Kamarangan permits for Medusa Mining
June 13th, 2008
Filed under: Mineral - Copper, Mineral - Gold, Mineral - Iron, Operator - Medusa Mining Ltd
From: www.metalmarkets.org.uk
Australian company Medusa Mining Limited, which is operating and developing gold mines in the Philippines, has received permits for drilling over the Kamarangan area in the Philippines.
The company is likely to commence drilling within two weeks initially in the Dumaag area.
The company claims that the Kamarangan area represents a major metalliferous target for gold, iron and copper.
Conceptually it is interpreted that the mineralisation has originated from an underlying intrusive porphyry copper body.
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