Franconia Minerals Corporation

Franconia Minerals Corporation

October 01, 2009 13:32 ET

Franconia Minerals to Present at Mining in Minnesota Symposium in New York

SPOKANE, WASHINGTON--(Marketwire - Oct. 1, 2009) - Franconia Minerals Corporation (TSX:FRA) announced today it will present at the Mining In Minnesota Symposium in New York at The Cornell Club on Tuesday, October 6, 2009. Brian Gavin, Franconia's President and CEO, will present the Company's business strategy and exploration results at 11:00 a.m. Eastern Standard Time.

Attendance at the symposium is by invitation only. An updated PowerPoint presentation will be posted at upon the symposium's conclusion.

About Franconia Minerals Corporation: Franconia is currently focused on the development of the Birch Lake copper-nickel-platinum-palladium project - consisting of the Birch Lake, Maturi and Spruce Road deposits - in the highly prospective Duluth complex in northeastern Minnesota. The recently updated NI 43-101 report estimates an Indicated Resource of 131.2 million tonnes, plus an Inferred Resource of 37.5 million tonnes for the Birch Lake deposit (see news release of September 23, 2009). Underground mining at Birch Lake will minimize the surface impact of the operation. Also, storage of mine wastes underground would further minimize the surface impact. Additional resources at the Birch Lake project include Inferred Resources at the Maturi deposit (see news release of September 6, 2006) and at the Spruce Road deposit (see news release of December 3, 2007). Franconia currently has 59,082,572 shares issued and outstanding.

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.

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