BARU
BARU GOLD CORP
stock CVE

$BARU - Baru Gold’s Untapped Gold Bonanza: 90% of Sangihe Still Unexplored!
I’m back with aupdate on Baru Gold Corp (TSXV:BARU) after digging into their June 2025 investor deck (link: [https://barugold.com/site/assets/files/5710/june\_2025\_2.pdf](https://barugold.com/site/assets/files/5710/june_2025_2.pdf)). If you thought the $100M QMT deal was big, wait till you hear about the massive unexplored potential at their Sangihe Gold Project. At $0.11/share and a $34.86M market cap, this junior miner is screaming upside! Let’s dive in:
* 90% Unexplored Gold Potential: Baru’s Sangihe Project (42,000 hectares, 70% owned) has only had 10% of its gold-bearing area explored, yet it already boasts an NI 43-101 resource of 266,000 oz gold (114,000 indicated + 91,000 inferred) and 3M oz silver (1.93M indicated + 1.08M inferred) at Binebase and Bawone deposits. That’s just the start—23 new structural targets (e.g., Rome, Canberra East, Kingston) show bonanza-grade samples like 72 g/t gold and 97 g/t silver over 0.15m at Rome. With only 65 hectares targeted for initial production, the other 25,000+ hectares could be a gold mine (literally)
* $100M QMT Funding Rocket: Announced May 15, 2025, Baru’s binding agreement with Quantum Metal Thailand (QMT) for up to USD $100M (starting with $30M) is a game-changer. QMT, a gold e-commerce giant with 1M+ members, offtake deals with global mines, and ties to Perth Mint and Brinks, is bankrolling Sangihe’s heap leach operation to produce 1,000 oz/month gold, scaling to 4,000 oz/month. QMT gets 19% equity and 20% of gold output until repaid, aligning interests without crushing shareholders. This deal could fund exploration of those untouched 90% of targets, potentially unlocking millions more ounces
* Production Nearing + Miwah Wildcard: Sangihe’s heap leach is ready to roll, with land taxes paid, environmental permits secured, and final production permits imminent (potentially Q4 2025). The initial 65-hectare site targets low-cost, near-surface gold (85% recovery rate). Meanwhile, Baru’s Miwah project (Aceh) sits on a historical 3.14M oz gold resource—once valued at $600M market cap with Sprott backing. It’s on hold but could be a massive future catalyst if Indonesia’s mining policies loosen.
* Why It’s Juicy: At $0.11, Baru’s $34.86M market cap is dirt cheap for a near-production junior with 266k oz already defined and 90% of the property unexplored. The QMT deal de-risks funding, and insider buying (Shidan Murphy grabbed 1.17M shares for $100K, owning 31M+) shows confidence. Gold prices near all-time highs and Indonesia’s mining-friendly shift (PT Arsari Tambang’s ties to the new PM’s brother) add rocket fuel.
* Risks: Penny stocks are a rollercoaster—permitting delays, QMT due diligence (ongoing in Thailand), or Indonesia’s political curveballs could hit. Dilution’s a concern with financings, and Miwah’s on ice for now. But with QMT’s cash and Sangihe’s low-capex setup, the risk/reward looks insane!
This deck has me hyped—90% unexplored land, $100M funding, and production around the corner? BARU could be a multi-bagger if they nail it. What’s your take? Anyone digging into the new targets or QMT’s role? Let’s hear it, and always DYOR!

$BARU - Baru Gold’s Untapped Gold Bonanza: 90% of Sangihe Still Unexplored!
I’m back with aupdate on Baru Gold Corp (TSXV:BARU) after digging into their June 2025 investor deck (link: [https://barugold.com/site/assets/files/5710/june\_2025\_2.pdf](https://barugold.com/site/assets/files/5710/june_2025_2.pdf)). If you thought the $100M QMT deal was big, wait till you hear about the massive unexplored potential at their Sangihe Gold Project. At $0.11/share and a $34.86M market cap, this junior miner is screaming upside! Let’s dive in:
* 90% Unexplored Gold Potential: Baru’s Sangihe Project (42,000 hectares, 70% owned) has only had 10% of its gold-bearing area explored, yet it already boasts an NI 43-101 resource of 266,000 oz gold (114,000 indicated + 91,000 inferred) and 3M oz silver (1.93M indicated + 1.08M inferred) at Binebase and Bawone deposits. That’s just the start—23 new structural targets (e.g., Rome, Canberra East, Kingston) show bonanza-grade samples like 72 g/t gold and 97 g/t silver over 0.15m at Rome. With only 65 hectares targeted for initial production, the other 25,000+ hectares could be a gold mine (literally)
* $100M QMT Funding Rocket: Announced May 15, 2025, Baru’s binding agreement with Quantum Metal Thailand (QMT) for up to USD $100M (starting with $30M) is a game-changer. QMT, a gold e-commerce giant with 1M+ members, offtake deals with global mines, and ties to Perth Mint and Brinks, is bankrolling Sangihe’s heap leach operation to produce 1,000 oz/month gold, scaling to 4,000 oz/month. QMT gets 19% equity and 20% of gold output until repaid, aligning interests without crushing shareholders. This deal could fund exploration of those untouched 90% of targets, potentially unlocking millions more ounces
* Production Nearing + Miwah Wildcard: Sangihe’s heap leach is ready to roll, with land taxes paid, environmental permits secured, and final production permits imminent (potentially Q4 2025). The initial 65-hectare site targets low-cost, near-surface gold (85% recovery rate). Meanwhile, Baru’s Miwah project (Aceh) sits on a historical 3.14M oz gold resource—once valued at $600M market cap with Sprott backing. It’s on hold but could be a massive future catalyst if Indonesia’s mining policies loosen.
* Why It’s Juicy: At $0.11, Baru’s $34.86M market cap is dirt cheap for a near-production junior with 266k oz already defined and 90% of the property unexplored. The QMT deal de-risks funding, and insider buying (Shidan Murphy grabbed 1.17M shares for $100K, owning 31M+) shows confidence. Gold prices near all-time highs and Indonesia’s mining-friendly shift (PT Arsari Tambang’s ties to the new PM’s brother) add rocket fuel.
* Risks: Penny stocks are a rollercoaster—permitting delays, QMT due diligence (ongoing in Thailand), or Indonesia’s political curveballs could hit. Dilution’s a concern with financings, and Miwah’s on ice for now. But with QMT’s cash and Sangihe’s low-capex setup, the risk/reward looks insane!
This deck has me hyped—90% unexplored land, $100M funding, and production around the corner? BARU could be a multi-bagger if they nail it. What’s your take? Anyone digging into the new targets or QMT’s role? Let’s hear it, and always DYOR!