Southern Hemisphere Mining Limited (ASX:SUH) Announces Significant Drilling Results
RC Drilling Program 2024
Southern Hemisphere Mining Limited completed a 2024 RC drilling program, drilling 2,728 meters across 26 holes at the Llahuin Copper-Gold-Moly project in Chile. Notable results include hole 24LHRC067, which achieved 128 meters at 0.41% CuEq from 16 meters, including 32 meters at 0.57% CuEq starting at 66 meters.
System Extension and Survey Progress
The drilling program extended the strike of the Cerro-Ferro system by an additional 300 meters, reaching a total of 2.2 kilometers. This extension remains open for further exploration. Additionally, the Magneto-Telluric (MT) survey is nearing completion, enhancing the understanding of deep copper targets within the project area.
Water Results
All drilled holes intersected water between 40 and 60 meters, with tests indicating a flow rate of 40 litres per minute. The water is fresh but not potable, offering a potential resource for mine operations pending further studies.
Executive Comments
Chairman Mr Mark Stowell stated, “Southern Hemisphere’s Llahuin Copper-Gold-Moly Project continues to deliver results in the Coquimbo area in Chile, which is becoming a focus for copper-gold discovery and development. The neighbouring El Espino mine is only 8km west of Llahuin and is in construction by Pucobre and Resource Capital Funds.”
He added, “The Board is pleased with progress, noting that our longer-term exploration journey at Llahuin continues to show that the full potential of this flagship asset extends far beyond what has been published in JORC resources to date.”
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