Franconia Minerals Corporation
TSX VENTURE : FRA

Franconia Minerals Corporation

August 17, 2007 11:01 ET

Franconia Appoints Brian Gavin as CEO

SPOKANE, WASHINGTON--(Marketwire - Aug. 17, 2007) - Franconia Minerals Corporation (TSX VENTURE:FRA) announced today that its Board of Directors has appointed Brian Gavin as the Company's first Chief Executive Officer. Mr. Gavin has been the president and a director of the Company since 2001, and he will continue in these roles.

"The Board of Directors is delighted to expand Brian's role and leadership responsibilities at Franconia. Under his direction, our company has made tremendous progress operationally and generated substantial shareholder value. We are confident that Brian will successfully lead Franconia towards active mining in the Duluth Complex of Minnesota within our established timeframe," said George Tikkanen, Franconia's Chairman.

Franconia Minerals is focused on the exploration and extraction of base and platinum group metals in the United States. Franconia's primary property is its advanced-stage Birch Lake platinum-palladium-copper-nickel exploration project in the Duluth Complex in northeastern Minnesota where it is in control of the largest exploration land holdings of any exploration entity. The Company is also exploring for copper at its Red Knoll copper property in Arizona with partner Teck Cominco.

Mr. Gavin has more than 24 years experience in all phases of mineral exploration, project evaluation and project management. He has worked in the field as project manager and consultant in base metal, precious metal and industrial minerals programs in the US, Mexico, Nigeria, Romania and Argentina, and is responsible for grassroots gold, silver and copper discoveries in the United States and Argentina.

From 1981 to 1993 he was a consultant with Ernest K. Lehmann & Associates Inc, a geological mining consulting firm. He is currently Vice President of Exploration for Minera Andes Inc. and a director of its subsidiary company, Minera Santa Cruz S.A. A certified professional geologist, Mr. Gavin holds a B.Sc. (Honours) degree in Geology from the University of London and a M.S. degree in Geology and Geophysics from the University of Missouri-Rolla.

Franconia Minerals Corporation trades on the TSX-V under the symbol FRA. (For additional information see www.franconiaminerals.com.)

Franconia currently has 57,629,774 shares issued and outstanding.

Brian Gavin, President and CEO

FORWARD-LOOKING STATEMENT: Although Franconia Minerals Corporation believes many of its properties have promising potential. These properties are in the early stages of exploration. None have yet been shown to contain proven or probable mineral reserves. There can be no assurance that such reserves will be identified on any property, or that, if identified, any mineralization may be economically extracted.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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