Compass Gold Corporation · TSXV:CVB
Compass Gold — Corporate Update (June 2026)
16 slides from Compass Gold's corporate update, Jun 29, 2026
Slide 1: Company Update on Small Mining Program at Massala
COMPANY UPDATE ON SMALL MINING PROGRAM AT MASSALA June 29, 2026
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation is for informational purposes only and does not constitute an offer or a solicitation of an offer to purchase the securities referred to herein. Certain information set forth in this presentation contains “forward‐looking statements” and “forward‐looking
Slide 3: Update: Phase 1 Drill Program Complete
Update: Phase 1 Drill Program Complete Drilling Program at Massala • Phase 1 Completed (42 holes, 1,240 m) targeting the main mineralized structure (red line on diagram to the left) with 30 m spacing to define a resource • Potential Phase 2 Drill Planning to be considered after all Phase 1 results a
Slide 4: Update: Phase 1 Drill Program Complete
Update: Phase 1 Drill Program Complete • Previous drilling used Air Core (AC) and Reverse Circulation (RC) methods to target mineralization below 30 m depth • Current drill program is using diamond core drilling, the industry standard method for resource definition • 42 diamond drill holes (1,457.3
Slide 5: Classic Shear-Zone Vein System
Classic Shear-Zone Vein System Map view Vein Variability at Massala Shear-Zone Veins • Drill results and prior trenching at Massala demonstrated variable widths and grades, typical of shear-zone hosted vein systems • The passage of geological time created the vein structures that we see today: • (A)
Slide 6: Update: Phase 1 Drill Program Complete
Update: Phase 1 Drill Program Complete Variable Grades and Widths • Massala was initially identified by a single anomalous soil sample (1.90 g/t Au) • Follow-up air core drilling intercepted the mineralization: 24 m @ 2.35 g/t Au (SAAC-123) • Trenching identified highly variable widths (up to 24 m)
Slide 7: Initial Assay Results – First Three Drill Samples
Initial Assay Results – First Three Drill Samples 400 mN Drill Section • March 2021 drill results from hole SAAC-123 of 24 m @ 2.35 g/t Au are verified by Phase 1 hole MAAD001 with 18 m @ 4.99 g/t Au • MADD007 demonstrates that 5 m away from MAAD001 the mineralized structure is 9.01 m @ 1.92 g/t Au
Slide 8: Initial Assay Results – First Three Drill Samples
Initial Assay Results – First Three Drill Samples Hole ID From (m) To (m) 1, 2 Interval (m) Au (g/t) 400 mN Drill Section MADD001 17.30 35.30 18 34.99 • Mineralized zone (18 m) inc. 17.30 21.36 4.06 0.52 inc. 22.40 23.80 1.4 0.82 • The reported interval includes a bonanza- inc. 25.10 26.50 1.4 0.33
Slide 9: Understanding the Nugget Effect & Visible Gold
Understanding the Nugget Effect & Visible Gold Nature of Coarse Gold • Previous deep (>50 m) Quartz drilling identified gold associated with pyrite and arsenopyrite (‘sulphides’), which is difficult to process • Current drilling focuses on near-surface (< 30 m) oxide zone; easier to process Pyrite •
Slide 10: Metallurgical Testing & Blue Coast Work
Metallurgical Testing & Blue Coast Work • Three samples have been tested for gravity separation methods • 51.1 to 61.0% recoveries • Compare favourably with the industry average range of 40% to 70%. • One sample tested using cyanide extraction returned 95.3% recovery • Overall, the results are encou
Slide 11: Bulk Sampling & Plant Design
Bulk Sampling & Plant Design Bulk Sample Testing at Bagama • These results informed internal plant-design work but have not been publicly disclosed because they are not independently verified • Gold was successfully recovered during testing, with concentrate grades often exceeding the head grade (th
Slide 12: Compass Website Redesign Project
Compass Website Redesign Project Website Redesign Project • Website redesign project nearing completion to better communicate the Company’s strategy, projects and investment opportunity • Website and logo images shown are draft mock-ups for illustrative purposes only compassgoldcorp.com 12 TSX-V:CVB
Slide 13: Mali and Country Operations Update
Mali and Country Operations Update Massala • Phase 1 drilling activities are complete • Logging, sampling and survey work have been finalized • All samples have been submitted to SGS (located in Ouagadougou, Burkina Faso) for assay analysis • The Company is awaiting assay results Mali • Security dis
Slide 14: Small Mine Permit Status Update
Small Mine Permit Status Update • Environmental Permit granted on November 7th, 2025, following a successful community consultation process • Small Mine Permit application submitted on November 10th, 2025 • Since 2023, the Government of Mali has been restructuring the mining sector, and no new Small
Slide 15: Upcoming Milestones and Catalysts
Upcoming Milestones and Catalysts Remaining assay results Continued metallurgy from the Phase 1 drilling refinement and Financing discussions campaign optimization Advancement and Negotiation and selection completion of plant of a mill construction Permit issuance design activities counterparty comp
Slide 16: Capital Markets Profile – TSX-V: CVB
Capital Markets Profile – TSX-V: CVB Capital Structure Tightly held shareholder ownership with the top 25 shareholders owning ~ 55% Share Price June 26, 2026 C$0.175 52-Week Low/High $0.13 – $0.205 Basic Shares Outstanding 154.2 M Options 8.3 M Warrant 39.0 M Shares Outstanding (Fully Diluted) 201.5