Samex Mining Corp. announced audited consolidated earnings results for the year ended December 31, 2011. For the year, loss from operations was CAD 4,259,292 compared to CAD 1,163,026 for the same period a year ago. Net and comprehensive loss for the year was CAD 3,845,201 compared to CAD 1,091,350 for the same period a year ago. Basic and diluted loss per share was CAD 0.03 compared to CAD 0.01 for the same period a year ago. Net cash flows used in operating activities was CAD 1,653,507 compared to CAD 972,118 for the same period a year ago. Expenditures on exploration and evaluation assets were CAD 2,570,758 compared to CAD 1,309,685 for the same period a year ago. Expenditures on equipment were CAD 101,509 compared to CAD 30,019 for the same period a year ago.