Southern Hemisphere Mining Limited · ASX:SUH
Southern Hemisphere Mining — Investor Presentation (July 2024)
27 slides from Southern Hemisphere Mining's investor presentation, Jul 23, 2024
Slide 1: Llahuin – One of the World's Next Long-Life Copper Mines
For personal use only LLAHUIN – “ONE OF THE WORLD’S NEXT LONG-LIFE COPPER MINES” July 2024 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: Large Copper/Gold Mine Emerging in Chile
LARGE COPPER/GOLD MINE EMERGING IN CHILE For personal use only LLAHUIN COPPER/GOLD PROJECT(100%) Llahuin is Southern Flagship project: Increasing open pit Hemisphere Mining’s flagship copper/gold project, located resources to 20+ year mine life 350km North of Santiago, Chile Large ~7km porphyr
Slide 4: 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 5: Capital Structure
Capital Structure Summary Fully paid ordinary shares 736,240,044 For personal use only Float Richard Warke Unlisted options (mgt) 13,750,000 39% 36% Unlisted Opts (broker) (10c, 17/06/27) 1,000,000 Cash and receivables* ~$7.7m Lowell Blackrock Market cap at $0.03 $ $22m 2% Beaty Lundin Mgmt 4% 10% 5
Slide 6: Llahuin Copper-Gold: Straight Forward Investment Metrics
Llahuin Copper-Gold: Straight Forward Investment Metrics Chile has an International Credit Rating of A Geopolitical trends favouring resource investment in Australia and South For personal use only America Richard Warke Float 39% 36% Excellent Location Low altitude at 1,300m Lowell Blackrock
Slide 7: Llahuin Copper/Gold Project 169Mt @ 0.4% CuEq M+I+I and Growing
Llahuin Copper/Gold Project 169Mt @ 0.4% CuEq M+I+I and Growing What’s New? 1. Geochemistry works-+2000 samples For personal use only 2. Full surface mapping and sampling program instigated identifying the vein structures and orientations 3. Relogged +20km of core, vein density, multi- element assay
Slide 8: The Llahuin Valley Hosting a Cluster of Copper/Gold Deposits
The Llahuin Valley Hosting a Cluster of Copper/Gold Deposits With More to Discover For personal use only Southern Hemisphere Mining Limited I ASX: SUH 8
Slide 9: Top Drill Results and Rock Chip Samples
Top Drill Results and Rock Chip Samples HOLE ID From To Width m CuEq % LOC 21LHRC003 0 90 90 0.62% CENTRAL 21LHRC009 0 69 69 0.47% CERRO For personal use only DDHLLA021 2 440 438 0.75% CENTRAL Incl 182 288 106 1.69% CENTRAL Higher grade at depth DDHLLA025 102 468 366 0.63% CENTRAL DDHLLA026 168 422
Slide 10: Mineral Resource Estimate Independently Certified 2013, Upgrade in Progress
Mineral Resource Estimate Independently Certified 2013, Upgrade in Progress for H1 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, due H1 2025 to incl
Slide 11: Llahuin Central Deposit 108mt @ 0.42% CuEq Measured and Indicated
Llahuin Central Deposit 108mt @ 0.42% CuEq Measured and Indicated Resource drilling complete for open pit mining For personal use only ~1:1 Strip ratio, ore from surface Defined depth of drilling limit (open pit) ~400m vertical Highlight Drill Results *Note higher grades at depth RC-LLA-010: 496
Slide 12: Llahuin Block Model and Topography-Good Mining Configuration
For personal use only Llahuin Block Model and Topography-Good Mining Configuration Southern Hemisphere Mining Limited I ASX: SUH 12
Slide 13: Recent Drill Results from Cerro-Ferro
Recent Drill Results from Cerro-Ferro 82m@0.67%CuEq from 46m 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 a
Slide 14: Cerro-Ferro Deep Target at 1,200m
For personal use only Cerro-Ferro Deep Target at 1,200m • The 100mRL (1200m deep) 3D Magnetic Inversion Model (MIM) slice shows the three deposits are from the same porphyry rootstock at depth shown in magenta • The Southern Porphyry (SP) is associated with a different porphyry stock Southern Hemisp
