REPORT OF EXPLORATION ON

STUMP LAKE PROPERTY Mining Division,

NTS 92Y8W Latitude50”20’N Longitude 120’2O’W

V6C lL6

BY

ReneeBrickner Gold Brick EnterprisesLtd.

March, 2003 w

w SUMMARY

w The Property represents a polymetallic exploration target bearing containing epithermal style mineralization. The property is located within the Nicola Mining w Division (NTS 92V8W) in south central British Columbia. The Stump Lake Property consists of 3 contiguous, unpatented mining claims totaling 34 claim units and 2 reverted w crown grants (approximately 8.5 squared kilometers or 850 hectares). The claims are owned by Mr. Leo Loranger and were optioned by Braniff Gold Corp. of B.C. w In May, 2002 Braniff Gold Corp. optioned the property to Maximum Ventures Inc. of Vancouver, B.C. This report and the work it entails was commissioned by Maximum W Ventures Inc.

w The option agreement between Braniff G old Corp. and Maximum Ventures Inc. gives Maximum the option to acquire up to a 100% interest, subject to a 3% NSR Royalty, in w the Stump Lake property from Braniff Gold Corp. by paying $350,000 in cash, issuing 200,000 common shares and completing $500,000 worth of work in stages. Braniff has a w back-in right to a 25% interest. w Work on the property was conducted on September 18, 2003 and included chip sampling within the main gold bearing structures on old shafts on the property. A total of 6 w samples were collected which test veins showing on surface as well as areas of intense oxidation and weathering. W

W All of the samples collected intersected notable gold showings with the best chip sample returning 2.38 g/t gold and 180 g/t silver over 0.7 metres which was included in an area

W returning 1.8glt gold and 70 g/t silver over 2.7 metres.

w Previous geochemical and geophysical work on the property outlined several drill targets which were previously drilled yet failed to intersect notable mineralization. Re-

W evaluation of the data by geologists commissioned by Braniff Gold Corp. has determined that the targets we not in fact tested and additional drilling is warranted on the property.

Id

W 2 w w TABLE OF CONTENTS w Page

Summary 2 w 1.0 Introduction 1.1 Location and Access w 1.2 Topography,Vegetation and Physiography 1.3 Claim Status 1.4 PropertyHistory W 1.5 RegionalGeology 1.6 Property Geology 1.7 Mineralizationand Alteration w 2.0 2002 ExplorationWork 10 w 3.0 Discussionof Results 10

11 w 5.0 2002 ExplorationWork Expenditures 11 w 6.0 References 12

13 W

w LIST OF TABLES Table1 Claim Status 6 W Table2 Lithologic Units 9

w LIST OF FIGURES

Figure 1 w RegionalLocation Map Figure3 Claim Map w LIST OF APPENDICES

W. AppendixI SamplePreparation and Analysis AppendixII Rock SampleDescriptions AppendixIII Assays W AppendixIV CompilationMap AppenidxV Property Status 3 W u u 1.O INTRODUCTION u The Stump Lake Property representsa polymetallicexploration target bearingcontaining epithermalstyle mineralization. The property optioned by Maximum Ventures Inc. is located within the Nicola Mining Division (NTS 92YSW) in south central British LJ Columbia.The Stump Lake Property consistsof 3 contiguous,unpatented mining claims totaling 34 claim units and 2 reverted crown grants (approximately 8.5 squared kilometersor 850 hectares).

Maximum Ventures Inc. commissioned Gold Brick Enterprises Ltd. and its representativesto conducta follow-up visit to the StumpLake Property to further test the mainszone by chip sampling.

The Stump Lake Property is located in an area of historical activity. Small scale production was carried out from the late 1800’s and the early to mid 1900’s. The mineralization occurs as epithermal veins and along shear zones which contain polymetallicmineralization.

The work was carried out primarily on claim blocksJL-I includingreverted crown grants Mary Reynoldsand Gold Cup.

1.1 Location and Access

The Stump Lake property is located approximately38 kilometres south of , British Columbia within the Nicola Mining Division (Figure 1). The property is approximately8.5 squarekilometers or 850 hectaresand the mining claims cover three revertedcrown grant lots.

