AI-Summary – News For Tomorrow
Compass Gold Corp. (TSXV: CVB) announced it has received the Environmental Permit from Mali’s Ministry of Environment for its Massala prospect. This is the final critical step before the Ministry of Mines issues the Small Mine Permit for Massala, located along the 15 km Tarabala Trend. This permit allows Compass to proceed with establishing its own processing facility within the Massala permit area. The application was one of the first under the new Malian Mining Code for Small Mines and underwent a rigorous environmental review, including approval of the Environmental and Social Impact Study. Bulk sampling to test the main zone of the proposed area is ongoing.
News summary provided by Gemini AI.
Toronto, Ontario–(Newsfile Corp. – November 11, 2025) – Compass Gold Corp. (TSXV: CVB) (Compass or the Company) is pleased to report that the Ministry of Environment, Sanitation and Sustainable Development of Mali has granted the Company’s Environmental Permit, clearing the way for the Ministry of Mines to issue a Small Mine Permit for the Company’s Massala prospect located along the 15 km Tarabala Trend.
Highlights:
-
Receipt of Environmental Permit was the critical last step in the Massala Small Mine Permit application process
-
Final Small Mine Permit issuance from the Ministry of Mines should proceed quickly
-
Bulk sampling to test the main zone of the proposed Massala Small Mine permit area is ongoing
Massala Small Mine Permit
As Compass Gold has previously reported, the Company’s Small Mine permit application for Massala, one of the first under the provisions of the new Malian Mining Code for Small Mines (See Compass news release dated August 19, 2024), has been the subject of a rigorous environmental review. Receipt of this Environmental Permit follows the previously announced (See Compass news release dated September 4, 2025) approval of the Environmental and Social Impact Study by the Malian Inter-Ministerial Committee. With the completion of the government’s review by its technical team and environmental consultants of the Environmental Permit, Compass has effectively received pre-approval for the placement of its own processing facility within the Massala permit area. Copies of the Environmental Permit and an AI-generated English translation are available here: Small Mine Project – Compass Gold Corp.
Bulk Sampling Continues
About Compass Gold Corp.
Qualified Person
This news release has been reviewed and approved by EurGeol. Dr. Sandy Archibald, P.Geo, Compass’s Technical Director, the Qualified Person for the technical information in this news release under National Instrument 43-101 standards.
Forward‐Looking Information
For further information, please contact:
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273961
