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Jameson Resources Ltd. (ASX:JAL) announced that Norwest Corp. has reviewed coal quality results from its Crown Mountain coking coal project and believes the product there “will compare favorably with the best hard coking coals in Canada.”
Jameson Resources Ltd. (ASX:JAL) announced that Norwest Corp. has reviewed coal quality results from its Crown Mountain coking coal project and believes the product there “will compare favorably with the best hard coking coals in Canada.”
As quoted in the press release:
In the process of executing the PFS, Norwest updated the project’s resource model by incorporating results from the 2013 drilling program. Measured and Indicated resources increased by 8.6 million tonnes, from 66.3 to 74.9 million tonnes. The amount of Inferred resource remains at 23.7 million tonnes, as the Southern Extension was not explored in 2013.
The re-estimation of the Crown Mountain resource tonnage, along with coal quality results indicating hard coking coal, will be followed over the next few months by completion of the PFS and a new Technical Report, now in progress.
In the interim, Jameson continues collecting the data required to initiate the Environmental Assessment process.
Click here to read the full Jameson Resources Ltd. (ASX:JAL) press release.