UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  FORM 10-KSB

                ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF
                      THE SECURITIES EXCHANGE ACT OF 1934

                  For the fiscal year ended MAY 31, 2006

               TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

     For the transition period from _________________ to __________________

                       Commission file number: 333-130394


                            STREAMSCAPE MINERALS INC.
                 (Name of small business issuer in its charter)



             Nevada    				     Applied For
    (State or other jurisdiction of     (I.R.S. Employer Identification No.)
     incorporation or organization)

                        455 Granville Street, Suite 500
                        Vancouver. B.C., Canada V6C 1T1
                    (Address of principal executive offices)

                                 (604) 771-3234
                           Issuer's telephone number

Securities to be registered pursuant to Section 12(b) of the Act:

	Title of each class           Name of each exchange on which
	to be so registered           each class is to be registered

              None	                           None

Securities to be registered pursuant to Section 12(g) of the Act:

                        	 Common Stock
(Title of Class)

Check whether the Issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.



<PAGE>
              Yes    X                               	No _____

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB.

              Yes    X	                                No _____

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).

	      Yes    X   				No _____


State issuer's revenues for its most recent fiscal year:    Nil

State the aggregate market value of the voting and non-voting common equity held
by non-affiliates computed by reference to the price at which the common equity
was sold, or the average bid and asked price of such common equity, as of a
specified date within the past 60 days.  (See definition of affiliate in Rule
12b-2 of the Exchange Act.)

      $802,400 as at September 7, 2006 based on the last sale price of our
                               common stock

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date.

        9,012,000   shares  of  common  stock  as  at September 7, 2006



























<PAGE>

                                      TABLE OF CONTENTS

                                                                           PAGE

ITEM 1:  DESCRIPTION OF BUSINESS..............................................4

ITEM 2:  DESCRIPTION OF PROPERTY..............................................8

ITEM 3:  LEGAL PROCEEDINGS....................................................8

ITEM 4:  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS..................8

ITEM 5:  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.............8

ITEM 6:  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION............8

ITEM 7:  FINANCIAL STATEMENTS................................................10

ITEM 8:  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND

	 FINANCIAL DISCLOSURES.............................................  19

ITEM 8A:  CONTROLS AND PROCEDURES............................................19

ITEM 9:  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS........19

ITEM 10:  EXECUTIVE COMPENSATION.............................................21

ITEM 11:  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.....21

ITEM 12:  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.....................22

ITEM 13:  EXHIBITS AND REPORTS...............................................22

ITEM 14:  PRINCIPAL ACCOUNTANT FEES AND SERVICES.............................23


























<PAGE>
PART I


ITEM 1:  DESCRIPTION OF BUSINESS

IN GENERAL

We have commenced operations as an exploration stage company.  An exploration
stage company is involved in the search for mineral deposits.  We own a 100%
undivided right, title and interest in and to the mineral property known as the
HR claims.  Our interest in the property consists of the right to explore for
and remove minerals from the property.  There is no assurance that a
commercially viable mineral deposit exists on the property.

Our plan of operation is to conduct exploration work on the HR claims in order
to ascertain whether it possesses economic quantities of gold, tungsten, tin and
molybdenum.  There can be no assurance that economic mineral deposits or
reserves exist on the HR claims until appropriate exploration work is done and
an economic evaluation based on such work concludes that production of minerals
from the property is economically feasible.

Even if we complete our proposed exploration programs on the HR claims and we
are successful in identifying a mineral deposit, we will have to spend
substantial funds on further drilling and engineering studies before we will
know if we have a commercially viable mineral deposit.

Mineral property exploration is typically conducted in phases.  Each subsequent
phase of exploration work is recommended by a geologist based on the results
from the most recent phase of exploration.  We have not yet commenced the
initial phase of exploration on the HR claims.  Once we have completed each
phase of exploration, we will make a decision as to whether or not we proceed
with each successive phase based upon the analysis of the results of that
program.  Our directors will make this decision based upon the recommendations
of the independent geologist who oversees the program and records the results.

LOCATION ACCESS AND CLIMATE

The HR claims are located at Horse Creek, east of Surprise Lake, approximately
35 kilometers northeast of Atlin District, British Columbia. The claims can be
accessed by small planes, local roads and water access to the Horse Creek area.
Summer months provide water access and snowmobiles provide access in winter.

The Atlin district enjoys warm summers, cold winters and only slight
precipitation of rain and snow in equal amounts. Permafrost is present in
sheltered areas and may become a slight impediment to mineral property
investigators.

PHYSIOGRAPHY

The HR claims are located in the valley of Horse Creek. Elevations vary from
Surprise Lake at 942 meter elevations upwards to the treeline at 1,250 meters.
The terrain features gentle slopes with thick growths of willow brush and berry
bushes, sparse evergreen and a dense growth of shrubs and underbrush. Surprise
Lake is at an elevation of 942 meters and nearby mountains rise to 2,000
meters.

PROPERTY AGREEMENT

On May 15, 2004, we entered into an agreement with Decoors Mining Corporation
whereby they sold a 100% undivided right, title and interest in and to the HR
claims to us for $3,500.  Decoors Mining Corporation is a private British
Columbia company owned by Peter Burjoski.

Decoors Mining Corporation holds these mineral claims in trust for us.  It is a
common procedure to have such claims held in trust given the expense that we
would incur in registering as a recorded claim holder and as an extra-provincial
company in British Columbia.  We can request that the claims be registered in




<PAGE>
our name at any time.

If the trustee becomes bankrupt or transfers the claims to a third party, we may
incur significant legal expenses in enforcing our interest in the claims in
British Columbia courts.

The registration of the claims in the name of a trustee does not impact a
third party's ability to commence an action against us respecting the HR claims
or to seize the claims after obtaining judgment.

