Compass Gold Corp has provided an update on the latest exploration work at the Boumban Central and Farabakoura prospect areas, located on the Company’s Sikasso Property in Southern Mali.
Highlights
- Drilling at Boumban Central (16 RC holes, 2,404 m) intersected gold mineralization in a similar geological environment to that encountered 5-km south at the Farabakoura artisanal workings
- Best interval at Boumban Central was 3 m at 1.33 g/t Au, within 10 m @ 0.57 g/t Au (from 31m)
- Exploration results show the geology of Compass’s Farabakoura Trend is similar to Hummingbird’s Komana East gold mine area, located 40 km to the east
- Drilling at the Farabakoura artisanal workings intersected a NE-trending structure containing multiple (9) gold zones in one hole (OARC65 included 8 m at 1.17 g/t Au, (from 33 m), 4 m @ 0.81 g/t Au (from 61 m), and 3 m @ 1.54 g/t Au (from 73 m))
Capital Drilling (LON:CAPD) was awarded a 10,000m exploration drilling contract, utilising one reverse circulation and one diamond rig from the existing fleet. Drilling commenced in June 2019.