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Medusa Mining Limited: New Board Appointments
Published : January 25, 2013
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COMO, WESTERN AUSTRALIA--(Marketwire - Jan. 24, 2013) - Medusa Mining Limited ("Medusa" or the "Company") (News - Market indicators)(LSE:MML), advises that it has appointed and welcomes Mr Gary Powell and Attorney Raul Villanueva to the Board of Medusa.

Mr Gary Powell

Mr Gary Powell has been appointed Non-executive Director as of 24 January 2013 and brings Philippines operating experience to the Board. Mr Powell is a geologist with over 30 years of experience working in West Australia, Central Asia and importantly, since 1997, in the Philippines.

Mr Powell has worked for major and junior companies as an employee and on a consulting basis. He was a founding and Managing Director of ASX listed Egerton Gold NL from 1993 to 2000, and more recently a founding, Non-Executive and then Executive Director from 2004 to 2009 of Metals Exploration plc listed on the Alternative Investment Market in the United Kingdom. In his role with Metals Exploration plc, Mr Powell managed the progressing of the Runruno Deposit (1.39 million ounces of gold, and 25.6 million pounds of molybdenum) in the Philippines to the drilled up resource stage (and which is now moving towards construction).

Mr Powell has recently been overseeing the resource drilling at the Company's Bananghilig Project and will continue to consult to the Company as required.

Attorney Raul Villanueva

Attorney Raul Villanueva has been appointed an Executive Director of Medusa as of 24 January 2013 following his recent appointment as President of the Company's Philippines operating company, Philsaga Mining Corporation ("Philsaga") in December 2012. Attorney Villanueva who has been the Executive Vice President of Philsaga since November 2011 was appointed President of Philsaga following the retirement of Mr Samuel Afdal.

Attorney Villanueva who has Bachelor degrees in Economics, Military Science & Tactics, and Law has been a member of the Integrated Bar of the Philippines and an Attorney and Counsellor-at-Law since 1994. He brings a focused approach to improving the operating systems and professionalism of the Company, based on his education and several years of experience in law as well as managing companies and will further align the objectives of the Medusa Group of Companies.

The Board of Directors

Following the appointments of Mr Powell and Attorney Villanueva as Board members, the Medusa Board now comprises:

Mr Geoffrey Davis Non-executive Chairman
Mr Peter Hepburn-Brown Managing Director
Attorney Raul Villanueva Executive Director
Mr Andrew Teo Non-executive Director
Dr Robert Weinberg Non-executive Director
Mr Ciceron Angeles Non-executive Director
Mr Gary Powell Non-executive Director

Geoffrey Davis, Non-executive Chairman of Medusa commented:

"We are delighted to welcome Gary and Raul to the Board of Medusa. They bring a range of key skills and a wealth of experience that will further bolster Medusa's existing strong management team and contribute to the continuing success of the Company in the Philippines.

"I would also like to acknowledge the valuable contribution of Mr Afdal who was a founding Director of Philsaga, and in particular for instituting the very successful social programmes for and within the communities in which the Company's operations are situated."

ABN: 60 099 377 849

Australia: Medusa Mining Limited
Peter Hepburn-Brown
Managing Director
+61 8 9367 0601
+618-9367 0602 (FAX)
United Kingdom: SP Angel Corporate Finance LLP
(Financial Adviser & Broker)
Ewan Leggat/Laura Littley
+44 (0)20 3463 2260
Companies Mentionned : Central Asia | Medusa Mining | Metals X |
Data and Statistics for these countries : Australia | Philippines | United Kingdom | All
Gold and Silver Prices for these countries : Australia | Philippines | United Kingdom | All

Medusa Mining Ltd

ISIN : AU000000MML0
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Medusa Mining is a producing gold and copper company based in Australia.

Medusa Mining holds various exploration projects in Philippines.

Its main exploration properties are CO-O, CORPLEX, ABACUS, ANOLING and APICAL in Philippines.

Medusa Mining is listed in Australia, in Canada, in Germany and in United Kingdom. Its market capitalisation is AU$ 129.9 millions as of today (US$ 93.7 millions, € 84.0 millions).

Its stock quote reached its highest recent level on June 03, 2011 at AU$ 8.60, and its lowest recent point on December 25, 2015 at AU$ 0.33.

Medusa Mining has 207 790 000 shares outstanding.

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Corporate Presentations of Medusa Mining Ltd
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In the News and Medias of Medusa Mining Ltd
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2008 Annual Report
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2006 Annual Report
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4/15/2009(Co-o)Quarterly activities report
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7/31/2013: Quarterly Activities Report Period Ended 30 June 2013
7/8/2013(Co-o): Co-O Operations Update
4/15/2013: Investor Presentation April 2013
12/4/2012: Typhoon Pablo
11/15/2012: Results of Annual General Meeting
10/30/2012: Quarterly Activities Report Period Ended 30 September 2012
8/29/2012: Full Year Results
4/30/2012: Investor Presentation May 2012
4/24/2012: Quarterly Activities Report Period Ended 31 March 2012
2/10/2012: Investor Presentation February 2012
1/30/2012December 2011 Quarterly Report
1/17/2012: Bananghilig Deposit Drilling Update
12/16/2011: Appendix 3B
12/5/2011: Issue of Performance Rights
11/23/2011: Exercise of Options
11/14/2011: Director's Shareholding
10/24/2011: Investor Presentation
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8/24/2011ASX Announcement
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1/25/2011- Medusa Quarterly Report
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1/25/2010Notice of no corporate associations
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8/12/2009ASX Announcement
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