St Augustine Gold and Copper Ltd T.SAU

Feasibilty study complete and approved for King King

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May 19 - 2021 (wednesday) MINES & GEOSCIENCES BUREAU AUDIT FINDS KINGKING MINING CORPORATION COMPLIANT

The MGB Region XI of the Department of Environment and Natural Resources (DENR) recently conducted the Annual Tenement - Mine Safety, Health, Environment and Social (TSHES) inspection of Kingking Mining Corporation (KMC). The aim of the annual audit is to check on the project’s compliance with the government standards on responsible mining. The areas covered by the audit were the project’s tenement, human resource, environmental programs, health and safety and social/community programs. The MGB found KMC to be compliant with the terms and conditions of the MPSA based on the conducted TSHES Monitoring for the previous year. https://www.facebook.com/KingkingProject/

[Hcgfllkp]

This is not a Bankable Feasibility Study

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agree to disagree ... buying more

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Look again... https://mgb.gov.ph/about-us/mandate-and-functions  - they are responsible for FINAL evaluation ... Mine Safety, Environment and Social Development Division. The Mine Safety, Environment and Social Development Division (MSESDD) shall conduct the final evaluation/review, audit of the implementation and Research and Development for the enhancement of programs on

[Hcgfllkp]

A Bankable Feasibility Study includes the economics, or not, of the mine. Roy Cimatu said to be approved, a Feasibility Study: -should show that the cost to develop the mine can pay for all the costs related to the mining operation including operating cost, administration overhead, and milling cost if there is a processing plant, environmental cost, social development cost, and safety and health

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https://www.sagcmining.com/wp-content/uploads/2014/01/news041911.pdf Ok - you wait for the your "bankable" study - I have mine. Enjoy  paying 5x the share price when you're "ready". Besides, a feasibility study was done ages ago 2012 - then we were shut down since 2017. Do I have to do everything for you ? haha 

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Current feasibility study here - in the March 2021 MD&A - enjoy the read https://www.sagcmining.com/wp-content/uploads/2021/05/March-2021-MDA.pdf

[Hcgfllkp]

SAU did a Preliminary Feasibility Study in 2012. Their home page says they are now working on a Feasibility Study - that Cimatu says is required.

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Yes - see previous post - I dug a little deeper, you should too )) - KK is not a "NEW" mine .. my understanding through much research is that we have full approval to mine with one exception - we are open pit. Just waiting on the open pit ban to be removed .. bye for now

[Hcgfllkp]

A positive Bankable Feasibility Study will also be needed to raise the $2 Billion from investors needed to bring the mine into production

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OK - and with all due respect ...now you're just being ridiculous. I've already made a great return on SAU and there is much more to come shortly. I hope your "study" satisfies all of your needs in time for you to get in here. A majority of people are waiting for the ban to lift not a feasibility study - do you really think SAU wouldn't have had it iprepared already (is

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Also - as per your link, I believe you are confusing "NEW" mine approval with King King's ban on open pit mining -  as per your link it reads "Despite President Rodrigo Roa Duterte's decision to lift the moratorium on NEW mining operations" etc, etc. ....also, KK has had multiple feasibility studies completed including one in March 2021, you just thave to know