Accessto the property from Kamloopsor Menit is via highway 5A to the junctiqn of the PeterHope Lake accessroad. The property lies 1.5 km from the junction and is situated approximately3 km south of Stump Lake. An old gravelroad accessesthe property from the southwith numerousold gravelroads cross cutting the property within the south and northernportions of the property.

The property is centred at 50’20’N latitude and 120”2O’Wlongitude. UTM coordinates for the centre ofthe property are approximately689750 E and 5 578600N U 10. T he propertystretches approximately 4 kilometreseast-west and 3 kilometresnorth-south.

1.2 Topography, Vegetation and Physiography

The Stump Lake Property areais locatedin southcentralBritish Columbia Ontario within the Nicola Valley. Topographicrelief in the explorationwork area is gently rolling hills alignednorth-northeasterly, parallel to regionalgeological structures, with moderate

4 BRITISH COLUMBIA

IMAXIMUM VENTURESINC Stump Lake Property Regional Location Map Stump Lake Area, British Columbia I Nicola Mining Division Date: Scale: Figure I I January 2004 I I u relief ranging from 1000 metres to 1250 metres above sea level. The area is semi-arid and vegetation consists of moderately dense stands of pine and fir trees with little underbrush. Valley floors generally contain grassland used for grazing cattle.

Outcrop exposure varies within the property. Areas containing steep slopes and cliffs contain abundant outcrop. More moderate relief contains limited outcrop though overburden is generally thin, less than 0.5 metres. u The city of Kamloops is the closest main centre and provides all services required to conduct mineral exploration. u 1.3 Claim Status

The Stump Lake Property consists of 3 contiguous mineral claims totaling 34 claim units u encompassing two reverted crown-granted two post claims. In 1986, the owner grouped the reverted crown-grants, Mary Reynolds and Gold Cup, and they were given the same record number. u The claims are owned by Mr. Leo Loranger and were optioned by Braniff Gold Corp. of Vancouver B.C. In May, 2002 Braniff Gold Corp. optioned the property to Maximum Ventures Inc. of Vancouver, B.C.

The option agreement b etween Braniff G old C orp. and M aximum V entures Inc. gives Maximum the option to acquire up to a 100% interest, subject to a 3% NSR Royalty, in the Stump Lake property from Braniff Gold Corp. by paying $350,000 in cash, issuing 200,000 common shares and completing $500,000 worth of work in stages. Braniff has a back-in right to a 25% interest.

Table I lists relevant information for the respective claims. Complete title opinions and u individual option agreements are beyond the scope of this report, Detailed information on these matters can be obtained from the company or its solicitors.

Table 1: Claim Status

Tenure Recordnot Claim Mining I.4 Number Number Name Division No Units Due date’ Recorded Holder 237124 1662 JL-1 Nicola 16 28-Dee-07 Leo Loranger w 237125 1663 JL-2 Nicola 2 20-Dee-06 Leo Loranger

237127 1483 KL-1 Nicola 16 16-Mar-05 Leo Loranger u 16691673 16691673 Robert Dunsmuir Nicola 1 07-Apr-08 Leo Loranger 674 16701674 Mary Nicola Reynolds 1 07-Apr-08 Leo Loranger 675 16701675 Gold Cup Nicola r TOTALS 36 ’ Dates noted are pending approval of this report. 6 ‘.., ‘.._‘.., ‘....,, N :. ..,, .,’ :. . . . “‘....,_,, i..’

.’ .’ .’ .’ .’ I

.’ SCALE

MAXIMUM VENTURES INC. Main Access Road ,,,,,._...... Stump Lake Property Old Logging Roads .‘. --I- CLAIM MAF’ 7 Inactive Drainage Stump Lake Area, British Columbia Nicola Mining Division Crown Granted Land Date: Scale: Figure2 StakedClaims January2004 I As Shown I “I 1.4 Property History

The area has a long history of exploration dating back to the late 1800’s. The first historical records of exploration activity are recorded in the 1887 Annual Report of B.C. Ministry of Mines (Church, 1998).

In 1894, G.M. Dawson examined the property. By 1889 small scale production (2 tonnes) was achieved from three shafts exploiting a vein system on the Mary Reynolds claim. From 19 18-19 19 underground development work discovered a new vein some 45 metres west of the original production vein. Production records f’rom the claims reported 117 tonnes of selected ore was shipped to the smelter assaying 1753.4 g/t silver, 4.9 g/t gold, 1.4% lead, and 2.4% zinc (Church, 1998).

