Southern Hemisphere Mining Limited · ASX:SUH
Southern Hemisphere Mining — Investor Presentation (January 2025)
27 slides from Southern Hemisphere Mining's investor presentation, Jan 28, 2025
Slide 1: Drilling the large Llahuin Copper-Gold Porphyry System in Chile to mine scale
For personal use only Drilling the large Llahuin Copper-Gold Porphyry System in Chile to mine scale January 2025 ASX: SUH FWB: NK4 www.shmining.com.au Southern Hemisphere Mining Limited I ASX: SUH 1
Slide 2: Disclaimer
Disclaimer This presentation includes certain forward-looking statements about future events and/or financial results which are forward- looking in nature and subject to risk and uncertainties. Such forward-looking statements or information, including but not limited to those respect to the developm
Slide 3: Llahuin has tremendous scale potential
LLAHUIN HAS TREMENDOUS SCALE POTENTIAL • Llahuin Copper-gold • Lightly explored For personal use only • Over 4km x 1.5km sulphide zone -open • Delivering results incl 105m@ 0.64%CuEq from 0m to EOH incl 26m@ 0.91% from 78m • Diamond tails to extend • JORC Resource upgrade on target for Q2 • 67km NW
Slide 4: Capital Structure
Capital Structure For personal use only Fully paid ordinary shares 736,240,044 Float Richard Warke 36% Unlisted options (mgt) 13,750,000 39% Unlisted Opts (broker) (10c, 17/06/27) 1,000,000 Cash (31 Dec 24) $2.9m Lowell Blackrock $ 2% Beaty Lundin Mgmt 10% Est Receivables* $3,000,000 4% 5% Market ca
Slide 5: Board and Management: Our Team Knows Copper Mining
Board and Management: Our Team Knows Copper Mining Over 40 years combined mine discovery, development and / or operating experience internationally; including two of the world’s more significant copper mines; Dikulushi - located in DRC Africa & Grasberg Mine - located in West Papua For personal use
Slide 6: Llahuin Copper-Gold: Land of the Giants
Llahuin Copper-Gold: Land of the Giants Llahuin within 100km of giants • Los Pelambres- Antofagasta-Chile For personal use only • Los Azules- McEwen Copper-Argentina • El Pachon- Glencore-Argentina Richard Warke Float • Altar- Aldebaran-Argentina 39% 36% Chile has anLowell International Credit Rat
Slide 7: Llahuin Copper-Gold: Footprint Size Comparison
Llahuin Copper-Gold: Footprint Size Comparison • Long section through For personal use only Central Porphyry to Ferro, showing the conceptual fathom geochemical models, and implicit geochemical models based on existing drilling. • Note the similar geometries/footprint to Filo Del Sol deposit.(Filo M
Slide 8: Llahuin Copper-Gold is delivering on drilling
For personal use only Llahuin Copper-Gold is delivering on drilling Southern Hemisphere Mining Limited I ASX: SUH 8
Slide 9: Selection of Top Drill Results (2024 drilling highlighted)
Selection of Top Drill Results (2024 drilling highlighted) HOLE ID From To Width m CuEq % LOC From To Interval Grade CuEq% DDHLLA043 416 450 34 1.49% CENTRAL Higher grade at depth DDHLLA021 2 440 438 0.75% CENTRAL Incl 182 288 106 1.69% For personal use only 24LHRC065 0 105 105 0.64% CERRO Incl 78 1
Slide 10: Llahuin Recent Drilling-Plan View Drill Collar Locations
Llahuin Recent Drilling-Plan View Drill Collar Locations (excludes Holes 24LHRC066-69 in progress) For personal use only Southern Hemisphere Mining Limited I ASX: SUH 10
Slide 11: 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, continuing
Slide 12: Mineral Resource Estimate Independently Certified 2013, Upgrade on track for Q2 2025
Mineral Resource Estimate Independently Certified 2013, Upgrade on track for Q2 2025 • Total Copper tonnes: For personal use only 686,000t CuEq • Measured Indicated and Inferred at 0.28% cut-off* • From surface, open pit style mining and growing • Resource upgrade in progress, Q2 2025 to include all
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 ~1:1 Strip ratio, ore from surface Defined depth of drilling limit (open pit) ~400m vertical Higher grade core Southern Hemisphere Mining Limited I ASX: SUH 13
