Compass Gold Corp.

Funds to be Used for First Phase of Tarabala Project Small Gold Mine Compass Gold Corp. is pleased to announce that it intends to issue, on a non-brokered private placement basis, 600 convertible debenture units of the Company , at a price of $1,000 per Debenture Unit, for aggregate gross proceeds of $600,000 . The Offering is fully subscribed and is expected to close on or about June 30, 2023 . The proceeds of the [...]

Investigating Potential to Commence Small Oxide Mining Operations Compass Gold Corp. is pleased to provide an update on additional assay data on recently completed deep reverse circulation drilling, and surface channel and grab sampling at the Tarabala prospect, located on the Company's Sikasso Property in Southern Mali . Highlights Coarse-grained "nuggety" gold is confirmed at Tarabala, and likely present at other [...]

Drilling Targeting Deeper Mineralization Compass Gold Corp. is pleased to provide an update on the recently completed deep reverse circulation drilling at the Tarabala prospect, located on the Company's Sikasso Property in Southern Mali . Highlights Drilling at the Tarabala prospect to test 450 m of a 1,000 m zone intercepted higher-grade mineralized areas within wide zones of low-grade mineralization Best interval: 13 m [...]

Drilling Targeting Deeper Mineralization Compass Gold Corp. reports that it has launched its previously announced follow-up drilling program on the Tarabala Trend, which consists of reverse circulation drilling at the Tarabala artisanal workings on its Sikasso Property in Southern Mali . Highlights An 800-m reverse circulation drilling program has begun on the Tarabala prospect The drilling is focused on tracing the [...]

Compass Gold Corp. announced today that it has completed its previously announced private placement financing and is preparing to launch a follow-up drilling program to test previously identified mineralized sections at depth along the Tarabala Trend on its Sikasso Property in Southern Mali . Highlights Closed previously announced private placement financing for gross proceeds of $700,000 Field teams to be mobilized to [...]

Compass Gold Corp. is pleased to report that the retesting of drilling intervals from eight drill holes has returned significantly higher gold grades compared to previous fire assay testing from the Tarabala and Massala prospects, located on the Company's Sikasso Property in southern Mali . Highlights Metallic screen assay testing of historic samples confirmed the presence of coarse-grained gold mineralization [...]

Compass Gold Corp. is pleased to announce that it intends to issue, on a non-brokered private placement basis, approximately 14.3 million common shares of the Company , at a price of $0.07 per share, for aggregate gross proceeds of $1.0 million . Based on market conditions, the Offering may be increased by approximately 7.17 million Common Shares, for additional gross proceeds of up to $0.5 million, and resulting in [...]

Compass Gold Corp. is pleased to provide an update on the recently completed resampling and assaying at the Massala West prospect on the Sankarani permit, located on the Company's Sikasso Property in southern Mali . Highlights: Resampling of earlier RC holes within the Massala West mineralized zone indicated that mineralization was actually higher grade and wider than previously reported Widest intercept change: 28 m [...]

Compass Gold Corp. 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 . Highlights: Initial deep drilling on four prospects on the Moribala permit confirmed the presence of deeper gold mineralization at two of the prospects associated with the Moribala fault at Dakoun Best intercept: 7 m [...]

Compass Gold Corp. is pleased to announce that it intends to issue, on a non-brokered private placement basis, up to 20,000,000 units of the Company , at a price of $0.15 per Unit, for aggregate gross proceeds of up to $3.0 million . Each Unit will consist of one common share of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof to purchase one additional Common Share at a [...]