----

| **U.S.                  SECURITIES AND EXCHANGE COMMISSION****Washington,                  D.C. 20549****Form                  10-QSB** |
|-----------------------------------------------------------------------------------------------------------------------------------------|

**Commission        file number:**

| **Zoro                  Mining Corp.**                                                                                         |
|--------------------------------------------------------------------------------------------------------------------------------|
| (Name                    of small business issuer in its                    charter)        |
| Nevada                                                                                                                         | N/A |
| (State                    or other jurisdiction of incorporation or                    organization)                           | (I.R.S.                    Employer Identification No.) |
|                                                                                                                           |   |
| 3430                  East Sunrise Drive, Suite 160Tucson,                  Arizona 85718                                      |
|  (Address                  of principal executive offices)                                                                |
|                                                                                                  |        |
| (520)                  299-0390                                                                                                |
| (Issuer’s                  telephone number)                                                                             |
|                                                                                                  |        |
| Securities                  registered pursuant to Section12(b)                  of the Act:                                   | Name                  of each exchange on whichregistered: |
| None                                                                                                                           |   |
|                                                                                                  |        |
| Securities                  registered pursuant to Section 12(g) of the Act:                                                   |
| Common                  Stock, $0.00001 par value                                                                              |   |
| (Title                  of Class)                                                                                              |   |

----

| Class                                             | Outstanding                  as of September 10, 2007 |
|---------------------------------------------------|-------------------------------------------------------|
| Common                  Stock, $0.00001 par value | 86,750,400                                            |

----

**ZORO        MINING CORP.**

**FORM        10-QSB**

| Part                  1                      | FINANCIAL                  INFORMATION                                                                                   |  5  |
|-------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|----------|
|                                                        |                                                                                                                     |     |
| Item                  1                                     | Financial                  Statements                                                                                    |  5  |
|                                                        |                                                                                                                     |     |
|                                              |    Consolidated                  Balance Sheets                                                           |  5  |
|                                                        |                                                                                                                     |     |
|                               |    Consolidated                  Statements of Operations                                                 |  6  |
|                                                        |                                                                                                                     |     |
|                                                        |    Consolidated                  Statements of Cash Flows                                                 |  7  |
|                                                        |                                                                                                                     |     |
|                                                        |    Consolidated                  Statement of Stockholders’ Equity                                  |  8  |
|                                                        |                                                                                                                     |     |
|                                                        |    Notes                  to Consolidated Financial Statements                                            |  9  |
|                                                        |                                                                                                                     |     |
| Item                  2.                     | Management’s                  Discussion and Analysis of Financial Condition or Plan of                  Operation |  14 |
|                               |                                                                                                                     |     |
| Item                  3.                     | Controls                  and Procedures                                                                                 |  18 |
|                               |                                                                                                                     |     |
| Part                  II. .                  | OTHER                  INFORMATION                                                                                       |  19 |
|                               |                                                                                                                     |     |
| Item                  1                      | Legal                  Proceedings                                                                                       |  19 |
|                               |                                                                                                                     |     |
| Item                  2                      | Unregistered                  Sales of Securities and Use of Proceeds                                                    |  19 |
|                               |                                                                                                                     |     |
| Item                  3                      | Defaults                  Upon Senior Securities                                                                         |  19 |
|                               |                                                                                                                     |     |
| Item                  4       | Submission                  of Matters to a Vote of Security Holders                                                     |  19 |
|                                                        |                                                                                                                     |     |
| Item                  5                           | Other                  Information                                                                                       |  19 |
|                               |                                                                                                                     |     |
| Item                  6       | Exhibits                  and Reports on Form 8-K                                                                        |  20 |
|                               |                                                                                                                     |     |
|                                                        | Signatures                                                                                                               |  20 |

