Slide 1: Investor Presentation May 2012
For personal use only Investor Presentation May 2012 ASX : JAL
Slide 2: Investment Highlights
Investment Highlights POSITIONED IN WORLD CLASS METALLURGICAL COAL FIELDS For personal use only Jameson has acquired coal projects within Canadas prolific Elk Valley and Peace River coking coal fields SIGNIFICANT DEVELOPMENT EXPERTISE ON BOARD Two highly credentialed coal mining executives : Mr Dav
Slide 3: Corporate Information
Corporate Information ASX : JAL Major Shareholders For personal use only Share Price (23 May 2012) A$0.30 Top 20 Shareholders 59% Market Capitalisation A$47m Directors (Fully Diluted) 14% Trading Range (12 month) A$0.07 to A$0.43 Argyle Group 12% Cash A$7.8m Macquarie Bank Ltd 10% Debt Nil Daily Vol
Slide 4: Management Canadian Coal Executive
Management Canadian Coal Executive David Fawcett Non Executive Chairman For personal use only • 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, Metallu
Slide 5: Highly Experienced Management Team
Highly Experienced Management Team Canada Operations Art Palm Executive Director Operations For personal use only • Mining engineer with 35 years of experience • General Manager/Mine Manager of 5 producing underground coal mines in North America • Extensive experience designing and managing mines
Slide 6: Canadian Advantage
Canadian Advantage World class infrastructure For personal use only which includes: Deep water seaports Railways Quality road networks Ample power Competitive shipping distance to Asia Limited demurrage time compared to Australia Low sovereign risk and a mining friendly jurisdiction
Slide 7: Limited supply of metallurgical coal
For personal use only Limited supply of metallurgical coal Russia 8mt Canada PRINCE RUPERT Europe North Asia 24Mt 24mt 54mt 99mt Mongolia * SEOUL WESTSHORE 29Mt USA China 56mt 27mt TOKYO India SHANGHAI 33mt * Indonesia DALRYMPLE BAY South America 8000km * Mozambique Australia 22mt 141mt NEWCASTLE Ex
Slide 8: Accelerating demand for metallurgical coal
Accelerating demand for metallurgical coal Coking coal consumption CAGR 2000 2010 2010 2020 (index) Coking coal consumption 6% 3% For personal use only 250 Seaborne demand 3% 5% 200 150 100 50 2009 2010 2011F 2012F 2013F 2014F 2015F 2016F 2017F 2018F 2019F 2020F China ROW Source: China Customs, CISA
Slide 9: Growing Global Middle Class
Growing Global Middle Class Global Middle Class1 population increase of 700 million from 1980 to 2009 For personal use only 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 worlds middle class in 20
Slide 10: Global Steel Demand
Global Steel Demand Historical and Forecast Global Steel Demand: For personal use only 2,500 2,000 Requires ~500 million tonnes more coking coal 1,500 1,000 500 0 1980 1990 2000 2010 2020F 2030F Source: Teck Resources 2012,
Slide 11: Overview of Projects
Overview of Projects All projects close to infrastructure in For personal use only coking coal fields responsible for Canadas metallurgical coal exports Crown Mountain Project 90% interest in Project Located in the Elk Valley coal field and close to some of Canadas major operating HCC mines Peace
Slide 12: Crown Mountain Project – Strategic Location
Crown Mountain Project Strategic Location Located in the Elk Valley, British Columbias For personal use only most prolific coking coal field 90% Interest in Project with option to acquire remaining 10% for C$2m BC Ministry of Energy and Mines has approved and issued all five coal licenses Line Cr
Slide 13: Crown Mountain Project – Exploration Status
Crown Mountain Project Exploration Status For personal use only Targeting coking coal seams amenable to open pit mining Historical mapping and drilling has outlined multiple coal seams ranging in thickness up to 7.5m Down hole geophysics show the seams appear to correlate with the No. 8, No.9 and
Slide 14: Crown Mountain Project – Cross Sections
Crown Mountain Project Cross Sections North Crown Mountain North For personal use only South View North Seam 8
Slide 15: Peace River Projects
Peace River Projects 100% ownership of Dunlevy and Nexx For personal use only 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 90km away from the main rail line
Slide 16: Recent M&A activity in Peace River coal field
Recent M&A activity in Peace River coal field Anglo American For personal use only
Slide 17: Dunlevy – Exploration Status
Dunlevy Exploration Status Construction of forestry roads has exposed multiple coal seams up to 3.5m For personal use only Exploration to date has included field reconnaissance and trenching in 2009, and geological mapping in 2011 Coal measures in the southern half of the project occur in a gently
Slide 18: Dunlevy – Geology
Dunlevy Geology For personal use only Dunlevy view to north Dunlevy South
Slide 19: Carbon East – Coal Outcrops
Carbon East Coal Outcrops View to north west For personal use only
Slide 20: Key Milestones 2012
Key Milestones 2012 Licenses Issued Crown Mountain For personal use only Regulatory approvals for exploration programs Drilling and coring programs with coal quality test work Crown Mountain Drilling and coring programs with coal quality test work Dunlevy Geological mapping and reconnaissance Ca
Slide 21: Summary
Summary Canada For personal use only Exploring for Metallurgical Coal Projects Management Team Opportunities
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 22
Slide 23: Disclaimer
Disclaimer This document has been prepared as a summary only, and does not contain all information about the Jameson Resources Limiteds For personal use only (the Company) assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities atta
Slide 24: Competent Persons Statement
Competent Persons Statement 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. Holmes is a full time em