Malbex Resources

Snapshot

All information below is as of August 13, 2010 unless noted otherwise.

People
The Company is a pure gold play with a proven management and board, including five former Aurelian executives/directors, and other mining industry veterans. The team has a successful track record in mining exploration, discovery, development, financing and mergers & acquisitions.
Projects
Malbex is exploring all three of its properties, thereby increasing the likelihood of success. The project locations have been carefully chosen to be highly prospective, containing multiple target zones and alteration systems similar to those of nearby Barrick gold deposits that contain 30M oz of gold.
Jurisdiction
We are operating in the pro-mining jurisdiction of San Juan province, Argentina, with the support of the provincial government. San Juan hosts two large operating gold mines, two development projects and numerous exploration projects.

PROJECT & OWNERSHIP	PRINCIPAL TARGET	2009/2010 FIELD ACTIVITIES	SIZE (HECTARES)

Del Carmen 100%-owned	Pascua-Lama/Veladero style high sulphidation epithermal gold-silver (bulk tonnage) and El Indio style high-grade gold+silver±copper vein systems	Mapping, geophysical surveys and 4,700 metres of diamond drilling at Del Carmen Norte; mapping and sampling of the Del Carmen Sur alteration system	14,700 hectares
Despoblados 100%-owned	Low to intermediate sulphidation epithermal gold-silver vein systems	Mapping & geophysical surveys to identify drill targets	3,600 hectares
Los Amarillos 100%-owned	High sulphidation epithermal gold-silver (bulk tonnage) systems	Sampling, mapping and geophysical surveys of known prospects to identify drill targets; stream sediment geochemical program over remainder of property	4,100 hectares
Totals			22,400 hectares



TSX:V listing	MBG
Working capital (June 30, 2010)	$12.4 million
Shares outstanding	98.6 million
Fully diluted shares	135.4 million
Insider holdings (Management, Directors and Founders)	10% of shares outstanding