Slide 14: Cerro-Ferro Deposits
Cerro-Ferro Deposits Large intersections at good grades-open at depth for DDH For personal use only Southern Hemisphere Mining Limited I ASX: SUH 14
Slide 15: Cerro-Ferro Deposits
Cerro-Ferro Deposits Large Intersections at Good Grades-open at depth for DDH For personal use only Good copper/gold mineralisation over large intervals, open at depth for deeper diamond drilling Southern Hemisphere Mining Limited I ASX: SUH 15
Slide 16: Drill Results from Cerro Deposit 2023
Drill Results from Cerro Deposit 2023 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 to the secti
Slide 17: Recent Drill Results from Ferro
Recent Drill Results from Ferro For personal use only Ferro extending South into new unexplored areas with good copper mineralisation over large intervals, open at depth for ddh deeper drilling Southern Hemisphere Mining Limited I ASX: SUH 17
Slide 18: Two Large Systems Driving Mineralisation
For personal use only Two Large Systems Driving Mineralisation • 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 porphyry stock S
Slide 19: Curiosity (Southern Porphyry) Large Copper/Gold Target
Curiosity (Southern Porphyry) 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 For personal use only Curiosity Target 3D footprint model –shown on ne
Slide 20: Fathom 3D Litho-Geochem Modelling - Two Large Targets
For personal use only Fathom 3D Litho-Geochem Modelling –Two Large Targets • 3D soil geochemical footprint modelling identified two large targets • Cerro-Ferro in and below resources • The Curiosity target at Southern Porphyry is located 550m below the Santa Maria epithermal vein system • Diameter o
Slide 21: Cerro-Ferro large target- 2km length below ore blocks
Cerro-Ferro large target- 2km length below ore blocks Cerro-Ferro modelling is For personal use only working as it is identifying targets where we have JORC resources Studies in progress to improve the deeper copper core targets for drilling Southern Hemisphere Mining Limited I ASX: SUH 21
Slide 22: Chile- Deepest Drilling-2208m - Case Study
Chile- Deepest Drilling-2208m –Case Study Atex Resources- TSX:ATX.V Record hole depth 2208m DDH ATXD25 2024- Valeriano deposit For personal use only Agnico Eagle invested $40m for 13% of Atex- 25 Oct 2024 “Llahuin is only just starting to be drilled deeper- what is the prize at depth?” Southern Hemi
Slide 23: Clear Direction Forward
Clear Direction Forward Open Pit Resources Expansion Drilling in progress for a major expansion of the Llahuin resource towards a For personal use only ~20+ year open pit style mine. +12 years already in M+I+I resources MT geophysics being extended over Cerro and Central, and more detail over Curios
Slide 24: Coquimbo Region Emerging
Coquimbo Region Emerging New El Espino Copper Mine in construction 8km West of Llahuin For personal use only Southern Hemisphere Mining Limited I ASX: SUH 24
Slide 25: Lago Lithium Brine Project - Lithium Triangle - Atacama Region Chile
Lago Lithium Brine Project -Lithium Triangle -Atacama Region Chile For personal use only • Acquired 2023 -100% • Salar feeding into the World Class Atacama lithium Brines operations • Unexplored • Excellent access • Large land position (all surrounding tenure now held by Li operators) • Marketing th
Slide 26: Los Pumas Manganese Project- Chile
Los Pumas Manganese Project- Chile • 100% owned- located 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 • Opportunit
Slide 27: Investment Proposition
Investment Proposition • Dominant land position For personal use only • “A” rating jurisdiction • Substantial copper-gold resource to build on • Extensive targets Central deposit • High impact drilling delivering excellent grades from surface • Management expertise • Low overheads • Well funded • Mu
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