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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 shawshank2on Dec 18, 2020 4:03pm
94 Views
Post# 32142273

RE:The King King yearly production

RE:The King King yearly production
Bandmanblues wrote: 236,169 oz of gold @1900/oz 138,000,000 lbs copper@3.55/lb. 506,504 oz of silver@25.85/oz Grand total of $951,714,228.00 Per year for 22 years. Add corrections if I'm off.


Looks close to what I got. And it seems like copper prices are about to explode with gold. Imagine buying one of the biggest mines in the world for .09c??? We will look back and laugh
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