PMEA Blog

COMO, WESTERN AUSTRALIA, May 07, 2010 (MARKETWIRE via COMTEX) — Medusa Mining Limited /quotes/comstock/11t!e:mll (CA:MLL 4.19, +0.01, +0.24%) (ASX: MML)(AIM: MML) (”Medusa” or the “Company”), through its Philippines subsidiary, Philsaga Mining Corporation (”Philsaga”), advises that drilling at Lingig has continued to intersect copper mineralisation in two geological settings.

Basalt-hosted mineralisation (now called the Basalt Prospect) is hosted within the basaltic and doleritic rocks around the 1974 discovery area. This mineralisation appears to form a large north plunging body presumed to be still open to the north down-plunge. The most recent and most northerly drill hole returned 154.60 metres at 0.45% copper (with last 45.90 metres averaging 0.65% copper at a 0.3% copper cut- off) but was abandoned in strong mineralisation. It is also interpreted that the bottom section of this mineralisation may be faulted-off by the underlying thrust fault and the rest of the mineralised zone is yet to be located. Further drilling is required.

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