12

                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB


(X  )     QUARTERLY  REPORT  PURSUANT  TO  SECTION  13 OR 15(D) OF THE SECURITES
EXCHANGE  ACT  OF  1934

For  the  quarterly  period  ended          March  31,  2001
                                            ----------------

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

For  the  transition  period  from                          to

Commission  File  number               0-30142
                                       -------


                         ZEB  ORO  EXPLORATIONS  INC.
                         ----------------------------
                      (Exact  name  of  registrant  as  specified  in  charter)


          Nevada                                               98-0205944
          ------                                     --------------------
(State  or  other  jurisdiction of                       (I.R.S.Employer
incorporation  or  organization)                         Identification No.)

269  Robson  Place
Delta,  BC,  Canada                                                V4M 3P3
-------------------                                           ------------------
(Address  of  principal executive offices)                        (Zip Code)

                                         604-943-0468
               --------------------------------------
               Registrant's  telephone  number,  including  area  code


          (Former  name, address, and fiscal year, if changed since last report)

     Indicate  by  check  mark  whether the registrant (1) has filed all reports
required  to  be  filed by Section 13 or 15(d) of the Securities Exchange Act of
1934  during  the  preceding  12  months  (or  for  such shorter period that the
registrant  was  required to file such reports),  Yes [X]   No [  ] and (  ) has
been  subject  to  filing  requirements for the past 90 days.   Yes [X]  No [  ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate  the  number  of  shares outstanding of each of the issuer's classes of
common  stock,  as  of  the  last  practicable  date.

                Class                    Outstanding  as  of  March  31,  2001
             ----------                    -------------------------------------
     Common  Stock, $0.001  per  share                11,025,000


                                      -1-
<PAGE>


                                      INDEX

<TABLE>
<CAPTION>




<S>      <C>                                                  <C>

PART 1.                                                       Page Number
-------                                                       -----------


ITEM 1.  Financial Statements (unaudited)                               3
-------  ---------------------------------------------------  -----------


         Balance Sheet as at March 31, 2001 and
         December 31, 2000                                              4
         ---------------------------------------------------  -----------


         Statement of Operations
         For the three months ended March 31, 2001, for the
         three months ended March 31, 2000, and for
         the period from March 4, 1999 (Date of
         Inception) to March 31, 2001                                   5
         ---------------------------------------------------  -----------


         Notes to the Financial Statements                              8
         ---------------------------------------------------  -----------


ITEM 2.  Plan of Operations                                            11
-------  ---------------------------------------------------  -----------


PART II  Signatures                                                    12
-------  ---------------------------------------------------  -----------
</TABLE>




















                                      -2-
<PAGE>



                         PART 1 - FINANCIAL INFORMATION



                         ITEM 1.   FINANCIAL STATEMENTS



The  accompanying  balance  sheet  of  Zeb Oro Explorations Inc. (an exploration
stage  company)  at  March  31,  2001 and December 31, 2000 and the statement of
operations  and the statement of cash flows for the three months ended March 31,
2001  and  2000 and for the period from March 4, 1999 (date of incorporation) to
March  31,  2001  have been prepared by the Company's management and they do not
include  all  information  and notes to the financial statements necessary for a
complete  presentation  of  the  financial position, results of operations, cash
flows, and stockholders' equity in conformity with generally accepted accounting
principles.  In  the opinion of management, all adjustments considered necessary
for a fair presentation of the results of operations and financial position have
been  included  and  all  such  adjustments  are  of  a normal recurring nature.

Operating  results  for  the  quarter  ended March 31, 2001, are not necessarily
indicative  of the results that can be expected for the year ending December 31,
2001.
























                                      -3-
<PAGE>



                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                                 BALANCE  SHEET

                      March 31, 2001 and December 31, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>




<S>                                                         <C>          <C>
                                                            MARCH 31,
                                                                  2001   DECEMBER 31, 2000
                                                            -----------  -------------------
ASSETS

CURRENT ASSETS

     Bank. . . . . . . . . . . . . . . . . . . . . . . . .  $      590   $              664
                                                            -----------  -------------------

                                                            $      590   $              664
                                                            ===========  ===================

LIABILITIES

      Accounts payable and accrued liabilities . . . . . .  $    7,028   $            4,207
      Due to director. . . . . . . . . . . . . . . . . . .      15,815               15,815
                                                            -----------  -------------------
                                                                22,843               20,022
                                                            -----------  -------------------

STOCKHOLDERS' EQUITY

     Common stock
           200,000,000 shares authorized, at $0.001 par
           value, 11,025,000 shares issued and outstanding      11,025               11,025

     Capital in excess of par value. . . . . . . . . . . .      24,975               22,275

     Deficit accumulated during the development stage. . .     (58,253)             (52,658)
                                                            -----------  -------------------

           Total Stockholders' Deficiency. . . . . . . . .     (22,253)             (19,358)
                                                            -----------  -------------------

                                                            $      590   $              664
                                                            ===========  ===================
</TABLE>











     The accompanying notes are an integral part of these unaudited financial
                                   statements.

