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Malbex Resources Inc. : Malbex Q3 update

08/17/2012| 06:49pm US/Eastern
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Malbex Q3 update


August 17, 2012 - Malbex Resources Inc. (TSX-V:MBG) has filed its interim financial statements and MD&A for the three and nine months ended June 30, 2012 on SEDAR ( www.sedar.com ). The documents are also available at www.malbex.ca/Investors/Reports.
"Our current cash position, largely a result of the steps we have taken to reduce costs, allows us to conduct our ongoing exploration activities in areas with the greatest potential upside. Furthermore, with our success at Del Carmen, I am hopeful the continuing efforts in partnering the project will provide valuable longer term ret urns for our shareholders. I am also looking forward to the results from our early work in Peru which should provide us with more geographic balance in our exploration portfolio. These are very challenging times for our industry but our team remains very focused on success," commented Joe Hamilton, President and CEO of Malbex.
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