JC-Smart Tin, Yukon, Canada

INTRODUCTION

Tin is used in many alloys, such as those for soldering, and as corrosion-resistant plating on steel. Due to its low toxicity, tin-plated metal is also used for food packaging. Some products such as solders used in the production of electronics are moving to be lead-free, and tin use in these products is therefore expected to increase.

The Yukon tin properties were staked in October 2005 and comprise four claim groups: Smart, Cass, Seagull and Stan properties. Brett has a 100% interest in these properties totaling 32 claims on 668 hectares. The Smart property covers the known extent of the JC deposit, one of numerous stanniferous skarns replacing Permian marbles in the vicinity of the Mid-Cretaceous Seagull Batholith. Previous operators described the JC deposit as containing 1.25 Mt grading 0.54% tin, using a 0.30% tin cutoff (Layne, 1991; Econ. Geol. Vol. 86). Note: The stated estimate of tin resources at JC is quoted from historical reports prepared prior to the introduction of the current standards for ore resource estimation as defined in National Instrument 43-101. While the historical resource estimate is considered relevant; no details of how it was derived are available; it has not been review by a Qualified Professional and it should not be relied upon. Brett accepts no responsibility for its accuracy.

LOCATION AND INFRASTRUCTURE

The properties are located in the Dorsey Range of the Cassiar Mountains. They are located 35 kilometres northwest of Swift River and195 kilometres southeast of Whitehorse in the Yukon Territory, Canada. The properties line up roughly on an east-west line 15 kilometre long, approximately 5 kilometres north of Dorsey Lake. Access to all the properties is by helicopter. The Alaska Highway runs nearly east -- west approximately 30 kilometres south of the properties. The city of Whitehorse is the government centre for the Yukon and has a population of 33,000. The city is located 200 kilometres west-northwest of the properties. It is a full service city and many of the businesses that provide services to the mining industry are headquartered in the city.

GEOLOGY AND MINERALIZATION

The area of the Brett Resources' tin prospects is within the Ominica Crystalline Belt of the northern Cordillera. In the general area of the properties occur sedimentary rocks of lower Carboniferous age and older Swift River Group belonging to the Yukon -- Tanana Terrane. These are unconformably overlain by sediments and volcanic fragmental rocks of the Carboniferous to Permian age Klinkit Group of the Overlap Assemblages. These stratigraphic groups are intruded by granites and monzonites of the mid - Cretaceous age Seagull Batholith.

At the Smart property, quartzite and carbonate are intruded by a ridge like lobe of Seagull Batholith granite. The carbonate horizon is 30 - 35 metres thick. The granite lobe and carbonate horizon strike east southeast and dip approximately 23 degrees south. Tin bearing skarn has developed in the carbonate just above the contact with the granite. The skarn horizon and underlying intrusion are disrupted by northeast striking, steeply dipping faults. The skarn zone is traceable for 850 metres along strike. It extends up dip from the granite contact for 70 to 100 metres. The down dip extension of the skarn is over 90 metres and remains open. On some sections the entire thickness of the carbonate is replaced by skarn. The surrounding quartzite is generally not altered.

At the Cass property, argillite and limestone are intruded by granitic rocks of the Seagull Batholith. Tin bearing skarn mineralization occurs in greisen altered fracture zones and zones of parallel quartz carbonate veins up to 25 metres wide.

At the Seagull property, intermediate to felsic volcanics, argillite, quartzite and limestone are intruded by granites of the Seagull Batholith. Mineralization consists of quartz, tourmaline and various sulphides with enhanced tin values in east - west trending, south dipping fracture zones.

At the Stan property, quartz monzonite of the Seagull Batholith intrude sediments and volcaniclastics of the Klinkit Group. Skarn zones have developed in limey horizons close to the intrusive contact.

EXPLORATION HISTORY

The JC deposit was extensively explored from 1977-1982 by a syndicate operated by Cominco Ltd. on behalf of Dome Exploration Canada Ltd. (the "DC Syndicate"). At the JC a total of 33 diamond drill holes totaling 3,822 metres were used to outline the historical resource quoted above.

Brett staked three additional properties within an eight kilometre radius of the Smart, including the Cass 1-10, Seagull 1-4 and Stan 1-4 claims.

The Cass property overlies the Smith prospect where Dupont of Canada drilled a total of 1,588 metres in 10 holes between 1980 and 1984, intersecting up to 0.4% tin, 2.0% zinc and 10.2 g/t silver over two metres.

The Stan property was located to cover the Tin Can showing where surface sampling conducted by the DC Syndicate in 1978-81 returned up to 1.2% tin and 0.5% tungsten oxide across 2.1 metres. A magnetic skarn zone at least 365 metres long, open to the west, is coincident with a tin soil anomaly with values up to 85 ppm.

The Seagull property overlies the CUSP showing where Dupont of Canada drilled 5 holes totaling 914 metres in 1979-80. Drilling intersected two intervals of one metre that assayed 0.4% and 0.2% tin. An extensive tin soil anomaly with anomalous zinc covers a 500 by 500 metre area and is open to the east. A quartz vein 20 to 40 centimetre wide over 100 metres had 5.40% tin in a grab and 0.61% over 0.7 metres. Other veins had tin assays of 1.52% over 0.9 m and 1.40% over 1.2 metres.

A three week program of mapping, sampling and geophysics was undertaken in July 2006 to confirm and extend mineralization identified by previous operators, with a view to laying groundwork for a possible core drilling program. The program was successful in confirming the validity of prior results.