                                      -4-
<PAGE>



                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                            STATEMENT  OF  OPERATIONS

     For the three months ended March 31, 2001 and 2000 and for period from
              March 4, 1999  (Date of Inception) to March 31, 2001

                     (Unaudited  -  Prepared by Management)

<TABLE>
<CAPTION>




<S>                                      <C>               <C>               <C>
                                         FOR THE THREE     FOR THE THREE     FROM INCEPTION
                                                           ----------------  ----------------
                                         MONTHS ENDED      MONTHS ENDED      TO
                                         MARCH 31, 2001    MARCH 31, 2000    MARCH 31, 2001
                                         ----------------  ----------------  ----------------

SALES . . . . . . . . . . . . . . . . .  $             -   $             -   $             -
                                         ----------------  ----------------  ----------------

GENERAL  AND  ADMINISTRATIVE  EXPENSES:

     Accounting and audit . . . . . . .              950             1,075            11,000
     Bank charges and interest. . . . .               28                69               378
     Consulting . . . . . . . . . . . .                -                 -             4,300
     Edgar filing fees. . . . . . . . .              459               408             4,636
     Geology report . . . . . . . . . .                -                 -             1,775
     Incorporation costs
          written off . . . . . . . . .                -                 -               670
     Legal. . . . . . . . . . . . . . .                -                 -             3,066
     Management fees. . . . . . . . . .            1,500             1,500            12,500
     Office expenses. . . . . . . . . .                6               124             1,551
     Rent . . . . . . . . . . . . . . .              900               900             7,500
     Staking fees . . . . . . . . . . .                -                 -             3,172
     Telephone. . . . . . . . . . . . .              300               300             2,500
     Transfer agent's fees. . . . . . .            1,452             1,443             5,205
                                         ----------------  ----------------  ----------------

NET LOSS. . . . . . . . . . . . . . . .  $       ( 5,595)  $       ( 5,819)  $       (58,253)
                                         ================  ================  ================


NET LOSS PER COMMON SHARE

     Basic. . . . . . . . . . . . . . .  $             -   $             -
                                         ================  ================

AVERAGE OUTSTANDING SHARES

     Basic. . . . . . . . . . . . . . .       11,025,000        11,025,000
                                         ================  ================
</TABLE>






     The accompanying notes are an integral part of these unaudited financial
                                   statements.

                                      -5-
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                           STATEMENT  OF  CASH  FLOWS

   For the three months ended March 31, 2001 and 2000 and for the period from
               March 4, 1999 (Date of Inception) to March 31, 2001

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>




<S>                                                 <C>               <C>               <C>
                                                    FOR THE THREE     FOR THE THREE     FROM INCEPTION
                                                                      ----------------  ----------------
                                                    MONTHS ENDED      MONTHS ENDED      TO
                                                    MARCH 31, 2001    MARCH 31, 2000    MARCH 31, 2001
                                                    ----------------  ----------------  ----------------

CASH FLOWS FROM
     OPERATING ACTIVITIES:

     Net loss. . . . . . . . . . . . . . . . . . .  $        (5,595)  $        (5,819)  $       (58,253)

     Adjustments to reconcile net loss to net cash
          provided by operating activities:

          Increase in accounts payable . . . . . .            2,821             1,726             7,028
          Increase in due to a director. . . . . .                -             1,500            15,815
          Capital contributions - expenses . . . .            2,700             2,700            22,500
                                                    ----------------  ----------------  ----------------

               Net Cash from Operations. . . . . .              (74)              107           (12,910)
                                                    ----------------  ----------------  ----------------

CASH FLOWS FROM FINANCING
     ACTIVITIES:

          Proceeds from issuance of common stock .                -                 -            13,500
                                                    ----------------  ----------------  ----------------


     Net Increase (Decrease) in Cash . . . . . . .              (74)              107               590

     Cash at Beginning of Period . . . . . . . . .              664               340                 -
                                                    ----------------  ----------------  ----------------

     CASH AT END OF PERIOD . . . . . . . . . . . .  $           590   $           447   $           590
                                                    ================  ================  ================


SCHEDULE OF NONCASH OPERATING ACTIVITIES

        Capital contributions - expenses . . . . .  $         2,700   $         2,700   $        22,500
                                                    ================  ================  ================
</TABLE>








     The accompanying notes are an integral part of these unaudited financial
                                   statements.

                                      -6-
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                        NOTES  TO  FINANCIAL  STATEMENTS

                                 March 31, 2001

                      (Unaudited - Prepared by Management)


1.     ORGANIZATION

The  Company  was incorporated under the laws of the State of Nevada on March 4,
1999  with  the  authorized  common  shares  of 200,000,000 shares at $0.001 par
value.

The  Company  was  organized for the purpose of acquiring and developing mineral
properties.  A  mineral  claim,  with  unknown reserves, has been acquired.  The
Company  has not established the existence of a commercially minable ore deposit
and  therefore  has not reached the development stage and is considered to be in
the  exploration  stage  (see  Note  3).

The  Company  has  completed a Regulation D offering of 11,025,000 shares of its
capital  stock  for  cash.


