Pacific Booker Minerals Inc. reported unaudited earnings results for the third quarter and nine months ended October 31, 2012. For the quarter, the company's loss from operations was CAD 687,570 against CAD 1,024,160 a year ago. Loss and comprehensive loss for the period was CAD 687,570 against CAD 1,024,160 a year ago. Basic and diluted loss per share was CAD 0.06 against CAD 0.09 a year ago. Net cash used in operating activities was CAD 176,341 against CAD 176,871 a year ago. The company incurred CAD 49,467 in exploration & evaluation expenditures on the Morrison property, compared to the incurred expenditures of CAD 81,638 for the previous quarter of the fiscal year. Revenue was CAD 389 against CAD 2,006 last year. Loss before other items was CAD 687,959 against CAD 1,026,166 last year.

For the nine months, the company's loss from operations was CAD 499,181 against CAD 2,996,502 a year ago. Loss and comprehensive loss for the period was CAD 499,181 against CAD 2,996,502 a year ago. Basic and diluted loss per share was CAD 0.04 against CAD 0.25 a year ago. Net cash provided by operating activities was CAD 1,126,502 against net cash used in operating activities of CAD 734,962 a year ago. Purchase of equipment, vehicles or furniture was CAD 649. The large amount on the statement of comprehensive loss is the gain from the settlement of the Rescan litigation, in the amount of CAD 1.8 million, reducing the loss for the period. The company recovered geotechnical fees from the Rescan litigation settlement in the amount of CAD 186,402 and incurred CAD 258,130 in exploration & evaluation expenditures on the Morrison property, for a net expenditure of CAD 71,728, compared to the expenditure of CAD 924,562 in exploration & development during the same period in the previous fiscal year. Revenue was CAD 3,239 against CAD 7,585 last year. Loss before other items was CAD 502,420 against CAD 3,004,087 last year.