Specifics of the eight mineral claims are as follows:

Claim Name         Claim Number     Date of Recording     Date of Expiry

HR 1                HR1409400       April 14, 2004        April 14, 2007
HR 2                HR1409401       April 14, 2004        April 14, 2007
HR 3                HR1409402       April 14, 2004        April 14, 2007
HR 4                HR1409403       April 14, 2004        April 14, 2007
HR 5                HR1409404       April 14, 2004        April 14, 2007
HR 6                HR1409405       April 14, 2004        April 14, 2007
HR 7                HR1409406       April 14, 2004        April 14, 2007
HR 8                HR1409407       April 14, 2004        April 14, 2007

The total area of the claims is 200 hectares.  The HR 1 - HR 8 claims expire on
April 14, 2006. We must complete at least $100 in exploration work on each claim
prior to the expiry date in order to extend the claim expiry date by one year.
Title to the claims may be extended on this basis in perpetuity, unless the
government changes the exploration work requirements, which is not anticipated.
Otherwise, we will lose our ownership of the claims comprising the HR claims.

INFRASTRUCTURE AND CONDITION OF THE PROPERTY

The HR claims are free of mineral workings.  There is no equipment or other
infrastructure facilities located on the property.  There is no power source
located on the property.  We will need to use portable generators if we require
a power source for exploration of the HR claims.

MINERALIZATION AND GEOLOGY

In this section, the following technical geological terms have the indicated
meanings:

Bedrock: solid rock that underlies loose material, such as soil, sand, clay, or
gravel

Outcrops: a portion of bedrock or other stratum protruding through the soil
level

Plutonic: eruptive or igneous rock consolidated at depth

Igneous rock: formed as a result of the hardening of lava or magma (molten rock)

Batholith: a well shaped body of large dimensions of plutonic rocks, mainly of
granitic kind

Sodic: relating to or containing sodium

Plagioclase: a common mineral in igneous rocks containing calcium, sodium,
aluminium, silicon and oxygen.

Quartz: a white or clear rock composed of silica and oxygen that is often found
in close proximity to gold

Potassium Feldspar: rock forming mineral containing potassium





<PAGE>

Tungsten: a hard, brittle, corrosion-resistant, gray to white metallic element
extracted from wolframite, scheelite, and other minerals, having the highest
melting point and lowest vapour pressure of any metal.

Tin: a malleable, silvery metallic element obtained chiefly from cassiterite

Fluorite: a mineral that is often fluorescent in ultraviolet light and occurs in
light green, blue, yellow, brown and colorless forms

Magnetite: the mineral form of black iron oxide, that often occurs with
magnesium, zinc, and manganese and is an important ore of iron

Uranium: a heavy silvery-white element, radioactive and toxic and easily
oxidized

The HR claims occupy the valley of Horse Creek at the central east side of
Surprise Lake. Bedrock outcrops are sparcly distributed but available geological
information indicates that the area is underlain by plutonic rocks of the
Surprise Lake batholith. This body of approximately 600 square kilometres
comprises coarse to very coarse grained sodic plagioclase, quartz and potassium
feldspar. The Surprise Lake batholith and its contact zones host several
tungsten, tin, fluorite, magnetite and uranium occurrences.

EXPLORATION HISTORY

British Columbia government data recorded that miners working with only
rudimentary tools and with a minimum of amenities obtained approximately 11
ounces of placer gold from the HR claims.  No other known exploration has been
conducted on these claims, other than initial exploration that we have conducted
on the claims.

There is no current exploration being conducted on the HR claims.  We have no
conducted any exploration on the claims to date, although we did spend $3,500 in
order to acquire our interest on the claims.

GEOLOGICAL REPORT

The geology report on the property was prepared by E.A. Ostensoe.

Mr. Ostensoe is a professional geoscientist who graduated from the University of
British Columbia with a bachelor of science degree in honors geology in 1960.
He has practiced his profession as a geologist for over 40 years in primarily
western and northern Canada, the western United States.  He is a member of the
Association of Professional Engineers and Geoscientists of the Province of
British Columbia.

Mr. Ostensoe's report states that careful prospecting is warranted on the HR
claims. The placer gold potential of the claims should be further explored using
modern tools.

He recommends conventional prospecting of the HR claims by a two-person team.
He estimates that wages, camp, transportation and analysis costs will be
approximately $10,000 for this phase one exploration program.  Prospecting
involves analyzing rocks on the property surface with a view to discovering
indications of potential mineralization.  We plan to conduct this phase one
exploration program in April 2006.  We estimate that the program, including
interpretation of results, will take approximately one month to complete.

Mr. Ostensoe recommends a phase two program upon the completion of phase one
that would consist of a preliminary evaluation of the placer mining
opportunities for the property.  Wages, mechanical equipment, camp and
transportation are estimated to cost $30,000.  Mr. Ostensoe has also
incorporated a $5,000 contingency allowance due to the uncertainty of access
routes, complications related to machinery and ground conditions along Horse
Creek.  We plan to conduct this phase two exploration program in the summer of





<PAGE>
2006.  We estimate that the program, including interpretation of results, will
take approximately two months to complete.


COMPLIANCE WITH GOVERNMENT REGULATION

We are required to comply with all regulations, rules and directives of
governmental authorities and agencies applicable to the exploration of minerals
in Canada generally, and in the British Columbia specifically. We have not
obtained any approvals or permits in order to complete the recommended phase one
and two exploration programs on the HR claims.  However, to engage in advanced
exploration phases, we will require work permits, the posting of bonds, and the
performance of remediation work for any significant physical disturbance to the
land.  Also, to operate a working mine in the jurisdiction, the Environmental
Assessment Act may require an environmental review process.  The cost of
complying with these regulations may cost as much as $100,000 during the course
of exploration that will be necessary to determine whether the HR claims contain
economic mineralization.

We will have to sustain the cost of reclamation and environmental mediation for
all exploration and development work undertaken.  Reclamation and environmental
mediation essentially means that we have to take steps to put the property
surface back in the same state as we initially found it.  These steps usually
include earth movement to fill any holes we create during exploration and tree
planting.

