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              June 30, 2000
                               --------------------------

(  )     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    0-26709
                         ----------


                           THE ZEBALLOS MINING COMPANY
                  --------------------------------------------
               (Exact name of registrant as specified in charter)


                  Nevada                             98-0201259
    ------------------------------------        --------------------
     (State or other jurisdiction of               (I.R.S. Employer
      incorporation or organization)               Identification No.)

     34 - 3387 King George Highway
          Surrey, BC, Canada                               V4P 1B7
--------------------------------------------          ------------------
(Address of principal executive offices)                  (Zip Code)

                                  604-538-5995
                 -----------------------------------------------
               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 June 30, 2000
     -----------------------------------       -------------------------------
        Common Stock, $0.001 per share                   11,075,400


<PAGE>

ANDERSEN ANDERSEN & STRONG, L.C.                   941 East 3300 South, Suite202
Certified Public Accountants and                   Salt Lake City, Utah 84106
Business Consultants

                                                   Telephone 801-486-0096
                                                   Fax 801-486-0098


REPORT ON REVIEW BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS


The Board of Directors
The Zeballos Mining Company

We have  reviewed  the  condensed  balance  sheet  of  Zeballos  Mining  Company
(exploration  stage  company) as of June 30, 2000 and  December 31, 1999 and the
related condensed  statements of operations and the condensed  statement of cash
flows for the three and six months  ended June 30,  2000 and 1999 and the period
March 4, 1999 (date of inception) to June 30, 2000.  These financial  statements
are the responsibility of the company's management.

We conducted our review in accordance with standards established by the American
Institute  of  Certified  Public  Accountants.  A review  of  interim  financial
information consists principally of applying analytical  procedures to financial
data and making  inquiries of persons  responsible  for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with  generally  accepted  auditing  standards,  the  objective  of which is the
expression of an opinion  regarding the financial  statements  taken as a whole.
Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  financial  statements for them to be in conformity
with generally accepted accounting principles.

                                            /s/   "Andersen Andersen and Strong"

Salt Lake City, Utah
July 20, 2000


<PAGE>

                                      INDEX

<TABLE>
<CAPTION>

                                                                                          Page
PART I.                                                                                  Number
                                                                                         ------
<S>                                                                                     <C>
         ITEM 1.  Financial Statements..................................................   3

                           Balance Sheet as at June 30, 2000 and December 31, 1999......   4

                           Statement of Operations

                              For the six months  ended June 30,  2000,  for the
                              Six  months  ended  June 30,  1999,  For the three
                              months ended June 30, 2000, for

                                    The three months ended June 30, 1999 and for
                                    the period from March 4, 1999 (Date of

                                       Incorporation) to June 30, 2000..................   5


                           Statement of Cash Flows

                               For  the six months ended June 30, 2000,  for the
                                    Six months  ended June 30,  1999 and for the
                                    period   From   March  4,   1999   (Date  of
                                    Incorporation)       to       June       30,
                                    2000................................................   6

                           Notes to the Financial Statements............................   7

         ITEM 2.  Plan of Operations....................................................   10


PART II           Signatures............................................................   11


</TABLE>


<PAGE>

                         PART I - FINANCIAL INFORMATION

--------------------------------------------------------------------------------

                          ITEM 1. FINANCIAL STATEMENTS

--------------------------------------------------------------------------------

The  accompanying  balance sheet of The Zeballos  Mining Company (an exploration
stage  company) at June 30, 2000 and  December  31,  1999 and the  statement  of
operations  and statement of cash flow for the three months ended June 30, 2000,
for the three  months  ended June 30,  1999,  for the six months  ended June 30,
2000,  for the six months  ended June 30,  1999 and for the period from March 4,
1999  (date of  incorporation)  to June  30,  2000  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 June 30,  2000,  are not  necessarily
indicative of the results that can be expected for the year ending  December 31,
2000.

