Compass Gold Provides Update on Massala Small Mine Permitting Process

Date:

Project Viability Study Completed, Bulk Sampling Planned for February 2025

Toronto, Ontario–(Newsfile Corp. – January 6, 2025) – Compass Gold Corp. (TSXV: CVB) (Compass or the Company) is pleased to provide an update on its plans to produce gold at the Massala prospect located along the 15 km Tarabala Trend, which is contained within the Company’s Sikasso Property in southern Mali. (See Figure 1.)

Highlights

  • Existing SMAT Mining Facility to be modified to allow for initial bulk sampling of Compass ore at a rate of up to 30 tonnes per hour
  • Bulk sampling planned for February will provide recovery data and help optimize the final plant design
  • Documentation for a Small Mine Permit Application at Massala is being completed, which includes a project viability study*, mine closure plan, community development plan and environmental permit.
  • The project viability study and mine closure plan have been completed. The Community…

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