Mining News in Mali

Compass Gold Corp.
Compass Gold Corp.
CVB
Gold
Southern Mali
Drill Results

Compass Gold Reports Final Diamond Drilling Assays at Massala Prospect, Intersecting 8.35 M @ 2.82 g/t Au

Compass Gold Corp. reported final diamond drilling assays from its Massala prospect in Southern Mali, confirming continuous gold mineralization along a 340-meter strike length that remains open down-dip. Highlights include new intercepts of 8.35 m @ 2.82 g/t Au and previously reported results of 18 m @ 4.99 g/t Au. The company plans to incorporate these positive results into its strategy for initial production at Massala, despite ongoing delays in permit processing in Mali.

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Compass Gold Corp.
Compass Gold Corp.
CVB
Southern Mali

Compass Reports Strong Gold Recoveries from Recent Metallurgical Testing at Massala

Compass Gold Corp. reported robust metallurgical results at the Massala prospect, including a 95.3% gold recovery via bottle roll leaching on sample MA-5. The company also announced the completion of Phase 1 resource definition drilling, which included high-grade visible gold intercepts.

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Compass Gold Corp.
Compass Gold Corp.
CVB
Gold
Southern Mali

Compass Confirms High Grades and Wide Mineralized Intervals at the Massala Prospect

Compass Gold Corp. has reported encouraging Phase 1 resource definition drilling results at the Massala prospect in Mali, featuring high-grade gold intercepts including 3.8 m at 21.94 g/t Au and a >100 g/t Au interval. The drilling confirms wide mineralized zones along the Tarabala fault, supporting the company's efforts to define an initial resource.

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Desert Gold Ventures Inc.
Desert Gold Ventures Inc.
DAU
Gold
Western Mali

Desert Gold Commences 4,250 Meter RC Drill Program at Key SMSZ Project Targets

Desert Gold Ventures Inc. has commenced a 4,250-metre reverse circulation (RC) drill program at its SMSZ Project in Western Mali. The program targets five priority zones, including three areas with existing gold resources, to test for strike and depth extensions.

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Compass Gold Corporation
Compass Gold Corporation
CVB
Gold
Mali

Compass Gold Commences Shallow Drill Program at Massala

Compass Gold has commenced a two-phase, 2,200-metre diamond drilling program at the Massala prospect in Mali to support a potential maiden mineral resource. The company is also conducting metallurgical testing at Blue Coast Research and navigating regulatory delays regarding its Small Mine Permit application.

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Roscan Gold Corporation
Roscan Gold Corporation
ROS
Gold
Mali

Roscan Gold Announces Positive Preliminary Economic Assessment for the Kandiolé Gold Project in Mali

Roscan Gold has announced a positive Preliminary Economic Assessment (PEA) for the Kandiolé Gold Project in Mali, reporting a base case after-tax NPV (5%) of US$498 million and an IRR of 43%. The project features an ~13-year mine life with an average annual production of approximately 92,786 oz of gold and an AISC of US$1,568/oz.

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Desert Gold Ventures Inc.
Desert Gold Ventures Inc.
DAU
Gold
western Mali

Desert Gold Provides Update on Barani East Gold Project Site Development Activities

Desert Gold is advancing site preparation and infrastructure works at the Barani East gold project in Mali to support the upcoming installation of a modular gravity processing plant. The update references metallurgical test work from the recent PEA, noting conceptual gold recoveries of ~68% for gravity and up to ~92% for a gravity + CIL circuit.

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Compass Gold Corp.
Compass Gold Corp.
CVB
Gold
Mali

Compass Prepares to Receive Mining Permit for Its Planned Small Gold Mine Project at Massala

Compass Gold Corp. expects to receive a Small Mine Permit for its Massala project in Mali by the end of March. The company is also conducting second-round bulk sampling with a finer grind to optimize gold recovery and has commissioned a detailed metallurgical study by Blue Coast Research.

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Lithium Royalty Corp.
Lithium Royalty Corp.
LIRC
Lithium
Mali

Lithium Royalty Corp. Enters into Agreement to Acquire Cash Flowing Goulamina Royalty Operated by Ganfeng Lithium

Lithium Royalty Corp. has entered into a definitive agreement to acquire a 1.5% Trailing Product Sales Fee (TPSF) royalty on the Goulamina lithium project in Mali for A$40 million. The royalty is already generating cash flow, with the first payment of US$574,748 received by the seller, Leo Lithium, in Q3 2025.

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Desert Gold Ventures Inc.
Desert Gold Ventures Inc.
DAU
Gold
Mali

Desert Gold Delivers PEA Update for SMSZ Project with USD $61 Million After-Tax NPV (10%) and 57% IRR at USD $2,850/oz Gold for Barani and Gourbassi Deposits in West Mali

Desert Gold Ventures Inc. announced an updated Preliminary Economic Assessment (PEA) for its SMSZ Gold Project in western Mali, highlighting a post-tax NPV(10%) of USD $61 million and an IRR of 57% at a base case gold price of USD $2,850/oz. The updated PEA projects a doubling of gold production to 36 ktpm over a 10-year mine life, with an average gold process recovery of 87% from free-milling oxide and transitional material. The project benefits from a modular plant design and significant gold resources remaining outside the current mine plan, though the study is preliminary and includes Inferred resources.

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