Jameson Resources Limited confirmed that the Environmental Authority (EA) Application for the Crown Mountain Hard Coking Coal Project (the Project) has been submitted to the Impact Assessment Agency of Canada (IAAC) for review. The finalisation of the EA Application for submission is the culmination of more than four years of detailed data collection and intensive technical evaluation to assess the potential and cumulative effects on the local and regional environment that may result from the development, operation, closure and rehabilitation of the Project. The EA Application has concluded that the Project provides substantial employment, community development and economic benefits to the local, regional, Provincial and Federal economies and that any potential adverse environmental impacts can be eliminated, mitigated or offset.

The Project is being jointly assessed by Provincial and Federal Regulators and the EA Application has been developed to meet the comprehensive requirements detailed in Application Information Requirements issued by the British Columbia Environmental Assessment Office (EAO) and the EIS Guidelines issued by IAAC. Following submission of the EA, the Application will be subject to a Completeness Review by IAAC prior to the commencement of a public comment period and technical review by EAO and IAAC, First Nations groups and other key stakeholders. The duration of the assessment and review process is dependent upon the extent of any subsequent Information Requests and ongoing engagement with stakeholders.

Jameson is committed to being an ESG Leader among steelmaking coal developers and that commitment includes ensuring a thorough transparent assessment process and deep engagement with Regulators and stakeholders. Following submission of the EA Application, Jameson will continue to undertake extensive engagement with Indigenous Nations groups, municipal, regional, Provincial and Federal Government representatives, regional community, recreational groups and other stakeholders.