Additional Listing
(Thomson Reuters ONE) - MEDUSA MINING LIMITED ABN: 60 099 377 849 Unit 7, 11 Preston Street Como WA 6152 PO Box 860 Canning Bridge WA 6153 Telephone: +618-9367 0601 Facsimile: +618-9367 0602 Email: admin(at)medusamining.com.au Internet: www.medusamining.com.au ASX ANNOUNCEMENT 27 November 2009COMMENCEMENT OF TRADING ON TSXMedusa Mining Limited ("Medusa" or the "Company") is pleased toconfirm that it will today officially commence trading on the TorontoStock Exchange ("TSX") under the trading code of MLL.The Company will continue to be domiciled in Australia and maintainits existing listings on both the ASX in Australia and AIM in London.Computershare will provide the necessary share registry services tothe Company in Australia, UK and Canada.For further information please contact:Roy DanielJoint Company SecretaryPhone: +618 9367 0601Website: www.medusamining.com.auABOUT MEDUSA MINING LIMITEDMedusa Mining Limited ("Medusa" or the "Company"), a public companylisted on the ASX, AIM and TSX, is an Australian based gold producer,focused solely on the Philippines.With Indicated Resources of 603,000 ounces and Inferred Resources of1,427,000 ounces, Medusa's corporate strategy is to become a mid-tier300,000 to 400,000 ounce per year, low cost gold producer. TheCompany is currently expanding the high grade Co-O Mine operations(500,000 Reserve ounces at 10.8 g/t gold) to increase its productioncapacity to 100,000 ounces per year, and is conducting near mineexploration to assess the possibilities of further expansion to200,000 ounces per year. Current cash costs at the Co-O Mine areapproximately US$200 per ounce.A pipe-line of deposits is now being established with the BananghiligDeposit (650,000 Inferred ounces at 1.3 g/t gold) which is expectedto expand, potentially in conjunction with new nearby discoveries.Further potential upside exists in the discovery of substantialcopper deposits within the tenement holding of > 800km2.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 27.11.2009 - 08:03 Uhr
Sprache: Deutsch
News-ID 8927
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Business News
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