Slide 15: Long Section of Cerro-Ferro to SP and 2023 Drill Traces
For personal use only Long Section of Cerro-Ferro to SP and 2023 Drill Traces Southern Hemisphere Mining Limited I ASX: SUH 15
Slide 16: Southern Porphyry – Curiosity Large Copper/Gold Target
Southern Porphyry –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 For personal use only Curiosity Target 3D footprint model –shown on nex
Slide 17: Southern Porphyry Curiosity Target - Large 1-2km Wide
Southern Porphyry Curiosity Target- Large 1-2km Wide • 3D soil geochemical footprint modelling has identified two large drill targets at the Llahuin For personal use only Copper-Gold porphyry system • The Curiosity target at Southern Porphyry is located 550m below the Santa Maria epithermal vein sys
Slide 18: 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 resources where we have JORC resources. Significant further sampling is in progress to improve the drill targets for open pit and depth Southern Hemisphere Mining Limited
Slide 19: Upcoming Newsflow
Upcoming Newsflow 1. Assays of more detailed litho-Geochem 3D modelling for drill targets for upcoming drill program and large deep upside targets at Curiosity and For personal use only Cerro-Ferro 2. Assays of new zones of elevated Molybdenum not assayed in prior historical resource calculation 3.
Slide 20: Clear Direction Forward
Clear Direction Forward Open Pit Resources Expansion • Drilling a major expansion of the Llahuin resource towards a ~20+ year For personal use only open pit style mine. +12 years already in M+I+I resources • Studies in progress to refine modelling of current mineralised zones for potential increase
Slide 21: Coquimbo Region Emerging
Coquimbo Region Emerging New El Espino Copper Mine in Construction 8km West of Llahuin For personal use only LLAHUIN 169mt @ 0.4% CuEq Open Pit and Growing EL ESPINO COPPER MINE (Pucobre/RCF) • Under Construction~$490m capex • 26ktpa Cu, 13k oz pa Gold • RCF investment US$90m for 23.6% -2023 • EV$38
Slide 22: Copper Market Showing a Major Deficit Ahead
Copper Market Showing a Major Deficit Ahead For personal use only Southern Hemisphere Mining Limited I ASX: SUH 22
Slide 23: ASX Copper Explorers EV/Resource Trading Multiple
ASX Copper Explorers EV/Resource Trading Multiple Source: Eurozhartleys For personal use only Southern Hemisphere Mining Limited I ASX: SUH 23
Slide 24: Lago Lithium Brine Project - Lithium Triangle - Atacama Region Chile
Lago Lithium Brine Project -Lithium Triangle -Atacama Region Chile For personal use only • Acquired 2023 • Salar feeding into the World Class Atacama lithium Brines operations • Unexplored • Excellent access • Large land position (all surrounding tenure now held by Li operators) Southern Hemisphere
Slide 25: Los Pumas HPMSM Battery Manganese Project - Chile
Los Pumas HPMSM Battery Manganese Project- Chile • 100% owned- located Northern Chile • Advancing discussions with potential For personal use only development/offtake partners for Project Equity Funding to DFS • Indicated and inferred resource 30.3Mt @ 6.24% Mn (2.5% Mn COG) • Large low grade inferr
Slide 26: Appendix 1: Chile and Comparative Country Credit Ratings
Appendix 1: Chile and Comparative Country Credit Ratings For personal use only Southern Hemisphere Mining Limited I ASX: SUH 26
Slide 27: Thankyou
Thankyou For personal use only For more News from Southern Hemisphere Mining Limited please visit our Company News Page and/or Follow us on Linkedin and Twitter @SHMining Southern Hemisphere Mining Limited I ASX: SUH 27
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