SOURCE: Franklin Mining, Inc.

Franklin Mining, Inc.

March 05, 2009 10:50 ET

Franklin Releases Assessment of Escala Joint-Venture's Mineralogical Potential

LAS VEGAS, NV--(Marketwire - March 5, 2009) - Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO, William Petty, has released a preliminary evaluation of mineralogical potential for the Escala Mine joint-venture. The report has been posted at www.FranklinMining.com.

Before releasing today's report, Mr. Petty said, "With production about to begin at the Escala, it is time to release our documentation on probable reserves. May 2008's assessment has been the justification of Franklin's investment in moving the Escala to Stage II. The next level of laboratory reports will provide the 'bankable analysis' required for further capitalization -- those reports will be released as soon as received and reviewed."

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. 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, 702-386-5379.

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