Exploration for minerals in the King-king area of Pantukan town has been ongoing since the early 1970s, and the area has experienced significant unauthorized small-scale mining since the early 1980s. Since then, a variety of studies and drilling activities have confirmed the presence of a gold-rich porphyry copper deposit that is among the largest in the Philippines. Located in the King-king barangay of Pantukan town, the project is 90 kilometers/55 miles east of Davao City on the island of Mindanao. The King-king Mining Project is part of a Mineral Production Sharing Agreement (MPSA) between the Philippine government and Nationwide Development Corporation (NADECOR), based in Manila. Augustine Copper-Gold Ltd (SAGCL), based in Spokane, Washington, USA, is managing the technical aspects of the project. SAGCL is responsible for the overall development and operation of the King-king Copper-Gold Project as they earn increasing ownership in the project through expenditures associated with the completion of a feasibility study. If approved, estimates show the mine could produce some 100,000 tonnes per year of copper and 500,000 ounces per year of gold. King-king Mining is committed to developing the project to the highest environmental standards and with robust community engagement. Kingking Mining Corporation commits to uphold responsible mining through respect for and protection of the people and the environment in all stages of its mining operations. We endeavor to comply with applicable governmental environmental laws and regulations, and meet or exceed international industry practices to avoid, minimize, mitigate or remediate environmental impacts. As we develop the Kingking Mining Project, we undertake to faithfully carry out the following:
โข Adhere to the highest standards of environmental management in all our dealings with the community and the country in general.
โข Assess and address potential environmental risks and impacts associated with the project over its full life cycle โ including pre-development, construction, operation, closure and post-closure.
โข Communicate the importance of these environmental protection measures to our employees, contractors, suppliers, investors, partners, community members and other stakeholders.
โข Review the effectiveness of environmental protection management, health and safety programs, and act on the results, to achieve continual improvement in the Company's environmental performance.
โข Use resources efficiently and promote the most-efficient technologies in the company's operations.
