Ms. Nancy Schlepp reports

SANDFIRE COMMENTS ON RECENT TRADING ACTIVITY

At the request of Canadian Investment Regulatory Organization, Sandfire Resources America Inc. has confirmed that the company's management is unaware of any material change in the company's operations that would account for the recent increase in market activity.

About Sandfire Resources America Inc.

Sandfire Resources America 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, United States.

We seek Safe Harbor.