Pacific Booker Minerals Showcased in Video on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - October 17, 2014) - Pacific Booker Minerals (TSXV: BKM) (NYSE MKT: PBM), a company with a near term production project located in northern British Columbia, is showcased in a video by InvestmentPitch Media.

InvestmentPitch.com has produced a “video news alert” discussing Pacific Booker. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Pacific Booker” in the search box. Pacific Booker is in the advanced stage of development of the Morrison porphyry copper/gold/molybdenum deposit. PBM has completed a Feasibility Study and a NI 43-101 compliant Technical Report and is proposing an open-pit mining and milling operation for the production of copper/gold/molybdenum concentrate from the Morrison deposit.

If you cannot view the video above, please visit:
http://www.investmentpitch.com/video/0_q5hcsh3t/Pacific-Booker-Minerals-TSXV-BKM-Completes-Feasibility-Study-and-43-101-Compliant-Technical-Report

The Morrison copper gold project is approximately 35 kilometres north of the former Bell and Granisle copper/gold mines. The Granisle Mine produced 214,000 metric tonnes of copper, and just under 7,000 kilograms of gold and approximately 70,000 kilograms of silver from 52.7 million metric tonnes of ore averaging 0.47% copper. The Bell Mine produced 303,000 metric tonnes of copper and nearly 13,000 kilograms of gold and 27,000 kilograms of silver from 77.2 million metric tonnes of ore averaging 0.47% copper.

Pacific Booker’s land position consists of 45 contiguous claims totaling 12,027 hectares. This ground position includes the Hearne Hill property and the Morrison property.

A total of 96 exploration drill holes totaling 26,200 metres of drilling were carried out on the Morrison property. Drilling generated an estimated measured and indicated resource of 206.9 metric tonnes averaging 0.39% copper, 0.2 grams per tonne gold.

A 2009 Feasibiity study by Wardrop Engineering calculated a total mineable reserve classified as proven and probable to be 224 metric tonnes with an average grade of 0.33% copper, 0.16 grams per tonne gold. The project has a projected mine life of 21 years with a milling rate of 30,000 tonnes per day. Preproduction capital cost is estimated to be CDN$516.7 million, with the average operating cost estimated to be $8.15 per tonne milled. A pre-tax economic model has an internal rate of return of 20.05% and an net present value of Cdn$495.9 million at an 8% discount rate for the 21-year mine life. The payback of the initial capital is within 4.2 years.

Silver was not included in the financial analysis; however, there is an opportunity for improved economic performance if silver credits are received from the treatment and refining of the copper concentrate. Metallurgical test-work to date has reported silver present in the concentrate ranging from 65.3 to 100 grams per tonne.

Pacific Booker has also completed an Environmental Assessment and is waiting for a decision on their Environmental Assessment Certificate.

With two nearby former producing mines the project has the advantage of existing regional infrastructure to service the region, including a deep-sea shipping terminal at the port of Stewart, B.C. 250 kilometres northwest, a road network, nearby hydro-electric power and a full service town within daily commuting distance from the project site.

Power from BC Hydro will be delivered to the Morrison mine site via existing and new transmission lines. The company plans to extend the existing 25 kilovolt energized line from the Bell Mine site and to construct the new power transmission line and a temporary substation early in the pre-production period to make this 25 kilovolt power available during construction. With a further upgrade at the Babine substation, 138 kilovolts will be available for the Morrison mine operation.

Pacific Booker currently trades at $3.50 and with 12.4 million shares outstanding, is capitalized at $43.4 million. The company has no debt.

For more information please visit the company’s website at www.pacificbooker.com, contact John Plourde, President & CEO, at 1-800-747-9911 or email info@pacificbooker.com.

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