Jameson Resources Limited · ASX:JAL
Jameson Resources — Investor Presentation (November 2013)
21 slides from Jameson Resources's investor presentation, Nov 25, 2013
Slide 1: Investor Presentation November 2013
For personal use only INVESTOR PRESENTATION November 2013
Slide 2: Financial Snapshot
Financial Snapshot For personal use only Share Capital Price Volume Chart Share Price (November 5th 2013) A$0.28 Shares Outstanding 171m Market Capitalisation A$46m Trading Range (6 month) A$0.21 to A$0.28 Cash Reserves Cash (November 5th 2013) A$3.4m Options and Exchangeable Shares Options (A$0.15
Slide 3: Highly Experienced Management Team
Highly Experienced Management Team For personal use only 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 CANADA • Awarded the 2012 AMEBC Coal Award for Excellence in Mine Deve
Slide 4: 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 (anthracite) • 11 Mtpa overland exports • No exports • 15 Mtpa seaborne exports • 28 Mtpa s
Slide 5: Strategic Location
Crown Mountain – Strategic Location For personal use only • The Elk Valley and Crowsnest coal fields offers compelling global opportunities for development of a coking coal project • Teck is the world’s second largest seaborne supplier of metallurgical coal, based on its mines in the Elk Valley and
Slide 6: Rail to Port
Crown Mountain – Rail to Port For personal use only No capacity constraints on rail networks and ports currently undergoing expansion RAIL • Common user railway linking southeast BC to deep water ports in Vancouver : distance to port 1,192km • A new rail siding will be constructed adjacent to the ra
Slide 7: Geology and Resources
Crown Mountain – Geology and Resources For personal use only DOMAIN Measured Indicated Meas/Ind Inferred (Mt) (Mt) (Mt) (Mt) North Block 7.9 7.1 15.0 0.0 South Block 51.3 0.0 51.3 0.0 Southern Extension 0.0 0.0 0.0 23.7 TOTAL 59.2Mt 7.1Mt 66.3Mt 23.7Mt 7
Slide 8: Preliminary Economic Assessment
Crown Mountain – Preliminary Economic Assessment • For personal use only Low cost surface mining methods with raw strip ratio of 4.3:1 BCM/tonne which is significantly lower than Teck • Surface mine development will use truck/excavator methods; mining conditions at Crown Mountain will be similar to
Slide 9: Exploration Program 2013
Crown Mountain – Exploration Program 2013 For personal use only • Exploration drilling program to better define coal quality and washability completed ahead of schedule and under budget • Program focused on North and South Blocks and included seven large diameter core holes (150mm) and six reverse c
Slide 10: Laboratory Flow Sheet
Crown Mountain – Laboratory Flow Sheet For personal use only Lab – Receives Apparent Density, SG, Incremental Core Ash, Moisture, Sulphur Sample of Coal and Partings Composite Core Sample & Air Dry SIZE FRACTION DROP SHATTER Dry Screen Analysis @ Dry and Wet Tumbler ANALYSIS TEST 50,25,13,6,2,1,1x0m
Slide 11: Coal Quality North Block
Crown Mountain – Coal Quality North Block • For personal use only Laboratory results from all three large diameter core holes from the North Resource Block have now been received • Washability recovery, which directly correlates to plant yield once adjustments are made for out‐of‐seam dilution and p
Slide 12: Coking Coal Parameters and General Specifications
Coking Coal Parameters and General Specifications For personal use only Coal Quality Parameter General Specs ‐ Global South East BC Total Moisture % (arb) Max 10 8‐9 Ash % (db) Max 10 8.5 ‐ 9.6 Volatile Matter % (db) 17 ‐ 35 21 ‐ 27 Sulphur % (db) < 1 (typ 0.6) 0.35 – 0.75 Fixed Carbon % (db) 55 ‐ 7
Slide 13: 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 scheduled for completion in April 2014 • Hydrologic studies, including the installation of several down‐hole
Slide 14: 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 – LDC & RC Drilling program Coal Quality Testwork Pre‐Feasibility Study Project Description / Terms of Reference EA / Permitting Fe
Slide 15: 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 30,203 hectares of prospective ground • Projects along strike from operating coal mines
Slide 16: Dunlevy – Approvals and Work Program Update
Dunlevy – Approvals and Work Program Update • 8,300ha under review by regulators with large additional For personal use only area to remain under application • Ministry of Mines has made significant steps towards granting tenure and the Notice of Work which includes up to 34 drill sites • Initial pr
Slide 17: Metallurgical Coal – Market Update
Metallurgical Coal – Market Update For personal use only • Current metallurgical coal prices are not sufficient to Hard Coking Coal Price Forecasts ¹ meet current costs. Approximately 20% of global 220.0 Range of Street Estimates production is currently uneconomic 210.0 Consensus 200.0 Wood Mackenzi
Slide 18: 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 19: For personal use only
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 20: 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 21: 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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