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 including CNN, BBC, and CNBC. These publications have failed to do their [...]
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, 2021. amend the exercise term of 3,928,000 outstanding common share purchase [...]
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 and others virtually. The purpose of the socialization meetings was to [...]
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, skills training, educator assistance, and educational facilities and training [...]
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 ounces gold inferred resource between Binebase and Bawone villages over a [...]
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 Inspiration Mining Corp. North American which produced over 3 million tonnes of coal per year in US [...]
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 Company. The Plan is not being adopted in response to any specific [...]
Baru Gold Corp. | is pleased to announce that the Ministry of Energy and Mineral Resources has upgraded its Sangihe Gold Project Contract of Work to Operation Production status after a three month delay due to the Covid-19 pandemic in Indonesia. This licence provides Baru Gold with the rights to operate precious metal mines on 42,000 hectares on Sangihe Island, of which only 10% of the area has been geologically explored [...]
Baru Gold Corp. is pleased to announce the appointment of Mr. Joseph Keane to the board of directors. Mr. Keane has held numerous engineering, technical, and managerial positions in the mineral industry worldwide, including positions with Chile Exploration Company in Chile, Molycorp in New Mexico, and Pincock, Allen & Holt. From 1982 to 2005, Mr. Keane was President and Principal Metallurgical Engineer with KD Engineering [...]
Baru Gold Corp. | is pleased to announce the management engineering team has mobilized to the project site on Sangihe Island, Indonesia. Mr. Garry Kielenstyn, COO Sangihe Gold Project and Mr Fatchil Amal, Mine Technical Manager join the balance of the core team already on the island. In the near-term, the team will focus on office and site setup, hiring of construction personnel and procurement of construction materials [...]
Vancouver, B.C. - Baru Gold Corp. is pleased to announce that it has received approval from the OTC Markets Group to begin trading on the OTCQB Venture Market under the ticker symbol "BARUF" at the open of markets on January 22, 2021. The Company currently trades on the TSX Venture Exchange under the ticker symbol "BARU" and on the Frankfurt Exchange under the symbol WG3N. A further listing on the OTCQB broadens the [...]
Baru Gold Corp. is pleased to update stakeholders on the progress made by Martin Jati Lawyers on the land acquisition process previously announced August 22, 2020. The land acquisition survey has allowed the Baru team to identify the area of interest around the Sangihe gold project based on recommendations and analysis from Baru COO Garry Kielenstyn and Chief Geologist Frank Rocca in Indonesia. The land acquisition team [...]
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