Jameson Resources holds a 90% interest in the Crown Mountain Project which is located in the prolific Elk Valley coal field in south eastern British Columbia.
The Project is located in the Elk Valley coal field and adjacent to the Crows Nest coal field. Together, these coal fields are home to five of Canada's twenty three producing coal mines. These coal mines produce over 21 million tonnes per annum of export quality metallurgical and thermal coal, over 70% of Canada's total coal exports annually, making the Elk Valley coal field the most fertile in the nation.
The Project sits in the heart of this lucrative production hub within 20km of two significant metallurgical coal mines, Line Creek which is 12km to the north, and Elkview which is 8km to the southwest. The Project includes five coal licenses (418150, 418151, 418152, 418153 and 418154) and one coal licence application (418430) covering an area of 3,563 hectares.
Exploration activities undertaken in 2012 resulted in the definition of a total open pit coal resource of 90M tonnes at Crown Mountain. A Preliminary Economic Assessment has confirmed potential robust economics for a low cost metallurgical coal mining operation.