Southern Hemisphere Mining Limited · ASX:SUH
Southern Hemisphere Mining — Latin America Down Under Conference 2025
26 slides from Southern Hemisphere Mining's conference presentation, Apr 30, 2025
Slide 1: Drilling the large Llahuin Copper-Gold Porphyry System in Chile to mine scale
Drilling the large Llahuin Copper-Gold For personal use only Porphyry System in Chile to mine scale Latin America Down Under Conference April 2025 ASX: SUH FWB: NK4 www.shmining.com.au
Slide 2: Disclaimer and Disclosure
Disclaimer and Disclosure This presentation includes certain forward-looking statements ASX releases referred to or source of data used in this presentation • Copper Equivalent Formula (JORC Resource) = Cu % + Au about future events and/or financial results which are forward- are as follows: (g/t) x
Slide 3: Llahuin Copper-Gold
For personal use only LLAHUIN COPPER-GOLD • A rare opportunity • Chile Int Credit Rating of A (S&P) (Australia AAA, Argentina CCC) • Geology A • Almost all majors operate in Chile • 100% owned • Llahuin delivering results like 105m@ 0.64%CuEq from surface to EOH incl 26m@ 0.91% from 78m Southern Hem
Slide 4: Capital Structure
Capital Structure Fully paid ordinary shares 736,240,044 Unlisted options (mgt) 13,750,000 For personal use only Unlisted Opts (broker) (10c, 17/06/27) 1,000,000 Shareholder Distribution Cash (31 March 2025) $1.7m VAT Accrued $4,500,000 Market cap at $0.035 $26m 25% Top 20 29% Retail Listed: ASX Tic
Slide 5: Management: Copper and gold discovery, mining expertise
Management: Copper and gold discovery, mining expertise Over 40 years combined mine discovery, development and / or operating experience internationally including Dikulushi - located in DRC Africa & Grasberg Mine - located in West Papua Mark Stowell Internationally experienced resource sector execut
Slide 6: Llahuin Copper-Gold: Land of the giants
Llahuin Copper-Gold: Land of the giants Llahuin within 100km of giants For personal use only • Los Pelambres- Antofagasta-Chile • Los Azules- McEwen Copper-Argentina Float Richard Warke • El Pachon- Glencore-Argentina 39% 36% • Altar- Aldebaran-Argentina Lowell ü Llahuin-Excellent Location 2% Beaty
Slide 7: An existing large resource base
For personal use only An existing large resource base • Confirmed copper-gold system • Current Total Copper tonnes: 686,000t CuEq M+I+I • From surface, open pit style mining configuration • Huge scale upside • Interim resource upgrade in progress for Q2 Southern Hemisphere Mining Limited I ASX: SUH
Slide 8: Llahuin Copper-Gold: Footprint Size Comparison
Llahuin Copper-Gold: Footprint Size Comparison Long section through Central Porphyry to Ferro, showing the conceptual fathom geochemical models, and implicit geochemical models based on existing drilling. For personal use only Note the similar geometries/footprint to Filo Del Sol deposit.(Filo Minin
Slide 9: Llahuin Copper-Gold is delivering on exploration
For personal use only Llahuin Copper-Gold is delivering on exploration Southern Hemisphere Mining Limited I ASX: SUH 9
Slide 10: Selection of Top Drill Results (2024 drilling highlighted)
For personal use only Selection of Top Drill Results (2024 drilling highlighted) Central Porphyry underground adit sample showing chalcocite and chalcopyrite (within JORC Resource ASX 13 Aug 2013) Southern Hemisphere Mining Limited I ASX: SUH 10
Slide 11: Llahuin Recent Drilling-Plan View
For personal use only Llahuin Recent Drilling-Plan View Drill Collar Locations Southern Hemisphere Mining Limited I ASX: SUH 11
Slide 12: Llahuin Copper-Gold – Technical Summary
Llahuin Copper-Gold – Technical Summary 1. Drilling results delivering across multiple targets to add tonnes and grade For personal use only 2. Surface geochemistry works +2000 samples 3. Full surface mapping and sampling program instigated identifying the vein structures and orientations, continuin
Slide 13: Llahuin Central Deposit 108mt @ 0.42% CuEq Measured and Indicated
For personal use only Llahuin Central Deposit 108mt @ 0.42% CuEq Measured and Indicated Resource drilling complete for open pit mining ü ~1:1 Strip ratio, ore from surface ü Defined depth of drilling limit (open pit) ~400m vertical ü Higher grade core ü Water in Cerro-Ferro drilling 40-60m ü 40 litr
