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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 db2067on Jan 03, 2021 1:59pm
196 Views
Post# 32211831

RE:All in !! Recovery time

RE:All in !! Recovery time Wow, that is a heads-up, get ready, we are opening up a lot more mines shortly message. Adding up all the other mining news over the past months = mining revival is starting in the Philippines, this pretty much is a lock. That is great news for the people of the Philippines. I would love to see them have one of the leading copper processing industries over the next decade (https://business.inquirer.net/314517/phs-first-ecological-indl-zone-to-rise-in-leyte) Having the 5th largest mineral reserves in the world, this is definitely a huge value add for the Philippines. It will be equitable for the citizens (https://abolawfirm.com/house-bill-no-6135-the-proposed-fiscal-mining-regime-bill/). Open-pit is safe and environmentally sound, it is practiced around the world and the Philippines have adopted the Canadian Sustainable Mining Protocols. https://www.manilatimes.net/2020/09/19/business/business-top/comp-sustainable-mining-program-to-start-next-year/769642/ The pandemic has hit the Philippines hard, so great to have the mining revival card in their back pocket. https://www.businesstimes.com.sg/government-economy/philippine-government-seeks-another-us11b-funding-support-from-central-bank Go Philippines - all the best to all citizens. 
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