Southern Hemisphere Mining Limited · ASX:SUH
Southern Hemisphere Mining — Investor Presentation (February 2024)
25 slides from Southern Hemisphere Mining's investor presentation, Feb 8, 2024
Slide 1: Llahuin – One of World's Next Long-Life Copper Mines
For personal use only LLAHUIN – “ONE OF WORLD’S NEXT LONG-LIFE COPPER MINES” 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: Our Vision
Our Vision To discover the next major critical mineral infrastructure asset in a top global jurisdiction, maximizing risk-adjusted shareholder returns For personal use only LLAHUIN COPPER/GOLD (100%) Llahuin is Southern Flagship project: Increasing open pit resources Hemisphere Mining’s flagship
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 590,506,300 For personal use only Listed Options 10c Exp 16 Feb 24 142,545,263 Float Richard Warke Unlisted options (mgt) 13,750,000 39% 36% Cash Q4 2023 $1m Market cap at $0.05 $30m Lowell Blackrock $ 2% Beaty Lundin Mgmt 4% 10% 5% Notes 1. Liste
Slide 6: Investment Metrics
Investment Metrics Chile has an International Credit Rating of A For personal use only Excellent Location Richard Warke Low altitude at 1,300m Float 36% 39% ~5km to grid power, 200km to Coquimbo Port Combarbala town Lowell 24km, 2% Santiago 350km Blackrock Beaty Lundin Mgmt 4% 10% Sealed
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? For personal use only 1. Geochemistry works-+2000 samples 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: Mineral Resource Estimate Independently Certified
Mineral Resource Estimate Independently Certified • Total Copper tonnes: 686,000t CuEq For personal use only • Measured Indicated and Inferred at 0.28% cut-off* • From surface, open pit style mining and growing Southern Hemisphere Mining Limited I ASX: SUH 9
Slide 10: 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 11: Central is the smaller of the cluster and Cerro-Ferro Link up over 1.9km
Central is the smaller of the cluster and Cerro-Ferro Link up over 1.9km 3D Magnetic Inversion Model Slice at 100mRL (1200m depth) For personal use only Central Porphyry Model Depth Slice The 3D magnetic susceptibility Cerro de Oro inversion model suggests the three deposits (Central Porphyry, Cerro
Slide 12: Cerro-Ferro
Cerro-Ferro Geochemistry works, confirming geophysics link-up 23LHRD027 For personal use only Recent Drill Results: 23LHRD0027: 156m @ 0.51% CuEq from surface Incl 82m @ 0.67%CuEq from 46m 23LHRD0028: 136m @ 0.47%CuEq from 32m More results in process Southern Hemisphere Mining Limited I ASX: SUH 12
Slide 13: Cerro-Ferro Link: Major Resource Expansion Corridor
For personal use only Cerro-Ferro Link: Major Resource Expansion Corridor Southern Hemisphere Mining Limited I ASX: SUH 13
Slide 14: Cerro-Ferro Block Model and Topography
For personal use only Cerro-Ferro Block Model and Topography-Good Mining Configuration Southern Hemisphere Mining Limited I ASX: SUH 14
Slide 15: 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 More results in process Southern Hemisphere Mining Limited I ASX: SUH 15
Slide 16: Large Sulphide Corridor 7km x 2km Prospective for More Copper Deposits
Large Sulphide Corridor 7km x 2km Prospective for More Copper Deposits 3D IP Model -Chargeability at ~300m Depth For personal use only • Large sulphide corridor in the Llahuin Valley 7km x 2km. • Concordia Age ~ 88Ma (Age of Mineral Deposition) • The high chargeability values (>40 mV/V & which shoul
Slide 17: Long Section of Cerro-Ferro to SP and 2023 Drill Traces
Long Section of Cerro-Ferro to SP and 2023 Drill Traces For personal use only Southern Hemisphere Mining Limited I ASX: SUH 17
Slide 18: 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 19: 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 20: 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 20
Slide 21: ASX Copper Explorers EV/Resource Trading Multiple
ASX Copper Explorers EV/Resource Trading Multiple Source: Eurozhartleys February 23 For personal use only Southern Hemisphere Mining Limited I ASX: SUH 21
Slide 22: 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) • Q1 2024 exploratio
Slide 23: 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 24: Appendix 1: Chile and Comparative Country Credit Ratings
Appendix 1: Chile and Comparative Country Credit Ratings For personal use only Fitch’s Country Credit Rating Chile A- (Dec 23) • Australia AAA (May 23) • Argentina CC (May 23) • Columbia BB+ (Dec 23) • Brazil BB (Nov 23) • Ecuador CCC+ (Dec 23) • Mexico BBB- (Dec 23) • Peru BBB- (Oct 23) Southern He
Slide 25: 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 Booth #3242 PDAC 24 Southern Hemisphere Mining Limited I ASX: SUH 25
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