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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

Post by shawshank2on Jan 03, 2021 12:49pm
169 Views
Post# 32211634

Governments own mine bureau states

Governments own mine bureau statesThe lifting of the controversial ban on open pit mining will also provide the government with some P11 billion in annual revenues, benefiting half a billion people and creating 28,500 additional jobs. We have recommended the lifting of the ban and promoting alternative methods for new mining applications, as far as practicable and feasible, or when particularly inapplicable, strict environmental safeguards shall be imposed, Heradez said.
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