Welcome to our dedicated page for PACIFIC BOOKER MINERALS news (Ticker: PBMLF), a resource for investors and traders seeking the latest updates and insights on PACIFIC BOOKER MINERALS stock.
Pacific Booker Minerals Inc. (PBMLF) is a mineral exploration company based in Vancouver, British Columbia. The company focuses on exploring and developing mineral properties, particularly copper, gold, and molybdenum. Pacific Booker Minerals has been involved in the Morrison Project since 1997, with efforts to bring it into production for significant economic benefits. Despite challenges with the Lake Babine Nation's leadership and BC Environmental Assessment Office, Pacific Booker Minerals remains committed to its mission. The company's recent financial statements and management discussions reflect its dedication to transparency and accountability. Through ongoing initiatives and strategic planning, Pacific Booker Minerals continues to strive for operational excellence and sustainable growth.
Pacific Booker Minerals (TSXV: BKM) (OTC Pink: PBMLF) has received a report analyzing the presence of Critical Minerals in the Morrison project's assays. The analysis, conducted on core samples from 1998 re-drilling, revealed seven critical minerals: Chromium (53-235 ppm), Gallium (5-23 ppm), Magnesium (0.52-2.65%), Manganese (170->10,000 ppm), Molybdenum (1-203 ppm), Scandium (3-12 ppm), and Vanadium (44-119 ppm). The company notes that no work has been done to determine if these elements are commercially recoverable or add significant value to the orebody.
Pacific Booker Minerals (TSXV: BKM, OTC Pink: PBMLF) has announced its intention to seek legal recourse following ignored attempts to meet with the Lake Babine Nation (LBN). The BC Environmental Assessment Office has stated that without LBN support, PBM's new application for their Morrison Project will not be considered. The company has invested $43 million since 1997 on this project, aimed at mining copper, gold, and molybdenum. An MOU signed with LBN in 2012 was later repudiated, despite PBM meeting all environmental assessment criteria. After repeated rejections and a quashed decision by the BC Supreme Court, PBM must now explore legal options to proceed with the project.