In large saucepan, heat olive oil on medium-low heat. Add garlic cloves, red pepper flakes, and jalapeno. Sauté on low heat, for 3 to 5 minutes, until garlic is light golden, stirring so garlic gets an even color and doesn’t burn.
With slotted spoon, remove garlic and jalapeno to bowl of food processor. Add pumpkin seeds to heat and continue to stir, for about 5 minutes, until seeds are lightly toasted. Remove from heat.
Allow pumpkin seed and oil mixture to cool. Once cool, add mixture to food processor with cilantro and lime juice. Blend to a smooth paste, taste for flavor, and season with salt, if necessary. Serve with cut vegetables, baguette slices, or your favorite seed crackers.