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, 2016

2. SEC Identification Number

0010044

3. BIR Tax Identification No.

4300283731

4. Exact name of issuer as specified in its charter

PHILEX MINING CORPORATION

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

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

27 BRIXTON ST., PASIG CITY Postal Code 1600

8. Issuer's telephone number, including area code

6311381

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
COMMON	4,940,399,068

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 COMMON

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	Mar 31, 2016
Currency (indicate units, if applicable)	PHP '000

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2016	Dec 31, 2015
Current Assets	5,269,195	5,271,457
Total Assets	43,842,292	43,549,024
Current Liabilities	5,467,102	5,714,884
Total Liabilities	16,164,313	16,265,122
Retained Earnings/(Deficit)	15,922,706	15,496,271
Stockholders' Equity	27,677,979	27,283,902
Stockholders' Equity - Parent	24,962,850	24,562,783
Book Value per Share	5.6	5.52

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	2,412,865	2,392,613	2,412,865	2,392,613
Other Revenue	-	-	-	-
Gross Revenue	2,412,865	2,392,613	2,412,865	2,392,613
Operating Expense	1,673,735	1,887,118	1,673,735	1,887,118
Other Expense	-83,733	-109,917	-83,733	-109,917
Gross Expense	1,590,002	1,777,201	1,590,002	1,777,201
Net Income/(Loss) Before Tax	612,148	415,901	612,148	415,901
Income Tax Expense	191,703	110,583	191,703	110,583
Net Income/(Loss) After Tax	420,445	305,318	420,445	305,318
Net Income Attributable to Parent Equity Holder	426,435	328,542	426,435	328,542
Earnings/(Loss) Per Share (Basic)	0.09	0.07	0.09	0.07
Earnings/(Loss) Per Share (Diluted)	0.09	0.07	0.09	0.07

Other Relevant Information
N/A