The amount of these costs is not known at this time as we do not know the extent
of the exploration program that will be undertaken beyond completion of the
currently planned work programs. Because there is presently no information on
the size, tenor, or quality of any resource or reserve at this time, it is
impossible to assess the impact of any capital expenditures on earnings or our
competitive position in the event a potentially economic deposit is discovered.

If we enter into production, the cost of complying with permit and regulatory
environment laws will be greater than in the exploration phases because the
impact on the project area is greater.  Permits and regulations will control all
aspects of any production program if the project continues to that stage because
of the potential impact on the environment. Examples of regulatory requirements
include:

      -     Water discharge will have to meet water standards;

      -     Dust generation will have to be minimal or otherwise re-mediated;

      -     Dumping of material on the surface will have to be re-contoured and
            re-vegetated;

      -     An assessment of all material to be left on the surface will
            need to be environmentally benign;

      -     Ground water will have to be monitored for any potential
            contaminants;

      -     The socio-economic impact of the project will have to be evaluated
            and if deemed negative, will have to be re-mediated; and
      -     There will have to be an impact report of the work on the local
            fauna and flora.

EMPLOYEES

We have no employees as of the date of this annual report other than our two
directors.

RESEARCH AND DEVELOPMENT EXPENDITURES






<PAGE>
We have not incurred any research or development expenditures since our
incorporation.


SUBSIDIARIES

We do not have any subsidiaries.

PATENTS AND TRADEMARKS

We do not own, either legally or beneficially, any patents or trademarks.

ITEM 2:  DESCRIPTION OF PROPERTY

We own a 100% undivided right, title and interest to explore and extract
minerals from the eight mineral claims comprising the HR claims.  We do not own
any real property interest in the HR claims or in any other property.

ITEM 3:  LEGAL PROCEEDINGS

There are no legal proceedings pending or threatened against us. Our address for
service  of  process in Nevada is 7251 Lake Mead Blvd,  Suite  300,  Las  Vegas,
Nevada, 89128


ITEM 4:  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

No matters were submitted during the fourth quarter of our fiscal year to a vote
of security holders, through the solicitation of proxies or otherwise.

PART II

ITEM 5: MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

MARKET INFORMATION

Our shares of  common  stock  do  not  trade  on any stock exchange or quotation
system.  We have retained a market maker to file an application for quotation on
the OTC Bulletin Board on our behalf.  However, there is not guarantee that this
application will be accepted.

We have 28 shareholders of record as at the date of this annual report.

DIVIDENDS

There  are  no  restrictions  in our articles of incorporation  or  bylaws  that
prevent us from declaring dividends.  The  Nevada  Revised Statutes, however, do
prohibit  us  from  declaring  dividends  where,  after  giving  effect  to  the
distribution of the dividend:

1.    we would not be able to pay our debts as they become due in the usual
      course of business; or

2.    our total assets would be less than the sum of our total  liabilities plus
      the amount that would be needed to satisfy the rights of shareholders  who
      have preferential rights superior to those receiving the distribution.

We  have not declared any dividends, and we do not plan to declare any dividends
in the foreseeable future.

ITEM 6: MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Our plan of operations for the twelve months following the date of this annual
report is to complete the recommended phase one and two exploration programs on
the HR claims.  We anticipate that the cost of these programs will total





<PAGE>
approximately $45,000.

Our budgets for the phase one and two exploration programs are as follows:

BUDGET - PHASE 1

Prospecting:  wages (2 people), camp, transportation and analyses

TOTAL PHASE I                                                 $10,000

BUDGET - PHASE 2

Preliminary Evaluation:  wages (3 people), mechanical equipment, camp and
transportaion

      TOTAL                                                  $30,000

      Contingency                                            $ 5,000

      TOTAL PHASE II                                         $35,000

GRAND TOTAL - PHASE I AND II                                 $45,000

We have not retained a geologist to conduct any of the anticipated exploration
work.  Mr. Ostensoe, the author of the geological report on the HR claims, has
indicated that he would be willing to conduct the proposed exploration programs
on our behalf, subject to his availability.  However, we do not have any
agreement with him in this regard.  His fees are included in the $45,000
exploration budget for the two phases.

In the next 12 months, we also anticipate spending an additional $20,000 on
administrative expenses, including fees payable in order for us to comply with
reporting obligations.

Total expenditures over the next 12 months are therefore expected to be $65,000.

While we have sufficient funds on hand to cover the phase one exploration costs,
we will require additional funding in order to complete the phase two
exploration program and to cover all of our anticipated administrative expenses
and to proceed with any subsequent exploration work on the HR claims.

We anticipate that additional funding will be required in the form of equity
financing from the sale of our common stock and from loans from our directors.
However, we cannot provide investors with any assurance that we will be able to
raise sufficient funding from the sale of our common stock to fund all of our
anticipated expenses.  We do not have any arrangements in place for any future
equity financing.

RESULTS OF OPERATIONS FOR THE PERIOD FROM INCEPTION THROUGH MAY 31, 2006

We have not earned any revenues from our incorporation on February 3, 2004
to May 31, 2006.  We do not anticipate earning revenues unless we enter into
commercial production on the HR claims, which is doubtful.  We have commenced
the exploration stage of our business but can provide no assurance that we will
discover economic mineralization on the property, or if such minerals are
discovered, that we will enter into commercial production.

We incurred operating expenses in the amount of $36,023 for the period from
our inception on February 3, 2004 to May 31, 2006.  These operating expenses
were comprised of donated rent of $6,750, donated services of $6,750, general
and administrative of $1,308, mineral property costs of $5,500 and professional
fees of $15,715.

We have not attained profitable operations and are dependent upon obtaining
additional financing to pursue exploration activities.  For these reasons, our





<PAGE>
auditors believe that there is substantial doubt that we will be able to
continue as a going concern.



