Medusa Mining Limited: New Porphyry Copper-Gold Target

COMO, WESTERN AUSTRALIA, May 05, 2010 (MARKETWIRE via COMTEX) — Medusa Mining Limited /quotes/comstock/11t!e:mll (CA:MLL 4.33, +0.14, +3.34%) (ASX: MML)(AIM: MML) (”Medusa” or the “Company”), through its Philippines operating company Philsaga Mining Corporation (”Philsaga”), advises that it has discovered a new outcropping porphyry copper-gold target named Usa.

The target has so far been defined by reconnaissance outcrop sampling over an area of approximately 500 metres by 500 metres with possible extensions. Rock chip values range up to 0.59% copper and 0.42 g/t gold.

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