# St. Augustine Announces Positive Results of the Kingking Copper-Gold Project Updated Preliminary Feasibility Study

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb

Original source: https://money.tmx.com/en/quote/SAU/news/8556031891903516/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda

Publisher: tmx

Original announcement: 2025-07-31T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: St. Augustine Gold and Copper Limited

- Ticker: SAU

- Exchange: TSX

- Region: Philippines

- Primary commodity: Copper

- Secondary commodities: Gold

- Document categories: Resource update, Permitting, Other

- Extracted: 2026-08-21 07:39:11 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

St. Augustine Gold and Copper Limited announced positive results from an updated Preliminary Feasibility Study for its Kingking Copper-Gold Project in the Philippines. The study outlines robust economics with an after-tax NPV of $4.18 billion and an IRR of 34.2%, supported by a 38-year mine life. The project boasts a total Proven and Probable Mineral Reserve of 959.4 million tonnes, containing 5.396 billion pounds of copper and 9.771 million ounces of gold in the milling reserve.

Reasoning: The updated Preliminary Feasibility Study for the Kingking Copper-Gold Project demonstrates strong economic viability with a large, long-life Proven and Probable reserve, supported by NI 43-101 compliance and a low C1 cash cost, despite a lapsed processing permit.

- Positive factor: Robust economics \(NPV $4.18B after-tax, IRR 34.2%\)

- Positive factor: Large Proven and Probable Mineral Reserve \(959.4 Mt\)

- Positive factor: Significant contained metal \(5.396 Blbs Cu, 9.771 Moz Au in milling reserve\)

- Positive factor: Long mine life \(38 years\)

- Positive factor: Low C1 cash costs \($0.32/lb Cu net of by-products\)

- Positive factor: NI 43-101 compliant and QP/CP signed

- Positive factor: Permitting status \(ECC and DMPF in good standing, ISO 14001:2015 certified\)

- Negative factor: Mineral Processing Permit \(MPP\) is currently lapsed

- Negative factor: Gold not recovered from leaching reserves

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 31

## Classification and evidence

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports 192.5 Mt of Proven Mineral Reserve.

Evidence · table

> 192.5

Context: Proven Mineral Reserve

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports 766.9 Mt of Probable Mineral Reserve.

Evidence · table

> 766.9

Context: Probable Mineral Reserve

**Large Contained Metal**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The project reports 5.396 billion pounds of copper and 9.771 million ounces of gold in the milling reserve, indicating a large-scale deposit.

Evidence · text

> Payable Copper and Gold Production is Estimated to be 4.4 billion Pounds \(2.0 million tonnes\) and 6.9 million ounces \(214,000 kilograms\) over a 38-Year Mine/Process Life

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Multiple Qualified Persons \(Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson\) are named as having reviewed and approved the technical information.

Evidence · text

> The following Qualified Persons under National Instrument 43-101 \("NI 43-101"\) have reviewed and approved of the scientific, technical and economic information contained in this news release: Daniel Roth, PE, P.Eng. and Benjamin Bermudez, PE of M3 Engineering & Technology Corp., Art S. Ibrado, PE of Fort Lowell Consulting, Michael G. Hester, FAusIMM of Independent Mining Consultants, Inc., Donald Earnest, P.Geo., SME-RM of Resource Evaluation Inc., and John G. Aronson, SME, CEP of ESG Resiliency Plus, LLC.

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The PFS was prepared in compliance with National Instrument 43-101.

Evidence · text

> The Company will file the full NI 43-101 technical report on SEDAR+ and the Company's website within 45 days.

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: This announcement is an updated Preliminary Feasibility Study for an existing project.

Evidence · text

> St. Augustine Announces Positive Results of the Kingking Copper-Gold Project Updated Preliminary Feasibility Study

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The resource estimate is part of an updated Preliminary Feasibility Study.

Evidence · text

> St. Augustine Announces Positive Results of the Kingking Copper-Gold Project Updated Preliminary Feasibility Study

**Lapsed Permit**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The Mineral Processing Permit \(MPP\) is currently lapsed.

Evidence · text

> The Mineral Processing Permit \(MPP\) is currently lapsed because of the Company's inability to proceed to the development of the Kingking Project

**Open Pit**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The project is described as a large scale open pit.

Evidence · text

> St. Augustine plans to move the large scale open pit Kingking project through Definitive Feasibility and into production on an optimized schedule

## Extracted facts

Stored fact records: 31. Some facts used in scoring do not have a stored record.

