Medusa Mining Ltd operates in the Gold ores sector. Medusa Mining Limited is engaged in mineral exploration, evaluation, development and mining/production of gold. The Company operates in three segments: Mine, Exploration and Other. As of June 30, 2011, its only operational mine was the Co-O Mine, which is a rail or tracked mine utilising battery driven electric locomotives and 1.2 to 1.5 ton mine cars. Its projects include Co-O Mine, Co-O, Saugon, Usa porphyry copper- gold target, Anoling, Apical Corplex, Sursur project, Lingig copper prospect. During the fiscal year ended June 30, 2011, it produced 101,474 ounces of gold. Its copper prospects include Lower Bananghilig River copper prospect, Sawahon copper prospect and Supon prospect. Its gold veins and stockworks include Tagabaca area, Canugas area, Lansang area and Supon-Bananghilig area. As of June 30, 2011, its Co-O Mine reserves stood at 502,000 ounces contained in 1,500,000 tons at 10.1 grams per ton gold. Its Tambis Project consists of the Bananghilig and Kamarangan prospects. In
our complete report available for purchase the company is compared to: Gold One International Limited, CGA Mining Limited and Norton Gold Fields Ltd.