SOURCE: Franklin Mining, Inc.

December 20, 2007 11:28 ET

Franklin CEO Extends Holiday Greetings to Shareholders

LAS VEGAS, NV--(Marketwire - December 20, 2007) - Franklin Mining, Inc. (PINKSHEETS: FMNJ) CEO and President, William A. Petty, today issued the following shareholder letter.

To all FMNJ Shareholders, Employees and Partners,

Our company is ending the year on a positive and upbeat note. After much planning and preparation, the Escala Mine project is rapidly moving forward. Senior Franklin Mining, Bolivia S.A. managers and engineers returned yesterday from an extended stay at the mine. The reports, video and photos they brought back will be reviewed and posted on our web-site in the coming days. As I reflect on what has been accomplished the past three months, I believe 2008 will be the breakout year we've all been waiting for, working for.

Thank you for your continued support and Best Wishes for a Happy and Joyous Holiday.


William A. Petty
CEO, President and Chairman
Franklin Mining, Inc.

About The Escala Mine: Comprising three separate mining applications, COMIBOL's Escala Mine concession totals 2,000 hectares located in the Sud Lipez Province, near Bolivia's border with Argentina. Franklin Mining, Bolivia S.A. has been awarded a contract to mine 500 hectares within the original concession. Escala II and Escala III are the other two mining applications currently assigned to another company.

The original Escala Mine was established during the Spanish colonial period and has been mined for lead, zinc, gold and silver. In 2007, Franklin Mining, Bolivia S.A. negotiated an agreement with COMIBOL, National Mining Company of Bolivia, to resume mining operations within the area of the original concession.

About Franklin Mining, Inc: Franklin Mining, Inc. holds mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Mining, Bolivia S.A. is a wholly owned subsidiary. Franklin Mining, Inc. holds 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 ( or contact our Investor Relations firm, A. S. Austin & Company, 1-702-386-5379.

Contact Information

  • For further information contact:
    Investor Relations
    A. S. Austin & Company