Jameson Resources Limited · ASX:JAL
Jameson Resources — Mines and Money Conference Hong Kong 2014
22 slides from Jameson Resources's conference presentation, Mar 24, 2014
Slide 1: Investor Presentation - Mines and Money Conference
For personal use only INVESTOR PRESENTATION Mines and Money Conference Hong Kong, March 2014
Slide 2: Financial Snapshot
Financial Snapshot For personal use only Share Capital Price Volume Chart Share Price (March 19, 2014) A$0.215 Shares Outstanding 190m Market Capitalisation A$41m Trading Range (6 month) A$0.19 to A$0.28 Cash Reserves Cash (March 19, 2014) A$4.2m Options and Exchangeable Shares Options (A$0.15 / 0.2
Slide 3: Highly Experienced Management Team
Highly Experienced Management Team For personal use only David Fawcett ‐ Chairman • Mining engineer with over 37 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 Deve
Slide 4: Few Coking Coal Basins have Export Potential
Few Coking Coal Basins have Export Potential For personal use only 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 s
Slide 5: Strategic Location
Crown Mountain – Strategic Location For personal use only • 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 C
Slide 6: Rail to Port
Crown Mountain – Rail to Port For personal use only 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 rai
Slide 7: Geology and Resources
Crown Mountain – Geology and Resources For personal use only DOMAIN Measured Indicated Meas/Ind Inferred (Mt) (Mt) (Mt) (Mt) North Block 8.0 6.0 14.0 0.0 South Block 60.9 0.0 60.9 0.0 Southern Extension 0.0 0.0 0.0 23.7 TOTAL 68.9Mt 6.0Mt 74.9Mt 23.7Mt 7
Slide 8: Preliminary Economic Assessment
Crown Mountain – Preliminary Economic Assessment1 For personal use only PRELIMINARY ECONOMIC ASSESSMENT ‐ Key Attributes 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% high quality coking CAPEX 2 $
Slide 9: Mine Advance
Crown Mountain – Mine Advance • For personal use only 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
Slide 10: Exploration Program 2013
Crown Mountain – Exploration Program 2013 For personal use only • 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 c
Slide 11: Laboratory Flow Sheet
Crown Mountain – Laboratory Flow Sheet For personal use only 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 50,25,13,6,2,1,1x0m
Slide 12: Coal Quality
Crown Mountain – Coal Quality • For personal use only Final results from the large diameter core holes confirm property wide coking coal characteristics as defined by Coke Strength After Reaction (CSR). • Norwest Corporation believes the Crown Mountain product will compare favourably with the best h
Slide 13: Coking Coal Parameters and Competitor Specifications
Coking Coal Parameters and Competitor Specifications For personal use only Coal Quality Parameter Crown Mountain1 General Specs ‐ Global South East BC Total Moisture % (arb) TBD2 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
Slide 14: Environmental Studies
Crown Mountain – Environmental Studies For personal use only • 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
Slide 15: Timeline
Crown Mountain – Timeline For personal use only 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 / Permittin
Slide 16: Peace River Projects – Strategic Location
Peace River Projects – Strategic Location For personal use only • 100% ownership of Dunlevy, Carbon East, Peace Reach and Graham River projects within the Peace River coal field • Projects along strike from operating coal mines and a number of resource projects under exploration and feasibility • Lo
Slide 17: Dunlevy – Approvals and Work Program Update
Dunlevy – Approvals and Work Program Update For personal use only • Two licenses comprising 2,626 Hectares have been granted. • All proposed drill sites fall within the approved tenure • Drilling expected to commence pending Notice of Work approval • Exploration program will establish number of seam
Slide 18: Dunlevy – Priority Target Area
Dunlevy – Priority Target Area For personal use only Priority Target Area – 7km x 5km 18
Slide 19: Summary
Summary For personal use only 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 PROX
Slide 20: For personal use only
For personal use only 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 For personal use only 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 atta
Slide 22: Competent Persons Statements
Competent Persons Statements For personal use only PRELIMINARY ECONOMIC ASSESSMENT The information in this presentation that relates to the preliminary economic assessment is based on information compiled by Mr. Keith Wilson P. Eng., who is a Member of a Recognised Overseas Professional Organisation
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