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Southern Hemisphere Mining Limited ( (AU:SUH) ) just unveiled an update.
Southern Hemisphere Mining Limited has highlighted broad intersections of mineralised porphyry at its Target K prospect via an update from joint venture partner FMR Resources, underscoring ongoing exploration momentum in Chile. While specific drilling details are contained in the partner’s update, the release signals continued advancement of the company’s copper-focused portfolio.
The announcement also reiterates the scale and JORC-compliant status of the company’s Llahuin copper-gold-molybdenum and Los Pumas manganese resources, along with confirmation that prior technical assumptions remain valid. This combination of fresh exploration results and stable resource foundations supports Southern Hemisphere’s positioning in copper and battery metals, offering stakeholders a degree of continuity and potential growth leverage in a key mining jurisdiction.
The most recent analyst rating on (AU:SUH) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Southern Hemisphere Mining Limited stock, see the AU:SUH Stock Forecast page.
More about Southern Hemisphere Mining Limited
Southern Hemisphere Mining Limited is a Chile-focused minerals explorer specialising in copper, gold, molybdenum and manganese projects. Its key assets are the Llahuin Porphyry Copper-Gold-Moly Project and the Los Pumas Battery Metals Manganese Project, both JORC-compliant discoveries in one of the world’s premier copper and battery metals regions.
At Llahuin, the company reports substantial measured, indicated and inferred copper-equivalent resources across multiple porphyry zones, supported by recent metallurgical testwork indicating favourable recoveries and no deleterious elements. At Los Pumas, it holds a sizeable manganese resource at a defined cut-off grade, and confirms that underlying assumptions and technical parameters for both projects remain current and unchanged.
Average Trading Volume: 391,874
Technical Sentiment Signal: Sell
Current Market Cap: A$22.09M
For a thorough assessment of SUH stock, go to TipRanks’ Stock Analysis page.