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Highlights:
- Strike Extension: Southern Hemisphere Mining Ltd (ASX:SUH) has successfully extended the strike at its Llahuin Copper-Gold-Moly Project to 2.2 kilometres, with new drilling results revealing strong mineralisation south of the Ferro deposit.
- Drill Results: Recent reverse circulation drilling returned significant results, including 81 metres at 0.49% copper equivalent (CuEq) and 122 metres at 0.41% CuEq, with high-grade intervals such as 48 metres at 0.58% CuEq from 30 metres depth.
- Resource Potential: The new results significantly enhance the project’s growth prospects ahead of a planned mineral resource estimate (MRE) update in H1 2025. The system remains open along strike, offering further upside for potential exploration and expansion.
Southern Hemisphere Mining Ltd (ASX:SUH) has announced a significant extension of the strike at its Llahuin Copper-Gold-Moly Project in Chile, following a phase of reverse circulation (RC) drilling. The recent drilling campaign has increased the strike length to 2.2 kilometres, up from 1.9 kilometres, particularly south of the Ferro deposit.
Notable drill results include 81 metres at 0.49% copper equivalent (CuEq) from two metres depth, with a high-grade interval of 48 metres at 0.58% CuEq from 30 metres. Another key result is 122 metres at 0.41% CuEq from two metres, including 58 metres at 0.49% CuEq from 66 metres. These results underscore the growing potential of the Llahuin project, particularly as mineralisation is largely near-surface, ideal for open-pit mining.
The extension of the strike length demonstrates the large scale of the Cerro-Ferro deposits, which remain open both to the north and south. This provides further exploration potential, with the system continuing to show expansion opportunities in strike, plunge, and dip extensions. The recent results significantly bolster the company’s outlook for the upcoming mineral resource estimate (MRE) update, scheduled for the first half of 2025.
Chairman Mr. Stowell highlighted the success of the drilling campaign, noting that the Cerro-Ferro deposits are expanding and the broader Llahuin Copper-Gold-Moly Project is showing promising signs of continued growth. These results further demonstrate the project’s potential to unlock substantial value in the coming years.