----

**NOTE        REGARDING FORWARD LOOKING STATEMENTS**

----

| **PART                  I** |
|-----------------------------|

**ITEM        1. FINANCIAL STATEMENTS **

**ZORO      MINING CORP.**

** (An      Exploration Stage Company)**

**July      31, 2007**

**(Unaudited)**

**Zoro      Mining Corp.**

**(An      Exploration Stage Company)**

**Consolidated      Balance Sheets**

|                                                                                                                                  |   | **July                31,**** 2007****$** |       |   | **April                30,**** 2007****$** |   |
|---------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------|------------|--------|-------------------------------------------------|--------|
|                                                                                                                                  |   | **(Unaudited)**                                |       |   |                                            |   |
| CURRENT                ASSETS                                                                                                         |   |                                           |       |   |                                            |   |
| Cash                                                                                                                                  |   |                                           | 2,789,010  |   |                                            |   | 2,405,857 |   |
| Prepaid                expenses                                                                                                       |   |                                           | 6,727      |   |                                            |   | 176,727 |   |
| Accounts                receivable                                                                                                    |   |                                           | 8,875      |   |                                            |   | - |   |
| Loan                receivable (Note 3)                                                                                               |   |                                           | 126,875    |   |                                            |   | 125,000 |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| Total                Current Assets                                                                                                   |   |                                           | 2,931,487  |   |                                            |   | 2,707,584 |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| EQUIPMENT,                net of accumulated depreciation of $8,982                                                                   |   |                                           | 350,290    |   |                                            |   | - |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| **TOTAL                ASSETS**                                                                                                       |   |                                           | 3,281,776  |   |                                            |   | 2,707,584 |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| LIABILITIES                AND STOCKHOLDERS’ EQUITY                                                                             |   |                                           |       |   |                                            |   |   |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| Current                Liabilities                                                                                                    |   |                                           |       |   |                                            |   |   |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| Accounts                payable and accrued liabilities                                                                               |   |                                           | 98,565     |   |                                            |   | 106,365 |   |
| Due                to related parties (Note 4)                                                                                        |   |                                           | 628,989    |   |                                            |   | 132,897 |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| Total                Current Liabilities                                                                                              |   |                                           | 727,554    |   |                                            |   | 239,262 |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| Stockholders’                Equity                                                                                             |   |                                           |       |   |                                            |   |   |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| Capital                stock (Note                5)3,600,000,000                shares authorized,                $0.00001 par value |   |                                           |       |   |                                            |   |   |   |
| 86,750,400                shares issued and                outstanding (April 30, 2007 – 216,450,000)                           |   |                                           | 868        |   |                                            |   | 2,164 |   |
| Additional                paid-in                capital                                                                              |   |                                           | 7,268,428  |   |                                            |   | 99,136 |   |
| Subscriptions                received (Note                5)                                                                         |   |                                           | -          |   |                                            |   | 2,600,000 |   |
| Donated                capital                                                                                                        |   |                                           | 34,500     |   |                                            |   | 34,500 |   |
| Deficit                accumulated during the                exploration stage                                                        |   |                                           | (4,749,574 | )      |                                            |   | (267,478 | ) |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| Total                Stockholders’ Equity                                                                                       |   |                                           | 2,554,222  |   |                                            |   | 2,468,322 |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |
| **TOTAL                LIABILITIES AND STOCKHOLDERS’ EQUITY**                                                                   |   |                                           | 3,281,776  |   |                                            |   | 2,707,584 |   |
|                                                                                                                                  |   |                                           |       |   |                                            |   |   |   |

