SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

April 19, 2010 10:20 ET

Franklin CEO Releases First Quarter 2010 Shareholder Letter

LAS VEGAS, NV--(Marketwire - April 19, 2010) - Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman, CEO and President William Petty has released his First Quarter 2010 Letter to Shareholders in which he confirmed finalization of the company's joint-venture with Houston-based Planet Resource Recovery, Inc. To be known as Raptor Ventures, LLC, the joint-venture will operate Bolivia's San Antonio de Turiri antimony mine.

In two weeks, Planet Resource Recovery executives and technicians will travel to Bolivia to finalize arrangements for mining an estimated 50 tonnes of antimony and deployment of equipment and supplies needed for an expanded operation.

Bolivia's privately owned Turiri has a main ore body ranging from 60% to 67% purity with a secondary ore body of 5% to 10% purity. Recent studies indicate less than 5% of reserves have been mined.

About Franklin Mining, Inc: Franklin Mining, Inc. has mining interests in the United States and Bolivia. Mr. Petty's April 16, 2010 Letter to Shareholders and additional company 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.

Contact Information