Compass Receives Environmental Permit for Its Planned Small Gold Mine Project at Massala
Compass Gold (OTC:COGDF) announced that Mali's Ministry of Environment granted an Environmental Permit for the planned Massala small gold mine on November 11, 2025, clearing the regulatory precondition for the Ministry of Mines to issue a Small Mine Permit.
The Environmental Permit follows approval of the Environmental and Social Impact Study and effectively pre-approves placement of a processing facility within the Massala permit area. Compass reports >200 tonnes of mineralized material have been extracted during ongoing bulk sampling to identify the most cost-efficient processing method. Management expects the final Small Mine Permit to proceed quickly now that all materials are with the Ministry of Mines.
Compass Gold (OTC:COGDF) ha annunciato che il Ministero dell'Ambiente del Mali ha concesso un Permesso Ambientale per la prevista miniera d'oro di Massala, l'11 novembre 2025, eliminando la prerequisita normativa affinché il Ministero delle Miniere rilasci un Permesso Miniera di Piccola Scala.
Il Permesso Ambientale segue l'approvazione dello Studio di Impatto Ambientale e Sociale e pre-approva di fatto la collocazione di un impianto di processamento all'interno dell'area della concessione Massala. Compass riferisce che >200 tonnellate di materiale mineralizzato sono state estratte durante l'attuale campionamento di massa per identificare il metodo di processamento più economico. La direzione si aspetta che il permesso finale di Miniera di Piccola Scala proceda rapidamente ora che tutto il materiale è presso il Ministero delle Miniere.
Compass Gold (OTC:COGDF) anunció que el Ministerio de Medio Ambiente de Mali concedió un Permiso Ambiental para la prevista mina de oro Massala de pequeño tamaño el 11 de noviembre de 2025, despejando la precondición regulatoria para que el Ministerio de Minas emita un Permiso de Mina Pequeña.
El Permiso Ambiental sigue a la aprobación del Estudio de Impacto Ambiental y Social y preaprueba efectivamente la ubicación de una instalación de procesamiento dentro del área de la concesión Massala. Compass informa que >200 toneladas de material mineralizado han sido extraídas durante la toma de muestras a granel en curso para identificar el método de procesamiento más rentable. La dirección espera que el permiso final de Mina Pequeña proceda rápidamente ahora que todos los materiales están en el Ministerio de Minas.
Compass Gold (OTC:COGDF) 은 말리 환경부가 계획된 Massala 소형 금광에 대한 환경 허가를 2025년 11월 11일 부여했고, 이는 광물자원부가 소형 광산 허가를 발급하기 위한 규제 선결 요건을 충족했다고 발표했다.
환경 허가는 환경 및 사회 영향 연구의 승인을 따른 것이며 Massala 허가 지역 내 가공시설 배치를 사실상 사전 승인한다. Compass는 현재 벌크 샘플링 중에 200톤의 광화된 물질이 추출되었으며 가장 비용 효율적인 가공 방법을 식별하고 있다고 보고한다. 경영진은 모든 자료가 광물자원부에 제출된 상태이므로 이제 최종 소형 광산 허가가 신속하게 진행될 것으로 기대한다.
Compass Gold (OTC:COGDF) a annoncé que le Ministère de l'Environnement du Mali a accordé un Permis Environnemental pour la mine d'or Massala de petite taille prévue le 11 novembre 2025, levant la pré-condition réglementaire pour que le Ministère des Mines délivre un Permis de Petite Mine.
Le Permis Environnemental fait suite à l'approbation de l'Étude d'Impact Environnemental et Social et pré-approuve effectivement l'implantation d'une installation de traitement dans la zone de la concession Massala. Compass rapporte que >200 tonnes de matériel mineralisé ont été extraites lors de l'échantillonnage en vrac en cours afin d'identifier la méthode de traitement la plus rentable. La direction s'attend à ce que le permis final de Petite Mine se voie délivrer rapidement maintenant que tous les documents sont au Ministère des Mines.
Compass Gold (OTC:COGDF) gab bekannt, dass das Umweltministerium Malis am 11. November 2025 eine Umweltgenehmigung für die geplante Massala-Kleinminen-Goldbergbau erteilt hat, wodurch die regulatorische Vorbedingung erfüllt ist, damit das Ministerium für Minen eine Kleine-Mine-Genehmigung ausstellen kann.
