INVESTOR PRESENTATIONJuly 2013 

AN EMERGING CANADIANCOKING COAL PRODUCERF

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Investment Highlights

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targeted production rate, assuming a 60% plant yield

within the mine plan, supporting a 24 year mine life

hard coking coal estimated to be within the clean coal product mix 

raw coal strip ratio

from the Canadian Pacific railway connecting to two deep water ports in Vancouver

PEA CONFIRMS ROBUST ECONOMICS FOR CROWN MOUNTAIN

14km

4.3:1

90%

1.9Mtpa

76Mt

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Financial Snapshot

Share Capital

Share Price (3 July 2013) A$0.23

Shares Outstanding 159m

Market Capitalisation A$36m

Trading Range (6 month) A$0.21 to A$0.35

Cash Reserves

Cash  (31 March 2013) A$3.6m

Options and Exchangeable Shares

Options  (0.15c exercise price) 9.3m

Exchangeable Shares (Dunlevy/Nexx) 20.0m

Directors Performance Shares  7.8m

Ownership

Top 20 Shareholders 50.0%

Directors (Fully Diluted) 14.0%

Macquarie (Metals and Energy) 9.5%

Resources and Reserves

Reserves ‐

Resources ‐ Measured & Indicated  66m tonnes

Resources ‐ Total 90m tonnes

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Price Volume Chart

Australian Coking Coal Sector – EV/Resource Tonne

Source Company Filings: Quarterly reports, 31 March 2013

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Highly Experienced Management Team

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OPERATIONS

David Fawcett ‐ Chairman• Mining engineer with over 35 years coal experience in western Canada• Proven track record for initiating and advancing new coal mine development • Awarded the 2012 AMEBC Coal Award for Excellence in Mine Development in the 

Peace River coal fields

Art Palm ‐ Executive Director, Operations• Mining engineer with over 35 years of experience • Engineering, Operations & Executive positions at major US coal producers• Extensive experience designing and managing mines (surface and underground) 

and coal preparation plants

CORPORATE

John Holmes ‐Managing Director  • Geologist with 25 years experience in exploration & project management• Significant commercial & technical experience western Canadian coal sector• Founding Director of Jameson Resources Ltd  

David Prentice ‐ Non‐Executive DirectorJeff Bennett ‐ Non‐Executive DirectorSuzie Foreman ‐ Company Secretary

CANAD

AAU

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MONGOLIA• ASX Companies: AKM, GUF• 11 Mtpa overland exports• Captured by Chinese customers

KYRGYZ REPUBLIC• ASX Companies: CLA• No exports• Captured by Chinese customers

WESTERN CANADA• ASX Companies: JAL, ATU• 28 Mtpa seaborne exports• Established infrastructure

CHINA• ASX Companies: None• Net imported

AUSTRALIA • ASX Companies: ALR, AJC• 132 Mtpa seaborne exports• Established infrastructure• Changing fiscal environment

INDONESIA• ASX Companies: CKA• No seaborne exports• Heightened sovereign risk

SOUTH AFRICA• ASX Companies: CZA, UNV, ZYL• No exports• Heightened sovereign risk• Infrastructure constrained

Few Coking Coal Basins have Export Potential

RUSSIA• ASX Companies: TIG• 15 Mtpa seaborne exports• Heightened sovereign risk

USA• ASX Companies: AYA• 66 Mtpa seaborne exports• Established infrastructure

COLUMBIA• ASX Companies: AZQ• No seaborne exports

MOZAMBIQUE• ASX Companies: None• 2 Mtpa of seaborne exports• Logistics solution uncertain

BasinCoking CoalEnd User

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World’s Most Profitable Coal Basins

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Source Company Filings:   Information in CY12 metallurgical coal supply, selected Seaborne Suppliers1. BHP Presentation 29/05/2013 – “Coal Briefing and Queensland Coal Site Tour”2. Presented on a 100% basis except Angelo American which is presented on an equity basis, some thermal 

coal.  Some producers converted from short tonnes to metric tonnes.

