Jameson Resources Limited · ASX:JAL
Jameson Resources — Resources Rising Stars Gold Coast Conference October 2013
24 slides from Jameson Resources's conference presentation, October 2013
Slide 1: Resources Rising Stars
RESOURCES RISING STARS Gold Coast Conference October 2013
Slide 2: Investment Highlights
Investment Highlights POSITIONED IN WORLD CLASS METALLURGICAL COAL FIELDS Jameson focused on the exploration and development of coking coal projects within Canada’s prolific Elk Valley and Peace River coal fields THE ELK VALLEY – A COMPELLING INVESTMENT OPPORTUNITY TO DEVELOP COKING COAL PROJE
Slide 3: Financial Snapshot
Financial Snapshot Share Capital Price Volume Chart Share Price (26th September 2013) A$0.28 Shares Outstanding 171m Market Capitalisation A$47m Trading Range (6 month) A$0.21 to A$0.35 Cash Reserves Cash (September 16th 2013) A$4.1m Options and Exchangeable Shares Options (A$0.15 / 0.20 exercise pr
Slide 4: 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 5: 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 6: Crown Mountain – Strategic Location
Crown Mountain – Strategic Location • The Elk Valley and Crowsnest coal fields offers 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 7: Crown Mountain – 90Mt Resource
Crown Mountain – 90Mt Resource • Maiden coal resource of 90Mt reported in February 2013 • 66Mt or 73% of the resource is in the Measured & Indicated category • Seven coal seams with coal zone thickness up to 12.5m and within 200m of surface • Based on 40 RC holes (2012), 18 holes (historic), trenchi
Slide 8: Crown Mountain – Cross Sections
Crown Mountain – Cross Sections North Block Seam Name Zone Thickness (m) 8 Upper 12.47 8 Middle 4.27 8 Lower 3.74 9 4.68 10 Upper 7.56 10 Middle 1.08 10 Lower 1.52 Combined Average 35.32 South Block Seam Name Zone Thickness (m) 8 Upper 8 Middle 8 Lower 3.30 9 3.06 10 Upper 3.09 10 Middle 3.97 10 Low
Slide 9: Crown Mountain – Model Snapshot
Crown Mountain – Model Snapshot South Block South Pit North Block North Pit East Pit North Block Seam 8 Seam 8 Middle South Block Seam 8 Lower Seam 9 Southern Seam 9 Rider Extension Seam 10 Upper Seam 10 Middle Seam 10 Lower Pit Shell 9
Slide 10: Crown Mountain – Preliminary Economic Assessment
Crown Mountain – Preliminary Economic Assessment PEA ‐ Key Attributes Resource ‐ TOTAL 90 Mt Recoverable Raw tonnes 76 Mt (84%) Strip Ratio (Raw Coal) 4.3:1 Production Capacity 1.3 to 1.9 Mtpa Potential Mine Life 24 years Expected product 90% hard coking coal CAPEX ¹ $109M to $284M Yield Case 40% 50
Slide 11: Crown Mountain – Mine Advance
Crown Mountain – Mine Advance • 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 mines • Wash plant lo
Slide 12: 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 1,000km • A new rail siding will be constructed adjacent to the rail that services thr
Slide 13: 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 14: Crown Mountain – Coal Quality to Date
Crown Mountain – Coal Quality to Date • Initial results are well within the range of specifications for SEBC hard coking coals • Washability is higher than expected • All seams show coking coal characteristics • For a targeted 8.5 – 9.5 percent ash product: • Average recovery ¹: 71.1 percent (range
Slide 15: 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 • Hydrological studies including the installation of several down‐hole ground water monitori
Slide 16: 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 17: Peace River Coal Fields
Peace River Coal Fields • Four operating metallurgical coal mines • BC Ministry of Energy and Mines has approved Anglo American’s Trend Mine expansion (Roman Mountain) • Preparations underway for re‐opening of Teck’s Quintette mine • Serviced by CN Rail and Port of Ridley • Major M&A activity over p
Slide 18: 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 19: Dunlevy – An Exciting New Discovery
Dunlevy – An Exciting New Discovery • Geological mapping and trenching has resulted in the identification of multiple coal seams ranging in thickness up to 3.5m • Simple geology relative to mines in the region ‐ broad shallow dipping syncline; west limb dipping 5‐10 degrees • Initial priority explor
Slide 20: Dunlevy – Approvals and Work Program Update
Dunlevy – Approvals and Work Program Update • 8,300ha under application (with approval pending) with large additional area to remain under application • Ministry of Mines has made significant steps towards granting Dunlevy tenure and the Notice of Work with approvals expected soon • Notice of Work a
Slide 21: 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 22: 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 23: 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 24: 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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