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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 > Lower rates ahead, supportive government, good Cu prices
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Comment by Valuehunter7on Jan 09, 2024 11:20am
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Post# 35817401

RE:Lower rates ahead, supportive government, good Cu prices

RE:Lower rates ahead, supportive government, good Cu prices

According to PhilStar - 

The Philippine Mining Act of 1995, whose implementation was delayed a decade because of legal challenges posed by environmental groups, matches global best practices. 

That legal framework has been supplemented by a new partnership between government and the miners called the Negotiated Sustainability and Resilience Agreement (NSRA). This partnership, due for implementation next year, aims to further reduce adverse environmental impacts and improve host-community resilience.

https://www.philstar.com/opinion/2023/11/14/2311327/supervision?fbclid=IwAR2CuGK1rwXmPjBLMdz_QXRxYmajpKKuNTux6Ev5teLc_7UhOYYP63iJ21g_aem_ARo_JI2eBGSddPJC8JFQTZxk2ESq1XqOkYz9B-RhItfyeTaYcjId-l1MQ9_atUawxDs

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