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Pacific Booker Minerals Inc V.BKM

Alternate Symbol(s):  PBMLF

Pacific Booker Minerals Inc. is a Canada-based natural resource exploration company. The Company's principal business activity is the exploration of its mineral property interests, with its principal mineral property interests located in Canada. The Company is in the advanced stage of exploration of the Morrison deposit, a porphyry copper/gold/molybdenum ore body, located approximately 35 kilometers (km) north of Granisle, British Columbia and situated within the Babine Lake Porphyry Copper Belt. It has a 100% interest in certain mineral claims located contiguous to the Morrison claims. The Company is proposing an open-pit mining and milling operation for the production of copper/gold/silver concentrate and molybdenum concentrate. It is located within 29 km of two former producing copper mines, Bell and Granisle. The Company also holds a 100% interest in certain mineral claims located in the Omineca District of the Province of British Columbia.


TSXV:BKM - Post by User

Post by ybacuoon Aug 07, 2020 11:18pm
299 Views
Post# 31381996

Extension Order Details

Extension Order Details
Extension order details are given at:
 
https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/notices-mineral-placer-titles/information-updates/info-sheet-time-extension-order-april22020.pdf
 
Pay particular attention to the Note regarding Mining and Placer Leases:
 
"Mining & Placer Leases
• For mining and placer leases, the annual rental is normally due on the anniversary date of the
lease.
• The time limit to pay annual lease rental for 2020 and 2021 is extended to December 31, 2021.
 
Note: If the term of a mining or placer lease is due to expire in 2020 or 2021, you are still required to register an application to extend the term of the lease, using Mineral Titles Online Registry, before the term expiry date of the lease if you want the lease to continue. The extension order does not change the term of a lease and does not extend the term expiry date".
 
BKM claims 625123, 625143 and 625183 were converted to a one year lease and ceased to exist. The lease then lapsed. Did BKM apply to extend the term of the lease before the term expiry date? JB and AK, the new claim holders, still hold claim 1077644 at this time. 
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