Jameson Resources Limited · ASX:JAL
Jameson Resources — Investor Presentation (October 2012)
26 slides from Jameson Resources's investor presentation, Oct 24, 2012
Slide 1: Investor Presentation October 2012
For personal use only INVESTOR PRESENTATION OCTOBER 2012
Slide 2: Investment Highlights
Investment Highlights For personal use only POSITIONED IN WORLD CLASS METALLURGICAL COAL FIELDS Jameson is a pure play coking coal Company and owns coal projects within Canada’s prolific Elk Valley and Peace River coking coal fields SIGNIFICANT DEVELOPMENT EXPERTISE ON BOARD Two highly credentia
Slide 3: Corporate Information
Corporate Information For personal use only ASX : JAL Major Shareholders Share Price (16 October 2012) A$0.27 Top 20 Shareholders 51% Market Capitalisation A$42m Directors (Fully Diluted) 14% Trading Range (12 month) A$0.11 to A$0.43 Argyle Group 12% Cash A$5.8m Macquarie Bank Ltd (Metals and Energy
Slide 4: Highly Experienced Management Team
Highly Experienced Management Team For personal use only CANADA – Operations 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 • Awarded the 2011 Canadian Institute of Mining, M
Slide 5: Canadian Advantage
Canadian Advantage For personal use only • World class infrastructure which includes: Deep water sea ports Extensive railway Quality road networks Cheap power supply • Competitive shipping distance and limited demurrage time when compared to eastern seaboard of Australia • Low sovereign risk
Slide 6: Metallurgical Coal - An Attractive Commodity
Metallurgical Coal ‐ An Attractive Commodity For personal use only • A key ingredient in the steel making process • Metallurgical coal is geologically scarce unlike thermal coal • Supply is limited by infrastructure • Threat from substitutes is low • Industry structure is highly concentrated which p
Slide 7: Limited Supply of Metallurgical Coal
Limited Supply of Metallurgical Coal For personal use only Russia 8mt PRINCE RUPERT Canada Europe North Asia 24Mt 24mt 54mt 99mt Mongolia * SEOUL WESTSHORE 29Mt USA China NEPTUNE 56mt 27mt TOKYO 12Mt India SHANGHAI 33mt * Indonesia DALRYMPLE BAY South America 8000km * Mozambique Australia 22mt 141mt
Slide 8: Growing Global Middle Class
Growing Global Middle Class For personal use only Global Middle Class1 population increase of 700 million from 1980 to 2009 Middle Class is projected to grow from 1.8 billion to 4.9 billion by 2030 The Asia Pacific middle class is forecast to increase from 28% of the world’s middle class in 20
Slide 9: Global Steel Demand
Global Steel Demand For personal use only 2,500 Historical and Forecast Global Steel Demand: 2,000 Requires ~500 million tonnes more coking (million tonnes) coal 1,500 1,000 500 0 1980 1990 2000 2010 2020F 2030F Source: Teck Resources 2012, 9
Slide 10: Overview of Projects
Overview of Projects For personal use only All projects close to infrastructure in coking coal fields responsible for Canada’s metallurgical coal exports Crown Mountain Project • 90% interest in Project Located in the Elk Valley coal field • and close to some of Canada’s major operating HCC mines Pe
Slide 11: Crown Mountain Project - Strategic Location
Crown Mountain Project – Strategic Location For personal use only Jameson has 90% ownership with option to • acquire remaining 10% for C$2m All five coal licenses granted in May 2012 • and cover an area of 2,588 hectares Situated in the Elk Valley, British Columbia’s • most prolific coking coal fiel
Slide 12: Crown Mountain Project - Key Success Factors
Crown Mountain Project – Key Success Factors For personal use only Mining Targeting three major coking coal seams which are potentially amenable to open‐pit mining at low strip ratios Processing Coal seams interpreted to be the 8, 9 and 10 seams currently being mined at Teck’s Line Creek HCC ope
Slide 13: Crown Mountain Project - Cross Sections
Crown Mountain Project – Cross Sections For personal use only Seam 8 13
Slide 14: Crown Mountain Project - Exploration Status
Crown Mountain Project – Exploration Status For personal use only Phase 1 and 2 drilling programs completed ahead of • schedule with a total of 37 holes drilled for 5,317m Structure and coal seam thickness compares • favourably with historical data Three major coal bearing seams with 7 separate • me
Slide 15: Peace River Projects - Strategic Location
Peace River Projects – Strategic Location For personal use only 100% ownership of Dunlevy and Nexx projects (Carbon East, Peace Reach, • Graham river) with metallurgical coal potential within the Peace River coal field Coal license applications cover 46,000 • hectares of prospective ground Projects
Slide 16: Recent M&A Activity in Peace River Coal Field
Recent M&A Activity in Peace River Coal Field For personal use only Anglo American 16
Slide 17: Dunlevy - Key Success Factors
Dunlevy – Key Success Factors For personal use only Mining Potential for significant resources , with simple geology relative to existing mines Coal measures in the southern half of the project occur in a gently dipping syncline with the western limb extending over some 10km x 4km Processing Coa
Slide 18: Dunlevy - Proposed Exploration
Dunlevy – Proposed Exploration For personal use only Construction of forestry roads has exposed multiple coal • seams up to 3.5m in thickness Exploration to date has included field reconnaissance and • trenching in 2009, and geological mapping in 2011 Staged drilling program with the first phase inc
Slide 19: Peace River Projects - Reconnaissance Mapping
Peace River Projects – Reconnaissance Mapping For personal use only Geological mapping undertaken over Peace • River Projects August ‐ September 2012 Significant section of Gething Formation • outlined within Carbon East and Peace Reach projects Initial helicopter supported reconnaissance • shows co
Slide 20: Key Milestones - 2012
Key Milestones ‐ 2012 For personal use only Licenses Issued – Crown Mountain Regulatory approvals for exploration program – Crown Mountain Geological mapping and reconnaissance – Peace River Project Drilling programs with coal quality test work – Crown Mountain Regulatory approvals
Slide 21: Summary
Summary For personal use only Canada Exploring for Metallurgical Coal Projects Management Team Opportunities 21
Slide 22: For personal use only
For personal use only Level 2, 79 Hay Street Suite 800, 1199 West Hastings St Subiaco, WA Vancouver, BC V6E 3T5 +61 (8) 9200 4473 +1 (604) 629‐8605 www.jamesonresources.com.au
Slide 23: Appendix 1: Coal Type Spectrum
Appendix 1: Coal Type Spectrum For personal use only CARBON AND ENERGY CONTENT OF COAL MOISTURE CONTENT OF COAL Low Rank Coal Hard Coal 47% 53% % OF WORLD RESERVES Peat/Bog Lignite Sub-Bituminous Bituminous Anthracite 17% 30% 52% 1% Thermal Metallurgical Steam Coal Soft Coking Hard Coking Power Gene
Slide 24: Appendix 2: Metallurgical Coal
Appendix 2: Metallurgical Coal For personal use only Three main categories of metallurgical coal Metallurgical coal is less abundant than thermal coal and is primarily 1 Hard coking coal used in the production of coke which is an important part of the – Forms high‐strength coke integrated steel mill
Slide 25: 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 26: Competent Persons Statement
Competent Persons Statement For personal use only Exploration or technical information in this presentation to which this statement is attached that relates to exploration results is based on information compiled by Mr John Holmes, who is a member of the Australian Institute of Geoscientists. Mr. Ho
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