St. Augustine Gold & Copper Ltd. · TSX:SAU

St. Augustine Gold & Copper — Precious Metals Summit 2013

20 slides from St. Augustine Gold & Copper's conference presentation, Sep 20, 2013

  1. Slide 1: Developing the King-king Cu/Au Deposit

    Developing the King-king Cu/Au Deposit TSX: SAU Precious Metals Summit – Beaver Creek, CO Speech - September 20, 2013 www.sagcmining.com

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements This presentation contains “forward-looking statements” that were based on St. Augustine Gold & Copper Ltd’s expectations, estimates and projections as of the dates which those statements were made. These forward-looking statements include, among other things, statements w

  3. Slide 3: King-king Project Highlights

    King-king Project Highlights Key Advantages Proven and Filed permit application  DMPF/EIS Probable Mineral Life of Mine Production Reserve:  22 year Life of Mine (LOM)  100K tpd Ore Delivery Rate 617.9 M Tonnes  40,000 tpd heap leach  60,000 tpd flotation milling with agitated tails leach Avera

  4. Slide 4: Project Financials – Revenue

    Project Financials – Revenue Revenue by Metal:  Pre-tax NPV $2.0 Billion $1.49 $621  IRR 24.8% Allocated Cost LOM Allocated Cost LOM  CapEx $2.04 Billion Payback Period (2.4 yrs) Revenue:  3 Years Average = $1,346 million  5 Years Average = $1,211 million Metal Price Assumptions:  Copper = $3.

  5. Slide 5: Project Initial Capital

    Project Initial Capital Initial Capital* $ in millions Mining** 130.9 Process Plant 1,004.6 Power Plant 350.4 Port 119.0 Owner's Cost 197.0 Contingencies 240.0 Total 2,041.9 *VAT = $167 million (not included, reimbursable) **Estimate assumes contract mining 5

  6. Slide 6: Annual Production

    Annual Production Annual Concentrate Production Annual Copper Concentrate Production Annual Gold Concentrate Production Copper Production (tonnes) 80,000 400,000 Gold Production (troy ounces) 40.5k tonnes/yr average 324k oz./yr. average 1st 5 yrs. full prod. 60,000 300,000 204k oz./yr. average 40,00

  7. Slide 7: Proven and Probable Reserves

    Proven and Probable Reserves Tot Cu Sol Cu Gold NSR Reserve Classification Ktonnes (%) (%) (g/t) (US$) Proven Mineral Reserve Heap Leach Ore 17,791 0.340 0.197 0.132 16.53 Oxide Mill Ore 21,674 0.514 0.328 0.849 45.36 Sulfide Mill Ore 52,942 0.305 0.044 0.543 24.92 Low Grade Mill Ore 6,734 0.184 0.0

  8. Slide 8: The Philippines

    The Philippines 35 operating metallic mines in the Philippines 3 World Class Developments  King-king  Far Southeast  Tampakan Well known listed Operators  Oceana Gold  Philex • Didipio • Padcal  Medusa Mining  LG International • Co-O • Rapu-Rapu  B2Gold  Red 5 Limited • Masbate • Siana  Ni

  9. Slide 9: King-king Location

    King-king Location Philippine Fault Line Location:  Philippines, Mindanao, Compostela Valley Province Access:  About 35 km east-northeast of Davao City by air  By road: about 17 km from Pantukan (92 km from Davao city by paved highway)  Tide water proximity deposit Davao City:  1.5 Million Peop

  10. Slide 10: Permitting, Government and Community

    Permitting, Government and Community Permitting - Major Deliverables  EIS Submitted • Initial Comments Received  DMPF • Declaration of Mine Project Feasibility  MPSA Renewal • 25 Year Renewal due in 2017  ISEIA • Baseline Studies and EIS to IFC Standards • International Social and Environmental

