Southern Hemisphere Mining Limited

Southern Hemisphere Mining Limited

January 25, 2011 14:53 ET

Southern Hemisphere Mining Limited: Changes to the Los Pumas Project Environmental Approval Process

PERTH, WESTERN AUSTRALIA--(Marketwire - Jan. 25, 2011) - Southern Hemisphere Mining Limited ("Southern Hemisphere" or "Company") (TSX VENTURE:SH)(ASX:SUH) reports that the environmental approval process for the Company's Los Pumas Manganese Project located in Northern Chile will require additional time to complete.

On 3 August 2010, following the advice of its Environmental Consultants, the Company lodged an Environmental Impact Declaration with the Region XV Committee in Arica, who made no challenges within the prescribed time period.

However, during January 2011 there have been successful challenges by indigenous communities in the Chilean Supreme Court, of other parties' approved Environmental Impact Declarations, which resulted in the requirement for those parties to each lodge a more detailed Environmental Impact Statement that involves greater consultation between the regional authority and indigenous communities.

The Company has obtained a legal opinion, which considered the successful recent legal challenges and advised that it would be prudent for the Company to withdraw its Environmental Impact Declaration and substitute it with an Environmental Impact Statement, which could not be challenged on similar grounds in the courts, thus avoiding possible time consuming legal actions.

Based on this opinion, the Company withdrew its Environmental Impact Declaration on 25 January 2011 and will lodge its Environmental Impact Statement with the Region XV Committee for their review and further consultations with the local community.

The Company is working closely with and has received assurance from the Region XV Authorities that they will provide every assistance to expedite their review of the Company's Environment Impact Statement and further consultations with the local community, during which time the Company will finalise the Los Pumas Manganese feasibility study and continue with its copper/gold exploration program.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Southern Hemisphere Mining Limited
    Trevor Tennant
    +56 (9) 7766 4688
    Clark Kent
    Investor Relations