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.

TSXV:BARU - Post by User

Baru Gold Corp

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Comment by goldnerdon Jan 16, 2023 5:07pm

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Post# 35226583

RE:RE:Looks like Baru Gold wins

Looks like your joy was pre-mature, mate. Your information is outdated. On January 12th, 2023 the Indonesian Supreme Court in its decision 140/B/2022/PT.TUN.JAK canceled Baru Gold's mining business permit. Automatically all related permits - including the environmental permit - forfeit, too. This ruling is final.
https://www.change.org/p/jokowi-sangihe-pulau-yang-indah-kami-tolak-tambang-savesangiheisland/w?source_location=petition_nav

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