Northwire Canada EditionWednesday, November 4, 2026
Northwire
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Gold 3,940.40 −0.7% Silver 49.75 −2.2% Copper 6.41 −2.4% Oil 96.76 +0.3% Palladium 930.00 −4.0% MSA 8.73 +1.2% GGL 0.145 +0.0% MAU 14.45 +0.3% EMO 0.220 +0.0% EOX 0.060 +0.0% PMET 2.99 −2.3% SVM 11.14 −2.5% NUAG 6.82 +0.1% STGO 1.35 +1.5% TFPM 39.56 −2.0% REE 0.030 +0.0% PNTR 0.330 +0.0% SSRM 36.56 −2.4% NGEX 20.85 +2.9% DML 2.96 −0.3% DOS 0.020 +0.0% Gold 3,940.40 −0.7% Silver 49.75 −2.2% Copper 6.41 −2.4% Oil 96.76 +0.3% Palladium 930.00 −4.0% MSA 8.73 +1.2% GGL 0.145 +0.0% MAU 14.45 +0.3% EMO 0.220 +0.0% EOX 0.060 +0.0% PMET 2.99 −2.3% SVM 11.14 −2.5% NUAG 6.82 +0.1% STGO 1.35 +1.5% TFPM 39.56 −2.0% REE 0.030 +0.0% PNTR 0.330 +0.0% SSRM 36.56 −2.4% NGEX 20.85 +2.9% DML 2.96 −0.3% DOS 0.020 +0.0%
Other Routine +

Pacific Booker Engages Tetra Tech for Morrison Project Technical Review

Pacific Booker Advances Morrison Valuation Amidst Hostile Bid Standoff; Tetra Tech Engagement Signals PEA Progress

Executive Summary
  • Pacific Booker Minerals Inc. has engaged Tetra Tech Canada Inc. to perform technical reviews and data compilation for the Morrison Project in central British Columbia.
  • The scope includes organizing historical project data and preparing a conceptual-level economic assessment over approximately four weeks.
  • This work is intended to support the Company's ongoing strategic review process and facilitate technical evaluations by potential strategic parties.
  • Limitations of scope exclude new exploration, mineral resource estimation, mine planning, metallurgy, or infrastructure engineering.
  • The results may serve as the foundation for a future Preliminary Economic Assessment (PEA).
  • This engagement follows the April 30, 2026 announcement where $3 million was raised specifically to complete a PEA and general corporate purposes.
  • It also follows the Board's recommendation on April 30 to reject American Eagle Gold Corp.'s hostile takeover bid.
Material Impact
  • The engagement is an execution step of the previously announced April 30 financing plan, which earmarked proceeds for completing a new PEA.
  • As such, it does not introduce fundamentally new strategic information but confirms management is progressing on the independent valuation path after rejecting the hostile offer.
  • The news validates the use of proceeds from the $3 million private placement and demonstrates momentum in the strategic review process.
  • It is considered Routine - Positive because the market was already aware of the intent to prepare a PEA following the financing announcement; this confirms the vendor selection for that work.
  • There is no immediate change to valuation or liquidity, but it reduces execution risk regarding the PEA timeline.
BKM · Price
Company Overview
  • Pacific Booker Minerals Inc. focuses on the Morrison Project located in central British Columbia.
  • The project contains a significant resource base including Measured and Indicated (M+I) of 208 Mt @ 0.39% Cu, 0.19 g/t Au, and 0.005% Mo.
  • Inferred resources add another 63 Mt @ 0.38% Cu, 0.19 g/t Au, and 0.005% Mo.
  • Total scale includes over two billion pounds of copper and over two million ounces of gold.
  • Recent analysis confirmed the presence of nine additional critical minerals (cobalt, lithium, nickel, etc.) plus rare earth elements, though commercial recoverability is unproven.
Read the original news release →

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