The PowerPoint Presentation delivered at the Company's Annual General Meeting, held in the Goldsworthy Room, Pan Pacific Hotel, 207 Adelaide Terrace, Perth, Western Australia at 11.00 am and to be used for upcoming presentations in London and Europe is available for viewing on the company's website www.medusamining.com.au
In accordance with Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act, the Company wish to advise that all resolutions put to the meeting of shareholders on 10 November 2011 have been passed on a show of hands.
Outlined below is the Preliminary Development Timetable for the Company's two main projects, the Co-O Mine and the Bananghilig Gold Deposit for the next 5 years. To view the "Preliminary Development Timetable", please visit the following link:
Please find attached a PowerPoint Presentation which the Company will present in Sydney commencing 24 October 2011. Outlined below are Competent Persons' Consents in relation to resource and reserve information which appears in the Investor Presentation.
Snapshot of Medusa: Un-hedged, low cost, dividend paying gold producer focused on organic growth in the Philippines. Growth path to production of 400,000 ozs per year by end of 2015. Growth underpinned by strong cashflow from Co-O Mine (narrow vein underground). FY 2011/12: target 100,000 to 110,000 ozs at cash costs circa US$200/oz
