Zinc One Resources is engaged in the exploration and development of its exploration properties, and the investigation of other potential transactions in the spectrum of mineral resource exploration and development. The recoverability of the amounts shown for exploration and evaluation assets is dependent upon the existence of economically recoverable reserves, the ability of Co. to obtain necessary financing to complete the development of those reserves and upon future profitable production. Co. has three reportable operating segments, being the acquisition and exploration of interests in mineral properties located in three geographical segments: Canada, Peru and Africa.