Medusa doubles Philippines mine gold reserve

JOHANNESBURG (miningweekly.com) – ASX-listed gold producer Medusa Mining, though its Philippines operating company, Philsaga Mining Corporation, has completed a Joint Ore Reserve Committee compliant ore reserve estimation for the Co-O mine.

Thee probable reserve now stood at 1,04-million tons, at 14,9 g/t gold, containing 500 000 oz of gold.

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