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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 RealityCheck123on Mar 16, 2022 12:57pm
96 Views
Post# 34518887

RE:RE:RE:Article of interest

RE:RE:RE:Article of interestNeither here nor there.  Just a response to any reference to nickel.  Who owns the vast majority of the stock?  There is your clue.  The deposit is uneconomic to mine as demonstrated by no compliant feasibility study and no major miner interest for well over 20-years.  
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