Baru Gold Establishes Regional Logistics Hub to Support Production Operations on Sangihe

Core Viewpoint - Baru Gold Corp. has established a new regional office in Manado, North Sulawesi, to enhance operational capabilities and logistics for the Sangihe Gold Project, facilitating efficient coordination and preparation for production activities [1][6]. Group 1: Office Establishment and Strategic Location - The new office in Manado will serve as a central hub for logistics, administration, and operational staging as the company prepares for production at the Sangihe Gold Project [1]. - Manado's strategic location provides vital logistical advantages, including frequent sea and air connections to Sangihe Island, enabling efficient movement of equipment, supplies, and personnel [2]. - The presence of regional and provincial government agencies in Manado allows for consistent engagement with local authorities, ensuring smooth administrative coordination [3]. Group 2: Operational Coordination and Logistics - The office facilitates coordination with partners and suppliers across Indonesia, with direct air links to Jakarta and other major cities, as well as international connections to hubs like Singapore [4]. - Full-time staff from the new office are managing essential support functions, including equipment mobilization, procurement, and logistics coordination, with personnel already deployed to Sangihe Island [5]. Group 3: Project Overview - The Sangihe Gold Project is located on Sangihe Island, covering a gold-bearing area of approximately 25,000 hectares, with only 10% explored to date [6]. - The project has an existing National Instrument 43-101 report suitable for mining planning and production schedules for an area within the targeted 65 hectares for initial production [6]. - Baru Gold holds a 70% interest in the Sangihe mineral tenement Contract of Work, with a 30% interest held by other Indonesian corporations, and has met all government requirements, including obtaining an environmental permit [7].