Franconia Minerals Corporation
TSX VENTURE : FRA

Franconia Minerals Corporation

August 23, 2007 11:53 ET

Franconia Appoints Director of Investor Relations

SPOKANE, WASHINGTON--(Marketwire - Aug. 23, 2007) - Franconia Minerals Corporation (TSX VENTURE:FRA) announced today that it has entered into a revised consulting agreement with Greg W. Taylor pursuant to which Mr. Taylor will become Director of Investor Relations and Corporate Communications for Franconia. He has provided investor relations support and counseling to Franconia since November 2005. Now, working with senior management and a number of the Company's advisors, he will oversee all aspects of Franconia's investor relations and corporate communications programs. Mr. Taylor will receive a fee of Cdn$6,000 per month.

Mr. Taylor is a senior Investor Relations and Corporate Communications executive with more than 15 years experience in assisting more than 30 resource companies and their senior executives to enhance the companies' valuations and communicate with a broad range of investors and other stakeholders around the world.

A former journalist, Mr. Taylor is also a senior member of the Canadian Investor Relations Institute (CIRI) and past member of the Canadian Public Relations Society (CPRS).

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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