Jameson Resources Limited · ASX:JAL
Jameson Resources — Investor Presentation (May 2015)
34 slides from Jameson Resources's investor presentation, May 25, 2015
Slide 1: Crown Mountain Coking Coal Project
For personal use only CROWN MOUNTAIN COKING COAL PROJECT May 2015 NWP Coal Canada Limited A Wholly Owned Subsidiary of Jameson Resources
Slide 2: Crown Mountain Location
CROWN MOUNTAIN 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 a major seaborne supplier of metallurgical coal, from its mines in the Elk Valley and Crowsnest coal fields • Operating co
Slide 3: Exploration
For personal use only EXPLORATION
Slide 4: North Block Geology
For personal use only NORTH BLOCK GEOLOGY
Slide 5: South Block Geology
For personal use only SOUTH BLOCK GEOLOGY
Slide 6: Southern Extension
For personal use only SOUTHERN EXTENSION
Slide 7: Pre-Feasibility Study (PFS)
Pre-Feasibility Study (PFS) For personal use only • Commissioned by Jameson after 2013’s positive PEA and completion of a successful coal exploration program during summer 2013. • Executed by Norwest Corporation of Calgary, Alberta, Canada. • Focused only on the Measured and Indicated resources iden
Slide 8: Crown Mountain Resources and Reserves
Crown Mountain Resources and Reserves For personal use only • The resource base at Crown RESOURCE AREA Measured Indicated Measured & Inferred Measured, Mountain was revised upward (Mt) (Mt) Indicated (Mt) Indicated & in March 2014 after the 2013 (Mt) Inferred (Mt) summer drilling program’s results w
Slide 9: Crown Mountain Coal Quality
Crown Mountain Coal Quality For personal use only Crown Mountain Coking Coal1 Canadian Canadian Central NEBC SEBC North and South Alberta2 HCC2 HCC2 East Blocks Block Total Moisture (% as received) 8-9 8-9 8-9 8-9 8-9 Volatile Matter (% dry) 20.5 18 23 - 24.5 21 - 27 17 - 27 Ash Content (% dry) 9 9
Slide 10: Crown Mountain PFS - Capital
Crown Mountain PFS - Capital For personal use only Pre-Production Capital US$ Major Mobile Equipment 108.1 Minor Mobile Equipment 8.3 Wash Plant 57.8 Infrastructure (rail load-out, roads, overland conveyor, power, offices, shop etc) and permitting 93.7 Pre-Strip 40.9 SUBTOTAL – CAPITAL 308.8 Conting
Slide 11: Crown Mountain PFS – Operating Cost
Crown Mountain PFS – Operating Cost For personal use only Cost Category Cost Per Clean Tonne Life-Of-Mine (US$) Waste Removal 41.41 Coal Mining 8.00 Plant 8.66 Clean Coal Handling 2.61 Reclamation 1.24 Marketing/Corporate 1.24 Administration 5.02 Total Costs – Site 68.18 Rail and Port Costs 32.20 To
Slide 12: Crown Mountain – PFS Highlights
Crown Mountain – PFS Highlights For personal use only • Annual clean coal production/sales of 1.7 million tonnes. • Construction could commence as early as summer 2016. • Total start-up capital of $339 million, of which a significant portion is appropriate for leasing. • Total employment ranges betw
Slide 13: Crown Mountain – Post-PFS Activity
Crown Mountain – Post-PFS Activity For personal use only • The declining CAD:USD exchange rate results in FOB costs of US$70.91/tonne during the initial 4 years of operation, and US$87.28 life-of-mine (compared to the PFS’ US$88.64 and US$100.38 respectively). • Even at today’s low coking coal bench
Slide 14: Project Facilities
For personal use only PROJECT FACILITIES
Slide 15: Crown Mountain – 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 achieved in April 2014 • The installation of several down-hole ground water monitoring stations was completed
Slide 16: Project and Study Areas
Project and For personal use only Study Areas Crown Mountain Coking Coal Project 16
Slide 17: Environmental Baseline
1 7 For personal use only Environmental Baseline • Surface Water Quality • Hydrology • Groundwater • Climate Station • Fisheries • Terrestrial • Geochemistry Crown Mountain Coking Coal Project
Slide 18: Surface Water Quality
1 8 For personal use only Surface Water Quality • Monthly sampling at 12 stations initiated in May 2012 and ongoing • Initial program reviewed with MOE • Sites in Alexander, West Alexander, Grave, Harmer, and Michel Creeks • Metals, PAHs, nutrients, and conventional parameters • Detailed QA/QC progr