Primary Ore Mining Company Ltd. completed further underground development and surface diamond drilling from 1928 to 1934. During this time underground development resulted in I80 shafts md 120 ft of drilling.

Pine Valley Explorers L td. completed geuchemical, g euphysical and drill progrxns on the property from 1972-1978. The company constructed a small mill and did minor undergound rehabilitation but ran out of funds in 1980. Mr. Leo Loranger acquired portions of the property in 1984 and carried out limited geochemical and VLF-EM surveys. In 1986, Loranger acquired the current claim units and optioned the property to Rochester Minerals Inc., Noranda Exploration Company Ltd., Diplomat Resources Inc. and Anglo American Resources Inc. for three years following. Noranda carried out geological mapping, geochemical and geophysical swveys over large areas of the property. Diplomat Resources and Anglo followed up some of the Noranda work with diamond drilling programs and later conducted an IP survey across the south half of the property and drilled several of the anomalies, To date a total of 24 drill holes from various companies have targeted the property for a combined total of 2840 metres of drilling.

In 1997, B raniff Gold Corp. conducted prospecting and c ompleted a g eochemical grid survey on the northeast comer (C-Zone) of the property. Braniff also contracted Geotronics Survey Ltd. To perform a reinterpretation of the IP and resistively data using mathematical techniques (inversion modeling). A dditional drill targets w ere identified following the reinterpretation uf the IP and resistively data.

1.5 Regional Geology

The Stump Lake Property lies within the Nicola Lake region, located within the accreted Quesnellia Terrane of the Intermontane Belt of southern British Columbia. As described by Church, 1998, “The terrane is bounded on the east’ by the Okanogan Shear Zone (OSZ) where Eocene volcanics abut the Paleozoic elastic and carbonate sedimentary rocks of the Ominca Terrane. Late Triassic arc volcanic rocks and volcanogenic sedimentary facies of the Nicola Group occupy the central area of the Nicola Lake region and have been subdivided into three belts by various workers (Church, 1998). The three belts included; the western belt, primarily andesitic flows and breccias; the central belt, comprised of basaltic flows and associated breccias deposited in a marine environment

8 kJ u and; the eastern belt, entirely composed of mafic volcaniclastic rocks, predominantly coarse grained, ranging to tine wacke and siltstone. u The s equence i s i ntruded b y Triassic and Jurassic c alcalkaline p lutons o f t he G uichon Creek Batholith on the west. The major fault systems strike northwest and north to northeast; the former in part related to Mesozoic contraction tectonics and the latter !A related to Tertiary extensional faulting. Eocene sedimentation was partly controlled by extensional faulting that redated the deposition of Kamploops Group andesite and basalt.

1.6 Property Geology

The Stump Lake Property is underlain by northwest trending volcaniclastic units of the Upper Triassic Nicola Group. A succession of augite porphyritic andesite flows, brecciated flows and turbidite wacke correlates to eastern volcanic facies of the Nicola Group as mapped by the B.C. Geological Survey (Moore and Pettipas, 1990). North- northeast trending and northwest trending shear zones cut the andesite flows. The north- northeast trending shears are aligned parallel to tertiary regional deformation features like the Quilchena and Stump Lake Faults (Church 1998).

Lithologic descriptions for the three main rock types occurring on the property are given below (Church, 1998):

Table 2. Litholoeic Units (Field nomenclature, no chronological order implied)

Upper Triassic

1. Clay & Quartz Carbonate Altered Brecciated Andesite -Tan to orange - tan on fresh surfaces. May be brecciated with fragments ranging up to 3 cm in length. Fractures infilled with later stage quartz carbonate veins and veinlets. The quartz veins may be chalcedonic and the rock may be siliceous.

