St Augustine Gold and Copper Limited announced that Robert L. Russell, Max Anhoury and Terry Krepiakevich have resigned from the board. Two new independent board members have been appointed, subject to regulatory approval. The board now consists of 5 members, all of whom will be nominated for election at the upcoming annual shareholders' meeting.

Coincident with these board changes, Andrew J. Russell has stepped down as president and CEO. Manuel Paolo A. Villar has assumed that position as well as the position of chairman of the board. Andrew J. Russell remains on the board as Executive Director.

Anacordita McGee is also qualified as a certified public accountant in the Philippines. McGee currently works as a consultant with Robert Half Management Resources, Intl. Coronel-Armenta currently works for Cahan Properties Inc. as an accountant, finance and leasing officer.