NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, Aug. 23, 2012 /CNW/ - Compass Gold Corporation (TSXV: CVB), which is focused on gold exploration in Mali, today announced the completion of the equity private placement previously disclosed on July 20, 2012. The offering raised gross proceeds of C$1,710,121.44 through the issue of 28,502,024 units at a price of C$0.06 [...]
VANCOUVER, July 20, 2012 /CNW/ - Compass Gold Corporation (TSXV: CVB), which is focused on gold exploration on four properties in Mali, Africa's third largest gold producer, today announced its intention to carry out a private placement of up to 41,666,666 units at a price of C$0.06 per unit for gross proceeds to the company of up to C$2,500,000 (the offering).Each unit of the offering will consist of one common share and [...]
Fire assay results for an additional five deep-inclined diamond-drill holes over an initial 350m strike length, show gold mineralization in three holes, including: SD52: 15.65m@ 2.01 g/t between 0.00m and 15.65m SD57: 26.50m @ 3.59 g/t between 5.40m and 31.90m, including 18.00m@ 5.16 g/t between 13.90m and 31.90mResults continue to support existence of strong [...]
Compass Gold, which is focused on gold exploration on four properties in Mali, Africa's third largest gold producer, today announced additional gold assay results from its 3,000m diamond-drill exploration program at the Solona target, Yanfolila permit in Southern Mali. As previously announced, in March 2012, Compass commenced a 3,000m diamond-drill program with the objective to test mineralization from surface to a [...]
Compass Gold today announced gold assay results from its 3,000m diamond-drill exploration program at the Solona target, Yanfolila permit in Southern Mali. In March 2012, Compass commenced a 3,000m diamond drill program (comprising an initial 20 inclined holes (60 degree) to 150m depth along 50m to 100m spaced fences). This program is nearing completion, with 24 holes (or 2,827m) drilled. The objective of the program is to [...]
Compass Gold today announced the grant of stock options to recently appointed non-executive director Larry Phillips to purchase up to 300,000 common shares. Each option is exercisable to acquire one common share of Compass at a price of $0.12 per common share until May 14, 2017, in accordance with the terms of Compass' stock option plan.
Compass Gold, which is focused on gold exploration on four properties in Mali, Africa's third largest gold producer, today announced the appointment of Larry Phillips to the company's Board of Directors. "It isn't every day that an emerging gold exploration company is able to attract to its Board of Directors an individual of the calibre and valuable expertise in international business and capital markets that Larry [...]
Compass Gold, which is focused on gold exploration on four properties in Mali, Africa's third largest gold producer, today announced that it has retained Wertheim + Company to assist the company in developing and carrying out an active investor and corporate public relations program. "Compass Gold has been making encouraging progress in our exploration programs on our properties in Mali," said James Henderson, Chairman [...]
Compass Gold is pleased to provide the following update regarding its activities. Highlights: Yanfolila Project: Diamond core drilling program is ongoing at the Solona target with 13 inclined holes completed to date. Initial results due by June 2012.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/14/12 -- Compass Gold Corporation (TSX VENTURE: CVB) ('Compass' or the 'Corporation') is pleased to announce gold assay results from drilling at the Solona target, Yanfolila permit and the Bembala target, Dandoko permit. These results demonstrate the presence of near surface gold in the weathered-oxidised zone (saprolite) and give encouragement for the presence of
Compass Gold is pleased to provide the following update regarding its exploration activities. 9 shallow vertical holes have been drilled in order to complete the 30 hole diamond drilling program initiated in May 2011. Assay results for these holes did not return any significant gold mineralization. However, initial assay results from the first 23 holes indicated a broad zone of gold mineralization at the Solona target [...]
Compass Gold announces that, following the rainy season in Mali, field-work has re-commenced on the four exploration gold research licenses in which it holds a 100% interest through its wholly-owned subsidiary, Africa Mining SARL. Scout diamond drilling has recommenced at the Solona Main prospect, the most advanced prospect on the Yanfolila permit. Based on previous exploration by Africa Mining, gold mineralization [...]