SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

April 13, 2011 15:00 ET

Franklin Mining Appoints R. Adrian Cotasaenz President

LAS VEGAS, NV--(Marketwire - Apr 13, 2011) - Franklin Mining, Inc. (PINKSHEETS: FMNJ) Chairman and CEO, William Petty, has this morning announced the appointment of Mr. Adrian Cotasaenz as President, Franklin Mining, Inc.

In making today's announcement, Mr. Petty said, "Adrian has long been associated with Franklin Mining, having conferred with us on several potential construction projects over the past year. During the past few months, I recognized that Adrian's leadership as Founder and President of Segovia Group was far more valuable to Franklin than in just the role of a joint-venture partner. After lengthy discussions between Adrian, myself and other Franklin directors, executives and managers, we have mutually agreed that he will formally join us and serve as our President.

"Adrian has distinguished himself as Founder, Chairman and CEO of Segovia Group Corporation. With offices in San Antonio, Texas Segovia quickly grew to be a multi-million dollar developer of real estate and construction projects throughout the US and in Central America and was recently recognized as a Service Disabled Veteran Owned Small Business.

"Adrian was raised in El Paso, Texas, attended the University of Texas, El Paso studying in the College of Business Administration before enlisting in the United States Marine Corps in 1995. Serving in Operation Desert Fox as an Infantry Squad Leader, he was twice awarded the Navy-Marine Corps Achievement Medal," Mr. Petty concluded today's announcement welcoming Mr. Cotasaenz to Franklin Mining, looking forward to personally introducing him to our several joint-venture mining partners in Bolivia.

About Franklin Mining, Inc: Franklin Mining, Inc. (www.franklinmining.com) holds mining and energy interests in the United States and Bolivia.

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.

Contact Information

  • For further information:
    Please visit our website (www.franklinmining.com)
    Or contact our Investor Relations firm:
    A. S. Austin & Company
    210-204-5068