** **

----

**Zoro      Mining Corp.**

**(An      Exploration Stage Company)**

**Consolidated      Statements of Operations**

**(Unaudited)**

|                                                                                                                  |   | **Three                Months****Ended                July 31** |       |   | **From                April 20, 2004 (Date of Inception) to**  |   |
|-----------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------|------------|--------|---------------------------------------------------------------------|--------|
|                                                                                                                  |   | **2007**                                                        |       |   | **2006**                                                            |   |   | **July                31, 2007** |   |
|                                                                                                                  |   | $                                                               |       |   | $                                                                   |   |   | $ |   |
| Expenses                                                                                                              |   |                                                            |       |   |                                                                |   |   |   |   |   |   |   |
| Consulting                                                                                                            |   |                                                            | 47,020     |   |                                                                |   | - |   |   |   | 47,020 |   |
| Depreciation                                                                                                          |   |                                                            | 8,982      |   |                                                                |   | - |   |   |   | 8,982 |   |
| Donated                services                                                                                       |   |                                                            | -          |   |                                                                |   | 3,000 |   |   |   | 25,500 |   |
| Filing                and transfer agent                fees                                                          |   |                                                            | 8,089      |   |                                                                |   | - |   |   |   | 8,089 |   |
| Management                and                administration                                                           |   |                                                            | 214,108    |   |                                                                |   | - |   |   |   | 214,108 |   |
| Mineral                property costs (Note                3)                                                         |   |                                                            | 4,171,175  |   |                                                                |   | 2,803 |   |   |   | 4,226,516 |   |
| Office                and                general                                                                      |   |                                                            | 16,639     |   |                                                                |   | 94 |   |   |   | 117,463 |   |
| Professional                fees                                                                                      |   |                                                            | 38,672     |   |                                                                |   | 12,190 |   |   |   | 124,486 |   |
|                                                                                                                  |   |                                                            | (4,504,685 | )      |                                                                |   | (18,087 | ) |   |   | (4,772,164 | ) |
|                                                                                                                  |   |                                                            |       |   |                                                                |   |   |   |   |   |   |   |
| Other                income                                                                                           |   |                                                            |       |   |                                                                |   |   |   |   |   |   |   |
| Interest                income                                                                                        |   |                                                            | 22,590     |   |                                                                |   | - |   |   |   | 22,590 |   |
|                                                                                                                  |   |                                                            |       |   |                                                                |   |   |   |   |   |   |   |
| Net                loss                                                                                               |   |                                                            | (4,482,096 | )      |                                                                |   | (18,087 | ) |   |   | (4,749,574 | ) |
|                                                                                                                  |   |                                                            |       |   |                                                                |   |   |   |   |   |   |   |
|                                                                                                                  |   |                                                            |       |   |                                                                |   |   |   |   |   |   |   |
| Basic                and diluted net loss per common share                                                            |   |                                                            | (0.05      | )      |                                                                |   | - |   |   |   |   |   |
|                                                                                                                  |   |                                                            |       |   |                                                                |   |   |   |   |   |   |   |
| Weighted                average number of common shares outstanding – basic                and diluted (Note 1) |   |                                                            | 96,632,430 |   |                                                                |   | 5,000,000 |   |   |   |   |   |

