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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.


TSX:SAU - Post by User

St Augustine Gold and Copper Ltd > Convert M/I to Proven/Probable per SEC Regulations
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Comment by kingkingmasteron Jul 16, 2021 3:58am
77 Views
Post# 33557906

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

RE:RE:RE:RE:RE:RE:Convert M/I to Proven/Probable per SEC Regulationshttps://www.sagcmining.com/wp-content/uploads/2016/08/Investor-Presentation-March2016-Final.pdf

Your questions are valid.

In the pdf above it says that there was a smaller scale mine project study that was completed Q4 2015.

Back in 2016, they were already prepared to secure financing, and then head towards production in 2017 so I am assuming that all the studies were completed and were favourable.

Although nothing else on the website or filed on the TSX. 

All this got derailed when the ban on open pit mining took effect.

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