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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 kingkingmasteron Jul 15, 2021 11:39pm
72 Views
Post# 33557511

RE:Convert M/I to Proven/Probable per SEC Regulations

RE:Convert M/I to Proven/Probable per SEC Regulationshttps://www.sagcmining.com/

Have you tried their website?

Technical Report and PFS are there.
Fact sheet too for a quick summary.

Reserves are proven.

What's keeping the price down is the current ban on open pit mining in the country. Which we see that being lifted soon if you bother to read any of the articles posted here. If not, we'd be trading at 2-5c.

It is risky yes. But it is an assymetrical bet for a potential 100bagger. If you dont like it, no one's asking you to buy the stock. Please go ahead and short it though, just watch out.
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