• The Elk Valley and Crowsnest coal fields offer one of the most compelling global opportunities to develop a coking coal project

• Low risk jurisdiction with well‐established rail and port infrastructure

• Operating cost structures in Canada have   become much more attractive than in Australia: 2012 unit costs were c.US$168/t for BHP vsUS$108/t for Teck

• Western Canada viewed as a diversified alternate supplier to Australia with a competitive shipping distance to the Asian market

• Established workforces and local communities that support mining

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Crown Mountain  – Strategic Location

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• Teck is the world’s second largest seaborne supplier of metallurgical coal, based on its mines in the Elk Valley and Crowsnest coal fields

• During Q1 2013, Teck produced 6.2Mtfrom its five coking coal operations at FOB cost of C$83/t

• Jameson’s Crown Mountain project is one of the most advanced development assets in the region, with a positive PEA completed in April 2013

• Located only 14km by road from the main CP rail connecting to the deep water ports at Vancouver

• Project includes five coal licenses covering an area of 2,588 hectaresF

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Crown Mountain  – 90Mt Resource

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DOMAIN Measured  (Mt)

Indicated  (Mt)

Meas/Ind(Mt)

Inferred  (Mt)

North Block 7.9 7.1 15.0 0.0South Block 51.3 0.0 51.3 0.0Southern Extension 0.0 0.0 0.0 23.7TOTAL 59.2Mt 7.1Mt 66.3Mt 23.7Mt

• Maiden open pit coal resource of 90Mt reported in February 2013

• 66Mt or 73% of the resource is in the Measured & Indicated category

• Seven major seams ranging in thickness up to 12.5m and within 200m of surface

• Based on 40 RC holes (2012), 18 holes (historic), trenching and mapping data

• Low overall average raw strip ratio of 4.3:1 (BCM:t)

• Minimum minable seam thickness of 0.5m

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Crown Mountain  – Preliminary Economic Assessment

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PEA ‐ Key Attributes

Resource ‐ TOTAL 90 MtRecoverable Raw tonnes 76 MtStrip Ratio (Raw Coal) 4.3:1Production Capacity 1.3 to 1.9 MtpaPotential Mine Life 24 yearsExpected coal quality 90% high quality cokingCAPEX Range $109M to $284MYield Case 40% 50% 60%Operating Costs (FOB) $139 $120 $108Project NPV10 $233M $544M $854MProject IRR 21% 32% 41%

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Crown Mountain  – Rail to Port

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No capacity constraints on rail networks and ports currently undergoing expansion

RAIL

• Crown Mountain located 14km by road to the Canadian Pacific rail line

• Common user railway linking southeast BC to deep water ports in Vancouver

• A new rail siding will be constructed adjacent to the rail that services three of Teck’s coal mine operations located further to the north

• Norwest has estimated a rail and port cost of $40/cmtfor all coal moved through Westshore Terminals

PORTS

• Westshore terminals currently expanding to 33Mtpa. Shipped 26Mt in 2012

• Neptune Terminal also undergoing expansion to 9 to 18.5Mtpa.  Teck has a controlling interest 

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Crown Mountain  – Mine Advance

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• Low cost surface mining methods with raw strip ratio of 4.3:1 which is significantly lower than Teck

• Surface mine development will use the truck/excavator method.  Mining conditions at Crown Mountain will be similar to those at the nearby mines

• Plant situated adjacent to mine site to allow for low trucking cost and low refuse disposal cost

• Environmentally friendly spoil and plant refuse disposal methods being evaluated

• Clean coal stockpile and unit train load‐out situated along existing rail just 14km from site

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Crown Mountain  – North Block

Seam 8

12

Seam Name North Block      Average Thickness (m)

8 Upper 12.478 Middle 4.278 Lower 3.749 4.6810 Upper 7.5610 Middle 1.0810 Lower 1.52Combined Average 35.32

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Crown Mountain  – South Block

Seam 8

13

Seam Name South Block Average Thickness (m)

8 Upper8 Middle8 Lower 3.309 3.0610 Upper 3.0910 Middle 3.9710 Lower 1.62Combined Average 15.04

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Crown Mountain  – Southern Extension

Seam 8

14

Seam Name Southern Extension      Average Thickness (m)

