TORONTO, May 31, 2018 -- Compass Gold Corp. is pleased to provide an update on the now completed shallow soil geochemical survey program over the Sankarani exploration permit on its Sikasso Property in Southern Mali. Location of the shallow soil samples reported in this release and the anomalous gold zones . The background geology is derived from recent geophysical and remote sensing studies. Highlights Four discrete gold [...]
TORONTO, May 28, 2018 -- Compass Gold Corp. is pleased to provide an update on the results of recent independent geophysical, remote sensing, and structural studies conducted on the five permits that comprise the Sikasso Property in Southern Mali. Figure. Location of the Sikasso Project permits in relation to gold deposits in southern Mali. Highlights A total of 56 discrete sub-surface exploration targets were identified [...]
TORONTO, May 16, 2018 -- Compass Gold Corp. is pleased to announce that its Warrant Holders have exercised approximately 2.3 million warrants from the November 2017 private placement , for gross proceeds to the Company of $830,000. These funds will be used to supplement the Company’s existing treasury for the ongoing exploration of its Sikasso gold properties located in the prolific greenstone belts of southern [...]
TORONTO, May 07, 2018 -- Compass Gold Corp. is pleased to provide an update on the previously announced ongoing deep soil auger geochemical survey program at the Ouassada exploration permit on its Sikasso Property in Southern Mali. Figure: Location of the anomalous gold zones in target area 1 as identified by deep soil auger geochemistry. The trend lines of the nine previously identified shallow soil zones are also [...]
TORONTO, April 03, 2018 -- Compass Gold Corp. is pleased to provide an update on the previously announced ongoing shallow soil geochemical survey program at the Ouassada exploration permit on its Sikasso Property in Southern Mali. Figure: Location of the anomalous gold zones as identified by shallow soil geochemistry. Four additional zones are identified in Target areas 1 and 2. Highlights Four additional parallel [...]
TORONTO, Feb. 28, 2018 -- Compass Gold Corp. is pleased to provide an update on the shallow soil geochemical survey program on the primary target within the Ouassada exploration permit on its Sikasso Property in Southern Mali . Figure 1: Compass’s Sikasso property is located near several large gold deposits Figure 2: Location of the anomalous gold zones as identified by shallow soil geochemistry. Surface nodular [...]
TORONTO, Jan. 15, 2018 -- Compass Gold Corp. is pleased to provide a one-month update on its previously announced gold exploration program on its Sikasso Properties in Southern Mali . Map of Southern Mali Gold Belts Dr. Madani Diallo, Compass’s Exploration Manager, and his team of four local geologists, initiated a new exploration program in early December 2017. They are examining the first priority anomaly target [...]
TORONTO, Jan. 12, 2018 -- Compass Gold Corp. announces that a total of 2,145,000 options to purchase common shares of the Company were granted to various directors and officers of the Company on December 31, 2017 at a price of $0.50 per share for a period of five years. These options were part of the options set aside as noted in the Company’s Notice and Information Circular for its Annual and Special General [...]
TORONTO, Dec. 18, 2017 -- Compass Gold Corp. is pleased to announce the formal appointment of three new members to the executive management team. As previously announced by the Company on November 29, 2017, Larry Phillips has been appointed President and Chief Executive Officer. At a meeting of the Board of Directors on December 12th, the Directors appointed Louis Nagy as the Company’s Chief Financial Officer and [...]
Compass Gold Corp. is pleased to announce the completion of the previously announced acquisition of all of the issued and outstanding shares of Mali Gold Exploration Pty Ltd , concurrent with a one-for-five share consolidation and non-brokered private placement of $6,000,000 . The Company's common shares will commence trading on the TSX Venture Exchange as a Tier 2 issuer under the symbol "CVB", on a post-consolidation [...]
Compass Gold Corp. announces the results of its annual and special meeting of shareholders held on November 16, 2017 in Vancouver, British Columbia. At the meeting, the shareholders of the Company approved of all the resolutions set out in the management information circular, including the: re-election of members of the Company's Board of directors; acquisition of all of the Shares in Mali Gold Exploration Pty Ltd [...]
Compass Gold Corp. is issuing this news release in response to the trading activity in the Company's shares. Trading in the Company's shares resumed today after being halted in connection with the Company's proposed reactivation transaction, which includes the acquisition of Mali Gold Exploration Pty Ltd, a 5:1 share consolidation and a concurrent financing. The transaction is described in the Company's news release of [...]