----

| x      | QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2013 |
|--------|---------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                  |
| OR     |                                                                                                                                  |
|   |                                                                                                                                  |
| o      | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934                                              |

| Nevada                                           | 98-0439650                           |
|--------------------------------------------------|--------------------------------------|
| (State or other jurisdiction of incorporation or | (I.R.S. Employer Identification No.) |
| organization)                                    |                                 |

|   | Large Accelerated Filer                     | o      |   | Accelerated Filer         | o |
|--------|---------------------------------------------|--------|--------|---------------------------|---|
|   | Non-accelerated Filer                       | o      |   | Smaller Reporting Company | x |
|   | (Do not check if smaller reporting company) |   |   |                      |

----

----

| PART I – FINANCIAL INFORMATION                                                                |   |
|-----------------------------------------------------------------------------------------------------|--------|
|                                                                                                |   |
| ITEM 1. FINANCIAL STATEMENTS.                                                                       | 3      |
|                                                                                                |   |
| ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 15     |
|                                                                                                |   |
| ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK                                  | 20     |
|                                                                                                |   |
| ITEM 4. CONTROL AND PROCEDURES                                                                      | 21     |
|                                                                                                |   |
| PART II – OTHER INFORMATION                                                                   |   |
|                                                                                                |   |
| ITEM 1. LEGAL PROCEEDINGS                                                                           | 21     |
|                                                                                                |   |
| ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES                                                     | 22     |
|                                                                                                |        |
| ITEM 3. DEFAULTS UPON SENIOR SECURITIES                                                             | 22     |
|                                                                                                |        |
| ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                                         | 22     |
|                                                                                                |        |
| ITEM 5. OTHER INFORMATION                                                                           | 22     |
|                                                                                                |        |
| ITEM 6. EXHIBITS                                                                                    | 22     |

----

|                                             |   | December 31,2013 |       |   | March 31,2013 |   |
|--------------------------------------------------|--------|------------------|------------|--------|---------------|--------|
|                                             |   | (unaudited)      |       |   |               |   |
| ASSETS                                           |   |                  |       |   |               |   |
|                                             |   |                  |       |   |               |   |
| Current assets                                   |   |                  |       |   |               |   |
| Cash                                             |   | $                | 14,567     |   |          | $      | 188,607 |   |
| Prepaid expenses                                 |   |             | -          |   |          |   | 2,462 |   |
| HST receivable                                   |   |             | 11,068     |   |          |   | 8,750 |   |
|                                             |   |             | 25,635     |   |          |   | 199,819 |   |
|                                             |   |             |       |   |          |   |   |   |
| Non-current assets                               |   |             |       |   |          |   |   |   |
| Unproved mineral properties                      |   |             | 23,505     |   |          |   | 957,980 |   |
| IVA receivable                                   |   |             | -          |   |          |   | 256,057 |   |
|                                             |   | $                | 49,140     |   |          | $      | 1,413,856 |   |
|                                             |   |             |       |   |          |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT      |   |             |       |   |          |   |   |   |
|                                             |   |             |       |   |          |   |   |   |
| Current liabilities                              |   |             |       |   |          |   |   |   |
| Trade payables                                   |   | $                | 384,219    |   |          | $      | 119,471 |   |
| Accrued liabilities                              |   |             | 45,930     |   |          |   | 48,782 |   |
| Interest payable                                 |   |             | 395,576    |   |          |   | 363,721 |   |
| Loans                                            |   |             | 1,587,258  |   |          |   | 2,726,912 |   |
|                                             |   |             | 2,412,983  |   |          |   | 3,258,886 |   |
|                                             |   |             |       |   |          |   |   |   |
| Stockholders’ deficit                      |   |             |       |   |          |   |   |   |
| Common stock: $0.001 par value, authorized       |   |             |       |   |          |   |   |   |
| shares, 37,431,000 issued and outstanding        |   |             |       |   |          |   |   |   |
| (March 31, 2013 – 12,563,702)              |   |             | 37,431     |   |          |   | 1,095,536 |   |
| Obligation to issue shares                       |   |             | 60,291     |   |          |   | 166,165 |   |
| Additional paid-in capital                       |   |             | 2,649,715  |   |          |   | 150,372 |   |
| Deficit accumulated during the exploration stage |   |             | (5,289,952 | )      |          |   | (3,293,571 | ) |
| Cumulative translation adjustment                |   |             | 178,672    |   |          |   | 36,468 |   |
|                                             |   |             | (2,363,843 | )      |          |   | (1,845,030 | ) |
|                                             |   | $                | 49,140     |   |          | $      | 1,413,856 |   |

