Malbex Resources Inc. (TSX VENTURE:MBG) has filed its financial statements and
MD&A for the three months ended December 31, 2012 on SEDAR (www.sedar.com). As
of December 31, 2012, Malbex had working capital of $1.65 million and
cash-on-hand of $2.04 million compared with working capital of $1.8 million and
cash-on-hand of $2.3 million at September 30, 2012. 


About Malbex 

Malbex Resources Inc. is a gold exploration company with projects in Argentina.
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 inferred mineral resource estimate for the Rojo Grande zone 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. 


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release
includes certain information that may constitute "forward-looking information"
under applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements about strategic plans, spending
commitments, future operations, results of exploration, anticipated financial
results, future work programs, capital expenditures and objectives.
Forward-looking information is necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause the actual results and
future events to differ materially from those expressed or implied by such
forward-looking information, including the risks identified in the Company's
annual information form under the heading "Risk Factors". There can be no
assurance that such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
information. Accordingly, readers should not place undue reliance on
forward-looking information. All forward-looking information contained in this
press release is given as of the date hereof and is based upon the opinions and
estimates of management and information available to management as at the date
hereof. The Company disclaims any intention or obligation to update or revise
any forward-looking information, whether as a result of new information, future
events or otherwise, except as required by law. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Malbex Resources Inc.
Joseph Hamilton
Chief Executive Officer
(416) 628-0215
ir@malbex.ca
www.malbex.ca

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