ZORO MINING CORP. Files SEC form 8-K, Change in Directors or Principal Officers

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ZORO MINING CORP. Files SEC form 8-K/A, Entry into a Material Definitive Agreement

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On October 8, 2009 with an effective date of September 23, 2009, the Board of Directors of Zoro Mining Corp., a corporation organized under the laws of the State of Nevada (the "Company"), authorized the execution of a mineral assets option agreement (the "Option Agreement") among each of Gareste Limitada, Twaine Assets SA, Agosto Corporation Limited, Yu Cui, Zhao Heng, Ye Bin, Sun Suzhuan and Chen Zou (collectively, the "Parties"). In accordance with the terms and provisions of the Option Agreement, the Company anticipates acquisition of a 100% legal and beneficial interest in and to approximately twelve property mineral exploration concessions covering nearly 2,900 hectares in a dry lake bed with inflow waters and subsurface brines known as the Piedra Parada salar project and eight property mineral exploration concessions covering nearly 2,300 hectares targeting precious metals known as the Fritis Project, both located in Chile's Atacama Region III (the "Option"). The Option Agreement is subject to due diligence, but if finalized, terms and provisions of the Option Agreement would require the Company to: (i) issue an aggregate of 19,400,000 restricted shares of its common stock proportionately to certain of the Parties; (ii) pay or cause to be paid all underlying option, regulatory and governmental payments and assessment work required to keep the mineral property interests in good standing during the option period; and (iii) grant to Gareste Limitada a 2% net smelter royalty on the proceeds of any production from each of the Piedra Parada and Fritis properties capped at $6,000,000 at each property , one-half of which at each property can be repurchased by the Company at any time before the commencement of commercial production at that property for the sum of $2,000,000. The Company shall be deemed to have exercised the Option and the undivided 100% interest in and to the mineral property intere...
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Zoro Mining Executes Option Agreement for Piedra Parada and Fritis Projects, Region III, Chile

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 10/09/09) - Zoro Mining Corp. (OTC.BB:ZORM - News) ("Zoro") is pleased to announce that, effective September 23, 2009, it has entered into a Mineral Assets Option Agreement (the "Option") with Sociedad Gareste Limitada ("Gareste") and other vendors, for the proposed acquisition by Zoro of the Piedra Parada and Fritis precious metals projects located in Chile's Atacama Region III. The 12 Piedra Parada property mineral exploration concessions cover nearly 2900 hectares in a prototypical salar-a dry lake bed with inflow waters and subsurface brines. The project lies roughly 310 kilometers to the northeast of Copiapo, the capital of Region III, via paved highway and improved roads, and is at an elevation of over 4,000 meters. Previous work by Gareste at the project in the 1990's included surface and auger drill field testing and sampling of the sediments and inflow streams, which identified precious metal anomalies. The rights to lithium, light metals and commercial salts (collectively, the "Lithium Materials") in these concessions have been previously conveyed to a third-party, with Gareste retaining a 2% net smelter return royalty (the "NSR") on Lithium Materials together with other rights and payments. Zoro has targeted possible precious metals and platinum group metals exploration efforts relating to the inflow waters and the uplifted dry lake bed sediments.The Fritis property consists of 8 mineral exploration concessions covering approximately 2300 hectares, located roughly 40 kil...
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ZORO MINING CORP. Financials

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ZORO MINING CORP. Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION GENERAL Zoro Mining Cop. was incorporated under the laws of the State of Nevada on April 20, 2004 under the name "Rochdale Mining Corp". Effective March 19, 2007, we merged with a wholly-owned subsidiary, Zoro Mining Corp., pursuant to Articles of merger filed with the Nevada Secretary of State. The merger was in the form of a parent/subsidiary merger with Rochdale Mining Corp. as the surviving corporation. Upon completion of the merger, our corporate name was changed to "Zoro Mining Corp." and our Articles of Incorporation were amended to reflect this name change. As of the date of this Quarterly Report, we are engaged in the acquisition and exploration of mineral properties located in South America and Mexico. We currently have interests in an aggregate of approximately 32,234 gross acres located in Chile and Peru, and a further 6,822 gross acres located in Mexico, targeting gold, copper and platinum. After the effective date of our registration statement filed with the Securities and Exchange Commission (November 1, 2007), we commenced trading on the Over-the-Counter Bulletin Board. Our current symbol is "ZORM.OB". We have not established any proven or probable reserves on our mineral property interests. To date, we have been engaged primarily in organizational activities and have engaged in minimal exploratory drilling and other exploration activities at several of our properties located in Chile and Peru. Subject to adequate funding, we plan to conduct exploration programs on our properties with the objective of ascertaining whether any of our properties contain economic concentrations of minerals that are prospective for mining. As such, we are considered an exploration or exploratory stage company. Since we are an exploration stage company, there is no assurance that a commercially viable mineral deposit exists on any of our properties, and ...
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ZORO MINING CORP. Files SEC form 8-K, Unregistered Sale of Equity Securities, Financial Statements and Exhibits

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ZORO MINING CORP. Files SEC form 10-K, Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULT OF OPERATION The summarized financial data set forth in the table below is derived from and should be read in conjunction with our audited financial statements for the period from inception (April 20, 2004) to fiscal year ended April 30, 2009, including the notes to those financial statements which are included in this Annual Report. The following discussion should be read in conjunction with our audited financial statements and the related notes that appear elsewhere in this Annual Report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this Annual Report, particularly in the section entitled "Risk Factors". Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles. We are an exploration stage company and have not generated any revenue to date. The following table sets forth selected financial information for the periods indicated. We have incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities. RESULTS OF OPERATION Fiscal Year Ended April 30, 2009 Compared to Fiscal Year Ended April 30, 2008. Our net los...
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ZORO MINING CORP. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events,

Show all filings for ZORO MINING CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ZORO MINING CORP. 22-Apr-2009Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events, Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information pr...
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ZORO MINING CORP. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events,

Show all filings for ZORO MINING CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for ZORO MINING CORP. 22-Apr-2009Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events, Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information pr...
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Zoro Mining Corp. Announces Reverse Share Split

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