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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Post by brodeuron Oct 28, 2023 11:13pm

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Post# 35706045

BARU.v - mining activities allowed on small island

Saw this article on the ceo board.
Despite attempts to bring "the small island" law to the forefront in asking the courts and ministry to prevent Baru from mining, this article from the Constitutional Court of the Republic of Indonesia says in numerous places throughout the article the following:

"the Management of Coastal Zones and Small Islands still allows for mining activities as long as all statutory regulations aimed at preserving the environment of small islands are still"

thus what else is there other than just continuous lawsuit attempts. This already says mining is possible on small islands. Enough said. Rest is just noise.

https://en.mkri.id/news/details/2023-10-18/Govt_Has_Good_Control_over_Small-Island_Mining#:~:text=1%20of%202014%20on%20the,energy%20resources%20in%20those%20islands

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