TSX-V:CVB Volume : 2516 Change : -0.005 Last : 0.075 Day High : 0.075 Day Lo: 0.075 Date : 5/18/2012
Welcome to Compass Gold
Compass Gold Corporation is a Tier 2 mining issuer listed on the TSX Venture Exchange and focused on gold exploration in Mali, Africa's 3rd largest producer of gold. Compass, through its wholly-owned subsidiary Africa Mining, owns four gold exploration permits (Yanfolila, Dandoko, Kolondieba and Solabougouda) as well as holding applications over a further four areas, Mousala, Sirakourou, Yanfolila East and Kolondieba Nord) covering a total of 1,138 sq km's in key gold producing regions in south west Mali, West Africa.
- Exceptional exploration team lead by Dr Madani Diallo who has a history of large discoveries in Mali and West Africa:
- Syama (7.9Moz)
- Morila (8.5Moz)
- Sadiola (13.5Moz)
- Essakane (5.3Moz)
- Strategic presence in the fastest gold producing region in the world with 1,138 sq km in the Gold-rich Birimian Greenstone belt, one of the largest landholdings in Mali
- 100% ownership of 6 projects including 1 new application at Sirakourou in Southern Mali
- Projects are along strike from operating multi-million ounce gold mines
- Strong potential for new gold discoveries at Yanfolila and Dandoko projects to be confirmed by intensive drilling programs already underway since January 2012:
- Targeting a NI-43-101 compliant potential gold resource in early 2013 at Yanfolila;
- Targeting a NI-43-101 compliant potential gold resource of 2Moz at Dandoko
- Strong institutional support including Argonaut Securities, Pinetree Capital, and Regent Pacific
May 15, 2012
May 10, 2012