PMEA Blog

Medusa Mining (ASX, AIM: MML; TSX: MLL), through its Philippines operating company, Philsaga Mining Corporation, has increased the Indicated Resource by 4% to 603,000 ounces and increased the Inferred Resource by 36% to 898,000 ounces (excluding production since 9 December 2009) at its Co-O Mine.

The grade of both categories has also increased. The company has also announced additional information which supports the announcement dated 18 January 2010 containing estimates of the conceptual potential target sizes for the Co-O Mine.

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