----

|                                         |   | 3 months ended December 31, |       |   | 9 months ended December 31, |   |       | From August 16,2006 (Inception)to December 31, |   |
|----------------------------------------------|--------|-----------------------------|------------|--------|-----------------------------|--------|------------|------------------------------------------------|--------|
|                                         |   | 2013                        |       |   | 2012                        |   |       | 2013                                           |   |   | 2012 |   |   | 2013 |   |
| Expenses                                     |   |                             |       |   |                             |   |       |                                                |   |   |  |   |   |  |   |
|                                         |   |                             |       |   |                             |   |       |                                                |   |   |  |   |   |  |   |
| Consulting fees                              |   | $                           | 168,141    |   |                        | $      | 800        |                                           |   | $ | 383,335 |   |   | $ | 20,700 |   |   | $ | 423,103 |   |
| Depreciation                                 |   |                        | -          |   |                        |   | -          |                                           |   |   | 87 |   |   |   | - |   |   |   | 87 |   |
| Filing fees                                  |   |                        | 9,886      |   |                        |   | -          |                                           |   |   | 32,434 |   |   |   | 3,955 |   |   |   | 78,491 |   |
| Investor relations                           |   |                        | -          |   |                        |   | (20,000    | )                                              |   |   | - |   |   |   | 2,000 |   |   |   | 3,803 |   |
| Management fees                              |   |                        | 17,322     |   |                        |   | 7,500      |                                           |   |   | 27,145 |   |   |   | 22,500 |   |   |   | 222,646 |   |
| Mineral exploration  costs              |   |                        | 161,966    |   |                        |   | 5,235      |                                           |   |   | 359,888 |   |   |   | 24,167 |   |   |   | 1,940,900 |   |
| Office and miscellaneous                     |   |                        | 2,650      |   |                        |   | 5,814      |                                           |   |   | 16,402 |   |   |   | 16,277 |   |   |   | 208,739 |   |
| Professional fees                            |   |                        | 45,377     |   |                        |   | 2,770      |                                           |   |   | 47,445 |   |   |   | 2,770 |   |   |   | 505,506 |   |
| Stock-based compensation                     |   |                        | -          |   |                        |   | -          |                                           |   |   | - |   |   |   | - |   |   |   | 154,334 |   |
| Travel and promotion                         |   |                        | 15,756     |   |                        |   | 4,655      |                                           |   |   | 53,778 |   |   |   | 13,037 |   |   |   | 99,427 |   |
| Loss before other items                      |   |                        | (421,098   | )      |                        |   | (6,774     | )                                              |   |   | (920,514 | ) |   |   | (105,406 | ) |   |   | (3,637,036 | ) |
| Other items                                  |   |                        |       |   |                        |   |       |                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Foreign exchange gain (loss) realized        |   |                        | 12,205     |   |                        |   | -          |                                           |   |   | 2,057 |   |   |   | - |   |   |   | 2,057 |   |
| Gain on debt settlement                      |   |                        | 25,968     |   |                        |   | -          |                                           |   |   | 1,176,328 |   |   |   | - |   |   |   | 1,176,328 |   |
| Interest expense                             |   |                        | (160,597   | )      |                        |   | (90,104    | )                                              |   |   | (325,486 | ) |   |   | (208,999 | ) |   |   | (868,602 | ) |
| Mineral property impairment                  |   |                        | (957,980   | )      |                        |   | -          |                                           |   |   | (957,980 | ) |   |   | - |   |   |   | (991,913 | ) |
| Impairment of IVA receivable                 |   |                        | (263,707   | )      |                        |   | -          |                                           |   |   | (263,706 | ) |   |   | - |   |   |   | (263,707 | ) |
|                                         |   |                        |       |   |                        |   |       |                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                     |   | $                           | (1,765,209 | )      |                        | $      | (96,878    | )                                              |   | $ | (1,289,301 | ) |   | $ | (314,405 | ) |   | $ | (4,582,873 | ) |
|                                         |   |                        |       |   |                        |   |       |                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Other comprehensive loss:                    |   |                        |       |   |                        |   |       |                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Translation gain                             |   |                        | 47,401     |   |                        |   | (4,283     | )                                              |   |   | 142,204 |   |   |   | (12,850 | ) |   |   | 178,672 |   |
|                                         |   |                        |       |   |                        |   |       |                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive loss                           |   | $                           | (1,717,808 | )      |                        | $      | (101,161   | )                                              |   | $ | (1,147,097 | ) |   | $ | (327,255 | ) |   | $ | (4,582,873 | ) |
|                                         |   |                        |       |   |                        |   |       |                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss per share – basic and diluted     |   | $                           | (0.01      | )      |                        | $      | (0.01      | )                                              |   | $ | (0.03 | ) |   | $ | (0.02 | ) |   |   |   |   |
|                                         |   |                        |       |   |                        |   |       |                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of sharesoutstanding |   |                        | 37,431,000 |   |                        |   | 12,940,367 |                                           |   |   | 37,431,000 |   |   |   | 12,940,367 |   |   |   |   |   |

