Southern Hemisphere Mining Limited reports the Quarterly Activity Report for the period ended 30 June 2023.

Read the full QAR

⚒️ HIGHLIGHTS

EXPLORATION ACTIVITIES

  • Llahuin Copper-Gold-Moly Porphyry Project 100%

During the quarter under review, the Company continued its soil, rock chip sampling, mapping programs and its extensive relogging of historical drill holes to understand newly-discovered veins hosting high-grade mineralisation occurring in swarms within the porphyry breccia.

The team on site also completed over 4,000 pulp composites which have been multi-element analysed by in-house Pxrf to assist with understanding the multi-element signature of the deposit.

The relogging and Pxrf work will assist with the new geological interpretation later this year. This understanding is a vital part of refining the highly anticipated drill program scheduled for the 4th quarter this year.

On 19 April 2023, the Company reported that the geological mapping of areas previously unexplored within the project area continued and identified additional mineralised veins in areas outside known resources in the project area.

Figure 2. Project map showing the large growth target at Cerro-Ferro deposits link and comparative scale to the Kalgoorlie Super-Pit

The Company also panned gold in five samples taken from a 500m stretch north of the resource zone at the 1.9km-long Cerro Ferro porphyry-hosted geochemistry target. From the newly-discovered outcropping quartz veins a best result of 18.65g/t gold, with another sample just 4m away returned 7.56g/t gold.

Several high-grade copper veins were also found west of Ferrocarril porphyry deposit returning results of up to 7.28% copper.

(Refer ASX Announcement, dated 19 April 2023 – High-Grade Rock Chips Up To 7.28% Cu, 18.65g/t Au & 55g/t Ag).

Figure 3 Panned gold tail (near sample 22LHR000297 and 299)

  • Los Pumas Battery Metals Manganese Project 100%

On 3 May 2023, the Company reported a substantial JORC mineral resource upgrade for its wholly owned Los Pumas Battery Metals Manganese Project in northern Chile to 30.26 million tonnes of ore, including 23.3 million tonnes in the indicated category.

The resource upgrade now concludes the exploration stage of this long-life battery metals manganese project and moves it to the scoping and metallurgical study phase.

The advance also marks a milestone in the Company’s plans to provide high-quality resources for the production of High-Purity Manganese at site.

Table 1: Independent Resource Consultant, Global Commodity Solutions (“GCS”) completed the JORC resource summary.

(Refer ASX Announcement, dated 3 May 2023 – JORC Mineral Resource Estimate Update- Los Pumas Project).

View the full PDF of the Quarterly Activities Report here

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.

News Release
Date: 14 July 2023 | ASX Code: SUH

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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 Lago Lithium Exploration Project, and the Los Pumas Battery Metals Manganese Project, all of which were discovered by the Company.

For the latest information about the Company – please visit our Latest News and Corporate Profile pages. We are also on LinkedIn and Twitter.