Jameson Resources Limited · ASX:JAL
Jameson Resources — Investor Presentation (May 2013)
26 slides from Jameson Resources's investor presentation, May 2013
Slide 1: Investor Presentation May 2013
INVESTOR PRESENTATION May 2013
Slide 2: Investment Highlights
Investment Highlights 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 metallurgical coal fields SIGNIFICANT DEVELOPMENT EXPERTISE ON BOARD Two highly credentialed coal mining
Slide 3: Financial Snapshot
Financial Snapshot Capital Structure Price Volume Chart Share Capital Volume Close 0.40 2,000 Share Price (6 May 2013) A$0.28 0.35 Volume (Thousands) Share Price (A$) Shares Outstanding 159m 0.30 1,500 Market Capitalisation A$45m 0.25 0.20 1,000 Trading Range (6 month) A$0.21 to A$0.36 0.15 Cash Res
Slide 4: Highly Experienced Management Team
Highly Experienced Management Team OPERATIONS David Fawcett ‐ Chairman • Mining engineer with over 35 years coal experience in western Canada CANADA • Proven track record for initiating and advancing new coal mine development • Awarded the 2012 AMEBC Coal Award for Excellence in Mine Development in
Slide 5: Few Coking Coal Basins have Export Potential
Few Coking Coal Basins have Export Potential MONGOLIA KYRGYZ REPUBLIC RUSSIA WESTERN CANADA • ASX Companies: AKM, GUF • ASX Companies: CLA • ASX Companies: TIG • ASX Companies: JAL, ATU • 11 Mtpa overland exports • No exports • 15 Mtpa seaborne exports • 28 Mtpa seaborne exports • Captured by Chines
Slide 6: Exposure to High Growth Asian Markets
Exposure to High Growth Asian Markets Attractive Market Outlook Top 5 Countries by Met Coal Demand (Mt) • High growth in demand driven by developing 2005 countries Japan South Korea India Brazil Italy • Emerging coal basins facing severe infrastructure Present challenges • Established coal producing
Slide 7: World Class Infrastructure
World Class Infrastructure No capacity constraints on rail networks and ports currently undergoing expansion RAIL • Canadian Pacific • Common user railway. • Customers include Teck Resources • Links southeast BC to deep water ports in Vancouver • Canadian National • Common user railway. • Customers
Slide 8: Overview of Projects
Overview of Projects 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 PEACE RIVER PROJECTS • 1
Slide 9: Project Highlights
Project Highlights CROWN MOUNTAIN – ELK VALLEY COAL FIELD (90% Interest) • Crown Mountain Preliminary Economic Assessment confirms Potential Robust Economics • Indicative pre‐tax NPV10 of US$845M, US$544M and US$233M at 60%, 50% and 40% plant yields respectively • Mine plan encompasses 76M tonnes of
Slide 10: Crown Mountain Project – Strategic Location
Crown Mountain Project – Strategic Location • Located in the Elk Valley, British Columbia’s most prolific coking coal field • Jameson has 90% ownership with option to acquire remaining 10% for C$2m • Five coal licenses granted covering an area of 2,588 hectares • Teck is currently producing 24Mtpa i
Slide 11: Crown Mountain Project – Key Success Factors
Crown Mountain Project – Key Success Factors Mining Seven major coking coal seams delineated which are amenable to open‐pit mining at low strip ratios Quality Coal seams currently being mined at Teck’s Line Creek HCC operation located just 12km to the Crown Mountain north are the source of some
Slide 12: Crown Mountain Project – 90Mt Resource
Crown Mountain Project – 90Mt Resource 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 0.0 0.0 0.0 23.7 Extension TOTAL 59.2Mt 7.1Mt 66.3Mt 23.7Mt • Total open pit coal resource of 90Mt • Based on 40 RC holes (2012),
Slide 13: Crown Mountain Project – North Block
Crown Mountain Project – North Block North Block Seam Name Average Thickness (m) 8 Upper 12.47 8 Middle 4.27 8 Lower 3.74 9 4.68 10 Upper 7.56 10 Middle 1.08 10 Lower 1.52 Seam 8 Combined Average 35.32 13
Slide 14: Crown Mountain Project – South Block
Crown Mountain Project – South Block South Block Seam Name Average Thickness (m) 8 Upper 8 Middle 8 Lower 3.30 9 3.06 10 Upper 3.09 10 Middle 3.97 10 Lower 1.62 Seam 8 Combined Average 15.04 14
Slide 15: Crown Mountain Project – Southern Extension
Crown Mountain Project – Southern Extension Southern Extension Seam Name Average Thickness (m) 8 Upper 8 Middle 8 Lower 9 10.10 10 Upper 3.29 10 Middle 1.40 10 Lower Seam 8 Combined Average 14.79 15
Slide 16: Crown Mountain – Preliminary Coal Quality
Crown Mountain – Preliminary Coal Quality • Majority of Crown Mountain coal expected to be of a metallurgical quality similar to the coking coals shipped from the Elk Valley • Coal seams currently being mined at Teck’s Line Creek HCC operation located just 12km to the north are the source of some of
Slide 17: Crown Mountain Project – PEA
Crown Mountain Project – PEA • Indicative pre‐tax NPV10 of US$845M, US$544M and US$233M at 60%, 50% and 40% plant yields respectively • Mine plan encompasses 76M tonnes (84% conversion) of the 90M tonne resource, which supports a potential mine life of 24 years at 1.3 to 1.9Mtpa • Low overall averag
Slide 18: Peace River Projects – Strategic Location
Peace River Projects – Strategic Location • 100% ownership of Dunlevy, Carbon East, Peace Reach and Graham River projects within the Peace River coal field • Coal license applications cover large area of prospective ground • Projects along strike from four operating coal mines and a number of resour
Slide 19: Dunlevy – Key Success Factors
Dunlevy – Key Success Factors Mining Potential for significant resources, with simple geology relative to existing mines Dunlevy Coal measures in the project occur in a gently Carbon East dipping syncline with the western limb extending Peace Reach over some 10km x 4km Processing Coal interprete
Slide 20: Dunlevy – Exploration Status
Dunlevy – Exploration Status • Exploration to date has included field reconnaissance and trenching in 2009, and geological mapping in 2011 and 2012 • Initial priority exploration target of at least 100 to 150 million tonnes of potential metallurgical coal has been identified within the Dunlevy proje
Slide 21: M&A Activity in Peace River Coal Field
M&A Activity in Peace River Coal Field 21
Slide 22: Project Milestones – 2013
Project Milestones – 2013 Crown Mountain Project Resource Estimate Q1‐13 Positive early stage scoping study results Q1‐13 Preliminary Economic Assessment Q2‐13 Coal Quality and Drilling Program Q3‐13 Pre Feasibility Study Commences Q4‐13 Dunlevy Project Regulatory Approvals Q2‐13 Drilling Prog
Slide 23: Summary
Summary 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 quality road network and an extensive rail system PROXIMAL TO INFRASTUCTURE
Slide 24: www.jamesonresources.com.au
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 25: Disclaimer
Disclaimer 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 attaching to the Company’s
Slide 26: Competent Persons Statements
Competent Persons Statements 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 MacDonald P.Geo., who is a