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Crown Mountain proves up for Jameson

4th February 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) - Junior Jameson Resources has declared an initial coal resource of 90-million tons at its Crown Mountain project, in British Columbia.

Some 73%, or 66-million tons of the resource was classified in the measured and indicated category, the company said.

“The resource at Crown Mountain has significantly exceeded our expectations, particularly with the newly defined Southern Extension area,” said Jameson MD John Holmes.

“The company is looking forward to progressing to a preliminary economic assessment, targeted for completion by early the second quarter this year, followed by further exploration drilling later this year, which will include several large-diameter drill holes to gain a better definition of coal washability and quality,” he added.

Once more detailed quality information was acquired, and the Southern Extension more fully defined, Jameson would look to start a prefeasibility study, targeted for before the end of the year.

Edited by Creamer Media Reporter

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