SOURCE: Franklin Mining, Inc.

November 18, 2008 12:31 ET

Franklin Announces Reorganization

LAS VEGAS, NV--(Marketwire - November 18, 2008) - Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) announces the reorganization of its business structure and top management effective Tuesday, November 18, 2008, splitting its mining and energy divisions and appointing Howard Dunn, PE to the position of President, Franklin Oil & Gas Division. Mr. Paul Baker has been appointed to direct Mining Operations in Bolivia.

"As President of our Oil & Gas Division, Mr. Dunn will be responsible for the oversight, coordination and development of Franklin's GTL project in Argentina. Mr. Fernando Infante, Franklin Mining Executive Vice-President will work with Mr. Dunn on energy issues." Mr. Petty's remarks on Franklin's top management realignment continued, "Howard and Fernando will work directly with Dr. Isaac Rahmim, President, E-MetaVenture, Inc. as we expand and strengthen our Oil & Gas Division."

"Mr. Paul Baker, a career mining executive with a thorough understanding of the industry in South America, has assumed responsibility for on-site management and coordination of all mining operations and logistics for our joint-venture Escala I project in Bolivia." Mr. Petty added, "Paul has been a mining consultant to Franklin since mid-2007 and I am pleased he has agreed to be our on-site manager as Franklin moves forward with our capital investment plan for the Escala."

About Franklin Mining, Inc: Franklin Mining, Inc. has mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Mining, Bolivia is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas International S.A. Additional 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 further information, please visit our website (www.FranklinMining.com) or contact our Investor Relations firm, A. S. Austin & Company, 702-386-5379.

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