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Compass Confirms Down-Dip Extension of Gold Mineralization at the Tarabala Prospect
Drilling Targeting Deeper Mineralization Toronto, Ontario--(Newsfile Corp. - April 18, 2023) - ...
About this update from Compass Gold Corporation
[{"type":"text","content":"Compass Confirms Down-Dip Extension of Gold Mineralization at the Tarabala ProspectDrilling Targeting Deeper MineralizationToronto, Ontario--(Newsfile Corp. - April 18, 2023) - Compass Gold Corp. (TSXV: CVB) (\"Compass\" or the \"Company\") 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 (Figure 1).HighlightsDrilling 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 at 3.30 g/t Au (from 84 m), including 8 m @ 4.95 g/t Au (from 84 m)Highest-grade interval: 1 m @ 18.90 m (from 86 m)Widest interval of low-grade mineralization was 19 m at 0.84 g/t Au (from 170 m)Mineralization remains open at depthThe Company is considering a metallurgical sample test program of high-grade, near-surface gold mineralization Compass CEO, Larry Phillips, said, \"These are very positive results for Compass. Our objective has always been to identify an open pit gold deposit along the extensive regional trends that run through our properties. Whereas an open pit mine in Mali can be economic at 0.7 grams per tonne, we have discovered grades in this 450 m section of the Tarabala zone far exceeding that level. And even more exciting is that our drilling intercepted significant down-dip widths of gold mineralization at depths of just 125 m from surface. This includes some of the highest grade intercepts we have seen in this area, including 13 m at 3.30 grams per tonne, which bodes well for follow-up drilling. \"Meanwhile, we are awaiting the results of the metallic screen fire assaying to determine if coarse-grained, nuggety gold is present in the samples. If it is, then it is likely that previously reported grades from drilling along the 14 km Tarabala trend were under-reported, which would indicate a huge potential for future resource estimations along several zones of that trend.\"Dr. Sandy Archibald, PGeo, Technical Director, added, \"I am pleased with the promising results of our recent bedrock drilling at Tarabala, and eagerly await the metallic screen fire assay results to assess the presence of nuggety gold and the potential impact on reported grades.\"\"Also, during my recent site visit, I was impressed to fin...