Business
St. Augustine Gold and Copper Limited Advances Kingking Project to Definitive Feasibility Study and Engages Consulting Engineering Firms
Manila, Philippines--(Newsfile Corp. - October 10, 2025) - St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") is pleased to announce the engagement of Stantec Consulting Ltd. ("Stantec") and Independent Mining Consultants, Inc. ("IMC") to complete a Definitive Feasibility Study (DFS) for the Kingking Copper-Gold Project in Pantukan, Davao de Oro, Philippines. This follows the highly positive results of the Pre-Feasibility Study (PFS) released on July 31, 2025,...
About this update from Stantec Inc
[{"type":"text","content":"Manila, Philippines--(Newsfile Corp. - October 10, 2025) - St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") is pleased to announce the engagement of Stantec Consulting Ltd. ("Stantec") and Independent Mining Consultants, Inc. ("IMC") to complete a Definitive Feasibility Study (DFS) for the Kingking Copper-Gold Project in Pantukan, Davao de Oro, Philippines. This follows the highly positive results of the Pre-Feasibility Study (PFS) released on July 31, 2025, which delineated the project's world-class economic potential and supports an expedited path to production.","length":655,"tagName":"p"},{"type":"text","content":"Robust Pre-Feasibility Economics","length":32,"tagName":"p"},{"type":"text","content":"The July 2025 PFS highlights the Kingking Project's exceptional financial metrics (based on $4.30/lb. copper and $2,150/oz gold), positioning it as one of the largest undeveloped copper-gold deposits globally:","length":213,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Post-tax NPV (7%): $4.18 billion","length":32,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Post-tax IRR: 34.2%","length":19,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Payback Period: 1.9 years","length":25,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Initial Capital Estimate: $2.37 billion","length":39,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"After-tax Benefit-Cost Ratio: 1.8","length":33,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reserve Estimate: 960 million tonnes, including 849 million tonnes of Proven and Probable Milling Reserves and 111 million tonnes of Proven and Probable Leaching Reserves","length":170,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Proven and Probable Mineral Reserves of 5.40 million pounds of contained copper and 9.77 million ounces of contained gold.","length":122,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":440,"olType":false},{"type":"text","content":"The PFS outlines a 31-year mine life with an additional seven years of low grade or stockpile milling. Processing will support a 100,000 tonne per day mine delivery schedule supported by 60,000 tpd milling and 40,000 tpd heap ...