Compass Gold Corp. announces that it has added a new diamond drill program at the Farabakoura artisanal workings on the Ouassada exploration permit on its Sikasso Property in Southern Mali. Highlights Completed the first of seven diamond drill holes, totalling 1,000 m at the Creek Zone, Farabakoura Diamond holes are to test extensive and high-grade gold mineralization at depth and rock types previously identified during [...]
Compass Gold Corp. is pleased to announce that it will host a conference call at noon on Tuesday, June 25th, to provide a review of the Company’s recent activities, as well as its plans for further exploration at the Ouassada exploration permit on its Sikasso Property in Southern Mali. Prior to the call, investors are invited to review the Company’s latest news releases as well as its Investor Presentation [...]
Compass Gold Corp. announces that it has started its follow-up drill program at the Farabakoura artisanal workings on the Ouassada exploration permit on its Sikasso Property in Southern Mali. Highlights Initiated first of at least 20 reverse-circulation drill holes, totalling 3,000 m at Farabakoura Testing several structures based on known gold mineralization, favourable geology and geophysical interpretation of ground [...]
Compass Gold Corp. announced today that the Board of Directors has approved the issuance of 775,000 options to officers, employees and consultants of the Company. Each option is exercisable into one common share of the Company at an exercise price of $0.30 per Common Share and having a term of five years. The total number of outstanding options under the Company’s plan, including the grant above, is now 2,800,000 [...]
Compass Gold Corp. is pleased to provide an update on the recently completed exploration drilling at the Farabakoura artisanal workings on the Ouassada permit, Sikasso Property in Southern Mali. Highlights Completed 13 reverse circulation drill holes at Farabakoura artisanal workings, totalling 1,928 m Intercepted gold mineralization in three holes, increasing the known strike length of the mineralized system to 500 m [...]
Compass Gold Corp. is pleased to provide an update on the results of their ongoing exploration activity on their Yanfolila North and Yanfolila South blocks, comprising parts of the Sikasso Property in Southern Mali. Highlights Completed 13 reverse circulation drill holes at Farabakoura artisanal workings, totalling 1,928 m Completed a detailed 3-sq.-km ground magnetic survey over the Kabangoué workings Ongoing 60 [...]
Not for distribution to United States newswire services or for dissemination in the United States Compass Gold Corp. announced today that has issued, on a non-brokered private placement basis, a total of 9,094,335 common shares of the Company, at a price of $0.30 per share, for aggregate gross proceeds of $2,728,300, pursuant to the closing of the previously announced private placement . In connection with the closing of [...]
Not for distribution to United States newswire services or for dissemination in the United States Compass Gold Corp. announced today that it intends to increase the size of its previously announced non-brokered private placement from up to 6,700,000 common shares to up to 9,000,000 common shares of the Company, at a price of $0.30 per share, for aggregate gross proceeds of up to $2.7 million . This increase from the [...]
Compass Gold Corp. announced today that it intends to issue, on a non-brokered private placement basis, up to 6,700,000 common shares of the Company, at a price of $0.30 per share, for aggregate gross proceeds of up to $2.0 million The proceeds of the Offering will be used to further advance the Company’s ongoing exploration efforts at its Sikasso Property in Southern Mali, as well as for general corporate [...]
Compass Gold Corp. is pleased to announce that it will host a conference call to provide a review of the Company’s recent activities, as well as its plans for further exploration at the Ouassada exploration permit on its Sikasso Property in Southern Mali. Prior to the call, investors are invited to review the Company’s latest news releases as well as its Investor Presentation . Compass CEO, Larry Phillips [...]
Compass Gold Corp. is pleased to provide an update on the results of the one diamond drill hole completed on extensive artisanal workings at the Ouassada exploration permit on its Sikasso Property in Southern Mali. Figure 1. Location of OUDD001 in relation to the adjacent drill holes at Farabakoura. Figure 2. Results of the filter-enhanced high-resolution ground magnetic survey with target structures superimposed at [...]
Compass Gold Corp. is pleased to provide an update on the results of detailed ground geophysics performed on the Ouassada exploration permit on its Sikasso Property in Southern Mali. Results of the filter-enhanced high-resolution ground magnetic survey with target structures superimposed at Farabakoura. The locations of the IP lines are also identified. Highlights 1,600 m long target structure has been identified by [...]