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October 7, 2025 TheNewswire - VANCOUVER, B.C. - Baru Gold Corp. (BARU: TSX.V | BARUF: OTCQB) ("Baru") and its subsidiary PT. Tambang Mas Sangihe ("TMS" or the "Company") is pleased to announce the opening of its new regional office in Manado, North Sulawesi.
The Manado office will serve as the Company's central hub for logistics, administration, and operational staging as Baru Gold advances preparations for production at the Sangihe Gold Project.
Manado's strategic location provides a vital gateway to Sangihe Island and a combination of logistical advantages to the Company. The city offers frequent sea and air connections to Sangihe , enabling efficient movement of equipment, supplies, and personnel between the mainland and the project site.
Manado is home to several regional and provincial government agencies with which the Company must interact regularly for reporting, and compliance matters. Establishing a permanent office in the city allows the Company to maintain consistent engagement with local authorities and ensure smooth administrative coordination as operations progress.
Beyond its regional accessibility, Manado's direct air links to Jakarta and other major Indonesian cities , facilitates coordination with partners and suppliers across the country. The city also maintains international flight connections to key hubs, including Singapore , which provides the Company with easy access to global logistics networks, investors, and technical expertise.
From its new office, Baru Gold's full-time staff are managing essential support functions including equipment mobilization, procurement, and logistics coordination. Operational and staging personnel have already been deployed from Manado to Sangihe Island , where they are now living full-time in preparation for the start of on-site production activities.
Mr. Terrence Filbert, CEO of Baru Gold, commented, " Establishing a permanent presence in Manado strengthens our operational capabilities and ensures efficient coordination between our mainland and island teams. From this location, we can efficiently coordinate logistics between Jakarta, Sangihe, and international partners. This move enhances our ability to operate efficiently as we advance into production with full operational support. "
ABOUT SANGIHE GOLD PROJECT
The Sangihe Gold Project ("Sangihe") is located on the Indonesian island of Sangihe, off the northern coast of Sulawesi with a gold bearing area of approximately 25,000 ha. Sangihe has an existing National Instrument 43-101 report suitable for mining planning and production schedules for an area within the 65-ha area targeted for initial production. See the Company's " Independent Technical Report on the Updated Mineral Resource Estimates of the Binebase and Bawone Deposits, Sangihe Project, North Sulawesi, Indonesia " ( Mining Associates Pty Ltd , February 1st, 2025). Only 10% of the gold bearing area has been explored.
Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. The Company intends to proceed to production without the benefit of first establishing mineral reserves supported by a feasibility study. The Company cautions readers that the any production decision made by the Company will not be based on a NI 43-101 feasibility study of mineral reserves that demonstrates economic and technical viability and as such, there may be involved increased uncertainty and various technological and economic risks
The Company's 70-percent interest in the Sangihe-mineral-tenement Contract of Work ("CoW") is held through PT. Tambang Mas Sangihe ("TMS"). The remaining 30-percent interest in TMS is held by other Indonesian corporations. The term of the Sangihe CoW agreement is 30 years upon commencement of the production phase of the project. Baru has met all the requirements of the Indonesian government and has been granted its environmental permit.
ABOUT Baru Gold CORP.
Baru Gold Corporation is a dynamic junior gold developer with NI 43-101 gold resources in Indonesia, one of the top ten gold producing countries in the world. Based in Indonesia and North America, Baru's team boasts extensive experience in starting and operating small-scale gold assets.
On behalf of the Board of Directors
Baru Gold CORP.
"Terry Filbert"
Terry Filbert
Chairman and Chief Executive Officer
info@barugold.com
604-684-2183
For investor contacts more information, please contact:
Kevin Shum
Investor Relations
kevin@jeminicapital.com
647-725-3888 ext. 702
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning future work programs, results and timing of any work programs, the Company's performance or events as of the date hereof. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, and other relevant conversion factors, permitting and licensing risks; general market and mining exploration risks and production and economic risks related to design and engineering, manufacturing, technological processes and test procedures and the risk that the project's output will not be salable at a price that will cover the project's operating and maintenance costs. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after the date hereof.
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