SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

August 24, 2010 08:30 ET

Franklin Awarded Commercialization License by Bolivian Authorities

LAS VEGAS, NV--(Marketwire - August 24, 2010) -  Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) is pleased to announce that they have been approved by Bolivia and received their Commercialization License for marketing (importing and exporting) minerals.

CEO William Petty, in his statement confirming today's announcement, said, "Franklin has for a long time worked to become a major exporter of Bolivia's mineral production. Over the last few years, we've built solid relationships with local producers of antimony, tin, wolframite, tantalite, lead and iron. With our Commercialization License, we are now prepared to begin providing international marketing resources for Bolivia's mine owners and operators."

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

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.

For additional information, please visit our website (www.FranklinMining.com) or contact our Investor Relations firm, A S Austin Company, 210-204-5068 or FMNJ@asaustinco.com.

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