Franklin Mining Announces Zinc Find at Escala Generates Worldwide ...

Tag : zinc

LAS VEGAS, NV -- (Marketwire) -- 08/20/08 -- Franklin Mining, Inc.( FMNJ ) (FRANKFURT: FMJ) Chairman and CEO William Petty confirms he hasreceived numerous inquiries concerning recently announced zinccontent of Bolivia's Escala Mine. Mr. Petty also confirms thatFranklin's Vice President of Operations for International Mining,Howard Dunn, P.E., is returning to Bolivia earlier than planned tosupervise final testing and preparation for upcoming site visits bypotential purchasers of zinc and other minerals.
As previously announced, a preliminary report following laboratoryanalysis of the Escala's third tier of samples is expected from SGSLakefield Research Limited within the next few weeks. Furtherinformation on the Escala Mine, including initial assay reports, isavailable at www.FranklinMining.com .
The Escala Mine was established during the Spanish colonial periodand has been mined for lead, zinc, gold and silver. In 2007,Franklin Mining, Bolivia (a wholly owned subsidiary of FranklinMining, Inc.) negotiated an agreement with the National MiningCompany of Bolivia (COMIBOL) to resume mining operations within thearea of the original concession.
About Franklin Mining, Inc.: Franklin Mining, Inc. has mining andenergy interests in the United States and Bolivia as well as energyinterests in Argentina. Franklin Mining, Bolivia is a wholly ownedsubsidiary. Franklin Mining, Inc. holds 51% ownership in bothFranklin Oil & Gas, Bolivia S.A. and Franklin Oil & GasInternational S.A. Additional information is available at www.FranklinMining.com .
DISCLOSURES: "Safe Harbor" statement under the Private SecuritiesLitigation Reform Act of 1995: This press release containsforward-looking statements that are subject to risk anduncertainties, including, but not limited to, the impact ofcompetitive products, product demand, market acceptance risks,fluctuations in operating results, political risk and other risksdetailed from time to time in Franklin Mining, Inc.'s filings withthe Securities and Exchange Commission. These risks could causeFranklin Mining, Inc.'s actual results to differ materially fromthose expressed in any forward-looking statements made by, or onbehalf 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.