SOURCE: Franklin Mining, Inc.

February 20, 2007 10:23 ET

Environmentally Safe Engineering Process Identified for Pulacayo Mineral Recovery

LAS VEGAS, NV -- (MARKET WIRE) -- February 20, 2007 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) President Jaime Melgarejo, Jr. is reporting that Franklin executives and consultants have completed an in-depth review of various options and identified the process to be used in fulfilling the Pulacayo contract.

In the weeks since the pilot plant intended for use at the Pulacayo worksite was located, Franklin staff and consultants researched all engineering processes thought to be appropriate for use in mineral recovery. There is German technology that will be further reviewed; this technology will eliminate additional environmentally dangerous materials. Franklin is aware of the environment in Bolivia and continues to work toward identify all known hazards.

Mr. Melgarejo emphasized that Franklin's primary objective in conducting the additional research was to identify and select a cyanide-reduced process proven to be environmentally safe and promised that additional details on both the engineering process and a start date for mineral recovery would be made public soon.

Additional information on Franklin's mining projects in Bolivia is available at www.franklinmining.com.

About Franklin Mining, Inc:

Franklin Mining, Inc. has mining and exploration interests in the United States, Argentina and Bolivia including a wholly owned subsidiary, Franklin Mining, Bolivia S.A, and 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A.

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 further information, please visit our website (www.franklinmining.com) or contact our Investor Relations firm, A. Austin & Company, 1-702-386-5379.

Contact Information

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    A. Austin & Company
    1-702-386-5379