Jameson’s Canadian subsidiary, NWP Coal Canada Limited (‘NWP’)
is developing the Crown Mountain Coking Coal Project
in the Elk Valley, British Columbia. The Property is approximately 11km south of Line Creek and 8km North of Elkview belonging to Teck Resources. In July 2020 a Bankable Feasibility Study (‘BFS’) was released on the Crown Mountain Coking Coal Project which is expected to produce an average of 86% Coking Coal (‘HCC’) and 14% Pulverised Coal Injection (‘PCI’) over the life of mine which is currently 15 years. BFS production averages 1.7 million clean tonnes of coal per year and over the life of mine, will be mined from three open pits – North, East and South pit. The Project is proximate to existing infrastructure, roads and common user rail (Canadian Pacific) with clean coal railed to one of three Canadian west coast ports. Application for an Environmental Assessment (EA) Certificate on target for submittal in June quarter 2021. See the Crown Mountain Coking Coal Bankable Feasibility Study.