                                       3
<PAGE>

                           THE ZEBALLOS MINING COMPANY

                           (EXPLORATION STAGE COMPANY)

                                  BALANCE SHEET

                       JUNE 30, 2000 AND DECEMBER 31, 1999

                      (UNAUDITED - PREPARED BY MANAGEMENT)
<TABLE>
<CAPTION>


                                                                                     2000                1999
                                                                                     ----                ----
         <S>                                                                          <C>                <C>
         ASSETS

         CURRENT ASSETS

                  Cash                                                                  $  223            $    685
                                                                                         -----             -------
                           Total Current Assets                                         $  223            $    685
                                                                                         -----             -------

         OTHER ASSETS

                  Mineral claims - Note 3                                                   --                  --
                                                                                        ------             --------

                                                                                        $  223            $    685
                                                                                          ----             -------

         LIABILITIES AND STOCKHOLDERS' EQUITY

         CURRENT LIABILITIES

                  Account payable - related parties                                    $ 9,600             $ 6,000
                  Accounts payable                                                       3,069               2,250
                                                                                         -----               -----
                           Total Current Liabilities                                    12,669               8,250
                                                                                        ------               -----

         STOCKHOLDERS' EQUITY

                  Common stock

                           200,000,000 shares authorized, at $0.001
                           par value, 11,075,400 shares issued and
                           outstanding                                                  11,075              11,075

                  Capital in excess of par value                                        16,915              11,515

                  Deficit accumulated during the exploration stage                     (40,436)            (30,155)
                                                                                      --------             -------
                           Total Stockholders' Deficiency                              (12,446)             (7,565)
                                                                                      --------             -------

                                                                                    $      223            $    685
                                                                                      ---------            -------
</TABLE>

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


                                       4
<PAGE>

                           THE ZEBALLOS MINING COMPANY

                           (EXPLORATION STAGE COMPANY)

                             STATEMENT OF OPERATIONS

               FOR THE THREE MONTHS ENDED JUNE 30, 2000 AND 1999,
                       FOR THE SIX MONTHS ENDED JUNE 30,
                 2000 AND 1999 AND FOR THE PERIOD MARCH 4, 1999
                      (DATE OF INCEPTION) TO JUNE 30, 2000

                      (UNAUDITED - PREPARED BY MANAGEMENT)
<TABLE>


                                     THREE          THREE          SIX           SIX
                                     MONTHS         MONTHS         MONTHS       MONTHS              FROM
                                     ENDED          ENDED          ENDED        ENDED             INCEPTION
                                    JUN 30,        JUNE 30,       JUNE 30,     JUNE 30,           TO JUNE 30,
                                     2000           1999           2000         1999                  2000
                                     ----           ----           ----         ----                  ----
<S>                         <C>                 <C>             <C>           <C>             <C>
REVENUES                       $          --    $      --      $         --    $        --       $       --
                                       -----       ------            ------         ------           ------

EXPENSES

Accounting and Audit                   1,575        2,550             1,775          2,550            6,575
Bank Charges                              30           38                91            120              285
Consulting                                --           --                --             --            3,950
Edgar Filing Fees                         --           --               391             --            1,714
Geology Report                            --           --                --          1,200            1,200
Incorporation Costs Written Off           --           --                --            670              670
Legal                                     --           --                --             --            2,500
Management Fees                        1,500        1,500             3,000          2,000            8,000
Office                                   126          488               342            488            1,326
Rent                                     900          900             1,800          1,200            4,800
Staking Fees                              --           --                --            369            3,194
Telephone                                300          300               600            400            1,600
Transfer Agent                         1,044           --             2,282          1,200            4,622
                                       -----        -----             -----          -----            -----
NET LOSS                       $      (5,475)  $   (5,776)     $    (10,281)   $   (10,197)      $  (40,436)
                                      ======       ======            ======         ======           ======


NET LOSS PER

BASIC                          $          --   $      --       $         --    $       --
                                      ======     =======           ========      ========

AVERAGE OUTSTANDING

BASIC                             11,075,400   10,032,314        11,075,400     10,032,314
                                  ==========   ==========        ==========     ==========
</TABLE>



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

                                       5
<PAGE>


                           THE ZEBALLOS MINING COMPANY
                           (Exploration Stage Company)

                             STATEMENT OF CASH FLOWS

                 FOR THE SIX MONTHS ENDED JUNE 30, 2000, FOR THE
                   SIX MONTHS ENDED JUNE 30, 1999 AND FOR THE
         PERIOD FROM MARCH 4, 1999 (DATE OF INCEPTION) TO JUNE 30, 2000

                      (UNAUDITED - PREPARED BY MANAGEMENT)
<TABLE>
<CAPTION>

                                                                    FOR THE SIX    FOR THE SIX      FROM INCEPTION
                                                                   MONTHS ENDED   MONTHS ENDED            TO
                                                                  JUNE 30, 2000  JUNE 30, 1999       JUNE 30, 2000
                                                                  -------------  -------------       -------------
<S>                                                              <C>              <C>                 <C>

