SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

March 31, 2011 10:40 ET

Franklin Mining - Kalahari Greentech Announce Plan for Operating Agreement; Bolivia's Escala Mina I's Silver, Lead & Zinc Recovery

LAS VEGAS, NV--(Marketwire - March 31, 2011) - Franklin Mining, Inc. (PINKSHEETS: FMNJ) is pleased to announce having negotiated a Joint Venture Agreement with Kalahari Greentech, Inc. to establish a silver, lead and zinc recovery operation at Bolivia's Escala Mina I.

Franklin has previously been granted rights for the exploration and exploitation of metals and minerals at the Escala Mina I by COMIBOL (National Mining Company of Bolivia). Franklin initially formed a joint-venture including COMIBOL and Cooperativa Minera "INTI" Ltda and established a mining operation with the completion of infrastructure and other restorations at the mine's center of operations and main tunnels. Kalahari Greentech, Inc., La Mesa, CA, focuses on the development, construction, and operation of wind and solar energy projects; this will be their first mining venture. Each company will share equally in joint-venture revenue distributions after expenses.

Terms of the joint-venture provides for Franklin and Kalahari to be jointly and equally responsible for mining operations with each to provide various management services.

About The Escala Mine: Consisting of three separate mining applications, COMIBOL's Escala concession totals 2,000 hectares located in the Sud Lipez Province, near Bolivia's border with Argentina. Franklin Mining Bolivia's current contract is for the recovery of metals and minerals within a 500 hectare area known as Escala Mina I; proposals for the inclusion of Escala II and Escala III mining applications are currently before COMIBOL.

The original Escala Mine was established during Bolivia's Spanish colonial period and has been mined for lead, zinc, gold and silver. In 2007, Franklin Mining Bolivia negotiated an agreement with COMIBOL to resume operations at Escala Mina I and formed a joint-venture to include Cooperativa Minera "INTI" Ltda.

About Franklin Mining, Inc.: Franklin Mining, Inc. has mining interests in the United States and Bolivia. Additional information is available at www.FranklinMining.com

About Kalahari Greentech, Inc.: Kalahari Greentech, Inc. is an energy company focused on the use of Natural Resources of the Earth to produce revenues allowing the company to work on building a stronger planet by developing and implementing Green Technologies worldwide.

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 (www.FranklinMining.com) or contact our Investor Relations firm, A S Austin Company, 210-204-5068

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