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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 26, 2020 9:41pm
133 Views
Post# 32184499

RE:Status

RE:StatusKing king has shown they can be responsible miners. They are isolated certified and have been thoroughly trained in tsm. The project is too large to be ignored and would be a huge employer and tax creator. Also I feel it would be much easier on the environment to have 3 large projects that can be be easily regulated. The government has taken then steps to crack down on the small illegal operations which are the ones funding terrorists and mass human rights violations. By making mining mainstream once again they can control its impact through regulations while having huge economic benefits.
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