Franklin Mining, Inc. (FMNJ)

[NYBob]

In Reply To 'jdigilarmo' on 'Franklin Mining, Inc.'

Mayaya Gold Mine Project -


SAN ANTONIO, Mar 14, 2005 (BUSINESS WIRE) --

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."

Pictures -

http://www.franklinmining.com/Portals/40/picture%20pages.pdf

http://www.investorshub.com/boards/read_msg.asp?message_id=10548052