  11. Slide 11: Allocated Costs on Copper and Gold

    Allocated Costs on Copper and Gold Cost Areas Allocated Cost on Copper Allocated Cost on Gold Cost Allocation % % Percentage Allocated 64% 62% 58% Allocated 36% 38% 42% Time Period Years 1-5 1-10 LOM(1) Years 1-5 1-10 LOM(1) Total Costs $/lb Cu $1.09 $1.26 $1.49 $/oz Au $454 $525 $621 (1) Includes y

  12. Slide 12: Project Operating Cost Per Tonne

    Project Operating Cost Per Tonne Cost Per Tonne $ Mining cost per tonne mined (including pit dewatering) $2.00 Concentrator 3.50 Gravity Gold Circuit 0.02 Agitated Tailings Leach 1.05 SXEW – Tailings Leach 0.12 Tailings Disposal 0.90 Heap Leach and SXEW 0.66 General and Administrative 1.19 Laborator

  13. Slide 13: Process and Plant

    Process and Plant 60,000 tpd Rougher Flotation Cleaner Flotation Concentrate Filter Primary Crusher 163K tonnes/year Average Ball Mill (s) SAG Mill Concentrate Au and Cu Concentrate Storage to Cu smelter 50K tonnes/year Secondary Crusher Average (1st 9 yrs) 40,000 tpd Tertiary Crusher(s) SX-EW Circu

  14. Slide 14: Heap Leach On-off Pad and Spent Ore Pile

    Heap Leach On-off Pad and Spent Ore Pile  40,000 tpd  60 day leach cycle  95 million tonnes sent to heap leach  8 years to process the 95 million tonne oxide ore reserve  High potential for more oxide ore in tenement area 14

  15. Slide 15: World-Class Engineering Sub-Contractors

    World-Class Engineering Sub-Contractors x A celtechs • DMPF ENVIRONMENTAL COUNSELORS, INC. • EIS Preparation • Geotechnical Engineering • Lands Consulting • BFS Contractor • Processing Plant • Project Economics • Baseline Studies • Mine Plan & Design • Permitting • Mining Cost Estimate • Tailing Sto

  16. Slide 16: King-king Tenement - Exploration Potential

    King-king Tenement - Exploration Potential Testing confirms Au assays @ 2.2-27.7/g/t Au* Notable intercept with 81 continuous meters averaging: .44% total copper and .34 g/t gold* Four Additional holes demonstrate high potential* Pit Tenement Area 1,656 Hectares * See the press release dated March 1

  17. Slide 17: Corporate Snapshot

    Corporate Snapshot Capitalization Ticker SAU-T $0.50 2,500,000 Current Price (September 19, 2013) $0.2575 Shares Outstanding 487,758,334 $0.40 2,000,000 Fully Diluted 552,916,396 Market Cap CAD $126 MM $0.30 1,500,000 Cash (as at June 30, 2013) ~$13 MM $0.20 1,000,000 Major Shareholders by Voting Ri

  18. Slide 18: Management Team

    Management Team • Andrew Russell, President & CEO  Founder – RMMI  VP Project Development – General Moly, Mount Hope and Liberty Projects, bankable feasibility/NEPA  Maintenance Superintendent/Mechanical Engineer – Kennecott Copper Refinery, Kidd Creek Process installation  Business leader – Hon

  19. Slide 19: Board of Directors

    Board of Directors • Robert Russell – Chairman of the Board  Executive VP and GM – Freeport Copper and Gold  VP – Freeport Indonesia  GM – Nchanga Division, Zambian Consolidated Copper Mines  Chairman/CEO/Founder – General Moly/Idaho General Mines • Manuel Paolo A. Villar – Director  Director,

  20. Slide 20: Contact Information

    Contact Information KRISTI HARVIE MANAGER INVESTOR AND CORPORATE AFFAIRS T: 509-343-3193 E: KHARVIE@SAGCMINING.COM MARINA PROSKUROVSKY TMX EQUICOM T: 416-815-0700 x 288 E: MPROSKUROVSKY@TMXEQUICOM.COM 20

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