| Announcement Date: | 2022-08-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Sandfire Resources America Inc. |
| Project name: | Black Butte |
| Location: | United States |
| Commodities: | Silver,Copper |
| Highlight: | Drilling results incl. 36.3m @ 2.86% Cu, 16.5g/t Ag from 377.77m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | White Sulphur Springs, Montana– August 16, 2022 – Sandfire Resources America Inc. (“Sandfire America” or the “Company”) is pleased to report diamond drill results of the successful 2021-2022 Lowry Resource Definition core drilling program on its Black Butte Copper Project. Between September 2021 and March 2022, the company completed sixteen new core holes for 8,936 meters of core. Drilling Highlights Highlights of the Lowry Zone Resource Definition program include the following drill intersections Drilling in the Lowry Middle Copper Zone largely confirmed grades and thicknesses of previous drilling, defined resource edges more clearly, and infilled gaps within the previous drill pattern. Drilling in the Lowry Lower Copper Zone delineated an area with somewhat higher copper grades which remains open for further expansion (see results for SC22-274B and SC22-277 below). Several holes intercepted copper mineralization above the LMCZ in the Lowry Upper Copper Zone (see results for SC21-264, SC21-266 and SC21-268). |
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