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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 7:29pm
124 Views
Post# 32145737

RE:Bottom Line

RE:Bottom Line
FredZarfloon wrote: If the Philippine is prepared to allow an offshore mining company to destroy the ocean floor in a sensitive marine area for 40 +  years, they should have no problem opening up King-King.  

https://www.philstar.com/headlines/2020/12/14/2063770/offshore-mining-cagayan-feared-put-endangered-marine-life-risk



Companies have shown they have changed their approach to being responsible and his excellence duterte has made it clear he will not allow abuse by companies. Time to allow mining again
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