MEDUSA MINING LIMITED (MML)

MEDUSA MINING LIMITED (MML)

MEDUSA MINING LIMITED (MML) - Co-O VEIN SYSTEM DRILLING UPDATE

Medusa Mining Limited, the Australian based company operating and developing gold mines in the Philippines, advises the latest results from the on-going diamond drilling at the Co-O Gold Mine.  This report summarises the drilling since the last report of 7 April 2008.  The drilling continues to extend the known vein system which is now drilled over approximately 1,000 metres along strike and with indications that it is up to approximately 300 metres wide across strike.

Geoff Davis, Managing Director commented:
“These results confirm the presence of additional veins, with some holes showing excellent grades.  The ongoing drilling will better define these and, we believe, further extend the system westward.”

For more information please go to: www.medusamining.com.au

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