Southern Hemisphere Mining (ASX: SUH) has drilled a substantial strike extension from RC drilling south of the Ferro deposit at its Llahuin Copper-Gold-Moly project in central Chile.
“Our team continues to demonstrate the Llahuin Copper-Gold-Moly deposit’s large scale with the lates drill results extending the strike of the Cerro-Ferro deposits by 300m from 1.9km to over 2.2km,” Chairman, Mark Stowell, said.
“The system is still open along strike both north and south with the benefit of mineralisation largely from surface, optimum for open-pit mining configuration.” Importantly, recent results also confirm a significant untested expansion of the Cerro-Ferro deposits, for strike, plunge and dip extensions.
“Regionally, the work we have undertaken is also starting to demonstrate what is on offer across the broader Llahuin Copper-Gold-Moly Project.
“As previously highlighted, we are particularly interested in the new Curiosity Target at Southern Porphyry, south of Ferro, and have commissioned a more detailed Magneto-Telluric (MT) survey with tighter line spacing than originally completed, and extending this over and past the Cerro and Central deposits.
“MT is a passive geophysical method which uses natural time variations of the earth’s magnetic and electrical fields to measure the electrical resistivity of the sub-surface deep target geophysics systems.
“MT has been successful in identifying a number of world-class copper porphyry deposits, including the Chilean Valeriano deposit - Atex Resources (TSX: ATX.V).
“We are on track to advance the resource towards an updated Mineral Resource Estimate for the Llahuin Copper-Gold-Moly deposits in H1 2025.
“It is important to also note 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.
“The company remains well funded, holding $4m in cash at the end of the last quarter.”