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St. Augustine Gold and Copper Announces Positive New Drill Data

St. Augustine Gold and Copper Limited (SAU.TO) announced the intersection of highly mineralized sample intervals in two recently completed drill holes (SAG01 and SAG02) with resulting assays that compare favorably with the gold and copper grades predicted by the block model from the mineral resource estimate disclosed in the NI 43-101 October 2010 Technical Report. It said these results are supported by a positive third party site visit audit report on the overall King-king Project drilling and geology programs. Andy Russell, President and CEO, said: "These intercepts confirm the high quality and integrity of the existing King-king data. The grades in SAG01 are extremely compelling with 99 meters of greater than 1 g/t gold and 1.1% copper."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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