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Medusa Mining: Management Changes

Medusa Mining Limited advises that Patrick Warr will assume the role of Chief Financial Officer (“CFO”) from 7 September 2020. Mr Warr will be replacing current CFO Peter Alphonso who will retain the role of Company Secretary. 

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Underground Fatality

Medusa Mining Limited, through its Philippines operating company Philsaga Mining Corporation, regretfully reports a fatal accident has occured at its Co-O mine.

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Queensland Projects Exploration Update

Medusa Mining Limited advises that after evaluating all results from the first round of exploration and drilling at the Hill 212 and Mt Clark West projects in Central Queensland, the Company has elected not to proceed to the next phase of the Earn-In-Agreement (“EIA”) with Ellenkay Gold Pty Limited.

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Cambodian Exploration Opportunity

Medusa Mining Limited (ASX: MML) (Medusa or the Company) announces that it has entered into a Memorandum of Understanding with SEA Resources Pty Ltd, Sovann Resources Co., LTD (a related Cambodian entity of SEA) and the shareholders of Sovann (together, referred to as SEA) regarding an exploration opportunity in the Prek Kampi region of Cambodia (MOU). The main target of the exploration project will be gold and copper, but the arrangement is exclusive and will also cover oil and gas and precious stones.

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Medusa Mining: L8 Shaft Upgrade

Medusa Mining Limited (“Medusa” or the “Company”), through its Philippines operating company, Philsaga Mining Corporation (“PMC”), wishes to advise that the L8 Shaft upgrade has been completed and commissioned on schedule.

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Medusa Mining Limited report: Co-O Mine Review on Course

Medusa Mining Limited, through its Philippine operating company, Philsaga Mining Corporation, advise that the Co-O Mine Review announced on 9 September is progressing well with the results expected to be presented to the Board in mid-November.
Preliminary production guidance details for the full year to 30 June 2015 are tabulated below along with an update on the status of the L8 and E15 shafts.

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Medusa delivers Annual Mineral Resources and Ore Reserves Statement

Medusa Mining Limited, through its Philippines operating company, Philsaga Mining Corporation, advises that it has completed the annual review and update to its Mineral Resource and Ore Reserve estimates for the twelve month period ending 30 June 2014.

Mineral Resources

Total Inferred and Indicated Mineral Resources for the Co-O Mine are now estimated at 4.34 million tonnes at a grade of 10.1 g/t gold for total 1,410,000 ounces gold, compared to the estimate reported on 8 August 2013 of 6.88 million tonnes at a grade of 9.9 g/t gold for total 2,190,000 ounces gold (Table I - see attachment).

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Medusa Mining: operational Update in Connection with the Review Process

Medusa Mining Limited, through its Philippine operating company, Philsaga Mining Corporation, announces the following updates.

As previously announced, Mr Robert Gregory was appointed as consulting mining engineer in conjunction with another senior mining engineer to conduct a comprehensive review of the Company’s operations at its Co-O Gold Mine and provide recommendations to the Board.

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