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Awards of Drilling Contract and Commences Drilling at La Santas Project in Chile

Posted on: Thursday, 17 January 2008, 15:00 CST

Southern Hemisphere Mining Limited (formerly Youandi Capital Corp.) (TSX VENTURE: SH) ("Southern Hemisphere" or the "Company"), is pleased to announce that it has signed a drilling contract and will commence drilling on the La Santas Project, Chile.

Drilling Contract

Southern Hemisphere has signed a drilling contract with a Chilean based drilling company, Rock Drilling S.A, which will allow for a total of 20,000 metres of drilling at its projects in Chile.

La Santas Project

Drilling will commence at the Las Santas Project and the initial drill program will test a porphyry style alteration package that has been defined by geochemistry, geophysics and surface mapping.

About Southern Hemisphere Mining Limited

Southern Hemisphere is a South American focused resource company focused on exploring for large tonnage copper resources in Chile. The Company currently has four projects in Chile covering approximately 177 km2 of prospective exploration ground covering three mineralized porphyry copper systems. These projects, La Santas, El Arrayan, Mantos Grandes and San Jose, are all located within the Chilean copper belt and in the case of two of the projects are in close proximity to existing large copper or copper /gold mining operations.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 Contacts: Southern Hemisphere Mining Limited Don Shaxon Investor Relations 1-888-673-2646  Southern Hemisphere Mining Limited Trevor Tennant President +61-8-9481-2122  

SOURCE: Southern Hemisphere Mining Limited


Source: MARKET WIRE

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