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Re: NYBob post# 2

Friday, 05/12/2006 1:05:38 AM

Friday, May 12, 2006 1:05:38 AM

Post# of 928
RE: FRANKLIN MINING -- FMNJ --



The Old Franklin Gold, Silver &
Copper Mines & Mill -

The Franklin Mines and Franklin Mill -
History -

* Franklin Mining Company -
was established as a Colorado -
exploration and mining -
company in 1864.

* In 1865, the claims that comprise -
The Franklin Mines -
were located about 1½ miles north of
Idaho Springs and the vein system -
that became the ore bodies of -
The Franklin Mines -
were also discovered that year,
with the sinking of the Franklin shaft.

* Between 1865 and 1870 -
shafts were also sunk -
at the Gem Mine -
Freighters Friend Mine -
Franklin 73 Mine -
Franklin 87 Mine -
Alpha Mine -
Reilly Mine -
Silver Age Mine -
Freemen Mine -
and
Seaton Mines -
that would later be combined into
- “Franklin Mines” -.


* Subsequently, Company grew to a number -
of underground mining operations -
and its own floatation mill,
in Colorado,
producing concentrates of -
gold, silver, lead and zinc.

* The Franklin Mines -
were a significant producer of ore,
in the area.
The Mining operations, including
The Franklin Mines -
expanded and contracted with
the price of Gold and Silver.

* Mining commenced in 1865 -
and continued on an almost uninterrupted
basis until the outbreak of World War I,
when the US Government curtailed -
Gold mining.

* During the Great Depression,
there was a renewal of mining activity.

However, during World War II,
Gold mines were again shut down,
by the Government.

* Limited mining activity has occurred at -
The Franklin Mines -
and other area operations -
since the late 1940s.

* In 1981, the Company
commenced a rehabilitation program -
to extend and rehabilitate the shafts
and tunnels in place at -
The Franklin Mines -
install -
The Franklin Mill -
and search for and delineate
a commercial ore body.

* In 1983, the Company -
completed -
The Franklin Mill.


* In 2003 a new board of directors -
was voted in to bring new direction.

* In 2004 the name was changed -
to reflect the history of the original -
Franklin Mining Company.

History often repeat itself -

Franklin Mines -

* 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 Mines -
facilities and offices.

A minor roadway, also maintained
by the County, allows access to
The Franklin Mines -
within 1/8 of a mile.

The mines location is accessible year round,
except in the case of a major snowstorm
in winter months.

The Company is looking for an joint venture
partner of this property -
its up to the FMNJ - Board of Directors -
and it may change with a higher Gold POG,
Silver and Copper prices.

Note. The mining Laws -
in the U.S. has not changed -
since Est. 1874.

The Old Franklin Mines -
- has been trading above $100.00/share by itself -










- History often repeat itself -

The old Franklin Gold Mines -
will be Re-Commissioned one day -
for FMNJ has only got sniff of -
the US Golden Treasure Chest -

- most values have been saved -
for a rainy day in the safest safety box -
still all of -
The Old Franklin Gold Mines -
are in good standing and -
with the substantial higher -
POG Price of Gold -
should make FMNJ move to -
at least 1/2 silver -
buck/share with any fair market valuation -
by itself -


never mind the Golden bars and
Goldore of Mayaya? -

----

Note.
FMNJ is also producing Gold at Mayaya Project -

Mayaya Project -
Project Description -

http://www.franklinmining.com/Portals/40/Mayaya%20description.pdf

Mayaya Gold Mine Project -

Pictures -

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

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."

http://biz.yahoo.com/iw/060403/0120997.html



FMNJ - when allowed - will soon make -
The Silver Mines safe at Cerro Rico -
it will become -
The Great Cerro Rico Silver Mines - again!

Imo. Tia -

http://www.nerc.ac.uk/publications/documents/pe-wint04/cerrorico.pdf

http://www.investorshub.com/boards/board.asp?board_id=5406
The Lord with us,
Imo. TIA.
Brgds.
Bob
























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