Baru Gold's Role in Environmental Monitoring Highlighted on Sangihe Island

Core Insights - Baru Gold Corp. acknowledges a report documenting environmental impacts from illegal mining on Sangihe Island, utilizing baseline data collected by the company to measure changes in ecosystem health [1][3][4] Environmental Impact - The report confirms significant increases in heavy metals such as arsenic, lead, and mercury in water and sediment due to illegal mining activities, primarily occurring in 2023 [3] - Damage includes extensive harm to mangroves and coral reefs, elevated heavy metal contamination, and potential health risks for local communities [3] Baseline Data and Regulatory Compliance - The company conducted comprehensive pre-mining environmental sampling to obtain its environmental permit (AMDAL), establishing baseline conditions required by Indonesian law for post-mining restoration [2][4] - The availability of baseline data has been crucial for understanding the extent of damage caused by unregulated activities [4] Local Community Support - Local residents have expressed support for the company's operations, recognizing the difference between regulated mining and illegal activities, which they see as destructive and economically unbeneficial [5] - The company aims to replace illegal mining with sustainable operations that promote shared prosperity [5] Project Overview - The Sangihe Gold Project covers approximately 25,000 hectares, with only 10% explored, and has an existing National Instrument 43-101 report for mining planning [6] - The company holds a 70% interest in the Sangihe mineral tenement Contract of Work (CoW), with a 30-year agreement upon production commencement [8] Company Profile - Baru Gold Corporation is a junior gold developer with NI 43-101 gold resources in Indonesia, leveraging extensive experience in small-scale gold asset operations [9]