2c6d6b38-2dc2-41fd-ab35-ca621d0da5d8.pdf
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
ANNOUNCEMENT
9 May 2015
INVESTOR PRESENTATION
(ASX: MML)
Please find attached a PowerPoint Presentation which the Company will present to Investors in May 2016.
Outlined below are Competent Persons' Consents in relation to resource and reserve information which appears in the Investor Presentation.
JORC CODE 2012 COMPLIANCE - CONSENT OF COMPETENT PERSONS
Medusa Mining Limited
Information in this report relating to Exploration Results has been reviewed and is based on information compiled by Mr Gary Powell who is a member of The Australian Institute of Geoscientists and the Australasian Institute of Mining and Metallurgy. Mr Powell is a full time employee 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 they are undertaking, to qualify as a "Competent Person" as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Powell 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
The information in this report that relates to Mineral Resources is based on, and fairly represents information and supporting documentation compiled by Mr Mark Zammit, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr Zammit is employed by Cube Consulting Pty Ltd and has sufficient experience which 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 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". 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.
Carras Mining Pty Ltd
The Information in this report relating to Ore Reserves is based on information compiled by Dr Spero Carras of Carras Mining Pty Ltd. Dr Carras is a Fellow of the Australasian Institute of Mining & Metallurgy and has 30 years of experience which 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 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Dr Carras consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Gold producer focused on organic growth in the Philippines
MEDUSA MINING LIMITED
(ASX:MML)
MAY 2016 INVESTOR PRESENTATION
MEDUSA SNAPSHOT
-
ASX listed gold producer; Philippine focused
-
Co-O Mine Resource 1.15 million ounces (Sep 2015)
-
Co-O Mine Reserve 427,000 ounces (Sep 2015)\
-
Low cost, unhedged, no long-term debt
-
Co-O production drivers
-
Major resource to reserve conversion drilling program commenced January 2016
-
Mine infrastructure projects
-
Material handling efficiencies
-
Cost management initiatives
-
Organic growth
-
Near-mine exploration potential
-
Bananghilig Resource re-estimation 30 June 2016
-
Generative exploration program
2
CAPITAL STRUCTURE
-
Share Capital
-
Ordinary shares: 207,794,301
-
Unlisted options: 3,740,500
-
Market capitalisation (as at 31 Mar 2016): ~ A$162M
-
Cash On Hand
as at 31 Mar 2016: US$16.8M
-
Substantial Shareholders (as at 31 Mar 2016)
52% of shares institutionally held
3