SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

January 27, 2011 15:37 ET

Franklin Mining Releases Shareholder Letter

LAS VEGAS, NV--(Marketwire - January 27, 2011) - Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FWB: FMJ). In his first Letter to Shareholders for 2011, Franklin Chairman William Petty offered a brief review of the company's 2010 operations. The letter has been posted at www.FranklinMining.com.

Mr. Petty has also announced that negotiations have recently been finalized for financing -- on a project-by-project basis -- a number of mining and energy opportunities in Bolivia. Details will be released within a month.

Additional details of the Company's pending plans for further development of Bolivia's Escala Mina I joint-venture and the company's application to Bolivian authorities to expand its current commercialization license to include gold will be the focus of a separate letter.

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

Contact Information

  • A S Austin Company
    210-204-5068