Franklin, Turiri Sign Agreement
March 30 2009 - 1:44PM
Marketwired
Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman,
CEO and President William A. Petty is pleased to announce that the
contract to operate Bolivia's San Antonio de Turiri antimony mine
has been executed. Located in the Department of Potosi about 100 km
from the city of Potosi (approximately 35 km from the nearest
processing plant), San Antonio de Turiri is historically one of
Bolivia's most consistently productive, small antimony mining
operations; in recent years, Bolivia has produced an estimated 3.5%
of the world's annual antimony consumption.
The Turiri contains three known ore zones that have
traditionally been treated as three different mining sections.
Production records and laboratory analysis reports between December
1969 and September 2008 confirm steady monthly output. Details on
current and anticipated increases in monthly production are
scheduled to be released in an upcoming Memo to Shareholders.
About Franklin Mining, Inc: Franklin Mining, Inc. holds 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).
Contact: Investors Relations Dept. 210-525-1267
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