Medusa Mining Limited is primarily engaged in mineral exploration, evaluation, development and mining/production of gold. The Company�s Co-O Mine is a rail or tracked mine utilizing battery driven electric locomotives and 1.2 to 1.5 tons mine cars. The mine operates using two adits, four inclined 60 degree internal shafts, two vertical external shafts (Ventilation and L8 shafts) and two inclined external shafts (Agsao and Baguio shafts ). The Tambis project comprising the Bananghilig Gold Deposit is operated under a Mining Agreement with Philex Gold Philippines Inc. over Mineral Production Sharing Agreement (MPSA) 344-2010-XIII, which covers 6,262 hectares. The Lingig copper discovery is located within the Das-Agan Project consisting of Mineral Production Sharing Agreement (MPSA) 343-2010-XIII and situated in Surigao Del Sur province in east Mindanao.