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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 Lizardslayeron Aug 24, 2024 3:47pm
123 Views
Post# 36194831

Permitting

Permitting I'm new to this board and betting on baru, but whats the likelihood of them getting this permit (tough question)? My very biased opinion is that it would be pretty stupid for the governement to say no especially with rising gold prices. 

I  also saw an article saying indonesia is adding nickel parks and that they would expiditing permitting and help out with finanancing these projects. You would think this view would tranfer over to gold minning? 
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