Marengo increases Yandera resources

Dual-listed Marengo Mining has updated the resource estimate for its Yandera copper/molybdenum/gold project, in Papua New Guinea. The ASX- and TSX-listed developer said on Wednesday that the project was estimated to host a measured and indicated resource of 630-million tonnes, grading 0.33% copper, 0.01% molybdenum, and 0.07 parts per million (ppm) gold, as well as an inferred resource of 117-million tonnes, grading 0.30% copper, 0.005% molybdenum and 0.05 ppm gold.