Medusa Mining Limited New SAG Mill Update

TIDMMML

RNS Number : 0156V

Medusa Mining Limited

09 December 2013

 
              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

09 December 2013

NEW SAG MILL UPDATE - POWERCELLS

(ASX & LSE: MML)

Medusa Mining Limited ("Medusa" or the "Company"), through its Philippine operating company Philsaga Mining Corporation, wishes to announce the following:

The repaired Powercells have been installed, tested and are currently operating without any issues.

The new SAG Mill which was successfully started last week is currently undergoing commissioning and will gradually build to its throughput of 2,500 tonnes per day ("tpd") during the March 2014 quarter.

As advised on 23 October 2013, as a consequence of this delay, the production for the December quarter will be reduced, until the new SAG mill is operating at its anticipated throughput of 2,500 tpd.

For further information please contact:

 
 Australia 
 Medusa Mining Limited                 +61 8 9367 0601 
 Peter Hepburn-Brown, Managing 
  Director 
 United Kingdom 
 SP Angel Corporate Finance 
  LLP (Financial Adviser & 
  Broker)                              +44 (0)20 3463 2260 
 Ewan Leggat/Laura Littley

This information is provided by RNS

The company news service from the London Stock Exchange

END

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