Announcement Date: 2021-12-06
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Compass Gold Corp.
Project name: Sikasso
Location: Mali
Commodities: Gold
Highlight: Drilling results incl. 17m @ 0.96g/t Au from 101m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario, December 6, 2021 – Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the recently completed diamond drilling at the Tarabala prospect, located on the Company’s Sikasso Property in Southern Mali (Figure 1). A 73-hole (1,032 m) auger drilling program has just been completed at the new, 33.65-square km Moribala permit. The holes were drilled to a nominal depth of 15 m, and centred on three zones 2 of artisanal workings and elevated shallow soil gold geochemical anomalism on faults associated with Tarabala shear zone. If the results of this auger drilling program are encouraging, the technical team plans to initiate Gradient Induced Polarization (IP) geophysical surveys over these same areas to help define deeper drilling targets. The target zones all have strike lengths of approximately 1 km. Results are expected in mid-December. Auger drilling has recently begun at Ourou Ourou (Figure 3) on the Kourou Trend.
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