Franklin Positioned to Become Direct Supplier of Antimony
April 01 2009 - 9:00AM
Marketwired
Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) has
signed an operating agreement for Bolivia's San Antonio de Turiri
antimony mine. The Turiri agreement permitted Franklin to establish
a presence in the US as a supplier of antimony as a raw material
and concentrate as well as a finished metal and oxide.
Antimony has a broad range of applications in manufacturing
consumer and industrial products and is a critical mineral used in
manufacturing small arms ammunition. Building on existing
relationships with Bolivian miners, Franklin Mining is positioned
to begin meeting an increasing demand from North American
manufacturers at a time when other suppliers are struggling with
decreasing sources and finished products as China continues
expanding their ownership and control over the world's antimony
supply.
Current and anticipated increases in the San Antonio de Turiri's
monthly production will be discussed 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.9s 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
Department, 210-525-1267.
Contact Investor Relations Department 210-525-1267
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