Southern Hemisphere Mining Limited · ASX:SUH
Southern Hemisphere Mining — Latin Rocks Conference, Santiago, Chile (October 2023)
20 slides from Southern Hemisphere Mining's conference presentation, Oct 12, 2023
Slide 1: Llahuin - A Fresh Look at One of the World's Next Long-Life Copper Mines
For personal use only LLAHUIN-A FRESH LOOK AT ONE OF THE WORLD’S NEXT LONG-LIFE COPPER MINES Latin Rocks Conference, Santiago, Chile Presenter: Mr Mark Stowell, Chairman Southern Hemisphere Mining Limited I ASX: SUH
Slide 2: Our Vision and Three Pillared Strategy
Our Vision: To establish the next major critical metals infrastructure asset in a top global jurisdiction maximizing risk-adjusted shareholder returns For personal use only Llahuin is Southern Our Three Pillared Strategy: Hemisphere Mining’s flagship STAGE 1: DELIVER MAJOR RESOURCE INCREASE copper p
Slide 3: Board & Management: Our Team Knows Copper & Mining
Board & Management: Our Teams 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 4: Capital Structure
Capital Structure Summary ASX SUH For personal use only Fully Paid Ordinary Shares 590,506,300 Float Richard Warke Listed Options1 (ASX: SUHO) 142,545,263 36% 39% Unlisted Options2 13,750,000 Share Distribution Cash ~$2m Lowell Market Capitalisation @ $0.026 $15m Blackrock $ 2% Beaty Lundin Retail 4
Slide 5: Llahuin Investment Summary
Llahuin Investment Summary Working towards Llahuin being one of the world’s next long life copper mines For personal use only Regulatory & Fiscal Stability Chile credit rating A2 Excellent Location for Infrastructure Low altitude at 1,300m ~5km to grid power, 200km to Coquimbo Port Com
Slide 6: Llahuin Copper/Gold/Moly: One of the World's Next Long Life Copper Mines
Llahuin Copper/Gold/Moly: “One of the World’s Next Long Life Copper Mines” Copper Resource - 169Mt @ 0.4% CuEq - 1.5B lb CuEq and Growing For personal use only Targeting resource increase for a 20+ year open pit mine life Whats New? 1. Geochemistry works-+2000 samples completed to date 2. Full surfa
Slide 7: Mineral Resource Estimate Independently Certified
Mineral Resource Estimate Independently Certified Metal Totals:: 762,000t CuEq at 0.26% cut-off 686,000t CuEq at 0.28% cut-off- For personal use only Comprising: 470,000t Cu, and 717,000oz Gold Note: *Copper Equivalent (“Cu Equiv”): The copper equivalent calculations represent the total metal value
Slide 8: Central Deposit: Includes Higher Grade Core
Central Deposit: Includes higher grade core 0.5% CuEq ~starter pit Central Deposit Resource drilling complete for open pit For personal use only mining 108mt @ 0.42% CuEq Measured and Indicated ~1:1 Strip ratio, ore from surface Defined depth of drilling limit (open pit) ~400m vertical Hig
Slide 9: Whats New? Cerro-Ferro: Major Resource Growth Corridor
For personal use only Whats New? Cerro-Ferro: Major Resource Growth Corridor Southern Hemisphere Mining Limited I ASX: SUH 9
Slide 10: Southern Porphyry: Large Copper/Gold/Moly Target
Southern Porphyry: Large Copper/Gold/Moly Target For personal use only Southern Hemisphere Mining Limited I ASX: SUH 10
Slide 11: Stage 2: Massive Underground Cu/Au Targets 3D Magnetic Inversion
Stage 2: Massive Underground Cu/Au Targets 3D Magnetic Inversion Model Slice at 100mRL (1200m depth) • The 3D magnetic susceptibility inversion model For personal use only suggests the three deposits (Central Porphyry, Cerro de Central Porphyry Oro and Ferrocarril – black circles) are all derived fr
Slide 12: 3D PD IP Chargeability 300m Depth
3D PD IP Chargeability 300m Depth For personal use only • The high chargeability values (>40 mV/V & which should be related to pyrite distribution) tend to be elongated along and associated with the main NNW fault system. • The Central Porphyry and Cerro-Ferro deposits sit in the dextral dilation zo
Slide 13: Clear Direction Forward
Clear Direction Forward STAGE 1: Open Pit Exploitable Resources: Drilling Now- RC and diamond. Commencing a major expansion of the Llahuin resource – For personal use only towards a ~20+ year mine life open pit style mine ~149-173mt is already independently certified to Measured and Indicated Resour
Slide 14: District Consolidation Opportunity
For personal use only District Consolidation Opportunity LLAHUIN 169mt @ 0.4% CuEq Open Pit and Growing EL ESPINO IOCG PROJECT (Pucobre) 145mt @ 0.7% Cu Eq Open Pit Private operators -Llanos de Llahuin area-- hydrothermal breccias and porphyry copper/gold Southern Hemisphere Mining Limited I ASX: SU
Slide 15: Chile and Comparative Country Credit Ratings
Chile and Comparative Country Credit Ratings For personal use only Moody’s Country Credit Rating Chile A2 (Sept 22) • Australia Aaa (June 2022) • Argentina Ca (Sept 22) • Columbia Baa2 (2021) • Brazil Ba2 (2021) • Ecuador Caa3 (Feb 23) • Mexico Baa2 (May 22) • Peru Baa1 negative (Feb 23) Southern He
Slide 16: Copper Market Moving to Deficit
Copper Market Moving to Deficit Source: Stockhead 3/10/23 For personal use only Southern Hemisphere Mining Limited I ASX: SUH 16
Slide 17: Lago Lithium Brine Project - Lithium Triangle - Atacama Region Chile
Lago Lithium Brine Project -Lithium Triangle -Atacama Region Chile For personal use only Southern Hemisphere Mining Limited I ASX: SUH 17
Slide 18: Los Pumas HPMSM Battery Manganese Project - Chile
Los Pumas HPMSM Battery Manganese Project- Chile -Spinout to Titan Battery Minerals and Technology Co • Project 100% owned- located Northern Chile For personal use only • Mineral Resource Estimate -30.3Mt @ 6.24% Mn (2.5% Mn COG) 38% Mn concentrate from initial metallurgical Test work • Large low gr
Slide 19: Compelling Investment Proposition
Compelling Investment Proposition Llahuin Copper working towards being one of world’s next long-life copper mines For personal use only Major markets forecast copper supply shortages 2025- 26 There are very few companies in this class with potential for an early pathway to a long mine life in
Slide 20: 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
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