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 > Ask razor-thin

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Comment by Bvukmanicon Jan 31, 2021 12:36am

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RE:RE:RE:Ask razor-thin

Approximately half (at most) of the resource at Sangihe is oxidized - luckily they have a lot of exploration potential and RC drilling/assaying is cheap. Would still like guidance about the sulphides, and a clear costed plan to becoming a 50k+ ounce/year producer.

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