Southern Hemisphere Mining Limited · ASX:SUH
Southern Hemisphere Mining — Bremer Bay Conference (October 2024)
25 slides from Southern Hemisphere Mining's conference presentation, Oct 29, 2024
Slide 1: Southern Hemisphere Mining - Llahuin Copper-Gold Porphyry System
For personal use only Southern Hemisphere Mining is a successful explorer focusing on drilling the largely untested Llahuin Copper-Gold Porphyry System in Chile to mine scale October 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: Llahuin has tremendous scale potential
LLAHUIN HAS TREMENDOUS SCALE POTENTIAL • FLAGSHIP PROJECT For personal use only Llahuin Copper-gold • Lightly explored • Over 4km x 1.5km sulphide zone • Resource from surface including results 106m@ 1.69%CuEq • Drilling in progress to expand • 67km NW of the giant Los Pelambres copper mine (Antofag
Slide 4: Capital Structure
Capital Structure For personal use only Fully paid ordinary shares 736,240,044 Float Richard Warke Unlisted options (mgt) 13,750,000 39% 36% Unlisted Opts (broker) (10c, 17/06/27) 1,000,000 Cash $4,039,000 Lowell $ 2% Beaty Lundin Mgmt Blackrock Est Receivables* $3,000,000 4% 5% 10% Market cap at $0
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 Internationally e
Slide 6: Investment Metrics
Investment Metrics ✓ Chile has an International Credit Rating of A (S&P) (Australia AAA, Argentina CCC) For personal use only ✓ Excellent Location Richard Warke Float 36% ❖ Low altitude at 1,300m 39% ❖ ~5km to grid power, 200km to Coquimbo Port Lowell ❖ Combarbala town 24km 2% (13,000popn), Beaty Lu
Slide 7: Llahuin Copper-Gold: Land of the Giants
Llahuin Copper-Gold: Land of the Giants For personal use only Float Richard Warke 39% 36% Llahuin within 100km Lowell of giants Blackrock 2% Beaty Lundin Mgmt 10% Los Pelambres- Antofagasta-Chile 4% 5% Los Azules- McEwen Copper-Argentina El Pachon- Glencore-Argentina Altar- Aldebaran-Argentina South
Slide 8: Llahuin Copper-Gold - Technical Summary
Llahuin Copper-Gold- Technical Summary 1. Multiple targets to add tonnes 2. Surface geochemistry works +2000 samples For personal use only 3. Full surface mapping and sampling program instigated identifying the vein structures and orientations, continuing 4. Relogged +20km of core, vein density, mul
Slide 9: The Llahuin Valley hosts a cluster of copper/gold deposits
The Llahuin Valley hosts a cluster of copper/gold deposits with multiple targets for growth For personal use only Southern Hemisphere Mining Limited I ASX: SUH 9
Slide 10: 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 DDHLLA021 2 440 438 0.75% CENTRAL For personal use only Incl 182 288 106 1.69% CENTRAL Higher grade at depth DDHLLA025 102 468 366 0.63% CENTRAL DDHLLA026 168 422
Slide 11: Mineral Resource Estimate Independently Certified 2013
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, H1 2025 to include
Slide 12: Large Scale Expansion and Good Mining Configuration
Large Scale Expansion and Good Mining Configuration For personal use only New copper-gold targets-unexplored Southern Hemisphere Mining Limited I ASX: SUH 12
Slide 13: Llahuin Central Deposit 108mt @ 0.42% CuEq
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: Recent Drill Results from Cerro-Ferro
Recent Drill Results from Cerro-Ferro 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 15: 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 16: 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 17: 3D Litho-Geochem Modelling - Two Large Targets
For personal use only 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 of over
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 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 18
Slide 19: Chile - Deepest Drilling - 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 20: 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 21: 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 21
Slide 22: Copper Market - Prices increasing, value accretive
Copper Market –Prices increasing, value accretive For personal use only Southern Hemisphere Mining Limited I ASX: SUH 22
Slide 23: Lago Lithium Brine Project
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) • Marketing this pro
Slide 24: 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 25: 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 in progress • Management expertise • Low overheads • Well funded • Multiple monetisation options/s
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