St. Augustine Gold and Copper Limited Appoints Chief Financial Officer

St Augustine Gold & Copper Limited (TSX:SAU) announce that it has appointed Robert Orr, BSc, CA, CBV to the executive leadership team of St. Augustine Gold and Copper. Effective immediately, Mr. Orr has taken the position of Chief Financial Officer and Vice President Business Development.

Andrew Russell, President, CEO and Director of St. Augustine states, "We are extremely pleased to have someone with Bob's experience and track record of success join our executive team as St. Augustine moves to the financing and development of the world class King-king project."

Mr. Orr is a seasoned business development strategist with over 18 years of experience providing leading-edge financial and strategic advice primarily within the mining, real estate and infrastructure sectors. As a senior strategic advisor within the mining sector he has been involved with numerous projects encompassing commodities which include; gold, silver, copper, molybdenum, coal, lime, zinc, antimony, potash and uranium. He has completed transaction and complex analysis work for some of the world's leading mining companies. Prior to joining St. Augustine, Robert was a Transaction Partner at PricewaterhouseCoopers LLP. He has a Bachelor of Science in Economics from the University of Victoria and is a Chartered Accountant and Chartered Business Valuator.

Posted May 4, 2012

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