SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Mar 31, 2015

2. SEC Identification Number

10044

3. BIR Tax Identification No.

4300283731000

4. Exact name of issuer as specified in its charter

PHILEX MINING CORPORATION

5. Province, country or other jurisdiction of incorporation or organization

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Philex Building, No.27 Brixton Street, Pasig City, Philippines Postal Code 1600

8. Issuer's telephone number, including area code

(02) 631-1381 to 88

9. Former name or former address, and former fiscal year, 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
Number of Common Stock Outstanding	4,940,399,068
Amount of Debt Outstanding	9,800,916,902

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

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 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	May 31, 2015
Currency (indicate units, if applicable)	Peso ('000)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2015	Dec 31, 2014
Current Assets	8,249,625	9,530,483
Total Assets	44,261,153	44,640,348
Current Liabilities	6,531,008	7,522,818
Total Liabilities	17,123,537	17,598,528
Retained Earnings/(Deficit)	14,941,746	14,712,032
Stockholders' Equity	27,137,616	27,041,820
Stockholders' Equity - Parent	23,719,712	23,599,417
Book Value per Share	5.49	5.47

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	2,193,102	2,699,530	2,193,102	2,699,530
Other Revenue	0	0	0	0
Gross Revenue	2,193,102	2,699,530	2,193,102	2,699,530
Operating Expense	1,887,118	2,273,948	1,887,118	2,273,948
Other Expense	-109,917	49,117	-109,917	49,117
Gross Expense	1,777,201	2,323,065	1,777,201	2,323,065
Net Income/(Loss) Before Tax	415,901	376,465	415,901	376,465
Income Tax Expense	110,583	109,042	110,583	109,042
Net Income/(Loss) After Tax	305,318	267,423	305,318	267,423
Net Income Attributable to Parent Equity Holder	328,542	252,528	328,542	252,528
Earnings/(Loss) Per Share (Basic)	0.07	0.05	0.07	0.05
Earnings/(Loss) Per Share (Diluted)	0.07	0.05	0.07	0.05

Other Relevant Information
N/A