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Tuesday, 09/12/2006 12:17:31 PM

Tuesday, September 12, 2006 12:17:31 PM

Post# of 42619
HOT NEWS!!!!

InternetWire) Franklin Mining Announces Pulacayo Tailings Program


LAS VEGAS, NV -- (MARKET WIRE) -- 09/12/06 -- Franklin Mining, Inc. (PINKSHEETS
FMNJ)
announces program for funding their mining operations. The Pulacayo
operation is purely tailings (Tailings are produced when metallic ores are
ground into fine powder to free the metal-bearing mineral.). The
investment for Pulacayo tailings is $1.5 million. Franklin Mining and
Kempf Mining will share the partnership as: Franklin - 51%, Kempf - 27% and
Peruvian group - 12%. COMIBOL will be paid 0 to 15 $US/ton of tailings.





Franklin Mining will lease the first mining plant from Eco Mining, Inc. of
Bolivia. It should be operational in October and will produce up to
$200,000 to Franklin Mining per month with an increase of up to 10 plants
by January 2007. The processing will produce 4,000 tons per day.



The existing tailings and metal grades consist of 4,000,000 tons of
tailings. The total weight of silver is equal to 248 kg and 7,973,507 Troy
ounce silver ingots.



There will be 400 tons a day, 2nd phase for 1,600 tons a day, 3rd phase
4,000 tons per day. There is a total of seven million ounces of silver, 121
proven ounces of gold.



Franklin Mining announces the first tailings processing plant will be
operational in October and will be producing 400 tons per day. There will
be $200,000 to Franklin Mining after startup of the plant per month.



The engineers have reported 4,000,000 million tons of tailings of silver.
There is also 1 gr/ton of gold that equals 128.605 Troy ounces of gold
ingots.



DISCLOSURES:



About Franklin Mining, Inc:



Franklin Mining currently has interests in Bolivia and the United States
and opened a wholly owned subsidiary in Bolivia. Franklin Mining, Inc
Bolivian subsidiaries include Franklin Mining, Bolivia and Franklin Oil &
Gas, Bolivia. For information about Franklin Mining, Inc. visit our
website: http://www.franklinmining.com.



About Cerro Rico Mine:



The Cerro Rico Mine is considered by many to be the richest silver mine in
the world. Rich in zinc and silver, it has been actively mined since the
1500's and is in operation today. Cerro Rico is owned by Bolivia's national
mining company, COMIBOL.



About COMIBOL:



COMIBOL is the government owned mining company in Bolivia. COMIBOL owns the
CERRO RICO mines as well as many other properties and mineral rights in
Bolivia.



"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.



Contact:
Franklin Mining, Inc.
Andrew Austin
1-702-386-5379




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