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Southern Hemisphere Mining Limited ( (AU:SUH) ) has provided an announcement.
Southern Hemisphere Mining Limited has entered into a joint venture with FMR Resources for the exploration of the Curiosity-Southern Porphyry Copper-Gold Target in Chile. FMR Resources will fund up to $13 million in exploration expenditure to earn a 60% interest in the project. This partnership aims to advance the mineral endowment at Llahuin, potentially leading to a significant copper-gold discovery, thereby unlocking shareholder value and enhancing the company’s industry positioning.
More about Southern Hemisphere Mining Limited
Southern Hemisphere Mining Limited is a company engaged in the mining industry, primarily focusing on copper and gold exploration. The company is involved in projects in Chile and Australia, with a market focus on expanding its mineral resources and exploration activities.
Average Trading Volume: 993,151
Technical Sentiment Signal: Hold
Current Market Cap: A$19.88M
Find detailed analytics on SUH stock on TipRanks’ Stock Analysis page.