Baru Gold Corp. or the | is pleased to announce, it has now approved the budget, signed the drilling contract, and embarked on a 25,000-meter drilling program. This Resource Development program will incorporate the use of a track mounted Reverse Circulation drilling rig and is expected to take 12 months to complete. The Company has selected [...]
Baru Gold Corp. or the is excited to announce it has acquired the majority of the Phase One land targeted to start the initial mining production process per the mining plan previously announced in the news release on April 21st, 2021 - Land Acquisition Process. A majority of the Phase One land acquisition has been secured and the acquisition of the [...]
Baru Gold Corp. wishes to provide an update regarding a recent lawsuit filed in Jakarta against the Ministry of Energy and Mineral Resources of the Republic of Indonesia. On August 19, 2021, an initial hearing was held pursuant to the proceedings. Baru Gold was not named in the lawsuit, but the Company is proactively and vigorously supporting the [...]
Baru Gold Corp. is pleased to announce the appointment of Mr. Colin James Davies to the board of directors. Mr. Davies is a senior mining executive with broad-based international experience in business development, corporate acquisitions, strategic and business planning, general management, knowledge databases, information technology, budgeting [...]
Baru Gold Corp. wishes to provide an update to stakeholders and investors on the recent COVID-19 situation in Indonesia, its impact on operations, and updates on the Sangihe gold project. As of July 12th, 2021, Indonesia has reported more than 2.5 million cases overall with daily coronavirus infections ramping up to 50,000 cases. Compared to the [...]
Baru Gold Corp. wishes to update stakeholders and investors on recent rumours and negative media attention focused against Baru and its upcoming gold production project on Sangihe Island in North Sulawesi, Indonesia. In recent days, a Non-Government Organization has posed several serious allegations against Baru Gold through prominent media sources [...]
Baru Gold Corp. announces that subject to acceptance by the TSX Venture Exchange, the Company wishes to: amend the exercise term of 1,434,000 outstanding common share purchase warrants of the Company. The Warrants were originally issued on May 8, 2019. The exercise term of the share purchase warrants has been amended from May 8, 2021 to June 8 [...]
Baru Gold Corp. is pleased to provide an update on the land acquisition process and various meetings with stakeholders on the Sangihe gold project. SOCIALIZATION MEETINGS COMPLETED Socialization meetings took place between March 22nd and March 24th of this year. The meetings were well attended with over 131 attendees participating, mostly in person [...]
Baru Gold Corp. is pleased to report on its corporate social responsibility efforts to improve the community on Sangihe Island where the Company's gold project is located. The Company is in the early stages of implementing its CSR programs and has identified eight key community development directives: 1. EDUCATION which includes scholarships [...]
Baru Gold Corp. is pleased to announce that its Board of Directors has approved the 2021 annual budget which includes a 35,000-metre Resource Development drilling program targeted to start in mid-2021 and run for 13 months until completion. The initial area targeted for this drilling is covered in the Sangihe 2010 NI 43-101 which identified 835,000 [...]
Baru Gold Corp. is pleased to announce the appointment of Mr. John J. Ellis to the Company's the Board of Directors. Mr. Ellis is a mining executive and engineer with significant experience in operations, open pit, start up management and capital markets over the last 50 years. From 1980's he was Senior Vice President for [...]
Baru Gold announced that its Board of Directors has approved a new shareholder rights plan pursuant to a shareholder rights agreement between the Company and Computer Trust Company of Canada as rights agent, effective immediately. The Plan has been adopted to ensure the fair treatment of all shareholders in connection with any take-over bid for the [...]
