SOURCE: Franklin Mining, Inc.

December 27, 2006 11:15 ET

Franklin Mining, Inc. Receives Metallurgical Report on Pulacayo Tailings Sampling

LAS VEGAS, NV -- (MARKET WIRE) -- December 27, 2006 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) announced today that Franklin Mining, Inc. has received the metallurgical report on the Pulacayo tailings project. "This report is part of our due diligence before we invest in this project. We have been waiting for this report for the last 60 days; we are currently reviewing the report so we can proceed with the best program to cash flow the project," stated Jaime Melgarejo, President of Franklin Mining, Inc.

Interested parties can review the information about the Pulacayo Project and other Franklin Mining, Inc. projects on our website.

About Franklin Mining, Inc.

Franklin Mining, Inc. has a wholly owned subsidiary in Bolivia, Franklin Mining, Bolivia.

Franklin Mining, Inc. owns 51% interest in Franklin Oil & Gas, Bolivia.

Franklin Mining, Inc. owns 51% interest in Franklin Oil & Gas, Argentina.

Franklin Mining, Inc. has interest in the United States, Argentina and Bolivia.


"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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