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Compass Gold Completes First Diamond Drill Holes at Tarabala Prospect
TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) announces that it has completed the first diamond drilling p
About this update from Compass Gold Corporation
[{"type":"text","content":" TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) announces that it has completed the first diamond drilling program at the Tarabala prospect on its Sikasso Property in Southern Mali (Figure 2). Highlights Completed four diamond drill holes for a total of 520 m Core is being logged for geological information and sampled for gold Results for all drill holes are expected in 4-5 weeks Compass CEO, Larry Phillips, commented, “We have completed our planned diamond drilling at our Tarabala prospect. This drilling has focused on characterizing the gold mineralization previously identified in quartz veins by shallow air core and deeper reverse circulation drilling beneath the artisanal workings there. The core is currently being studied in preparation for sample selection, and the first assay results are expected in early December. If they are positive, our main 2,000 m reverse circulation drilling program will begin by late December.” Compass Exploration Manager, Dr. Madani Diallo, added, “I am happy to report that we have intersected the specific structures that we have targeted with this deeper diamond drilling, which contain quartz veins with pyrite. The drill target is beneath an area with higher gold mineralization, that was identified previously with shallow soil geochemistry and shallow air core drilling. Now, we await the critical assay results that will determine the degree of gold mineralization present, which will help us to focus the location of the planned next phase of drilling on the 1,000 m long Tarabala prospect.” Next Steps The 520-m-diamond drilling program at the Tarabala prospect started on October 16th and was completed on November 3rd. Due to unsatisfactory core recovery from the top portion of one of these holes, an adjacent 40-m twin hole will be drilled shortly to provide a complete record of this profile. This drill program was aimed to determine the critical characteristics of the previously identified (See Compass news releases dated March 1st, March 16th, and May 18th, 2021) gold-bearing quartz veins (width, grade, orientation, and mineralogy) at depths of 60 to 120 m from the surface. Once the core has been logged and key structural measurements collected and interpreted, it will be assayed to determine the degree of mineralization...