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Compass Gold: High-Grade Gold Intercepted at Boumban Central Prospect on the Farabakoura Trend, Including 4 m @ 14.93 g/t Au
TORONTO, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the latest exploration dr
About this update from Compass Gold Corporation
[{"type":"text","content":" TORONTO, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the latest exploration drilling at the Boumban South and Boumban Central prospects, located on the Company’s Sikasso Property in Southern Mali (Figure 1). Highlights Additional drilling at Boumban Central (3 RC holes, 640 m) identified high-grade gold mineralization adjacent to the Siekorole Fault and coincident with a strong shallow soil anomaly Best interval was 1 m @ 50.56 grams per tonne (g/t) gold (Au), within 4 m @ 14.93 g/t Au (from 63 m) Drilling at Boumban South (5 RC holes, 781 m) intersected several zones of mineralization, including 8 m @ 0.67 g/t Au (from 21 m) A 2,000-m air core drill program has commenced on four target areas on the Sankarani and Kourou permits Compass CEO, Larry Phillips, said, “As drilling is about to start on our high-priority targets at Sankarani and Kourou, we continue to receive encouraging results on our Farabakoura Trend prospects. Based on the early-December drill results from Boumban Central, we drilled three additional holes to extend one of our fences. This led to the discovery of a high-grade gold intercept, which supports our interpretation that the Siekeroli Fault is a controlling feature in the permit area. Our aim continues to be the drill testing of the principal targets along the length of the 15 km long Farabakoura Trend, where we continue to find pockets of strong gold mineralization. We have several more untested targets that need to be drilled. I am also excited about the pending start of drilling on the Sankarani permit, located immediately to the east of our current drilling. This will be the first ever drilling on this set of targets that lie on a 40-km-long north-northeast trend of artisanal gold workings and geochemical gold anomalism associated with a crustal-scale fault. We eagerly await the assay results of this promising area.” Technical Review Boumban Central Three holes (360 m) were completed at Boumban Central in mid-January (Figure 1) to follow-up on gold mineralization noted in OURC56 on the prospect during drilling in December 2019 (see Compass press release, January 14, 2019). OURC56 intercepted 10 m @ 0.57 g/t Au (from 31 m), including 3 m @ 1.33 g/t Au. Holes OURC93 to OURC95 were added to the ...