SAU Stock Discussion
St. Augustine Gold and Copper Limited Description
St. Augustine Gold and Copper Limited is focused on the acquisition, development and exploration of mineral properties. The Company is engaged in the business of mineral property exploration and its only activity is the development of the King-king copper-gold property (King-king or the Project). The King-king copper-gold property is a copper-gold mineral reserve located at Sitio Gumayan, Barangay King-king, Municipality of Pantukan, Province of Compostela Valley, on Mindanao Island, Philippines. The Company is in the process of earning approximately 60% economic interest in the Project from Nationwide Development Corporation (NADECOR). The Company invested in two joint ventures: King-king Gold and Copper Mines, Inc. (KGCMI) and King-king Mining Corporation (KMC). The Company's operating subsidiaries are formed for the purpose of advancing the Project's proven and probable mineral reserves containing copper and gold. The Company has earned no revenues.
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Gold Mineral Properties Copper Mines Katanga Province Gécamines Mindanao
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