8 Upper8 Middle8 Lower9 10.1010 Upper 3.2910 Middle 1.4010 LowerCombined Average 14.79

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Crown Mountain  – Timeline

ACTIVITY 2013 2014 2015

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Resource Estimate

Preliminary Economic Assessment

Exploration ‐ Drilling & Coal Quality Testwork

Pre‐Feasibility Study

EA / Permitting

Feasibility including Drilling & Detailed Engineering

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Crown Mountain  – Exploration Status

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• Exploration approval (Notice of Work) for the mid‐2013 field season was issued in May 2013

• Exploration activities are designed to better define coal quality and washability (2012 program was designed to determine the extent and nature of the resource) as a follow‐up to the 40 reverse circulation holes drilled in 2012

• Exploration program will include 5 large diameter core holes and up to 8 reverse circulation holes

• Coal quality test work including washability will be undertaken to determine plant yield and understand coking characteristics

• Baseline environmental field work continuing through the year

• Site preparation underway with drilling scheduled to commence in August 2013F

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Exciting Portfolio of Metallurgical Coal Assets

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• Jameson has an exciting portfolio of metallurgical assets throughout Western Canada providing a highly compelling investment opportunity in the global coking coal sector

• Hard coking coal is a geologically scarce commodity and the majority of well‐endowed regions suffer from inadequate rail and port infrastructure or heightened sovereign risk

• All projects are in close proximity to under‐utilised infrastructure and established workforces that support mining

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Peace River Projects – Strategic Location

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• 100% ownership of Dunlevy, Carbon East, Peace Reach and Graham River projects within the Peace River coal field

• Coal license applications cover 26,700 hectares of prospective ground

• Projects along strike from operating coal mines and a number of resource projects under review for development

• Potential for significant coal resources at Dunlevy with simple geology relative to existing mines

• Low cost transportation route to CN rail line via barge down Williston Lake to Mackenzie

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Dunlevy – Exploration Status

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The information in this report that relates to an Exploration Target, Exploration Results, Mineral Resources or OreReserves on the Dunlevy Project is based on information compiled by Mr. Ken MacDonald P.Geo., who is a Memberof a Recognised Overseas Professional Organisation (ROPO) included in a list promulgated by the ASX from time totime being the Association of Professional Engineers and Geoscientists of British Columbia. Mr. MacDonald hassufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and tothe activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. MacDonaldconsents to the inclusion in the ASX Announcement of the matters based on his information in the form and contextin which it appears.

• Exploration at Dunlevy, Jameson’s key Peace River Project, has resulted in the identification of several coal seams ranging in thickness up to 3.5m

• Initial priority exploration target identified by an independent third party of at least 100 to 150 million tonnes of potential metallurgical coal based on only one seam

• Inaugural drilling program includes 6‐8 holes and will aim to establish number of seams, seam thickness and coal quality within the 8km x 4km priority target area

• Notice of Work application includes up to 35 holes that will allow fast tracking of a second phase of drilling following the initial program 

• Ministry of Mines has made significant steps towards granting Dunlevy tenure and the Notice of Work with approvals now expected to be issued early Q3

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Summary

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POSITIONED IN WORLD CLASS METALLURGICAL FIELDS

PROXIMAL TO INFRASTRUCTURE

Jameson is a pure coking coal Company and owns coal projects within Canada’s prolific Elk Valley and Peace River coking coal fields

Quality projects located proximal to road network and an extensive rail system linking to three well established and expanding deep water coal ports    

POSITIONED FOR SUCCESS

90 million tonne Resource at Crown Mountain with results from Preliminary Economic Assessment confirming potential robust economics

100‐150 million tonne Exploration Target outlined at Dunlevy with exploration drilling anticipated to commence following regulatory approvals

SIGNIFICANT DEVELOPMENT  EXPERTISE ON BOARD

Two highly credentialed coal mining executives on the Board with proven track record of development and operational expertise    

INCREASING DEMANDMetallurgical coal prices positioned for recovery with increasing demand from Asia, inadequate infrastructure and higher investment risk in emerging regions

