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Compass Gold keeps calm and carries on despite COVID-19

Mining
TSX:CVB
19 March 2020 13:43 (EDT)
Compass Gold Corp., - President and CEO, Larry Phillips

Source: YouTube (121 Mining Investment Events)

Mineral exploration company, Compass Gold (TSXV:CVB), has implemented health and safety protocols in response to the COVID-19 pandemic.

While the company has not yet reported any impact on its administrative or exploration activities, the measures are a necessity. 

At the company’s operations in Bamako, Mali, preventative measures include health screening for visitors, employees and contractors. Everyone who enters is registered, has their temperature taken and uses handwashing facilities.

Compass has also implemented similar protocols at the Sikasso property operations in southern Mali.

Compass’ Exploration Manager, Dr Madani Diallo, said Mali has not reported any cases of coronavirus infection.

“I was working here during the brief Ebola outbreak six years ago, and the government has already applied the same measures on all points of entry to the country.

“As we know that the situation could change at any time, we remain vigilant, but confident that we are doing what is necessary to protect our people,” Madani said. 

Mali’s government has recently shut down all schools, bars, night clubs and international flights, and restricted gatherings exceeding 50 people. In spite of the pandemic’s ongoing worldwide impacts, Compass will continue its operations in Mali for the time being. 

The company is aggressively advancing a fully financed drilling program on its Sikasso property. The project, which covers over 13,000 metres, will test several drill targets across multiple permit areas, including the Farabakoura Trend.

The drilling crew there will remain on-site and continue working until the current program has been completed.

Compass’ President and CEO, Larry Phillips, stated that the company was not underestimating the seriousness of the COVID-19 situation.

“Our board and management are watching closely for any evidence that could increase the risk to any of our employees or contractors.

“In the meantime, our operations are proceeding without interruption. We look forward to seeing our current exploration program completed on time and on budget,” Larry said.

Compass Gold (CVB) is down 12.12 per cent, and trading at $0.14 per share as of 12:11pm EST.

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