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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.
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Jun 08, 2026 · 18:30