## Resource Estimates (31)

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-0)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 142300000
- Grade: 0.33
- Grade Unit: %
- Contained Metal: 1037000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven reserve with a moderate copper grade for a porphyry deposit.

- Positive factor: Proven category

- Positive factor: Moderate grade for porphyry copper

Evidence · table

> 0.33

Context: 142.3

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-1)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 142300000
- Grade: 0.49
- Grade Unit: g/t
- Contained Metal: 2253000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven reserve with a moderate gold grade for a porphyry deposit.

- Positive factor: Proven category

- Positive factor: Moderate grade for porphyry gold

Evidence · table

> 0.49

Context: 142.3

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-2)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 45400000
- Grade: 0.52
- Grade Unit: %
- Contained Metal: 516000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven oxide mill ore with a strong copper grade for a porphyry deposit.

- Positive factor: Proven category

- Positive factor: Strong grade for porphyry copper

Evidence · table

> 0.52

Context: 45.4

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-3)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 45400000
- Grade: 0.71
- Grade Unit: g/t
- Contained Metal: 1033000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven oxide mill ore with a strong gold grade for a porphyry deposit.

- Positive factor: Proven category

- Positive factor: Strong grade for porphyry gold

Evidence · table

> 0.71

Context: 45.4

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-4)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 76500000
- Grade: 0.26
- Grade Unit: %
- Contained Metal: 444000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven sulfide mill ore with a moderate copper grade for a porphyry deposit.

- Positive factor: Proven category

- Positive factor: Moderate grade for porphyry copper

Evidence · table

> 0.26

Context: 76.5

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-5)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 76500000
- Grade: 0.45
- Grade Unit: g/t
- Contained Metal: 1117000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven sulfide mill ore with a moderate gold grade for a porphyry deposit.

- Positive factor: Proven category

- Positive factor: Moderate grade for porphyry gold

Evidence · table

> 0.45

Context: 76.5

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-6)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 20400000
- Grade: 0.17
- Grade Unit: %
- Contained Metal: 78000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven low grade stockpile with a weak copper grade for a porphyry deposit.

- Positive factor: Proven category

- Negative factor: Weak grade for porphyry copper

Evidence · table

> 0.17

Context: 20.4

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-7)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 20400000
- Grade: 0.16
- Grade Unit: g/t
- Contained Metal: 103000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven low grade stockpile with a weak gold grade for a porphyry deposit.

- Positive factor: Proven category

- Negative factor: Weak grade for porphyry gold

Evidence · table

> 0.16

Context: 20.4

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-8)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 706500000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 3803000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable reserve with a weak copper grade for a porphyry deposit.

- Positive factor: Probable category

- Negative factor: Weak grade for porphyry copper

Evidence · table

> 0.24

Context: 706.5

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-9)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 706500000
- Grade: 0.33
- Grade Unit: g/t
- Contained Metal: 7519000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable reserve with a moderate gold grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry gold

Evidence · table

> 0.33

Context: 706.5

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-10)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 52000000
- Grade: 0.36
- Grade Unit: %
- Contained Metal: 412000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable oxide mill ore with a moderate copper grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry copper

Evidence · table

> 0.36

Context: 52.0

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-11)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 52000000
- Grade: 0.59
- Grade Unit: g/t
- Contained Metal: 986000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable oxide mill ore with a strong gold grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Strong grade for porphyry gold

Evidence · table

> 0.59

Context: 52.0

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-12)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 499700000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 2776000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable sulfide mill ore with a moderate copper grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry copper

Evidence · table

> 0.25

Context: 499.7

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-13)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 499700000
- Grade: 0.36
- Grade Unit: g/t
- Contained Metal: 5751000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable sulfide mill ore with a moderate gold grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry gold

Evidence · table

> 0.36

Context: 499.7

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-14)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 154900000
- Grade: 0.18
- Grade Unit: %
- Contained Metal: 615000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable low grade stockpile with a weak copper grade for a porphyry deposit.

- Positive factor: Probable category

- Negative factor: Weak grade for porphyry copper

Evidence · table

> 0.18

Context: 154.9

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-15)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 154900000
- Grade: 0.16
- Grade Unit: g/t
- Contained Metal: 782000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable low grade stockpile with a weak gold grade for a porphyry deposit.