----

|                                              |   | Common Stock |        |   |         |   |       |            |   |   |            |   |   |               |     |   |             |   |     |             |   |
|---------------------------------------------------|--------|--------------|-------------|--------|---------|--------|------------|------------|--------|--------|------------|--------|--------|---------------|----------|--------|-------------|--------|----------|-------------|--------|
|                                              |   |              |        |   |         |   |       | Additional |   |   | Obligation |   |   |               |     |   |             |   |     | Cumulative  |   |   |  |   |
|                                              |   | Number of    |        |   |         |   |       | Paid-in    |   |   | to issue   |   |   | Subscriptions |     |   | Accumulated |   |     | Translation |   |   |  |   |
|                                              |   | Shares#      |        |   | Amount$ |   |       | Capital$   |   |   | Shares$    |   |   | Receivable$   |     |   | Deficit$    |   |     | Adjustment$ |   |   | Total$ |   |
| Balance at August 16, 2006 (Inception)            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | - |   |
| Common stock issued for cash                      |   |         | 9,372,500   |   |    |   | 558,157    |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 558,157 |   |
| Stock-based compensation                          |   |         | -           |   |    |   | -          |       |   |   | 150,372    |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 150,372 |   |
| Subscriptions receivable                          |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | (275,569 | )           |   |   | - |   |   |   | - |   |   |   | (275,569 | ) |
| Net loss for the year                             |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | (296,251 | ) |   |   | - |   |   |   | (296,251 | ) |
| Translation adjustment                            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | 11,881 |   |   |   | 11,881 |   |
| Balance at March 31, 2007                         |   |         | 9,372,500   |   |    |   | 558,157    |       |   |   | 150,372    |   |   |          | -        |   |        |   | (275,569 | )           |   |   | (296,251 | ) |   |   | 11,881 |   |   |   | (148,590 | ) |
| Subscriptions receivable                          |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | 78,988   |        |   |   | - |   |   |   | - |   |   |   | 78,988 |   |
| Obligation to issue shares                        |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | 50,340   |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 50,340 |   |
| Net loss for the year                             |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | (207,264 | ) |   |   | - |   |   |   | (207,264 | ) |
| Translation adjustment                            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | 25,577 |   |   |   | 25,577 |   |
| Balance at March 31, 2008                         |   |         | 9,372,500   |   |    |   | 558,157    |       |   |   | 150,372    |   |   |          | 50,340   |   |        |   | (196,581 | )           |   |   | (503,515 | ) |   |   | 37,458 |   |   |   | 96,231 |   |
| Common stock issued for cash                      |   |         | 1,605,400   |   |    |   | 390,754    |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 390,754 |   |
| Subscriptions receivable                          |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | 196,581  |        |   |   | - |   |   |   | - |   |   |   | 196,581 |   |
| Shares issued                                     |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | (50,340  | )      |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | (50,340 | ) |
| Net loss for the year                             |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | (470,751 | ) |   |   | - |   |   |   | (470,751 | ) |
| Translation adjustment                            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | (42,709 | ) |   |   | (42,709 | ) |
| Balance at March 31, 2009                         |   |         | 10,977,900  |   |    |   | 948,911    |       |   |   | 150,372    |   |   |          | -        |   |        |   | -        |        |   |   | (974,266 | ) |   |   | (5,251 | ) |   |   | 119,766 |   |
| Common stock issued for cash                      |   |         | 1,200,000   |   |    |   | 111,169    |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 111,169 |   |
| Common stock issued-loan arrangements             |   |         | 70,400      |   |    |   | 6,577      |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 6,577 |   |
| Net loss for the year                             |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | (211,221 | ) |   |   | - |   |   |   | (211,221 | ) |
| Translation adjustment                            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | 20,680 |   |   |   | 20,680 |   |
| Balance at March 31, 2010                         |   |         | 12,248,300  |   |    |   | 1,066,657  |       |   |   | 150,372    |   |   |          | -        |   |        |   | -        |        |   |   | (1,185,487 | ) |   |   | 15,429 |   |   |   | 46,971 |   |
