MML Medusa Mining

 
TIDMMML 
 
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@medusamining.com.au 
                                    Internet: www.medusamining.com.au 
 
 
                                                     ASX ANNOUNCEMENT 
 
                                                     27 November 2009 
 
COMMENCEMENT OF TRADING ON TSX 
 
Medusa Mining Limited ("Medusa" or the "Company") is pleased to 
confirm that it will today officially commence trading on the Toronto 
Stock Exchange ("TSX") under the trading code of MLL. 
 
The Company will continue to be domiciled in Australia and maintain 
its existing listings on both the ASX in Australia and AIM in London. 
 
Computershare will provide the necessary share registry services to 
the Company in Australia, UK and Canada. 
 
 
 
For further information please contact: 
Roy Daniel 
Joint Company Secretary 
Phone: +618 9367 0601 
 
Website: www.medusamining.com.au 
 
ABOUT MEDUSA MINING LIMITED 
 
Medusa Mining Limited ("Medusa" or  the "Company"), a public  company 
listed 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  of 
1,427,000 ounces, Medusa's corporate strategy is to become a mid-tier 
300,000 to  400,000 ounce  per  year, low  cost gold  producer.   The 
Company is currently  expanding the high  grade Co-O Mine  operations 
(500,000 Reserve ounces at 10.8 g/t gold) to increase its  production 
capacity to  100,000 ounces  per year,  and is  conducting near  mine 
exploration to  assess  the  possibilities of  further  expansion  to 
200,000 ounces per  year.  Current cash  costs at the  Co-O Mine  are 
approximately US$200 per ounce. 
 
A pipe-line of deposits is now being established with the Bananghilig 
Deposit (650,000 Inferred ounces at  1.3 g/t gold) which is  expected 
to expand, potentially in conjunction with new nearby discoveries. 
 
Further potential  upside exists  in  the  discovery  of  substantial 
copper 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. 
 

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