Jameson Resources Limited · ASX:JAL
Jameson Resources — Investor Presentation (July 2013)
23 slides from Jameson Resources's investor presentation, Jul 10, 2013
Slide 1: An Emerging Canadian Coking Coal Producer
For personal use only AN EMERGING CANADIAN COKING COAL PRODUCER INVESTOR PRESENTATION July 2013
Slide 2: Investment Highlights
Investment Highlights For personal use only PEA CONFIRMS ROBUST ECONOMICS FOR CROWN MOUNTAIN 76Mt within the mine plan, supporting a 24 year mine life 1.9Mt targeted production rate, assuming a 60% plant yield pa 90% hard coking coal estimated to be within the clean coal product mix 4.3:1 raw coal s
Slide 3: Financial Snapshot
Financial Snapshot For personal use only Share Capital Price Volume Chart Share Price (3 July 2013) A$0.23 Shares Outstanding 159m Market Capitalisation A$36m Trading Range (6 month) A$0.21 to A$0.35 Cash Reserves Cash (31 March 2013) A$3.6m Options and Exchangeable Shares Options (0.15c exercise pr
Slide 4: Highly Experienced Management Team
Highly Experienced Management Team For personal use only OPERATIONS David Fawcett ‐ Chairman • Mining engineer with over 35 years coal experience in western Canada CANADA • Proven track record for initiating and advancing new coal mine development • Awarded the 2012 AMEBC Coal Award for Excellence i
Slide 5: 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 • 11 Mtpa overland exports • No exports • 15 Mtpa seaborne exports • 28 Mtpa seaborne export
Slide 6: World's Most Profitable Coal Basins
World’s Most Profitable Coal Basins For personal use only • The Elk Valley and Crowsnest coal fields offer one of the most compelling global opportunities to develop a coking coal project • Low risk jurisdiction with well‐established rail and port infrastructure • Operating cost structures in Canada
Slide 7: Strategic Location
Crown Mountain – Strategic Location For personal use only • Teck is the world’s second largest seaborne supplier of metallurgical coal, based on its mines in the Elk Valley and Crowsnest coal fields • During Q1 2013, Teck produced 6.2Mt from its five coking coal operations at FOB cost of C$83/t • Ja
Slide 8: 90Mt Resource
Crown Mountain – 90Mt Resource For personal use only • Maiden open pit coal resource of 90Mt reported in February 2013 • 66Mt or 73% of the resource is in the Measured & Indicated category • Seven major seams ranging in thickness up to 12.5m and within 200m of surface • Based on 40 RC holes (2012),
Slide 9: Preliminary Economic Assessment
Crown Mountain – Preliminary Economic Assessment For personal use only PEA ‐ Key Attributes Resource ‐ TOTAL 90 Mt Recoverable Raw tonnes 76 Mt Strip Ratio (Raw Coal) 4.3:1 Production Capacity 1.3 to 1.9 Mtpa Potential Mine Life 24 years Expected coal quality 90% high quality coking CAPEX Range $109
Slide 10: Rail to Port
Crown Mountain – Rail to Port For personal use only No capacity constraints on rail networks and ports currently undergoing expansion RAIL • Crown Mountain located 14km by road to the Canadian Pacific rail line • Common user railway linking southeast BC to deep water ports in Vancouver • A new rail
Slide 11: Mine Advance
Crown Mountain – Mine Advance For personal use only • Low cost surface mining methods with raw strip ratio of 4.3:1 which is significantly lower than Teck • Surface mine development will use the truck/excavator method. Mining conditions at Crown Mountain will be similar to those at the nearby mines
Slide 12: North Block
Crown Mountain – North Block For personal use only North Block Seam Name Average 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 Seam 8 Combined Average 35.32 12
Slide 13: South Block
Crown Mountain – South Block For personal use only South Block Seam Name Average Thickness (m) 8 Upper 8 Middle 8 Lower 3.30 9 3.06 10 Upper 3.09 10 Middle 3.97 10 Lower 1.62 Seam 8 Combined Average 15.04 13
Slide 14: Southern Extension
Crown Mountain – Southern Extension For personal use only Southern Extension Seam Name Average Thickness (m) 8 Upper 8 Middle 8 Lower 9 10.10 10 Upper 3.29 10 Middle 1.40 10 Lower Seam 8 Combined Average 14.79 14
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 ‐ Drilling & Coal Quality Testwork Pre‐Feasibility Study EA / Permitting Feasibility including Drilling & Detailed Engineering 15
Slide 16: Exploration Status
Crown Mountain – Exploration Status For personal use only • Exploration approval (Notice of Work) for the mid‐2013 field season was issued in May 2013 • Exploration activities are designed to better define coal quality and washability (2012 program was designed to determine the extent and nature of
Slide 17: Exciting Portfolio of Metallurgical Coal Assets
Exciting Portfolio of Metallurgical Coal Assets For personal use only • Jameson has an exciting portfolio of metallurgical assets throughout Western Canada providing a highly compelling investment opportunity in the global coking coal sector • Hard coking coal is a geologically scarce commodity and
Slide 18: 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 • Coal license applications cover 26,700 hectares of prospective ground • Projects along strike from operating coal mines
Slide 19: Dunlevy – Exploration Status
Dunlevy – Exploration Status For personal use only • Exploration at Dunlevy, Jameson’s key Peace River Project, has resulted in the identification of several coal seams ranging in thickness up to 3.5m • Initial priority exploration target identified by an independent third party of at least 100 to 1
Slide 20: 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 21: Contact details
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 22: 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 23: Competent Persons Statements
Competent Persons Statements For personal use only 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 MacD
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