TABLE OF CONTENTS ITEM 1: SUMMARY 4 ITEM 2: INTRODUCTION AND TERMS OF REFERENCE 7 ITEM 3: RELIANCE ON OTHER EXPERTS 7 ITEM 4: PROPERTY DESCRIPTION AND LOCATION 8 4.1 Location 4.2 Property Description 4.3 Provincial Mining Regulations ITEM 5: ACCESSIBILITY, PHYSIOGRAPHY, INFRASTRUCTURE 10 ITEM 6: HISTORY OF PREVIOUS EXPLORATION 12 ITEM 7: GEOLOGICAL SETTING AND MINERALIZATION 13 7.1 DOK 35 Area 14 7.2 Teck Area 15 7.3 Strata Creek Area 15 7.4 Yeti Area 15 7.5 Yehiniko East Area 16 ITEM 8: DEPOSIT TYPES 8.1 Characteristics of Alkalic and Calc-Alkaline Copper Gold Deposits 16 8.2 Description of the Galore Creek Deposit 8.2 Description of the Schaft Creek Deposit ITEM 9: EXPLORATION 9.1 Exploration Work Completed in 2012 by Brades Resources 18 9.2 Statement of Costs for SOW No: 5447737, 5453427, 5464789, 5474146, 5474763 ITEM 10: DRILLING 24 ITEM 11: SAMPLE PREPARATION, ANALYSIS AND SECURITY 24 ITEM 12: DATA VERIFICATION 24 ITEM 13: MINERAL PROCESSING AND METALLURGICAL TESTING 25 ITEM 14: MINERAL RESOURCE ESTIMATES 25 ITEM 15 -22: ADVANCED PROPERTY DISCLOSURE 25 ITEM 23: ADJACENT PROPERTIES 25 ITEM 24: OTHER RELEVENT DATA AND INFORMATION 25 Assessment Report dated December 30, 2013 2 ITEM 25 - 26: CONCLUSIONS AND RECOMMENDATIONS 26 ITEM 27: SOURCES OF INFORMATION 27 DATE AND SIGNATURE PAGE Certificate of Qualified Person: C. von Einsiedel, P.Geo. 28 APPENDIX 1 LIST OF REPORT FIGURES Figure 1: Locator map of NW BC’s Iskut River District showing staked areas, mines and advanced prospects, parks, access roads and local communities (1:2,000,000). Figure 1A: North Iskut River District Area Map Showing Ownership and Porphyry Copper Gold Prospects (1:750,000 scale) Figure 2: Geological map of NW BC’s Iskut River District showing mines and advanced porphyry copper prospects (1:2,000,000). Figure 3: Regional scale geological map showing Galore Creek, Schaft Creek and the BRC Property (1:250,000). Figure 4: Regional scale stream sediment survey map showing copper anomalies associated with Galore Creek, Schaft Creek and the main areas of interest within the BRC Property (1:250,000). Figure 5: Regional scale airborne magnetic survey map showing Galore Creek, Schaft Creek and the BRC Property (1:250,000). Figure 6: BRC Project area map showing mineral claim tenure reference numbers, location of 2013 exploration programs (1:100,000). Figure 7: DOK 35 Area Geological Map and Index Map Showing BC Minfile Prospects and Exploration Work Completed by Brades in 2013 (1:100,000 scale) Figure8: DOC 35 Area Index Map Showing Areas of Historic Sampling by Sample Type and Location of 2013 Soil and Rock samples (1:25,000 scale) LIST OF LARGE FORMAT TECHNICAL FIGURES TO SHOW 2013 EXPLORATION WORK Figure LF-01: DOK 35 AREA Detail Map Showing 2013 and Historic Rock, Stream and Soil Geochemical Sample Locations Sample Type (1:5,000 scale) Figure LF-02: DOK 35 AREA Detail Map Showing 2013 and Historic Compilation Showing Geochemical Samples by Type and Copper Values in PPM (1:5,000 scale) APPENDIX 2 ALS CHEMEX ASSAY REPORTS Appendix 2.1: ALS Chemex Assay Report No.VA13165934 Appendix 2.2: ALS ChemexAssay Report No.VA13188332 Table 2: Doc 35 Area Rock Sample Descriptions Assessment Report dated December 30, 2013 3 ITEM 1: SUMMARY Brades Resource Corp. (“Brades”) holds an extensive land package covering several early stage porphyry and stockwork type copper-gold prospects located in the Iskut River District, northwestern BC. (the “BRC Property”). Large scale exploration programs since 2005 at Novagold Resources’ Galore Creek Project (located approximately 50 km to the south of the BRC Property), and at Copper Fox Resources Schaft Creek Property, (located approximately 45 km to the southeast of the BRC Property), have significantly increased the copper and gold resources at both projects and demonstrate the Iskut River District’s potential for large copper and gold deposits. The BRC Property was acquired primarily by staking between 2007 and 2009. The nearest road accessible community is Telegraph Creek located approximately 40 kilometers to the north east. The physiography of the project area is rugged and at present the only way to access the property is by helicopter or float plane from Telegraph Creek or Dease Lake. The Galore Creek Deposit is classed as an alkalic porphyry and is localized in Triassic aged andesitic rocks belonging to the Stuhini group that have been intruded by a series of late Triassic to early Jurassic aged felsic stocks and dykes. The main mineralized zones are localized within structurally controlled, potassium feldspar and biotite rich alteration zones and are flanked by propylitic alteration mineralized with pyrite. Schaft Creek is also localized within Stuhini group volcanic rocks but is classified as a calc-alkaline