Southern Hemisphere Mining Limited · ASX:SUH
Southern Hemisphere Mining — Investor Presentation (February 2014)
31 slides from Southern Hemisphere Mining's investor presentation, Feb 3, 2014
Slide 1: A Growing Force in South American Copper
For personal use only NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES A Growing Force in South American Copper Global Partnerships, Outstanding Potential February 2014
Slide 2: Disclaimer
Disclaimer Disclaimer Notice This Company Profile has been prepared by Southern Hemisphere Mining Limited (ABN 17 140 494 784) (“SUH”, “Southern Hemisphere” or the “Company”). This Company Profile contains certain forward – looking information and forecasts. Such forecasts, projections and informati
Slide 3: Equity Raising Overview
Equity Raising Overview – Total gross proceeds of up to approximately A$3.4 million For personal use only – placement to raise gross proceeds of approximately A$1.2m under the Company’s 15% placement capacity (Placement); OFFER SIZE – 1 for 4 non renounceable entitlement offer to raise approximately
Slide 4: Equity Raising – Indicative Timetable
Equity Raising – Indicative Timetable Trading Halt Wednesday, 29 January 2014 For personal use only ASX Announcement and return to trade Monday, 3 February 2014 Settlement of Placement Shares Thursday, 6 February 2014 Allotment of Placement Shares Friday, 7 February 2014 Record Date to determine Ent
Slide 5: Corporate Snapshot
Corporate Snapshot Capitalisation Summary (pre-capital raising) Board of Directors Ordinary Shares1 172,892,487 John Tarrant Non-Executive Chairman For personal use only Market Capitalisation @ $0.0562 Au $9.7M Trevor Tennant Managing Director Cash3 Au $0.5M James Pearson Executive Director Debt3 Ni
Slide 6: Three Joint Ventures with Quality Partners
For personal use only Three Joint Ventures with Quality Partners Page 6
Slide 7: Los Rulos Joint Venture
Los Rulos Joint Venture Los Rulos 50/50 Joint Venture - Second Chilean copper-gold joint venture with Lundin Mining (TSX: LUN) For personal use only Builds on existing Strategic Alliance and JV with Lundin Mining at the Llahuin Project SUH is the project operator Under the new arrangement, Minera Lo
Slide 8: Los Rulos Joint Venture
For personal use only Los Rulos Joint Venture Los Rulos Project has 8km of strike potential from the Armandiño Prospect to the Guayacán Prospect Channel sampling has indicated high grade areas along the western boundary of the main intrusive SUH has covered in the area between the optioned Prospects
Slide 9: Armandiño Prospect
Armandiño Prospect Armandiño Prospect is located 21km NNW of Llahuin Project and 26 km south of the established regional mining town of Combarbala at 700m elevation For personal use only Terms of the Armandiño Prospect option agreement total US$300,000* payable over 24 months: US$ 40,000 paid on exe
Slide 10: Armandiño Prospect
Armandiño Prospect Armandiño Prospect showing mineral occurrences and IP survey lines For personal use only Mineralisation at Armandiño is copper and gold disseminated in metamorphosed sedimentary rocks, largely comprising limestone and skarns. IP survey sections Cu oxide workings or outcrop Cu sulp
Slide 11: Armandiño Prospect
Armandiño Prospect Attractions of Armandiño Prospect For personal use only Large alteration systems and high grade copper-gold skarns identified Favourable geology and mineralised structures Initial SUH channel sampling returned encouraging results indicating a mineralised zone of approximatel
Slide 12: Polvareda Prospect
Polvareda 2 Prospect Polvareda 2 Prospect is located 25 km NW of Llahuin Project and 26 km south of the established For personal use only regional mining town of Combarbala at 1,000m elevation Terms of the acquisition of 62.5% equity interest in Polvareda 2 prospect comprise US$30,000* paid upon exe
Slide 13: Polvareda Prospect
For personal use only Polvareda 2 Prospect Page 13
Slide 14: Polvareda Prospect
Polvareda 2 Prospect Attractions of Polvareda 2 Prospect For personal use only Adjacent and along structure of high grade operating skarn mine (300-400 tpd production) Large alteration systems and high grade copper-gold skarns identified Favourable geology and mineralised structures Minerali
Slide 15: Guayacán Prospect
Guayacán Prospect Guayacán Prospect is located approximately 5km west of Polvareda 2 Prospect at an elevation of 1,000m For personal use only Terms of Guayacán Prospect option agreement total US$360,000* payable over 30 months US$20,000 paid on execution of agreement US$340,000 payable in half yearl
Slide 16: Guayacán Prospect
Guayacán Prospect Preliminary works completed at Guayacán Prospect include field mapping and 4 east west IP (Induced Polarisation) lines across southern section For personal use only 2m channel samples showed strong indication of high-grade copper mineralisation including 4.13% Cu from surface and 1
