Samex Mining Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company has posted loss from operations of CAD 428,427 against CAD 424,251 a year ago. Net and comprehensive profit for the period was CAD 117,482 or CAD 0.01 basic and diluted per share against net and comprehensive loss for the period of CAD 74,635 or CAD 0.01 basic and diluted per share a year ago.

For the nine months, the company has posted loss from operations of CAD 1,237,284 against CAD 3,486,568 a year ago. Net and comprehensive profit for the period was CAD 733,287 or CAD 0.01 basic and diluted per share against CAD 2,628,942 or CAD 0.02 basic and diluted per share a year ago. Net cash flows used in operating activities was CAD 2,617,103 against CAD 1,244,827 a year ago. Expenditures on exploration and evaluation assets were CAD 4,137,701 against CAD 1,757,559 a year ago. Expenditures on equipment were CAD 11,662 against CAD 43,028 a year ago.