----

**Zoro      Mining Corp.**

**(An      Exploration Stage Company)**

**Consolidated      Statements of Cash Flows**

**(Unaudited)**

|                                                                                                      |   | **Three                Months****Ended                July 31** |       |   | **From                April 20, 2004 (Date of Inception) to** |   |
|-----------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------|------------|--------|---------------------------------------------------------------|--------|
|                                                                                                      |   | **2007**                                                        |       |   | **2006**                                                      |   |   | **July                    31, 2007 ** |   |
|                                                                                                      |   | ** $**                                                |       |   | ** $**                                              |   | ** $ ** |   |
| Cash                Flows From Operating Activities                                                       |   |                                                            |       |   |                                                          |   |   |   |   |   |   |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |
| Net                loss                                                                                   |   |                                                            | (4,482,096 | )      |                                                          |   | (18,087 | ) |   |   | (4,749,574 | ) |
| Adjustments                to reconcile net loss to net cash used in operating                activities: |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
|    Donated                rent                                                             |   |                                                            | -          |   |                                                          |   | 750 |   |   |   | 9,000 |   |
|    Donated                services                                                         |   |                                                            | -          |   |                                                          |   | 2,250 |   |   |   | 25,500 |   |
|    Stock-based                management fees                                              |   |                                                            | 209,293    |   |                                                          |   | - |   |   |   | 209,293 |   |
|    Warrants                issued for mineral properties                                   |   |                                                            | 3,192,763  |   |                                                          |   | - |   |   |   | 3,192,763 |   |
|    Depreciation                                                                            |   |                                                            | 8,982      |   |                                                          |   | - |   |   |   | 8,982 |   |
| Changes                in operating assets and liabilities:                                               |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Prepaid                expenses                                                                           |   |                                                            | 170,000    |   |                                                          |   | (1,500 | ) |   |   | (6,727 | ) |
| Accounts                receivable                                                                        |   |                                                            | (8,875     | )      |                                                          |   | - |   |   |   | (8,875 | ) |
| Accounts                payable and accrued liabilities                                                   |   |                                                            | (7,800     | )      |                                                          |   | 3,773 |   |   |   | 98,565 |   |
| Amounts                due to related parties                                                             |   |                                                            | 496,092    |   |                                                          |   | 12,803 |   |   |   | 628,989 |   |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Net                Cash Used in Operating Activities                                                      |   |                                                            | (421,641   | )      |                                                          |   | (11 | ) |   |   | (1,221,073 | ) |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Cash                Flows From Investing Activities                                                       |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Expenditures                for equipment                                                                 |   |                                                            | (359,271   | )      |                                                          |   | - |   |   |   | (359,271 | ) |
| Loan                receivable                                                                            |   |                                                            | (1,875     | )      |                                                          |   | - |   |   |   | (126,875 | ) |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Net                Cash Used in Investing Activities                                                      |   |                                                            | (361,146   | )      |                                                          |   | - |   |   |   | (486,146 | ) |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Cash                Flows From Financing Activities                                                       |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Proceeds                from issuance of common stock and share subscriptions                received     |   |                                                            | 1,165,940  |   |                                                          |   | - |   |   |   | 3,867,240 |   |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Net                Cash Provided by Financing Activities                                                  |   |                                                            | 1,165,940  |   |                                                          |   | - |   |   |   | 4,496,229 |   |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Net                Increase (Decrease) in Cash                                                            |   |                                                            | 383,153    |   |                                                          |   | (11 | ) |   |   | 2,789,010 |   |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Cash                - Beginning                                                                           |   |                                                            | 2,405,857  |   |                                                          |   | 57 |   |   |   | - |   |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Cash                - Ending                                                                              |   |                                                            | 2,789,010  |   |                                                          |   | 46 |   |   |   | 2,789,010 |   |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
|                                                                                                      |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Supplemental                Disclosures                                                                   |   |                                                            |       |   |                                                          |   |   |   |   |   |   |   |
| Interest                paid                                                                              |   |                                                            | -          |   |                                                          |   | - |   |   |   | - |   |
| Income                taxes paid                                                                          |   |                                                            | -          |   |                                                          |   | - |   |   |   | - |   |