2. Foliated Andesite Flow -Light to medium green, equigranular and aphanitic with a weak foliation

3. Augite Porphyry Andesite Flow -Medium green to grayish green, massively bedded, equigranular, porphyritic texture. Medium to coarse grained subhedral augite phenocrysts set in an aphanitic matrix +/- plagioclase phenochrsts

1.7 Mineralization and Alteration

The Stump Lake Property is host to epithermal type mineralization emplaced along north- northeast shear zones which acted as conduits for hydrothermal fluids. Most of the veins seen on the property are less than one metre in thickness and commonly contain pyrite, galena, sphalerite and less commonly chalcopyrite. Precious metal mineralization is

9 associated with sulphide mineralization Five mineralized zones have been previously identified on the property (zones A-E) by Noranda, primarily due to geochemical work and historical workings.

Alteration on the property tends toward moderate to intense clay alteration in vein wall rock which consists of carbonate-pyrite-mica assemblages.

2.0 2002 EXPLORATION WORK

On September 18, a one day visit to the property was conducted and 6 chip samples were collected within areas of previously known mineralization The purpose of taking the samples was to better determine the nature of the host rock containing mineralization in order to better determine what future exploration should target as far as rock type and mineralization type.

All samples taken during this program returned notable gold and silver mineralization except one, which was taken from an area located 100 metres away.

All samples were collected and sent to ALS Chemex in Vancouver for assaying for gold, plus 34 other elements including silver, copper, lead and zinc (See Appendix I, II, III).

Samples were collected by chipping rock material along various lengths in a linear fashion parallel to the mineralization trend. All but sample 95713 were taken along true widths and zones of mineralization are believe to measure the length of the chip sample taken.

3.0 DISCUSSION OF RESULTS

From the main showing area, 5 chip samples were taken with the best interval covering 2.7 metres, divided into three samples. This 2.7 metre interval returned 2.38 g/t gold and 180 g/t silver over 0.7 metres and included in an area returning 1.8s/t gold and 70 git silver over 2.7 metres.

Results from the sampling program show mineralization to be concentrated to high- sulphidation epithermal quartz veins coupled with highly altered clay zones containing limonite which host notable gold mineralization. High grade sections within these quartz veins and within these highly altered areas contain notable gold and silver values which provide the potential to a low tonnage, economic high grade gold/silver mineralization.

10 4.0 RECOMMENDATIONS

The Stump Lake Property remains a strong target for an epithermal, polymetallic mineralization target.

Work done during the 2002 season returned extremely encouraging results and the visit to the property has provided further encouragement as to the potential of the property.

The 1998 geochemical program was successful in delineating several geochemical targets that strongly warranted further work. The hand trenching program was useful for determining areas where mechanical trenching should o ccur and revealed the depth o f expected overburden in each of the areas where stripping should occur. Each of the anomalous areas outlined in Table 3 should be targeted through mechanical trenching.

Areas displaying strong rusty weathering and gossan areas should also be stripped to extend the mineralized zones along strike.

Mechanical trenching to test these additional areas and to extend those areas of known mineralization along strike is recommended.

Previously identified drill targets remain and the recommendation to drill these targets also remains following mechanical trenching.

2002 EXPLORATION WORK EXPENDITURES

Geologist (3 days @ $350/day) $1,050.00 Assistant (2.5 days @ $250/day) $ 625.00 Assays $ 138.00 Truck Rental (3 days @ $64.2O/day) $ 192.60 Camp Costs ($25/manday x 2.5 mandays) $ 125.00 Food $ 50.21 Gas $ 67.70 Report and Compilation $2,500.00 Digitizing $ 250.00 Copies, Courier Misc. $ 130.00 --_-~I__~ ,_-~_l_-___l _..-_ ^- $5,128.51

GST (7%) $ 359.00 u Total $ 5,487.51 u u

11 u 6.0 REFERENCES

Church, Calvin 1998, Geological Report on the Stump Lake Property, Nicola Mining Division, British Columbia, Assessment Report Number 26334

Annual Reports of the British Columbia Ministry of Mines: 1919, 1929, 1930.

MINFILE : 0921SE 115; Mary Reynolds (L. 674)

Moore, J.M., Pettipas, A.R. Meyers, T.E. and Hubner, T.B., (1990): Geology and Mineral Occurrences of the Nicola Lake Region (92I/SE); B.C. Ministry of Energy, Mines and Petroleum Resources, Open File 1990-27

12 7.0 STATEMENT OF QUALIFICATIONS

I, Renee D. Brickner, of 40167 Bills Place,Squamish, British Columbia, hereby certify that:

I am a graduateof the University of Saskatchewanwith a Bachelor of Sciencedegree (1999)in geologywith Honors.