ITEM 7:  FINANCIAL STATEMENTS





Streamscape Minerals, Inc.
(An Exploration Stage Company)

May 31, 2006

                                                                           Index

Report of Independent Registered Public Accounting Firm.....................F-1

Balance Sheets..............................................................F-2

Statements of Operations....................................................F-3

Statements of Cash Flows....................................................F-4

Statement of Stockholders' Equity...........................................F-5

Notes to the Financial Statements...........................................F-6











<PAGE>





REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of
Streamscape Minerals, Inc. (An Exploration Stage Company)

We have  audited  the  accompanying balance sheets of Streamscape Minerals, Inc.
(An Exploration Stage Company)  as  of  May  31,  2006  and 2005 and the related
statements of operations, cash flows and stockholders' equity for the years then
ended  and  accumulated from February 3, 2004 (Date and Inception)  to  May  31,
2006.  These financial  statements  are  the  responsibility  of  the  Company's
management.  Our  responsibility  is  to  express  an opinion on these financial
statements based on our audits.

We  conducted  our audits in accordance with standards  of  the  Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free  of material misstatement. An audit includes examining, on a
test basis, evidence supporting  the  amounts  and  disclosures in the financial
statements. An audit also includes assessing the accounting  principles used and
significant  estimates  made  by management, as well as evaluating  the  overall
financial  statement  presentation.   We  believe  that  our  audits  provide  a
reasonable basis for our opinion.

In our opinion, the financial statements  referred  to  above present fairly, in
all material respects, the financial position of Streamscape  Minerals, Inc. (An
Exploration Stage Company) as of May 31, 2006 and 2005 and the  results  of  its
operations,  cash  flows  and  stockholders' equity for the years then ended and
accumulated from February 3, 2004  (Date  of  Inception)  to  May  31,  2006, in
conformity with accounting principles generally accepted in the United States.

The  accompanying  financial  statements have been prepared assuming the Company
will continue as a going concern.  As  discussed  in  Note  1  to  the financial
statements,  the  Company  has generated no revenues and has accumulated  losses
from operations since inception. These factors raise substantial doubt about the
Company's ability to continue  as  a going concern. Management's plans in regard
to these matters are also discussed  in  Note 1. The financial statements do not
include any adjustments that might result from the outcome of this uncertainty.

MANNING ELLIOTT LLP

CHARTERED ACCOUNTANTS

Vancouver, Canada

August 15, 2006



                                      F-1


<PAGE>

Streamscape Minerals, Inc.
(An Exploration Stage Company)
Balance Sheets
(Expressed in US Dollars)


                                                         May 31,        May 31,
                                                           2006           2005
                                                           $            $

ASSETS

Current Assets

 Cash                                                      12,937         20,122
--------------------------------------------------------------------------------

Total Assets                                               12,937         20,122
--------------------------------------------------------------------------------


LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities

 Accounts Payable                                           3,410            215
 Accrued Liabilities (Note 4)                               6,250
                                                            5,500
--------------------------------------------------------------------------------

Total Liabilities                                           9,660          5,715
--------------------------------------------------------------------------------

Contingencies (Note 1)

Stockholders' Equity

Common Stock:
75,000,000 shares authorized with a par value of $0.001;    9,012          9,012
9,012,000 shares issued and outstanding

Additional Paid-in Capital                                 16,788         16,788

Donated Capital (Note 5)				   13,500          7,500

Deficit Accumulated During the Exploration Stage	  (36,023)	 (18,893)
--------------------------------------------------------------------------------

Total Stockholders' Equity                                  3,277         14,407
--------------------------------------------------------------------------------

Total Liabilities and Stockholders' Equity                 12,937         20,122
--------------------------------------------------------------------------------



  (The Accompanying Notes are an Integral Part of these Financial Statements)

                                      F-2


<PAGE>
Streamscape Minerals, Inc.
(An Exploration Stage Company)
Statements of Operations
(Expressed in US Dollars)


<TABLE>
<CAPTION>
                                                Accumulated from
<S>                                    <C> <C> <C>                 <C>           <C>
                                                February 3, 2004      For the     For the
                                               (Date of Inception)  Year Ended   Year Ended
                                                   to May 31,         May 31,     May 31,
                                                      2006             2006         2005
                                                        $                $           $


Revenue                                                 -                    -            -

Expenses

 Donated rent (Note 5)                              6,750                3,000        3,000
 Donated services (Note 5)                          6,750                3,000        3,000
 General and administrative                         1,308                1,130          167
 Mineral property costs                             5,500                    -        2,000
 Professional fees                                 15,715               10,000        5,500

 Total Expenses                                    36,023               17,130       13,667

Net Loss                                         (36,023)             (17,130)     (13,667)


Net Loss Per Share - Basic and Diluted                                      -            -


Weighted Average Shares Outstanding                                 9,012,000    7,664,000
</TABLE>



  (The Accompanying Notes are an Integral Part of these Financial Statements)

                                      F-3


<PAGE>
Streamscape Minerals, Inc.
(An Exploration Stage Company)
Statements of Cash Flows
(Expressed in US Dollars)


<TABLE>
<CAPTION>
                                                Accumulated from
<S>                                            <C>                 <C>        <C>
                                                February 3, 2004    For the    For the
                                               (Date of Inception) Year Ended Year Ended
                                                   to May 31,       May 31,    May 31,
                                                      2006            2006       2005
                                                        $              $          $


Operating Activities

Net loss                                          (36,023)           (17,130)   (13,667)

Adjustment to reconcile net loss to cash

   Donated expenses                                 13,500              6,000      6,000

    Change in operating assets and liabilities

    Accounts payable and accrued liabilities         9,660              3,945      5,500

    Net Cash Used in Operating Activities          (12,863)            (7,185)    (2,167)

    Financing Activities

    Issuance of common stock for cash               25,800                  -     20,800

Net Cash Provided by Financing Activities           25,800                  -     20,800

Increase (Decrease) in Cash                         12,937            (7,185)     18,633

