White Sulphur Springs, Montana– April 29, 2024 –Sandfire Resources America
Inc. (“Sandfire America” or the “Company”) is pleased to announce initial drill results of its winter exploration drilling program. This includes hole SC24-279 which intercepted 5.37 meters of 10.2% copper and hole SC24-284 which intercepted 6.26 meters of 10.7% copper.
The ongoing 2024 drill program focuses on upgrading and expanding the Johnny Lee
Lower Copper Zone resource which at last estimate consists of a measured and
indicated resource of 1.2 million tonnes grading 6.8% Cu and an inferred resource of
0.5 million tonnes of 5.9% Cu (2020 Technical Report*). Since December 2023, the
Company has drilled approximately 4,420 meters of a planned 20,000-meter drill
program.
Table 1. Black Butte Copper 2024 Exploration Drilling Program

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