⚒️ Southern Hemisphere Mining Limited reports its Quarterly Activity for the period ended 30 June 2025.
- Farm-in Partner FMR Resources to drill the highly prospective Curiosity-Southern Porphyry Copper-Gold Target
- FMR Resources to fund up to $13m exploration expenditure and payment of $2.67m over two stages to earn up to 60% of the JV
- Stage 1 includes a minimum of one 1,400m drill hole in the Curiosity Target scheduled for Q4 CY2025
- Southern Hemisphere retains 100% of all JORC resources at Llahuin, Resource update pending
- Excellent correlation between Magneto-Telluric (MT) survey, litho-geochemical depth target modelling and Induced Polarisation (IP) data over the large Curiosity Copper-Gold Target at Llahuin
- The new Ferro West low resistivity MT target west of the Ferro copper deposit also has copper oxides at surface identified from detailed surface geological mapping program
- Two new exploration licences under application in the Collier Basin, Western Australia. The Collier Basin is prospective for high grade copper-lead-zinc
Figure 1: Location map of Southern Hemisphere’s Projects in South America.
EXPLORATION ACTIVITIES
The Company executed a conditional, binding terms sheet with FMR Resources Limited (ASX: FMR) under which FMR has the right to earn up to a 60% interest in 4 concessions that form the southern por on of SUH’s Llahuin Copper-Gold Project in Chile, including the large Curiosity Southern Copper-Gold Target.
SUH will retain 100% of the northern concessions, which includes the mineral resources announced on 18 August 2013. A resource update is pending in the coming weeks. Also excluded is an area comprising the Ferro deposit, Ferro South and the Ferro West Target and any extensions thereof which is to the north of AMAPOLA 1, 1 AL 300 – RED 1/228.
A map showing the concessions and the material terms of the binding terms sheet with FMR is contained in ASX announcement dated 16 June 2025 – Curiosity-Southern Porphyry Copper-Gold JV for Deep Drilling.
The Company will continue is focus on exploration on existing and current resources at Llahuin towards a mine scale resource, with substantial opportunities for resource expansion both open pit and underground, including the MT copper target Ferro West reported on 22 April 2025.
The Company will also commence exploration activities on its 100% owned Cardawan Copper Project in Western Australia once the tenements have been granted.
As announced to the market subsequent to the quarter end, FMR Resources Limited will continue to conduct exploration activities to define phase I drilling target areas with drilling on track to commence in Q4 2025. (refer ASX Announcement dated 9 July 2025, Drilling Target Areas Refined at Curiosity-Southern Porphyry).
The Magneto-Telluric (MT) Deep Target Study
Curiosity Copper-Gold Target
Results were reported from the recently completed deep penetrating Magneto-Telluric (“MT”) geophysical survey, completed over the 100% owned Llahuin Project.
The MT survey was successful in establishing a clear correlation between the previously announced lithogeochemical Fathom depth target model for mineralisation comprising the Curiosity Copper-Gold Target, a subcircular target 1km to 2km in diameter and this large MT resistivity anomaly extending significantly to depth.
Ferro West Copper Target
The MT survey was also successful in defining a second large resistivity anomaly west of the Ferro deposit at Llahuin in establishing a sub-circular target 500m in diameter and extending to 500m deep.
FIGURE 2
Figure 2. Llahuin Magneto-Telluric 3D Inversion Resistivity long section with north to right and MT Resistivity shells with green <100 Ώm, pink <50Ώm and grey <35Ώm. Drill traces overlain.
Cardawan Copper Project
The new Cardawan licence applications (ELA 52/4433 and ELA 52/4434) are located approximately 160km south of Newman, and the Great Northern Highway runs through the project. The tenements are 169 and 8 blocks size respectively. (Approximately 3km2 per block). This large copper prospect was pegged during the quarter by the Company based on an exploration concept for sedimentary hosted copper deposits.
The historic Kumarina Group of copper deposits and prospects are along strike and in adjacent to other tenements to the east of Cardawan. The Abra lead silver mine is 70km west of the Cardawan Copper Project and the DeGrussa VMS copper gold silver mine is approximately 100km south.
Preliminary exploration work is in progress as an early-stage low-cost high impact copper prospect in an excellent location both geologically and strategically. Sedimentary hosted copper deposits are common in the Zambian copperbelt.
Los Pumas Battery Metals Manganese Project 100%
The Los Pumas Project is an advanced manganese deposit for which Southern Hemisphere is seeking offake/JV funding/sale for a long life mine to produce:
- Agriculture products for soil improvement;
- Electrolytic Manganese for steel making; and/or
- High-Purity Manganese Sulphate Monohydrate (“HPMSM”) to supply the Electric Vehicle (“EV”) and energy storage markets.
Southern Hemisphere is actively marketing this project, and welcome any inquires to cosec@shmining.com.au
The Full PDF is available below.
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: 08 February 2024 | ASX Code: SUH | Frankfurt Exchange: NK4
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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 Manganese EV Battery 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 (X).