Cash - Beginning of Period                               -             20,122      1,489

Cash - End of Period                                12,937             12,937     20,122


Supplemental Disclosures

 Interest paid                                           -                  -          -
 Income taxes paid                                       -                  -          -

</TABLE>


  (The Accompanying Notes are an Integral Part of these Financial Statements)

                                      F-4


<PAGE>
Streamscape Minerals, Inc.
(An Exploration Stage Company)
Statements of Stockholders' Equity
For the period from February 3, 2004 (Date of inception) to May 31, 2006
(Expressed in US dollars)


<TABLE>
<CAPTION>
                                                                                             Deficit
<S>                                                   <C>       <C>    <C>        <C>      <C>         <C>
                                                                                           Accumulated
                                                                       Additional          During the
                                                       Common           Paid-in   Donated  Exploration
                                                        Stock   Amount  Capital   Capital     Stage         Total
                                                          #       $        $         $          $             $
Balance - February 3, 2004 (Date of inception)                -      -          -        -       -              -

May 21, 2004 - issued for cash at $0.001 per share    5,000,000  5,000          -        -       -          5,000

Donated services and rent                                     -      -          -    1,500       -          1,500

Net loss for the period                                       -      -          -        -  (5,226)        (5,226)

Balance - May 31, 2004                                5,000,000  5,000          -    1,500  (5,226)         1,274

August 19, 2004 - issued for cash at $0.001 per share 2,400,000  2,400          -        -       -          2,400

December 3, 2004 - issued for cash at $0.01 per share 1,600,000  1,600     14,400        -       -          16,000

February 8, 2005 - issued for cash at $0.20 per share    12,000     12      2,388        -       -          2,400

Donated services and rent                                     -      -          -    6,000       -          6,000

Net loss for the year                                         -      -          -        - (13,667)       (13,667)

Balance - May 31, 2005                                9,012,000  9,012     16,788    7,500 (18,893)        14,407

Donated services and rent                                     -      -          -    6,000       -          6,000

Net loss for the year                                         -      -          -        - (17,130)       (17,130)

Balance - May 31, 2006                                9,012,000  9,012     16,788   13,500 (36,023)         3,277
</TABLE>




  (The Accompanying Notes are an Integral Part of these Financial Statements)

                                      F-5


<PAGE>


Streamscape Minerals, Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Expressed in US Dollars)


1.  Nature of Operations and Continuance of Business


   The Company was incorporated in the State  of Nevada on February 3, 2004. The
   Company has acquired a 100% interest in eight  mineral  claims located in the
   Atlin Mining Division, British Columbia, Canada.

   The  Company  is  an  Exploration Stage Company, as defined by  Statement  of
   Financial Accounting Standard  ("SFAS")  No.7  "Accounting  and  Reporting by
   Development  Stage  Enterprises".  The  Company's  principal business is  the
   acquisition  and  exploration  of  mineral  resources. The  Company  has  not
   presently determined whether its properties contain mineral reserves that are
   economically recoverable.

   These financial statements have been prepared on a going concern basis, which
   implies the Company will continue to realize  its  assets  and  discharge its
   liabilities in the normal course of business. The Company has never generated
   revenues since inception and has never paid any dividends and is  unlikely to
   pay  dividends  or generate earnings in the immediate or foreseeable  future.
   The continuation  of  the  Company  as  a going concern is dependent upon the
   continued financial support from its shareholders, the ability of the Company
   to obtain necessary equity financing to continue  operations, confirmation of
   the Company's interests in the underlying properties,  and  the attainment of
   profitable operations. As at May 31, 2006, the Company has accumulated losses
   of  $36,023  since inception. These financial statements do not  include  any
   adjustments to  the  recoverability  and  classification  of  recorded  asset
   amounts and classification of liabilities that might be necessary should  the
   Company  be  unable  to  continue  as  a  going  concern. These factors raise
   substantial doubt regarding the Company's ability  to  continue  as  a  going
   concern.

   The  Company  filed  an  SB-2  Registration  Statement with the United States
   Securities and Exchange Commission on December  12,  2005,  that was declared
   effective on February 27, 2006, to register 4,012,000 shares  of common stock
   for  resale  by  existing shareholders of the Company.  The Company  did  not
   receive any proceeds from the resale of shares of common stock by the selling
   stockholders.


2.  Summary of Significant Accounting Policies

   (a)Basis of Presentation

      These financial  statements  and related notes are presented in accordance
      with accounting principles generally  accepted  in  the United States, and
      are expressed in US dollars. The Company's fiscal year-end is May 31.

   (b)Use of Estimates

      The  preparation  of  financial statements in conformity  with  accounting
      principles generally accepted  in the United States requires management to
      make estimates and assumptions that  affect the reported amounts of assets
      and liabilities and disclosure of contingent assets and liabilities at the
      date of the financial statements and the  reported amounts of revenues and
      expenses  during  the  periods. Actual results  could  differ  from  those
      estimates.

   (c)Cash and Cash Equivalents

      The Company considers all  highly  liquid  instruments  with a maturity of
      three months or less at the time of issuance to be cash equivalents.

   (d)Basic and Diluted Net Income (Loss) Per Share

      The Company computes net income (loss) per share in accordance  with  SFAS
      No.  128, "Earnings per Share". SFAS No. 128 requires presentation of both
      basic  and  diluted  earnings  per  share  (EPS) on the face of the income
      statement. Basic EPS is computed by dividing  net  income (loss) available
      to  common  shareholders  (numerator)  by the weighted average  number  of
      shares outstanding (denominator) during  the  period.  Diluted  EPS  gives
      effect  to  all  dilutive  potential  common shares outstanding during the
      period using the treasury stock method  and  convertible  preferred  stock
      using the if-converted method. In computing Diluted EPS, the average stock
      price  for  the period is used in determining the number of shares assumed
      to be purchased  from  the  exercise of stock options or warrants. Diluted
      EPS  excludes  all dilutive potential  shares  if  their  effect  is  anti
      dilutive.




