Jameson Resources Limited · ASX:JAL
Jameson Resources — Mines & Money Conference London 2013
22 slides from Jameson Resources's conference presentation, November 2013
Slide 1: Investor Presentation – Mines & Money Conference London 2013
INVESTOR PRESENTATION MINES & MONEY CONFERENCE LONDON 2013
Slide 2: Financial Snapshot
Financial Snapshot Share Capital Price Volume Chart Share Price (November 25th 2013) A$0.26 Shares Outstanding 171m Market Capitalisation A$45m Trading Range (6 month) A$0.21 to A$0.28 Cash Reserves Cash (November 25th 2013) A$3.0m Options and Exchangeable Shares Options (A$0.15 / 0.20 exercise pric
Slide 3: Highly Experienced Management Team
Highly Experienced Management Team David Fawcett ‐ Chairman • Mining engineer with over 35 years coal experience in western Canada • Proven track record for initiating and advancing new coal mine development • CANADA Awarded the 2012 AMEBC Coal Award for Excellence in Mine Development in the Peace R
Slide 4: Few Coking Coal Basins have Export Potential
Few Coking Coal Basins have Export Potential MONGOLIA KYRGYZ REPUBLIC RUSSIA WESTERN CANADA • ASX Companies: AKM, GUF • ASX Companies: CLA • ASX Companies: TIG • ASX Companies: JAL , ATU (anthracite) • 11 Mtpa overland exports • No exports • 15 Mtpa seaborne exports • 28 Mtpa seaborne exports • Capt
Slide 5: Crown Mountain – Strategic Location
Crown Mountain – Strategic Location • The Elk Valley and Crowsnest coal fields offer compelling global opportunities for development of a coking coal project • Teck is the world’s second largest seaborne supplier of metallurgical coal, based on its mines in the Elk Valley and Crowsnest coal fields •
Slide 6: Crown Mountain – Rail to Port
Crown Mountain – Rail to Port No capacity constraints on rail networks and ports currently undergoing expansion RAIL • Common user railway linking southeast BC to deep water ports in Vancouver: distance to port 1,192km • A new rail siding will be constructed adjacent to the rail that services three
Slide 7: Crown Mountain – Geology and Resources
Crown Mountain – Geology and Resources DOMAIN Measured Indicated Meas/Ind Inferred (Mt) (Mt) (Mt) (Mt) North Block 7.9 7.1 15.0 0.0 South Block 51.3 0.0 51.3 0.0 Southern Extension 0.0 0.0 0.0 23.7 TOTAL 59.2Mt 7.1Mt 66.3Mt 23.7Mt 7
Slide 8: Crown Mountain – Preliminary Economic Assessment
Crown Mountain – Preliminary Economic Assessment • Low cost surface mining methods with raw strip ratio of 4.3:1 BCM/tonne which is significantly lower than Teck • Surface mine development will use truck/excavator methods; mining conditions at Crown Mountain will be similar to those at the nearby mi
Slide 9: Crown Mountain – Exploration Program 2013
Crown Mountain – Exploration Program 2013 • Exploration drilling program to better define coal quality and washability completed ahead of schedule and under budget • Program focused on North and South Blocks and included seven large diameter core holes (150mm) and six reverse circulation holes • Cor
Slide 10: Crown Mountain – Laboratory Flow Sheet
Crown Mountain – Laboratory Flow Sheet Lab – Receives Apparent Density, SG, Incremental Core Ash, Moisture, Sulphur Sample of Coal and Partings Composite Core Sample & Air Dry SIZE FRACTION DROP SHATTER Dry Screen Analysis @ Dry and Wet Tumbler ANALYSIS TEST 50,25,13,6,2,1,1x0mm Attrition Ash for ea
Slide 11: Crown Mountain – Initial Coal Quality North Block
Crown Mountain – Initial Coal Quality North Block • Laboratory results from all three large diameter core holes from the North Resource Block have now been received • Washability recovery, which directly correlates to plant yield once adjustments are made for out‐of‐seam dilution and pit loss, conti
Slide 12: Discussion – Additional North Block Results
Discussion – Additional North Block Results • Representative samples were prepared from all three major seams (8, 9, 10) encountered in hole CM12‐01‐CH, blended in proportions to each seam’s percentage of total resource, and sent to specialized labs for additional testing. • The purpose of this test
Slide 13: Coking Coal Parameters and General Specifications
Coking Coal Parameters and General Specifications Coal Quality Parameter Crown Mountain General Specs ‐ Global South East BC Total Moisture % (arb) TBD1 Max 10 8‐9 Ash % (db) 8.74 Max 10 8.5 ‐ 9.6 Volatile Matter % (db) 20.85 17 ‐ 35 21 ‐ 27 Sulphur % (db) 0.58 < 1 (typ 0.6) 0.35 – 0.75 Fixed Carbon
Slide 14: Crown Mountain – Environmental Studies
Crown Mountain – Environmental Studies • Environmental baseline studies are well advanced with the BC MOE required two year monthly water sampling and quality test work scheduled for completion in April 2014 • Hydrologic studies, including the installation of several down‐hole ground water monitorin
Slide 15: Crown Mountain – Timeline
Crown Mountain – Timeline 2013 2014 2015 ACTIVITY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Resource Estimate Preliminary Economic Assessment Exploration – LDC & RC Drilling program Coal Quality Testwork Pre‐Feasibility Study Project Description / Terms of Reference EA / Permitting Feasibility including Dr
Slide 16: Peace River Projects – Strategic Location
Peace River Projects – Strategic Location • 100% ownership of Dunlevy, Carbon East, Peace Reach and Graham River projects within the Peace River coal field • Coal license applications cover 30,203 hectares of prospective ground • Projects along strike from operating coal mines and a number of resour
Slide 17: Dunlevy – Approvals and Work Program Update
Dunlevy – Approvals and Work Program Update • 8,300ha under review by regulators with large additional area to remain under application • Ministry of Mines has made significant steps towards granting tenure and the Notice of Work which includes up to 34 drill sites • Initial priority exploration tar
Slide 18: Metallurgical Coal – Market Update
Metallurgical Coal – Market Update • Current metallurgical coal prices are not sufficient to Hard Coking Coal Price Forecasts ¹ meet current costs. Approximately 20% of global 220.0 Range of Street Estimates production is believed to be currently uneconomic 210.0 Consensus 200.0 Wood Mackenzie • Har
Slide 19: Summary
Summary POSITIONED IN WORLD CLASS Jameson is a pure coking coal Company and owns coal projects within Canada’s prolific METALLURGICAL FIELDS Elk Valley and Peace River coking coal fields Quality projects located proximal to road network and an extensive rail system linking PROXIMAL TO INFRASTRUCTURE
Slide 20: www.jamesonresources.com.au
www.jamesonresources.com.au AUSTRALIAN OFFICE (Corporate) CANADIAN OFFICE Level 2, 79 Hay Street Suite 800, 1199 West Hastings Street Subiaco, WA 6008 Vancouver, BC V6E 3 T5 T: +61 (8) 9200 4473 T: +1 (604) 629‐8605 E: admin@jamesonresources.com.au
Slide 21: Disclaimer
Disclaimer This document has been prepared as a summary only, and does not contain all information about the Jameson Resources Limited’s (the “Company”) assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attaching to the Company’s
Slide 22: Competent Persons Statements
Competent Persons Statements The information in this presentation that relates to an Exploration Target (as defined under Section 18 of the JORC code), Exploration Results, Mineral Resources or Ore Reserves on the Dunlevy Project is based on information compiled by Mr. Ken MacDonald P.Geo., who is a
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