Business
East Asia Minerals Restarts Indonesian Operations
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2017) - East Asia Minerals Corporation...
About this update from Baru Gold Corp
[{"type":"text","content":"East Asia Minerals Restarts Indonesian OperationsVancouver, British Columbia--(Newsfile Corp. - June 13, 2017) - East Asia Minerals Corporation (TSXV: EAS) (the \"Company\"), CEO, Terry Filbert provides a report after his initial trip to Indonesia.A team has been secured to bring the Sangihe project to the production license stage. Our efforts include the hiring of Frank Rocca as chief geologist. Mr. Rocca previously worked on both the Sangihe and Miwah projects for the Company, which allows the Company to immediately conduct the Feasibility Study and manage the AMDAL environmental report process for the Sangihe project. Mr. Rocca has over 25 years of experience in international exploration and mine development, including Indonesia, Australia, Africa, USA, and Chile. Mr. Rocca earned a Bachelor of Applied Science in Geology from Curtin University of Technology, Perth, Western Australia. Mr. Rocca is a member of the Australian Institute of Mining and Metallurgy with 12 years of experience in NI43-101 compliant Resources and Reserves reporting. The Company has appointed two Indonesian resident directors, Mr. Juangga Mangasi and Mr. Garry Killenstyn to the Board of Directors of our Indonesian subsidiary, Tambang Mas Sangihe which hold's the Company's 70% interest in the Sangihe project. Both Mr. Killenstyn and Mr. Mangasi have decades of mining experience in Indonesia. The Company has hired the initial employee team that will endeavor to bring the Sangihe project towards a positive production decision, currently projected to be early 2018.The Company has retained the services of the Armila Law Offices, located in Jakarta, to serve as the Company's legal representative in Indonesia and its representative to the Federal Indonesian Mining Department. Armila Law Offices is a leading Indonesian mining law firm specializing in providing legal advice to mining companies holding both IUP and CoW mining licenses and operations in Indonesia. The Company has established its new Indonesian office headquarters at the Noble House Office complex in the Mega Kumingan area of Jakarta. The Company has successfully negotiated an agreement with RT. Resindo Mining, an Indonesian consulting firm, to conduct the Feasibility study and manage the AMDAL environmental report process for the Sangihe project. Once the Sangihe project Feasibility Study and...