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 3baron Aug 10, 2010 6:22pm

318 Views

Post# 17339234

RE: Could be economic .

Just to clairify " it will need more drill holes with those long intercepts and the deposit at surface to be economical " .

It will also need the grade of Au and Copper to be close to 1 % ore in order for it to be economic . The drill hole gave some indication that it may be on the edge of the deposit so better grades may show up .

The greater the tonnage the lower the grade they can play with . If the upper and lower zones are connected near surface then they will have a big deposit .

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