SOURCE: Franklin Mining, Inc.

January 30, 2007 08:30 ET

Franklin Mining, Bolivia SA Signs Zinc Contract

LAS VEGAS, NV -- (MARKET WIRE) -- January 30, 2007 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) is today announcing having entered into a contract for the sale of 50,000 tons of Zinc concentrate at 47% minimum to a consortium representing multiple entities in Japan. The consortium, headed by a former Bolivian Ambassador to Japan, is obtaining financing through the Sumitomo Mitsui Banking Corporation for the purchase of the product.

Under terms of this contract, Franklin is permitted to consolidate ore concentrates from both its Cerro Rico and Pulacayo resources. Japanese refinery companies recovering the Zinc will also pay for the silver content of the concentrate.

Additional information on Franklin projects can be found at

About Franklin Mining, Inc.

Franklin Mining, Inc. has interests in the United States, Argentina and Bolivia which include a wholly owned subsidiary, Franklin Mining, Bolivia, as well as 51% interest in Franklin Oil & Gas, Bolivia and 51% interest in Franklin Oil & Gas, Argentina.


"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.

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