Medusa Mining Limited Operations Update (1298Y)

TIDMMML

RNS Number : 1298Y

Medusa Mining Limited

21 January 2014

 
              MEDUSA MINING LIMITED 
                ABN: 60 099 377 849 
          Unit 7, 11 Preston Street 
                       Como WA 6152 
                         PO Box 860 
             Canning Bridge WA 6153 
          Telephone: [phone] 
          Facsimile: [phone] 
   Email: [e-mail] 
  Internet: www.medusamining.com.au 
 

21 January 2014

OPERATIONS UPDATE

(ASX & LSE: MML)

Medusa Mining Limited ("Medusa" or the "Company"), through its Philippine operating company Philsaga Mining Corporation, wishes to announce the following:

There has been an intense Low Pressure System situated over the southern section of Mindanao for the past two weeks resulting in heavy rains, which has caused extensive flooding. Several sections of the highway from Davao to the mine site are inaccessible as a result of flooding.

At the Company's operations, incessant rain has caused slippages and landslides in several areas around the mine and as a precautionary measure, the Company has ceased all mining activities.

There have been no reported injuries.

The Company will release updates as and when the situation changes.

For further information please contact:

 
  Australia 
  Medusa Mining Limited                              [phone] 
  Peter Hepburn-Brown, Managing Director 
  United Kingdom 
  SP Angel Corporate Finance LLP (Financial 
   Adviser & Broker)                                 [phone] 
  Ewan Leggat/Laura Littley 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLIFSDLDILFIS