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Southern Hemisphere’s Llahuin Project Shows Significant Expansion Potential

Story Highlights
  • Southern Hemisphere Mining advances its Llahuin Project with promising drill results.
  • The project expands the Cerro-Ferro system’s strike and highlights potential for future large-scale mining.
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Southern Hemisphere’s Llahuin Project Shows Significant Expansion Potential

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Southern Hemisphere Mining Limited ( (AU:SUH) ) has provided an announcement.

Southern Hemisphere Mining Limited has announced significant progress in its Llahuin Copper-Gold-Moly Project in Chile, with a 2024 RC drilling program totaling 2,728m across 26 holes. The results show promising copper equivalent grades, leading to a 300m extension of the Cerro-Ferro system’s strike, advancing the open pit potential and highlighting the possibility of large-scale underground mining. The discovery of fresh water at drilling sites adds a potential resource for future mining operations, though further studies are needed to confirm its usability.

More about Southern Hemisphere Mining Limited

Southern Hemisphere Mining Limited is a company operating in the mining industry, focusing on copper, gold, and molybdenum exploration and development. The company is active in Chile’s Coquimbo region, which is noted for copper-gold discovery and development, positioning it strategically near other significant mining operations like the El Espino mine.

YTD Price Performance: 13.33%

Average Trading Volume: 284,803

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$25.03M

See more insights into SUH stock on TipRanks’ Stock Analysis page.

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