I havepracticed my professionas a geologistin Canada,full time sincegraduation.

I am a consultinggeologist with offices at 501-905West PenderSt. Vancouver,British Columbia.

I am a registeredmember in good standingof the Associationof ProfessionalEngineers and Geoscientistsof British Columbiaas a G.I.T. (reg # 132038).

The information in this report is based on a review of reports on the area and on information obtainedin the field by myself and individualsunder my supervision.

I haveno interest, direct or indirect, in the subjectproperty, or any surroundingground.

I consentto, and authorizethe use of this report in any prospectus,state of materialfacts, or other public document.

DATED, in Vancouver, British Columbia, this may of March, 2004.

13 APPENDIX I Sample Preparation and Analysis Gecchemical Procedure - G32 Package (can’t) . .

Detection Uupe; g&t &I&

SC lP?m I. % & 0.2ppm 0.01% Na 0.01% 10 % Sr * PPm 1 % S 0.01% 5 % n 10 PP” 1% Ti cm% 10 % IV 10 PPm 1 % TJ 10ppm 1% V 1 PPm 1% zn 2ppm 1 % Samule Preuaration Procedme - CRU-31

Method: Gushing

The entire sample is passed t.lxou$ a @nary crusL-lrcr to yicId a cnnhed prod,uct of dk.b grater than 70% iLc les5 than approtitdy ?mm. /. split (Split size is u determ+ed by the fina! preparation method and am$sis requested) is then ta!cen tuing a sta.~ess steel r;ifle s$itter. u The crrhing code indicates the weigh: of the original sample.

226 295 @-3kg Cwh and Split O-6 o-3 294 272 67 kg Gush and Split 7-15 4-7 u 276 29’s 8-12 kg Gush and Split 16-25 8-12 273 2n 13-18 kg Crush end Split 25 - 40 13 -18 270 19-26 kg. Crush a~16Split 4 -60 19-26 u 270 27-56 kg Ciwh and Split 61-79 27-36

Ld 03/.OS/O2 IiZ 1l:OS FT SO: $8: C213 .ALS CExE3

--.- Santle?reoarationProced~?-PUL-31

Me*hhod: Grinding

AL5 Rush cnemex Code Parameter Code

208 258 Assay Grade KingGfM 205 25.5 Geochnicnl R&g Grind Geochemicd Procedure - Gold, Pdadium, Platinum

Sample Decomposition: Fire Assay Fusion h2Iykicd MEthod: SnductiveIy Coupled Puma - Ator& EL-d&on Spectroscopy (lCP-,423)

A prepazed sample is fused with a mixture of lea.d oxide, sodium c&x-ate and borax silk, inquarted with 6 rng of gold-free Silversend the? cupelled to y’e!d a precious metal bead. The bead is digested for 41 hour in dilute nitic acid. Hyclzochloric add is then added and the solution is digxted for en additional hour. The digested solution is then cwIed, diluted to 5 ml with dtierelked w&z, homogenized and then analyzed for gold, platinxz end palladium by inductively coupled plasma - atomic em&ion spectiome~.

DetKC0n Uppc m &&t &.TJLiJ

Gold Au 2 PPb 10.0@0ppb Palladium Pd 2 PPb lO,OC%lppb PldtklulXl Pt 5 ppb 10,000ppb 229 ICP-AQ Digestion n/a n/a n/a 2119 A.l~um Al 0.01% 15 % 2141 Antimony sb 2ppm 1”m 2120 +L-S=dC A3 2ppm 1 73 2121 BtiUVJ Be 10 PP” 1” 2122 BqlIium & 0.5 ppm O.Olrn% 2123 Bmuth Bi 2 PPm 1 % 557 Boron B ‘IO Ppm lO,Ocopp” 2125 cadmium Cd 0.5 ppm 0.05 % 2124 Calcium cd 0.01% 15 % 2127 ChOUliUm G lPpm 1% 2.126 Cobalt co 1 PPm 1% 2125 copper CU * PPm 1 % 2130 Galhm Ga 10 PPm 1% 2150 Iron Fe 0.01% 15 % 2151 L.s.nthanm La 10 PPm 1 % 2140 Lead Pb 2 PPm 1% 213: Mapesi& Mg o.mx 15 % 213s Manganese Ml-i 5 PPm 1% 2.131 Macu.?.? % IPpm 1% 23.36 Molybdenum MO 1 PP” 1 % 2138 Nidtel Ni 1 PPm 1% 2139 Phosphorus P lOPP 7-yiD 2132 Potassiwr. K 0.01% 10 % u

