Highlights:
Resampling of earlier RC holes within the Massala West mineralized zone (see Fig. 2) indicated that mineralization was actually higher grade and wider than previously reported
Widest intercept change: 28 m @ 0.63 g/t Au (from 24 m), compared to 5 m @ 0.59 g/t Au (from 45 m)
Highest grade change: 3 m @ 2.75 g/t Au (from 19 m), compared to 2 m @ 0.62 g/t Au (from 19 m)
Of the 258 samples which were retested within the mineralized zone, 58% produced better results than previously reported
The nugget effect (coarse gold) is significant at Massala West, with an average grade increase of 0.27 g/t Au in samples containing greater than 0.05 g/t Au
Additional sampling programs are being planned to assess the nugget effect on the gold grades within the lateritic zone
Compass CEO,
He added, 'With these positive results, the Company is now planning additional trenching at Massala West and Tarabala to determine a more accurate gold grade and whether there is significantly more gold present within these extensive zones.'
Massala West Re-Assaying Results
As previously reported (see Compass news release dated
A total of 287 samples were collected from waste bags at six previously drilled RC holes at Massala West on four fence lines over a distance of 1,100 m (Figure 2). The holes tested quartz veins within the mineralized zone (SARC07, 08, 09, 12), and outside the zone (SARC06 and 11). The results showed that most assays of the weighted average recombined sample were higher than the original assay and the mineralized intervals were wider (Table 1). The maximum interval was 28 m @ 0.63 g/t Au (from 24 m in SARC08). Previous sampling of this same zone identified two zones at 3 m @ 0.69 g/t Au (from 24 m) and 5 m @ 0.59 g/t Au (from 45 m). The largest increase in grade was recorded from SARC12. Previous sampling returned 3 m @ 0.43 g/t Au (from 19 m; including 2 m @ 0.62 g/t Au) and the new sampling from the same intercept returned 3 m @ 2.75 g/t Au. An 8 m interval in the same hole showed a modest decrease from an average of 0.55 g/t Au in the original assaying to 0.38 g/t Au in the new assaying.
About
Compass, a public company having been incorporated into
QAQC
All AC samples were collected following industry best practices, and an appropriate number and type of certified reference materials (standards), blanks and duplicates were inserted to ensure an effective QAQC program was carried out. The 1 m interval samples were prepared and analyzed at SGS SARL (
Qualified Person
This news release has been reviewed and approved by EurGeol. Dr.
Forward?Looking Information
This news release contains 'forward?looking information' within the meaning of applicable securities laws, including statements regarding the Company's planned exploration work and management appointments. Readers are cautioned not to place undue reliance on forward?looking information. Actual results and developments may differ materially from those contemplated by such information. The statements in this news release are made as of the date hereof. The Company undertakes no obligation to update forward?looking information except as required by applicable law.
Contact:
Pres & CEO
E: lphillips@compassgoldcorp.com
T: +1 416-596-0996 X 302
Dir
Investor Relations & Corporate Communications
E: gtaylor@compassgoldcorp.com
T: +1 416-596-0996 X 301
Website: www.compassgoldcorp.com
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