05:30 PM EDT, 07/24/2024 (MT Newswires) -- Sandfire Resources America ( SRAFF ) after trade Wednesday announced additional drill results of its 2024 exploration drilling program.

Best results included hole SC24-286 which intercepted 8.53 meters of 6.6% copper and hole SC24-288 which intercepted 13.19 meters of 12.8% copper, both in the Johnny Lee Lower Copper Zone.

The statement noted 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. Since December 2023, the company has drilled approximately 8,000 meters of a planned 20,000-meter drill program, it noted.

Sandfire shares closed unchanged at $0.34 on the TSX Venture Exchange.