Morrison Copper–Gold Project Central B.C.

Advancing Morrison’s copper–gold potential in British Columbia.

Pacific Booker Minerals owns 100% of Morrison, a copper–gold deposit beside Morrison Lake, about 35 km north of Granisle. A Pre-Feasibility Study led by Tetra Tech Canada began in August 2026 and is expected in the first quarter of 2027.

Ownership
100%
Study under way
Pre-Feasibility
Study expected
Q1 2027

Sources: news releases of August 21, 2026 and October 28, 2026.

Relief model of the Morrison Lake area. A long lake runs north-west between forested hills. A pin on its east shore, near the southern end, marks the Morrison Project. Morrison Lake area 14 × 14 km relief ×2 Existing landscape. Elevation: Terrain Tiles (Mapzen). Imagery: Copernicus Sentinel-2, July 22, 2026.

01 The project

A porphyry copper–gold deposit on the east side of Morrison Lake.

Morrison lies in the Babine Lake porphyry copper belt of central British Columbia. Noranda discovered the deposit in 1963. Pacific Booker optioned the property in 1997, agreed to buy it in 2004, and has drilled, engineered and studied it since.

Morrison is at the study stage and does not hold an Environmental Assessment Certificate. The Province refused one in February 2022 and stated that the Environmental Assessment Act allows another proposal based on a new project design. The 2009 Feasibility Study is no longer considered current, so in 2026 the company began rebuilding the technical case.

  1. Discovery. Noranda Exploration finds the Morrison deposit after regional stream sampling.

  2. Feasibility Study. Completed by Wardrop Engineering. No longer considered current.

  3. Certificate refused. The environmental assessment ends. A new project design may be proposed.

  4. New technical work. Technical review, Technical Advisory Board, resource update and Pre-Feasibility Study begin.

  5. Pre-Feasibility Study expected.

Deposit type
Porphyry copper, gold and molybdenum
MD&A, Sept 22, 2026
Location
About 35 km north of Granisle
News release, Oct 28, 2026
Published coordinates
55°11′24″N, 126°19′07″W
Technical Report, March 2009
Last published resource estimate Update in preparation
206.9 Mt measured and indicated at 0.39% Cu, 0.2 g/t Au and 0.005% Mo, at a 0.3% copper-equivalent cut-off (GeoSim, April 2007).
Technical Report, March 2009. An updated Mineral Resource Estimate is part of the current study.
Relief: Terrain Tiles (Mapzen). Highways: © OpenStreetMap contributors. Place names: BC Geographical Names. Forest road link is indicative, not surveyed.

02 Location and access

North of Granisle, in the Babine Lake region.

The project sits on the east side of Morrison Lake, on Crown land within the traditional territory of the Lake Babine Nation. Ground in the property area rises from 733 m on the lake shore to 1,380 m on Hearne Hill, all of it below the tree line.

Getting to site

  1. 1Highway 16 to Topley.
  2. 2Highway 118 north for 46 km to Michelle Bay on Babine Lake.
  3. 3Barge to Nose Bay on the east shore, about 15 minutes.
  4. 4Forest service roads to the property, about 48 km north-west of the barge landing.

Power

The 2009 study planned a BC Hydro supply from the Babine Substation near Granisle, using the existing line to the former Bell Mine and a new 138 kV line from there to Morrison. Infrastructure design is part of the current Pre-Feasibility Study.

Setting, access and power as described in the NI 43-101 Technical Report, March 2009, sections 4, 5 and 18.

03 Current activity

A Pre-Feasibility Study is under way.

On August 21, 2026 Pacific Booker engaged Tetra Tech Canada to complete a Pre-Feasibility Study for Morrison under NI 43-101. Members of the Tetra Tech team worked on the 2009 Feasibility Study. The new study builds on that work with an updated resource estimate, current engineering standards and current costs.

What the study covers

  • Updated Mineral Resource Estimate
  • Open pit mine planning
  • Mineral Reserve estimation, if the results support it
  • Metallurgy and process engineering
  • Infrastructure design
  • Tailings and water management
  • Environmental review
  • Capital and operating costs, and financial analysis

Who is doing the work

Tetra Tech Canada
Study lead
GeoSim Services
Mineral resource estimation
Snowden Optiro
Mine planning and Mineral Reserve estimation
BGC Engineering
Site-wide water management
Klohn Crippen Berger
Tailings and geotechnical engineering
  1. Aug 21, 2026 Study begins
  2. In progress Updated Mineral Resource Estimate. Results to be announced after Technical Advisory Board review.
  3. Q1 2027 Pre-Feasibility Study expected

Read the August 21, 2026 release Timing is the company’s estimate and depends on input from consultants.

Financing

Private placement increased to about C$12.0 million

Up to 5,128,206 units at C$2.34, to advance Morrison and for general corporate purposes. Closing is subject to TSX Venture Exchange approval.

Release

Strategic review

Alternatives under evaluation

A Special Committee, with RCI Capital, is weighing options that include staying independent, a sale, a joint venture or a strategic investment.

MD&A

Technical oversight

Technical Advisory Board formed

Chaired by Leo Hathaway, P.Geo., the company’s Qualified Person. It advises management on technical studies and consultants.

Release
Illustrative material study. Not a photograph or sample from Morrison.

05 Questions

Morrison in brief.

A copper–gold deposit owned 100% by Pacific Booker Minerals. The company describes it as a porphyry copper, gold and molybdenum deposit in the Babine Lake porphyry copper belt, and is proposing an open-pit mine and mill.

Source: MD&A dated September 22, 2026.