Baru Gold Corp V.BARU

Alternate Symbol(s): BARUF

Metals & Mining Gold

Baru Gold Corp. is a Canada-based junior gold developer with NI 43-101 gold resources in Indonesia. The Company is focused on developing and producing precious metals projects in Indonesia. The Company’s focus is on developing precious metals projects with significant resource upside potential and near-term production capabilities. The Company’s Sangihe Gold project mineral tenement consists of one block covering the southern half of Sangihe Island, located between the northern tip of Sulawesi Island (Indonesia) and the southern tip of Mindanao (Philippines). The Sangihe Project covers 42,000ha; this includes the Bawone, Binebase prospects on the eastern part of the island and Taware prospect in the south-central region with infrastructure in place. The Company has a 70% interest in the Sangihe project.

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Baru Gold Corp

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Comment by Kutubuon Jul 29, 2009 9:39am

183 Views

Post# 16174509

RE: RE: GREAT NEWS!

Guy’s it all sounds fantastic let’s see the drill results first. Secondly what is the forestry status on the permits any body know? If they don’t get the forestry restriction lifted you can kiss your grades good bye.

Restricted forestry areas on a mining lease is a thorn in the side sorry to say that but its a fact management has to have a plan to move forward screaming these high grades may close the project down.

Good Luck but handle it with TLC

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