Compass Gold Corp
Company Overview
Compass Gold Corporation is focused on advancing its Massala gold project in Mali towards obtaining a mining permit by 2025. The company has conducted bulk sample testing, successfully recovering first gold at Massala, and has secured approval for its environmental and social impact study. The Massala project, along with other prospects like Tarabala and Moribala, shows potential for small-scale open-pit gold production utilizing gravity separation. The company highlights robust project economics and 100% ownership of its assets in Mali.
Latest News
Compass Gold Announces Fully Subscribed $600,000 Private Placement
Compass Gold plans to raise $600,000 via private placement of units to fund its Small Mine Strategy at Massala, involving existing and new investors, with closing expected by September 24, …
Compass Appoints Stephen Eddy to Board of Directors
Compass Gold appoints Stephen Eddy to its board, leveraging his extensive mining finance expertise to support Mali gold project development and growth.
Compass Provides Update on Small Mine Bulk Testing at Massala
Compass Gold advances at Massala in Mali, achieving initial gold recoveries, environmental approval, and progressing toward small mine development and permit issuance.
Update on Expanded Small Mine Application and Badogo Permit Transfer
Compass Gold advances small mine permit approval, completes first production test at SMAT facility, and transfers exploration permit in Mali.
Compass Gold on Track to Commence Production at Massala Within the Next 60 Days
Compass Gold Corp. is nearing completion of its SMAT processing facility upgrade to start gold production at the Massala prospect in Mali. Environmental studies will finish soon, and they expect …
Compass Provides an Update on the Massala Small Mine Permitting Process
Compass Gold Corp. has completed a project viability study for its Massala prospect in Mali and plans to begin bulk sampling in February 2025. This will aid in optimizing plant …
Compass Announces Completion of Fully Subscribed Convertible Debenture Offering
Compass Gold Corp. announced the completion of a private placement, issuing 610.5 convertible debenture units for $610,500. Proceeds will fund mineral exploration at Tarabala in Mali. Insiders purchased 30 units, …
Compass Announces Fully Subscribed Convertible Debenture Offering
Compass Gold Corp., based in Toronto, Ontario, plans to issue 600 convertible debenture units at $1,000 each in a non-brokered private placement, aiming to raise $600,000. The company has secured …
Compass Announces Joint Production Agreement to Commence First Commercial Gold Recovery on Tarabala Trend
Compass Gold Corp. has announced plans to produce gold at the Massala prospect in southern Mali, with production and cash-flow expected for Q1 2025. This follows a joint-production agreement with …
Analysis
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Massala
The Massala project is currently advancing towards a mining permit by 2025, following successful bulk sample testing that recovered first gold. An environmental and social impact study has been approved. …
Moribala
Identified as an area with small open pit mining potential along the 14-km gold trend in Mali.
Tarabala
Identified as an area with small open pit mining potential along the 14-km gold trend in Mali. The project is part of the broader Tarabala-Massala gold trend.
Executive Team
Filings data not yet available.