SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

July 07, 2010 11:58 ET

Franklin Mining Waiting to Receive Commercial License

LAS VEGAS, NV--(Marketwire - July 7, 2010) -  Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman, CEO and President William Petty is pleased to announce the Company has completed all requirements for obtaining a commercialization license from Bolivia's Ministry of Mines and Hydrocarbons. "We have submitted all necessary documents, had our initial interviews," Mr. Petty said, "and hope to receive our license later in the month."

When received, the Company will begin commercialization of antimony production in the Departments of Potosi and Oruro. "Our commercial license will also permit Franklin to begin purchasing minerals and metals from local producers in the area for resale internationally. Franklin's ability to export product purchased from small operators as well as import and export many of the goods and supplies critical to Bolivia's mining industry is a new phase for the Company as well as a new opportunity for mine operators in Potosi and Oruro," he concluded.

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

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