MML Medusa Mining

TIDMMML

RNS Number : 8641B

Medusa Mining Limited

25 February 2011

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: admin@medusamining.com.au

Internet: www.medusamining.com.au

ANNOUNCEMENT

25 February 2011

INVESTOR PRESENTATION

(ASX & LSE: MML; TSX: MLL)

Medusa Mining announces an updated Investor Presentation which the Company will present at the BMO Capital Markets 2011 Global Metals and Mining Conference in Miami and CITI 8(th) Annual Australian & New Zealand Conference in London in late February and early March 2011.

The PowerPoint presentation will be available for viewing on the Company's website on www.medusamining.com.au shortly.

Please see the link at the end of this announcement.

Outlined below are Competent Persons' Consents in relation to resource and reserve information which appears in the Investor Presentation.

Medusa Mining Limited

Information in this report relating to Exploration Results has been reviewed and is based on information compiled by Mr Geoff Davis, who is a member of The Australian Institute of Geoscientists. Mr Davis is the Managing Director of Medusa Mining Limited and has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a "Competent Person" as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" and is a "Qualified Person" as defined in "National Instrument 43-101" of the Canadian Securities Administrators. Mr Davis consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Cube Consulting Pty Ltd

Information in this report relating to Mineral Resources has been estimated and compiled by Mark Zammit of Cube Consulting Pty Ltd of Perth, Western Australia. Mr Zammit is a member of The Australasian Institute of Mining & Metallurgy and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" and is a "Qualified Person" as defined in "National Instrument 43-101" of the Canadian Securities Administrators. Mr Zammit consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Cube Consulting is an independent Perth based resource industry consulting firm specialising in geological modelling, resource estimation and information technology.

Crosscut Consulting

Information in this report relating to Ore Reserves is based on information compiled by Declan Franzmann, B Eng (Mining), MAusIMM. Mr Franzmann is a full-time employee of Crosscut Consulting.

Mr Franzman has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" and is a "Qualified Person" as defined in "National Instrument 43-101" of the Canadian Securities Administrators. Mr Franzmann consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Refer to the Technical Report which was filed on Sedar in August 2010 for further discussion of the Co-O Deposit's geology, structural controls, drilling, sampling and assaying information, and any known material environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant issue.

For further information please contact:

 
 Australia 
 Medusa Mining Limited           +61 8 9367 0601 
 Geoffrey Davis, Managing 
  Director 
 Roy Daniel, Finance Director 
 United Kingdom 
 Fairfax I.S. PLC                +44 (0)20 7598 5368 
 Financial Adviser and Broker 
 Ewan Leggat/Laura Littley 
 Lothbury Financial Services 
  Limited                        +44 (0)20 7868 2567 
 Michael Padley/Libby Moss 
 Canada 
 Nicholas Sayce, Investor 
  Relations                      +1 416 822 4404 
 

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/8641B_-2011-2-25.pdf

This information is provided by RNS

The company news service from the London Stock Exchange

END

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