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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

Comment by WellyPopon Jul 02, 2021 9:48am
143 Views
Post# 33481395

RE:FROM A FRIEND AT CEO.CA

RE:FROM A FRIEND AT CEO.CAthe last PARAGRAPH : 

The letter issued by the Minister of Energy and Mineral Resources number 163.K/MB.04/DJB/2021 in January 2021 was in accordance with the environmental permit from the North Sulawesi Provincial Government.

PT Tambang Mas Sangihe itself is a subsidiary of Baru Gold Corp, a Canadian company formerly known as East Asia Minerals. According to the company's official website, Baru Gold Corp. is a Canadian public mineral resource exploration company that focuses on developing precious metal production projects in Indonesia.

 
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