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2.0¢ southern hemisphere mining limited

Ann: Drilling Results from the Llahuin RC Program-Chile, page-4

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minoil

11,028 Posts.

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16/02/22

13:00

Post #: 59608865
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Originally posted by Big Kahuna 101 ↑

Grads on the drill are good (prob a little higher then avg) overall published resource grade would be better close to 0.5% CuEq (which doesnt sound much different by is a ~20% increase).

From surface is great however the width of the intercept is prob half what you would want at a minimum.

Southern Porphyry could be better at 177m but still on the low side for a bulk tonnage porphyry.

With these as you said its all about bulk tonnage rather then grade... 0.25% CuEq can be very economically extracted if the tonnage is there (you want near 1bt @0.5% CuEq and its a game changer IMO)

At the end of the day at $10 mil MC ($8 mil EV) its a pretty good punt IMO....

Lots of drilling required (and thus future funding required) but if they hit something big could do anything.

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Thanks for that....
I wonder if there are still plans to marry up/deal with the neighbours ( forget the name offhand, but it's mentioned and posted here)....anything positive there only enhances the project

SUH Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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