COMPASS GOLD PROVIDES SAFETY AND OPERATIONS UPDATE Exploration Program Continuing
COMPASS GOLD PROVIDES SAFETY AND OPERATIONS UPDATE
Exploration Program Continuing
Toronto, Ontario, March 19, 2020 – Compass Gold Corp. (TSX -V:CVB) (Compass or the
Company) places the safety and wellbeing of its employees and contractors as its highest
priority. In light of the global concern about coronavirus ( “COVID-19”), the Company has
implemented a detailed program of health and safety protocols to protect personnel while
ensuring the safe operation of the Company.
In Mali, access to the Company’s Bamako office as well as to all areas in the field has been strictly
controlled with health screening in place for visitors, employees , and contractors . Everyone
entering the office is being registered, their temperature is taken, and they are using the hand
sanitizers and handwashing facilities provided. While the relatively remote location of Compass’s
field operations and the fact that the majority of those working there are from Mali and West
Africa somewhat mitigates the risk of infection coming from outside the region, the same health
and safety proto cols have also been implemented in all field camp areas and throughout the
Company’s Sikasso Property operations in southern Mali.
Dr. Madani Diallo, Compass’s Exploration Manager, and a non -executive director, said, “At this
point, there have been no reported cases of coronavirus infection in Mali, but we are constantly
monitoring the situation. I was working here during the brief Ebola outbreak six years ago , and
the government has already applied the same m easures on all point s of entry to the country,
which limited the spread of that disease, including medical screening and hand washing for
everyone. As we know that the situation could change at any time, we remain vigilant, but we are
confident that we are doing what is necessary to protect our people.”
Although no COVID-19 cases have yet been diagnosed in Mali, President Ibrahim Boubacar Keita,
with the advice of the Superior Council of National Defense and their scientific and health
advisors, has recently decided to close all schools, bars, and night clubs, as well as to restrict
passenger flights from affected countries and to prohibit meetings of more than 50 people.
Compass’s North American management team, which has always tended to work remotely,
continues to do so. Appropriate health and safety protocols are being applied in the rare event
that visits to the Toronto office are necessary.
EXPLORATION PROGRAM CONTINUES
As previously announced, Compass is aggressively advancing a more than 13,000 -metre, fully-
financed drilling program designed to test several drill targets across multiple permit areas on its
Sikasso Property, including the Farabakoura Trend.
Compass has not seen any impact on any of its administrative or exploration activities. Bedrock
drilling is currently underway at the Tarabala prospect on the highly -prospective Sankarani
permit, and results will be reported as they become available in April.
2 | Page
The Company also has a sufficient inventory of supplies and equipment, and both the drilling
contractor and the assay lab in Bamako are expected to function as usual for the foreseeable
future. The drilling crew is also expected to remain on-site and continue working until the current
program has been completed.
Noted Larry Phillips, Compass’s President and CEO, “We are not underestimating the seriousness
of this situation, and our Board and management are watching closely for any evidence that could
increase the risk to any of our employees or contractors. In the meantime, our operations are
proceeding without interruption, and we look forward to seeing our current exploration program
completed on time and on budget.”
About Compass
Compass, a public company having been incorporated into Ontario, is a Tier 2 issuer on the TSX- V.
Through the 2017 acquisition of MGE and Malian subsidiaries, Compass holds gold exploration
permits located in Mali that comprise the Sikasso Property. The exploration permits are located
in three sites in southern Mali with a combined land holding of 867 km2. The Sikasso Property is
located in the same region as several multi-million-ounce gold projects, including Morila, Syama,
Kalana and Komana . The Company’s Mali- based technical team, led in the field by Dr. Madani
Diallo and under the supervision of Dr. Sandy Archibald, P.Geo, is conducting the
current exploration program. They are examining numerous anomalies first noted in Dr.
Archibald’s August 2017 “National Instrument 43 -101 Technical Report on the Sikasso Property,
Southern Mali.”
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.
For further information please contact:
Compass Gold Corporation Compass Gold Corporation
Larry Phillips – Pres. & CEO Greg Taylor – Dir. Investor Relations &
Corporate Communications
[email protected] [email protected]
T: +1 416-648-4767 T: +1 416-605-5120
Website: www.compassgoldcorp.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATIO N SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.