Read the reports issued by Medusa in recent times and you will...

Read the reports issued by Medusa in recent times and you will more than likely find your answers. It is relevantly noted that we have had two well regarded mining experts join the Medusa board. The recent addition of Jeffery McGlinn is interesting in that I believe he was one of the founding members of NRW Holding Ltd which is a mining services company.Do your own research on the company and its founding member and you may be able to glean his expertise.

Medusa is a narrow vein gold miner. In my opinion it would be very difficult to identify gold reserves deep underground. Its not like having apple trees in an orchard where stock can be easily identified. You are not about to see gold nuggets pop out of the surface and say here I am. Quite obviously Medusa is mining in a gold enriched area so any progress they make underground has the potential to uncover gold resources as they go. The decline may take three years to complete but quite obviously Medusa will continue mining and creating exploration stations as the decline progresses. The decline is going down into a gold enriched area.

It is relevant to note that Medusa has 16 mining tenements. One is under production (Co-O) 3 are under exploration and activity is yet to commence on the others. There is in excess of 400 sq km in Medusa's exploration portfolio.

As previously noted take note of the infrastructure and service facilities Medusa has put in place. They are quite obviously in for the long haul.

Do your own research.