| Metals & Mining Industry | Materials Sector | Larry E. Phillips CEO | TSX-V Exchange | CA20451T4054 ISIN |
| CA Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Compass Gold Corporation is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties, with a primary interest in gold deposits. Incorporated in 2002, the company has its headquarters in Toronto, Canada, but its principal operations are located in Mali, West Africa. The flagship project of Compass Gold Corporation is the Sikasso property, which encompasses 14 exploration permits over an area of approximately 1,173 square kilometers. This strategic focus on Mali positions the company within a significant gold-producing region, aiming to leverage the area's rich mineral resources for exploration and potential development.
The core activity of Compass Gold Corporation involves the exploration of gold deposits within the Sikasso property in Mali. Leveraging advanced geological techniques and methodologies, the company aims to identify viable gold resources that can be developed and mined. This exploration activity is pivotal to the company's mission of discovering valuable gold deposits in a region known for its substantial gold production.
In addition to exploration activities, Compass Gold Corporation is also engaged in the development of its mineral properties once viable deposits are identified. This involves detailed planning and execution of strategies to bring a gold deposit to the stage where it can be commercially mined and processed. The development process includes feasibility studies, environmental impact assessments, and securing necessary permits and licenses from local authorities.
Compass Gold Corporation actively pursues the acquisition of additional mineral properties in Mali and other regions, aiming to expand its portfolio and explore new opportunities for gold exploration and development. The company's strategic acquisitions are aimed at securing promising areas with potential for significant gold deposits, thereby enhancing its exploration pipeline and growth potential in the gold mining sector.