Southern Hemisphere Mining Limited reports that all results from the latest RC drilling program at its Llahuin Copper-Gold-Moly Project have been received from the ALS Laboratory in Chile, with results from the remaining 13 holes reported in this release.
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- Remaining results for the RC drilling program at Llahuin which began in December 2021 have been completed with 24 holes drilled for 2,787m in total.
- The Central Porphyry returned a best result in hole 22LHRC022 of 104m at 0.51% CuEq from 6m to end of hole.
- Best result at Cerro de Oro was in 22LHRC013 which intersected 51m at 0.48% CuEq from 7m depth to end of hole.
- New target at the Southern Porphyry intersected a zone of 11m at 0.25% CuEq from 58m depth to be followed up also testing a previously untested IP target.
Note holes were designed to test near surface higher grade and thus several holes end in mineralisation.
The drillhole locations are shown in Figure 2.
The next stage of drilling is starting this week and will comprise a small orientated diamond drilling program designed to verify structures and densities at both the Central Porphyry and Cerro De Oro deposits.
Data from this program will guide further near surface drilling this year.
All of the assays have been received from the ALS laboratory in Chile and significant results are presented in Table 1 below.
Note: there has been insufficient exploration to estimate a Mineral Resource at the Southern Porphyry target and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Turnaround times for the laboratory have increased due to personnel issues associated with COVID.
Date: 28 April 2022 | ASX Code: SUH
Competent Person / Qualified Person Statement:
The information in this report that relates to copper and gold exploration results for the Company’s Projects is based on information compiled by Mr Adam Anderson, who is a Member of The Australasian Institute of Mining and Metallurgy and The Australian Institute of Geoscientists. Mr Anderson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Anderson is a consultant for the Company and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. For further information, please refer to the Technical Reports and News Releases on the Company’s website at www.shmining.com.au
Southern Hemisphere Mining Limited is an experienced minerals explorer in Chile, South America. Chile is the world’s leading copper producing country and one of the most prospective regions of the world for major new copper discoveries. The Company’s projects include the Llahuin Porphyry Copper-Gold-Moly Project, the adjacent Colina 2 Gold Project, and the Los Pumas Manganese EV Battery Project, all of which were discovered by the Company.