| Common stock issued-loan arrangements             |   |         | 272,066     |   |    |   | 24,674     |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 24,674 |   |
| Net loss for the year                             |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | (342,281 | ) |   |   | - |   |   |   | (342,281 | ) |
| Translation adjustment                            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | (13,045 | ) |   |   | (13,045 | ) |
| Balance at March 31, 2011                         |   |         | 12,520,366  |   |    |   | 1,091,331  |       |   |   | 150,372    |   |   |          | -        |   |        |   | -        |        |   |   | (1,527,768 | ) |   |   | 2,384 |   |   |   | (283,681 | ) |
| Common stock issued- loan arrangements            |   |         | 43,336      |   |    |   | 4,205      |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 4,205 |   |
| Obligation to issue shares                        |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | 30,906   |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 30,906 |   |
| Net loss for the year                             |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | (453,888 | ) |   |   | - |   |   |   | (453,888 | ) |
| Translation adjustment                            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | 16,971 |   |   |   | 16,971 |   |
| Balance at March 31, 2012                         |   |         | 12,563,702  |   |    |   | 1,095,536  |       |   |   | 150,372    |   |   |          | 30,906   |   |        |   | -        |        |   |   | (1,981,656 | ) |   |   | 19,355 |   |   |   | (685,487 | ) |
| Obligation to issue shares                        |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | 135,259  |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 135,259 |   |
| Net loss for the year                             |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | (1,311,915 | ) |   |   | - |   |   |   | (1,311,915 | ) |
| Translation adjustment                            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | (17,133 | ) |   |   | (17,133 | ) |
| Balance at March 31, 2013                         |   |         | 12,563,702  |   |    |   | 1,095,536  |       |   |   | 150,372    |   |   |          | 166,165  |   |        |   | -        |        |   |   | (3,293,571 | ) |   |   | 36,468 |   |   |   | (1,845,030 | ) |
| Conversion of loans                               |   |         | 6,338,423   |   |    |   | 6,338      |       |   |   | 627,170    |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 633,508 |   |
| Bonus shares issued                               |   |         | 1,720,004   |   |    |   | 1,720      |       |   |   | 164,154    |   |   |          | (165,874 | )      |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | - |   |
| Share exchange and recapitalization:              |   |         |        |   |    |   |       |       |   |   |       |   |   |          |     |   |        |   |     |        |   |   |   |   |   |   |   |   |   |   | - |   |
| Debt conversion                                   |   |         | 5,000,000   |   |    |   | 5,000      |       |   |   | 563,002    |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 568,002 |   |
| Shares cancelled of WSI                           |   |         | (17,957,680 | )      |    |   | (17,958    | )          |   |   | 17,958     |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | - |   |
| Shares issued to former shareholders of Rio Plata |   |         | 28,000,000  |   |    |   | 28,000     |       |   |   | 562,445    |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 590,445 |   |
| Recapitalization adjustment                       |   |         | 466,551     |   |    |   | (1,082,505 | )          |   |   | (73,809    | )      |   |          | -        |   |        |   | -        |        |   |   | (707,080 | ) |   |   | - |   |   |   | (1,863,395 | ) |
| Forgiveness of related party debt                 |   |         | -           |   |    |   | -          |       |   |   | 509,723    |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 509,723 |   |
| Compensation expense                              |   |         | 1,300,000   |   |    |   | 1,300      |       |   |   | 128,700    |   |   |          | 60,000   |   |        |   | -        |        |   |   | - |   |   |   | - |   |   |   | 190,000 |   |
| Net loss for the period                           |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | (1,289,301 | ) |   |   | - |   |   |   | (1,289,301 | ) |
| Translation adjustment                            |   |         | -           |   |    |   | -          |       |   |   | -          |   |   |          | -        |   |        |   | -        |        |   |   | - |   |   |   | 142,204 |   |   |   | 142,204 |   |
| Balance at December 31, 2013                      |   |         | 37,431,000  |   |    |   | 37,431     |       |   |   | 2,649,715  |   |   |          | 60,291   |   |        |   | -        |        |   |   | (5,289,952 | ) |   |   | 178,672 |   |   |   | (2,363,843 | ) |

