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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 RealityCheck123on Jul 15, 2021 10:29pm
63 Views
Post# 33557404

RE:Dear shorters

RE:Dear shorters

The project has demonstrated no compliant economics provided to date.   The EO is meaningless if no one is interested.  This resource has been known and evaluated for decades.  

Produce a third-party feasibility study establishing mineral ore reserves per US or Canadian SEC standards and a mining company who will commit funds, construct, and operate the mine then you will have something.  

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