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Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

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.


TSXV:BARU - Post by User

Bullboard Posts
Post by jim_nasium99on Aug 06, 2010 6:39am
946 Views
Post# 17327244

In the NEWS!

In the NEWS!~~~~~~~~~~~~~~~~~~~~~

East Asia Minerals Corp (C-EAS) - News Release

East Asia serves Northern Miner with libel notice

2010-08-06 05:13 ET - News Release
Shares issued 72,295,627
EAS Close 2010-08-05 C$ 5.43

Mr. Michael Hawkins reports

EAST ASIA MINERALS SERVES LIBEL NOTICE ON NORTHERN MINER

East Asia Minerals Corp. delivered a legal notice today to the Northern Miner newspaper over a recent article which made defamatory and misleading accusations concerning the company's disclosures about Indonesian property currently under exploration.

In a statement released today, chief executive officer and president Michael Hawkins said: "We are extremely disappointed that the Northern Miner published misleading information about our disclosure practices in a prominent article on its website about protected forest in Indonesia. We have asked the newspaper to do the right thing, retract its erroneous accusation that we failed to tell shareholders about the status of the property, and acknowledge that East Asia Minerals made timely and complete disclosure starting nearly three years ago."

In a letter sent to the Northern Miner, the company expressly reserves the right to file a libel lawsuit to recover damages from the Northern Miner for injury to reputation and financial loss.

We seek Safe Harbor.

Bullboard Posts