Slide 19: Water Quality Stations
Water Quality For personal use only Stations Crown Mountain Coking Coal Project 19
Slide 20: Hydrology
2 0 For personal use only Hydrology • Data loggers installed in 2012 concurrent with water quality work • Initial program reviewed with MOE • Alexander, West Alexander, and Grave Creeks • Data downloaded periodically along with the completion of stream cross-sections Crown Mountain Coking Coal Proje
Slide 21: Flow Monitoring Sites
Flow For personal use only Monitoring Sites Crown Mountain Coking Coal Project 21
Slide 22: Groundwater
2 2 For personal use only Groundwater • Established five (5) groundwater monitoring wells in Aug/Sept 2013 • Groundwater sampling commenced in September 2013 continues on a quarterly basis. • Sampling ongoing Crown Mountain Coking Coal Project
Slide 23: Meteorology
2 3 For personal use only Meteorology • Climate station installed in December 2013 • Extensive discussions with MOE regarding approach, location, etc. • Precipitation (rain and snow), temperature, dew point temp, relative humidity, wind speed and direction, barometric pressure, and net radiation • D
Slide 24: Fisheries
2 4 For personal use only Fisheries • Preliminary Gap Analysis completed in 2013 • Alexander and Grave Creeks fish-bearing • Native species present include: westslope cutthroat trout; bull trout; mountain whitefish; longnose sucker • Introduced species include: eastern brook trout and rainbow trout
Slide 25: Fish Observations
Fish For personal use only Observations Crown Mountain Coking Coal Project 25
Slide 26: Wildlife and terrestrial studies
2 6 For personal use only • Preliminary Gap Analysis completed in late 2013 • Wildlife species of interest include: bighorn sheep; mountain goat; grizzly; lynx; wolverine, etc. • Winter furbearer work completed in 2014 and 2015 (winter track surveys, remote cameras, and collection of hair samples fo
Slide 27: Geochemistry
2 7 For personal use only Geochemistry • SRK is lead consultant. • Drilling recovered multiple samples of over burden and interburden rock samples for the purpose of geochemical analysis to evaluate the potential for metal leaching and acid rock drainage. • Conceptual spoil and refuse disposal strat
Slide 28: First Nations engagement
2 8 For personal use only • Meetings with Ktunaxa Nation, initiated in 2011, continue (most recently on May 20) • Discussions center on hearing and addressing First Nations concerns regarding the proposed operation. • Intent is to maintain complete transparency with all First Nations groups and welc
Slide 29: Community engagement
2 9 For personal use only • Initial, formal presentations to four nearby community governments in 2015: – Fernie (Feb 23) – Elkview (Feb 23) – Crows Nest Pass (Mar 10) – Sparwood (Mar 30) • Open house sessions to be scheduled for summer/fall. • Site visit to be provided to interested parties summer/
Slide 30: Environmental Assessment next steps
3 0 For personal use only • Valued Components Document under agency review • Consultation plans in development • Draft Application Information Requirements • Initiate Working Group meetings (June) • Continue baseline data collection (with input from Working Group) • Continue engagement with stakehol
Slide 31: Highly Experienced Management Team
Highly Experienced Management Team For personal use only Art Palm – Chief Executive Officer and Chairman CANADA • Mining engineer with 40 years of experience • Engineering, Operations & Executive positions at major US coal producers • Extensive experience designing and managing mines (surface and un
Slide 32: 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 33: Competent Persons Statements
Competent Persons Statements For personal use only Competent Person Statements Mineral Reserves and Pre Feasibility Study Results The information in this presentation relating to the Mineral Reserve Estimate and Pre Feasibility Study Results of the Company’s Crown Mountain Coal Project are extracted
Slide 34: For personal use only
For personal use only