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Southern Hemisphere Mining (ASX:SUH) begins RC drilling at Llahuin

ASX News, Mining
ASX:SUH      MCAP $21.25M
01 December 2021 15:09 (AEST)

Drill rig at the Llahuin copper project. Source: Southern Hemisphere Mining

Southern Hemisphere Mining (SUH) has begun reverse circulation (RC) drilling at its Llahuin Copper-Gold-Molybdenum Project.

The 14-square-kilometre project lies 250 kilometres north of Santiago in Chile’s Coquimbo region.

Drilling has been designed to bolster the current resource of 149 million tonnes at 0.41 per cent copper equivalent and target new porphyry deposits.

The drilling is being managed by SUH’s Exploration Manager, Adam Anderson, who has extensive experience in copper and gold discoveries.

Historical drilling results from Llahuin, which include 440 metres at 0.75 per cent copper equivalent from two metres, including 208 metres at 1.2 per cent copper equivalent, demonstrate the potential of the project area.

Six exploration targets have so far been identified via a review of historical results combined with new drone magnetic data.

A priority area is the Southern Porphyry, which spans an area of 2.5 square kilometres.

This program follows the completion of drilling at SUH’s Colina2 Gold Project, which lies eight kilometres northwest from Llahuin.

While all results are yet to be received from this program, grades have so far peaked at 34 metres at 1.39 grams per tonne (g/t) gold from 24 metres.

Results from the Llahuin Project will be made available to the public as they become available.

Shares in SUH were up 2.56 per cent on the market and were trading at 4 cents at 3:10 pm AEDT.

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