Jameson Resources LimitedASX: JAL

Government Issues Additional Coal License For Crown Mountain

· Issued by Jameson Resources Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Jameson Resources Limited has announced the approval of an additional coal license for the Crown Mountain Coking Coal Project by the Chief Gold Commissioner of British Columbia, which is a significant development for the project. This new license is crucial as it includes land for key infrastructure and spoil disposal, eliminating a major project risk. The approval marks the completion of all outstanding applications for the Crown Mountain project, which now has six approved licenses. The company is currently updating its pre-feasibility study, focusing on cost reductions and macroeconomic changes, with completion expected in the first quarter of the following year.

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