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Pacific Booker Minerals Inc V.BKM

Alternate Symbol(s):  PBMLF

Pacific Booker Minerals Inc. is a Canadian 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, BC 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 is in the design stage of the exploration and evaluation of the Morrison property.


TSXV:BKM - Post by User

Comment by BKMforthewinon Apr 22, 2021 10:37pm
238 Views
Post# 33053299

RE:Sent a letter to John Rustad

RE:Sent a letter to John Rustad

Here is a summary of our discussion:
- NDP will never approve without LBN approval.
- If there is a leadership change, and its conducive to working with LBN, then there may be a few options; 
  - possibly redesign the tailing with full sign off from LBN,
  - consideration of a dry stack option of tailings, if feasible.
  - third, most complicated, would involve LBN as partner, or owner, and make deal with PBM as operating partner.

None of these options can happen without the right people involved from all groups, and PBMs original approach may have made internal LBN political dealing to difficult to overcome.
The major fear is the long term impact on the Morrison, as the science is not clear on the long term impact. The past mining legacies have heightened this awareness.
There may be other solutions, but they have not been brought forward.
 

This is a summary, if you would like to discuss further, Please reach out to John Rustad, or John Plourde.
 

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