Die Umweltgenehmigung folgt auf die Genehmigung der Umwelt- und Sozialverträglichkeitsstudie und genehmigt de facto die Platzierung einer Aufbereitungsanlage innerhalb des Massala-Lizenzausmaßes vorab. Compass meldet, dass >200 Tonnen mineralisiertes Material während der laufenden Bulk-Probennahme extrahiert wurden, um die kosteneffizienteste Aufbereitungsart zu identifizieren. Das Management geht davon aus, dass die endgültige Kleine-Mine-Genehmigung nun zügig voranschreiten wird, da alle Unterlagen beim Minenministerium liegen.
Compass Gold (OTC:COGDF) أعلنت وزارة البيئة في مالي منح ترخيصاً بيئياً لمنجم Massala الصغير المخطط له بتاريخ 11 نوفمبر 2025، مما يمهد الشرط التنظيمي لوزارة المناجم لإصدار ترخيص منجم صغير.
يتبع الترخيص البيئي موافقة دراسة التأثير البيئي والاجتماعي ويمهد عملياً لوضع منشأة معالجة ضمن منطقة ترخيص Massala. تقارير Compass بأن 200 طنًا من المواد المعدنية المتواجدة قد استخرجت خلال أخذ عينات كبيرة جارية لتحديد أنسب طريقة معالجة من حيث التكلفة. وتتوقع الإدارة أن يتقدم الترخيص النهائي للمنجم الصغير بسرعة الآن وأن جميع المواد باتت لدى وزارة المناجم.
- Environmental Permit granted by Mali Ministry of Environment (Nov 11, 2025)
- Pre-approval to place a processing facility inside the Massala permit area
- Over 200 tonnes of mineralized material extracted for bulk sampling
- Final Small Mine Permit still pending from Ministry of Mines
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
Compass CEO Larry Phillips said, "The receipt of this critical Environmental Permit is the result of almost a year of tireless work by our Malian team. The application process and review procedures for this permit involved extensive collaboration with Ministry officials, independent consultants, and local stakeholders to complete the required technical studies. All materials required for the granting of the Small Mine permit are now in the hands of the Ministry of Mines, and we anticipate that this final step in our permitting process will proceed very quickly.
"Meanwhile, as we continue the bulk sampling and planning for this first Small Mine Permit for Massala, we are also reviewing our large endowment of exploration permit areas around our Sikasso Property area, where we believe we will be able to develop more small mines as well as other opportunities to realize significant value for our shareholders from portions of our holdings."
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
As Compass advances its development plans for its first near-surface gold mine, the bulk sampling process to test the main zone of the proposed Massala Small Mine permit area, the Company's Malian team has extracted more than 200 tonnes of mineralized material for testing. The results of this work are being used to identify the most effective and cost-efficient processing system to be used once the Small Mine Permit is received.
About Compass Gold Corp.
Compass, a public company incorporated in Ontario, is a Tier 2 issuer on the TSX-V. Through the 2017 acquisition of MGE and Malian subsidiaries, Compass holds gold exploration permits located in Mali that comprise the Sikasso Property. The exploration permits are located in three sites in southern Mali with a combined land holding of 1,173 sq. km. The Sikasso Property is located in the same region as several multi-million-ounce gold projects, including Morila, Syama, Kalana and Komana. The Company's Mali-based technical team, led in the field by Dr. Madani Diallo and under the supervision of Dr. Sandy Archibald, P.Geo, is conducting the current exploration program. They are examining numerous anomalies first noted in Dr. Archibald's August 2017 "National Instrument 43-101 Technical Report on the Sikasso Property, Southern Mali."
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
This news release contains "forward‐looking information" within the meaning of applicable securities laws, including statements regarding the Company's planned exploration work and management appointments. Readers are cautioned not to place undue reliance on forward‐looking information. Actual results and developments may differ materially from those contemplated by such information. The statements in this news release are made as of the date hereof. The Company undertakes no obligation to update forward‐looking information except as required by applicable law.
For further information, please contact:
| Compass Gold Corporation | Compass Gold Corporation | |
| Larry Phillips - Pres. & CEO | Greg Taylor - Dir. Investor Relations & Corporate Communications | |
| lphillips@compassgoldcorp.com | gtaylor@compassgoldcorp.com | |
| T: +1 416-596-0996 X 302 | T: +1 416-596-0996 X 301 | |
| Website: www.compassgoldcorp.com | ||
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
FAQ
What did Compass Gold (COGDF) announce on November 11, 2025 about Massala?
Does the Environmental Permit allow a processing facility at Massala for COGDF?
How much bulk sampling material has Compass extracted at Massala (COGDF)?
Has Compass (COGDF) received the final Small Mine Permit for Massala?
What is the next operational step for Compass after the Environmental Permit (COGDF)?
Where is the Massala project located for Compass Gold (COGDF)?
