Jameson Resources Limited · ASX:JAL
Jameson Resources — Investor Presentation (October 2022)
29 slides from Jameson Resources's investor presentation, Oct 6, 2022
Slide 1: ASX cover letter: Shareholder Presentation
6 October 2022 Company Announcements Office Australian Stock Exchange Limited For personal use only Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000 Dear Sir/ Madam Jameson Resources Limited | Shareholder Presentation Please find attached a presentation to be given to shareholders thi
Slide 2: Jameson Resources: A New Era in Steelmaking Coal
For personal use only Jameson Resources A New Era in Steelmaking Coal October 2022 1
Slide 3: Contents
Contents For personal use only 1. Overview – Jameson Resources and Crown Mountain 2. Crown Mountain – progressing regulatory milestones 3. New Supply – global challenges 4. Steelmaking Coal – The Right Product 5. Crown Mountain • The Right Project • The Right Location • The Right ESG Strategy • The
Slide 4: About Jameson Resources
About Jameson Resources • Jameson is an ASX listed pure steelmaking coal Share Capital Sustainable For personal use only developer ASX ticker JAL growth to • Primary focus is its flagship asset, the Crown Share Price (31 Aug 2022) A$0.07 maximise Mountain Hard Coking Coal (HCC) Project • Will consid
Slide 5: Crown Mountain - a new era in steelmaking coal
Jameson Resources Crown Mountain - a new era in steelmaking coal • Steel: the critical enabler of a low carbon future - infrastructure, renewables, electric vehicles For personal use only • Steelmaking coal: unprecedented record prices due to declining production and lack of advanced The Right green
Slide 6: Crown Mountain – progressing key regulatory milestones
Crown Mountain – progressing key regulatory milestones For personal use only ✓ March 2022 Comprehensive Environmental Assessment (EA) Application completed While other development projects ✓ April 2022 EA/EIS submitted to Impact Assessment Agency of Canada (IAAC) for review in Alberta, Northeast ✓ A
Slide 7: The Risks for New Supply
The Risks for New Supply While Crown Mountain continues to progress the regulatory approval process, many alternative development projects in Alberta or outside Canada have been abandoned, stalled or delayed by regulatory uncertainty and policy change For personal use only Project Original Timing St
Slide 8: Australia – not such a warm welcome for new investment
Australia – not such a warm welcome for new investment For personal use only With the Queensland Government's new Royalty Scheme and the Greens’ stated aim of seeking a Federal moratorium on new Coal Projects, Canada is a more attractive and competitive investment location • “Royalty increases in Ql
Slide 9: Steel – the critical enabler of a low carbon future
Steel – the critical enabler of a low carbon future • For personal use only Steel will be the foundation on which the transition to a lower carbon future will be built • All decarbonisation technologies create substantial increased demand for materials. While focus has been on copper and battery min
Slide 10: Steelmaking Coal – Right Product
Steelmaking Coal – Right Product - Continued Demand and Uncertain Supply For personal use only • Global demand for steel is projected to increase by more than a third Global Seaborne Steelmaking Coal Exports (2013-21) through to 2050 (1) 400 Annual Exports (Mt) • Global prices now at historically hi
Slide 11: Crown Mountain – Right Project
Crown Mountain – Right Project For personal use only • Shallow open pit development – North, East and South pits o Life of mine (LOM) 15 years o Product mix: 86% HCC/14% PCI o Years 1-4: clean coal production: 2.3 Mtpa o LOM average clean coal production: 1.95 Mtpa o Years 1-5: clean coal strip rati
Slide 12: Crown Mountain – Right Location
Crown Mountain – Right Location Greenfield Project - Brownfield Location For personal use only TECK – Fording River Mine • Located within the established Elk Valley steelmaking coalfields, home to Teck - the world’s #2 steelmaking GREENHILLS coal exporter behind BHP TECK – Green Hills Mine • The Elk
Slide 13: Right ESG Strategy
Right ESG Strategy … reflecting a new era for ESG in steelmaking coal Crown Mountain has been designed to represent a new For personal use only standard in environmental management. Key features: • Cumulative Effects Assessment and commitment to strict environmental licence conditions and offsets en
Slide 14: Environmental Assessment Application – Submitted for Review
Environmental Assessment Application – Submitted for Review • Comprehensive environmental assessment (EA) study For personal use only undertaken over four years based on EIS Guidelines issued by the Impact Assessment Agency of Canada (IAAC) and Application Information Requirements issued by the Brit
Slide 15: Crown Mountain - a new era in steelmaking coal
