Dawson-Green Mountain Property

Zephyr holds a 100% interest in mineral claims in Colorado, USA, collectively referred to as the Dawson-Green Mountain property (the “Property”). The Dawson section (“Dawson”), located at the eastern end of the Property comprises an advanced gold project with exploration potential. The Green Mountain section (“Green Mountain”), located at the western end of the Project, is prospective for copper and gold. The El Plomo section (“El Plomo”) forms the central portion of the Property and is believed to be prospective for Broken Hill Type (“BHT”) silver-lead-zinc mineralization. The Company’s objective is to explore and evaluate these mineral claims to determine whether the properties contain economic resources warranting a development program.