Compass Gold intersects 8.35 m @ 2.82 g/t Au at Massala

Positive Results to be Incorporated into Plan for Initial Production at Massala

Toronto, Ontario--(Newsfile Corp. - August 5, 2026) - Compass Gold Corp. (TSXV: CVB) (Compass or the Company) is pleased to report the positive assay results from the recently completed 42-hole diamond drilling program at the Massala prospect, located on the Company's Sikasso Property in Southern Mali ( Figure 1 ).

Highlights

Drilling tested a 340 m mineralized zone along the approximately 3 km Tarabala fault within the Massala Small Mine Permit application area

Drilling intercepted gold mineralization in all 13 sections drilled, showing the structure is present over the entire strike length and remains open down-dip (at depth)

Widest interval and highest grade of gold mineralization is the previously reported 18 m at *4.99 g/t Au (from 17.3 m), including 3.8 m @ *21.94 g/t Au (from 31.5 m) with 0.8 m @ >100 g/t Au (from 34.5 m) ( Figure 2 )

Widest mineralization from the new assays is 8.35 m @ 2.82 g/t Au (from 24.5 m), including 3.3 m @ 5.07 g/t Au

These results will be reviewed as part of the planning for initial production at Massala

Compass CEO, Larry Phillips, said, "These assay results show that gold mineralization is present along the entire 340 metres of the tested structure. This zone represents just 10% of the Massala fault structure contained within the Massala Small Mine permit application area. It is also significant that we have identified gold mineralization wider than 6 m in several sections, with grades up to 2.82 g/t Au. Our widest interval remains 18 m @ 4.99 g/t Au, which we reported in May 2026, and includes a 0.8 metre interval containing visible gold. We are currently determining what additional work may be warranted prior to the issuance of the Small Mine Permit."

Dr. Sandy Archibald, PGeo, Technical Director , added, "We're encouraged to