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New Co-O Mill Permit Granted

17 Oct 2012 08:10

RNS Number : 8692O
Medusa Mining Limited
17 October 2012
 

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

ANNOUNCEMENT

17 October 2012

 

NEW Co-O MILL PERMIT GRANTED

(ASX & LSE: MML)

Medusa Mining Limited wishes to advise that its Philippines operating company, Philsaga Mining Corporation has been granted the Environmental Clearance Certificate ("ECC") for the new Co-O Mill, which permits it to process 2,500 tonnes per day of ore.

Construction of the new Co-O Mill remains on schedule for commencement of operation in mid-CY 2013.

 

 

For further information please contact:

Australia

Medusa Mining Limited

+61 8 9367 0601

Peter Hepburn-Brown, Managing Director

United Kingdom

Fairfax I.S. PLC, Financial Adviser and Broker

+44 (0)20 7598 5368

Ewan Leggat/Laura Littley

DISCLAIMER

This announcement may contain certain forward-looking statements. The words 'anticipate', 'believe', 'expect', 'project', 'forecast', 'estimate', 'likely', 'intend', 'should', 'could', 'may', 'target', 'plan' and other similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements.

Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Medusa, and its officers, employees, agents and associates, that may cause actual results to differ materially from those expressed or implied in such statements.

Actual results, performance or outcomes may differ materially from any projections and forward-looking statements and the assumptions on which those assumptions are based.

You should not place undue reliance on forward-looking statements and neither Medusa nor any of its directors, employees, servants or agents assume any obligation to update such information.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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