<PAGE>



Streamscape Minerals, Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Expressed in US Dollars)

   (e)Financial Instruments

      The fair value of  financial  instruments,  which  include  cash, accounts
      payable and accrued liabilities approximate their carrying values  due  to
      the  immediate  or  short-term  maturity  of  these financial instruments.
      Management  does  not  believe  the  Company  is  subject  to  significant
      currency, credit, or interest risk.

2.  Summary of Significant Accounting Policies (continued)

   (f)Foreign Currency Translation

      The  Company's  functional  and reporting currency is  the  United  States
      dollar. Monetary assets and liabilities  denominated in foreign currencies
      are  translated  in  accordance  with  SFAS  No.   52   "Foreign  Currency
      Translation",  using  the  exchange  rate prevailing at the balance  sheet
      date. Gains and losses arising on translation  or  settlement  of  foreign
      currency   denominated  transactions  or  balances  are  included  in  the
      determination  of  income.  Foreign  currency  transactions  are primarily
      undertaken in Canadian dollars. The Company has not, to the date  of these
      financials  statements, entered into derivative instruments to offset  the
      impact of foreign currency fluctuations.

   (g)Comprehensive Loss

      SFAS No. 130,  "Reporting Comprehensive Income," establishes standards for
      the reporting and  display of comprehensive loss and its components in the
      financial statements.  As  at  May  31,  2006 and 2005, the Company has no
      items that represent comprehensive loss and, therefore, has not included a
      schedule of comprehensive loss in the financial statements.

   (h)Mineral Property Costs

      The Company has been in the exploration stage since its formation on March
      1, 2004 and has not yet realized any revenues from its planned operations.
      It  is  primarily engaged in the acquisition  and  exploration  of  mining
      properties.  Mineral  property exploration costs are expensed as incurred.
      Mineral property acquisition costs are initially capitalized when incurred
      using the guidance in EITF  04-02, "Whether Mineral Rights Are Tangible or
      Intangible Assets". The Company assesses the carrying costs for impairment
      under SFAS 144, "Accounting for  Impairment  or  Disposal  of  Long  Lived
      Assets"  at  each  fiscal  quarter end. When it has been determined that a
      mineral property can be economically developed as a result of establishing
      proven and probable reserves,  the costs incurred to develop such property
      are  capitalized.  Such  costs  will  be  amortized  using  the  units-of-
      production method over the estimated  life  of  the  probable  reserve. If
      mineral properties are subsequently abandoned or impaired, any capitalized
      costs will be charged to operations.

   (i)Long-Lived Assets

      In  accordance  with  SFAS  No.  144,  "Accounting  for the Impairment  or
      Disposal  of Long-Lived Assets", the carrying value of  intangible  assets
      and other long-lived  assets  is  reviewed  on  a  regular  basis  for the
      existence  of  facts  or  circumstances  that  may suggest impairment. The
      Company  recognizes impairment when the sum of the  expected  undiscounted
      future cash  flows  is  less  than  the  carrying  amount  of  the  asset.
      Impairment  losses,  if  any,  are  measured as the excess of the carrying
      amount of the asset over its estimated fair value.

   (j)Income Taxes

      Potential benefits of income tax losses are not recognized in the accounts
      until realization is more likely than  not.  The  Company has adopted SFAS
      No.  109  "Accounting for Income Taxes" as of its inception.  Pursuant  to
      SFAS No. 109 the Company is required to compute tax asset benefits for net
      operating losses  carried  forward.  Potential  benefit  of  net operating
      losses have not been recognized in these financial statements  because the
      Company  cannot be assured it is more likely than not it will utilize  the
      net operating losses carried forward in future years.








<PAGE>



Streamscape Minerals, Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Expressed in US Dollars)

   (k)Recent Accounting Pronouncements

      In 2006, the FASB has issued SFAS No. 155 "Accounting for Certain Hybrid
      Financial Instruments - an amendment of FASB Statements No. 133 and 140"
      and No. 156 "Accounting for Servicing of Financial Assets - an amendment
      of FASB Statement No. 140", but they will not have a material effect in
      the Company's results of
      operations  or financial position. Therefore, a description and its impact
      for each on the  Company's operations and financial position have not been
      disclosed.

3.    Mineral Property

   The Company entered into  an  Agreement  dated May 15, 2004 to acquire a 100%
   interest  in  eight  mineral claims located in  the  Atlin  Mining  Division,
   British Columbia, Canada,  in  consideration for $3,500. Title to the mineral
   claims remains in the name of the  vendor,  who holds the claims in trust for
   the Company.


4. Accrued Liabilities

   At May 31, 2006, accrued liabilities of $6,250  consists  of  $5,000 of legal
   fees and $1,250 of accounting and audit fees.


5. Related Party Transactions

   During the fiscal year ended May 31, 2006, the Company recognized  a total of
   $3,000  (2005  -  $3,000)  for  donated services at $250 per month and $3,000
   (2005 - $3,000) for donated rent  at $250 per month provided by the President
   of the Company.


6. Common Stock


      a) On August 19 2004, the Company  issued 2,400,000 shares of common stock
         at a price of $0.001 per share for cash proceeds of $2,400.

      b) On December 3, 2004 the Company issued 1,600,000 shares of common stock
         at a price of $0.01 per share for cash proceeds of $16,000.

      c) On February 8, 2005 the Company issued 12,000 shares of common stock at
         a price of $0.20 per share for cash proceeds of $2,400.


7. Income Taxes


   Potential benefits of income tax losses  are  not  recognized in the accounts
   until realization is more likely than not. The Company has non-capital losses
   carried forward totalling $22,500 for US tax purposes,  which expire starting
   in  2024.  Pursuant to SFAS No. 109 the Company is required  to  compute  tax
   asset benefits for net operating losses carried forward. Potential benefit of
   net operating  losses  have not been recognized in these financial statements
   because the Company cannot  be  assured  it  is  more likely than not it will
   utilize the net operating losses carried forward in  future  years.  For  the
   years  ended  May  31,  2006  and  2005,  the valuation allowance established
   against the deferred tax assets increased by $3,885 and $2,695 respectively.




