Sunday 23rd October 2016

Resource Clips

Malbex reports Argentina Results including 2.05 g/t Gold, 7.4 g/t Silver over 109m

Resource Clips - essential news on junior gold mining and junior silver miningMalbex Resources Inc TSXV:MBG announced results from its Del Carmen Project in Argentina. Highlights include

2.05 g/t gold and 7.4 g/t silver over 109 metres
(including 4.01 g/t gold and 17.3 g/t silver over 23 metres)
1.48 g/t gold and 1.9 g/t silver over 4 metres

The project’s Rojo Grande Deposit has a September 2011 resource estimate of 25.4 million tonnes grading 1 g/t gold and 13.3 g/t silver for 816,600 ounces gold and 10.9 million ounces silver inferred.

President/CEO Tim Warman stated, “Hole 57A has clearly demonstrated the continuity of potentially economic, near-surface mineralization to the south-southwest of the inferred mineral resource at Rojo Grande. Our goals this season are to expand the one-million-ounce gold-equivalent resource in the Rojo Grande deposit and to test other promising geological and new geophysical targets within the nine-square-kilometre Del Carmen Norte alteration system.”

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Tim Warman
or Marla Gale
VP of Investor Relations

by Greg Klein

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