Jameson Resources Crown Mountain - a new era in steelmaking coal • For personal use only The Right Steel - critical for economic development and enabler of a low carbon future Product • Steelmaking coal - demand growth and diminishing supply GREENHILLS The Right • Low strip-ratio open-pit resource w
Slide 16: Appendix: Crown Mountain Project Overview
For personal use only Appendix Crown Mountain Project Overview
Slide 17: World-class opencut Resources and Reserves
World-class opencut Resources and Reserves Crown Mountain Resources and Reserves For personal use only • Coal Resources of 90.2Mt are well Measured & Measured, Indicated understood and defined RESOURCES (Mt) Measured Indicated Indicated Inferred & Inferred • More than 70% of Resource is at North Blo
Slide 18: Crown Mountain Reserves Geology
World-class opencut Crown Mountain Reserves Geology For personal use only Section A-A Section B-B Section C-C Section D-D Opportunity for extension of South Pit subject to further in-fill exploration 17
Slide 19: Crown Mountain Mining and Production Mine Scheduling
Mining andMountain Crown Production Mine Scheduling For personal use only Waste ROM Coal Strip Ratio Product Strip Ratio Pit MBcm Mt Bcm/t ROM Coal Mt Bcm/t Saleable North & East 73.6 18.0 4.1 10.3 7.2 South 196.5 39.5 5.0 18.2 10.8 Total 270.1 57.5 4.7 28.5 9.5 • Mine scheduling sees mining start i
Slide 20: Crown Mountain Hard Coking Coal – The Right Product
Crown Mountain Hard Coking Coal – The Right Product For personal use only There are two primary sources of premium low- Crown Mountain Crown Mountain Coking Coal volatile hard coking coal that are sought after by Product Specification North Blend South Blend the world's leading steelmakers: 1. The M
Slide 21: Coking Coal Quality – CSR and Volatile Matter
Coking Coal Quality – CSR and Volatile Matter For personal use only • Crown Mountain Hard Coking Coal is: o High CSR (Coke Strength after Reaction) o Low volatile matter (VM) • High CSR and low VM are critical coke- making characteristics that determine demand and relative market position for coking
Slide 22: Rail infrastructure
Rail infrastructure For personal use only • Crown Mountain is located immediately adjacent to existing Canadian Pacific Railway line that is currently used by Teck’s operations to rail coal for export via Vancouver • Access to the rail line is legislated via the Canadian Transportation Act and is th
Slide 23: Infrastructure – Port Capacity
Infrastructure – Port Capacity Westshore Terminals Exports For personal use only 40 • The common user rail links the Elk Valley Coal Fields 35 with three deep water ports on the west coast of British Columbia - Westshore, Ridley and Neptune 30 Coal Exports (Mt) 25 • Westshore Terminal, in Vancouver,
Slide 24: Selenium Mitigation Strategy
Selenium Mitigation Strategy Role of plant refuse layers: • Retain moisture • Supply carbon • Jameson has sought to progress proactive bioremediation approach • For personal use only Generate anaerobic zones to mitigate and prevent potential Selenium runoff generated from • Retard oxygen diffusion t
Slide 25: Crown Mountain Bankable Feasibility Study – July 2020
Bankable Feasibility Crown Study – July 2020 Mountain Overview The BFS was undertaken by Stantec Consulting’s (Vancouver Office) as Study Manager, with key contributors For personal use only Sedgman Canada Limited (a member of CIMIC Group) and SRK Consulting, assessing: • Geology and resource develo
Slide 26: Crown Mountain Product Optimisation Study – August 2021
ProductCrown Optimisation Study – August 2021 Mountain Overview • The Product Optimisation Study identified the substantial uplift in product yield by For personal use only increasing target product ash levels from the Project by increase the ash from 9.5% to PRODUCT OPTIMISATION 10.5% for North and
Slide 27: Additional BFS Optimisation Opportunities
Additional BFS Optimisation Opportunities For personal use only • The BFS identified a number of Optimisation Opportunities Status/Timing opportunities for optimisation of the Project to further enhance Production of Higher Ash Product Completed August 2021 economic return, reduce development and pr
Slide 28: Disclaimer
Disclaimer For personal use only DISCLAIMER This presentation has been prepared by the Company based on information from its own and third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submission, despatch or provision
Slide 29: Disclaimer: Forward Looking Statements
Disclaimer For personal use only FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements. Wherever possible, words such as “intends”, “expects”, “scheduled”, “estimates”, “anticipates”, “believes”, and similar expressions or statements that certain actions, events or results
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