Compass Gold Corp. provide an update on the latest exploration work at the Boumban Central and Farabakoura prospect areas, located on the Company’s Sikasso Property in Southern Mali. In mid-December, the Company completed 2,404 m of reverse circulation (RC) drilling over selected geophysical and geochemical targets on the southern portion of the Boumban Central prospect, which is a 1.3-km-long and 400-m-wide zone within the greater Farabakoura Trend. This trend has an overall strike length of 15 km and an up to 2-km-wide zone of anomalous gold in shallow soil samples, and abundant artisanal gold workings adjacent to the Siekorole Shear Zone. The prospect was drilled by two fences of eight RC holes. The northwest-oriented fence (OURC49-56) was drilled on an azimuth of 135° (towards the SE), at dips of 50°, with lengths varying from 145 m to 156 m. The north-east orientated fence (OURC57-64) on an azimuth of 045° (towards the NE), at dips of 55°, with lengths varying from 140 m to 156 m. Drilling was performed by Capital Drilling, and collected samples were assayed at SGS (Bamako, Mali) by fire assay. The northeast-oriented eight-hole fence (OURC57-64) drilled at Boumban identified narrow, discrete, gold mineralization in three of the holes. All the mineralization was present within a granodiorite with a higher magnetic signature than the granodiorite encountered in the NW-trending line, e.g., OURC56. This drilling provided vital information on the geology of this concealed area, as well as the mineralization associated with the Siekorole Shear Zone and its related structures, which have been shown to control high-grade mineralization at Farabakoura. The best mineralization occurred in drill hole OURC56, where six discrete zones of mineralization were intercepted within a granodiorite. The best intercept was 3 m @ 1.33 g/t Au (from 29 m), within 10 m @ 0.57 g/t Au. This mineralization is located to the west of the main Siekorole Shear Zone in a geological setting similar to the mineralization encountered at Farabakoura, 5 km to the south, and the Komana East open pit (owned by Hummingbird Resources PLC), 40 km to the south-southwest. The similarities are based on: the location of the shear zone bounding fault; the metamorphosed sedimentary rocks to the east of the fault (sandstones, siltstone, black shale); and the metamorphosed intrusive (granodiorite), volcanic (basalt and dacite) and volcaniclastic (tuffs) present to the west of the fault. The presence of gold mineralization encountered at Boumban emphasises that the rocks to the west of the Siekorole Shear Zone are the main target. The Boumban target area is 4.7 km by 1 km, and the additional planned drilling will focus on prospective intrusions and structures there. Five holes (700 m) were completed at Farabakoura in mid-December. Holes OURC65-67 were drilled over a strike length 660 m of a NW-trending fault that was defined by ground magnetics and airborne EM. This interpreted fault also follows a series of artisanal gold workings at Farabakoura. OURC65 and 66 were both drilled with an azimuth of 140°, dip of 60°, and length of 140 m. OURC67 was drilled to the south (180°) with a similar dip and length. OURC65 was the best hole, and intersected nine zones of mineralization, including 8 m @ 1.17 g/t Au (from 33 m), 4 m @ 0.81 g/t Au (from 61 m), and 3 m @ 1.54 g/t Au (from 73 m). This hole targeted the same mineralization as encountered in OURC17, which included 32 m @ 0.93 g/t Au (see Compass press release, May 14, 2019) and also contained visible gold. OURC67 was designed to test potential along the NE-trending structure and the near surface east-west trending quartz veins. A vein containing 1 m @ 1.72 g/t Au was noted at a depth of 7 m, but the speculated NE-trending fault was not encountered before the end of the hole (140 m). OURC67 encountered abundant quartz veining at the location of the speculated east-west structure, but was unmineralized. OURC68 was drilled to test east-west trending mineralization with an azimuth of 140°, dip of 60° and length of 140 m. Like OURC67, abundant quartz vein was present at the target depths, but the veins contained only trace amounts of gold. OURC69 was drilled with an azimuth of 140°, dip of 60° and length of 140 m to test the premise that a secondary NE-trending vein swarm might be present in an area where diamond drilling identified high-grade gold mineralization. Eight mineralized veins were noted over a length of 100 m, with the highest-grade intercept being 2 m @ 1.50 g/t Au. Based on the recently completed structural study, the dominant vein direction along the 15-km Farabakoura Trend should be NW-trending. Prior to the New Year, the Company completed 1,200 m of drilling at Kabangoué, including a five-hole fence (750 m) at Kabangoué North, and a three-hole fence (450 m) at Kabangoué South. Samples have been dispatched to the assay lab, and results are expected within the next two weeks.