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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 brodeuron Sep 01, 2024 12:34am
574 Views
Post# 36204417

Baru.v - Indonesia next regime: pro mining

Baru.v - Indonesia next regime: pro miningBack to the post about Baru.v opening 70% of TMS the local company in Indonesia that owns the Sangehi project (200k oz gold, 10% drilled) and likely Miwah (3.14m oz gold + 8.9m oz silver), with the next presidential government pro mining, the first thing they likely will do is give ample opportunity to local companies to grow and show the world Indonesia is back to pro mining.

They could likely care less about a Canadian company listed on the tsxv. But since we own 70% of TMS, whatever happens with TMS, Baru is going to benefit. 

I think this is a sleeper and going to be a huge success for Baru.
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