Dawson-El Plomo Property

Zephyr holds a 100% interest in mineral claims in Colorado, USA, collectively referred to as the Dawson-El Plomo property (the “Property”). The Dawson section (“Dawson”), located at the eastern end of the Property comprises an advanced gold project with exploration potential. The El Plomo section (“El Plomo”) is located to the west of Dawson 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.