This report summarises the work completed in MEP 52844, Waikaia Valley by Glass Earth during the reporting period March 2012 to March 2013. A total of 34 drill holes were completed and assayed for gold during the reporting period. Work also included the excavation and analysis of four bulk test pits. Gold mineralisation within the permit has been found to occur within a course gravel layer. The grade, extent, continuity and depth of this gold bearing unit has been modelled for through the results the drilling and bulk sampling program. This mineral resource has been classified as an Inferred Mineral Resource with an average grade of 493 mg/m3 and an inferred mineral resource statement has been tabulated.