Partner CGA mentions SAU in presentation
This CGA's recent presentation in Zurich
CGA produces gold in the Philippines on Masbate
https://www.gowebcasting.com/events/denver-gold-group/2011/04/15/cga-mining-limited/play/stream/2283
go to the 11 minute mark to hear about SAU and also the questions at the end
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KING-KING GOLD-COPPER PROJECT
Russel Mining & Minerals, has an earn-in of a 60% interest in King-King
King-King has a resource of 1 billion tonnes
Containing - US $30 billion of current in–ground metal value – M&I only
- 4.87 billion lbs of Copper, and
- 9.44M oz of Gold
- or 23.5M oz of gold equivalent
Producing - 1.1M oz gold equiv units pa (average first 5 yrs)
- Equivalent gold grade for first 5 yrs – 1.2 g/t gold equiv
- Gold production alone (average yrs 2 to 5) 628,000 oz pa
- Annual copper production of 236M lb pa (average first 5 yrs)
Advanced Project - with 90,000m core and NI 43-101 completed,
- next step BFS & construction
Strategic alliance with CGA Mining - experience in the Philippines
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