Completes Latest Stage Of Expanded Drill Programme at Samagouela And Tarabala
Compass Gold Corp. (TSX-V: CVB) has completed the latest phase of drilling at the Samagouela and Tarabala prospects, located on the company’s Kourou permit within the Sikasso Property in Southern Mali.
CEO, Larry Phillips, said the company drilled 41 AC holes for 1901m and one RC hole for 52m on two gold mineralised structures.
At Tarabala 30 AC holes for 1,505m and two RC holes for 186m were completed
“As promised, we have now completed the latest drill programme at Samagouela and Tarabala, part of the ongoing 17,000n programme that will continue into the first half of the coming year,” Mr Phillips said.
“While originally planned for 3,000m of air core drilling, our technical team expanded the program to test a total of 3,644m. The small sampling of initial results we’ve received so far has confirmed the presence of the mineralisation and quartz vein structures that we have been looking for.
“We look forward to receiving all of the assay results, which are expected by mid-January, and which will help determine the next stage of drilling.”
Compass Director and Exploration Manager, Dr Madani Diallo, said that iInitial results from this latest work at Samagouela have confirmed the presence of gold mineralisation associated with the target structures, demonstrating the benefits of using ground geophysics and surface geochemistry in this part of Mali.
“Meanwhile, we are moving ahead with more drilling, as well as more Gradient Induced Polarisation ground geophysics and geological mapping. Our goal with all of this work is to identify additional drilling targets to be tested in the first half of 2021.”
The latest drilling was planned to determine the near-surface lateral extent of mineralisation previously identified at the prospect, and test a proposed target structure located 150m to the east of the existing workings at Samagouela. This is the same structure located at Samagouela South.
Previous drilling on the prospect intersected several mineralised structures at Samagouela, including 10 m @ 1.67 g/t Au and 9 m @ 5.79 g/t Au (from 45 m), which included 1.0m @ 36.37 g/t Au (from 45m). Both structures remain open at depth. At Samagouela South the best mineralisation occurred in drill hole KOAC44, where a mineralized intercept of 14 m @ 2.75 g/t Au (from 20m) was encountered.