u u APPENDIXII Assays u

u u u u u

I-1 u To: GOLD BRICK ENTERPRISES LTD. Page: 2 B 501-905 W PENDER ST Total #Pages: 2 (A - C) VANCOUVER BC V6C 1 L6 Date: 2%MAR-2004 Account SXL

Proiect: Bo lake Prooertv , I CERTIFICATE OF ANALYSIS VA04005265 c c c c c ii c c E c c c E c E c c E E To: GOLD BRICK ENTERPRISES LTD. Page: 2 -A ALS Cheumex 501-905 W PENDER ST Total # Pages:.2 [A - C) EXCELLEMCE IN ANALITICAL CHEMISTRY VANCOUVER BC V6C t L6 Date: 29-MAR-2004 Al s canatlii Lid Account SXl. 212 Brooksbank Avenue North Vaoccwer BC V7J 2Ci Cwmdn Phons. 60.4 004 0221 Fnx 604 8840218 Project E3o lake Property

5708 2.64 42.7 033 ,040 100 4 5 c? 10.60 61.8 17 21 130 4.87 5709 4.50 E1.B 0 44 1486 140 -3-05 c2 7 a7 454 24 ia 330 556 5710 3.24 0.986 30.0 0.66 1620 10 40 06 x2 644 BB 37 18 144 6 67 5711 4 SD 2 18 32 B 043 3970 *in 40 4 5 c2 585 20 6 32 18 117 602 6712 354 2.38 400 0.56 3250 dlcl 90 -0.6 <2 4.10 26.3 37 17 223 7.12 5719 2.02 0.087 3.2 0.43 269 40 70 05 -2 144 14 14 16. 103 4.54

LJ u

Ld u u APPENDIX III Rock Sample Descriptions u u u

u

u

u

Ld

u

u Stump Lake - Main Showing Sampling Program 2003 Field Season

Location (NTS) UIO Gold Silver Copper Zinc Description EastinS Northing pm pm PPrn iwm

well crystallized quartz vein. 1 m chip (true width) strike 213” 68”NW (parallel to fiact) 3,60 Thick vein - 5-8 cm, xtals up to 1 cm in width locally. within a silica rich volcanic very fine Irn 689385 5578430 0.760 42.700 130 grained. Minor sulphides 21% very fine grained. Local limo&e and local vugs wth secondary qtz growth. Non mag 2640 Well oxidized pitted quartz vein. Vein parallel to 95708. Minor Malachite Limonite - 40% 0.75 Ill 689389 5576436 1.650 61.800 330 mod fractured non msg. vugs with second growth qtz. No fresh sulphides Qtz rich mod fractured rock. Qtz veins within volcanic (intermediate, highly altered). Veins strike 314’ 7o”W Not fully clear as no fresh surface available. No fresh sulphides non IIll 689390 5578449 0.996 30.0 144 806 magInot overly pitted and no vugs seen (95710-712 are continuous chip samples covering _ .. .._ _. _ . ,340 Highly siliciL_- _.____.- _.- .~~~~~..--_~~ ~~~..“I “up ‘Iuu Jcc”““‘uy LpL ~~“““L”. llll 689390 5578449 2.180 32.8 117 Minor py. f.g.diissem. moderate limonite alt along fractures and through rock. Non mag mod-well fractured with stong limo&e alteration on weathered surfaci. Less amounts ofqtz 0.7 m 689390 5576449 2.380 180.0 223 1410 veins but higher amounts of gossan material. Pitting along thin veins along fractures. No

482 Altered rock mod fractured with kaolinite alteration fairly pensive throughout. With more 95713 Chip 0.35 m 689330 5578349 0.087 3.200 103 minor limo&e rusting on weathered surfaces. Alteration masks original rock type.No obvious sulphides due to alteration. Non mag. Vein strikes 15 1” 40’S (sample not true width) APPENDIX IV SampleLocation Map