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Jameson Resources Limited (ASX:JAL)

ALERT: Price-sensitive ASX Announcement for JAL
Current share price for JAL : $0.045 -0.04 (-47.06%)+
Announcement
Release
30 Jul 2025 3:20PM
Price at Release
$0.085
Full Release
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Summary
Jameson Resources Limited released its Quarterly Activities and Appendix 5B Cash Flow Report for the period ending 31 March 2022. The report provides an update on the company's flagship Crown Mountain Hard Coking Coal Project in British Columbia, Canada, including progress on the Environmental Assessment process and Bankable Feasibility Study. It details expenditure related to project development, permitting, and engagement with Indigenous groups, as well as other corporate activities during the quarter. The cash flow report highlights operational expenditures, financing activities, and the company’s cash balance at the end of the quarter.
Key Points
  • Crown Mountain Hard Coking Coal Project is the company’s primary focus.
  • Environmental Assessment process continued, with the Application Information Requirements approved.
  • Bankable Feasibility Study work advanced, with key contractors engaged.
  • Engagement with Indigenous Nations and stakeholders progressed.
  • Expenditure centered on environmental studies, permitting, and feasibility activities.
  • Corporate activities included board and management updates.
  • Cash outflows for project and corporate costs detailed in Appendix 5B.
  • No production or development revenue was received during the quarter.
  • The company had a cash balance of A$5.3 million at the end of the quarter.
  • No mining or exploration activities were conducted at other projects during this period.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.