Malbex Resources Inc. (TSX.V:MBG) CEO Tim Warman talks about the opportunities for a major discovery embodied in the company's project portfolio in the El Indio Gold Belt near the border with Chile.
Outstanding drill results, such as 109 metres grading 2.05 grams per tonne gold and 7.3 grams per tonne of silver, are representative of the size and potential of the near surface deposit at its flagship Del Carmen Project. The company has three projects in Argentina, and one in Perú.
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About Malbex Resources Inc.
Malbex Resources Inc. is a gold exploration company led by experienced management and directors with projects in Argentina and Peru. In April 2010, Malbex made a near-surface, gold-silver oxide discovery at Del Carmen, its lead project in Argentina. Released in September 2011, the first-ever National Instrument 43-101-compliant, inferred mineral resource estimate for the Rojo Grande deposit at Del Carmen measured 25.4 million tonnes grading 1.00 g/t gold and 13.3 g/t silver for 816,600 ounces of contained gold and 10.9 million ounces of contained silver. The Del Carmen project is located in the El Indio Gold Belt, which contains more than 35 million ounces of gold in current reserves and past production, including Barrick's Veladero mine and Pascua-Lama project. For more information, please visit www.malbex.ca (http://www.malbex.ca/).
About Midas Letter Money
Midas Letter Money is the show about commodities, energy, and natural resources and the public companies who seek for and develop them. Hosted by James West and distributed to 450,000 installed subscribers to the Thomson Reuters Insider platform, the show is available at insider.thomsonreuters.com or at http://www.midasletter.com
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