Compass Gold Reports Additional Yanfolila Property Results, Suggesting Strong Gold Mineralization

By Midnight Trader,  June 27, 2012, 09:23:37 AM EDT

Compass Gold Corporation (CVB.V), which is focused on gold exploration on four properties in Mali, Africa's third largest gold producer, today announced further gold assay results from its 30-hole, 5,000m, diamond-drill exploration program at the Solona target.

Fire assay results for an additional five deep-inclined diamond-drill holes over an initial 350m strike length, show gold mineralization in three holes, including:

- SD52: 15.65m @ 2.01 g/t between 0.00m and 15.65m

- SD57: 26.50m @ 3.59 g/t between 5.40m and 31.90m, including 18.00m @ 5.16 g/t between 13.90m and 31.90m

Results from the remaining 18 holes of the 30-hole program are pending.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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