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Marengo Mining Limited
Corporate Profile

Marengo Mining Limited, a diversified metals company, has established a strong position in Papua New Guinea (PNG) with the Yandera Copper-Molybdenum-Gold project.

With an MOU with leading Chinese construction group, China Nonferrous Metal Industry's Foreign Engineering and Construction Co. Ltd ("NFC"), Marengo represents an excellent leveraged opportunity for these commodities in a country with a demonstrated capacity to host world class mineral deposits.

Marengo represents an excellent leveraged opportunity for these commodities in a country with a demonstrated capacity to host world class mineral deposits.

Highlights

  • Marengo holds a 100% interest in the Yandera Cu-Mo-Au Project (PNG).

  • A substantial diamond drilling campaign by both Marengo and previous operators has enabled the release of a JORC / NI43-101 compliant resource (at a 0.25% Cu cut-off) totalling:

    • Measured Resource of 248 Mt @ 0.43% copper, for 2.3 billion pounds of contained copper and 101 million pounds of contained molybdenum;

    • Indicated Resource of 114 Mt @ 0.42% copper, for 1.0 billion pounds of contained copper and 39 million pounds of contained molybdenum; and

    • Inferred Resource of 218 Mt @ 0.37% copper, for 1.7 billion pounds of contained copper.

  • Marengo controls some 1,730 square kilometres of exploration licences along a highly prospective and largely unexplored portion of the New Guinea Copper Belt.

  • Strong international institutional support has enabled Marengo to fully fund the FS to date.

  • Marengo has an experienced board and technical team with vast experience in all facets of the resources industry.

  • Currently listed on the Toronto Stock Exchange (TSX: MRN) effective 14 April 2008, the Australian Stock Exchange (ASX: MMC) and PNG's Port Moresby Stock Exchange (POMSoX: MMC).

  • Current cash at bank is now approx. A$5.8 million as at 30 April 2013.

updated 14th June, 2013

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