     CASH FLOWS FROM

          Net loss                                               $      (10,281)  $    (10,197)       $    (40,436)

          Adjustments to reconcile net loss to net cash
            provided by operating activities:
               Change in accounts payable - related Parties               3,600              -               9,600
               Change in accounts payable                                   819           (826)              3,069
               Capital contributions - expenses                           5,400          3,600              14,400
                                                                          -----          -----              ------
                    Net Cash from Operations                               (462)        (7,423)            (13,367)
                                                                         -------        -------             ------
     CASH FLOWS FROM INVESTING
       ACTIVITIES                                                             -              -                   -
                                                                         -------        -------             ------
     CASH FLOWS FROM FINANCING
       ACTIVITIES:

               Proceeds from issuance of common stock                         -         13,590              13,590
                                                                         -------        -------             ------
          Net Increase in Cash                                             (462)         6,167                 223
          Cash at Beginning of Period                                       685             -                   -
                                                                      ----------     ----------          ----------
          CASH AT END OF PERIOD                                 $           223   $      6,167        $        223
                                                                      =========          =====           =========

SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES

         Capital contributions - expenses                                              $14,400
                                                                                       -------
</TABLE>

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

                                       6
<PAGE>

                           THE ZEBALLOS MINING COMPANY
                           (Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                                  JUNE 30, 2000

                      (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.  At the report date mineral  claims,  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).  Since its  inception  the Company has
         completed  Regulation D offerings of  11,025,400  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 June 30, 2000 the Company had a net operating  loss carry forward of
         $40,436.  The tax  benefit  from the loss carry  forward has been fully
         offset by a valuation reserve because the use of the future tax benefit
         is  undeterminable  since  the  Company  has  no  operations.  The  net
         operating loss will expire in 2021.

         Earnings (Loss) Per Share

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

                                       7
<PAGE>

                           THE ZEBALLOS MINING COMPANY
                           (Exploration Stage Company)

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)

                                  JUNE 30, 2000

                      (Unaudited - Prepared by Management)

2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

         Amortization of Capitalized Mineral Claims Costs

         Costs of acquisition,  exploration,  carrying,  and retaining  unproven
         properties  are  expensed as  incurred.  Costs  incurred in proving and
         developing a commercially  minable ore reserve 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  mine  equipment  will  be  capitalized  and
         depreciated over their useful lives.

         Environmental Requirements

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

         Comprehensive Income

         The Company adopted Statement of Financial  Accounting  Standard
         No. 130. The adoption of this standard had no impact on the total
         stockholder's equity on June 30, 1999.

         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.

         Financial Instruments

         The carrying amounts of financial instruments,  including cash, mineral
         claims,  and accounts  payable are considered by management to be their
         estimated fair values.

         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.

                                       8
<PAGE>

                           THE ZEBALLOS MINING COMPANY
                           (Exploration Stage Company)

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)

                                  JUNE 30, 2000

                      (UNAUDITED - PREPARED BY MANAGEMENT)

3.       MINERAL CLAIM

         The Company has acquired one 18 unit metric  mineral claim known as the
         Zeb Au 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  commercially  minable  ore
         reserve and  therefore  all costs for  exploration  and  retaining  the
         properties have been expensed.

         The claims may be  retained  by the  Company  by  completion  of yearly
         assessment  work of  $1,800Cn  or by a payment  of  $1,800Cn.  The next
         assessment work is due in March 2001.

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.  There can be no  assurance  that the  management  will be
         successful in this effort.

                                       9
<PAGE>

--------------------------------------------------------------------------------

                            ITEM 2. PLAN OF OPERATION

--------------------------------------------------------------------------------

The Company has not proceeded with any work on its mineral claim during the last
six months due to weather  conditions  in the  Zeballos  mining  area of British
Columbia.  It is anticipate that  consideration  will be given to an exploration
program in the summer of 2000.

Liquidity and Capital Resources

The  Company  does not at this time have  sufficient  funds to  proceed  with an
exploration program.

Results of Operations

To date the Company has had no operations.

                                       10
<PAGE>

                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Company  has duly  caused  this  report to be  signed on its  behalf by the
undersigned thereunto duly authorized.

                           THE ZEBALLOS MINING COMPANY

         July 18, 2000                           /c/  "E. Del Thachuk"
                                             ------------------------------
                                        E. Del Thachuk - President and Director


                                       10