Announcement Date: 2022-08-29
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Compass Gold Corp.
Project name: Sikasso
Location: Mali
Commodities: Gold
Highlight: Drilling results incl. 7m @ 2.85g/t Au from 70m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario, August 29, 2021 – Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the recently completed deep bedrock drilling on four prospects on the new Moribala permit, located on the Company’s Sikasso Property in Southern Mali (Figure 1). Ten reverse circulation (RC) holes (833 m) were drilled in late June on four prospects (Dafaraba, Ngolokouna, Million-ki, and Dakoun) on the Moribala permit (Figure 1). These areas had been previously drilled by air core (AC) drilling, and two prospects (Dafaraba and Dakoun) had encountered encouraging results. The Ngolokouna and Million-ki prospects did not identify gold mineralization in the AC program. However, the abundance of active artisanal mining operations and a clear correlation with ground geophysics and remote sensing studies suggested that the shallow AC drilling might have drilled through areas that had been mined out. It was therefore decided that a single deep RC hole should be drilled on each prospect in an area of artisanal workings
Read More

Pricing Plans

We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.

Standard

$ 10
Per Month

Stay up to date with the global mining industry.

  • The Opaxe Review
  • Search using Explore
  • 37,000 company announcements

Premium

$ 100
Per Month

Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders

  • All Essential plan features; plus
  • Announcement Alerts and Notifications
  • Drilling result comparisons
  • Downloadable intercept data
  • Resources and reserves data