Exhibit 4.77


               IRREVOCABLE CONSENT TO TERMINATION OF STOCK OPTIONS



Notice is hereby given to Pine Valley Mining Corporation (the "COMPANY") that,
effective this 22nd day of March, 2006 (the "EFFECTIVE DATE"), Samuel Yik (the
"SERVICE PROVIDER"), for good and valuable consideration the receipt and
sufficiency of which is hereby acknowledged by the Service Provider, voluntarily
and irrevocably consents to the termination of the Service Provider's option to
acquire up to 200,000 Common Shares in the capital of the Company up to the 17th
day of March, 2010 at an exercise price of CDN $5.31 per share (the "OPTIONS"),
being a portion of the Service Provider's presently outstanding stock options
governed by the Company's Amended & Restated Share Option Plan dated September
30, 2005 (the "PLAN").

In order to effect and better facilitate the termination of the Options, the
Service Provider has irrevocably surrendered for cancellation, to the Company,
the Option Commitment documenting the grant of the Options.




                                          /s/ Samuel Yik
                                          -------------------------------
                                          SAMUEL YIK