St Augustine Gold and Copper Ltd T.SAU

Alternate Symbol(s): RTLGF

Metals & Mining Gold

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.

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St Augustine Gold and Copper Ltd

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Post by db2067on May 09, 2021 11:15pm

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Post# 33163024

open-pit

https://mb.com.ph/2021/05/10/govt-to-pursue-own-mineral-exploration Moncano refused to comment if the IRR of EO 130 will cover provisions about open-pit mining method, which is still banned in the country through a DENR administrative order issued by former and late Environment Secretary Regina Paz Lopez in 2017. The MGB chief, however, told Business Bulletin that the government is also considering lifting the ban on the open-pit mining method.

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