Franklin Mining, Inc. (FMNJ)

[NYBob]

Cerro Rico Silver Mines de Potosi, Bolivia -



Cerro Rico Silver Mines de Potosi, Bolivia -



San Bartolome - Leading Coeur's Next Generation in Silver -

Leading Coeur's new growth in silver is San Bartolome,
the largest new primary silver mine to be built
in the Americas in decades.

With construction underway, this major Bolivian silver mine -
is scheduled for annualized production of more -
than 8 million ounces of silver.

The new facility could be completed in 2007.

Cash operating costs are anticipated at $3.50 per ounce,
which at recent market prices would generate significant
cash flow for the Company.

Total proven and probable reserves of more that 150 million
ounces of silver are contained in surface gravel deposits,
or pallacos, which lend themselves to simple,
low-tech surface-mining techniques.

Of the several pallaco deposits which are controlled
by Coeur and surround Cerro Rico mountain -
three are of primary importance and are known as -
Huacajchi -
Diablo -
(consisting of Diablo Norte, and Diablo Este)
and
Santa Rita.





OPIC -

Approves $54 Million for Silver Mine in Bolivia -
Construction, operation of mine will lift local,
national economy

The Overseas Private Investment Corporation (OPIC) -
will provide $54 million in political risk insurance
for the construction and operation of -
The San Bartolome silver mine -
in the Bolivian mining city of Potosí,
according to a January 21 OPIC press release.

The project will be Bolivia's first - # 1. -
modern silver mine -
and will generate 500 jobs during construction and
370 permanent jobs, OPIC explained.

According to OPIC, the project will also establish
a foundation, called Fundespo -
to assist in the development of
the silversmith, industrial and tourism industries -
in Potosí.

OPIC was established as an agency of
The U.S. government in 1971 -

It helps U.S. businesses invest overseas,
fosters economic development in new and emerging markets,
complements the private sector in managing risks
associated with foreign direct investment,
and supports U.S. foreign policy.

http://usinfo.state.gov/wh/Archive/2005/Jan/24-562861.html

http://www.pbs.org/independentlens/devilsminer/more.html





United States Of America -
Always helping children in need -
In God We Trust -

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