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Southern Hemisphere Mining Limited ( (AU:SUH) ) has provided an update.
Southern Hemisphere Mining Limited, in collaboration with FMR Resources Limited, has announced the identification of promising drill targets at the Southern Porphyry prospect within the Llahuin Project in Chile. The reprocessed geophysical data, including aeromagnetic, magnetotelluric, and induced polarisation surveys, have revealed a coherent pattern of anomalies typical of a copper porphyry system. This development aligns with surface mapping and historical drillhole data, indicating a large, strong, conductive source at depth. The company plans to commence Phase I drilling in early Q4 2025, marking a significant step in advancing their exploration efforts.
More about Southern Hemisphere Mining Limited
Southern Hemisphere Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in joint ventures, such as the Llahuin Project in Chile, to explore copper porphyry systems.
Average Trading Volume: 233,426
Technical Sentiment Signal: Hold
Current Market Cap: A$21.35M
See more insights into SUH stock on TipRanks’ Stock Analysis page.