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Baru Gold Corp. Secures Reclamation Bond for Sangihe Gold Project in 2025
VANCOUVER, B.C. — July 29, 2025 — Leads & Copy — Baru Gold Corp. and its subsidiary PT. Tambang Mas Sangihe have secured a reclamation bond for the Sangihe Gold Project for the 2025 calendar year. The bond, an annual requirement, provides financial security for reclamation and environmental restoration of the company’s operational activities.
The reclamation bond is required following the Company’s acceptance of the approval to Production Operations. The reclamation bond clears the way for immediate commencement of operations upon formal issuance by the Indonesian Ministry of Energy and Mineral Resources.
Terrence Filbert, CEO of Baru Gold, anticipates receiving approval for Production Operations soon and affirms the company's financial strength to start operations while pursuing further funding from Quantum Metal Thailand.
The Sangihe Gold Project is located on Sangihe Island, Indonesia, with a gold-bearing area of approximately 25,000 ha. Baru holds a 70-percent interest in the Sangihe-mineral-tenement Contract of Work through PT. Tambang Mas Sangihe.
Terry Filbert, Chairman and Chief Executive Officer, info@barugold.com, 604-684-2183.
Kevin Shum, Investor Relations, kevin@jeminicapital.com, 647-725-3888 ext. 702.
Source: Baru Gold Corp.