Next steps for Marengo at Yanderra

AN independent report by Golder Associates has concluded that Marengo Mining’s Yanderra project has a defined significant porphyry copper-molybdenum deposit.
Next steps for Marengo at Yanderra Next steps for Marengo at Yanderra Next steps for Marengo at Yanderra Next steps for Marengo at Yanderra Next steps for Marengo at Yanderra

The group estimated there was a combined measured and indicated copper-molybdenum resource of 622 million tonnes at a 0.2% cut-off grade, while 472Mt at a 0.25% cut-off was also observed.

Golder recommends Marengo continue to interpret detailed structural and geological data.

The company also said rhenium samples were very limited in number and that Marengo should conduct further analysis to confirm the relationships used to define rhenium grades in the resource.

Golder said Marengo's work order at Yanderra should be in the order of $240,000, which includes ongoing geological interpretation, resource update, quality assurance for its gold-silver resource and further rhenium analysis.

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