Marengo Mining Limited

Marengo Mining Limited

June 23, 2008 00:00 ET

Marengo Mining Limited: Notice of General Meeting

PERTH, WESTERN AUSTRALIA--(Marketwire - June 23, 2008) -


Marengo Mining Limited ("Marengo" or "the Company") (TSX:MRN)(ASX:MGO)(POMSoX:MGO) is pleased to announce the Notice is given that the General Meeting of shareholders of Marengo Mining Limited will be held at Level 2, 9 Havelock Street, West Perth, Western Australia at 10 am (WST - Australia) on Thursday, 31st July 2008.

The meeting of the business will be to consider the following resolutions:

1. Approval of Grant of Incentive Options to John Horan

2. Approval of Grant of Incentive Options to Les Emery

3. Approval of Grant of Incentive Options to Sir Rabbie Namaliu

4. Approval of Grant of Incentive Options to Douglas Dunnet

5. Approval of Grant of Incentive Options to Susanne Sesselmann

6. Approval of Grant of Incentive Options to Elizabeth Martin

7. Approval of Grant of Incentive Options to John Hick

8. Increase in Non-Executive Directors' Fees

9. Employee Share Option Plan

The Notice of General Meeting will be dispatched to shareholders shortly and in the meantime will be available at under the announcements section.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares within the United States. The ordinary shares have not been offered and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws. Accordingly, the ordinary shares may not be offered or sold in the United States or to U.S. persons (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws or an exemption from such registration is granted.

About Marengo Mining Limited

Marengo Mining Limited (TSX:MRN)(ASX:MGO)(POMSoX:MGO) is an emerging, Australian-based international metals company which is focused on the development of its 100%-owned Yandera Copper-Molybdenum Project in Papua New Guinea.

A Definitive Feasibility Study ("DFS") is currently underway on the Yandera Project (previously reported JORC compliant Inferred mineral resource of 497 million tonnes at 0.48% copper equivalent and an Indicated mineral resource of 163 million tonnes at 0.49% copper equivalent). The DFS is due for completion by mid-2009.

The commencement of the DFS follows the completion of a Conceptual Mining Study during 2007, which confirmed the potential for a robust, long-life development of the Yandera Project, as a significant strategic source of copper and molybdenum for world markets.

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