----

|                                         |   |                                |       |   | From August 16,  |   |
|----------------------------------------------|--------|--------------------------------|------------|--------|------------------|--------|
|                                         |   |                                |       |   | 2006 (Inception) |   |
|                                         |   | Six months ended September 30, |       |   | to September 30, |   |
|                                         |   | 2013                           |       |   | 2012             |   |   | 2013 |   |
|                                         |   |                                |       |   |                  |   |   |  |   |
| Cash flows used in operating activities:     |   |                                |       |   |                  |   |   |  |   |
| Net income (loss)                            |   | $                              | (1,289,301 | )      |             | $      | (224,940 | ) |   | $ | (4,582,872 | ) |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
| Items not affecting cash:                    |   |                           |       |   |             |   |   |   |   |   |   |   |
| Accretion of loans                           |   |                           | 86,036     |   |             |   | 3,123 |   |   |   | 197,555 |   |
| Stock-based compensation                     |   |                           | -          |   |             |   | - |   |   |   | 154,334 |   |
| Accrued interest                             |   |                           | 233,157    |   |             |   | - |   |   |   | 625,021 |   |
| Gain on debt settlement                      |   |                           | (1,176,328 | )      |             |   | - |   |   |   | (1,176,328 | ) |
| Consulting fees                              |   |                           | 190,000    |   |             |   |   |   |   |   | 190,000 |   |
| Impairment of mineral property               |   |                           | 957,980    |   |             |   |   |   |   |   | 957,980 |   |
| Impairment of IVA receivable                 |   |                           | 263,707    |   |             |   |   |   |   |   | 263,707 |   |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
| Changes in working capital:                  |   |                           |       |   |             |   |   |   |   |   |   |   |
| HST receivable                               |   |                           | (15,268    | )      |             |   | - |   |   |   | (279,263 | ) |
| Prepaid expenses                             |   |                           | 2,462      |   |             |   | 3,926 |   |   |   | (21 | ) |
| Accrued liabilities                          |   |                           | (3,376     | )      |             |   | - |   |   |   | 45,765 |   |
| Accounts payable                             |   |                           | 255,234    |   |             |   | 187,879 |   |   |   | 372,198 |   |
| Net cash used in operating activities        |   |                           | (495,697   | )      |             |   | (30,011 | ) |   |   | (3,231,924 | ) |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
| Cash flows used in investing activities:     |   |                           |       |   |             |   |   |   |   |   |   |   |
| Mineral property acquisition                 |   |                           | (23,505    | )      |             |   | - |   |   |   | (981,485 | ) |
| Net cash used in investing activities        |   |                           | (23,505    | )      |             |   | - |   |   |   | (981,485 | ) |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
| Cash flows provided by financing activities: |   |                           |       |   |             |   |   |   |   |   |   |   |
| Issuance of common stock                     |   |                           | -          |   |             |   | - |   |   |   | 1,095,536 |   |
