***DRC*** ***Resources Corporation***
 ***#601
- 595 Howe Street, Vancouver, B. C. V6C 2T5***
 ***Telephone:
(604) 687-1629 ~ Fax: (604) 687-2845***
 ***E-mail
address: drcresources@uniserve.com***
 ***Website:
drcresources.com***
 ***TSX
Symbol: DRC***
 
 
 
 October
12, 2004
  CHRISTOPHER
J. BRADBROOK
  87
Selgrove Crescent
 Oakville,
ON
 L6L
1L2
 
 **OFFER
OF EMPLOYMENT**
 
 Dear
Chris:
 
 Further
to our recent discussions we are pleased to invite you to join the executive
team and the Board of Directors of DRC Resources Corporation (The Company). Upon
joining the Company you will assume the title of President and Chief Executive
Officer (CEO).
 
 The terms
of your employment would be as follows:
 
 **Goal
of Position**
 
 The
overall responsibility of the President and CEO will be to **achieve
the primary objective of realizing maximum Shareholder
value** and it
will be your responsibility to devise, explore, and implement, all strategies
required to do so.
 
 **Priorities,
Tasks and Roles to be performed**
 
 1.
    Explore
      all options available to the Company to achieve its primary objective.
      These will include ensuring that the Company is sufficiently staffed and
      financially able to develop the Afton Project into a mine. These will also
      include establishing relationships with other industry participants to
      investigate potential strategic partnerships and acquisitions of, or by,
      the Company.
 
 2.
    To
      achieve the primary objective of the Company it will be essential to
      maximize the liquidity and price of the Company’s shares. It will be your
      responsibility to develop and implement an investor relations program to
      do this. In doing so you will attract analyst coverage and market the
      Company to institutional and retail
investors.
 
 3.
    You
      will be the official spokesperson and principal representative of the
      Company.
 
 4.
    Identify
      and hire the necessary staff required by the Company to achieve its
      primary objective.
 
 5.
    Ensure
      all regulatory compliance and industry practices are adhered
      to.
 
 6.
    Identify
      and recommend potential new board members who could be instrumental in
      enabling the Company to achieve its primary
objective.
 . .
../2
 
 **Christopher
J. Bradbrook**
 **October
12, 2004**
 
 **Initial
Strategy**
 
 The
Company is currently undervalued relative to its peers and the first task will
be to aggressively, and rapidly, increase investor and analyst awareness of the
investment opportunity, which the Company represents. The three major markets
initially targeted will be USA, Canada, and Europe.
 
 Specifically,
meetings will be held with all necessary analysts to introduce the Company. Road
trips will be organized to introduce the Company to institutional investors
through group presentations and one-on-one meetings. This will be done using,
where appropriate, the assistance of brokers, independent public relations
companies, and other organizations. The Company will attend and actively
participate in all relevant investor conferences.
 
 Explore
other avenues for increasing the Company’s profile, including, but not limited
to, various media forums, newsletter writers and other market
commentators.
 
 Strengthen,
as required, the technical team developing the Afton project. It is anticipated
that the initial task required to do this will be to identify an appropriate
candidate as VP, Operations or Chief Operating Officer.
 
 Identify
and provide solutions for any critical issues affecting the development of the
Afton project.
 
 Develop
relationships with other mining and development companies who could enable the
Company to achieve its primary objective by being potential acquirers of, or
strategic partners of the Company, or which could be acquired by the
Company.
 
 Provide
regular updates to the board of directors on all progress in these strategic
matters and keep the Board informed of material issues.
 
 Ensure
that the Company’s Standard of Business Conduct (a copy which has been given to
you) is maintained by all employees, consultants, contractors, etc.
 
 **Location**
 
 Due to
the city’s position as the world’s major mining financial centre in the world,
you will establish an office in Toronto, to adequately provide the support
required to perform the role of President and CEO.
 
 **Salary
and Benefits**
 
 1.
    Your
      initial base salary will be $250,000 per annum with a review in June 2005.
      Salary to be paid twice monthly in equal installments, and until January
      2005, you will bill the Company on a consulting basis. In addition, you
      will be entitled to an annual performance bonus of up to 40% of the base
      salary. The actual bonus earned will be based upon the achievement of
      individual and corporate targets, as determined annually in conjunction
      with the Company’s Executive and Corporate Governance Committee and
      approved by the Board of Directors.
 
 2.
    You
      will be granted incentive stock options to purchase 600,000 common shares
      of the Company at the closing market price of the Company’s shares on the
      date of acceptance of this offer. Closing price: $4.60. Terms and
      conditions as outlined in the Option Agreement and subject to regulatory
      approval.
 
 
 . .
../3
 Page
2
 **Christopher
J. Bradbrook**
 **October
12, 2004**
 
 3.
    You
      will be entitled to the free use and provision of executive benefits,
      which the Company offers as a result of holding a senior management
      position. Until such time as the Company’s extended health and benefit
      plan is available, DRC agrees to pay your monthly health and long-term
      disability plan premiums.
 
 4.
    Annual
      vacation entitlement of twenty (20) working
days.
 
 5.
    The
      aforementioned details will be incorporated into an employment agreement,
      which will include provisions, whereby, in the event of termination of
      employment, without cause, or, in the event of a change in control by
      merger or purchase of the Company, you would be entitled to receive a
      severance payment equal to three times your annual
      compensation.
 
 6.
    Commencement
      of employment will be on October 25, 2004.
 
 **Insurance**
 
 The
Company will maintain a policy of Executive and Organization Liability Insurance
and agrees to increase the coverage to a minimum of $5 million and Commercial
General Liability Insurance and Workers Compensation Board
coverage.
 
 **Others**
 
 1.
    You
      will have prior approval for the press release disclosing your appointment
      as President and Chief Executive Officer and
Director.
 
 2.
    As
      a condition of your employment with DRC Resources Corporation, you will
      work for the Company on a full-time basis and you will not act as a
      director or officer for other publicly traded companies without prior DRC
      Board approval.
 
 Should
the above terms meet with your approval, please sign and return the enclosed
copy of this letter.
 
 **We
look forward to working with you to unlock shareholder value and create
awareness that DRC Resources Corp. is a world-class Copper and Gold
company.**
 
 Yours
Sincerely,
 
 DRC
Resources Corp.
 
 
 
 
 John
Kruzick,
 President
and CEO
 
 Above
Offer of Employment accepted and agreed
 
 Per:
 
 
 
 
 Christopher
J. Bradbrook
 Dated
October 12, 2004
  Page
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