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Medusa Mining Limited ("Medusa" or the "Company"), a public company listed on the ASX and LSE, is an Australian based gold producer. Medusa's corporate strategy is to become crown plaza hotel mundelein il a mid-tier, 400,000 ounce per year, low-cost gold producer.The Company has completed the two-phase expansion of its high grade Co-O Mine operations to a production level of 100,000 annualised ounces. The Company crown plaza hotel mundelein il is in construction Phase 3 expansion crown plaza hotel mundelein il of the mill to increase capacity to 200,000 crown plaza hotel mundelein il ounces.Resource drilling crown plaza hotel mundelein il at the Bananghilig Deposit has confirmed 1,100,000 ounces of Inferred Resources. Infill drilling to indicated status is nearing completion.Further potential crown plaza hotel mundelein il upside exists for the discovery of copper and additional gold deposits within the tenement holding of more than 800km2.
The City firm said it was now bringing down its December quarter forecast to 18,500 ounces (from 35,000oz), assuming that Medusa crown plaza hotel mundelein il keeps milling around 30,000 tonnes a month for October and November and this ramps up to 45,000 tonnes in December as the new mill is commissioned.
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