- Positive factor: Probable category

- Negative factor: Weak grade for porphyry gold

Evidence · table

> 0.16

Context: 154.9

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-16)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 848900000
- Grade: 0.26
- Grade Unit: %
- Contained Metal: 4840000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable milling reserve with a moderate copper grade and large contained metal.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry copper

- Positive factor: Large contained metal

Evidence · table

> 0.26

Context: 848.9

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-17)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 848900000
- Grade: 0.36
- Grade Unit: g/t
- Contained Metal: 9771000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable milling reserve with a moderate gold grade and large contained metal.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry gold

- Positive factor: Large contained metal

Evidence · table

> 0.36

Context: 848.9

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-18)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 97400000
- Grade: 0.43
- Grade Unit: %
- Contained Metal: 928000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable oxide mill ore with a strong copper grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Strong grade for porphyry copper

Evidence · table

> 0.43

Context: 97.4

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-19)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 97400000
- Grade: 0.64
- Grade Unit: g/t
- Contained Metal: 2018000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable oxide mill ore with a strong gold grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Strong grade for porphyry gold

Evidence · table

> 0.64

Context: 97.4

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-20)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 576200000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 3220000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable sulfide mill ore with a moderate copper grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry copper

Evidence · table

> 0.25

Context: 576.2

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-21)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 576200000
- Grade: 0.37
- Grade Unit: g/t
- Contained Metal: 6868000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable sulfide mill ore with a moderate gold grade for a porphyry deposit.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry gold

Evidence · table

> 0.37

Context: 576.2

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-22)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 175300000
- Grade: 0.18
- Grade Unit: %
- Contained Metal: 692000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable low grade stockpile with a weak copper grade for a porphyry deposit.

- Positive factor: Probable category

- Negative factor: Weak grade for porphyry copper

Evidence · table

> 0.18

Context: 175.3

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-23)

Kingking Copper-Gold Project · gold

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: gold
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 175300000
- Grade: 0.16
- Grade Unit: g/t
- Contained Metal: 885000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable low grade stockpile with a weak gold grade for a porphyry deposit.

- Positive factor: Probable category

- Negative factor: Weak grade for porphyry gold

Evidence · table

> 0.16

Context: 175.3

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-24)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 50200000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 275000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Proven leaching reserve with a moderate copper grade for a porphyry deposit.

- Positive factor: Proven category

- Positive factor: Moderate grade for porphyry copper

Evidence · table

> 0.25

Context: 50.2

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-25)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 60400000
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 280000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Probable leaching reserve with a weak copper grade for a porphyry deposit.

- Positive factor: Probable category

- Negative factor: Weak grade for porphyry copper

Evidence · table

> 0.21

Context: 60.4

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-26)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 110500000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 555000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable leaching reserve with a weak copper grade for a porphyry deposit.

- Positive factor: Probable category

- Negative factor: Weak grade for porphyry copper

Evidence · table

> 0.23

Context: 110.5

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-27)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 959400000
- Grade: 0.26
- Grade Unit: %
- Contained Metal: 5396000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable milling and leaching reserve with a moderate copper grade and exceptional contained metal.

- Positive factor: Probable category

- Positive factor: Moderate grade for porphyry copper

- Positive factor: Exceptional contained metal

Evidence · table

> 0.26

Context: 959.4

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-28)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: proven
- Tonnes: 192500000
- Grade: 0.31
- Grade Unit: %
- Contained Metal: 1312000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total proven milling and leaching reserve with a moderate copper grade and large contained metal.

- Positive factor: Proven category

- Positive factor: Moderate grade for porphyry copper

- Positive factor: Large contained metal

Evidence · table

> 0.31

Context: 192.5

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-29)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable
- Tonnes: 766900000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 4083000000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: Total probable milling and leaching reserve with a weak copper grade for a porphyry deposit.

- Positive factor: Probable category

- Negative factor: Weak grade for porphyry copper

Evidence · table

> 0.24

Context: 766.9

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/st-augustine-announces-positive-results-of-the-kingking-copper-gold-project-upda--9a5972a2-62b7-4924-ade5-af3555cc45bb#fact-resource-facts-30)

Kingking Copper-Gold Project · copper

#### Identity

- Project: Kingking Copper-Gold Project
- Commodity: copper
- Region: philippines
- Reported Region: Philippines
- Ticker: SAU

#### Resource Data

- Category: probable

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-07-31T00:00:00.000Z

Reasoning: High equivalent copper grade for the initial years of milling, with transparent assumptions.

- Positive factor: High equivalent grade

- Positive factor: Assumptions disclosed

Evidence · text

> Equivalent Mill Copper Grade of 0.83% for the First Five Years of Milling

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.