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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 Jul 15, 2021 9:49am
74 Views
Post# 33548592

RE:It is possible that ….

RE:It is possible that ….
GoldenIdle wrote:

Open pit ban lifting and agreement with SAU happen at same time . Negotiations/ talks taking place behind the scenes trying to satisfy the majority of the Senate/congress . 

Oceana finalized 
Sagittarius plan being examined. Pros and cons of underground vs open pit 
 

SAU next ? Or at the same time ?

what I know is there is $$$$ to be made and that gets a lot of attention from politicians ! The President in his last interview admitted as much ... there is always a problem with $$$$ ! 
 



I think first eo130 will be signed which should be a big catalyst for this. My understanding open pit approval is the only thing standing in the way of this. It is fully permitted and has a ftaa in place( tax deal) which alot of mines in operation are currently using
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