----

**Zoro      Mining Corp.**

**(An      Exploration Stage Company)**

**Consolidated      Statement of Stockholders’ Equity**

|                                                                                                              |       |                            |         |       |        |       |       |              |       |       |       |       |       | **Deficit**                   |       |       |        |       |       |   |   |
|-------------------------------------------------------------------------------------------------------------------|------------|---------------------------------|--------------|------------|-------------|------------|------------|-------------------|------------|------------|------------|------------|------------|-------------------------------|------------|------------|-------------|------------|------------|--------|--------|
|                                                                                                              |       |                            |         |       |        |       |       |              |       |       |       |       |       | **Accumulated**               |       |       |        |       |       |   |   |
|                                                                                                              |       |                            |         |       |        |       |       | **Additional**    |       |       | **Common** |       |       | **During                the** |       |       |        |       |       |   |   |
|                                                                                                              |       |                            |         |       |        |       |       | **Paid-in**       |       |       | **Stock**  |       |       | **Exploration**               |       |       | **Donated** |       |       |   |   |
|                                                                                                              |       | **Common                Stock** | ** **   | ** ** | **Capital** | ** ** | ** ** | **Subscriptions** | ** ** | ** ** | **Stage**  | ** ** | ** ** | **Capital**                   | ** ** | ** ** | **Total**   | ** ** |
| ** **                                                                                                        | ** ** | #                               |         |       | **$**       |       |       | **$**             |       |       | **$**      |       |       | **$**                         |       |       | **$**       |       |       | **$**  |   |
|                                                                                                              |       |                            |         |       |        |       |       |              |       |       |       |       |       |                          |       |       |        |       |       |   |   |   |   |   |   |   |   |   |
| Balance                – April 30, 2007                                                                     |       |                            | 216,450,000  |       |        |       | 2,164      |              |       |       | 99,136     |       |       |                          | 2,600,000  |       |        |       | (267,478   | )      |   |   | 34,500 |   |   |   | 2,468,322 |   |
|                                                                                                              |       |                            |         |       |        |       |       |              |       |       |       |       |       |                          |       |       |        |       |       |   |   |   |   |   |   |   |   |   |
| Shares                and warrants issued for private placement at $1.25 per unit (Note                5(a))      |       |                            | 3,150,400    |       |        |       | 32         |              |       |       | 3,765,908  |       |       |                          | (2,600,000 | )          |        |       | –    |   |   |   | – |   |   |   | 1,165,940 |   |
| Share                cancellation (Note 5(a))                                                                     |       |                            | (132,850,000 | )          |        |       | (1,328     | )                 |       |       | 1,328      |       |       |                          | –    |       |        |       | –    |   |   |   | – |   |   |   | – |   |
| Fair                value of warrants issued for mineral properties (Note 3)                                      |       |                            | –      |       |        |       | –    |              |       |       | 3,192,763  |       |       |                          | –    |       |        |       | –    |   |   |   | – |   |   |   | 3,192,763 |   |
| Fair                value of warrants issued for services     (Note                5(b)) |       |                            | –      |       |        |       | –    |              |       |       | 209,293    |       |       |                          | –    |       |        |       | –    |   |   |   | – |   |   |   | 209,293 |   |
| Net                loss                                                                                           |       |                            | –      |       |        |       | –    |              |       |       | –    |       |       |                          | –    |       |        |       | (4,482,096 | )      |   |   | – |   |   |   | (4,482,096 | ) |
|                                                                                                              |       |                            |         |       |        |       |       |              |       |       |       |       |       |                          |       |       |        |       |       |   |   |   |   |   |   |   |   |   |
| Balance                – July 31, 2007 (Unaudited)                                                          |       |                            | 86,750,400   |       |        |       | 868        |              |       |       | 7,268,428  |       |       |                          | –    |       |        |       | (4,749,574 | )      |   |   | 34,500 |   |   |   | 2,554,222 |   |

----

**Zoro          Mining Corp.**

**(An          Exploration Stage Company)**

**Notes          to Consolidated Financial Statements**

**July          31, 2007**

**(Unaudited)**

| **1.** | **Nature                of Operations** |
|--------|-----------------------------------------|

**Principles      of Consolidation**

**Going      Concern**

| **2.** | **Summary                of Significant Accounting                Policies** |
|--------|------------------------------------------------------------------------------|

|   | a) | Basis                of Presentation and Fiscal Year |
|--------|----|------------------------------------------------------|

|   | b) | Use                of Estimates |
|--------|----|---------------------------------|

----

**Zoro          Mining Corp.**

**(An          Exploration Stage Company)**

**Notes          to Consolidated Financial Statements**

**July          31, 2007**

**(Unaudited)**

| **2.** | **Summary                of Significant Accounting Policies                (continued)** |
|--------|------------------------------------------------------------------------------------------|

|   | c) | Equipment |
|--------|----|-----------|

|   | d) | Mineral                Property Costs |
|--------|----|---------------------------------------|

|   | e) | Stock-Based                Compensation |
|--------|----|-----------------------------------------|

----

**Zoro          Mining Corp.**

**(An          Exploration Stage Company)**

**Notes          to Consolidated Financial Statements**

**July          31, 2007**

**(Unaudited)**

| **2.** | **Summary                of Significant Accounting Policies                (continued)** |
|--------|------------------------------------------------------------------------------------------|

|   | d) | Stock-Based                Compensation (continued) |
|--------|----|-----------------------------------------------------|

| **3.** | **Mineral                Properties** |
|--------|---------------------------------------|