<PAGE>


Streamscape Minerals, Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Expressed in US Dollars)

   The components of the net deferred tax asset at May 31, 2006 and 2005 and the
   statutory tax rate, the effective tax rate  and  the  elected  amount  of the
   valuation allowance are scheduled below:

                                    May 31,  May 31,
                                     2006     2005
                                       $        $

 Net Operating Loss Carry forwards  22,500   11,400

 Statutory Tax Rate                     35%      35%

 Effective Tax Rate                    -        -

 Deferred Tax Asset                  7,875    3,990

 Valuation Allowance                (7,875)  (3,990)
-----------------------------------------------------

 Net Deferred Tax Asset                -        -
-----------------------------------------------------



ITEM  8:   CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON ACCOUNTING AND
FINANCIAL DISCLOSURE

None.

ITEM 8A:  CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS

We evaluated the effectiveness of our disclosure controls and procedures as of
the end of the 2006 fiscal year.  This evaluation was conducted with the
participation of our chief executive officer and our principal accounting
officer.

Disclosure controls are controls and other procedures that are designed to
ensure that information that we are required to disclose in the reports we file
pursuant to the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported.

LIMITATIONS ON THE EFFECTIVE OF CONTROLS

Our management does not expect that our disclosure controls or our internal
controls over financial reporting will prevent all error and fraud.  A control
system, no matter how well conceived and operated, can provide only reasonable,
but no absolute, assurance that the objectives of a control system are met.
Further, any control system reflects limitations on resources, and the benefits
of a control system must be considered relative to its costs.  These limitations
also include the realities that judgments in decision-making can be faulty and
that breakdowns can occur because of simple error or mistake.  Additionally,
controls can be circumvented by the individual acts of some persons, by
collusion of two or more people or by management override of a control.  A
design of a control system is also based upon certain assumptions about
potential future conditions; over time, controls may become inadequate because
of changes in conditions, or the degree of compliance with the policies or
procedures may deteriorate.  Because of the inherent limitations in a cost-
effective control system, misstatements due to error or fraud may occur and may
not be detected.

CONCLUSIONS

Based upon their evaluation of our controls, the chief executive officer




<PAGE>


and principal accounting officer have concluded that, subject to the limitations
noted above, the disclosure controls are effective providing reasonable
assurance that material information relating to us is made known to management
on a timely basis during the period when our reports are being prepared.  There
were no changes in our internal controls that occurred during the quarter
covered by this report that have materially affected, or are reasonably likely
to materially affect our internal controls.

                                    PART III

ITEM 9:  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS

Our executive officer and director and his respective age as of the date of this
annual report is as follows:

DIRECTOR:

NAME OF DIRECTOR                 AGE
---------------------           -----
Ezio Montagliani                 48
Peter Keller                     43

EXECUTIVE OFFICERS:

NAME OF OFFICER                  AGE            OFFICE
---------------------           -----           -------
Ezio Montagliani                 48             President, CEO
and Director

Peter Keller                     43             Secretary and Treasurer
                                                and Director

BIOGRAPHICAL INFORMATION

Set forth below is a brief description of the background and business experience
of our executive officer and director for the past five years.

MR. EZIO MONTAGLIANI has acted as our president, chief executive officer, and a
director since our incorporation on February 3, 2004.  Since June 1995, he has
been self-employed as the principal of Spark Holdings Inc., a private company
involved in project development.  The company's current projects involve the
development of a mobile home park in West Edmonton, Alberta, a security software
company in Vancouver, British Columbia and a video compression technology
company in Los Angeles.

Mr. Montagliani does not have any professional training or technical
credentials in the exploration, development and operation of mines.

Mr. Montagliani intends to devote approximately 25% of his business time, or
approximately ten hours per week, to our affairs.

MR. PETER KELLER has acted as our secretary, treasurer and a director since our
incorporation on February 3, 2004. Since April 1992, Mr. Keller has acted as the
principal of The Candle Man, a proprietorship involved in the manufacture and
distribution of candles.

Mr. Keller does not have any professional training or technical credentials in
the exploration, development and operation of mines.

Mr. Montagliani intends to devote approximately 25% of his business time, or
approximately ten hours per week, to our affairs.





<PAGE>


TERM OF OFFICE

Our directors are appointed for a one-year term to hold office until the next
annual general meeting of our shareholders or until removed from office in
accordance with our bylaws.  Our officers are appointed by the board of
directors and will hold office until removed by the board.

SIGNIFICANT EMPLOYEES

We have no significant employees other than the officers and directors described
above.

SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

Section 16(a) of the Exchange Act requires our executive officers and directors,
and persons who beneficially own more than 10% of our equity securities, to file
reports of ownership and changes in ownership with the Securities and Exchange
Commission. Officers, directors and greater than 10% shareholders are required
by SEC regulation to furnish us with copies of all Section 16(a) forms they
file. Based on our review of the copies of such forms we received, we believe
that during the fiscal year ended December 31, 2005 all such filing requirements
applicable to our officers and directors were complied with exception that
reports were filed late by the following persons:


				       Number	Transactions   Known Failures
                                       Of late	Not Timely     To File a
Name and principal position            Reports  Reported       Required Form
----------------------------------     -------	------------   --------------
Ezio Montagliani                       0          0            1
(President CEO and director)

Peter Keller                           0          0            1
(Secretary, treasurer and director)


ITEM 10:  EXECUTIVE COMPENSATION

SUMMARY COMPENSATION TABLE

The table below summarizes all compensation awarded to, earned by, or
paid to our executive officers by any person for all services rendered in all
capacities to us for the fiscal period from our inception on February 3, 2004 to
May 31, 2006.

