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Company News: Marengo Mining
Updated: 21 Oct 2011

Marengo Mining Limited has established a strong position in Resource Rich Papua New Guinea (PNG) where it is advancing its Yandera Copper-Molybdenum-Gold Project.

This world scale project contains one of the largest undeveloped porphyry copper-molybdenum - gold projects in the south-west Pacific region.

Recent Highlights

•    Definitive Feasibility Study on the Yandera  Central Project due for release 2012.
•    MoU with leading Chinese Company China Non Ferrous Metals (NFC)
•    PNG government 30% Participation Agreement announced.
•    $A5million exploration budget to target identified prospects for Gold and base metals.

Business Category Exploration; Mining
Regions of Operation South-East Asia
Exchange Ticker MGO/MRN
 

Financial Information

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Exchanges listed on ASX, POMSoX, TSX
Share Holders Sentient Global Resources Fund; Quantum Partners LDC
Market Cap 84.66M
Shares Issued 498.8M
Office
  • Level 2
  • 9 Havelock St
  • West Perth
  • Western Australia
  • WA 6005
  • Australia
 
 

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