SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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)

Jul 14, 2017

2. SEC Identification Number

101

3. BIR Tax Identification No.

320-000-160-247

4. Exact name of issuer as specified in its charter

LEPANTO CONSOLIDATED MINING COMPANY

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

21st Floor, Lepanto Building, 8747 Paseo de Roxas, Makati City, Philippines Postal Code 1226

8. Issuer's telephone number, including area code

(632) 815-9447

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
Class "A"	30,819,595,359
Class "B"	20,546,369,194

11. Indicate the item numbers reported herein

n/a

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.

Lepanto Consolidated Mining CompanyLC

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of News Reports

Source	BusinessWorld Online
Subject of News Report	Lepanto to start production from copper-gold project in 3rd quarter
Date of Publication	Jul 13, 2017

Clarification of News Report
We refer to your request for clarification of the article posted on BusinessWorld Online on July 13, 2017, as follows: “LEPANTO Consolidated Mining Company on Wednesday said it will start production from its Benguet copper-gold project in the third quarter of 2017. In an e-mailed statement, Lepanto said on-going drilling revealed previously unrecognized gold-bearing vein systems, comprised of quartz, pyrite and gold (QPG), in five areas of its copper-gold project located next to its Victoria gold project in Mankayan, Benguet. ‘The QPG veins will have a very positive impact on future gold production,’ the mining firm said. With this findings, Lepanto said it will commence production from the copper-gold project in the third quarter. ‘For this purpose, the copper flotation plant is presently being debugged. Initial combined ore throughput from the Victoria and the Copper-Gold Project is estimated at 1,500 tons per day, ramping up to 3,000 tons per day by 2019,’ it added. Also, Lepanto said ‘new significant’ porphyry copper-gold systems were also discovered during drilling. ‘The potential for significant deeper mineralization is indeed exciting and additional drilling is planned to fully test the porphyry style of mineralization,’ it said. Lepanto started exploration in October 2015 and has so far completed 41,000 meters of underground drilling to evaluate the copper-gold project resources at the former enargite mining area. The firm has discovered combined indicated and inferred resources of 6.67 metric tons (MT) with a copper grade of 0.99 % Cu and gold content of 2.16 gram per ton. On-going drilling has since identified additional resource of 7.90 MT at 1.69% copper grade and 2.07 grams per ton of gold. . . . .” We confirm the foregoing information. We further advise that there is a technical report as required under the Philippine Mineral Reporting Code by a Competent Person on the reported mineral resource which is presently being reviewed and finalized, for submission in due course.
Other Relevant Information
n/a