SOURCE: Franklin Mining, Inc.

January 03, 2007 11:58 ET

With Gold and Silver Poised for Additional Gain in 2007, Metallurgical Report on Pulacayo Tailings Project Reveals Significant Potential for Franklin Mining, Inc.

LAS VEGAS, NV -- (MARKET WIRE) -- January 3, 2007 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) has announced receipt of a metallurgical report commissioned in anticipation of a COMIBOL partnership for the recovery of gold and silver from the Pulacayo, Bolivia tailings.

As previously announced by Jaime Melgarejo, President of Franklin Mining, Inc, this study was completed as part of Franklin's due diligence prior to initiating the capital investment required to build and operate a processing plant. The report has been accepted and approved by Franklin's Board of Directors for publication and distribution to financial partners.

Additional information on the plant's operations will be released as soon as final arrangements are concluded. The full Pulacayo report together with information on other Franklin Mining, Inc. projects can be found at

About Franklin Mining, Inc.

Franklin Mining, Inc. has interests in the United States, Argentina and Bolivia which include a wholly owned subsidiary, Franklin Mining, Bolivia, as well as 51% interest in Franklin Oil & Gas, Bolivia and 51% interest in Franklin Oil & Gas, Argentina.


"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.

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