SOURCE: Franklin Mining, Inc.

July 19, 2007 08:30 ET

Franklin Mining Schedules Financial Meetings and Work-Site Inspections for August 2007

LAS VEGAS, NV--(Marketwire - July 19, 2007) - Franklin Mining, Inc. (PINKSHEETS: FMNJ) President, Jaime Melgarejo, Jr., is pleased to announce he has scheduled a series of meetings to introduce his company's New York, NY-based financial advisor to his in-country executives and managers and other Franklin Mining advisors and consultants in South America.

The meetings to be held in La Paz, Santa Cruz and Potosi, Bolivia and Buenos Aires, Argentina, will be attended by Gregorie de Rothschild of GDR Privée and executives from each of Franklin's South American subsidiary companies. Other participants include representatives of COMIBOL, YPFB, Miramonte Mining and TECNA Group.

Specific dates have been set to coincide with celebrations of Bolivia's Independence Day and Franklin Mining, Bolivia S.A's anniversary, traditionally a day of celebration by Bolivian employers in appreciation of their workers.

About Franklin Mining, Inc: Franklin Mining, Inc. has mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Mining, Bolivia S.A. is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A. Additional company information is available at www.franklinmining.com.

GDR Privée, a New York City investment bank, is Franklin's financial consultant for the Tierra del Fuego, Argentina GTL project. COMIBOL is the National Mining Company of Bolivia. YPFB is Bolivia's state-owned petroleum company, Yacimientos Petrolíferos Fiscales Bolivianos. Franklin is currently negotiating with Miramonte Mining AG, Zurich, a mining company operating in Ecuador, for the construction and operation of a flotation plant at the Pulacayo Tailings work-site. Franklin has recently received a proposal from TECNA Group, a global engineering and construction firm, to prepare a feasibility study for the Tierra del Fuego GTL plant.

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. Austin & Company, 1-702-386-5379.

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