porphyry. Geological models for Schaft Creek show that mineralization is associated with both deep seated potassic alteration zones and within peripheral, propylitic altered stockworks and breccia zones. Based on the distribution of regional scale stream sediment copper geochemical anomalies and published technical information concerning the various known copper-gold prospects in the project area (technical data available from the BC Minfile database) there appear to be five main areas of interest within the BRC Property. For reference, these are referred to as the DOK 35 Area, the Teck Area, the Yeti Area, the Strata Creek Area and the Yehiniko East Area. According to the BC Ministry of Mines (BCMEM) Minfile database the known copper and gold mineral occurrences within the BRC Property exhibit mineralization and alteration characteristics typical of porphyry and stockwork type copper-gold deposits. These occurrences have been documented by various previous workers including Teck Corp., the Geological Survey of Canada, the Swiss Aluminum Mining Company, Schellex Gold Corp., and several other junior mining companies. Geological maps available online from the BCMEM confirm that the BRC Property is underlain by Stuhini Group volcanic rocks and various felsic intrusive rock units, which is the same geological setting that hosts the Galore Creek and Schaft Creek deposits. Regional scale stream sediment survey maps and regional scale airborne magnetic survey maps (available online from the BCMEM) also suggest geological similarities between the BRC Property and the Galore Creek and Schaft Creek areas. Assessment Report dated December 30, 2013 4 Based on the potential to expand known mineralized zones and identify new areas of mineralization, Brades acquired the BRC Property and has carried out several exploration programs. Since the Property was acquired in 2007 Brades has completed an airborne geophysical survey in the Strata Creek Area, repaired an existing air strip and constructed a base camp in the northeastern part of the property (Yeti Area), completed helicopter assisted programs of geological mapping and verification sampling within the Teck Area and the Yeti Area, prepared detailed 3D elevation models for the main areas of interest and completed a detailed structural interpretation to identify the structural controls on mineralization. Between May 1 and October30, 2013 Brades completed technical assessment work in the area referred to as the Doc 35 Area located in the western part of the BRC Property. This work included SOW No.5447737 recorded on May 9, 2013 related to technical work completed on the Teck Prospect in 2012 and four separate Statements of Work relating to technical work completed on the Doc 35 Prospect - SOW No.5453427 recorded on June 11, 2013, SOW No.5464789 recorded on August 27, 2013, SOW No.5474146 recorded on October 28, 2013 and SOW 5474763 recorded on October 30, 2013. The total cost of the exploration work completed for Brades Resources during 2013 was $115,000. The DOK 35 Area is located in the north western part of the BRC Property and consists of three known Minfile prospects which reportedly exhibit propylitic alteration and copper mineralization in andesitic volcanic rocks. Historic technical reports document prospecting programs and widely spaced geochemical sampling programs that identified numerous gossan zones and “copper in soil” anomalies including a 400 meter wide anomaly (referred to as the DOK 35 Prospect) that exhibits values ranging from 247 ppm to 800 ppm copper. It is also important to note that the western boundary of the DOK 35 Area adjoins a package of claims owned by unrelated parties (presently under option to Boxxer Gold Resources “Boxxer”) that cover the DOK Prospect (located immediately north of the boundary between Brades Property and Boxxer Resources Property). According to Boxxer the DOK Prospect consists of two strong copper in soil geochemical anomalies (one adjoining the property boundary and one located approximately 5 kilometers north of the property boundary) which have a strong IP response but which have not yet been drill tested. Previous exploration work at the DOK Prospect documents extensive biotite – feldspar alteration and trench sampling results of up to 0.66% copper over 38 meters. The style of alteration and tenor of mineralization reported at the DOK Prospect are similar to that encountered at Galore Creek; however, it is important to note that there is no assurance that similar mineralization will be identified within the claims that are the subject of this report. Regional stream geochemistry data shows elevated copper values in stream sediments draining the DOK 35 Area; however, the extent of the soil geochemical anomalies has not yet been