Jameson Resources Limited · ASX:JAL
Jameson Resources — Shareholder Meeting (November 2012)
23 slides from Jameson Resources's shareholder meeting presentation, Nov 29, 2012
Slide 1: AGM Presentation November 2012
For personal use only AGM PRESENTATION NOVEMBER 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 (28 November 2012) A$0.22 Top 20 Shareholders 51% Market Capitalisation A$33m Directors (Fully Diluted) 14% Trading Range (6 month) A$0.21 to A$0.36 Argyle Group 12% Cash A$5.0m 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: 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 7: 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 8: 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 Five coal licenses granted covering an area • of 2,588 hectares Situated in the Elk Valley, British Columbia’s • most prolific coking coal field Teck is current
Slide 9: 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 10: Crown Mountain Project – Exploration Status
Crown Mountain Project – Exploration Status For personal use only Exploration program completed including 40 • reverse circulation holes for 5,707m Significant coal intersections from three major • seams with up to nine individual members indicating potential for an open pit project Section 03N Best
Slide 11: Crown Mountain Project – Cross Sections
Crown Mountain Project – Cross Sections For personal use only Seam 8 11
Slide 12: Crown Mountain – Coal Seam Thickness
Crown Mountain – Coal Seam Thickness For personal use only NORTH BLOCK SOUTH BLOCK SOUTHERN EXTENSION Zone Thickness Zone Thickness Zone Thickness Seam / Interburden Seam / Interburden Seam / Interburden Average (m) Average (m) Average (m) 8 Upper Seam 12.7 Interburden 3.7 8 Middle Seam 4.6 Interbur
Slide 13: Crown Mountain – Preliminary Coal Quality
Crown Mountain – Preliminary Coal Quality For personal use only Preliminary coal quality results show coal has metallurgical properties below the limited oxidised • zone normally associated with coal outcrops Seam 8, a thick seam uppermost in the sequence is showing potential for metallurgical volum
Slide 14: 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 46,000 • hectares of prospective ground Projects along strike from four operating • coal m
Slide 15: Recent M&A Activity in Peace River Coal Field
Recent M&A Activity in Peace River Coal Field For personal use only Anglo American 15
Slide 16: 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 17: 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 and 2012 Staged drilling program with the first
Slide 18: Peace River Projects – Reconnaissance Mapping
Peace River Projects – Reconnaissance Mapping For personal use only Assessment reports in preparation for the geological 2km • mapping undertaken over all Peace River Projects Aug ‐ Sept 2012 Preliminary results show significant section of the coal • bearing Gething Formation outlined within Carbon
Slide 19: Key Milestones - 2012
Key Milestones ‐ 2012 For personal use only Licenses Issued – Crown Mountain Regulatory approvals for exploration program – Crown Mountain Drilling programs with coal quality test work – Crown Mountain Geological mapping and reconnaissance – Peace River Projects Regulatory approval
Slide 20: Summary
Summary For personal use only Canada Exploring for Metallurgical Coal Projects Management Team Opportunities 20
Slide 21: 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 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 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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