Overview of Jameson Resources Limited's quarterly activities report

Jameson Resources Limited (ASX: $JAL) has made significant progress in advancing the environmental approvals and permitting for the Crown Mountain Hard Coking Coal Project in British Columbia, Canada. The company reported no recordable injuries at its projects and licenses during the quarter ending on 31 March 2024. With a focus on delivering sustainable outcomes, Jameson is committed to being an Environmental, Social and Governance (ESG) leader among steelmaking coal developers and operators.

Executive commentary on environmental assessment and indigenous engagement

Jameson is pleased with the progress made during the quarter, particularly in the environmental assessment and engagement with Indigenous Nations. The completion of the Environmental Impact Statement and Environmental Assessment Application (EIS/A) for the Crown Mountain Project marks a significant milestone, positioning the project as the most advanced steelmaking development coal project in Canada. We are committed to engaging with regulators, indigenous nations, and all stakeholders to ensure a thorough and transparent assessment process. The close engagement with Yaqit ?a-knuqti 'it First Nation and the landmark Environmental Assessment Process and Consent Agreement demonstrate our dedication to building respectful partnerships and upholding the United Nations Declaration on the Rights of Indigenous Persons.

Summary of quarterly activities and outlook

Jameson Resources has focused on advancing the environmental approvals and permitting for the Crown Mountain Hard Coking Coal Project in Canada. The completion of the EIS/A demonstrates the project's potential to set a new standard for steelmaking coal projects with reduced environmental impact. The company is on track for the forecast timing of obtaining approval of the Environmental Assessment and associated mine permits in the second half of 2025. Jameson continues to consider potential merger and acquisition opportunities to add substantial value to the company, aligning with the market demand for new quality steelmaking coal projects. With no recordable injuries reported and a strong focus on sustainable mining, Jameson remains committed to delivering sustainable outcomes and engaging with all stakeholders for the successful development of its projects.