(TheNewswire)
TheNewswire October 3, 2025 - Baru Gold Corp. (BARU: TSX.V | BARUF: OTCQB) ( "Baru") and its subsidiary PT. Tambang Mas Sangihe ("TMS" or the "Company") acknowledges a recently published report by a local university on Sangihe Island, which documents the environmental impact caused by unregulated and illegal mining activities. Importantly, the study relies on baseline environmental data collected by the Company, as a benchmark for measuring changes in water, soil, and ecosystem health on the island.
The Company undertook comprehensive pre-mining environmental sampling as part of the process to obtain its legally required environmental permit (AMDAL). These baseline measurements establish valid records of conditions before mining begins. The reason for establishing baseline conditions is simple: Indonesian law requires that once mining is concluded, the Company must restore the environment to the baseline state in which it was found.
The authors of the report were able to use the Company's baseline measurements to confirm recent sampling showed significant increases in heavy metals such as arsenic, lead, and mercury in water and sediment in the area of illegal mining activities. The vast majority of this damage occurred in 2023, when illegal miners were active and operating outside of regulatory oversight and without any environmental considerations. The report also highlights extensive damage done by illegal miners to mangroves and coral reefs, elevated heavy metal contamination, and potential health risks for local communities.
The availability of Baru's baseline data has been critical to understanding the extent of damage by unregulated activity on the island. By making its environmental data available, the Company demonstrates its commitment to transparency, science-based monitoring, and long-term stewardship of Sangihe's natural resources.
Mr. Terrence Filbert, CEO of Baru Gold, commented, "Our Company has heard directly from organizations and individuals across Sangihe who are appealing for the resumption of our operations to combat high unemployment and low wages while protecting their environment. Locals have firmly rejected unregulated and illegal mining, now recognizing that such activities provide no economic benefits and leave behind only destruction. Residents understand the difference between destructive, unregulated operations and Baru Gold's permitted, monitored, and accountable approach. This growing awareness has strengthened local support for Baru's project as the only pathway to achieve both economic opportunity and environmental protection on the island."
Baru Gold will be sharing the information in report with the relevant departments within Indonesia's Ministry of Energy and Mineral Resources. The Company believes that rapid advancement to formal, regulated production is the only way to permanently end environmentally destructive illegal mining on the island and replacing them with sustainable, well-managed operations that create shared prosperity.
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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