SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

March 16, 2010 03:00 ET

Franklin Confirms $32 Million Funding Arranged Through GDR Privee, Inc.

LAS VEGAS, NV--(Marketwire - March 16, 2010) -  Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman, CEO and President William Petty has today confirmed that Franklin's recently announced $32 million funding was arranged under the guidance of Mr. Charles Gregoire de Rothschild, Chairman, GDR Privée, Inc.

In making today's announcement, Mr. Petty said, "I am very pleased to confirm that with the guidance of Mr. de Rothschild, Franklin Mining has secured funding necessary for the expansion of our current mining projects in Bolivia as well as several new projects planned for development in 2010."

GDR Privée, Inc. is a family office and an International Boutique Investment Firm that specializes in financing. For additional information, please contact Charles Gregoire de Rothschild, GDR@GDRPrivee.com

About Franklin Mining, Inc: Franklin Mining, Inc. has mining interests in the United States and Bolivia. 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 additional information, please visit our website (www.FranklinMining.com) or contact our Investor Relations firm, A S Austin Company, 210-204-5068 or FMNJ@asaustinco.com.

Contact Information