----

**Zoro          Mining Corp.**

**(An          Exploration Stage Company)**

**Notes          to Consolidated Financial Statements**

**July          31, 2007**

**(Unaudited)**

| **4.** | **Related                Party Transactions** |
|--------|-----------------------------------------------|

|   | a) | During                the year ended April 30, 2007, a significant shareholder of the Company                provided advances to the Company relating to exploration due diligence                costs and a loan incurred in the amount of $125,496.  These                advances were repaid in full in July 2007 without                interest. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | During                the quarter ended July 31, 2007, the Company paid $22,000 to the                benefit                of a director and officer of the Company for services                rendered. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c) | During                  the quarter ended July 31, 2007, a corporation with a director                  in common                  incurred costs of $621,132 on behalf of the Company for the purpose                  of acquiring exploration  equipment and paying certain mineral                  property costs in Peru and                  Chile. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **5.** | **Capital                Stock** |
|--------|----------------------------------|

|   | a) | Share                issuance and cancellation: |
|--------|----|-------------------------------------------------|

|   | b) | Warrants: |
|--------|----|-----------|

----

**Zoro          Mining Corp.**

**(An          Exploration Stage Company)**

**Notes          to Consolidated Financial Statements**

**July          31, 2007**

**(Unaudited)**

| **6.** | **Corporate                Services Agreement** |
|--------|-------------------------------------------------|

| **7.** | **Non-cash                Investing and Financing                Activities** |
|--------|-------------------------------------------------------------------------------|

----

**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION**

**OVERVIEW**

**Subsidiaries**

**Cancellation      of Shares**

**MINERAL      INTERSTS**

**South      America and Mexico**

|  *Location*                    | *Project*                             | *Exploration                Target* | *Concession                Acres* |
|-------------------------------------|---------------------------------------|-------------------------------------|-----------------------------------|
| Sonora,                Mexico       | The                Las Animas Project | Gold,                Copper         | 6,672                             |
| Chile,                South America | The                Costa Rica Project | Gold,                Copper         | 5,189                             |
| Chile,                South America | The                Escondida Project  | Gold,                Platinum       | 4,942                             |
| Chile,                South America | The                Rio Sur Project    | Gold,                Copper         | 3,212                             |
| Chile,                South America | Don                Beno Project       | Gold,                Copper         | 14,830                            |
| Peru,                South America  | The                Yura Project       | Gold                                | 4,942                             |
|                                |                                  | *Total                acreage:*     | 39,787                            |

----

**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION -      continued**

**MINERAL      INTERSTS -      continued**

**RESULTS      OF OPERATIONS**

**Three      Months Ended July 31, 2007 Compared to Three Months Ended July 31,      2006.**

|                                                                  | **Three                Months****Ended                July 31, 2007****(unaudited)** | **Three                Months****Ended                July 31, 2006****(unaudited)**                                                   |
|-----------------------------------------------------------------------|--------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------|
| **Expenses**                                                          |                                                                                 |                                                                                                                                   |
| **  **Consulting                                            | $   47,020                                                            |              $         - |
|   Depreciation                                              | 8,982                                                                                |                                                                                                                                   |
|   Donated                services                           |        -                                          | 3,000                                                                                                                                  |
|   Filing                and transfer agent fees             | 8,089                                                                                |       -                                                                                                  |
|   Management                and administration              | 214,108                                                                              |       -                                                                                                  |
|   Mineral                property costs                     | 4,171,175                                                                            | 2,803                                                                                                                                  |
|   Office                and general                         |   16,639                                                                   |     94                                                                                                             |
|   Professional                fees and organizational costs |   38,672                                                                   | 12,190                                                                                                                                 |
| **Loss**                                                              | ($4,504,685)                                                                         | ($18,087)                                                                                                                              |
| **  **Interest                income                        | 22,590                                                                               | -0-                                                                                                                                    |
| **Net                loss**                                           | ($4,482,096)                                                                         | ($18,087)                                                                                                                              |