			 ANNUAL COMPENSATION

                                  OTHER RESTRICTED OPTIONS/ LTIP    OTHER
                                        STOCK      SARS     PAYOUTS COMP
NAME    TITLE   YEAR SALARY BONUS COMP. AWARDED    (#)      ($)
_______________________________________________________________________
Ezio    Pres.   2006   $0     0      0      0       0       0       0
Montag- CEO     2005   $0     0      0      0       0       0       0
liani   & Dir

Peter   Sec.    2006   $0     0      0      0       0       0       0
Keller  Tres.   2005   $0     0      0      0       0       0       0
        & Dir

STOCK OPTION GRANTS

We have not granted any stock options to the executive officer since our
inception.



<PAGE>




CONSULTING AGREEMENTS

We do not have any employment or consulting agreement with Mr. Montagliani or
Mr. Keller. We do not pay them any amount for acting as directors.

ITEM  11:   SECURITY  OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT  AND
RELATED STOCKHOLDER MATTERS

The following table provides the names and addresses of each person known to us
to own more than 5% of our outstanding common stock as of the date of this
annual report, and by the officer and director, individually and as a group.
Except as otherwise indicated, all shares are owned directly.

                                                AMOUNT OF
TITLE OF       NAME AND ADDRESS                 BENEFICIAL     PERCENT
CLASS          OF BENEFICIAL OWNER              OWNERSHIP      OF CLASS

COMMON         Ezio Montagliani                 2,500,000      27.7%
STOCK          President, Chief
               Executive Officer
               and Director
               550 Beatty St., Suite 412
               Vancouver, BC

COMMON         Peter Keller                     2,500,000      27.7%
STOCK          Secretary and Treasurer
               and Director
               455 Granville St., Suite 500
               Vancouver, BC V3W 1C4

COMMON         All officers and directors       5,000,000      55.4%
STOCK          as a group that consists of
               one person

The percent of class is based on 9,012,000 shares of common stock issued and
outstanding as of the date of this annual report.

ITEM 12:  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

On May 21, 2004, we issued 2,500,000 shares of our common stock at $0.001 per
share to each of our president, Ezio Montagliani, and our secretary and
treasurer, Peter Keller.

From our inception on February 3, 2004 to August 31, 2006, we recognized a total
of $6,750 in donated rent and $6,750 in donated services from our president,
Ezio Montagliani.

Mr. Montagliani provides management services and office premises to us free of
charge. The donated services are valued at $250 per month and the donated office
premises are valued at $250 per month. During the period from our inception on
February 3, 2004 to August 31, 2006, donated services of $6,750 and donated rent
expense of $6,750 were charged to operations.

Otherwise, none of the following parties has, since our date of incorporation,
had any material interest, direct or indirect, in any transaction with us or in
any presently proposed transaction that has or will materially affect us:

  *  Any of our directors or officers;
  *  Any person proposed as a nominee for election as a director;
  *  Any person who beneficially owns, directly or indirectly, shares
     carrying more than 10% of the voting rights attached to our
     outstanding shares of common stock;




<PAGE>


  *  Our promoters, Ezio Montagliani and Peter Keller
  *  Any member of the immediate family of any of the foregoing
     persons.

ITEM 13:  EXHIBITS AND REPORTS

Exhibits

Exhibit
Number             Description

  3.1     Articles of Incorporation
  3.2     Bylaws
 10.1     Mineral Property Purchase Agreement dated May 14, 2005
 31.1     Certification pursuant to Rule 13a-14(a) under the
          Securities Exchange Act of 1934
 31.2     Certification pursuant to Rule 13a-14(a) under the
          Securities Exchange Act of 1934
 32.1     Certification pursuant to 18 U.S.C. Section 1350, as
          adopted pursuant to Section 906 of the Sarbanes-Oxley Act
          of 2002
 32.2     Certification pursuant to 18 U.S.C. Section 1350, as
          adopted pursuant to Section 906 of the Sarbanes-Oxley Act
          of 2002
99.1      Claims location map


*  filed as an exhibit to our SB-2 dated December 16, 2005

Reports on Form 8-K

We did not file any reports on Form 8-K during the last fiscal quarter of 2006.

ITEM 14:  PRINCIPAL ACCOUNTANT FEES AND SERVICES

Our principal accountants, Manning Elliott, Chartered Accountants, rendered
invoices to us during the fiscal periods indicated for the following fees and
services:

                                Period from February 3,   Fiscal year ended
                                 2004 to May 31, 2005       May 31, 2006

Audit fees                             Nil                  $6,000
Audit-related fees                     Nil                     Nil
Tax fees                               Nil                     Nil
All other fees                         Nil                     Nil

Audit fees consist of fees related to professional services rendered in
connection with the audit of our annual financial statements, the review of the
financial statements included in each of our quarterly reports on Form 10-QSB.

Our policy is to pre-approve all audit and permissible non-audit services
performed by the independent accountants.  These services may include audit
services, audit-related services, tax services and other services.  Under our
audit committee's policy, pre-approval is generally provided for particular
services or categories of services, including planned services, project based
services and routine consultations.  In addition, we may also pre-approve
particular services on a case-by-case basis.  We approved all services that our
independent accountants provided to us in the past two fiscal years.





<PAGE>


SIGNATURES

Pursuant to the requirements of Section 13 and 15 (d) of the Securities Exchange
Act of 1934, the Registrant  has  duly  caused  this  report to be signed on its
behalf by the undersigned, thereunto duly authorized.

Streamscape Minerals Inc.


By      /s/ Ezio Montagliani
        Ezio Montagliani
        President, CEO & Director
        Date: September 7, 2006

In  accordance  with the Securities Exchange Act, this report  has  been  signed
below by the following persons on behalf of the registrant and in the capacities
and on the dates indicated.


By      /s/ Peter Keller
        Peter Keller
        Secretary, Treasurer, Director and CFO
        Date: September 7, 2006