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Compass Gold ( (TSE:CVB) ) has provided an announcement.
Compass Gold has commenced a two-phase, 2,200-metre diamond drilling program at its Massala prospect in Mali, aiming to define an initial gold resource over a 340-metre priority zone along the Tarabala Trend. The first phase includes 41 shallow holes totaling 1,300 metres, supported by QA/QC protocols and informed by earlier high-grade trenching and drilling results.
In parallel, the company has dispatched additional near-surface metallurgical samples for gravity and cyanide recovery testing, completed bulk sampling at two facilities, and is in talks with three parties on plant design and fabrication. Management continues to press Mali’s authorities for a delayed Small Mine Permit submitted in November 2025, signalling that Massala is being technically de-risked in anticipation of eventual project permitting and development.
More about Compass Gold
Compass Gold Corporation is a mineral exploration company focused on gold projects in Mali, West Africa. The company is advancing its Massala prospect along the 15-km Tarabala Trend, targeting near-surface gold mineralization that could support small-scale mining and future resource development.
Average Trading Volume: 278,854
Technical Sentiment Signal: Hold
Current Market Cap: C$27.87M
See more insights into CVB stock on TipRanks’ Stock Analysis page.