Slide 17: Llahuin Joint Venture
Llahuin Joint Venture Lundin Mining - Llahuin Option Farm-in Agreement For personal use only Llahuin Copper/Gold project is at 1,300m elevation and located 250 km north of Santiago with good infrastructure. It is 56 km from the coast and Pan American Highway Lundin Mining Joint Venture Terms Initial
Slide 18: Llahuin Copper-Gold Project
Llahuin Copper-Gold Project Llahuin project has potential for similar mineralization and tonnage as Teck Cominco’s For personal use only Carmen de Andacollo Copper Mine, 120km to the north: • 476Mt grading 0.35% Cu and 0.12g/t Au ; Current production:66,000tpa Cu, 55,000oz pa Au Llahuin Mineral Reso
Slide 19: Llahuin Project – Central Porphyry Zone
Llahuin Project – Central Porphyry Zone Central Core – Composite Long Section For personal use only High grade mineralisation at surface High grade Central Core DDH-LLA-021: 440m @ 0.75% Cu Equiv from 2m, including: 208m @ 1.20% Cu Equiv from 108m DDH-LLA-025: 366m @ 0.63% Cu Equiv from 102m DDH-LLA
Slide 20: Llahuin Copper-Gold Project
Llahuin Copper-Gold Project Concessions Six granted Concession Areas covering 13.7 sq km: For personal use only • Plus applications over adjoining 37 sq km 30-year Easement Agreement signed with El Espino Community covering 25 sq km includes the three porphyry zones: Central Porphyry, Cerro de Oro a
Slide 21: Llahuin Project – Central Porphyry Zone
Llahuin Project – Central Porphyry Zone Llahuin Central Porphyry showing old workings and Higher Grade Core Area For personal use only Page 21
Slide 22: Chitigua Copper Project
Chitigua Copper Project Chitigua Project covers 172km², 90 km north of the mining town of Calama For personal use only Chitigua contains 55 km strike length of the famous Western Fault regional structure and comprises a large porphyry target Porphyry discoveries on the Western Fault include large sc
Slide 23: Mantos Grandes Joint Venture
Mantos Grandes Joint Venture Cobre Montana Farm-in Option Agreement For personal use only Farm-in option arrangement with Cobre Montana NL (ASX:CXB) for Mantos Grandes Copper/Gold Project Cobre Montana may earn 65% of the Mantos Grandes Project for a total expenditure of AU$2.85 million over an 18 m
Slide 24: Mantos Grandes Copper / Gold Project
Mantos Grandes Copper / Gold Project Mantos Grandes Project covers 52 km² situated in the For personal use only Central Andes, 80 km from the town of Ovalle, the capital of Limari Provence Production in the late 1900’s from Mantos Grandes utilised a 200t per day milling and flotation circuit Project
Slide 25: Additional Project Pipeline – SUH 100%
Additional Project Pipeline – SUH 100% SUH has 6 additional 100% owned projects in Chile, For personal use only prospective for copper and gold mineralization, including: Las Santas Large concession with similar geology and 20km along structure SE of Los Pelambres (Reserves 1.4 Bn tonnes) El Arrayan
Slide 26: 2013 Highlights
2013 Highlights Month Project Achievement For personal use only JV Company with Lundin Mining incorporated; Technical Committee formed; January Llahuin Amapola concession purchase completed; Positive preliminary metallurgical study results 30 year easement agreement signed with local community; La C
Slide 27: Use of Funds
14 Month’ Use of Funds Since signing the Lundin Llahuin JV Agreement in November 2012, the Company has expended For personal use only its funds as follows: Use of funds (assuming AUD:USD 1:1) This does not include amounts expended by partners on Joint Ventured Projects. SUH is the operator of the Ll
Slide 28: Use of Funds
14 Month’ Use of Funds On a 100% basis, the following works have been completed at the Llahuin Project since For personal use only November 2012 Breakdown of exploration works at the Llahuin Project since signing of Lundin JV Page 28
Slide 29: Summary – Reasons to Invest in SUH
For personal use only Summary – Reasons to Invest in SUH The Los Rulos JV is 25km north west of Llahuin with multiple exploration skarn / IOCG targets that hold promise of higher grade resources evidenced by geophysics, detailed mapping and extensive artisanal mining. Llahuin Project emerging as a l
Slide 30: Risk Factors
Risk Factors There are a number of factors that may have a material impact on the Company’s future operating and financial performance. The key material risks are: For personal use only Exploration and Development Risk Resource exploration and development is by its nature a high risk undertaking Joi
Slide 31: Contact Details
For personal use only Contact Details: Australian Office: Suite 7, 1200 Hay Street West Perth Western Australia T: +61 8 9481 2122 Chilean Office: Minera Hemisferio Sur SCM Office 41, Zúrich 255 Las Condes, Santiago T: +56 2 474 5071 w w w . s h m i n i n g . c o m . a u Page 31
Southern Hemisphere Mining — Investor Presentation (February 2014) on 6ix