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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 > DENR to keep nationwide ban on open-pit mining
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Post by Robert1on Aug 12, 2021 9:42am
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Post# 33690968

DENR to keep nationwide ban on open-pit mining

DENR to keep nationwide ban on open-pit miningCould be true, reversing yesterday's news but if you read the details in the article i posted (go to ths link), looks like they might address this later or under a new administration.   

Fact is they need to lift the ban for the big operations so it may be a while longer, sad to say.
Best of luck folks,
Robert
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