The Old Franklin Gold, Silver & Copper Mines & Mill -
The Franklin Mines and Franklin Mill -
are located in - Clear Creek County, Colorado - approximately 2.7 miles north of the town of Idaho Springs, which is accessible from Interstate 70 approximately 33 miles west of Denver.
From Idaho Springs, a county maintained gravel road connecting Idaho Springs with Central City in Gilpin County passes within 1/4 of a mile of the Franklin Mine facilities and offices.
A minor roadway, also maintained by the County, allows access to the Franklin Mine within 1/8 of a mile.
The mine location is accessible year round, except in the case of a major snowstorm in winter months.
The Old Franklin Mines - - has been trading above $100.00/share by itself -
- history often repeat itself - The old Gold Mines will be reactivated - for FMNJ has only got sniff of - the US Golden Treasure Chest -
so most values have been saved for a rainy day - still all of the Old Franklin Gold Mines - are in good standing and at least should make FMNJ to go to at least 1/2 silver buck/share with any fair market valuation - by itself - never mind the Golden bars and Goldore of Mayaya -
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BTW FYI. FMNJ is also producing Gold at Mayaya Project -
Franklin Mining, Bolivia, wholly-owned subsidiary of Franklin Mining Inc. (OTC Pink Sheets:FMNJ).
Franklin Mining is excited to announce that Franklin Mining, Bolivia has gone cash flow positive for January!
CEO Mr. Melgarejo commented, "According to a report that we received from Ing. Rocha (the project engineer) from Dec. 29 to Jan. 30, our gold sales were about $34,600.00 USD.
Our cost of operations and administration during this time was about $16,720.00 USD;
this does not include loan repayment and other obligations. This left a cash surplus of about $17,900.00USD."
Mr. Melgarejo added, "As per our business plan this money was re-invested in the mine during the shut down for repair, maintenance and expenses in February.
This should minimize our down time for the next couple of months and allow us to increase our production.
We have also asked one of our technical advisors, with extensive expertise in placer mines in the area we are working, to review the operation and advise recommendations."
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