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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 3baron Aug 17, 2010 7:39pm
576 Views
Post# 17359251

Hope zubr is around to see 01 & 37b .

Hope zubr is around to see 01 & 37b .01 is being drilled into about the middle of 24 which because of a small rig did not find total depth of ore . Ended in mineralization at 209 m ,  graded 3.96 over 111 m with the final 22 m grading 15.74 g/t .  Could be a barn burner .

24 is not quite as far North as 33 . That hole was over 349 m . Could 24 show that much if it had the large rig ?

37b is being drilled from about center of 33 back into the Main Bluff .  33 did 349.6 m .  On july 27 they said it was at 275 m  still drilling and had hit 194 m of visually altered rock .

So as zubr noted in post 28404770 the deposit is getting deeper to the North and Moon River .

These 2 holes could send this stock on a tear leading  to new highs  with more holes .

Not understood and very much undervalued ?
Bullboard Posts