Southern Hemisphere Mining Limited reported that the geological mapping of areas previously un-explored within the project area included 254 rockchips collected during the 2022 mapping program. The rockchip sampling program at Llahuin has identified several veins in areas outside known resources in the project area. Significant results are presented below and demonstrate very high-grade copper ±- gold ± silver veins occur in the project area.

Three target areas have been defined, one at Cerro de Oro, a second 1km North of Cerro de Oro and a third North of the Central Porphyry insets A, B and C above. The NE striking vein North of the Cerro de Oro deposit contains high-grade copper and silver outlined by samples 22LHR000183-184 which contain visible azurite and chalcocite. The area will require additional work to determine the strike extent of this vein system.

An additional two copper-bearing veins were identified to the NE of this with sample 22LHR000214 assaying 1.66% Cu, 4.53g/t Au and 3g/t Ag. Very high-grade Cu-bearing veins were sampled to the west of the Cerro de Oro deposit with samples 22LHR000105 and 106 testing a North-South striking vein over a 90m strike (where exposed) and returned values of 16.6% Cu, 094g/t Au and 1g/t Ag and 16.3% Cu, 1.13g/t Au and 4g/t Ag respectively.