The Sangihe mineral tenement consists of one block covering the southern half of Sangihe Island, located between the northern tip of Sulawesi Island (Indonesia) and southern tip of Mindanao (Philippines). Baru Gold has a 70% working interest in the tenements and is the operator with three Indonesian companies holding the remaining 30% interest combined. The Company's focus is on the Block known as the "Sangihe Project" which covers 42,000ha; this includes the Bawone, Binebase prospects on the eastern part of the island and Taware prospect in the south-central region with infrastructure in place.