold is advancing toward potential gold production while preserving long-term exploration upside.

01

A disciplined pathway toward production

Compass has identified a practical pathway toward potential gold production through the Massala Small Mine Project, alongside its ongoing exploration work. Years of drilling, metallurgical testing, bulk sampling, environmental studies and engineering have positioned the Company to pursue a lower-capital development strategy while continuing to advance exploration across the broader district.

02

An exceptional leadership team

Compass has assembled a strong leadership team whose experience spans every stage of the mining business—from discovery and exploration through mine development, operations, corporate finance and capital markets. Its directors, officers, advisors and technical leaders have collectively discovered, financed, developed, operated and governed gold mining companies around the world, including helping to build one of Mali's leading gold producers. This depth of experience provides strategic leadership across every stage of the Company's development.

03

A district-scale opportunity

Compass’s Sikasso Property consists of ten exploration permits covering 800 sq. km in the Birimian greenstone belts of the West African Craton. The permits are held by four Malian subsidiaries that are 100% owned by Compass Gold Corporation. Massala is the immediate priority, with initial exploration work focused on a 340 m segment of the 14 km Tarabala mineralized fault zone. Additional targets along the Tarabala and Moribala trends give Compass room to pursue discoveries across the broader land package.

04

A simple, scalable development strategy

The proposed Massala Small Mine Project is based on near-surface oxide mineralization using a straightforward gravity recovery process. Management believes this approach has the potential to reduce technical complexity, lower initial capital requirements and establish a practical pathway toward commercial production.

05

Strong alignment with shareholders

Compass maintains a tightly held share register supported by meaningful insider ownership and long-term shareholders. Directors, management and significant shareholders have substantial alignment with the Company's long-term success, reflecting confidence in the strategy being executed.

In closing

Compass Gold is executing a disciplined strategy designed to convert years of successful exploration into a scalable development opportunity while preserving the long-term value of its district-scale exploration portfolio.

Stock Information

Share price & cap table.

Compass Gold trades on the TSX Venture Exchange and the OTC Markets. Live pricing and interactive charts for both listings are shown below.

Compass Gold TSX-V: CVB
Market data provided by TradingView. Quotes may be delayed. Nothing on this page constitutes an offer to sell or a solicitation of an offer to buy any security.
Capital Structure
Share Price (TSX-V: CVB)Quote pending
52-Week Low/HighQuote pending
Basic Shares Outstanding154.2 M
Options8.3 M
Warrants39.0 M
Shares Outstanding (Fully Diluted)201.5 M
Market Capitalization (basic)Quote pending
Share price and 52-week range are delayed quotes for TSX-V: CVB (Yahoo Finance). Market capitalization is calculated as the delayed share price multiplied by basic shares outstanding. Share counts per the Corporate Presentation, June 2026.
Shareholder Ownership

Tightly held shareholder ownership, with the top 25 shareholders owning approximately 55%.

  • Individual Shareholders69%
  • Institutions14%
  • Directors & Officers13%
  • Endeavour4%
Ownership breakdown per the Corporate Presentation, June 2026.
President's Letters

From the desk of the President.

Larry Phillips writes directly to shareholders on the company's strategy and material developments. Read his latest letters below.

Larry Phillips, President & CEO
Larry Phillips · President & Chief Executive Officer

Recent letters, one continuous thread: discipline.

Each letter documents where the Company stands, what has been completed, and what comes next as it advances the Massala Small Mine Project.

Quarterly Filings & AGM

Filings & meetings.

Continuous disclosure is filed on SEDAR+. Annual and Special Meeting materials are posted here as they are filed.

Financial Statements
Fiscal Year20262 reports
Fiscal Year20251 report
Full continuous disclosure on SEDAR+
Annual & Special Meeting

The 2026 Annual and Special Meeting of shareholders was held on June 25, 2026, at 9:00 a.m. (Toronto time) at the offices of Wildeboer Dellelce LLP, Suite 800, Wildeboer Dellelce Place, 365 Bay Street, Toronto, Ontario M5H 2V1. Download the meeting materials below.

Investor Questions

Questions we hear most.

The following answers address frequently asked questions about Compass Gold Corporation, its strategy, its properties and the Massala Small Mine Project. Investors should also review the Company's news releases, corporate presentation, technical reports and continuous disclosure filings available on SEDAR+.

Still have questions?

Investor Relations can assist with shareholder inquiries and requests for publicly available corporate information.

Contact Investor Relations
Where does Compass Gold trade?

Compass Gold Corporation trades on the TSX Venture Exchange under the symbol CVB and on the OTC Markets under the symbol COGDF.

What is Compass Gold's strategy?

