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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 Jun 17, 2021 9:06pm
100 Views
Post# 33409327

RE:RE:RE:RE:RE:RE:RE:Open-pit mining remains unacceptable for Duterte

RE:RE:RE:RE:RE:RE:RE:Open-pit mining remains unacceptable for DuterteThis is just a rehash of the press conference. As I have learned in the past 12 months trying to follow this what the politicians say doesn't mean anything. The government has gone on and on about getting revenue from mining and even pushed out eo130 randomly. The only way Phillipines can attract investment to get mining going is by allowing Open pit. Period. Other mines are too small and fragmented to monitor and tax properly. It's the big three that will produce
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