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

Sep 30, 2016

2. SEC Identification Number

10044

3. BIR Tax Identification No.

000-283-731-000

4. Exact name of issuer as specified in its charter

PHILEX MINING CORPORATION

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

MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2/FLaunchPad, Reliance corner Sheridan Sts., Mandaluyong City Postal Code 1550

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

#27 Brixton St., Pasig City

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
Amount of Debt Outstanding	9,551,205,847

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	Sep 30, 2016
Currency (indicate units, if applicable)	in PHP'000

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2016	Dec 31, 2015
Current Assets	6,841,678	5,271,457
Total Assets	39,289,636	43,549,024
Current Liabilities	5,491,770	5,714,884
Total Liabilities	15,110,766	16,265,122
Retained Earnings/(Deficit)	15,233,986	15,496,271
Stockholders' Equity	24,178,870	27,283,902
Stockholders' Equity - Parent	24,179,113	24,562,783
Book Value per Share	4.89	5.52

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	2,657,962	2,147,608	7,026,825	6,546,424
Other Revenue	-	-	-	-
Gross Revenue	2,657,962	2,147,608	7,026,825	6,546,424
Operating Expense	1,794,452	1,790,244	5,047,645	5,338,518
Other Expense	122,219	36,371	96,424	-16,368
Gross Expense	1,916,671	1,826,615	5,144,069	5,322,150
Net Income/(Loss) Before Tax	-179,286	320,993	962,179	1,224,274
Income Tax Expense	215,277	97,717	570,694	350,197
Net Income/(Loss) After Tax	-394,563	223,276	391,485	874,077
Net Income Attributable to Parent Equity Holder	576,515	244,350	1,355,119	851,324
Earnings/(Loss) Per Share (Basic)	0.12	0.05	0.27	0.17
Earnings/(Loss) Per Share (Diluted)	0.12	0.05	0.27	0.17

Other Relevant Information
n/a