Kobex Minerals Inc. (Kobex), through its subsidiaries, is engaged in the acquisition and exploration of mineral properties, with a focus in Argentina, Peru, and Canada. The Company has a group of claims for the Mel property and the Barb property, both situated in Yukon, Canada. The Company, as of December 31, 2011, had two properties in its portfolio: Mel Property and Barb property. It has two direct wholly owned subsidiaries at December 31, 2011, namely: IMA Latin America Inc. and Kobex Resources Ltd. (Kobex Resources). The Company has 100% interest in the Mel property. The Mel property consists of 257 mineral claims covering 5,380 hectares situated in the Watson Lake Mining District of the Yukon Territory. The Barb Property consists of 21 mineral claims situated in the Watson Lake Mining District, Yukon Territory, approximately 100 kilometers north of the town of Watson Lake, with the main targets being zinc, lead and silver. The main target resources are zinc, lead and barite.