Marengo hits rich copper, gold, zinc sites

MARENGO Mining, which expects to complete a feasibility study on its Yandera copper-molybdenum project in 2009, has discovered highly anomalous rock chip samples at three separate locations near Yandera.
Highly anomalous rock chips and float samples were located at the Gogobangu prospect, about 2km east of the main Yandera deposit; at the North and South Bononi Prospect, about 4km to the southeast and at the Queen Bee prospect, 8km to the North West.
In an announcement to the Australian Stock Exchange, Marengo said the newly-named Gogobangu prospect represented a distinct mineral anomaly with five samples returning grades above two grams a tonne of gold.
It said the sample with the highest value of 19.1 g/t also returned 75 g/t silver, 0.12% copper, 247 parts per million molybdenum, 0.78% lead and 3.76% zinc.
“Several other samples returned anomalous zinc, lead and molybdenum values,” it said.
Marengo’s managing director Les Emery said the geological prospect of this anomaly had yet to be determined, but it appeared Gogobangu did not represent an extension to Yandera but was considered “strike parallel”.
 

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