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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 > IRR on EO lifting ban on new mining projects signed
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Comment by singlefileon Aug 11, 2021 10:21am
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Post# 33684420

RE:IRR on EO lifting ban on new mining projects signed

RE:IRR on EO lifting ban on new mining projects signedAwesome signed the 9th - goes into effect 2 weeks later ...Monday August 23 - King King CEO/staff must be partying now .. haha  Executive Order (EO) 130 which lifted the moratorium on new mining projects and the nationwide ban on open-pit mining method has already been signed by Environment and Natural Resources Secretary Roy Cimatu.In a text message, Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said Wednesday, August 11, that the IRR of EO 130 was already signed by the Department of Environment and Natural Resources (DENR) Cimatu and published on August 9, 2021. The IRR will take effect in two weeks. 
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