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Re: NYBob post# 674

Thursday, 02/14/2008 2:48:10 PM

Thursday, February 14, 2008 2:48:10 PM

Post# of 928
Escala used to be the Spaniards second largest treasure mine -
they didn't leave without first cover up the main portals -

FMNJ may still make great discoveries? -

[Suppressed Sound Link]






Barrick ABX was to restart the Escala -
when Gold in play about $300? -
today its an old Goldy treasure -

Memo - Austpac plans Bolivian deal - Austpac Gold NL -
Brief Article
American Metal Market,
July 21, 1993

NEW YORK -- Gold explorer Austpac Gold NL said it had agreed
with Bolivia's state-owned Corporacion Minera de Bolivia
(Comibol) to proceed with a gold and copper project
in the southwestern part of the country
about 150 kilometers from the border with Chile,
Reuters reported.

The property is known as the Escala field.
The site has shown assays of up to 3.9 grams of gold
per metric ton -
at shallow level -
--

With further mining -
drilling expl. etc....
FMNJ may find what ABX discovered by their expl. etc.?..

Well,
Barrick made discoveries of Gold -
and with Auspac had intentions to dev. -
The Escala mine in 1995 -

I think the Gold bullion price went down -
from a higher price of 1996 -
memo- $450 - to low of $250 in 2001 -
and the cost to dev. higher etc.

Barrick made some other priorities -
short selling gold etc. and lost
The Escala mine property -
for not fulfilling the intentions etc.?.

fyi..1995 - had made expl. on Escala Mine -
and had the intentions to develop it....
American Barrick and Austpac, says Mr. Cuellar,
recently agreed upon a

US$200 million deal to develop -
the Escala gold mine -
deposit located in Bolivia's altiplano.

DD..info..expl. Barrick - Auspac -

had intentions to dev. -

Escala Mine - in 1995 -

http://ssdc.ucsd.edu/news/chip/h94/chip.19941018.html

----

Escala's Gold Reserves Projected to Be Greater Than Expected
Thursday February 14, 8:30 am ET
LAS VEGAS, NV--(MARKET WIRE)--Feb 14, 2008 --

Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News) (Frankfurt:FMJ.F - News)

CEO, William Petty, confirms that Franklin will begin taking
gold from the first of its four known sources within
their 500 hectare concession from COMIBOL.

The first mining specifically for gold will begin at the Cerro
Blanco, the nearest of the four sites to where Franklin
is presently mining silver, zinc and lead.

The initial discovery of gold at the Escala was made in early-1993.

Within the year, a 70,000 square meter area at Cerro Blanco
was gridded and 134 systematic samples returned an average
1.2 grams of gold per ton.

A series of 783 continuous and contiguous three meter chip
samples were taken from within an approximate 35,000 square
meter area after bulldozer benching and diamond drilling.

This second set of samples confirmed earlier results.

Gold mineralization was strongly zoned and contained
significant sections above 1.0 grams per ton.

The average of 60% of all samples was 0.51 gram per ton;
the average of the remaining 40% was 1.16 grams per ton.

At the highest end of the range of all assay results,
there were a few as high as 2.8 and 3.9 grams per ton.

Additional information on Franklin's plans for mining at
the Escala is available at
www.FranklinMining.com
specifically in multiple Letters from the President
to be posted during February 2008.

About The Escala Mine:
Comprising three separate mining applications,
COMIBOL's Escala Mine concession totals 2,000 hectares
located in the Sud Lipez Province, near Bolivia's border
with Argentina.
Franklin Mining, Bolivia -
has been awarded a contract to mine 500 hectares within
the original concession.
Escala II and Escala III mining applications are currently
assigned to another company.

The original Escala Mine was established during the Spanish
colonial period and has been mined for lead, zinc, gold
and silver.
In 2007, Franklin Mining, Bolivia -
negotiated an agreement with COMIBOL,
National Mining Company of Bolivia, to resume mining
operations within the area of the original concession.

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.
Franklin Mining, Bolivia
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.

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, 1-702-386-5379.


Contact:

Contact:
Investor Relations
A. S. Austin & Company
1-702-386-5379


Source: Franklin Mining, Inc.

http://biz.yahoo.com/iw/080214/0361835.html


Rhodium $8560.-/oz calling on brother Silver to
come along -
stop manipulatorz gangz and Ag goes above $1K/oz + + + +


http://www.kitco.com/LFgif/rh0030lnb.gif

Franklin Appoints Howard Dunn Vice President of Operations, International Mining
Wednesday, February 13 2008 1:00 PM, EST Market Wire "US Press Releases " LAS VEGAS, NV -- (MARKET WIRE) -- 02/13/08 --

Franklin Mining, Inc. -
(PINKSHEETS: FMNJ) ( FRANKFURT : FMJ)

Chairman, CEO and President, William Petty,
this morning announced the appointment of
Howard B. Dunn, P.E. as Vice President of Operations
for International Mining.

Mr. Dunn, a registered Chemical Engineer,
earned a Bachelor of Science in Geological Engineering
from the Colorado School of Mines , Golden, CO, in 1985
and returned to earn a -
Master of Science in Metallurgical Engineering in 1989.

Mr. Dunn began his engineering career working in -
rock-tunneling and dam design and construction
before focusing on research and development projects
in ceramics and chemical based processing
with manufacturing firms including Ueblacker & Assoc,
ENSECO Inc , Coors Ceramics Co, Hazen Research, Inc ,
H.O.T. Enterprises and AZ Technology, Inc.

Mr. Dunn also served as Executive Director of the University
of Idaho's Business Technology Incubator
before moving to ESG, Inc. in 2000 and
American BioDiesel, Inc. in 2003,
two companies with which he continues to maintain
consulting relationships.

Prior to his work with the University of Idaho ,
Mr. Dunn's chemical engineering career included work
in areas such as ceramic processing, chemical based
processing, high performance ceramic and polymer-based
materials and chemical based recovery of waste tires,
industrial coatings technology and special
chemical manufacturing.

Since 2003, Mr. Dunn has been a leader in
the North American development of licensed
state-of-the-art European bio-diesel
and energy from bio-mass technologies.

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 . Franklin Mining, Bolivia is a wholly owned subsidiary.
Franklin Mining, Inc. holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.

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 , 1-702-386-5379.
For further information:

A. S. Austin & Company
1-702-386-5379
http://www.franklinmining.com

Imo. Tia
God Bless

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