9th Dec 2013 08:30
| MEDUSA MINING LIMITED ABN: 60 099 377 849 Unit 7, 11 Preston Street Como WA 6152 PO Box 860 Canning Bridge WA 6153 Telephone: 618-9367 0601 Facsimile: 618-9367 0602 Email: [email protected] Internet: www.medusamining.com.au |
09 December 2013
NEW SAG MILL UPDATE - POWERCELLS
(ASX & LSE: MML)
Medusa Mining Limited ("Medusa" or the "Company"), through its Philippine operating company Philsaga Mining Corporation, wishes to announce the following:
The repaired Powercells have been installed, tested and are currently operating without any issues.
The new SAG Mill which was successfully started last week is currently undergoing commissioning and will gradually build to its throughput of 2,500 tonnes per day ("tpd") during the March 2014 quarter.
As advised on 23 October 2013, as a consequence of this delay, the production for the December quarter will be reduced, until the new SAG mill is operating at its anticipated throughput of 2,500 tpd.
For further information please contact:
Australia | |
Medusa Mining Limited | +61 8 9367 0601 |
Peter Hepburn-Brown, Managing Director | |
United Kingdom | |
SP Angel Corporate Finance LLP (Financial Adviser & Broker) | +44 (0)20 3463 2260 |
Ewan Leggat/Laura Littley |
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