Medusa Mining Limited is primarily engaged in mineral exploration, evaluation, development and mining/production of gold. The Company operates in three segments: Mine, Exploration and Other. As of June 30, 2012, the Company�s operational mine was the Co-O mine, which is a rail or tracked mine utilizing battery driven electric locomotives and 1.2 to 1.5 ton mine cars. The Company�s projects include Co-O Mine, Co-O, Usa porphyry copper- gold target, Saugon, Anoling, Apical, Corplex, Sursur project and Lingig copper prospect. During the fiscal year ended June 30, 2012, the Company produced 60,595 ounces of gold. As of June 30, 2011, its Co-O Mine reserves stood at 568,000 ounces contained in 1,820,000 tons at 9.7 grams per ton gold. The Company�s Tambis Project consists of the Bananghilig and Kamarangan prospects.