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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

Post by shawshank2on Aug 08, 2021 7:53pm
124 Views
Post# 33670135

Possible catalyst timeline

Possible catalyst timelineFingers crossed all goes well. 1) signing of eo130 allow open pit. May not come as a black or white thing but there will be some indication open will be allowed. 2) another large pp to insiders again 3) amendments to foreign investment in Phillipines. 3) king king gets official green light/ priority project 4) the usual time to get partnerships going. 5) kingking in operation. We could see further consolidation but if this plays out could be a multibillion dollar company
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