Compass is advancing the Massala Small Mine Project as a potential pathway toward gold production while continuing to evaluate additional small mine project locations and the longer-term exploration potential of its broader property portfolio in southern Mali.

The Company's current priority is to advance the technical, engineering and development work required to position Massala for development when the required Small Mine Permit is granted.

Where are Compass Gold's properties located?

Compass Gold's Sikasso Property in southern Mali consists of ten exploration permits covering 800 square kilometres. The permits are held by four Malian subsidiaries that are 100% owned by Compass Gold Corporation.

The properties are located within Birimian greenstone belts (2.23 to 2.06 billion years ago) of the West African Craton, a geological setting that hosts numerous gold deposits and mining operations throughout West Africa.

What is the Massala Small Mine Project?

Massala is the Company's current development focus.

Compass has received the Environmental Permit required for the proposed project and has applied for a Small Mine Permit under Mali's 2023 Mining Code. The Company is awaiting a decision on that application.

When granted, the Small Mine Permit will provide the regulatory framework under which Compass can advance a small-scale commercial mining operation at Massala, subject to completion of the additional technical, engineering, financing and development work required to proceed to production.

Why is Compass pursuing a Small Mine strategy?

Mali's 2023 Mining Code provides a regulatory framework for small-scale commercial mining operations subject to defined operating parameters.

Compass believes the Small Mine framework provides a potential means of advancing Massala toward production with a smaller initial development footprint than would typically be associated with a conventional large-scale mining operation.

The Company also views a potential Massala operation as an initial development opportunity within a much larger mineralized system that remains subject to additional exploration and technical evaluation.

How does Compass propose to recover gold at Massala?

The Company is evaluating a gravity-based processing flowsheet for the proposed initial operation.

Engineering and metallurgical work is continuing, and the final plant configuration, capital requirements, operating parameters and recovery assumptions will depend on the results of that work and the development approach ultimately selected by the Company.

Does Compass have an NI 43-101 mineral resource estimate for Massala?

No.

Compass has not declared a mineral resource estimate for Massala. The Company's current NI 43-101 technical report describes the geology, exploration history and technical work completed on its Sikasso properties but does not contain a mineral resource estimate.

Any project economics or development scenarios discussed by the Company are based on internal project evaluation and are not supported by a feasibility study as defined under NI 43-101. Investors should therefore not interpret the Company's development planning as establishing mineral reserves, mineral resources or the economic viability of a mining operation.

Who is Compass Gold's Qualified Person?

Dr. Sandy Archibald, P.Geo., Technical Director of Compass Gold, is the Qualified Person responsible for the Company's scientific and technical disclosure in accordance with National Instrument 43-101.

What interest would the Government of Mali hold in a Small Mine operation?

Under Mali's 2023 Mining Code, the government equity participation requirements applicable to large-scale mining operations do not apply in the same manner to Small Mine Permits.

A Small Mine operation remains subject to the applicable royalties, taxes, regulatory requirements and other obligations imposed under Malian law.

What is the status of the Massala Small Mine Permit application?

Compass has submitted its application for a Small Mine Permit and is awaiting a decision from the Government of Mali.

While the permitting process has taken longer than originally anticipated, the Company has continued to advance work within its control, including metallurgical testing, environmental permitting, engineering evaluation, plant design, contractor engagement and development planning.

The Company has already received the Environmental Permit required for the proposed Massala Small Mine Project.

What work can Compass complete while it awaits the Small Mine Permit?

The Company can continue to advance a number of development-readiness activities before a permitting decision is received.

These include engineering, processing and plant design evaluation, procurement planning, contractor engagement, metallurgical work, geological modelling and other technical and commercial work intended to position the Company to advance efficiently when the Small Mine Permit is granted.

Certain major decisions - including final capital commitments, plant construction and the commencement of mining operations - cannot be made until the necessary regulatory approvals are in place.

How does Massala fit within Compass Gold's longer-term strategy?

Compass views the proposed Small Mine operation as a potential first stage in the development of its broader property portfolio rather than as the limit of the Company's ambitions for the district.

The Company continues to evaluate the Massala, Tarabala and Moribala areas and believes additional exploration and technical work may identify further development opportunities over time.

Any expansion beyond an initial Small Mine operation would depend on additional drilling, technical studies, permitting and economic evaluation.

How can shareholders stay informed?

Shareholders and prospective investors can subscribe to our mailing list to receive news releases, President's Letters, investor presentations and other corporate updates as they are published.

Investors are also encouraged to review the Company's public disclosure filings on SEDAR+.

Who can I contact with investor questions?

Compass Gold's Investor Relations team can assist with shareholder inquiries and requests for publicly available corporate information and can be reached at info@compassgoldcorp.com.