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**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR      PLAN OF OPERATION - continued**

**RESULTS      OF OPERATIONS - continued**

**LIQUIDITY      AND CAPITAL RESOURCES**

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**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR      PLAN OF OPERATION - continued**

**PLAN      OF OPERATION**

**MATERIAL      COMMITMENTS**

**Acquisition      Expenditures – Option Agreement**

**Corporate      Services Agreement**

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**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR      PLAN OF OPERATION - continued**

**OFF-BALANCE      SHEET ARRANGEMENTS**

**AUDIT      COMMITTEE REPORT**

**ITEM      3. INTERNAL CONTROLS AND PROCEDURES**

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| **Part                II** |
|----------------------------|

**ITEM      1. LEGAL PROCEEDINGS.  **

**ITEM      2. CHANGES IN SECURITIES AND USE OF PROCEEDS **

|   | · | During                the three-month period ended July 31, 2007, we issued an aggregate                of                3,150,400 shares of restricted common stock through a private placement                of                Units, at $1.25 per Unit, for total proceeds of $3,938,000, of which                $2,600,000 was received in the year ended April 30, 2007. Each unit                consists of one common share in our capital stock and one non-transferable                common stock purchase warrant at an exercise price of $1.50 per Warrant                Share. The expiration date for the warrants is 2 years from the effective                date of registration. A registration statement is to be filed with                the SEC                to qualify the securities underlying the units on a best efforts                basis.  The investors executed a subscription agreement and                acknowledged that the securities to be issued have not been registered                under the Securities Act of 1933, as amended, that the investor understood                the economic risk of an investment in the securities, and that the                investor had the opportunity to ask questions of and receive answers                from                our management concerning any and all matters related to acquisition                ofthe                securities. No underwriter was involved in the transaction and no                commission was paid.  In connection with this private placement,                46,200 finder’s warrants were issued to third parties with terms similar                to those warrants forming part of the Units                sold. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | On                May 7, 2007, and in connection with the terms and provisions of the                Option                Agreement, an aggregate of 132,850,000 shares of our common stock                held by                certain of our directors were cancelled and returned to treasury                at no                value on the basis of pre-existing                negotiations. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | On                May 18, 2007, and in connection with the terms and provisions of                the                Option Agreement, we granted an aggregate of 4,670,000 warrants to                purchase restricted shares of our common stock at an exercise price                of                $0.70 per share for a term until May 18, 2009. Of the 4,670,000 warrants                granted, an aggregate of 808,500 warrants were issued to Harold Gardner,                our President and Chief Executive Officer and one of our directors                as                compensation for finders’ fee in connection with the exploration                properties acquired. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | On                May 18, 2007, and in connection with management services to be rendered                by                our President and Chief Executive Officer, we granted an aggregate                of                800,000 warrants to purchase restricted shares of our common stock                at an                exercise price of $1.50 per share for a term until May 18,                2009. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**ITEM      3. DEFAULTS UPON SENIOR SECURITIES. **

**ITEM      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.**

**ITEM      5. OTHER INFORMATION.**

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**ITEM      6. EXHIBITS. **

|  31.1 | Certification              of Chief Executive Officer pursuant to Securities Exchange Act of              1934 Rule 13a-14(a) or 15d-14(a).                                                                                |
|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  31.2 | Certification              of Chief Financial Officer pursuant to Securities Exchange Act of 1934              Rule 13a-14(a) or 15d-14(a).                                                                                     |
|  32.1 | Certifications              pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b)              and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the              Sarbanes-Oxley Act of 2002. |

**SIGNATURES**

|                                    | Zoro                Mining Corp.                                     |
|-----------------------------------------|----------------------------------------------------------------------|
|                                    |                                                                 |
| Date:                September 19, 2007 | By:                /s/ Harold Gardner                                |
|                                    | Harold                Gardner, President and Chief Executive Officer |
|                                    |                                                                 |
| Date:                September 19, 2007 | By:                /s/ Jas Butalia                                   |
|                                    | Jas                ButaliaChief                Financial Officer     |
|                                    |                                                                 |

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