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St Augustine Gold and Copper Ltd T.SAU

Alternate Symbol(s):  RTLGF

St. Augustine Gold and Copper Limited is a Singapore-based mineral exploration company. The Company is focused on the King-King copper-gold project on the island Mindanao in the Philippines. The King-king tenement is comprised of approximately 184 mining claims that are owned by Nationwide Development Corporation (NADECOR). The Project is a copper-gold mineral reserve located at Sitio Gumayan, Barangay King-king, Municipality of Pantukan, Davao de Oro, on Mindanao Island, Philippines. Its deposit is a porphyry copper-gold deposit hosted primarily by porphyritic hornblende diorites, submarine volcanic rocks, and volcanoclastic sediments. The sulfide copper mineralization in the King-king deposit consists of chalcopyrite and bornite, with lesser amounts of chalcocite, digenite, and covellite.


TSX:SAU - Post by User

Comment by 7143309322on Feb 26, 2016 8:57pm
58 Views
Post# 24600846

RE:RE:Gold mine gets Cert to operate, starts 2017.largest in world

RE:RE:Gold mine gets Cert to operate, starts 2017.largest in world
BSmartStaycalm wrote:
Nadecor holds a mineral production and sharing agreement (MPSA) in the King-king mine, which is due for renewal next year...............................This is in your news article, so I would say they better get this moving and resolve their issues, SAU "may" be able to continue if the MPSA gets reallocated with the new holder, but it will be years again!
what does that mean can this go to zero !

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