SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

April 26, 2010 09:03 ET

As Antimony Prices Continue Climbing, Franklin Is Positioned for an Expanded Presence in Bolivia's Antimony Mining Sector

LAS VEGAS, NV--(Marketwire - April 26, 2010) - Franklin Mining, Inc. (PINKSHEETS: FMNJ)(PINKSHEETS: FWB)(PINKSHEETS: FMJ) recently formed a joint-venture for the mining and processing of Antimony at the San Antonio de Turiri and has begun acquiring additional operating agreements within Bolivia's primary antimony belt. Franklin's 2009 operating agreement for the Turiri was followed by an April 2010 operating agreement for the Sorpresa. Additional agreements are nearing completion.

Domestic antimony prices of $8,550 to $9,500 per tonne were reported in an April 20, 2010 Metal Bulletin article. The most important use of antimony in the United States is as a flame retardant, a form of fireproofing. With federal law requiring antimony be used in certain children's clothing, fireproofing accounts for more than half of the U.S.'s annual antimony consumption. Other uses are as pigments in plastic, paint and rubber; in the manufacturing of armaments and ammunition; in automotive batteries; in portions of the glassmaking industry; and, in a wide variety of smaller quantity uses including medicine and electronics.

Bolivia's 2009 antimony production (the latest year for which the U.S. Geological Survey has published an estimate) is again second only to China. With an estimated 310 thousand metric tons, Bolivia's reserves rank fourth in the world.

About Franklin Mining, Inc: Franklin Mining, Inc. has mining interests in the United States and Bolivia; additional information is available at

DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.

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