LAS VEGAS, NV--(MARKET WIRE)--Sep 23, 2008 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) (Frankfurt:FMJ.F - News) Chairman and CEO William Petty and Fernando Infante, Executive Vice-President, have returned to Argentina for a series of meetings to review and finalize plans prior to completing further development of gas-to-liquid and oil production Letters of Intent and Memorandum of Understanding. Speaking by telephone from Buenos Aires, Mr. Petty said, "Franklin's financial partners remain committed to each of our several energy projects in Argentina despite recent difficulties in financial markets."

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 Oil & Gas, Inc. and Franklin Mining, Bolivia are wholly owned subsidiaries. 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.

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     A. S. Austin & Company
     702-386-5379