Franklin CEO Returns to Bolivia; Will Visit Argentina to Review Progress of GTL Contract Negotiations
December 02 2008 - 10:41AM
Marketwired
Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) CEO
William Petty returned to Santa Cruz, Bolivia on Sunday, November
30, 2008, before traveling to Buenos Aires, Argentina. In Santa
Cruz, Mr. Petty met with Franklin Mining, Bolivia managers and
consultants to review plans and schedules for accepting delivery of
capital equipment designated for use at the Escala Mine. Mr. Petty
also had an opportunity to evaluate the status of Franklin's Escala
joint venture following staff reorganizations implemented in
November 2008. Meetings scheduled later this week in Buenos Aires
will provide Mr. Petty the opportunity to personally review the
status of Franklin's pending contract for constructing a GTL
facility in the Province of Tierra del Fuego, Argentina.
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 is a wholly owned
subsidiary. Franklin Mining, Inc. holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas
International S.A. 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.
Contact: Investor Relations A. S. Austin & Company
702-386-5379
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