St Augustine Gold & Copper Stand Number: E 46

St. Augustine Gold and Copper (TSX: SAU) is developing the King-king project, one of the largest undeveloped copper-gold projects in the world, situated in Mindanao, Philippines. The Company’s objective is to bring the King-king project into commercial production in a timely and cost effective fashion, representing an opportunity to generate a superior return on investment for the shareholders.

The King-king copper-gold deposit sits on the fault zone of the Ring of Fire  with  a resource of 0.962 billion tonnes, containing-US $28.5 billion of current in-ground metal value – M&I only; based on pricing of $3.00/lb copper and $1,200/oz gold.  The M&I mineral resource consists of 5.4 billion pounds of contained copper and 10.3 million troy ounces of contained gold. The project is listed as one of the top priority projects by the Philippine Mines and Geosciences Bureau.

The project is well advanced with 95,651 m of drilling completed in 291 core and reverse circulation holes and it is at the permitting and feasibility stage of its development.