Slide 14: Cerro-Ferro Deposits
For personal use only Cerro-Ferro Deposits Successful results 2024 and open at depth for diamond drilling extensions Southern Hemisphere Mining Limited I ASX: SUH 14
Slide 15: Cerro-Ferro Deposits
Cerro-Ferro Deposits Successful results 2024 and open at depth for diamond drilling For personal use only extension Good copper/gold mineralisation over large intervals, open at depth for deeper diamond drilling Southern Hemisphere Mining Limited I ASX: SUH 15
Slide 16: Successful 2023 drill Results Cerro-Ferro deposits
Successful 2023 drill Results Cerro-Ferro deposits For personal use only • 23LHRD0027: 156m @ 0.51% CuEq from surface, • incl 82m @ 0.67%CuEq from 46m • 23LHRD0028: 136m @ 0.47%CuEq from 32m Note that historical holes are omitted from the cross section for the purpose of clarity, as they are oblique
Slide 17: Successful discovery of southern extension at Ferro Deposit
For personal use only Successful discovery of southern extension at Ferro Deposit open at depth for diamond drilling Southern Hemisphere Mining Limited I ASX: SUH 17
Slide 18: Geophysics: Two Large Systems Driving Mineralisation
Geophysics: Two Large Systems Driving Mineralisation For personal use only • The 100mRL (1200m deep) 3D Magnetic Inversion Model slice shows the three deposits are from the same porphyry rootstock at depth shown in magenta • The Curiosity Target -Southern Porphyry is associated with a different porp
Slide 19: Curiosity Large Copper-Gold Target
Curiosity Large Copper-Gold Target Subvertical Santa Maria epithermal vein system with no drilling (Looking ESE) Outcrops for 500m - 35 to 50m wide with several historical workings which sit directly above the Curiosity Target 3D footprint model – shown on next slide For personal use only Llahuin Ma
Slide 20: Curiosity Large Copper/Gold Target
For personal use only Curiosity Large Copper/Gold Target . Planned drillhole in yellow generally intersecting the MT (green- brown-red) and Fathom (blue) targets, and near to the MVI (grey) Llahuin Curiosity Copper Target Magneto-Telluric 3D Inversion Resistivity plan view MT Resistivity shells with
Slide 21: Chile – Deepest Drilling – 2208m – Case Study
Chile – Deepest Drilling – 2208m – Case Study Atex Resources - TSX:ATX.V For personal use only Record hole depth 2208m DDH ATXD25 2024 - Valeriano deposit Agnico Eagle invested $40m for 13% of Atex - 25 Oct 2024 CONTEXT “Llahuin is only just starting to be drilled deeper - what is the prize at depth
Slide 22: Cerro-Ferro Large Litho-Geochem Target
Cerro-Ferro Large Litho-Geochem Target 2km length below ore blocks For personal use only Cerro-Ferro modelling is working as it is identifying targets where we have JORC ore blocks Studies in progress to improve the deeper copper targets for drilling. MT also showing targets in the general area-WIP
Slide 23: Clear Direction Forward
Clear Direction Forward Drilling in progress for a major expansion of the Llahuin For personal use only resource: A. ~20+ year open pit style mine B. Large Curiosity copper target C. Ferro West copper target MT, Mag, IP, Terraspec core logging, Fathom litho-geochem modelling and other modern techniq
Slide 24: Coquimbo Region Emerging New El Espino Copper Mine in construction
For personal use only Coquimbo Region Emerging New El Espino Copper Mine in construction 8km West of Llahuin Southern Hemisphere Mining Limited I ASX: SUH 24
Slide 25: Los Pumas Manganese Project – Chile
Los Pumas Manganese Project – Chile • 100% owned- located in Northern Chile • Marketing this project for development/offtake partners for project equity funding For personal use only • Indicated and inferred resource 30.3Mt @ 6.24% Mn (2.5% Mn COG) • Large low grade inferred 264mt @ 2.4% Mn • Opport
Slide 26: Investment Proposition – A Rare Large Copper-Gold Opportunity
Investment Proposition – A Rare Large Copper-Gold Opportunity • “A” rated jurisdiction and do-able • Latest science-based exploration • Substantial copper-gold resource to build For personal use only on (65km drilling to date) • Large Curiosity copper target defined by Central deposit MT, IP, Fathom
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