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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

Post by nightowl21on Aug 21, 2021 2:19pm
176 Views
Post# 33745208

Miwah vs Sangihe

Miwah vs SangiheJust an observation,       Appears to me that locals /illegals have great influence 
over local gov’t and probable pay local Gov’t some type fee or payoff to continue
mining Sangihe! Whereas Central Gov’t has granted rights to Baru to go forward
with the mining license for our property to legally mine Sangihe! If that is the case
,,(maybe I am wrong)....but if that is the case this could be stalemated for a long
time unless Indonesia Gov’t steps in and takes control! Meanwhile Baru is caught
in the middle! Maybe the answer to this is to fastrack Miwah! If both the central
Gov’t and Baru would move toward approval it could be a Win /win ..and Sangihe
would not be in the Spotlight! I believe the numbers of illegals is pretty high...!
just wondering where we stand with Miwah! The problem with illegals is one of
reasons I moved on to other ventures but in Miwah was back in the picture
..I would be happy to re- invest!

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