King King Copper-Gold Project in Philippines to Move Forward as Toronto Stock Exchange Approves Acquisition Stake

MANILA, PHILIPPINES--November 1, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--A bankable feasibility study will begin within weeks on one of the Philippines' world-class gold-copper projects, the King King Mining Project. The Toronto Stock Exchange recently approved Queensberry Mining and Development Corporation's acquisition of 23.7% secondary shares of St. Augustine Gold and Copper Limited (TSX:SAU), through option agreements and a private placement, valued at CND$34 million (US$35 million).