Southern Hemisphere Mining MD leads the way with an on market increase in shareholding

Southern Hemisphere Mininhow can i start stone crusher business with very small investmentg managing director Trevor Tennant has invested a further A$30,000 to increase his shareholding in the company.

Tennant acquired an additional 200,000 shares on-market for an average entry price of around $0.15 per share.

Southern Hemisphere Mining is continuing to strike high grade copper at its Llahuin Copper Project in Chile with drilling returning 440 metres at 0.75% copper equivalent.

An infill and extensional drilling program is underway at Llahuin to follow up on the recently announced maiden JORC Resource of 106 million tonnes at 0.4% copper equivalent.

The peak intercept of 440 metres includes a high grade interval of 208 metres at 1.2% copper equivalent, highlighting potential for a high grade zone within the Central Porphyry.

Southern Hemisphere’s Llahuin project covers an area of 7.72 square kilometres in Chile, and features similar geological characteristics to Teck Resources’ nearby 400 million tonne Carmen de Andacollo copper mine.

The current resource is based on the Llahuin Porphyry Zone, where the majority of drilling has been focused, and the Cerro Zone. Further drilling in both zones is planned to enhance the resource.