Excitement is growing about Jameson Resources ’ Canadian coal projects in the midst of the junior explorer’s capital raising initiative. The stock surged 15.9 per cent to a 21-month high of 25.5¢ on Monday and is one of the best-performing resources stocks this financial year, with its share price more than tripling. The stock jumped a further 5.8 per cent to 27¢ yesterday. Jameson completed the first tranche of a placement to raise up to $1.3 million and was due to conduct a second tranche following a shareholder vote yesterday. The proceeds will be used to fund development of the Dunlevy, Crown Mountain and Red Earth projects. Jameson claims it is positioned in the world-class metallurgical coalfields of Elk Valley and Peace River, and has hired well-regarded Canadian coal executive David Fawcett. Access to infrastructure also doesn’t appear to be much of an issue given how well-established these fields are.