Monday, June 11, 2007 2:42:09 PM
Monday June 11, 8:30 am ET
TECNA Group Delivers Proposal to Prepare Feasibility Study
for First GTL Plant in Argentina's Tierra del Fuego Province
LAS VEGAS, NV--(MARKET WIRE)--Jun 11, 2007 --
Franklin Mining, Inc.
(Other OTC:FMNJ.PK - News) has confirmed that offices have
been opened in Buenos Aires, Argentina -
for the subsidiary company,
Franklin Oil & Gas, Argentina S.A. -
During a visit to Argentina in May 2007,
Franklin Mining CEO, Jaime Melgarejo, Jr,
began the process of reviewing construction sites -
for the first gas-to-liquid plant in -
the Province of Tierra del Fuego.
Mr. Melgarejo also confirms that Franklin
has received a proposal from TECNA Group for preparation
of the GTL plant's feasibility study -
and that he and other Franklin executives -
have met with representatives of TECNA -
to review and discuss their proposal.
TECNA is a global engineering and construction company
maintaining offices in six South American countries,
Spain and Texas.
TECNA's offices in the cities of Santa Cruz, Bolivia,
Buenos Aires, Argentina and Houston, Texas provide ease
of access and frequent direct communication between
Franklin and TECNA executives.
With thirty-three years international oil and gas experience
and a workforce including more than 600 professionals,
TECNA has the experience and resources required
to assume responsibility for every stage of
an energy project from the feasibility study
to the conceptual design, construction and on through
start-up, operation and maintenance.
http://www.tecna.com.ar/eng/index.asp
http://www.tecna.com.ar/eng/hSedes.asp
http://www.tecna.com.ar/eng/hProds.asp
About Franklin Mining, Inc:
Franklin Mining, Inc. has mining and exploration interests
in the United States, Argentina and Bolivia;
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
http://www.franklinmining.com
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.
For further information, please visit our website (www.franklinmining.com)
or contact our
Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
A. Austin & Company
Investor Relations
1-702-386-5379
http://www.franklinmining.com
Source: Franklin Mining, Inc.
http://biz.yahoo.com/iw/070611/0264405.html
http://www.siliconinvestor.com/searchresults.aspx?where=Subject&SearchStr=FMNJ
http://www.investorshub.com/boards/board.asp?board_id=5406
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM
One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM