Figure 1

Sandfire Resources America Inc.

Drilling completed at the Black Butte Project from mid-December 2023 to December 2024. Black diamonds show pierce points in Johnny Lee Lower Copper Zone. Assay results are light brown for high grade and blue for low grade. Colored areas show Measured (red), Indicated (yellow), and Inferred (blue) resource areas from the 2020 Technical Report.

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Sandfire Resources America Inc.

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