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www.jamesonresources.com.auAUSTRALIAN OFFICE (Corporate)Level 2, 79 Hay StreetSubiaco, WA 6008T: +61 (8) 9200 4473E: admin@jamesonresources.com.au

CANADIAN OFFICESuite 800, 1199 West Hastings StreetVancouver, BC V6E 3 T5T: +1 (604) 629‐8605F

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Disclaimer

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This document has been prepared as a summary only, and does not contain all information about the Jameson Resources Limited’s (the “Company”)assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attaching to the Company’s securities.This document should be read in conjunction with any public announcements and reports (including financial reports , third party studies and disclosuredocuments) released by the Company. The securities issued by the Company are considered speculative and there is no guarantee that they will make areturn on the capital invested, that dividends will be paid on the Shares or that there will be an increase in the value of the Shares in the future.

Further details on risk factors associated with the Company’s operations and its securities are contained in the Company’s prospectuses and other relevantannouncements to the Australian Stock Exchange.

Some of the statements contained in this release are forward‐looking statements. Forward looking statements include but are not limited to, statementsconcerning estimates of coal tonnages, expected costs, statements relating to the continued advancement of the Company’s projects and otherstatements which are not historical facts. When used in this document, and on other published information of the Company, the words such as “aim”,“could”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressions are forward‐looking statements.

Although the company believes that its expectations reflected in the forward‐looking statements are reasonable, such statements involve risk anduncertainties and no assurance can be given that actual results will be consistent with these forward‐looking statements. Various factors could causeactual results to differ from these forward‐looking statements include the potential that the Company’s projects may experience technical, geological,metallurgical and mechanical problems, changes in product prices and other risks not anticipated by the Company or disclosed in the Company’spublishedmaterial.

The Company does not purport to give financial or investment advice. No account has been taken of the objectives, financial situation or needs of anyrecipient of this document. Recipients of this document should carefully consider whether the securities issued by the Company are an appropriateinvestment for them in light of their personal circumstances, including their financial and taxation position.

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Competent Persons Statements

The information in this presentation that relates to an Exploration Target (as defined under Section 18 of the JORC code), Exploration Results, MineralResources or Ore Reserves on the Dunlevy Project is based on information compiled by Mr. Ken MacDonald P.Geo., who is a Member of a RecognisedOverseas Professional Organisation (ROPO) included in a list promulgated by the ASX from time to time being the Association of Professional Engineersand Geoscientists of British Columbia. Mr. MacDonald has sufficient experience which is relevant to the style of mineralisation and type of deposit underconsideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code forReporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. MacDonald consents to the inclusion in the presentation of the matters basedon his information in the form and context in which it appears.

The information in this presentation that relates to the yet to be completed preliminary economic assessment is based on information compiled by Mr.Keith Wilson P. Eng., who is a Member of a Recognised Overseas Professional Organisation (ROPO) included in a list promulgated by the ASX from time totime, being the Association of Professional Engineers and Geoscientists of British Columbia. Mr. Wilson is an Independent Consultant [OR/ an employee ofNorwest Corporation] and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to theactivity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of ExplorationResults, Mineral Resources and Ore Reserves’. Mr Wilson consents to the inclusion in the document of the matters based on his (or her) information in theform and context in which it appears.

The information in this presentation that relates to the Mineral Resources is based on information compiled by Mr. Geoff Jordan P.Geo., who is a Memberof a Recognised Overseas Professional Organisation (ROPO) included in a list promulgated by the ASX from time to time, being the Association ofProfessional Engineers and Geoscientists of British Columbia. Mr. Jordan is an Independent Consultant [OR/ an employee of Norwest Corporation] and hassufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking toqualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and OreReserves’. Mr Jordan consents to the inclusion in the document of the matters based on his (or her) information in the form and context in which itappears.

The information in this to which this statement is attached that relates to exploration results is based on information compiled by Mr John Holmes, who isa member of the Australian Institute of Geoscientists. Mr. Holmes is a full time employee of Jameson Resources Ltd and has sufficient experience which isrelevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a CompetentPerson as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Holmesconsents to the inclusion in the ASX Announcement of the matters based on his information in the form and context in which it appears.

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