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    Exploration Update  165  0 Kommentare Initial Drilling Completed at Tarabala; Ongoing at Samagouela Artisanal Workings

    TORONTO, April 16, 2020 (GLOBE NEWSWIRE) -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the latest exploration work at the Tarabala and Samagouela prospecting areas on the Company’s Sikasso Property in Southern Mali (Figure 1).

    Highlights

    • Exploration program expands into new target areas
    • Drilling complete on three fences over at the Tarabala artisanal workings (26 AC holes, 1,465 m) on the Sankarani permit
    • Drilling ongoing on three fences at the Samagouela artisanal workings (26 AC holes planned) on the Kourou permit
    • Infill shallow soil sampling extends Samagouela target to over 1.7 km
    • COVID-19 protocols are being implemented in Mali following government advice

    Compass CEO, Larry Phillips, said, “Our latest exploration program, which we initiated following the end of the rainy season in December,  is focusing on gathering geological and structural data to help us to understand the multiple large targets on several parts of our permits. This includes our ongoing assessment of the Farabakoura Trend, which was our first zone of targets identified last year. The large size and relative complexity of our property require that we take a multi-faceted approach involving a range of geological and geochemical techniques in order to generate and to refine each of the many targets our team uncovers.”

    He added, “The exploration work we have conducted thus far on several areas confirms our belief that our Sikasso property consists of several large targets that warrant ongoing drilling.  Most recently, fieldwork has encouraged us to significantly increase the original 2,000 m drill program at Tarabala, Samagouela and Sodala to a planned 3,500 m.  Drilling is being completed at Samagouela, and the rig will then be mobilized to the Sodala prospect on the Sankarani East permit.”

    “Once we have the latest results from our current program, we are planning to conduct an online webinar open to investors during which our management team will discuss our progress and lay out our potential next steps. Details of this webinar, which will also be recorded for later playback, will be announced later this month.”

    Permit overview map: http://compassgoldcorp.com/sikasso-properties/

    Tarabala, Samagouela, and Sodala Air Core Drilling

    Air core (AC) drilling on the Tarabala prospect in the Sankarani permit (Figure 1) consisted of a total of 26 holes in three fences totalling  1,435 m. The northern 8-hole line was planned to intersect near surface mineralization associated with the southern part of the Tarabala artisanal workings.  The middle line consisted of 13 holes drilled to test quartz veins identified during geological mapping of the area by an independent structural geologist. The southern fence of 5 holes was drilled to test a small area of artisanal workings known as Yaladjila (or “Yala” for short).  All fences were chosen based on interpretation of the gradient IP ground geophysics study that identified favourable structures based on resistivity and chargeability features, and surface prospecting.  Drilling was completed at Tarabala on April 7, and all samples are now at the assay laboratory in Bamako.

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    Exploration Update Initial Drilling Completed at Tarabala; Ongoing at Samagouela Artisanal Workings TORONTO, April 16, 2020 (GLOBE NEWSWIRE) - Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the latest exploration work at the Tarabala and Samagouela prospecting areas on the Company’s Sikasso Property …

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