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Franklin Mining Purchases First 100 Ton Pilot-Plant for Use at the Escala Mine LAS VEGAS, NV--(MARKET WIRE)--Nov 13, 2008 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News)
(Frankfurt:FMJ.F - News) Chairman and CEO William Petty is pleased
to announce that
the first of several plants scheduled for purchase as part
of a recently
approved capital equipment plan has been purchased and is
expected to be
delivered by December 5, 2008. "Our first 100 ton plant is expected to arrive at the Escala the first week of December. The site where the plant is to be erected has its electrical power and a water source in place. This first plant -- our pilot-plant -- will be used to process mined materials currently stockpiled on-site at the Escala." Mr. Petty added, "We will also make daily deliveries of mined materials to another processor plant in Potosi until the pilot-plant is up and fully operational." 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. Contact: Contact:
A. S. Austin & Company
Investor Relations
702-386-5379
http://www.FranklinMining.com
Source: Franklin Mining, Inc.
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