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Sandfire Resources America Files Black Butte Copper Project Preliminary Feasibility Study

Economic Studies

Sandfire Resources America Files Black Butte Copper Project Preliminary

Feasibility Study

WHITE SULPHUR SPRINGS, Montana, July 28, 2026 -- Sandfire Resources America Inc. (" Sandfire America " or the

"Company") announces that, further to its news release dated July 8, 2026, it has filed an independent Preliminary Feasibility

Study (the “PFS”) in respect of the Black Butte Copper Project. The PFS, titled “ Sandfire Resources America Inc., Black

Butte Copper Project, Preliminary Feasibility Study Update (Johnny Lee and Lowry Deposits) – Technical Report NI 43-101 ” is

dated July 28, 2026, and was prepared by Deepak Malhotra, Ph.D., SME-RM of DM Consulting. LLC., Berkley Tracy, P. Geo.

of SRK Consulting (U.S.), Inc., Shane McLeay, FAusIMM of Entech Pty Ltd., Patrick Williamson, QP of INTERA Inc., and

Tom Parrott, FIEAust CPEng NER RPEQ of Entech Pty Ltd.

A copy of the PFS is available on the Company's website at www.sandfireamerica.com and on SEDAR+ under Sandfire

America's issuer profile.

Contact Information:

Sandfire Resources America Inc.

Nancy Schlepp, VP of Communications and Government Relations

Mobile: 406-224-8180

Office: 406-547-3466

Email: [email protected]

Sandfire Resources America Inc. is a mineral exploration and development company focused on advancing the Black Butte

Copper Project, a high-grade underground copper project located in Meagher County, Montana, USA. The Company’s vision is

to develop a modern, environmentally responsible underground copper mine that delivers long-term benefits to its

shareholders, local communities, and the State of Montana. Additional information on Sandfire Resources America Inc. can

be viewed on SEDAR+ under the Company’s profile at www.sedarplus.ca or on Sandfire Resources America Inc.’s website at

www.sandfireamerica.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.