CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Mar 20, 2024
2. SEC Identification Number
10044
3. BIR Tax Identification No.
000283731000
4. Exact name of issuer as specified in its charter
PHILEX MINING CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2nd Floor Launchpad, Reliance Street cor. Sheridan Street, Mandaluyong City Postal Code1550
8. Issuer's telephone number, including area code
+632 8631 1381
9. Former name or former address, if changed since last report
n/a
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
common
5,782,399,068
11. Indicate the item numbers reported herein
17-C Remaining Mineral Resource
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Philex Mining CorporationPX
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
SUMMARY OF REMAINING MINERAL RESOURCE
Background/Description of the Disclosure
HIGHLIGHTS
Total Measured and Indicated Mineral Resource for the Padcal Mine are now estimated at 190.8 million tonnes at a grade of 0.18%Cu and 0.30 g/t Au.
Within the active mining levels remaining resource is at 60.8 million tonnes with grade of 0.20%Cu and 0.28 g/t Au.
There is an overall decrease in tonnage by 7% compared to last year which is accounted for by production extraction and an increase in the cut-off grade.
Other Relevant Information
Please refer to the attached file for the relevant details.