Business
Baru Gold Provides Update on COVID-19 in Indonesia and Additional Corporate Updates
(TheNewswire) July 15, 2021 - TheNewswire - Vancouver, BC - Baru Gold Cor...
About this update from Baru Gold Corp
[{"type":"text","content":"Baru Gold Provides Update on COVID-19 in Indonesia and Additional Corporate Updates \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n July 15, 2021 - TheNewswire -\n \n \n Vancouver, BC - Baru Gold Corp (“Baru Gold” or the\n“Company”)\n \n \n (TSXV:BARU) (OTC:BARUF)\n \n \n wishes to provide an update to stakeholders and\ninvestors on the recent COVID-19 situation in Indonesia, its impact on\noperations, and updates on the Sangihe gold project.\n \n \n \n \n As of July 12\n \n \n th\n \n \n , 2021, Indonesia has reported more than 2.5\nmillion cases overall with daily coronavirus infections ramping up to\n50,000 cases. Compared to the winter peak of 11,000 new cases per day\nin January of 2021, the Delta and Lambda variants are significantly\nimpacting the spread of COVID-19 in Indonesia.\n \n \n \n \n The Indonesian government has implemented regulations,\nincluding Emergency Restricted Movements (PPKM Darurat), in many parts\nof the country, allowing travel for essential purposes only. Islands\nbeyond Java and Bali, the epicenter of the current outbreak, such as\nSangihe Island, are now under travel bans and emergency restrictions\nfrom 3 July to 20 July 2021. Additionally, many companies and service\nindustries have been temporarily closed in a bid to stem the spread of\nCOVID-19.\n \n \n \n \n UPDATE ON SANGIHE PROJECT\n \n \n \n \n The government response to the COVID-19 emergency is\ndynamic, changes daily, and is impacting the Company’s operations.\nThe team continues to make progress, however, Sanghie Island has not\nbeen spared from the increase in cases of COVID-19, and this has\nresulted in delays due to some of our stakeholders becoming infected\nand their need to recover in isolation.\n \n \n \n \n The Company is actively addressing COVID-19 protocols\nto keep staff and contractors safe, including working remotely where\npossible, wearing masks, and ensuring the team is on the priority list\nfor their second vaccinations. Conservatively, the Company expects\ntravel and medical delays to the end of this month. The Company will\nprovide further updates as information becomes available.\n \n \n \n \n WARRANT EXTENSION\n \n \n \n \n In light of the anticipated delays due to the spread of\nCOVID-19, Baru Gold announces that, subject to acceptance by the TSX\nVenture Exchange, the Company...