⚒️ Southern Hemisphere Mining Limited reports diamond drilling has commenced to test the newly discovered Ferro South zone and deeper copper targets at the Company’s Llahuin Copper-Gold-Moly Project in Chile.

Southern Hemisphere Mining Chairman Mark Stowell commented:

“Southern Hemisphere Mining is working in Chile to discover a serious copper-gold-moly mine at Llahuin to supply copper metal into predicted future supply shortages. Our drilling is getting closer to the game changing drill hole or two as we vector towards the anticipated copper-gold feeder zone(s).”

 

HIGHLIGHTS
  • Diamond drilling is underway at Ferro South following the Company’s recently reported copper discovery
  • The initial program is planned for approximately 2,000 metres over ten weeks, with scope to extend drilling in response to geological observations and results
  • Initial holes are designed to test the extent and continuity of mineralisation and further investigate potential feeder zones within the broader Llahuin system
  • Copper isotope studies have identified an additional isotopic vector that may assist in targeting deeper copper mineralisation within the broader Cerro-Ferro system
  • Initial assay results are expected towards the end of November 2026, subject to laboratory turnaround times

Figure 1. Diamond drill rig and support equipment at Ferro South, Llahuin Project, Chile

The commencement of drilling follows Southern Hemisphere’s announcement on 10 September 2026 outlining a follow-up drilling program at Ferro South.

The Company plans to drill initial holes to approximately 300 metres downhole, with selected holes potentially extended to approximately 500 metres where geological observations in the drill core warrant further testing.

A copper isotope study undertaken by VectOres has identified isotopic vectors interpreted to indicate the potential for a deeper mineralised source within the broader Cerro-Ferro system.

The current diamond drilling program will test these targets and provide further information on the geometry, continuity and potential depth extent of the mineralised system.

Copper isotope analysis is an emerging exploration technique that examines variations in naturally occurring copper isotopes, including δCu-65 and δCu-63. These variations may provide exploration vectors toward the source of copper-bearing hydrothermal fluids and assist geologists in refining targets within porphyry copper systems.

Further information on VectOres is available at: www.vectores.earth

Drill core will be geologically logged, sampled and submitted for laboratory analysis. The Company expects initial assays results towards the end of November 2026, subject to laboratory turnaround times, and will report material results as they become available.

Figure 2. Plan view of Cerro-Ferro and Ferro South zones, noting first hole 24LHRC047 extension to ~260m.

The Full PDF is available below.

Competent Person Statement

The information in this announcement 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 announcement of the matters based on his information in the form and context in which it appears.

Compliance Statement

The information in this announcement that relates to previously reported Exploration Results is extracted from announcements titled:

“Diamond Drilling to Commence at Llahuin, Chile” dated 10 September 2026 “Further Large Zones of Copper Mineralisation – Llahuin” dated 1 September 2026 “Large Zones of Copper Mineralisation Intersected At Llahuin” dated 4 August 2026 “Increased JORC Resource – Llahuin Copper-Gold Project” dated 30 July 2025

News Release
Date: 30 September 2026 | 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 flagship Llahuin Copper-Gold-Moly Project and the Los Pumas Manganese Project, both of which were discovered by the Company.

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