Compass Gold Launches €530k Two-Phase 2,200m Drilling Program at Massala
Compass Gold launched a 2,200m two-phase diamond drilling program at Massala Prospect, including 41 shallow holes totalling 1,300m in phase one (budget €310k) and a 900m infill phase (€220k), with initial results and resource evaluation expected within 60 days. No definitive timeline exists for approval of its Small Mine Permit.
1. Drilling Program Initiation
Compass Gold commenced a 2,200m two-phase resource definition diamond drilling program at Massala on March 30, 2026. Phase one comprises 41 inclined holes totalling 1,300m with an average depth of 32m (budget €310k), followed by a 900m infill phase (budget €220k).
2. Resource Definition Objectives
The program targets a 340m section of the 15km Tarabala Trend to test grade and continuity of mineralized structures, reducing average fence line spacing from 30m to 15m. Initial drilling results and a potential maiden resource evaluation are expected within 60 days.
3. Permit Application Status
A complete Small Mine Permit dossier was submitted in November 2025, but no timeline or deficiency notice has been received. Compass maintains regular contact with Mali’s Mining Ministry to expedite approval.
4. Metallurgical Testing and Infrastructure Plans
Two representative samples (100kg) have been sent to Blue Coast Research for extended gravity and cyanide recovery tests, with final data due by end-April. Concurrent discussions with three parties are underway for design, fabrication and commissioning of processing facilities at Massala.