BARU GOLD Announces Addition to the Board and Grants Options
News Release
BARU: TSX.V | BARUF: OTCQB
November 17, 2025
BARU GOLD ANNOUNCES ADDITION TO THE BOARD AND GRANTS OPTIONS
Baru Gold Corp. (“ Baru” or the “Company ”) announces the appointment of Matthew Charles
Farmer to the Board of Directors.
Mr. Farmer is a senior exploration and mining executive with more than 30 years of experience
across Southeast Asia, Australasia, and the Americas. He has held leadership roles with major and
junior mining companies —including Newmont, BP Minerals, PanAust, and Tiberon Minerals —
and is recognized for his discovery track record, operational discipline, and ability to advance
projects from early exploration through development.
Mr. Farmer has made significant contributions to several world- class deposits, including Batu
Hijau, the Nui Phao polymetallic deposit, Mesel, Mt. Muro, and the Ban Houayxai extension. His
expertise covers the full exploration life cycle, with broad experi ence in managing large
multicultural teams, multimillion-dollar budgets, and complex technical programs.
Mr. Farmer’s experience in Indonesia is particularly extensive , spanning multiple regions,
commodities, and stages of project development. As Exploration Manager Indonesia for Sumatra
Copper and Gold, he led all exploration across South and West Sumatra, overseeing three
exploration projects and one major development project. Under his leadership, the team discovered
the high-grade Belinau underground resource, secured a joint venture with Newcrest at Lebong
Tandai, and supported successful fundraising on the LSE and ASX.
Earlier, during more than a decade with Newmont, Mr. Farmer held senior exploration roles across
Sulawesi, Kalimantan, and Nusa Tenggara. He managed major programs at the Mesel Mine, Lanut,
and Bakan deposits; supervised advanced drilling, geological model ing, and early development
studies; and contributed to generative work that supported Newmont’s Indonesian growth pipeline.
His time in Indonesia also included the early drilling phases at Batu Hijau, one of the region’s
largest copper-gold porphyry deposits.
Most recently, Mr. Farmer served as General Manager Exploration for Pan Australian, overseeing
exploration programs in Laos, Chile, and Papua New Guinea. He rebuilt discovery-focused teams,
delivered new gold- silver resources now under development, expande d near -mine gold- copper
inventories, and strengthened the company’s generative and data capabilities.
Baru Gold Corporation
9th Floor 1021 West Hastings St
Vancouver, BC V6C 1L6
www.barugold.com
His broader Southeast Asian career includes senior roles in Myanmar, Vietnam, Laos, and Papua
New Guinea, where he managed large technical teams, led commercial and joint venture
negotiations, and presented exploration strategies to boards and major institutional investors.
Mr. Farmer holds a B.Sc. in Geology from the University of Auckland and has completed executive
and technical programs at Stanford University and James Cook University. In addition to English
and Bahasa Indonesia, he has a working knowledge of Thai, Lao, French, and Vietnamese, and has
cultivated a wide network of government and industry contacts throughout Southeast Asia.
A New Zealand, British, and Australian national based in the region, Mr. Farmer brings to Baru
Gold a deep understanding of Indonesia’s geology, regulatory environment, and operating
landscape—along with a proven ability to deliver exploration results and advance projects toward
development.
Stock Option Grant
Subject to the approval of the TSX Venture Exchange , the Company has granted 300,000 stock
options to Mr. Farmer and an additional 950,000 stock options to director s, management and
employees of the Company in accordance with the provisions of the Company's stock option plan,
Each option entitles the holder to purchase one common share of the Company at an exercise price
of $0.06 for for a period of two years. The options are subject to a four month hold period from the
date of grant..
The Company also announce s that it has granted 1,800,000 stock options to an officer of the
Company in accordance with the provisions of the Company's stock option plan, Each option
entitles the holder to purchase one common share of the C ompany at an exercise price of $0.075
for a period of two years. The options are subject to a four month hold period from the date of grant.
ABOUT BARU GOLD CORPORATION
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 of mining and finance professionals boasts exte nsive experience in starting
and operating small-scale gold and coal assets. Baru is positioned to become Indonesia’s next gold
producer.
BARU GOLD CORPORATION
Per: “Terry Filbert”
Terry Filbert, Director
President & CEO
604-684-2183
For investor contacts more information, please contact:
Kevin Shum
Investor Relations
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 t he
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 subjec t 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 ri sks
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, perm itting
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.