| Short term loans                             |   |                           | 434,960    |   |             |   | 27,881 |   |   |   | 3,200,742 |   |
| Net cash provided by financing activities    |   |                           | 434,960    |   |             |   | 27,881 |   |   |   | 4,296,278 |   |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
| Effects of foreign currency translation      |   |                           | (89,798    | )      |             |   |   |   |   |   | (68,302 | ) |
|                                         |   |                           |       |   |             |   | - |   |   |   |   |   |
| Decrease in cash                             |   |                           | (174,040   | )      |             |   | 2,130 |   |   |   | 14,567 |   |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
| Cash, beginning of period                    |   |                           | 188,607    |   |             |   | 2,165 |   |   |   | - |   |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
| Cash, end of period                          |   | $                              | 14,567     |   |             | $      | 35 |   |   | $ | 14,567 |   |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
|                                         |   |                           |       |   |             |   |   |   |   |   |   |   |
| Interest paid in cash                        |   | $                              | -          |   |             | $      | - |   |   |   |   |   |
| Income taxes paid in cash                    |   | $                              | -          |   |             | $      | - |   |   |   |   |   |

----

| Cash                                     |   | $      | 67       |   |
|------------------------------------------|--------|--------|----------|--------|
| Equipment                                |   |   | 87       |   |
| Accounts payable and accrued liabilities |   |   | (446,543 | )      |
| Loans and advances payable               |   |   | (144,056 | )      |
|                                     |   | $      | (590,445 | )      |

----

----

|                        |   | Metates |     |   | Solomon Pillars |   |   | Total Unproved mineralproperties |   |
|-----------------------------|--------|---------|----------|--------|-----------------|--------|--------|----------------------------------|--------|
| Beginning of period         |   |    | 495,236  |   |            |   | -      |                             |   |   | 495,236 |   |
| Acquisition-option payments |   |    | 462,744  |   |            |   | -      |                             |   |   | 462,744 |   |
| March 31, 2013              |   |    | 957,980  |   |            |   | -      |                             |   |   | 957,980 |   |
|                        |   |    |     |   |            |   |   |                             |   |   |   |   |
| Beginning of period         |   |    | 957,980  |   |            |   | -      |                             |   |   | 957,980 |   |
| Acquisition-option payments |   |    | -        |   |            |   | 23,505 |                             |   |   | 23,505 |   |
| Impairment                  |   |    | (957,980 | )      |            |   | -      |                             |   |   | (957,980 | ) |
|                        |   |    |     |   |            |   |   |                             |   |   |   |   |
| December 31, 2013           |   |    | -        |   |            |   | 23,505 |                             |   |   | 23,505 |   |
| $ | 750,000   |   | (paid);                           |
|---|-----------|--------|-----------------------------------|
| $ | 450,000   |   | Due July 15, 2013 (not paid); and |
| $ | 2,000,000 |   | Due July 15, 2014.                |
| $ | 450,000   |   | Due July 15, 2013 (not paid);   |
|---|-----------|--------|---------------------------------|
| $ | 600,000   |   | Due January 15, 2014(not paid); |
| $ | 650,000   |   | Due July 15, 2014;              |
| $ | 750,000   |   | Due January 15, 2015; and       |
| $ | 2,000,000 |   | Due January 15, 2016.           |

