Franklin Mining, Inc. (FMNJ)

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Press Release for Wednesday - Whisper Alert - www.stocks2play.com

FMNJ - Breaking News!

LAS VEGAS, NV – (MARKET WIRE) – Franklin Mining, Inc. (Other OTC: FRANKLIN MINING, INC., FMNJ.PK - News), is positioning for fourth quarter growth.

Press Release for: September 6, 2006, Wednesday, 7:30 AM EST

Franklin Mining, Inc. is positioning for fourth quarter growth.

Franklin Mining has accomplished great strides in the preparation, ascertainment and completion of spearheading the mining industry in South America.

To date, Franklin Mining, Inc. has signed:

An agreement with the federation of national cooperatives on May 26, 2006. These are the North Potosi and South Potosi cooperative groups in Bolivia. The cooperative work force/labor unions consist of 960 representatives in Bolivia. This places nearly 100,000 workers in the working arsenal for Franklin Mining, Inc.,

An agreement with COMIBOL on August 3, 2006 has been registered with the Bolivian courts and a Letter of Guarantee was issued by Bolivia’s Minister of Mines and Metallurgy, Walter Villarroel Morochi for Franklin Mining, Inc. (FMNJ.PK) operations. FMNJ.PK is the first company to sign a working agreement with COMIBOL for projects in the Cerro Rico mine.

An agreement with Pulatira. Roland Kemp, Vice President of B&B Bank and senior partner of Kemp & Associates has entered into a mining tailings agreement with Franklin Mining, Inc. & COMIBOL. Franklin will retain 51% of project (Tailings are produced when metallic ores are ground into fine powder to free the metal-bearing mineral.).

In the last six months with COMIBOL:

(a) A partnership in the Cerro Rico mines (July 10, 2006),

(b) Franklin Mining finalizes agreements with COMIBOL (May 1, 2006)

(c) Franklin Mining, COMIBOL and local cooperatives continue work on their joint venture agreement for attempting to increase Cerro Rico productivity (March 15, 2006)

(d) Franklin Mining, Inc., COMIBOL nearing completion of contract negotiations (March 14, 2006), and

(e) Franklin Mining, Inc. in final negotiations with COMIBOL (March 7, 2006)

On May 25, 2006 signed as Franklin Oil & Gas a Memorandum of Understanding (MOU) with YPFB to build a GTL (gas to liquid) plant. Presently, lawyers representing both parties are revising the contract.

An agreement as Franklin Oil & Gas, with the City of Ayo-Ayo, Bolivia to build a small GTL plant, scheduled to produce 500 barrels a day. Also, Ayo-Ayo has formed an additional partnership with Franklin Oil & Gas to develop and provide university housing and hospital supplies for the area. Ayo-Ayo has also been designated as a national landmark of Bolivia.

A MOU with the State of Tarija and its government to build a GTL plant on July 17, 2006, as Franklin Oil & Gas, that will produce 10,000 barrels a day. Tarija owns 11% of about 38tcf of gas in southern Bolivia. They will contribute to the partnership (which is under the guidelines of the SAM agreement (Bolivian Joint Venture 5149, an associated partnership, which guarantees investment and gas per Bolivian law).

A successful MOU with the country of Argentina, as Franklin Oil & Gas, to build a methanol plant in Tierra del Fuego. The governor will contribute 5 mcf (million cubic feet) of gas per day beginning on August 22, 2006. The agreement will also facilitate the industrialization of various industries.

Franklin Oil & Gas and Franklin Mining have designed a program for funding for the GTL plants and the tailings projects.

FRANKLIN MINIING AND FRANKLIN OIL & GAS FINALIZE AUDIT - Franklin Oil & Gas and Franklin Mining finalized audit on August 28, 2006



Franklin Mining, Bolivia S.A. (a Bolivian corporation) is a subsidiary company of Franklin Mining, Inc. COMIBOL is Bolivia's state-owned mining company.

For additional information on Franklin Mining, Inc, please visit our web-site, www.franklinmining.com. To receive Franklin Mining news by e-mail, please send contact information to [e-mail].



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.

Additional information on company operations is found at our website http://www.franklinmining.com/.


Contact:

Franklin Mining, Inc.

Andrew Austin

702-386-5379

[e-mail]

Always do your own research before making any investment decisions. Never invest into a stock we discuss in these announcements or at http://www.stocks2play.com/ unless you can afford to lose your entire investment. This is not an offer or solicitation to buy, sell, or hold and securities. We have been compensated with 200,000 shares of "Restricted" stock in Franklin Mining, Inc. from a 3rd party (A.S. Austin Company, Inc.) for a 2 month "Public Awareness Campaign Agreement." We have recently traded FMNJ shares in the open market but do not own any as of today.

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