REPORT OF EXPLORATION ON STUMP LAKE PROPERTY Nicola Mining Division, British Columbia NTS 92Y8W Latitude 50”20’N Longitude 120’2O’W V6C lL6 BY ReneeBrickner Gold Brick EnterprisesLtd. March, 2003 w w SUMMARY w The Stump Lake 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 Vancouver 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 Table 1 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 Kamloops, 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 gravel roads 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 property stretchesapproximately 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.