----

| $              CAD25,000 | Upon signing the Option Agreement (paid);                                   |
|-------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------|
| $              CAD30,000 | Due November 5, 2014 (In cash or shares at the Company’s option); and |
| $              CAD40,000 | Due November 5, 2015 (In cash or shares at the Company’s option).     |
|                                  | Maturity Date          |   | December 31,2013 |   | March 31,2013 |
|---------------------------------------|------------------------|--------|------------------|--------|---------------|
|                                  |                   |   |             |   |          |
| Short term loans payable - face value | 12/31/10 (i),(ii),(iv) | $      | 23,975           | $      | 78,768        |
|                                  | 01/31/11 (i),(ii),(iv) |   | -                |   | 50,214        |
|                                  | 03/01/11 (i),(ii),(iv) |   | -                |   | 5,908         |
|                                  | 03/31/11 (i),(ii),(iv) |   | 51,617           |   | 178,262       |
|                                  | 08/31/11 (i),(ii),(iv) |   | 108,123          |   | 113,229       |
|                                  | 12/31/12 (i),(ii),(iv) |   | 249,153          |   | 457,839       |
|                                  | 08/17/13 (i),(ii),(iv) |   | -                |   | 393,840       |
|                                  | 12/31/13 (ii)          |   | -                |   | 147,690       |
|                                  | 04/30/14 (ii)          |   | 1,105,158        |   | 1,388,286     |
|                                  | On demand (iii)        |   | 49,232           |   | -             |
| Unamortized equity consideration      |                   |   | -                |   | (87,124)      |
| Balance                               |                   | $      | 1,587,258        | $      | 2,726,912     |

----

| (i) | At December 31, 2013 these loans had matured, are in default and are due on demand. |
|-----|-------------------------------------------------------------------------------------|

| (ii) | Accrues interest at 15% per annum, calculated semi-annually and are unsecured. |
|------|--------------------------------------------------------------------------------|

| (iii) | Due to a director of the Company, is non interest bearing and is unsecured. |
|-------|-----------------------------------------------------------------------------|

| (iv) | As additional consideration, bonus common shares are to be issued to the lenders. Management estimated the fair value of the shares based on inputs such as the most recent share subscriptions. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (v) | The loans may be converted to common shares of the Company at the option of the holder at the Company’s next financing at the same terms of the financing. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ITEM 2. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. |
|---------|----------------------------------------------------------------------------------------------|

----

----

----

----

| 1. | Lack of proper segregation of duties due to limited personnel. |
|----|----------------------------------------------------------------|

| 2. | Lack of a formal review process that includes multiple levels of review, resulting in adjustments related to common stock, unrecorded liabilities and share based compensation. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Exhibit | Exhibit                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------|
| Number  | Description                                                                                                 |
|    |                                                                                                        |
| 31.1    | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
|    |                                                                                                        |
| 31.2    | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002      |
|    |                                                                                                        |
| 32.1    | Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002          |
|    |                                                                                                        |
| 32.2    | Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002          |
|    |                                                                                                        |

----

|                | Silver Stream Mining Corp.            |
|---------------------|---------------------------------------|
|                |                                  |
|                |                                  |
| Date: June 23, 2014 | TERRENCE BYBERG                       |
|                | Terrence Byberg                       |
|                | President and Chief Executive Officer |
|                |                                  |
| Date: June 23, 2014 | DONALD BOSSERT                        |
|                | Donald Bossert                        |
|                | Chief Financial Officer               |