Compass Gold Announces Resignation of Director

NEWS RELEASE For Immediate Release

COMPASS GOLD ANNOUNCES RESIGNATION OF DIRECTOR

Vancouver, Canada, July 23, 2013 – Compass Gold Corporation (TSXV: CVB) ("Compass" or the "Company") announces that Marshall Auerback resigned from the board of directors as of July 21, 2013

The Company would like to thank Mr. Auerback for his contribution while serving as a director, and wish him well in his endeavors.

About Compass Gold

Compass Gold Corporation, a Tier 2 mining issuer listed on the TSX Venture Exchange, is focused on gold exploration in Mali, Africa's third largest producer of gold. Compass, through its wholly owned subsidiary, Africa Mining SARL, owns a 100% interest in six gold exploration permits (Yanfolila, Dandoko, Moussala, Kolondieba, Solabougouda and Sirakourou), covering an aggregate of 1,138 sq kms in key gold-producing regions in southwest Mali, West Africa. Further information is available at www.compassgoldcorp.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

COMPASS GOLD CORPORATION

“James Henderson”

Chairman

For further information please contact:

Compass Gold Corporation Tel: +1 604-638-8067 Email: [email protected] www.compassgoldcorp.com

Suite 800 - 789 West Pender Street Vancouver, BC, CANADA Tel. +1 (604) 638 8067 Fax +1 (604) 648 8105 [email protected]