Tony,
The later style '86 +sport mirrors are mounted to the upper bodyline on the Malibu and/ or El Camino. You'll definitely need the El Camino base gaskets...they have the proper mounting angle.
You will have to drill new holes as 565bbc has stated...and of course weld up the old mirror holes.
You will have to add reinforcement plates to at least the passenger side....the driver side has one that you will be able to drill thru...if I recall correctly.
I would suggest removing the studs from the mirror bases, and with help from a friend, hold the mirror to the best position...outline the bases and use the gasket as a template to drill the new holes.
Pretty simple.
Jack looks like the first pic Tony put up is for the 85 and older sport mirrors so if those are the ones he's using he shouldn't have to drill new holes....except for the RH side if not equipped with RH mirror.
Tony here's a pic of the reinforcement plate for the RH side that 565 mentioned...it's riveted in...