2.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

Accounting  Methods
-------------------

The  Company  recognizes  income  and  expenses  based  on the accrual method of
accounting.

Dividend  Policy
----------------

The  Company  has  not  yet  adopted  a  policy  regarding payment of dividends.

     Income  Taxes
     -------------

     On  March  31,  2001  the Company had a net operating loss carry forward of
$58,253.  The  tax benefit of $17,476 from the loss carry forward has been fully
offset  by  a  valuation  reserve  because  the use of the future tax benefit is
doubtful  since  the  Company  has  no  operations.  The loss carry forward will
expire  in  2022.

Earnings  (Loss)  per  Share
----------------------------

     Earnings  (loss)  per  share  amounts  are  computed  based on the weighted
average  number  of  shares  actually  outstanding.

Comprehensive  Income
---------------------

The  Company  adopted  Statement of Financial Accounting Standards No. 130.  The
adoption  of  the  standard  had  no  impact  on the total stockholder's equity.

                                      -7-
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                        NOTES  TO  FINANCIAL  STATEMENTS

                                 March 31, 2001

                      (Unaudited - Prepared by Management)


2.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  -  CONTINUED

Recent  Accounting  Pronouncements
----------------------------------

The  Company  does  not  expect  that  the  adoption  of other recent accounting
pronouncements  will  have  a  material  impact  on  its  financial  statements.

     Cash  and  Cash  Equivalents
     ----------------------------

The  Company  considers all highly liquid instruments purchased with a maturity,
at  the  time  of  purchase,  of less than three months, to be cash equivalents.

Capitalization  of  Mineral  Claim  Costs
-----------------------------------------

Cost of acquisition, exploration, carrying, and retained unproven properties are
expensed as incurred.  Costs incurred in proving and developing a property ready
for  production  are  capitalized  and  amortized  over  the life of the mineral
deposit  or over a shorter period if the property is shown to have an impairment
in  value.  Expenditures  for  mining  equipment are capitalized and depreciated
over  their  useful  life.

Environmental  Requirements
---------------------------

Environmental  requirements  related to the mineral claims acquired (Note 3) are
unknown  and  therefore  an  estimate  of  any  future  cost  cannot  be  made.

Financial  Instruments
----------------------

The  carrying  amount  of  financial  instruments,  including  cash and accounts
payable,  are  considered  by  management  to  be  their  standard  fair  value.

Estimates  and  Assumptions
---------------------------

Management  uses  estimates and assumptions in preparing financial statements in
accordance  with  generally accepted accounting principles.  Those estimates and
assumptions  affect  the  reported  amounts  of  the assets and liabilities, the
disclosure  of  contingent assets and liabilities, and the reported revenues and
expenses.  Actual  results  could  vary  from the estimates that were assumed in
preparing  these  financial  statements.



                                      -8-
<PAGE>


                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                        NOTES  TO  FINANCIAL  STATEMENTS

                                 March 31, 2001
                      (Unaudited - Prepared by Management)


3.     ACQUISITION  OF  MINERAL  CLAIM

The  Company  has acquired one 15 unit metric mineral claim known as the Zeb Oro
Claim  located  in  the Zeballos mining camp near the town of Zeballos about 300
kilometres  northwest  of  Victoria,  British  Columbia.

The  claims  have  not  been proven to have a commercial minable ore reserve and
therefore  all  costs  for  exploration  and  retaining the properties have been
expensed.

Further  work  was  done  on the claims in December 2000.  Two grid systems were
located and laid out in preparaton for a geophysical survey.  The property is in
good  standing  until  February  25,  2002.


4.     RELATED  PARTY  TRANSACTIONS

     Related  parties  acquired  45%  of  the  common  stock  issued.


5.     GOING  CONCERN

     The  Company  will  need additional working capital to be successful in its
planned  activities  and  continuation  of  the  Company  as  a going concern is
dependent  upon  obtaining  additional working capital and the management of the
Company  has  developed  a  strategy,  which  it  believes  will accomplish this
objective through additional equity funding, and long term financing, which will
enable  the  Company  to  operate  for  the  coming  year.















                                      -9-
<PAGE>



                          ITEM 2.   PLAN OF OPERATIONS


As  a  follow  up  to  work  done  in December 2000 management is anticipating a
further  exploration  program  during the latter part of the summer of 2001.  At
this  time management is considering a system of taking soil samples from within
the  grid  system  established  in  December.

The  Company  is  searching  for  positive  results relating to gold and silver.
There  may  be  a possibility of commercial minerals other than gold and silver.


Liquidity  and  Capital  Resources
----------------------------------

The  Company  has  not  yet  decided  on the method of raising funds in order to
undertake  its  soil  sampling  program  on  its  mineral  claims.


Results  of  Operations
-----------------------

To  date  the  Company  has  had  no  operations.



























                                      -10-
<PAGE>



                                   SIGNATURES


     Pursuant  to  the  requirements 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.


                            ZEB ORO EXPLORATIONS INC.
                                (Registrant)



May  19,  2001                         /c/  "Steven  Bruce"
                                       --------------------
Steven  Bruce  -  President  and  Director































                                      -11-
<PAGE>