- Sandfire Resources America (SFR) reported diamond drill results from the 2021-2022 Lowry Resource Definition core drilling program on its Black Butte Copper Project
- Between September 2021 and March 2022, the company completed 16 new core holes for 8,936 metres of core
- The results of this drilling will support a pre-feasibility study planned for completion in 2023
- Sandfire Resources America Inc. (SFR) is trading steady at C$0.125 per share
Sandfire Resources America (SFR) reported diamond drill results from the 2021-2022 Lowry Resource Definition core drilling program on its Black Butte Copper Project.
Between September 2021 and March 2022, the company completed 16 new core holes for 8,936 metres of core.
Highlights:
- SC21-268 intercepted 36.3 meters of 2.86% copper and 16.5 g/t silver in the Lowry Middle Copper Zone (LMCZ)
- SC21-265 intercepted 30.58 meters of 2.7% copper and 10 g/t silver in the LMCZ
- SC22-277 intercepted 13.51 meters of 3.93% copper and 17.4 g/t silver in the Lowry Lower Copper Zone (LLCZ)
- SC22-274B intercepted of 8.36 meters of 4.30% copper and 9.2 grams silver in the LLCZ
The company’s Senior VP, Jerry Zieg stated that the success of this drill program increases the scale and quality of the Lowry copper deposit and adds significant value to the Black Butte Copper Project.
“It represents a future opportunity for additional copper production with minimal impact to our disturbance footprint. Protecting the environment while providing benefits to all our stake holders remains central to our strategy.”
The results of this drilling will support a Lowry Pre-Feasibility Study planned for completion in 2023, as additional work will require hydrologic, metallurgical, mining, and geotechnical studies.
Sandfire Resources is focused on the exploration and mining of its 100 per cent owned flagship property, the Black Butte Copper Project in central Montana.
Sandfire Resources America Inc. (SFR) is trading steady at C$0.125 per share.
