Southern Hemisphere Mining Limited has released its Quarterly Activities Report for the period ending 30 September 2022.
EXPLORATION ACTIVITIES (View PDF)
⚒️ The Company’s team of Geologists are progressing well through an extensive task, being the re-logging and re-interpretation of the geological system following recent results and over 20km of historical diamond core.
Figure 1. New core racks were built to store historical diamond core.
⚒️ The significant process of re-logging and re-interpretation has identified a large porphyry/breccia system at the Company’s 100% owned Llahuin Project. Recent thin section work by Mayor University in Santiago has confirmed the Central Porphyry and Cerro De Oro are the same porphyry rock types.
⚒️ The Llahuin Copper/Gold/Moly deposit hosts over 680kt CuEq in Central Chile. The Company can now focus on targeted exploration activities to determine whether the two deposits, Cerro De Oro and Ferrocarril are actually one large system over a 2km long mineralised zone.
⚒️ During the quarter under review, the Company collected a total of 144 -1mm soil samples at the Company’s 100% wholly owned Colina2 Copper/Gold Project to verify historical soil results over the licence.
Figure 2. Colina2 Gold in soils with 0.05ppm (+50ppb) and 0.02 Gold contours
The results were very encouraging with two samples over 0.5g/t Gold (620ppb max) in areas not currently drill tested. A regional rockchip and mapping program is rapidly advancing with 169 samples collected to date and further sampling is planned to cover the additional 14 new licences at the Colina2 Project. (Refer ASX Announcement dated 8 September 2022)
Figure 3. Project location map in Chile.
View the full PDF of the Quarterly Activities Report here.
Date: 21 October 2022 | ASX Code: SUH
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.
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