St Augustine Gold and Copper Limited announced it has filed the following disclosure documents with securities regulators:

1. Condensed Interim Consolidated Financial Statements (unaudited) for the 6 months ended June 30th 2011 with accompanying notes;

2. Management's Discussion and Analysis for the 6 months ended June 30th 2011; and

3. Officers' certifications.

For the 3 months ended June 30th 2011 the Company generated a net loss of USD 1,940,705 or USD 0.01 per share. For the 6 months ended June 30th 2011 the net loss is USD 5,202,812 or USD 0.02 per share. These losses are made up of corporate related charges. The Company capitalizes all exploration, development and overhead costs associated with the development of the King King project.

The Company's investment in the King King project increased by USD 13.9 million in the 3 months ended June 30th 2011 and USD 19.0 million for the 6 months ended in the same period. Major expenditures include geology drilling program, security, property acquisition, engineering, permitting, site maintenance and corporate overhead costs. At June 30th 2011 the Company had cash and cash equivalents of USD 39.1 million on hand. The Company re filed its March 31st 2011 unaudited consolidated financial statements and Management's Discussion and Analysis to reflect the adoption of a December 31st year end. The Company also filed its December 31 audited consolidated financial statements and Management's Discussion and Analysis.

Mr Andrew J Russell president and CEO of St Augustine Gold said that "The Company is making tremendous progress in its development of the King-king project. During the quarter we announced the project milestones including the bankable feasibility study due out in the Q2 of 2012. Our partners, NADECOR have confirmed our first USD 30 million in project expenditures under the Preferred Share Investment Phase of the earn in agreement. We have also executed an Interim Funding Agreement with NADECOR which will allow for our future investments to be accounted toward our earn in on the project of 60%.”

He said that finally we have announced an updated resource which added a positive 21.6% tonnage increase bringing the resource to 5.4 billion pounds contained copper and 10.3 million ounces of contained gold. The project is truly exciting and will be one of the largest mining projects to be put into production this decade. Our plan is to continue to develop the project and earn in our 60% share commensurate with bankability feasibility completion.