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JAMESON RESOURCES LIMITED Board/Management Information 2011

Jul 31, 2011

65152_rns_2011-07-31_2b37fc62-df3c-4b35-9470-622143d15611.pdf

Board/Management Information

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APPOINTMENT OF ARTHUR PALM AS DIRECTOR OF OPERATIONS

1 August 2011

ASX RELEASE

JAMESON RESOURCES LTD ACN 126 398 294

Level 2, 79 Hay Street Subiaco , WA , 6008 Phone +61 (8) 9200 4473 Fax +61 (8) 9200 4463

Suite 800, 1199 West Hastings St Vancouver, BCV6E 3TS Phone +1 (604) 687 2038

CONTACT:

JOHN HOLMES Executive Director [email protected]

DAVID PRENTICE

Non Executive Director [email protected]

ART PALM

Executive Director - Operations [email protected]

WEBSITE

Jameson Resources Limited (“ Jameson ” or “ Company ”) is pleased to announce that Mr Arthur Palm, currently a NonExecutive Director of the Company has been appointed Executive Director of Operations. His appointment is effective immediately.

Mr Palm’s immediate focus will be to advance the exploration and development status of the Company’s Crown Mountain Project in Canada.

Mr Palm has 35 years experience including management positions in the coal mining industry. Mr. Palm’s US-based experience includes designing and managing mines (surface and underground) and coal preparation plants. Highlights of his career are:

  • Mr Palm was President and COO at a West Virginia coal operation and was responsible for 3 underground and 2 surface mines, two operating coal preparation plants, and was instrumental in bringing new technology into commercial use to facilitate safer and more productive operations.

  • As the lead underground consultant, he helped design and bring into commercial production BHP Billiton’s large San Juan Underground Mine in New Mexico.

The Board is delighted that a person with Mr Palm’s proven commercial and operational coal experience has remained firmly committed to the Company as it strives to become a coal producer in Western Canada.

Any enquiries regarding this announcement should be directed to Jameson’s Executive Director, John Holmes.

www.jamesonresources.com.au

DIRECTORS:

Jeff Bennett (Non Exec. Chairman) John Holmes (Executive Director) David Prentice (Non Exec.Director) Art Palm (Non Exec.Director)

ASX CODE:

JAL (Fully paid Ordinary Shares)

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John Holmes

The information pertaining to the technical content of this report has been reviewed by Mr John Holmes, who is a member of the Australian Institute of Geoscientists. Mr. Holmes is employed by Jameson Resources Ltd and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the 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. Holmes consents to the inclusion in the report of the technical information in the form and context in which it appears.