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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

Post by uptowndog1on Feb 09, 2022 5:44pm
268 Views
Post# 34414495

News Group BKM

News Group BKMello News Group
 
Please find attached to this email today's news release.
 
We wish the decision had gone differently.  We are committed to finding a path forward for the Morrison project and will consider various options within the next month.
 
Again, the Ministers determined that:
  • There is potential to affect a unique wild sockeye salmon population that contributes to the Skeena River sockeye;
  • The potential for long-term liability for the province and risk to the environment were not acceptable in this case; and,
  • There is insufficient data about Morrison Lake and the potential diminished long-term water quality in Morrison Lake was not an acceptable risk.
 
 
These are the same concerns raised in 2012.  A letter prepared by KCB late in 2012 to clarify the potential issues that may have led to the 2012 decision to “not” approve the EAC for the Morrison Project is available at the following link:  https://www.pacificbooker.com/pdf/121030L-MorrisonEACRejectionResponse.pdf
 
 
Contrary to some press articles, the Morrison Project is not located at the Skeena River headwaters.  And Morrison Lake does not produce the second-largest number of sockeye salmon in BC.  That "title" belongs to the entire Skeena River, which is the second largest producer of sockeye salmon after the Fraser River in BC.
 
The Project footprint, which is 25 square kilometers represents 0.046% of the of the Skeena River watershed which is 54,400 square kilometers.  The Morrison Watershed is a significant contributor to salmon spawning and rearing habitat in the Babine Watershed, contributing between 3.5% of the Sockeye population (Gottesfeld, 2002) and 6% of the total Coho population (Bustard, 2004).
 
Some information on Morrison Watershed Salmon Spawning (2011 report prepared by the LBN and funded by PBM), is available at the following link: 
https://www.pacificbooker.com/pdf/LBN_Salmon%20Spawning%20Report%202010-reduced.pdf
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